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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.
September 25, 2026
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Interest-free working capital assistance for FCV tobacco growers supports liquidity, institutional loan repayment, crop inputs, and reduced private borrowing.
A one-time, interest-free working-capital loan of Rs. 50,000 per barn is approved for FCV tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme. Covering about 44,000 growers, the assistance is proposed to be delivered through direct benefit transfer. It is intended to provide liquidity for household requirements, institutional loan repayment and crop inputs, while reducing dependence on private borrowing.
September 25, 2026
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Government securities auction calendar establishes retail bidding access, flexible issuance terms, greenshoe subscriptions, and periodic debt switch operations.
Each auction carries a non-competitive bidding facility, under which five per cent of the notified amount is reserved for specified retail investors. The Government may modify indicated amounts, issuance periods and maturities, and may issue instruments with non-standard maturities, floating-rate bonds or inflation-indexed bonds, having regard to governmental requirements, market conditions and other relevant factors. It may retain additional subscriptions through a greenshoe option and conduct switch or buyback auctions of dated securities.
September 25, 2026
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Market borrowing plan sets dated securities auctions, Treasury Bill issuance, redemption management, and temporary cash-flow support.
Government market borrowing for the second half of FY 2026-27 is to be raised through weekly auctions of dated securities, including Sovereign Green Bonds, across maturities from 3 to 50 years. Debt-management measures include switching and buyback operations to smooth the redemption profile and a greenshoe option for additional subscriptions. Treasury Bills are to be issued through weekly auctions in 91-day, 182-day and 364-day maturities. The Ways and Means Advances limit is fixed to address temporary mismatches in government accounts.
September 25, 2026
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GI-tagged agricultural exports expand farmer access to international markets through FPO-led value chains and higher price realisation.
APEDA facilitated the export of a one-metric-tonne consignment of GI-tagged Gulbarga Tur Dal from Karnataka to the Maldives through an FPO-led brand. Gulbarga Tur Dal has held GI registration since 2019. The export-linked channel provides farmers a realisation of Rs.82 per kg compared with a prevailing market price of Rs.60 per kg, while supporting closer integration of FPOs and farmers into export-oriented supply chains.

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Delhi Police busts 'Khilafat' terror module linked to Pakistan, 5 held in multi-state raids

September 11, 2025

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New Delhi, Sep 11 (PTI) The Special Cell of the Delhi Police has busted a Pakistan-handled pan-India terror module plotting to establish "Khilafat" in India by violent means with the arrest of five radicalised men from different states and the seizure of arms, ammunition and bomb-making chemicals in coordinated raids across Delhi, Jharkhand, Telangana and Madhya Pradesh, officials said on Thursday.

In what investigators described as a major counter-terror breakthrough ahead of the upcoming festive season, the arrests have dismantled a pan-India network that was working to create an underground base for jihadist training.

All the accused, led by a 23-year-old postgraduate from Jharkhand, were allegedly planning to acquire land to establish secret training facilities with the ultimate objective of waging "Gazwa-e-Hind" -- a radical Islamist concept envisioning the conquest of India through "jihad".

"The terror operatives were in touch with a Pakistan-based handler who guided them through encrypted social media platforms, radicalising them with extremist content and instructing them to collect weapons, chemicals and ammunition components.

"The group's aim was not just to prepare improvised explosive devices (IEDs) but also to create a self-sustaining ecosystem for manufacturing arms and spreading radical propaganda," Additional Commissioner of Police (Special Cell) Pramod Kushwah told a press conference here.

He said the Special Cell conducted the operation in close coordination with the police forces and anti-terrorism squads of Jharkhand, Telangana, Karnataka, Maharashtra and Madhya Pradesh.

"We have arrested Ashhar Danish alias CEO (23), a resident of Jharkhand's Bokaro and the mastermind of the module, Aaftab Nasir Qureshi (25), a resident of Kalyan in Mumbai, Sufiyan Abubakar Khan (20), a resident of Mumbra in Maharashtra, Mohammed Huzaif Yaman (20), a resident of Narsapur in Telangana and Kamran Qureshi alias Samar Khan (26), a resident of Rajgarh in Madhya Pradesh," Kushwah said.

Police said the coordinated action prevented the expansion of the module and averted possible terror strikes at a time when crowded markets, religious gatherings and public celebrations are expected in the coming weeks.

The group was planning to acquire land for secret terror training to establish a Caliphate with the ultimate objective of Gazwa-e-Hind, police said in a statement.

Danish was arrested from Ranchi. From his rented room, IED-making components and chemical substances were seized. He admitted that he had procured arms, ammunition and explosives in pursuance of a criminal conspiracy to establish a Caliphate through violent means, the statement said.

