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    Union Minister of Commerce and Industry Shri Piyush Goyal to Visit the United States to Participate in G20 Trade Ministers’ Meeting
    14th India-UAE High Level Joint Task Force Meeting Held in Mumbai
    CBDT extends due date for furnishing Return of Income for AY 2026-27 in respect of persons subject to audit under the Income-tax Act, 1961
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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
Show AI Summary
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.
September 25, 2026
Show AI Summary
Trader welfare policy discussions covered GST reform, digital commerce, finance access, export promotion, and coordinated institutional support.
Deliberations covered GST rationalisation, refund delays, audit duration, amnesty schemes, input tax credit anomalies and pending appeals, alongside proposed inclusion of traders in MSME facilitation committees, a centralised loan portal with a 30-day timeline, CIBIL score reforms and grievance helplines. Trader welfare measures considered timely contractor payments, safeguards against technical penalties, loan-repayment flexibility during lean periods and stronger Centre-State coordination.
September 25, 2026
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Gold smuggling through powdered gold concealed in food products led to seizure and arrests under customs law.
Intelligence-led interception and baggage examination identified foreign-origin gold converted into fine powder and mixed with packaged food products of similar colour, texture and consistency. Segregation and assaying yielded 9.40 kg foreign-origin gold, which was seized under the Customs Act, 1962. Questioning linked the passengers to the same organised gold-smuggling syndicate, and they were arrested under that Act.
September 25, 2026
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Customs seizure of suspected smuggled areca nuts and restricted poppy seeds followed intelligence-led cross-border enforcement operations.
Intelligence-led customs enforcement in Mizoram and Assam resulted in seizure, under the Customs Act, 1962, of suspected foreign-origin areca nuts and poppy seeds believed on preliminary inquiry to have been smuggled from Myanmar. Searches of locked, unattended godowns near the Indo-Myanmar border recovered the commodities, while interception of two trucks carrying poppy seeds without valid import documents led to seizure of the consignments and vehicles. Four persons connected with transportation of the poppy seeds were arrested.
September 25, 2026
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Industrial control system cybersecurity certification validates system-level protection across wind farm controls, networks, and lifecycle security services.
IEC 62443-3-3 Security Level 2 certification applies to a wind farm control system covering SCADA, PPC, PLC and industrial network devices. It assesses system-level security requirements, including the interaction of components, networks and security mechanisms within an overall industrial control environment. The cybersecurity framework also spans secure development, certified core control components, system-level protection, and security integration and maintenance services across the lifecycle of wind energy technologies.
September 25, 2026
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Foreign exchange reserve composition reflects a weekly decline driven by foreign currency assets despite a modest gold increase.
India's foreign exchange reserves declined by USD 14.881 billion to USD 765.901 billion for the week ended 18 September 2026. The contraction was principally driven by a reduction in foreign currency assets, which also reflect valuation effects from movements in non-US reserve currencies. Gold reserves increased, while Special Drawing Rights decreased and the reserve position with the International Monetary Fund remained reported separately.

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Look at turbulent life of South Korean leader who has been ousted over martial law

April 4, 2025

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Seoul, Apr 4 (AP) Yoon Suk Yeol's political rise was fast: the former star prosecutor clinched South Korea's presidency only a year after he entered politics.

But his downfall was even faster: The Constitutional Court removed him from office on Friday, about four months after he made a deeply baffling decision to declare martial law and send troops to Seoul's streets.

Yoon's style — highly assertive and strong-willed, but often uncompromising and inflexible — worked for a prosecutor standing up to higher-ups, but not for a president forced to work with an opposition-dominated legislature on an array of contentious issues.

Yoon, 64, a conservative, said his martial law decree was a desperate attempt to call on public support for his fight against “anti-state” liberal rivals who used their parliamentary majority to obstruct his agenda and impeach top officials. But many observers say the stunt was political suicide, as the liberal opposition-controlled parliament quickly struck down Yoon's decree before impeaching him and sending his case to the Constitutional Court. ' Yoon was separately indicted by prosecutors for rebellion, a charge that can carry the death penalty or life imprisonment.

