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September 30, 2026
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Merger control clearance permits Chubu's acquisition of equity in Continuum Green Energy through primary and secondary transactions.
Competition Commission of India approval covers the acquisition of certain equity shareholding in Continuum Green Energy Limited by Chubu Electric Power Company Netherlands B.V. The proposed combination comprises a primary subscription for, and secondary purchase of, the Target's equity shares from Continuum Green Energy Holdings Ltd., Singapore. The Target and its Indian subsidiaries primarily generate and sell renewable power from wind and solar sources.
September 30, 2026
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Competition clearance authorises Bain Capital funds to acquire majority control of Everllence through a share transfer from Volkswagen.
Competition approval covers the indirect acquisition of a majority of the shares and voting rights in Everllence SE and its direct and indirect subsidiaries by funds managed or advised by Bain Capital Investors, LLC, from Volkswagen Aktiengesellschaft through a share transfer. Nikolaus (BC) Bidco GmbH acts as the purchaser and is a special purpose vehicle ultimately controlled by Bain Capital-managed or advised funds.
September 30, 2026
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Full-shareholding acquisition in crop protection receives competition clearance, combining businesses spanning agrochemicals, seeds, and agricultural equipment.
Competition Commission of India approved Crystal Crop Protection Limited's acquisition of the entire, fully diluted shareholding of FMC India Private Limited from FMC Netherlands Holdings II B.V. and its affiliates. The approved combination comprises the acquisition of 100% of FMC India's shareholding by Crystal Crop. Crystal Crop is an Indian public limited company engaged in development, manufacture, and distribution of crop protection products, seeds, and agricultural equipment.
September 30, 2026
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Investment facilitation supports cross-border manufacturing, technology, supply-chain, and business expansion partnerships between the two economies.
India-U.S. economic engagement extends beyond conventional trade to investment, manufacturing, technology, innovation, resilient supply chains, and high-value capabilities. Business engagement with manufacturing and technology companies addresses opportunities in India and expansion of partnerships. The Government of India indicates readiness to facilitate corporate operations, expansion, and investments in India.
September 30, 2026
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Monthly fiscal accounts report receipts, tax devolution, and revenue and capital expenditure against budget estimates.
Monthly accounts up to August 2026 record total receipts of Rs.13,67,709 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution to State Governments totals Rs.5,90,391 crore. Total expenditure is Rs.20,77,958 crore, divided between revenue expenditure of Rs.15,68,009 crore and capital expenditure of Rs.5,09,949 crore, with revenue expenditure including interest payments and major subsidies.
September 28, 2026
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Rules-based multilateral trade engagement supports bilateral agreement negotiations, enterprise opportunities, investment partnerships, and developing-country policy space.
India's G20 trade engagement promotes a rules-based, open and non-discriminatory multilateral trading system while preserving policy space for developing countries. Bilateral discussions seek to expand opportunities for farmers, fishermen, women entrepreneurs, startups, MSMEs and other enterprises. India-United States engagement is intended to advance a balanced Bilateral Trade Agreement and an interim trade deal, alongside investment and industry outreach promoting manufacturing partnerships with Indian enterprises.
September 28, 2026
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Cross-border investment facilitation under CEPA supports local-currency settlement, payment integration, joint projects and timely resolution of investor concerns.
Financial-sector cooperation covers local-currency settlement, integration of payment and messaging systems, and central-bank digital currencies, with steps to support timely implementation for more efficient, accessible and resilient bilateral trade and investment. The UAE-India Fast Track Mechanism remains available for addressing outstanding concerns affecting investments and companies in both jurisdictions, and the parties agreed to support timely resolution of such matters.
September 28, 2026
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Return filing and tax audit deadlines are extended for the identified taxpayer category under the applicable statutory framework.
CBDT extends the Assessment Year 2026-27 Return of Income filing deadline for persons identified at serial no. 2 in the Table below Explanation 2 to section 139(1) of the Income-tax Act, 1961, from 31 October 2026 to 21 November 2026. The specified date for furnishing the audit report for the same class is extended from 30 September 2026 to 21 October 2026.
September 28, 2026
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Courier-based gold smuggling enforcement targets concealed distribution through paper entities and foreign-origin gold consignments nationwide.
Coordinated customs enforcement targeted an organised gold-smuggling network that used courier consignments to distribute foreign-origin gold after cross-border entry. The operation led to seizure of 6.61 kg of gold bars under the Customs Act, 1962, and arrests of eleven associated persons. The network allegedly split gold into small consignments and used paper entities or persons without legitimate gold transactions to conceal distribution through courier channels.
September 28, 2026
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Anti-drug awareness and cultivator outreach combine prevention, direct grievance redressal, and safeguards against illicit narcotics diversion.
Jan Sunwayi programmes provide direct, prompt and accessible grievance redressal for opium cultivators, including name corrections, Namantaran, and eligibility connected with the upcoming Settlement Operation. Cultivators are advised to avoid middlemen or intermediaries and seek clarification or assistance directly. These measures complement anti-drug awareness and preventive outreach aimed at preventing illegal trafficking, diversion and abuse of narcotic drugs and psychotropic substances.
September 28, 2026
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NDPS enforcement targets concealed poppy straw, opium and cannabis trafficking through seizures, arrests, and continuing supply-chain investigation.
