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July 29, 2026
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Financial-market depth requires reliable liquidity, risk transfer, transparent products and shared institutional responsibility for resilient long-term financing.
Financial-market depth requires reliable liquidity and price discovery, efficient risk distribution, and diverse, meaningful participation across market conditions. Government and corporate bond markets, money markets, and foreign exchange and derivative markets should channel long-term savings into investment and enable management of interest-rate, currency and credit risks. Product innovation must serve genuine needs and be supported by suitability assessments, transparent disclosure, fair pricing, independent valuation and user risk-management capacity. Regulators, market institutions, issuers, investors and infrastructure providers share responsibility for resilient, transparent and trusted markets.
July 29, 2026
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Securitisation Note amendments seek stronger issuance efficiency, liquidity and transparency, with stakeholder consultation invited on proposed directions.
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July 29, 2026
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Rupee appreciation reflected weaker dollar conditions, equity inflows, crude oil movements and positive domestic market sentiment.
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July 29, 2026
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Input Tax Credit unblocking allegedly involved illegal gratification, prompting a trap operation and apprehension of the officer and consultant.
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July 29, 2026
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Defence production licensing and Russian energy sanctions shaped discussions on Ukraine's security capacity, missile supply and diplomatic engagement.
Ukraine-US discussions addressed licences for domestic Patriot defence-system production, wider defence-production cooperation, technology exchange and missile supply funded through European resources. Ukraine also sought support for a sanctions bill designed to increase economic pressure on Russia by imposing tariffs on goods from major purchasers of Russian oil and gas and by sanctioning Russian leaders, financial institutions and energy projects. The proposed defence-production licence was identified as a longer-term measure, alongside calls for renewed diplomatic engagement.
July 29, 2026
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Cooperative-sector modernisation strengthens rural finance through expanded credit societies, online audits, institutional connectivity and technology-enabled cooperative banking.
Cooperative-sector modernisation is presented as a mechanism for strengthening rural institutions, farmer prosperity and the rural economy. The separate Ministry of Cooperation provides an administrative, legal and policy framework for the cooperative movement. Key initiatives include establishing new primary agricultural credit societies and dairy cooperative societies, expanding business activities for primary agricultural credit societies, online auditing, and connecting cooperative institutions. District cooperative banks are described as important institutions for meeting the financial requirements of expanding service and dairy cooperative societies.
July 28, 2026
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Direct containerised rail freight movement enables seamless Kolkata Port-to-Biratnagar cargo transport without border transshipment under revised transit arrangements.
Direct containerised rail freight movement between Kolkata Port and Biratnagar Customs Yard has commenced under the revised India-Nepal Rail Transit Protocol. The service enables end-to-end commercial rail carriage without border transshipment through the Jogbani-Biratnagar broad-gauge connection. Implementation of the revised Letter of Exchange operationalises direct commercial rail access, intended to reduce transit time, logistics costs and cargo handling while improving supply-chain efficiency, reliability and cross-border trade.
July 28, 2026
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State governance reforms expand housing relief, local audits, MSME support, property records, welfare measures and clean-vehicle tax incentives.
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July 28, 2026
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Investigation into alleged fund diversion faced scrutiny as agencies were required to disclose progress and decide on regular cases.
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July 28, 2026
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MSME payment-delay reforms propose faster dispute resolution, enforceable settlement recovery, and invoice discounting to strengthen supplier liquidity.
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July 28, 2026
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Regional Rural Banks are regularly reviewed for financial performance, technology upgradation, MSME lending, loan diversification and financial inclusion in rural and remote areas. Their financial health improved over recent years, with growth in deposits, loans, credit-deposit ratio, net worth and capital adequacy, alongside improved asset-quality indicators. Financial-inclusion targets for bank-account access, micro-credit, insurance and pension schemes are set and periodically monitored to extend formal financial services.
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July 28, 2026
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Preferential tariff utilisation under recently operationalised trade agreements is monitored through Certificates of Origin and partner-country trade data. Increased certificate issuance and expansion in exported HS-level tariff lines are treated as indicators of export diversification and market penetration. Labour-intensive sectors receive improved market-access opportunities under FTAs, while calibrated tariff liberalisation and transition arrangements preserve policy space for sensitive domestic sectors. Trade e-Connect and the Trade Intelligence and Analytics Portal provide exporters and policymakers with market intelligence, Rules of Origin guidance, FTA advisory services and trade-performance analytics.
July 28, 2026
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Sugar dealers may not retain stock beyond thirty days from receipt or hold sugar above 4,000 quintals at any time or place. Government-account stocks and authorised Public Distribution System stocks are excluded. State Governments and Union territory administrations may prescribe limits only within the national ceiling and holding period. Dealers must declare and regularly update stock positions on the designated portal. The temporary restrictions are intended to maintain domestic availability, discourage speculative buying and contain sugar prices.
July 28, 2026
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A healthy credit profile depends on timely repayment of EMIs and credit-card dues, controlled credit utilisation and selective applications for new credit. Missed payments, sustained high utilisation and multiple hard enquiries may affect credit health and lender assessment. Individuals should periodically review credit reports for inaccurate personal details, closed loans recorded as active, missing repayment updates, duplicate loan entries or incorrect payment status, and promptly seek correction of discrepancies. Regular monitoring of credit score, repayment history, active accounts and enquiries supports informed credit-management decisions.
July 28, 2026
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Gold loan repayment structures require borrowers to weigh EMI interest savings against bullet repayment cash-flow flexibility and maturity obligations.
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July 28, 2026
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Illicit trade prevention requires coordinated intelligence sharing, risk-based shipment controls and public-private cooperation to protect supply-chain integrity.
Illicit trade prevention requires coordinated regional action through institutional intelligence-sharing, joint enforcement, regulatory alignment and public-private engagement. Proposed measures include risk-based pre-export assurance, shipment controls, digital customs tools and common principles adaptable to sector-specific risks. India is identified as a dialogue partner that can support secure regional trade through enforcement cooperation, intelligence exchange and risk-based governance. Analytical research, market intelligence, product-identification awareness and voluntary track-and-trace initiatives may assist in addressing illicit tobacco trade and strengthening lawful trade integrity.

