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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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We both agree 'this is not an era of war': PM Modi after talks with Cyprus Prez

June 16, 2025

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Nicosia, Jun 16 (PTI) Prime Minister Narendra Modi on Monday said he and Cyprus President Nikos Christodoulides "expressed concern" over the ongoing conflicts in West Asia and Europe, and they both agree that "this is not an era of war".

Modi made the remarks after wide-ranging talks with Christodoulides, covering the full range of bilateral relations. They talked about cooperation in areas like defence, security, trade, technology, healthcare, renewable energy and climate justice. They also discussed regional and global issues, including the conflicts in West Asia and Europe.

During his visit, Modi and Christodoulides also viewed from atop a building the mountains near Nicosia, which are under Turkish control, signalling a message to Turkiye, which had openly supported Pakistan during the recent conflict with India.

His visit to Cyprus assumes significance in the wake of the island nation's strained ties with Turkiye.

This is his first foreign visit after India carried out Operation Sindoor in May during which it destroyed terror infrastructure in Pakistan and Pakistan-Occupied Kashmir in retaliation to the Pahalgam attack.

"We are thankful for Cyprus' support to India's fight against cross-border terrorism," Modi, the first Indian prime minister to visit Cyprus in over two decades, said while addressing a joint press conference with Christodoulides after their talks.

A joint statement issued after their talks said Cyprus and India "unequivocally condemned terrorism and violent extremism in all its forms and manifestations, including international and cross-border terrorism, and reaffirmed their shared commitment to countering hybrid threats that undermine peace and stability".

They reiterated their "zero-tolerance approach" to terrorism, rejecting any justification for such acts, under any circumstances, as they emphasised that those responsible for the attacks should be held "accountable".

"We both expressed concern over the conflicts going on in West Asia and Europe. Their negative impact is not just limited to those regions. We both consider that this is not an era of war. Resolution through dialogue and restoration of stability is the call of humanity," Modi said, without naming any country.

Christodoulides said, "We have a historic friendship, and there is trust in ties".

He recalled the horrific Pahalgam terror attack of April 22 and asserted that Cyprus stands in "full solidarity" with India.

Cyprus "stands with India in its fight against terrorism" in all forms and manifestations, he said.

In his remarks, Christodoulides also referred to the June 12 Air India plane crash in Ahmedabad and said the people of Cyprus are with India in this time of grief.

Christodoulides also said the two sides also discussed the Cyprus issue and added that Cyprus wants to end the "illegal occupation" by Turkiye, referring to the disputed northern region.

"We extend the gratitude of the Republic of Cyprus to India and its people for their support. The support for the territorial integrity of Cyprus, our reunification," he said, and cited India's contribution to the UN Peacekeeping Force in Cyprus.

Cyprus and India "expressed their strong commitment to the resumption of UN-facilitated efforts to achieve a comprehensive and lasting settlement of the Cyprus Question on the basis of a bizonal, bicommunal federation with political equality, in accordance with the agreed UN framework and the relevant UN Security Council Resolutions," said the joint statement.

"India reiterated its unwavering and consistent support for the independence, sovereignty, territorial integrity, and unity of the Republic of Cyprus. In this regard, both sides emphasized the need to avoid unilateral actions as essential for creating a conducive environment for the resumption of meaningful negotiations," it added.

The island nation located in the eastern Mediterranean Sea, and neighbouring Turkiye, share an uneasy past.

According to the website of the UN Peacekeeping Force in Cyprus, the Turkish government, invoking the Treaty of Guarantee of 1960, launched an extensive military operation on the north coast of Cyprus, which resulted eventually in the occupation of the main Turkish Cypriot enclave north of Nicosia's.

In 1974, India had taken a firm stand in support of the sovereignty, unity and territorial integrity of the Republic of Cyprus.

In his press statement, Modi said his visit was a "golden opportunity" to write a new chapter in India-Cyprus bilateral ties.

Modi said there are many similarities between Cyprus' Vision 2035 and the vision of Viksit Bharat 2047.

"That is why we will shape the future together. We will create a concrete roadmap for the next five years to give a strategic direction to our partnership. Dialogue will be started on cyber and maritime security," he said.

Spokesperson of the Ministry of External Affairs, Randhir Jaiswal, in a post on X wrote on the visit, "A renewed momentum to further deepen India-Cyprus ties." During the delegation-level talks, both leaders discussed ways to deepen cooperation in newer areas of defence industry, connectivity, innovation, tourism and mobility, alongside traditional areas of trade and investments, counter-terrorism and culture, he said.

They called for enhancing connectivity between the two countries which would strengthen the India-Middle East-Europe Economic Corridor (IMEEC) corridor. They noted that Cyprus is an important partner for India in the EU, Jaiswal wrote.

In his remarks, the Prime Minister asserted that mutual trust in democracy and the rule of law form a "strong foundation of our ties".

"Our ties are neither made by circumstances nor limited. We respect each other's sovereignty and territorial integrity," he said.

Modi said Cyprus is also a choice tourist destination for Indians, and efforts will be made for direct air connectivity between the two sides.

"We also discussed how to deepen cultural linkages. Yoga and Ayurveda are gaining popularity in Cyprus, which is gladdening to see. Tourism is another area where there is rich potential. We also deliberated on how to improve connectivity," he said.

IMEEC and India-EU ties also figured in their talks and the joint statement.

Both leaders underscored the significance of the IMEEC as a "transformative, multi-nodal initiative" that fosters peace, economic integration, and sustainable development, it said.

"We are both convinced about the transformative potential of the India-Middle East-Europe Economic Corridor. This corridor will boost peace and prosperity in the region," Modi said.

Cyprus will assume the presidency of the Council of the EU next year.

"I have assured the Prime Minister that when Cyprus will assume the presidency of the Council of the EU, we will accord priority to EU-India ties, and we will cooperate so that we can boost it. Also, EU-India free trade agreement we wish it gets concluded," Christodoulides said.

The President also invited Modi to the "unofficial meeting" of the Council of the EU, which he said will take place next year in Cyprus.

The Prime Minister also invited the Cyprus President to visit India.

"The leaders reaffirmed their commitment to multilateralism and reform of global governance institutions, including UN Security Council reform," the MEA said.

Prime Minister Modi thanked President Christodoulides for reiterating Cyprus’s support for India’s permanent membership of a reformed UNSC.

An MoU to establish an India Studies ICCR Chair at the University of Nicosia was also signed during the visit, the MEA said. PTI KND ZH ZH

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