Narcotics enforcement operations in Rajasthan led to seizures of poppy straw, opium, hydroponic cannabis, cash, vehicles and a loaded country-made pistol, with four arrests. Poppy straw was recovered from vehicles and premises, including a truck where it was concealed beneath cement bags. Opium and cash were recovered from residential premises, while hydroponic cannabis concealed in an international parcel was recovered at the Foreign Post Office, Jaipur. The seized articles were taken under relevant provisions of the Narcotic Drugs and Psychotropic Substances Act, 1985, and supply-chain investigation continues.
September 28, 2026
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Free trade agreement market access is positioned to expand export opportunities and international investment for local entrepreneurs.
Free Trade Agreement-led market access is positioned to expand international opportunities for entrepreneurs in Uttar Pradesh by supporting exports, investment inflows and access to overseas markets. International trade engagement is supported through direct business access to global markets, buyer-seller meetings and promotion of the State's products, cuisines and services. Export expansion, international investment, tourism and global recognition of State brands form the stated next phase of economic development, supported by coordination between governments and trade and industrial stakeholders.
September 28, 2026
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Multilateral infrastructure cooperation guides annual development bank participation and bilateral engagement on sustainable investment and economic connectivity.
The official visit includes participation, as India's Governor, in the Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank, alongside bilateral meetings and engagement with governmental leadership, business leaders and investors. The AIIB focuses on sustainable infrastructure and productive-sector investment in Asia to promote sustainable economic development, wealth creation and infrastructure connectivity.
September 25, 2026
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Reciprocal trade agreement negotiations face tariff and subsidy pressures as both governments pursue lower bilateral trade barriers.
India-US bilateral trade negotiations seek completion of the first-phase Bilateral Trade Agreement through a reciprocal trade arrangement lowering trade barriers and tariffs. Further negotiations are required because of changed US tariff conditions, forced-labour tariffs on Indian goods, a possible investigation into excess industrial capacity and subsidies, and sanctions legislation relating to Russia. Ministerial and bilateral engagements will review progress on the proposed reciprocal arrangement.
September 25, 2026
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Banking strike contingency measures direct customers toward advance transactions and digital channels as branch operations may be disrupted.
Banking-service continuity measures anticipate possible disruption from a three-day employee strike. Customers are advised to complete essential transactions in advance and use ATMs/ADWMs, mobile and internet banking, UPI, business correspondent points and other digital channels. Branch and office operations at participating institutions may be affected, while essential services are to be maintained where possible. Union demands include a five-day banking week, pension improvements and transition options from the National Pension System to the old pension scheme.
September 25, 2026
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Government borrowing calendar: Reduced dated-securities borrowing will use weekly auctions, green bonds, switches and buyback operations.
Second-half dated-security borrowing will be completed through weekly auctions across maturities ranging from 3 years to 50 years, including Sovereign Green Bonds. Switching and buyback operations will continue to smooth the redemption profile, while a greenshoe option may permit retention of additional subscriptions. Treasury Bill borrowing will proceed through 91-day, 182-day and 364-day instruments. Auctions will offer non-competitive bidding for specified retail investors, and flexibility is retained to modify issuance terms or introduce non-standard maturity instruments, floating-rate bonds and inflation-indexed bonds.
September 25, 2026
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Interest-free working capital assistance for FCV tobacco growers supports liquidity, institutional loan repayment, crop inputs, and reduced private borrowing.
A one-time, interest-free working-capital loan of Rs. 50,000 per barn is approved for FCV tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme. Covering about 44,000 growers, the assistance is proposed to be delivered through direct benefit transfer. It is intended to provide liquidity for household requirements, institutional loan repayment and crop inputs, while reducing dependence on private borrowing.
September 25, 2026
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Government securities auction calendar establishes retail bidding access, flexible issuance terms, greenshoe subscriptions, and periodic debt switch operations.
Each auction carries a non-competitive bidding facility, under which five per cent of the notified amount is reserved for specified retail investors. The Government may modify indicated amounts, issuance periods and maturities, and may issue instruments with non-standard maturities, floating-rate bonds or inflation-indexed bonds, having regard to governmental requirements, market conditions and other relevant factors. It may retain additional subscriptions through a greenshoe option and conduct switch or buyback auctions of dated securities.
September 25, 2026
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Market borrowing plan sets dated securities auctions, Treasury Bill issuance, redemption management, and temporary cash-flow support.
Government market borrowing for the second half of FY 2026-27 is to be raised through weekly auctions of dated securities, including Sovereign Green Bonds, across maturities from 3 to 50 years. Debt-management measures include switching and buyback operations to smooth the redemption profile and a greenshoe option for additional subscriptions. Treasury Bills are to be issued through weekly auctions in 91-day, 182-day and 364-day maturities. The Ways and Means Advances limit is fixed to address temporary mismatches in government accounts.
September 25, 2026
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GI-tagged agricultural exports expand farmer access to international markets through FPO-led value chains and higher price realisation.
APEDA facilitated the export of a one-metric-tonne consignment of GI-tagged Gulbarga Tur Dal from Karnataka to the Maldives through an FPO-led brand. Gulbarga Tur Dal has held GI registration since 2019. The export-linked channel provides farmers a realisation of Rs.82 per kg compared with a prevailing market price of Rs.60 per kg, while supporting closer integration of FPOs and farmers into export-oriented supply chains.

