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    Sugar prices soar to Rs 70 per kg ahead of festive season in Bengal, jaggery also dearer
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August 21, 2026
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Sugar supply pressures drive festive-season price increases as imports, stockholding limits and ethanol diversion shape market conditions.
Sugar prices in Bengal have risen sharply ahead of the festive season, with higher prices also affecting jaggery and other sugar-derived products. Supply constraints, mill stock releases, lower production in Brazil, ethanol diversion and possible hoarding have been identified as contributing factors. Raw-sugar imports have been permitted to augment availability, while stockholding restrictions limit inventories of specified bulk consumers. Lower projected closing stocks and possible future production effects from El Nino may sustain pressure on sugar availability and increase costs for sweetmeat producers.
August 21, 2026
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Foreign currency inflows and FCNR(B) deposits supported rupee sentiment, while oil prices and geopolitical risks constrained currency strength.
The rupee strengthened marginally against the US dollar as the dollar index softened, but elevated crude oil prices, geopolitical uncertainty, reduced foreign participation and net foreign equity outflows constrained currency sentiment. RBI measures to attract foreign currency inflows, including FCNR(B) deposits, were expected to generate substantial inflows, although these had not produced meaningful rupee strength. Energy-market disruption and restrictions on fuel exports through the Strait of Hormuz added to external-sector pressures.
August 21, 2026
Show AI Summary
Sovereign security production priorities emphasise compliance, modernisation, employee innovation and operational excellence across currency, passport and coinage manufacturing.
SPMCIL performs a sovereign production mandate covering secure currency, coinage, passports and other products of national importance through its mints, currency presses, security presses and paper mill. Modernisation, compliance, transparency, efficiency, productivity, quality and corporate governance support the fulfilment of sovereign requirements. Individual employees and units were recognised for performance in productivity, environment and safety, energy conservation, knowledge and development, vigilance, and official-language implementation.
August 20, 2026
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Customs enforcement against suspected gold smuggling leads to baggage seizure and apprehension of the alleged intended receiver.
Customs officers intercepted an arriving passenger at the green channel on intelligence inputs and examined baggage after X-ray screening indicated suspicious images. The examination recovered two oval capsules containing gold paste concealed in the baggage. Interrogation indicated that an alleged receiver was waiting outside the airport to collect the suspected smuggled gold. Customs officers apprehended the alleged receiver, and further investigation remains underway.
August 20, 2026
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Provincial alcohol sales restrictions remain subject to economic impact assessment under proposed bilateral trade agreement negotiations.
Provincial control over alcohol distribution remains distinct from federal trade-making authority. Quebec retains authority over whether United States alcohol is offered through its government-controlled liquor distribution system, despite lacking a veto over a bilateral trade agreement. Federal requests to restore United States alcohol to retail shelves cannot compel provincial action. Proposed trade commitments also concern restrictions on United States agricultural products and Canada's dairy import regime, which applies lower tariffs within designated import volumes and higher duties beyond those volumes.
August 20, 2026
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Electoral-roll verification found no reported cases of specified foreign nationals receiving identity-linked benefits or voter registration.
Electoral-roll special intensive revision recorded no reported cases of Pakistani, Bangladeshi or Iranian nationals obtaining Aadhaar cards, ration cards, other government benefits, or voter registration. Illegal immigrants are identified through police monitoring, intelligence measures, specialised operations and a Special Task Force. Overstayers are recorded through the District Police Module and Foreigners Identification Portal and produced before Foreigners Regional Registration Officer authorities. Persons found to be residing illegally are reported to the concerned central divisions, proceeded against through registered cases, retained pending case disposal and exit permits, and subjected to deportation steps.
August 20, 2026
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Raw sugar tariff-rate quota permits duty-free imports while bulk consumers face consumption-based sugar stockholding limits.
