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    India–Afghanistan Joint Working Group on Trade Holds Virtual Meeting; Reviews Measures to Strengthen Bilateral Trade and Economic Cooperation
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September 2, 2026
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Trade facilitation and customs cooperation drive follow-up action on connectivity, regulatory coordination, investment promotion and bilateral commercial engagement.
India-Afghanistan bilateral trade and economic cooperation is being advanced through institutional engagement on trade facilitation, customs cooperation, connectivity, investment and commercial exchange. Priority areas include customs and data-sharing cooperation, visa facilitation for traders, banking and financial cooperation, pharmaceutical and agricultural trade, energy cooperation, tariff concessions, cargo connectivity and port-related matters. Follow-up action covers regulatory cooperation, improved connectivity, investment promotion and business-to-business engagement.
September 2, 2026
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Residential rooftop solar subsidy requires eligibility, prior approval, registered installation, net metering, commissioning, and verified bank details for direct transfer.
PM Surya Ghar Muft Bijli Yojana provides central financial assistance for eligible grid-connected residential rooftop solar systems, capped at Rs. 78,000 for systems of three kilowatts or more. Applicants must be Indian citizens who own a suitable house, hold a valid electricity connection, and have not received an earlier solar-panel subsidy. Applications require portal registration, distribution-company feasibility approval, installation through a registered vendor, net metering, inspection, commissioning and submission of bank details. Assistance is transferred directly after verification. State-specific net-metering procedures, approvals and additional incentives may apply.
September 2, 2026
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Sovereign credit rating upgrade reflects solid growth, stronger financial systems, and improving fiscal and external resilience.
JCR upgrades India's foreign-currency and local-currency long-term issuer ratings to A- with a stable outlook, citing sustained economic growth, productivity-oriented policies and improved financial-system soundness. Fiscal constraints include elevated deficits, intergovernmental fiscal transfers, electoral-cycle sensitivity, and high combined government debt and interest burdens. Greater emphasis on infrastructure capital expenditure has improved the quality of fiscal spending. External resilience is supported by a contained current account deficit, services surplus and foreign-exchange reserves exceeding short-term external debt.
September 2, 2026
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Personal insolvency bench constitution and repayment-plan eligibility remain contested where a larger tribunal bench stays a third-member order.
Personal insolvency proceedings raised a challenge to the National Company Law Tribunal's authority to constitute a five-member bench after a split verdict. The challenge contended that the mechanism for differing views permits reference to another member or members, but does not authorise a five-member bench. The larger bench stayed the third member's order, restricted asset alienation, and suspended an order permitting settlement of personal-guarantee claims. The dispute concerned the validity of that bench, the split-verdict reference procedure, repayment-plan eligibility, and pending creditor appeals.
September 2, 2026
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Digital lending app verification enables borrowers to identify regulated lenders, grievance channels, and warning signs before accepting loans.
GoCredit's Loan App Checker allows borrowers to search lending apps against the public Digital Lending App directory and identify the regulated lender, grievance contact and RBI Ombudsman escalation route where a match exists. Regulatory reporting by regulated entities enables app-level verification, while borrowers should also check the lender named in app disclosures and loan agreements. A directory listing is a regulated-entity disclosure, not RBI approval or endorsement. Unmatched apps should be assessed through verification steps and reported through official channels where appropriate.
September 2, 2026
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Rupee depreciation in early trade reflected oil-price pressures, risk aversion, higher Treasury yields and broad dollar strength.
Early foreign-exchange trading saw the rupee weaken against the US dollar amid renewed US-Iran tensions, risk aversion, higher Brent crude prices, and a stronger dollar. Safe-haven demand, inflation concerns linked to potential oil-supply disruption, expectations of a September Federal Reserve rate increase, and higher US Treasury yields supported the broad dollar rally. RBI monitoring of the rupee's decline was noted.
September 2, 2026
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Responsible AI governance requires ethical safeguards, privacy protection, accountability and adaptive oversight to build lasting corporate stakeholder trust.
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September 2, 2026
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E-auction of surplus public land enables transparent outright sale of RINL parcels through registered, KYC-verified bidding.
National Land Monetization Corporation will facilitate the e-auction and outright sale of 459 encumbrance-free RINL land parcels, including residential plots and parcels suited for commercial and logistics use. Competitive bidding will occur through the RailTel E-Nivida e-procurement platform. Participation requires online registration, KYC verification, and plot-wise submission of an earnest money deposit within prescribed timelines. The process supports transparent monetisation of surplus land and non-core public assets.
September 2, 2026
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Competition approval for infrastructure finance restructuring covers acquisition, minority transfer, investment divestment, and merger of regulated NBFCs.
Competition Commission of India approval applies to the acquisition of Aseem Infrastructure Finance Limited by TPG Nicobar SG Pte. Ltd., a subsequent minority share acquisition by ICICI Bank Limited, and Aseem's divestment of its shareholding in NIIF Infrastructure Finance Limited to National Investment and Infrastructure Fund II. Following the acquisition, Climate Finance India Private Limited is intended to merge into Aseem as the surviving entity. The entities involved include RBI-registered non-deposit taking NBFCs operating in infrastructure finance, investment and credit, and infrastructure debt financing.
September 2, 2026
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Healthcare merger approval enables KCIL to acquire fertility and specialty hospital businesses alongside related equity issuances and investment.
Competition Commission approval covers KCIL's acquisition of up to 100% equity shareholding in AFCPL and 100% equity shareholding in ASHPL. The combination includes KCIL issuing equity shares and optionally convertible debentures to AHLL, representing 9.9% fully diluted shareholding as partial consideration, together with a further KCIL equity investment by Arvon Investments Pte. Ltd. KCIL operates mother and baby care hospitals, while AFCPL provides assisted reproductive treatment and reproductive-medicine services.
September 1, 2026
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Money-laundering investigation into alleged District Mineral Fund diversion examines purported liaison activity and asset acquisition through proceeds of crime.
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September 1, 2026
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September 1, 2026
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Current account deficit widened as merchandise trade deficit increased, notwithstanding stronger services receipts, remittances, and foreign direct investment inflows.
India's current account deficit widened in the first quarter of 2026-27 as the merchandise trade deficit increased. Higher net services receipts, increased personal transfer receipts and lower net primary-income outgo partly supported the external account. Financial-account movements included higher net foreign direct investment inflows, a shift in foreign portfolio investment from net inflow to net outflow, and lower net inflows through non-resident deposits and external commercial borrowings. Foreign exchange reserves declined on a balance-of-payments basis during the quarter.
September 1, 2026
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September 1, 2026
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Windfall gains tax on petroleum exports rises for petrol and diesel while aviation turbine fuel levy is reduced.
Special additional excise duty and road and infrastructure cess on petroleum-product exports are revised with effect from 1 September 2026. The export duty on diesel is increased, the levy on aviation turbine fuel is marginally reduced, and a duty is imposed on petrol exports. Existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall-tax framework seeks to support domestic fuel availability and deter exporters from benefiting from domestic and international price differences.
September 1, 2026
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Automated Free Sale and Commerce Certificate issuance reduces manual scrutiny while preserving risk-based review for eligible exporters.
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Trade facilitation and customs preparedness feature in AILBIEA's Silver Jubilee knowledge conference on liquid bulk commerce.
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Customs & Trade

