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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.
September 23, 2026
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Diplomatic engagement amid armed conflict continues as parties discuss reopening strategic waterways, energy security, and a potential negotiated settlement.
Diplomatic engagement between the United States and Iran resumed amid an ongoing armed conflict. The engagement concerned reopening the Strait of Hormuz and returning to negotiations toward a settlement, while the United States position combined willingness to engage with threats of escalated military action if an agreement was not reached. Regional consultations also addressed risks to oil carriage, energy supplies, and navigation through strategic waterways.
September 23, 2026
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Bilateral comprehensive trade agreement negotiations aim for conclusion at the G20, supporting diversification and renewed economic ties.
Comprehensive trade agreement negotiations between Canada and India are progressing, with both governments aiming to conclude discussions by the mid-December G20 summit. Formal negotiations commenced in March, accompanied by a broader commitment to complete the agreement by the end of 2026. The proposed arrangement forms part of renewed bilateral economic engagement and Canada's strategy to diversify trade relationships, strengthen market access and reduce dependence on a single market.
September 23, 2026
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Diesel export restrictions may worsen refinery constraints and consumer fuel costs amid global refining capacity disruptions.
Possible restrictions on diesel exports are being considered to address rising domestic diesel prices amid disruption to global refining capacity. Oil industry representatives oppose an export ban, contending that it could aggravate refinery-sector constraints and worsen supply conditions. They advocate increased supply and operational flexibility instead of new export restrictions, while farm-state senators support a diesel export ban.
September 22, 2026
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District-led economic development will align local resources, enterprise support and export promotion to strengthen regional economic opportunities.
The Uttar Pradesh Enabling District-Led Economic Growth project is proposed to convert district-specific resources into investment, employment, entrepreneurship and export opportunities. Its framework combines economic activity with stronger local administration and major investment proposals suited to local needs. Economic diversification is to expand manufacturing and services alongside agriculture, while local products are to receive improved design, packaging and access to global markets. Proposed measures also include enterprise development, women entrepreneurship, skills training, healthcare, agricultural processing and polyhouse development.
September 22, 2026
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Healthcare access integration enables local outpatient ticketing and appointment booking through banking correspondents, alongside employee banking and patient-support initiatives.
The partnership integrates SKIMS outpatient ticketing and appointment booking with J&K Bank's Banking Correspondent network on a six-month pilot basis, enabling local access for patients in rural and remote areas. J&K Bank serves as SKIMS's banking partner, offers customised employee banking benefits, supports hospital infrastructure through corporate social responsibility assistance, enables public contributions to the poor-patient endowment fund through a mobile application, and provides digital financial literacy and wealth-management programmes.
September 22, 2026
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Money-laundering searches prompt allegations of pressure on an urban development body and disruption of welfare delivery programmes.
Survey and search operations under the Prevention of Money Laundering Act covered 26 premises, including the Greater Mohali Area Development Authority office and the Principal Secretary for Housing and Urban Development. AAP alleged that the action was intended to create fear and pressure among government officers and impede welfare and development initiatives. It described GMADA as a revenue-generating authority whose resources support public welfare, urban infrastructure and planned development.
September 22, 2026
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Public recruitment money laundering allegations include payments, examination-paper access, and recruitment-rule changes allegedly facilitating selected candidates.
Money-laundering proceedings concerning alleged irregularities in public-service recruitment examinations include a prosecution complaint against the former CGPSC chairman and others. Allegations concern payments to facilitate selections, access to examination papers for candidates, and collection of consideration. A former examination official is alleged to have aided a recruitment-rule amendment removing "nephew" from the definition of family, allegedly facilitating selection of relatives. The investigation is linked to an economic-offences FIR, a CBI complaint and related chargesheets.
September 22, 2026
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Five-day banking demand drives a proposed nationwide bank strike after conciliation remains inconclusive during half-yearly closing.
Proposed nationwide three-day bank strike from 28-30 September 2026 follows an inconclusive conciliation meeting. The strike is linked principally to the demand for five-day banking, with reconsideration contingent on concrete and positive progress toward its implementation. Other demands cover pension upgradation, a uniform dearness allowance formula for pensioners, and an option for National Pension System-covered employees to switch to the old pension scheme.
