Just a moment...

⚠ ✕
❮ Top
☎ Help
☰
×

By creating an account you can:

Logo TaxTMI
Keyword Search :
AI Tools : New
Ask tax questions in natural language. Powered by AI trained on the TaxTMI legal database. Use AI Tools ➞
Call Us / Help / Feedback✕

Contact Us At :

✉ E-mail: [email protected]

✆ Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
Make Most of Text Search ✕
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
    6. Text Search
  6. The system will try to fetch results that contains ALL your words.
  7. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
    8. Text Search
╳
Add to...
You have not created any category. Kindly create one to bookmark this item!
✕
Create New Category
Hide
Title :
Description :
❮❮ Hide
❮ Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search ❯
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text ❯
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ---- ❯
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ---- ❯
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ---- ❯
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
Relevance Default Date
    August 24, 2026
    ED raids several places in UP, Haryana in GST fraud case; over Rs 1 crore cash seized
    August 24, 2026
    From Syrup Diversion to Sugar Production: SED's Integrated Process House Solution for Shivshakti Sugars' 7,500 TCD Plant
    August 24, 2026
    Chandigarh University Provides In-House Training for Civil Services, Defence, Management, Banking & PSUs
    August 24, 2026
    ICSI inaugurates new Chapter Office in Hyderabad
    August 24, 2026
    Curis Lifesciences Charts a New Growth Path with Uninova, Export Markets and Branded Pharma Expansion
    August 24, 2026
    IBC @ Crossroads: A Decade of Evolution, The Road Ahead
    August 24, 2026
    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman will embark on official visit to Canada and USA from 25th August to 2nd Septemb...
    August 24, 2026
    UPI Completes 10 Years of Digital Payments Revolution- Globally Recognised as World’s Largest Real‑Time Payment System
    August 24, 2026
    PROVISIONAL ESTIMATES OF SERVICE PRODUCER PRICE INDICES (BASE YEAR 2022-23) FOR Q1 OF FY 2026-27 AND FINAL INDICES FOR Q4 OF FY 2025-26.
    August 24, 2026
    Minister of State for Commerce and Industry and Electronics & Information Technology Shri Jitin Prasada on Official Visit to Morocco.
    August 24, 2026
    Rupee falls 3 paise to close at 95.74 against US dollar
    August 24, 2026
    HSBC INDIA OPENS NEW BRANCH IN NASHIK TO SUPPORT WEALTH EXPANSION
    August 24, 2026
    Commerce and Industry Minister Shri Piyush Goyal Leads A 200-Member Business Delegation to Japan.
    August 24, 2026
    CBN busts inter-state heroin syndicate in ‘Op Black Hawk’; seizes over 18.6 kg crude heroin - Three members of inter-state trafficking network arr...
    August 24, 2026
    Bank unions threaten nationwide strike on Sep 11 to press for 5-day banking, other demands
    August 24, 2026
    Goyal says India negotiating FTAs with 8-9 more blocs, aims to cover 75 pc of global trade
    August 24, 2026
    Rupee rises 7 paise to 95.64 against US dollar in early trade
    August 23, 2026
    Woman passenger from Sharjah held with undeclared gold chain at Ahmedabad airport
    August 23, 2026
    Delhi: Retired railway employee put under 'digital arrest', duped of Rs 30 lakh; one held
    August 23, 2026
    CPI(M) accuses ED of ‘politically targeting’ Pinarayi Vijayan in CMRL case
❮
❯
❯❯
Maximize Maximize Maximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

+

Are you sure you want to delete "My most important" ?

