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    India–Afghanistan Joint Working Group on Trade Holds Virtual Meeting; Reviews Measures to Strengthen Bilateral Trade and Economic Cooperation
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September 2, 2026
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Trade facilitation and customs cooperation drive follow-up action on connectivity, regulatory coordination, investment promotion and bilateral commercial engagement.
India-Afghanistan bilateral trade and economic cooperation is being advanced through institutional engagement on trade facilitation, customs cooperation, connectivity, investment and commercial exchange. Priority areas include customs and data-sharing cooperation, visa facilitation for traders, banking and financial cooperation, pharmaceutical and agricultural trade, energy cooperation, tariff concessions, cargo connectivity and port-related matters. Follow-up action covers regulatory cooperation, improved connectivity, investment promotion and business-to-business engagement.
September 2, 2026
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Residential rooftop solar subsidy requires eligibility, prior approval, registered installation, net metering, commissioning, and verified bank details for direct transfer.
PM Surya Ghar Muft Bijli Yojana provides central financial assistance for eligible grid-connected residential rooftop solar systems, capped at Rs. 78,000 for systems of three kilowatts or more. Applicants must be Indian citizens who own a suitable house, hold a valid electricity connection, and have not received an earlier solar-panel subsidy. Applications require portal registration, distribution-company feasibility approval, installation through a registered vendor, net metering, inspection, commissioning and submission of bank details. Assistance is transferred directly after verification. State-specific net-metering procedures, approvals and additional incentives may apply.
September 2, 2026
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Sovereign credit rating upgrade reflects solid growth, stronger financial systems, and improving fiscal and external resilience.
JCR upgrades India's foreign-currency and local-currency long-term issuer ratings to A- with a stable outlook, citing sustained economic growth, productivity-oriented policies and improved financial-system soundness. Fiscal constraints include elevated deficits, intergovernmental fiscal transfers, electoral-cycle sensitivity, and high combined government debt and interest burdens. Greater emphasis on infrastructure capital expenditure has improved the quality of fiscal spending. External resilience is supported by a contained current account deficit, services surplus and foreign-exchange reserves exceeding short-term external debt.
September 2, 2026
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Personal insolvency bench constitution and repayment-plan eligibility remain contested where a larger tribunal bench stays a third-member order.
Personal insolvency proceedings raised a challenge to the National Company Law Tribunal's authority to constitute a five-member bench after a split verdict. The challenge contended that the mechanism for differing views permits reference to another member or members, but does not authorise a five-member bench. The larger bench stayed the third member's order, restricted asset alienation, and suspended an order permitting settlement of personal-guarantee claims. The dispute concerned the validity of that bench, the split-verdict reference procedure, repayment-plan eligibility, and pending creditor appeals.
September 2, 2026
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Digital lending app verification enables borrowers to identify regulated lenders, grievance channels, and warning signs before accepting loans.
GoCredit's Loan App Checker allows borrowers to search lending apps against the public Digital Lending App directory and identify the regulated lender, grievance contact and RBI Ombudsman escalation route where a match exists. Regulatory reporting by regulated entities enables app-level verification, while borrowers should also check the lender named in app disclosures and loan agreements. A directory listing is a regulated-entity disclosure, not RBI approval or endorsement. Unmatched apps should be assessed through verification steps and reported through official channels where appropriate.
September 2, 2026
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Rupee depreciation in early trade reflected oil-price pressures, risk aversion, higher Treasury yields and broad dollar strength.
Early foreign-exchange trading saw the rupee weaken against the US dollar amid renewed US-Iran tensions, risk aversion, higher Brent crude prices, and a stronger dollar. Safe-haven demand, inflation concerns linked to potential oil-supply disruption, expectations of a September Federal Reserve rate increase, and higher US Treasury yields supported the broad dollar rally. RBI monitoring of the rupee's decline was noted.
September 2, 2026
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Responsible AI governance requires ethical safeguards, privacy protection, accountability and adaptive oversight to build lasting corporate stakeholder trust.
Responsible artificial intelligence governance requires continuous innovation, inclusive development, responsible deployment and trust-based governance. AI systems should be ethical, safe, transparent, fair and human-centric, with safeguards for privacy, bias, security and accountability. Proportionate and adaptive regulation should provide clear accountability, standards, monitoring, auditability and grievance redressal. Good governance, cybersecurity, personal data protection and responsible AI together strengthen organisational resilience, stakeholder trust, transparency and sustainable innovation.
September 2, 2026
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E-auction of surplus public land enables transparent outright sale of RINL parcels through registered, KYC-verified bidding.
National Land Monetization Corporation will facilitate the e-auction and outright sale of 459 encumbrance-free RINL land parcels, including residential plots and parcels suited for commercial and logistics use. Competitive bidding will occur through the RailTel E-Nivida e-procurement platform. Participation requires online registration, KYC verification, and plot-wise submission of an earnest money deposit within prescribed timelines. The process supports transparent monetisation of surplus land and non-core public assets.
September 2, 2026
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Competition approval for infrastructure finance restructuring covers acquisition, minority transfer, investment divestment, and merger of regulated NBFCs.
Competition Commission of India approval applies to the acquisition of Aseem Infrastructure Finance Limited by TPG Nicobar SG Pte. Ltd., a subsequent minority share acquisition by ICICI Bank Limited, and Aseem's divestment of its shareholding in NIIF Infrastructure Finance Limited to National Investment and Infrastructure Fund II. Following the acquisition, Climate Finance India Private Limited is intended to merge into Aseem as the surviving entity. The entities involved include RBI-registered non-deposit taking NBFCs operating in infrastructure finance, investment and credit, and infrastructure debt financing.
September 2, 2026
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Healthcare merger approval enables KCIL to acquire fertility and specialty hospital businesses alongside related equity issuances and investment.
Competition Commission approval covers KCIL's acquisition of up to 100% equity shareholding in AFCPL and 100% equity shareholding in ASHPL. The combination includes KCIL issuing equity shares and optionally convertible debentures to AHLL, representing 9.9% fully diluted shareholding as partial consideration, together with a further KCIL equity investment by Arvon Investments Pte. Ltd. KCIL operates mother and baby care hospitals, while AFCPL provides assisted reproductive treatment and reproductive-medicine services.
