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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
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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.
November 2, 2026
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TDS registration for notified scrap and used cooking oil requires dealers to specify their business category in the application.
Additional notified goods include used cooking oil under heading 1518, plastic waste and scrap under heading 3915, tyre waste and scrap under heading 4004, and electrical and electronics waste and scrap under heading 8549. For TDS registration, taxpayers engaged in these goods categories must select "Others" under "Constitution of Business" in Part B of Table 2 of Form GST REG-07. They must specify the relevant dealer category in the text box that appears, complete the remaining details and submit the application.
November 2, 2026
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GST registration self-cancellation requires timely returns and links electronic approval to taxpayer category and output tax liability.
Before submitting Form GST REG-16, taxpayers must file all applicable returns due on or before the proposed effective cancellation date. Returns required up to the effective date but not yet due place the application in the "Pending for Returns Filing" stage and must be filed by their respective due dates. For regular, casual and SEZ taxpayers, electronic cancellation applies if output tax liability is no more than Rs. 2.5 lakh in each tax period. If liability exceeds that threshold in any period, Form GSTR-10, where applicable, must be filed within three days of the due date of the returns identified at the pending-returns stage, or within three days of application submission if that stage does not apply.
November 2, 2026
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Simplified GST registration allows eligible e-commerce suppliers to use operator warehouses in other jurisdictions, subject to prescribed consent.
Simplified GST registration under Rule 14B enables eligible suppliers selling goods through e-commerce operators that collect tax at source to use approved operator warehouse addresses as principal or additional places of business. The applicant must have no physical presence or active regular registration in the target State or Union territory, which cannot be an Other Territory jurisdiction. Monthly output tax liability on supplies to registered persons must not exceed Rs. 2.5 lakh, and the new registration may be used only for e-commerce supplies.
November 2, 2026
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GST registration applications require constitution-specific documents, premises disclosures, bank details and successful validation of applicable identification numbers.
GST registration applications in FORM GST REG-01 require applicants to identify their business constitution, with One Person Company available as a separate category, and provide applicable supporting evidence such as incorporation certificates, partnership deeds or registration certificates. Bank account details must be furnished with the application wherever available, with up to 10 accounts reportable. If unavailable at application, they must be furnished within 30 days after issuance of the registration certificate in FORM GST REG-06. The application reference number is generated only after successful validation of the required information.
November 2, 2026
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GST revenue collections rose alongside domestic and import receipts, with refunds and integrated tax settlements reported separately.
GST revenue collections for October 2026 comprised gross domestic revenue of Rs. 1,59,044 crore and gross import revenue of Rs. 72,246 crore. Total gross GST revenue was Rs. 2,31,290 crore, an increase of 22.9% over October 2025. Refunds for October 2026 totalled Rs. 27,934 crore, comprising domestic refunds of Rs. 14,007 crore and export IGST refunds through ICEGATE of Rs. 13,927 crore. Net GST revenue was Rs. 2,03,356 crore, up 25.6% from October 2025; this included net domestic revenue of Rs. 1,45,037 crore and net customs revenue of Rs. 58,319 crore.
November 2, 2026
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Trade facilitation and market access discussions address customs cooperation, supply-chain resilience, and diamond certification and traceability requirements.
India-EU trade facilitation and market access discussions addressed two-way trade, supply-chain resilience and opportunities for businesses. Both sides reaffirmed their commitment to a fair, balanced and mutually beneficial agreement and agreed to remain engaged on outstanding procedural and implementation issues. Preparations for implementing the India-EU free trade agreement included discussion of customs cooperation and the importance of efficient, transparent and digitally enabled customs procedures in reducing transaction costs and supporting the movement of legitimate trade. Engagement with diamond industry stakeholders addressed certification and traceability requirements, responsible sourcing and opportunities in India's diamond market and manufacturing ecosystem.
November 2, 2026
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Shareholding acquisition approval covers MIH Payments Holdings' investment in Navi Limited, the holding company of a mobile financial services group.
Competition law approval has been granted by the Competition Commission of India for the acquisition of a shareholding in Navi Limited by MIH Payments Holdings B.V. The acquirer is an indirect wholly owned subsidiary of Prosus N.V. It does not itself undertake any business activity other than holding investments in its portfolio companies, which have business activities in India. Navi Limited is the holding company of the Navi Group, which offers financial services through a single consumer-facing mobile application.
