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    Sikkim govt to introduce Aadhaar-based biometric attendance for employees from Oct 1
    Swastika Infra Limited Announces Launch of Initial Public Offering
    S&P, Fitch, others raise FY’27 India GDP growth projections; see RBI rate hike on inflation fears
    Centre for Trade and Investment Law Hosts Webinar on WTO Fisheries Subsidies Agreement
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    Banks to remain open on Sunday for customers' convenience in view of proposed strike
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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.
September 23, 2026
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Trade partnership frameworks seek diversified market access through proposed economic agreements, investment cooperation, stronger business linkages, and improved connectivity.
Trade and market-access cooperation is to be advanced through a proposed Comprehensive Economic Partnership Agreement with Chile, a proposed Free Trade Agreement with Peru, and expansion of the Preferential Trade Agreement with MERCOSUR. The frameworks seek mutually beneficial outcomes while respecting respective sensitivities and priorities. Diversified trade, investment and business partnerships are envisaged through stronger business-to-business linkages, improved connectivity and more predictable market access.
September 23, 2026
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Diplomatic engagement amid armed conflict continues as parties discuss reopening strategic waterways, energy security, and a potential negotiated settlement.
Diplomatic engagement between the United States and Iran resumed amid an ongoing armed conflict. The engagement concerned reopening the Strait of Hormuz and returning to negotiations toward a settlement, while the United States position combined willingness to engage with threats of escalated military action if an agreement was not reached. Regional consultations also addressed risks to oil carriage, energy supplies, and navigation through strategic waterways.
September 23, 2026
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Bilateral comprehensive trade agreement negotiations aim for conclusion at the G20, supporting diversification and renewed economic ties.
Comprehensive trade agreement negotiations between Canada and India are progressing, with both governments aiming to conclude discussions by the mid-December G20 summit. Formal negotiations commenced in March, accompanied by a broader commitment to complete the agreement by the end of 2026. The proposed arrangement forms part of renewed bilateral economic engagement and Canada's strategy to diversify trade relationships, strengthen market access and reduce dependence on a single market.
September 23, 2026
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Diesel export restrictions may worsen refinery constraints and consumer fuel costs amid global refining capacity disruptions.
Possible restrictions on diesel exports are being considered to address rising domestic diesel prices amid disruption to global refining capacity. Oil industry representatives oppose an export ban, contending that it could aggravate refinery-sector constraints and worsen supply conditions. They advocate increased supply and operational flexibility instead of new export restrictions, while farm-state senators support a diesel export ban.
September 22, 2026
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District-led economic development will align local resources, enterprise support and export promotion to strengthen regional economic opportunities.
The Uttar Pradesh Enabling District-Led Economic Growth project is proposed to convert district-specific resources into investment, employment, entrepreneurship and export opportunities. Its framework combines economic activity with stronger local administration and major investment proposals suited to local needs. Economic diversification is to expand manufacturing and services alongside agriculture, while local products are to receive improved design, packaging and access to global markets. Proposed measures also include enterprise development, women entrepreneurship, skills training, healthcare, agricultural processing and polyhouse development.
September 22, 2026
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Healthcare access integration enables local outpatient ticketing and appointment booking through banking correspondents, alongside employee banking and patient-support initiatives.
The partnership integrates SKIMS outpatient ticketing and appointment booking with J&K Bank's Banking Correspondent network on a six-month pilot basis, enabling local access for patients in rural and remote areas. J&K Bank serves as SKIMS's banking partner, offers customised employee banking benefits, supports hospital infrastructure through corporate social responsibility assistance, enables public contributions to the poor-patient endowment fund through a mobile application, and provides digital financial literacy and wealth-management programmes.

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US: Anti-abortion groups mount effort to strip Planned Parenthood funding ahead of Supreme Court hearing

March 27, 2025

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Washington, Mar 27 (AP) Major anti-abortion groups were gathering in the American capital on Thursday to begin a lobbying effort with Congress and President Donald Trump's administration aimed at eliminating funding for Planned Parenthood ahead of the Supreme Court hearing a case in April that could strip the organisation's funding in South Carolina.

