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    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)
    Commerce and Industry Minister Shri Piyush Goyal Calls for Quality, Scale and Global Market Access to Drive India’s Industrial Transformation
    Economic Resilience, Thinner Buffers, Emerging Risks Globally: Where Does India Stand?[1] - Address by Dr. Poonam Gupta, Deputy Governor, Reserve Bank...
    Union Commerce and Industry Minister Shri Piyush Goyal’s Netherlands Visit Strengthens India-Netherlands Trade and Investment Partnership
    DPIIT Launches 6th Edition of National Startup Awards to Recognise Innovation and Entrepreneurship
    Commerce and Industry Minister Shri Piyush Goyal Meets H.S.H. Hereditary Prince Alois of Liechtenstein
    India and Mexico launch Negotiations for Preferential Trade Agreement, Sign Terms of Reference
    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
    DRI busts wildlife smuggling racket at Trichy Airport; 45 live reptiles recovered; 2 arrested
    Minister of State for Commerce and Industry, Shri Jitin Prasada, Calls on Liechtenstein Deputy Prime Minister to Strengthen Bilateral Trade and Invest...
    DPIIT Advances Trust-Based Governance Through Startup Support, Regulatory Reforms and Digital Single-Window Clearances
    Union Minister of Commerce and Industry Shri Piyush Goyal Holds High-Level Engagements in the Netherlands to Strengthen Bilateral Trade and Investment...
    CBIC actively implements Special Campaign 6 for institutionalising Swachhata and administrative efficiency.
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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.
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.

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Train Protection Warning System & Train Collision Avoidance System on Select Routes

February 26, 2015

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Railways Enhances Its Safety Measures

The Union Railway Minister Shri Suresh Prabhakar Prabhu has announced that Railways proposes to install Train Protection Warning System and Train Collision Avoidance System on select routes at the earliest. Presenting the Railway Budget for 2015-16 in Parliament today, he informed the members that to prevent fire in coaches and also prevent coaches from climbing over each other during accidents, RDSO has been asked to develop new systems.

 The Railway Minister informed the members that to curb derailments, modern track structure consisting of sleepers and heavier rails are being used while carrying out primary track renewals. Better welding techniques would also be promoted. Further, analogue machines for testing of rails are being replaced with digital type machines, which are more reliable.

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Acts Income Tax