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    DRI seizes 10,000 kg of firecrackers worth Rs. 3 crore at Nhava Sheva port
    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
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September 24, 2026
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Restricted firecracker imports concealed through misdeclaration trigger seizure and criminal investigation under customs enforcement law.
Concealment of restricted firecrackers within an import container declared as bottles and wallpaper resulted in customs seizure under the Customs Act, 1962. Firecracker imports are restricted under the Foreign Trade Policy and require valid Directorate General of Foreign Trade authorisation and a Petroleum and Explosives Safety Organisation licence under the Explosives Rules, 2008. Investigation into attempted clandestine clearance led to the arrest under the Customs Act of a key syndicate member alleged to have orchestrated the import.
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
Show AI Summary
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.

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Nationwide protests against immigration raids escalate, leading to arrests, curfews

June 13, 2025

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Austin, Jun 13 (AP) Protests over federal immigration enforcement raids are flaring up around the country as officials in cities from coast to coast get ready for major demonstrations against President Donald Trump over the weekend.

While many demonstrations against Immigration and Customs Enforcement have been peaceful, others led to clashes with police who sometimes used chemical irritants to disperse crowds. Hundreds have been arrested.

Trump has ordered the deployment of roughly 4,000 National Guard troops and 700 Marines to Los Angeles following protests over his stepped-up enforcement of immigration laws.

The 9th US Circuit Court of Appeals temporarily blocked a federal judge's order that had directed Trump to return control of National Guard troops to California, shortly after the judge had ruled the Guard deployment was illegal and both violated the Tenth Amendment and exceeded Trump's statutory authority.

The White House called the order “unprecedented” and said it “puts our brave federal officials in danger.” The federal government immediately filed an appeal with the Ninth Circuit court.

The court said it would hold a hearing on the matter June 17.

Volatile protests prompted officials to enforce curfews in Los Angeles and Spokane. Republican governors in Texas and Missouri mobilized National Guard troops to be ready to help law enforcement manage demonstrations in those states.

Activists are planning “No Kings” events across the country on Saturday to coincide with Trump's planned military parade in Washington, DC Those were already scheduled but will happen amid the week's rising tensions.

The Trump administration said immigration raids and deportations will continue.

A look at some recent protests and reactions across the country: Las Vegas Police said 94 people were arrested on “various criminal and traffic" charges, and four officers were injured in a Wednesday night protest. Some in the estimated crowd of about 800 threw bottles and rocks at officers, police said.

A crowd gathered near the city's federal courthouse and blocked several streets before police declared an unlawful assembly. Local media reported that tear gas, flash-bang grenades and rubber bullets were used to disperse the protesters.

Chicago Hundreds of demonstrators packed a park plaza near Lake Michigan on Thursday. Veronica Castro, an organizer with the Illinois Coalition for Immigrant and Refugee Rights, urged people to learn how to protect themselves and elected officials to speak out.

The group later marched along the city's iconic Michigan Avenue. They were flanked by their own security marshals and Chicago police officers on bicycles and in slow-moving patrol cars.

Seattle Hundreds of protesters marched through downtown Seattle Wednesday evening to a federal building where immigration cases are heard. Some of them set a dumpster on fire. The building was covered in graffiti, with “Abolish ICE Now” written in large letters across its front window.

Dozens of officers squared off with protesters near the building, some shooting pepper spray. Some protesters threw fireworks and rocks at officers, police said.

Spokane, Washington Mayor Lisa Brown imposed an overnight curfew in downtown Spokane after a protest Wednesday outside an ICE office that ended with more than 30 arrests and police firing pepper balls at the crowd.

Brown said the majority of protesters were peaceful.

“We respect their right to peacefully protest and to be upset about federal policies,” she said. “I have been that person who has protested federal policies and that is a right we have.” San Antonio Several hundred protesters marched through downtown San Antonio and near the historic Alamo mission. Although Texas National Guard troops were seen in the area, the demonstration was mostly peaceful.

The Alamo building and plaza, among the state's most popular tourist attractions, was closed to the public. Police guarded the property as the crowd marched nearby.

Tucson, Arizona A protest Wednesday outside an ICE office in Tucson, Arizona, turned into a clash between masked security officers and demonstrators who blocked a roadway, threw balloons filled with paint and spray painted anti-ICE graffiti on the gates and walls of the facility.

Video clips showed a security officer who was hit with a water bottle. Masked protesters held makeshift shields as they inched toward the security team, and a team member set off what appeared to be a flash-bang device.

Anchorage, Alaska A small group of demonstrators held their fourth straight day of protests Thursday outside the Anchorage Correctional Complex, where ICE has detained nearly 40 people. Using a bullhorn aimed at the front doors of the facility, demonstrator Courtney Moore declared, “ICE out of Anchorage, ICE out of Alaska.” Betsy Holley, a spokesperson with the Alaska Department of Corrections, said 39 people were in ICE custody of ICE at the Anchorage jail. The department said its facilities will be on lockdown through the weekend as a “proactive response to calls for grassroots protests across the state.” No Kings' This week's protests are leading into the scheduled “No Kings” demonstrations that organisers say are planned in nearly 2,000 locations around the country, according to the movement's website.

Organisers plan a flagship march and rally in Philadelphia, but no protests are scheduled to take place in Washington, DC, where the military parade will be held.

In Florida, state Attorney General James Uthmeier warned that any “No Kings” protesters who become violent will be dealt with harshly.

In a message sent Thursday, a Justice Department official told US attorneys across the country to prioritize cases against protesters who engage in violence and destruction. The email cites several potential federal charges, including assault, civil disorder and damage of government property.

Governors and the Guard Texas Gov Greg Abbott and Missouri Gov Mike Kehoe mobilized National Guard troops in their states ahead of the weekend demonstrations.

Abbott said more than 5,000 Guard troops and more than 2,000 state police would be ready to help local law enforcement if needed.

Several “No Kings” rallies are planned in Texas, and there were brief clashes between protesters and police in Austin and Dallas this week.

Kehoe called his decision a “precautionary measure” and did not provide specific troop levels or duties. (AP) RD RD

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