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    Government Strengthens Financial Inclusion Ecosystem Through Flagship Schemes
    Tripura CM declares 5 pc DA hike for govt employees
    India's exports to US fall 13 pc in Feb; trade gap with China crosses USD 100 bn
    City gas firms push piped cooking gas with incentives amid LPG supply worries
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March 16, 2026
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Financial inclusion expanded through flagship schemes broadening access to banking, insurance, pensions and credit for underserved groups.
The central effort advances financial inclusion via flagship schemes that expand access to banking, insurance, pensions and collateral free credit for underserved households and micro enterprises, leveraging the JAM (Jan Dhan Aadhaar Mobile) digital pipeline to deliver welfare benefits through Direct Benefit Transfer.
March 16, 2026
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Dearness allowance increase raises state allowance level effective April for government employees and pensioners with fiscal implications.
Tripura raised state dearness allowance to 41 per cent for government employees and pensioners, effective April 1, covering 1,02,563 regular employees and 81,019 pensioners, with an estimated additional recurring annual cost of about Rs 500 crore; the move aims to narrow the gap with central DA levels and was announced by the Chief Minister immediately after the finance minister's budget speech.
March 16, 2026
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Tariff measures on Indian goods altered bilateral flows, reducing exports to the US while imports and trade deficits expanded.
India's merchandise exports to the United States contracted in February amid elevated US tariff measures on Indian goods, while US imports into India rose; a subsequent change in US duties is expected to affect future monthly data. Over the 11-month fiscal period, imports from China surged faster than exports, driving a substantial bilateral trade deficit. The notice also records country-specific import and export movements, including a marked increase in imports from Switzerland driven by gold.
March 16, 2026
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Promotion of piped natural gas to relieve LPG supply pressure, with regulatory guidance and incentives to switch.
City gas distributors and the petroleum ministry are promoting conversion from LPG to piped natural gas through incentives and regulator guidance; CGD companies are to deploy additional resources and expedite connections via customer portals, call centres or other channels where pipelines exist, while the ministry urges online bookings, voluntary surrender of LPG where consumers have PNG, and state enforcement against hoarding and black marketing to manage LPG supply pressure.
March 16, 2026
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Trade Balance narrows as merchandise exports dip amid geopolitical disruptions and surge in gold imports, now affecting shipments.
Merchandise exports declined 0.81% to USD 36.61 billion in February while the trade deficit narrowed to USD 27.1 billion month on month. Imports rose sharply-led by gold, silver, and oil-contributing to a wider year on year gap. Geopolitical conflict in West Asia has disrupted maritime and air logistics, raising freight and insurance costs and expected to suppress March exports. The government is consulting exporters to mitigate impacts, and a prospective bilateral trade pact awaits a new tariff architecture.
March 16, 2026
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Tax Liability Breakup confirmation required in GSTR 3B: confirm or edit auto populated breakup to proceed with filing.
From February 2026 the portal auto populates the Tax Liability Breakup in GSTR 3B for supplies dated to previous tax periods when tax is paid in the current period; taxpayers must open the payment page tab, confirm or edit and save that breakup after offsetting liability, and only then proceed with filing using EVC or DSC, with the current confirmation requirement being applied in all cases pending portal resolution.
March 16, 2026
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Wholesale price inflation set to rise as crude oil surge pushes wholesale costs higher, affecting manufacturing and non-food goods.
Wholesale price inflation rose to 2.13% in February 2026, led by higher prices in food and non-food articles and an uptick in manufactured goods; fuel and power deflation narrowed as global oil prices increased. Analysts warn that persistent crude oil price rises from geopolitical conflict will transmit more to WPI than retail CPI, likely pushing wholesale inflation higher in subsequent months. The report identifies basic metals, textiles and other manufacturing segments as contributors and stresses supply-chain, logistics and domestic manufacturing measures to contain cost-push pressures.
March 16, 2026
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Tariff architecture uncertainty delays signing of interim trade agreement until US restores a stable global tariff framework.
The interim India-US trade framework remains unsigned pending establishment of a new US global tariff architecture; the previously agreed preferential tariff of 18 per cent for India is contingent on how the US restructures tariffs after a Supreme Court decision altered the prior emergency tariff regime. Negotiators have postponed final legalisation to ensure India's comparative advantage is preserved and to resolve outstanding non tariff and national security tariff issues before signing.
March 16, 2026
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Base year revision of industrial production index to update methodology and weights, release planned soon.
Revision of the Index of Industrial Production base year involves updating the item basket, item weights, data sources, and factory list, and proposes adoption of a chain-linked approach to better capture emerging sectors and changes in industrial composition. A Technical Advisory Committee (TAC-IIP) will advise on methodological improvements, and the Ministry plans to release the revised IIP series under the new methodology in the near term.
March 16, 2026
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Cooperative sector survey to estimate GVA and employment, collecting financial and labour data across cooperatives.
The National Statistics Office will use the National Cooperative Database to survey primary cooperatives, their federations and multistate societies across major sectors to estimate GVA/GVO and employment, collecting financial, tax, subsidy, distributive expense, depreciation and labour cost data for FY 2020 21 and FY 2023 24, while banking cooperatives will supply only employment data.
March 16, 2026
