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    CCI approves acquisition of certain additional equity share capital of IIFL Capital Services Ltd by FIH Mauritius Investments Ltd.
    CCI approves acquisition of Onesto Labs Private Limited by L’Oréal India Private Limited
    Central govt employees to get salary in advance on Sep 25 in view of 3-day bank strike
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September 24, 2026
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Merger-control approval permits FIHM's phased acquisition of IIFL Capital Services equity through subscription, open offer and promoter purchase.
Merger-control approval permits FIHM to acquire certain additional equity share capital of IIFL Capital Services through a preferential issue on a private-placement basis and through shares tendered in a mandatory open offer. FIHM may also buy shares from the target's promoters if its aggregate shareholding with HWIC remains below the Target Shareholding after these steps.
September 24, 2026
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Full ownership acquisition in beauty and personal care receives competition approval for skin care and hair care operations.
Competition approval covers L'Ore al India Private Limited's acquisition of the entire shareholding in Onesto Labs Private Limited. The proposed combination concerns India's beauty and personal care sector and places the Target under the Acquirer's full ownership. Both entities operate in beauty and personal care products, including skin care and hair care.
September 23, 2026
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Advance disbursement of central government pay addresses anticipated banking disruption, with subsequent adjustment against the following month's entitlements.
Advance disbursement of September 2026 salary, wages and pensions is authorised on 25 September for central government employees, industrial employees and pensioners because of the proposed bank strike. Payments constitute advance payments and must be adjusted after full monthly entitlements are determined, with any adjustment made from October salary or wages. End-of-month banking transactions should, where feasible, be processed in advance.
September 23, 2026
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Commercial vehicle after-sales support expands authorised repairs, genuine spares, roadside assistance, and uptime for remote high-altitude fleet operations.
Commercial vehicle after-sales support is expanded through a BharatBenz 3S facility operated by PPS Trucking for remote high-altitude fleet operations. The facility provides sales, authorised service, genuine spare parts, diagnostic systems, repair tools and round-the-clock roadside assistance. Trained technicians, service bays and regional spare-parts inventory are intended to reduce repair turnaround times and vehicle downtime. The support network serves commercial vehicles engaged in stone-crushing, road construction, communication-infrastructure transport and other heavy-duty operations in difficult terrain.
September 23, 2026
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Redeem-code eligibility limits govern BGMI's final Golden Miramar Pan reward drop through the official redemption portal.
BGMI's final redeem-code series offers limited-time Golden Miramar - Pan rewards through general redeem codes valid only until September 25 on the official redemption website. Redemption requires a Character ID, valid code, Captcha verification, and submission through the redeem centre. Each code is limited to 10 users on a first-come, first-served basis; users may redeem one code daily, and each code is usable once per account. Guest accounts are excluded, and in-game mail rewards must be claimed within 30 days.
September 23, 2026
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Aadhaar-based biometric attendance requires employee registration, integrates leave records, and triggers automated pay deductions for unauthorised absences.
Aadhaar Enabled Biometric Attendance System (AEBAS) is mandatory for regular and temporary government employees and integrates attendance and leave data with PRANALI. Monthly reports are verified to identify authorised leave and net absence. Remaining unauthorised absence may result in digitally issued extraordinary-leave or leave-without-pay orders, personnel-record updates, and automated salary deductions. Temporary employees' failure to record attendance is treated as leave without pay.
September 23, 2026
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Initial public offering by Swastika Infra combines a fresh issue and offer for sale, subject to approvals.
