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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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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.
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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135 Years of Sport Inspiration: U.S. Polo Assn. Hosts Celebration Cup Exhibition and Spring-Summer 25 Fashion Showcase in Delhi

March 5, 2025

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NEW DELHI, March 5, 2025 /PRNewswire/ -- U.S. Polo Assn. celebrates 135 years of sport inspiration as the official brand of the United States Polo Association (USPA) with a spectacular rendezvous in the heart of India's polo capital, Delhi. More than 300 VIP guests attended this milestone event honoring the sport's enduring legacy with an exhilarating exhibition game at the iconic Jaipur Polo Grounds, followed by an exclusive U.S. Polo Assn. Spring-Summer '25 fashion showcase at the luxurious D'Monde Members Club.

As part of U.S. Polo Assn.'s global moment, this grand event united polo enthusiasts, fashion aficionados, and cultural tastemakers in an event that paid tribute to the sport's rich heritage and longstanding influence. The highlight of the evening was an intense and action-packed exhibition game, where the USPA India Team, led by HH Maharaja Sawai Padmanabh Singh of Jaipur, took on the USPA Global Team with players from around the world in a gripping championship. The final period saw fierce competition, with both teams battling goal for goal, but USPA India ultimately secured victory with a final score of 8-7, edging ahead by one goal.

The Most Valuable Player of the game was HH Maharaja Sawai Padmanabh Singh of Jaipur, whose exceptional performance captivated the audience, while the Best Playing Pony title was awarded to a horse proudly owned by Bk. Jaisal Singh The USPA India Team featured: • HH Maharaja Sawai Padmanabh Singh of Jaipur • Simran Singh Shergill • Siddhant Sharma • Bk. Shamsheer Ali Competing for the USPA Global Team were: • Nicolas Corti Maderna (Argentina) • Lance Watson (South Africa) • Juancle Marambio (Argentina) • Bk. Jaisal Singh (England/India) Kulin Lalbhai, Vice Chairman Executive Director of Arvind Limited graced the occasion and threw the ball at the opening of the first chukker. Adding to the authenticity of the experience, renowned U.K.-based polo commentator Karl Ude-Martinez brought the game to life with his expert insights and dynamic storytelling, making it an unforgettable spectacle for attendees.

Following the high-octane game, guests were invited to an exclusive fashion showcase at D'Monde Members Club, where U.S. Polo Assn. unveiled its much-anticipated Spring-Summer '25 collection. Staying true to the brand's DNA, the collection masterfully combined classic polo-inspired silhouettes with contemporary styling, embodying the spirit of both effortless elegance and dynamic sport-inspired fashion. From signature polo shirts and tailored separates to breathable linens and elevated casuals, the collection captured the essence of the sport of polo while catering to the evolving preferences of modern consumers.

The event witnessed an eclectic mix of sports personalities, fashion insiders, cultural tastemakers like Maharaja Narendra Singh of Jaipur and cricketer Nitish Rana, Bollywood glitterati Harshvardhan Kapoor, Palak Tiwari, Rannvijay Singha, Varun Sood, Lakshya, and Babil Khan among others. Adding to the glamour were Kalyani Chawla, luxury entrepreneur & tastemaker, Samarth & Sameer Kasliwal of the Gem Palace; Priya Paul & Sethu Vaidyanathan of The Park hotels.

"This 135th Anniversary celebration is a testament to the USPA's legacy in fostering the sport of polo while embracing the future," said J. Michael Prince, President and CEO of USPA Global, the company that manages and oversees the multi-billion-dollar U.S. Polo Assn. brand across 190 countries. "Bringing together the thrill of the game with a U.S. Polo Assn. global fashion showcase in a city as vibrant as Delhi underscores our mission to celebrate the authenticity of our global brand and the accessibility of the sport of polo and the brand, both on and off field." "India has always been an important market for us. Today, it is the fastest growing market for U.S. Polo Assn. globally and the brand continues to see very strong momentum. This very special event is a reflection of our ongoing commitment to further building our strong presence here," Prince added.

Speaking on the significance of the event, Shailesh Chaturvedi, Managing Director & CEO of Arvind Fashions Ltd., said, "The sport of polo is deeply rooted in India's history, and continues to inspire our consumers. The U.S. Polo Assn. brand seamlessly blends tradition with modern style, and the launch of the Spring-Summer '25 collection in this historic setting is a tribute to the sport's timeless appeal. We are thrilled to be part of this grand global anniversary celebration." "Celebrating 135 years of sports inspiration is not just about marking a milestone—it's about honoring a legacy that blends the heritage of the sport of polo with a contemporary fashion sensibility. We take pride in bringing the spirit to India through fashion that reflects the sport's energy and legacy. With this celebration, we are inviting consumers and sports fans across India to become a part of this rich legacy of the sport of polo and celebrate the greatest story of sport and fashion," said Amitabh Suri, CEO, U.S. Polo Assn. India With Delhi as a key market, this event is a pivotal moment in U.S. Polo Assn.'s year-long global celebrations, which include major activations across North America, Europe, the Middle East, Latin America and Asia. Fans of the sport and brand enthusiasts will continue to be engaged with the 135th Anniversary Limited Edition Collection and through in-store experiences, digital activations, inspired by the sport's dynamic legacy.

Stay connected and follow the journey at uspoloassn.in and on social media @USPoloAssnIndia for more updates on the 135th Anniversary celebrations.

About U. S. Polo Assn.

U.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the largest association of polo clubs and polo players in North America, founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,100 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. Historic deals with ESPN in the United States and Star Sports in India now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.

U.S. Polo Assn. has consistently been named one of the top global sports licensors in the world alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global and digital growth. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world.

For more information, visit uspoloassn.in or uspoloassnglobal.com and follow @uspoloassn and @uspoloassnindia About Arvind Fashions Limited Arvind Fashions Ltd. is India's number-one casual and denim retailer, a lifestyle powerhouse with a strong portfolio of fashion brands catering to consumers across sub-categories and price points. Arvind Fashions houses a number of renowned brands, both international and indigenous, like U.S. Polo Assn., Arrow, Tommy Hilfiger, Calvin Klein, and Flying Machine.

Photo: Embedded Media Photo: Embedded Media Logo: Embedded Media (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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