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RelevanceDefaultDate
    July 22, 2026
    US to unveil final action on Sec 301 investigation on Thursday: USTR Greer
    July 22, 2026
    Lokayukta police unearth Rs 17 crore assets of power firm official, relatives
    July 22, 2026
    Maharashtra govt releases 'representative' list of 533 beneficiaries of farm loan waiver scheme
    July 22, 2026
    India exports 12.5 tons of Dashehari, Langra mangoes from UP to Dubai via sea route
    July 22, 2026
    Finacle 10.2.25 software will make banking services faster and more transparent: Himachal CM
    July 22, 2026
    Return of foreign investments shows revival of confidence in economy: RBI Bulletin
    July 22, 2026
    India-US trade deal is almost complete: US State Department after Jaishankar-Rubio talks in Manila
    July 22, 2026
    SC says legal error not sole ground to revoke liberty, flags growing trend of challenging bail
    July 22, 2026
    Parliamentary joint committee on corporate laws amendment bill gets more time to submit report
    July 22, 2026
    Archies Online Launches Pan-India Same-Day Cake, Flower & Gift Delivery Service
    July 22, 2026
    DRI busts clandestine Mephedrone manufacturing facility in Ankleshwar, Gujarat and seizes Rs. 21 lakh; Three arrested
    July 22, 2026
    SC rejects pleas of ED and state against grant of bail to Chaitanya Baghel in liquor scam cases
    July 22, 2026
    US to impose steep tariffs on generic medicine imports from Aug 2028
    July 22, 2026
    Asian shares edge higher after Wall Street climb, even as Brent oil keeps rising
    July 22, 2026
    Rupee falls 11 paise to 96.36 against US dollar in early trade
    July 22, 2026
    India Reaffirms Commitment to Rules-Based Multilateral Trading System at WTO Trade Policy Review in Geneva
    July 22, 2026
    Government's Financial Inclusion Mission Continues to Foster Economic Empowerment Through Universal Banking, Social Security and Credit Access
    July 21, 2026
    Tribunal absolves Lalit Modi of FEMA violation in 2009 South Africa IPL event
    July 21, 2026
    NABARD sanctions Rs 15,056 cr for 6,175 rural infrastructure projects in Haryana
    July 21, 2026
    SUPREME COURT HIGHLIGHTS
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    July 22, 2026
    US to unveil final action on Sec 301 investigation on Thursday: USTR Greer
    Show AI Summary
    Forced-labour import controls face proposed Section 301 tariff action, while India contests the investigations through bilateral trade discussions.
    Section 301 investigations concerning forced-labour imports examine whether 60 major trading partners, including India, have adopted and effectively enforced import prohibitions on goods produced with forced labour. Proposed additional tariffs would vary according to the strength of existing forced-labour import controls. India has contested the investigations and indicated that these issues may be addressed through the bilateral trade agreement under discussion. India has also initiated an anti-dumping investigation into global soda ash imports to assess potential injury or threat of injury to domestic industry.
    July 22, 2026
    Lokayukta police unearth Rs 17 crore assets of power firm official, relatives
    Show AI Summary
    Disproportionate-assets investigation examines property, bank accounts, tax returns and investments linked to a power company official and relatives.
    Disproportionate-assets investigation concerns allegations that a power distribution company official and close relatives acquired movable and immovable assets beyond known sources of income. Lokayukta Police conducted searches, identified assets and bank deposits linked to the official, family members and associated business entities, and sought freezing of account transactions. The inquiry includes verification of property acquisitions, income-tax returns, and stock-market and mutual-fund investments, with further investigation pending.
    July 22, 2026
    Maharashtra govt releases 'representative' list of 533 beneficiaries of farm loan waiver scheme
    Show AI Summary
    Farm loan waiver eligibility requires verified data, Agristack registration and Aadhaar authentication before direct transfer to loan accounts.
    The farm-loan waiver and one-time settlement mechanism applies to eligible beneficiaries whose loan data is uploaded by participating banks and verified through the scheme portal. Excluded categories include legislators, local-body office-bearers, government employees, certain income-tax payers, and specified cooperative-sector personnel. Eligible farmers must register on Agristack and complete Aadhaar authentication using their Aadhaar number or unique ID. After successful authentication, the eligible benefit is transferred directly to the loan account through the Direct Benefit Transfer system.
