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    CCI approves acquisition of certain shareholding in FarMart Service Pvt Ltd by Impact Fund Denmark, Belgian Investment Company for Developing Countrie...
    Frequently Asked Questions (FAQs) on Strategic Restructuring of IDBI Bank Ltd.
    Government Approves Strategic Restructuring of IDBI Bank Ltd.
    Central Bureau of Narcotics (CBN) strengthens Nasha Mukt Bharat vision by dismantling vast illicit cannabis cultivation in Himachal Pradesh
    DRI busts illegal import of more than 73,00,000 kg of Pakistan-origin rock salt; four arrested
    Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman to embark on an official visit to Bangkok, Thailand, from 14th to 18th Octobe...
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    PM GatiShakti National Master Plan completes five years of transforming India’s infrastructure landscape
    NLMC’s first end-to-end e-auction of RINL land parcels generates ₹366.33 Crore in successful bids on Day 1, 150 plots sold
    CBI Arrests Bhopal CGST Superintendent while accepting Rs 2 Lakh Bribe
    Union Finance Minister Smt. Nirmala Sitharaman concludes successful visit to Singapore, focusing on strengthening investment and financial cooperation
    Commerce and Industry Minister Shri Piyush Goyal Calls for Doubling India-UK Bilateral Trade by 2030
    Joint Statement of the 16th Meeting of the India–UK Joint Economic and Trade Committee (JETCO)
    Union Minister of Commerce and Industry Shri Piyush Goyal Emphasises a Twin-Track Approach of Global Technologies and Employment Generation
    Central Bureau of Narcotics (CBN) M.P. Unit seizes over 4.2 tonnes of poppy straw in two operations; Three persons arrested
    DRI seizes around 5.8 kg foreign-origin gold worth Rs. 9 crores from a secret cavity in car, uncovering a sophisticated gold smuggling modus operandi;...
    DRI cracks down on gold smuggling from Bangladesh in Eastern Region; seizes over 7.8 kg foreign-origin gold; six arrested
    DRI seizes around 5.75 kg crystal meth from train passenger in a crack down on drug trafficking; one arrested
    Minister of State for Coal and Mines inaugurates Third National Conference and Exhibition on Corporate Social Responsibility (NCCSR 2026)
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October 14, 2026
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Competition clearance permits development finance and alternative investment funds to acquire equity in an agricultural commodities trading business.
Competition clearance has been granted for the acquisition of certain equity shareholding in FarMart Service Private Limited by Impact Fund Denmark, Belgian Investment Company for Developing Countries SA/NV, and Orios Fund IIIa. FarMart conducts business-to-business trading, purchasing and selling of agricultural products and commodities in India and international markets. The acquiring investors include development finance institutions and a sub-fund of a SEBI-registered Category II alternative investment fund.
October 14, 2026
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Strategic bank restructuring requires independent valuation, qualified bidding, regulatory fit-and-proper review, and a compliance roadmap before ownership transfer.
Strategic restructuring of IDBI Bank Ltd. involves the sale of 60.72% of its shareholding to an approved Strategic Buyer, comprising holdings of the Government of India and LIC. Qualified bids were evaluated against a benchmark derived from independent Market Multiple and Asset Valuation methods, with volatile stock-market prices disregarded. Further steps require fit-and-proper assessment, a regulatory compliance roadmap, withdrawal of government and LIC board nominees, and management or sale of their residual shareholdings under applicable procedures.
October 14, 2026
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Strategic bank divestment requires fit and proper screening, independent valuation, competitive bids, and continuing regulatory compliance.
Strategic restructuring of IDBI Bank Ltd. has been approved through sale of a 60.72% equity stake to a strategic buyer, with residual holdings retained by the Government of India and LIC. Bidder participation required fit-and-proper and security clearances. After initial bids fell below the reserve price, best offers were assessed against independent enterprise valuations based on the Market Multiple Method and Asset Valuation Method. The successful bid exceeded the benchmark and both fair-value estimates. Completion remains subject to regulatory credentials and a compliance roadmap.
October 14, 2026
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Illicit cannabis cultivation enforcement combines source destruction, technology-assisted identification, and alternative crop development to disrupt narcotics supply chains.
Operation Parivartan uses ground surveys and drone technology to identify and destroy illicit cannabis cultivation at source, with Forest and Police Department support in difficult terrain. It also incorporates public dialogue and alternative crop development under the NDPS Policy 2012. CBN, as the apex drug law-enforcement and regulatory agency under the Department of Revenue, is responsible for identifying and destroying illicit cannabis and opium cultivation and continues such operations nationwide.
October 14, 2026
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Import prohibition on Pakistani-origin goods: third-country routing and fabricated origin records triggered customs enforcement and arrests.
