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    US and China agree to extend trade truce by 2 months: Bessent
    DRI seizes around 21 kg foreign-origin gold worth Rs. 32 crore in crackdown on gold smuggling
    DRI seizes around 12 kg foreign-origin gold smuggled from Bangladesh worth Rs. 17 crore in a crackdown on cross border gold smuggling
    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman inaugurates BRICS Heads of Tax Authorities Meeting in New Delhi
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September 24, 2026
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Gold Smuggling Enforcement: Concealed foreign-origin gold recovered from vehicles and a traveller, with arrests under customs law.
Gold-smuggling enforcement involved the seizure of approximately 21 kg of foreign-origin gold in two operations and the arrest of five persons under the Customs Act, 1962. Gold bars were recovered from sophisticated vehicle-chassis cavities, while gold bars and cut pieces were recovered from a passenger's specially designed cotton waist belt. The operations concerned suspected cross-border gold movement and targeted organised smuggling networks using sophisticated concealment methods.
September 24, 2026
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Cross-border gold smuggling enforcement resulted in Customs Act seizures after coordinated recovery of foreign-origin gold from border locations and a passenger.
Cross-border smuggling of foreign-origin gold through the Bangladesh route led to coordinated recoveries and seizures under the Customs Act, 1962. Gold recovered near the India-Bangladesh border was taken over for customs proceedings, including a seizure under Section 110. Foreign-origin gold concealed by a train passenger was also recovered and seized, with investigation indicating its smuggling from Bangladesh.
September 24, 2026
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BRICS tax cooperation creates standing platforms for international taxation, revenue statistics, professional capacity building and peer learning.
India-led BRICS tax cooperation established standing Working Groups on International Taxation and Transfer Pricing and Revenue Statistics, providing institutional platforms extending beyond individual Chairships. It also institutionalised an annual Young Tax Professionals Capacity Building Programme, launched the BRICS Tax Cross-Learning Lab for peer learning on client-centric administration and human-resources practices, and approved the Terms of Reference for the BRICS Tax Support Network.
September 24, 2026
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Wildlife trafficking enforcement applies protected-species safeguards to seized Tokay Geckos and enables further statutory action against suspected illegal trade.
Wildlife-trafficking enforcement led to interception of two persons and seizure of 86 live Tokay Geckos under the Wildlife (Protection) Act, 1972. Tokay Geckos receive Schedule I protection under that legislation and are listed in Appendix II of CITES, regulating international trade. The persons and recovered geckos were transferred to the Mariani Range Forest Office for further action.
September 24, 2026
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Restricted firecracker imports concealed through misdeclaration trigger seizure and criminal investigation under customs enforcement law.
Concealment of restricted firecrackers within an import container declared as bottles and wallpaper resulted in customs seizure under the Customs Act, 1962. Firecracker imports are restricted under the Foreign Trade Policy and require valid Directorate General of Foreign Trade authorisation and a Petroleum and Explosives Safety Organisation licence under the Explosives Rules, 2008. Investigation into attempted clandestine clearance led to the arrest under the Customs Act of a key syndicate member alleged to have orchestrated the import.
September 24, 2026
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Merger-control approval permits FIHM's phased acquisition of IIFL Capital Services equity through subscription, open offer and promoter purchase.
Merger-control approval permits FIHM to acquire certain additional equity share capital of IIFL Capital Services through a preferential issue on a private-placement basis and through shares tendered in a mandatory open offer. FIHM may also buy shares from the target's promoters if its aggregate shareholding with HWIC remains below the Target Shareholding after these steps.
September 24, 2026
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Full ownership acquisition in beauty and personal care receives competition approval for skin care and hair care operations.
Competition approval covers L'Ore al India Private Limited's acquisition of the entire shareholding in Onesto Labs Private Limited. The proposed combination concerns India's beauty and personal care sector and places the Target under the Acquirer's full ownership. Both entities operate in beauty and personal care products, including skin care and hair care.
September 23, 2026
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Advance disbursement of central government pay addresses anticipated banking disruption, with subsequent adjustment against the following month's entitlements.
Advance disbursement of September 2026 salary, wages and pensions is authorised on 25 September for central government employees, industrial employees and pensioners because of the proposed bank strike. Payments constitute advance payments and must be adjusted after full monthly entitlements are determined, with any adjustment made from October salary or wages. End-of-month banking transactions should, where feasible, be processed in advance.
September 23, 2026
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Commercial vehicle after-sales support expands authorised repairs, genuine spares, roadside assistance, and uptime for remote high-altitude fleet operations.
Commercial vehicle after-sales support is expanded through a BharatBenz 3S facility operated by PPS Trucking for remote high-altitude fleet operations. The facility provides sales, authorised service, genuine spare parts, diagnostic systems, repair tools and round-the-clock roadside assistance. Trained technicians, service bays and regional spare-parts inventory are intended to reduce repair turnaround times and vehicle downtime. The support network serves commercial vehicles engaged in stone-crushing, road construction, communication-infrastructure transport and other heavy-duty operations in difficult terrain.
September 23, 2026
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Redeem-code eligibility limits govern BGMI's final Golden Miramar Pan reward drop through the official redemption portal.