Raw sugar imports are permitted duty-free under a tariff rate quota until 31 October 2026, with online allocation to eligible millers and refiners having functional refining capacity. Applicants must provide a refining-capacity declaration and supporting Consent to Operate; preference applies to importers undertaking timely completion of imports, while non-utilisation or failure to surrender allocations constitutes non-compliance. Bulk sugar consumers meeting the prescribed consumption threshold are subject to a stock cap of 15 days' consumption from 1 September to 30 November 2026.
August 20, 2026
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Duty-free raw sugar imports under tariff rate quota seek to improve domestic supply and contain rising sugar prices.
Duty-free import of 10 lakh metric tonnes of raw sugar is permitted under a tariff rate quota until 31 October 2026. The import-policy measure seeks to increase domestic raw-sugar availability and restrain rising local prices amid reduced opening stocks. Price-containment measures also include a stockholding limit for bulk consumers using more than 10 tonnes of sugar monthly, restricting holdings to 15 days' consumption.
August 20, 2026
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Reservation policy implementation is strengthened through capacity building, uniform institutional practices, welfare measures, and improved financial accessibility for Divyangjans.
Reservation policy implementation across Public Sector Banks, Public Sector Insurance Companies, sectoral regulators and Public Financial Institutions is being strengthened through a capacity-building workshop. The programme seeks uniform and effective application of Government reservation policies and related welfare measures. Senior human-resource functionaries and Chief Liaison Officers considered practical implementation issues, actionable measures for consistency, and operational concerns. It also focuses on improving accessibility of financial services for Divyangjans.
August 20, 2026
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Startup ecosystem support expands through digital infrastructure, mentorship, market linkages and specialised assistance for energy and climate-tech innovation.
DPIIT's collaborations with PhonePe and Shell India create support mechanisms for DPIIT-recognised startups through technology access, digital infrastructure, mentorship, market opportunities and industry networks. PhonePe will provide transaction credits, access to the Indus AppStore, onboarding support, brand visibility, and training on fintech, sales, go-to-market strategy and business scaling. Shell India will assist energy and climate-tech startups through mentorship, strategic guidance, investor and incubator connections, participation opportunities, and knowledge-sharing materials on innovation and best practices.
August 20, 2026
Show AI Summary
India-Singapore economic cooperation advances through trade, investment, technology and business linkages, including agriculture, fintech and sustainable infrastructure collaboration.
India-Singapore economic cooperation was advanced through ministerial, business and government-to-business engagements focused on deepening bilateral trade, investment, technology and commercial linkages. Discussions addressed agri-exports, GCC-based commercial parks, fintech and sustainable infrastructure, alongside expanding agricultural market linkages. The engagements reinforced commitment to strengthening trade, investment, technology and business-to-business cooperation.
August 20, 2026
Show AI Summary
Responsible AI banking requires human oversight, explainable customer decisions, fair conduct, resilient systems and inclusive credit access.
Responsible AI in banking must promote inclusion, resilience and customer trust while preserving human judgement, governance accountability and clear responsibility. AI and alternative data may widen access to credit where data is obtained with consent, tested for reliability and bias, and used prudently. Banks must maintain capacity to challenge models, oversee providers, test systems under adverse conditions and intervene when automation fails. Material customer decisions must be explainable, clearly communicated and subject to review by an authorised person. Fair conduct, meaningful disclosure, impartial complaint review and transparent communication remain essential throughout the customer relationship.
August 20, 2026
Show AI Summary
Multi-Currency EEFC settlements let exporters retain foreign earnings and choose conversion timing for overseas payment obligations.
Multi-Currency EEFC Account settlements enable exporters and international businesses to receive payment settlements directly into Exchange Earners' Foreign Currency accounts in the original transaction currency without immediate conversion into Indian rupees. Retention of foreign currency earnings permits businesses to choose when conversion is required, reducing repeated foreign-exchange conversion cycles and supporting management of foreign-currency cash flows and overseas obligations.
