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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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10 years after Europe's migration crisis, fallout reverberates in Greece, beyond

June 20, 2025

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Lesbos (Greece), Jun 20 (AP) Fleeing Iran with her husband and toddler, Amena Namjoyan reached a rocky beach of this eastern Greek island along with hundreds of thousands of others.

For months, their arrival overwhelmed Lesbos. Boats fell apart, fishermen dove to save people from drowning, and local grandmothers bottle-fed newly arrived babies.

Namjoyan spent months in an overcrowded camp. She learned Greek. She struggled with illness and depression as her marriage collapsed. She tried to make a fresh start in Germany but eventually returned to Lesbos, the island that first embraced her.

Today, she works at a restaurant, preparing Iranian dishes that locals devour, even if they struggle to pronounce the names. Her second child tells her, "I'm Greek." “Greece is close to my culture, and I feel good here,” Namjoyan said. “I am proud of myself.” In 2015, more than 1 million migrants and refugees arrived in Europe — the majority by sea, landing in Lesbos, where the north shore is just 10 kilometres from Turkiye.

The influx of men, women and children fleeing war and poverty sparked a humanitarian crisis that shook the European Union to its core. A decade later, the fallout still reverberates on the island and beyond.

For many, Greece was a place of transit. They continued on to northern and western Europe. Many who applied for asylum were granted international protection; thousands became European citizens. Countless more were rejected, languishing for years in migrant camps or living in the streets.

Some returned to their home countries. Others were kicked out of the European Union.

For Namjoyan, Lesbos is a welcoming place — many islanders share a refugee ancestry, and it helps that she speaks their language. But migration policy in Greece, like much of Europe, has shifted toward deterrence in the decade since the crisis.

Far fewer people are arriving illegally. Officials and politicians have maintained that strong borders are needed. Critics say enforcement has gone too far and violates fundamental EU rights and values.

“Migration is now at the top of the political agenda, which it didn't use to be before 2015,” said Camille Le Coz Director of the Migration Policy Institute Europe, noting changing EU alliances. “We are seeing a shift toward the right of the political spectrum.” A humanitarian crisis turned into a political one In 2015, boat after boat crowded with refugees crashed onto the doorstep of Elpiniki Laoumi, who runs a fish tavern across from a Lesbos beach. She fed them, gave them water, made meals for aid organisations.

“You would look at them and think of them as your own children," said Laoumi, whose tavern walls today are decorated with thank-you notes.

From 2015 to 2016, the peak of the migration crisis, more than 1 million people entered Europe through Greece alone. The immediate humanitarian crisis — to feed, shelter and care for so many people at once — grew into a long-term political one.

Greece was reeling from a crippling economic crisis. The influx added to anger against established political parties, fuelling the rise of once-fringe populist forces.

EU nations fought over sharing responsibility for asylum seekers. The bloc's unity cracked as some member states flatly refused to take migrants. Anti-migration voices calling for closed borders became louder.

Today, illegal migration is down across Europe While illegal migration to Greece has fluctuated, numbers are nowhere near 2015-16 figures, according to the International Organisation for Migration. Smugglers adapted to heightened surveillance, shifting to more dangerous routes.

Overall, irregular EU border crossings decreased by nearly 40 per cent last year and continue to fall, according to EU border and coast guard agency Frontex.

That hasn't stopped politicians from focusing on — and sometimes fearmongering over — migration. This month, the Dutch government collapsed after a populist far-right lawmaker withdrew his party's ministers over migration policy.

In Greece, the new far-right migration minister has threatened rejected asylum seekers with jail time.

A few miles from where Namjoyan now lives, in a forest of pine and olive trees, is a new EU-funded migrant centre. It's one of the largest in Greece and can house up to 5,000 people.

Greek officials denied an Associated Press request to visit. Its opening is blocked, for now, by court challenges.

Some locals say the remote location seems deliberate — to keep migrants out of sight and out of mind.

“We don't believe such massive facilities are needed here. And the location is the worst possible – deep inside a forest,” said Panagiotis Christofas, mayor of Lesbos' capital, Mytilene. “We're against it, and I believe that's the prevailing sentiment in our community.” A focus on border security For most of Europe, migration efforts focus on border security and surveillance.

The European Commission this year greenlighted the creation of “return” hubs — a euphemism for deportation centres — for rejected asylum seekers. Italy has sent unwanted migrants to its centres in Albania, even as that faces legal challenges.

Governments have resumed building walls and boosting surveillance in ways unseen since the Cold War.

In 2015, Frontex was a small administrative office in Warsaw. Now, it's the EU's biggest agency, with 10,000 armed border guards, helicopters, drones and an annual budget of over 1 billion euros.

On other issues of migration — reception, asylum and integration, for example — EU nations are largely divided.

The legacy of Lesbos Last year, EU nations approved a migration and asylum pact laying out common rules for the bloc's 27 countries on screening, asylum, detention and deportation of people trying to enter without authorization, among other things.

“The Lesbos crisis of 2015 was, in a way, the birth certificate of the European migration and asylum policy,” Margaritis Schinas, a former European Commission vice president and a chief pact architect, told AP.

He said that after years of fruitless negotiations, he's proud of the landmark compromise.

“We didn't have a system,” Schinas said. “Europe's gates had been crashed." The deal, endorsed by the United Nations refugee agency, takes effect next year. Critics say it made concessions to hardliners. Human rights organisations say it will increase detention and erode the right to seek asylum.

Some organisations also criticise the “externalisation” of EU border management — agreements with countries across the Mediterranean to aggressively patrol their coasts and hold migrants back in exchange for financial assistance.

The deals have expanded, from Turkiye to the Middle East and across Africa. Human rights groups say autocratic governments are pocketing billions and often subject the displaced to appalling conditions.

Lesbos still sees some migrants arrive Lesbos' 80,000 residents look back at the 2015 crisis with mixed feelings.

Fisherman Stratos Valamios saved some children. Others drowned just beyond his reach, their bodies still warm as he carried them to shore.

“What's changed from back then to now, 10 years on? Nothing,” he said. “What I feel is anger — that such things can happen, that babies can drown.” Those who died crossing to Lesbos are buried in two cemeteries, their graves marked as “unknown”.

Tiny shoes and empty juice boxes with faded Turkish labels can still be found on the northern coast. So can black doughnut-shaped inner tubes, given by smugglers as crude life preservers for children. At Moria, a refugee camp destroyed by fire in 2020, children's drawings remain on gutted building walls.

Migrants still arrive, and sometimes die, on these shores. Lesbos began to adapt to a quieter, more measured flow of newcomers.

Efi Latsoudi, who runs a network helping migrants learn Greek and find jobs, hopes Lesbos' tradition of helping outsiders in need will outlast national policies.

“The way things are developing, it's not friendly for newcomers to integrate into Greek society,” Latsoudi said. "We need to do something. ... I believe there is hope.” (AP) PY PY

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