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    Union Minister of Commerce & Industry Shri Piyush Goyal Chairs CEO Roundtable on Ease of Doing Business for Scaling India’s Data Centre Ecosystem
    India–Afghanistan Joint Working Group on Trade Holds Virtual Meeting; Reviews Measures to Strengthen Bilateral Trade and Economic Cooperation
    PM Surya Ghar Yojana 2026: How to Get Rs 78,000 Solar Subsidy & Cut Your Electricity Bill
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September 2, 2026
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Data centre ease-of-doing-business reforms target reliable power, prepared land, streamlined approvals and building standards for faster infrastructure deployment.
Ease-of-doing-business reforms for India's data-centre ecosystem focus on faster and sustainable infrastructure deployment through reliable power, ready-to-use land, streamlined approvals and suitable building regulations. Proposed power measures include cluster-based transmission planning, first-day sanctioned load, dual feeders and cross-border renewable-energy procurement. Data-centre-ready land banks and power-ready parcels are intended to reduce development timelines. The National Building Code 2026 recognises data centres under Group E and contains a dedicated annex on fire-risk assessment and data-centre-specific performance indicators.
September 2, 2026
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Trade facilitation and customs cooperation drive follow-up action on connectivity, regulatory coordination, investment promotion and bilateral commercial engagement.
India-Afghanistan bilateral trade and economic cooperation is being advanced through institutional engagement on trade facilitation, customs cooperation, connectivity, investment and commercial exchange. Priority areas include customs and data-sharing cooperation, visa facilitation for traders, banking and financial cooperation, pharmaceutical and agricultural trade, energy cooperation, tariff concessions, cargo connectivity and port-related matters. Follow-up action covers regulatory cooperation, improved connectivity, investment promotion and business-to-business engagement.
September 2, 2026
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Residential rooftop solar subsidy requires eligibility, prior approval, registered installation, net metering, commissioning, and verified bank details for direct transfer.
PM Surya Ghar Muft Bijli Yojana provides central financial assistance for eligible grid-connected residential rooftop solar systems, capped at Rs. 78,000 for systems of three kilowatts or more. Applicants must be Indian citizens who own a suitable house, hold a valid electricity connection, and have not received an earlier solar-panel subsidy. Applications require portal registration, distribution-company feasibility approval, installation through a registered vendor, net metering, inspection, commissioning and submission of bank details. Assistance is transferred directly after verification. State-specific net-metering procedures, approvals and additional incentives may apply.
September 2, 2026
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Sovereign credit rating upgrade reflects solid growth, stronger financial systems, and improving fiscal and external resilience.
JCR upgrades India's foreign-currency and local-currency long-term issuer ratings to A- with a stable outlook, citing sustained economic growth, productivity-oriented policies and improved financial-system soundness. Fiscal constraints include elevated deficits, intergovernmental fiscal transfers, electoral-cycle sensitivity, and high combined government debt and interest burdens. Greater emphasis on infrastructure capital expenditure has improved the quality of fiscal spending. External resilience is supported by a contained current account deficit, services surplus and foreign-exchange reserves exceeding short-term external debt.
September 2, 2026
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Personal insolvency bench constitution and repayment-plan eligibility remain contested where a larger tribunal bench stays a third-member order.
Personal insolvency proceedings raised a challenge to the National Company Law Tribunal's authority to constitute a five-member bench after a split verdict. The challenge contended that the mechanism for differing views permits reference to another member or members, but does not authorise a five-member bench. The larger bench stayed the third member's order, restricted asset alienation, and suspended an order permitting settlement of personal-guarantee claims. The dispute concerned the validity of that bench, the split-verdict reference procedure, repayment-plan eligibility, and pending creditor appeals.
September 2, 2026
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Digital lending app verification enables borrowers to identify regulated lenders, grievance channels, and warning signs before accepting loans.
GoCredit's Loan App Checker allows borrowers to search lending apps against the public Digital Lending App directory and identify the regulated lender, grievance contact and RBI Ombudsman escalation route where a match exists. Regulatory reporting by regulated entities enables app-level verification, while borrowers should also check the lender named in app disclosures and loan agreements. A directory listing is a regulated-entity disclosure, not RBI approval or endorsement. Unmatched apps should be assessed through verification steps and reported through official channels where appropriate.
September 2, 2026
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Rupee depreciation in early trade reflected oil-price pressures, risk aversion, higher Treasury yields and broad dollar strength.
Early foreign-exchange trading saw the rupee weaken against the US dollar amid renewed US-Iran tensions, risk aversion, higher Brent crude prices, and a stronger dollar. Safe-haven demand, inflation concerns linked to potential oil-supply disruption, expectations of a September Federal Reserve rate increase, and higher US Treasury yields supported the broad dollar rally. RBI monitoring of the rupee's decline was noted.
September 2, 2026
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Responsible AI governance requires ethical safeguards, privacy protection, accountability and adaptive oversight to build lasting corporate stakeholder trust.
Responsible artificial intelligence governance requires continuous innovation, inclusive development, responsible deployment and trust-based governance. AI systems should be ethical, safe, transparent, fair and human-centric, with safeguards for privacy, bias, security and accountability. Proportionate and adaptive regulation should provide clear accountability, standards, monitoring, auditability and grievance redressal. Good governance, cybersecurity, personal data protection and responsible AI together strengthen organisational resilience, stakeholder trust, transparency and sustainable innovation.
September 2, 2026
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E-auction of surplus public land enables transparent outright sale of RINL parcels through registered, KYC-verified bidding.
National Land Monetization Corporation will facilitate the e-auction and outright sale of 459 encumbrance-free RINL land parcels, including residential plots and parcels suited for commercial and logistics use. Competitive bidding will occur through the RailTel E-Nivida e-procurement platform. Participation requires online registration, KYC verification, and plot-wise submission of an earnest money deposit within prescribed timelines. The process supports transparent monetisation of surplus land and non-core public assets.
September 2, 2026
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Competition approval for infrastructure finance restructuring covers acquisition, minority transfer, investment divestment, and merger of regulated NBFCs.