Swastika Infra Limited proposes an initial public offering comprising a fresh issue of equity shares and an offer for sale, with proposed listings on BSE Limited and National Stock Exchange of India Limited. The allocation framework covers qualified institutional buyers, anchor investors, non-institutional investors and retail individual investors. Net fresh-issue proceeds are intended for incremental working-capital requirements and general corporate purposes. Completion remains subject to statutory and regulatory requirements, approvals, market conditions and other considerations.
September 23, 2026
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Monetary policy tightening may follow resilient growth as inflation, conflict risks, and weather pressures reshape economic projections.
FY27 GDP growth projections were raised to a range of 6.9%-7.1% on stronger June-quarter activity, resilient demand, investment, consumption, exports, capital inflows and limited supply disruptions. Growth may moderate as energy costs reduce purchasing power, activity slows and weather risks persist. Policy-rate tightening is projected as an inflation response, with forecasts of a 25-basis-point increase and temporary rate rises to offset price pressures.
September 23, 2026
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Fisheries subsidy disciplines require transparent reporting, domestic monitoring, and coordinated implementation to address harmful subsidies and IUU fishing.
Fisheries subsidy disciplines target support linked to illegal, unreported and unregulated fishing, fishing of overfished stocks subject to rebuilding conditions, and fishing on the unregulated high seas. Members accepting the Agreement must implement and administer these disciplines and comply with notification and transparency obligations. Effective implementation depends on reliable fisheries data, monitoring and reporting systems, vessel registration, inter-agency coordination and technical capacity.
September 23, 2026
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Essential banking service continuity requires Sunday operations by public sector and regional rural banks during the proposed strike.
Public Sector Banks and Regional Rural Banks will function normally on Sunday, 27 September 2026, to prevent an extended interruption to public banking needs during the proposed nationwide strike. Reserve Bank approval covers full operation of branches, offices, ATM-link branches and Currency Chests, alongside measures intended to maintain uninterrupted essential banking services.
September 23, 2026
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Money laundering allegations in public recruitment describe CSR-linked payments, examination manipulation, and candidate payments treated as proceeds of crime.
Money-laundering allegations concerning state public-service examinations identify two alleged streams of proceeds of crime: corporate social responsibility funding allegedly routed to an institution controlled by the former commission chairman in return for favouring selected candidates, and money allegedly collected from candidates and families for advance access to examination papers and secured selection. The alleged CSR payment was projected as legitimate institutional funding, while candidate-related collections were allegedly possessed, used, transferred, or projected as legitimate transactions.
September 23, 2026
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Banking service continuity measures require public sector and regional rural banks to operate on Sunday during the proposed strike.
Banking-service contingency arrangements require Public Sector Banks and Regional Rural Banks to operate normally on Sunday, 27 September 2026, ahead of a proposed three-day bank strike. Reserve Bank approval permits bank branches, offices, ATM-linked branches and currency chests to remain fully operational. Customers are advised to use mobile banking, ATMs, internet banking, BC Points and UPI if the strike occurs, and to complete essential transactions in advance.
September 23, 2026
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Inflation-driven monetary tightening may accompany strong growth as demand, price increases and adverse supply conditions shape rate expectations.
Inflationary pressures, robust demand, price rises and adverse supply developments are expected to lead to policy-rate tightening by RBI. Fitch anticipates a 25-basis-point rate rise in October, further tightening in early 2027, followed by easing in 2028. Growth projections were upgraded following stronger-than-expected June-quarter activity, but activity is expected to moderate as the effects of GST rationalisation and income-tax cuts recede, manufacturing and services slow, and below-normal monsoon conditions affect activity.
September 23, 2026
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GDP growth forecast rises as domestic demand, investment, and public capital spending sustain economic resilience amid external risks.