NOTE:

Open Link
News
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries
August 24, 2026
ED raids several places in UP, Haryana in GST fraud case; over Rs 1 crore cash seized
August 24, 2026
From Syrup Diversion to Sugar Production: SED's Integrated Process House Solution for Shivshakti Sugars' 7,500 TCD Plant
August 24, 2026
Chandigarh University Provides In-House Training for Civil Services, Defence, Management, Banking & PSUs
August 24, 2026
ICSI inaugurates new Chapter Office in Hyderabad
Show AI Summary
Corporate governance professionals gain expanded training infrastructure as Hyderabad's new Chapter Office supports Company Secretaries and students.
Institute of Company Secretaries of India has inaugurated a Chapter Office in Hyderabad to expand infrastructure for professional education, training, examinations, meetings, capacity-building programmes and stakeholder engagement. The facility is intended to support Company Secretaries and students and enable wider professional and educational activities. Company Secretaries are identified as corporate governance professionals, with expanding regulatory requirements and the formalisation and listing of micro, small and medium enterprises creating potential demand for qualified professionals.
August 24, 2026
Curis Lifesciences Charts a New Growth Path with Uninova, Export Markets and Branded Pharma Expansion
Show AI Summary
Diversified pharmaceutical growth combines branded portfolio expansion, contract manufacturing, merchant exports, and regulatory registrations for international market development.
Curis Lifesciences Limited plans a diversified pharmaceutical strategy spanning domestic branded products, contract manufacturing and international market development. Its majority acquisition of Uninova Lifesciences is intended to strengthen own-brand marketing, distribution and portfolio expansion, including injectable products through third-party manufacturing. International initiatives include merchant exports in Kenya and a Nigerian joint venture pursuing own-brand regulatory registrations alongside contract-manufacturing and export opportunities. Commercial development in Nigeria remains contingent on relevant licences and purchase orders, while projections are subject to regulatory, market and other business factors.
August 24, 2026
IBC @ Crossroads: A Decade of Evolution, The Road Ahead
Show AI Summary
Insolvency framework reform prioritises efficient resolution, value maximisation, stakeholder coordination, institutional strengthening and technology-enabled asset recovery.
Insolvency and Bankruptcy Code, 2016, entered its tenth year amid deliberations on legislative amendments, resolution timelines, stakeholder interests and value maximisation. Key areas included resolution plans and tax implications, liquidation processes, recent judicial developments, stakeholder coordination, and the roles of insolvency professionals, regulators, banking institutions and adjudicatory processes. Technological innovation, including artificial intelligence for asset tracing and recovery, alongside regulatory strengthening, capacity building and stakeholder collaboration, was emphasised for the future development of the insolvency ecosystem.
August 24, 2026
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman will embark on official visit to Canada and USA from 25th August to 2nd September 2026.
Show AI Summary
Bilateral economic and financial cooperation will advance through investment dialogues, business engagement, financial-sector partnerships, and global economic discussions.
Official visits to Canada and the United States are scheduled to strengthen bilateral economic and financial partnerships, deepen investment linkages, and advance cooperation on global economic priorities. Engagements include an Economic and Financial Dialogue, investment and business roundtables, corporate meetings, and discussions on financial-sector cooperation, technology, innovation, critical minerals, resilient supply chains, and a Comprehensive Economic Partnership Agreement. Participation in the G20 Finance Ministers and Central Bank Governors Meeting will address global economic growth, stability, and international financial cooperation.
August 24, 2026
UPI Completes 10 Years of Digital Payments Revolution- Globally Recognised as World’s Largest Real‑Time Payment System
Show AI Summary
Interoperable real-time payments enable inclusive retail transactions, bank participation, and cross-border digital payment expansion through UPI.
Unified Payments Interface (UPI) operates as an interoperable, real-time digital payments platform for peer-to-peer and person-to-merchant transactions. Its network includes varied banking institutions acting as remitter and beneficiary payment service providers, with performance monitoring across participants. Person-to-merchant payments drive transaction volume through routine small-ticket retail use, while person-to-person payments represent a larger share of transaction value. UPI also supports cross-border digital payments, with future growth linked to technological advancement, broader adoption, policy support, and financial inclusion.
