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    DRI seizes 10,000 kg of firecrackers worth Rs. 3 crore at Nhava Sheva port
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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
Show AI Summary
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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Protesters demand immigration agents leave Minneapolis after man is shot and killed during crackdown

January 25, 2026

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Minneapolis, Jan 25 (AP) Democrats demanded that federal immigration officers leave Minnesota after a US Border Patrol agent fatally shot a man in Minneapolis, drawing hundreds of protesters onto the frigid streets and increasing tensions in a city already shaken by another shooting death weeks earlier.

Family members identified the man who was killed as Alex Pretti, a 37-year-old intensive care unit nurse who protested President Donald Trump's immigration crackdown in his city. After the shooting, an angry crowd gathered and protesters clashed with federal officers, who wielded batons and deployed flash bangs.

The Minnesota National Guard was assisting local police at the direction of Gov. Tim Walz, officials said. Guard troops were sent to both the shooting site and a federal building where officers have squared off with demonstrators daily.

Information about what led up to the shooting was limited, Police Chief Brian O'Hara said.

Department of Homeland Security spokesperson Tricia McLaughlin said in a statement that federal officers were conducting an operation and fired “defensive shots” after a man with a handgun approached them and “violently resisted” when they tried to disarm him.

In bystander videos of the shooting that emerged soon after, Pretti is seen with a phone in his hand but none appears to show him with a visible weapon.

O'Hara said police believe he was a “lawful gun owner with a permit to carry.” DHS Secretary Kristi Noem said during a news conference that Pretti had shown up to “impede a law enforcement operation.” She questioned why he was armed but did not offer details about whether Pretti drew the weapon or brandished it at officers.

The officer who shot him is an eight-year Border Patrol veteran, federal officials said.

Trump blames Democrats ----------------------------- The president weighed in on social media by lashing out at Walz and the Minneapolis mayor.

He shared images of the gun that immigration officials said was recovered and said: “What is that all about? Where are the local Police? Why weren't they allowed to protect ICE Officers?” Trump, a Republican, said the Democratic governor and mayor are “are inciting Insurrection, with their pompous, dangerous, and arrogant rhetoric.” Rep. Alexandria Ocasio-Cortez of New York was among several Democratic lawmakers demanding federal immigration authorities leave Minnesota. She also urged Democrats to refuse to vote to fund US Immigration and Customs Enforcement, saying via social media: “We have a responsibility to protect Americans from tyranny.” Senate Democratic Leader Chuck Schumer later said that Democrats will not vote for a spending package that includes money for DHS, which oversees ICE. Schumer's statement increases the possibility that the government could partially shut down January 30 when funding runs out.

Pretti was shot just over a mile from where an ICE officer killed 37-year-old Renee Good on January 7, sparking widespread protests.

Pretti's family released a statement Saturday evening saying they are “heartbroken but also very angry” and calling him a kindhearted soul who wanted to make a difference in the world through his work as a nurse.

“The sickening lies told about our son by the administration are reprehensible and disgusting. Alex is clearly not holding a gun when attacked by Trump's murdering and cowardly ICE thugs. He has his phone in his right hand and his empty left hand is raised above his head while trying to protect the woman ICE just pushed down all while being pepper sprayed," the family statement said. “Please get the truth out about our son. He was a good man.” Video shows officers, man who was shot -------------------------------------------- In a bystander video obtained by The Associated Press, protesters are heard blowing whistles and shouting profanities at federal officers on Nicollet Avenue.

An officer shoves a person who is wearing a brown jacket, skirt and black tights and carrying a water bottle. That person reaches out for a man, and the two link up, embracing. The man, wearing a brown jacket and black hat, seems to be holding his phone up toward the officer.

The same officer shoves the man in his chest and the two, still embracing, fall back.

The video shifts to a different part of the street and then comes back to the two individuals unlinking from each other. It shifts focus again and then shows three officers surrounding the man.

Soon at least seven officers surround him. One is on his back, and another who appears to have a canister in his hand strikes a blow to his chest. Several officers try to bring the man's arms behind his back as he appears to resist. As they pull his arms, his face is briefly visible. The officer with the canister strikes him near his head several times.

A shot rings out, but with officers surrounding the man, it's not clear where it came from. Multiple officers back off. More shots are heard. Officers back away, and the man lies motionless on the street.

The police chief appealed for calm, both from the public and from federal law enforcement.

“Our demand today is for those federal agencies that are operating in our city to do so with the same discipline, humanity and integrity that effective law enforcement in this country demands,” the chief said. “We urge everyone to remain peaceful." Gregory Bovino of US Border Patrol, who has commanded the administration's big-city immigration campaign, said the officer who shot the man had extensive training as a range safety officer and in using less-lethal force.

“This is only the latest attack on law enforcement. Across the country, the men and women of DHS have been attacked, shot at,” he said.

Walz said he had no confidence in federal officials and the state would lead the investigation into the shooting.

But Drew Evans, superintendent of the Minnesota Bureau of Criminal Apprehension, said during a news conference that federal officers blocked his agency from the scene even after it obtained a signed judicial warrant.

Protests continue -------------------- Demonstrations broke out in several cities across the country including New York, Washington and Los Angeles.

In Minneapolis, protesters converged at the scene of the shooting in Minneapolis despite dangerously cold weather — by the afternoon the worst of an extreme cold wave was over, but the temperature was still -6 degrees (-21 Celsius).

An angry crowd gathered after the shooting and screamed profanities at federal officers, calling them “cowards” and telling them to go home. One officer responded mockingly as he walked away, telling them: “Boo hoo.” Agents elsewhere shoved a yelling protester into a car. Protesters dragged garbage dumpsters from alleyways to block streets, and people chanted “ICE out now” and “Observing ICE is not a crime.” As dark fell hundreds of people mourned quietly by a growing memorial at the site of the shooting. Some carried signs saying “Justice for Alex Pretti.” Others chanted Pretti's and Good's names. A doughnut shop and a clothing store nearby stayed open, offering protesters a warm place as well as water, coffee and snacks.

Caleb Spike said he came from a nearby suburb to show his support and his frustration. “It feels like every day something crazier happens,” he said. “What's happening in our community is wrong, it's sickening, it's disgusting.” (AP) GSP

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