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    PROVISIONAL ESTIMATES OF WHOLESALE PRICE INDEX, OUTPUT PRODUCER PRICE INDEX, AND TRIAL INPUT PRODUCER PRICE INDEX FOR THE MONTH OF JULY 2026, AND FINA...
    Logistics Data Bank Tracks 10 Crore EXIM Containers, Provides Visibility across Logistics Chain
    APEDA and Government of Tripura Organise International Organic Buyer-Seller Meet to Expand Global Market Linkages
    WPI inflation eases to 9.78 pc in July on softening in fuel prices
    IDFC FIRST Bank secures its first international rating with Investment Grade from S&P Global Ratings
    DRI busts illegal drug manufacturing facility in Jewar, UP; 30 kg drugs seized and two persons arrested
    UCO Bank launches IFSC Banking Unit at GIFT City
    Banking sector has key role to play as India on way to become 3rd largest economy: Gujarat CM
    India's exports to US rise 12.85 pc in Jul; shipments to China jump 64.57 pc: Govt data
    50 tonnes of copper without e-way bills seized by Delhi GST, Railways joint team
    India's exports surge 19.6 pc in Jul; trade deficit widens to six-month high
    CBI ARRESTS CGST SUPERINTENDENT IN BRIBERY CASE
    The cumulative exports (merchandise & services) during April-July 2026-27 is estimated at US$ 316.42 Billion, as compared to US$ 279.63 Billion in Apr...
    Unlimit Mobile Ties Up with ICICI Bank Canada, RBC Royal Bank to Add Mobile Connectivity Benefits to Student GIC Journey
    Standard Chartered Accelerates India's GCC Growth with its Global Banking Expertise and 25 Years of GCC Experience
    IFSCA Grants Nexent Capital GIFT City Investment Banking License
    India's exports rise 19.63 pc to USD 44.24 bn in Jul; trade deficit widens to $31.98 bn
    Vizhinjam port to commence EXIM operations from Aug 18: Kerala CM Satheesan
    Ratul Puri: Beyond Low-Cost Power to Clean Energy Reliability
    PMS Bazaar Collaborates with NSDL Database Management Limited (NDML Accreditation Agency) to Expand Access to SEBI Accredited Investor Certification
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    August 14, 2026
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    Wholesale and producer price indices show July inflation movements, provisional estimates, final revisions, and manufacturing input-price trends.
    Wholesale Price Index, Output Producer Price Index, and trial Input Producer Price Index estimates under the 2022-23 base-year series set out provisional July 2026 measures and final May 2026 revisions. All-commodities WPI stood at 110.0 in July 2026, with year-on-year inflation of 9.78 per cent. The all-commodities Output PPI was unchanged at 109.9, while the trial Input PPI for manufacturing was provisionally estimated at 105.9. Final May WPI, Output PPI and trial Input PPI measures were revised from their respective provisional estimates.
    August 14, 2026
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    Logistics data visibility enables EXIM container tracking, operational analytics and multimodal shipment monitoring across India's logistics chain.
    Logistics Data Bank provides near real-time visibility of India's EXIM container movement through technology-based tracking and stakeholder monitoring tools. RFID-based coverage extends across ports, terminals, inland logistics facilities, rail networks, industrial zones, borders and highways. The platform uses RFID, Internet of Things, Big Data and Cloud technologies, with analytics on dwell time, transit time, and port and terminal performance to identify logistics bottlenecks. LDB 2.0 adds high-seas tracking of export containers and multimodal shipment visibility.
    August 14, 2026
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    International organic buyer-seller linkages support Tripura producers through direct sourcing engagement, market access and sustainable export opportunities.
    International Organic Buyer-Seller Meet in Tripura created a direct platform for organic producers, Farmer Producer Organisations, exporters and international buyers to explore sourcing opportunities, market requirements and long-term commercial linkages. Organic and naturally produced goods, including Queen Pineapple, GI-tagged Kalikhasa Rice, organic ginger and turmeric, black sesame, jackfruit and scented lemon, were showcased through product displays and producer interactions. The initiative seeks to strengthen global market access, sourcing partnerships and income opportunities for organic farmers.
    August 14, 2026
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    Wholesale price inflation moderation was driven by softer fuel prices, while manufactured goods and primary articles recorded higher inflation.
    Wholesale price inflation moderated in July, led by a decline in fuel and power inflation and a marginal easing in food-article inflation. Inflation in manufactured products and primary articles increased, making the moderation uneven across groups. Mineral oils, food articles, basic metals, non-food articles, food products, and chemical products remained significant inflation drivers. The output Producer Price Index remained unchanged year-on-year, with lower manufacturing and mining inflation offset by higher agriculture and electricity producer-price inflation.
    August 14, 2026
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    International investment-grade issuer ratings support expanded foreign-currency funding, trade finance, correspondent banking and cross-border financial market access.
    IDFC FIRST Bank's inaugural international investment-grade issuer credit ratings, with a stable outlook, are expected to improve access to international funding markets and global financial counterparties. The rating is intended to support standby letter of credit lines, foreign-currency funding through its GIFT City International Banking Unit, mobilisation of FCNR(B) deposits, correspondent banking relationships and cross-border trade finance. Strong capitalisation, improving profitability, stable asset quality and a granular retail funding profile underpin the outlook.
