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    NLMC’s 21st Board Meeting Reviews progress of monetisation programme; stresses on Accelerated Asset Monetisation;
    25th Meeting of SCO Ministers Responsible for Economic and Foreign Trade Activities Held in Tajikistan
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September 19, 2026
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Asset monetisation of surplus public land and buildings is accelerated through transparent, value-oriented processes and stakeholder coordination.
NLMC's Board recommended monetisation proposals involving surplus land and building assets valued at over Rs. 5,000 crore. Monetisation is facilitated through asset identification, due diligence, valuation and appropriate process structuring, with emphasis on transparency, efficiency and value realisation. Sustained coordination with asset-owning entities is intended to expedite implementation and support timely, commercially appropriate monetisation of underutilised public assets.
September 18, 2026
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Trade facilitation and digitalisation support regional economic cooperation through simpler customs procedures, paperless exchange, resilient supply chains, and MSME access.
Priority measures included expanded intra-SCO trade, lower trade costs, resilient and diversified supply chains, trusted multimodal connectivity, greater market access, simplified customs processes, paperless trade and electronic document exchange. Digital and cross-border payments and accessible trade finance were identified to enable MSMEs and start-ups to participate in trade and value chains. Ministers agreed an Action Plan for 2026-2030 for further approval and approved regulations for a special working group on creative-economy development.
September 18, 2026
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Competition clearance for additional shareholding acquisition facilitates increased investment in Azure Power's renewable energy business by OMERS Infrastructure.
Competition approval has been granted for a proposed combination involving OMERS Infrastructure Asia Holdings Pte. Ltd.'s acquisition of certain additional shareholding in Azure Power Global Limited from CDPQ Infrastructures Asia Pte. Ltd. Azure Power Global Limited is the parent entity of the Azure group, which establishes and operates renewable energy plants and sells solar power in India.
September 18, 2026
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Competition approval for interconnected acquisitions enables shared equity acquisition in Great White and sole control acquisition in ITVIS.
Competition-law approval covers an interconnected combination involving acquisition of 50% of Great White Global Private Limited's issued and paid-up equity share capital by EAAA Acquiring Entities and the Continuing Promoter group, through inter-connected steps using an acquisition special purpose vehicle that will merge into Great White. The combination also includes Mr. Mehul Shah's acquisition of sole control over ITVIS Innovations Private Limited.
September 18, 2026
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Competition approval for acquiring three Royals franchises covers cross-border professional cricket franchise ownership interests and related transaction arrangements.
Competition Commission of India granted competition approval for the proposed combination involving Westview Cricket Limited and Poonawalla Sports and Fitness Private Limited acquiring the Rajasthan Royals, Paarl Royals and Barbados Royals professional cricket franchises. The franchises operate respectively in India, South Africa and Barbados, with Rajasthan Royals participating in the Indian Premier League T20 cricket tournament organised by the Board of Control for Cricket in India.
September 17, 2026
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Intergovernmental fiscal coordination will guide deliberations on macroeconomic priorities, agricultural transformation, energy transition, growth measurement, and technology-enabled governance.
The thematic programme covers the macroeconomic outlook, financing agricultural transformation, and financing the energy transition. Background material addresses macroeconomic pathways, private financing, implications of GST 2.0 for States, agricultural markets and marketing, agricultural resilience and sustainable resource use, renewable energy and transmission assets, and carbon capture, utilisation and storage. Further sessions address measurement of growth outcomes and the contribution of new-age technology to good governance.
September 16, 2026
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Credit rating transparency strengthens public enterprise access to debt markets through disclosure, risk assessment, and capital structure optimisation.
Objective and independent credit ratings measure CPSE financial strength, risk, credibility, and public-sector creditworthiness, supporting benchmarking and cost-effective access to global and domestic debt markets. Engagement between CPSE leadership and rating agencies focuses on rating methodologies, risk pricing, debt-market dynamics, transparent disclosures, and capital-structure optimisation. Such engagement is directed toward improving credit assessment, investor information, regulatory compliance, funding access at competitive rates, and market-facing disclosure practices.
