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    Commerce Secretary Shri Rajesh Agrawal holds high-level meetings with European Commission officials and industry representatives in Brussels
    CCI approves acquisition of certain shareholding in Navi Ltd by MIH Payments Holdings B.V.
    CCI approves acquisition of the equity share capital of IntelliSmart Infrastructure (Target) by Adani Energy Solutions Ltd. (Acquirer)
    CCI approves merger of Sapphire Foods India with and into Devyani International and related transactions
    CCI approves acquisition of 100% of the issued share capital of Solenergi Power (Target) by Aditya Birla Renewables Ltd (Acquirer)
    CCI approves acquisition of certain stake in Vodafone Group PLC by Vega SAS
    Union Government releases tax devolution of ₹1,09,019 crore to State Governments, as one advance instalment of tax devolution in view of upcomin...
    CBN Madhya Pradesh Unit conducts three major anti-drug operations; seizes 2,774.650 kg of poppy straw and five vehicles; arrests four persons
    MCA only performs administrative role in the conduct of appointment process for Judicial and Technical Members of the NCLT
    Commerce and Industry Shri Piyush Goyal Chairs Chintan Shivir on Digitisation of Trade
    19th India–BLEU Joint Economic Commission Session Held in Luxembourg to Strengthen Trade and Economic Cooperation
    The Government of India Constitutes the ‘High Level Committee on Banking for Viksit Bharat’
    UPI Acceptance Enabled for Online Bookings at At the Top, Burj Khalifa and Resorts World Sentosa
    Monthly review of accounts of Government of India upto September 2026 (FY 2026-27)
    DRI deals major blow to Myanmar-linked drug smuggling network; seizes huge consignment of 50 kg methamphetamine tablets and crystal meth in North-East...
    DRI busts a big clandestine synthetic drug manufacturing laboratory in Uttar Pradesh; seizes approx. 1,100 kg drugs and precursor chemicals; two arres...
    Union Minister of Commerce and Industry, Shri Piyush Goyal Calls for Greater FTA Utilisation by Telangana
    Clarification on the Process of Strategic Restructuring of the IDBI Bank Ltd.
    Advisory – Scheduled Maintenance of e-Invoice Services (31 October – 1 November 2026)
    Commerce and Industry Minister Shri Piyush Goyal Calls for Quality, Scale and Global Market Access to Drive India’s Industrial Transformation
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November 2, 2026
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Trade facilitation and market access discussions address customs cooperation, supply-chain resilience, and diamond certification and traceability requirements.
India-EU trade facilitation and market access discussions addressed two-way trade, supply-chain resilience and opportunities for businesses. Both sides reaffirmed their commitment to a fair, balanced and mutually beneficial agreement and agreed to remain engaged on outstanding procedural and implementation issues. Preparations for implementing the India-EU free trade agreement included discussion of customs cooperation and the importance of efficient, transparent and digitally enabled customs procedures in reducing transaction costs and supporting the movement of legitimate trade. Engagement with diamond industry stakeholders addressed certification and traceability requirements, responsible sourcing and opportunities in India's diamond market and manufacturing ecosystem.
November 2, 2026
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Shareholding acquisition approval covers MIH Payments Holdings' investment in Navi Limited, the holding company of a mobile financial services group.
Competition law approval has been granted by the Competition Commission of India for the acquisition of a shareholding in Navi Limited by MIH Payments Holdings B.V. The acquirer is an indirect wholly owned subsidiary of Prosus N.V. It does not itself undertake any business activity other than holding investments in its portfolio companies, which have business activities in India. Navi Limited is the holding company of the Navi Group, which offers financial services through a single consumer-facing mobile application.
November 2, 2026
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Competition approval covers Adani Energy Solutions' acquisition of IntelliSmart, both active in advanced electricity metering infrastructure.
Competition Commission of India approval covers the acquisition by Adani Energy Solutions Limited of 100% of the equity share capital of IntelliSmart Infrastructure Private Limited. The sellers in the transaction are National Investment and Infrastructure Fund and Energy Efficiency Services Limited. Adani Energy Solutions Limited is primarily engaged in electricity transmission and distribution and in the deployment of advanced metering infrastructure for electricity in India. IntelliSmart Infrastructure Private Limited is also involved in advanced metering infrastructure for electricity in India and deploys certain smart gas meters in India.
November 2, 2026
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Competition approval covers the merger of KFC and Pizza Hut franchise operators Sapphire Foods India and Devyani International.
Competition Commission of India approval covers the proposed combination involving the merger of Sapphire Foods India Limited with and into Devyani International Limited, together with certain related transactions. Both companies operate KFC and Pizza Hut franchise outlets in India. Devyani is also the exclusive franchisee in India for Costa Coffee, New York Fries and Sanook Kitchen.
November 2, 2026
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Renewable energy acquisition receives competition approval for the transfer of Solenergi Power's entire issued share capital to Aditya Birla Renewables.