    August 14, 2026
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    Clandestine psychotropic drug manufacturing faces enforcement targeting precursor chemicals, concealed laboratories, illicit production networks and trafficking operations.
    Enforcement action against clandestine manufacture of psychotropic substances led to the detection of a residential drug-production facility. Searches recovered amphetamine and intermediary forms, precursor chemicals, reagents, raw materials, and manufacturing equipment. Field testing indicated the presence of amphetamine, a psychotropic substance regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985. The recovered apparatus and materials indicated illicit manufacture, while preliminary investigation pointed to short-term, intermittently operated facilities intended to conceal production activities.
    August 13, 2026
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    International banking unit expands cross-border financing, trade finance and foreign-currency service access through GIFT City operations.
    UCO Bank has launched an International Financial Services Centre Banking Unit at GIFT City to provide permitted international banking services. The unit offers trade finance, external commercial borrowings, foreign-currency loans, loan syndication, treasury services and other permitted financial services. It serves Indian corporates, exporters, importers, financial institutions, overseas businesses and other eligible customers requiring cross-border financing and access to global financial markets. FCNR(B) deposits are also offered through the unit.
    August 13, 2026
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    Last-mile credit access is prioritised through timely lending, wider beneficiary coverage, digital support and stronger fraud vigilance.
    Banking-sector participation is emphasised through last-mile credit access for MSMEs, women entrepreneurs, rural artisans, small farmers and other underserved beneficiaries. Banks are urged to expedite government-scheme applications, maximise coverage and use technology for timely financial support. Industrial-policy assistance and incentives cover startups, SC/ST entrepreneurs, persons with disabilities and first-generation entrepreneurs. Greater coordination, expanded village banking access, and vigilance against cyber fraud and mule accounts are also prioritised.
    August 13, 2026
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    Merchandise trade growth saw rising exports to major markets alongside increased imports and continuing United States trade-pact negotiations.
    India's merchandise trade data records increased July exports to the United States and China, alongside growth in imports from both markets. Exports to Singapore, the United Arab Emirates, the Netherlands, Germany, South Africa, Tanzania, Australia, Malaysia, Sri Lanka, Italy and Vietnam showed positive growth, while July exports declined for the United Kingdom, Bangladesh, Saudi Arabia and Nepal. Imports also increased from Russia, Korea, Singapore, Germany, Oman, Malaysia, Taiwan and Brazil. India and the United States are negotiating a trade pact amid an additional United States tariff on India.
    August 13, 2026
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    GST transport documentation enforcement addresses freight movement of metals without valid e-way bills and invoices under applicable rules.
    GST enforcement action led to the seizure of copper and aluminium ingots transported by freight train without valid e-way bills and invoices. The metals were found in three train wagons during inspection of parcel cargo. Further proceedings are to be undertaken under applicable GST rules concerning movement of goods without prescribed transport documentation.
    August 13, 2026
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    Merchandise trade deficit widens as import growth outpaces exports despite strong petroleum, electronics and engineering shipments.
    Merchandise trade in July 2026 saw exports rise 19.63 per cent and imports increase 17.52 per cent, widening the trade deficit to a six-month high. Petroleum products, electronics, engineering goods and marine goods supported export growth, while crude oil and several commodity and capital-goods categories increased imports. During April-July 2026-27, faster import growth widened the cumulative merchandise trade deficit compared with the corresponding prior-year period.
    August 13, 2026
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    Bribery allegations in GST enforcement prompted arrest after alleged payment demand to avoid a tax-liability notice.
    Bribery allegations involving GST enforcement led to the arrest of a CGST Superintendent after a complaint alleged that payment was demanded from a private company to avoid issuance of a tax-liability demand notice and to close the matter. A trap operation resulted in the public servant being apprehended while allegedly accepting part of the demanded bribe, and the amount accepted was recovered. Searches were undertaken, and investigation remained ongoing.
    August 13, 2026
    Show AI Summary
    Trade performance shows rising merchandise and services exports, but faster import growth expands the overall trade deficit.