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Customs & Trade

Trade deal with US will hurt Indian farmers; govt wants to destroy agri sector: Kharge

February 4, 2026

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New Delhi, Feb 4 (PTI) The India-US trade deal will hurt the interests of Indian farmers, and the government wants to destroy the country's agriculture sector, Leader of Opposition in the Rajya Sabha Mallikarjun Kharge alleged on Wednesday.

Participating in the discussion on Motion of Thanks to the President's address in the Upper House, the Congress party president also said that in the last 11 years, the government has "bulldozed" social justice and equality, and parliamentary democracy.

Hitting out at the manner in which the India-US trade deal was announced, Kharge said it is an insult to the Indian Parliament that parliamentarians got to know about the deal when it was in session from US President Donald Trump and not the government.

Quoting US Agriculture Secretary Brooke Rollins, he said, "The new US-India deal will export farm products to India's massive markets, lifting prices and pumping cash into rural America".

"Meaning American farmers will benefit," Kharge said.

"Tell us, are you (government) working for the welfare of farmers, or are you against the farmers?" Asserting that the deal will hurt the interests of Indian farmers, he alleged that the government wants to "destroy" the Indian agriculture sector.

American imports will come at zero tariff, and what India exports there will be at 18 per cent, he lamented.

"The fact that parliamentarians came to know about the India-US trade deal from President Trump and not the government is an insult to Parliament," he said, adding that Trump is telling what India should do and how to run it from the US.

Indian farmers will be destroyed by this deal, he added.

On Monday, Trump, in a social media post, announced that India and the US agreed to a trade deal under which Washington would bring down the reciprocal tariff on Indian goods to 18 per cent from the current 50 per cent, after a telephonic conversation with Prime Minister Narendra Modi.

In his speech, Kharge said the President's address was silent on many important matters and raised issues of social justice, social harmony, attack on constitutional democracy, economy, difficulties faced by farmers and workers and the government's shortcomings in its foreign policy.

After the Independence, two of the most important goals before the nation were setting up a system to provide social justice and equality, and giving the country a parliamentary democracy, but "in 11 years you have bulldozed both", he said.

In the last few years, the government has weakened the four pillars of the constitution -- justice, liberty, equality and fraternity, Kharge said.

He further said that in the last 11 years, the Modi government has weakened the fabric of social justice.

While the President's address mentioned women's reservation, in reality, women have only remained vote banks for the BJP, Kharge claimed, adding that if the Prime Minister was really concerned about women's reservation, then the Women's Reservation Act would have been implemented without any conditions.

He also alleged that under the NDA rule, atrocities against minorities, tribals and women have increased. Many schemes implemented by the earlier Congress government to uplift scheduled tribes and scheduled tribes have been completed by the current government, and fund allocations have been cut.

Kharge also lashed out at the government for "uprooting and throwing away" legislations, including MNREGA, which were aimed to provide citizens basic rights and for the betterment of citizens.

On social harmony, he said any discussion on the matter will be incomplete without mentioning Manipur, where at least 200 people have died, and 70,000 have been displaced.

"You have made Manipur a militarised zone," Kharge said, adding that it took two years for the Prime Minister to visit the troubled state.

Kharge also raised concern over rising violence against minorities and attacks on Churches in several states, while accusing the BJP spokesperson of spewing venom and spreading hatred between different communities.

"Do you want to build Viksit Bharat on the foundation of hatred and division?" he asked, adding that if the government continued with its policy, it would be responsible for breaking up the nation.

He also alleged the ruling dispensation of not entertaining demands from the opposition for discussion on various issues in Parliament by rejecting short-notice questions and half-hour discussions.

Alleging that the Prime Minister always stays away from replying to questions in Parliament, Kharge said several questions raised by Opposition members were rejected on flimsy grounds.

He accused the government of wanting to impose new laws and pass legislation without discussion or proper scrutiny in Parliament, while also alleging that in non-NDA-ruled states, Raj Bhavan has become offices of the BJP and RSS, and Governors were acting as agents of the Centre.

Highlighting the issue of inequality, citing the World Inequality Report, Kharge said 40 per cent of India's total wealth is held by 1 per cent of the population and asked what steps have been taken by the government to address the issue.

He also raised the issue of rising unemployment among youths despite large-scale vacancies in government posts and PSUs across the country, while flagging concern over heightened drug seizures, especially from ports in Gujarat.

Kharge also hit out at the government over the new labour codes, saying in order to benefit its "corporate friends", the government has finished the laws that were framed before and after Independence, which "guaranteed the future of workers".

Taking a dig at the government's 'Achche Din' slogan, he said, due to the smoke of pollution, one can't see 'Achche Din' and 11 years of failed strategy meant people are now forced to buy air purifiers.

"Those who talk about ease of doing business can't give ease of breathing...," Kharge lamented. PTI RKL CS RKL BAL BAL

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