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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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Congo, Rwanda sign US-mediated peace deal aimed at ending decades of bloody conflict

June 27, 2025

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Washington, Jun 27 (AP) The Democratic Republic of Congo and Rwanda on Friday signed a peace deal facilitated by the US to help end the decades-long deadly fighting in eastern Congo while helping the US government and American companies gain access to critical minerals in the region.

Secretary of State Marco Rubio called it “an important moment after 30 years of war.” Congo's Foreign Minister Therese Kayikwamba Wagner invoked the millions of victims of the conflict in signing the agreement with Rwandan Foreign Minister Olivier Nduhungirehe. Both of them expressed optimism but also stressed there is still a significant amount of work to do to end the fighting.

“Some wounds will heal, but they will never fully disappear,” Wagner said. “Those who have suffered the most are watching. They are expecting this agreement to be respected, and we cannot fail them.” “Shared growth and cross-border cooperation will unlock tangible dividends for both our countries,” Nduhungirehe said. “We must acknowledge that there is a great deal of uncertainty in our region and beyond, because many previous agreements have not been implemented, and there is no doubt that the road ahead will not be easy. But with the continued support of the United States and other partners, we believe that a turning point has been reached.” All three ministers lauded the support of the Gulf Arab nation of Qatar in facilitating the agreement, which Doha has been working on for months at the request of the US and others.

Earlier Friday, President Donald Trump said at a news conference that he was able to broker a deal for “one of the worst wars anyone's ever seen.” “I was able to get them together and sell it,” Trump said. “And not only that, we're getting for the United States a lot of the mineral rights from the Congo.” The deal has been touted as an important step toward peace in the Central African nation of Congo, where conflict with more than 100 armed groups, the most potent backed by Rwanda, has killed millions since the 1990s.

It's also at the heart of Trump's push to gain access to critical minerals needed for much of the world's technology at a time when the United States and China are actively competing for influence in Africa.

Analysts see the deal as a major turning point but don't believe it will quickly end the fighting.

The agreement involves provisions on territorial integrity and a prohibition of hostilities as well as the disengagement, disarmament and conditional integration of non-state armed groups.

Peace deal not likely to quickly end the conflict The Rwanda-backed M23 rebel group is the most prominent armed group in the conflict, and its major advance early this year left bodies on the streets. With 7 million people displaced in Congo, the United Nations has called it “one of the most protracted, complex, serious humanitarian crises on Earth.” Congo hopes the US will provide it with the security support needed to fight the rebels and possibly get them to withdraw from the key cities of Goma and Bukavu, and from the entire region where Rwanda is estimated to have up to 4,000 troops. Rwanda has said that it's defending its territorial interests and not supporting M23.

M23 rebels have suggested that the agreement won't be binding on them. The rebel group hasn't been directly involved in the planned peace deal, although it has been part of other ongoing peace talks.

Corneille Nangaa, leader of the Congo River Alliance — known by its French acronym AFC — which includes M23, told The Associated Press in March that direct peace talks with Congo can only be held if the country acknowledges their grievances and that “anything regarding us which are done without us, it's against us.” An M23 spokesman, Oscar Balinda, also echoed those thoughts in an interview with the AP this week, saying the US-facilitated deal doesn't concern the rebels.

Rwanda has also been accused of exploiting eastern Congo's minerals, a trend analysts say might make it difficult for Rwanda not to be involved in any way in the region. Critical minerals are used in smartphones, advanced fighter jets and much more.

A team of U.N. experts alleged in a December report that "fraudulent extraction, trade and export to Rwanda of (Congo) minerals benefited both AFC/M23 and the Rwandan economy.” Rwanda has denied any involvement in Congo's minerals.

The deal is also at the heart of the US government's push to counter China in Africa. Chinese companies have been for many years one of the key players in Congo's minerals sector. Chinese cobalt refineries, which account for a majority of the global supply, rely heavily on Congo.

US role in ending the conflict Analysts say the US government's commitment might depend on how much access it has to the minerals being discussed under separate negotiations between the American and Congolese government.

The mostly untapped minerals are estimated to be worth as much as USD 24 trillion by the US Department of Commerce.

Christian Moleka, a political scientist at the Congolese think tank Dypol, called the deal a “major turning point” in the decadeslong conflict, but that the signing could "in no way eliminate all the issues of the conflict.” “The current draft agreement ignores war crimes and justice for victims by imposing a partnership between the victim and the aggressor,” he said. “This seems like a trigger-happy proposition and cannot establish lasting peace without justice and reparation.” In Congo's North Kivu province, the hardest hit by the fighting, some believe that the peace deal will help resolve the violence, but warn justice must still be served for an enduring peace to take hold.

“I don't think the Americans should be trusted 100 per cent,” said Hope Muhinuka, an activist from the province. “It is up to us to capitalise on all we have now as an opportunity.” The conflict can be traced to the aftermath of the 1994 genocide in Rwanda, where Hutu militias killed between 500,000 and 1 million ethnic Tutsi, as well as moderate Hutus and Twa, Indigenous people. When Tutsi-led forces fought back, nearly 2 million Hutus crossed into Congo, fearing reprisals.

Rwandan authorities have accused the Hutus who fled of participating in the genocide and alleged that elements of the Congolese army protected them. They have argued that the militias formed by a small fraction of the Hutus are a threat to Rwanda's Tutsi population. (AP) GSP

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