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    September 5, 2026
    Union Minister of Commerce & Industry Shri Piyush Goyal Calls for Nationwide FTA Utilisation Drive to Expand India’s Global Trade Footprint
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September 5, 2026
Union Minister of Commerce & Industry Shri Piyush Goyal Calls for Nationwide FTA Utilisation Drive to Expand India’s Global Trade Footprint
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Free trade agreement utilisation requires district-level exporter support, rules-of-origin assistance, standards compliance, and coordinated market-access outreach nationwide.
Free Trade Agreement utilisation is to be advanced through coordinated action by central and state governments, sectoral ministries, Export Promotion Councils, industry associations and local export-support institutions. Preferential treatment is assessed against tariff rates faced by competing countries, while export competitiveness depends on scale, quality, customer trust and timely delivery. The Export Promotion Mission supports export credit, digitised compliance and FTA documentation, including rules-of-origin certification. District-level identification of products, clusters, new exporters and practical constraints, supported by workshops and rapid online facilitation, is intended to deepen market access.
September 5, 2026
Union Minister of Commerce & Industry Shri Piyush Goyal Calls Upon Automotive Industry to Deepen Localisation, Expand Exports and Prepare to Serve Global Markets
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Automotive localisation and export competitiveness are prioritised through global-standard manufacturing, technology partnerships, sustainable mobility, and government infrastructure support.
Automotive-sector localisation, export expansion and global-standard manufacturing are prioritised to strengthen India's role in global production and trade. Companies are urged to invest in technology, innovation, research and development, use domestic scale for overseas markets, and avoid supplying inferior products domestically. Trade agreements are positioned as channels for market access, technology absorption and exports. Greater indigenisation is encouraged through component localisation, technology collaborations and expanded exports, supported by critical minerals, batteries, indigenous energy sources, research funding, plug-and-play infrastructure and industrial ecosystems.
September 5, 2026
GeM and Textiles Committee Sign MoU to Boost Procurement of Recycled and Upcycled Textiles
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Circular textile procurement integrates certification, product categories and seller support to expand government markets for recycled materials.
Memorandum of Understanding for circular textile procurement links certification, standardisation and public-market access for recycled and upcycled products made from textile waste, scrap and second-hand clothes. The Textiles Committee will identify, verify, certify and recognise eligible producers and support specifications, catalogues and capacity building. Government e Marketplace will create dedicated product categories, onboard sellers, facilitate online market linkages, promote products to government buyers, and provide training and handholding to recyclers and upcyclers.
September 5, 2026
India–EU FTA Opens Huge Opportunities for Farmers, MSMEs, Innovators, Startups and Businesses in India and Europe: Commerce and Industry Minister Shri Piyush Goyal
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India-EU Free Trade Agreement promotes tariff reduction, market access, investment resilience, and India-Belgium industrial and skills cooperation.
India-EU Free Trade Agreement is presented as reducing or removing tariffs on more than 95 per cent of Indian and European goods exports while protecting sensitive sectors on both sides. It is intended to expand trade, investment and economic resilience, with the Port of Antwerp-Bruges serving as a major gateway for Indian exports into European markets. India-Belgium cooperation is identified in gems and jewellery, semiconductors, green hydrogen, advanced manufacturing, agriculture and food processing, supported by mutual recognition, workforce mobility, skills development and technology collaboration.
September 5, 2026
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MSME compliance capacity-building programme launches structured learning and workplace training to develop certified paraprofessional support.
Corporate Mitra Course has commenced to develop trained and certified paraprofessionals capable of providing affordable business and regulatory compliance support to Micro, Small and Medium Enterprises. The 12-month programme includes six months of structured academic learning and six months of on-the-job training in professional firms. Its digital learning system offers recorded lectures, reference materials, assessments and learner-support facilities. The programme aims to strengthen MSME formalisation, ease of doing business, trust, transparency, accountability and orderly growth.
September 5, 2026
NFRA Constitutes Advisory Committee on Audit Quality, Assurance and Technology
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Audit quality advisory committee broadens expert input on assurance, technology, and stakeholder perspectives in oversight.
