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    15th Meeting of ASEAN-India Trade in Goods Agreement (AITIGA) Joint Committee held during 6-9 October 2026
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October 9, 2026
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AITIGA review negotiations face time-bound subcommittee deliverables to resolve policy issues and modernise trade arrangements.
The AITIGA Joint Committee directed its sub-committees to accelerate pending review chapters through firm, time-bound deliverables and close coordination. Work covers legal and institutional issues, national treatment and market access, and rules of origin. ASEAN and India reaffirmed their commitment to resolve outstanding policy issues, deepen economic integration, and modernise the Agreement into a balanced and mutually beneficial framework strengthening bilateral trade.
October 9, 2026
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October 9, 2026
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Draft guidelines establish a uniform framework for compiling expenditure-side Gross State Domestic Product estimates using base year 2022-23. They cover data sources, estimation procedures and methodologies for private and government consumption, gross fixed capital formation, inventory changes, valuables and net exports. State-specific data and allocation indicators are preferred, while recommended allocation methods support consistent estimates where direct subnational data are unavailable. The approach is intended to harmonise estimation practices and strengthen subnational national accounts capacity.
October 9, 2026
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October 9, 2026
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October 8, 2026
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Free trade agreement utilisation enables MSME market access, rules-of-origin awareness, export participation, and foreign investment opportunities while protecting sensitive sectors.
Free Trade Agreements are positioned to preserve sensitive domestic interests, particularly agriculture, fisheries and MSMEs, while widening market access for agricultural, marine, engineering, precision and electronic products and facilitating foreign investment. Proposed FTA utilisation desks across State Councils would assist MSMEs in using preferential arrangements, understanding rules of origin and market-access opportunities, participating in delegations and exhibitions, and presenting products and technologies to overseas markets.
October 8, 2026
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Sole-control acquisition of nutraceutical and pharmaceutical businesses receives competition approval for Bain Capital-managed investment funds.
Competition Commission of India approval permits BCPE Wellbeing Holdco Two Limited and Integral Investments Asia IV Limited, funds managed or advised by Bain Capital, to acquire sole control over Omega-Meyer Limited and Meyer Organics Private Limited. The target businesses provide nutraceuticals globally and in India, while Meyer Organics Private Limited also produces and supplies certain over-the-counter and prescription finished-dose pharmaceuticals in India.
October 8, 2026
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Highway asset acquisition approval covers full ownership transfer of a tollway operator and road-project special purpose vehicles.
Competition Commission of India approval covers the acquisition by Concessoc 41 SAS of the entire shareholding in Vishavari Tollway Private Limited and nine special purpose vehicles. The target entities operate designated national-highway stretches in Andhra Pradesh, Odisha and Gujarat, while Vishavari Tollway Private Limited provides operation and maintenance and engineering, procurement and construction services for those highway assets.
October 8, 2026
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Competition clearance for hospitality share acquisition permits investment in a company owning and developing hotel and serviced apartment assets.
Competition Commission of India approved the proposed combination involving CPP Investment Board Private Holdings (4) Inc.'s acquisition of certain shareholding in Prestige Hospitality Ventures Limited. The target is an Indian public limited company within the Prestige group and owns and develops hospitality assets, including hotels and serviced apartments. The acquirer is incorporated in Canada and is managed by Canada Pension Plan Investment Board.
October 8, 2026
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Internal group restructuring receives merger-control approval for amalgamating an integrated steel producer into the group's steel manufacturer.
Merger-control approval covers the proposed internal JSW Group restructuring through amalgamation of BMM Ispat Limited into JSW Steel Limited. The amalgamation would convert the group's majority interest in BMM into full ownership and is intended to enhance operational, financial and organisational efficiencies through economies of scale, resource pooling and capital rationalisation. BMM is commercially integrated in the group's supply chain through intra-group sales and procurements.
October 7, 2026
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Transparent land e-auction procedures support bidder preparedness through mock training, registration and earnest-money requirements for phased asset monetisation.
