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    Compounded annual growth rate of Manufacturing GVA at constant prices (2022-23 base) as per revised series during 2022-23 to 2025-26 is 10.88%
    National Company Law Tribunal (NCLT) Launches e-Inspection and e-Certified Copy Services
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August 13, 2026
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Manufacturing GVA growth under the revised national accounts series highlights stable sectoral contribution and resilience-focused industrial measures.
Manufacturing performance is assessed under the revised National Accounts Statistics series using 2022-23 as the base year. Manufacturing's share of total Gross Value Added at current prices remained broadly stable through 2025-26, and Manufacturing GVA at constant prices achieved a compounded annual growth rate of 10.88% from 2022-23 to 2025-26. Production Linked Incentive schemes, logistics and industrial-corridor measures, semiconductor initiatives, and MSME support seek to strengthen domestic manufacturing, diversify supply chains, reduce import dependence, and improve resilience.
August 13, 2026
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Electronic inspection and certified copies expand digital access to judicial records while supporting efficient case management and reduced delays.
NCLT has launched e-Inspection and e-Certified Copy Services for faster and more convenient access to judicial records and certified copies by advocates, litigants and other stakeholders. The services support a technology-enabled Registry framework and transparent, efficient justice delivery. Pendency monitoring, workload redistribution, Special Benches, maximisation of court time, and registration and listing guidelines are intended to improve case management, optimise limited judicial resources and reduce avoidable delays.
August 13, 2026
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CBDC-based food subsidy transfers enable eligible beneficiaries to use Digital Rupee wallet credits for traceable foodgrain purchases.
CBDC-based Direct Benefit Transfer under the Pradhan Mantri Garib Kalyan Anna Yojana will credit eligible beneficiaries' food subsidies as programmable Digital Rupee tokens directly into CBDC wallets. Beneficiaries may use these credits to purchase foodgrains from empanelled merchants through secure, real-time and traceable payments, replacing conventional bank-account transfers. The model is intended to improve traceability, reduce leakages and cash handling, enable real-time monitoring of subsidy use, and provide a scalable framework for CBDC integration with welfare schemes.
August 13, 2026
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Preferential trade agreement negotiations begin under agreed terms covering market access, origin rules, trade remedies and dispute settlement.
India and the Southern African Customs Union have signed Terms of Reference to commence negotiations for a Preferential Trade Agreement. Negotiations are envisaged on trade in goods and market access, rules of origin, customs procedures and trade facilitation, trade remedies including bilateral safeguards, sanitary and phytosanitary measures, technical barriers to trade, dispute settlement, and legal and horizontal provisions. The Terms of Reference establish the negotiating framework only; preferential tariff treatment and other operative commitments depend on conclusion of a final agreement.
August 12, 2026
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Prepaid plan restructuring eliminates mid-tier daily-data options and channels subscribers toward higher-priced plans with expanded data access.
Bharti Airtel has discontinued prepaid plans combining 1.5 GB daily data allowances with unlimited calling, directing subscribers towards higher-priced plans with expanded data access, including unlimited 5G data. The restructuring reduces low-priced unlimited-data offerings and changes the pricing architecture for customers using discontinued mid-tier plans. Management links tariff repair to differentiated mobile-plan categories and sustained average revenue per user growth.
August 12, 2026
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Insolvency professional conduct faces money-laundering allegations over re-admitted claims, creditor committee changes, and a connected resolution applicant.
Enforcement action under the Prevention of Money Laundering Act concerns allegations that an insolvency professional re-admitted claims earlier rejected as spurious and fraudulent during the Corporate Insolvency Resolution Process. The alleged re-admission altered the Committee of Creditors' composition and facilitated consideration of a resolution plan allegedly submitted for, and funded through an entity controlled by, a company promoter under investigation for diversion of bank-loan funds. Adverse findings reportedly included acting beyond authority by relying on fabricated and improperly submitted material.
August 12, 2026
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Identity document forgery allegations prompt investigation into fraudulent Aadhaar updates and falsified government and educational certificates.
Alleged forgery and misuse of identity-related records are under investigation following operations at Aadhaar centres. Seized materials reportedly include forged birth, educational, residence, caste and citizenship certificates, records bearing forged signatures and seals, and equipment used for Aadhaar updates. Four persons were arrested in two operations for allegedly preparing forged records and using them to update Aadhaar cards. Cases have been registered under relevant provisions of the Bharatiya Nyay Sanhita, with investigation continuing into the extent of the alleged network.
