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August 18, 2026
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Taxpayer service improvement and litigation reduction guide administrative planning for stronger infrastructure, systems, coordination and future tax department functioning.
Improvement of taxpayer services, reduction of tax litigation, infrastructure strengthening and preparation of an actionable roadmap for future Income Tax Department functioning were considered as operational priorities. Deliberations covered e-HRMS, service matters, reservation policy, systems administration, capacity building, expenditure budgeting, TDS administration, inter-agency coordination, and office infrastructure. Officials identified institutional challenges and priorities for strengthening taxpayer-facing and internal departmental functions.
August 18, 2026
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Duty-free UK market access strengthens export opportunities for Indian goods and services, supporting MSMEs, agriculture, manufacturing and global value-chain participation.
India-UK Comprehensive Economic and Trade Agreement provides duty-free access to the UK market for nearly all Indian exports and may improve the competitiveness of Haryana's manufacturing, agricultural, MSME and services sectors. Preferential access covers products including textiles, engineering goods, auto parts, processed foods and pharmaceuticals, while agricultural exports remain subject to exceptions for sensitive products. The agreement also provides market access across 137 UK services sub-sectors, supporting IT, digital, professional, financial and technical services and facilitating global value-chain participation.
August 18, 2026
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Youth banking outreach promotes campus engagement, financial awareness, responsible credit discipline and long-term access to formal banking services.
Public sector banks are urged to conduct a month-long "Banking for Youth" outreach campaign from 2 October 2026 for persons above 16 years of age. Outreach through educational and skill-development campuses should combine account opening, financial awareness and direct engagement. Banks should develop tailored youth strategies to build long-term banking relationships. Proposed measures include online learning content, lifestyle-linked benefits, dedicated youth banking support, and awareness of credit scores, credit products and government credit schemes. A dedicated youth banking-awareness portal may serve as a single access point for appropriate banking services and financial opportunities.
August 18, 2026
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Competition approval for Prudential's acquisition of equity shareholding in an Indian life insurer supports the proposed insurance-sector combination.
Competition approval has been granted for Prudential Corporation Holdings Limited to acquire certain equity shareholding in Bharti Life Insurance Company Limited. The acquirer is the holding company for its group's insurance and asset-management operations in Asia and supports operations in Asia and Africa. The target is an IRDAI-licensed Indian life insurer.
August 18, 2026
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Foreign remittance certification due diligence faces nationwide verification targeting shell entities, their controllers, and certifying professionals.
Nationwide verification of suspicious outward foreign remittances targets entities with little or no reported business activity, their controllers, and professionals issuing tax determination certificates. Scrutiny concerns remittances disproportionate to reported turnover, inconsistent with stated purposes, or linked to entities not operating from declared addresses. Form 15CB, or Form 146 under the corresponding framework, requires certifying accountants to assess taxability from books of account and relevant records, supporting tax deduction at source and treaty compliance through due care, diligence and professional judgment.
August 18, 2026
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Fair Price Shop regulation introduces graded stock-shortage penalties, mandatory FIRs for major discrepancies, and restructured licensing requirements.
Fair Price Shop regulation introduces quantity-based penalties for stock discrepancies, ranging from performance-guarantee forfeiture and replenishment obligations to interim suspension, cancellation-related action and mandatory FIR registration for major shortages. Repeated or deliberate diversion or manipulation of public distribution supplies may lead to cancellation, blacklisting and FIR registration. Licensing now includes continuing regular licences and short-term temporary licences, with wider eligibility, points-based selection, card-linked performance guarantees and compulsory approved e-PoS, weighing-scale and iris-scanner use.
August 18, 2026
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Priority sector lending strengthened rural credit access through agricultural, micro-enterprise and weaker-section finance, reinforcing financial inclusion and sustainable development.
