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    Union Minister of Commerce and Industry Shri Piyush Goyal to Visit the United States to Participate in G20 Trade Ministers’ Meeting
    14th India-UAE High Level Joint Task Force Meeting Held in Mumbai
    CBDT extends due date for furnishing Return of Income for AY 2026-27 in respect of persons subject to audit under the Income-tax Act, 1961
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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.
September 28, 2026
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Cross-border investment facilitation under CEPA supports local-currency settlement, payment integration, joint projects and timely resolution of investor concerns.
Financial-sector cooperation covers local-currency settlement, integration of payment and messaging systems, and central-bank digital currencies, with steps to support timely implementation for more efficient, accessible and resilient bilateral trade and investment. The UAE-India Fast Track Mechanism remains available for addressing outstanding concerns affecting investments and companies in both jurisdictions, and the parties agreed to support timely resolution of such matters.
September 28, 2026
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Return filing and tax audit deadlines are extended for the identified taxpayer category under the applicable statutory framework.
CBDT extends the Assessment Year 2026-27 Return of Income filing deadline for persons identified at serial no. 2 in the Table below Explanation 2 to section 139(1) of the Income-tax Act, 1961, from 31 October 2026 to 21 November 2026. The specified date for furnishing the audit report for the same class is extended from 30 September 2026 to 21 October 2026.
September 28, 2026
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Courier-based gold smuggling enforcement targets concealed distribution through paper entities and foreign-origin gold consignments nationwide.
Coordinated customs enforcement targeted an organised gold-smuggling network that used courier consignments to distribute foreign-origin gold after cross-border entry. The operation led to seizure of 6.61 kg of gold bars under the Customs Act, 1962, and arrests of eleven associated persons. The network allegedly split gold into small consignments and used paper entities or persons without legitimate gold transactions to conceal distribution through courier channels.
September 28, 2026
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Anti-drug awareness and cultivator outreach combine prevention, direct grievance redressal, and safeguards against illicit narcotics diversion.
Jan Sunwayi programmes provide direct, prompt and accessible grievance redressal for opium cultivators, including name corrections, Namantaran, and eligibility connected with the upcoming Settlement Operation. Cultivators are advised to avoid middlemen or intermediaries and seek clarification or assistance directly. These measures complement anti-drug awareness and preventive outreach aimed at preventing illegal trafficking, diversion and abuse of narcotic drugs and psychotropic substances.
September 28, 2026
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NDPS enforcement targets concealed poppy straw, opium and cannabis trafficking through seizures, arrests, and continuing supply-chain investigation.
Narcotics enforcement operations in Rajasthan led to seizures of poppy straw, opium, hydroponic cannabis, cash, vehicles and a loaded country-made pistol, with four arrests. Poppy straw was recovered from vehicles and premises, including a truck where it was concealed beneath cement bags. Opium and cash were recovered from residential premises, while hydroponic cannabis concealed in an international parcel was recovered at the Foreign Post Office, Jaipur. The seized articles were taken under relevant provisions of the Narcotic Drugs and Psychotropic Substances Act, 1985, and supply-chain investigation continues.
September 28, 2026
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Free trade agreement market access is positioned to expand export opportunities and international investment for local entrepreneurs.
Free Trade Agreement-led market access is positioned to expand international opportunities for entrepreneurs in Uttar Pradesh by supporting exports, investment inflows and access to overseas markets. International trade engagement is supported through direct business access to global markets, buyer-seller meetings and promotion of the State's products, cuisines and services. Export expansion, international investment, tourism and global recognition of State brands form the stated next phase of economic development, supported by coordination between governments and trade and industrial stakeholders.
September 28, 2026
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Multilateral infrastructure cooperation guides annual development bank participation and bilateral engagement on sustainable investment and economic connectivity.
The official visit includes participation, as India's Governor, in the Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank, alongside bilateral meetings and engagement with governmental leadership, business leaders and investors. The AIIB focuses on sustainable infrastructure and productive-sector investment in Asia to promote sustainable economic development, wealth creation and infrastructure connectivity.
September 25, 2026
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Reciprocal trade agreement negotiations face tariff and subsidy pressures as both governments pursue lower bilateral trade barriers.
India-US bilateral trade negotiations seek completion of the first-phase Bilateral Trade Agreement through a reciprocal trade arrangement lowering trade barriers and tariffs. Further negotiations are required because of changed US tariff conditions, forced-labour tariffs on Indian goods, a possible investigation into excess industrial capacity and subsidies, and sanctions legislation relating to Russia. Ministerial and bilateral engagements will review progress on the proposed reciprocal arrangement.
September 25, 2026
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Banking strike contingency measures direct customers toward advance transactions and digital channels as branch operations may be disrupted.
Banking-service continuity measures anticipate possible disruption from a three-day employee strike. Customers are advised to complete essential transactions in advance and use ATMs/ADWMs, mobile and internet banking, UPI, business correspondent points and other digital channels. Branch and office operations at participating institutions may be affected, while essential services are to be maintained where possible. Union demands include a five-day banking week, pension improvements and transition options from the National Pension System to the old pension scheme.