September 1, 2026
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Money-laundering investigation into alleged District Mineral Fund diversion examines purported liaison activity and asset acquisition through proceeds of crime.
Money-laundering proceedings under the Prevention of Money Laundering Act concern alleged diversion of District Mineral Fund resources through the Chhattisgarh Seed Corporation. The investigation alleges siphoning of public funds by contractors in collusion with government officials and political executives. A businessman was identified as an alleged liaisoner and financial coordinator between public servants, district authorities and private vendors. Allegations also include receipt of commissions, acquisition of immovable assets from purported proceeds of crime, non-production of records, and contradictory statements during questioning.
September 1, 2026
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Foreign exchange market dynamics: rupee appreciation reflected portfolio inflows, domestic growth, and possible central-bank intervention amid external pressures.
The rupee appreciated against the US dollar, supported by domestic growth, controlled fiscal slippage, portfolio-related inflows and possible Reserve Bank of India intervention. Its gains were limited by weak equity markets, rising crude oil prices and a stronger dollar. External geopolitical tensions and hawkish US monetary signals remained potential pressures. Domestic indicators showed strong economic activity, while the current account deficit widened because of a higher merchandise trade deficit. Foreign portfolio inflows continued despite investors remaining net sellers during the year.
September 1, 2026
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Current account deficit widened as merchandise trade deficit increased, notwithstanding stronger services receipts, remittances, and foreign direct investment inflows.
India's current account deficit widened in the first quarter of 2026-27 as the merchandise trade deficit increased. Higher net services receipts, increased personal transfer receipts and lower net primary-income outgo partly supported the external account. Financial-account movements included higher net foreign direct investment inflows, a shift in foreign portfolio investment from net inflow to net outflow, and lower net inflows through non-resident deposits and external commercial borrowings. Foreign exchange reserves declined on a balance-of-payments basis during the quarter.
September 1, 2026
Show AI Summary
Technology-enabled tax compliance and enforcement supported higher commercial tax collections, while GST rate reductions moderated sectoral net GST growth.
Technology-enabled tax administration supported commercial tax and net GST collection growth in Andhra Pradesh during August 2026 and the cumulative period through August. AI-based analytics and scrutiny, IGST reversals, UPI-based enforcement, registration verification, Aadhaar authentication, digital payment enablement, predictive analytics and data sharing strengthened compliance, scrutiny and revenue mobilisation. Petroleum VAT, professional tax, liquor VAT and IGST settlement also increased, while GST rate reductions moderated net GST performance in specified product sectors.
September 1, 2026
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Windfall gains tax on petroleum exports rises for petrol and diesel while aviation turbine fuel levy is reduced.
Special additional excise duty and road and infrastructure cess on petroleum-product exports are revised with effect from 1 September 2026. The export duty on diesel is increased, the levy on aviation turbine fuel is marginally reduced, and a duty is imposed on petrol exports. Existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall-tax framework seeks to support domestic fuel availability and deter exporters from benefiting from domestic and international price differences.
September 1, 2026
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Automated Free Sale and Commerce Certificate issuance reduces manual scrutiny while preserving risk-based review for eligible exporters.
DGFT has enabled automated issuance of Free Sale and Commerce Certificates through its portal for eligible exporters of items not covered by the Drugs & Cosmetics Act, 1940. Applications satisfying prevailing framework and automated processing parameters may be issued without manual scrutiny. Applications requiring verification or not meeting those parameters may be routed for manual processing, while auto-approved applications may be flagged later for risk-based review. The mechanism seeks faster, more transparent and predictable processing while retaining necessary oversight.
September 1, 2026
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Five-day banking and equitable performance incentives drive planned nationwide bank union strike amid unresolved pension demands.
United Forum of Bank Unions has proposed nationwide strike action over delayed five-day banking, the performance-linked incentive framework, and unresolved pension demands. Five-day banking was agreed under the 12th Bipartite Settlement/9th Joint Note with extended Monday-to-Friday working hours, but remains pending for implementation. Unions challenge the incentive scheme for departing from a uniform, bank-performance-linked approach and for disproportionately benefiting senior officers. The dispute is under conciliation and pending before the Delhi High Court, while pension updation, a uniform dearness allowance formula, and an old pension scheme option remain unresolved.
September 1, 2026
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Equity market volatility intensified as higher crude prices, geopolitical tensions and tighter monetary expectations weakened domestic investor sentiment.
Indian equity markets closed marginally lower as higher crude oil prices, US-Iran tensions, and expectations of prolonged tight United States monetary policy weakened risk appetite. The phased Closing Auction Session contributed to a late recovery in the benchmark index. Rising crude prices and global bond yields triggered broad-based selling across several domestic sectors, while foreign institutional equity sales and weakness in overseas markets added to pressure despite stronger-than-expected domestic economic growth.
September 1, 2026
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GST revenue collections show higher gross and net receipts alongside increased refunds and state-level settlement data.
GST revenue collections for August 2026 recorded total gross GST revenue of Rs. 1,99,853 crore, reflecting 14.8% growth over August 2025. Total refunds were Rs. 31,795 crore, including domestic refunds and export IGST refunds processed through ICEGATE. After adjustment of refunds, total net GST revenue was Rs. 1,68,057 crore, representing 8.3% growth. SGST collections and the SGST component of IGST settlement were separately identified for States and Union Territories, with post-settlement SGST aggregating Rs. 95,531 crore.
September 1, 2026
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Trade facilitation and customs preparedness feature in AILBIEA's Silver Jubilee knowledge conference on liquid bulk commerce.
AILBIEA's Silver Jubilee programme focuses on trade facilitation, customs modernisation, GST dispute preparedness and maritime-risk issues affecting liquid bulk trade. The Knowledge Conference includes sessions on the Authorised Economic Operator advantage, next-generation customs technology, GST Appellate Tribunal-era dispute preparedness, and geopolitical risks to sea-borne trade. It also marks the launch of AGS 360, integrating port information, vessel tracking, port-call estimates and maritime intelligence.

