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    Secretary, DFS Chairs review meeting on progress of Schemes of Financial Inclusion with Public Sector Banks (PSBs) and major Private Banks
    Chhattisgarh CM launches upgraded Seva Setu portal to expand digital access to govt services
    Court extends police custody of 4 TCS employees in male colleague's religious conversion case
    Our objective is to give houses to 22,000 homebuyers of ailing Unitech: SC
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    234 Homebuyers Get Relief as NCLT Approves Resolution Plan for Nirmal Lifestyle Mulund in INR 1,491 Cr. CIRP
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    Delhi court rejects I-PAC director Vinesh Chandel's plea for interim bail
    Homebuyers 'fraud': ED attaches Raheja Developers' assets worth over Rs 1,110 crore
    Pan masala: FSSAI moots replacing plastic packaging with eco-friendly materials
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April 30, 2026
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Financial inclusion drive pushes banks to expand rural access, strengthen digital reach, and serve marginalised communities.
Public and private banks were reviewed on progress under financial inclusion schemes such as PMJDY, PMJJBY, PMSBY, APY and PMMY, along with related livelihood and welfare programmes. The review emphasised expansion of branches in unbanked villages, deployment of banking correspondents, resolution of infrastructure and connectivity issues, and strengthening of digital banking with assisted and vernacular support for last-mile access.
April 29, 2026
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Digital citizen services expand through Seva Setu with AI, WhatsApp access, multilingual support, and stronger service accountability.
Digital citizen service delivery under the Public Service Guarantee Act has been expanded through the upgraded Seva Setu e-District portal, designed to provide transparent, efficient, and more accessible government services through a single digital platform. The portal integrates artificial intelligence, Aadhaar-based e-KYC, DigiLocker, e-Pramaan, UMANG, WhatsApp, treasury and e-challan services, DBT linkage, QR-based verification, cloud storage, digital signatures, real-time dashboards, and MIS reporting, with availability in 22 Indian languages to reduce technical barriers and improve citizen access.
April 29, 2026
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Police custody extension in religious conversion and sexual harassment allegations involving TCS employees and suspected financial links.
Police custody of four TCS employees was extended in connection with allegations arising from the religious conversion of a male colleague, while investigators examined the money trail and suspected international links. The accused were also charged with sexual harassment and with acts alleged to insult or wound religious feelings under the Bharatiya Nyaya Sanhita. The matter was being heard in camera, and separate judicial custody proceedings were noted in respect of one female accused.
April 29, 2026
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Homebuyers' rights in stalled Unitech projects remain central as the court seeks an amicable resolution and faster completion.
The Supreme Court emphasised that the central objective in the Unitech proceedings was to secure delivery of homes to about 22,000 homebuyers and sought suggestions from the Centre-appointed board, banks, financial institutions, homebuyers and land-owning agencies for an amicable resolution. The background included earlier exemption from RERA registration to facilitate release of stalled homebuyer loans, management control being taken over by the Government, and authority given to the board to raise funds, monetise assets and complete housing units.
April 29, 2026
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Persons with benchmark disabilities: public sector financial institutions must strengthen reservation, equal opportunity, and grievance redress mechanisms.
Reservation for Persons with Benchmark Disabilities in direct recruitment and promotion is to be implemented by public sector banks, insurance companies and other public sector financial institutions in line with Government of India instructions. Public sector financial institutions are also advised to hold periodic meetings with PwD Employees Welfare Associations, appoint a Chief Liaison Officer or Liaison Officer, adopt an Equal Opportunity Policy with board approval, and establish a Grievance Redressal Officer for PwD employees.
April 29, 2026
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Supply-side shock from West Asia conflict heightens inflation risks, while India's domestic resilience and policy buffers provide partial insulation.
West Asia conflict is described as a supply-side shock that raises inflation, trade and financial-flow risks, while India's domestic demand, policy buffers and resilient financial system provide partial insulation. The report says energy and fertiliser supply uncertainty, a possible below-normal monsoon and a weaker rupee may intensify cost-push inflation, though banking-sector stability remains strong and the Reserve Bank of India is expected to maintain liquidity support. It also outlines trade measures, including the RELIEF scheme, Advance Authorisation reforms, maritime insurance arrangements and port-related facilitation.