The anti-abortion groups are taking aim at abortion providers under an initiative called Defund Planned Parenthood, which targets federal Medicaid funding for the reproductive health care provider.

“This event begins an intensive round of outreach to the GOP, calling on them to take advantage of this unique moment to defund the abortion industry,” Students for Life, the national anti-abortion group organising the event, said in a statement.

The Hyde Amendment already restricts government funding for most abortions, and less than 5 per cent of the services Planned Parenthood provides are abortions, according to the organisation's 2023 report.

Planned Parenthood also provides other forms of reproductive health care, including contraception, treatment for sexually transmitted infections and cancer screenings, often for low-income patients.

Vicki Ringer, Planned Parenthood's South Carolina director of public affairs, said claims that Planned Parenthood uses Medicaid funding for abortion is “an attempt to mislead the public” and emphasised Planned Parenthood's role in providing broader reproductive health care.

“We should be expanding health care to low-income people rather than trying to kick off these people who rely on us for health care,” Ringer said.

Rachel Rebouche, dean of Temple University's Beasley School of Law in Philadelphia, said the Defund Planned Parenthood movement has been building for 10 years but has gained momentum as the anti-abortion movement has been emboldened by Trump's presidential victory and by his fellow Republicans winning control of Congress in November.

“We're seeing more enthusiasm in states like South Carolina and others to close down Planned Parenthood under the banner of stopping abortions, which their laws already do," she said.

The Supreme Court announced it would hear a case involving South Carolina's attempt to strip Medicaid funding for Planned Parenthood. Experts say the lawsuit could prompt similar efforts in conservative states across the country to chip away at the organisation's funding.

Almost 100 conservative members of Congress signed an amicus brief urging the Supreme Court to side with South Carolina. The state already bans abortion after six weeks of pregnancy, before many people know they're pregnant.

In February, a panel of judges in the 5th Circuit Court of Appeals reversed a lower court ruling that attempted to force Planned Parenthood to repay millions of dollars of Medicaid funding in Texas and Louisiana.

If the Supreme Court sides with South Carolina, Rebouche said, there may be a wider impact on health care by "giving states broad power to exclude health care that is unpopular or politically disfavoured,” such as contraception.

Targeting Planned Parenthood might also have a negative effect on maternal and infant mortality rates and could cost more money in the long run by cutting off low-income patients from vital preventive reproductive health care, she said.

During a 2015 push to strip Planned Parenthood funding, the Congressional Budget Office estimated that doing so would cost the government USD 130 million over 10 years.

Meanwhile, lawmakers in at least three states -- Missouri, Ohio and South Carolina -- have introduced bills this year aiming to create tax breaks for anti-abortion centres.

The strategies come during a time when abortion rights advocates are warning that Trump and his Cabinet hold significant power to restrict medication abortion access nationwide.

Rather than immediately heeding calls from anti-abortion allies to restrict Medicaid funding for clinics that provide abortions, Trump has made quieter moves after waffling on the issue on the campaign trail.

Trump reinstated a policy that requires foreign nongovernmental agencies to certify that they don't provide or promote abortion if they receive US aid for family planning assistance.

He also pardoned several anti-abortion activists convicted of blockading abortion clinics and used wording related to fetal personhood in an executive order rolling back protections for transgender people.

The Republican president has appointed abortion opponents in some key Cabinet positions that could affect the availability of medication abortion and contraception, Medicaid coverage for family planning services, collection of abortion-related data and abortion access for troops and veterans.

Advocates on either side of the abortion debate are waiting to see if Trump's Department of Justice will revive the Comstock Act, a 19th-century obscenity law, to restrict the mailing of medication abortion or other materials used for abortions.

Attorney General Pam Bondi has a history of defending abortion restrictions, and her confirmation was celebrated by abortion opponents. (AP) ARD ARD ARD

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