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Jean-Marie Le Pen, French far-right leader known for fiery rhetoric against immigration, dies at 96

January 7, 2025

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Paris, Jan 7 (AP) Jean-Marie Le Pen, the founder of France's far-right National Front who was known for fiery rhetoric against immigration and multiculturalism that earned him both staunch supporters and widespread condemnation, died Tuesday. He was 96.

A polarizing figure in French politics, Le Pen was convicted numerous times of antisemitism, discrimination and inciting racial violence. Yet, despite those convictions and his eventual political estrangement, the nativist ideas that propelled his decades of popularity — encapsulated in slogans like “French People First” — remain ascendant in today's France, across Europe and beyond.

His statements — including Holocaust denial, racist denunciations of Muslims and immigrants, and his 1987 proposal to forcibly isolate people with AIDS in special facilities — shocked his critics and strained his political alliances. Le Pen routinely countered that he was simply a patriot protecting the identity of “eternal France.” Le Pen, who reached the second round of the 2002 presidential election, was eventually estranged from his daughter, Marine Le Pen, who renamed his National Front party, kicked him out and transformed it into one of France's most powerful political forces while distancing herself from her father's extremist image.

Jordan Bardella, president of the National Rally as the party is now known, confirmed Le Pen's death in a post on social media platform X. Bardella's unusually warm tribute described Le Pen as a “tribune of the people” who “always served France” and expressing condolences to his family.

The post appeared to blur the distance the rebranded party had sought to establish between its firebrand founder and its more polished, modern direction under Marine Le Pen.

French President Emmanuel Macron, a centrist, expressed “his condolences to (Le Pen's) family and friends,” in an uncharacteristically short statement issued by the presidential palace.

