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    MCA only performs administrative role in the conduct of appointment process for Judicial and Technical Members of the NCLT
    Commerce and Industry Shri Piyush Goyal Chairs Chintan Shivir on Digitisation of Trade
    19th India–BLEU Joint Economic Commission Session Held in Luxembourg to Strengthen Trade and Economic Cooperation
    The Government of India Constitutes the ‘High Level Committee on Banking for Viksit Bharat’
    UPI Acceptance Enabled for Online Bookings at At the Top, Burj Khalifa and Resorts World Sentosa
    Monthly review of accounts of Government of India upto September 2026 (FY 2026-27)
    DRI deals major blow to Myanmar-linked drug smuggling network; seizes huge consignment of 50 kg methamphetamine tablets and crystal meth in North-East...
    DRI busts a big clandestine synthetic drug manufacturing laboratory in Uttar Pradesh; seizes approx. 1,100 kg drugs and precursor chemicals; two arres...
    Union Minister of Commerce and Industry, Shri Piyush Goyal Calls for Greater FTA Utilisation by Telangana
    Clarification on the Process of Strategic Restructuring of the IDBI Bank Ltd.
    Advisory – Scheduled Maintenance of e-Invoice Services (31 October – 1 November 2026)
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    Economic Resilience, Thinner Buffers, Emerging Risks Globally: Where Does India Stand?[1] - Address by Dr. Poonam Gupta, Deputy Governor, Reserve Bank...
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    NLMC Issues Corrigenda-6 and 7 for RINL Land e-Auction at Visakhapatnam; Revises Auction Schedule
    Cabinet approves Dearness Allowance to Central Government employees and Dearness Relief to Pensioners
    DRI seizes around 55,000 e-cigarettes worth more than Rs. 13.5 crore in two operations at Syama Prasad Mookerjee Port in Kolkata
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October 31, 2026
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Administrative role in Tribunal Member appointments remains distinct from the Tribunal's independent authority over staff appointment and management.
The Ministry of Corporate Affairs performs an administrative role in conducting appointments of Judicial and Technical Members of the National Company Law Tribunal. The Tribunal independently appoints and manages its officers and staff, including Deputy Registrars, Court Officers, Stenographers, Office Assistants and Multi-Tasking Staff. Delegated personnel responsibility supports the Tribunal's effective and independent functioning.
October 31, 2026
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Digital procurement infrastructure supports kirana ordering and supply-chain efficiency while preserving distributor relationships and expanding digital participation.
ONDC DigiDukaan enables kirana retailers to operate as digital buyers through a single interface for discovering and ordering products across multiple brands, distributors and wholesalers, with visibility of pricing, trade schemes and availability. It is intended to reinforce existing distributor relationships while creating a shared digital foundation for logistics, formal credit and related services. Priority areas include a common retailer identity, shared logistics and micro-warehousing, transaction-linked financing, simplified technology integration and commercial incentive alignment for sustained digital ordering.
October 31, 2026
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Trade facilitation and investment partnerships support market access and sectoral collaboration across logistics, clean energy, digital technologies, and healthcare.
Trade and investment cooperation focused on enhancing trade and investment flows, addressing market-related concerns, facilitating market access, and expanding business engagement and investment partnerships. Priority sectors included logistics, renewable energy and clean technology, financial services and FinTech, digital transformation and ICT, healthcare and life sciences, Ayurveda and traditional medicine, and agro-food processing.
October 31, 2026
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Banking-sector reform establishes a high-level committee to develop reforms for globally competitive, inclusive and resilient banking.
High Level Committee on Banking for Viksit Bharat is constituted to review India's banking sector and recommend structural, institutional, regulatory and legislative reforms supporting globally competitive, financially inclusive and resilient banking. Its remit includes prudential norms, banking regulation, capital requirements, cost of capital, AI and digital innovation, cyber-risk safeguards, workforce capacity, Priority Sector Lending and the Lead Bank Scheme. The Committee will also consider reforms affecting Regional Rural Banks, Cooperative Banks, Development Financial Institutions and Non-Banking Financial Companies.
October 31, 2026
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Cross-border UPI acceptance enables Indian travellers to make online bookings at international attractions using familiar payment applications.
Cross-border UPI acceptance enables Indian travellers to make online experience bookings at At the Top, Burj Khalifa and Resorts World Sentosa using preferred UPI applications. The UAE integration involves NPCI International Payments Limited, NEOPAY and Emaar Entertainment, while the Singapore arrangement with FOMO Pay extends acceptance to Resorts World Sentosa attractions. These e-commerce facilities build on QR-based merchant payment arrangements and support seamless cross-border digital transactions for advance travel planning.
