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May 25, 2026
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Industrial park development framework sets out eligibility, funding, SPV governance, and monitoring for investment-ready infrastructure.
The BHAVYA Scheme sets out a Central Sector framework for developing investment-ready industrial parks through integrated infrastructure, eligibility criteria, project selection, funding, governance, monitoring, and implementation arrangements. It provides for 100 industrial parks over six years, beginning with a challenge-based selection of up to 50 parks, and covers greenfield and eligible brownfield projects. Implementation will use Special Purpose Vehicles, with financial assistance linked to land contribution and milestone achievement, supported by monitoring, reporting, and oversight mechanisms.
May 24, 2026
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Indo-US trade commitments draw criticism over import expansion, foreign exchange pressure, rupee depreciation, and policy communication concerns.
Political criticism focused on reported commitments in the Indo-US trade relationship, questioning why imports from the US were being expanded while citizens were urged to conserve foreign exchange. The commentary also warned that higher imports could pressure the rupee and argued that the trade arrangement had lost its logic after the US Supreme Court struck down the tariffs that formed its background. It further criticised the government for allowing major foreign policy and trade announcements to come from Washington rather than New Delhi.
May 24, 2026
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Bank staffer alleged theft and money laundering from currency chest through property purchases and cryptocurrency investments.
A public sector bank employee was arrested in connection with the alleged theft of cash from an RBI currency chest in Ahmedabad and the laundering of the stolen money through property purchases and cryptocurrency investments. The theft was allegedly carried out by concealing currency notes in iron boxes presented as scrap, with two contract labourers involved. Police registered an FIR, recovered part of the money, and said the accused used proceeds to buy property, a commercial vehicle and a shop, and to invest in cryptocurrency.
May 24, 2026
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Cheating allegations in export trade over green chillies, with claimed non-payment of sale proceeds and threats after demand.
Cheating allegations arose from an export transaction involving green chillies, where the accused allegedly took charge of the consignment, collected money towards purchase, transport, shipping and customs clearance, sold the goods in Dubai and failed to remit the proceeds due to the complainant's firm. The complaint also alleges that the accused threatened the complainant when payment was demanded. A case was registered under the Bharatiya Nyaya Sanhita, and investigation is in progress.
May 24, 2026
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Strategic partnership reset as India and the United States broaden talks on trade, energy security, visas and counterterrorism.
India and the United States held frank discussions to reset strained bilateral relations and deepen cooperation across trade, visas, energy security, cross-border terrorism, defence, critical minerals and high technology. The talks also covered regional and global developments, including the West Asia conflict, maritime commerce and supply-chain resilience, with both sides signalling continued engagement on strategic and economic issues. India articulated a five-point foreign policy approach stressing dialogue and diplomacy, safe and unimpeded maritime commerce, respect for international law, opposition to the weaponisation of market shares and resources, and support for trusted partnerships and resilient supply chains. The discussions further highlighted India's concerns on energy security, diversification of energy sources, stable energy markets and the need to keep energy prices low for global growth. The two sides also addressed visa and immigration policy changes, with India emphasising that legal mobility should not be adversely affected and the United States indicating that reform-related friction is part of a broader transition and is not targeted at India. Economic ties were reinforced by discussion of a prospective trade agreement, while counter-terrorism cooperation, counter-narcotics cooperation, extradition-related cooperation and coordination in international forums remained part of the wider strategic partnership.
May 24, 2026
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Trade agreement and strategic cooperation shape the US-India relationship amid efforts to rebalance global trade policy.
US and India are poised to finalise a trade agreement described as beneficial, enduring and sustainable, with both sides seeking arrangements that advance mutual interests and address their respective national interests. The discussions also covered wider bilateral cooperation in trade, critical minerals, energy and defence, against the backdrop of efforts to reset trade relations and rebalance US trade policy on a global basis rather than against any particular country.
May 24, 2026
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Indo-US trade commitments face criticism over import surge, foreign exchange pressure, and questions on foreign policy messaging.
Congress criticised the Prime Minister over a reported US claim that India has committed to purchasing large volumes of American goods over the next five years, focused on energy, technology and agriculture. The criticism questioned the reported Indo-US trade arrangement, its alleged concessions, and whether it should be renounced after the US Supreme Court struck down the tariffs that had formed its backdrop. It also raised concerns about foreign exchange pressure, rupee depreciation, and foreign policy announcements coming first from Washington.
May 24, 2026
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Trade negotiations advance as India and the United States move closer to an enduring bilateral agreement.
Trade negotiations between India and the United States are reported to be nearing a stage where a bilateral agreement may soon be finalised on terms described as enduring, beneficial and sustainable to both sides. The discussions are presented as part of a broader effort to advance mutual interests and improve overall bilateral relations, which are said to be on an upward trajectory. The talks covered cooperation in trade, critical minerals, energy and defence, and a US trade delegation is expected to visit India soon to take forward the proposed agreement.
May 24, 2026
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Competition law challenge to state liquor procurement practices fails for lack of evidence of abuse of dominant position.
Competition law challenge to a state-owned liquor procurement and distribution agency was rejected for want of concrete evidence of anti-competitive conduct. The tribunal accepted that no prima facie case of abuse of dominant position was made out, including no demonstrated harm or loss from alleged unilateral pricing, tender conditions, delayed payments, additional charges, or preference for state-owned brands. It also held that the pricing clause and differential discount structure were commercially justified and did not, on their face, distort market competition or consumer choice.
May 23, 2026
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Defence infrastructure priority leads to eviction order for Delhi Gymkhana Club premises and transfer of possession by June 5.
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May 23, 2026
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Fuel price hike and import dependence allegations raise concerns over inflation, consumer burden, and energy security.
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May 23, 2026
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Fuel price hikes and an undeclared financial emergency dominate criticism of the Centre's economic policies.
Economic policy criticism centred on repeated petrol and diesel price hikes, alleged fuel shortages, and their impact on tourism, taxi drivers, and apple growers. The minister accused the Centre of failed economic and foreign policies, said the country was nearing financial , and described the situation as an undeclared financial emergency linked to joblessness, privatisation, and pressure on dissent.
May 23, 2026
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Failed ATM transactions trigger bank liability for prompt reversal, delay compensation, and accountability under RBI norms.
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May 23, 2026
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May 23, 2026
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Illegal coaching and commercial misuse of industrial sheds triggers a crackdown on unauthorised premises use.
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May 23, 2026
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India-EU free trade deal may turn Estonia into a gateway for northern European market access and digital business growth.
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May 23, 2026
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May 23, 2026
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Trade compliance and market access drive India-Europe partnership discussions under next-generation free trade agreements.
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Customs & Trade

