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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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US selling weapons to NATO allies to give to Ukraine, Trump says

July 11, 2025

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Washington, Jul 11 (AP) The United States is selling weapons to its NATO allies in Europe so they can provide them to Ukraine as it struggles to fend off a recent escalation in Russia's drone and missile attacks, President Donald Trump and his chief diplomat said.

“We're sending weapons to NATO, and NATO is paying for those weapons, 100 per cent,” Trump said in an interview with NBC News late Thursday. “So what we're doing is, the weapons that are going out are going to NATO, and then NATO is going to be giving those weapons (to Ukraine), and NATO is paying for those weapons." Secretary of State Marco Rubio said Friday that some of the US-made weapons that Ukraine is seeking are deployed with NATO allies in Europe. Those weapons could be transferred to Ukraine, with European countries buying replacements from the US, he said.

“It's a lot faster to move something, for example, from Germany to Ukraine than it is to order it from a (US) factory and get it there,” Rubio told reporters during a visit to Kuala Lumpur, Malaysia.

Ukraine badly needs more US-made Patriot air defence systems to stop Russian ballistic and cruise missiles. The Trump administration has gone back and forth about providing more vital military aid to Ukraine more than three years into Russia's invasion.

After a brief pause in some weapons shipments, Trump said he would keep sending defensive weapons to Ukraine. US officials said this week that some were on their way.

Ukraine is seeking more coveted Patriot air defence systems NATO itself doesn't send weapons to Ukraine or otherwise own or handle arms — which its 32 member nations take care of — but ships items like medical supplies and fuel.

“Allies continue to work to ensure that Ukraine has the support they need to defend themselves against Russia's aggression," NATO spokesperson Allison Hart said. "This includes urgent efforts to procure key supplies from the United States, including air defence and ammunition.” Germany, Spain and other European countries possess Patriot missile systems, and some have placed orders for more, Rubio said.

The US is encouraging its NATO allies “to provide those weapons, systems, the defensive systems that Ukraine seeks … since they have them in their stocks, and then we can enter into financial agreements with them, with us, where they can purchase the replacements,” Rubio said.

Ukraine has asked other countries to supply it with an additional 10 Patriot systems and missiles, Ukrainian President Volodymyr Zelenskyy said Thursday. Germany is ready to provide two systems, and Norway has agreed to supply one, he said.

German Chancellor Friedrich Merz said Thursday that officials “stand ready to acquire additional Patriot systems from the US and make them available to Ukraine.” Asked how many Patriot systems Germany is interested in buying, Merz didn't give a number. But he said that he spoke to Trump a week ago “and asked him to deliver these systems.” In addition to the Patriots, the weaponry that could be sold to NATO members includes advanced medium-range air-to-air missiles, shorter range missiles and Howitzer rounds, according to a person familiar with the internal White House debate. The person spoke on condition of anonymity to discuss private discussions.

The White House did not immediately respond to a request for comment seeking more details.

Republican Sen. Lindsey Graham of South Carolina, who has been in touch with Trump in recent days, said it's in the US national security interest to sell weapons to Ukraine, and “Europe can pay for them.” “We have the best weapons. They sure as hell know how to use them,” Graham said in an interview in Rome while attending a meeting on the sidelines of a Ukraine recovery conference.

The ability of allies to purchase US weapons for Ukraine would get around a possible stalemate from Congress in funding for Kyiv once the most recent Ukraine aid package approved last year runs out. Even with broad support in Congress for backing Ukraine, it's unclear if more funding would be approved.

Russia has recently sought to overwhelm Ukraine's air defences by launching major aerial attacks. Earlier this week, Russia fired more than 700 attack and decoy drones at Ukraine, topping previous nightly barrages for the third time in two weeks.

At the same time, Russia's bigger army is pressing hard on parts of the 1,000-kilometer (620-mile) front line, where thousands of soldiers on both sides have died since the Kremlin ordered the invasion of neighbouring Ukraine in February 2022.

Evolving stance on Putin Trump's efforts to facilitate Ukraine's weapon supply come as he has signalled his displeasure with Russian President Vladimir Putin. At a Cabinet meeting this week, he said he was “not happy” with Putin over a conflict that was “killing a lot of people” on both sides.

Graham says Trump has given him the go-ahead to push forward with a bill he's co-sponsoring that calls, in part, for a 500 per cent tariff on goods imported from countries that continue to buy Russian oil. Trump said Tuesday that he's “looking at it very strongly.” In the NBC News interview, Trump teased that he will make a major announcement on Russia next week.

The US president also has had a tumultuous relationship with Zelenskyy, which reached a low point during an Oval Office blowup in February when Trump berated him for being “disrespectful.” The relationship has since shown signs of rebounding.

The two leaders spoke by phone last week about Ukraine's air defenses. Zelenskyy said Thursday that talks with Trump have been “very constructive.” Impact of the latest Russian attacks In the latest attacks, a Russian drone barrage targeted the center of Kharkiv just before dawn Friday, injuring nine people and damaging a maternity hospital in Ukraine's second-largest city, officials said.

“There is no silence in Ukraine,” Zelenskyy said. A daytime drone attack on the southern city of Odesa also injured nine.

Kyiv, the Ukrainian capital, has endured repeated and intensifying drone attacks in recent weeks, as have many other regions of the country, mostly at night.

June saw the highest monthly civilian casualties of the past three years, with 232 people killed and 1,343 wounded, the UN human rights mission in Ukraine said.

Other weapons sought by Ukraine Zelenskyy urged Ukraine's Western partners to quickly follow through on pledges they made at the international meeting in Rome on Thursday.

Ukraine needs more interceptor drones to bring down Russian-made Shahed drones, he said.

After repeated Russian drone and missile onslaughts, authorities said Friday they're establishing a comprehensive drone interception system under a project called Clear Sky. It includes a $6.2 million investment in interceptor drones, operator training and new mobile response units, the Kyiv Military Administration said.

“We found a solution. ... That's the key,” Zelenskyy said. “We need financing. And then, we will intercept.”(AP) RD RD

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