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    Gross and Net GST revenue collections for the month of September, 2026
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October 1, 2026
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GST revenue accounting distinguishes gross collections, refunds, net domestic and customs revenue, and SGST-IGST settlement reporting.
Gross GST revenue for September 2026 distinguishes domestic collections and IGST on imports; after domestic and ICEGATE refund adjustments, net revenue is calculated separately for domestic and customs GST. Cumulative collections through September similarly distinguish gross receipts, refunds and net revenue. SGST reporting compares pre-settlement receipts with post-settlement amounts that include the SGST portion of IGST settled to States and Union Territories. State and Union Territory revenue comparisons exclude GST on imported goods, while April-September domestic collections are split between Central and State formations.
October 1, 2026
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Annual Survey of Industries results record broad manufacturing growth and define survey coverage, enumeration, digital data collection, and reliability limits.
ASI 2024-25 records broad-based growth in registered manufacturing, including establishments, output, Gross Value Added, employment, emoluments, fixed capital, invested capital, net income and net profit. The survey covers specified registered factories, bidi and cigar establishments, certain electricity undertakings, and qualifying large units in State-maintained business registers. Data are collected electronically under the statutory framework for collection of statistics using an establishment-based approach, with quality checks and caution required because the estimates arise from a sample survey.
October 1, 2026
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Economic resilience policy dialogue examines financial stability, digital governance, trade fragmentation, and investment priorities amid global uncertainty.
The fifth Kautilya Economic Conclave will examine economic resilience amid global shocks through discussions on macroeconomic stability, monetary policy, financial stability, investment, fiscal federalism and capital-market development. Its agenda also covers digital economy governance, artificial intelligence, trade fragmentation, strategic autonomy, climate resilience, food systems, demographic change and global health security. Plenaries, parallel sessions and closed-door roundtables will consider policy responses and mobilisation of domestic and foreign capital for long-term investment.
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.

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Trump has long warned of government 'deep state.' Now in power, he's under pressure to expose it

May 30, 2025

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New York, May 30 (AP) As he crisscrossed the country in 2024, Donald Trump pledged to supporters that voting him back into the presidency would be “our final battle.” “With you at my side, we will demolish the deep state,” he said repeatedly on the campaign trail. “We will liberate our country from these tyrants and villains once and for all.” Four months into his second term, Trump has continued to stoke dark theories involving his predecessors and other powerful politicians and attorneys — most recently raising the spectre of nefarious intent behind former President Joe Biden's use of an autopen to sign papers. The administration has pledged to reopen investigations and has taken steps to declassify certain documents, including releasing more than 63,000 pages of records related to the assassination of President John F. Kennedy. Yet many of Trump's supporters say it's not enough.

Some who take him at his word are beginning to get restless as they ask why his administration, which holds the keys to chasing down these alleged government secrets, is denying them the evidence and retribution they expected.

His Justice Department has not yet arrested hordes of “deep state” actors as some of his supporters had hoped it would, even as the president has been posting cryptic videos and memes about Democratic politicians.

“People are tired of not knowing,” conservative commentator Damani Felder said on podcaster Tim Pool's show last week. “We actually demand answers and real transparency. It's not that hard to deliver.” A promise to reveal and dismantle the 'deep state' Trump has long promised to dismantle the “deep state” — a supposed secret network of powerful people manipulating government decisions behind the scenes — to build his base of support, said Yotam Ophir, a communications professor at the University at Buffalo.

“He built part of this universe, which at the end of the day is a fictional universe,” he said.

Now that Trump is in power and has stocked loyalists throughout his administration, his supporters expect all to be revealed. Delivering on that is difficult when many of the conspiracies he alleged aren't real, said Joseph Uscinski, a political scientist who studies conspiracy theories at the University of Miami.

To be sure, the president has prioritised retribution in his second administration. He has fired federal workers, installed loyalists in key positions and targeted law firms he disfavours in executive orders. He has ordered the revocation of government security clearances for political rivals and former employees who dissented during his first term.

His Justice Department has fired prosecutors who investigated him and scrutinised career FBI agents who investigated the January 6, 2021, attack on the US Capitol.

Even so, Trump's administration hasn't gone as far as many of his supporters would like. They want to see steps taken against people he has long claimed were involved in sinister plots against him, such as former Secretary of State Hillary Rodham Clinton and former FBI Director James Comey. The administration also hasn't offered proof of the “ egregious crimes ” that Trump claims have corrupted the federal government for years.

