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    Union Minister of Commerce and Industry Shri Piyush Goyal to Visit the United States to Participate in G20 Trade Ministers’ Meeting
    14th India-UAE High Level Joint Task Force Meeting Held in Mumbai
    CBDT extends due date for furnishing Return of Income for AY 2026-27 in respect of persons subject to audit under the Income-tax Act, 1961
    DRI busts pan-India gold smuggling network and seizes around 6.6 kg of foreign-origin gold worth more than Rs. 10 crore; 11, including a mastermind, a...
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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
Show AI Summary
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.
September 25, 2026
Show AI Summary
Trader welfare policy discussions covered GST reform, digital commerce, finance access, export promotion, and coordinated institutional support.
Deliberations covered GST rationalisation, refund delays, audit duration, amnesty schemes, input tax credit anomalies and pending appeals, alongside proposed inclusion of traders in MSME facilitation committees, a centralised loan portal with a 30-day timeline, CIBIL score reforms and grievance helplines. Trader welfare measures considered timely contractor payments, safeguards against technical penalties, loan-repayment flexibility during lean periods and stronger Centre-State coordination.
September 25, 2026
Show AI Summary
Gold smuggling through powdered gold concealed in food products led to seizure and arrests under customs law.
Intelligence-led interception and baggage examination identified foreign-origin gold converted into fine powder and mixed with packaged food products of similar colour, texture and consistency. Segregation and assaying yielded 9.40 kg foreign-origin gold, which was seized under the Customs Act, 1962. Questioning linked the passengers to the same organised gold-smuggling syndicate, and they were arrested under that Act.
September 25, 2026
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Customs seizure of suspected smuggled areca nuts and restricted poppy seeds followed intelligence-led cross-border enforcement operations.
Intelligence-led customs enforcement in Mizoram and Assam resulted in seizure, under the Customs Act, 1962, of suspected foreign-origin areca nuts and poppy seeds believed on preliminary inquiry to have been smuggled from Myanmar. Searches of locked, unattended godowns near the Indo-Myanmar border recovered the commodities, while interception of two trucks carrying poppy seeds without valid import documents led to seizure of the consignments and vehicles. Four persons connected with transportation of the poppy seeds were arrested.
September 25, 2026
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Industrial control system cybersecurity certification validates system-level protection across wind farm controls, networks, and lifecycle security services.
IEC 62443-3-3 Security Level 2 certification applies to a wind farm control system covering SCADA, PPC, PLC and industrial network devices. It assesses system-level security requirements, including the interaction of components, networks and security mechanisms within an overall industrial control environment. The cybersecurity framework also spans secure development, certified core control components, system-level protection, and security integration and maintenance services across the lifecycle of wind energy technologies.
September 25, 2026
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Foreign exchange reserve composition reflects a weekly decline driven by foreign currency assets despite a modest gold increase.
India's foreign exchange reserves declined by USD 14.881 billion to USD 765.901 billion for the week ended 18 September 2026. The contraction was principally driven by a reduction in foreign currency assets, which also reflect valuation effects from movements in non-US reserve currencies. Gold reserves increased, while Special Drawing Rights decreased and the reserve position with the International Monetary Fund remained reported separately.

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Fighting in Sudan's civil war sets ablaze country's largest oil refinery, satellite photos show

January 25, 2025

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Dubai, Jan 25 (AP) Fighting around Sudan 's largest oil refinery set the sprawling complex ablaze, satellite data analysed by The Associated Press on Saturday shows, sending thick, black smoke over the country's capital.

Forces loyal to Sudan's military under army chief Gen Abdel-Fattah Burhan later claimed they captured the refinery, owned by Sudan's government and the state-run China National Petroleum Corp. The facility represents a long-sought prize for the military in its civil war with the rebel Rapid Support Force.

International mediation attempts and pressure tactics, including a U.S. assessment that the RSF and its proxies are committing genocide, have not halted the fighting.

The al-Jaili refinery sits some 60 kilometers (40 miles) north of Khartoum, the capital. The refinery has been subject to previous attacks as the RSF has claimed control of the facility since April 2023 and their forces had been guarding it. Local Sudanese media report the RSF also surrounded the refinery with fields of landmines to slow any advance.