Competition Commission of India approval covers the proposed acquisition by Aditya Birla Renewables Limited (the acquirer) of 100% of the issued share capital of Solenergi Power Private Limited (the target). The acquisition is to be made from Shell Overseas Investment B.V., the seller in the proposed combination. Aditya Birla Renewables Limited, together with its subsidiaries, is engaged in power generation using renewable energy resources, specifically solar and wind, as well as captive engineering, procurement and construction (EPC) activities. Solenergi Power Private Limited is registered in Mauritius and operates exclusively as a holding company, without any other business activities.
November 2, 2026
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Competition clearance covers Vega SAS's proposed stake acquisition in Vodafone Group PLC, which provides telecommunications and digital services.
Competition clearance from the Competition Commission of India covers Vega SAS's proposed acquisition of 16.2% of Vodafone Group PLC's issued share capital. Vega SAS is a holding company and a wholly owned subsidiary of Maya SAS, a simplified joint-stock company incorporated in France. Vega SAS has no business presence or activity in India on its own; its relevant affiliates undertake business activities there. Vodafone Group PLC provides fixed and mobile services in Europe and Africa, with most revenue generated by core connectivity products and services. In India, Vodafone Group PLC is present through Vodafone Idea Limited.
November 2, 2026
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Tax devolution through an additional advance instalment aims to support capital spending and development and welfare expenditure.
Tax devolution of Rs. 1,09,019 crore was released by the Union Government to State Governments on 31 October 2026 as an additional advance instalment, in addition to regular monthly devolution. It is the second additional instalment in the financial year. The release is intended, in view of the upcoming festive season, to enable States to accelerate capital spending and finance development and welfare expenditure.
November 2, 2026
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Poppy straw trafficking enforcement includes intelligence-led vehicle searches, seizures and arrests, with a consignment concealed beneath cover cargo.
Illicit poppy straw trafficking enforcement by the Central Bureau of Narcotics' Madhya Pradesh Unit involved three intelligence-led operations under the Narcotic Drugs and Psychotropic Substances Act, 1985. Officers seized 2,774.650 kg of poppy straw and five vehicles and arrested four persons. Officers recovered 2,308 kg in 115 sacks concealed beneath 598 sacks of chana husk. During the night of 28-29 October, officers intercepted a pickup truck bearing a suspected false registration number and a Bolero car at Ishaqpur, Mandsaur. Searches recovered 416.560 kg of poppy straw in 22 bags, including 17 bags from the pickup and five from the car. On 28 October, a car and motorcycle were intercepted on the Fatehgarh-Nayakheda-Pipliya Mandi route. Intelligence indicated that the motorcycle was piloting the car, from which officers recovered 50.090 kg of poppy straw in two bags. Investigations are continuing in all three cases.
October 31, 2026
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Administrative role in Tribunal Member appointments remains distinct from the Tribunal's independent authority over staff appointment and management.
The Ministry of Corporate Affairs performs an administrative role in conducting appointments of Judicial and Technical Members of the National Company Law Tribunal. The Tribunal independently appoints and manages its officers and staff, including Deputy Registrars, Court Officers, Stenographers, Office Assistants and Multi-Tasking Staff. Delegated personnel responsibility supports the Tribunal's effective and independent functioning.
October 31, 2026
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Digital procurement infrastructure supports kirana ordering and supply-chain efficiency while preserving distributor relationships and expanding digital participation.
ONDC DigiDukaan enables kirana retailers to operate as digital buyers through a single interface for discovering and ordering products across multiple brands, distributors and wholesalers, with visibility of pricing, trade schemes and availability. It is intended to reinforce existing distributor relationships while creating a shared digital foundation for logistics, formal credit and related services. Priority areas include a common retailer identity, shared logistics and micro-warehousing, transaction-linked financing, simplified technology integration and commercial incentive alignment for sustained digital ordering.
October 31, 2026
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Trade facilitation and investment partnerships support market access and sectoral collaboration across logistics, clean energy, digital technologies, and healthcare.
Trade and investment cooperation focused on enhancing trade and investment flows, addressing market-related concerns, facilitating market access, and expanding business engagement and investment partnerships. Priority sectors included logistics, renewable energy and clean technology, financial services and FinTech, digital transformation and ICT, healthcare and life sciences, Ayurveda and traditional medicine, and agro-food processing.
October 31, 2026
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Banking-sector reform establishes a high-level committee to develop reforms for globally competitive, inclusive and resilient banking.
High Level Committee on Banking for Viksit Bharat is constituted to review India's banking sector and recommend structural, institutional, regulatory and legislative reforms supporting globally competitive, financially inclusive and resilient banking. Its remit includes prudential norms, banking regulation, capital requirements, cost of capital, AI and digital innovation, cyber-risk safeguards, workforce capacity, Priority Sector Lending and the Lead Bank Scheme. The Committee will also consider reforms affecting Regional Rural Banks, Cooperative Banks, Development Financial Institutions and Non-Banking Financial Companies.