August 24, 2026
PROVISIONAL ESTIMATES OF SERVICE PRODUCER PRICE INDICES (BASE YEAR 2022-23) FOR Q1 OF FY 2026-27 AND FINAL INDICES FOR Q4 OF FY 2025-26.
Show AI Summary
Service Producer Price Indices track quarterly price movements across financial, transport, telecom and insurance services using sub-service weights.
Service Producer Price Indices based on 2022-23 set out provisional first-quarter estimates for FY 2026-27 and final fourth-quarter estimates for FY 2025-26 across financial, insurance, telecom, railway and air-passenger services. Latest quarterly data show negative year-on-year inflation for securities transaction and banking services, while banking service contribution, pension-fund management, insurance, telecom and railway services record positive inflation. Aggregate weights are not assigned because the covered services do not represent the entire service sector; sub-service weights are used to derive service-level PPIs.
August 24, 2026
Minister of State for Commerce and Industry and Electronics & Information Technology Shri Jitin Prasada on Official Visit to Morocco.
Show AI Summary
Food safety cooperation supports imported-food quality information exchange and technical collaboration within broader bilateral economic and trade engagement.
India-Morocco economic cooperation is being advanced through discussions on trade diversification, market access, investment, industrial cooperation, customs, agriculture, food safety, energy, digital transformation and logistics. A proposed food safety Memorandum of Understanding would support exchanges on imported-food safety and quality, testing laboratories, analytical methods, import procedures, quality control, sampling, testing, packaging and labelling. Proposed cultural cooperation would promote professional exchanges, heritage conservation and institutional linkages.
August 24, 2026
Rupee falls 3 paise to close at 95.74 against US dollar
Show AI Summary
Foreign-exchange market conditions pressured the rupee as dollar strength, crude concerns and geopolitical uncertainty shaped narrow USD/INR trading.
Foreign-exchange market conditions led the rupee to close marginally lower against the US dollar after reversing initial gains. The USD/INR pair traded within a narrow range amid a stronger dollar index, weak domestic equity markets, importer demand, crude-oil concerns and geopolitical uncertainty. Market commentary indicated a slight negative bias for the rupee, although possible US-dollar weakness could provide support at lower levels. India's foreign-exchange reserves increased during the referenced reporting week.
August 24, 2026
HSBC INDIA OPENS NEW BRANCH IN NASHIK TO SUPPORT WEALTH EXPANSION
Show AI Summary
Branch expansion for wealth and cross-border banking services targets emerging commercial centres and affluent customer segments across India.
HSBC India's branch expansion is directed at extending wealth, international banking, and corporate banking services to affluent, high-net-worth, ultra-high-net-worth, and non-resident Indian customers in emerging commercial centres. The Nashik opening forms part of a broader branch-expansion programme undertaken after Reserve Bank of India approval to establish additional branches in key cities. The programme is intended to expand delivery of banking and financial services, including support for cross-border wealth management, overseas investment by Indian companies, and foreign investment into India.
August 24, 2026
Commerce and Industry Minister Shri Piyush Goyal Leads A 200-Member Business Delegation to Japan.
Show AI Summary
Bilateral trade and investment cooperation advances through business engagement in high-technology manufacturing, clean energy, innovation and industrial collaboration.
India's commerce and industry engagement with Japan is structured around a business delegation visit to deepen bilateral trade, investment, technology and industrial collaboration. Sector-focused discussions cover semiconductors, artificial intelligence, start-ups, automotive manufacturing, steel, electronics, industrial and consumer markets. Business roadshows and investor interactions are directed at presenting opportunities in India's manufacturing, clean-energy and consumer sectors, while advancing cooperation in high-technology manufacturing and next-generation industries.
August 24, 2026
CBN busts inter-state heroin syndicate in ‘Op Black Hawk’; seizes over 18.6 kg crude heroin - Three members of inter-state trafficking network arrested.
Show AI Summary
Inter-state heroin trafficking enforcement uncovered concealed narcotics in transport vehicles, triggering arrests, confiscation, and continuing supply-chain investigations.
Operation Black Hawk targeted an alleged inter-state heroin trafficking network moving crude heroin from the North-East region towards Uttar Pradesh. Intelligence-led vehicle tracking and highway interceptions resulted in the seizure of over 18.6 kg of crude heroin and the arrest of three suspected network members under the Narcotic Drugs and Psychotropic Substances Act, 1985. The narcotics were detected in specially fabricated concealed compartments within a passenger vehicle fuel tank and a heavy commercial vehicle body frame. Both vehicles and the contraband were confiscated, while financial and logistical investigations continue into suppliers and distribution channels.