But the facility, capable of handling 100,000 barrels of oil a day, remained broadly intact until Thursday. On that day, an attack at the refinery set fires across the complex, according to satellite data from NASA satellites that track wildfires worldwide.

Satellite images taken by Planet Labs PBC on Friday for the AP showed vast areas of the refinery ablaze. The images, shot just after 1200 GMT, showed flames shooting up into the sky in several spots. Oil tanks at the facility stood burned, covered in soot.

Thick plumes of black smoke towered over the site, carried south toward Khartoum by the wind. Exposure to that smoke can exacerbate respiratory problems and raise cancer risks.

In a statement released Thursday, the Sudanese military alleged the RSF was responsible for the fire at the refinery.

The RSF “deliberately set fire to the Khartoum refinery in al-Jaili this morning in a desperate attempt to destroy the infrastructures of this country," the statement read.

“This hateful behaviour reveals the extent of the criminality and decadence of this militia ... (and) increases our determination to pursue it everywhere until we liberate every inch from their filth.” The RSF for its part alleged Thursday night that Sudanese military aircraft dropped “barrel bombs” on the facility, “completely destroying it.” The RSF has claimed the Sudanese military uses old commercial cargo aircraft to drop barrel bombs, such as one that crashed under mysterious circumstances in October.

Neither the Sudanese military nor the RSF offered evidence to support their duelling allegations. But on Saturday, multiple videos emerged of Burhan's forces claiming to have entered the refinery's compound, the sound of heavy gunfire heard in the background.

Sudan's military spokesman, Brig. Gen. Nabil Abdallah, also told the AP they had taken control of the refinery. The RSF did not immediately address the claim, nor another by Sudan's military they had broken a monthslong siege on the Signal Corps headquarters in northern Khartoum.

China, Sudan's largest trading partner before the war, has not acknowledged the blaze at the refinery. The Chinese Foreign Ministry did not respond to a request for comment.

China moved into Sudan's oil industry after Chevron Corp. left in 1992 amid violence targeting oil workers in another civil war. South Sudan broke away to become its own country in 2011, taking 75% of what had been Sudan's oil reserves with it.

United Nations Secretary-General Antonio Guterres “is following with great concern the recent escalation of fighting in Sudan” a statement from his office Friday said, specifically mentioning the oil refinery attack.

“The secretary-general urges the parties to refrain from all actions that could have dangerous consequences for Sudan and the region, including serious economic and environmental implications,” the statement said.

Losing the refinery would have a major effect on the economies of both Sudan and South Sudan.

“The destruction of the refinery would force the Sudanese people to rely on more expensive fuel imports,” warned Timothy Liptrot in an analysis for the Small Arms Survey in May 2024. “As the conflict progresses, a norm that exists among the RSF and (the Sudanese military) against damaging Sudan's accumulated capital is breaking down, with permanent damage to Sudan's refining infrastructure becoming increasingly possible.” Sudan has been unstable since a popular uprising forced the removal of longtime dictator Omar al-Bashir in 2019. A short-lived transition to democracy was derailed when Burhan and Gen. Mohammed Hamdan Dagalo of the RSF joined forces to lead a military coup in October 2021.

Al-Bashir faces charges at the International Criminal Court over carrying out a genocidal campaign in the early 2000s in the western Darfur region with the Janjaweed, the precursor to the RSF. Rights groups and the U.N. say the RSF and allied Arab militias are again attacking ethnic African groups in this war.

The Biden administration also sanctioned Burhan in its last days over his forces' “lethal attacks on civilians, including airstrikes against protected infrastructure including schools, markets and hospitals.” It also said Burhan's troops were “responsible for the routine and intentional denial of humanitarian access, using food deprivation as a war tactic.” The RSF and Sudan's military began fighting each other in April 2023. Their conflict has killed more than 28,000 people, forced millions to flee their homes and left some families eating grass in a desperate attempt to survive as famine sweeps parts of the country.

Other estimates suggest a far higher death toll in the civil war. (AP) NSA NSA

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