    India's combined merchandise and services exports and imports increased in July 2026 and April-July 2026-27, while the overall trade deficit widened. Cumulative exports were estimated at US$ 316.42 billion and imports at US$ 365.85 billion, resulting in a trade deficit of US$ 49.43 billion. Merchandise exports, non-petroleum exports, and exports excluding petroleum and gems and jewellery grew, led by petroleum products, electronic goods, engineering goods and chemicals. Services trade recorded a cumulative surplus of US$ 69.17 billion.
    August 13, 2026
    Show AI Summary
    Student GIC referral programmes integrate connectivity credits with funding verification and post-arrival banking arrangements for eligible international students.
    Referral arrangements connect mobile connectivity benefits with the Student Guaranteed Investment Certificate application journey. Applicants may access an online portal through a referral link, submit documents, complete know-your-customer verification, and fund the GIC from permitted Indian bank accounts in no more than two transactions. After arrival, students may activate the GIC account and open a linked bank account for receipt of GIC transfers. Eligible verified applicants receive non-cash mobile credits usable only against mobile bills, subject to a cap on the bill portion payable through credits.
    August 13, 2026
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    Global Capability Centre banking support connects offshore and onshore operations to simplify financial management and enable cross-border expansion.
    Global Capability Centre banking support is positioned around connected offshore and onshore banking, international network access, digital banking platforms, and expertise in treasury centres, cross-border corporates, and evolving GCC operating models. The approach seeks to simplify financial operations and support GCC expansion across global markets. India's GCC ecosystem is characterised as a leading global capability hub, with capability centres evolving into strategic enterprise hubs requiring support for operational and financial complexities across markets.
    August 13, 2026
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    Investment banking registration enables regulated cross-border offerings, listings, debt transactions and capital-market advisory through GIFT City.
    IFSCA registration under the IFSCA (Capital Market Intermediaries) Regulations, 2025 authorises Nexent Capital IFSC Private Limited to operate as an investment banker from GIFT City. Permitted activities include management of initial and follow-on public offerings, SPAC and secondary listings, depository receipt issuances, debt capital-market transactions, and other capital-market advisory mandates. The firm proposes to provide transaction structuring, listing-readiness, execution and post-listing capital-markets support for companies seeking capital raising and listing opportunities through GIFT City's exchanges.
    August 13, 2026
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    Merchandise export growth was driven by petroleum, electronics, engineering and marine goods, while rising imports widened the trade deficit.
    India's merchandise exports increased in July, while imports also rose and widened the trade deficit. Export growth was attributed to higher overseas shipments of petroleum products, electronics, engineering goods and marine goods. Exports and imports both recorded growth during the April-July fiscal period, and exports to West Asian countries increased in July.
    August 13, 2026
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    EXIM operations at international seaport to commence after customs clearance, bonded-area establishment, and temporary highway connectivity.
    Vizhinjam International Seaport is scheduled to commence EXIM operations after Customs clearance, issuance of Customs notifications, establishment of a Customs-bonded area, and temporary connectivity to NH-66. The port had previously handled transshipment operations. A proposed transfer of a stake in the port concessionaire to a foreign shipping company remains under committee examination and requires Central Government consideration of strategic and security aspects.
    August 13, 2026
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    Renewable energy reliability requires storage, grid readiness and ancillary service markets alongside competitive clean-power procurement.
    Renewable energy procurement is shifting beyond lowest tariffs towards dependable, dispatchable and affordable clean power, assessed through capacity value, balancing capability and system economics. Storage-backed renewable and hybrid projects can improve renewable utilisation, reduce variability and curtailment, and support peak demand. Higher renewable penetration also requires supportive storage policies, timely approvals, aligned intrastate transmission planning, stronger distribution infrastructure, and market mechanisms for ramping reserves, frequency response and fast-response balancing services.
    August 13, 2026
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    Accredited Investor certification facilitates eligible investors' access to alternative investment products, lower thresholds and applicable regulatory flexibilities.
    SEBI's Accredited Investor framework enables eligible investors and entities to obtain certification that may allow lower minimum investment thresholds for Portfolio Management Services, Alternative Investment Funds and other alternative investment products, along with applicable regulatory flexibilities. PMS Bazaar and NSDL Database Management Limited's Accreditation Agency facilitate end-to-end applications, subject to required documentation and prescribed payment. Assistance is available to individual investors and eligible clients of investment providers without additional platform, service or processing charges, while prescribed certification fees remain payable.

