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    DRI seizes 10,000 kg of firecrackers worth Rs. 3 crore at Nhava Sheva port
    CCI approves acquisition of certain additional equity share capital of IIFL Capital Services Ltd by FIH Mauritius Investments Ltd.
    CCI approves acquisition of Onesto Labs Private Limited by L’Oréal India Private Limited
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September 24, 2026
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Restricted firecracker imports concealed through misdeclaration trigger seizure and criminal investigation under customs enforcement law.
Concealment of restricted firecrackers within an import container declared as bottles and wallpaper resulted in customs seizure under the Customs Act, 1962. Firecracker imports are restricted under the Foreign Trade Policy and require valid Directorate General of Foreign Trade authorisation and a Petroleum and Explosives Safety Organisation licence under the Explosives Rules, 2008. Investigation into attempted clandestine clearance led to the arrest under the Customs Act of a key syndicate member alleged to have orchestrated the import.
September 24, 2026
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Merger-control approval permits FIHM's phased acquisition of IIFL Capital Services equity through subscription, open offer and promoter purchase.
Merger-control approval permits FIHM to acquire certain additional equity share capital of IIFL Capital Services through a preferential issue on a private-placement basis and through shares tendered in a mandatory open offer. FIHM may also buy shares from the target's promoters if its aggregate shareholding with HWIC remains below the Target Shareholding after these steps.
September 24, 2026
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Full ownership acquisition in beauty and personal care receives competition approval for skin care and hair care operations.
Competition approval covers L'Ore al India Private Limited's acquisition of the entire shareholding in Onesto Labs Private Limited. The proposed combination concerns India's beauty and personal care sector and places the Target under the Acquirer's full ownership. Both entities operate in beauty and personal care products, including skin care and hair care.
September 23, 2026
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Advance disbursement of central government pay addresses anticipated banking disruption, with subsequent adjustment against the following month's entitlements.
Advance disbursement of September 2026 salary, wages and pensions is authorised on 25 September for central government employees, industrial employees and pensioners because of the proposed bank strike. Payments constitute advance payments and must be adjusted after full monthly entitlements are determined, with any adjustment made from October salary or wages. End-of-month banking transactions should, where feasible, be processed in advance.
September 23, 2026
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Commercial vehicle after-sales support expands authorised repairs, genuine spares, roadside assistance, and uptime for remote high-altitude fleet operations.
Commercial vehicle after-sales support is expanded through a BharatBenz 3S facility operated by PPS Trucking for remote high-altitude fleet operations. The facility provides sales, authorised service, genuine spare parts, diagnostic systems, repair tools and round-the-clock roadside assistance. Trained technicians, service bays and regional spare-parts inventory are intended to reduce repair turnaround times and vehicle downtime. The support network serves commercial vehicles engaged in stone-crushing, road construction, communication-infrastructure transport and other heavy-duty operations in difficult terrain.
September 23, 2026
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Redeem-code eligibility limits govern BGMI's final Golden Miramar Pan reward drop through the official redemption portal.
BGMI's final redeem-code series offers limited-time Golden Miramar - Pan rewards through general redeem codes valid only until September 25 on the official redemption website. Redemption requires a Character ID, valid code, Captcha verification, and submission through the redeem centre. Each code is limited to 10 users on a first-come, first-served basis; users may redeem one code daily, and each code is usable once per account. Guest accounts are excluded, and in-game mail rewards must be claimed within 30 days.
September 23, 2026
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Aadhaar-based biometric attendance requires employee registration, integrates leave records, and triggers automated pay deductions for unauthorised absences.
Aadhaar Enabled Biometric Attendance System (AEBAS) is mandatory for regular and temporary government employees and integrates attendance and leave data with PRANALI. Monthly reports are verified to identify authorised leave and net absence. Remaining unauthorised absence may result in digitally issued extraordinary-leave or leave-without-pay orders, personnel-record updates, and automated salary deductions. Temporary employees' failure to record attendance is treated as leave without pay.