October 31, 2026
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Monthly fiscal account reporting records consolidated receipts, expenditure, tax devolution, interest payments, and major subsidies through September.
Consolidated monthly accounts through September 2026 record total receipts of Rs.18,35,422 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution transfers to State Governments total Rs.6,99,409 crore. Total expenditure stands at Rs.25,49,835 crore, with Rs.18,95,288 crore on revenue account and Rs.6,54,547 crore on capital account. Revenue expenditure includes interest payments of Rs.6,46,010 crore and major subsidies of Rs.2,22,905 crore.
October 31, 2026
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Cross-border narcotics trafficking: intelligence-led operations seized methamphetamine concealed in furniture and tea packets, with arrests and vehicle seizures.
Intelligence-based interceptions resulted in the seizure of methamphetamine tablets concealed in an office table within a vehicle and crystal methamphetamine hidden above a truck cabin in tea packets carrying foreign markings. Four persons were arrested under the Narcotic Drugs and Psychotropic Substances Act, 1985, and three vehicles were seized. Preliminary investigation linked the drugs to cross-border smuggling from Myanmar.
October 31, 2026
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Clandestine synthetic drug manufacturing: enforcement uncovered an illicit laboratory, seized drugs and precursors, and made arrests under narcotics law.
An intelligence-led operation uncovered a functional clandestine synthetic-drug manufacturing laboratory and seized semi-prepared drugs, finished methaqualone, precursor chemicals, and manufacturing equipment. Follow-up residential searches recovered additional chemicals and a manufacturing machine. Approximately 1,100 kg of drugs and precursor chemicals were seized in total, and two persons associated with the facility were arrested under the Narcotic Drugs and Psychotropic Substances Act, 1985.
October 30, 2026
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Free trade agreement utilisation can expand preferential market access through district help desks, product mapping and exporter support.
Free trade agreement utilisation is proposed through identification of leading export products, mapping of preferential markets and district-level FTA help desks for MSMEs, farmers and startups. GI-tagged products are to receive traceability, packaging and branding support for global exports. Pharmaceutical development is to focus on domestic key starting materials and active pharmaceutical ingredients, innovation, biosimilars and biotechnology. Ease-of-doing-business reforms include decriminalisation of minor offences, reduced compliance burdens, simplified procedures and time-bound single-window clearances.
October 30, 2026
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Strategic disinvestment procedure permits delegated procedural deviations and contemporaneous independent valuation in determining bid reasonableness.
Strategic restructuring of IDBI Bank is governed by a flexible bidding framework in which DIPAM's internal practices operate as indicative guidelines rather than rigid legal rules. No a-priori bidding benchmark applies: bidders undertake confidential valuation, while independently appointed agencies prepare contemporaneous fair valuations as comparators for assessing bid reasonableness. Where the highest financial bid is below the reserve price, the further course is left to the Government of India and QIPs cannot subsequently challenge that decision.
October 29, 2026
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e-Invoice service maintenance temporarily suspends invoice data retrieval, GSTR-1 auto-population, and JSON downloads during the upgrade period.
Scheduled infrastructure maintenance will temporarily affect GST e-Invoice data retrieval and processing from IRPs, automatic population of e-Invoice data in GSTR-1, and e-Invoice JSON downloads through the portal and application programming interfaces. Taxpayers and other stakeholders should plan related activities around the maintenance period, with services expected to resume upon completion.
October 29, 2026
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Comprehensive trade agreements advance market access, technology partnerships and sensitive-sector protection within an industrial transformation strategy.
Comprehensive trade agreements are treated as instruments of global economic integration rather than tariff-reduction arrangements alone. Their scope includes preferential market access, protection of sensitive sectors, access to high-technology products, services, investment, skill development, technology partnerships and climate cooperation. Agreements are to be shaped through stakeholder consultations and preserve defensive interests while reflecting comparative advantage, competitiveness and complementary trade relationships. Innovation requires collaboration between public institutions, private enterprise and academia, with government functioning as a facilitator and catalyst for private-sector-led innovation.
October 29, 2026
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Macroeconomic resilience depends on credible policy frameworks, fiscal prudence, inflation targeting, and financial-sector safeguards against emerging global shocks.
