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    CCI approves the acquisition of certain equity share capital in IndiaFirst Life Insurance Co. Ltd. by BNP Paribas Cardif
    CCI approves acquisition of certain equity shareholding in Continuum Green Energy Ltd by Chubu Electric Power Company Netherlands B.V.
    CCI approves acquisition of majority of the shares and voting rights in Volkswagen subsidiary Everllence SE by funds managed and/or advised by Bain Ca...
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September 30, 2026
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Equity acquisition in a life insurer receives competition clearance for BNP Paribas Cardif's proposed investment.
Competition Commission of India approval covers a proposed combination under which BNP Paribas Cardif will acquire certain equity share capital in IndiaFirst Life Insurance Company Limited. The transaction is an acquisition of an ownership interest in an Indian life insurer. IndiaFirst Life Insurance Company Limited is incorporated in India, is an IRDAI-licensed insurer, and provides life insurance in India.
September 30, 2026
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Merger control clearance permits Chubu's acquisition of equity in Continuum Green Energy through primary and secondary transactions.
Competition Commission of India approval covers the acquisition of certain equity shareholding in Continuum Green Energy Limited by Chubu Electric Power Company Netherlands B.V. The proposed combination comprises a primary subscription for, and secondary purchase of, the Target's equity shares from Continuum Green Energy Holdings Ltd., Singapore. The Target and its Indian subsidiaries primarily generate and sell renewable power from wind and solar sources.
September 30, 2026
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Competition clearance authorises Bain Capital funds to acquire majority control of Everllence through a share transfer from Volkswagen.
Competition approval covers the indirect acquisition of a majority of the shares and voting rights in Everllence SE and its direct and indirect subsidiaries by funds managed or advised by Bain Capital Investors, LLC, from Volkswagen Aktiengesellschaft through a share transfer. Nikolaus (BC) Bidco GmbH acts as the purchaser and is a special purpose vehicle ultimately controlled by Bain Capital-managed or advised funds.
September 30, 2026
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Full-shareholding acquisition in crop protection receives competition clearance, combining businesses spanning agrochemicals, seeds, and agricultural equipment.
Competition Commission of India approved Crystal Crop Protection Limited's acquisition of the entire, fully diluted shareholding of FMC India Private Limited from FMC Netherlands Holdings II B.V. and its affiliates. The approved combination comprises the acquisition of 100% of FMC India's shareholding by Crystal Crop. Crystal Crop is an Indian public limited company engaged in development, manufacture, and distribution of crop protection products, seeds, and agricultural equipment.
September 30, 2026
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Investment facilitation supports cross-border manufacturing, technology, supply-chain, and business expansion partnerships between the two economies.
India-U.S. economic engagement extends beyond conventional trade to investment, manufacturing, technology, innovation, resilient supply chains, and high-value capabilities. Business engagement with manufacturing and technology companies addresses opportunities in India and expansion of partnerships. The Government of India indicates readiness to facilitate corporate operations, expansion, and investments in India.
September 30, 2026
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Monthly fiscal accounts report receipts, tax devolution, and revenue and capital expenditure against budget estimates.
Monthly accounts up to August 2026 record total receipts of Rs.13,67,709 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution to State Governments totals Rs.5,90,391 crore. Total expenditure is Rs.20,77,958 crore, divided between revenue expenditure of Rs.15,68,009 crore and capital expenditure of Rs.5,09,949 crore, with revenue expenditure including interest payments and major subsidies.
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
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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.

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Aakar Charitable Trust combats rural drought by raising groundwater levels through sustainable water solutions in the water deficient parts of India