BGMI's final redeem-code series offers limited-time Golden Miramar - Pan rewards through general redeem codes valid only until September 25 on the official redemption website. Redemption requires a Character ID, valid code, Captcha verification, and submission through the redeem centre. Each code is limited to 10 users on a first-come, first-served basis; users may redeem one code daily, and each code is usable once per account. Guest accounts are excluded, and in-game mail rewards must be claimed within 30 days.
September 23, 2026
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Aadhaar-based biometric attendance requires employee registration, integrates leave records, and triggers automated pay deductions for unauthorised absences.
Aadhaar Enabled Biometric Attendance System (AEBAS) is mandatory for regular and temporary government employees and integrates attendance and leave data with PRANALI. Monthly reports are verified to identify authorised leave and net absence. Remaining unauthorised absence may result in digitally issued extraordinary-leave or leave-without-pay orders, personnel-record updates, and automated salary deductions. Temporary employees' failure to record attendance is treated as leave without pay.
September 23, 2026
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Initial public offering by Swastika Infra combines a fresh issue and offer for sale, subject to approvals.
Swastika Infra Limited proposes an initial public offering comprising a fresh issue of equity shares and an offer for sale, with proposed listings on BSE Limited and National Stock Exchange of India Limited. The allocation framework covers qualified institutional buyers, anchor investors, non-institutional investors and retail individual investors. Net fresh-issue proceeds are intended for incremental working-capital requirements and general corporate purposes. Completion remains subject to statutory and regulatory requirements, approvals, market conditions and other considerations.
September 23, 2026
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Monetary policy tightening may follow resilient growth as inflation, conflict risks, and weather pressures reshape economic projections.
FY27 GDP growth projections were raised to a range of 6.9%-7.1% on stronger June-quarter activity, resilient demand, investment, consumption, exports, capital inflows and limited supply disruptions. Growth may moderate as energy costs reduce purchasing power, activity slows and weather risks persist. Policy-rate tightening is projected as an inflation response, with forecasts of a 25-basis-point increase and temporary rate rises to offset price pressures.
September 23, 2026
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Fisheries subsidy disciplines require transparent reporting, domestic monitoring, and coordinated implementation to address harmful subsidies and IUU fishing.
Fisheries subsidy disciplines target support linked to illegal, unreported and unregulated fishing, fishing of overfished stocks subject to rebuilding conditions, and fishing on the unregulated high seas. Members accepting the Agreement must implement and administer these disciplines and comply with notification and transparency obligations. Effective implementation depends on reliable fisheries data, monitoring and reporting systems, vessel registration, inter-agency coordination and technical capacity.
September 23, 2026
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Essential banking service continuity requires Sunday operations by public sector and regional rural banks during the proposed strike.
Public Sector Banks and Regional Rural Banks will function normally on Sunday, 27 September 2026, to prevent an extended interruption to public banking needs during the proposed nationwide strike. Reserve Bank approval covers full operation of branches, offices, ATM-link branches and Currency Chests, alongside measures intended to maintain uninterrupted essential banking services.
September 23, 2026
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Money laundering allegations in public recruitment describe CSR-linked payments, examination manipulation, and candidate payments treated as proceeds of crime.
Money-laundering allegations concerning state public-service examinations identify two alleged streams of proceeds of crime: corporate social responsibility funding allegedly routed to an institution controlled by the former commission chairman in return for favouring selected candidates, and money allegedly collected from candidates and families for advance access to examination papers and secured selection. The alleged CSR payment was projected as legitimate institutional funding, while candidate-related collections were allegedly possessed, used, transferred, or projected as legitimate transactions.
September 23, 2026
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Banking service continuity measures require public sector and regional rural banks to operate on Sunday during the proposed strike.
Banking-service contingency arrangements require Public Sector Banks and Regional Rural Banks to operate normally on Sunday, 27 September 2026, ahead of a proposed three-day bank strike. Reserve Bank approval permits bank branches, offices, ATM-linked branches and currency chests to remain fully operational. Customers are advised to use mobile banking, ATMs, internet banking, BC Points and UPI if the strike occurs, and to complete essential transactions in advance.
September 23, 2026
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Inflation-driven monetary tightening may accompany strong growth as demand, price increases and adverse supply conditions shape rate expectations.
Inflationary pressures, robust demand, price rises and adverse supply developments are expected to lead to policy-rate tightening by RBI. Fitch anticipates a 25-basis-point rate rise in October, further tightening in early 2027, followed by easing in 2028. Growth projections were upgraded following stronger-than-expected June-quarter activity, but activity is expected to moderate as the effects of GST rationalisation and income-tax cuts recede, manufacturing and services slow, and below-normal monsoon conditions affect activity.
September 23, 2026
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GDP growth forecast rises as domestic demand, investment, and public capital spending sustain economic resilience amid external risks.
India's GDP growth forecast for the current fiscal year is raised to 7 per cent, supported by investment demand, resilient consumption, manufacturing and services activity, lower-than-expected supply disruptions, and sustained capital inflows. Domestic demand, infrastructure expenditure, regulatory reforms, and improving private investment are expected to support growth. Inflation is projected to remain within the central bank's target range, subject to risks from geopolitical uncertainty, commodity prices, and weather-related disruption. Fiscal management is supported by public capital expenditure and robust direct-tax revenue.