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Uttarakhand Wedding Awards 2025: Celebrating the State’s Journey Towards Becoming a Premier Global Wedding Destination

September 29, 2025

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Dehradun (Uttarakhand) [India], September 27: The Uttarakhand Wedding Awards 2025 lit up the evening skies at Hyatt Centric, Dehradun, with a dazzling celebration of excellence, creativity, and vision in the wedding industry. Organised by Himalayan Buzz Admedia LLP, in association with The Big Daddy Events Co., the event brought together leaders from the wedding, hospitality, and tourism sectors to recognise excellence and lay the foundation for Uttarakhand’s emergence as a world-class wedding destination.

The glittering evening featured an exclusive guest list of wedding planners, hoteliers, tourism officials, and government representatives, all working collectively towards transforming Uttarakhand into a premier hub for wedding tourism.

Dignitaries Grace the Occasion The awards night witnessed the presence of eminent dignitaries who have been instrumental in shaping the state’s cultural and tourism landscape. The event was graced by Maharani of Tehri Garhwal and Member of Parliament, Mala Rajya Laxmi Shah, attending as the Chief Guest. Her presence added a touch of regal elegance and highlighted the importance of preserving Uttarakhand’s rich heritage while promoting it as a global wedding destination.

Accompanying her were other distinguished Guests of Honor, including Mrs. Tripti Juyal Semwal, Vice President of Maya Devi University, Mrs. Poonam Chand, Additional Director at Uttarakhand Tourism, and Shri Saurabh Thapliyal, Mayor of Dehradun. Their combined presence underscored the collaborative effort between government bodies, academia, and industry leaders to elevate Uttarakhand’s wedding tourism ecosystem.

