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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
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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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Firings of federal workers begin as White House seeks to pressure Democrats in government shutdown

October 11, 2025

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Washington, Oct 11 (AP) The White House budget office said Friday that mass firings of federal workers have started, an attempt by President Donald Trump's administration to exert more pressure on Democratic lawmakers as the government shutdown dragged into a 10th day.

Russ Vought, the director of the Office of Management and Budget, said on the social media site X that the “RIFs have begun,” referring to reduction-in-force plans aimed at reducing the size of the federal government.

A spokesperson for the budget office said the reductions are “substantial” but did not offer more details.

Employees at the departments of Education, Treasury, Homeland Security and Health and Human Services, as well as the Environmental Protection Agency, were set to receive the notices, according to spokespeople for the agencies and union representatives for federal workers.

The aggressive move by Trump's budget office goes far beyond what usually happens in a government shutdown and escalates an already politically toxic dynamic between the White House and Congress. Talks to end the shutdown are almost nonexistent.

Typically, federal workers are furloughed but restored to their jobs once the shutdown ends, traditionally with back pay. Some 750,000 employees are expected to be furloughed during the shutdown, officials have said.

Democrats — and some Republicans — criticize the administration's actions In comments to reporters in the Oval Office on Friday night, Trump said many people would be losing their jobs, and that the firings would be focused on Democrat-oriented areas, though he didn't explain exactly what that meant.

“It'll be a lot, and we'll announce the numbers over the next couple of days,” he said. “But it'll be a lot of people.” Trump said that, going forward, “We're going to make a determination, do we want a lot? And I must tell you, a lot of them happen to be Democrat oriented.” “These are people that the Democrats wanted, that, in many cases, were not appropriate,” he said of federal employees, eventually adding, “Many of them will be fired.” Still, some leading Republicans were highly critical of the administration's actions.

“I strongly oppose OMB Director Russ Vought's attempt to permanently lay off federal workers who have been furloughed due to a completely unnecessary government shutdown,” said Maine Sen. Susan Collins, the chair of the powerful Senate Appropriations Committee, who blamed the federal closure on Senate Minority Leader Chuck Schumer, D-N.Y.

Alaska Sen. Lisa Murkowski called the announcement “poorly timed” and “yet another example of this administration's punitive actions toward the federal workforce.” For his part, Schumer said the blame for the layoffs rested with Trump.

“Let's be blunt: nobody's forcing Trump and Vought to do this,” Schumer said. “They don't have to do it; they want to. They're callously choosing to hurt people — the workers who protect our country, inspect our food, respond when disasters strike. This is deliberate chaos.” Notice of firings has already begun at several federal agencies The White House had previewed its tactics shortly before the government shutdown began on Oct. 1, telling all federal agencies to submit their reduction-in-force plans to the budget office for its review.

It said reduction-in-force plans could apply to federal programs whose funding would lapse in a government shutdown, are otherwise not funded and are “not consistent with the President's priorities.” On Friday, the Education Department was among the agencies hit by new layoffs, a department spokesperson said. A labor union for the agency's workers said the administration is laying off almost all employees below the director level at the Office of Elementary and Secondary Education, while fewer than 10 employees were being terminated at the agency's Office of Communications and Outreach.

Notices of firings have also taken place at the Cybersecurity and Infrastructure Security Agency, which leads federal efforts to reduce risk to the nation's cyber and physical infrastructure, according to DHS, where CISA is housed. The agency has been a frequent Trump target over its work to counter misinformation about the 2020 presidential election and the COVID-19 pandemic. DHS said the layoffs were “part of getting CISA back on mission.” Federal health workers were also being fired, though an HHS spokesman did not say how many or which agencies were being hit hardest. A spokesperson for the EPA, which also has an unspecified number of layoffs, blamed the Democrats for the firings and said they can vote to reopen the government anytime.

Threats of more cuts across the federal workforce An official for the American Federation of Government Employees, which represents federal workers and is suing the Trump administration over the firings, said in a legal filing Friday that the Treasury Department is set to issue layoff notices to 1,300 employees.

The AFGE asked a federal judge to halt the firings, calling the action an abuse of power designed to punish workers and pressure Congress.

“It is disgraceful that the Trump administration has used the government shutdown as an excuse to illegally fire thousands of workers who provide critical services to communities across the country,” AFGE President Everett Kelley said in a statement.

Democrats have tried to call the administration's bluff, arguing the firings could be illegal, and had seemed bolstered by the fact that the White House had not immediately pursued the layoffs once the shutdown began.

But Trump signaled earlier this week that job cuts could be coming in “four or five days.” “If this keeps going on, it'll be substantial, and a lot of those jobs will never come back,” he said Tuesday.

Workforce cuts appear unhelpful to bipartisan shutdown negotiations Meanwhile, the halls of the Capitol were quiet on Friday, the 10th day of the shutdown, with both the House and the Senate out of Washington and both sides digging in for a protracted shutdown fight. Senate Republicans have tried repeatedly to cajole Democratic holdouts to vote for a stopgap bill to reopen the government, but Democrats have refused as they hold out for a firm commitment to extend health care benefits.

Some Republicans on Capitol Hill have suggested that Vought's threats of mass layoffs have been unhelpful to bipartisan talks.

And the top Democrat on the Senate Appropriations Committee, Sen. Patty Murray of Washington, said in a statement that the “shutdown does not give Trump or Vought new, special powers” to lay off workers.

“This is nothing new, and no one should be intimidated by these crooks,” she added.

Still, there was no sign that the top Democratic and Republican Senate leaders were even talking about a way to solve the impasse. Instead, Senate Majority Leader John Thune continued to try to peel away centrist Democrats who may be willing to cross party lines.

“It's time for them to get a backbone,” Thune, a South Dakota Republican, said Friday.

The Partnership for Public Service, a nonpartisan organization that tracks federal service, says more than 200,000 civil servants have left since the start of this administration in January due to earlier firings, retirements and deferred resignation offers.

“These unnecessary and misguided reductions in force will further hollow out our federal government, rob it of critical expertise and hobble its capacity to effectively serve the public,” said the organization's president and CEO, Max Stier. (AP) AMJ AMJ

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