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      Customs, DGFT & SEZ

      26 FDI PROPOSALS APPROVED

      March 26, 2009

      Contents
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      Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on 20th March, 2009, Government has approved 26 Proposals of Foreign Direct Investment amounting to Rs. 1042.915 Crore approximately. The proposals relate to Ministries/Departments, namely, Commerce, Economic Affairs, Heavy Industries, Industrial Policy & Promotion, Information & Broadcasting, Home Affairs, Petroleum & Natural Gas, Railways, Civil Aviation and Telecommunication.

      Following 26 (Twenty six) proposals have been approved.

      Sl. No.

      Name of the applicant

      Particulars of the proposal

      FDI/NRI inflows (Rs. In Crore)

      COMMERCE

      1

      M/s Vitra India Pvt. Ltd, Mumbai

      To undertake the activities relating to wholesale of Furniture Products and Systems, marking of direct institutional ales of spare parts and accessories of Furniture Products and providing technical support services such as installation as well as maintenance services on call basis.

      No Fresh Inflow

       

      2

      M/s D-Link Holding Mauritius Inc. Mauritius

      Acquisition of equity shares by way of share swap.

      No Fresh Inflow

      3

       

      M/s Indo Prime Visual Technologies Pvt. Ltd

      To promote an SPV for sale and marketing of "INDO" Edgers and equipments for optical industry under the single brand.

       

      0.17

       

      ECONOMIC AFFAIRS

      4

      M/s Tecnomen Oyj, Finland

      Acquisition of equity shares by way of share swap and cash arrangement from the existing resident shareholders.

      131.33

      5

      M/s Technomen Oyj, Finland

      Acquisition of equity shares by way of share swap and cash arrangement.

      2.46

      6

      M/s Viadeo S.A. France

      Transfer of shares by way of share swap.

      No Fresh Inflow

      7

      M/s Aastha Broadcasting Network Ltd, Mumbai

      Regularization of equity held by NRI by way of acquisition of the same from open market and further induction of foreign equity in a company engaged in up-linking a non news and current affairs TV channel.

      2.50

       

      8

      M/s Neo Sports Broadcasting Pvt. Ltd, Mumbai

      Induction of foreign investment by issuance of fresh equity shares/ equity linked instruments (such as Compulsorily  onvertible Preference Shares) in a company engaged in the business of uplinking and broadcasting of 'non-news and current affairs' television channels.

      258.53

       

      9

      M/s Vignani Technologies Pvt. Ltd, Bangalore.

      Conversion of operating company into an operating cum investing company to set up a new subsidiary out of its own internal accruals.

      No Fresh Inflow

      10

      M/s Intertoll India Consultants Pvt. Ltd, New Delhi.

      To set up one or more downstream WOSs out of its own internal accruals.

      No Fresh Inflow

      HEAVY INDUSTRIES

      11

       

      M/s Samvardhana Motherson Finance Ltd.