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Some people trying to spread venom in society in name of caste: PM Modi

January 4, 2025

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New Delhi, Jan 4 (PTI) Prime Minister Narendra Modi on Saturday attacked Opposition for spreading venom in society in the name of caste and asked people to thwart such conspiracies with a view to strengthening the shared culture and heritage of villages.

Inaugurating the Grameen Bharat Mahotsav, the Prime Minister said his government has been focusing on rural development since 2014 and villages will play a key role in realising the dream of Viksit Bharat by 2047.

In an oblique reference to Congress leader and Leader of Opposition in the Lok Sabha Rahul Gandhi and other INDIA bloc leaders, Modi said some people are trying to spread venom in society in the name of caste and weaken the social fabric.

"We have to thwart these conspiracies, and preserve and strengthen the common heritage of our villages," he stressed.

Opposition leaders including Gandhi and Akhilesh Yadav have been continuously demanding caste census.

Modi said that since 2014, he has been constantly in the service of rural India.

"Ensuring a dignified life for the people of rural India is the priority of my government," the Prime Minister said and added that the vision of the government is to ensure an empowered rural India, provide ample opportunities for villagers, reduce migration and ensure ease of life to the people of villages.

Talking about the schemes to provide basic amenities in villages, Modi said toilets have been made as part of Swachh Bharat Mission, and crores of people in rural India have been given pucca houses as part of PM Awaas Yojana.

He said safe and clean drinking water is also being provided through Jal Jeevan Mission.

"Today, healthcare facilities are being provided in more than 1.5 lakh Ayushman Arogya Mandirs to the people," said the Prime Minister.

He added that telemedicine, assisted by digital technologies, has ensured the option of best doctors and hospitals to villages. Crores of people in rural areas have benefited from the telemedicine through e-Sanjeevini, he further added.

The Prime Minister highlighted the importance of creating economic policies to strengthen the rural economy.

He said the vision of his government is to empower rural India by transforming villages into vibrant centres of growth and opportunity.

"Our government's intentions, policies and decisions are empowering rural India with new energy," he said.

He noted that through the PM Kisan Samman Nidhi, farmers have received approximately Rs 3 lakh crore in financial assistance. Noting that over the past 10 years, the amount of agricultural loans has increased by 3.5 times, he mentioned that now livestock and fish farmers are being provided with Kisan Credit Cards.

In addition, more than 9,000 Farmer Producer Organizations (FPOs) in the country are receiving financial assistance. He further underlined that the government has consistently increased the MSP for several crops over the past 10 years.

"When intentions are noble, the results are satisfying," Modi said and added that the country is now reaping the benefits of the hard work done over the past 10 years.

Citing a recent large-scale survey that revealed several important facts, the Prime Minister noted that compared to 2011, consumption in rural India has nearly tripled, indicating that people are spending more on their preferred items.

He noted that previously, villagers had to spend more than 50 per cent of their income on food, but for the first time since independence, the expenditure on food in rural areas has fallen below 50 per cent, and are now spending on other desires and needs, improving their quality of life.

Highlighting another significant finding from the survey, which revealed that the gap in consumption between urban and rural areas has decreased, the Prime Minister remarked that it was previously believed that urban individuals could spend more than those in villages, but continuous efforts have reduced this disparity.

He noted that these achievements could have been realized during previous governments' tenures, but for decades after independence, lakhs of villages were deprived of basic necessities.

He pointed out that the majority of SC, ST, and OBC populations reside in villages and were neglected by previous governments. This led to migration from villages, increased poverty, and a widening gap between rural and urban areas.

In his speech, Modi also mentioned a recent study by the State Bank of India, which revealed that rural poverty in India has decreased from approximately 26 per cent in 2012 to less than 5 per cent in 2024.

In an apparent jibe at opposition parties, Modi said that while some people have been chanting slogans to eradicate poverty for decades, the country is now witnessing a real reduction in poverty.

Speaking at the occasion, Finance Minister Nirmala Sitharaman said banks have undertaken saturation drive for 16 government schemes including Pradhan Mantri Jan Dhan Yojana, PM Mudra and PM SVANidhi.

Celebrating Rural India's entrepreneurial spirit and cultural heritage, the Grameen Bharat Mahotsav 2025 is being organised from January 4 to 9 with the theme 'Building a Resilient Rural India for a 'Viksit Bharat 2047'.

The Mahotsav, through various discussions, workshops and masterclasses, aims to enhance rural infrastructure, create self-reliant economies, and foster innovation within rural communities. PTI NKD DP CS ANU ANU

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