August 24, 2026
Bank unions threaten nationwide strike on Sep 11 to press for 5-day banking, other demands
Show AI Summary
Five-day banking and uniform performance incentives drive proposed bank union action over unresolved pension and employment demands.
Banking labour relations are affected by proposed nationwide industrial action over five-day banking, performance-linked incentives, and pension-related demands. Five-day banking remains pending despite a bipartite arrangement for extended weekday hours. Unions dispute an incentive scheme that differentiates awards by seniority and individual performance, contending that it departs from bank-level performance linkage and uniformity across cadres. They also allege that implementation during pending conciliation breaches a status quo obligation, while pension revision, uniform dearness allowance, and a pension-scheme switch option remain unresolved.
August 24, 2026
Goyal says India negotiating FTAs with 8-9 more blocs, aims to cover 75 pc of global trade
Show AI Summary
Free trade agreement strategy expands preferential market access and supports India's integration into global value chains and investment partnerships.
India's free trade agreement strategy seeks to expand preferential market access and integrate the country into global value chains as a trusted trading partner. Negotiations with additional country groups and individual nations are intended to extend agreement coverage to a substantial share of global trade. Investment opportunities are identified in data centres, manufacturing and artificial intelligence, alongside an objective of developing more balanced trade relations between India and Japan.
August 24, 2026
Rupee rises 7 paise to 95.64 against US dollar in early trade
Show AI Summary
Foreign exchange market conditions supported rupee appreciation, but crude prices, importer demand and geopolitical sanctions concerns limited gains.
Foreign exchange market conditions supported a modest early appreciation of the rupee against the US dollar due to relative dollar softness. The gain was limited by elevated crude oil prices, importer demand for dollars, and caution over anticipated sanctions affecting Iranian oil trade, banking networks and shipping routes. Currency markets remained sensitive to geopolitical uncertainty and possible wider trade effects.
August 23, 2026
Woman passenger from Sharjah held with undeclared gold chain at Ahmedabad airport
Show AI Summary
Undeclared gold importation led to customs interception, seizure, arrest and continuing investigation after concealment inside passenger clothing.
Customs enforcement against undeclared gold importation involved interception of a passenger arriving from Sharjah at Ahmedabad airport following passenger profiling. A gold chain concealed inside clothing was recovered after it was not declared for customs purposes. The chain was seized and the passenger was arrested under the Customs Act, 1962, before being released on bail, with further investigation continuing.
August 23, 2026
Delhi: Retired railway employee put under 'digital arrest', duped of Rs 30 lakh; one held
Show AI Summary
Digital arrest cyber fraud used impersonation, forged notices and coercive video calls to obtain transfers through mule accounts.
Digital arrest cyber fraud allegedly used impersonation of law-enforcement and central banking officials, fabricated notices, threats of arrest and continuous video communications to coerce a retired railway employee into disclosing financial details and transferring funds for purported verification. The alleged proceeds were routed through mule and shell accounts. Banking records, KYC details, digital evidence and transaction trails allegedly connected a recipient account with suspicious transactions and multiple cyber-fraud cases; part of the cheated amount was recovered or refunded.
August 23, 2026
CPI(M) accuses ED of ‘politically targeting’ Pinarayi Vijayan in CMRL case
Show AI Summary
Political targeting allegations challenge money-laundering enforcement actions, searches, questioning, and public disclosures in the CMRL investigation.
CPI(M) alleges that enforcement action under the Prevention of Money Laundering Act in the CMRL matter is politically motivated targeting of Pinarayi Vijayan, family members and party associates. It contends that searches, questioning and public communications during the investigation were used to create suspicion without incriminating evidence, and characterises references to hawala as a new investigative narrative. The party also alleges selective anti-money-laundering enforcement against opposition leaders and states that the company will address the CMRL-related matter.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Home › news › FEMA & RBI › 2026 › August, 2026 › This
Back