Competition Commission of India approval applies to the acquisition of Aseem Infrastructure Finance Limited by TPG Nicobar SG Pte. Ltd., a subsequent minority share acquisition by ICICI Bank Limited, and Aseem's divestment of its shareholding in NIIF Infrastructure Finance Limited to National Investment and Infrastructure Fund II. Following the acquisition, Climate Finance India Private Limited is intended to merge into Aseem as the surviving entity. The entities involved include RBI-registered non-deposit taking NBFCs operating in infrastructure finance, investment and credit, and infrastructure debt financing.
September 2, 2026
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Healthcare merger approval enables KCIL to acquire fertility and specialty hospital businesses alongside related equity issuances and investment.
Competition Commission approval covers KCIL's acquisition of up to 100% equity shareholding in AFCPL and 100% equity shareholding in ASHPL. The combination includes KCIL issuing equity shares and optionally convertible debentures to AHLL, representing 9.9% fully diluted shareholding as partial consideration, together with a further KCIL equity investment by Arvon Investments Pte. Ltd. KCIL operates mother and baby care hospitals, while AFCPL provides assisted reproductive treatment and reproductive-medicine services.
September 1, 2026
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Money-laundering investigation into alleged District Mineral Fund diversion examines purported liaison activity and asset acquisition through proceeds of crime.
Money-laundering proceedings under the Prevention of Money Laundering Act concern alleged diversion of District Mineral Fund resources through the Chhattisgarh Seed Corporation. The investigation alleges siphoning of public funds by contractors in collusion with government officials and political executives. A businessman was identified as an alleged liaisoner and financial coordinator between public servants, district authorities and private vendors. Allegations also include receipt of commissions, acquisition of immovable assets from purported proceeds of crime, non-production of records, and contradictory statements during questioning.
September 1, 2026
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Foreign exchange market dynamics: rupee appreciation reflected portfolio inflows, domestic growth, and possible central-bank intervention amid external pressures.
The rupee appreciated against the US dollar, supported by domestic growth, controlled fiscal slippage, portfolio-related inflows and possible Reserve Bank of India intervention. Its gains were limited by weak equity markets, rising crude oil prices and a stronger dollar. External geopolitical tensions and hawkish US monetary signals remained potential pressures. Domestic indicators showed strong economic activity, while the current account deficit widened because of a higher merchandise trade deficit. Foreign portfolio inflows continued despite investors remaining net sellers during the year.
September 1, 2026
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Current account deficit widened as merchandise trade deficit increased, notwithstanding stronger services receipts, remittances, and foreign direct investment inflows.
India's current account deficit widened in the first quarter of 2026-27 as the merchandise trade deficit increased. Higher net services receipts, increased personal transfer receipts and lower net primary-income outgo partly supported the external account. Financial-account movements included higher net foreign direct investment inflows, a shift in foreign portfolio investment from net inflow to net outflow, and lower net inflows through non-resident deposits and external commercial borrowings. Foreign exchange reserves declined on a balance-of-payments basis during the quarter.
September 1, 2026
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Technology-enabled tax compliance and enforcement supported higher commercial tax collections, while GST rate reductions moderated sectoral net GST growth.
Technology-enabled tax administration supported commercial tax and net GST collection growth in Andhra Pradesh during August 2026 and the cumulative period through August. AI-based analytics and scrutiny, IGST reversals, UPI-based enforcement, registration verification, Aadhaar authentication, digital payment enablement, predictive analytics and data sharing strengthened compliance, scrutiny and revenue mobilisation. Petroleum VAT, professional tax, liquor VAT and IGST settlement also increased, while GST rate reductions moderated net GST performance in specified product sectors.
September 1, 2026
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Windfall gains tax on petroleum exports rises for petrol and diesel while aviation turbine fuel levy is reduced.
Special additional excise duty and road and infrastructure cess on petroleum-product exports are revised with effect from 1 September 2026. The export duty on diesel is increased, the levy on aviation turbine fuel is marginally reduced, and a duty is imposed on petrol exports. Existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall-tax framework seeks to support domestic fuel availability and deter exporters from benefiting from domestic and international price differences.
September 1, 2026
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Automated Free Sale and Commerce Certificate issuance reduces manual scrutiny while preserving risk-based review for eligible exporters.
DGFT has enabled automated issuance of Free Sale and Commerce Certificates through its portal for eligible exporters of items not covered by the Drugs & Cosmetics Act, 1940. Applications satisfying prevailing framework and automated processing parameters may be issued without manual scrutiny. Applications requiring verification or not meeting those parameters may be routed for manual processing, while auto-approved applications may be flagged later for risk-based review. The mechanism seeks faster, more transparent and predictable processing while retaining necessary oversight.
September 1, 2026
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Five-day banking and equitable performance incentives drive planned nationwide bank union strike amid unresolved pension demands.
United Forum of Bank Unions has proposed nationwide strike action over delayed five-day banking, the performance-linked incentive framework, and unresolved pension demands. Five-day banking was agreed under the 12th Bipartite Settlement/9th Joint Note with extended Monday-to-Friday working hours, but remains pending for implementation. Unions challenge the incentive scheme for departing from a uniform, bank-performance-linked approach and for disproportionately benefiting senior officers. The dispute is under conciliation and pending before the Delhi High Court, while pension updation, a uniform dearness allowance formula, and an old pension scheme option remain unresolved.
September 1, 2026
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Equity market volatility intensified as higher crude prices, geopolitical tensions and tighter monetary expectations weakened domestic investor sentiment.
Indian equity markets closed marginally lower as higher crude oil prices, US-Iran tensions, and expectations of prolonged tight United States monetary policy weakened risk appetite. The phased Closing Auction Session contributed to a late recovery in the benchmark index. Rising crude prices and global bond yields triggered broad-based selling across several domestic sectors, while foreign institutional equity sales and weakness in overseas markets added to pressure despite stronger-than-expected domestic economic growth.
September 1, 2026
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GST revenue collections show higher gross and net receipts alongside increased refunds and state-level settlement data.
GST revenue collections for August 2026 recorded total gross GST revenue of Rs. 1,99,853 crore, reflecting 14.8% growth over August 2025. Total refunds were Rs. 31,795 crore, including domestic refunds and export IGST refunds processed through ICEGATE. After adjustment of refunds, total net GST revenue was Rs. 1,68,057 crore, representing 8.3% growth. SGST collections and the SGST component of IGST settlement were separately identified for States and Union Territories, with post-settlement SGST aggregating Rs. 95,531 crore.