November 2, 2026
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Competition approval covers Adani Energy Solutions' acquisition of IntelliSmart, both active in advanced electricity metering infrastructure.
Competition Commission of India approval covers the acquisition by Adani Energy Solutions Limited of 100% of the equity share capital of IntelliSmart Infrastructure Private Limited. The sellers in the transaction are National Investment and Infrastructure Fund and Energy Efficiency Services Limited. Adani Energy Solutions Limited is primarily engaged in electricity transmission and distribution and in the deployment of advanced metering infrastructure for electricity in India. IntelliSmart Infrastructure Private Limited is also involved in advanced metering infrastructure for electricity in India and deploys certain smart gas meters in India.
November 2, 2026
Show AI Summary
Competition approval covers the merger of KFC and Pizza Hut franchise operators Sapphire Foods India and Devyani International.
Competition Commission of India approval covers the proposed combination involving the merger of Sapphire Foods India Limited with and into Devyani International Limited, together with certain related transactions. Both companies operate KFC and Pizza Hut franchise outlets in India. Devyani is also the exclusive franchisee in India for Costa Coffee, New York Fries and Sanook Kitchen.
November 2, 2026
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Renewable energy acquisition receives competition approval for the transfer of Solenergi Power's entire issued share capital to Aditya Birla Renewables.
Competition Commission of India approval covers the proposed acquisition by Aditya Birla Renewables Limited (the acquirer) of 100% of the issued share capital of Solenergi Power Private Limited (the target). The acquisition is to be made from Shell Overseas Investment B.V., the seller in the proposed combination. Aditya Birla Renewables Limited, together with its subsidiaries, is engaged in power generation using renewable energy resources, specifically solar and wind, as well as captive engineering, procurement and construction (EPC) activities. Solenergi Power Private Limited is registered in Mauritius and operates exclusively as a holding company, without any other business activities.
November 2, 2026
Show AI Summary
Competition clearance covers Vega SAS's proposed stake acquisition in Vodafone Group PLC, which provides telecommunications and digital services.
Competition clearance from the Competition Commission of India covers Vega SAS's proposed acquisition of 16.2% of Vodafone Group PLC's issued share capital. Vega SAS is a holding company and a wholly owned subsidiary of Maya SAS, a simplified joint-stock company incorporated in France. Vega SAS has no business presence or activity in India on its own; its relevant affiliates undertake business activities there. Vodafone Group PLC provides fixed and mobile services in Europe and Africa, with most revenue generated by core connectivity products and services. In India, Vodafone Group PLC is present through Vodafone Idea Limited.
November 2, 2026
Show AI Summary
Tax devolution through an additional advance instalment aims to support capital spending and development and welfare expenditure.
Tax devolution of Rs. 1,09,019 crore was released by the Union Government to State Governments on 31 October 2026 as an additional advance instalment, in addition to regular monthly devolution. It is the second additional instalment in the financial year. The release is intended, in view of the upcoming festive season, to enable States to accelerate capital spending and finance development and welfare expenditure.
November 2, 2026
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Poppy straw trafficking enforcement includes intelligence-led vehicle searches, seizures and arrests, with a consignment concealed beneath cover cargo.
Illicit poppy straw trafficking enforcement by the Central Bureau of Narcotics' Madhya Pradesh Unit involved three intelligence-led operations under the Narcotic Drugs and Psychotropic Substances Act, 1985. Officers seized 2,774.650 kg of poppy straw and five vehicles and arrested four persons. Officers recovered 2,308 kg in 115 sacks concealed beneath 598 sacks of chana husk. During the night of 28-29 October, officers intercepted a pickup truck bearing a suspected false registration number and a Bolero car at Ishaqpur, Mandsaur. Searches recovered 416.560 kg of poppy straw in 22 bags, including 17 bags from the pickup and five from the car. On 28 October, a car and motorcycle were intercepted on the Fatehgarh-Nayakheda-Pipliya Mandi route. Intelligence indicated that the motorcycle was piloting the car, from which officers recovered 50.090 kg of poppy straw in two bags. Investigations are continuing in all three cases.
October 31, 2026
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Administrative role in Tribunal Member appointments remains distinct from the Tribunal's independent authority over staff appointment and management.
The Ministry of Corporate Affairs performs an administrative role in conducting appointments of Judicial and Technical Members of the National Company Law Tribunal. The Tribunal independently appoints and manages its officers and staff, including Deputy Registrars, Court Officers, Stenographers, Office Assistants and Multi-Tasking Staff. Delegated personnel responsibility supports the Tribunal's effective and independent functioning.

