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    Advisory – Scheduled Maintenance of e-Invoice Services (31 October – 1 November 2026)
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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.
October 28, 2026
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Wildlife trafficking enforcement led to seizure of sedated reptiles concealed in passenger baggage and customs-law arrests.
Wildlife-smuggling enforcement at Trichy International Airport involved interception of two Indian passengers arriving from Bangkok via Colombo on specific intelligence. Examination of their baggage revealed 45 live reptiles, sedated and concealed in 27 food packets. Coordinated action resulted in seizure of the reptiles and arrest of the passengers under the Customs Act, 1962.
October 27, 2026
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Trade and investment cooperation under the EFTA partnership supports broader business collaboration in technology, finance and manufacturing.
The India-EFTA Trade and Economic Partnership Agreement operates as an enhanced framework for deeper engagement between India and EFTA countries, supporting expanded bilateral trade, investment and business linkages. Business expansion and investment opportunities were examined in technology, innovation, financial services and manufacturing, together with partnerships involving Indian businesses. The framework includes investment commitments and direct job creation over a 15-year period.
October 27, 2026
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Trust-based business regulation reduces startup barriers, streamlines licensing and approvals, and broadens investment access through digital single-window services.
Trust-based regulatory reform combines startup financing and procurement access with compliance reduction, decriminalisation, labour-law consolidation, licensing digitisation, foreign-investment liberalisation and National Single Window System services. Startup measures include seed funding, fund-of-funds investment, credit guarantees, tax reforms and relaxed public-procurement entry conditions. The digital approvals framework integrates Central and State services, identifies applicable approvals, auto-populates common data and automates selected industrial and production-visa processes.
October 27, 2026
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India-EU Free Trade Agreement opportunities guide India-Netherlands discussions on market access, investment partnerships, supply-chain integration, and sectoral collaboration.
India-EU Free Trade Agreement opportunities were central to India-Netherlands engagement on expanding bilateral trade, investment partnerships, market access, and collaboration across key sectors. Complementary economic strengths and closer industry-to-industry engagement were linked to concrete business partnerships, investments, and stronger India-Europe supply-chain integration. Direct meetings and a business roundtable also addressed investment opportunities, commercial partnerships, business priorities, and private-sector cooperation in technology, logistics, energy, electronics, industrial solutions, and retail.
October 26, 2026
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Administrative efficiency and waste management drive advances record review, sanitation, e-waste disposal, and office-space optimisation.
Special Campaign 6.0 institutionalises cleanliness, administrative efficiency, backlog reduction, office-space management and environmentally compliant electronic-waste disposal. Implementation includes review and weeding of physical records, closure of electronic files, sanitation drives, mechanised cleaning, and segregated waste clearance. Across 449 offices, scrap clearance reclaimed office space and generated revenue through disposal of unserviceable and redundant goods.
October 26, 2026
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Export credit risk coverage under RELIEF continues, protecting eligible exporters from insurance premium increases during the eligible period.
RELIEF Component II is extended until March 31, 2027, to support exporters affected by West Asian geopolitical disruption and maritime logistics risks. Eligible exporters obtaining qualifying Standalone Policies or Whole Turnover Policies may receive 95 per cent risk coverage for specified export shipments, with protection against insurance premium increases above pre-disruption levels. Coverage includes full-container-load, less-than-container-load and refrigerated-container cargo, excluding energy shipments. Claims and supporting records must be submitted through the Export Credit Guarantee Corporation customer portal.
October 26, 2026
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Public procurement access to indigenous gift products expands curated government gifting and supports local artisans.
Government e-Marketplace promotes The AABHAR Collection as a digital storefront for curated gift items associated with One District, One Product and Geographical Indication tags. It gives government buyers access to regionally distinctive handicrafts, handlooms, artisanal food, pantry, and personal-care products, linking public procurement requirements with artisans, weavers, rural entrepreneurs, and women-led enterprises. Government buyers may use the storefront for official and ceremonial gifting while promoting indigenous products, cultural heritage, and local livelihoods.
October 26, 2026
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Special purpose vehicle governance advances coordinated infrastructure, land allotment, statutory clearances and investor facilitation for an integrated manufacturing cluster.
BIMCGL is the special purpose vehicle implementing the Integrated Manufacturing Cluster at Gaya through an equal-equity joint venture framework. Its functions include coordinated planning, infrastructure development, statutory clearances, utility connectivity, investor facilitation, and project monitoring. Implementation covers trunk infrastructure, integrated utilities, water-storage facilities, and an Integrated Land Allotment Portal designed to improve transparency and streamline industrial land allotment. The cluster is intended to support large manufacturers and MSMEs across diverse manufacturing sectors.
October 26, 2026
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India-EU Free Trade Agreement may expand Indian exporters' European market access through integrated maritime logistics and port connectivity.
The anticipated India-EU Free Trade Agreement is expected to create opportunities for Indian exporters, while the Port of Rotterdam's capacity, logistics infrastructure and European connectivity may facilitate greater India-Europe trade flows. Netherlands-based maritime logistics may support market access and closer economic integration between India and Europe. Sustained stakeholder engagement was linked to trade, investment and commercial cooperation.
October 24, 2026
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India-Germany economic cooperation advances through trade, investment, advanced manufacturing, research collaboration, and emerging technology partnerships.
India-Germany economic cooperation is being advanced through bilateral engagements addressing trade, investment, advanced manufacturing, research and emerging technologies. Economic and investment ties formed the subject of discussions between government representatives, while business and sectoral interactions explored expanded commercial partnerships, investment, industrial cooperation and bilateral business collaboration. Research and innovation cooperation also focuses on advanced industrial technologies and industry-academia partnerships.

