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August 19, 2026
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Comprehensive strategic partnership drives ministerial and business engagements on investment, market access, technology collaboration, skills and agri-food trade.
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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 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.
August 19, 2026
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AI reliability engineering expands through an enterprise hub supporting AI assurance, agentic engineering, observability and trusted AI deployment.
QualityKiosk Technologies has established a Hyderabad engineering hub to expand AI reliability engineering, AI assurance and agentic engineering capabilities. The centre supports engineering, marketing, branding, analyst-relations and advisory functions, while serving enterprise demand for AI reliability, product engineering, CloudOps and automation. It advances an AI reliability operating framework covering AI for reliability, reliability of AI, agentic engineering, shift-right engineering, frontier-system reliability, observability and platform-based delivery to promote governance, resilience, operational trust and assurance in AI-powered systems.
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August 19, 2026
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Foreign exchange market conditions supported marginal rupee strength despite crude oil pressures, regional tensions and oil-company dollar demand.
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August 19, 2026
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Competition approval for Tata Steel's share acquisition restructures ownership of logistics joint venture following an existing partner's exit.
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August 19, 2026
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August 19, 2026
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India-Japan investment partnership prioritises technology, manufacturing and infrastructure collaboration, with Uttar Pradesh positioned for deeper Japanese commercial engagement.
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August 19, 2026
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Carbon border adjustment compliance requires reliable emissions data, reporting, accreditation and verification throughout exporters' supply chains.
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Port connectivity obligations shape Vizhinjam export-import operations, logistics integration, infrastructure acceleration, and scrutiny of prior stakeholder notification.
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August 18, 2026
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Public sector banking competitiveness requires distinct institutional strengths, early capability building and strategic support for economic growth priorities.
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August 18, 2026
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Youth-focused banking requires public sector banks to deliver personalised digital services, financial awareness, and responsible credit engagement.
Public sector banks are urged to implement sustained youth-focused banking through campus outreach, simple personalised round-the-clock services, dedicated youth support and financial awareness. Engagement should develop long-term relationships beyond account opening while preserving prudential standards. Youth should receive guidance on the formal credit ecosystem, including credit scores, credit history, bank credit products and government credit schemes, to support responsible credit discipline and future financial needs. A dedicated portal may provide a single access point for banking awareness and suitable financial opportunities.
August 18, 2026
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Taxpayer service improvement and litigation reduction guide administrative planning for stronger infrastructure, systems, coordination and future tax department functioning.
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August 18, 2026
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Duty-free UK market access strengthens export opportunities for Indian goods and services, supporting MSMEs, agriculture, manufacturing and global value-chain participation.
India-UK Comprehensive Economic and Trade Agreement provides duty-free access to the UK market for nearly all Indian exports and may improve the competitiveness of Haryana's manufacturing, agricultural, MSME and services sectors. Preferential access covers products including textiles, engineering goods, auto parts, processed foods and pharmaceuticals, while agricultural exports remain subject to exceptions for sensitive products. The agreement also provides market access across 137 UK services sub-sectors, supporting IT, digital, professional, financial and technical services and facilitating global value-chain participation.
August 18, 2026
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Youth banking outreach promotes campus engagement, financial awareness, responsible credit discipline and long-term access to formal banking services.
Public sector banks are urged to conduct a month-long "Banking for Youth" outreach campaign from 2 October 2026 for persons above 16 years of age. Outreach through educational and skill-development campuses should combine account opening, financial awareness and direct engagement. Banks should develop tailored youth strategies to build long-term banking relationships. Proposed measures include online learning content, lifestyle-linked benefits, dedicated youth banking support, and awareness of credit scores, credit products and government credit schemes. A dedicated youth banking-awareness portal may serve as a single access point for appropriate banking services and financial opportunities.
August 18, 2026
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Competition approval for Prudential's acquisition of equity shareholding in an Indian life insurer supports the proposed insurance-sector combination.
Competition approval has been granted for Prudential Corporation Holdings Limited to acquire certain equity shareholding in Bharti Life Insurance Company Limited. The acquirer is the holding company for its group's insurance and asset-management operations in Asia and supports operations in Asia and Africa. The target is an IRDAI-licensed Indian life insurer.
August 18, 2026
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Foreign remittance certification due diligence faces nationwide verification targeting shell entities, their controllers, and certifying professionals.
Nationwide verification of suspicious outward foreign remittances targets entities with little or no reported business activity, their controllers, and professionals issuing tax determination certificates. Scrutiny concerns remittances disproportionate to reported turnover, inconsistent with stated purposes, or linked to entities not operating from declared addresses. Form 15CB, or Form 146 under the corresponding framework, requires certifying accountants to assess taxability from books of account and relevant records, supporting tax deduction at source and treaty compliance through due care, diligence and professional judgment.