India's prohibition on direct or indirect import or transit of Pakistani-origin goods is alleged to have been circumvented through third-country routing and false origin documentation. Operation Deep Manifest identified rock salt imports routed through Colombo with purported UAE-issued certificates of origin and invoices. Preliminary investigation linked importers to an alleged transnational network using fabricated trade records and false declarations of origin. Containers, bank-held sales proceeds and Pakistan-origin dry dates were seized, and four persons were arrested under the Customs Act, 1962.
October 14, 2026
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International financial cooperation will guide multilateral and bilateral discussions on economic outlook, reform priorities, investment opportunities, and infrastructure financing.
India's Finance Minister will participate in multilateral and bilateral economic discussions addressing economic developments, financial-sector issues, the global economic outlook, development priorities, international financial cooperation, and reform of the international financial architecture. Related engagements will examine trade resilience, investment opportunities, and mobilisation of private capital for urban and water infrastructure, while highlighting India's economic performance and reform priorities.
October 14, 2026
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GST annual return filing requires prior GSTR-1 and GSTR-3B filing before access to annual return forms.
GSTR-9/9C annual return filing for FY 2025-26 is enabled on the GST portal from 8 October 2026. Access to the annual-return filing tile requires filing all GSTR-1 and GSTR-3B returns for the relevant financial year. Taxpayers requiring filing assistance may submit a support ticket through the GSTN helpdesk.
October 13, 2026
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Automated GST registration and refunds streamline compliance through risk-based processing, electronic verification, and limited officer intervention.
GST refund administration is proposed to use phased risk-based system processing, with acknowledgement or deficiency action within ten days, deemed acknowledgement on inaction, automated provisional refund for eligible low-risk zero-rated and inverted-duty claims, and fully automated refund of excess electronic cash-ledger balances. Validation failures require correction and fresh filing or referral for officer scrutiny, while final scrutiny remains applicable in specified cases. Applicants must file all due returns and submit supporting material electronically. Delayed-refund interest applies beyond the statutory period, and eligible input-service and capital-goods credit is proposed to be included in prescribed refund computations.
October 13, 2026
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Integrated infrastructure planning under PM GatiShakti uses geospatial data and coordinated appraisal to strengthen multimodal connectivity and logistics efficiency.
PM GatiShakti National Master Plan uses an integrated geospatial planning framework to coordinate infrastructure, economic and social-sector development. The framework supports multimodal connectivity, intermodal links, last-mile access, project appraisal and synchronised implementation. It has expanded to district-level planning for local services and is supported by public-access, knowledge-sharing, decentralised data-management and monitoring systems. The Integrated Transport and Logistics Authority is intended to strengthen transport and logistics research, planning, appraisal, monitoring and impact assessment.
October 13, 2026
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Public asset e-auctions enable transparent land monetisation through registration, due diligence, and competitive online bidding.
NLMC's first end-to-end e-auction monetised surplus RINL land through transparent, competitive online bidding, selling 150 plots at bids above the aggregate reserve price. The process is coordinated with the asset owner and includes bidder outreach, registration, documentation, Earnest Money Deposit requirements, and online participation. A final phase for the remaining parcels requires timely registration, review of reserve prices, eligibility conditions and participation requirements, due diligence, and completion of prescribed formalities.
October 13, 2026
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Bribery allegations involving tax enforcement powers led to arrest during an alleged acceptance of undue advantage.
Bribery allegations concern a CGST Superintendent accused of demanding a monthly undue advantage from a scrap-business proprietor in exchange for not intercepting scrap vehicles or obstructing the business. A criminal case was registered, and a trap operation resulted in the Superintendent being apprehended while allegedly accepting the demanded undue advantage. Searches recovered cash and immovable-property documents, and the investigation remains ongoing.
October 13, 2026
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Financial connectivity and investment cooperation focused on institutional capital, digital finance, and strategic-sector investment opportunities.
Bilateral investment and financial cooperation between India and Singapore focused on mobilising long-term institutional capital, expanding financial connectivity, and increasing investment in infrastructure and strategic sectors. Investment discussions covered AI-related infrastructure, semiconductors, renewable energy, manufacturing, MSMEs, trade finance, healthcare and food supply chains. Financial-technology dialogue addressed asset tokenisation, digital money, CBDCs, interoperability and trusted settlement arrangements, alongside possible cooperation on their use in financial markets.
October 12, 2026
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CETA implementation prioritises accessible origin rules, customs guidance, and business engagement to expand bilateral trade and investment.