Here's what you need to know about Yoon's life to understand the sudden end of his presidency.

A popular prosecutor Before becoming president in 2022, Yoon worked as prosecutor for about 26 years, establishing an image as a strong-minded, uncompromising prosecutor who didn't yield to pressure from powerful figures.

Yoon rose to stardom in 2013, when he publicly accused his boss of pressuring him to drop a high-stakes investigations into allegations that the state intelligence agency had carried out an illegal online campaign to help conservative Park Geun-hye win the previous year's presidential election.

During a hearing at parliament, Yoon famously said, “I'm not loyal to (high-level) people.” He was demoted, but after Park's government was toppled over a separate corruption scandal in 2017, liberal President Moon Jae-in made Yoon head of a Seoul prosecutors' office that investigated Park and other conservative leaders. Yoon was later appointed as Moon's prosecutor general.

Political rookie of the year In 2021, Yoon left the Moon administration and entered politics following disputes over probes of Moon allies. Moon's supporters accused Yoon of attempting to frustrate Moon's push to reform the Korean prosecution service and boost his political standing. Yoon, for his part, called the Moon government “corrupt,” “incompetent” and “arrogant.” Yoon joined then the opposition People Power Party, the country's biggest conservative party, whose leaders he previously investigated, as it was looking to embrace a popular outside figure to lead its fight to regain power in the following year's presidential election.

In 2022, in his first national election campaign, Yoon defeated Democratic Party candidate Lee Jae-myung in the country's most closely fought presidential election.

The election race got nasty, with Yoon describing Lee's party as “Hitler” and “Mussolini” while an associate called Lee's purported aides “parasites.” Lee's allies called Yoon “a beast,” “dictator” and “an empty can” and derided his wife over claims she had had plastic surgery.

A turbulent presidency On foreign policy, Yoon was credited with working hard to reinforce South Korea's military alliance with the U.S. and repairing disputes with Japan over historical traumas to build a stronger trilateral security partnership to cope with North Korea's advancing nuclear program.

In April 2023, Yoon charmed a White House state dinner by singing “American Pie" at the request of then-President Joe Biden. In August 2023, Yoon, Biden and Japan's then-Prime Minister Fumio Kishida met at Camp David in their countries' first stand-alone trilateral summit, where they agreed to bolster defense cooperation. Yoon and Kishida revived stalled high-level talks and withdrew reciprocal economic restrictions imposed under their predecessors.

But domestically, Yoon's time in office was marred by near-constant political strife with Lee's party, unprecedented even in South Korea's deeply polarized political world.

With control of the National Assembly, the Democratic Party filed a total of 30 impeachment motions against senior officials. None has yet been upheld by the Constitutional Court, except that of Yoon. The Yoon administration vetoed opposition-led bills about 40 times.

Eventually, Yoon tried to break through the gridlock by declaring martial law. He says that it was an attempt to appeal for the public's help to overcome the “wickedness” of the Democratic Party. Critics say he was simply aiming to use force to impose his will on the legislature.

In his martial law announcement, Yoon called the Democratic Party-led assembly “a den of criminals,” “a monster” and “anti-state forces.” Democratic Party leaders lambasted Yoon's martial law, calling him “an alcoholic,” “a madman” and “ringleader of a rebellion.” Wife hit by scandals Some observers say the martial law decree was more likely driven by Yoon's hopes to frustrate an opposition-led bid to open a special investigation into allegations involving his wife, Kim Keon Hee.

Kim's allegations include spy camera footage showing the first lady accepting a luxury bags as a gift from a pastor; speculation she was involved in a stock price manipulation scheme; and revelations that she, along with Yoon, exerted inappropriate influence on the People Power Party to pick a candidate to run for a parliamentary by-election in 2022.

Kim's scandals and Yoon's refusal to apologize and accept investigations provided the Democratic Party political ammunition throughout his term. (AP) AMS

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