“A historic figure of the far right, he played a role in the public life of our country for almost 70 years, which is now a matter for history to judge,” the statement read.

Marine Le Pen, thousands of kilometers away in the French territory of Mayotte, was inspecting the aftermath of destructive Cyclone Chido at the time of her father's death.

His death came at a crucial time for his daughter. She now faces a potential prison term and a ban on running for political office if convicted in an embezzling trial.

A former paratrooper and Foreign Legionnaire who fought in Indochina and Algeria, the fiery Jean-Marie Le Pen was a wily political strategist and gifted orator who used his charisma to captivate crowds with his anti-immigration message.

The portly, silver-haired son of a Breton fisherman viewed himself as a man with a mission — to keep France French under the banner of the National Front. Picking Joan of Arc as the party's patron saint, Le Pen made Islam, and Muslim immigrants, his primary target, blaming them for the economic and social woes of France.

"If I advance, follow me; if I die, avenge me; if I shirk, kill me,” Le Pen said at a 1990 party congress, reflecting the theatrical style that for decades fed the fervor of followers.

Le Pen, who lost an eye in a street fight in his youth and for years wore a black eyepatch, was a constant force in French political life, impossible for politicians of the left or right to ignore. In election after election, he proved the spoiler, forcing rivals to scramble to counter him.

Today, the National Rally, the successor to the party he founded, has not only solidified its presence in French politics but also pushed Macron to the right on security and immigration, reflecting a broader shift in the political landscape.

Le Pen was notably convicted in 1990 for a radio remark made three years earlier in which he referred to the Nazi gas chambers as a “detail in World War II history.” In 2015, he repeated the remark, saying he “did not at all” regret it, triggering the ire of his daughter — by then the party leader — and a new conviction in 2016.

He also was convicted for a 1988 remark linking in a play on words a Cabinet minister with the Nazi crematory ovens, and for a 1989 comment blaming the “Jewish international” for helping seed “this anti-national spirit.” In another setback, Le Pen lost his European Parliament seat in 2002 for a year for assaulting a Socialist politician during a 1997 election campaign.

More recently, Le Pen and 26 National Front officials, including his daughters Marine and Yann Le Pen, have been accused of using money destined for EU parliamentary aides to pay staff who instead did political work for the party between 2004 and 2016, in violation of the 27-nation bloc's regulations. Jean-Marie Le Pen was deemed unfit to testify.

Le Pen had recently been exempted from prosecution on health grounds from a high-profile trial over his party's suspected embezzlement of European Parliament funds that opened in September.

French judicial authorities placed Le Pen under legal guardianship in February at the request of his family as his health declined, French media reported. He had been in frail health for some time.

Born June 20, 1928, in the Brittany village of Trinite-Sur-Mer, to Jean Le Pen, a fisherman who would die in World War II, and his wife Anne-Marie, Jean-Marie Le Pen proved an ambitious son attracted early on to the extreme right.

Armed with law and political science degrees, Le Pen made his way to Paris, and at 27 became the youngest lawmaker in the National Assembly under the banner of the Union for the Defense of Shopkeepers and Artisans, run by Pierre Poujade. His career never strayed from the far-right path.

In 1963, he and Leon Gaultier, who served in the Waffen SS, founded a company, SERP, that churned out political discourses. With the neo-fascist group New Order, Le Pen founded the National Front on Oct. 5, 1972.

It would take more than a decade for the party to emerge as a political force — in a September 1983 municipal election when Jean-Pierre Stirbois won 16.7% of the votes in the town of Dreux, west of Paris.

His private life was tumultuous.

An explosion destroyed the family apartment building in 1976 but injured neither Le Pen nor his wife and three children.

The French media relished recounting Le Pen's divorce saga from wife Pierrette Lalanne. In a reflection of that bitter separation, she famously posed for Playboy in 1987, partly dressed in a risque maid's costume. The magazine quoted her as saying she was responding to her husband's Playboy interview in which he said she could become a housekeeper if she needed money.

He married for a second time in 1991, to Jeanne-Marie Paschos, known as Jany.

Le Pen is survived by his wife and three daughters, Marie-Caroline, Yann and Marine. (AP) ZH ZH

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