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    CCI approves acquisition of certain equity shareholding in Continuum Green Energy Ltd by Chubu Electric Power Company Netherlands B.V.
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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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Trump's transactional approach to diplomacy driving force on world stage

March 9, 2025

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Washington, Mar 9 (AP) Donald Trump, the real estate developer turned commander in chief, is laying bare his style of diplomacy in the early weeks of his new term: It's a whole lot like a high-stakes business deal, and his No. 1 goal is to come out of the transaction on top.

The tactics are clear in his brewing trade war with Canada and Mexico, in his approach to Russia's war on Ukraine and in his selection of the first country he will visit in his second term.

“President Trump approaches diplomacy and engages in a very transactional manner, with economics as the foundation and driving force behind international affairs," retired Lt. Gen. Keith Kellogg, the president's special envoy to Ukraine and Russia, explained at an event in Washington this past week.

For Trump, it's about leverage, not friendship; dollars as much as values; and hard power versus soft.

It's not just a matter of negotiating style. At stake is the post-World War II international order as Trump's actions raise doubts about American leadership around the globe.

He's shaping a foreign policy that's more inward looking and conscious of the bottom line, dismissing American soft-power levers such as the US Agency for International Development as dubious and riddled by waste and suggesting that the United States might not defend fellow NATO members that aren't meeting defence spending benchmarks set by the alliance.

Politics and presidents to a certain degree are all transactional. But Trump, who helped make himself a household name by burnishing an image as an intrepid real estate dealmaker, is taking it to another level as he navigates an increasingly complicated world.

The Republican president, in his previous life as a real estate titan, saw every deal as one in which there were clear winners and losers. In his return to the White House, he is more demonstrably injecting a what's-in-it-for-me approach to his dealings with both friend and foe.

Money talks Edward Frantz, a University of Indianapolis historian who has studied the American presidency, said Trump's “ledger” approach might not be the most practical way to conduct diplomacy.

Frantz observed that Trump, 78, a baby boomer and football fan, seems inspired in his foreign policymaking by the ethos of legendary pro football coach Vince Lombardi, who famously said, “Winning isn't everything. It's the only thing.” “But diplomacy, especially in a more complicated world, might be more like soccer,” Frantz said. "Sometimes you just need a tie. Sometimes you need to just survive and move on.” Trump on Thursday told reporters that he has decided to make Saudi Arabia the first overseas visit of his new term because the oil-rich kingdom has agreed to make a huge investment in the United States over the next four years.

“They've gotten richer, we've all gotten older. So I said, 'I'll go if you pay a trillion dollars, USD 1 trillion to American companies,'” Trump said. He also made the kingdom his first overseas stop during his first White House term after the Saudis promised USD 450 billion in US investment.

Trump acknowledged that the United Kingdom, one of America's oldest allies, has traditionally been the first stop for US presidents. But money talks.

Who has the cards' matters to Trump In his dealings with Ukrainian President Volodymyr Zelenskyy and Russian President Vladimir Putin, Trump has highly focused on who has the leverage. Putin has “the cards” and Zelenskyy does not, Trump has said repeatedly.

Zelenskyy appeared to be making some strides in assuaging Trump after their recent rocky meeting in the Oval Office ended with Trump and Vice President JD Vance criticising the Ukrainian leader for what they said was insufficient gratitude for the tens of billions of dollars in US assistance provided in the three years since Russia invaded.

Zelenskyy said later that how that meeting went down was “regrettable".

He also made clear he was ready to sign off on a minerals deal with the US — even without the explicit American security guarantees sought by the Ukrainians — that Trump wants.

In his Tuesday address before a joint session of Congress, Trump acknowledged Zelenskyy's fence-mending efforts. Trump also announced plans to send top advisers to Saudi Arabia this week for talks with Ukrainian officials.

But soon Trump was back to criticizing Zelenskyy, saying he does not have the leverage to keep fighting the war with Russia.

“I'm finding it more difficult, frankly, to deal with Ukraine, and they don't have the cards,” Trump said. “In terms of getting a final settlement, it may be easier dealing with Russia, which is surprising, because they have all the cards." Trump departs from years of US scepticism toward Russia Trump's push on Zelenskyy — and pivot toward Moscow — marks a significant departure from traditional US foreign policy toward Russia since the Cold War.

Others before Trump, including Presidents Bill Clinton, George W. Bush and Barack Obama, have tried resets with Russia, but perhaps never at a time as fraught. Deep scepticism toward Moscow, even in the best moments in the relationship, has been the standard operating posture in both Republican and Democratic administrations.

But Trump, who ran on a promise to quickly end the war, has veered from Democratic President Joe Biden's approach of making no major decision that could impact Ukraine without Kyiv's involvement.

At the same time, the new Republican administration has taken steps toward a more cooperative line with Putin, for whom Trump has long shown admiration.

Trump has ordered a pause on U.S. military aid for and intelligence-sharing with Kyiv, halted offensive cyberoperations against Russia by US Cyber Command and disbanded a programme aimed at seizing the assets of Russian oligarchs as a means to punish the Kremlin for its invasion.

Keeping an eye on the ledger Kellogg, who also served in Trump's first White House, recalled seeing Trump's “transactional diplomacy approach” early in the first term. Kellogg said that the president's first question in meetings with foreign leaders was often the same.

"As I found the very first time we were in the Cabinet room when a foreign official came in, the comment was, 'What is the trade imbalance between our two nations?" Kellogg recalled, speaking at the Council on Foreign Relations event.

The trade ledger has been top of mind for Trump as he argues that for too long America has been played by friends and adversaries, including neighbours Canada and Mexico.

Trump last week announced 25 per cent tariffs on many imports from Mexico and some imports from Canada amid widespread fears of the economic fallout from a broader trade war. He then postponed most of them.

The White House insists the pending tariffs are about stopping the smuggling of fentanyl. Trump has also at times suggested that the tariffs could be resolved by fixing the trade deficit.

The president on Friday was back to excoriating Canada, this time complaining about policies he said are hurting American dairy farmers and the lumber industry. He said he will act soon to even the ledger with Canada through reciprocal tariffs.

"Canada has been ripping us off for years on lumber and on dairy products,” Trump said.

Canadian Prime Minister Justin Trudeau, whom Trump has taken to belittling as the governor of America's 51st state, said his country will not be backing down from Trump's trade war.

The episode has underscored Trump's willingness to embrace hard power to resolve differences, even if it means testing one of the world's most durable and amicable alliances.

The centre-left Trudeau was so flummoxed by Trump's move that he found himself quoting the sharply conservative Wall Street Journal editorial page to make the point that this fight was unnecessary.

“It's not in my habit to agree with the Wall Street Journal," Trudeau said. "But Donald, they point out that even though you're a very smart guy, this is a very dumb thing to do.” (AP) PY PY

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