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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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THE PENINSULA'S GLOBAL 'ART IN RESONANCE' PROGRAMME 2025 SHOWCASES GROUNDBREAKING CONTEMPORARY ARTWORKS

March 26, 2025

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Three commissioned artworks — including one in partnership with the Victoria and Albert Museum (V&A) — celebrating innovation and cultural heritage launched to coincide with Art Basel Hong Kong HONG KONG, March 25, 2025 /PRNewswire/ -- The Peninsula Hong Kong has announced the launch of its 2025 "Art in Resonance" programme, continuing its mission to champion emerging and mid-career artists since the programme's inception in 2019. Opening during Hong Kong Art Week, this innovative showcase features commissioned works from Hong Kong artists Phoebe Hui and Chris Cheung (widely known as h0nh1m), alongside Shanghai-based artist Lin Fanglu, in partnership with the Victoria and Albert Museum (V&A).

From late March through May 2025, these boundary-pushing works will transform The Peninsula Hong Kong's public spaces, offering both hotel guests and art enthusiasts an opportunity to experience contemporary art at the iconic flagship hotel.

"This exhibition represents a significant milestone in our ongoing commitment to nurturing artistic creativity and cultural exchange," said Gareth Roberts, Executive Director and Chief Operating Officer of The Peninsula's parent company, The Hongkong and Shanghai Hotels, Limited. "We are particularly excited to partner with the V&A to bring this work, and future artworks to the museum's display. Our collaboration will cultivate a broader audience for these superbly talented artists." A Thought-Provoking, Immersive Exhibition The first piece to greet arriving visitors is Lunar Rainbow, a monumental 56-square-metre celestial-themed installation on the hotel's façade by multimedia artist Phoebe Hui (Hong Kong SAR, mainland China). The work features fragmented images of the moon laser-printed on 49 pieces of plate aluminium, created through a custom programme that traces the evolution of lunar imagery from 17th-century scientific moon drawings to contemporary open-source archives, blending the past with the present through a contemporary lens. Custom lighting design echoes a rare natural phenomenon – the moonbow, reflecting on ideas of possibility and new perspectives. Hui's largest artwork to date, Lunar Rainbow pays homage to the moon, a powerful symbol of resilience and hope. Inviting viewers to move forward and embrace the unknown, a serendipitous surprise awaits when the moon installation 'comes together' from a specific angle, offering a perceptual adventure that sparks curiosity and wonder.

In The Lobby, textile artist Lin Fanglu (Dalian, China) presents She's Bestowed Love, curated by Dr Xiaoxin Li, the V&A's Curator, Asia Department. The large-scale work features vibrant red sculptural forms that celebrate feminine strength and power. Around this maternal core, smaller forms orbit like precious islands, each one telling its own story while remaining connected to the whole, representing the countless moments that shape a woman's journey. Drawing inspiration from the ancient textile traditions of Yunnan's Bai minorities and channelling the nurturing spirit of Greek goddess Gaia, the work creates a dialogue between cultural heritage and contemporary expression. After its showcase at The Peninsula Hong Kong, the installation will travel to London, United Kingdom, and be displayed at the V&A South Kensington, where it will serve as the statement piece of the year-long "Dimensions: Chinese Contemporary Studio Crafts" on display beginning in Autumn 2025.

"This collaboration represents the intersection of tradition and innovation, which perfectly embodies the V&A's mission," said Dr Melissa Buron, Director of Collections and Chief Curator of the V&A. "By partnering with The Peninsula, we are creating meaningful dialogues between contemporary artistic expression and cultural heritage — sharing powerful creative voices with audiences worldwide." At The Verandah, new media artist Chris Cheung (h0nh1m) (Hong Kong, China), presents The Flow Pavilion, an immersive installation created in partnership with Tai Ping. A one-way mirror structure modelled after a contemporary tea house is the centrepiece of a Zen Garden occupying the café space. Visitors are invited to experience the 'Flow State', a meditative journey of self-connection and tranquillity, by watching a kinetic sphere glide across an exquisite hand-tufted silk carpet, creating patterns reminiscent of the designs in a contemporary Zen Garden. This mesmerising movement is powered by the artist's recorded brainwave patterns during meditation, pairing ancient mindfulness practices with modern technology.