    July 22, 2026
    India exports 12.5 tons of Dashehari, Langra mangoes from UP to Dubai via sea route
    Show AI Summary
    Sea-route mango export protocol validates cold-chain shipping that can reduce logistics costs and expand overseas market access.
    A sea-route export protocol for Dashehari and Langra mangoes was commercially validated for shipment from Uttar Pradesh to Dubai under an extended harvest-to-market transit period. The process used scientific post-harvest management, shelf-life treatment, grading, packing, refrigerated-container transport and a continuous cold chain. The reported marketable condition on arrival supports wider use of cost-effective sea freight, potentially reducing logistics costs, improving grower procurement prices and expanding access to overseas markets.
    July 22, 2026
    Finacle 10.2.25 software will make banking services faster and more transparent: Himachal CM
    Show AI Summary
    Core banking migration supports faster transactions, stronger cyber security, transparent services and more convenient digital banking for customers.
    Migration of the cooperative bank's core banking system to the Finacle 10.2.25 platform is intended to enable faster, more transparent and secure banking services. The platform is expected to support customer-friendly transactions, stronger cyber security, convenient digital banking and improved operational efficiency. It may also strengthen the bank's delivery of financial benefits under government welfare schemes.
    July 22, 2026
    Return of foreign investments shows revival of confidence in economy: RBI Bulletin
    Show AI Summary
    Foreign investment recovery signals improved economic confidence amid sustained trade momentum and renewed food- and fuel-led inflation pressures.
    Foreign investment recovery, external trade momentum and inflation developments are examined amid geopolitical and supply-chain uncertainty. Strong export and import growth, the operationalisation of the India-UK Comprehensive Economic and Trade Agreement, renewed portfolio inflows and higher foreign direct investment were identified as supporting external-sector confidence. Consumer price inflation increased, led by food and fuel, while core inflation remained unchanged. Food-price pressures continued across staples, edible oils and vegetables, although comfortable foodgrain stocks could mitigate food-inflation effects.
    July 22, 2026
    India-US trade deal is almost complete: US State Department after Jaishankar-Rubio talks in Manila
    Show AI Summary
    Interim trade deal negotiations near completion as bilateral discussions advance tariffs, defence agreements, strategic cooperation, and regional security.
    India-US bilateral engagement focused on advancing an interim trade arrangement reported to be nearing completion, alongside discussions on tariffs, energy, defence and security, critical minerals, and artificial intelligence. The talks included a shared interest in finalising the interim trade deal and completing unspecified defence agreements connected with prior bilateral commitments. Regional security, West Asia, the Indo-Pacific, and Quad cooperation were also discussed amid efforts to restore bilateral relations following trade, immigration, and security-related strains.
    July 22, 2026
    SC says legal error not sole ground to revoke liberty, flags growing trend of challenging bail
    Show AI Summary
    Bail cancellation requires harm to criminal justice administration, not merely a legally flawed order granting liberty.
    Bail cancellation must turn on whether continued liberty obstructs the administration of criminal justice, not solely on legal error in the order granting bail. A deficient bail order, without more, does not justify revoking liberty. Challenges to bail orders should not displace the objective of timely trials and securing convictions. Although erroneous legal principles may require correction for consistency, they may not alone warrant cancellation of bail. Broader questions concerning the governing cancellation standard remain open.
    July 22, 2026
    Parliamentary joint committee on corporate laws amendment bill gets more time to submit report
    Show AI Summary
    Corporate law amendments face extended parliamentary review of proposals on compliance decriminalisation, ease of doing business, and governance modernisation.