NFRA has constituted an Advisory Committee on Audit Quality, Assurance and Technology under Rules 15 and 16 of the National Financial Reporting Authority Rules, 2018. The Committee will provide expert inputs and suggestions on matters significantly affecting audit quality, while supporting functions relating to awareness of auditing and accounting standards. Its members represent professionals, chief financial officers, audit committees, independent directors, technology experts, regulators and industry.
September 4, 2026
ED arrests ex-panchayat CEO who allotted govt funds for fake marriages during COVID lockdown
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Money laundering allegations over fraudulent marriage-assistance disbursements prompted investigation into false credentials and ineligible beneficiary payments.
Alleged money laundering arose from fraudulent disbursement of marriage-assistance funds intended for daughters of registered construction workers. The allegations include approvals and releases for suspicious marriage cases, use of bank accounts opened or misused on false credentials, multiple cash withdrawals, and extension of benefits to ineligible persons. Investigation under the Prevention of Money Laundering Act followed an economic-offences FIR concerning suspected misuse of the welfare scheme.
September 4, 2026
Goyal blames market conditions for Jet Airways' downfall; ED says he 'bled airline to death'
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Money-laundering allegations: discharge plea attributes airline's financial collapse to macroeconomic conditions and denies loan siphoning through sales agents.
Money-laundering proceedings arising from alleged bank fraud concern claims that loans advanced to an airline were siphoned off. The discharge application attributes the airline's financial collapse to adverse macroeconomic conditions rather than fraudulent conduct or laundering, denies diversion through General Sales Agents, and maintains that related payments were board-approved and disclosed. It also contests the treatment of the bank's outstanding claim as funds received by the founder, while the investigating agency alleges systemic fraud, loan diversion and laundering.
September 4, 2026
Rupee rises 8 paise to close at 94.43 against US dollar
Show AI Summary
Foreign exchange market conditions supported rupee appreciation, while oil prices and geopolitical tensions limited potential gains.
Foreign exchange market conditions supported the rupee's appreciation by 8 paise to 94.43 against the US dollar, aided by positive domestic equity markets, improved risk appetite, foreign capital inflows and foreign institutional buying. Reserve Bank of India intervention was also cited as support. Elevated crude oil prices, safe-haven dollar demand and United States-Iran tensions were identified as factors limiting further gains. India's foreign exchange reserves increased to a new all-time high during the relevant reporting week.
September 4, 2026
NSE gets regulatory nod for Rs 30,000 cr IPO, the biggest so far
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Offer-for-sale IPO clearance enables existing exchange shareholders to monetise holdings, while sale proceeds remain outside the exchange.
Regulatory clearance permits the National Stock Exchange to proceed with an initial public offering structured wholly as an offer for sale by existing shareholders. The proposed issue does not raise fresh capital, and sale proceeds will accrue to the selling shareholders rather than the exchange. Revised offer documents were required after addition of a selling shareholder, triggering a fresh public-feedback period. The offering follows settlement of co-location and dark-fibre matters and governance and compliance measures addressing regulatory concerns.
September 4, 2026
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Equity market resilience was tempered by profit booking, geopolitical tensions, global rate expectations and domestic liquidity.
Equity markets registered a recovery after four consecutive losing sessions, led by buying in metal, private banking, oil and gas, housing finance, telecommunication, insurance, commodities and financial services shares. The benchmark equity index closed higher, while the broader index recorded a modest gain after retreating from an intraday level above the psychological threshold during the newly introduced Closing Auction Session. Investor sentiment was supported by easing interest-rate concerns, strong earnings momentum, resilient economic growth and domestic demand, but was constrained by profit booking, geopolitical tensions and crude-oil price risks.
September 4, 2026
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September 4, 2026
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IPO regulatory clearance enables further public issue preparations, with existing shareholders proposing a complete offer for sale.
SEBI's final observations on the proposed initial public offering enable the National Stock Exchange to undertake further public-issue preparations, subject to applicable regulatory requirements. The proposed issue is structured entirely as an offer for sale, under which existing shareholders would divest a portion of their holdings rather than the exchange issuing new shares. The draft red herring prospectus contemplates sale of 14.89 crore shares, representing nearly 6 per cent of the exchange's stake.
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Ministry of Corporate Affairs (MCA) has filed prosecution against 780 listed companies under various sections of Companies Act, 2013 due to non-filing of Financial Statements and Annual Returns

