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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.
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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.
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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.
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September 22, 2026
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Money-laundering searches prompt allegations of pressure on an urban development body and disruption of welfare delivery programmes.
Survey and search operations under the Prevention of Money Laundering Act covered 26 premises, including the Greater Mohali Area Development Authority office and the Principal Secretary for Housing and Urban Development. AAP alleged that the action was intended to create fear and pressure among government officers and impede welfare and development initiatives. It described GMADA as a revenue-generating authority whose resources support public welfare, urban infrastructure and planned development.
September 22, 2026
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Public recruitment money laundering allegations include payments, examination-paper access, and recruitment-rule changes allegedly facilitating selected candidates.
Money-laundering proceedings concerning alleged irregularities in public-service recruitment examinations include a prosecution complaint against the former CGPSC chairman and others. Allegations concern payments to facilitate selections, access to examination papers for candidates, and collection of consideration. A former examination official is alleged to have aided a recruitment-rule amendment removing "nephew" from the definition of family, allegedly facilitating selection of relatives. The investigation is linked to an economic-offences FIR, a CBI complaint and related chargesheets.
September 22, 2026
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Five-day banking demand drives a proposed nationwide bank strike after conciliation remains inconclusive during half-yearly closing.
Proposed nationwide three-day bank strike from 28-30 September 2026 follows an inconclusive conciliation meeting. The strike is linked principally to the demand for five-day banking, with reconsideration contingent on concrete and positive progress toward its implementation. Other demands cover pension upgradation, a uniform dearness allowance formula for pensioners, and an option for National Pension System-covered employees to switch to the old pension scheme.
September 22, 2026
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PMLA maintainability turns on whether a private complaint can initiate money-laundering proceedings without a predicate-offence FIR.
Maintainability of PMLA proceedings is contested where the alleged scheduled offence originates in a private complaint rather than an FIR. Respondents contend that a private complaint cannot form the basis for an Enforcement Case Information Report, money-laundering investigation, or prosecution, because the statutory framework recognises predicate-offence action through an FIR or a complaint by a person authorised to investigate.
September 22, 2026
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Related-party transaction disclosure and audit-report compliance proceedings conclude through settlement without admissions by five companies.
Securities-market settlement proceedings concerning five Adani group companies addressed alleged non-compliance with listing-related disclosure and audit-report requirements. Allegations included failure to disclose certain related-party transactions and audit or limited-review reports signed by firms lacking a valid peer review certificate. While adjudication remained pending, the companies proposed settlement without admitting or denying the findings of fact or conclusions of law.
September 22, 2026
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Social media publication of court-related affidavits in pending money-laundering proceedings must not displace submissions through judicial process.
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September 22, 2026
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Related-party transaction disclosure and auditor peer-review compliance failures were resolved through settlement without admissions by listed companies.
SEBI settled adjudication proceedings against five listed companies concerning alleged related-party transaction disclosure failures, corporate-governance compliance, and audit or limited-review reports signed without valid peer review certification. The companies sought settlement without admitting or denying the findings of fact or conclusions of law after a show-cause notice proposed inquiry and penalties. The settlement terms were recommended by the High Powered Advisory Committee, accepted by the Panel of Whole Time Members, and implemented upon receipt of the prescribed settlement amounts.
September 22, 2026
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Luxury wedding venture Aria Weddings integrates planning, production and storytelling to deliver bespoke celebrations across selected destinations.
Aria Weddings is launched by Bizspoke Pvt. Ltd. and Sol Production LLP as a luxury weddings and celebrations venture offering end-to-end planning, design and execution for personalised, experience-led celebrations across India and select international destinations. Its services cover concept development, experience and de cor design, entertainment, production, on-ground execution, photography, films and other visual content.
September 22, 2026
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Related-party transaction disclosure compliance resolves adjudication proceedings concerning alleged listing and audit peer-review certification violations.
SEBI settled adjudication proceedings involving five Adani group companies concerning alleged non-disclosure of certain related-party transactions under listing regulations and the erstwhile listing agreement. The settlement also covered audit or limited-review reports signed by audit firms without valid peer-review certificates, with the entities collectively paying Rs 1.50 crore under the settlement terms.
September 22, 2026
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Money-laundering enforcement includes searches of public-development and housing-administration offices as part of a PMLA investigation.
Enforcement Directorate searches at the Greater Mohali Area Development Authority and the office of Punjab's Principal Secretary for Housing and Urban Development form part of a PMLA investigation. The enforcement action is directed at institutional and official premises connected with public development and housing administration in Punjab, involving a development authority and a senior housing-administration office.
September 22, 2026
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Missing-person FIR registration requires immediate action, while police must account for unidentified-body cremation and missing CCTNS records.
Missing-person investigations require immediate FIR registration upon receipt of information, without a preliminary inquiry, with relevant kidnapping and trafficking provisions incorporated. A missing child must ordinarily be presumed kidnapped or abducted from the outset. Police accountability has been sought over cremation of an unidentified body linked to a missing person, delayed family intimation, and missing recovery details on the CCTNS portal. Recovered persons should undergo Aadhaar verification or enrolment to support identification.

