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    Release of Uniform Guideline for Compilation of Gross State Value Added (GSVA) Estimates with Base Year 2022-23
    Department of Financial Services’ Insurance Division Tops Grievance Redressal Assessment and Index (GRAI) Rankings in Group A Category for March 202...
    Suspected mastermind of Rs 3,200-crore fake firms, hawala network arrested in Kanpur
    India must boost fruit, vegetable exports to increase farmers' income: Shivraj Singh Chouhan
    Greaves Cotton Q4FY26 Delivers 22% Overall Growth with Double-digit Growth Across Businesses Driven by Execution Excellence and Strategic Momentum
    Delhi sees slight dip in economic offences, reports highest property losses among UTs: NCRB
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    Rupee gains 69 paise to close at 94.49 against US dollar
    Alpha Corp to invest Rs 900 cr to complete stalled projects in Delhi-NCR; relief for 3k customers
    Inflation Targeting in India: The Past, The Present and The Future - Speech by Dr. Poonam Gupta, Deputy Governor, Reserve Bank of India delivered at J...
    Cabinet approves three multitracking projects covering 19 Districts across the states of Madhya Pradesh, Rajasthan, Uttar Pradesh, Karnataka, Andhra P...
    Cabinet approves Ship Repair Facility at Vadinar, Gujarat
    Cabinet approves Fair and Remunerative Price of Rs.365/qtl for Sugarcane Farmers for season 2026-27
    Cabinet approves Emergency Credit Line Guarantee Scheme 5.0
    Department of Financial Services (DFS) Approves Viability Plan 2.0 for Regional Rural Banks (RRBs)
    Rupee surges 61 paise to close at 94.57 against US dollar
    Goods, services exports up 4.59 pc to USD 863.11 bn in FY26
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    The latest: Rubio says major military operations against Iran over
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May 7, 2026
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Gross State Domestic Product compilation is updated with a new base year to improve comparability, consistency and fiscal planning.
Adoption of a new base year of 2022-23 for National Accounts requires States and Union Territories to compile Gross State Domestic Product on the revised series so that regional estimates reflect the current economic structure and remain consistent with updated data sources, improved estimation practices and evolving international standards. The uniform guideline for compilation of Gross State Value Added is intended to standardize State-level estimation practices and improve consistency, reliability and comparability across Regional Accounts Statistics. Gross State Domestic Product remains central to fiscal planning, tax devolution, resource allocation and borrowing limit calculations.
May 7, 2026
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Grievance redressal performance under CPGRAMS improves through structured monitoring, timely disposal, and reduced pendency in public service delivery.
Grievance redressal performance under CPGRAMS is assessed through the GRAI, which measures ministries and departments on effectiveness and timeliness of complaint resolution. The Insurance Division of the Department of Financial Services ranked first in the Group A category for March 2026, while the Banking Division retained fifth position for the second consecutive month. A structured mechanism of daily monitoring, weekly review, and monthly scrutiny supports timely disposal, reduced pendency, and improved quality of resolution.
May 7, 2026
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Fake firms and forged identities allegedly used to route hawala-linked transactions, GST fraud and shell-company banking networks.
Alleged operation of a network of fake firms, forged identities and bank accounts was uncovered in connection with suspected hawala transactions, GST fraud and routing of large cash and electronic payments across multiple states. The alleged network was said to use Aadhaar, PAN and other documents of labourers, scrap workers, painters and daily wage earners to obtain GST registrations, open bank accounts and create shell companies, with multiple firms and accounts under scrutiny.
May 7, 2026
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Fruit and vegetable export expansion aims to raise farmers' income, improve quality, and strengthen processing infrastructure.
India's fruit and vegetable sector is being promoted for export expansion to raise farmers' income, generate employment and increase foreign exchange earnings. The focus is on increasing fruit production, improving quality and strengthening processing infrastructure, while bringing farmers, exporters, processors and institutions together to address shelf life, freight costs, cold storage, ripening chambers and transport-related issues.
May 7, 2026
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IPO disclosure and securities offering restrictions govern proposed equity issue, with SEBI filing and U.S. registration limits.
Greaves Electric Mobility Limited has proposed an initial public offering of its equity shares, subject to approvals and market conditions, and has filed a draft red herring prospectus with SEBI. The announcement states that it is not an offer or invitation to sell securities, that investors should refer to the prospectus and its risk factors, and that the equity shares are not registered under the U.S. Securities Act. The securities are offered only to qualified institutional buyers in private transactions and outside the United States under Regulation S, with no public offering in the United States.
May 6, 2026
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Economic offences show a marginal decline in Delhi as property losses remain highest among Union territories.
Economic offences in Delhi recorded a marginal decline in 2024, but the city continued to report the highest property losses among Union territories. Forgery, cheating and fraud formed the bulk of cases, followed by criminal breach of trust and counterfeiting. NCRB data also showed a large pipeline of pending and fresh cases, with investigations resulting in transfers, final reports, arrests and charge-sheets across multiple offence heads.
May 6, 2026
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Election commissioner appointments and heritage protection drew attention as the court examined lawmaking directions and restoration needs.
Regulation of the appointment process for the chief election commissioner and election commissioners came under consideration as the Supreme Court examined whether it can direct Parliament to enact a law governing the procedure for such appointments. The issue centred on the institutional question of whether judicial directions can be issued to require legislative action in an area touching the constitutional framework for election administration. Protection and restoration of heritage structures also figured prominently, with the Supreme Court stating that Mysuru's Devaraja Market and Lansdowne Building, both over a century old, should be protected and that necessary renovation and restoration work should be carried out.
May 6, 2026
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Rupee support through non-direct RBI intervention strengthens currency as crude eases and dollar demand remains a cap on gains.
The rupee appreciated against the US dollar as Brent crude prices eased and market sentiment improved on signs of possible de-escalation in West Asia. Traders linked the currency move to a weaker dollar, stronger domestic equities, and expectations that the Reserve Bank of India is supporting the currency through a non-direct intervention strategy rather than by directly deploying foreign exchange reserves. One proposed measure is to encourage state-run banks to raise foreign currency funds through bonds to generate fresh dollar inflows.
May 6, 2026
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Insolvency resolution framework restores stalled real estate projects and enables completion of three developments for customers.