September 23, 2026
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Initial public offering by Swastika Infra combines a fresh issue and offer for sale, subject to approvals.
Swastika Infra Limited proposes an initial public offering comprising a fresh issue of equity shares and an offer for sale, with proposed listings on BSE Limited and National Stock Exchange of India Limited. The allocation framework covers qualified institutional buyers, anchor investors, non-institutional investors and retail individual investors. Net fresh-issue proceeds are intended for incremental working-capital requirements and general corporate purposes. Completion remains subject to statutory and regulatory requirements, approvals, market conditions and other considerations.
September 23, 2026
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Monetary policy tightening may follow resilient growth as inflation, conflict risks, and weather pressures reshape economic projections.
FY27 GDP growth projections were raised to a range of 6.9%-7.1% on stronger June-quarter activity, resilient demand, investment, consumption, exports, capital inflows and limited supply disruptions. Growth may moderate as energy costs reduce purchasing power, activity slows and weather risks persist. Policy-rate tightening is projected as an inflation response, with forecasts of a 25-basis-point increase and temporary rate rises to offset price pressures.
September 23, 2026
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Fisheries subsidy disciplines require transparent reporting, domestic monitoring, and coordinated implementation to address harmful subsidies and IUU fishing.
Fisheries subsidy disciplines target support linked to illegal, unreported and unregulated fishing, fishing of overfished stocks subject to rebuilding conditions, and fishing on the unregulated high seas. Members accepting the Agreement must implement and administer these disciplines and comply with notification and transparency obligations. Effective implementation depends on reliable fisheries data, monitoring and reporting systems, vessel registration, inter-agency coordination and technical capacity.
September 23, 2026
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Essential banking service continuity requires Sunday operations by public sector and regional rural banks during the proposed strike.
Public Sector Banks and Regional Rural Banks will function normally on Sunday, 27 September 2026, to prevent an extended interruption to public banking needs during the proposed nationwide strike. Reserve Bank approval covers full operation of branches, offices, ATM-link branches and Currency Chests, alongside measures intended to maintain uninterrupted essential banking services.
September 23, 2026
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Money laundering allegations in public recruitment describe CSR-linked payments, examination manipulation, and candidate payments treated as proceeds of crime.
Money-laundering allegations concerning state public-service examinations identify two alleged streams of proceeds of crime: corporate social responsibility funding allegedly routed to an institution controlled by the former commission chairman in return for favouring selected candidates, and money allegedly collected from candidates and families for advance access to examination papers and secured selection. The alleged CSR payment was projected as legitimate institutional funding, while candidate-related collections were allegedly possessed, used, transferred, or projected as legitimate transactions.
September 23, 2026
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Banking service continuity measures require public sector and regional rural banks to operate on Sunday during the proposed strike.
Banking-service contingency arrangements require Public Sector Banks and Regional Rural Banks to operate normally on Sunday, 27 September 2026, ahead of a proposed three-day bank strike. Reserve Bank approval permits bank branches, offices, ATM-linked branches and currency chests to remain fully operational. Customers are advised to use mobile banking, ATMs, internet banking, BC Points and UPI if the strike occurs, and to complete essential transactions in advance.
September 23, 2026
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Inflation-driven monetary tightening may accompany strong growth as demand, price increases and adverse supply conditions shape rate expectations.
Inflationary pressures, robust demand, price rises and adverse supply developments are expected to lead to policy-rate tightening by RBI. Fitch anticipates a 25-basis-point rate rise in October, further tightening in early 2027, followed by easing in 2028. Growth projections were upgraded following stronger-than-expected June-quarter activity, but activity is expected to moderate as the effects of GST rationalisation and income-tax cuts recede, manufacturing and services slow, and below-normal monsoon conditions affect activity.