Conspiracy theorists focus on Epstein and Trump's assassination attempt Tensions erupted this month when FBI Director Kash Patel and his deputy, Dan Bongino, dismissed two of the unsubstantiated conspiracy theories that have animated Trump's base the most — that financier and sexual abuser Jeffrey Epstein was murdered in a cover-up, and that Trump's attempted assassination in Butler, Pennsylvania, was a government plot.

“You know a suicide when you see one, and that's what that was,” Patel said about Epstein's death in a Fox News interview.

“I have seen the whole file,” Bongino added. “He killed himself.” Conservatives online demanded to see the evidence, pointing to Bongino's past statements as a podcast host, when he suggested the government was hiding information about Epstein.

“No matter who gets elected, you get the same foreign policy, you get the same economic policy, and the Epstein videos remain secret,” right-wing podcaster and former Fox News host Tucker Carlson said on his show.

“They told us for months leading up to the Election that it wasn't suicide," Newsmax host Todd Starnes wrote on X.. “But now they tell us it was suicide.” He added: “Pardon me, but what the heck is going on at DOJ?” Attorney General Pam Bondi said this month that FBI officials were poring through “tens of thousands” of videos related to Epstein and would make more materials public once they took steps to protect the victims.

In the same Fox News interview, Bongino and Patel said they had been briefed on the attempted assassination of Trump during a rally in July and there was no explosive conspiracy to be revealed.

“In some of these cases, the there' you're looking for is not there,” Bongino said.

Scepticism among 'deep state' believers Bongino appeared to try to throw a bone to Trump's base this week when he announced the agency would reopen some prominent cases that have attracted public interest.

He said the FBI would investigate the planting of pipe bombs found near the Democratic and Republican National Committee headquarters in Washington the day of the January 6, 2021, attack, the leak of the Supreme Court's Dobbs v. Jackson draft opinion in 2022 that overturned the constitutional right to abortion and the discovery of cocaine in the White House in 2023.

But it wasn't enough for everyone who weighed in on his X account.

“Anything to detract from the Epstein files,” one user replied to his announcement. “No results,” wrote another.

In an interview Thursday on “Fox & Friends,” Bongino teased that the FBI would soon release video captured outside Epstein's jail cell and materials related to Trump's attempted assassination.

He said he understands the public's demands for transparency but called for patience and noted not all information is the FBI's to declassify. That didn't satisfy everyone who wants answers to the conspiracy theories.

“I am convinced that the deep state can only be defeated by God at this point,” Philip Anderson, a right-wing influencer who participated in the riot at the Capitol, wrote Thursday on X. “Kash Patel, Dan Bongino, and Pam Bondi are completely useless.” Promoting conspiracy theories as a tactic to distract All the while, Trump has continued promoting conspiracy theories on his Truth Social platform and elsewhere.

He shared a video this month about mysterious deaths allegedly being linked to the Clinton family and an image of himself with former President Barack Obama with the text, “ALL ROADS LEAD TO OBAMA, RETRUTH IF YOU WANT MILITARY TRIBUNALS.” Ophir, the University at Buffalo professor, said it's a tactic that distracts Trump's base and helps inoculate him from criticism.

“When something good happens, it's because Trump is great and his agenda is brilliant,” Ophir said. “When something bad happens, it's because of the Obamas or the Clintons or whatever forces are undermining him from within Washington.” Trump this week fueled newer theories, without sharing evidence, that Biden's use of a mechanical device called an autopen during his presidency meant he didn't sign his executive orders willingly or that aides profited from controlling it. He has called for people who operated it to be charged with “TREASON.” The narrative has gained momentum on the right because of allegations that Biden's aides covered up his mental and physical decline. Presidents have used autopens for years to sign certain documents.

“Whoever used it was usurping the power of the Presidency, and it should be very easy to find out who that person (or persons) is,” Trump wrote on Truth Social.

At least one user of his platform was unimpressed and questioned why Trump and his allies, holding all the power, still didn't have any answers.

“IF IT'S EASY,” the commenter posted. “WHY HASN'T YOUR ADMINISTRATION FOUND THESE CRIMINAL'S ALREADY.” (AP) GSP

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