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Zero-tolerance for terrorism, India will never give in to nuclear blackmail: Jaishankar in Germany

May 23, 2025

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Berlin, May 23 (PTI) External Affairs Minister S Jaishankar here on Friday said India has zero-tolerance for terrorism and New Delhi will “never give in to nuclear blackmail,” referring to the cross-border links to the Pahalgam massacre.

In his remarks at a joint press conference with his German counterpart Johann Wadephul after holding talks with him, the external affairs minister also said, “India will deal with Pakistan purely bilaterally” and there should be “no confusion in any quarter” in that regard.

The Union minister is currently in Germany as part of his three-nation Europe visit.

“I came to Berlin in the immediate aftermath of India responding to the Pahalgam terror attack. Let me share with you what I conveyed to Mr Wadephul in that context. India has zero-tolerance for terrorism. India will never give in to nuclear blackmail,” he said.

“And, India will deal with Pakistan purely bilaterally. There should be no confusion in any quarter in that regard,” Jaishankar said.

Wadephul delivered his remarks in German.

Following the talks with the External Affairs Minister, the German foreign minister publicly condemned the terrorist attack on India, and supported India's right to defend itself against terrorism, sources said.

Wadephul also advocated a bilateral solution between India and Pakistan, they said.

Jaishankar, in his remarks at the press conference, also said India values “Germany's understanding” that “every nation has a right to defend itself against terrorism”.

After the April 22 Pahalgam terror attack that killed 26 people, India decimated nine terror camps in Pakistan-occupied-Kashmir and Pakistan under Operation Sindoor with precision strikes early on May 7. Soon after, Pakistan attempted to attack the Indian military bases on May 8, 9 and 10.

The two sides reached an understanding on cessation of hostilities on May 10 after four days of confrontations.

India has launched a diplomatic outreach as Prime Minister Narendra Modi has declared a “new normal”, when New Delhi will consider any act of cross border terrorism as an act of war against India.

The two foreign ministers also emphasised on 25 years of the Strategic Partnership between India and Germany.

Wadephul said the relations are more diverse and Germany wants to “deepen our ties” while Jaishankar said that in recent years, “our cooperation acquired many more facets, gained much stronger momentum”.

The external affairs minister also recalled his meeting with Chancellor Friedrich Merz on Friday, saying he noted his strong commitment to elevating and expanding the strategic partnership.

The two foreign ministers discussed a broad range of bilateral matters during their talks.

“Our talks addressed different dimensions of our bilateral cooperation, they ranged from trade to technology and investment, to defence, security, energy, sustainability, mobility of talent and societal exchanges,” Jaishankar said.

Apart from that they exchanged views on a “wide range of issues, from our immediate neighbourhood to global concerns and challenges, and I want to underline here that Germany for us is a really important partner”, he said, adding, “we cooperate in forums like the G4.. to the G20”.

Jaishankar said it is known that the world order is under “considerable churn, the political uncertainty is as evident as economic volatility”, and there are challenges posed by technologies, especially AI.

“Germany for India is our largest economic partner in the European Union, in recent years, our cooperation has acquired many more facets and gained much stronger momentum,” he said.

The EAM said, India deeply values Germany's crucial and invaluable role in “shaping our larger relationship” with the EU.

Observing that Germany has been one of the most consistent and powerful supporters of “rapidly doing a free trade agreement,” Jaishankar said, he is confident that if the two countries can meet the goal of FTA this year, there will be many more doors that will be opened to businesses on both sides.

Prime Minister Narendra Modi and European Commission president Ursula von der Leyen in February had issued directions to conclude the ambitious free trade agreement by the end of this year as the two leaders vowed to expand the India-EU strategic partnership in areas of defence, security and critical technology.

German Ambassador Philipp Ackermann in New Delhi on April 2 had said that “time is high, time is good” to develop the EU-India free trade agreement. PTI KND NPK NPK

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