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    Central Bureau of Narcotics (CBN) celebrates 77th Foundation Day and reaffirms India's vision for a “Nasha Mukt Yuva for Viksit Bharat”, through i...
    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
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    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 ...
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    Advisory on Enhancements Related to Composition Levy Functionality under GST
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November 7, 2026
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Narcotics regulation combines licit poppy cultivation oversight, trafficking enforcement, digital trade licensing and youth-focused drug prevention.
The Central Bureau of Narcotics oversees licit opium poppy cultivation and imports and exports of narcotic drugs, psychotropic substances and precursor chemicals, while conducting intelligence-driven enforcement against trafficking under the Narcotic Drugs and Psychotropic Substances Act, 1985. Licences, permits, certificates and other documents are processed through the ICEGATE SWIFT 2.0 single-window system, which handles more than 15,000 import and export applications annually. Planned measures include advanced crop tracking, expanded alternative development and a dedicated division to monitor high-risk non-scheduled industrial chemicals.
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.

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GOP says it's winning shutdown, some fear Trump's cuts may change that

October 4, 2025

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Washington, Oct 4 (AP) President Donald Trump has embraced the federal shutdown as an “unprecedented opportunity” to slash spending and shrink government, but new rounds of targeted spending cuts from the White House aimed at Democratic states and priorities are raising concerns among Republicans that they may be at risk of ceding their political advantage.

Republicans in Congress believe they hold the upper hand in four-day-old stalemate, as Democrats voted against measures to keep the government open because they want to attach additional policy measures. But the sweeping cuts to home-state projects — and the threat of mass federal firings — have some in the GOP worried the White House may be going too far and potentially give Democrats a way out of their tight spot.

“This is certainly the most moral high ground Republicans have had in a moment like this that I can recall, and I just don't like squandering that political capital when you have that kind of high ground,” GOP Sen. Kevin Cramer of North Dakota told reporters this week.

As hopes faded Friday for a quick end to the shutdown — with Democrats holding firm in a key Senate vote — the White House signalled more layoffs and agency cuts could follow. Trump shared a video Thursday night portraying budget director Russ Vought as the grim reaper. The cuts are raising fresh questions about whether voters want a government that uses discretionary power to punish political opponents — and whether Republicans may face electoral consequences for the White House's actions.

“There's the political ramifications that could cause backlash,” Cramer said in another interview. “It makes everything going forward more difficult for us.” Since the shutdown began, Trump has moved to cancel USD 7.6 billion in clean energy grants across 16 states, all of which voted for Democrat Kamala Harris in last year's presidential election. On Friday, the administration announced an additional USD 2 billion cut, this time to a major public transit project in Chicago. Press secretary Karoline Leavitt said the administration is also reviewing funding to Portland, Oregon.

“He's just literally took out the map and pointed to all the blue states,” Oregon Sen. Ron Wyden, a Democrat, told The Associated Press.

Democrats have seized on the shutdown and cuts as evidence of Trump's overreach. There could be near-term fallout, including in next month's governor's races in New Jersey and Virginia. Democratic candidates in both states have linked their GOP opponents to Trump's policies and criticised them for not standing up to his latest moves.

In New Jersey, Democratic Rep. Mikie Sherrill blasted Republican Jack Ciattarelli over Trump's move to block funding for a long-delayed rail tunnel between New York and New Jersey, saying it will hurt commuters and put thousands of good-paying union jobs at risk.

“What's wrong with this guy?” Sherrill said Friday.

In Virginia, Democrat Abigail Spanberger noted the state already has been hit hard by job cuts made by Trump's Department of Government Efficiency. She said Republican Lt. Gov. Winsome Earle-Sears is “refusing to stand up for our workforce and our economy.” Earle-Sears said Democrats are to blame for the shutdown, and said Spanberger did nothing to encourage the state's Democratic senators to stop it.

The administration's targeting of blue states has already begun to ripple through states like California, where $1.2 billion in funding for the state's hydrogen hub was scrapped. Democratic Gov. Gavin Newsom said it threatens more than 200,000 jobs.

Though Harris won California handily in 2024, the state includes several competitive House districts that could decide control of the chamber in 2026. Similar districts exist in other states affected by the cuts, including New York and New Hampshire, which also has key gubernatorial and Senate races.

Democratic groups have moved quickly to tie local Republicans to the fallout. American Bridge 21st Century, a Democratic group, has highlighted swing-district Republicans in states where cuts have occurred, accusing them of having “sat by and let it happen.” “The cruelty that they might unleash on everyday Americans using the pretense of a shutdown is only going to backfire against them,” House Democratic Leader Hakeem Jeffries said in an interview with The Associated Press and other outlets at the Capitol.

The cuts are also complicating Senate negotiations, prolonging a shutdown that could leave thousands of federal workers without pay and halt key programs. Sen. Gary Peters, a Michigan Democrat whom Republicans have tried to sway, said “there's no question” the cuts have damaged talks.

“If you're trying to get people to come together and try to find common ground, that's the absolute wrong way to do it,” said Peters.

Sen. Angus King, a Maine independent, broke from Democrats earlier this week to support the GOP funding bill. He called the cuts “so utterly partisan as to be almost laughable.” “If they overreach, which is entirely possible, I think they're going to be in trouble with Republicans as well,” said King.

Many Senate Republicans have not endorsed Vought's approach directly, instead blaming Democrats for rejecting funding bills and opening the door to the White House's more aggressive moves.

“It's the reason why Republicans have continued to support a continuation,” said GOP Sen. Mike Rounds of South Dakota. “If you've noticed, Republicans have solidly supported this short-term continuing resolution because we do not want to see this.” “It's not like we promoted it," said Rounds. "We've done everything we can right now to try to avoid it.”(AP) RD RD

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