August 12, 2026
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Holding-company governance succession follows leadership departure, requiring transition planning amid unresolved strategy, capital allocation, board representation and listing questions.
Tata Sons' leadership succession and governance framework have become central following the chairman's decision not to seek reappointment when his term ends in February 2027. The board has been asked to decide on a successor promptly. Unresolved matters include the strategic roadmap, losses and capital requirements in newer businesses, board representation, capital allocation, an exit route for the Shapoorji Pallonji Group, and the possible listing of Tata Sons. Future leadership must manage these issues while improving returns from investment-intensive businesses and maintaining established operations.
August 12, 2026
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Interest-rate regulation for loans and advances proposes harmonised fixed and floating loan-pricing principles across regulated entities.
Interest-rate regulation for loans and advances is proposed to be harmonised across all regulated entities through a principles-based framework for fixed-rate and floating-rate loans. The framework would be calibrated to each entity's nature, complexity and scale, while supporting monetary policy transmission, credit-risk-based pricing, and fair, non-discriminatory borrower treatment. It addresses divergent commercial-bank practices in determining the marginal cost of funds-based lending rate and its components, alongside limited regulatory coverage of fixed-rate loans. Separate final directions are intended for each category of regulated entity after consideration of feedback.
August 12, 2026
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Elevated crude oil prices and Tata leadership transition drove broad equity market selling amid inflation concerns.
Indian equity markets declined amid elevated crude oil prices, inflation concerns and broad risk-off selling. Tata Group shares, particularly TCS, came under pressure after N. Chandrasekaran announced that he would not seek reappointment as Tata Sons Chairman when his current term ends. Crude oil prices approaching the USD 90-per-barrel level affected investor confidence because of potential inflationary effects, while uncertainty over United States-Iran negotiations and Strait of Hormuz shipping disruptions added to global energy market concerns.
August 12, 2026
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Trade sovereignty and energy security underpin calls to resist tariff pressure and protect sensitive sectors in bilateral negotiations.
Trade sovereignty and energy security are advanced as grounds for resisting tariff pressure linked to Indian purchases of Russian crude. Bilateral trade negotiations should proceed through equality, reciprocity and mutual respect without compromising agriculture, dairy, energy security or strategic autonomy. Concerns are also raised over removal of e-commerce inventory restrictions for foreign direct investment and over proposed Merchant Discount Rate charges on UPI transactions. Withdrawal of the inventory measure and opposition to payment-provider charges are urged, alongside possible restrictions on United States technology and social-media companies and consumer boycotts of American goods and services.
August 12, 2026
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Fair trading practices and circular production are promoted to strengthen Make in India and expand global market participation.
Trade and industrial policy messaging encourages businesses to digitise operations, adopt good manufacturing practices, follow fair trading practices, and promote recycling, reuse and a circular economy. Nine free trade agreements are identified as creating preferential market-access opportunities for Indian industry and businesses. MSMEs, entrepreneurs, farmers, fishermen, workers and the services sector are encouraged to expand Indian products and services globally, improve competitiveness through scale, and strengthen the quality, design and brand value associated with Make in India.
August 12, 2026
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Private capital mobilisation requires credible long-term frameworks, risk-sharing mechanisms, and multilateral partnerships to strengthen infrastructure investment.
Private capital mobilisation in infrastructure and development finance depends on credible long-term frameworks, investor confidence, project bankability, and balanced risk allocation. Public capital is intended to catalyse rather than replace private investment. Key financing mechanisms include Viability Gap Funding, the Hybrid Annuity Model, credit enhancement, and Infrastructure Investment Trusts. Long-term investment visibility and coordinated connectivity are supported through the National Infrastructure Pipeline and PM Gati Shakti framework, alongside investment measures for freight, rail, waterways, and coastal cargo.
August 12, 2026
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Judicial allowance exemptions under the new tax regime remain disputed, with return processing and resulting demands kept in abeyance.