April 29, 2026
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Legal skilling and employability platform bridges classroom learning with courtroom practice through practical training modules.
Legal skilling and employability platform launched in Maharashtra through the Maha Bar Bench Conclave 2026, described as the State's first dedicated initiative to bridge academic legal education with practical courtroom training. The conclave featured structured training modules, hands-on practice sessions, and live participation by law students, with the stated aim of improving courtroom readiness, professional confidence, and access to practice-oriented legal learning.
April 29, 2026
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Resolution plan approval in real estate insolvency protects homebuyers and advances completion of a stalled project.
Approval of a resolution plan for Nirmal Lifestyle (Mulund) Private Limited in corporate insolvency proceedings enabled completion of a stalled real estate project and addressed claims linked to about 234 homebuyers associated with the related partnership firm and its residential project, Nirmal Olympia, at Mulund. The plan was submitted by Mantra Properties and Developers Private Limited and reportedly received unanimous approval of the Committee of Creditors.
April 29, 2026
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Energy management and sustainability certification define Sahajanand Medical Technologies' manufacturing approach, alongside an IPO disclosure and investor risk notice.
Sahajanand Medical Technologies obtained ISO 50001:2018 Energy Management System certification for its manufacturing facilities in Surat and Hyderabad, reflecting a structured approach to energy management, improved energy efficiency, environmental stewardship, and integration of sustainability into manufacturing operations. The company stated that its energy management framework supports monitoring and optimisation of energy consumption, solar-powered installations, proactive environmental management, and broader climate change mitigation efforts.
April 29, 2026
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Renewable energy expansion and climate leadership shape India's push for cleaner growth, efficiency, and global economic engagement.
India's climate policy and energy transition are presented as a combined framework of renewable energy expansion, structural power-sector reform, and international climate leadership. India is described as having achieved its renewable energy goals ahead of schedule, raised clean energy ambitions, and strengthened a unified national grid to improve transmission efficiency, lower power costs, and support large-scale renewable integration. The transition to LED lighting and broader efficiency measures are highlighted as examples of how data-driven policy and behavioural change can reduce energy use and emissions while remaining economically viable.
April 29, 2026
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Battery technology and low-carbon innovation drive CIBF 2026, highlighting energy storage, recycling and carbon footprint management.
Battery technology, energy storage and low-carbon innovation are the central themes of CIBF 2026, a large-scale international industry event in Shenzhen covering the battery value chain, advanced materials, intelligent manufacturing and circular recycling technologies. The accompanying forums address next-generation battery technology, electric aviation batteries, large-scale energy storage deployment and carbon footprint management, while highlighting green development through fuel cells, low-carbon manufacturing and recycling solutions.
April 29, 2026
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Bilateral trade cooperation deepens as India and Kenya expand market access, customs facilitation and local currency settlement talks.
Bilateral trade and economic cooperation between India and Kenya was reviewed and strengthened at the Joint Trade Committee meeting in Nairobi, with emphasis on trade diversification, market access and institutional engagement. The discussions covered trade facilitation through standardisation cooperation, exchange of pre-arrival customs information, and possible use of local currency settlement mechanisms, along with broader sectoral collaboration in engineering, pharmaceuticals, agriculture, renewable energy, digital public infrastructure, capacity building and education.
April 29, 2026
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Sports-related intellectual property fee waiver promotes innovation, eases registrations, and supports creators across the sports ecosystem.
All intellectual property registrations connected with sports, including trademarks, copyrights, patents, designs, traditional knowledge and geographical indications, were announced to be exempt from fees for three years with immediate effect. The initiative was presented as a special drive to promote innovation in the sports ecosystem, along with facilitation support under existing schemes to help innovators, students, artisans and other stakeholders file and secure IP rights.
