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    Minister of State for Commerce and Industry, Shri Jitin Prasada, Visits Hungary to Strengthen Bilateral Cooperation in Trade, Investment and Technolog...
    Department of Financial Services Conferred with the ‘PM Surya Ghar Excellence Award’ for Leading Government Building Solarisation
    India Advances Global Diamond Industry Agenda Ahead of Kimberley Process Plenary
    Consolidation of Instructions Related to Priority Sector Lending – Drafts for Comments
    In view of upcoming festive season and to enable States to accelerate capital spending and finance their development/ welfare related expenditure, Uni...
    Inter-Ministerial Group Recommends Asset Monetisation Proposals Worth Over ₹1,100 Crore for Approval by Cabinet-Delegated Alternative Mechanism
    IICA signs MoU with IAMC to augment Alternative Dispute Resolution ecosystem and facilitate Ease of Doing Business in India
    Commission approves subscription of certain securities of Gentari Renewables India Pte. Ltd. by Sapphire US HoldCo (USA), LLC
    CCI approves acquisition of certain business of Deutsche Bank Aktiengesellschaft by Kotak Mahindra Bank, and other related transactions
    Revision in E-Way Bill and Consolidated E-Way Bill Numbering Formats w.e.f. 1 January 2027
    NLMC Successfully Concludes Second Phase of RINL Land E-Auction at Visakhapatnam on 3rd November 2026, Generates ₹218 Crore in Successful Bids
    APEDA Facilitates Trial Export of 1.5 MT of Arunachal Pradesh Kiwi to Dubai
    APEDA Facilitates Export of 1.3 MT of Sinduri Pomegranates from Kullu to Dubai
    Leading Today, Building for Tomorrow - Special address by Shri Swaminathan J, Deputy Governor at the Leadership Conference of Indian Bank in Chennai o...
    NLMC Organises Pre-Bid Meeting for E-Auction of 5.119-Acre HIL (India) Limited Land Parcel in New Delhi
    Commerce and Industry Minister Shri Piyush Goyal Calls Upon Youth to Lead India’s Journey Towards Becoming a Developed Nation by 2047
    Commerce and Industry Minister Shri Piyush Goyal Chairs Roundtable on Strengthening India’s Biopharma Startup Ecosystem and Accelerating Bioeconomy ...
    Advisory on Key Changes in the GST Registration Amendment Process
    Advisory on Enhancements Related to Composition Levy Functionality under GST
    TDS Registration Advisory for Dealers in Scrap and Other Notified Goods
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November 6, 2026
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Bilateral trade and investment cooperation spans electronics, pharmaceuticals, agriculture and emerging technologies, with business engagement exploring commercial opportunities.
Bilateral trade, investment and technological cooperation between India and Hungary were the focus of ministerial meetings and business engagements during a visit to Hungary from 4 to 6 November 2026. A meeting with Hungary's Minister of Science and Technology explored collaboration in emerging technologies, research and innovation between industries and research institutions. The accompanying Indian business delegation interacted with Hungarian trade and investment organisations and held business-to-business meetings with Hungarian companies to explore trade, investment and commercial opportunities.
November 6, 2026
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Rooftop solarisation across feasible administrative buildings follows assessments of roof access, ownership, shadow profiles and load-bearing capacity.
Rooftop solarisation covers all 2,576 buildings identified as feasible among 4,144 buildings of organisations under the Department of Financial Services' administrative control. Fully commissioned solar photovoltaic plants provide an aggregate installed capacity of 61.50 MW. Feasibility assessments considered roof-access rights, building ownership, shadow profiles and load-bearing parameters. The Department received the PM Surya Ghar Excellence Award, second position in the category for maximum buildings solarised by central ministries and departments, on 5 November 2026.
November 6, 2026
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Conflict diamond certification and responsible sourcing take centre stage in discussions on compliance, digitalisation and industry governance.
Working body chairs and vice-chairs discussed work plans and matters proposed for plenary consideration, including draft administrative decisions, responsible sourcing initiatives, improvements to statistical reporting, institutional governance and participant compliance. Further discussions addressed potential reform of the conflict diamond definition, digitalisation of certification and statistics, sustainable funding and continuity of the secretariat, and effective reporting and peer review. Participants also considered artisanal and alluvial production, the sustainability of producing countries and communities, and compliance with scheme minimum requirements.
November 6, 2026
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Priority sector lending targets and classification face proposed consolidation across bank categories, with public feedback invited on entity-specific drafts.
Priority sector lending targets and classification are the subject of proposed consolidated directions following a review of existing instructions. Separate drafts are proposed for commercial banks, small finance banks, local area banks, regional rural banks and urban co-operative banks. The proposals consolidate existing instructions on an entity-specific basis; instructions omitted from the consolidated drafts are to be repealed following issuance of the directions, with the repeal to be notified separately. Public comments or feedback on the drafts may be submitted by 26 November 2026 through the Connect 2 Regulate section of the Reserve Bank's website, using the relevant link for each draft, or by email.
November 5, 2026