September 16, 2026
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Methamphetamine trafficking enforcement enabled coordinated vehicle interceptions, contraband seizures, and arrests under narcotic drug control law.
Intelligence-led narcotics enforcement led to the interception of four trucks in Assam and Tripura suspected of carrying methamphetamine tablets concealed in vehicle cabins. A total of 231.8 kg of suspected methamphetamine tablets, along with all four vehicles, was seized under the NDPS Act, and three persons were arrested. The action involved coordinated surveillance, interception and searches directed at an alleged drug-smuggling syndicate.
September 16, 2026
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UPI merchant discount rate framework preserves free individual and small-merchant payments while charging specified larger merchant transactions.
UPI person-to-person transactions remain free irrespective of value, and person-to-merchant payments up to Rs.2,000 remain outside the merchant discount rate framework. Small merchants receiving qualifying UPI QR payments under the P2PM category continue to receive zero MDR treatment. MDR applies only to specified merchant payments above the threshold, with separate treatment for essential sectors and capital-market payments. Customers are not liable for MDR, merchants must not pass it on, and UPI application providers may not levy platform fees or hidden charges. MDR revenue supports payment ecosystem participants and small-merchant UPI adoption.
September 15, 2026
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Official Language Hindi implementation and innovative official use receive recognition for advancing departmental language compliance and adoption.
Department of Financial Services received the First Prize under the Rajbhasha Kirti award for outstanding implementation and innovative achievements in Official Language Hindi during 2025-26. Recognition was conferred for effective use of Hindi in official work, efforts to maximise its departmental use, and promotion of innovative and creative Hindi-language practices.
September 15, 2026
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Expansion of the India-MERCOSUR Preferential Trade Agreement begins negotiations to broaden cooperation and define the future agreement's scope.
Expansion of the India-MERCOSUR Preferential Trade Agreement has entered negotiations to broaden the existing arrangement into areas of mutual interest. The proposed expansion seeks to deepen economic relations and create greater benefits and opportunities for the respective private sectors. Terms of Reference are being finalised to define the scope and structure of the future expanded agreement.
September 11, 2026
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Industrial smart cities support manufacturing partnerships, localisation, technology collaboration and investor facilitation for expanded operations in India.
NICDC conducted business-to-business meetings with Russian counterparts, BRICS delegates, prospective investors and industry representatives to explore manufacturing partnerships, localisation, technology collaboration and supply-chain integration. Industrial Smart Cities were presented as platforms offering serviced industrial land, quality infrastructure, multimodal connectivity and investor facilitation for manufacturing investment. The engagements promoted collaboration among manufacturers, technology providers and supply-chain participants.
September 10, 2026
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Responsible financial technology requires purpose-led design, proportionate safeguards, accountable governance, and adaptive policy to protect customers and resilience.
Emerging financial technologies should be evaluated by the financial need they address rather than by novelty alone. Their benefits depend on inclusive design choices such as interoperability, common standards and accessibility. Prudence requires safeguards against risks arising from automation speed, concentration in technology dependencies and opacity in advanced models. Institutions remain accountable for customer fairness and risk management despite algorithmic decision-making or third-party technology provision. Policy should apply proportionate governance, validation, oversight and intervention requirements, while allowing controlled experimentation and adaptive supervision to support responsible innovation.
September 10, 2026
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Industrial smart cities and digital logistics underpin manufacturing investment, localisation, technology partnerships and India-Russia industrial cooperation.
