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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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'Beautiful' or 'Ugly,' Trump's big bill shapes battle for House control in 2026 midterms

July 13, 2025

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Washington, Jul 13 (AP) Debate over President Donald Trump's sweeping budget-and-policy package is over on Capitol Hill. Now the argument goes national.

From the Central Valley of California to Midwestern battlegrounds and suburban districts of the northeast, the new law already is shaping the 2026 midterm battle for control of the House of Representatives. The outcome will set the tone for Trump's final two years in the Oval Office.

Democrats need a net gain of three House seats to break the GOP's chokehold on Washington and reestablish a power centre to counter Trump. There's added pressure to flip the House given that midterm Senate contests are concentrated in Republican-leaning states, making it harder for Democrats to reclaim that chamber.

As Republicans see it, they've now delivered broad tax cuts, an unprecedented investment in immigration enforcement and new restraints on social safety net programmes.

Democrats see a law that rolls back health insurance access and raises costs for middle-class Americans while cutting taxes mostly for the rich, curtailing green energy initiatives and restricting some workers' organising rights.

“It represents the broken promise they made to the American people,” said Rep Suzan DelBene, a Washington Democrat who chairs the party's House campaign arm. “We're going to continue to hold Republicans accountable for this vote.” Parties gear up for a fight Whether voters see it that way will be determined on a district-by-district level, but the battle will be more intense in some places than others. Among the 435 House districts, only 69 contests were decided by less than 10 percentage points in the 2024 general election.

The Democratic Congressional Campaign Committee has so far identified 26 Democratic-held seats it must defend vigorously, along with 34 GOP-held seats it believes could be ripe to flip. Republicans' campaign arm, the National Republican Congressional Committee, has so far listed 18 GOP incumbents as priorities, plus two districts opened by retirements.

There are a historically low number of so-called crossover districts: Only 13 Democrats represent districts Trump carried in 2024, while just three Republicans serve districts Democratic presidential nominee Kamala Harris carried.

Both committees are busy recruiting challengers and open-seat candidates and more retirements could come, so the competitive map will evolve. Still, there are clusters of districts guaranteed to influence the national result.

California, despite its clear lean to Democrats statewide, has at least nine House districts expected to be up for grabs: three in the Central Valley and six in southern California. Six are held by Democrats, three by the GOP.

Pennsylvania features four districts that have been among the closest national House races for several consecutive cycles. They include a suburban Philadelphia seat represented by Rep Brian Fitzpatrick, one of just two House Republicans to vote against Trump's bill and one of the three GOP lawmakers from a district Harris won. Fitzpatrick cited the Medicaid cuts.

Vice President JD Vance plans on Wednesday to be in Republican Rep Rob Bresnahan's northwest Pennsylvania district to tout the GOP package. Bresnahan's seat is a top Democratic target.

Iowa and Wisconsin, meanwhile, feature four contiguous GOP-held districts in farm-heavy regions where voters could be swayed by fallout from Trump's tariffs.

Democrats fight to define the GOP Beyond bumper-sticker labels – Trump's preferred “Big Beautiful Bill” versus Democrats' “Big Ugly Bill” retort – the 900-page law is, in fact, an array of policies with varying impact.

Democrats hammer Medicaid and food assistance cuts, some timed to take full effect only after the 2026 midterms, along with Republicans' refusal to extend tax credits to some people who obtained health insurance through the Affordable Care Act.

The Congressional Budget Office estimates that 11.8 million more Americans would become uninsured by 2034 if the bill became law; 3 million more would not qualify for food stamps, also known as SNAP benefits.

“Folks will die here in Louisiana and in other parts of the country,” House Minority Leader Jeffries warned last week during a town hall in Republican Speaker Mike Johnson's home state of Louisiana.

Jeffries singled out vulnerable Republicans like California Rep David Valadao, who represents a heavily agricultural Central Valley district where more than half the population is eligible for the joint state-federal insurance programme.

California allows immigrants with legal status and those who are undocumented to qualify for Medicaid, so not all Medicaid recipients are voters. But the programme helps finance the overall health care system, including nursing homes and hospitals.

Republicans highlight the law's tightened work requirements for Medicaid enrollees. They argue it's a popular provision that will strengthen the programme.

“I voted for this bill because it does preserve the Medicaid programme for its intended recipients — children, pregnant women, the disabled, and elderly,” Valadao said. “I know how important the programme is for my constituents.” Republicans hope voters 'see lower taxes' The law includes USD 4.5 trillion in tax cuts. It makes permanent existing rates and brackets approved during Trump's first term. Republicans and their allies have hammered vulnerable Democrats for “raising costs” on American households by opposing the bill.

GOP campaign aides point to the popularity of individual provisions: boosting the USD 2,000 child tax credit to USD 2,200 (some families at lower income levels would not get the full credit), new deductions on tip and overtime income and auto loans; and a new deduction for older adults earning less than USD 75,000 a year.

“Everyone will have more take home pay. They'll have more jobs and opportunity,” Johnson said in a Fox News Sunday interview. “The economy will be doing better and we'll be able to point to that as the obvious result of what we did.” Democrats note that the biggest beneficiaries of Trump's tax code are wealthy Americans and corporations. Pairing that with safety net cuts, Florida Rep Debbie Wasserman Schultz concluded, “The cruelty is the point.” Immigration, meanwhile, was Trump's strongest issue in 2024. NRCC aides say that will continue with the new law's investments in immigration enforcement. Democrats believe the Trump administration has overplayed its hand with its push for mass deportation.

Playing the Trump card The president is a titanic variable.

Democrats point to 2018, when they notched a 40-seat net gain in House seats to take control away from the GOP. This year, Democrats have enjoyed a double-digit swing in special elections around the country when compared to 2024 presidential results.

Similar trends emerged in 2017 after Trump's 2016 victory. Democrats say that reflects voter discontent with Trump once he's actually in charge.

Republicans answer that Trump's job approval remains higher at this point than in 2017. But the GOP's effort is further complicated by ongoing realignments: Since Trump's emergence, Democrats have gained affluent white voters -– like those in suburban swing districts -– while Trump has drawn more working-class voters across racial and ethnic groups. But Republicans face a stiffer challenge of replicating Trump's coalition in a midterm election without him on the ballot.

Democrats, meanwhile, must corral voters who are not a threat to vote for Republicans but could stay home.

Jeffries said he's determined not to let that happen.

“We're going to do everything we can until we end this national nightmare.” (AP) NPK NPK

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