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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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PATWA International Travel Awards at ITB, Berlin Announced

March 6, 2025

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Berlin, Germany (NewsVoir) The Pacific Area Travel Writers Association (PATWA) has announced the winners of the coveted PATWA International Travel Awards 2025 at an impressive award ceremony at ITB, Berlin which is the world’s biggest travel fair.

The event was graced by tourism ministers of ten countries, ambassadors, the leadership of various hotels, airlines, destinations, industry stalwarts and international media.

It was preceded by the PATWA World Tourism & Aviation Leaders’ Summit on ‘AI & Sustainable Tourism’. The summit had a spectacular line up of seven speakers, more specifically tourism ministers of St. Kitts & Nevis, Saint Vincent & the Grenadines, Nepal, South Africa and Dr. Istvan Ujhelyi, UN Tourism Ambassador to the EU, Dr. Alain St. Ange, former tourism minister of Seychelles and candidate for the post of President, and Harry Theoharis, former tourism minister of Greece and a front runner candidate for the post of Secretary General of UN Tourism. The speakers emphasized on the role of AI in ensuring tourism is sustainable.

PATWA Secretary General, Yatan Ahluwalia opened the summit saying, ‘AI-driven insights have the power to pave the way for a greener tomorrow, transforming tourism into a force for sustainability’.

PATWA International Travel Awards The PATWA International travel awards have been instituted independently and are now in their 25th year. They have a stringent selection and nomination process and have earned a reputation as the first and foremost awards of the travel, tourism, aviation, and hospitality industry.

The awards recognise governments, organisations, brands, ministers, and individuals who have excelled in the promotion of tourism. This includes airlines, hotels, travel agencies, tour operators, destinations, government bodies, tourism ministries, and other service provider(s) related directly or indirectly with the trade.

Quotes On The Awards Yatan Ahluwalia, Secretary General “The jury’s focus this year has been on the Caribbean region, besides South America, Europe and India. Sustainability was a key factor for our selection”.

Pulkit Sharma, Director Operations & Features Editor “Besides recognising destinations, hotels, airlines, organisations and individuals, our excellence in governance category included awards for 9 tourism ministers from around the globe who made who have made an impact with their policies and governance.” The 2025 winners: DESTINATIONS 1. DESTINATION OF THE YEAR - ROMANCE JAMAICA 2. DESTINATION OF THE YEAR – NATURAL ATTRACTIONS THE CO-OPERATIVE REPUBLIC OF GUYANA 3. DESTINATION OF THE YEAR- SCENIC BEAUTY & HISTORIC SITES ITALY 4. DESTINATION OF THE YEAR – MARINE TOURISM NASSAU AND PARADISE ISLAND 5. DESTINATION OF THE YEAR – EXPERIENCES THE FEDERATIVE REPUBLIC OF BRASIL 6. DESTINATION OF THE YEAR – ECO ADVENTURES ST. VINCENT AND THE GRENADINES 7. DESTINATION OF THE YEAR – HIDDEN TREASURES ST. KITTS AND NEVIS 8. DESTINATION OF THE YEAR – ROYAL EXPERIENCES RAJASThan 9. DESTINATION OF THE YEAR - ADVENTURE TOURISM REPUBLIC OF ARMENIA 10. DESTINATION OF THE YEAR – INDIA GOA AIRLINES 1. BEST REGIONAL AIRLINE- ITALY AEROITALIA 2. AIRLINE OF THE YEAR - INDIAN OCEAN REGION AIR SEYCHELLES HOSPITALITY 1. BEST HOTEL CHAIN BUSINESS – NEW DELHI LE MERIDIEN, NEW DELHI 2. BEST NATURE RESORTS – INDIA AYATANA RESORTS 3. BEST EMERGING HOTEL CHAIN- INDIA GRT HOTELS & RESORTS 4. BEST VENUE MEETINGS & CONFERENCES – CARIBBEAN MONTEGO BAY CONVENTION CENTRE, JAMAICA 5. BEST HOTEL CHAIN- LUXURY EXPERIENCES TAJ HOTELS ORGANISATIONAL EXCELLENCE 1. BEST ORGANISATION REGIONAL TOURISM CARIBBEAN TOURISM ORGANISATION INDIVIDUAL EXCELLENCE 1. BEST PROFESSIONAL HOSPITALITY – INDIA ABHINASH MANGHANI 2. BEST PROFESSIONAL- HOSPITALITY GROWTH – INDIA VIKRAM COTAH 3. BEST PROFESSIONAL- HOSPITALITY OPERATIONS – INDIA ASHOK RATHORE 4. BEST PROFESSIONAL HOSPITALITY OPERATIONS – DUBAI SAURABH TIWARI 5. PATWA GOLD AWARD HOSPITALITY INNOVATION – INDIA VISHAL VINCENT TONY 6. PATWA GOLD AWARD WOMEN IN HOSPITALITY MANAGEMENT – INDIA MEENA BHATIA 7. PATWA GOLD AWARD HOSPITALITY MANAGEMENT – INDIA ROHIT KHOSLA 8. PATWA GOLD AWARD HOSPITALITY DEVELOPMENT – INDIA PRABHAT VERMA 9. PATWA GOLD AWARD MICE & DESTINATION MANAGEMENT– SOUTHEAST ASIA NOREDAH OTHMAN 10. PATWA GOLD AWARD HOSPITALITY OPERATIONS – CARIBBEAN MUREEN JAMES 11. PATWA GOLD AWARD - DESTINATION MANAGEMENT – CARIBBEAN JOY JIBRILU 12. PATWA GOLD AWARD TOURISM DEVELOPMENT – CARIBBEAN DONA REGIS – PROSPER 13. PATWA GOLD AWARD - EXCELLENCE IN AVIATION LEADERSHIP – EUROPE GAETANO INTRIERI 14. PATWA GOLD AWARD- EXCELLENCE IN AVIATION LEADERSHIP – INDIAN OCEAN REGION SANDY BENOITON 15. PATWA GOLD AWARD- TOURISM DR. ISTVÁN UJHELYI 16. PATWA GOLD AWARD - LIFETIME ACHIEVEMENT – TOURISM DR. ALAIN ST. ANGE 17. PERSON OF THE YEAR – TOURISM HARRY THEOHARIS EXCELLENCE IN GOVERNANCE This exclusive award category recognises the work done by countries, states, provinces, regions, districts and cities through and by their elected representatives to promote sustainable travel with policies, guidelines, and incentives for their destinations and the hospitality, aviation, and tourism sectors.