September 22, 2026
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PMLA maintainability turns on whether a private complaint can initiate money-laundering proceedings without a predicate-offence FIR.
Maintainability of PMLA proceedings is contested where the alleged scheduled offence originates in a private complaint rather than an FIR. Respondents contend that a private complaint cannot form the basis for an Enforcement Case Information Report, money-laundering investigation, or prosecution, because the statutory framework recognises predicate-offence action through an FIR or a complaint by a person authorised to investigate.
September 22, 2026
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Related-party transaction disclosure and audit-report compliance proceedings conclude through settlement without admissions by five companies.
Securities-market settlement proceedings concerning five Adani group companies addressed alleged non-compliance with listing-related disclosure and audit-report requirements. Allegations included failure to disclose certain related-party transactions and audit or limited-review reports signed by firms lacking a valid peer review certificate. While adjudication remained pending, the companies proposed settlement without admitting or denying the findings of fact or conclusions of law.
September 22, 2026
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Social media publication of court-related affidavits in pending money-laundering proceedings must not displace submissions through judicial process.
Use of court-related affidavits in pending money-laundering proceedings must remain within the judicial process. The Bombay High Court cautioned Vijay Mallya against publishing on social media an Enforcement Directorate affidavit served on his legal team before its submission to the court, stating that parties should place their submissions before the court and that such publication undermines the efficacy of judicial proceedings.
September 22, 2026
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Related-party transaction disclosure and auditor peer-review compliance failures were resolved through settlement without admissions by listed companies.
SEBI settled adjudication proceedings against five listed companies concerning alleged related-party transaction disclosure failures, corporate-governance compliance, and audit or limited-review reports signed without valid peer review certification. The companies sought settlement without admitting or denying the findings of fact or conclusions of law after a show-cause notice proposed inquiry and penalties. The settlement terms were recommended by the High Powered Advisory Committee, accepted by the Panel of Whole Time Members, and implemented upon receipt of the prescribed settlement amounts.
September 22, 2026
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Luxury wedding venture Aria Weddings integrates planning, production and storytelling to deliver bespoke celebrations across selected destinations.
Aria Weddings is launched by Bizspoke Pvt. Ltd. and Sol Production LLP as a luxury weddings and celebrations venture offering end-to-end planning, design and execution for personalised, experience-led celebrations across India and select international destinations. Its services cover concept development, experience and de cor design, entertainment, production, on-ground execution, photography, films and other visual content.
September 22, 2026
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Related-party transaction disclosure compliance resolves adjudication proceedings concerning alleged listing and audit peer-review certification violations.
SEBI settled adjudication proceedings involving five Adani group companies concerning alleged non-disclosure of certain related-party transactions under listing regulations and the erstwhile listing agreement. The settlement also covered audit or limited-review reports signed by audit firms without valid peer-review certificates, with the entities collectively paying Rs 1.50 crore under the settlement terms.
September 22, 2026
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Money-laundering enforcement includes searches of public-development and housing-administration offices as part of a PMLA investigation.
Enforcement Directorate searches at the Greater Mohali Area Development Authority and the office of Punjab's Principal Secretary for Housing and Urban Development form part of a PMLA investigation. The enforcement action is directed at institutional and official premises connected with public development and housing administration in Punjab, involving a development authority and a senior housing-administration office.

