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October 1, 2026
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GST revenue accounting distinguishes gross collections, refunds, net domestic and customs revenue, and SGST-IGST settlement reporting.
Gross GST revenue for September 2026 distinguishes domestic collections and IGST on imports; after domestic and ICEGATE refund adjustments, net revenue is calculated separately for domestic and customs GST. Cumulative collections through September similarly distinguish gross receipts, refunds and net revenue. SGST reporting compares pre-settlement receipts with post-settlement amounts that include the SGST portion of IGST settled to States and Union Territories. State and Union Territory revenue comparisons exclude GST on imported goods, while April-September domestic collections are split between Central and State formations.
October 1, 2026
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Annual Survey of Industries results record broad manufacturing growth and define survey coverage, enumeration, digital data collection, and reliability limits.
ASI 2024-25 records broad-based growth in registered manufacturing, including establishments, output, Gross Value Added, employment, emoluments, fixed capital, invested capital, net income and net profit. The survey covers specified registered factories, bidi and cigar establishments, certain electricity undertakings, and qualifying large units in State-maintained business registers. Data are collected electronically under the statutory framework for collection of statistics using an establishment-based approach, with quality checks and caution required because the estimates arise from a sample survey.
October 1, 2026
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Economic resilience policy dialogue examines financial stability, digital governance, trade fragmentation, and investment priorities amid global uncertainty.
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September 30, 2026
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Equity acquisition in a life insurer receives competition clearance for BNP Paribas Cardif's proposed investment.
Competition Commission of India approval covers a proposed combination under which BNP Paribas Cardif will acquire certain equity share capital in IndiaFirst Life Insurance Company Limited. The transaction is an acquisition of an ownership interest in an Indian life insurer. IndiaFirst Life Insurance Company Limited is incorporated in India, is an IRDAI-licensed insurer, and provides life insurance in India.
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.
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September 30, 2026
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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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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.
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September 28, 2026
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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.
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September 28, 2026
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Multilateral infrastructure cooperation guides annual development bank participation and bilateral engagement on sustainable investment and economic connectivity.
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September 25, 2026
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September 25, 2026
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September 25, 2026
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India targets 8 to 10 per cent share in the commercial satellite launch market, says ISRO chief

August 1, 2025

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Thiruvananthapuram, Aug 1 (PTI) The Indian space sector is aiming to achieve an 8 to 10 per cent share in the global commercial space market over the next 10 years, and for that, a lot of work needs to be done, ISRO Chairman Dr V Narayanan said here on Friday.

In an exclusive interview with PTI Videos, Narayanan said India needs to improve infrastructure, industry-led development, and manufacturing capabilities.

At present, India’s share in the global commercial space market is less than 2 per cent.

“In the initial phase of our activities, we were not focusing on the commercial aspect. But today, we are in the commercial field,” Narayanan said.

He said India's OneWeb India Mission helped improve the country’s commercial credibility—a project indigenously developed due to geopolitical reasons following the Ukraine war.

“Using one rocket, we had to place 36 satellites into orbit. Achieving a difference of just a few centimetres in orbital placement is not an easy task. We accomplished it through a unique scheme, demonstrating a commercially successful mission. It surprised the entire international community,” he said.

He added that India has so far carried out 14 commercial launches.

“A country that did not have satellite technology, launch vehicle technology, or application-oriented capability 50 years ago has now launched 433 satellites for 32 countries. So, we are in the game,” he said.

Narayanan said ISRO would soon launch a 6,500-kg commercial satellite from the United States using its Mark III rocket, the last of three missions India is undertaking in coordination with NASA.

India had successfully launched the NASA-ISRO Synthetic Aperture Radar (NISAR) satellite—the costliest satellite launched so far—on July 30 using the Mark II F16 rocket.

The ISRO chairman said that since the Prime Minister rolled out space sector reforms to encourage public-private partnerships, capacity building has been steadily increasing.

“Ten years ago, we hardly had one startup working in the space area. Today, we have over 300 startups operating in the sector,” Narayanan said.

He noted that demand for space-based services has been rising across sectors.

“For example, earlier, if someone approached a bank for an agricultural loan, officials had to physically verify the land and the crops being cultivated. Now, they can assess the data in real time. Similarly, in the event of a drought, real-time assessments can be done from indoors, instead of through physical surveys.

“A lot of real-time data processing is happening, and data with up to five-centimetre resolution is available free of cost. People can process this data and use it for multiple purposes,” he added.

He said other countries are now approaching India for their space requirements, recognizing the country’s technological advancements.

“Don’t think India is the India of 1947. Today, we are a spacefaring, dynamic nation. For example, on the 30th of last month, we launched NASA’s NISAR satellite, worth Rs 10,300 crore. NASA came to India for the launch. That shows our technological capability, advancement, and the precision with which our people work. This is what’s motivating other countries to come to us,” he said.

When asked whether ongoing trade restrictions and tariff policies under the Trump administration might affect space collaboration between India and the U S, Narayanan said the subject is beyond his "domain of expertise".

“These two things—politics and science—have to be separated. I am a technocrat, and that question is beyond my domain,” he said.

However, the ISRO chief added, “Technologically, we are in an advanced state. So whatever contracts we have signed, we are going to execute. That is all I can comment on.” Welcoming the Public-Private Partnership (PPP) model in the Indian space sector, Narayanan said ISRO alone cannot meet growing market demand, and the private sector has a significant role to play.

“When I joined ISRO, there used to be one launch every three years. This year, we plan to have one launch every month. Now, you may ask why we need so many launches. So far, we have developed 132 satellites, of which 55 are currently in orbit, serving the people of this country.

“These services ensure national safety and security. Do you know how many satellites are required for that? Two years ago, our counterparts deployed 100 satellites in a single year. The demand for satellite technology is enormous,” Narayanan said.

He projected that in another three years, ISRO may need to have three times the current number of satellites in orbit to meet demand.

“ISRO alone cannot do this. It is a government organisation. Over the last 10 years, our manpower has grown by less than five per cent. That’s why the private sector needs to step in, in a big way,” he said.

He concluded by stating that, based on current demand, India should be launching three rockets per month to meet the country’s requirements. PTI KPK TGB SSK TGB SSK ADB

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