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Tax devolution was advanced ahead of the festive season to support capital spending and development and welfare expenditure.
Regular tax devolution of Rs. 1,09,019 crore was released by the Union Government to State Governments on 5 November 2026, ahead of its normal monthly release date of 10 November 2026. The instalment was advanced in view of the festive season to enable States to accelerate capital spending and finance development and welfare expenditure.
November 5, 2026
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Surplus public asset monetisation proposals require delegated approval and prescribed procedures, supported by valuation and competitive price discovery.
Monetisation proposals for surplus land and buildings of Central Public Sector Enterprises (CPSEs), involving assets valued at over Rs.1,100 crore, have been recommended by the Inter-Ministerial Group for consideration and approval by the Cabinet-delegated Alternative Mechanism. Further monetisation activities are to follow the requisite approvals in accordance with prescribed procedures. The programme aims to realise the economic potential of surplus and underutilised public assets through systematic assessment, professional transaction preparation and competitive price discovery.
November 5, 2026
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Alternative dispute resolution collaboration targets professional training, MSME mediation and policy research to strengthen institutional arbitration and mediation.
Alternative dispute resolution capacity building is the focus of a memorandum of understanding between the Indian Institute of Corporate Affairs and the International Arbitration and Mediation Centre. The collaboration aims to strengthen institutional cooperation and professional excellence in arbitration, mediation and corporate affairs. It envisages customised short- and long-term courses, workshops, seminars and other skills programmes to develop arbitrators, mediators and dispute resolution professionals. Structured programmes, joint initiatives and policy-oriented research are also contemplated, drawing on the institutions' expertise and resources.
November 5, 2026
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Competition approval for securities subscription enables investment in renewable power generation and battery energy storage operations.
The Competition Commission of India has approved Sapphire US HoldCo (USA), LLC's subscription of certain securities of Gentari Renewables India Pte. Ltd. The proposed combination involves investment in a company engaged in power generation through renewable energy sources and battery energy storage solutions in India. Sapphire US HoldCo is a special purpose vehicle incorporated solely for the proposed transaction and is indirectly owned by vehicles or accounts advised and managed by various subsidiaries of KKR & Co. Inc.
November 5, 2026
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Banking business acquisition on a slump sale basis receives competition approval alongside contemplated investment advisory and portfolio management referrals.
Competition Commission of India approval covers Kotak Mahindra Bank Limited's acquisition of Deutsche Bank Aktiengesellschaft's retail banking, private banking and wealth management business conducted through its Indian branches. The acquisition is structured as a going-concern transfer on a slump sale basis. The parties also contemplate affiliate-level referral arrangements for customers of Deutsche Investments India Private Limited's investment advisory and portfolio management businesses to relevant wholly owned subsidiaries of Kotak Mahindra Bank. Deutsche Investments India Private Limited is an indirect wholly owned subsidiary of Deutsche Bank.
November 4, 2026
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E-Way Bill numbering changes propose longer identifiers, with system modifications advised and sandbox testing planned before implementation.
Proposed E-Way Bill numbering changes would increase the E-Way Bill number from 12 to 14 digits and the Consolidated E-Way Bill number from 10 to 11 digits, with effect from 1 January 2027. Taxpayers, GSPs, ERP and software providers, and API integrators are advised to modify applications, APIs, database schemas and validation rules to accommodate the revised formats. The changes are to be released in the Sandbox environment for testing, with relevant details to be published on the E-Way Bill Portal.
November 4, 2026
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Surplus public land monetisation through competitive e-auctions uses reserve prices and market bidding to support asset price discovery.
In the second phase on 3 November 2026, 114 parcels attracted successful bids totalling Rs.218 crore against an aggregate reserve price of Rs.184.81 crore, a premium of 17.96%. Across both phases, 264 parcels attracted Rs.584.33 crore in successful bids against a combined reserve price of Rs.497.29 crore, a 17.50% premium. NLMC plans a third round for the remaining unsold parcels, subject to applicable approvals and conditions; its schedule and other details are to be announced in due course.
November 4, 2026
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Kiwi export market development links local growers with overseas retail testing of consumer demand, packaging and quality expectations.
Kiwi export promotion from Arunachal Pradesh involves a trial shipment of 1.5 metric tonnes from Ziro to Dubai, facilitated by the Agricultural and Processed Food Products Export Development Authority (APEDA). Retail-level consumer tasting and feedback are intended to assess acceptance and potential demand, as well as preferences and expectations concerning quality, packaging and presentation. The findings may help growers, cooperatives and exporters prepare for future commercial shipments and identify market opportunities.
November 4, 2026