    Parliament extended the Joint Parliamentary Committee's reporting deadline on the proposed Corporate Laws (Amendment) Bill, 2026 until the end of the Monsoon Session. The Committee is examining amendments to the Limited Liability Partnership Act, 2008 and the Companies Act intended to facilitate ease of doing business, decriminalise minor procedural defaults, and modernise the corporate governance framework.
    July 22, 2026
    Archies Online Launches Pan-India Same-Day Cake, Flower & Gift Delivery Service
    Show AI Summary
    Same-day gifting delivery expands access to cakes, flowers and curated gifts through an integrated pan-India online platform.
    Archies Online has introduced a pan-India same-day delivery service for cakes, flowers, gifts and hampers across major cities. Its integrated online platform offers greeting cards, personalised gifts, chocolates, soft toys and curated hampers for personal, professional and festive occasions. Same-day options include Rakhi and Friendship Day collections, supported by product curation, fresh sourcing and a delivery network intended to provide timely and dependable gifting services.
    July 22, 2026
    DRI busts clandestine Mephedrone manufacturing facility in Ankleshwar, Gujarat and seizes Rs. 21 lakh; Three arrested
    Show AI Summary
    Mephedrone trafficking enforcement uncovered a clandestine laboratory, controlled precursors, alleged drug proceeds and an intended receiver.
    Illicit manufacture and trafficking of Mephedrone, a psychotropic substance under the Narcotic Drugs and Psychotropic Substances Act, 1985, were addressed through an intelligence-led operation involving a clandestine laboratory. Manufacturing equipment, Mephedrone, its controlled precursor, Monomethylamine, and other chemicals used in manufacture were seized under the Act. Cash believed to be drug-trafficking proceeds and a further amount intended as token payment for delivery were recovered. Three persons were arrested in connection with the alleged network.
    July 22, 2026
    SC rejects pleas of ED and state against grant of bail to Chaitanya Baghel in liquor scam cases
    Show AI Summary
    Bail parity in liquor-scam proceedings sustained where principal accused had bail; adverse investigative remarks were removed.
    Bail in the alleged liquor-scam proceedings was sustained on the basis of parity, the applicant's comparatively lesser alleged role, prolonged custody, and the documentary nature of the investigation. The evidentiary value of statements, financial records and digital material was regarded as an issue for trial rather than conclusive assessment at the bail stage. Adverse observations against the state economic-offence investigation were expunged.
    July 22, 2026
    US to impose steep tariffs on generic medicine imports from Aug 2028
    Show AI Summary
    Generic medicine import tariffs are designed to encourage domestic pharmaceutical manufacturing while preserving policy for patented, branded and innovative drugs.
    Generic medicine imports into the United States are proposed to remain duty-free for two years, followed by escalating tariffs. The structure is intended to encourage pharmaceutical companies to establish manufacturing plants and equipment in the United States, with higher duties applying where companies do not do so within the stated period. The policy is confined to generic drugs, while the approach for patented, branded and innovative medicines is stated to remain unchanged.
    July 22, 2026
    Asian shares edge higher after Wall Street climb, even as Brent oil keeps rising
    Show AI Summary
    Oil-driven inflation pressures may prompt higher interest rates, despite equity gains led by artificial-intelligence and semiconductor shares.
    Asian equity markets largely rose following Wall Street gains led by artificial-intelligence and semiconductor shares. Rising crude oil prices are identified as a renewed inflation risk that could encourage central banks to raise interest rates, slowing economic activity and affecting equity valuations. Japan's reliance on imported energy and the effects of a weaker yen on trade values and energy costs are also highlighted.
    July 22, 2026
    Rupee falls 11 paise to 96.36 against US dollar in early trade
    Show AI Summary
    Foreign exchange market volatility pressures the rupee as oil-linked geopolitical risks boost safe-haven dollar demand and prompt market monitoring.