September 25, 2026
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Government borrowing calendar: Reduced dated-securities borrowing will use weekly auctions, green bonds, switches and buyback operations.
Second-half dated-security borrowing will be completed through weekly auctions across maturities ranging from 3 years to 50 years, including Sovereign Green Bonds. Switching and buyback operations will continue to smooth the redemption profile, while a greenshoe option may permit retention of additional subscriptions. Treasury Bill borrowing will proceed through 91-day, 182-day and 364-day instruments. Auctions will offer non-competitive bidding for specified retail investors, and flexibility is retained to modify issuance terms or introduce non-standard maturity instruments, floating-rate bonds and inflation-indexed bonds.
September 25, 2026
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Interest-free working capital assistance for FCV tobacco growers supports liquidity, institutional loan repayment, crop inputs, and reduced private borrowing.
A one-time, interest-free working-capital loan of Rs. 50,000 per barn is approved for FCV tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme. Covering about 44,000 growers, the assistance is proposed to be delivered through direct benefit transfer. It is intended to provide liquidity for household requirements, institutional loan repayment and crop inputs, while reducing dependence on private borrowing.
September 25, 2026
Show AI Summary
Government securities auction calendar establishes retail bidding access, flexible issuance terms, greenshoe subscriptions, and periodic debt switch operations.
Each auction carries a non-competitive bidding facility, under which five per cent of the notified amount is reserved for specified retail investors. The Government may modify indicated amounts, issuance periods and maturities, and may issue instruments with non-standard maturities, floating-rate bonds or inflation-indexed bonds, having regard to governmental requirements, market conditions and other relevant factors. It may retain additional subscriptions through a greenshoe option and conduct switch or buyback auctions of dated securities.
September 25, 2026
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Market borrowing plan sets dated securities auctions, Treasury Bill issuance, redemption management, and temporary cash-flow support.
Government market borrowing for the second half of FY 2026-27 is to be raised through weekly auctions of dated securities, including Sovereign Green Bonds, across maturities from 3 to 50 years. Debt-management measures include switching and buyback operations to smooth the redemption profile and a greenshoe option for additional subscriptions. Treasury Bills are to be issued through weekly auctions in 91-day, 182-day and 364-day maturities. The Ways and Means Advances limit is fixed to address temporary mismatches in government accounts.
September 25, 2026
Show AI Summary
GI-tagged agricultural exports expand farmer access to international markets through FPO-led value chains and higher price realisation.
APEDA facilitated the export of a one-metric-tonne consignment of GI-tagged Gulbarga Tur Dal from Karnataka to the Maldives through an FPO-led brand. Gulbarga Tur Dal has held GI registration since 2019. The export-linked channel provides farmers a realisation of Rs.82 per kg compared with a prevailing market price of Rs.60 per kg, while supporting closer integration of FPOs and farmers into export-oriented supply chains.
September 25, 2026
Show AI Summary
Trader welfare policy discussions covered GST reform, digital commerce, finance access, export promotion, and coordinated institutional support.
Deliberations covered GST rationalisation, refund delays, audit duration, amnesty schemes, input tax credit anomalies and pending appeals, alongside proposed inclusion of traders in MSME facilitation committees, a centralised loan portal with a 30-day timeline, CIBIL score reforms and grievance helplines. Trader welfare measures considered timely contractor payments, safeguards against technical penalties, loan-repayment flexibility during lean periods and stronger Centre-State coordination.
September 25, 2026
Show AI Summary
Gold smuggling through powdered gold concealed in food products led to seizure and arrests under customs law.
Intelligence-led interception and baggage examination identified foreign-origin gold converted into fine powder and mixed with packaged food products of similar colour, texture and consistency. Segregation and assaying yielded 9.40 kg foreign-origin gold, which was seized under the Customs Act, 1962. Questioning linked the passengers to the same organised gold-smuggling syndicate, and they were arrested under that Act.
September 25, 2026
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Customs seizure of suspected smuggled areca nuts and restricted poppy seeds followed intelligence-led cross-border enforcement operations.
Intelligence-led customs enforcement in Mizoram and Assam resulted in seizure, under the Customs Act, 1962, of suspected foreign-origin areca nuts and poppy seeds believed on preliminary inquiry to have been smuggled from Myanmar. Searches of locked, unattended godowns near the Indo-Myanmar border recovered the commodities, while interception of two trucks carrying poppy seeds without valid import documents led to seizure of the consignments and vehicles. Four persons connected with transportation of the poppy seeds were arrested.
September 25, 2026
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Industrial control system cybersecurity certification validates system-level protection across wind farm controls, networks, and lifecycle security services.
IEC 62443-3-3 Security Level 2 certification applies to a wind farm control system covering SCADA, PPC, PLC and industrial network devices. It assesses system-level security requirements, including the interaction of components, networks and security mechanisms within an overall industrial control environment. The cybersecurity framework also spans secure development, certified core control components, system-level protection, and security integration and maintenance services across the lifecycle of wind energy technologies.
September 25, 2026
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Foreign exchange reserve composition reflects a weekly decline driven by foreign currency assets despite a modest gold increase.
India's foreign exchange reserves declined by USD 14.881 billion to USD 765.901 billion for the week ended 18 September 2026. The contraction was principally driven by a reduction in foreign currency assets, which also reflect valuation effects from movements in non-US reserve currencies. Gold reserves increased, while Special Drawing Rights decreased and the reserve position with the International Monetary Fund remained reported separately.