August 20, 2026
Show AI Summary
Power semiconductor foundry expansion targets Indian fabless customers through technology showcasing, process development, and collaboration in the growing semiconductor market.
DB HiTek seeks to expand foundry business with Indian fabless semiconductor companies by showcasing power semiconductor and specialised process technologies. Its commercial focus includes BCD processes for automotive and industrial applications, together with silicon-carbide and gallium-nitride process development and planned volume production. Product-performance evaluations are underway with strategic customers. Customer expansion also covers X-ray, global-shutter, single-photon avalanche diode, specialty CIS, and mixed-signal/RF processes, supported by collaboration with local fabless firms.
August 20, 2026
Show AI Summary
Money-laundering allegations over payments without services raise concerns about overseas transfers, identity-linked communications, and mineral smuggling.
Money-laundering allegations concern claimed payments by Cochin Minerals and Rutile Ltd. to Exalogic Solutions Pvt. Ltd., a company promoted by Veena T., without corresponding services. Searches reportedly yielded handwritten material referring to fund transfers to Dubai and digital material relating to a SIM card obtained in another person's name. Further allegations included overseas fund movement, hawala transfers, and possible thorium or monazite smuggling, all presented as allegations requiring examination.
August 20, 2026
Show AI Summary
Exchange stabilisation support aims to strengthen foreign-exchange resilience, reduce rollover dependence and restore access to longer-term market financing.
Pakistan has sought a proposed Exchange Stabilisation Support Facility to reinforce foreign-exchange stability and signal currency resilience to international capital markets. The strategy seeks to reduce reliance on short-term bilateral loans, deposits and rollovers by moving towards market-based financing with longer repayment periods. Improving sovereign creditworthiness through engagement with credit-rating agencies is intended to facilitate international market access, lower borrowing costs and enable longer-maturity debt raising.
August 20, 2026
Show AI Summary
Elephant ivory trade prohibition supports enforcement against wildlife trafficking, seizure of carved ivory articles, and further investigation.
Illicit trade in elephant ivory and articles manufactured from it is prohibited under the Wildlife (Protection) Act, 1972, supporting India's CITES obligations. Enforcement action against a wildlife-trafficking syndicate resulted in the interception of four persons and seizure of 54 carved ivory artefacts. The seized articles and apprehended persons were transferred to the State Forest Department for further investigation. The action forms part of continuing measures against unlawful trade in wildlife derivatives and biodiversity threats.
August 20, 2026
Show AI Summary
Trade deficit pressures persist as energy-import costs and currency weakness offset record automobile and electronics export growth.
Japan recorded its highest July import and export values since comparable statistics began, but continued to experience a trade deficit as rising energy costs increased import expenditure. Higher crude oil prices and disruption to Middle East supply routes affected an economy reliant on imported oil, while a weak yen raised the cost of fuel, food and raw materials. Strong automobile, semiconductor and electronics exports benefited from currency weakness, which also increased the yen value of overseas earnings.
August 19, 2026
Show AI Summary
Forged health-scheme cards allegedly enabled ineligible treatment and misuse of public healthcare funds through false beneficiary details.
Alleged misuse of Ayushman health-scheme cards involved collecting identity and ration-card details by promising free treatment, then creating forged beneficiary cards with false particulars. The alleged scheme enabled treatment for ineligible persons and purported claims of government health-scheme funds. Police arrested five persons, recovered purported forged identity and beneficiary cards, and are investigating possible involvement of hospital and medical-office personnel, the scale of card forgery, and alleged diversion of public funds.
August 19, 2026
Show AI Summary
MSME competitiveness requires affordable credit, technology adoption, formalisation, sustainable trade and stronger export-market access for inclusive growth.
MSME development is identified as central to employment generation, exports, entrepreneurship, economic resilience and self-reliance. Key priorities include affordable credit, technology upgradation, supply-chain integration, market access, brand-building and reduced red tape. Formalisation of micro industries is emphasised to expand institutional credit access, while sustainable trade is promoted through green technologies and renewable energy. Export competitiveness is to be strengthened through regional production capabilities and the "One District, One Export Hub" initiative.

