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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
    DRI seizes 86 live Tokay Geckos in Assam in a crackdown on wildlife trafficking; two arrested
    DRI seizes 10,000 kg of firecrackers worth Rs. 3 crore at Nhava Sheva port
    CCI approves acquisition of certain additional equity share capital of IIFL Capital Services Ltd by FIH Mauritius Investments Ltd.
    CCI approves acquisition of Onesto Labs Private Limited by L’Oréal India Private Limited
    Central govt employees to get salary in advance on Sep 25 in view of 3-day bank strike
    BharatBenz Inaugurates India’s Highest-Altitude Workshop at Leh-Ladakh in Collaboration with PPS Trucking
    KRAFTON India Brings the Final BGMI Redeem Code Drop on September 23 with the Golden Miramar - Pan
    Sikkim govt to introduce Aadhaar-based biometric attendance for employees from Oct 1
    Swastika Infra Limited Announces Launch of Initial Public Offering
    S&P, Fitch, others raise FY’27 India GDP growth projections; see RBI rate hike on inflation fears
    Centre for Trade and Investment Law Hosts Webinar on WTO Fisheries Subsidies Agreement
    Banks to remain open on Sunday, 27th September, for convenience of customers
    CGPSC scam: ED alleges Rs 45 lakh 'CSR' payment to ex-CGPSC chief for favouring businessman's kin
    Banks to remain open on Sunday for customers' convenience in view of proposed strike
    S&P, Fitch raise FY'27 India GDP growth projections; see 25 bps RBI rate hike on inflation fears
    ADB raises India's GDP growth forecast to 7pc on stronger-than-expected Q1 growth
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September 24, 2026
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Trade truce extension maintains tariff pauses and export-restriction rollbacks while negotiations continue on broader economic commitments.
United States-China trade relations may remain governed by the Busan Agreement through January 10 under a stated two-month extension, though Chinese official confirmation is pending. The arrangement maintains pauses on elevated tariffs and prior rollbacks of restrictions affecting critical minerals and high-technology exports. Negotiations may produce a broader economic package or further continuation of existing terms, while implementation of agreed commitments is under review. The parties have also proposed reciprocal alerts on AI-related hacking incidents involving national-security concerns.
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
Show AI Summary
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
Show AI Summary
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
Show AI Summary
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
Show AI Summary
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
Show AI Summary
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
Show AI Summary
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
Show AI Summary
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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Wildfires latest: 10,000 structures burned in series of fires around Los Angeles

January 10, 2025

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Los Angeles, Jan 10 (AP) Firefighters battled Thursday to control a series of major fires in the Los Angeles area that have killed seven people, burned at least 10,000 structures from the Pacific Coast to Pasadena and sent thousands of people frantically fleeing their homes.

Ferocious winds that drove the flames and led to chaotic evacuations calmed somewhat, though forecasters warned the high fire weather risk would continue into Friday.

Firefighters struggled against blazes that have hopscotched across the sprawling region, including massive ones in Pacific Palisades and Altadena that were still burning Thursday evening.

Steve Kerr's mother among those who lost their home to the blazes The 90-year-old mother of Golden State Warriors head coach Steve Kerr is among thousands who have lost their homes as fierce wildfires rage in the Los Angeles area.

“My mom is in good hands, but her house is gone,” Kerr said Thursday night before the Warriors played the Detroit Pistons. “I've been on the phone with my siblings quite a bit.” Kerr said his mother, Ann, left her home in Pacific Palisades — Kerr's hometown — after the evacuation orders earlier in the week.

Death toll rises to 7 in Los Angeles-area fires County and city officials have confirmed that the death toll from the two main fires in and around Los Angeles has risen to seven.

There have been five deaths from the Eaton Fire near Pasadena, according to Carlos Herrera, a public information officer with the LA County Fire Department.

To the west in Pacific Palisades, two people have died in the fire burning in the LA area, according to LA Fire Department spokesperson Margaret Stewart.

Firefighters have achieved some containment of the Palisades Fire, officials say The Palisades Fire, which started Tuesday and has burned through the seaside enclave of Pacific Palisades in Los Angeles, remained uncontained until Thursday evening, when officials said containment was at 6%.

