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    15th Meeting of ASEAN-India Trade in Goods Agreement (AITIGA) Joint Committee held during 6-9 October 2026
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October 9, 2026
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AITIGA review negotiations face time-bound subcommittee deliverables to resolve policy issues and modernise trade arrangements.
The AITIGA Joint Committee directed its sub-committees to accelerate pending review chapters through firm, time-bound deliverables and close coordination. Work covers legal and institutional issues, national treatment and market access, and rules of origin. ASEAN and India reaffirmed their commitment to resolve outstanding policy issues, deepen economic integration, and modernise the Agreement into a balanced and mutually beneficial framework strengthening bilateral trade.
October 9, 2026
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International investment law requires balance between investment protection and States' regulatory authority amid sustainability and digital trade challenges.
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October 9, 2026
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Expenditure-side GSDP compilation framework standardises regional estimates through common methods, local data sources, and allocation indicators.
Draft guidelines establish a uniform framework for compiling expenditure-side Gross State Domestic Product estimates using base year 2022-23. They cover data sources, estimation procedures and methodologies for private and government consumption, gross fixed capital formation, inventory changes, valuables and net exports. State-specific data and allocation indicators are preferred, while recommended allocation methods support consistent estimates where direct subnational data are unavailable. The approach is intended to harmonise estimation practices and strengthen subnational national accounts capacity.
October 9, 2026
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Freehold land monetisation proceeds through a two-stage electronic sale requiring technical bids and an Earnest Money Deposit.
Monetisation of a 5.119-acre freehold industrial land parcel owned by HIL (India) Limited at Najafgarh Industrial Area, New Delhi, is facilitated through an E-Tender followed by E-Auction. Eligible bidders must complete registration, submit technical bids, and furnish the required Earnest Money Deposit or Bank Guarantee by the stipulated deadline. Sale is subject to "as is where is", "as is what is", "whatever there is" and no-recourse or no-complaint conditions. The exact land extent is to be determined through a joint survey with the successful bidder.
October 9, 2026
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India-Singapore investment cooperation advances through investor engagement, financial connectivity, capital-market participation, and support for identified investment opportunities.
India-Singapore investment cooperation is to be strengthened through engagements with political leadership, business representatives and global institutional investors. Discussions cover trade and investment, digital financial connectivity, capital markets, taxation, advanced manufacturing, skilling and aviation. The National Investment and Infrastructure Fund and GIFT City are identified as channels for Singaporean capital participation through investment vehicles and funds. The Ministry of Finance will facilitate connections between investors, Indian companies, financial institutions and State Governments for identified investment opportunities.
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GST process reforms propose automated registration, refunds and return corrections while easing enforcement, credit access and trade compliance.
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October 8, 2026
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Free trade agreement utilisation enables MSME market access, rules-of-origin awareness, export participation, and foreign investment opportunities while protecting sensitive sectors.
Free Trade Agreements are positioned to preserve sensitive domestic interests, particularly agriculture, fisheries and MSMEs, while widening market access for agricultural, marine, engineering, precision and electronic products and facilitating foreign investment. Proposed FTA utilisation desks across State Councils would assist MSMEs in using preferential arrangements, understanding rules of origin and market-access opportunities, participating in delegations and exhibitions, and presenting products and technologies to overseas markets.
October 8, 2026