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Israeli navy intercepts boats attempting to break Gaza blockade; arrests activists

October 3, 2025

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Jerusalem, Oct 3 (AP) Hundreds of Israeli police officers were deployed Thursday to the southern port of Ashdod to process some 450 international activists detained by Israeli naval forces hours earlier in the Mediterranean Sea, Israeli authorities said.

The activists, including European lawmakers, were taking part of a flotilla attempting to break Israel's blockade of Gaza when their vessels were intercepted, drawing widespread condemnation and sparking protests around the world.

The Global Sumud Flotilla was the largest yet to try to break the blockade, and it comes at a time of growing criticism of Israel's conduct in Gaza, where its offensive has laid waste to wide swaths of territory and killed tens of thousands of people.

Activists had said they hoped that the sheer number of boats would make it more difficult for Israeli authorities to intercept them all — but Israel's Foreign Ministry declared the operation over on Thursday afternoon.

Israeli police shared a video showing some 600 officers working on the Jewish holiday of Yom Kippur, considered the holiest in the Jewish calendar, to register the detained activists ahead of their expected deportations.

Widespread protests Thousands of people supporting the flotilla took to the streets in several major cities after news of the interception broke to decry the Israeli operation and the ongoing offensive in the Gaza Strip. Italy's largest union called for a one-day general strike on Friday.

While the majority of marches were peaceful, clashes erupted between police and pro-Palestinian protestors in Paris and in Barcelona, Spain.

The flotilla, which started out with more than 40 boats and some 450 activists, was carrying a symbolic amount of humanitarian aid to Gaza. Its main goal, they said, remained "to break Israel's illegal siege and end the ongoing genocide against the Palestinian people." Israel's Foreign Ministry dismissed it as a “provocation,” saying that various countries have offered to deliver the aid the boats were carrying. Israel has come under intense criticism for how much aid it lets into Gaza and how it distributes the goods. It has vehemently denied it is committing genocide.