National Land Monetization Corporation is facilitating a two-phase e-tender-cum-e-auction of 459 encumbrance-free land parcels of Rashtriya Ispat Nigam Limited through the RailTel E-Nivida e-Procurement Platform. Participation requires registration, fulfilment of prescribed requirements and submission of earnest money deposit within the applicable deadlines. Physical and online mock e-auction training familiarises prospective bidders with the bidding interface and participation procedure. Investor outreach provides information on plot details, eligibility requirements, registration and bidding conditions.
October 7, 2026
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Preventive outreach in Malana village promoted drug awareness, youth engagement, community participation and alternative development in an area associated with illicit cannabis cultivation. Residents were sensitised to the harmful effects of cannabis, charas and hashish oil consumption and encouraged to pursue sustainable alternatives, including apiculture, animal husbandry, dairy activities and tourism. Community discussions addressed livelihood barriers, ecological concerns, and commitments to refrain from drug consumption and discourage illicit cannabis cultivation.
October 7, 2026
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India-UK financial-markets cooperation covers capital-market connectivity, cross-border listings, investor access and development of GIFT IFSC as an international financial centre. Engagement also addresses insurance, pensions, asset management, sustainable-finance disclosures and cross-border investment. Fintech cooperation includes digital public infrastructure, central bank digital currencies, data exchange, responsible artificial intelligence, fraud prevention, cyber security and operational resilience. Cross-border payments work prioritises reduced frictions, transparency, efficiency and interoperability of electronic payment infrastructures.
October 7, 2026
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Investment commitments and tariff predictability under India-EFTA TEPA support market access, supply-chain planning, and long-term bilateral trade.
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October 7, 2026
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Foreign investment engagement focuses on expanded partnerships across financial services, manufacturing, insurance, and emerging technologies in India.
India-U.S. trade and investment engagement was pursued through discussions with leading United States companies on expanding investment, partnerships and commercial operations in India. Financial-sector discussions addressed private equity, asset and wealth management, insurance, and financial services, including prospective engagement aligned with the objective of insurance access for all by 2047.
October 7, 2026
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Policy repo rate recalibration responds to inflationary pressures, adopting calibrated tightening while future actions depend on growth and inflation conditions.
Monetary policy is recalibrated through an increase in the policy repo rate under the liquidity adjustment facility by 25 basis points to 5.50 per cent. The monetary policy stance shifts to calibrated tightening, indicating that near-term rate reductions are excluded and that subsequent action may consist of a rate increase or a pause, depending on evolving conditions and the outlook. Further rate action depends on growth-inflation developments, underlying inflation, broadening price pressures, second-round effects and demand impulses.
October 7, 2026
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Index of Services Production expansion proposes broader service-sector coverage through education, health, residential care, public administration and defence.
The Index of Services Production is proposed to expand beyond its initial formal-sector coverage, which relies on high-frequency administrative data and GST outward-supplies data. Education, Human Health and Residential Care, and Public Administration and Defence are proposed for inclusion. Their incorporation would increase coverage of services-sector Gross Value Added and support aggregation of sub-sectoral indices into a unified measure of short-term services-sector movements. Stakeholder views are invited on the proposed methodology.
October 7, 2026
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Cross-border gold smuggling enforcement addresses concealed foreign-origin gold transport through customs seizure, arrest, and investigation of organised networks.
Intelligence-led customs enforcement targeted cross-border gold smuggling through surveillance and interception of four persons travelling from a border route. Personal searches recovered foreign-origin gold biscuits concealed in specially tailored cloth waist belts. Seventy-two gold biscuits were seized under relevant provisions of the Customs Act, 1962, and the four persons were arrested. Investigation continues into organised networks and wider syndicates involved in the movement and distribution of smuggled gold.
October 6, 2026
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Financial inclusion drives digital lending, insurance claim awareness, portal enrolment, and banking access for marginalised sections.
Banks were urged to expand brick-and-mortar branches and banking correspondent coverage in unbanked villages, strengthen digital outreach, and implement end-to-end digital loan processing. Working-capital lending for micro-enterprises through UPI-linked credit lines and credit cards was highlighted. Banks were also directed to increase awareness of insurance claim eligibility, exercise care in claim-related grievance handling, and enrol new PMJJBY and PMSBY beneficiaries through the Jan Suraksha portal.