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Customs & Trade

Market Trends Indicate a Turning Point for Bitcoin Mining Hardware in India

February 23, 2026

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In the last few years, the concept of a cryptocurrency miner India was mainly restricted to a select group of enthusiasts and early adopters. The situation is evolving as more investors, technologists as well as small-scale businesses are exploring the possibility of bitcoin mining india as part of a wider plan for digital assets. However the market data indicates that India's part of the mining hardware demands around the world has increased from a low beginning and is one of the fastest-growing segments of Asia. This change is driven by greater connectivity, less expensive hardware per terahash and the gradual transition from experimental installations to more professional power-aware home and data centre deployments.

In India, the Expanding Digital Infrastructure The digital infrastructure of India has grown rapidly, with data centers as well as fiber networks and cloud platforms growing across the major cities as well as the developing tech hubs. These upgrades are quietly supporting the crypto mining infrastructure in India due to the fact that solid connectivity and steady power are essential for any serious mining venture.

Private data-centres and government-backed constructions are also tied to larger infrastructure investments in India specifically in connectivity and power. As AI 5G, AI and cloud-based workloads increase and demand for planning, the planners have to consider the demand for power infrastructure and indirectly benefit miners who are able to occupy machines in modern locations where power quality and uptime are better than typical homes.

Are Bitcoin mining operations increasing in India? Yes. Although India is still a tiny percentage of global hashrate mining hardware revenue, mining hardware sales from the nation are increasing by double digits and India is expected to be among the fastest-growing markets for mining hardware in Asia in the coming years. It is not just confined to large farms. It can also be found in smaller powerful rigs, which are located in offices, homes and co-location racks.