Regional Rural Banks expanded rural credit delivery while maintaining strong Priority Sector Lending performance during FY 2025-26. Almost all Regional Rural Banks met the prescribed overall priority-sector target. Agriculture and allied activities remained the largest priority-sector component, with farm credit accounting for nearly all agricultural lending. MSME finance predominantly supported micro enterprises, rural entrepreneurs, artisans and small businesses. Lending to weaker sections and finance for housing, education, renewable energy and social infrastructure promoted inclusive access to institutional credit and sustainable rural development.
August 18, 2026
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Adjustable pallet racking systems support customised, scalable warehouse storage through configurable layouts, safety assessment, installation and lifecycle support.
Adjustable pallet racking systems are configurable warehouse-storage solutions for varied inventory dimensions, weights and product types. They support bulk pallet storage, multi-level picking and high-density configurations through adjustable beams and shelves, load-bearing capacity, structural durability and space-efficient layouts. Storage configurations are customised after assessing inventory dimensions, payload requirements, available space and material-movement frequency, with support for design, installation, inspections and after-sales service.
August 18, 2026
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Domestic consumption expansion targets lower-tier markets through improved retail channels, distribution networks, employment support and household income opportunities.
China has introduced measures to strengthen domestic consumption in counties, smaller cities, townships and rural areas. The measures include upgrading township commercial centres, rural markets and local fairs; encouraging domestic and international brands to establish regional debut stores; and reusing existing land resources to improve services. They also seek better services for elderly persons and children, stronger urban-rural distribution networks, county-level employment and resident income channels. The strategy supports a shift towards household consumption amid weak domestic demand, property-sector pressures and subdued consumer sentiment.
August 18, 2026
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Currency management preserves monetary sovereignty through clean notes, secure logistics, decentralised distribution, durable banknotes, and sustainable cash-cycle operations.
Currency management supports trust in cash and monetary sovereignty through demand planning, secure production, distribution, replacement, and disposal. The Clean Note Policy requires good-quality banknotes to be available in required denominations and locations, with unfit notes continuously withdrawn and replaced. A decentralised Currency Chest network distributes fresh currency, processes returned notes, supports linked bank branches, and operates under licensing, real-time reporting, inspection, and audit requirements. Current priorities include managing uncertain cash demand, improving note durability, and reducing the carbon footprint of the cash cycle.
August 18, 2026
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Independent investigation of alleged dubious transactions requires examination of all six allegations despite prior police conclusions.
Investigation into alleged dubious transactions involving Indiabulls Housing Finance Limited and related entities must cover all six allegations identified by the Enforcement Directorate. The CBI must independently examine five allegations previously reviewed by the Delhi Police Economic Offence Wing, irrespective of its conclusion, and submit a comprehensive report. Further investigation into the sixth allegation depends on the special PMLA court deciding the CBI's pending application, after which the CBI must provide a progress or status report.
August 18, 2026
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Boss scam prevention requires independent verification of payment requests and avoidance of malicious WhatsApp attachments that enable executive impersonation.
Boss scam, or CEO impersonation fraud, uses malicious WhatsApp attachments and impersonation of regulatory officials or company executives to obtain control of WhatsApp sessions and issue fraudulent payment instructions. The alleged network supplied SIM cards, dummy SIMs, WhatsApp accounts and one-time passwords to cyber-fraud operators, illustrating a Cybercrime as a Service model. Preventive measures include avoiding suspicious ZIP, executable, library and APK files and independently verifying all financial-transfer requests.
August 18, 2026
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Floating-rate personal loan prepayment protections prohibit charges and compulsory lock-ins for qualifying individual non-business borrowers from 2026.
Prepayment charges are prohibited for part or full repayment of qualifying floating-rate loans availed by individual borrowers for non-business purposes and sanctioned or renewed on or after 1 January 2026. Compulsory lock-in periods cannot restrict prepayment of such loans. Fixed-rate personal loans may still attract prepayment or foreclosure charges under lender policy and contractual terms. Borrowers should check the loan's rate type, sanction letter, loan agreement and key fact statement, where applicable, and compare applicable charges with potential interest savings before early repayment.