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Agricultural export facilitation connects pomegranate farmers and producer organisations with international markets through direct procurement and exporter coordination.
Agricultural export facilitation linked pomegranate growers in Kullu, Himachal Pradesh, with international markets through an APEDA-supported export of 1.3 metric tonnes of Sinduri pomegranates to Dubai. Uttar Pradesh-based Amama Exports sourced the produce directly from local farmers and the Bhuntar farmer producer organisation (FPO), associated with approximately 600 farmers, with procurement and coordination support from the district horticulture administration. Participating farmers realised prices 50% higher than the prevailing domestic market benchmark. Opportunities for horticultural exports to the United Arab Emirates depend on buyer demand, quality requirements and applicable import regulations.
November 3, 2026
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Sustainable banking growth requires prudent lending, diversified deposits, resilient technology and sound governance to maintain customer trust.
Sustainable credit growth calls for sound underwriting, appropriate risk pricing and assessment of borrowers' repayment capacity, supported by a stable, diversified deposit franchise. As digital operations expand, operational and technological resilience encompasses cybersecurity, data protection, business continuity and oversight of third-party service providers. These are institution-wide priorities requiring participation by business functions and senior management, rather than responsibilities confined to technology teams.
November 3, 2026
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Public-sector land monetisation through e-auction offers industrial land for sale subject to eligibility, bidding and redevelopment conditions.
The bidding parameter is the highest auction price, with bids in multiples of Rs. 1 crore per acre. Consortium participation is permitted for up to three members. Earnest money may be paid by bank guarantee or NEFT/RTGS as stipulated in the Request for Proposal. Participants must comply with the specified registration, eligibility, technical bid and auction requirements. Technical bids must be submitted by 1400 hours on 19 November 2026 through the designated e-auction portal, https://nlmc.enivida.com.
November 3, 2026
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Export growth and interest in trade partnerships accompany an ambitious national development vision that calls for youth participation.
The Minister said countries across regions were interested in entering into preferential trade agreements and free trade agreements with India. In education, he highlighted flexibility under the National Education Policy, including opportunities for students to change courses, earn credits and move between streams. He emphasised access to online knowledge through digital connectivity and encouraged students to continue learning and adapt to changing circumstances.
November 3, 2026
Show AI Summary
Biopharma startup regulation discussions address faster approvals, a proposed regulatory sandbox, shared infrastructure and simplified patent applications.
Biopharma startup regulatory reform discussions focused on streamlined regulations and faster approvals, including a proposed regulatory sandbox, single-window clearance, global regulatory alignment and simplified patent application processes. Improved access to finance and time-bound action on recommendations were also emphasised to support innovation and growth in India's bioeconomy. The discussions addressed shared infrastructure, including laboratories, testing and clinical trial facilities, to reduce costs and help startups scale.
November 2, 2026
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GST registration amendments require online contact verification and validation for changes other than the principal place of business.
An application to change the principal place of business continues to be examined by the proper officer under Rule 19 of the Central Goods and Services Tax Rules, 2017. For other changes, including the legal name, business personnel and additional places of business, the registration certificate stands amended upon submission and online validation. Online verification of the mobile number and email address of the primary authorised signatory and one selected promoter, partner, director, Karta, member or trustee is mandatory. OTP verification must be completed within three days of submission; otherwise, an Application Reference Number (ARN) will not be generated.
November 2, 2026
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Composition levy category selection requires taxpayers to choose between existing and new eligibility categories, with updates through amendment applications.
Taxpayers may select either the existing Section 10(1) categories or the new category for a person eligible under Section 10(2A), but cannot select both options. Multiple existing categories may be selected; the new category is a single selection. Composition taxpayers may change or update their category through an amendment application in Form REG-14. They must ensure that the selected category is correctly updated across all GSTINs linked to the same PAN.
November 2, 2026
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TDS registration for notified scrap and used cooking oil requires dealers to specify their business category in the application.
Additional notified goods include used cooking oil under heading 1518, plastic waste and scrap under heading 3915, tyre waste and scrap under heading 4004, and electrical and electronics waste and scrap under heading 8549. For TDS registration, taxpayers engaged in these goods categories must select "Others" under "Constitution of Business" in Part B of Table 2 of Form GST REG-07. They must specify the relevant dealer category in the text box that appears, complete the remaining details and submit the application.

