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    Commerce and Industry Minister Piyush Goyal Calls for WTO-Compliant Approach to Correcting Global Trade Distortions at the Concluding Day of G20 Trade...
    APEDA Facilitates Export of Bihar’s Makhana from Purnea to Greece
    APEDA Facilitates FPO-led Export of Frozen Food Products from Haryana to Canada
    Government Extends Operational Timelines of RELIEF (Resilience & Logistics Intervention for Export Facilitation) Intervention to Support Exporters Ami...
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    CCI approves acquisition of majority of the shares and voting rights in Volkswagen subsidiary Everllence SE by funds managed and/or advised by Bain Ca...
    CCI approves acquisition of 100% shareholding of FMC India by Crystal Crop Protection Ltd
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October 3, 2026
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Forced-labour border measures require verifiable evidence, due process and WTO consistency while preserving cooperation without unilateral trade action.
Global trade distortions should be addressed through WTO-consistent, evidence-based anti-dumping and countervailing measures, without restricting developing countries' policy space for industrialisation. Most-Favoured-Nation treatment, consensus decision-making, special and differential treatment, and a two-tier dispute-settlement system remain central to multilateral trade governance. Imports produced using forced labour are prohibited, while border measures must rely on specific, verifiable evidence, observe due process and WTO rules, and avoid presumptions concerning entire countries, regions or sectors.
October 3, 2026
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Export-led market access for Makhana expands overseas buyer linkages, supports higher producer returns, and promotes European market diversification.
Export-oriented market access for Bihar's Makhana is being expanded through a facilitated shipment of popped Makhana from Purnea to Greece. APEDA's support connects producers and exporters with international buyers and strengthens the export value chain. Higher price realisation than domestic selling prices indicates scope for improved producer returns, wider farmer and producer-group participation, and diversification into European markets. Export promotion is linked to a proposed Agri Export Policy and packhouse development.
October 3, 2026
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FPO-led export market access links processed food producers with global buyers and strengthens agricultural value-chain participation.
APEDA facilitated an FPO-led export of frozen food products to Canada by Aterna Foods Producer Company Limited, with support under its Financial Assistance Scheme. The export included frozen vegetables, sweet corn, samosa and other processed food products. Market-linkage initiatives connect Farmer Producer Organisations and Farmer Producer Companies with exporters and global buyers, promoting export-oriented value chains and integrating agricultural produce with processing and international markets.
October 3, 2026
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RELIEF timeline extension preserves credit-insurance support and premium protection for exporters facing West Asia maritime disruptions.
Component II of the RELIEF intervention extends operational timelines for exporters affected by West Asia maritime-logistics disruptions. It encourages eligible exporters to obtain ECGC cover for upcoming shipments to specified regions with 95% risk coverage. Benefits apply to qualifying Stand Alone Policies and Whole Turnover Policies, covering full container load, less than container load, and reefer containers, but excluding energy shipments. Eligible exporters' insurance premium cannot increase beyond the pre-disruption level during the relevant period.
October 3, 2026
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RoDTEP duty remission continues for eligible exporters, preserving existing rates and value caps through the extended period.
RoDTEP Scheme continuation is extended until 31 December 2026 for exports made by Domestic Tariff Area units, Advance Authorisation holders, Special Economic Zone units and Export Oriented Units. The scheme remits embedded, un-rebated Central, State and local duties, taxes and levies borne on exported products. Existing RoDTEP rates and value caps remain unchanged throughout the extension.
October 3, 2026
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Wildlife trafficking enforcement targeted unlawful possession, transport and proposed sale of ivory, leopard skin, pangolins and tiger parts.
Illegal wildlife trafficking operations addressed alleged possession, transportation, and attempted sale of elephant ivory, leopard skin, live pangolins, and tiger parts. Possession without licence and trade in elephant ivory or ivory articles are prohibited under the Wild Life (Protection) Act, 1972. Leopards, pangolins, tigers, and their body parts receive Schedule I protection, while pangolins are also listed in CITES Appendix I, prohibiting international trade. Recovered wildlife articles, live animals, and vehicles were transferred or seized for action by forest and specialised wildlife enforcement agencies.
October 3, 2026
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Two-way airport smuggling: airport staff allegedly facilitated clandestine gold entry and illicit diamond export through transit and outbound passengers.