Realty developer Alpha Corp Development Ltd. plans to invest nearly Rs 900 crore to complete three stalled housing and commercial projects in Greater Noida and Gurugram acquired through the insolvency resolution process. The projects, including two commercial developments and one residential development, are intended to benefit more than 3,000 existing customers. The company states that the Supreme Court restored its resolution plan and set aside the NCLAT order that had rejected it.
May 6, 2026
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Inflation targeting framework renewal retains headline CPI target, tolerance band, and MPC-led monetary policy transparency.
India's inflation targeting framework was renewed through March 2031, retaining the 4 per cent CPI inflation target with a +/-2 per cent tolerance band. Monetary policy remains with the Monetary Policy Committee, and the framework continues to rely on transparent communication through MPC resolutions, minutes, statements, press briefings, and the Monetary Policy Report. The consultation review broadly supported retaining headline CPI inflation, keeping the 4 per cent target, preserving the existing band, and rejecting a shift to pure range targeting.
May 6, 2026
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Railway multitracking projects approved to expand capacity, improve connectivity and strengthen freight movement across multiple states.
Cabinet approval was granted for three railway multitracking projects covering 19 districts across multiple states, with an estimated cost of Rs. 23,437 crore and completion targeted up to 2030-31. The projects comprise the Nagda-Mathura, Guntakal-Wadi and Burhwal-Sitapur third and fourth lines, and are intended to add about 901 km to the rail network. The capacity augmentation is aimed at improving mobility, operational efficiency, service reliability and congestion management, while supporting seamless movement of people, goods and services.
May 6, 2026
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Ship repair facility expansion at Vadinar to strengthen domestic capacity, reduce foreign yard dependence and improve port competitiveness.
Approval was granted for development of a state-of-the-art ship repair facility at Vadinar, Gujarat, as a brownfield project jointly implemented by Deendayal Port Authority and Cochin Shipyard Limited. The facility will include a 650-metre jetty, two floating dry docks, workshops and associated marine infrastructure, and is designed to serve large commercial and foreign-flagged vessels. The project is intended to fill a domestic capacity gap, enable repairs of vessels up to 300 metres within India, reduce dependence on foreign shipyards, improve turnaround times and strengthen repair capability on the western coast.
May 6, 2026
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Fair and Remunerative Price for sugarcane approved for the 2026-27 season with recovery-linked adjustments.
Fair and Remunerative Price (FRP) for sugarcane for Sugar Season 2026-27 has been approved at Rs.365 per quintal for a basic recovery rate of 10.25%, with a premium of Rs.3.56 per quintal for every 0.1% increase in recovery above 10.25% and a corresponding reduction for every 0.1% decrease in recovery. No deduction is to be made where recovery is below 9.5%, and the approved FRP applies to sugarcane purchases by sugar mills from 1 October 2026.
May 6, 2026
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Credit guarantee coverage scheme extends additional liquidity support to MSMEs, non-MSMEs, and airlines affected by West Asia disruption.
Emergency Credit Line Guarantee Scheme 5.0 provides credit guarantee coverage through NCGTC for additional credit support to eligible borrowers affected by the West Asia situation. The scheme grants 100% guarantee coverage for MSMEs and 90% for non-MSMEs and the airline sector, with nil guarantee fee. Additional credit is capped according to borrower category, and the guarantee cover remains co-terminous with the loan tenor.
May 6, 2026
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Regional Rural Bank viability framework strengthens performance monitoring, governance reform, and long-term financial sustainability across banks.
The Department of Financial Services has approved Viability Plan 2.0 for Regional Rural Banks as a revised three-year framework for 2025-26 to 2027-28. The plan institutionalizes performance monitoring, strengthens governance reforms, and supports continued oversight to improve financial sustainability and long-term competitiveness across all Regional Rural Banks. It comprises 30 performance parameters across operational excellence, asset quality, profitability, and growth, including capital adequacy, credit-deposit ratio, digital adoption, non-performing asset levels, recovery performance, profitability ratios, and implementation of Government of India schemes.
May 6, 2026
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Rupee support strategy gains attention as lower oil prices and weaker dollar ease pressure on the currency.
The rupee appreciated against the US dollar as Brent crude prices eased and market sentiment improved after signals of possible progress in negotiations with Iran and a temporary pause in the Strait of Hormuz escort operation. Forex traders indicated that the Reserve Bank of India is pursuing a non-direct support strategy to stabilise the rupee without drawing on forex reserves, including encouraging state-run banks to raise funds through foreign currency bonds.
May 6, 2026
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Services exports drive India's overall export growth as merchandise trade shows modest gains despite global uncertainty.
India's goods and services exports rose in 2025-26 to an all-time high, with merchandise exports showing modest growth and services exports increasing more sharply. The rise in services exports, driven by stronger global demand for IT, business solutions, and professional expertise, underscored the economy's resilience and its contribution to the total export basket.
May 6, 2026
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Startup ecosystem diversification drives innovation across food, design, compliance, education, IP trade and digital platforms in India.
India's startup ecosystem in 2026 is described as a diverse landscape of ventures spanning design, food, IP exchange, wellness, education, compliance, surveillance, gaming, real estate, digital platforms and social impact. The common focus is on solving real-world problems through scalable, future-ready models built on innovation, quality, sustainability, community enablement and purpose. The featured businesses include consumer brands, backend food production, IP trade infrastructure, agri-tourism, AI training, compliance advisory, premium manufacturing, lead generation, property discovery and child-focused medical support.
May 6, 2026
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Defensive Hormuz operations and nuclear pressure define the evolving US stance as conflict with Iran remains unresolved.
The United States said major military operations against Iran are concluded after the stated objectives were met, while treating recent clashes as defensive in nature. The reopening effort in the Strait of Hormuz was described as a way to protect commercial shipping and assist stranded civilian sailors, alongside demands that Iran abandon its nuclear ambitions and restore freedom of navigation through the waterway.
May 6, 2026
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India-US trade deal nears final closure as tariff changes prompt redrafting to protect trade interests.
India and the United States are in the final stage of negotiations on a bilateral trade agreement and are said to be very close to signing it, though one remaining issue still has to be resolved. The talks have continued for months, with the aim of reaching closure and moving ahead on other trade and economic matters. India is also seeking preferential access to the US market as part of the agreement.