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News and Press Release

PERIODIC LABOUR FORCE SURVEY (PLFS) MONTHLY BULLETIN - June, 2026

July 16, 2026

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Overall LFPR, WPR and UR remained unchanged

Urban LFPR and WPR improved marginally

Rural UR softened slightly

Snapshot:

  • Overall LFPR (15+ years) recorded as 54.4% in June, 2026, unchanged from May, 2026 and marginally higher than 54.2% recorded in June, 2025.
  • Female LFPR (15+ years) observed at 32.7% in June, 2026 against 32.8% in May, 2026, remaining 0.7 percentage points above its level in the corresponding month of the previous year (32.0%).
  • Overall WPR (15+ years) remained unchanged at 51.4% in June 2026, compared to previous month and registered an increase of 0.2 percentage points over June, 2025 (51.2%).
  • Male WPR (15+ years) increased from 72.5% in May, 2026 to 72.9% in June, 2026, showing broad stability as compared to June, 2025 (72.8%).
  • Overall UR (15+ years) remained stable in June, 2026 at 5.5% compared to previous month as well as previous year (5.6%).
  • Following a continuous rise from February, 2026 onwards, the rural male UR (15+ years) recorded a decline in June 2026 and remained below the level recorded in the corresponding month of the previous year. 

A. Introduction

The Periodic Labour Force Survey (PLFS) conducted by NSO, MoSPI, is the primary source of data on activity participation and employment and unemployment conditions of the population. The PLFS survey methodology has been modified from January, 2025 to provide monthly and quarterly estimates of labour force indicators for the country.

Monthly results of PLFS are released in the form of Monthly Bulletins. It presents estimates of key labour market indicators viz. Labour Force Participation Rate (LFPR), Worker Population Ratio (WPR) and Unemployment Rate (UR) at the all-India level following the Current Weekly Status (CWS) approach.

The Monthly Bulletins for April, 2025 to May, 2026 have already been released. The present Monthly Bulletin for June, 2026 is the fifteenth in the series.

Key findings for persons of age 15 years and above following CWS:

  • Urban Labour Force Participation Rate (LFPR) increased marginally:

The overall Labour Force Participation Rate (LFPR) for persons aged 15 years and above stood at 54.4% in June, 2026, remaining at the same level as in May, 2026. In rural areas, the LFPR estimated at 56.6%, unchanged from the level recorded in the previous month, whereas urban areas registered a modest improvement, with the LFPR rising to 50.1% in June, 2026 from 49.8% in May, 2026.

The overall LFPR in June, 2026 registered a modest increase of 0.2 percentage points compared to June, 2025. Rural LFPR also recorded a notable rise of 0.5 percentage points over the same period, while the urban LFPR experienced a decrease of 0.3 percentage points.

Urban LFPR experienced marginal increase to 50.1% in June, 2026, from 49.8% in May, 2026

  • Female labour force participation remained stable:

The overall female Labour Force Participation Rate (LFPR) for persons aged 15 years and above stood at 32.7% in June, 2026 compared to 32.8% in May, 2026. In rural areas, female LFPR remained broadly stable at 36.6% in June, 2026 against 36.7% May, 2026. Female LFPR in urban areas maintained the same level at 24.8% in June, 2026 as compared to the previous month.

The overall female Labour Force Participation Rate (LFPR) for persons aged 15 years and above stood at 32.7% in June, 2026, marking an increase of 0.7 percentage points over June, 2025 (32.0%). In rural areas, female LFPR rose to 36.6% in June, 2026, higher by 1.4 percentage points compared to 35.2% in June, 2025. In urban areas, female LFPR moderated slightly to 24.8% in June, 2026, as against 25.2% in June, 2025, reflecting a decline of 0.4 percentage points.

Overall female LFPR remained stable compared to the previous month and was higher than its level observed a year earlier

  • WPR largely unchanged:

The overall Worker Population Ratio (WPR) for persons aged 15 years and above remained stable at 51.4% in June, 2026, the same level as in May, 2026. In rural areas, WPR also held steady at 53.8%, unchanged from the previous month, while it showed a marginal improvement in urban areas, rising to 46.8% in June, 2026 from 46.6% in May, 2026.

The overall WPR registered a slight increase of 0.2 percentage points, over the year. In rural areas, WPR recorded a gain of 0.5 percentage points, moving from 53.3% in June, 2025 to 53.8% in June, 2026, while, the urban WPR remained unchanged over the same period.

The male WPR improved in June, 2026 relative to both the previous month and the same month a year earlier

  • Unemployment Rate (UR) at the same level:

The overall Unemployment Rate (UR) remained unchanged in June, 2026 at 5.5% compared to May, 2026. During the same period, the rural UR eased marginally from 5.1% to 5.0%, while the urban UR increased slightly from 6.4% to 6.6%.

On a year-on-year basis, the urban UR declined from 7.1% in June, 2025 to 6.6% in June, 2026, a reduction of 0.5 percentage points. The overall UR and rural UR remained broadly stable over the same period.

Overall UR remained unchanged in June, 2026

At the all-India level, the monthly estimates are based on information collected from a total number of 3,72,852 persons surveyed.

persons surveyed in rural areas

2,12,390

persons surveyed in urban areas

1,60,462

 

The Monthly Bulletin for June, 2026 is available on the Ministry's website (https://www.mospi.gov.in).

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Acts Income Tax