Effective CETA implementation depends on accessible tariff schedules, rules of origin and documentation guidance, together with support for businesses navigating tariff reductions, customs procedures, regulatory requirements and procurement opportunities. Committees, working groups and a joint utilisation review are intended to receive business feedback, address implementation issues and improve use of the agreement. Sectoral round tables, delegations and exhibitions, along with mutual recognition and capacity-building, are envisaged to support new exporters, product lines, investment and partnerships.
October 12, 2026
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CETA implementation establishes annual utilisation data exchanges and institutional mechanisms to support preferential trade and resolve business barriers.
CETA implementation includes annual exchanges of utilisation data and business feedback, beginning one year after entry into force, to identify barriers to preferential tariff use and support needs. Committees, working groups and government contact points will be established to maintain operational implementation and address emerging issues. Certificates of Origin issued through self-certification support claims for preferential treatment, while tariff-rate quotas apply to specified vehicle imports.
October 12, 2026
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Trade openness and domestic manufacturing are positioned to expand technology access, investment, employment, and global competitiveness.
Global market engagement through Free Trade Agreements is paired with domestic manufacturing and employment objectives. Access to advanced technologies and electronics is linked to investment in electronics, white goods and semiconductor manufacturing. Tourism, demographic advantage and international demand for Indian workers are identified as employment opportunities. Car-import quota arrangements with the United Kingdom and European Union are described as focused on expensive vehicles, while domestic automobile manufacturing and world-class quality standards are positioned as central to global competitiveness.
October 12, 2026
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NDPS enforcement targets concealed poppy straw trafficking through intelligence-led vehicle interceptions, seizures, arrests, and continuing network investigation.
NDPS Act enforcement involved two intelligence-based vehicle interceptions leading to seizure of 4,209.80 kg of concealed poppy straw, two vehicles and wheat bags used as cover cargo. Three persons were arrested under the relevant provisions. The recovered contraband included lanced poppy straw, unlanced poppy straw and poppy straw powder. Investigation continues to identify the source, intended recipients and other persons connected with the trafficking network.
October 12, 2026
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Gold smuggling through engineered vehicle cavities triggered customs seizure and arrests after intelligence-led interception of interstate transport routes.
Intelligence-led customs enforcement intercepted a car travelling from Kolkata to Hyderabad at Visakhapatnam and recovered 5,832.90 grams of 24-carat foreign-origin gold from a specially fabricated cavity beneath the front co-passenger seat leg space. The occupants reportedly admitted that the gold had been smuggled into India through the Indo-Bangladesh border. The gold was seized under the Customs Act, 1962, and both occupants were arrested.
October 12, 2026
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Cross-border gold smuggling faces intelligence-led seizures where transporters cannot substantiate lawful possession or procurement of foreign-origin gold.
Intelligence-led enforcement against cross-border gold smuggling resulted in the seizure of foreign-origin gold moved through road and railway corridors connecting Bangladesh-border areas and Tripura with Kolkata. Vehicle occupants and railway passengers failed to furnish documents supporting lawful possession or procurement of the gold. Investigations linked gold recovered in bangles and bars to material smuggled across the Indo-Bangladesh border and indicated the involvement of an organised syndicate using transport routes to move gold towards major markets.
October 12, 2026
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Methamphetamine trafficking enforcement treats unauthorised possession and transport above the commercial threshold as serious NDPS offences.
Methamphetamine is regulated as a psychotropic substance under the Narcotic Drugs and Psychotropic Substances Act, 1985. Unauthorised possession, manufacture, sale, purchase, transport, import or export is punishable according to the offence and quantity. The seized quantity exceeds the notified commercial quantity threshold of 50 grams; offences involving that category attract rigorous imprisonment from 10 to 20 years and a monetary fine under the Act.
October 12, 2026
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Corporate social responsibility governance requires board oversight, impact measurement, sectoral alignment and stakeholder convergence for measurable development outcomes.
Corporate social responsibility is treated as a component of corporate governance requiring company-level responsibility, Board oversight, public disclosure and impact assessment. Strategic CSR decision-making should be based on identified needs, implementation capacity, geographic and thematic relevance, measurable outcomes, monitoring and accountability. Sector-specific approaches, including the Comprehensive CSR Framework for Indian Coal Companies, support structured and need-based interventions. CSR reporting aligned with the Sustainable Development Goals enables assessment of corporate contributions, while credible impact measurement, transparency and stakeholder engagement support social-sector financing and purposeful CSR implementation.