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Sole-control acquisition of nutraceutical and pharmaceutical businesses receives competition approval for Bain Capital-managed investment funds.
Competition Commission of India approval permits BCPE Wellbeing Holdco Two Limited and Integral Investments Asia IV Limited, funds managed or advised by Bain Capital, to acquire sole control over Omega-Meyer Limited and Meyer Organics Private Limited. The target businesses provide nutraceuticals globally and in India, while Meyer Organics Private Limited also produces and supplies certain over-the-counter and prescription finished-dose pharmaceuticals in India.
October 8, 2026
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Highway asset acquisition approval covers full ownership transfer of a tollway operator and road-project special purpose vehicles.
Competition Commission of India approval covers the acquisition by Concessoc 41 SAS of the entire shareholding in Vishavari Tollway Private Limited and nine special purpose vehicles. The target entities operate designated national-highway stretches in Andhra Pradesh, Odisha and Gujarat, while Vishavari Tollway Private Limited provides operation and maintenance and engineering, procurement and construction services for those highway assets.
October 8, 2026
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Competition clearance for hospitality share acquisition permits investment in a company owning and developing hotel and serviced apartment assets.
Competition Commission of India approved the proposed combination involving CPP Investment Board Private Holdings (4) Inc.'s acquisition of certain shareholding in Prestige Hospitality Ventures Limited. The target is an Indian public limited company within the Prestige group and owns and develops hospitality assets, including hotels and serviced apartments. The acquirer is incorporated in Canada and is managed by Canada Pension Plan Investment Board.
October 8, 2026
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Internal group restructuring receives merger-control approval for amalgamating an integrated steel producer into the group's steel manufacturer.
Merger-control approval covers the proposed internal JSW Group restructuring through amalgamation of BMM Ispat Limited into JSW Steel Limited. The amalgamation would convert the group's majority interest in BMM into full ownership and is intended to enhance operational, financial and organisational efficiencies through economies of scale, resource pooling and capital rationalisation. BMM is commercially integrated in the group's supply chain through intra-group sales and procurements.
October 7, 2026
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Transparent land e-auction procedures support bidder preparedness through mock training, registration and earnest-money requirements for phased asset monetisation.
National Land Monetization Corporation is facilitating a two-phase e-tender-cum-e-auction of 459 encumbrance-free land parcels of Rashtriya Ispat Nigam Limited through the RailTel E-Nivida e-Procurement Platform. Participation requires registration, fulfilment of prescribed requirements and submission of earnest money deposit within the applicable deadlines. Physical and online mock e-auction training familiarises prospective bidders with the bidding interface and participation procedure. Investor outreach provides information on plot details, eligibility requirements, registration and bidding conditions.
October 7, 2026
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Preventive narcotics outreach promotes drug awareness, community participation, and sustainable livelihood alternatives to discourage illicit cannabis cultivation.
Preventive outreach in Malana village promoted drug awareness, youth engagement, community participation and alternative development in an area associated with illicit cannabis cultivation. Residents were sensitised to the harmful effects of cannabis, charas and hashish oil consumption and encouraged to pursue sustainable alternatives, including apiculture, animal husbandry, dairy activities and tourism. Community discussions addressed livelihood barriers, ecological concerns, and commitments to refrain from drug consumption and discourage illicit cannabis cultivation.
October 7, 2026
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Cross-border financial cooperation guides work on market access, sustainable finance, fintech safeguards, and payment interoperability.