Israeli Prime Minister Benjamin Netanyahu commended his nation's navy and soldiers for stopping the flotilla on Yom Kippur, saying in a statement that “Their important action prevented dozens of vessels from entering the war zone and repelled a campaign of delegitimisation against Israel." Flotilla organisers said at least 41 of their boats were intercepted or assumed intercepted in the nightlong Israeli operation. Israeli authorities later said only one boat remained “at a distance” and would be intercepted if it approached.

The flotilla has streamed its voyage online via live cameras aboard different boats, though most connections were lost as Israeli authorities began boarding them in international waters on Wednesday evening.

An ongoing war and an even longer blockade The Hamas-led attack on southern Israel on October 7, 2023, triggered this war. Militants killed some 1,200 people that day, while 251 others were abducted. Forty-eight hostages are still held in Gaza — around 20 believed to be alive.

Israel's ensuing campaign has killed more than 66,000 Palestinians, according to Gaza's Health Ministry, which does not differentiate between civilians and militants in its toll. The ministry, which is part of the Hamas-run government and whose figures are viewed by experts as the most reliable estimate, has said women and children make up around half the dead.

Israel has maintained varying degrees of blockade on Gaza since Hamas seized power in 2007, saying it is necessary to contain the militant group. Critics deride the policy as collective punishment.

After the war started, Israel tightened the blockade but eased up later under US pressure. In March, it sealed the territory off from all food, medicine and other goods for 2 ½ months, contributing to Gaza's slide into famine.

The flotilla said it wanted to establish a humanitarian corridor by sea, given the little aid that was reaching Gaza by land.

Activists and European lawmakers detained Israeli forces detained and removed dozens of people — including Greta Thunberg, former Barcelona Mayor Ada Colau and European Parliament member Rima Hassan — from the flotilla.

Israel's Foreign Ministry posted photos and videos of some of the detainees saying in a statement that they were “safe and in good health” and would be transferred to Israel for deportation.

Earlier, live broadcasts from the activists showed Israeli boats approaching their vessels, spraying them with water canons and flashing bright lights before troops boarded the flotilla.

Anticipating the interceptions, activists wearing life jackets sat in circles and raised their hands in the air. Some managed to stream the moment live from their cellphones before tossing their devices into the sea.

Many decry flotilla's interception Turkey, Colombia, Pakistan and others condemned Israel's interception of the flotilla.

Italy, France, Poland and other European nations, which had warned the activists not to continue the journey and avoid confrontation with Israel, said they were working with Israeli diplomatic authorities to ensure their citizens were transferred to land and deported home swiftly.

Italian Premier Giorgia Meloni, one of Israel's staunchest allies, on Thursday slammed Italian unions for their decision to call a general strike on Friday in solidarity with the flotilla.

“I continue to believe that all this brings no benefit to the Palestinian people. On the other hand, I understand that it will bring a lot of problems to Italian citizens,” Meloni told reporters upon her arrival in Copenhagen for a summit.

Turkey's Foreign Ministry described the interceptions as an “act of terrorism” and a severe breach of international law in a statement late Wednesday.

The detention of activists was part of Israel's “ongoing aggression,” the Pakistani Foreign Ministry said, adding that Israel's blockade of Gaza had caused “immense suffering” for more than 2 million Palestinians in the strip.

Israel has argued its actions constitute a lawful naval blockade needed to prevent Hamas from importing arms, while critics consider it collective punishment of Palestinians in Gaza.

Whether the blockade is militarily justified is a point of contention. But the flotilla argues they are a civilian, unarmed group and that the passage of humanitarian aid is guaranteed under international law.

Colombian President Gustavo Petro announced late Wednesday that his government would expel Israel's diplomatic delegation in the South American country and terminate a free trade agreement with Israel over the interception. Two Colombian citizens are taking part in the flotilla.

Petro has repeatedly described Israel's siege of Gaza as an act of genocide, something Israel vehemently denies. (AP) MPL MPL

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