October 31, 2026
Show AI Summary
Cross-border UPI acceptance enables Indian travellers to make online bookings at international attractions using familiar payment applications.
Cross-border UPI acceptance enables Indian travellers to make online experience bookings at At the Top, Burj Khalifa and Resorts World Sentosa using preferred UPI applications. The UAE integration involves NPCI International Payments Limited, NEOPAY and Emaar Entertainment, while the Singapore arrangement with FOMO Pay extends acceptance to Resorts World Sentosa attractions. These e-commerce facilities build on QR-based merchant payment arrangements and support seamless cross-border digital transactions for advance travel planning.
October 31, 2026
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Monthly fiscal account reporting records consolidated receipts, expenditure, tax devolution, interest payments, and major subsidies through September.
Consolidated monthly accounts through September 2026 record total receipts of Rs.18,35,422 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution transfers to State Governments total Rs.6,99,409 crore. Total expenditure stands at Rs.25,49,835 crore, with Rs.18,95,288 crore on revenue account and Rs.6,54,547 crore on capital account. Revenue expenditure includes interest payments of Rs.6,46,010 crore and major subsidies of Rs.2,22,905 crore.
October 31, 2026
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Cross-border narcotics trafficking: intelligence-led operations seized methamphetamine concealed in furniture and tea packets, with arrests and vehicle seizures.
Intelligence-based interceptions resulted in the seizure of methamphetamine tablets concealed in an office table within a vehicle and crystal methamphetamine hidden above a truck cabin in tea packets carrying foreign markings. Four persons were arrested under the Narcotic Drugs and Psychotropic Substances Act, 1985, and three vehicles were seized. Preliminary investigation linked the drugs to cross-border smuggling from Myanmar.
October 31, 2026
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Clandestine synthetic drug manufacturing: enforcement uncovered an illicit laboratory, seized drugs and precursors, and made arrests under narcotics law.
An intelligence-led operation uncovered a functional clandestine synthetic-drug manufacturing laboratory and seized semi-prepared drugs, finished methaqualone, precursor chemicals, and manufacturing equipment. Follow-up residential searches recovered additional chemicals and a manufacturing machine. Approximately 1,100 kg of drugs and precursor chemicals were seized in total, and two persons associated with the facility were arrested under the Narcotic Drugs and Psychotropic Substances Act, 1985.
October 30, 2026
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Free trade agreement utilisation can expand preferential market access through district help desks, product mapping and exporter support.
Free trade agreement utilisation is proposed through identification of leading export products, mapping of preferential markets and district-level FTA help desks for MSMEs, farmers and startups. GI-tagged products are to receive traceability, packaging and branding support for global exports. Pharmaceutical development is to focus on domestic key starting materials and active pharmaceutical ingredients, innovation, biosimilars and biotechnology. Ease-of-doing-business reforms include decriminalisation of minor offences, reduced compliance burdens, simplified procedures and time-bound single-window clearances.
October 30, 2026
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Strategic disinvestment procedure permits delegated procedural deviations and contemporaneous independent valuation in determining bid reasonableness.
Strategic restructuring of IDBI Bank is governed by a flexible bidding framework in which DIPAM's internal practices operate as indicative guidelines rather than rigid legal rules. No a-priori bidding benchmark applies: bidders undertake confidential valuation, while independently appointed agencies prepare contemporaneous fair valuations as comparators for assessing bid reasonableness. Where the highest financial bid is below the reserve price, the further course is left to the Government of India and QIPs cannot subsequently challenge that decision.
October 29, 2026
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e-Invoice service maintenance temporarily suspends invoice data retrieval, GSTR-1 auto-population, and JSON downloads during the upgrade period.
Scheduled infrastructure maintenance will temporarily affect GST e-Invoice data retrieval and processing from IRPs, automatic population of e-Invoice data in GSTR-1, and e-Invoice JSON downloads through the portal and application programming interfaces. Taxpayers and other stakeholders should plan related activities around the maintenance period, with services expected to resume upon completion.
October 29, 2026
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Comprehensive trade agreements advance market access, technology partnerships and sensitive-sector protection within an industrial transformation strategy.
Comprehensive trade agreements are treated as instruments of global economic integration rather than tariff-reduction arrangements alone. Their scope includes preferential market access, protection of sensitive sectors, access to high-technology products, services, investment, skill development, technology partnerships and climate cooperation. Agreements are to be shaped through stakeholder consultations and preserve defensive interests while reflecting comparative advantage, competitiveness and complementary trade relationships. Innovation requires collaboration between public institutions, private enterprise and academia, with government functioning as a facilitator and catalyst for private-sector-led innovation.