      To increase foreign equity participation by way of issue of equity shares and/ or compulsory convertible preference shares and/ or compulsory convertible debentures in the auto and auto ancillary, allied and other sectors. The roposal attracts Press Note 1 of 2005.

      208.26

       

      INDUSTRIAL POLICY & PROMOTION

      12

      M/s Virgo Engineers Ltd.

      Issue of equity shares by way of shares swap agreement.

      No Fresh Inflow

      COMMERCE

      13

      M/s Allergan Inc, USA

      Inclusion of import and sale of additional products in the WOS. The proposal attracts Press Note 1 of 2005.

      No Fresh Inflow

      INDUSTRIAL POLICY & PROMOTION

      14

      M/s Newedge Group

      To amend the one of the clause of the FC approval.The Proposal attracts Press Note 1 of 2005.

      No Fresh Inflow

      INFORMATION & BROADCASTING

      15

      M/s United Home Entertainment Pvt. Ltd.

      To launch a new television channel.

      No Fresh Inflow

      HOME AFFAIRS

      16

       

      M/s Asianet Infrastructure Pvt. Ltd.

      Transfer of fully paid equity shares from Resident to Non Resident. The company is engaged in the teleport activity.

      0.63

       

      PETROLEUM & NATURAL GAS

      17

       

      M/s Fuchs Lubricants (I) Pvt. Ltd.

      Extension or waiver of the condition of dilution of 26% stake to Indian Parties.

      No Fresh Inflow

      RAILWAYS

      18

       

      M/s Patil Rail Infrastructure Pvt. Ltd.

      To permit further investment by an investing company to in companies engaged in rail infrastructure services and in new business in the railway infrastructure.

      51.37

       

      COMMERCE

      19

       

      M/s John Deere Construction & Forestry, USA

      To set up a JV to carry out the manufacturing, marketing and distribution of all types of construction equipments. The proposal attracts Press Note 1 of 2005.

      84.00

       

      ECONOMIC AFFAIRS

      20

       

      M/s Tanla Solutions Ltd., Hyderabad

      Conversion of operating company into operating cum holding company to make downstream investments.

      31.50

       

      21

      M/s BNP Paribas Securities Services Ltd., France

       

      (i) To subscribe either directly or through a wholly owned subsidiary to equity shares constituting 49% of the post investment issued and paid up share capital and any additional shares that may be issued form time to time and, (ii) to constitute a joint venture for undertaking the business of providing registrar and share transfer agency services (including for mutual funds) and other ancillary securities services in India in compliance with applicable laws.

      9.065

       

      CIVIL AVIATION

      22

      M/s DNATA, UAE

      To set up a JV company to provide ground handling services for both domestic and international operators as well as cargo handling and related services.

      31.08

       

      23

      M/s Thales Avionics S.A. France

      To set up a JV with a foreign equity participation of 26% in Defence sector.

      0.11

      TELECOMMUNICATION

      24

       

      M/s Broadband Pacenet (India) Pvt. Ltd., Mumbai

      Induction of foreign equity by way of subscribing to or acquisition of shares up to 74% equity of the company.

      17.33

       

      HEAVY INDUSTRY

      25

       

      M/s TRW Aftermarket Asia Pacific Pte Ltd., Singapore

      To set up a Joint Venture Company to undertake the business of airbag modules for installation onto vehicles roduced in India. The proposal attracts Press Note 1 of 2005.

      0.09

       

      ECONOMIC AFFAIRS

      26

       

      M/s NSK Holding Pvt. Ltd.

      Transfer, issue of equity shares and/ or compulsory convertible instruments into equity shares to Foreign Collaborator. To acquire the status of foreign owned Indian holding company and to make downstream investment.

      214.49

       

      2. The following 9 (Nine) proposals have been deferred:

      Sl. No

      Name of the applicant

      Particulars of the proposal

      1

       

      M/s MEL Systems and Services Ltd., Chennai

      To engage in the manufacture of defence related activities.

      2

       

      M/s HP India Holdings Ltd, Mauritius

      To set up a JV company to undertake developing, owning and operating hotels in various cities and markets in India. The proposal attracts Press Note 1 of 2005.