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Trump says US, Iranian officials met, shortly after warning he may 'annihilate' Iran

September 23, 2026

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United Nations, Sep 23 (AP) President Donald Trump said US and Iranian officials met Tuesday, an unexpected engagement that came even as he threatened in his address to the UN General Assembly that he may “annihilate” the Islamic Republic if a deal isn't reached soon to end the nearly seven-month war.

Trump told reporters that his chief envoys, Steve Witkoff and Jared Kushner, met with the Iranian officials on the sidelines of the annual gathering of world leaders but he offered few details about how the discussions transpired or the substance of the exchange.

“It was a very good meeting,” Trump said. The president later added that the Iranian officials were “not the highest level, but it's something.”

The engagement comes after months of US-Iran communications languishing following the collapse of a short-lived ceasefire that was brokered in June.

US and Iranian negotiators met separately with Qatari and Pakistani mediators in Doha in early July for indirect talks.

Earlier Tuesday, Secretary of State Marco Rubio said that Trump is open to meeting with Iran's president, Masoud Pezeshkian, while he's in New York for the General Assembly.

“This is a president that will meet with anybody for the most part, because he believes that engaging with people is important if you're going to solve problems,” Rubio said on NBC's “Today” show. “It doesn't mean you're going to end up agreeing with them, but it's important.”

Trump also met on Tuesday with leaders and senior officials from Gulf Cooperation Council nations - Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates - as well as Jordan to discuss the way ahead with the war in Iran.

In his address to the General Assembly, Trump made the case that he's shown fortitude while other leaders have equivocated as he defended his decision to start a war with Iran.

But Trump also suggested that he could be at a crossroads in the conflict even as he called on the Islamic Republic to fully reopen the Strait of Hormuz and return to the negotiating table to find a settlement to end the conflict.

“I have a big decision to make,” Trump said. “Will a deal be made with Iran that lets them rebuild and create a far greater country than it ever was before, maybe one of the greatest in the Middle East or even the world. Or do I annihilate the Islamic Republic and do it quickly, never giving them a chance to kill and destroy people and countries again?”