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Netanyahu says Israel 'must finish the job' against Hamas in Gaza

September 26, 2025

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United Nations, Sep 26 (AP) Encircled by critics and protesters at the United Nations, Israeli Prime Minister Benjamin Netanyahu told fellow world leaders on Friday that Israel “must finish the job” against Hamas in Gaza, giving a defiant speech despite growing international isolation over his refusal to end the devastating war in Gaza.

“Western leaders may have buckled under the pressure," he said. “And I guarantee you one thing: Israel won't.” He spoke after dozens of delegates from multiple nations walked out of the UN General Assembly hall en masse Friday as he began speaking.

Responding to countries' recent decisions to recognise Palestinian statehood, Netanyahu said: “Your disgraceful decision will encourage terrorism against Jews and against innocent people everywhere.” As the Israeli leader spoke, unintelligible shouts echoed around the hall. Applause rang out in other quarters as he spoke. The US delegation, which has backed Netanyahu in his campaign against Hamas, stayed put. The few world powers in attendance, the United States and the United Kingdom, did not send their most senior officials or even their UN ambassador to their section. Instead, it was filled out with more junior, low-level diplomats.

“Anti-semitism dies hard. In fact, it doesn't die at all,” Netanyahu said. Netanyahu routinely accuses his critics of antisemitism.

Netanyahu faces international isolation, accusations of war crimes and growing pressure to end a conflict he has continued to escalate. Friday's speech was his chance to push back on the international community's biggest platform.

As he has often in the past at the United Nations, Netanyahu held up a visual aid — a map of the region titled “THE CURSE.” He marked it up with a large marker.