India's GDP growth forecast for the current fiscal year is raised to 7 per cent, supported by investment demand, resilient consumption, manufacturing and services activity, lower-than-expected supply disruptions, and sustained capital inflows. Domestic demand, infrastructure expenditure, regulatory reforms, and improving private investment are expected to support growth. Inflation is projected to remain within the central bank's target range, subject to risks from geopolitical uncertainty, commodity prices, and weather-related disruption. Fiscal management is supported by public capital expenditure and robust direct-tax revenue.
September 23, 2026
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Primary and secondary investment funds ammunition manufacturing expansion, increasing small-caliber capacity and establishing medium-caliber production.
Hughes Precision Manufacturing Pvt. Ltd. completed a Rs. 250+ crore investment round through primary and secondary investments. The capital will expand small-caliber ammunition capacity from approximately 80 million to 220 million rounds and establish a dedicated medium-caliber ammunition manufacturing facility. The expansion broadens its product portfolio and is supported by an order book exceeding Rs. 1,000 crore, including domestic defence and export orders scheduled for execution over approximately two years.
September 23, 2026
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GDP growth outlook signals resilient expansion, but inflation, weaker rural demand, and supply pressures may prompt monetary tightening.
India's FY 2026-27 GDP growth forecast is raised to 6.9 per cent from 6.4 per cent, reflecting strong June-quarter growth and economic resilience. Economic momentum is projected to moderate as slower manufacturing and services expansion, below-normal monsoon rains, and rising inflation constrain demand. Strong demand, price increases and adverse supply conditions are expected to lead to monetary tightening.
September 23, 2026
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FEMA scrutiny of insolvency acquisitions examines fund flows and possible indirect control by potentially ineligible resolution participants.
FEMA investigation concerns suspected foreign-exchange contraventions and the source and movement of funds used to acquire control of McNally Bharat Engineering Company Limited following its corporate insolvency resolution process. The inquiry also examines whether the process may have enabled persons potentially ineligible under Section 29A of the Insolvency and Bankruptcy Code, 2016, to regain indirect control of the company.
September 23, 2026
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Export facilitation reforms integrate local support, digital trade intelligence, and streamlined Free Trade Agreement procedures to improve market access.
Export facilitation reforms contemplate integrated Commerce and Industry offices and trained local personnel to provide exporters with common access points and district-level handholding support. The Trade Connect platform is envisaged to provide product-wise and HSN-code-wise tariff, Free Trade Agreement and procedural information, supported by digital and AI-enabled tools. Reforms also address electronic verification of Certificates of Origin, integration across the export cycle, digitalisation, simplified trade documentation, reduced compliance burden, and adherence to international quality standards.
September 23, 2026
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Monetary policy outlook: resilient growth and persistent inflation support a projected policy-rate increase amid weather and geopolitical risks.
India's FY27 growth outlook is revised upward to 7 per cent from 6.6 per cent, supported by industrial activity, consumption, goods exports and government investment. Consumer inflation is projected to average 5.1 per cent. Persistent inflationary pressures, solid growth, conflict in West Asia and weather-related risks are expected to support higher interest rates, while below-normal monsoon rainfall may affect agricultural output and food inflation.
September 23, 2026
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Trade partnership frameworks seek diversified market access through proposed economic agreements, investment cooperation, stronger business linkages, and improved connectivity.
Trade and market-access cooperation is to be advanced through a proposed Comprehensive Economic Partnership Agreement with Chile, a proposed Free Trade Agreement with Peru, and expansion of the Preferential Trade Agreement with MERCOSUR. The frameworks seek mutually beneficial outcomes while respecting respective sensitivities and priorities. Diversified trade, investment and business partnerships are envisaged through stronger business-to-business linkages, improved connectivity and more predictable market access.