“Thank you to our brave firefighters working around the clock to combat the blaze fueled by hurricane-force winds,” Gov. Gavin Newsom said in a social media post.

All Los Angeles Unified schools to remain closed Friday All Los Angeles Unified schools and offices will remain closed on Friday because of the fires, district Superintendent Alberto Carvalho said Thursday evening.

Classes will not resume until the conditions improve, he said.

Carvalho said the district has lost two elementary schools and that one high school is significantly damaged. He also said the district's foundation is working to support district employees who have lost their homes.

900 more firefighters to battle fast-moving Kenneth Fire, governor says Gov. Gavin Newsom in a social media post Thursday evening said 900 additional firefighters are now being deployed to battle the fast-moving Kenneth Fire near the West Hills and Calabasas.

The fire ballooned in size — charring over a square mile (2.6 square kilometers) — within hours of igniting.

High fire weather risk to continue through Friday, forecasters say The high fire weather risk will continue through Friday, National Weather Service Los Angeles meteorologists said Thursday afternoon in a social media post.

Santa Ana winds will be moderate to strong Thursday night, keeping the fire weather threat in the area focused on Los Angeles and Ventura County into Friday morning.

“The threat doesn't end after Friday however,” the post said. Offshore winds will continue into early next week, peaking Sunday as well as Tuesday into Wednesday.

Los Angeles County officials mistakenly send evacuation alert countywide Officials with Los Angeles County say an evacuation order alert for residents near the Kenneth Fire in the West Hills was mistakenly sent countywide on Thursday afternoon.

Officials said in a social media post that the alert was only intended for residents of Calabasas and Agoura Hills.

Vice President Harris cancels final foreign trip of her term due to wildfiresVice President Kamala Harris is cancelling the final foreign trip of her term because of the wildfires in her home state of California, her office announced on Thursday.

Her decision follows a similar one made by President Joe Biden, who was due to travel this week to Rome to visit Pope Francis and meet with Ukrainian President Volodymyr Zelenskyy but instead stayed in Washington.

Harris had planned to visit Singapore, Bahrain and Germany from Jan 13 to 17.

Total damage due to wildfires could reach USD 150 billion, AccuWeather estimates AccuWeather, a private company that provides data on weather and its impact, on Thursday increased its estimate of the damage and economic loss to USD 135-$150 billion.

Previously, the company had estimated the damage could reach USD 57 billion.

Canada readies resources to help American neighbours' battle wildfires Canada's emergency preparedness minister says Canadian military personnel, their equipment and another 250 firefighters stand “ready to support our American neighbors” as wildfires devastate parts of Southern California.

Harjit Sajjan says Canada is ready to deploy 250 firefighters, aircraft equipment, and other resources as early as Thursday night.

Sajjan's pledge comes as the Canadian Interagency Forest Fire Centre said Thursday that the U.S. National Interagency Fire Centre asked for two of its CL-415 Skimmer Airtankers to join the fight against the fires.

Alberta is preparing to send water bombers, night-vision helicopters and incident command team support. Premier Danielle Smith said on social media that the province was working with the agency and the federal government to assess California's needs.

“Good neighbors are always there for each other in times of need, and we will assist our American friends in any way they need during this crisis,” Smith said.

Biden tells Los Angeles fire victims the federal government will be with them Biden said his message to the people of Southern California is: “We are with you. We're not going anywhere.” But with less than two weeks left in his term, it's a promise he might not hold.

Republican Donald Trump takes over on Jan. 20, and he was at odds with California's Democratic governor, Gavin Newsom, over wildfires the first time he was president.

Trump lately has been referring to Newsom by putting a derogatory spin on his last name. He also has blamed Newsom for the fire currently raging in Los Angeles.

New fire near West Hills neighborhood forces more evacuations More evacuations are underway across Los Angeles because of another fire that ignited Thursday afternoon.

The Los Angeles Fire Department issued orders for what's being called the Kenneth Fire near the West Hills neighborhood of LA in the San Fernando Valley. The fire quickly triggered mandatory evacuations in the area, which has many homes. (AP) NSA NSA

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