September 23, 2026
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GDP growth forecast rises as domestic demand, investment, and public capital spending sustain economic resilience amid external risks.
India's GDP growth forecast for the current fiscal year is raised to 7 per cent, supported by investment demand, resilient consumption, manufacturing and services activity, lower-than-expected supply disruptions, and sustained capital inflows. Domestic demand, infrastructure expenditure, regulatory reforms, and improving private investment are expected to support growth. Inflation is projected to remain within the central bank's target range, subject to risks from geopolitical uncertainty, commodity prices, and weather-related disruption. Fiscal management is supported by public capital expenditure and robust direct-tax revenue.
September 23, 2026
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Primary and secondary investment funds ammunition manufacturing expansion, increasing small-caliber capacity and establishing medium-caliber production.
Hughes Precision Manufacturing Pvt. Ltd. completed a Rs. 250+ crore investment round through primary and secondary investments. The capital will expand small-caliber ammunition capacity from approximately 80 million to 220 million rounds and establish a dedicated medium-caliber ammunition manufacturing facility. The expansion broadens its product portfolio and is supported by an order book exceeding Rs. 1,000 crore, including domestic defence and export orders scheduled for execution over approximately two years.
September 23, 2026
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GDP growth outlook signals resilient expansion, but inflation, weaker rural demand, and supply pressures may prompt monetary tightening.
India's FY 2026-27 GDP growth forecast is raised to 6.9 per cent from 6.4 per cent, reflecting strong June-quarter growth and economic resilience. Economic momentum is projected to moderate as slower manufacturing and services expansion, below-normal monsoon rains, and rising inflation constrain demand. Strong demand, price increases and adverse supply conditions are expected to lead to monetary tightening.
September 23, 2026
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FEMA scrutiny of insolvency acquisitions examines fund flows and possible indirect control by potentially ineligible resolution participants.
FEMA investigation concerns suspected foreign-exchange contraventions and the source and movement of funds used to acquire control of McNally Bharat Engineering Company Limited following its corporate insolvency resolution process. The inquiry also examines whether the process may have enabled persons potentially ineligible under Section 29A of the Insolvency and Bankruptcy Code, 2016, to regain indirect control of the company.
September 23, 2026
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Export facilitation reforms integrate local support, digital trade intelligence, and streamlined Free Trade Agreement procedures to improve market access.
Export facilitation reforms contemplate integrated Commerce and Industry offices and trained local personnel to provide exporters with common access points and district-level handholding support. The Trade Connect platform is envisaged to provide product-wise and HSN-code-wise tariff, Free Trade Agreement and procedural information, supported by digital and AI-enabled tools. Reforms also address electronic verification of Certificates of Origin, integration across the export cycle, digitalisation, simplified trade documentation, reduced compliance burden, and adherence to international quality standards.
September 23, 2026
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Monetary policy outlook: resilient growth and persistent inflation support a projected policy-rate increase amid weather and geopolitical risks.
India's FY27 growth outlook is revised upward to 7 per cent from 6.6 per cent, supported by industrial activity, consumption, goods exports and government investment. Consumer inflation is projected to average 5.1 per cent. Persistent inflationary pressures, solid growth, conflict in West Asia and weather-related risks are expected to support higher interest rates, while below-normal monsoon rainfall may affect agricultural output and food inflation.