August 18, 2026
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Premium Basmati rice positioning drives Zeeba's packaging refresh and ambassador-led campaign focused on quality, authenticity and domestic expansion.
Zeeba has refreshed its packaging and appointed Chef Vikas Khanna as global brand ambassador to support expansion in India. Its "Aisa Basmati Nahi Dekha" campaign positions the brand around export-quality Basmati rice, consistency, authenticity and a superior culinary experience. Promotional activity will extend across digital, retail and consumer touchpoints. The premium Basmati range is described as carefully sourced, naturally aged and processed according to global quality standards, with emphasis on grain quality, authentic taste, purity and consistency.
August 18, 2026
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Silver-collateral lending creates a formal secured-credit channel for eligible borrowers, subject to regulatory requirements and lender policies.
Loans against silver collateral have been introduced following the Reserve Bank of India's Lending Against Gold and Silver Collateral Directions, 2025, enabling eligible regulated lenders to accept silver as security. The offering provides a formal and transparent credit channel against eligible silver jewellery, ornaments and approved silver coins. It is intended for individuals, proprietors and MSMEs requiring liquidity for personal, business and other legitimate financial needs, subject to lending policies and applicable regulatory requirements.
August 18, 2026
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Healthcare discount membership provides instant savings on out-of-pocket care at participating premium providers without insurance claims or paperwork.
CarePass is a healthcare savings membership card providing instant point-of-billing discounts at participating premium healthcare providers across India. It covers out-of-pocket spending on hospital treatment, diagnostics, dental, vision, dermatology, hair and skin care, and IVF and maternity services, without claim processing, waiting periods or paperwork. Members present a digital CarePass at a participating provider to receive the applicable discount. Four membership tiers offer differing benefits, with higher tiers including tele-consultations and annual health checks. CarePass is a discount membership and not an insurance product.
August 18, 2026
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EXIM operations at Vizhinjam commence with container movement, supported by investor facilitation, infrastructure backing and port-led logistics development.
EXIM operations at Vizhinjam international seaport commenced with the flagging off of two containers after a successful trial export shipment. The state government proposes investor engagement, regulatory facilitation and infrastructure support to expand global export activities through the port. Mission Samudra is to operate as a port-led industrial and logistics development scheme. The deep-water port was developed under a public-private partnership model and had received commercial commissioning certification.
August 18, 2026
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Money-laundering investigation under PMLA expands through searches into alleged consultancy payments linked to CMRL and Exalogic Solutions.
Money-laundering investigation under the Prevention of Money Laundering Act involves fresh searches connected with Cochin Minerals and Rutile Ltd and Exalogic Solutions. The inquiry concerns alleged fraudulent payments made under the guise of IT consultancy services and a purported money trail involving persons allegedly connected with those transactions. The action follows earlier searches and questioning in relation to the same matter.
August 18, 2026
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Recruitment examination irregularities trigger money-laundering investigation into alleged bribery, paper leaks, answer-sheet tampering, and preferential veterinary officer selections.
Money-laundering investigation under the Prevention of Money Laundering Act concerns alleged irregularities in veterinary officers' final selection through a public recruitment examination. Searches covered premises linked to commission officials, alleged intermediaries, the digital evaluation entity, and selected candidates. Allegations include bribery demands, examination-paper leakage, OMR answer-sheet tampering, and facilitation of selection for relatives of commission officials.
August 18, 2026
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Export-import operations advance through operational preparedness review and planned port-led industrial and logistics development initiatives.
Operational preparedness for full land-based export-import operations at Vizhinjam Seaport was reviewed, including the Vehicle Traffic Management System. EXIM cargo operations follow a trial shipment of the port's first export container to Valencia. Mission Samudra is proposed to support port-led industrial and logistics development alongside these operations. The deep-water port was developed through a public-private partnership model and had obtained commercial commissioning certification before its dedication to the nation.