April 29, 2026
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International taxation outreach highlights tax certainty, voluntary compliance, and guidance on new tax law, rules, forms, and APA issues.
International taxation outreach was conducted to familiarise stakeholders with the new Income-tax Act, 2025, the Income-tax Rules, 2026, and the new forms, with particular emphasis on international taxation, transfer pricing, and advance pricing agreements. The programme also highlighted simplified laws, trust-based governance, decriminalisation of several provisions, timely taxpayer services, and data-driven NUDGE campaigns to encourage voluntary compliance. The outreach included brochures on safe harbour, APA, foreign tax credit, and TRC, and a demonstration of the AI-powered chatbot "Kar Sathi" for taxpayer guidance.
April 29, 2026
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Fraudulent Input Tax Credit through bogus invoices led to detection of a GST evasion network and arrest of an accused.
Fraudulent availment and utilisation of Input Tax Credit through bogus invoices was detected in a GST evasion network involving a non-functional entity that passed fake ITC without actual supply of goods or services. Investigation also identified a smartphone trading entity as the principal beneficiary, and the son of its director was found to have knowingly availed and utilised fake ITC through paper transactions, attracting contravention of Section 16 and liability under Section 132 of the CGST Act, 2017.
April 28, 2026
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Agricultural trade and innovation partnerships drive Punjab's outreach on horticulture exports, crop diversification, and research collaboration.
Punjab's investment promotion outreach to the Netherlands and Finland focused on expanding cooperation in agriculture, horticulture, industrial investment, education, research exchange, technology transfer, and startup collaboration. Discussions included the possibility of importing roses from Punjab, developing export-quality flower production, and exploring joint projects in modern agricultural techniques, sustainable farming, and high-value crops. The outreach also identified opportunities for global partnerships in innovation and agricultural development, including a proposed research and development unit and an innovation hub in Mohali.
April 28, 2026
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Corporate guarantees as financial debt and limits on blocking roads for religious activities shape the latest legal developments.
Liabilities arising from corporate guarantees constitute financial debt under the Insolvency and Bankruptcy Code, and a consortium of banks led by SBI was recognised as financial creditors. Roads cannot be blocked in the name of religious activities; while a denomination has autonomy in the manner of worship, the government may interfere where a secular activity is affected.
April 28, 2026
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Interim bail under money-laundering law requires exceptional humanitarian grounds, not general hardship or chronic family illness.
Interim bail in offences under the Prevention of Money Laundering Act must rest on compelling, immediate and exceptional humanitarian circumstances. A plea based on the deteriorating medical condition of the accused's mother was rejected because the court found no sudden or life-threatening emergency, noted that dementia is a chronic condition, and held that the materials did not show an acute crisis requiring the accused's immediate presence. The court also found that other family members were available and that alternative care arrangements had not been shown to be impossible.
April 28, 2026
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Money-laundering probe over alleged homebuyer fraud leads to provisional attachment of Raheja Developers-linked assets.
Provisional attachment of immovable properties and related assets under the Prevention of Money Laundering Act was reported in a money-laundering investigation concerning alleged fraud against homebuyers by Raheja Developers and linked entities. The Enforcement Directorate stated that the case arose from FIRs alleging cheating of homebuyers and diversion of funds collected for residential projects. The agency alleged that project funds were routed through related entities and shell companies and used for purposes unrelated to the projects, while the company denied wrongdoing and attributed delays to missing infrastructure.
April 28, 2026
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Plastic-free packaging norms proposed for pan masala, gutkha and tobacco with eco-friendly material options.
Food safety packaging regulations are proposed to be amended to expand the range of suggestive packaging materials for pan masala by including naturally derived and eco-friendly options such as paper, paperboard, cellulose and similar materials. The draft amendment states that packaging for gutkha, pan masala and tobacco in all forms should be free from plastic, including vinyl acetate-maleic acid-vinyl chloride copolymer, and that plastic sachets should not be used for storing, packing or selling those products.