The awards are given to governments including, but not limited to, ministers, governors, parliamentarians, and mayors. PATWA is the first organisation to have awards dedicated to excellence in governance on a regional, national and international level.

The winners in this category included: 1. TOURISM MINISTER OF THE YEAR H.E. CELSO SABINO DE OLIVEIRA, BRASIL 2. TOURISM MINISTER OF THE YEAR – HIMALAYAN REGION H.E. BADRI PRASAD PANDEY, NEPAL 3. WOMAN TOURISM MINISTER OF THE YEAR – CARIBBEAN H.E. MARSHA T. HENDERSON, ST. KITTS AND NEVIS 4. WOMAN TOURISM MINISTER OF THE YEAR – INDIA H.E. DIYA KUMARI, RAJASTHAN 5. TOURISM MINISTER OF THE YEAR – INDIA H.E. ROHAN KHAUNTE, GOA 6. TOURISM MINISTER OF THE YEAR – INNOVATION H.E. EDMUND BARTLETT, JAMAICA 7. TOURISM MINISTER OF THE YEAR - ECOLOGICAL TOURISM H.E ONEIDGE WALROND, CO-OPERATIVE REPUBLIC OF GUYANA 8. TOURISM MINISTER OF THE YEAR – SUSTAINABLE TOURISM H.E. CARLOS JAMES, SAINT VINCENT AND THE GRENADINES 9. TOURISM MINISTER OF THE YEAR – INFRASTRUCTURE DEVELOPMENT H.E. PATRICIA DE LILLE, SOUTH AFRICA About PATWA The Pacific Area Travel Writers Association (PATWA) is a non-profit, non-government, professional, international media organisation founded in 1999. Our founding philosophy is to support the sustainable development and growth of destinations, travel, tourism, hospitality, aviation (airlines and airports), transportation (cruise liners and rail), online travel platforms, travel technology, and allied service providers, worldwide. PATWA has over 5,000 members globally.

PATWA works with governments, organisations and companies in both the public and private sectors. PATWA adheres to the fundamental principles of the United Nations Educational, Scientific and Cultural Organization (UNESCO), the United Nations (UN), and UN Tourism.

PATWA is an Affiliate Member of UN Tourism.

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

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