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Project monitoring threshold revised; mandated projects are monitored via integrated portals with automated API data flows.
The Ministry released updated CPI and GDP series and will release a revised IIP series; NIC-2025 aligns with ISIC Revision 5. Under the Allocation of Business Rules, 1961, the Ministry monitors projects above the prescribed cost threshold using the PAIMANA portal, integrated with IPMP; line ministries and implementing agencies must update IPMP, and data are fetched into PAIMANA via APIs for online monitoring.
March 16, 2026
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Base year revision of GDP and statistical modernisation enables nowcasting and real-time economic monitoring for policy guidance.
Revision of the GDP base year to 2022-23 integrates new data sources, NIC-2025 classification, and methodological improvements to improve national accounts measurement; the IIP series and price indices have been modernized (CAPI for CPI and secure online WPI transmission) and a nowcasting framework using high-frequency indicators and data dashboards provides near real-time assessments of economic activity for policy support.
March 16, 2026
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Statistical data accountability strengthened through digital collection platforms and harmonised standards for reliable public dissemination.
MoSPI strengthened statistical data accountability by deploying digital collection tools-CAPI integrated with e SIGMA, AI enabled chatbots and multilingual interfaces-with in built validation for real time submission and automated checks. Measures include physical scrutiny by senior officers, regular training, state/UT capacity building under the Support for Statistical Strengthening sub scheme, and improved dissemination via an Advance Release Calendar, revamped portals and API exchange. Alignment with international and national standards is reflected in adoption of the United Nations Fundamental Principles of Official Statistics, the Statistical Quality Assessment Framework, harmonised classifications, and circulation of a National MetaData Structure to enhance clarity and discoverability.
March 16, 2026
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Digital data dissemination: GoIStats app provides selected socio economic indicators on the go with standalone platform policy and feedback.
The GoIStats mobile application serves as a digital data dissemination channel providing selected socio economic indicators and visualisations from nine statistical products and 178 infographics, with ongoing dataset onboarding, active user engagement metrics and an inbuilt feedback mechanism; there is no proposal to integrate the app with other national data platforms at this stage.
March 16, 2026
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RBI intervention follows sharp rupee depreciation amid oil-driven trade pressures and foreign fund outflows to stabilise markets.
The rupee weakened to a record low against the US dollar amid high crude prices, sustained foreign portfolio outflows and a widening merchandise trade deficit; the Reserve Bank of India intervened in FX markets to stabilise the currency and limit excessive volatility, while market participants noted domestic equity recovery and imminent international monetary policy decisions as key near term influences on USD INR dynamics.
March 16, 2026
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Brand marketing strategy: Bleevo marks first anniversary, emphasizing pan-India expansion, creative talent, and integrated branding services.
Bleevo marks its first anniversary as a women-led Out-of-Home and integrated marketing agency from Chennai, focused on pan-India expansion and offering full-service branding, outdoor advertising, public relations, performance marketing, and brand experiences. The agency emphasizes a people-first approach, a young predominantly female team, and guiding clients through discovery to translate brand essence into design, strategy, and storytelling while building nationwide recall.
March 16, 2026
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Money laundering probe leads to arrest of food company promoter over alleged dairy product adulteration and forged export test reports.
Enforcement alleges the company manufactured and distributed adulterated dairy products by substituting milk fat with palm oil and other chemicals, supplied domestically and exported. Investigators allege multiple forged laboratory test reports were submitted to obtain export clearances while laboratories deny issuing them. The probe, which follows a local police complaint, targets proceeds from these activities as money laundering and has resulted in custodial remand of the company's principal for further PMLA investigative measures.
March 16, 2026
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LPG supply prioritisation and PNG conversion policy secures fuel availability while imposing sectoral allocation controls.
Gujarat expanded LPG distribution and prioritised PNG connections, directing district collectors to coordinate with city gas distribution companies to encourage LPG-to-PNG conversion and facilitate new PNG connections for domestic and commercial users, while maintaining rising buffer stocks and sectoral LPG allocation rules where PNG is unavailable.
March 16, 2026
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Digital inclusive finance recognition: WeBank's AI driven model advances accessibility and SME credit access across regions.
WeBank won four awards recognising its digital inclusive finance model and customer accessibility initiatives, retaining regional digital bank titles and adding awards for SME banking and a sign language service. The bank's AI native strategy strengthens infrastructure, toolchains, applications, governance and organisational design to integrate AI across business scenarios, deploying numerous AI applications and agents to enhance efficiency, risk management and customer experience. Its digital lending product Weiyedai and the Weilidai sign language service expand timely credit access for micro and small enterprises and provide accessible service for customers with hearing impairments.
March 16, 2026
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Trade deficit widens as merchandise exports dip and imports surge, signalling supply-chain and geopolitical risks to trade.
Merchandise exports fell marginally in February while imports rose sharply, producing a monthly trade deficit; year to date exports rose modestly but imports grew faster. The Commerce Secretary warns of expected export softness in March due to logistical disruptions from the West Asia crisis, with trade-route interruptions, notably in the Strait of Hormuz, cited as the principal constraint on outbound shipments.