      3

      M/s Comecer S.P.A. Italy

       

      To set up a WOS for undertaking the activities of trading of items sourced from small sector and Test marketing.

      4

      M/s Sandvik Asia Ltd., Pune

      To induct FDI to carry out the activity comprising of Tooling, Mining and Construction and Material Technology. The proposal attracts Press Note 1 of 2005.

      5

      M/s Sanlam Investment Management (Pty) Ltd., South Africa

      Issue of warrants and conversion of operating company into an operating cum holding company to make further downstream investment. One of the downstream subsidiaries is engaged in the commodity broking.

      6

      M/s Akar Info-MediaPvt. Ltd., Ahmedabad

      Induction of foreign equity by issuing and allotting equity shares to carry out the activity of publishing of technical magazines.

      7

      M/s Ortus Infratel and Holdings Pvt. Ltd., New Delhi

      Induction of FDI in the companies engaged in telecom infrastructure providers (Category-I) and conversion of operating company into operating cum holding company to make downstream investments.

      8

      M/s Chorus Call Conferencing Services India Ltd

      To increase the FDI from existing 51% to 74% of the paid up capital of the company in telecom sector.

      9

      M/s Al Khaleej Sugar International Ltd.

      To review and amend of the clauses of the FC approval.

      3. The following 3 (Three) proposal has been rejected:

      Sl. No

      Name of the applicant

      Particulars of the proposal

      1

       

      M/s MD Group Inc, Canada

      To set up a JV company by issuing equity shares and preference shares for consideration other than cash to carry out the activity in a Hotel and related services.

      2

      M/s Oriflame India Pvt. Ltd.

      To expand the scope of activities by importing and marketing through direct sales method.

      3

       

      The Bank of Nova Scotia, Canada

      To set up a WOS to undertake wholesale trading and hedging in precious metals etc.

      4. The following 8 (Eight) proposals have been advised to access automatic route.

      Sl. No

      Name of the applicant

      Particulars of the proposal

      FDI/NRI inflows (Rs. In Crore)

      1

       

      M/s HPL Additives Ltd, New Delhi.

      To set up 100% subsidiary holding company with main object of leveraging its widely acclaimed and recognized research and development capabilities, skills and knowledge in chemical, pharmaceutical and allied industries.

      No Fresh Inflow

       

      2

      M/s Banswara Syntex Ltd, Banswara

      Ex-post facto approval for allotment of Redeemable Cumulative Preference Shares to carry out the activities relating to spinning of stapple fibers etc.

      No Fresh Inflow

      3

      M/s NSL Seeds Pvt. Ltd., Hyderabad

      To issue and allot fully paid up equity shares and compulsorily convertible cumulative preference shares and to act as operating cum investing company and to make downstream investment.

      250.00

       

      4

      M/s Man Infra Construction Ltd. Mumbai

      Preferential allotment of new equity shares, secondary purchase of equity shares and change of status from operating company to operating cum holding company to make downstream investment.

      No Fresh Inflow

      5

      M/s Nimbus Communications Ltd, Mumbai.

      Ex-post facto approval for conversion of operating company into an operating cum investing company to make further downstream investment.

      No Fresh Inflow

      6

       

      M/s Hind Terminals Pvt. Ltd, Mumbai.

      Ex-post facto approval for conversion of operating company into an operating cum investing company to make further downstream investment.

      No Fresh Inflow

      7

      M/s Hughes Communication India Ltd., New Delhi

      Conversion of operating company into an operating cum investing company to undertake the activities pertaining to Telecommunication sector.

      No Fresh Inflow

      8

      M/s Saket Engineers Pvt. Ltd. Hyderabad.

       

      Conversion of operating company into operating cum holding company to make downstream investments to undertake Real estate development projects and to make downstream investments in entities undertaking FDI compliant projects/ activities.

      No Fresh Inflow

       

      5. The following 02 (Two) proposals have been withdrawn by the applicant.

      Sl. No

      Name of the applicant

      Particulars of the proposal

      1

      M/s Man Infra Construction Ltd. Mumbai

      Transfer of shares from Resident to Non-resident.

      2

      Ms. Jula Mehta, Mumbai

      Transfer of shares from Resident to Non-resident.

      BSC/BY/DN-99/09

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