India-UK financial-markets cooperation covers capital-market connectivity, cross-border listings, investor access and development of GIFT IFSC as an international financial centre. Engagement also addresses insurance, pensions, asset management, sustainable-finance disclosures and cross-border investment. Fintech cooperation includes digital public infrastructure, central bank digital currencies, data exchange, responsible artificial intelligence, fraud prevention, cyber security and operational resilience. Cross-border payments work prioritises reduced frictions, transparency, efficiency and interoperability of electronic payment infrastructures.
October 7, 2026
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Investment commitments and tariff predictability under India-EFTA TEPA support market access, supply-chain planning, and long-term bilateral trade.
India-EFTA TEPA establishes reciprocal market-access commitments, with EFTA coverage extending to most Indian exports and full coverage for non-agricultural products. Tariff predictability is intended to support investment planning, supply-chain development and longer-term business partnerships. Agricultural opportunities may arise where duties have been reduced to zero. Article 7.1 includes an investment commitment under which the EFTA States are to aim to increase foreign direct investment into India and facilitate employment generation within specified implementation periods.
October 7, 2026
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Foreign investment engagement focuses on expanded partnerships across financial services, manufacturing, insurance, and emerging technologies in India.
India-U.S. trade and investment engagement was pursued through discussions with leading United States companies on expanding investment, partnerships and commercial operations in India. Financial-sector discussions addressed private equity, asset and wealth management, insurance, and financial services, including prospective engagement aligned with the objective of insurance access for all by 2047.
October 7, 2026
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Policy repo rate recalibration responds to inflationary pressures, adopting calibrated tightening while future actions depend on growth and inflation conditions.
Monetary policy is recalibrated through an increase in the policy repo rate under the liquidity adjustment facility by 25 basis points to 5.50 per cent. The monetary policy stance shifts to calibrated tightening, indicating that near-term rate reductions are excluded and that subsequent action may consist of a rate increase or a pause, depending on evolving conditions and the outlook. Further rate action depends on growth-inflation developments, underlying inflation, broadening price pressures, second-round effects and demand impulses.
October 7, 2026
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Index of Services Production expansion proposes broader service-sector coverage through education, health, residential care, public administration and defence.
The Index of Services Production is proposed to expand beyond its initial formal-sector coverage, which relies on high-frequency administrative data and GST outward-supplies data. Education, Human Health and Residential Care, and Public Administration and Defence are proposed for inclusion. Their incorporation would increase coverage of services-sector Gross Value Added and support aggregation of sub-sectoral indices into a unified measure of short-term services-sector movements. Stakeholder views are invited on the proposed methodology.
October 7, 2026
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Cross-border gold smuggling enforcement addresses concealed foreign-origin gold transport through customs seizure, arrest, and investigation of organised networks.
Intelligence-led customs enforcement targeted cross-border gold smuggling through surveillance and interception of four persons travelling from a border route. Personal searches recovered foreign-origin gold biscuits concealed in specially tailored cloth waist belts. Seventy-two gold biscuits were seized under relevant provisions of the Customs Act, 1962, and the four persons were arrested. Investigation continues into organised networks and wider syndicates involved in the movement and distribution of smuggled gold.
October 6, 2026
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Financial inclusion drives digital lending, insurance claim awareness, portal enrolment, and banking access for marginalised sections.
Banks were urged to expand brick-and-mortar branches and banking correspondent coverage in unbanked villages, strengthen digital outreach, and implement end-to-end digital loan processing. Working-capital lending for micro-enterprises through UPI-linked credit lines and credit cards was highlighted. Banks were also directed to increase awareness of insurance claim eligibility, exercise care in claim-related grievance handling, and enrol new PMJJBY and PMSBY beneficiaries through the Jan Suraksha portal.