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News and Press Release

Flash Report on Central Sector Infrastructure Projects worth ₹150 crore and above

August 25, 2026

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PAIMANA Portal tracks 1,775 Infrastructure Projects worth ₹37.11 lakh crore as of July 2026

The Ministry of Statistics and Programme Implementation (MoSPI) continues to strengthen monitoring of Central Sector infrastructure projects through its PAIMANA platform, enabling improved tracking, timely reviews, and data-driven decision-making across Ministries. The portal tracks 1,775 Infrastructure Projects worth of ₹37.11 lakh crore as of July 2026.

Key Highlights

  • As of July 2026, 1,775 ongoing infrastructure projects, with a total revised cost of ₹37.11 lakh crore, are being monitored across 17 Central Ministries/Departments. The cumulative expenditure incurred on these projects stands at ₹19.26 lakh crore, accounting for approximately 51.91 per cent of the revised project cost, indicating steady progress in project implementation.
  • A significant proportion of projects are at advanced stages, with 675 projects (~38%) achieving over 80% physical progress, while 305 (~17%) have crossed 80% financial completion. The data also reflects a balanced pipeline, with projects distributed across early and advanced stages of implementation.
  • The Transport & Logistics sector (as per the DEA’s Harmonized Master List) accounts for the highest number of ongoing projects (1246 projects), with revised estimates of ₹19.81 lakh crore underscoring priority to connectivity-driven infrastructure growth.
  • 1,775 ongoing infrastructure projects include 735 Mega projects (project cost of ₹1,000 crore & above) with an original cost of ₹28.77 lakh crore, and 1,040 Major projects (project cost below ₹1,000 crore and up to ₹150 crore) amounting to ₹4.93 lakh crore.
  • Physical and financial progress broadly move in tandem, with a large number of projects clustered at the initial (0–20%) and advanced (81–100%) stages, indicating a pipeline of newly-started projects alongside many nearing completions. While physical progress exceeds financial progress in the 81–100% range, financial progress is relatively higher in the early stages, reflecting upfront expenditure patterns in project implementation.

2.   Ministry/ Departments-wise progress of Infrastructure Projects

  • Ministry of Road Transport & Highways accounts for the highest number of projects, with 993 projects (56%), and a share of total revised project cost of ₹9.62 lakh crore (26%), highlighting its central role in national infrastructure development.
  • Ministry of Railways is implementing 190 projects (11%), with a total revised project cost of ₹6.38 lakh crore (17%).
  • Ministry of Coal accounts for implementing 121 projects (7%), with a total revised project cost of ₹2.22 lakh crore (6%).
  • The Ministry of Petroleum & Natural Gas, Ministry of Power, Ministry of Housing & Urban Affairs, and the Department of Water Resources, River Development & GR are implementing 103, 98, 50, and 38 projects, with associated revised costs of ₹4.23 lakh crore, ₹6.08 lakh crore, ₹3.78 lakh crore, and ₹2.01 lakh crore, respectively.
  • The remaining 182 projects (10%), with a total revised cost of ₹2.78 lakh crore (8%), are distributed across various Ministries/Departments including Higher Education, Civil Aviation, Steel, Telecommunications, Labour & Employment, Ports, Shipping & Waterways, Health & Family Welfare, Mines, DPIIT, and Sports. (Refer Annexure I)

3.   Sector-wise (as per DEA’s Harmonized Master List of Infrastructure) Progress of Infrastructure Projects

  • Transport & Logistics remains the dominant sector, accounting for 53% of total revised project cost (₹19.81 lakh crore) across 1,246 projects (70% of the total Projects), underscoring the central role of Roads & Highways, Railways, Aviation, Urban Public Transport, Shipping, and Inland Waterways in economic integration and logistics efficiency.
  • The Energy sector follows with 29% of aggregated revised cost (₹10.66 lakh crore) across 205 projects, reflecting sustained emphasis on Oil & Gas infrastructure, electricity generation, transmission and distribution networks, and energy storage systems.
  • Communication infrastructure, with a project cost of ₹1.34 lakh crore (4%) across 31 projects, represents targeted interventions aimed at strengthening digital connectivity.
  • Water & Sanitation projects account for ₹2.05 lakh crore (5%) across 53 projects, highlighting continued focus on essential urban services.
  • Social & Commercial infrastructure, comprising 91 projects with a revised project cost of ₹0.99 lakh crore (3%), reflects selective investments in education, healthcare, real estate, and tourism, hospitality and wellness.
  • Projects classified under ‘Others’, amounting to ₹2.26 lakh crore (6%) across 149 projects, indicate diversification across sectors such as coal, steel, metals, and mining.