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Customs & Trade

How Energy Star Ratings Affect the Price of Window Air Conditioners

March 25, 2026

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Energy-efficient home cooling has become increasingly important as households try to manage electricity expenses without compromising comfort. Among the many ways to evaluate an AC, the Energy Star label remains one of the clearest indicators of long-term savings and environmental performance. Yet, few buyers understand how these ratings directly influence the price of a window air conditioner. Understanding what level of efficiency is ideal for practical use, and how costs compare to other alternatives is vital.

This blog explains how Energy Star ratings work, why they matter, and how they affect both the upfront investment and lifetime ownership cost of window ACs.

What Energy Star Ratings Really Mean Energy Star ratings are awarded to air conditioners that meet strict energy-efficiency standards defined by the Bureau of Energy Efficiency (BEE). These ratings, given in stars, represent how much cooling an AC can deliver per unit of electricity consumed.

• More stars mean higher efficiency.

• Higher efficiency means lower electricity bills.

• Lower energy waste means better environmental performance.

A higher-rated AC typically uses advanced components such as high-density air filters, blue fin coating for heat-exchange efficiency, improved airflow systems, and smart, eco-friendly modes. These enhancements improve performance and can significantly affect the window air conditioner price.

How Energy Star Ratings Affect the Upfront Price Energy Star ratings often increase upfront costs because higher-rated window ACs are built with more efficient components, smarter controls, and tighter performance standards. This section explains what drives that initial premium and how it connects to real-world cooling and power use.

Higher-rated ACs Use More Advanced Components A 3-Star or 5-Star window AC includes components engineered for optimized energy use. These may include: • High-density Filter for improved air purification • 100% copper tubing with Inner Grooved Tube (IGT) for better thermal conductivity • Blue fin or hydrophilic coating to reduce corrosion and enhance cooling efficiency • Turbo cooling operations that maintain efficiency even at higher fan speeds These features naturally raise the price of a window air conditioner because they cost more to produce.

Enhanced Power Management Systems Energy-efficient units often include: • Auto Drain • Self-diagnosis and Memory Function • Timer On/Off • Multiple Fan Speeds • Auto Restart Protection The combination of smart features improves ease of use while ensuring minimal energy loss, but it also increases manufacturing costs. This pushes up the price of a window air conditioner compared to non-rated or lower-rated models.

Better Motors and Compressors Higher Energy Star ratings require motors that work more efficiently. These motors: • Maintain airflow without drawing excess power • Reduce heat buildup • Support modes like Turbo, Sleep, Dry, and Fan modes • Enable quieter, long-lasting performance.

As a result, the price of a window air conditioner with a better motor will naturally be higher.

Impact of Energy Star Ratings on Long-term Operating Cost Even though a higher star rating increases the upfront price of a window air conditioner, the long-term savings can be substantial.

• Lower Monthly Electricity Bills Consider a window AC with 1525W power consumption and a 3-Star BEE rating. A similar 1-Star AC might consume more power. Over a full summer, the energy savings can be significant.

• Better Durability and Lower Maintenance High-efficiency ACs often use corrosion-resistant technologies such as blue fin coating. This improves heat transfer and protects the coils, extending AC life and reducing repairs.

• Reduced Wear and Tear Efficient systems cool faster, so they operate under lower strain. Less strain means longer lifespan.

When you factor in these benefits, the price of a window air conditioner with a higher Energy Star rating becomes justified.

How to Choose the Right Star Rating for Your Home When deciding how star ratings influence the price of a window air conditioner, consider: 1. Usage Patterns If your AC runs daily for long hours, a 3-Star or higher rating helps control power bills over time. For occasional use, a 2-Star model can balance comfort with reasonable upfront costs.

2. Room Size Window ACs suit small to medium rooms where cooling demand stays predictable. In larger spaces, efficiency drops faster, so sizing correctly matters to avoid higher running costs and uneven cooling.

3. Budget vs. Long-term Savings A lower star rating can reduce the initial spend, but it may raise monthly electricity costs. Higher-rated models cost more upfront yet often deliver better payback through lower consumption and longer durability.

4. Electricity Tariffs in Your Region In areas with higher electricity tariffs, efficient ACs deliver stronger savings because every unit of power costs more. Higher star ratings help cut usage, making your operating expenses easier to manage.

Beyond star ratings, you can choose other models based on room size, noise preference, installation limits, and maintenance needs. If you want quieter cooling and premium efficiency, a split air conditioner 1.5 ton can be a strong alternative. Compare features, service support, and operating costs before finalising.

Buy Smarter Today, Spend Less All Season Choosing a higher star rating is ultimately a decision about long-term comfort and cost control, not just the sticker tag. When you evaluate the price of a window air conditioner, treat energy efficiency as an investment that can protect you from rising power bills and performance drop-offs over time.

Compare star ratings alongside real-use factors like room size, daily runtime, and local electricity tariffs, then shortlist models that match your routine without overpaying for capacity you will not use.

Electronic brands such as Kelvinator offer multiple efficiency tiers, so you can pick the right balance of upfront spend, dependable cooling, and ownership value.

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

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