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Union Minister of Commerce and Industry Shri Piyush Goyal Calls for Trained Caregivers and Wider Hospital Participation in Heal in India Gateway

September 7, 2026

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Shri Goyal Underscores the Importance of Seamless Patient Journeys, Global Promotion of Indian Healthcare and Quality-Focused Expansion Across States

India Should Target 10 Million Medical Value Tourists Annually: Shri Goyal

India’s Clinical Excellence, Advanced Technologies and 60–80% Lower Healthcare Costs Offer Huge Potential to Serve the World

Shri Goyal Stresses Quality, Professional Integrity and Zero Tolerance for Corruption in Healthcare Certification

Union Minister of Commerce and Industry Shri Piyush Goyal today outlined a five-point action plan to strengthen India’s medical value tourism ecosystem and position the country as a gateway for international health and wellness services with the highest quality standards. Addressing the inaugural ceremony of Sanjeevani 2026 at Bharat Health Global Expo 2026 in New Delhi, Shri Goyal said the first priority should be to train and certify caregivers and develop a skilled workforce capable of providing healthcare of international standards.

The second point, he said, should be to encourage more hospitals to join the Heal in India gateway and publish honest and transparent treatment packages. He stressed that hospitals must follow ethical practices and never attempt to cheat patients, as one wrong action can lead to loss of goodwill, business and credibility for India.

As the third point, Shri Goyal called upon insurers and health-tech companies to build products and platforms that make the patient journey more seamless, ensuring timely reimbursements and greater availability of cashless payments. He also suggested that teleconsultations and telemedicine could be incorporated in a big way as an initial part of the medical value tourism journey.

The fourth point was the need to organise exhibitions and presentations across the world, establish facilitators and tie-ups with hospitals globally, and ensure that only National Accreditation Board for Hospitals & Healthcare Providers (NABH)-enabled, verified and panelled hospitals are allowed to treat patients coming from abroad. He stressed that NABH must maintain the highest standards with zero compromise.

As the fifth point, the Minister urged States to focus on quality in hospitals and wellness centres, expand their networks, make good-quality facilities globally visible and market these facilities for the welfare of patients. He called for medical value tourism to expand beyond metropolitan cities to Tier-2 and Tier-3 cities, creating jobs, opportunities and infrastructure while also helping upgrade healthcare for Indian patients.

Shri Goyal also suggested creating a pool of interpreters for patients arriving from different countries and speaking different languages, so that they have greater confidence and communication between patients and the medical system becomes easier.

The Minister emphasised that quality healthcare cannot be different for Indians and foreigners. He said India must ensure that every Indian patient receives the same high-quality healthcare as anyone coming from across the world. He said the country must give to its brothers and sisters what it would wish to receive itself and provide the same quality of healthcare to every person from India or abroad, without discrimination between rich and poor.

Shri Goyal stressed that those who entrust their lives to India by coming here for treatment must be treated with the highest care, concern and compassion. He said patients travelling abroad for healthcare, whether from Africa, Asia, America or Europe, experience anxiety as they enter a new country and seek clarity, dignity, ethical best practices and high integrity. They place their trust in India at every stage of their healthcare journey.

Highlighting the potential of India’s medical value tourism sector, Shri Goyal said India has clinical excellence, advanced technologies and healthcare costs 60-80 per cent lower than in other parts of the world, particularly the developed world. He said India also has compassion in abundance and appreciated the care and concern demonstrated by medical professionals across the country, from small nursing homes and doctors’ clinics to large municipal, private and government hospitals, often while working under considerable constraints.

The Minister said India’s pharmaceutical industry, medtech sector, diagnostics, traditional medicines including Ayurveda, Yoga and Unani, doctors, technicians, nurses, caregivers and hospitals collectively constitute the country’s strength and can make medical value tourism a potent instrument for serving the world. He said the sector has the potential to take India to the world, earn goodwill and serve people globally while creating a huge number of jobs and business opportunities in the manufacture of drugs, medical equipment and consumables, delivery of these products, hospital infrastructure and employment for doctors, teachers, nurses, technicians and other professionals.

Shri Goyal said that while 3.5 million patients have benefited from India’s medical value tourism ecosystem in the last seven years, the country’s target should be 10 million patients a year. He said India has the ability, capability, right doctors and the right ecosystem to achieve this. He emphasised that high standards, ethics, integrity and honesty must be maintained and urged healthcare providers to go the extra mile in caring for international patients.

Referring to the changing global healthcare landscape, Shri Goyal said the world is ageing while India is young and that many new-age diseases are spreading across the world. Healthcare costs are increasing and many parts of the world face long waiting lists even for doctors’, dentists’ and radiologists’ appointments, along with shortages of tertiary care. He said countries with which India is engaging through FTAs and business discussions want high-quality pharmaceuticals, doctors, technicians, nurses and caregivers from India in large numbers.