Macroeconomic resilience rests on credible monetary, fiscal and financial-policy frameworks, financial cushions, adaptable trade and energy arrangements, and AI-related investment, but remains vulnerable to conflict, commodity and food shocks, AI asset repricing, public debt and higher borrowing costs. India's position is attributed to a large diversified domestic economy, flexible inflation targeting, fiscal consolidation, GST, stronger banking regulation and timely shock management. Monetary policy must contain second-round inflation effects, while fiscal prudence, capital and liquidity buffers, stress testing and macroprudential safeguards support financial stability.
October 28, 2026
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Bilateral trade and investment cooperation advances through manufacturing, clean energy, semiconductor and supply-chain partnerships supporting strategic economic ties.
India-Netherlands economic cooperation focused on expanding bilateral trade, investment and commercial partnerships through ministerial engagements, business discussions and sector-specific consultations. Priority areas included resilient supply chains, manufacturing, research and development, infrastructure, renewable energy, logistics, digital technologies, semiconductors, green hydrogen, clean energy, critical minerals and advanced manufacturing. The India-EU Free Trade Agreement was identified as a prospective framework for additional trade and investment opportunities. Dutch enterprises were invited to invest, co-manufacture and co-innovate in India.
October 28, 2026
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Startup innovation awards expand sectoral and student recognition while providing prizes, mentorship, investment engagement, market access and visibility.
National Startup Awards 6.0 establishes a national recognition framework for startups demonstrating innovation, scalability, sustainability and socio-economic impact. Recognition is available across 20 sectoral categories and three special categories, including the Student Innovator / Aspiring Entrepreneur Award. Eligible award recipients may receive monetary prizes subject to applicable guidelines, alongside mentorship, investor engagement, market access, industry partnerships and ecosystem visibility. Applications are open through the Startup India portal.
October 28, 2026
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India-EFTA investment framework promotes long-term investment, manufacturing partnerships, technology collaboration, and employment through deeper commercial engagement.
The India-EFTA Trade and Economic Partnership Agreement provides a framework for increased foreign direct investment, employment generation and deeper commercial engagement. Engagement with Liechtenstein focuses on manufacturing partnerships, technology collaboration, research and development, supplier integration and global value chains. Priority cooperation areas include precision engineering, advanced manufacturing, industrial technologies and innovation, supported by simplified regulatory processes, digital governance and ease of doing business.
October 28, 2026
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Preferential trade agreement negotiations commence under terms covering market access, origin rules, customs procedures, and trade remedies.
India and Mexico have launched negotiations for a mutually beneficial and balanced Preferential Trade Agreement through signed Terms of Reference establishing the negotiation framework, scope, modalities and roadmap. Negotiations encompass market access for goods, rules of origin, customs procedures and trade facilitation, dispute settlement, sanitary and phytosanitary measures, technical barriers to trade, and trade remedies.
October 28, 2026
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Land e-auction corrigenda withdraw judicially restricted plots, extend registration and deposit deadlines, and retain original conditions unless expressly modified.
Corrigendum-6 withdraws 35 identified RINL land plots from the e-auction process because a court order prohibits their sale. Corrigendum-7 extends registration and Earnest Money Deposit submission until 1 November 2026, 8:00 PM, and schedules the e-auction of remaining plots for 3 November 2026. Property inspection remains available by prior appointment, while all other Request for Proposal terms and prior corrigenda remain unchanged unless specifically modified.
October 28, 2026
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Dearness allowance and pension relief are increased under the accepted pay commission formula to address price rise.
Additional instalments of Dearness Allowance for Central Government employees and Dearness Relief for pensioners take effect from 1 July 2026. The prevailing rate increases by 3 percentage points from 60% of basic pay or pension to compensate for price rise, using the accepted formula based on Seventh Central Pay Commission recommendations. The measure has an annual fiscal impact and benefits employees and pensioners.
October 28, 2026
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Electronic cigarette prohibition applies to concealed e-cigarettes intercepted in misdeclared Nepal-bound transshipment cargo after specific intelligence.
Two Nepal-bound transshipment containers were intercepted following intelligence of e-cigarette smuggling. Declared as water glass and ceramic mugs, the consignments contained e-cigarettes concealed within cover cargo, including IGET, VTV, VOKO, Bang and Ejoy products. Around 55,000 e-cigarettes valued at Rs. 13.50 crore, together with the cover cargo, were seized under relevant Customs Act provisions.