A Brand-wide Commitment to Contemporary Arts The Peninsula has been committed to promoting the rich and vibrant cultural aspects of its properties' destination cities for generations by inviting its guests to engage with art through numerous channels. The group has hosted artist residencies; mounted enriching and culturally representative exhibits, talks, and symposia; and offered studio visits and workshops with local creators whose work exemplifies the distinctive flavour and energy of their home cities.

The exhibition works in this year's "Art in Resonance" will remain at The Peninsula Hong Kong through May, after which they will be displayed at other Peninsula properties, and joined by additional, newly commissioned installations from local and international artists.

Bringing Creativity to Life at The Peninsula Hong Kong In tandem with the exhibition, The Peninsula Hong Kong offers a series of art-inspired experiences, including a celebratory Afternoon Tea at The Lobby featuring pastries inspired by the artworks on display; delicious chocolate bonbons and cookies modelled after specific artworks, and a set of Matcha Mochi paired with Sencha Green Tea at The Verandah. Additionally, guests can enjoy in-room chocolate amenities and postcards that echo the installations. Artistically inspired cocktails are also available at Felix and The Bar, with each drink crafted to complement the exhibited artworks. The hotel's exclusive "The Art of Luxury" stay package, which includes the "Art in Resonance" guided tour and afternoon tea experience, will further illuminate the city's vibrant art scene. Please visit the official hotel website for more details.

About Art in Resonance Since 2019, The Peninsula's commission-based Art in Resonance programme has spotlighted the work of important emerging and mid-career artists. By providing funding, curatorial support, and exhibition space, Art in Resonance allows these creators to produce significant new public artworks – while simultaneously offering deeply immersive art experiences to Peninsula guests.

More information can be found at The Peninsula's Art in Resonance programme webpage, www.peninsula.com/art.

About the V&A The V&A is a family of museums dedicated to the power of creativity —its power to entertain and move, to enrich our lives, open our minds and change the world. We celebrate and share that power through a programme of exhibitions, events, educational and digital experiences, a collection of 2.8 million objects, and through our support for new works and commitment to conservation, research and sustainable design. Together, our work tells a 5,000-year-old story of creativity, helping to advance cultural knowledge everywhere, and inspiring the makers, creators and innovators of today and tomorrow. We are always working to broaden our audiences so that everyone can be part of the V&A – because the V&A and the power of creativity belong to us all.

About The Hongkong and Shanghai Hotels, Limited (HSH) Incorporated in 1866 and listed on The Stock Exchange of Hong Kong (00045), HSH is the holding company of a Group which is engaged in the ownership, development and management of prestigious hotel, commercial and residential properties in key locations in Asia, the United States and Europe, as well as the provision of tourism and leisure, club management and other services. The Peninsula Hotels portfolio comprises The Peninsula Hong Kong, The Peninsula Shanghai, The Peninsula Beijing, The Peninsula Tokyo, The Peninsula New York, The Peninsula Chicago, The Peninsula Beverly Hills, The Peninsula London, The Peninsula Paris, The Peninsula Istanbul, The Peninsula Bangkok and The Peninsula Manila. The property portfolio of the Group includes The Repulse Bay Complex, The Peak Tower and St. John's Building in Hong Kong; The Landmark in Ho Chi Minh City, Vietnam; and 21 avenue Kléber in Paris, France. The clubs and services portfolio of the Group includes The Peak Tram in Hong Kong; Quail Lodge & Golf Club in Carmel, California; Peninsula Clubs and Consultancy Services, Peninsula Merchandising, and Tai Pan Laundry in Hong Kong.

Learn more at www.peninsula.com or follow us on Facebook and Instagram.

Photo - Embedded Media Photo - Embedded Media Photo - Embedded Media 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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