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    Gross and Net GST revenue collections for the month of September, 2026
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October 1, 2026
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GST revenue collection reporting distinguishes gross and net collections for a monthly period without further collection particulars.
GST revenue collection reporting for September 2026 concerns both gross and net collections. Both collection categories are identified for that monthly period, without any stated amount, component-wise breakup, computation basis, adjustment mechanism, comparison with earlier periods, taxpayer obligation, administrative process, or legal consequence. No assessment, recovery, refund, credit, or enforcement position is indicated. Their relationship, inclusions, exclusions, and treatment are not specified.
October 1, 2026
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Annual Survey of Industries results record broad manufacturing growth and define survey coverage, enumeration, digital data collection, and reliability limits.
ASI 2024-25 records broad-based growth in registered manufacturing, including establishments, output, Gross Value Added, employment, emoluments, fixed capital, invested capital, net income and net profit. The survey covers specified registered factories, bidi and cigar establishments, certain electricity undertakings, and qualifying large units in State-maintained business registers. Data are collected electronically under the statutory framework for collection of statistics using an establishment-based approach, with quality checks and caution required because the estimates arise from a sample survey.
October 1, 2026
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Economic resilience policy dialogue examines financial stability, digital governance, trade fragmentation, and investment priorities amid global uncertainty.
The fifth Kautilya Economic Conclave will examine economic resilience amid global shocks through discussions on macroeconomic stability, monetary policy, financial stability, investment, fiscal federalism and capital-market development. Its agenda also covers digital economy governance, artificial intelligence, trade fragmentation, strategic autonomy, climate resilience, food systems, demographic change and global health security. Plenaries, parallel sessions and closed-door roundtables will consider policy responses and mobilisation of domestic and foreign capital for long-term investment.
September 30, 2026
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Equity acquisition in a life insurer receives competition clearance for BNP Paribas Cardif's proposed investment.
Competition Commission of India approval covers a proposed combination under which BNP Paribas Cardif will acquire certain equity share capital in IndiaFirst Life Insurance Company Limited. The transaction is an acquisition of an ownership interest in an Indian life insurer. IndiaFirst Life Insurance Company Limited is incorporated in India, is an IRDAI-licensed insurer, and provides life insurance in India.
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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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.

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Top Russian, American officials will hold talks on ending Ukraine war without Kyiv

February 17, 2025

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Riyadh, Feb 17 (AP) Senior American and Russian officials, including the countries' top diplomats, will hold talks on improving their ties and negotiating an end to the war in Ukraine, officials said Monday, in what would be the most significant meeting between the sides since Moscow's full-scale invasion of its neighbour nearly three years ago.

The talks, scheduled for Tuesday in Saudi Arabia, mark another pivotal step by the Trump administration to reverse US policy on isolating Russia, and are meant to pave the way for a meeting between US President Donald Trump and Russian President Vladimir Putin.

The recent US diplomatic blitz on the war has sent Kyiv and key allies scrambling to ensure a seat at the table amid concerns that Washington and Moscow could press ahead with a deal that won't be favourable to them. France called an emergency meeting of European Union countries and the UK on Monday to decide how to respond.

Russian Foreign Minister Sergey Lavrov and Putin's foreign affairs adviser Yuri Ushakov set off for the Saudi capital on Monday, according to Russian state TV.

US Secretary of State Marco Rubio, national security adviser Mike Waltz and Special Envoy Steve Witkoff will meet the Russian delegation, State Department spokesperson Tammy Bruce said. Ukraine will not participate.

Kremlin spokesman Dmitry Peskov said the talks will be primarily focused on “restoring the entire range of US-Russian relations, as well as preparing possible talks on the Ukrainian settlement and organising a meeting of the two presidents." Bruce said the meeting is aimed at determining how serious the Russians are about wanting peace and whether detailed negotiations can be started.

“I think the goal, obviously, for everyone is to determine if this is something that can move forward,” she told reporters travelling with Rubio in Riyadh, Saudi Arabia. Bruce said that even though Ukraine would not be at the table for Tuesday's talks, actual peace negotiations would not take place with Ukraine's involvement. Kyiv's participation in any peace talks was a bedrock of US policy under Trump's predecessor, Joe Biden.

