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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
    DRI busts pan-India gold smuggling network and seizes around 6.6 kg of foreign-origin gold worth more than Rs. 10 crore; 11, including a mastermind, a...
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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
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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
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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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DS Group Achieves Landmark Revenue of INR 10,000 Crore, F&B the Largest Contributor

May 29, 2025

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New Delhi, Delhi, India (NewsVoir) • Food & Beverage (F&B) segment is the largest contributor at 42%.

• Targets Rs. 20,000 crore revenue in the next 4-5 years The Dharampal Satyapal Group (DS Group), a leading FMCG conglomerateand multi-business corporation, has achieved a significant milestone by surpassing Rs. 10,000 crore in revenue for FY 2024-25 making it into the list of top 15 FMCG companies in India. This milestone is primarily driven by its F&B segment, which contributes 42% to total revenue, followed by Mouth Freshener segment at 38%, Hospitality at 3%, and the other businesses together contribute to the rest with tobacco being less than 10%. The Group has witnessed consistent upward trajectory with a CAGR of 16% in the last 3 years through organic growth, reinforcing its market leadership and commitment to expansion. The food and beverage (F&B) segment has demonstrated a CAGR of 19 percent over the last three years.

The DS Group's sustained market leadership is a testament to its unwavering commitment to meeting a delightful experience for consumers. This commitment is built upon a foundation of deep expertise in flavours and fragrances, a keen understanding of evolving consumer preferences, and a robust distribution network. Together, all businesses account for more than 150 super stockists, over 5000 distributors reaching out to over 15 lakh retail shops directly and over 35 lakh indirectly, pan India. With the changing consumer buying behaviour, DS Group has thoroughly studied and capitalized on the evolving trends in modern trade, e-commerce including quick commerce to its advantage. Continuing to focus on artificial intelligence, automation and other future-focused technologies has enabled the organization to maintain its relevance within the industry while simultaneously driving value for consumers.

Speaking on the occasion, Mr. Rajiv Kumar, Vice Chairman, DS Group, stated, “Surpassing the Rs. 10,000 crore revenue milestone is more than just a financial achievement; it signifies our integral role as a significant contributor to India's evolving growth story. The DS Group has been a vital contributor to the FMCG sector's expansion, driven by our diverse portfolio, dedicated focus on quality and innovation and one of the largest distribution networks in the FMCG segment in the country. Food and Beverage segment has been on an accelerated growth in the last three years and this milestone reflects the trust placed on us by Indian consumers, whose evolving needs have constantly pushed us to remain agile and relevant. The dedication of our employees and partners is the foundation of our journey and looking ahead, we aspire to achieve the Rs. 20,000 crore milestone by our centenary year with a commitment to further fuelling India's FMCG sector. Our robust pipeline of innovative products will continue to generate excitement and drive growth embodying the ‘Create What is Worth Creating’ spirit. We will continue to further expand our distribution network, ensuring our products reach every corner of the nation as well as global markets, thereby strengthening the Indian FMCG sector's overall reach and impact.

I also firmly believe that philanthropy and CSR, when integrated into core business operations, drives triple-bottom-line success: people, profit, planet. In alignment with our dedication to sustainable growth, the DS Group is actively pursuing ambitious green initiatives. These include advancing carbon and water neutrality goals, implementing green manufacturing practices, and strengthening our Environmental, Social, and Governance (ESG) framework, thereby reinforcing our commitment to responsible and ethical business practices," he added. Today DS Group is a leading name in the Indian food and beverage industry. It has consistently demonstrated a commitment to innovation, establishing itself as a pioneer across multiple product categories. The Catch brand offers a comprehensive range of table-top and culinary ingredients, including a variety of salts and sprinklers, spices, cooking pastes, and gravies. It introduced India's first free-flowing salt and pepper in sprinklers in 1987. Catch further solidified its position as an industry leader in the spice segment by pioneering low-temperature grinding technology in India and later the advanced cryogenic grinding technology, a process designed to preserve the essential oils, aromas, and flavors of spices. The Group's beverage division, under Catch, provides a diverse selection of products, including water, flavored water, carbonated drinks and juices. DS Group's history of pioneering innovations includes being the first to bottle natural spring water at 5000 feet above sea level from the Himalayas in 1999. Beyond these technological advancements, Catch also holds global recognition for its patented technology used in the production of 100% vegetarian pure gold and silver foils (warq). Using advanced technology and mechanized processes, DS Group ensures that the gold and silver leaves are completely free from animal interface and comply with FSSAI guidelines.

In the confectionery sector, DS Group has established itself as the second-largest player in the Indian non-chocolate confectionery market, driven by a series of innovative product launches. Pass Pass, introduced in 1999, holds the distinction of being the first organized Indian ethnic confectionery brand in India. Coupled with Silver Pearls, DS Group is the largest player in the Indian Ethnic confectionery market. The rapid success of Pulse, a market leader in the hard-boiled candy segment since the last 9 years, highlights the Group's ability to create highly successful consumer products. The recent launch of Pulse Golmol, a tangy, tamarind flavoured soft chew, demonstrates DS Group's continued focus on innovation and its ability to connect with consumers through nostalgic flavors. The Group's confectionery portfolio also includes well-known brands such as Chingles, Fru, and Luvit.

DS Group's presence extends to the dairy segment, where it operates the Ksheer brand, offering a range of fresh and ambient products. In addition, Ovino, a premium D2C brand, specializes in high-quality, single-origin milk sourced directly from the Group's farms. In the premium Mouth Fresheners’ category, Rajnigandha is an undisputed leader in the premium mouth fresheners market. The Group's overall strategy is rooted in a deep understanding of Indian consumer preferences, leveraging cultural marketing, and utilizing its expertise in flavors and fragrances to create market-leading brands.

The DS Group has been in the hospitality business since 2000. Presently, its hospitality portfolio encompasses six distinguished properties which include The Namah Nainital in Nainital and Namah in Jim Corbett National Park, which are both members of Radisson Individuals. With a strategic focus on key Indian markets, the projected investment in the hospitality division for the next few years is approximately INR 1000 crores, with a goal of establishing 10-12 hotels within the next three years. The other business also include Agriculture, Luxury Retail which includes food and fashion, and other investments.

The Group aspires to be not just a market leader but also a great workplace, committed to sustainability, water neutrality, and environmental consciousness. About DS Group The DS Group (Dharampal Satyapal Group) is a one of the leading FMCG conglomerates and a Multi-Business Corporation with a strong Indian and International presence. Founded in the year 1929, it is an inspiring and successful business story that blends a remarkable history and legacy with visionary growth. It has an extensive and diverse portfolio with presence in Food and Beverage, Confectionery, Mouth Freshener, Hospitality, Agri, Luxury Retail businesses, and other investments. Catch, Pulse, Pass Pass, Silver Pearls, Ksheer, Rajnigandha, Ovino, L’Opera, Le Marche, Society Of Salad, Birthright, LuvIt, Chingles, Golmol, Namah are some of the leading brands, the Group proudly shelters today.

As a corporate, DS Group is guided by a clear set of values that are built on a strong foundation of collective good to give back to society and protect the planet. The DS Headquarters has been awarded Leadership in Energy and Environmental Design (LEED) Platinum certification, under the USGBC (US Green Building Council) existing building O&M (Operation and Maintenance) program version 4.0. The DS Headquarters has also received LEED Zero Carbon Certification, by the USGBC.

(Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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