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    MSMEs are the true builders of India’s economic resilience: LG Sinha
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August 19, 2026
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MSME competitiveness requires affordable credit, technology adoption, formalisation, sustainable trade and stronger export-market access for inclusive growth.
MSME development is identified as central to employment generation, exports, entrepreneurship, economic resilience and self-reliance. Key priorities include affordable credit, technology upgradation, supply-chain integration, market access, brand-building and reduced red tape. Formalisation of micro industries is emphasised to expand institutional credit access, while sustainable trade is promoted through green technologies and renewable energy. Export competitiveness is to be strengthened through regional production capabilities and the "One District, One Export Hub" initiative.
August 19, 2026
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August 19, 2026
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Examination irregularities investigation examines alleged answer-sheet cheating, managed centres and suspected solver-gang involvement by a biometric operator.
Alleged examination irregularities involved suspected cheating through the receipt of an answer sheet by an examinee from personnel of a private firm conducting the examination. Police arrested a biometric operator following an investigation into his alleged involvement. His prior work with biometric firms and manpower supply agencies was examined in connection with clues concerning allegedly managed examination centres and a suspected solver gang.
August 19, 2026
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Trade restrictions on Iran halt commercial and financial exchanges as regional security threats disrupt maritime commerce and re-export access.
UAE trade restrictions on Iran halted all trade, commercial exchanges and financial transactions until further notice following reported ballistic-missile incidents and regional security escalation. The UAE assessed the missiles as directed at maritime traffic, while Iran denied launching them. The suspension disrupts the UAE's role as a major trade and re-export gateway for Iran and may increase Iran's economic isolation. Continuing threats to shipping through the Strait of Hormuz also create economic risk for the UAE's regional business, finance and tourism position.
August 19, 2026
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Inflation persistence and expectations guide continued rate hold amid supply shocks and uncertainty over broader price pressures.
Monetary policy calibration remains contingent on clearer evidence that supply-side price shocks are becoming persistent, broad-based inflationary pressures. The policy rate was maintained unchanged amid uncertainty from higher energy costs, supply-chain disruption, an erratic monsoon and food, fuel and input-price risks. Policy tightening may be required if inflation becomes generalised, expectations become de-anchored, or inflation persists. A wait-and-watch approach was preferred pending clearer realised inflation, forecasts, weather effects and global conditions.
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August 19, 2026
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August 19, 2026
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Closing auction session safeguards market transparency through pooled order matching, backed by immediate action against manipulation and stronger monitoring.
Closing auction session (CAS) improves transparency and reduces manipulation in end-of-trading price formation by pooling buy and sell orders during a designated closing window for auction-style matching. Manipulation intended to undermine CAS is subject to prompt and stringent action, supported by enhanced monitoring. Responsible use of artificial intelligence and machine learning requires tiered accountability and governance, including kill-switch, human-in-the-loop and data controls. Regulated entities remain responsible for privacy, security and integrity of investor data used by every AI tool they deploy.
August 19, 2026
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Foreign exchange market movement shows rupee pressure from elevated crude prices, moderated by reserves, intervention and FCNR(B) inflows.
Foreign exchange market movement saw the rupee depreciate marginally against the US dollar amid higher global crude oil prices, heightened West Asia tensions, a stronger dollar environment and weaker domestic equity markets. Central-bank intervention and foreign fund inflows provided support. Adequate foreign-exchange reserves and stronger-than-expected FCNR(B) scheme inflows were identified as factors limiting the scope for sharp depreciation.
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Public Sector Banks and Public Financial Institutions are urged to implement actionable strategies with clear ownership and realistic timelines. Youth banking engagement is to be strengthened through a focused campaign, a common digital access platform and physical outreach, supporting young customers' evolving financial needs. Priority sector lending requires granular monitoring, early identification of target gaps and productive credit flow to intended beneficiaries. Agriculture and horticulture value-chain financing may cover farmer producer organisations, storage, processing, logistics and market linkages, while credit card strategies include digital onboarding, cross-selling and RuPay-UPI integration.
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August 18, 2026
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Customs & Trade

India LPG flows continue as tanker crosses Hormuz, Iranian cargo reaches Mangalore

April 4, 2026

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New Delhi, Apr 4 (PTI) An Indian LPG tanker carrying roughly half a day's cooking gas supply has successfully crossed the war-hit Strait of Hormuz, while another vessel from Iran has reached the port of Mangalore, signalling continued fuel inflows despite regional disruptions.