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Supreme Court has asked Tamil Nadu to take up opposition to dam with CWMA, CWC: Minister

November 13, 2025

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Chennai, Nov 13 (PTI) The Supreme Court has ruled that the Tamil Nadu government may convey its opposition to the Mekedatu dam project to the CWMA and the CWC and that no decision can be taken without hearing the lower riparian state's views, Minister for Water Resources, Duraimurugan asserted here on Thursday.

The Minister rejected "some flawed information" claiming as if the apex court had given its nod to Karnataka to build the Mekedatu reservoir across River Cauvery.

The DMK government will never make any compromises on the interests of farmers and will not allow Karnataka to build a dam by violating the verdict of the top court and also the Award of the Cauvery Water Disputes Tribunal, he said.

Like in the past, the Minister said Tamil Nadu --which is pursuing legal battles-- would continue to be successful in preventing the neighbouring state from constructing the dam.

Duraimurugan, senior most minister and a veteran DMK party leader, provided a detailed background to the Supreme Court's order on November 13 by tracing legal battles and related developments till date starting from the year, 2018.

The Minister said that the Tamil Nadu government had filed a petition in the Supreme Court challenging Karnataka unilaterally preparing a feasibility report on the construction of a dam (with a storage capacity of 67 TMC) across River Cauvery in Mekedatu and submitting it to the Central Water Commission in the year 2018.

When the Karnataka government approached the Centre in 2020 to get approval for the Terms of Reference over the Environmental Impact Assessment for the project, the Tamil Nadu government filed another petition in the Supreme Court and halted that move of the neighbouring state.

Subsequently, when Rs 1,000 crore was allocated in the Karnataka Budget for the Mekedatu project, the Tamil Nadu government strongly opposed it and an unanimous resolution was adopted in the Tamil Nadu Assembly on March 21, 2022 urging the Centre and the Cauvery Water Management Authority (CWMA) to not accord sanction for the project.

Chief Minister M K Stalin, when he called on Prime Minister Narendra Modi in March and May 2022, requested him to not permit that project.

The Tamil Nadu government filed one more petition in the apex court on June 7, 2022 asserting the CWMA does not have the powers to consider the detailed project report, though it was included in the agenda for discussion.

Hence, in view of the various efforts taken by the Tamil Nadu government, the DPR on the Mekedatu reservoir has not been discussed till date in the CWMA meetings, the Minister underlined. Also, on February 9, 2024, the CWMA returned the project proposal on Mekedatu to the Central Water Commission and this was a huge victory for the efforts of the Tamil Nadu government.

Karnataka's argument that Mekedatu project will not affect Tamil Nadu is not acceptable. Karnataka state releases water only during excessive rainfall, as there was no other option. During distress years, water is not released as per the formula for such times and construction of a dam at Mekedatu will only mean non-availability of water as per allocation to Tamil Nadu during distress years.

Hence, the truth is building a reservoir at Mekedatu will seriously affect the Tamil Nadu farmers and contravene the Final Award of the Cauvery Water Disputes Tribunal and the Supreme Court order.

The Minister said: "Under such circumstances, the Supreme Court, which heard matters related to this dam, on November 13, 2025 has ruled that all the opinions of the Tamil Nadu government opposing construction of the Mekedatu dam could be conveyed to the CWMA and the CWC and that no decision can be taken without hearing the views of the Tamil Nadu government." Further, the Minister asserted that it would present its forceful arguments before the CWMA and the CWC against the Mekedatu project, similar to the sustained efforts during the past which has successfully halted the project so far.

Therefore, "some wrong news" --claiming as if the Supreme Court has given its approval for the construction of the Mekedatu dam-- is condemnable and there is apparently no truth in such claims, Duraimurugan said.

The Dravidian model government, helmed by Chief Minister MK Stalin, will never compromise on the rights of the Cauvery delta farmers of Tamil Nadu.

The Dravidian model government will nip in the bud, any efforts of the Karnataka government to construct a new dam across river Cauvery violating the final award of the Cavuery tribunal and the judgment of the apex court in this regard, the Minister said.

The Supreme Court on November 13 rejected a plea by the Tamil Nadu government against construction of the Mekedatu Balancing Reservoir Project across the Cauvery river by Karnataka, terming it "premature" .

A bench comprising Chief Justice of India BR Gavai, Justices K Vinod Chandran and Justice NV Anjaria said the plan would be approved only after considering the objections of the State as well as the opinion of the expert bodies, Cauvery Water Regulation Committee (CWRC) and the Cauvery Water Management Authority (CWMA). PTI VGN VGN ROH

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