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    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
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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.
September 23, 2026
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Primary and secondary investment funds ammunition manufacturing expansion, increasing small-caliber capacity and establishing medium-caliber production.
Hughes Precision Manufacturing Pvt. Ltd. completed a Rs. 250+ crore investment round through primary and secondary investments. The capital will expand small-caliber ammunition capacity from approximately 80 million to 220 million rounds and establish a dedicated medium-caliber ammunition manufacturing facility. The expansion broadens its product portfolio and is supported by an order book exceeding Rs. 1,000 crore, including domestic defence and export orders scheduled for execution over approximately two years.
September 23, 2026
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GDP growth outlook signals resilient expansion, but inflation, weaker rural demand, and supply pressures may prompt monetary tightening.
India's FY 2026-27 GDP growth forecast is raised to 6.9 per cent from 6.4 per cent, reflecting strong June-quarter growth and economic resilience. Economic momentum is projected to moderate as slower manufacturing and services expansion, below-normal monsoon rains, and rising inflation constrain demand. Strong demand, price increases and adverse supply conditions are expected to lead to monetary tightening.
September 23, 2026
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FEMA scrutiny of insolvency acquisitions examines fund flows and possible indirect control by potentially ineligible resolution participants.
FEMA investigation concerns suspected foreign-exchange contraventions and the source and movement of funds used to acquire control of McNally Bharat Engineering Company Limited following its corporate insolvency resolution process. The inquiry also examines whether the process may have enabled persons potentially ineligible under Section 29A of the Insolvency and Bankruptcy Code, 2016, to regain indirect control of the company.
September 23, 2026
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Export facilitation reforms integrate local support, digital trade intelligence, and streamlined Free Trade Agreement procedures to improve market access.
Export facilitation reforms contemplate integrated Commerce and Industry offices and trained local personnel to provide exporters with common access points and district-level handholding support. The Trade Connect platform is envisaged to provide product-wise and HSN-code-wise tariff, Free Trade Agreement and procedural information, supported by digital and AI-enabled tools. Reforms also address electronic verification of Certificates of Origin, integration across the export cycle, digitalisation, simplified trade documentation, reduced compliance burden, and adherence to international quality standards.
September 23, 2026
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Monetary policy outlook: resilient growth and persistent inflation support a projected policy-rate increase amid weather and geopolitical risks.
India's FY27 growth outlook is revised upward to 7 per cent from 6.6 per cent, supported by industrial activity, consumption, goods exports and government investment. Consumer inflation is projected to average 5.1 per cent. Persistent inflationary pressures, solid growth, conflict in West Asia and weather-related risks are expected to support higher interest rates, while below-normal monsoon rainfall may affect agricultural output and food inflation.
September 23, 2026
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Trade partnership frameworks seek diversified market access through proposed economic agreements, investment cooperation, stronger business linkages, and improved connectivity.
Trade and market-access cooperation is to be advanced through a proposed Comprehensive Economic Partnership Agreement with Chile, a proposed Free Trade Agreement with Peru, and expansion of the Preferential Trade Agreement with MERCOSUR. The frameworks seek mutually beneficial outcomes while respecting respective sensitivities and priorities. Diversified trade, investment and business partnerships are envisaged through stronger business-to-business linkages, improved connectivity and more predictable market access.

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Every sacred tenet of Constitution being shredded into pieces by authoritarian regime: Kharge

January 26, 2025

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New Delhi, Jan 26 (PTI) In a scathing attack on the BJP-led Centre, Congress president Mallikarjun Kharge alleged on Sunday that a hateful agenda, immersed in religious fundamentalism, has sought to divide the society over the last 10 years and every sacred tenet of the Constitution is being "shredded into pieces by an authoritarian regime".

He claimed that the ruling Bharatiya Janata Party (BJP) practises pseudo-nationalism by making disadvantaged youngsters carry the flag of "nationalism" and "religious supremacy", but does nothing to get them employment.

In his message to the nation on the 76th Republic Day, Kharge said it is high time that people preserved and protected the ideas and ideals of the Constitution -- justice, liberty, equality and fraternity.

"We uphold the values espoused by our founders. Be ready to make every sacrifice to protect the Constitution. This will be the true tribute to our ancestors," Kharge said.