Growing Demand for ASIC Mining Hardware As margins are tightening across the globe mining companies are becoming more cautious about their equipment and that is pushing Indian buyers to ASIC mining hardware instead of general-purpose GPUs. Analysts predict that the India bitcoin mining market is likely to nearly double in the period between 2023- 2030 with the bulk of this expansion tied to Bitcoin-focused equipment.

In this environment, India crypto hardware demand is shifting away from pure hashrate to reliability, efficiency as well as after-sales assistance. Buyers who are looking to buy bitcoin mining equipment india are now comparing joules-per-terahash warranties, and repairs in the local area, and not just price per unit, which is an indication of a market that is maturing.

What is the reason for ASIC hardware demand rising? ASICs provide a higher number of hashes per Watt than GPUs, and that is important in a nation where power prices could quickly wipe out thin mining margins. As newer generation chips boost efficiency and competition in the global market reduces the price per terahash unit, increasing the number of Indian mining companies are looking at ASICs as their only option to remain profitable through many difficulties.

Shift from GPU To ASIC Systems In the past there were a lot of small Indian establishments that relied on gaming cards due to their being easily sourced and sold. The window for this is closing now that competitiveness and network difficulties make older GPU equipment unaffordable for Bitcoin especially when you consider the noise and cooling in urban environments with lots of noise.

Even a small bitcoin miner that is built around an advanced ASIC will provide much greater performance and a better payback rate than a room filled with older GPUs. However, this doesn't necessarily mean GPUs disappear completely; however, specifically for Bitcoin in particular, their use is diminishing in the same way that ASICs are becoming the preferred option.

Supply Chain and Participation in the Domestic Market Globally the supply chain remains centered around a few manufacturers and suppliers, however India's position as a major electronic and semiconductor buyer is changing the way integrators and distributors are serving their local customers. The reports regarding the ASIC hardware market in India have shown an increase in imports of semi-custom and customized chips, and a growing interest of Indian design firms in providing ASIC designing and manufacturing solutions for specialized tasks, such as mining.

These trends don't mean India is going to suddenly produce cutting-edge mining chips, however, they do suggest greater local involvement in testing, logistics hosting, and the integration of mining equipment imported from abroad. This ecosystem supports makes it simpler for newcomers to use hardware without starting from scratch.

Snapshot Forces Shaping India's Mining Hardware A Turning Point Regulation, Electricity and Sustainability Growing demand for mining electricity in India is among the primary reasons that large-scale industrial farms are prone to disruption particularly in states with grid limitations or rely extensively on coal. Mining companies are moving to areas that offer better rates as well as solar-powered hybrid systems that decrease the dependence on grids over time.

On the political side and on the policy side, regulation of crypto mining India is in the process of evolving. Mining itself is not banned, but it sits inside broader tax, anti-money-laundering, and exchange-control frameworks rather than under a dedicated mining law. The ongoing discussions on regulatory clarity India crypto center on disclosures, flows across borders, and environmental reporting. These discussions may eventually be formalized to codify the best practices, rather than closing the doors to mining completely.

Is cryptocurrency mining allowed in India? As of the date of writing this article, the operation of mining equipment isn't explicitly prohibited in India However, miners must adhere to the tax laws, KYC requirements when converting currencies to fiat and any new disclosure requirements which regulators will introduce. Because the landscape is ever-changing and changing, many operators maintain their profile low and favor transparent accounting in order to minimize future risks of compliance.

What impact does mining have on the use of electricity? Mining is a constant and high-uptime burden on local grids. This can increase the cost of electricity and strain on peak-time systems if equipment isn't working properly or poorly cooling. If miners combine with efficient ASICs with off-peak energy usage or renewable energy sources, they are able to lower costs and reduce environmental impact as compared to older, energy-hungry rigs.

What Does This Mean for the future of Crypto Mining in India When you put these pieces together, India is shifting from a sporadic hobby community to an organized bitcoin mining industry India which is determined by efficiency measures as well as infrastructure quality and policies rather than speculation by itself. The majority of buyers view hardware as a capital investment for the long term that has to be in line with local tariffs, regulations and hosting rules.

If you're planning to be a crypto miner in India or to upgrade the current setup, this turning point will mean more research, but also improved tools. Platforms such as miningnow.com allow you to plug in hashrates, power consumption and tariffs to calculate real-time returns before committing equipment to a particular website. Bharat Miners is frequently cited by Indian miners as a reliable source of information in comparing models and understanding the impact of global trends on India's market place for high-end ASIC equipment in India. As the landscape develops those who can combine precise profit calculations with most suitable bitcoin miner selections will likely be the ones who are still operating smoothly throughout the next cycle.

(Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR

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