The National Industrial Corridor Development Programme spans industrial corridors and greenfield industrial smart cities designed as plug-and-play manufacturing ecosystems with serviced land, utilities, ICT infrastructure and multimodal connectivity. India-Russia engagement covers manufacturing investment, technology cooperation, localisation, business matchmaking and possible industrial clusters. NICDC also supports PM MITRA Parks, BHAVYA industrial parks, GIS-enabled industrial land information and digital logistics platforms to improve site selection, container visibility, logistics efficiency and data-driven decision-making.
September 10, 2026
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Wildlife trafficking enforcement targets protected species trade through coordinated seizures, arrests, and transfer for action under wildlife protection law.
Intelligence-led enforcement against illegal wildlife trafficking involved six coordinated operations, seizures of protected wildlife and derivatives, and arrests. The operations addressed alleged poaching, possession, transportation, sale and trafficking of leopard pelts, live Indian star tortoises, live tokay geckos, pangolin scales and tiger bones under the Wildlife (Protection) Act, 1972. Recovered articles, apprehended persons and relevant vehicles were transferred to Forest Department officers for investigation and further action.
September 9, 2026
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Bilateral trade and investment cooperation advances through market-access dialogue, business linkages, and a time-bound trade agreement review.
India and Thailand discussed expansion of bilateral trade and investment, stronger business-to-business linkages, trade-promotion activities, and wider market opportunities for enterprises. Progress in reviewing the ASEAN-India Trade in Goods Agreement was considered, with emphasis on time-bound engagement through the India-Thailand Joint Trade Committee. The discussions supported a balanced and mutually beneficial framework for greater market access, resolution of market-access issues, and stronger regional and global supply-chain linkages.
September 9, 2026
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Fintech-enabled financial inclusion advances through digital payments, MSME credit access, responsible innovation, and trust-centred financial safeguards.
Fintech expands financial inclusion through digital payment and banking infrastructure, enabling customers to transact, save and borrow through accessible channels. It improves efficiency through faster account opening and payment settlement, lower transaction costs, AI-driven fraud detection and real-time supervision. Cash-flow-based lending, account aggregators and the Unified Lending Interface support collateral-light formal credit for micro, small and medium enterprises. Regulatory engagement supports self-regulation, digital public infrastructure and responsible innovation while safeguarding trust, safety, inclusion, fairness and efficiency.
September 9, 2026
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Illicit cannabis trafficking enforcement targets concealed consignments across road, rail and air routes, using seizures and arrests under narcotics law.
Directorate of Revenue Intelligence operations targeting illicit narcotic drug trafficking resulted in the seizure of around 740 kg of cannabis, high-grade hydroponic cannabis and charas, and the arrest of 13 persons under the NDPS Act, 1985. Road-based interceptions involved drugs concealed in trucks and cars, including loading areas, floor cavities and secret compartments. Rail and air-route interdictions addressed passenger-based trafficking, including charas concealed on train passengers and high-potency cannabis carried by passengers arriving on international flights.
September 8, 2026
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Performance-linked incentives for public sector bank executives are kept in abeyance pending bipartite settlement and joint note discussions.
Implementation of the Performance Linked Incentive Scheme for Public Sector Bank executives is kept in abeyance for FY 2025-26 following employee concerns about its structure. The scheme will be considered during ongoing Bipartite Settlement and Joint Note discussions. Employee representatives also raised issues concerning ex-gratia benefits and medical facilities for retired employees. The concerns are to be addressed through dialogue, consultation and mutual understanding.
September 7, 2026
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Medical value tourism quality standards prioritise verified hospitals, ethical treatment, transparent pricing, and seamless international patient care.
Medical value tourism is proposed to expand through trained caregivers, transparent treatment packages, ethical hospital practices, seamless reimbursement and cashless-payment systems, telemedicine, and verified hospital participation. International patients are intended to receive care through accredited quality systems, supported by interpreters, global outreach, and coordinated healthcare networks. Expansion beyond metropolitan areas must maintain equivalent high-quality care for domestic and foreign patients without discrimination. Certification systems are expected to remain professionally independent and free from unethical influence.