"LPG vessel Green Sanvi has safely transited the Strait of Hormuz, carrying 46,650 tonnes of LPG cargo with 25 seafarers on board," a government statement giving an update on West Asia developments said Saturday.

Green Sanvi is the seventh Indian-flagged LPG tanker to have transited the strategic waterway, which has remained effectively shut since the US and Israel launched attacks on Iran on February 28 and Tehran's sweeping retaliation.

Separately, an LPG cargo from Iran has arrived at Mangalore and is being discharged, according to the statement.

This perhaps is the first purchase of Iranian energy in seven years.

"LPG vessel Sea Bird carrying around 44,000 tonnes of Iranian LPG berthed at Mangalore, India on April 2 and is currently discharging," the Ministry of Petroleum and Natural Gas said in a post on X.

The purchase follows United States last month waiving sanctions on Iranian oil 'Œand refined products temporarily to ease prices that have skyrocketed since the start of the Middle East conflict.

After the passage of Green Sanvi, 17 Indian flagged vessels remain stranded on the west side of the strait.

Earlier this week, two LPG carriers, BW TYR and BW ELM, carrying combined LPG cargo of about 94,000 tonnes have safely transited the region. While BW TYR reached Mumbai on March 31, BW ELM docked at New Mangalore on April 1.

Prior to that, four Indian-flagged LPG tankers had safely sailed through the strait. Pine Gas and Jag Vasant, carrying 92,612 tonnes of LPG, reached Indian ports between March 26 and March 28. MT Shivalik and MT Nanda Devi, carrying about 92,712 tonnes of LPG, had reached Mundra port in Gujarat on March 16 and Kandla port in the state on March 17, respectively.

For a country that relies on imports from the Gulf nations to meet as much as 60 per cent of its cooking gas needs, the arrivals will help ease the worst LPG shortage it is battling in decades. India consumed 33.15 million tonnes of LPG last year, with imports accounting for about 60 per cent of demand. As much as 90 per cent of those imports came from the Middle East.

The US and Israel attacks on Iran and Tehran's sweeping retaliation have all but halted shipping through the strait - the narrow shipping lane that is the conduit for oil and gas exports from Gulf countries to the world. Iran has, however, stated that "non-hostile vessels" may transit the waterway after coordinating with Iranian authorities.

Originally, there were 28 Indian-flagged vessels in the Strait of Hormuz when the war in West Asia broke. Of these, 24 were on the West side of the Strait and four on the East side. Seven vessels from the west side and two from east have managed to sail to safety.

Besides the seven LPG tankers, the Indian-flagged oil tanker Jag Laadki, with 80,886 tonnes of crude oil from the UAE, reached Mundra on March 18.

Another tanker, Jag Prakash, carrying gasoline from Oman to Africa, had previously safely crossed the strait and is en route to Tanzania.

LPG carriers Jag Vikram and Green Asha are still in the western Strait of Hormuz. One empty vessel is being filled with LPG.

The statement said all Indian seafarers in the Gulf region are safe and maritime operations remain unaffected, with no incidents involving Indian-flagged vessels reported in the past 24 hours.

The Ministry of Ports, Shipping and Waterways said it is closely monitoring shipping movements, port operations and the safety of Indian crews, while ensuring continuity of trade amid tensions in the region.

The 17 Indian-flagged vessels with about 460 Indian seafarers remain in the western Persian Gulf region and are being tracked by authorities, including the Directorate General of Shipping (DG Shipping), in coordination with ship owners and Indian missions, it said.

The DG Shipping control room, operating round-the-clock, has handled more than 5,000 calls and over 10,000 emails since activation, including 31 calls and 129 emails in the past 24 hours. Authorities have also facilitated the repatriation of over 1,320 Indian seafarers so far, including 190 on the last day.

Port operations across India remain normal with no congestion reported, with maritime boards across key coastal states confirming smooth functioning. PTI ANZ MR

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