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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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Trump's Gaza plan has stunned region. Here's look at serious obstacles it faces

February 5, 2025

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Jerusalem, Feb 5 (AP) President Donald Trump's stunning proposal to forcibly transfer hundreds of thousands of Palestinians out of the Gaza Strip and develop it as a tourist destination faces major obstacles.

The Palestinians and many others view such plans as ethnic cleansing, an attempt to drive them from their homeland after Israel's 15-month offensive against Hamas rendered much of it uninhabitable. It was also seen as an attempt to liquidate their decades-long struggle for a state, which has wide international support.

Arab countries, including Egypt and Jordan — close US allies at peace with Israel — have condemned such plans and roundly rejected Trump's suggestion that they take in more Palestinian refugees.

Saudi Arabia issued a rare overnight statement rejecting the idea of transfer and reiterating that it won't normalise relations with Israel — a key goal of the Trump administration — without the establishment of a Palestinian state including Gaza.

The proposal also risks undermining the ceasefire in Gaza and the continued release of hostages taken in Hamas' October 7, 2023, attack that triggered the war. Trump has claimed credit for brokering the truce, but its future is now more uncertain.

The Palestinians don't want to leave Palestinians view Gaza as an integral part of their national homeland and aspire to an independent state in Gaza, the West Bank and east Jerusalem, territories Israel captured in the 1967 Mideast war.

Most of Gaza's population are descendants of refugees from the 1948 war surrounding Israel's creation, when hundreds of thousands of Palestinians fled or were driven out of what is now Israel. They were not allowed to return because they would have outnumbered the new state's Jewish population.

The Palestinian ambassador to the United Nations, Riyad Mansour, suggested that if Trump's goal is to send the Palestinians to a “happy, nice place,” they should return to their ancestral homes in Israel.

The ideal of remaining on one's land despite threats of expulsion is at the heart of the Palestinians' struggle and self-identity, and was on vivid display last week when hundreds of thousands returned to northern Gaza despite its near-total destruction.

Both Hamas and the Western-backed Palestinian Authority, which recognises Israel and cooperates with it on security, have vehemently condemned Trump's proposal.

Arab countries will not accept Palestinian refugees Egypt and Jordan, which made peace with Israel decades ago, have repeatedly rejected previous proposals to resettle Palestinians within their borders.

They too fear that Israel would never allow the Palestinians to return, and that a mass influx of Palestinian refugees would once again destabilise the region, as it did in the decades after 1948, when it was a key factor in Lebanon's civil war and Israel's two invasions of that country.

Both countries also have struggling economies that would have a hard time absorbing large numbers of refugees.

Trump suggested that wealthy Gulf countries could pay to resettle the Palestinians, but that appears unlikely.

Saudi Arabia, the United Arab Emirates and Qatar have joined Egypt and Jordan in rejecting any transfer plans, and the Saudis repudiated the plan almost immediately.

The Saudi statement reiterated remarks made in September by Crown Prince Mohammed bin Salman, who said Saudi Arabia would not normalise relations with Israel without the creation of a Palestinian state with east Jerusalem as its capital.

The kingdom said its “unwavering position is non-negotiable and not subject to compromises.” Trump has leverage, but so do Mideast leaders Trump seems to relish using tariffs, sanctions and aid cutoffs to pressure allies and adversaries alike, and could apply economic pressure on countries like Egypt and Jordan, which have long relied on American aid.

But those countries have levers of their own in the face of what they see as a major threat to their national security. And wealthy Gulf countries, which have also historically provided aid to Egypt and Jordan, could help cushion any economic blow.

Egypt has already warned that any mass transfer of Palestinians into the Sinai Peninsula bordering Gaza could undermine its peace treaty with Israel — a cornerstone of regional stability and American influence for nearly a half-century.

Egypt and Qatar have also served as key mediators with Hamas in the talks that led to the ceasefire, and both are working with Trump's Mideast envoy, Steve Witkoff, to try to extend it.

Israelis welcome the plan, but hostages are a priority The idea of mass transfer has historically been confined to the far-right in Israel, but on Wednesday, mainstream leaders said Trump's plan was worth considering.

Prime Minister Benjamin Netanyahu, at the press conference with Trump, acknowledged that “jaws drop” when the US president proposes unorthodox ideas, but then “people scratch their heads and they say, You know, he's right.'" Benny Gantz, a centrist politician and former general long seen as a more moderate alternative to Netanyahu, said Trump's proposal showed “creative, original and intriguing thinking,” and should be studied alongside other war goals, “prioritising the return of all the hostages.” Opposition leader Yair Lapid, a fierce critic of Netanyahu who has voiced support for a two-state solution in the past, did not object to the idea. Instead, he said in an interview with local media that it was too early to react to Trump's proposal since there are no concrete details, and that returning the hostages was most important.

The current phase of the Gaza ceasefire, in which Hamas is to release 33 hostages in exchange for hundreds of Palestinian prisoners, ends in early March. The second phase, in which the remaining 60 or so hostages would be freed in exchange for more prisoners, is being negotiated.

Hamas has said it will not release the remaining hostages without an end to the war and a full Israeli withdrawal — which would likely preclude any forcible transfer.

Israel's far-right Finance Minister Bezalel Smotrich, who supports what he refers to as the “voluntary emigration” of large numbers of Palestinians and the re-establishment of Jewish settlements in Gaza, has threatened to leave Netanyahu's coalition if he doesn't resume the war after the first phase, which would likely lead to early elections. He welcomed Trump's proposal.

The resumption of the war would put the remaining hostages' lives at risk, and there's no guarantee it would eliminate Hamas, which still controls most of Gaza. It would also undo what Trump has portrayed as a major accomplishment and further delay any normalisation with Saudi Arabia.

An opening gambit? There's another possibility: That Trump's proposal is an opening gambit in a bargaining process aimed at eventually securing the kind of Middle East mega-deal he says he is seeking.

It was only last week that Trump was threatening major tariffs against Canada and Mexico, America's two biggest trading partners, before putting them on hold after their leaders took steps to appease his concerns about border security and drug trafficking.

During his first term, Trump flirted with the possibility of Israel annexing parts of the occupied West Bank before the idea was shelved as part of a normalisation agreement with the United Arab Emirates.

Trump could ultimately pare down his proposal or put it on hold in exchange for concessions from Arab leaders, perhaps on Gaza's reconstruction or on normalisation with Israel — though the Saudi statement appeared to rule that out.

There could be more clarity when the shock wears off, and when Trump meets with Jordan's King Abdullah II at the White House next week. (AP) GSP

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