(Refer Annexure II)

4.   Completed Projects and New Additions

  • During July 2026, notable commissioned projects include-
    • Project – “Srikakulam Angul Gas Pipeline Project” (₹2,810 crore) of Ministry of Petroleum & Natural Gas.
    • Project – “Aligarh-Kanpur Pkg I [Aligarh-Bhadwas]” (₹2,069.6) and “Dwarka Expressway Pkg-III Delhi/HR Border to Start of RoB Gurugram (₹2298.37)” of Ministry of Road Transport & Highways.
    • Project – “Transmission System for Evacuation of power from Potential RE Zone in Khavda Area of Gujarat under phase IV 7GW-Part E4” (₹ 224.41 crore) of Ministry of Power.
  • During July 2026, 36 additional projects were brought under the monitoring of PAIMANA. Of these 16 are from Department of Telecommunications, 9 are from Ministry of Steel, 6 are from the Ministry of Road Transport & Highway, 3 are from Department for Promotion of Industry & Internal Trade, 1 from Ministry of Housing & Urban Affairs and 1 from Ministry of Power. These include:
  • “Meja Thermal Power Project, Stage-II, (3x800 MW)” (₹ 38,358 crore)
  • Jaipur Metro Rail Project Phase 2 (Prahladpura to Todi Mod)” (₹ 13,037.66 crore).
  •  “6 Lane Greenfield Varanasi- Ranchi- Kolkata Highway from Chatra to junction with NH- 100 in Deoria village from km 222.000 to km 253.000 Pkg -9” (₹ 1,418.16 crore).

5.   Next date of Press Release: Flash Report for the month of August 2026 would be released on 25th September 2026.

Note

  1. The press release summarizes highlights from the MoSPI’s Flash Report (July 2026) on Central Sector Infrastructure Projects (₹150 crore and above), available at https://paimana-proj.mospi.gov.in/ or via the QR code(below).
  2. The project monitoring interface of PAIMANA is renamed as PAIMANA-PROJ (earlier called as PAIMANA). Further, the PAIMANA-CRIP (Central Repository of Infrastructure Projects), launched by MoSPI in July 2026, serves as the underlying data repository/input layer. Nearly 80% of data are updated via API’s on PAIMANA-CRIP portal that serves as a national central repository of infrastructure projects contributing towards standardized infrastructure monitoring and support informed decision-making for nation-building.

Annexure I

Ministry/ Departments-wise progress of Central Sector Infrastructure Projects

S. No

Ministry/ Department

Project Count (number)

Revised Cost

(₹ Lakh cr.)

Cumulative Expenditure           (₹ Lakh cr.)

1

Ministry of Road Transport & Highways

993

9.62

4.61

2

Ministry of Railways

190

6.38

4.59

3

Ministry of Coal

121

2.22

0.60

4

Ministry of Petroleum & Natural Gas

103

4.23

2.28

5

Ministry of Power

98

6.08

2.10

6

Ministry of Housing & Urban Affairs

50

3.78

1.97

7

Department of Water Resources, River Development & GR

38

2.01

1.42

8

Ministry of Health & Family Welfare

35

0.26

0.11

9

Department of Telecommunications

31

1.34

1.03

10

Department of Higher Education

30

0.15

0.09

11

Ministry of Steel

27

0.30

0.13

12

Ministry of Civil Aviation

25

0.23

0.12

13

Department for Promotion of Industry & Internal Trade

12

0.21

0.02

14

Ministry of Labour and Employment

9

0.02

0.01

15

Ministry of Ports, Shipping and Waterways

6

0.14

0.10

16

Ministry of Mines

6

0.12

0.07

17

Department of Sports

1

0.01

0.01

 

Grand Total

1775

37.11

19.26

 

Annexure II

Sector-wise (as per DEA’s Harmonized Master List of Infrastructure) progress of Central Sector Infrastructure Projects

S. No

HML Category

Project Count

(number)

Revised Cost      (₹ Lakh cr.)

Cumulative Expenditure      (₹ Lakh cr.)

1

Transport & Logistics

1246

₹ 19.81

11.23

2

Energy

205

₹ 10.66

4.43

3

Water & Sanitation

53

₹ 2.05

1.45

4

Social & Commercial

91

₹ 0.99

0.39

5

Communication

31

₹ 1.34

1.03

6

Others

149

₹ 2.26

0.73

 

Total

1775

37.11

19.26

***

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