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    CCI approves acquisition of certain equity shareholding in Continuum Green Energy Ltd by Chubu Electric Power Company Netherlands B.V.
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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.
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.

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Macron warns US, Indo-Pacific not to abandon Ukraine as it gears for potential China conflict

May 30, 2025

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Singapore, May 30 (AP) French President Emmanuel Macron warned the US and a large audience of Indo-Pacific nations Friday night that they risk a dangerous double standard as they concentrate on a potential conflict with China if that shift comes at the cost of abandoning Ukraine.

Macron's remarks come as the US is considering withdrawing troops from Europe to shift them to the Indo-Pacific. He warned that abandoning Ukraine would eventually erode US credibility in deterring any potential conflict with China over Taiwan.

In a speech that emphasized France's tight ties to the Indo-Pacific, Macron said that any shifts to developing a more hard-line deterrent stance in the region is still tied to how the world — and particularly the West — treats other critical issues, including climate change and Israel's ongoing military operations in Gaza.

The speech was notable in that Macron delivered it with US President Donald Trump's Defence Secretary Pete Hegseth in the audience and as not only France, but countries around the globe are dealing with Trump's fluctuating tariff threats. Both Europe and those same Indo-Pacific nations also find themselves increasingly pulled between the competing interests of Trump and Chinese President Xi Jinping.

“We want to cooperate. But we don't want to be instructed on a daily basis what is allowed, what is not allowed and how our life will change because of the decision of a single person,” Macron said, in an apparent jab at Trump that could have also been just as easily pointed at Xi.

Macron and Hegseth are among the world leaders, diplomats and top defence officials in Singapore this weekend for a security forum that will focus on China's growing assertiveness, the global impact of Russia's war on Ukraine and the flare-up of conflicts in Asia.

It's Hegseth's first time at the Shangri-La Dialogue, hosted by the International Institute for Security Studies, which is taking place against the backdrop of heightened rhetoric between Beijing and Washington.

The Trump administration has threatened China with triple-digit tariffs, and there's some uncertainty in the region over how committed the US is to the defence of Taiwan, which also faces possible 32 per cent American tariffs.

China claims the self-governing democracy as its own, and Chinese President Xi Jinping has not ruled out taking it by force. China sends military aircraft, ships and spy balloons near Taiwan as part of a campaign of daily harassment, and currently has an aircraft carrier in the waters southeast of the island.

China, which usually sends its defence minister to the Shangri-La forum, sent a much lower level delegation instead, led by Maj Gen Hu Gangfeng, the vice president of the People's Liberation Army National Defence University.

The delegation was expected to speak Saturday on a panel on “cooperative maritime security” alongside representatives from Japan, Vietnam, Chile and the UK — notable in that China's aggressive global fisheries tactics have been a regular topic of concern not only in the Indo-Pacific but as far away as Latin America and the Arctic.

Defence officials travelling with Hegseth, who spoke on the condition of anonymity because they were not authorised to speak to the media, called the absence of a higher-level Chinese delegation an opportunity for the US to make inroads.

“We can't account for whether China engages or not. All we know is that we're here. And we will be here,” Hegseth said as he met with Philippine Defence Secretary Gilbert Teodoro.

Allies are worried about US commitment to their defence Hegseth's trip to Singapore is his second to the region since becoming defence secretary, following a March visit to the Philippines, which has seen escalating confrontations with China over competing territorial claims in the South China Sea.

That trip, which also included a stop in Japan, brought a degree of relief over growing concerns from the Philippines and others in the region about US support from a president who has taken more of a transactional approach to diplomacy and seems wary of foreign engagements.

The US has been pursuing a “free and open Indo-Pacific” policy, which includes regularly sailing warships through the Taiwan Strait and in the South China Sea, which is claimed almost in its entirety by China.

The European Union has adopted a more economics-driven approach, but several European nations have also regularly taken part in the freedom of navigation exercises, including France, which sent a carrier strike group on a five-month mission through the Indo-Pacific that concluded in April.

France steps up its presence in Indo-Pacific In its published Indo-Pacific strategy, France has underscored the need to “preserve a rules-based international order” in the face of “China's increasing power and territorial claims” and its global competition with the United States.

France's own ties to the Indo-Pacific are strong, with more than 1.6 million of its citizens living in the region in French overseas territories.

Following a meeting Friday with Singapore's Prime Minister Lawrence Wong, Macron told reporters there was room in the region for more than just the two superpowers.

“We are neither China nor the US, we don't want to depend on any of them," he said. “We want to cooperate with both as far as we can, and we can cooperate for growth and prosperity and stability for our people and the world order, and I think this is exactly the same view of a lot of countries and a lot of people of this region.” Wong underscored Macron's point, saying that Singapore and the greater region were not looking for exclusive arrangements with any single power.

“We want to embrace comprehensive engagement with all parties and embrace win-win arrangements rather than zero-sum competition,” he said.

In his speech later, Macron is expected also to stress that the war in Ukraine is having a worldwide impact and that Russia seeks to destabilize Asia, the French president's office said.

While democracies from the region, including Australia, South Korea and Japan, have been aiding Ukraine, China has been growingly supportive of Russia and North Korea has sent troops to fight for Moscow.

The conference comes as civil war continues to rage in Myanmar, creating a massive humanitarian crisis that has only been compounded by the effects of a devastating earthquake that hit in March.

It also follows the outbreak of violence this week on the Thai-Cambodian border, in which a Cambodian soldier was killed in a brief exchange of fire between the two sides.

Thailand and Cambodia have a long history of land disputes, though Thailand said after the short skirmish that the situation had been resolved.

Of greater concern, nuclear-armed neighbours India and Pakistan came to the brink of war earlier this month in their most serious military confrontation in decades. (AP) NPK NPK

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