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Cisco and Social Alpha launch Krishi Mangal 3.0: Accelerator Program to support and scale 7 new-age Agri-tech startups

October 16, 2025

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• Selected startups to receive support across product development and market deployment • Program will offer milestone-based non-dilutive funding of up to INR 50 lakhs for field implementation and access to additional funding of up to INR 2 crores for scale-up • Beyond funding, startups to receive lab, capacity building and business advisory support New Delhi, October 16, 2025: Cisco India CSR and Social Alpha, India’s leading venture development platform for science and technology startups, today announced the launch of Krishi Mangal 3.0, the third edition of their flagship accelerator program for farmer-centric innovations. The latest edition of Krishi Mangal will scale seven startups that are harnessing the power of artificial intelligence, IoT, robotics, and renewables to address soil degradation, water management, farm mechanisation, post-harvest losses, and supply chain inefficiencies. With its emphasis on climate resilience and income security, Krishi Mangal 3.0 is designed to empower farmers with solutions that drive higher productivity and profitability while safeguarding the long-term viability of agricultural and allied practices. The accelerator program will support the selected startups with deployment focused milestone-based funding and scale-up opportunities. Each startup will deploy its solution with farmers and grassroots partners, backed by non-dilutive funding of up to INR 50 lakhs. The startups will have the opportunity to scale across multiple states with access to more than 200,000 farmers and 150 farmer producer organisations (FPOs) and have an opportunity to access an additional non-dilutive funding of up to INR 2 crores facilitated by Social Alpha. They will also have the opportunity to access seed investment from Social Alpha and its partners, subject to due diligence. Startups will also benefit from tailored business planning as well as access to Social Alpha Labs for product design, prototyping, and manufacturing support. The seven pioneering startups of the latest edition include: • Ekosight Technologies Pvt Ltd, through its Soil Doctor Clinic, acts as a local knowledge hub that geotags farms, tests soil, and provides season-long crop advisory. Its portable device tests 16 key soil parameters with over 95% accuracy, generating instant digital reports stored in the cloud. By combining geotagged data with satellite imagery and AI, the solution tracks crop health, identifies nutrient gaps, and guides fertilization strategies. • ArkaShine Innovations Pvt Ltd is advancing soil health management with AI-enabled, portable “Point-of-Care” devices that assess physical, chemical, and biological soil properties. Integrated with a digital dashboard, the solution delivers fertilizer and crop recommendations tailored to soil health and microclimatic conditions. By offering soil-specific nutrient guidance and advising on suitable cropping patterns, ArkaShine empowers farmers to improve yields and soil resilience. • Terracroft Agritech Pvt Ltd has developed KrishiBOT, a smart, battery-operated farm robot designed for inclusive and sustainable farming. Built for gender-neutral operation, KrishiBOT reduces physical strain, especially for women and elderly farmers. It supports line sowing and intercropping while minimizing soil compaction and lowering CO₂ emissions. By reducing manual effort and enhancing precision, KrishiBOT helps farmers boost productivity and adopt more sustainable practices. • Surobhi Agro Industries Pvt Ltd, through its platform Farmology, combines patented organic inputs with AI-powered agronomy solutions. Its system integrates IoT-based soil testing, AI-driven crop health monitoring, and personalized farmer consultations. With 95% accuracy, the platform helps farmers make timely decisions on water, pest, and nutrient management. It also provides climate alerts, supports sustainable practices, and connects farmers directly to markets. • Agribotic Systems Pvt Ltd has built a 90% indigenous agri-drone ecosystem designed for Indian farms. Compact and foldable, the drones enable affordable Drone-as-a-Service solutions for precision farming. With real-time spraying, obstacle avoidance, and a 10L tank capacity, the drones integrate with a mobile app for IoT-based data syncing, fleet management, and precision advisory. This innovation makes advanced farm mechanisation accessible and scalable for smallholder farmers. • Bhairaj Organics Pvt Ltd, with its solution Desigo, addresses inefficiencies in India’s milk supply chain by offering a clean, cold, and traceable delivery system. Using alternative energy, the system reduces fuel and electricity consumption, eliminating the need for cold storage and middlemen. With smart milk barrels, automated AI training, and FSSAI-compliant traceability, Desigo ensures 0% spoilage and affordable pricing. The model