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    CCI approves acquisition of certain additional equity share capital of IIFL Capital Services Ltd by FIH Mauritius Investments Ltd.
    CCI approves acquisition of Onesto Labs Private Limited by L’Oréal India Private Limited
    Central govt employees to get salary in advance on Sep 25 in view of 3-day bank strike
    BharatBenz Inaugurates India’s Highest-Altitude Workshop at Leh-Ladakh in Collaboration with PPS Trucking
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    S&P, Fitch, others raise FY’27 India GDP growth projections; see RBI rate hike on inflation fears
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    Banks to remain open on Sunday, 27th September, for convenience of customers
    CGPSC scam: ED alleges Rs 45 lakh 'CSR' payment to ex-CGPSC chief for favouring businessman's kin
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    S&P, Fitch raise FY'27 India GDP growth projections; see 25 bps RBI rate hike on inflation fears
    ADB raises India's GDP growth forecast to 7pc on stronger-than-expected Q1 growth
    Hughes Precision Raises ₹250+ Crore to Accelerate Ammunition Manufacturing Expansion
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September 24, 2026
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Merger-control approval permits FIHM's phased acquisition of IIFL Capital Services equity through subscription, open offer and promoter purchase.
Merger-control approval permits FIHM to acquire certain additional equity share capital of IIFL Capital Services through a preferential issue on a private-placement basis and through shares tendered in a mandatory open offer. FIHM may also buy shares from the target's promoters if its aggregate shareholding with HWIC remains below the Target Shareholding after these steps.
September 24, 2026
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Full ownership acquisition in beauty and personal care receives competition approval for skin care and hair care operations.
Competition approval covers L'Ore al India Private Limited's acquisition of the entire shareholding in Onesto Labs Private Limited. The proposed combination concerns India's beauty and personal care sector and places the Target under the Acquirer's full ownership. Both entities operate in beauty and personal care products, including skin care and hair care.
September 23, 2026
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Advance disbursement of central government pay addresses anticipated banking disruption, with subsequent adjustment against the following month's entitlements.
Advance disbursement of September 2026 salary, wages and pensions is authorised on 25 September for central government employees, industrial employees and pensioners because of the proposed bank strike. Payments constitute advance payments and must be adjusted after full monthly entitlements are determined, with any adjustment made from October salary or wages. End-of-month banking transactions should, where feasible, be processed in advance.
September 23, 2026
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Commercial vehicle after-sales support expands authorised repairs, genuine spares, roadside assistance, and uptime for remote high-altitude fleet operations.
Commercial vehicle after-sales support is expanded through a BharatBenz 3S facility operated by PPS Trucking for remote high-altitude fleet operations. The facility provides sales, authorised service, genuine spare parts, diagnostic systems, repair tools and round-the-clock roadside assistance. Trained technicians, service bays and regional spare-parts inventory are intended to reduce repair turnaround times and vehicle downtime. The support network serves commercial vehicles engaged in stone-crushing, road construction, communication-infrastructure transport and other heavy-duty operations in difficult terrain.
September 23, 2026
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Redeem-code eligibility limits govern BGMI's final Golden Miramar Pan reward drop through the official redemption portal.
BGMI's final redeem-code series offers limited-time Golden Miramar - Pan rewards through general redeem codes valid only until September 25 on the official redemption website. Redemption requires a Character ID, valid code, Captcha verification, and submission through the redeem centre. Each code is limited to 10 users on a first-come, first-served basis; users may redeem one code daily, and each code is usable once per account. Guest accounts are excluded, and in-game mail rewards must be claimed within 30 days.
September 23, 2026
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Aadhaar-based biometric attendance requires employee registration, integrates leave records, and triggers automated pay deductions for unauthorised absences.
Aadhaar Enabled Biometric Attendance System (AEBAS) is mandatory for regular and temporary government employees and integrates attendance and leave data with PRANALI. Monthly reports are verified to identify authorised leave and net absence. Remaining unauthorised absence may result in digitally issued extraordinary-leave or leave-without-pay orders, personnel-record updates, and automated salary deductions. Temporary employees' failure to record attendance is treated as leave without pay.
September 23, 2026
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Initial public offering by Swastika Infra combines a fresh issue and offer for sale, subject to approvals.
Swastika Infra Limited proposes an initial public offering comprising a fresh issue of equity shares and an offer for sale, with proposed listings on BSE Limited and National Stock Exchange of India Limited. The allocation framework covers qualified institutional buyers, anchor investors, non-institutional investors and retail individual investors. Net fresh-issue proceeds are intended for incremental working-capital requirements and general corporate purposes. Completion remains subject to statutory and regulatory requirements, approvals, market conditions and other considerations.
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.

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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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