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    Gross and Net GST revenue collections for the month of September, 2026
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    5th Kautilya Economic Conclave to be held in New Delhi from 3 to 5 October 2026 under the theme “Resilience in an Age of Flux”
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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.
The fifth Kautilya Economic Conclave will examine economic resilience amid global shocks through discussions on macroeconomic stability, monetary policy, financial stability, investment, fiscal federalism and capital-market development. Its agenda also covers digital economy governance, artificial intelligence, trade fragmentation, strategic autonomy, climate resilience, food systems, demographic change and global health security. Plenaries, parallel sessions and closed-door roundtables will consider policy responses and mobilisation of domestic and foreign capital for long-term investment.
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.
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.

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Netanyahu defends new military offensive in Gaza and says it will be wider than announced

August 11, 2025

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Jerusalem, Aug 10 (AP) Israeli Prime Minister Benjamin Netanyahu on Sunday defended a new military offensive in Gaza that is more sweeping than previously announced, declaring in the face of growing condemnation at home and abroad that Israel “has no choice but to finish the job and complete the defeat of Hamas.” Even as more Israelis express concern over the 22-month war, Netanyahu said the security Cabinet last week instructed the dismantling of Hamas strongholds not only in Gaza City but also in the “central camps” and Muwasi. A source familiar with the operation, who spoke on condition of anonymity because they were not authorised to talk to the media, confirmed that Israel plans it in both areas.

The crowded camps — sheltering well over a half-million displaced people, according to the UN — had not been part of Israel's announcement on Friday. It was not clear why, though Netanyahu faced criticism this weekend within his ruling coalition that targeting Gaza City was not enough. Netanyahu said there would be “safe zones," but such designated areas have been bombed in the past.

Netanyahu spoke with Trump about plan Netanyahu's office late on Sunday said he had spoken with US President Donald Trump about the plan and thanked him for his “steadfast support.” Rejecting starvation in Gaza as well as a “global campaign of lies," Netanyahu spoke to foreign media just before an emergency meeting of the United Nations Security Council, a platform for outrage but little action on the war.

“Our goal is not to occupy Gaza, our goal is to free Gaza,” Netanyahu asserted.

Netanyahu said there is a “fairly short timetable” for next steps there, but did not give specifics. The goals, he said, include demilitarising the territory, the Israeli military having “overriding security control” and a non-Israeli civilian administration in charge.

Israel wants to increase the number of aid distribution sites in Gaza, he said, but in a later briefing to local media, he asserted, “There is no hunger. There was no hunger. There was a shortage, and there was certainly no policy of starvation." Netanyahu also said he has directed Israel's military to “bring in more foreign journalists” — which would be a striking development, as they have not been allowed into Gaza beyond military embeds during the war.

He again blamed many of Gaza's problems on the Hamas militant group, including civilian deaths, destruction and aid shortages. “Hamas still has thousands of armed terrorists," he asserted, adding that Palestinians are “begging” to be freed from them.

Hamas responded with a lengthy statement that summed up Netanyahu's remarks as “blatant lies.” The United States defended Israel, saying it has the right to decide what is best for its security. It called allegations of genocide in Gaza false.

The US has veto power at the council and can block proposed actions there.

Other council members, and UN officials, expressed alarm. China called the “collective punishment” of people in Gaza unacceptable. Russia warned against a “reckless intensification of hostilities.” “This is no longer a looming hunger crisis; this is starvation,” said Ramesh Rajasingham with the UN humanitarian office. “Humanitarian conditions are beyond horrific. We have frankly run out of words to describe it.” Israel faces growing action even by its closest allies. Netanyahu said Chancellor Friedrich Merz of Germany had “buckled under” the growing international criticism by stopping exports of military equipment to Israel that could be used in Gaza. Merz, for his part, told public broadcaster ARD that Germany and Israel were talking “very critically” but Berlin's overall policies of friendship have not changed.

More Palestinians killed as they seek aid At least 31 Palestinians were killed while seeking aid in Gaza, hospitals and witnesses said. The Associated Press spoke to witnesses of gunfire in the Israeli-controlled Morag and Netzarim corridors and the Teina area in the south. All accused Israeli forces of firing at crowds trying to reach food distributions or waiting for convoys.

Fifteen people were killed while waiting for trucks near the Morag corridor that separates the southern cities of Rafah and Khan Younis, according to Nasser hospital.

The situation is a “death trap,” said Jamal al-Laweh, who said Israeli forces opened fire there. “But I have no other choice to feed the kids.” Six were killed while waiting for aid in northern Gaza near the Zikim crossing, according to Gaza's Health Ministry and Shifa hospital.

In central Gaza, witnesses said they heard warning shots before fire was aimed toward crowds trying to reach a distribution site operated by the Israeli-backed and US-funded Gaza Humanitarian Foundation. The AP could not independently confirm who fired. Awda hospital said four people were killed by Israeli gunfire.

Six other aid-seekers were killed while trying to reach GHF sites in Khan Younis and Rafah, Nasser hospital said.

The GHF sites opened in May as an alternative to the UN-run aid system, but operations have been marred by deaths and chaos.

Responding to AP inquiries, the GHF media office said: “There were no incidents at or near our sites today.” Israel's military said there were no incidents involving troops near central Gaza aid sites.

Hunger death toll among children hits 100 Israel's air and ground offensive has displaced most Palestinians and pushed the territory toward famine. Two Palestinian children died of malnutrition-related causes on Saturday, bringing the toll among children to 100 since the war began.

At least 117 adults have died of malnutrition-related causes since June, when the ministry started to count them.

The hunger toll is in addition to the ministry's war toll of 61,400 Palestinians. The ministry, part of the Hamas-run government and staffed by medical professionals, does not distinguish between fighters or civilians, but says around half of the dead have been women and children. The UN and independent experts consider it the most reliable source on war casualties.

Labour strike urged in Israel over looming offensive Hostages' relatives have urged a labour strike in Israel next week over the plans to expand military operations, fearing it will endanger their loved ones. Fifty hostages remain after being taken in the Hamas-led attack on October 7, 2023, that sparked the war. Twenty are believed to be alive.

Dozens of people sat outside the US consulate in Jerusalem to protest Israel's offensive. “I think it's a horrible decision. It's like deciding that we don't want (hostages) alive anymore,” said one, Milly Rothschild. (AP) RUK RUK

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