An alleged two-way smuggling arrangement involved airport staff receiving foreign-origin gold dust in wax capsules from transit passengers for clandestine removal into India and transferring diamonds to an outbound passenger for illicit export to Dubai. Seizure included 23 capsules of 24-carat foreign-origin gold dust in wax form and natural and lab-grown diamonds. The modus operandi used the same airport employee to facilitate import-side gold smuggling and export-side diamond smuggling.
October 3, 2026
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Seized narcotic-drug disposal prevents contraband re-entry through supervised destruction, lawful opium deposit, and environmentally safe incineration.
Authorised disposal of seized narcotic drugs under the Narcotic Drugs and Psychotropic Substances Act, 1985 involved destruction of 10,842.150 kg of contraband through an approved process supervised by the Drug Disposal Committee and attended by a pollution-control representative. Seized opium was separately deposited with the Government Opium and Alkaloid Works as part of the disposal process, aimed at preventing contraband from returning to illicit drug trafficking and ensuring environmentally safe incineration.
October 3, 2026
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International postal narcotics trafficking: hydroponic ganja concealed in cake pouches was seized under NDPS procedures.
Seizure under the relevant provisions of the Narcotic Drugs and Psychotropic Substances Act, 1985, covered hydroponic weed (ganja) recovered from an international parcel received from Thailand. The contraband was concealed in cake pouches placed among other packets and articles to camouflage its presence. Specific intelligence prompted examination, recovery, weighing and seizure following due legal procedure, with further investigation in progress.
October 3, 2026
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NDPS enforcement enabled opium and vehicle seizure, with arrest after an intelligence-led roadside interception operation.
Intelligence-based enforcement under the Narcotic Drugs and Psychotropic Substances Act, 1985, resulted in the interception of a motorcycle and recovery of 4.240 kg of opium. The opium and motorcycle used for transportation were seized after legal formalities, and one person was arrested. Investigation continues to trace the contraband's source and intended destination and identify other persons connected with the suspected trafficking network.
October 1, 2026
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GST revenue accounting distinguishes gross collections, refunds, net domestic and customs revenue, and SGST-IGST settlement reporting.
Gross GST revenue for September 2026 distinguishes domestic collections and IGST on imports; after domestic and ICEGATE refund adjustments, net revenue is calculated separately for domestic and customs GST. Cumulative collections through September similarly distinguish gross receipts, refunds and net revenue. SGST reporting compares pre-settlement receipts with post-settlement amounts that include the SGST portion of IGST settled to States and Union Territories. State and Union Territory revenue comparisons exclude GST on imported goods, while April-September domestic collections are split between Central and State formations.
October 1, 2026
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Annual Survey of Industries results record broad manufacturing growth and define survey coverage, enumeration, digital data collection, and reliability limits.
ASI 2024-25 records broad-based growth in registered manufacturing, including establishments, output, Gross Value Added, employment, emoluments, fixed capital, invested capital, net income and net profit. The survey covers specified registered factories, bidi and cigar establishments, certain electricity undertakings, and qualifying large units in State-maintained business registers. Data are collected electronically under the statutory framework for collection of statistics using an establishment-based approach, with quality checks and caution required because the estimates arise from a sample survey.
October 1, 2026
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Economic resilience policy dialogue examines financial stability, digital governance, trade fragmentation, and investment priorities amid global uncertainty.
The fifth Kautilya Economic Conclave will examine economic resilience amid global shocks through discussions on macroeconomic stability, monetary policy, financial stability, investment, fiscal federalism and capital-market development. Its agenda also covers digital economy governance, artificial intelligence, trade fragmentation, strategic autonomy, climate resilience, food systems, demographic change and global health security. Plenaries, parallel sessions and closed-door roundtables will consider policy responses and mobilisation of domestic and foreign capital for long-term investment.
September 30, 2026
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Equity acquisition in a life insurer receives competition clearance for BNP Paribas Cardif's proposed investment.
Competition Commission of India approval covers a proposed combination under which BNP Paribas Cardif will acquire certain equity share capital in IndiaFirst Life Insurance Company Limited. The transaction is an acquisition of an ownership interest in an Indian life insurer. IndiaFirst Life Insurance Company Limited is incorporated in India, is an IRDAI-licensed insurer, and provides life insurance in India.
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.