Tax treatment of specified judicial allowances under the new income-tax regime is disputed. Statutory service-condition provisions are asserted to exclude allowances, including official residence, conveyance, sumptuary allowance and leave travel concession, from income computation and to override the Income-tax Act. Pending consideration, affected judges may show these amounts as receipts not in the nature of income, and their returns are not to be processed further. Any resulting demand remains in abeyance, while refundable amounts are withheld subject to the pending proceedings.
August 12, 2026
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Corporate closure data highlights worker-claim treatment through insolvency adjudication and liquidation priority, while affected-worker information remains unmaintained.
Corporate closure data recorded 36,211 private companies in Maharashtra as liquidated, dissolved or struck off during the preceding five financial years. Central information is not maintained on workers affected by closures or special rehabilitation packages. In corporate insolvency resolution, employee and worker claims are adjudicated under orders of the adjudicating authority. In winding-up or liquidation, the liquidator deals with pending wages and other admissible statutory dues, subject to available funds and the statutory order of priority.
August 12, 2026
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Compressed biogas development converts organic waste into cleaner fuel, rural income and reduced dependence on imported fossil fuels.
CBG development is presented as a route for converting agricultural and organic waste into biomethane, bio-fertiliser and briquettes while reducing fossil-fuel imports, crop-residue burning and waste-management burdens. NexGen Energia's asset-light land-partner model uses landowner-provided sites while the company designs, installs and operates plants, including gas upgrading and offtake logistics. Anaerobic digestion and alternative gas-purification technologies support use of agricultural residue, food waste, manure and distillery effluent. Expansion is linked to the GOBARdhan National Circular Bioenergy Scheme, despite capital, feedstock-aggregation and commissioning constraints.
August 12, 2026
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Bilateral trade cooperation advances through investment focal points, services and health working groups, and planned preferential trade agreement negotiations.
India-Namibia economic cooperation is being progressed through agreed follow-up mechanisms focused on value addition, investment facilitation and sectoral collaboration. Investment focal points have been designated, and a Services Working Group is to prepare a work plan for the Joint Trade Committee. Priority areas include health and pharmaceuticals, critical-mineral processing, gems and jewellery, digital payments, FinTech, railways, renewable energy and green hydrogen. Terms of Reference for the India-SACU preferential trade agreement were finalised, with negotiations to begin after signature and conclude within one year.
August 12, 2026
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AI governance in banking requires explainability, board accountability, rigorous testing, vendor controls and meaningful human oversight for customer-facing decisions.
AI adoption in banking should be governed through a principles-based and proportionate framework that aligns innovation with financial stability, customer protection and accountability. Banks should maintain inventories of AI systems, adopt board-approved governance policies, ensure explainability for material lending and fraud decisions, conduct periodic red-teaming and stress testing, and preserve meaningful human oversight. Key risks include opacity, bias, vendor concentration, third-party dependence, data misuse, cyber vulnerability and loss of institutional accountability. Vendor arrangements require audit and explanation rights and credible exit plans.
August 11, 2026
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Land acquisition funding and regulatory approvals advance satellite-city development, tax relief, identity enrolment, employment verification, and jail reform.
Assam Cabinet approvals include first-phase funding for land acquisition and development of the Aerotropolis Satellite City Project and a lease deed for a hotel supporting the Jagiroad semiconductor ecosystem. Measures also provide Aadhaar enrolment relaxation for Moran and Matak communities, zero agricultural tax up to the prescribed net-income threshold, OBC Non-Creamy Layer certificates, and trainee and graduate-assistance funding. Government jobs will be provisionally held pending police verification, with automatic confirmation where no report is submitted within six months. Jail rules will be amended to promote non-discrimination, sanitation, security and fair work allocation.
August 11, 2026
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Money-laundering investigation into alleged liquor-sale proceeds led to arrest and custodial questioning amid contested political allegations.
Money-laundering investigation concerning an alleged liquor scam led to the Enforcement Directorate's arrest of Ramgopal Agrawal and seven days' custodial remand under the Prevention of Money Laundering Act. The agency alleged his connection with proceeds of crime, non-attendance despite multiple summonses, and evasiveness during questioning. Allegations concern purported control of the state excise department, illegal liquor sales, and sharing of commissions. The Congress has denied the allegations and described the investigation as politically motivated.