Speaking on Fox News Channel's “Sunday Morning Futures” program, Witkoff said he and Waltz will be “having meetings at the direction of the president,” and hope to make “some really good progress with regard to Russia-Ukraine.” Witkoff didn't directly respond to a question about whether Ukraine would have to give up a “significant portion” of its territory as part of any negotiated settlement. US Defence Secretary Pete Hegseth said last week that NATO membership for Ukraine was unrealistic and suggested Kyiv should abandon hopes of winning all its territory back from Russia — two key items on Putin's wish list.

The talks would mark a significant expansion of US-Russian contacts, nearly three years into a war that has seen ties fall to the lowest level in decades. Lavrov and then-US Secretary of State Antony Blinken talked briefly on the sidelines of a G-20 meeting in India nearly two years ago.

The 10-minute conversation didn't ease tensions, and in fact they increased in the months that followed. In the fall of 2022, US and Russian spymasters met in Turkey amid Washington's concerns that Moscow could resort to nuclear weapons amid battlefield setbacks.

Tuesday's talks follow a telephone call between Trump and Putin in which the American president said they “agreed to have our respective teams start negotiations immediately.” The call upended years of US policy, ending the isolation of Moscow over its February 24, 2022, invasion of Ukraine. After the call, Trump phoned Ukrainian President Volodymyr Zelenskyy to inform him about their conversation.

Trump on Sunday told reporters that Zelenskyy “will be involved” but did not elaborate. The Ukrainian president said Monday his country had not been invited to the upcoming talks and won't accept the outcome if Kyiv doesn't take part.

The US-Russia talks would “yield no results,” given the absence of any Ukrainian officials, Zelenskyy said on a conference call with journalists from the United Arab Emirates.

Zelenskyy said he would travel to Turkiye on Monday and to Saudi Arabia on Wednesday, but that his trip to the Arab nation was unrelated to the US-Russia talks.

EU officials have pushed for the bloc — which along with the US has staunchly supported Kyiv — to have a say in any Ukraine peace talks, and Zelenskyy and his officials also insisted that Europe needs to be present at the negotiations.

Lavrov on Monday was dismissive when asked about a possible role for Europe, saying that “I don't know what they have to do at the negotiations table.” Asked about expectations from the talks in Riyadh, he said that Trump and Putin in their call “agreed to leave behind that absolutely abnormal period in relations between our great powers when they effectively halted any contacts except for some technical and humanitarian issues.” “The presidents agreed that it's necessary to resume a dialogue on all issues that can be solved with Russian and US participation,” Lavrov said. “They mentioned the Ukrainian settlement along with the situation in the Middle East and some other regions of the world which aren't quite calm at the moment.” Lavrov bluntly ruled out the possibility that Moscow would cede any of its territorial gains as part of a potential settlement, saying that “there is not even a thought” about it.

Putin has demanded that Ukraine withdraw its troops from the four regions that Russia illegally annexed in September 2022 but never fully captured and renounce its bid to join NATO as part of any prospective peace deal — demands Kyiv has rejected.

Zelenskyy also confirmed that Trump's special envoy for Russia and Ukraine, retired Gen. Keith Kellogg, would arrive in Kyiv on February 20 for “broad conversations about security guarantees.” Zelenskyy said he wanted to bring Kellogg to the front line and hoped the American would take what he learned from his Ukraine trip back to the White House, adding: “I think after he goes back to the United States we will have an understanding on when I will have a meeting with President Trump.” Zelenskyy said the possibility of opening up his country's mineral resources to the US, as Trump has suggested, would need to come with a written agreement on security guarantees for Ukraine. Ukraine and several European countries have insisted that without security guarantees, Russia could invade the country again, even if a settlement is reached.

Those guarantees could include NATO membership, which Hegseth poured cold water on, weapons and economic support, Zelenskyy said.

Ukraine has also expressed hopes of joining the EU, but that is complicated and could take years. (AP) GRS GRS

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