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    Union Minister of Commerce and Industry Shri Piyush Goyal to Visit the United States to Participate in G20 Trade Ministers’ Meeting
    14th India-UAE High Level Joint Task Force Meeting Held in Mumbai
    CBDT extends due date for furnishing Return of Income for AY 2026-27 in respect of persons subject to audit under the Income-tax Act, 1961
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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.
September 25, 2026
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Trader welfare policy discussions covered GST reform, digital commerce, finance access, export promotion, and coordinated institutional support.
Deliberations covered GST rationalisation, refund delays, audit duration, amnesty schemes, input tax credit anomalies and pending appeals, alongside proposed inclusion of traders in MSME facilitation committees, a centralised loan portal with a 30-day timeline, CIBIL score reforms and grievance helplines. Trader welfare measures considered timely contractor payments, safeguards against technical penalties, loan-repayment flexibility during lean periods and stronger Centre-State coordination.
September 25, 2026
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Gold smuggling through powdered gold concealed in food products led to seizure and arrests under customs law.
Intelligence-led interception and baggage examination identified foreign-origin gold converted into fine powder and mixed with packaged food products of similar colour, texture and consistency. Segregation and assaying yielded 9.40 kg foreign-origin gold, which was seized under the Customs Act, 1962. Questioning linked the passengers to the same organised gold-smuggling syndicate, and they were arrested under that Act.
September 25, 2026
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Customs seizure of suspected smuggled areca nuts and restricted poppy seeds followed intelligence-led cross-border enforcement operations.
Intelligence-led customs enforcement in Mizoram and Assam resulted in seizure, under the Customs Act, 1962, of suspected foreign-origin areca nuts and poppy seeds believed on preliminary inquiry to have been smuggled from Myanmar. Searches of locked, unattended godowns near the Indo-Myanmar border recovered the commodities, while interception of two trucks carrying poppy seeds without valid import documents led to seizure of the consignments and vehicles. Four persons connected with transportation of the poppy seeds were arrested.
September 25, 2026
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Industrial control system cybersecurity certification validates system-level protection across wind farm controls, networks, and lifecycle security services.
IEC 62443-3-3 Security Level 2 certification applies to a wind farm control system covering SCADA, PPC, PLC and industrial network devices. It assesses system-level security requirements, including the interaction of components, networks and security mechanisms within an overall industrial control environment. The cybersecurity framework also spans secure development, certified core control components, system-level protection, and security integration and maintenance services across the lifecycle of wind energy technologies.
September 25, 2026
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Foreign exchange reserve composition reflects a weekly decline driven by foreign currency assets despite a modest gold increase.
India's foreign exchange reserves declined by USD 14.881 billion to USD 765.901 billion for the week ended 18 September 2026. The contraction was principally driven by a reduction in foreign currency assets, which also reflect valuation effects from movements in non-US reserve currencies. Gold reserves increased, while Special Drawing Rights decreased and the reserve position with the International Monetary Fund remained reported separately.

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Motwani Jadeja Institute for American Studies Launched in New York to Strengthen US–India Ties through Education and Diplomacy

July 21, 2025

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New York | 21 July 2025: In a landmark initiative aimed at deepening India-US academic engagement and global leadership, O.P. Jindal Global University (JGU) inaugurated the Motwani Jadeja Institute for American Studies (MJIAS) at a prestigious event in New York. The occasion was marked by the simultaneous release of the JGU Sustainable Development Report 2025 and a Distinguished Public Lecture delivered by leading Indian and global figures, signifying the university’s multidimensional vision of education, diplomacy, and innovation.

The Motwani Jadeja Institute for American Studies (MJIAS) is a transformative new centre that will focus on research, public policy, education, innovation, and cultural exchange between India and the United States. The Institute is founded through a generous endowment by the Motwani Jadeja Foundation, under the visionary leadership of Ms. Asha Jadeja Motwani, a pioneering philanthropist and venture capitalist based in Silicon Valley.

A Visionary Academic Collaboration Between India and the U.S.

The Institute is named in honour of Professor Rajeev Motwani, a legendary computer scientist whose mentorship of innovators—including Google’s founders—left an indelible mark on the technology and innovation landscape globally.