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Strikes, protests roil France, pitting streets against Macron, his new prime minister

September 18, 2025

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Paris, Sep 18 (AP) Marching with thousands of other protesters in Paris, hospital nurse Aya Touré put her finger on the pulse of many who took to streets across France on Thursday against the government of President Emmanuel Macron.

“Fed up. Really, really fed up," she said. “Those people governing us, they have no clue about real-life issues. We are paying the price.” Strikes that hobbled the Paris Metro and disrupted other services, coupled with nationwide demonstrations that saw sporadic clashes with police who fired volleys of tear gas, gave loud voice to widespread complaints that eight years of leadership by France's business-friendly president have benefited too few people and hurt too many.

The day of upheaval for the European Union's second-largest economy aimed to turn up the heat on new Prime Minister Sébastien Lecornu and his boss, Macron.

They're engaged in an intensifying battle both in parliament and on the streets about how to plug holes in France's finances, with opponents fighting proposals to cut spending on public services that underpin the French way of life.

“I don't know how it's even possible to consider making cost savings,” said Clara Simon, a history student who marched in the crowd of demonstrators in Paris, brandishing a poster that read: “University in danger.” “There's already no money for soaps in the toilets, no money to fix a seat when it's broken,” she said. “I'm angry because the economic and social situation in France is deteriorating every year.” Macron's opponents complain that taxpayer-funded public services — free schools and public hospitals, subsidised health care, unemployment benefits and other safety nets that are cherished in France — are being eroded by his governments that have lurched from crisis to crisis since he dissolved parliament in 2024, triggering a legislative election that stacked Parliament's lower house with critics of the president.

Left-wing parties and their supporters want the wealthy and businesses to pay more to help rein in France's debts, rather than see public spending cuts that they contend will hit low-paid and middle-class workers. Placards at the Paris demonstration read: “Tax the rich.” “We need to find money where there's money," said Pierre Courois, a 65-year-old retired civil servant. “France's deficit is an issue, but it's not by cutting on public services that you fix it.” Many complained about mounting poverty, sharpening inequality and struggles to make ends meet.

“Our pay is stuck, colleagues are leaving, and wards are closing beds,” said 34-year-old public hospital nurse Stephane Lambert. “For us it's the same story: less money in our pockets, fewer hands to help, more pressure every day.” At a before-dawn protest at a Paris bus depot, striking transportation worker Nadia Belhoum said people are "being squeezed like a lemon even if there's no more juice”.

As he seeks support for belt-tightening, Lecornu has trimmed lifetime benefits for former government ministers — a largely symbolic first step that won't generate huge savings — and scrapped wildly unpopular proposals to eliminate two public holidays, a measure intended to spur revenue.

He has been meeting opposition leaders and labour unions to try to build consensus for a budget, but his close relationship with Macron puts him in the firing line, too.

“Bringing in Lecornu doesn't change anything — he's just another man in a suit who will follow Macron's line,” said 22-year-old student Juliette Martin.

On his first day in office last week, anti-government protests saw streets choked with smoke, barricades in flames and volleys of tear gas as demonstrators denounced budget cuts and political turmoil. That “Block Everything” campaign became a prelude for Thursday's even larger demonstrations.

“For decades we've been the ones paying for the rich, paying for the billionaires, paying for the capitalists and they've emptied our pockets,” automobile factory union representative Jean Pierre Mercier said. “And today, supposedly, we must repay the debt, and once again it's only the workers who are asked to pay, whether we're employed, disabled, or retired.” The first whiffs of police tear gas came before daybreak, with scuffles between riot officers and protesters in Paris. The collapse of successive governments — brought down by votes in parliament — that sought to push through savings has given Macron's critics a sense of momentum. The “Block Everything” campaign that developed online before taking to the streets also added to the climate of crisis.

As it did last week, the government said it was again deploying police in exceptionally large numbers — about 80,000 in all — to keep order on Thursday. Police were ordered to break up blockades and other efforts to prevent people who weren't protesting from going about their business.

Paris police used tear gas to disperse a before-dawn blockade of a bus depot and deployed in force, backed by armoured vehicles and firing more gas, at the afternoon march in the capital. French broadcasters also reported sporadic clashes in the western cities of Nantes and Rennes, and Lyon in the southeast, with volleys of police tear gas and projectiles targeting officers.

Striking rail workers waving flares made a brief foray into the Paris headquarters of the Economics Ministry, leaving trails of smoke in the air before leaving.

“The bourgeoisie of this country have been gorging themselves, they don't even know what to do with their money anymore. So if there is indeed a crisis, the question is who should pay for it,” said Fabien Villedieu, a leader of the SUD-Rail train workers union. “We are asking that the government's austerity plan that consists of making the poorest in this country always pay — whether they are employees, retirees, students — ends and that we make the richest in this country pay.” The Interior Ministry reported 181 arrests nationwide as the afternoon ended and more than 450,000 demonstrators outside Paris, with protests in big cities and small towns. Paris police said that another 55,000 people marched in the capital.

Participation estimates from the CGT, among unions that called the strikes and demonstrations, were double those of police, reporting more than 1 million strikers and protesters nationwide.

The Paris Metro operator said that rush-hour services suffered fewer disruptions than anticipated, but that traffic largely stopped outside those hours except on three driverless automated lines.

French national rail company SNCF said that “a few disruptions” were expected on high-speed trains to France and Europe, but most will run.

“Every time there's a protest, it feels like daily life is held hostage,” said office worker Nathalie Laurent, grappling with morning disruptions on the Paris Metro.

“Lecornu — he's only just started, but if this is his idea of stability, then he has a long way to go,” she said. (AP) SCY SCY

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