January 16, 2026

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~ In the past 23 years, built over 1,380 water bodies across 11 states, empowering 1.8 million lives through a pioneering community-participation model for sustainable, long-term water security ~ MUMBAI, India, Jan. 16, 2026 /PRNewswire/ -- In a country where over 600 million people face high to extreme water stress, Aakar Charitable Trust (Aakar) helps rural communities improve access to water through practical, long-term solutions. Founded in 2003 by social reformer Amla Ruia, Aakar has constructed 1,380 rainwater harvesting structures, including 825 check dams and 555 ponds, across 11 Indian states. These projects have directly benefited 1,284 villages and transformed the lives of 18 lakh people. These efforts have turned over 6.7 lakh acres of arid land into cultivable, irrigated farmland and collected 38 billion litres of water annually. From One Village to Thousands: A check dam is a strategic permanent structure, which acts as an obstacle for rainwater gushing down the hillside, thereby creating a reservoir. Building check dams in water-deficient parts of rural India helps increase the groundwater table through a natural and highly effective process of rainwater harvesting and percolation. This results in the recharge of wells and borewells across a large area. Aakar's model has shown how local water security can lead to deep and lasting change. In some villages, the increased groundwater levels have also reduced the salinity of well water, improving water quality for drinking and farming. In addition to promoting water security, Aakar encourages communities to take voluntary social reform pledges. Villagers commit to abandoning expensive practices such as dowry, alcohol, tobacco use, and lavish celebrations, helping them save money, avoid debt, and build lasting financial stability. This approach ensures that the benefits of water conservation translate into long-term, intergenerational prosperity. Impact on Rural Livelihoods The initiative began with a single check dam in Mundawara, Rajasthan, in 2006. The once-barren land began yielding income, and within just three years, local farmers earned Rs. 12 crores, sparking a chain of success stories across other villages, many of which are now proudly called 'Crorepati Villages'. Villages that were once drought-stricken, now grow three crops a year, villagers now own two- wheelers, invest in modern farming tools and technology like tractors, solar panels, and automated irrigation systems, and engage in animal husbandry. It has also led to reverse migration by villagers and men have now returned, as farming is once again a dependable livelihood. Women are freed from the daily burden of fetching water, resulting in better health and productivity. Children, especially the girl child, can now attend school, and the youth are able to pursue higher education, opening new pathways out of poverty. Communities are once again able to celebrate festivals with joy and dignity. The 'Water Mother' Behind the Movement: Amla Ruia Aakar Charitable Trust was founded by social reformer Amla Ruia, who is at the heart of this transformation and is affectionately known as 'Water Mother' by the villagers. Speaking on the Trust's mission, she said: "When I started planning social work in the villages, I had this dream of doing holistic and integrated development; however, I realised that in the absence of water, no form of sustainable development could be achieved. The thought occurred that I must do something which is sustainable, something that takes care of the lives of the villagers and which will impact a larger section of the society. During my research, I came across check dams, and this became the precise answer. I, therefore, decided to build check dams." For the past 3 years, Aakar has been setting ambitious targets and has successfully achieved them year after year. Amla Ruia sets ever-ambitious goals, determined to expand her reach and touch more lives each year. Commitment to Sustainable and Inclusive Development Aakar's model is simple yet powerful. Before any project begins, the Trust first works to convince the villagers to contribute 30% of the project cost, either through financial contributions, labour, or local materials. This early involvement builds a strong sense of ownership and responsibility within the community. Once the check dam is completed, its preservation and maintenance become the sole responsibility of the villagers, ensuring long-term sustainability without recurring costs. In regions where check dams are not feasible due to geographical limitations, Aakar constructs ponds to capture and store rainwater, ensuring water security for the village in alternate ways. Each pond constructed by Aakar generates an average annual net income of Rs. 20 lakhs between 3-4 farmers, providing multiple income opportunities through farming, animal husbandry, fish farming, poultry and horticulture. Some of Aakar's check dams hold up to 12 crore litres of rainwater during a good monsoon. The impact is both measurable and enduring. This work has also given rise to over 190 streamlets, which add to the revenue map of the river system. Villages supported by Aakar now generate an annual net income of Rs. 3,475 crores through agriculture and allied activities sustained year after year. But Aakar's vision goes beyond water, it aims to build self-sufficient, debt-free communities. Before construction begins, the Trust facilitates voluntary social reform pacts, where villagers pledge to give up practices like dowry, alcohol, tobacco, and extravagant feasts. These customs often lead to avoidable debt, and Aakar's goal, led by the values of Amla Ruia, is to ensure that the prosperity created through water is not lost to social pressures. By taking these pledges, villagers protect their newfound income and move toward a more empowered, financially stable future. Beyond Water: Tree Plantation, Education & Cultural Development Alongside water conservation, Aakar Charitable Trust drives multi-dimensional rural development through three key programmes: • Environmental Restoration: The Tree Plantation Programme, active since 2008 across six states, has enabled farmers to plant over 71,000 trees, improving biodiversity, soil health, and ecological resilience. Farmers participate directly, while field supervisors ensure long-term monitoring and survival. • Education & Youth Empowerment: Aakar strengthens rural education in Rajasthan through teacher training in partnership with Grammangal, creative learning materials developed by Amla Ruia, and ongoing support to K D Ruia Balvatika and Seth R. N. Ruia Senior Secondary School, ensuring value-based, holistic education for children and youth. • Cultural & Ecological Enrichment: In Mumbai, the Trust transformed a neglected dumping ground into Shantivan, a lush herbal garden with waterfalls, an amphitheatre, and spaces for nature trails, cultural programmes, and spiritual learning, demonstrating Aakar's commitment to nurturing both people and their environment. For more information, visit https://aakarcharitabletrust.org/. Photo: https://mma.prnewswire.com/media/2863383/Bheetkali_Check_Dam_Aakar.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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