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Customs & Trade

Powering India's Energy Freedom

August 12, 2026

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NexGen Energia Ltd. on waste, wealth and the road to energy self-reliance As India marks this Independence Day under the theme ‘Honouring Freedom, Inspiring the Future’, we asked NexGen Energia Ltd. — the Noida-based Compressed Biogas (CBG) company betting on India's agricultural waste as a source of energy self-reliance — to reflect on its journey, its philosophy, and its place in the country's clean energy transition.

1. Company genesis NexGen Energia Ltd. was incorporated in February 2019 to address three problems at once: India's dependence on imported fossil fuels, the country's mounting agricultural and organic waste, and the annual crop-residue burning that chokes North Indian skies every winter. The founding conviction was that India's landfills and farms were not liabilities but green fuel fields waiting to be tapped — an insight that shaped NexGen's core business of converting organic waste into Compressed Biogas (CBG), green diesel and bio-fertiliser.

2. Corporate profile Headquartered in Noida with a registered office in Mumbai, NexGen Energia has grown from a single CBG proposition into a diversified clean-fuel platform spanning CBG/Bio-CNG manufacturing and retail, green diesel, bio-coal, EV charging and lubricants. Its first CBG plant was commissioned in Gorakhpur, Uttar Pradesh, with plants now also running in Haridwar and Chennai. Its current plan includes a ten-project portfolio of 10 and 20 TPD CBG plants across Uttar Pradesh, Bihar and Rajasthan — anchored by sites at Bulandshahr, Fatehgarh, Balrampur, Arrah, Kota and Bikaner — at an indicative capex of ₹1,000 crore, with plants at Vijayawada, Indore and Rajkot slated for commissioning by the end of this year.

3. Vision and mission NexGen Energia describes its vision as being “a catalyst for positive change… driving the transition to a sustainable future through biofuels, electric vehicles, and responsible water management.” Its mission translates that ambition into practice: to be a driving force in India's shift to renewable energy, empowering entrepreneurs — from farmers to first-time investors — to set up CBG plants that cut fossil-fuel dependence while converting organic waste into a source of income.

4. Challenges and resilience NexGen entered a sector where ambition has outpaced execution: even with over 200 CBG plants commissioned nationally, capacity remains a fraction of what India's biomass base could support, held back by capital intensity, feedstock-aggregation bottlenecks and long commissioning cycles. The government's newly approved GOBARdhan National Circular Bioenergy Scheme — a ₹23,731 crore, ten-year push for nearly ten-fold growth in domestic CBG production — is designed to close that gap. NexGen's own response has been an asset-light execution model — partnering with landowners rather than acquiring land outright, while retaining full control of design, installation and operations — which has let the company move from a single commissioned plant to a multi-state pipeline without the capital drag of a land-heavy balance sheet.

5. Key achievements Milestones include commissioning its first CBG plant in Gorakhpur, with plants now also running in Haridwar and Chennai; a plan to invest ₹1,000 crore in CBG pumps over a decade; and a nationwide multi-fuel retail stations initiative in collaboration with Oil & Gas PSUs. Three further plants — at Vijayawada, Indore and Rajkot — are slated for commissioning by the end of this year, alongside a ten-project portfolio of 10 and 20 TPD CBG plants taking shape across Uttar Pradesh, Bihar and Rajasthan.

6. Success philosophy NexGen's USP is structural: rather than building and operating plants alone — or requiring partners to also arrange land — it partners directly with landowners holding roughly 10 acres per site, while NexGen itself designs, installs and operates the plant end-to-end. Where most EPC players hand a plant over once it is commissioned, NexGen's forte lies specifically in operations — running the digesters, upgrading systems and offtake logistics for the plant's working life, not just installing and commissioning the machinery. That land-partner model, layered onto India's new GOBARdhan policy tailwinds, lets the company scale a pipeline of owned-and-operated plants without the capital and time lag of outright land acquisition, while giving landowners a stake in a long-term revenue stream — and NexGen full control over execution quality and commissioning timelines. “We are actively looking to partner with landowners who can offer around 10 acres for a CBG plant — NexGen handles the design, installation and operations end-to-end, and the landowner gets a long-term stake in the revenue,” says Anand Dwivedi, Spokesperson, NexGen Energia. Landowners interested in exploring this opportunity can write to [email protected] or visit the company's website.