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Centre’s order under Foreigners Act ‘farcical’, BJP sold India’s dignity, claims Mamata

September 4, 2025

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Kolkata, Sep 4 (PTI) West Bengal Chief Minister Mamata Banerjee on Thursday tore into the BJP-led Centre, calling its recent order under the Foreigners Act a “farce” and an “election gimmick”, while also alleging that the Centre has “sold the dignity” of the country by “falling at the feet” of foreign powers.

Speaking in the state assembly during a discussion on a government resolution condemning attacks on Bengali migrant workers in BJP-ruled states, Banerjee accused the Centre of compromising India’s sovereignty on the global stage while attempting to polarise voters at home with “false promises” on citizenship and immigration.

“At times, the Centre is begging before China, and at times before the US. Now they are falling at the feet of Russia and Israel. By doing this, they have sold the dignity of India,” she said, triggering uproar among BJP MLAs who sought to drown out her speech with slogans.

Banerjee, however, persisted with her address, accusing the saffron party of pursuing a “dictatorial and anti-Bengali” agenda aimed at turning the state into its political colony.

Training her guns on the Centre’s recent notification under the Immigration and Foreigners Act, 2025, which permits minority communities from Afghanistan, Bangladesh and Pakistan who entered India before December 31, 2024, to stay without valid travel documents, Banerjee said the move was riddled with ambiguities.

“Nowhere in the law is citizenship mentioned. Will those allowed to stay also get ration cards, Aadhaar, and voting rights? Will you put their names in the voter list? What a shame,” she said.

Drawing a contrast with the Citizenship (Amendment) Act, 2019, which had a cut-off of 2014, Banerjee said the Centre was once again misleading people.

“You are making false promises again, just like in 2019 and 2024. In reality, how many people got citizenship? Did they give citizenship to anyone?” the Trinamool Congress supremo asked.

Banerjee further criticised the Centre for bypassing parliamentary scrutiny.

“There has been no discussion, no debate, not even a Standing or Select Committee’s involvement. How can the BJP decide such important matters unilaterally?” she questioned.

As BJP legislators threw paper and attempted to disrupt her address, the CM charged them with being afraid of the truth.

“This is unparliamentary, undemocratic, and illegal. They are scared that their masks will come off if people hear what I have to say. Vote chor, gaddi chor! They are the biggest thieves and torturers of Bengalis,” she said.

As BJP MLAs shouted “Mamata chor,” Banerjee countered by raising slogans inside the House, “Modi is the biggest thief. Modi thief, Amit Shah thief, BJP thief." She alleged, “BJP is a vote chor, they have stolen people’s mandate to win elections." Banerjee invoked Bengal’s contribution to the freedom struggle, citing the Andaman Cellular Jail where a large number of inmates had been from Bengal.

“Where were they during the independence movement? Their predecessors were engaged in ‘dalali’ for the British. Today, they brand Bengali as a foreign language. Shame on them,” she thundered.

“Even if my throat is cut, I will speak in Bengali. Bengali is the second-most spoken language in Asia and fifth in the world. To disrespect it is not just anti-Bengali but anti-national,” she said.

Referring to recent comments by BJP IT cell head Amit Malviya that “there is no language called Bengali,” Banerjee said the remark exposed the party’s contempt for regional identity.

“They are trying to defame Bengali, but no one will tolerate it. The people of Bengal will give them a fitting reply democratically,” she said.

Lacing her address with sharp barbs, Banerjee branded the BJP as a party of “turncoats and thieves".

“One, two, three, four… BJP shob theke boro chor (BJP is the biggest thief)! You insult Bengal, its people, its language, and then expect votes? You misuse money, muscle power and central agencies like the CBI, ED and ECI to win elections. But the people of Bengal will not forgive you,” she said.

The chief minister also linked the Centre’s order to alleged harassment of Bengali-speaking and tribal communities.

“You are saying that those who came till 2024, barring Muslims, will not face any trouble. Then why did you arrest a Rajbanshi in Cooch Behar and Alipurduar? Why torture Matuas in Mumbai and our tribal brothers and sisters elsewhere?” she asked.

Banerjee accused the BJP of betraying Mahatma Gandhi’s legacy, saying, “They are Nathuram Godse’s party. The nation will never forgive the killers of Gandhiji. BJP hatao, desh bachao!" Claiming credit for the GST Council’s recent decision to slash tax rates on several essentials, including health and life insurance, Banerjee said, “I had demanded that insurance be exempted from GST. They were forced to do it. It was our protest that led to this change." Concluding her fiery speech, the TMC supremo vowed to resist what she called attempts to undermine democracy and Bengal’s identity.

“We will not allow anyone to snatch away citizens’ rights. Bengal gave India the national anthem and the national song. We will not allow this legacy to be erased. Remember, we are citizens because of our freedom fighters, not at your mercy,” she said. PTI PNT NN

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