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Through their eyes: Donald Trump and his actions, as seen by leaders from around the world

September 28, 2025

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United Nations, Sep 28 (AP) Regardless of political perspective, no one could argue that the presidency of Donald Trump — and his second term so far in particular — has been anything less than consequential, not only for the United States but for the world.

That hasn't gone unremarked-upon at the UN General Assembly's meeting of world leaders, to whom Trump spoke Tuesday. In marquee speeches and other settings, many of them have mentioned Trump and his policies, be it obliquely or directly.

Here's a sampling of quotes by leaders and luminaries from around the world this past week at the United Nations talking about Trump and his administration — positive, negative and in between.

FRANCE “Guess what? I'm waiting in the street because everything is frozen for you! ... I would love this weekend to have a short discussion with Qatar and you on the situation in Gaza.” — French President Emmanuel Macron in a phone call to Trump after encountering a road closure because of the US president's motorcade.

CHINA “A major cause of the current global economic doldrums is the rise in unilateral and protective measures, such as tariff hikes and erection of walls and barriers. We should collaborate more closely to identify and expand convergence of interests, promote universally beneficial and inclusive economic globalisation, and help each other succeed by moving forward in the same direction.” — Chinese Premier Li Qiang in his General Assembly speech.

ARGENTINA “President Trump of the United States also understands that the time has come to reverse a dynamic that is leading the United States towards a disaster, and we know that a disaster in the United States is a global disaster. His unflinching and successful policy in terms of halting illegal immigration makes that conviction more than clear. ... What Donald Trump is also doing is restructuring the terms of international trade in unprecedented fashion. ... Furthermore, he's instituting a cleanup of the institutional capture of the American state.” — Argentine President Javier Milei in his General Assembly speech.

BOLIVIA “We have a third cause of the current wars, which is more immediate. That is the obsessive zeal of the new Trump administration to give the United States back its position as a hegemonic power, at the cost of the liberal system, free trade, globalisation, and to cause pain and death. For what? To take ownership over natural resources, to take control over commodities for the benefit of an imperial system, and to subordinate the majority of countries for their insatiable thirst for privilege and wealth, and to try to maintain a unipolar order at any cost.” — Bolivian President Luis Arce in his General Assembly speech.

UKRAINE “Yesterday, we had a good meeting with President Trump, and I also spoke with many other strong leaders, and together, we can change a lot.” — Ukrainian President Volodymyr Zelenskyy in his General Assembly speech.

RUSSIA “In the approaches of the current US administration, we see a desire not only to contribute to ways to realistically resolve the Ukrainian crisis, but also a desire to develop pragmatic cooperation without adopting an ideological stance.” — Russian Foreign Minister Sergey Lavrov in his General Assembly speech.

INDIA "If climate action itself is questioned, what hope is there for climate justice?” — Indian Foreign Minister Subrahmanyam Jaishankar.

ARMENIA “The role of United States President Donald Trump is decisive in this (Armenia-Azerbaijan) peace process, whose dedication, consistency and principledness made possible what seemed to be impossible.” — Armenian Prime Minister Nikol Pashinyan in his General Assembly speech. Azerbaijani President Ilham Aliyev also thanked Trump for his role in the peace initiative and “for opening a new chapter in the US -Azerbaijan relationship.