7. Innovation and technology NexGen's CBG plants use anaerobic digestion — the same dome-digester architecture already operating across India's commissioned CBG fleet — to convert agricultural residue, food waste and animal manure into raw biogas. Its digester technology extends further to spent wash and stillage, the effluent generated by both molasses-based and grain-based distilleries, widening its addressable feedstock base well beyond agricultural residue and municipal waste. For gas upgrading, the company has access to VPSA (Vacuum Pressure Swing Adsorption), membrane separation and amine-scrubbing technologies through associations with technology partners including Thermax and Paques, giving it a choice of purification routes suited to different feedstock and plant-size combinations. Newer projects in its pipeline also diversify beyond fuel and fertiliser sales into briquette sales to industries and aggregators, aimed at better realisations from digestate.

8. Inclusive leadership NexGen's land-partner model is, by design, a distributed one: it opens plant ownership and retail operation to first-generation entrepreneurs, farmers, landowners and small-town investors rather than only large corporates, across states as varied as Uttar Pradesh, Uttarakhand, Haryana, Maharashtra and Madhya Pradesh. Widening who gets to build India's energy infrastructure is a consistent thread across the company's public communication.

9. Global outlook NexGen's international outlook is expressed chiefly through technology rather than geography: its access to VPSA, membrane and amine gas-upgrading routes via its technology partners gives its India-first, land-partner build-out an internationally benchmarked technology stack.

NexGen frames its core business as a social-impact proposition in itself: CBG plants let farmers monetise crop residue instead of burning it, generate bio-fertiliser and briquettes alongside fuel, and create rural income tied to waste management. Its land-partner model extends this further, bringing waste-to-energy infrastructure to landowners and communities who would otherwise have no route into the sector. Beyond enabling others, NexGen's own ambition is to grow a directly owned-and-operated portfolio — the plants already running in Gorakhpur, Haridwar and Chennai, the three more due by year-end in Vijayawada, Indore and Rajkot, and the ten-project pipeline of 10 and 20 TPD plants across Uttar Pradesh, Bihar and Rajasthan together marking early steps toward a much larger self-owned CBG footprint nationally.

11. Industry impact NexGen has positioned itself among the more aggressive private players in India's still-nascent CBG sector, where execution has broadly lagged government ambition — barely a quarter of the Letters of Intent OMCs have issued nationally have converted into operating plants. By pairing an asset-light, land-partner execution model with a concrete, multi-state pipeline — commissioned plants in Gorakhpur, Haridwar and Chennai, three more due by year-end, and a ten-project portfolio of 10 and 20 TPD plants taking shape — the company has pushed toward the front of a field still dominated by public-sector oil marketing companies and a long tail of small, undercapitalised developers.

12. Societal contribution The through-line across NexGen's activities — CBG, green diesel, bio-fertiliser, EV charging — is import substitution and energy security: less reliance on imported crude and gas, income for farmers and landowners who would otherwise burn residue or leave land under-used, and decentralised energy infrastructure reaching towns like Gorakhpur and Haridwar rather than only metros. India's growth will demand a rising share of global energy even as the country works to cut oil imports, currency outflows and emissions — the gap NexGen positions itself to help fill, one commissioned plant at a time.

13. ‘Honouring Freedom, Inspiring the Future’ For NexGen, that theme reads almost literally as energy freedom. Every CBG plant it builds is, in effect, a small act of import substitution — biomethane brewed from Indian crop residue and cattle waste standing in for gas that would otherwise be shipped in. That idea links reduced oil imports and currency outflows to national resilience. Seventy-eight years after independence, NexGen's pitch is that the next chapter of freedom will be measured in energy self-reliance — and it wants CBG to be part of writing it.

For enquiries NexGen Energia Ltd Contact: +91 88005 99662 Email: [email protected] Website: www.nexgenenergia.com (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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