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    DRI seizes 10,000 kg of firecrackers worth Rs. 3 crore at Nhava Sheva port
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September 24, 2026
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Restricted firecracker imports concealed through misdeclaration trigger seizure and criminal investigation under customs enforcement law.
Concealment of restricted firecrackers within an import container declared as bottles and wallpaper resulted in customs seizure under the Customs Act, 1962. Firecracker imports are restricted under the Foreign Trade Policy and require valid Directorate General of Foreign Trade authorisation and a Petroleum and Explosives Safety Organisation licence under the Explosives Rules, 2008. Investigation into attempted clandestine clearance led to the arrest under the Customs Act of a key syndicate member alleged to have orchestrated the import.
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.

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Controversy erupts over Udit Raj's 'strangle Mayawati' remark; BSP seeks action

February 18, 2025

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Lucknow, Feb 18 (PTI) A controversy erupted on Tuesday over Congress leader and former Lok Sabha MP Udit Raj's remarks that BSP chief Mayawati has "strangled the social movement and now the time has come to strangle her", with the BSP demanding his arrest.

Giving references to Mahabharat, Raj told reporters in Lucknow on Monday that "during the Mahabharat war, Arjun asked Lord Krishna how he will kill his cousins and relatives. Lord Krishna said that there are no cousins and relatives, fight for justice and kill your own people".

"Today, my 'Krishna' has told me that first kill your enemy. And, the enemy of social justice, that Ms Mayawati, who strangled the social movement...now time has come to strangle her," he added.

Responding to questions about his remarks, Raj told PTI on Tuesday, "The movement of the Bahujan community was strangled...crores of cadres, who built the party by staying hungry and thirsty...this Bahujan movement was strangled by her (Mayawati)." "On this, when the media asked me questions (on Monday), I said that definitely, she too should be strangled politically. What I meant was political death and nothing else," Raj clarified.

"To twist and tweak the entire thing is not right. Political death or murder of democracy are commonly referred to during political mentions and are taken in that light. Not otherwise," he added.

On Tuesday, Bahujan Samaj Party (BSP) chief Mayawati hit out at the Congress, saying that they have disrespected Bhimrao Ambedkar's policies and they cannot be trusted to be true to them.

In a post on X, the former chief minister said, "The Congress party, especially, which has disdained at every level the humanitarian struggle of Dr. Bhimrao Ambedkar for self-respect and self-esteem of millions of exploited and oppressed Dalits/Bahujans, even during his lifetime and after his death, can never be true and trustworthy to his thinking and policies." The BSP chief also said that "the Bahujan Samaj needs to be cautious of some party-changing opportunists and selfish Dalits who keep making baseless statements etc. to please their masters and should not take them seriously because they are ignorant and unfamiliar with the 'social change and economic liberation' movement." Calling Udit Raj a "sycophant" of the Congress and the BJP, BSP leader Akash Anand sought strict action against his threats to "strangle" Mayawati.

In a post on X, Anand said, "He is threatening to "strangle" respected sister Miss Mayawati ji. I want to clearly tell @uppolice that these criminals should be arrested within 24 hours and strict action should be taken under the law. Otherwise the Bahujan youth of the country is not going to sit quiet, I know very well how to teach them a lesson." He accused Raj of "looking for opportunities in other parties for his own selfish gains".

"He is concerned about the Bahujan Movement only so that he can become an MP or MLA by doing 'chamchagiri' (flattery) of some party. This has nothing to do with the upliftment of the Bahujan society," Anand claimed.

When asked about a viral video in which he is heard justifying "galaa ghot dena chahiiye" remark, Raj said on Tuesday, "Former judge of Allahabad High Court Justice Sabhajit Yadav, the patron of Dalit, OBC, Minorities and Adivasi (DOMA) Parisangh, was also present with me. Referring to me he had said 'I have found my Arjun.

"In response, I told him he was our 'Krishna'... This was the context of my remark and my Krishna analogy. But it is being tweaked now." Later, in a post on X, Raj said, "On 17 February, while answering a question in a press conference in Lucknow in the presence of Justice Sabhajit Yadav, I said that the time has come to strangle Ms. Mayawati who is strangling the Bahujan movement. At the same time, I said that this is an example. Then I clarified that swords and spears were used in the Mahabharat era, not now." "The language of killing is BJP's, not ours. Justice Sabhajit Yadav clarified that he himself called me Arjun as a symbol. Stop making a small part of the video viral and spreading lies. The truth comes out by watching the full video," the Congress leader said on X.

Raj had also said on Monday that the "Muslim community is going through the same phase today as the Dalits were in a bad condition once".

"After the 1980s, Kanshiram ji started Bahujan awakening in Uttar Pradesh, which reached its peak in the 2000s. Even though the movement culminated in politics, the thinking and basis has been social justice," he had said.

"Other political parties start with politics and end with it, but this was not the case with the Bahujan Samaj Party," he added.

Attacking Mayawati, the former Lok Sabha MP said, "Despite Ms. Mayawati's cruelty and incompetence, the workers and voters kept fighting. The houses of the workers were sold, their children could not get education and they were treated cruelly, yet they kept on struggling to bring Bahujan Raj." He said that on December 1, 2024, the first rally of DOMA Parisangh was held at Delhi's Ramlila Maidan in which the demand to save the Waqf Board was raised.

Raj currently heads the Dalit, OBC, Minorities and Adivasi (DOMA) Parisangh.

Urging the Ambedkarites to come together, he said, "The so-called Ambedkarites could not even break the caste system, at least stop casteism and caste organization. Till when will you keep gathering people by speaking against Brahmins, Kshatriyas and Vaishyas. Today's need is to change yourself. Hindus are united by speaking against Muslims and Dalit-backward classes by criticizing upper castes. Stop following this path." "Lord Gautam Buddha had said - Atta Deepo Bhava. It means that change your own thinking. Dalits and backward classes want the upper castes to change themselves, but they keep doing casteism among themselves," he added.

Commenting on organisations of the Bahujans, he said, "Till now the organisations of Bahujans formed have been based on individuals and castes.

"The population is 85 per cent, but do all classes have a share in the organisation from top to bottom? Those running the organisation appoint people of their own caste and their friends to important positions and say that they are doing the welfare of Bahujans," he said.

"In the organizational structure of DOMA Parisangh, it will be mandatory to have four people - one Dalit, one OBC, one Muslim and one Adivasi at every level. Bahujan is not just in name, but will have to be shown by action," he added.

The former Lok Sabha MP further said it has been decided to hold six conferences in Jhansi, Banda, Shravasti, Kanpur, Meerut and Azamgarh in the coming days.

Udit Raj was a Lok Sabha MP between 2014 and 2019, representing North West Delhi as a member of the BJP, but left the party after its first term. He later joined the Congress in 2019.

He was the former deputy commissioner, joint commissioner and additional commissioner of Income Tax at New Delhi.

On November 24, 2003, he resigned from government service and formed the Indian Justice Party. He merged his party with the BJP in February 2014. PTI NAV MAN KVK KVK

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