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September 5, 2025

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New Delhi, Sep 5 (PTI) Following are the top stories at 9.05 pm: TOP STORIES DEL59 MEA-LD INDOUS-TRUMP India declines to comment on Trump's latest remarks; but firmly rejects Navarro's criticism New Delhi: India on Friday declined to respond to US President Donald Trump's remarks that New Delhi is inching closer to China even as it rejected as "inaccurate and misleading" White House Trade advisor Peter Navarro's attack on it for procurement of Russian crude oil.

FGN57 US-LUTNICK-INDIA

India will be at negotiating table 'in a month or two': Lutnick New York/Washington: Terming India as the ‘vowel’ between Russia and China in the BRICS grouping, US Commerce Secretary Howard Lutnick on Friday said New Delhi will be at the negotiating table and will try to make a deal with President Donald Trump in a couple of months. By Yoshita Singh

BOM31 MH-BOMB THREAT-LD POLICE Police on alert as threat message on WhatsApp claims 14 'terrorists' in Mumbai with RDX Mumbai: The Mumbai police are on alert after receiving a threat message claiming 14 terrorists had entered the city with 400 kilograms of RDX that had been planted in 34 vehicles, an official said on Friday.

NATION DEL46 MEA-INDIA-UKRAINE India supports early end to Ukraine conflict: MEA New Delhi: India on Friday said it supports an early end to the Ukraine conflict and return of an enduring peace in the region.

DEL57 FLOOD ADVISORY-CWC 22 river monitoring stations record severe flood situation: CWC New Delhi: The Central Water Commission on Friday warned of widespread flooding across several states, with 22 river monitoring stations reporting 'severe flood' situation and 23 others 'above normal' water levels.