He further revealed that he was receiving instructions from a Pakistan-based handler and was in constant communication with other module members, police said.

"This plan, if successful, could have provided the group with a physical hub to expand their activities beyond online radicalisation," a source in the Special Cell said.

Sharing details about the arrest, Kushwah said the first breakthrough came on September 9, when a trap was laid near the Theme Park adjoining the Hazrat Nizamuddin railway station in Delhi and two suspects -- Aaftab Qureshi and Sufiyan Khan -- were intercepted while allegedly carrying two semi-automatic pistols (.32-bore) and 15 live cartridges. They were immediately arrested.

"Subsequent raids on September 10 in Ranchi, Thane, Bengaluru, Nizamabad and Rajgarh led to the arrests of the other accused. The most significant seizure was from mastermind Ashhar Danish's rented room in Ranchi, where police found chemicals, ammunition components and equipment for fabricating IEDs.

"Danish reportedly admitted to procuring arms, ammunition and explosives as part of a conspiracy to establish a Caliphate through violent means," the officer said.

Another accused, Mohammed Huzaif Yaman, a pharmacy student, was arrested from Nizamabad. He confessed to conducting experiments related to arms and ammunition under Danish's guidance. Kamran Qureshi, arrested from Rajgarh, revealed that he came into contact with Danish through social media groups, where speeches of clerics such as Tariq Masood, Tariq Jameel, Zakir Naik and Israr Ahmed were circulated to spread extremist propaganda.

Police said they have seized two semi-automatic pistols (.32-bore) and 15 live cartridges, a country-made firearm (.315-bore) and one live cartridge, one air gun (.22-bore), copper sheets, steel hollow pipes, ball bearings, all used in IED fabrication, chemical substances including sulphuric acid, nitric acid, sodium bicarbonate and sulphur powder, laboratory equipment such as weighing machines, beaker sets, safety gloves, respiratory masks and pH value checker, four knives, Rs 10,500 in cash, laptops, mobile phones and electronic circuits with diodes and motherboards.

They described the haul as significant, pointing out that the combination of chemicals, components and technical equipment indicated that the group had already advanced beyond mere planning to actual preparation of explosives.

Sharing profiles, police said born in Bokaro, Danish came from a middle-class family. His father is a practising lawyer and mother a homemaker.

A postgraduate in English from the Silli College in Ranchi, Danish reportedly became radicalised in 2024 after listening to online lectures of Israr Ahmad, a controversial cleric known for advocating Khilafat.

"To disguise his activities from surveillance, Danish created multiple social media profiles portraying himself as a company CEO, professor or NGO operator. He formed social media groups with up to 40 members where discussions revolved around the idea of establishing a Caliphate in India," Kushwah said.

The investigators said Danish personally procured sulphur for making gunpowder and copper plates for manufacturing cartridges. In August, he acquired a bullet and a country-made pistol to study as prototypes for weapons production.

Danish was also the central link connecting the others. He met Aaftab Qureshi and Izhar-Ul-Haq through social media, recruited Yaman via other social media platforms and added several members to radical online groups.

Aaftab Qureshi (25) studied up to Class 10 and assisted at his father's meat shop.

Active on social media, he started consuming radical content in 2020. His association with Danish was primarily online.

Sufiyan Abubakar Khan, 20, worked as a welder in Mumbra, police said. A school dropout after Class 5, he was introduced to extremist ideas by Aaftab Qureshi, who shared radical videos with him. On September 8, he accompanied Aaftab to Delhi to collect arms from a Mewat-based supplier.

Yaman, 20, was a third-year pharmacy student in Telangana, police added. Danish had persuaded him to believe that Muslims were facing "atrocities" in India and that an armed jihad was the solution, police said. He was tasked with learning the process of manufacturing firearms.

Kamran Qureshi alias Samar, 26, worked as a laboratory assistant and typist for advocates. He was introduced to radical social media groups, where he absorbed extremist ideology. He not only contributed funds but was also instructed to recruit more members and help acquire land for terror training.

The officer said the Special Cell was monitoring radicalised youngsters active on social media for months. Danish's activities came under suspicion as he was seen attempting to procure arms and chemicals from Delhi-NCR markets, agro-chemical shops and even online platforms. Discreet physical surveillance was mounted, with advance teams deployed across states.

Kushwah also said the Pakistan-based handler maintained contact with Danish and other module members through encrypted channels, encouraging them to prepare for an armed jihad and giving step-by-step guidance on weapon and IED fabrication.

Further interrogation of the arrested men is underway to trace their funding sources, identify other associates and determine the extent of the Pakistan-based handler's network in India, police added.

The investigators are also probing whether the group had already selected land for training camps and if more people were on the verge of joining it. PTI BM BUN RC

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