    Foreign exchange market movement saw the rupee depreciate against the US dollar amid higher crude oil prices, geopolitical tensions affecting oil-shipment security, and safe-haven demand for the dollar. RBI measures intended to attract overseas deposits were reported to support market confidence through foreign-currency inflows. Dealers were monitoring possible RBI participation through state-owned banks to moderate currency volatility while permitting gradual exchange-rate adjustment and preventing disorderly market movements.
    July 22, 2026
    India Reaffirms Commitment to Rules-Based Multilateral Trading System at WTO Trade Policy Review in Geneva
    Show AI Summary
    Rules-based multilateral trade engagement guides India's policy review, highlighting digital reforms, trade facilitation and clarification of market measures.
    India's WTO Trade Policy Review reaffirms commitment to a transparent, rules-based, inclusive and development-oriented multilateral trading system. It identifies reforms in trade facilitation, digital customs, logistics modernisation, quality infrastructure, Digital Public Infrastructure, innovation, sustainability, agricultural resilience and regional trade agreements. WTO Members recognised India's economic resilience and customs and digital modernisation, while seeking clarification on trade and investment regimes, Quality Control Orders, trade-remedy measures and WTO reforms.
    July 22, 2026
    Government's Financial Inclusion Mission Continues to Foster Economic Empowerment Through Universal Banking, Social Security and Credit Access
    Show AI Summary
    Financial inclusion expands universal banking, social insurance, pensions and collateral-free credit for underserved households and entrepreneurs.
    Financial inclusion is pursued through universal banking under Pradhan Mantri Jan Dhan Yojana, social-security coverage through life, accident and pension schemes, and credit access for underserved borrowers. Pradhan Mantri Mudra Yojana provides collateral-free institutional finance to micro and small business units for income-generating activities. The Stand-Up India Scheme supports Scheduled Caste, Scheduled Tribe and women entrepreneurs through loans for greenfield projects in manufacturing, trading, services and agriculture-allied activities.
    July 21, 2026
    Tribunal absolves Lalit Modi of FEMA violation in 2009 South Africa IPL event
    Show AI Summary
    Foreign exchange contravention liability requires evidence that the person was responsible for the overseas transfer in question.
    Foreign exchange transfer for the 2009 South Africa cricket tournament was examined under the Foreign Exchange Management Act after funds were moved to an overseas entity without prior Reserve Bank approval. The appellate tribunal set aside the penalty imposed on Lalit Modi, finding no material establishing that he was in charge of the relevant affairs or personally responsible for the alleged contravention. Liability for a foreign-exchange contravention must rest on evidence connecting the person proceeded against with responsibility for the impugned transaction.
    July 21, 2026
    NABARD sanctions Rs 15,056 cr for 6,175 rural infrastructure projects in Haryana
    Show AI Summary
    Rural infrastructure financing under RIDF supports irrigation, roads, water supply, cooperative digitisation, producer organisations and climate-resilient livelihoods.
    Rural Infrastructure Development Fund financing supports rural infrastructure in Haryana, including irrigation, roads and drinking-water assets. Rural cooperative strengthening includes digitisation and financial viability of Primary Agricultural Credit Societies, alongside promotion and financial support for Farmer Producer Organisations. Climate-resilient measures include watershed development, groundwater management, micro-irrigation, direct seeding of rice and vegetable clusters, supplemented by livelihood training for rural women and agricultural lending and project-appraisal support.
    July 21, 2026
    SUPREME COURT HIGHLIGHTS
    Show AI Summary
    Supreme Court proceedings address juvenile adult trials, insolvency, electoral representation, environmental funds and foreign-exchange complaint requirements.
    Supreme Court proceedings covered election representation, criminal justice, insolvency and regulatory compliance. The Court considered challenges concerning political-party merger approval, separate insolvency proceedings for group entities, and espionage charges. It sought responses on an appeal mechanism for persons excluded from the National Register of Citizens and alleged non-utilisation of environmental relief funds. Criminal matters included medical assessment for interim bail, a fresh trial in a blast case, and the principle that a juvenile accused of murder may face adult trial where statutory conditions for a heinous offence are met.

