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    CCI approves the acquisition of certain equity share capital in IndiaFirst Life Insurance Co. Ltd. by BNP Paribas Cardif
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    CCI approves acquisition of majority of the shares and voting rights in Volkswagen subsidiary Everllence SE by funds managed and/or advised by Bain Ca...
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September 30, 2026
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Equity acquisition in a life insurer receives competition clearance for BNP Paribas Cardif's proposed investment.
Competition Commission of India approval covers a proposed combination under which BNP Paribas Cardif will acquire certain equity share capital in IndiaFirst Life Insurance Company Limited. The transaction is an acquisition of an ownership interest in an Indian life insurer. IndiaFirst Life Insurance Company Limited is incorporated in India, is an IRDAI-licensed insurer, and provides life insurance in India.
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.

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Israel says it has begun 'extensive' new ground operations in Gaza

May 18, 2025

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Deir al-Balah, May 18 (AP) Israel launched “extensive” new ground operations in the Gaza Strip while airstrikes in a new offensive killed at least 103 people, including dozens of children, overnight and into Sunday, hospitals and medics said, and forced northern Gaza's main hospital to close.

Airstrikes killed more than 48 people in and around the Palestinian territory's southern city of Khan Younis, some hitting houses and tents sheltering displaced people, according to Nasser Hospital, which said it struggled to count the dead because of the condition of the bodies. Eighteen children and 13 women were among them, spokesperson Weam Fares said.

In northern Gaza, a strike on a home in the built-up Jabaliya refugee camp killed nine members of a family, according to the Gaza Health Ministry's emergency services.

Another strike on a residence in Jabaliya killed 10, including seven children and a woman, according to the civil defence, which operates under the Hamas-run government.

In Gaza City, Um Mahmoud al-Aloul lay across the shrouded body of her daughter, Nour al-Aloul.

“You took my soul with you,” she cried. “I used to turn off my phone from how much you called.” Israel's military had no immediate comment, but its statement announcing the ground operations said that preliminary strikes over the past week killed dozens of militants and struck more than 670 targets. Israel blames civilian casualties on Hamas because the militant group operates from civilian areas.

Israel launched the offensive Saturday with the aims of seizing territory, displacing hundreds of thousands of Palestinians to Gaza's south and taking greater control of aid distribution.

An Israeli blockade on food, medicine and other supplies is now in its third month, with global food security experts warning of famine across the territory of more than 2 million people.

Talks in Qatar Israel has said it is pressuring Hamas to agree to a temporary ceasefire on Israel's terms — one that would free Israeli hostages held in Gaza, but wouldn't necessarily end the war. Hamas says it wants a full withdrawal of Israeli forces and a pathway to ending the war as part of any new ceasefire deal.

Israel had said it would wait until the end of US President Donald Trump's visit to the Middle East before launching its offensive, saying it was giving a chance for efforts at a new deal. Trump didn't visit Israel on his trip, which ended Friday.

Israeli Prime Minister Benjamin Netanyahu's office said that his negotiating team in Qatar's capital, Doha, was “working to realise every chance for a deal,” including one that would bring an end to fighting in exchange for the release of all remaining 58 hostages, Hamas' exile from Gaza and the disarmament of the Palestinian territory.

Hamas has refused to leave Gaza or disarm.

Israel shattered a previous eight-week ceasefire in March, launching airstrikes that killed hundreds of people. Days before that, Israel halted all imports into Gaza, deepening the humanitarian crisis.

The war in Gaza began on October 7, 2023, when Hamas-led militants attacked southern Israel, killing 1,200 people and abducting 251 others.

Israel's retaliatory offensive has killed more than 53,000 Palestinians, many of them women and children, according to Gaza's Health Ministry, which doesn't differentiate between civilians and combatants in its count.

Hospital cites Israeli 'siege' Health officials said that fighting around the Indonesian Hospital in northern Gaza and an Israeli military “siege” prompted it to shut down.

The hospital was the main medical facility in the north after Israeli strikes last year forced the Kamal Adwan and Beit Hanoun hospitals to stop offering services.

Israel's military said troops were “operating against terror infrastructure sites in northern Gaza,” including in the area adjacent to the Indonesian Hospital, without providing details.

Israel has repeatedly targeted hospitals in the war, accusing Hamas of being active in and around the facilities. Human rights groups and UN-backed experts have accused Israel of systematically destroying Gaza's health care system.

In northern Gaza, partly flattened by Israel's onslaught, at least 43 people were killed in strikes, according to first responders from the Health Ministry and civil defence. Gaza City's Shifa Hospital said that 15 children and 12 women were among the dead.

In central Gaza, strikes killed at least 12 people, hospitals said. One in Zweida town killed seven people, including two children and four women, according to al-Aqsa Martyrs hospital in Deir al-Balah. Another hit an apartment in Deir al-Balah, killing parents and their child, the hospital said. In Nuseirat camp, a strike hit a house and killed two people, the camp's Awda hospital said.

Houthi rebels launch missile at Israel The Israeli military said that it intercepted a missile launched early Sunday by Iranian-backed Houthi rebels in Yemen.

The rebels said that they fired two ballistic missiles — including a hypersonic one — towards Israel's main airport near Tel Aviv, whose grounds were struck by a Houthi missile earlier this month.

Israel was left out of a recent US deal to halt attacks on Houthi targets in Yemen in exchange for a stop to strikes on US shipping vessels in the Red Sea. On Friday, Israel struck Yemen for the eighth time since the start of the war in Gaza, in response to the Houthi attacks. The Houthis have said they are attacking in solidarity with Palestinians in Gaza. (AP) GSP

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