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Customs, DGFT & SEZ

DRI seizes quantities of gold; drugs, e-cigarettes and other contraband in pan-India Ops; 20 persons, including 5 foreign nationals, arrested

August 3, 2026

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Continuing its sustained drive against organised smuggling networks and transnational trafficking syndicates, the Directorate of Revenue Intelligence (DRI) has carried out a series of intelligence-led operations across the country during the week, resulting in the seizure of foreign-origin gold, heroin, MDMA, hydroponic weed, red sanders, prohibited wildlife products, e-cigarettes, foreign-origin poppy seeds and areca nuts. These operations led to the arrest of 20 persons, including 5 foreign nationals, involved in smuggling and trafficking activities and exposed sophisticated concealment techniques employed by organised criminal syndicates.

Gold

4 kg gold seized at IGI, Delhi

On 29.07.26, in a significant operation at Indira Gandhi International Airport, New Delhi, officers of DRI intercepted two foreign nationals who had arrived from Dubai. Examination of passenger trolley revealed a specially created secret cavity fabricated using a steel sheet matching the dimensions of the trolley and secured with double-sided adhesive tapes. The cavity yielded 40 foreign-origin gold bars weighing 4 kg. The gold was seized and both passengers were arrested.

Previously in the week, in separate operations conducted jointly by DRI and Border Security Force personnel along the Indo-Bangladesh border, officers seized around 3.2 kg of foreign-origin gold. The gold was recovered from a person near the border fence at Tungi, another person at Hili border gate, and in a third case from a person at motorcycle intercepted near Nityanandakati, Hakimpur. Three  persons including a woman were arrested in connection with the seizures.

In addition to above cases, DRI officers also seized around 2.2 kg of gold in three different operations conducted at Varanasi, Delhi Airport and Tamil Naidu and arrested 4 persons.

In total, around 9.5 kg gold valued at around Rs. 14 crore was seized and 9 persons arrested.

Wildlife products

In a significant case involving prohibited imports, officers of DRI uncovered an attempt to import around 14 metric tonnes of Pakistan-origin Guggul resin valued at Rs. 1.4 crore approx. through misdeclaration of description and country of origin. The consignment, had been falsely declared as natural resin originating from Somalia and routed through Dubai.

Guggul resin (Commiphora resin), a species endemic to the arid regions of India and Pakistan is listed in CITES Appendix II and is categorised as Critically Endangered in the IUCN Red list. Investigation established that the consignment was Guggul resin and was of Pakistan origin and had been trans-shipped using forged documentation. The import is  in violation of DGFT restrictions prohibiting direct or indirect import of goods originating in or exported from Pakistan. Two persons involved in the conspiracy were arrested

In another major wildlife and forest produce smuggling case, officers of DRI intercepted a truck on the outskirts of Chennai and recovered 142 red sanders logs weighing around 4.8 metric tonnes, concealed behind empty plastic crates. Red Sanders is a protected species listed under Appendix II of CITES and covered under the Wildlife (Protection) Act, 1972. The seized consignment is valued at approximately Rs 2.50 crore. Investigation revealed the involvement of an organised smuggling network with a history of illicit exports. Three persons were arrested.

Narcotics

In Manipur, acting on specific intelligence regarding cross-border narcotics trafficking from Myanmar, officers of DRI, with assistance from Assam Rifles and Manipur Police, intercepted a vehicle near Churachandpur and recovered around 2.7 kg heroin concealed inside 220 soap cases. Two persons were arrested.

In two other operations in Mumbai, DRI officers intercepted two foreign female nationals travelling from Delhi and recovered synthetic narcotic drugs concealed in specially fabricated cavities in their respective baggage. The operations resulted in the collective seizure of around 2 kg Amphetamine crystals and MDMA tablets . Both passengers were arrested 
under the NDPS Act, 1985.

Seized MDMA tablets & Amphetamine crystals

In two different operations, at Indira Gandhi International Airport, New Delhi and Calicut International Airport, DRI officers intercepted two passengers including a foreign nationals around 25 kg hydroponic weed from their possession was seized. Both passengers had travelled from Bangkok and were arrested.   

Hydroponic weed

Tobacco products

In another operation aimed at curbing the illicit import of prohibited goods, officers of DRI intercepted an import consignment at Nhava Sheva Port that had been mis-declared as LED lights and fixtures and recovered 9,230 prohibited electronic cigarettes of various brands and flavours. Electronic cigarettes are prohibited in India under the Prohibition of Electronic Cigarettes Act, 2019. The prohibited e-cigarettes along with the cover cargo, having a total value of approximately Rs 3.70 crore, were seized.

E-cigarette seized at Mumbai

Restricted items

In Mizoram, officers of DRI, assisted by Assam Rifles personnel, searched four suspected godowns near the Indo-Myanmar border and recovered around 14.5 MT of poppy seeds and 14 MT areca nuts, both of foreign origin collectively valued at around Rs 3.6 crore. Preliminary investigation indicates that the goods had been smuggled into India through the Zokhawthar sector of the Indo-Myanmar border. The goods were seized under the Customs Act, 1962.

Poppy seeds are classified as a "Restricted" item under the Foreign Trade Policy and its imports is permitted only subject to specified conditions, including import of legally cultivated produce from designated countries and mandatory registration of all import contracts with the Narcotics Commissioner, Gwalior.

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Acts Income Tax