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May 4, 2026

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New Delhi, May 4 (PTI) Following are the top stories at 1 pm: NATION DEL14 LD POLLS (11.12 AM)

Election trends: Saffron rise in east with BJP set to bag prized WB and Assam, Vijay’s TVK smashes through TN Kolkata/Chennai: The BJP was forging a possible victory path in West Bengal with leads in 109 seats against the ruling TMC’s 63 and surging ahead in Assam while actor-politician Vijay’s TVK was set for a stunning debut in Tamil Nadu, ahead in 103 seats, leaving the ruling DMK in number three position, according to trends on the Election Commission website.

DEL18 BJP-PM (12.40 PM)

PM Modi to visit BJP headquarters this evening after poll results; likely to address party workers New Delhi: Prime Minister Narendra Modi will visit the BJP headquarters here on Monday evening, as trends indicated a win for the party in West Bengal and Assam.

CAL72 WB-POLLS-4TH LD BHABANIPUR (12.25 PM)

Mamata consolidates lead by 16,706 votes over BJP's Suvendu in Bhabanipur Kolkata: West Bengal Chief Minister and TMC supremo Mamata Banerjee on Monday consolidated her lead over BJP challenger Suvendu Adhikari by 16,706 votes in the high-profile Bhabanipur constituency in south Kolkata after early jitters.