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      News and Press Release

      Nearly 55.49 Crore Users Onboarded on UPI as in June 2026

      July 20, 2026

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      UPI transactions grow 24,162 Cr in Volume and 314 lakh Cr in Value in FY 2025-26

      Government, RBI and NPCI take various initiatives to make UPI-based transactions secure and transparent, which include risk-based transaction limits to curb fraudulent transactions, enhanced security requirements for UPI applications, among others

      The Unified Payments Interface (UPI) is a payment system operated by National Payments Corporation of India (NPCI), authorised under the Payment and Settlement Systems Act, 2007.

      The NPCI has informed that there were 55.49 crore users onboarded on UPI platform as in June 2026. The details of UPI transactions volume and value is given below:

      UPI transactions during the last five financial years

      Financial Year

      Volume (in Crore)

      Value (in lakh Crore)

      FY 2021-22

      4,595.61

      84.16

      FY 2022-23

      8,371.44

      139.15

      FY 2023-24

      13,112.95

      199.95

      FY 2024-25

      18,586.60

      260.56

      FY 2025-26

      24,161.69

      314.23

      NPCI International Payments Ltd. (NIPL) is a wholly owned subsidiary of NPCI, incorporated in April 2020 with the objective of partnering with foreign entities to take various NPCI payment platforms, such as UPI and the RuPay card scheme, to international markets. This enables Indian tourists and the Indian diaspora to make seamless cross-border payments while assisting partner countries and entities in building their payment infrastructure, such as UPI-like real-time payment systems or RuPay like domestic card schemes.

      In order to make UPI-based transactions secure and transparent, various initiatives have been undertaken by the Government, RBI and NPCI from time to time. These, inter alia, include risk-based transaction limits to curb fraudulent transactions, safeguards against unauthorized mobile number changes and misuse of SMS-based authentication, as well as enhanced security requirements for UPI applications. Further, NPCI has issued the Comprehensive UPI Information Security Framework (CUISF) 2025 and the Mobile Application Security Framework, mandating advanced security controls to strengthen the safety and resilience of the UPI ecosystem.

      UPI is linked with the payment systems of various countries to facilitate Person-to-Person (P2P) remittances and Person-to-Merchant (P2M) transactions. The details of these countries, along with the respective partner institutions, is given below:

      Countries using UPI along with Partner institutions

      Sl.

      Country

      Live for

      Partner Institution

      Live since

      1

      Bhutan

      P2M

      RMA Bhutan

      July 2021

      2

      Singapore

      P2M

      NETS Singapore Pte. Ltd., HitPay Payment

      Solutions Pte. Ltd., LiquidPay Group Pte. Ltd.

      August 2021

      3

      UAE

      P2M

      Mashreq Bank PSC (NeoPay),

      Network International

      Magnati-Sole Proprietorship LLC

      April 2022

      4

      Singapore

      P2P

      BCS Paynow

      February 2023

      5

      France

      P2M

      LYRA Network

      February 2024

      6

      Mauritius

      P2M

      Bank of Mauritius

      February 2024

      7

      Sri Lanka

      P2M

      Lanka Pay Pvt. Ltd.

      February 2024

      8

      Nepal

      P2M

      FonePay Payment Services Ltd.

      March 2024

      9

      Qatar

      P2M

      Qatar National Bank

      September 2025

      10

      Greece

      P2P

      Eurobank S.A.

      May 2026

      11

      Nepal

      P2P

      Nepal Clearing House Limited (NCHL)

      June 2026

      12

      Cambodia

      P2M

      Acleda Bank PLC

      June 2026

      This information was given by the Minister of State in the Ministry of Finance Shri Pankaj Chaudhary in a written reply to a question in Lok Sabha today.

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