DEL41 GST-LD BJP Centre to keep vigil to ensure GST benefits passed fully to consumers: Goyal New Delhi: The Centre will keep vigil to ensure that the benefits of GST rationalisation are passed on fully to consumers, Union minister Piyush Goyal said on Friday, stating that the industry has given him assurance that the entire fall in taxes on various items will be reflected in their prices.

BOM30 MH-AJIT PAWAR-IPS-BAWANKULE Bawankule defends Ajit Pawar over IPS officer row; says he can never exert pressure for illegal work Mumbai: Maharashtra Revenue Minister Chandrashekhar Bawankule on Friday came out in defence of Deputy Chief Minister Ajit Pawar, who is facing flak over a viral video that showed him rebuking a woman IPS officer and asking her to stop action against illegal soil excavation.

BOM23 MH-SHILPA SHETTY-LD POLICE Lookout circular issued against actor Shilpa Shetty, husband Raj Kundra in Rs 60 crore cheating case Mumbai: The Mumbai police have issued a Lookout Circular (LOC) against Bollywood actor Shilpa Shetty and her businessman husband Raj Kundra in connection with a Rs 60 crore cheating case, officials said on Friday.

CAL22 BH-BIDIS-ROW X post on proposed drop in GST rates for 'bidis' triggers row in Bihar between BJP and Cong Patna: The BJP and Congress locked horns in Bihar on Friday over a social media post by the opposition party, which allegedly made disparaging remarks about the state while criticising the reduction in GST rates for "bidis".

DEL50 DEF-CDS-CHALLENGE-LD CHINA Border dispute with China biggest security challenge followed by Pakistan's proxy war: CDS Gen Chauhan New Delhi: The unresolved boundary dispute with China is the biggest national security challenge followed by Pakistan's proxy war and its strategy of "bleeding India by a thousand cuts", Chief of Defence Staff Gen Anil Chauhan said on Friday.

MDS13 KA-DHARMASTHALA-NIA-CM Karnataka CM says SIT probing Dharmasthala case, downplays demand for NIA probe Bengaluru: Karnataka Chief Minister Siddaramaiah on Friday downplayed calls for a National Investigation Agency (NIA) probe into allegations of multiple murders, rapes and burials in Dharmasthala, saying the case is already being investigated by the state police through a Special Investigating Team (SIT).

LEGAL LGD8 CJI-JUDICIARY Judiciary serves as bridge between people and Constitution: CJI B R Gavai New Delhi: Chief Justice of India B R Gavai on Friday said judiciary served as a bridge between the aspirations of the people and the ideals enshrined in the Constitution.

BUSINESS DEL56 BIZ-2NDLD-VEDANTA-JAIPRAKASH Vedanta beats Adani Group with Rs 17,000 cr bid to acquire JAL New Delhi: Mining conglomerate Vedanta on Friday beat Gautam Adani's Group to make a winning bid for the acquisition of debt-ridden Jaiprakash Associates (JAL) for Rs 17,000 crore, according to sources.

DEL43 BIZ-RESULTS-SPICEJET SpiceJet flies into red; posts Rs 238 cr loss in Jun quarter mainly on higher costs New Delhi: Flying into the red, SpiceJet on Friday reported a net loss of Rs 238 crore for the three months ended June, saying expenses related to grounded aircraft and subdued leisure travel demand impacted the financials.

DEL40 BIZ-GOLD-PRICE Gold jumps Rs 900 near record high on rupee weakness, Fed rate cut hopes New Delhi: Gold prices jumped by Rs 900 to Rs 1,06,970 per 10 grams in the national capital on Friday, inching closer to record high levels on fresh buying by stockists and firm global trends.

FOREIGN FGN52: PAK-CHINA-CPEC

Pak, China launch second phase of CPEC, ink USD 8.5 bn deals Islamabad: Pakistan and China have formally launched the second phase of the controversial CPEC project and signed 21 agreements and joint ventures worth about USD 8.5 billion.

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