The Minister underlined the importance of preventive healthcare and the wellness ecosystem, referring to Ayurveda in Kerala and its spread across the country, wellness centres in the hills, and the care provided by nurses and young men and women working in the healthcare system. He said India is the land which can serve best and urged stakeholders not to miss the opportunity presented by the medical value tourism sector.

Emphasising collaboration, Shri Goyal said the purpose of Bharat Health was to bring the entire fragmented healthcare sector together and called upon stakeholders to work as collaborators and in cooperation with each other as a team.  Shri Goyal said the healthcare sector is a perfect example of the need for collaboration and cooperation, as even a small error can have serious consequences.

He said India must maintain high-quality benchmarks and make quality visible to patients. He called for the scaling up of medical value tourism while maintaining high standards and said India should become the gateway for international health and wellness services with the highest quality standards available anywhere in the world.

Shri Goyal said the world is looking to India for high-quality pharmaceuticals, doctors, technicians, nurses and caregivers, and that India has the potential to respond to this demand. He reiterated that the sector presents an opportunity to serve the world while creating economic opportunities and societal benefits.

On healthcare for Indians, Shri Goyal highlighted Ayushman Bharat, under which poor people and their families do not have to worry about healthcare expenses when someone falls sick, as the government pays for their healthcare. He also highlighted the provision for all persons above 70 years of age, irrespective of income, to receive an additional healthcare cover of ₹5 lakh.

Shri Goyal said India’s approach to healthcare has always been guided by the principle of serving the world. Referring to the Upanishadic expression “Sarvesantu Niramaya”, meaning “may all beings be free from illness”, he said India has never viewed healthcare only within the boundaries of the country and has for thousands of years regarded healthcare as a shared responsibility of the entire world. He described “One World, One Health” as part of this basic ethos.

Recalling India’s response during the COVID period, Shri Goyal said India provided vaccines free of charge to countries that could not afford them and supplied vaccines to others at very low cost. While vaccines from the developed world were sold for around 25-30 dollars, Indian vaccines were available at around 2-3 dollars a dose. Shri Goyal stressed that India never profiteered at the cost of somebody else’s misery.

The Minister recalled that when medicines required during COVID were available in India, Prime Minister Shri Narendra Modi decided to impose export restrictions on medicines being used at that time. He said that although very few medicines were proven for the treatment of COVID, paracetamol, certain other medicines, injections, injectables and consumables were required. He explained that export controls were introduced to safeguard India’s stock of medicines from being purchased or cornered by unscrupulous traders, certain companies or rich nations. Otherwise, only the rich could have received treatment while poorer and less-privileged populations, developing countries and India’s poor and lower-middle-class population could have been deprived of these medicines.

Shri Goyal said India not only ensured that everyone in the country who needed medicines received them, but also ensured equitable distribution of available medicines and equipment to countries across the world, whether rich or poor. More than 100 countries received medicines free of charge. He stressed that India did not profiteer from what it had and shared resources with others either free of charge or at cost.

Calling this the ethos of India, Shri Goyal said the third edition of Sanjeevani is bringing to the fore the potential contribution India can make to serve the country and the world. He said India must continue to ensure that healthcare for its own people is not compromised and referred to the various ways in which quality and timely healthcare are being made available.

The Minister also emphasised the importance of quality, ethics and integrity in the healthcare ecosystem. He said quality will determine the future of India and described the Quality Council of India as one of the most important organisations if India is to become a developed nation by 2047. He said maintaining high standards would be central to India’s future.

Shri Goyal stressed the importance of professional integrity in certification and said that the NABH system should be professionally run and free from influence. He stated that the Ministry or Government has not referred a single case and that the system is professionally managed. He urged stakeholders to complain if NABH or any certifying body engages in unethical practices and to approach the Ministry if such issues arise. He said the single largest focus of the Government is to eliminate corruption.

Shri Goyal concluded by reiterating that India must provide the same high-quality healthcare to every Indian patient as it provides to anyone coming from across the world. He said that just as every person wants the best healthcare for themselves and their families, it is the duty of the healthcare ecosystem to provide the same quality of healthcare to every single brother and sister from India or abroad, without discrimination between rich and poor.

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