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Senator Rasha Kelej Received The Gambia First Lady at the 7th Edition of Merck Foundation First Ladies Initiative Summit to Discuss Their Joint Programs to Build Healthcare Capacity

September 5, 2025

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Mumbai, Maharashtra, India & Banjul, The Gambia – Business Wire India Merck Foundation, the philanthropic arm of Merck KGaA Germany, conducted the 7th Edition of Merck Foundation First Ladies Initiative - MFFLI Summit 2025 recently. It was inaugurated by Prof. Dr. Frank Stangenberg-Haverkamp, Chairman of Merck Foundation Board of Trustees, and Senator, Dr. Rasha Kelej, CEO of Merck Foundation & President of Merck Foundation First Ladies Initiative and H.E. Mrs. FATOUMATTA BAH-BARROW, First Lady of the Republic of The Gambia and Ambassador of Merck Foundation “More Than a Mother” along with First Ladies of Angola, Cabo Verde, Central African Republic, Gabon, Ghana, Kenya, Liberia, Maldives, Mozambique, Nigeria, São Tomé & Príncipe, Senegal, and Zimbabwe. Senator Dr. Rasha Kelej expressed, “I am delighted to have my dear sister, H.E. Mrs. FATOUMATTA BAH-BARROW, First Lady of the Republic of The Gambia, and Ambassador of Merck Foundation “More Than a Mother” for our Merck Foundation First Ladies Initiative Summit. We have achieved a lot since our partnership journey began in 2017. We have provided 87 scholarships for local Gambian doctors in many critical and underserved specialties like Fertility & Embryology, Oncology, Diabetes, Endocrinology, Sexual & Reproductive Care, Neonatal Care, Internal Medicine, Respiratory Medicine, Acute Medicine and more. Together, we are making history in The Gambia by providing training to first specialists in many fields such as Oncology, Respiratory, Fertility, Embryology, Reproductive Care, Diabetes, Endocrinology, and we will continue to transform the patient care in The Gambia by achieving many more milestones.” H.E. Mrs. FATOUMATTA BAH-BARROW, First Lady of the Republic of The Gambia, and Ambassador of Merck Foundation “More Than a Mother shared, “I am very excited and pleased to be a part of the 7th edition of Merck Foundation First Ladies Initiative Summit. I have witnessed the year-on-year success of this notable platform that gives all of us a chance to discuss strategies to better the future of Africa and Asia. I am very proud of our partnership that is existing since 2017 as we have achieved significant milestones together. We have provided 87 scholarships for our young Gambian doctors. This is a very high number for our country and will contribute significantly to The Gambia's health security and its economic and social development. I am also proud to share that through the ‘Educating Linda’ program, we are also supporting the education of 40 high-performing yet underprivileged schoolgirls annually in our country. This meaningful support is not only empowering these young girls with knowledge, but also giving them the opportunity to shape a brighter and more secure future for themselves, their families, and their communities.” Watch the Speech of The First Lady of The Gambia & Ambassador of Merck Foundation More Than a Mother during the Merck Foundation First Ladies Initiative Summit 2025 here: https://youtu.be/OeOLoyBvUB0 Watch the video of Merck Foundation CEO, Senator, Dr. Rasha Kelej, receiving H.E. Mrs. FATOUMATTA BAH-BARROW, The First Lady of The Gambia, and Ambassador of Merck Foundation “More Than a Mother”: https://youtu.be/SA5aNDph1wU On day 2 of the Summit, Merck Foundation First Ladies Initiative - MFFLI committee meeting was conducted between The First Ladies of Africa and Merck Foundation Chairman and CEO, where the African and Asian First Ladies shared the impact report of Merck Foundation programs in their respective countries, and future strategy was discussed. Watch the video of MFFLI committee meeting: https://youtu.be/G2YlJgkagNQ Together with The Gambia First Lady, Merck Foundation has provided 87 scholarships for local doctors in The Gambia in many critical and underserved specialties. Out of 87 scholarships: • 27 Scholarships have been provided in the vital field of oncology, so that the patients can receive quality and equitable cancer care in their home country. • 23 Scholarships have been provided for our doctors for hands-on training in Fertility and Embryology, as well as for One-Year Postgraduate and Two-Year Master's Degrees in Sexual and Reproductive Care. 4 Scholarships have been provided for Diabetes Care. This has and will continue to significantly contribute to advancement of women’s health and revolutionize the Reproductive and Fertility care in The Gambia. • Additionally, 4 Scholarships have been provided for our doctors in specialized fields of Respiratory Care, Acute medicine, Infectious Diseases, and Neonatal Care. • 2 scholarships have been provided for Diabetes Master Degree. After the completion of the program, these doctors will be able to start their own clinics, providing diabetes care to the people in their own country. “Merck Foundation has always believed in the importance of building