Electricity tariffs in Chhattisgarh hiked by 6.23 per cent, Congress calls it 'loot'

June 15, 2026

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Raipur, Jun 15 (PTI) The Chhattisgarh State Electricity Regulatory Commission (CSERC) on Monday approved an average increase of 6.23 per cent in electricity tariffs across all consumer categories from July 1, while retaining several concessions for women's self-help groups, hospitals, and tribal regions.

The opposition Congress criticised the move, accusing the BJP government of "looting" consumers.

The hike is significantly lower than the 24 per cent increase sought by the state power distribution company for the 2026-27 financial year, an official statement said.

The Commission said the revised tariff was approved to meet the estimated revenue requirement for the year.

While the distribution company had proposed an average cost of supply of Rs 8.40 per unit, the regulator approved Rs 7.13 per unit after detailed analysis. The average billing rate for 2026-27 has been estimated at Rs 6.71 per unit, which is 42 paise lower than the approved average cost of supply, it said.

Electricity tariffs for domestic consumers have been increased by 30-50 paise per unit, impacting around 60 lakh consumers in the state.

Rates for non-domestic consumers have been raised by 20-40 paise per unit, while tariffs for agricultural pump connections have gone up by 40 paise per unit.

The Commission retained a 10 per cent concession in energy charges for industrial and commercial activities operated by registered women's self-help groups.

Similar concessions have been retained for hospitals, nursing homes and diagnostic centres functioning in rural areas and in the Bastar and Surguja tribal development authority regions, it said.

A 25 per cent rebate on energy charges for mobile towers located in the Bastar and Surguja tribal authority regions has been continued. To encourage electric mobility, the tariff for electric vehicle charging stations has been fixed at Rs 7.13 per unit, equivalent to the approved average cost of supply.

The energy charge rebate for non-subsidised agricultural pump connections has been increased from 30 per cent to 40 per cent. Farmers will continue to be allowed to use up to 100 watts of power for lights and fans near agricultural pump installations, according to the statement.

The Commission also continued a 10 per cent concession in energy charges for poha and puffed rice mills under the LV-5 category.

The advance payment rebate has been reduced from 1.25 per cent to 0.75 per cent and will now be available only to consumers sourcing their entire electricity requirement from the distribution company.

The delayed payment surcharge has been revised from 1.5 per cent per month to 0.04 per cent per day, it said.

State Power Distribution Company Managing Director Bhim Singh Kanwar said the Chhattisgarh State Electricity Regulatory Commission, while announcing electricity rates for the year 2026-27, has kept many provisions providing relief to consumers intact.

He stated that beneficiaries of the M-URJA (Mukhyamantri Urja Rahat Jan Abhiyan) scheme would continue to receive relief, and the impact of the tariff hike on low-income households would remain limited.

Consumers using up to 400 units of electricity and availing the half-bill benefit on 200 units would see an average increase of only 15-20 paise per unit, he said.

Kanwar further said the tariff increase would not affect farmers because the additional burden on agricultural pump connections would be borne by the state government through subsidies.

He also claimed that power tariffs in Chhattisgarh remain lower than those in neighbouring states such as Jharkhand, Madhya Pradesh and Maharashtra.

Student hostels, both government-run and private, located in the Bastar and Surguja tribal development authority regions, would now be billed under the domestic category instead of the commercial category, providing additional relief, he said.

Consumers in domestic and non-domestic categories with sanctioned loads above 10 kilowatts will also receive a rebate of 20 paise per unit on electricity consumed during off-peak hours between 9 am and 5 pm, he added.

State Congress communication department chairman Sushil Anand Shukla alleged that the government's power department was "looting consumers in the name of electricity bills" and noted that this was the fifth tariff increase since the BJP came to power (in 2023).

"The government has increased rates for domestic, commercial and agricultural consumers. People have already been struggling with exorbitant electricity bills, and instead of providing relief, the government has increased tariffs," Shukla said.

He alleged that electricity bills have risen three to four times in recent months and claimed that consumers were receiving different online and offline bills.

He also accused the power utility of increasing contracted load capacities without consumer consent and imposing penalties based on higher loads linked to smart meter readings.

More than 45 lakh consumers received electricity bills in June that were nearly three times higher than normal, he claimed.

"People are bearing the brunt of inflated power bills and power cuts. The government is unable to provide round-the-clock electricity and is simultaneously sending arbitrary bills to consumers," he alleged. PTI TKP NSK

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