He said it is also time to reflect upon how the country is witnessing constant attacks on the Constitution.

The ruling party has unleashed a continuous degradation of India's institutions, built carefully over decades, the Congress chief alleged.

"Political interference in autonomous institutions has become a norm. Exercising control over their independence is being seen as a virtue of power. Federalism is being trampled on a daily basis and the rights of Opposition-governed states are being curtailed," he further claimed.

"The functioning of Parliament has seen tremendous backsliding due to the tyrannical tendency of the ruling government," Kharge alleged.

The Congress leader also claimed that universities and self-governing institutions are witnessing constant intrusion.

A large part of the media has been converted as a propaganda tool for the ruling party, he said.

"Strangulating dissent by witch-hunting Opposition leaders has become the only policy of those in power. In the past decade, a vicious, hateful agenda immersed in religious fundamentalism has sought to divide our society," Kharge alleged.

He further claimed that minorities are being targeted and those who are secular are being tarnished with the paint of "Goebbelsian propaganda".

The weaker sections -- Scheduled Castes (SCs), Scheduled Tribes (STs), Other Backward Classes (OBC), the poor and minorities -- are being treated as second-class citizens, he said.

"Atrocities and unheard-of violence against them have become a regular occurrence. Manipur has been burning for 21 months, but there is no accountability at the topmost echelons of power," Kharge said.

He also said economic inequality has widened to frightening proportions.

"Crony billionaire friends are being handed over the country's precious resources. Any scandal that comes to fore is sought to be crushed by the hammer of labelling the whistleblowers as 'anti-national'," he said.

"The ruling party practises pseudo-nationalism, for they make our disadvantaged youth carry the flag of 'nationalism' and 'religious supremacy' but does nothing to get them employment," Kharge said.

He said the country is witnessing an era of economic turmoil, adding that taxes have guzzled every single paisa of the hard-earned money of the poor and middle class.

"The living standards of our populace have hardly increased because flawed economic policies have perished their savings. Those handful of elites who can afford a brighter future are leaving India's citizenship," Kharge said.

When the failures of the Union government are pointed out, it either indulges in whataboutery or in diversionary tactics, often invoking the past, but never the present, the Congress president said.

"There is an inherent tendency to impose 'One Nation, One Party' on 140 crore different people, who believe in 'Unity in Diversity'," he said.

"Every sacred tenet of the Constitution is being shredded into pieces by an authoritarian regime. Therefore, my dear fellow citizens, it is high time we preserve and protect the ideas and ideals of our Constitution -- justice, liberty, equality and fraternity," Kharge said.

"We uphold the values espoused by our founders. Be ready to make every sacrifice to protect the Constitution. This will be the true tribute to our ancestors. Once again, I wish you a very happy Republic Day. Jai Bapu, Jai Bheem, Jai Samvidhaan," he said in his message to the people of the country.

"This year, we completed 75 years of adopting the conscience keeper and soul of the Indian Republic - the Constitution of India. We bow in reverence to Mahatma Gandhi, Pandit Jawaharlal Nehru, Sardar Patel, Babasaheb Dr B R Ambedkar, Netaji Subhas Chandra Bose, Dr Rajendra Prasad, Maulana Azad, Sarojini Naidu and many others who tirelessly contributed to the shaping of our great republic," Kharge said.

"We venerate each and every member of the Constituent Assembly who with their wisdom and ingenuity created a remarkable document which represents the will of our diverse people," he added.

Kharge also paid tributes to every soldier of the armed forces, paramilitary forces and the security establishment who have made exemplary sacrifices in upholding the integrity and sovereignty of the country.

"We are also thankful to our scientists and teachers whose contributions to nation building are unparalleled and who have ensured that our nation is a knowledge and technical powerhouse today," he said.

"We are also indebted to our Annadata -- our hardworking farmers who have put food on our table. We express our gratitude to crores of daily wage workers, labourers, shramiks, gig workers, for they are the hands that are building India -- brick by brick," the Congress chief said.

Kharge also expressed gratitude to the artistes, writers and sports personalities who have contributed to protecting and building the vibrant cultural diversity of India. PTI ASK RC

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