MDS69 KL-POLLS-UDF-CELEBRATION (12.33 PM)

Kerala polls: UDF surges ahead, jubilant scenes at Indira Bhavan Thiruvananthapuram: Congress-led UDF workers broke into euphoric celebrations at Indira Bhavan on Monday as early trends in the April 9 Assembly polls pointed to the front’s emphatic return to power in Kerala after a decade.

MDS68 TN-POLLS-BJP (12.33 PM)

BJP bigwigs trail behind Vijay's TVK, DMK in TN Chennai: BJP's prominent candidates, including state chief Nainar Nagenthran, former Governor Tamilisai Soundararajan and Union Minister L Murugan, are trailing behind the DMK and Vijay-led TVK candidates, respectively, in Tamil Nadu on Monday.

CAL61 WB-POLLS-VICTORY-RALLIES-LD BARRED (11.51 AM)

No victory rallies to be allowed on Monday after announcement of assembly poll results: Bengal CEO Kolkata: West Bengal Chief Electoral Officer Manoj Agarwal said no rallies celebrating the victory of candidates will be allowed in the state on Monday as the counting of votes for 293 assembly seats was underway.

BOM10 GJ-BYPOLL-LD TREND (11.58 AM)

Gujarat: BJP's Harshad Parmar establishes clear lead in Umreth assembly bypoll Anand (Gujarat): BJP candidate Harshadbhai Parmar maintained a decisive lead over Congress rival Bhrugurajsinh Chauhan in the Umreth assembly bypoll in Gujarat's Anand district, according to the latest counting trends on Monday.

BOM11 MH-BYPOLLS-SUNETRA PAWAR (12.15 PM)

Poised for win in Baramati bypoll, Sunetra Pawar urges supporters to avoid victory rallies Pune: Maharashtra Deputy Chief Minister Sunetra Pawar, who is heading towards a decisive win in the Baramati assembly bypoll, appealed to NCP workers and her supporters on Monday not to take out victory processions once the result is declared.

LEGAL LGD14 SC-REGISTRY-SUPER CJI (12.41 PM)

SC slams ‘nasty’ Registry for not issuing notice to ED, says officials think they are ‘super CJI’ New Delhi: In a rare and scathing rebuke of its own back-office, the Supreme Court on Monday lashed out at the apex court Registry, terming its conduct “nasty” and saying its officials think they are acting as “super Chief Justice of India”.

LGD8 SC-WB-CENTRAL FORCES (11.29 AM)

SC's no to urgent hearing of plea seeking continuance of CAPF in Bengal to curb post-poll violence New Delhi: The Supreme Court on Monday refused urgent hearing on a plea seeking continuance of central forces in West Bengal even after conclusion of polls to curb post-election violence, saying such decisions have to be taken by the political executive.

LGD12 SC-TRANSGENDER ACT (11.46 AM)

SC agrees to hear pleas against Transgender Persons (Protection of Rights) Amendment Act New Delhi: The Supreme Court on Monday sought responses from the Centre, all states and Union territories on a batch of pleas challenging the constitutional validity of the Transgender Persons (Protection of Rights) Amendment Act, 2026.

BUSINESS DEL16 BIZ-PMI-MANUFACTURING (12.13 PM)

India's mfg growth sees mild recovery in Apr, Iran war exerts upward pressure on inflation: PMI New Delhi: India's manufacturing sector activity witnessed mild recoveries in growth of new business intakes and production, but rates of increase were the second-weakest in nearly four years.

DEL15 BIZ-NCLAT-VEDANTA-ADANI (11.25 AM)

NCLAT dismisses Vedanta's appeal against selection of Adani group's bid for Jaiprakash Associates New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Monday dismissed the two petitions filed by Vedanta Ltd, where the mining group challenged the selection of Adani Enterprises' bid for debt-ridden Jaiprakash Associates Ltd (JAL).

FOREIGN FGN28 JAMAICA-JAISHANKAR-LD CRICKET (12.42 PM)

Cricket binds India, Jamaica in ties 'written in runs, respect, friendship': Jaishankar Kingston: Cricket serves as a bridge between India and Jamaica, fostering a relationship “written in runs, respect and friendship”, External Affairs Minister S Jaishankar said as he dedicated a digital scoreboard, gifted by New Delhi, to the Caribbean nation.

FGN22 PAK-HINDU-CIVIL SERVICE (11.35 AM)

2 men from minority Hindu community in Pakistan set to join federal civil service Islamabad: Two men from the minority Hindu community have qualified to join the federal civil service of Pakistan, where representation of such groups in government jobs is historically low. By Sajjad Hussain

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