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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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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.
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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.
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September 25, 2026
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Government borrowing calendar: Reduced dated-securities borrowing will use weekly auctions, green bonds, switches and buyback operations.
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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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Officers with Ardh Kumbh experience entrusted with Maha Kumbh crowd management post stampede

January 31, 2025

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Prayagraj, Jan 31 (PTI) The Uttar Pradesh government has deployed two senior IAS officers, who were part of the team that successfully conducted the 2019 Ardh Kumbh, to oversee the smooth conduct of the Maha Kumbh Mela in the wake of the recent stampede that left at least 30 pilgrims dead.

Ashish Goyal and Bhanu Chandra Goswami have hands-on experience in administration in Prayagraj, including a deep insight into crowd management and inter-agency coordination during the 2019 Ardh Kumbh, an official said.

They have joined Mela Adhikari Vijay Kiran Anand, forming a trio that was part of the mega fair six years ago, he said.

According to the official, the state government called Goswami and Goyal from Lucknow to Prayagraj to ensure the smooth organisation of the upcoming Basant Panchami (Amrit Snan), one of the key bathing days of the festival on February 3.

The duo played a crucial role in the seamless execution of the last Kumbh and has assumed their responsibilities, he added.

Deputy Inspector General of Uttar Pradesh Police (Retd.) K P Singh, who led the police arrangements during the previous Kumbh, praised the deployment of experienced officers for the event.

"This will help ensure the smooth conduct of the upcoming Amrit Snan," he told PTI.

A 1995-batch IAS officer, Goyal brings extensive administrative experience, particularly in Prayagraj, where he has served multiple times in key positions.

He has a B.Tech in Electrical Engineering, an M.A. in Economics, and a Ph.D. He first served as the district magistrate and collector of Prayagraj (then Allahabad) from March 2007 to April 2008.

During this period, he also briefly held the charge of vice chairman of the Allahabad Development Authority. He was later posted as special secretary in the Rural Development Department of the UP government in Lucknow.

Goyal returned to Prayagraj in 2015 as the inspector general of Stamp and Registration, before being appointed divisional commissioner in 2017 -- a post he held until March 2020.

After a three-year stint as joint secretary in the Ministry of Rural Development in Delhi, he returned from central deputation to Uttar Pradesh in 2023 as chairman of the Uttar Pradesh Power Corporation Limited.

Goswami is a 2009-batch IAS officer and a graduate of Sanskrit. Born in 1984, he also held crucial roles in Prayagraj, first as the vice chairman of the Allahabad Development Authority from May 2017 to February 2019, and later as the district magistrate from 2019 to 2021.

After his tenure as DM, he was appointed CEO of the Uttar Pradesh Rural Road Development Authority in 2021. Since September 2024, he has been serving as relief commissioner, Consolidation Commissioner, and secretary in the Revenue Department of the UP government.

Goswami's familiarity with the region's governance and his past experience in handling large-scale events, including the 2019 Ardh Kumbh, make him a key player in managing the Maha Kumbh's logistical and safety challenges, an official said.

Further, the Uttar Pradesh government has deployed additional senior police officers to strengthen security and crowd management ahead of Basant Panchami.

The government has assigned four senior police superintendents and three additional superintendents to reinforce security arrangements at the religious gathering, where millions of devotees are expected to arrive in the coming days.

Among them, Deependra Nath Chaudhary, who is currently posted in Deoria, has been brought in for the task. Lakshminivas Mishra from the Anti-Corruption Department, Raj Dhari Chaurasia from the administration, and Shravan Kumar Singh, the DCP of Kanpur Nagar, have also been given key responsibilities.

Additionally, three officers at the level of additional superintendent of police have been entrusted with crucial duties.

Vikash Chandra Tripathi, currently serving as the staff officer to the additional director general of police, Law and Order, will oversee key coordination aspects.

Omprakash Singh, presently posted in Basti, and Praveen Kumar Yadav, stationed in Shravasti, will contribute to the crowd management and security strategy to prevent any further untoward incidents.

With the Maha Kumbh witnessing an overwhelming influx of pilgrims, the officers will be responsible for enforcing tight crowd control to manage large gatherings efficiently, the official said.

They will work towards improving movement pathways to prevent congestion and bottlenecks. A key focus will be on ensuring a rapid emergency response mechanism to handle crises effectively, he said.

Security coordination among multiple agencies will be strengthened, along with real-time monitoring of high-density areas to prevent overcrowding.

The authorities will also implement enhanced barricading and stricter access controls to avoid situations that could lead to another stampede. Increased police patrolling will be conducted across key areas to maintain order and ensure the safety of devotees, the official said.

The Maha Kumbh is considered among the holiest Hindu pilgrimages and is held every 12 years on Triveni Sangam banks. The mega congregation started on January 13 and will continue till February 26.

So far over 30 crore pilgrims have visited the Maha Kumbh and the UP government, which is hosting the event, expects the footfall can go up to 45 crore.

A stampede in the early hours on Wednesday at Sangam Nose left 30 devotees dead and 60 injured as they moved in a tightly packed crowd to take a dip in the confluence of Ganga, Yamuna and mythical Saraswati on the occasion of Mauni Amavasya. PTI KIS/RAJ RHL

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