Strategic Industry Dialogue – Vision & Mission 2030 One of the evening’s most significant highlights was a panel discussion on “Uttarakhand Wedding Vision & Mission 2030 – Building a Sustainable, Spiritual, and World-Class ‘Wed in India’ Destination.” The panel featured some of the most prominent voices from the wedding and hospitality sectors. Esteemed panelists included Ravi Goel, Co-founder of The Big Daddy Events; Gaurav Chanana, Whistling Teel; Rishabh Panchhi, Panchhi Events; Ayu Tripathi, Director, Aahana Resort, Jim Corbett; Ajit Singh Gandhi, General Manager, Hyatt Centric Rajpur Dehradun; and Malabika Das, Director of Celebrations, Hyatt Regency Dehradun Resort and Spa.

The session was moderated by Avinash Mishra, Founder of Badmash Kebabi, ensuring a seamless exchange of ideas and perspectives.

Recognizing Excellence – Winners of Uttarakhand Wedding Awards 2025 The evening culminated in honoring outstanding individuals and organizations whose work has set new benchmarks for quality, creativity, and service in the wedding industry. From luxury resorts and planners to designers and service providers, each winner demonstrated exceptional innovation and dedication to building world-class wedding experiences in Uttarakhand.

Uttarakhand Wedding Awards 2025 – Winners 1. Best Wedding Venue - Luxury Hotel – Taj Mussoorie Foothills, Dehradun 2. Best Wedding Venue - 5 Star Hotel – Hyatt Regency Dehradun Resort and Spa 3. Best Wedding Venue - Luxury Resort – Aahana Resort, Jim Corbett 4. Best Wedding Venue - Resort – Saraca Resort & Spa, Corbett 5. Best Wedding Venue - Ganges Beach – Summit by the Ganges, Rishikesh 6. Best Wedding Venue - Heritage Hotel – Hotel Chevron Fairhavens, Nainital 7. Best Wedding Venue - Bespoke – Hyatt Regency Dehradun Resort and Spa 8. Best Wedding Venue - Mid Size – Regenta, Dehradun 9. Best Wedding Venue - City – Hyatt Centric, Rajpur Road, Dehradun 10. Best Wedding Venue - Midscale Destination Wedding – Pride Premier Solitaire, Dehradun 11. Best Wedding Venue - Lakefront – The Lake Resort, Naukuchiatal 12. Best Wedding Venue - Lawn – Qupid by Saffron Leaf 13. Best Wedding Venue - Pre-Wedding Ceremonies – The Fern Brentwood Resort, Mussoorie 14. Best MICE Venue – Hyatt Centric, Rajpur Road, Dehradun 15. Upcoming Luxury Wedding Venue – Paatlidun Safari Lodge 16. Best Wedding Venue - Riverside – Maldevta Farms, Dehradun 17. Best Wedding Venue - Boutique Resort – AAR Resorts & Spa 18. Best Bakery - Wedding Cakes – Ellora’s Melting Moments 19. Best Wedding Photographer – Intenselovestory by Kuldeep Semwal These winners are not only redefining the wedding landscape of Uttarakhand but also helping the state gain recognition as a leading destination for grand celebrations and luxury weddings.

Leadership Speaks Sharing her thoughts on the event, Namrata Bhandari, Editor-in-Chief, Himalayan Buzz Magazine, stated: “Uttarakhand is blessed with a rare combination of breathtaking landscapes and world-class hospitality. Through these awards, our aim is to spotlight the talented individuals and organizations working tirelessly to make the state a top choice for weddings and celebrations.” Adding to this, Gauraveshwar Singh, Co-founder, Himalayan Buzz, remarked: “The Uttarakhand Wedding Awards are not just about recognition but about building a collaborative platform that unites the wedding industry. This initiative is a step forward in positioning Uttarakhand as a global wedding hub while fostering sustainable growth and innovation.” About Uttarakhand Wedding Awards The Uttarakhand Wedding Awards is a flagship initiative by Himalayan Buzz Admedia LLP. The awards celebrate individuals and organizations driving growth in the wedding and events industry while promoting Uttarakhand as one of India’s most desirable wedding destinations.

With Himalayan Buzz at the forefront, the initiative focuses on fostering excellence, sustainability, and innovation, ensuring that Uttarakhand’s wedding tourism sector thrives and competes on a global stage.

Media Contact: Himalayan Buzz Admedia LLP Email: [email protected] Phone: +91-70373 99960 (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR

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