All News

whatsapp Join Channel
Showing Results for : Reset Filters
FEMA & RBI

PROVISIONAL ESTIMATES OF SERVICE PRODUCER PRICE INDICES (BASE YEAR 2022-23) FOR Q1 OF FY 2026-27 AND FINAL INDICES FOR Q4 OF FY 2025-26.

August 24, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Print Options

The Provisional Estimates of Service Producer Price Indices for Q1 of FY 2026-27 and Final Estimates for Q4 of FY 2025-26 are as below: -

S. No.

Service PPI

Q4: 2025-26 (F)

Q1: 2026-27 (P)

1.

Securities Transaction Service Price Index

91.7

89.9

2.(a)

Banking Service Price Index

100.5

100.9

2.(b)

Banking Service Contribution Index

131.5

134.8

3.

Management of Pension Funds Service Price Index

103.8

113.3

4.

Insurance Service Price Index

102.9

102.9

5.

Telecom Service Price Index

112.2

112.2

6.

Railway Service Price Index

103.3

103.4

6.(a)

Railway Freight Service Price Index

103.2

103.3

6.(b)

Railway Passenger Service Price Index

103.5

103.5

7.

Air (Passenger) Service Price Index

106.9

126.4

(P)-Provisional, (F)-Final

Note: Weights have not been assigned to aforementioned services as these services do not cover the entire service sector. However, sub-service level weights under each service, have been computed using the data of FY 2022-23 for arriving at the PPI of respective Services.

  1. The Service Producer Price Indices (Base Year 2022-23) and the Year-on-Year (YoY) inflation rate of the seven services for last four quarters are given at Annexure.
  2. Quarterly Service PPIs from Q1 of FY 2023-24 to Q1 of FY 2026-27 are available at (https://eaindustry.nic.in/download_data_2223.asp)

Service PPIs for seven services for Q2 of FY 2026-27 will be released on Wednesday, 25th November 2026.

Annexure

Service PPIs (Base Year 2022-23) for last four Quarters

S. No.

Service PPI

Q2: 2025-26 (F)

Q3: 2025-26 (F)

Q4: 2025-26 (F)

Q1: 2026-27 (P)

1.

Securities Transaction Service Price Index

92.4

89.2

91.7

89.9

2.(a)

Banking Service Price Index

103.6

102.2

100.5

100.9

2.(b)

Banking Service Contribution Index

129.7

132.0

131.5

134.8

3.

Management of Pension Funds Service Price Index

108.4

106.3

103.8

113.3

4.

Insurance Service Price Index

102.7

102.0

102.9

102.9

5.

Telecom Service Price Index

111.6

112.2

112.2

112.2

6.

Railway Service Price Index

101.3

102.6

103.3

103.4

6.(a)

Railway Freight Service Price Index

101.3

103.2

103.2

103.3

6.(b)

Railway Passenger Service Price Index

101.3

101.3

103.5

103.5

7.

Air (Passenger) Service Price Index

94.3

107.3

106.9

126.4

(P)-Provisional, (F)-Final

 Year-on-Year Inflation Rate for last four Quarters for Service PPIs (Base Year 2022-23)

S. No.

Service PPI

Q2: 2025-26 (F)

Q3: 2025-26 (F)

Q4: 2025-26 (F)

Q1: 2026-27 (P)

1.

Securities Transaction Service Price Index

-5.81

-4.80

0.55

-1.32

2.(a)

Banking Service Price Index

-2.81

-4.31

-4.10

-3.35

2.(b)

Banking Service Contribution Index

2.13

2.56

3.30

6.90

3.

Management of Pension Funds Service Price Index

1.59

-0.56

-0.76

5.20

4.

Insurance Service Price Index

0.10

-3.04

0.68

0.98

5.

Telecom Service Price Index

0.45

0.99

0.99

0.72

6.

Railway Service Price Index

-0.20

0.49

1.18

1.27

6.(a)

Railway Freight Service Price Index

-0.88

0.00

0.00

0.10

6.(b)

Railway Passenger Service Price Index

1.30

1.30

3.50

3.50

7.

Air (Passenger) Service Price Index

-

-

-

31.94

(P)-Provisional, (F)-Final

*****

Abhishek Dayal / Abhijith Narayanan

Topics

Acts Income Tax
Next ➔