March 24, 2018

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The Government has taken any steps against listed companies which are not functioning. Ministry of Corporate Affairs (MCA) has filed prosecution against 780 listed companies under various sections of Companies Act, 2013 due to non-filing of Financial Statements and Annual Returns.

As on 31st December 2015, there were 15.19 lakh registered companies in India. Of these, 10.7 lakh companies were active in which 7,269 were listed companies. There were only 7,270 active listed companies out of 17.21 lakh registered companies as on December 2017 whereas in December 2014 there were 7,261 active listed companies out of 14.39 lakh registered companies in India.

This was stated by Union Minister of State for Law & Justice and Corporate Affairs Shri P.P. Chaudhary in Lok Sabha.

The Registrar of Companies (RoCs)–wise number of registered and closed companies (under section 248(2), CA 2013) during the last two (2) financial years is as under:

Sl.No

Name of RoCs

FY 2015-16

FY 2016-17

Companies registered

 Closed Companies

Companies registered

 Closed Companies

1

AHMEDABAD

           3,692

                 1,253

                    4,645

               1,097

2

ANDAMAN

                -  

                      -  

                         38

                    -  

3

BANGALORE

           7,554

                   716

                    8,905

                 263

4

CHANDIGARH

           1,344

                   447

                    1,496

                 365

5

CHENNAI

           4,975

                 1,165

                    5,433

                 798

6

CHHATTISGARH

              420

                     56

                       537

                   84

7

COIMBATORE

           1,148

                   210

                    1,227

                 185

8

CUTTACK

           1,247

                     61

                    1,523

                   62

9

DELHI

          17,525

                 4,566

                   20,274

               3,684

10

ERNAKULAM

           2,202

                   467

                    3,067

                 358

11

GOA

              236

                     12

                       304

                 149

12

GWALIOR

           1,544

                   507

                    2,172

                 401

13

HIMACHAL PRADESH

              263

                   113

                       340

                   81

14

HYDERABAD

           7,938

                   235

                    8,895

                 217

15

JAIPUR

           2,330

                   854

                    2,695

                 605

16

JAMMU

              273

                     10

                       274

                   37

17

JHARKHAND

              866

                   151

                    1,029

                   55

18

KANPUR

           7,527

                 1,062

                    8,682

                 242

19

KOLKATA

           4,473

                 2,089

                    4,754

               2,628

20

MUMBAI

          11,183

                 2,276

                   12,345

               3,750

21

PATNA

           2,394

                   229

                    2,711

                 101

22

PONDICHERRY

                99

                     20

                         93

                   15

23

PUNE

           4,331

                   730

                    5,159

                 786

24

SHILLONG

              395

                     82

                       572

                   78

25

UTTARAKHAND

              522

                     37

                       678

                   19

TOTAL

          84,481

               17,348

                   97,848

             16,060

Section 248(1)(c) of the Companies Act, 2013 provides for removal of name of company from the register of companies if it is not carrying on any business or operation for a period of 2 (two) immediately preceding financial years and has not made any application within such period for obtaining the status of dormant company u/s 455.  Based on the above mentioned provision, 2.97 lakh companies were identified under this category as on 31.03.2017 and after following due process names of 2,26,166 companies were struck off from the register of companies as on 31.12.2017. The States/UTs-wise details of such 2,26,166 companies is:

Sl.No

States/UTs

 Removed from Register of companies

1

Andaman & Nicobar

                                    76

2

Andhra Pradesh

                               3,633

3

Arunachal Pradesh

                                  14

4

Assam

                               172

5

Bihar

                               1,557

6

Chandigarh

                               1,453

7

Chhattisgarh

                               906

8

Dadra & Nagar Haveli

                                    46

9

Daman and Diu

                                   13

10

Delhi

                             43,925

11

Goa

                               1,744

12

Gujarat

                             11,389

13

Haryana

                               3,882

14

Himachal Pradesh

                               754

15

Jammu & Kashmir

                               1,394

16

Jharkhand

                               636

17

Karnataka

                             18,165

18

Kerala

                             4,059

19

Lakshadweep

                                      3

20

Madhya Pradesh

                             4,702

21

Maharashtra

                             59,849

22

Manipur

                                 9

23

Meghalaya

                                30

24

Mizoram

                                    2

25

Nagaland

                                 6

26

Odisha

                               1,824

27

Puducherry

                               571

28

Punjab

                             2,928

29

Rajasthan

                             5,178

30

Sikkim

-

31

Tamil Nadu

                             24,723

32

Telangana

                             16,817

33

Tripura

                                  14

34

Uttar Pradesh

                             6,822

35

Uttarakhand

                           792

36

West Bengal

                             8,078

Total

                          2,26,166

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