In his Welcome Address, Professor (Dr.) C. Raj Kumar, Founding Vice Chancellor of JGU, celebrated the institute as “a powerful symbol of academic diplomacy that not only honours a legacy of scientific excellence but also builds intellectual bridges between nations.” He elaborated: The Motwani Jadeja Institute for American Studies (MJIAS) is not merely the establishment of a new academic institute—it is a profound affirmation of our belief that universities must serve as instruments of global transformation. In an era where the world faces unprecedented challenges, we need institutional platforms such as MJIAS that nurture critical inquiry, uphold the values of freedom and democracy, and prepare our students to be not only professionals but also public intellectuals. This Institute is a tribute to the pioneering brilliance of Professor Rajeev Motwani and the extraordinary generosity and vision of Ms. Asha Jadeja. It will be a bridge between India and the United States, between technology and humanities, between policy and innovation, and above all, between ideas and action.” Empowering the Future: Asha Jadeja’s Global Vision Delivering the Foundational Address, Ms. Asha Jadeja Motwani expressed her commitment to shaping ecosystems that empower changemakers, particularly across the Global South. She remarked: “We are at an inflection point in human history. The technological revolution we are living through demands new paradigms of leadership—leadership that is ethical, empathetic, interdisciplinary, and globally conscious. Through MJIAS, we are not only honouring the spirit of Rajeev, who believed in democratizing innovation and knowledge, but we are also giving life to a bold vision: to create a space where the next generation of leaders of India and the USA can question, collaborate, and co-create. We are building a platform that fosters dialogue, disrupts outdated systems, and inspires a mindset of fearless experimentation. My deepest hope is that this Institute becomes a lighthouse for South–North partnerships and a hub for intellectual and entrepreneurial energy from India, the United States, and the world.” She also announced upcoming initiatives under MJIAS, including India–U.S. student fellowships, start-up accelerator collaborations, and visiting professorships to bring top American scholars to India and vice versa.

Institutional Leadership and Academic Diplomacy Professor (Dr.) Mohan Kumar, former Ambassador of India to France and Founding Director-General of MJIAS, presented the Vision Statement of the Institute. He highlighted the strategic and intellectual significance of deepening Indo–U.S. ties through knowledge exchange. “MJIAS will engage with geopolitics, digital governance, trade, technology, and defence – all with a view to building a vibrant strategic partnership and "ring fencing" it from geopolitical vagaries.” Senior scholars of leading US universities, Professor (Dr.) Jayanth Krishnan (Chair, International Board of Advisors, JGU), Indiana University Maurer School of Law and Professor Sital Kalantry (Vice Chair),Seattle University School of Law, emphasized the importance of interdisciplinary learning, legal and technological innovation, and academic integrity. They praised MJIAS for anchoring itself at the intersection of liberal values, democratic norms, and global citizenship.

Consular Recognition: India’s Diplomacy and Academic Soft Power In a powerful Presidential Address, H.E. Mr. Binaya Srikanta Pradhan, Consul General of India in New York, hailed the Institute as “a timely and meaningful contribution to the India–U.S. strategic partnership,” noting that academic institutions like MJIAS embody the spirit of “knowledge diplomacy.” He added, “Our nations share a foundation of democracy and diversity. This Institute will deepen that partnership through research, policy dialogue, and people-to-people ties.” Launch of the JGU Sustainable Development Report 2025 The evening also witnessed the formal release of the Sustainable Development Report 2025 of JGU written by its lead author, Professor Padmanabha Ramanujam, Dean of Academic Governance. The report presents a detailed mapping of the university’s contribution to all 17 UN Sustainable Development Goals (SDGs) through teaching, research, community engagement, infrastructure, and institutional strategy.

Justice Michael Wilson, Former Judge of the Supreme Court of Hawaii and Distinguished Professor at JGU, offered reflections on the report, noting: “What JGU has done is create an institutional template for sustainability – a model that global universities can emulate. This is what academia must do – lead by example.” Distinguished Public Lecture: A Confluence of Law, Technology, and Governance The final segment of the evening featured a Distinguished Public Lecture delivered by two of India’s most admired public figures: Hon’ble Mr. Justice U.U. Lalit, Former Chief Justice of India, addressed the importance of education in strengthening constitutional democracy. In his lecture, he stated: “The role of a university in any society is not only to impart knowledge but also to cultivate conscience. Today, we find ourselves confronting deeply complex questions about the rule of law, justice, and constitutional morality—not just in India but across the world. It is in this context that institutions like the Motwani Jadeja Institute become so critical. They stand at the frontlines of democratic resilience. They equip young minds with not just the tools of reasoning and argumentation, but with the moral compass necessary to lead and serve. As someone who has spent decades in the judiciary, I deeply value the ability of academia to challenge authority, question power, and uphold the spirit of the Constitution.” Dr. Palanivel Thiaga Rajan, Hon’ble Minister for Information Technology and Digital Services, Government of Tamil Nadu, delivered a Keynote Address on the future of data governance, AI ethics, and digital innovation. He called for stronger university-government collaborations to create public value through evidence-based policymaking and inclusive technologies. The Lecture was moderated by Professor R. Sudarshan, Dean of the Jindal School of Government & Public Policy, who underscored the unique convergence of law, policy, technology, and ethics in the evening’s deliberations.

Professor (Dr.) Akhil Bhardwaj, Vice Dean of International Affairs and Global Initiatives, concluded the evening with a Vote of Thanks, calling it “a milestone moment for JGU and a call to action for universities across the world to be bolder, braver, and more globally connected.” (Disclaimer: The above press release comes to you under an arrangement with O.P. Jindal Global University and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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