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Modi launches Bihar poll campaign with twin rallies, predicts record-breaking win for NDA

October 24, 2025

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Samastipur/Begusarai, Oct 24 (PTI) Prime Minister Narendra Modi on Friday blazed through poll-bound Bihar with back-to-back rallies in Samastipur and Begusarai districts, calling upon voters to keep at bay the opposition RJD-Congress combine led by "people out on bail" and predicting a record-breaking victory for the NDA.

The PM also sought to underscore the contrast between a fractious INDIA bloc and the cohesive BJP-led coalition, which included Bihar Chief Minister Nitish Kumar's JD(U), Lok Janshakti Party and Hindustani Awam Morcha headed by Union ministers Chirag Paswan and Jitan Ram Manjhi, respectively, besides Rashtriya Lok Morcha headed by Rajya Sabha MP Upendra Kushwaha.

The 243-member Bihar Assembly will go to polls in two phases on November 6 and 11, with results set to be announced on November 14.

Seeking to draw a contrast between a “fractured” opposition INDIA bloc and the “cohesive” NDA, Modi said the BJP-led coalition, which included Chief Minister Nitish Kumar’s JD(U), Lok Janshakti Party (Ram Vilas) led by Chirag Paswan, Hindustani Awam Morcha headed by Jitan Ram Manjhi and Rashtriya Lok Morcha led by Upendra Kushwaha, was united and focused on development.

All the alliance partners were present at the PM's rally in Samastipur, where he also took exception to "stealing of the epithet Jan Nayak" (people's hero), of late used for Rahul Gandhi by Congress workers, even though it was largely associated with Bharat Ratna Karpoori Thakur, whose native village he visited before addressing the rally.

Reaching out to young voters, Modi said, "It was in October 2005 that your parents had brought 'jungle raj' (rule of RJD-Congress) to an end. Exactly 20 years later, you have a big responsibility on your shoulders, to facilitate prosperity (samriddhi) by voting in favour of good governance (sushasan)".

Modi underscored the fact that the NDA was fighting the assembly polls "under the leadership of Nitish Kumar", in an apparent rebuttal of the opposition charge that after the elections, the BJP was planning to replace the 75-year-old JD(U) president, who is seeking a record fifth consecutive term in office.

The PM also highlighted that the BJP has been able to retain power in states like Gujarat, Madhya Pradesh and Haryana, as also Maharashtra, where it was heading a coalition government, and hoped "the NDA will break all previous records in the Bihar polls".

The prime minister took a swipe at the INDIA bloc, calling it a "Mahalathbandhan" (grand alliance where partners beat each other with sticks), a wordplay on 'Mahagathbandhan'.

He also alleged that leaders of the RJD and the Congress, the two largest constituents of the INDIA bloc, were "most corrupt and out on bail", and, despite having been out of power for decades, they were arrogant enough to snub alliance partners like JMM, and "take for a ride" the Vikassheel Insaan Party, which did not get a favourable share of seats but its founder Mukesh Sahni has been promised the deputy CM's post.

The PM also urged women voters, whom he called "worst sufferers of 'jungle raj" to "slam your doors shut on Congress and RJD", and remember that leaders of these parties had opposed the women's reservation bill when it was brought in Parliament.

"You cannot expect the RJD-Congress to solve any of your problems. They are a problem by themselves. They are insensitive people who have the nerve to mock poor flood victims", the PM alleged.

Highlighting the NDA’s contribution to Bihar’s growth, the PM said, "In the last 11 years, the state has received three times more central assistance than under the UPA government, which had "the RJD blackmailing the Congress not to extend any help to the state, in a bid to take revenge upon the people for having voted Nitish Kumar to power".

"Today, the state, which was once dependent on other states for its requirements, is exporting fish. Makhana, a famous produce of this land, has received a boost, and we have set up a Makhana board which will transform its cultivation and marketing", said the PM.

He also made a mention of Maoist insurgency, which had "once plagued a dozen and a half districts of the state, claiming hundreds of lives" and said "now it has been effectively curbed in Bihar. Naxal menace will be wiped out completely from the country. This is the guarantee of Modi".

Modi, who credited Karpoori Thakur with having "left a legacy that has enabled people from poor families like me to rise to prominence", also raked up the "insult" faced by late Congress leader Sitaram Kesri, whom he called "the pride of Bihar".

"Kesri hailed from a backward class and rose to become the Congress president. But at the instance of the parivaar (Nehru-Gandhi family), he was humiliated. He was locked inside a bathroom before being kicked out on the streets and his top party post was also stolen", alleged Modi.

The PM also thanked the people of Bihar for "always reposing your trust in Modi", and said, referring to the recent cuts in GST rates, "festival of Chhath is approaching and hope you are also enjoying the celebration of savings (bachat-utsav)".

True to form, the PM began his Samastipur rally with a few sentences in Maithili, while in Begusarai, he spoke some lines in Angika. While in Samastipur, he paid tributes to Thakur, in Begusarai, he referred to Padma Vibhushan awardee late folk singer Sharda Sinha as the daughter-in-law of this land". PTI PKD NAM BDC NAC MNB

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