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Cabinet approves Minimum Support Prices (MSP) for Kharif Crops for Marketing Season 2026-27

May 13, 2026

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The Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Shri Narendra Modi has approved the increase in the Minimum Support Prices (MSP) for 14 Kharif Crops for Marketing Season 2026-27.

Government has increased the MSP of Kharif Crops for Marketing Season 2026-27, to ensure remunerative prices to the growers for their produce. The highest absolute increase in MSP over the previous year has been recommended for Sunflower Seed (₹ 622 per quintal) followed by Cotton (Rs. 557 per quintal), Nigerseed (Rs.515 per quintal) and Sesamum (Rs.500 per quintal).

Minimum Support Prices for all Kharif crops for Marketing Season 2026-27:

(Rs.per quintal)

S.

No

.

 

Crops

 

MSP 2026-27

 

Cost* KMS 2026-27

Margin over cost (%)

 

MSP

MS MSP Increase in 2026-27

 

 

Cereals

2025-

26

2013-

14

over 2025-26

over 2013-14

1.

Paddy

Common

2441

1627

50

2369

1310

72

1131

(86%)

 

Grade A^

2461

-

-

2389

1345

72

1116

(83%)

2.

Jowar

Hybrid

4023

2682

50

3699

1500

324

2523

(168%)

 

Maldandi

^

4073

-

-

3749

1520

324

2553

(168%)

3.

Bajra

2900

1858

56

2775

1250

125

1650

(132%)

4.

Ragi

5205

3470

50

4886

1500

319

3705

(247%)

5.

Maize

2410

1544

56

2400

1310

10

1100

(84%)

 

Pulses

6.

Tur /Arhar

8450

5496

54

8000

4300

450

4150

(97%)

7.

Moong

8780

5438

61

8768

4500

12

4280

(95%)

8.

Urad

8200

5418

51

7800

4300

400

3900

(91%)

 

Oilseeds

9.

Groundnut

7517

5011

50

7263

4000

254

3517

(88%)

10.

Sunflower Seed

8343

5562

50

7721

3700

622

4643

(125%)

11.

Soybean (Yellow)

5708

3805

50

5328

2560

380

3148

(123%)

12.

Sesamum

10346

6897

50

9846

4500

500

5846

(130%)

13.

Nigerseed

10052

6701

50

9537

3500

515

6552

(187%)

 

Commercial

 

 

 

 

 

 

 

14.

 

Cotton

(Medium Staple)

8267

5511

50

7710

3700

557

4567

(123%)

 

(Long Staple) ^

8667

-

-

8110

4000

557

4667

(117%)

*Refers to cost which includes all paid out costs such as those incurred on account of hired human labour, bullock labour/machine labour, rent paid for leased in land, expenses incurred on use of material inputs like seeds, fertilizers, manures, irrigation charges, depreciation on implements and farm buildings, interest on working capital, diesel/electricity for operation of pump sets etc., miscellaneous expenses and imputed value of family labour.

^ Cost data are not separately compiled for Paddy (Grade A), Jowar (Maldandi) and Cotton (Long staple)

The increase in MSP for Kharif Crops for Marketing Season 2026-27 is in line with the Union Budget 2018-19 announcement of fixing the MSP at a level of at least 1.5 times of the All-India weighted average cost of production, The expected margin to farmers over their cost of production are estimated to be highest in case of Moong (61%) followed by Bajra (56%), Maize (56%) and Tur/Arhar (54%). For rest of the crops, margin to farmers over their cost of production is estimated to be at 50%.

In the recent years, Government has been promoting the cultivation of crops, other than cereals such as pulses and oilseeds, and Nutri-cereals/ Shree Anna, by offering a higher MSP for these crops.

During the period 2014-15 to 2025-26, procurement of paddy was 8418 LMT while during the period 2004-05 to 2013-14, procurement of paddy was 4590 LMT.

During the period 2014-15 to 2025-26, procurement of 14 Kharif crops was 8746 LMT while during the period 2004-05 to 2013-14, procurement was 4679 LMT.

During the period 2014-15 to 2025-26, MSP amount paid to Paddy growing famers was Rs. 16.08 Lakh Crores while during the period 2004-05 to 2013-14, amount paid to farmers was Rs. 4.44 Lakh Crore.

During the period 2014-15 to 2025-26, the MSP amount paid to 14 Kharif crops growing famers was Rs. 18.99 Lakh Crores while during the period 2004-05 to 2013-14, MSP amount paid to farmers was Rs. 4.75 Lakh Crore.

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