healthcare capacity and has been working for it since 2012. We have so far provided 2280 scholarships for doctors from 52 countries in 44 underserved medical specialties. We will continue to build and enhance healthcare capacity in the Gambia together with my dear sister Gambia First Lady and their Health Ministry," added Senator, Dr. Rasha Kelej. Merck Foundation has also conducted 3 editions of their Online Health Media Training in partnership with the Office of First Lady, to emphasize on the important role of media to address these critical social and health issues and be the voice of the voiceless. Moreover, Merck Foundation also announced the Call for applications for their 8 important awards in partnership with The First Lady of The Gambia for Media, Musicians, Fashion Designers, Filmmakers, students, and new potential talents in these fields. Moreover, in partnership with The First Lady of The Gambia, Merck Foundation has also launched seven children’s storybooks, “More Than a Mother”, “Educating Linda”, “Jackline’s Rescue”, “Not Who You Are”, “Ride into the Future” and “Sugar free Jude”, and “Mark’s Pressure”. The storybooks address various social and health issues like breaking infertility stigma, supporting girl education, stopping GBV, diabetes and hypertension awareness. The 7th Edition of Merck Foundation First Ladies Initiative was streamed live on the social media handles of Merck Foundation and Senator, Dr. Rasha Kelej, CEO of Merck Foundation: @Merck Foundation: Facebook, X, Instagram, and YouTube. @Rasha Kelej: Facebook, X, Instagram, and YouTube. Link to the YouTube live stream of Inaugural Session of Merck Foundation First Ladies High Level Panel: https://youtube.com/live/1xIeh0TCAuw Merck Foundation is transforming the Patient care landscape and making history together with their partners in Africa, Asia, and beyond, through: • 2280+ Scholarships provided by Merck Foundation for doctors from 52 Countries in more than 44 critical and underserved medical specialties. Merck Foundation is also creating a culture shift and breaking the silence about a wide range of social and health issues in Africa and underserved communities through: • 3700+ Media Persons from more than 35 countries trained to better raise awareness about different social and health issues • 8 Different Awards launched annually for best media coverage, fashion designers, films, and songs • Around 30 songs to address health and social issues, by local singers across Africa • 8 Children’s Storybooks in three languages - English, French, and Portuguese • 7 Awareness Animation films in five languages - English, French, Portuguese, Spanish and Swahili to raise awareness about prevention and early detection of Diabetes & Hypertension and supporting girl education. • Pan African TV Program "Our Africa by Merck Foundation” addressing Social and Health Issues in Africa through “Fashion and ART with Purpose” Community • 950+ Scholarships provided to high performing but under-privileged African schoolgirls to empower them to complete their studies • 15 Social Media Channels with more than 8 Million Followers Click the link below to Download Merck Foundation App https://www.merck-foundation.com/MF_StoreRedirection Join the conversation on our social media platforms below and let your voice be heard Facebook: Merck Foundation X: @MerckFoundation YouTube: MerckFoundation Instagram: Merck Foundation Threads: Merck Foundation Flickr: Merck Foundation Website: www.merckfoundation.com About Merck Foundation The Merck Foundation, established in 2017, is the philanthropic arm of Merck KGaA Germany, aims to improve the health and wellbeing of people and advance their lives through science and technology. Our efforts are primarily focused on improving access to quality & equitable healthcare solutions in underserved communities, building healthcare & scientific research capacity, empowering girls in education and empowering people in STEM (Science, Technology, Engineering, and Mathematics) with a special focus on women and youth. All Merck Foundation press releases are distributed by e-mail at the same time they become available on the Merck Foundation Website. Please visit www.merck-foundation.com to read more. Follow the social media of Merck Foundation: Facebook, X, Instagram, YouTube, Threads, and Flickr. The Merck Foundation is dedicated to improving social and health outcomes for communities in need. While it collaborates with various partners, including governments to achieve its humanitarian goals, the foundation remains strictly neutral in political matters. It does not engage in or support any political activities, elections, or regimes, focusing solely on its mission to elevate humanity and enhance well-being while maintaining a strict non-political stance in all of its endeavors. To View the Image, Click on the Link Below: Senator Dr. Rasha Kelej, Merck Foundation CEO with H.E. Mrs. FATOUMATTA BAH-BARROW, First Lady of The Gambia at the 7th Edition of Merck Foundation First Ladies Initiative Summit (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI

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