He ascended the podium wearing a special hostages pin with a QR code that leads to a site about October 7 that was established specially for international public diplomacy needs. The members of the prime minister's delegation, ministers and those accompanying him also wore identical pins.

Netanyahu also frequently praised President Donald Trump, his chief ally in his political and military approach in the region. Netanyahu said the changes across the Mideast have created new opportunities. He said Israel has begun negotiations with Syria aimed at reaching security arrangements with the country's new government.

Back in the Mideast, the Israeli government was taking steps to ensure that Gazans and others heard what he had to say.

The military set up loudspeakers at the Israel-Gaza border to blast his words into the territory. And in an “unprecedented operation," the prime minister's office said the Israeli army would take over the mobile phones of Gaza residents and Hamas operatives and his speech would be broadcast live through the mobile devices. It was not immediately clear if that happened, or to what extent.

A closely watched speech Netanyahu's annual speech to the UN General Assembly is always closely watched, often protested, reliably emphatic and sometimes a venue for dramatic allegations. But this time, the stakes are higher than ever for the Israeli leader.

In recent days, Australia, Canada, France, the United Kingdom and others announced their recognition of an independent Palestinian state.

The European Union is considering tariffs and sanctions on Israel. The assembly this month passed a nonbinding resolution urging Israel to commit to an independent Palestinian nation, which Netanyahu has said is a non-starter.

The International Criminal Court has issued an arrest warrant accusing Netanyahu of crimes against humanity, which he denies. And the UN's highest court is weighing South Africa's allegation that Israel has committed genocide in Gaza, which it vehemently refutes.

Against that backdrop, Netanyahu sounded resolute Thursday as he boarded a plane in Israel to head for the UN's annual meeting of top-level leaders in New York.

“I will tell our truth,” Netanyahu said. “I will condemn those leaders who, instead of condemning the murderers, rapists and burners of children, want to give them a state in the heart of Israel.” Opposition to Netanyahu's approach is growing At a special session of the assembly this week, nation after nation expressed horror at the 2023 attack by Hamas militants that killed about 1,200 people in Israel, saw 251 taken hostage and triggered the war. Many of the representatives went on to call for an immediate ceasefire in Gaza and influx of aid.

Israel's sweeping offensive has killed more than 65,000 Palestinians in Gaza and displaced 90 per cent of its population, with an increasing number now starving.

While more than 150 countries now recognise a Palestinian state, the United States has not, providing Israel with vociferous support. But President Donald Trump pointedly signalled Thursday there are limits, telling reporters in Washington that he wouldn't let Israel annex the occupied West Bank.

Israel hasn't announced such a move, but several leading members in Netanyahu's government have advocated doing so. And officials recently approved a controversial settlement project that would effectively cut the West Bank in two, a move that critics say could doom chances for a Palestinian state. Trump and Netanyahu are scheduled to meet during his visit.

Netanyahu's office also “instructed civilian groups in cooperation with the army to place loudspeakers on trucks on the Israeli side of the border,” it said in a statement, noting that the broadcasts would be arranged so they would not endanger soldiers.

Palestinians had their UN say the day before Netanyahu was preceded Thursday by Palestinian leader Mahmoud Abbas, who addressed the General Assembly via video, since the US denied him a visa. He welcomed the announcements of recognition but said the world needs to do more to make statehood happen.

“The time has come for the international community to do right by the Palestinian people" and help them realise “their legitimate rights to be rid of the occupation and to not remain a hostage to the temperament of Israeli politics,” he said.

Abbas leads the internationally recognised Palestinian Authority, which administers portions of the West Bank. Hamas won legislative elections in Gaza in 2006 before seizing control from Abbas' forces the following year.

Israel captured the West Bank, east Jerusalem and the Gaza Strip in the 1967 Mideast war, then withdrew from Gaza in 2005. The Palestinians want all three territories to form their envisioned state, part of a “two-state solution” that the international community has embraced for decades.

Netanyahu opposes it robustly, maintaining that creating a Palestinian state would reward Hamas.

“This will not happen,” he said at the airport Thursday. (AP) GRS GRS

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