CAMBODIA “We are grateful that a ceasefire (with Thailand), brokered by US President Trump, effectively halted armed clashes.... However, the ceasefire remains very fragile.” — Cambodian Deputy Prime Minister Sokhonn Prak in his General Assembly speech. Thai Foreign Minister Sihasak Phuangketkeow also saluted “President Trump's strong dedication to peace” while calling the ceasefire “fragile.” SLOVENIA “States are withdrawing from the Paris climate agreement, from the Ottawa treaty and from U.N. agencies, or simply cutting their financing. Each such act chips away at the support for multilateralism, a system designed not for the powerful few, but for the benefit of us all.” — President Natasa Pirc Musar of Slovenia in her General Assembly speech. (The US has withdrawn from the Paris accord and from multiple UN agencies. The US never signed onto the Ottawa Convention against antipersonnel land mines; some other countries are withdrawing from it.) BELARUS “The actions of the United States of America to reduce its support to the UN, which has already caused plans to cut staff in our organisation, are a very unpleasant wake-up call. But you'll have to agree that if the UN is able to be an impartial forum and move with the times, it will be in demand by everyone.” — Foreign Minister Maxim Ryzhenkov of Belarus in his General Assembly speech.

CONGO “I applaud, in this regard (the Congo-Rwanda peace deal ) the leadership of President Donald Trump.” — President Felix Tshisekedi of Congo in his General Assembly speech. Rwandan Foreign Minister Olivier Nduhungirehe also credited “strong leadership” from Trump and Qatari Emir Sheikh Tamim bin Hamad Al Thani.

HAITI “I also must thank President Trump's administration for the efforts made to bring support and resources to our common fight against gangs, the enemies who threaten both Haiti and the whole region.” — Laurent Saint-Cyr, head of Haiti's transitional presidential council, in his General Assembly speech.

SAINT KITTS AND NEVIS “We recognize the serious threats posed by drug trafficking and other transnational crimes. These scourges must be addressed through cooperation, dialogue respect for sovereignty and the full respect for the principles of international law....We encourage dialogue between our two friends — the Bolivarian Republic of Venezuela and the United States of America — to ensure that our region remains a zone of peace.” — Prime Minister Terrance Drew of Saint Kitts and Nevis.

COLOMBIA “Was it really necessary to bomb unarmed, poor young people in the Caribbean? The anti-drug policy is not meant to stop cocaine that is coming to the United States. The anti-drug policy is to dominate the peoples of the South as a whole.... And there should be criminal cases against those officials of the United States for doing this, including the the utmost official, President Trump, who allowed the shooting of missiles against these young people who were simply trying to escape poverty.” — Colombian President Gustavo Petro in his General Assembly speech.

SOUTH KOREA “It would be fantastic if (Trump and North Korean leader Kim Jong Un) met with each other in the near future. And (South Korean) President Lee Jae Myung made it clear to President Trump that he will not be sitting in the driver's seat. He asked President Trump to become a peacemaker, and he relegated himself to become a pacemaker. We don't mind. On the contrary, we want President Trump to exercise his leadership to pull North Korea to dialogue table.” — South Korean Foreign Minister Cho Hyun, in an interview with the Associated Press.

IRELAND “I call on those who have provided — and who continue to provide — Israel with the means necessary to prosecute its war (in Gaza) to reflect carefully on the implications of their actions and the consequences for the Palestinian people.” — Irish Prime Minister Micheal Martin in his General Assembly speech.

ISRAEL “Thankfully, President Trump's administration is forcefully fighting the scourge of antisemitism, and every government here should follow its lead.” — Israeli Prime Minister Benjamin Netanyahu in his General Assembly speech.

PALESTINIANS “We are ready to work with US President Donald Trump and with the Kingdom of Saudi Arabia and France and the United Nations to implement (a proposal for settling the Israeli-Palestinian conflict).” — Palestinian leader Mahmoud Abbas in his video speech to the General Assembly.

BRAZIL “I think that indeed there was some chemistry there.... I'm going to treat him with the respect that he deserves as the president of the US, and he's going to treat me with the respect that the president of the Federal Republic of Brazil deserves.” — Brazilian President Luiz Inacio Lula da Silva at a press conference at UN headquarters after he and Trump crossed paths in the General Assembly hall. (AP) MPL MPL

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