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DRI seizes two leopard pelts; 180 live Indian star tortoises; 12 live tokay geckos; around 24 kg pangolin scales and 500 grams tiger bones

September 10, 2026

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Thirteen persons have been arrested in six pan-India operations in crackdown on illegal wildlife trade

Continuing its intelligence-led crackdown on the illegal trafficking of protected wildlife and wildlife derivatives, the Directorate of Revenue Intelligence (DRI) conducted six significant operations at different locations across the country in last 10 days, resulting in the seizure of a two leopard pelts, 180 live Indian Star Tortoises, 12 live Tokay Geckos, around 24 kg Pangolin Scales and 500 grams Tiger bones. Thirteen persons were arrested across these six operations.

In an intelligence led operation on 07.09.2026, officers of DRI, in Jeypore, Koraput district, Odisha, intercepted a person and recovered one leopard pelt from his possession. Leopards are protected under Schedule I of the Wildlife (Protection) Act, 1972, and trade, sale, purchase, possession or transportation of their pelts or parts is prohibited. The leopard pelt and the apprehended person were handed over to the State Forest Department, Koraput, for further investigation and legal action under the Act.

In another operation on the same day, officers of DRI intercepted a person   near Gandhinagar, Bengaluru and examination of his baggage resulted in the recovery of 180 live Indian Star Tortoises concealed in six cloth covers. The species was identified by the Wildlife Crime Control Bureau (WCCB) as Geochelone Elegan and is listed under Schedule I of the Wildlife (Protection) Act, 1972. The striking star-like pattern on the shell of the Indian Star Tortoise has made it particularly attractive in the exotic pet and wildlife-collector markets, driving illegal capture and international trafficking. The 180 live tortoises were seized under the Act and the accused was arrested.

In the third operation on 07.09.2026, officers of DRI, intercepted a Bolero truck   in Ri-Bhoi district, Meghalaya, while it was proceeding towards Mawhati. Thorough checking of the vehicle led to the recovery of 14.68 kg dried Pangolin scales, packed in three carry bags. Pangolins are protected under Schedule I of the Wildlife (Protection) Act, 1972 and are also listed in Appendix I of CITES. Pangolins are among the most heavily trafficked mammals in the world, with their scales primarily sought for use in traditional medicine in parts of Asia. The recovered pangolin scales, along with the apprehended person and the vehicle, were handed over to the Range Forest Officer, Nongpoh, Meghalaya, for further necessary action.

Earlier, on 05–06.09.2026, DRI officers, in in an operation targeting an illegal leopard skin trade network, coordinated with the Forest Department, Sidhi, Madhya Pradesh and intercepted four persons in Sidhi district. One leopard skin was recovered from two persons travelling in a Mahindra Thar.  Follow-up investigations and searches led to the identification and interception of two further members of the syndicate, besides recovery of incriminating evidence relating to the alleged illegal poaching, possession, transportation and proposed sale of leopard skin and its parts. The leopard skin and vehicle were seized and the persons were handed over to the Forest Department, Sidhi, for further action under the Wildlife (Protection) Act, 1972.

On 05.09.2026, DRI officers, acting on specific intelligence regarding an illegal wildlife trade, intercepted two persons, in Keokhali, Assam and recovered 12 live Tokay Geckos from their possession. The Tokay Gecko is listed under Schedule I of the Wildlife (Protection) Act, 1972 and CITES Appendix II. Tokay Geckos are trafficked mainly for their use in traditional medicine in parts of Asia, particularly in dried form,   but also has some demand as an exotic pet. The live geckos were seized under the Act and the two apprehended persons, along with the wildlife articles, were handed over to the Range Forest Officer, Biswanath Wildlife Division, Assam, for further action.

Earlier, on 28.08.2026, DRI officers in Karbi Anglong district, intercepted three persons travelling in a vehicle, and the operation resulted in the recovery of  around 9 kg Pangolin scales and approximately 0.5 kg of Tiger bone set with skull and teeth. The recovered wildlife articles and vehicle were seized under the Wildlife (Protection) Act, 1972, and the three persons were handed over to the Forest Range Officer, Bokolia, Assam, for further necessary action.

The diverse recoveries — from live endangered wildlife to animal skins, pangolin scales and tiger parts — also demonstrate the varied forms in which wildlife is trafficked and the need for sustained inter-agency coordination.

DRI has been successfully disrupting wildlife trafficking networks and protecting India's rich biodiversity through coordinated, intelligence-driven enforcement under the Wildlife (Protection) Act, 1972, in close cooperation with the Forest Departments, WCCB, and other enforcement agencies.

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