The president's comments came in his wide-ranging address to the international body in which he also celebrated this year's US military operation to oust Venezuelan President Nicolas Maduro from power, a new agreement to expand the US military presence in Greenland, and pushed back against calls for greater regulation of the artificial intelligence industry.

But at the heart of the address was a fulsome defence of the war and pushback on the notion that Iran has shown a measure of resilience.

“The terrorist regime is behaving badly, not because they are strong and confident, but because they are weak and desperate," Trump said.

Most of Iran's delegation walked out of the chamber as Trump railed against the Islamic Republic.

After his speech, Trump gathered with Danish Prime Minister Mette Frederiksen and Greenlandic Prime Minister Jens-Frederik Nielsen on the sidelines of the General Assembly to sign a new security agreement.

The deal, announced last week, came together after Trump repeatedly threatened to “take over” Greenland, a territory of NATO-ally Denmark, by military force if necessary.

Trump said Tuesday the US will immediately begin the process of developing a larger military presence in Greenland including “building two very major military bases”.

Under the deal, Greenland remains Denmark's territory.

Trump also held talks with new British Prime Minister Andy Burnham, Japanese Prime Minister Sanae Takaichi and Ukrainian President Volodymyr Zelenskyy.

He's expected to hold a more informal meeting on Tuesday evening with Venezuela's acting President Delcy Rodriguez, according to the White House.

Trump also took part in an event on the Shield of Americas, an initiative Trump launched with Latin American countries earlier this year focused on combatting violent cartels.

The visit to the UN comes as Trump's foreign policy approach - particularly his decision to start a war with Iran - has become a drag on his fellow Republicans' hopes of retaining control of both chambers of Congress during the coming midterm elections.

Nevertheless, Trump made the case in his speech that the world is better off for his leadership.

“I have no interest in leaving dangers to grow for another day," Trump said.

In last year's address at the UN, Trump claimed the US had “demolished” Iran's nuclear capabilities after he ordered the June 2025 bombardment of three key facilities.

He returned to the General Assembly nearing the seven-month mark of a new war against Iran that he insists is necessary to address a nuclear threat posed by Iran.

The war has grown more complicated even though strikes by the United States and Israel have killed much of Iran's top leadership and destroyed its air force and navy, while a US blockade of Iranian oil has left Tehran in economic shambles.

The energy market continues to be spooked by the war and oil prices remain elevated.

Saudi Arabia earlier this month shuttered a key pipeline that acted as a relief valve for oil blocked in the Gulf. The kingdom made the move after the pipeline came under attack by Iran-backed militants in Iraq.

At the same time, territorial grabs by the Yemen-based Houthi rebels, another Iranian-backed group, near the Bab al-Mandab Strait has now made it treacherous for oil carriers to use that Red Sea shipping lane.

In his address, the president also touched on Russia's continuing war against Ukraine - a conflict that during his 2024 campaign he predicted would be resolved on Day One of his second term. He once again expressed hope that the conflict will soon be resolved.

Trump hasn't obscured that his patience is being tested by Ukraine's targeting of Russia's diesel refineries - an issue that's added to the global oil markets' volatility - and Russia's targeting of Ukraine's energy grid.

Trump last week asserted that he got the two sides to agree to not target each other's energy infrastructure.

Zelenskyy had said he was willing to go along with Trump's plan if Russia abided by it. Russia said it could only go along with Trump's energy truce proposal if Western energy sanctions on Moscow were lifted first.

The two sides have continued carrying out strikes on refineries and other energy infrastructure.

Trump noted that last week he signed a new sanctions bill targeting Moscow. It empowers him to impose up to 100% tariffs on the top five importers of Russian oil or natural gas.

The legislation includes an exception for countries that import less than 15% of Russia's natural gas exports and have taken significant steps to reduce those imports. Trump, however, has yet to enact the stiff penalties.

“If necessary, I will have to use them,” Trump said. “It's time to stop the killing.” (AP) SCY

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