also empowers women entrepreneurs, supports indigenous breeds, and improves land fertility. • Rudra Solar Energy Pvt Ltd offers high-efficiency, low-cost solar cabinet dryers with three heat transfer modes that speed up drying, cut post-harvest losses, and improve product quality. With direct market linkages and a buy-back model, farmers secure fair prices, reduce reliance on intermediaries, and increase income while minimizing food waste. Announcing the third edition of Krishi Mangal, Harish Krishnan, Managing Director & Chief Policy Officer, Cisco India & ASEAN, said: “At Cisco, we believe in the power of an inclusive future, where technology acts as an enabler for everyone, everywhere. technology and innovation can make a big difference. Whether it’s using AI to predict weather and soil health, IoT sensors for smarter irrigation, or blockchain for better price transparency these technologies can help solve real problems on the ground. The startups in Krishi Mangal 3.0 cohort have done a great job of building and applying these innovations in truly meaningful ways. They’re not just working on technology; they’re solving real problems for farmers. This initiative is not just about agricultural innovation; it is a direct contribution to the vision of Viksit Bharat. By empowering our farmers with cutting-edge technology, we are boosting rural incomes, fostering economic resilience, and ensuring food security, all foundational pillars of a developed nation. Ganesh Neelam, Co-Founder, Social Alpha, said: “Smallholder farmers are navigating a complex web of systemic issues—from erratic monsoons and degrading soil health to rising input costs, limited infrastructure, and shrinking access to credit. Climate change continues to intensify these vulnerabilities, often pushing farming families into cycles of economic distress. At Social Alpha, we believe that deep science and technology can offer farmers new pathways to resilience. Through Krishi Mangal 3.0, we are backing entrepreneurs who are building climate-smart, farmer-first innovations that address these structural challenges and create sustainable, long-term impact.” Shri Deepak Bagla, Mission Director, Atal Innovation Mission, NITI Ayog, stated, “India has moved up the Global Innovation Index from rank 81 in 2015 to 39 in 2024. No other country of comparable size and scale has made such a significant leap in just 3,500 days. India is a land of extreme entrepreneurship, with close to 70 million MSME’s. The strength of our MSME’s lie in their ‘we will get it done’ mindset. The growth of the nation is tied to the growth of Agriculture, the primary sector in India. Through initiatives like Krishi Mangal, a new world order is being created. The innovators sitting in the room are reshaping the cost curve, which has a profound impact on agricultural progress. Each innovator is playing the role of a protagonist in bringing India to one of its most critical inflection points - not only for India but also globally, demonstrating to the world how it is done. Since its inception, Krishi Mangal has supported 12 startups across two successful editions. In the first edition, five startups deployed solutions in seven states, directly impacting over 17,000 farmers and collectively raising INR 34.8 crore in follow-on funding. The second edition enabled seven startups to deploy in six states, benefiting more than 32,000 farmers, reducing manual labour, improving productivity, lowering input costs, and enabling a cumulative increase of 14.9% in farmer incomes. Together, the first two editions have demonstrated the potential of technology-driven innovation to transform livelihoods, improve resilience, and build sustainable agricultural ecosystems. About Social Alpha Social Alpha is a multistage innovation curation and venture development platform for science and technology start-ups that address the most critical social, economic, and environmental challenges through the power of entrepreneurship and market-creating innovations. Since its inception in 2016, Social Alpha has nurtured over 350 start-ups, including 120+ catalytic grants and 100+ seed investments. Visit: https://www.socialalpha.org/ About Cisco India CSR Cisco (NASDAQ: CSCO) is the worldwide technology leader that is revolutionizing the way organizations connect and protect in the AI era. For more than 40 years, Cisco has securely connected the world. With its industry leading AI-powered solutions and services, Cisco enables its customers, partners and communities to unlock innovation, enhance productivity and strengthen digital resilience. With purpose at its core, Cisco remains committed to creating a more connected and inclusive future for all. Discover more on The Newsroom and follow us on X at @cisco Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at http://www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word 'partner' does not imply a partnership relationship between Cisco and any other company. (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI

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