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India readies for nationwide mock drill Wednesday

May 6, 2025

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New Delhi, May 6 (PTI) The stage is set for a nationwide mock drill on Wednesday with all states and Union territories preparing to operationalise air-raid sirens and train people on evacuation protocols and cleaning of bunkers and trenches among other steps in the event of a "hostile attack".

The emergency preparedness, the first perhaps since 1971, will be conducted by most states from 4 pm.

Sources said the number of volunteers associated with this drill would be around 6 lakh but the final number could be more.

The drill follows the Union Home ministry's communication on Monday to states and Union territories to conduct the drills due to the "new and complex threats" that have emerged amid rising tensions with Pakistan following the April 22 Pahalgam terror attack that claimed 26 lives.

The authorities in all states will involve students of educational institutions, employees of government and private organisations, hospital staff, railway and metro officials, besides uniformed personnel of the police, paramilitary and defence forces, while conducting the mock drills, the sources said.

Most vulnerable places include metro cities like Delhi, Chennai, Mumbai and Kolkata and cities that have vital installations like nuclear facilities or are along the border, they said.

"The civil defence authorities are going to check the capabilities of all these zones and wherever something is lacking or not working, these will be rectified," a source said.

This exercise of identifying site spots will continue for next three days.

During the day, a high-level meeting chaired by Union Home Secretary Govind Mohan was held here to discuss how to conduct the mock exercise with active public participation of people. Top civil and police officials of the country participated in the meeting, official sources said.

Preparations are almost complete for conducting the mega exercise in the states and Union territories, officials said.

The Delhi government issued a list of dos' and don'ts for the exercise 'Operation Abhyaas' at 55 locations across the national capital.

People have been advised to familiarise with the air raid siren sounds (long wails for alerts, short bursts for all-clear), identifying the nearest shelter locations such as basements, underground car parks or designated safe zones, during the drill and keep ready items like toch, emergency kit, water bottles among others.

People will also be required to immediately stop outdoor activities and proceed to the nearest shelter, avoid using phone to keep communication line free for emergencies after sounding of the sirens without ignoring it.

In Kashmir, the drill will take place at 4 pm, according to an advisory issued by the Directorate of State Disaster Response Force (SDRF) and Civil Defence.

Chandigarh Deputy Commissioner Nishan Kumar Yadav said a blackout rehearsal will be conducted from 7.30 pm to 7.40 pm on Wednesday.

A siren will be sounded at 7.30 pm and it will continue for 10 minutes, he said.

In Jharkhand, the drills will be conducted from 4 pm for activities like warning of danger through siren, blackout, keeping major infrastructure safe and safe evacuation of injured in case of an accident.

Mock drills will be conducted in Bengaluru, Karwar, and Raichur on May 7, given the "new and complex threats" that have emerged amid rising tensions with Pakistan following the Pahalgam terror attack.

Karnataka Director General of Police Prashant Kumar Thakur said the drills will continue for a week and are aimed at identifying and addressing gaps in preparedness and resources.

Mock drills will be held at three locations in the state - Bengaluru city, Karwar in Uttara Kannada district and Raichur.

Uttar Pradesh Police chief Prashant Kumar said even though 19 districts have been identified by the central government for the mock drills, the state government has decided to carry out it in all districts of the state.

"We have received directions from the government of India for civil defence mock drills scheduled to be held on May 7. As many as 19 districts have been identified, out of which one district is in the A category, two are in the C category, and the rest of the districts are in the D category," he said.

Punjab Finance Minister Harpal Singh Cheema said the mock drills will be carried out at 20 places in the state, including Ferozepur, Ludhiana, Amritsar, Bathinda, Gurdaspur, Hoshiarpur, Jalandhar, Patiala, Pathankot, Barnala and Mohali.

The BJP has appealed to the people across the country to join the mock drill.

While the BJP posted its appeal on X, party sources said its different units across the country have been asked to actively participate in the local administration's drive. Party MPs and MLAs are expected to be a part of the nationwide exercise.

Home ministry officials said nearly 300 civil defence districts with sensitive installations like nuclear plants, military bases, refineries, and hydroelectric dams will be covered by the mock drills.

Sources said the civil defence districts are different from the normal administrative district, as a geographical area having a cantonment or a refinery or a nuclear plant may be designated as a 'civil defence district' depending on the requirement and exigency.

"Such districts are designated by the respective state authorities, and we believe, the mock drills will be carried out in nearly 300 such civil defence districts across the country," a source said.

According to a home ministry communication, the mock drills also include the operationalisation of hotline and radio-communication links with the Indian Air Force (IAF), testing the functionality of control rooms and shadow control rooms.

"In the current geo-political scenario, new and complex threats/challenges have emerged, hence, it would be prudent that optimum civil defence preparedness in the states/UTs is maintained at all times," the letter from the Directorate General Fire Service, Civil Defence and Home Guards to the states and Union territories said.

The conduct of the exercise is planned up to the village level, and this exercise aims to assess and enhance the readiness of civil defence mechanisms across all states and Union territories.

This is not for the first time such mobilisation of civil defence is being done. During COVID too, the entire mechanism was used to support the government, sources said.

After Parliament attack and even during Kargil, civil defence force was mobilised to help state machineries, they added. PTI TEAM ACB ZMN

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