dpiit

India is set to introduce a Producer Price Index (PPI) on June 15, alongside a revised Wholesale Price Index (WPI). The government plans to phase out WPI within five years, adopting PPI as the primary measure for factory gate inflation. This move aligns India with global standards, offering a more comprehensive inflation metric.

India is transitioning from the Wholesale Price Index (WPI) to a more comprehensive Producer Price Index (PPI) to measure producer-level inflation. This overhaul, aligning with global practices, will see WPI and PPI run in parallel for five years before WPI is discontinued.

Uttar Pradesh's economy is booming, with its GSDP soaring to Rs. 30.25 lakh crore and tax revenue more than doubling. Once labeled 'BIMARU', the state's economic share in India has grown. Investments, enterprise, improved governance, and public finance are driving this remarkable transformation, with exports reaching Rs. 1.86 lakh crore.

Wedding and banquet events in Mumbai and Maharashtra will soon be simpler and potentially cheaper. The Centre has clarified that no music licensing fees apply to marriage functions. Discussions are also underway for a single-window music copyright licensing system, aiming to streamline permissions and reduce confusion for the hospitality sector.

Jharkhand Industrial Area Development Authority is going paperless with a new unified IT system, aiming for a digital overhaul by August. Investors will soon manage land allotments, rent payments, and service requests online via a dedicated portal and mobile app. This move promises enhanced transparency and quicker grievance redressal, improving industry-government communication.

Sonu Nigam shared pictures from the meeting, which was also attended by devotional singer Anup Jalota.

The central government has announced 100% Foreign Direct Investment (FDI) in insurance companies via the automatic route, enabling full foreign ownership. This move, aligning with the Sabka Bima Sabki Raksha Act, 2025, aims to boost foreign participation, with IRDAI approval required. LIC remains an exception with a 20% FDI limit.

India's foreign direct investment is projected to surpass $90 billion in 2025-26, marking a significant increase driven by enhanced investor outreach and upcoming free trade agreements. Gross FDI reached $88.3 billion by February 2026, with net FDI showing a substantial rise compared to the previous fiscal year. Changes to FDI rules for neighboring countries are also nearing notification.

Organizations representing the creative industries called on the Government to reject any changes to copyright law that would weaken protections for creators and rightsholders.

At CNLU's global summit, specialists underscored the importance of generating knowledge and safeguarding intellectual property, showcasing how human talent drives innovation forward. Simultaneously, the Jesus and Mary Academy honored Dr. Ambedkar's legacy through an empowering 'Jagriti Abhiyan,' motivating students to embrace his ideals of equality and social upliftment.

Jan Vishwas Act, 2026 — passed by Lok Sabha on April 1 — takes forward the project of purging the law book of excessive criminalisation. Penalties, administrative sanctions, warnings are to replace violations that earlier attracted criminal charges and jail time. Vidhi Centre for Legal Policy breaks down what has changed and what needs to be done