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October 14, 2026
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Majority stake acquisition in the jewellery sector receives competition clearance for GRT Jewellers' purchase of Tribhovandas Bhimji Zaveri.
Competition Commission of India approved GRT Jewellers (India) Private Limited's proposed acquisition of a majority stake in Tribhovandas Bhimji Zaveri Limited. The transaction concerns entities operating in the Indian gems and jewellery market, including a private limited acquirer and a publicly listed target engaged in manufacturing and sale of gems and jewellery.
October 14, 2026
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Minority shareholding acquisition in mother and baby healthcare receives competition clearance for a private equity-backed investment.
Competition Commission of India clearance authorises NuageLux BidCo S.a r.l. to acquire approximately 23% of the fully diluted shareholding in Kids Clinic India Ltd. The transaction constitutes an acquisition of a minority equity interest in a healthcare provider operating under the Cloudnine brand. NuageLux BidCo is a Luxembourg-incorporated private limited special purpose vehicle, ultimately controlled by Permira Holdings Ltd.
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.

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Actor Vijay faces audio glitch, targets BJP, DMK govts, says he entered politics to serve people

September 13, 2025

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Tiruchirappalli/Ariyalur (Tamil Nadu), Sep 13 (PTI) Tamilaga Vettri Kazhagam chief Vijay encountered an audio glitch at the launch of his maiden state-wide campaign in Tiruchirappalli on Saturday.

The actor, who was swarmed by his followers in thousands at Tiruchirappalli and Ariyalur, targetted both the Centre and the DMK government in the state, and said without mincing words that he entered politics only with the intention of serving the people and not for earning wealth.

Commencing his 'I am coming,' state-wide campaign ahead of the Tamil Nadu Assembly election due by March-April next year, he asked the crowd, "will you vote for the DMK?" and raised a number of questions seeking to push the Chief Minister M K Stalin-led government to a tight corner.

Clad in white shirt, Vijay delivered his address from a raised platform-like structure on the top of the campaign bus and cadres continuously flung party flags at him. His address was marred by audio issues and out of his 20-minute speech, barely one to two minutes was audible and clear.

Cadres, fans and the people who had gathered in thousands chanted 'Vijay, Vijay' as his speech became almost incomprehensible barring some remarks, words and points.

One of his key accusation was that the DMK government did not fulfill its assurances made ahead of the 2021 Assembly election. He also hit out at the DMK regime over the illegal kidney sale racket.

When Vijay began his speech by 3 PM, he outlined the significance of choosing Tiruchirappalli for his maiden rally. He said that it was here that Dravidian icon, DMK founder CN Annadurai decided in 1956 to enter the electoral race. It was also the place where AIADMK founder M G Ramachandran held his first state conference in 1974 after launching his party in 1972.

Tiruchirappali was renowned also for communal harmony and rationalist leader 'Periyar' EV Ramasamy lived here. During the days of yore, before going to battlefield, kings used to pray to their family deities. Similarly, Vijay said he has visited Tiruchirappalli.

Any political initiative, when started in Tiruchirappalli, would eventually become a turning point, he said.

At Ariyalur, the actor said that he entered politics only with the intention of serving the people and not for earning wealth. His aim was to ensure a Tamil Nadu free from hunger and corruption and to provide governance with conscience.

"What's the big deal about money? I have seen enough of it. Should I come into politics to make money? No need. I have no other intention other than to serve you", he said.

Vijay, who arrived near the old bus stand here to address his second public campaign for the day, as his party cadres swarmed his campaign vehicle throughout his road trip from Tiruchirappali, apologised for his delayed arrival.

"Vanakkam. Sorry, I'm late. There was a problem due to the mike at the Tiruchirappalli meeting. There's nothing bigger than the love and affection you are showering on me," he said, standing atop the campaign vehicle.

During his nearly fifteen-minute speech from 8.44 pm, the TVK leader said his political adversaries have started uttering many things after seeing the people's overwhelming support for him. But, he chose to ignore the criticism and proceed with his work, Vijay added.

Earlier in the day, the Chief Minister had in a veiled attack on Vijay said the Dravida Munnetra Kazhagam was not a movement that disrupted public tranquility through the din of a large gathering, but one that preserved the state’s unique identity and built modern Tamil Nadu. Stalin, president of DMK, said "when we gather, we assemble as a disciplined battalion; and after the meeting, we disperse as soldiers with a mission," Stalin said in a letter to party cadres.

Targetting the BJP-led government at the centre, Vijay said in Ariyalur the instance of 65 lakh voters missing from the electoral roll in Bihar was nothing short of "theft of votes." The Centre's agenda was to dismiss all state governments and hold simultaneous polls for the nation.

"The One Nation, One Election idea amounts to a murder of democracy. And the delimitation exercise is only meant to destroy the opposition parties and weaken the southern states so that the northern states had more constituencies," he alleged.

Like the Centre, the DMK government too was "deceiving" the people with promises that were not fulfilled, the actor claimed.

"My dear CM sir, you are providing reels. Will you answer the questions? No you won't," he said.

A caravan-like, custom-built campaign vehicle, fitted with a public address system has been readied by the party for Vijay's use during his campaign. The campaign bus has brightly painted images of iconic leaders, including C N Annadurai and M G Ramachandran, and features the campaign slogan: "I am coming." The campaign logo featured a smiling Vijay with the slogan "Unga Vijay Na Varen, Vagai Soodum Varalaru Thirumukirathu (Your Vijay, I am coming; history of victory returns)." Earlier, upon his arrival from Chennai by a chartered fight, Vijay was accorded a rousing reception in Tiruchirappalli by party workers and admirers. Ethusiastic TVK workers, carrying party flags, pushed away barricades on the airport premises at several spots to get a glimpse of their leader. The crowd, including women, surged, and as a result his vehicle moved at a snail's pace. PTI JSP VGN JSP ROH

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