Shah ramps up BJP's campaign for Assam assembly polls

January 30, 2026

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Dibrugarh/Dhemaji, Jan 30 (PTI) Union Home Minister Amit Shah on Friday ramped up the BJP's campaign for the upcoming high-stakes assembly polls in Assam by accusing the Congress, particularly Rahul Gandhi, of disrespecting the North East, promoting infiltration for electoral politics and the region's lack of development.

Shah, during his day-long programmes in the state where he launched projects worth Rs 1715 crore, heaped praise on Chief Minister Himanta Biswa Sarma for dealing effectively with varied issues, and virtually endorsed him for the state's top post by urging people to vote for the BJP for the third consecutive term.

Shah accused Gandhi of disrespecting the North East by refusing to wear a 'gamosa', presented by President Droupadi Murmu at the 'At Home' reception hosted by her on Republic Day.

All dignitaries, including those from abroad, had worn the scarf as a mark of respect, but Gandhi was the "only person to refuse" to do so, Shah claimed, while addressing a public rally in Dibrugarh.

''Rahul Gandhi can do whatever he wants, but as long as the BJP is in power and politics, it will not allow any disrespect of the North East's culture. We are firm on this, and nobody can shake us from this firm stand," he said.

Shah also accused the Congress of using infiltration as a "weapon of its vote bank politics" and claimed that there has been ''no infiltration in Assam since the BJP came to power. Those who had come to India illegally will be identified and sent back," he added.

Asserting that before the last elections, the BJP had pledged that infiltration, which "changed Assam's demography and compromised the nation's security", would be stopped, he said, ''We kept our promise".

In Dhemaji, Shah claimed that the demography of Assam changed during the Congress rule and the BJP-led government under Prime Minister Narendra Modi is working to reverse the trend.

"Assam's demography totally changed during the Congress rule. The population of infiltrators rose to 64 lakh from nil, and infiltrators became a majority in seven districts," Shah said at the closing ceremony of the 10th Mising Youth Festival.

"If you want to stop infiltration in Assam, then elect the BJP government for a third term and strengthen the hands of Chief Minister Himanta Biswa Sarma in the fight against illegal immigrants. Two BJP state governments in Assam have freed 1.26 lakh acres of land from encroachment by infiltrators," he added.

The Union home minister also stressed the role played by the Mising community in stopping infiltrators from settling in Upper Assam through their lifestyle of hard work.

In Dibrugarh, Shah claimed that the recent Free Trade Agreement (FTA) signed by Prime Minister Narendra Modi with the European Union will ensure that Assam's tea will go to all these countries with zero-tariff imposed.

"The Prime Minister has taken Assam's tea to Paris and Berlin along with other countries of the EU through the FTA and the trade pact will further boost Assam tea exports to European countries,'' he asserted.

Shah also alleged that the Congress did nothing for Assam's development but the BJP dispensation in the state, under the guidance of Prime Minister Narendra Modi, has taken a series of initiatives for the progress of all sectors.

Both BJP chief ministers Himanta Biswa Sarma and his predecessor Sarbananda Sonowal initiated several development works, but this is happening because Prime Minister Narendra Modi has Assam in his heart, he said.

''The Congress ruled at the Centre for decades since Independence, but did nothing for the development of the state. Now the BJP gives priority to Assam, whether it be in infrastructure, wildlife and environment, semiconductors, cancer facilities, airport, railways, waterways, industry and others'', he said.

''I want to ask Rahul Gandhi what his party has given to Assam except guns, bullets, conflicts and deaths of youth," the union home minister said.

Shah further challenged the Congress to tell the people of Assam what it did during the 10 years of government at the Centre.

"As a PM for 10 years from Assam, what has Manmohan Singh given to Assam? Let me tell you. He gave Rs 1.28 lakh crore to Assam in 10 years, while Modi ji gave Rs 5.85 crore to the state," the BJP leader added.

He also alleged that in 55 years of their government since Independence, the Congress never made an Adivasi the country's President but Modi made Droupadi Murmu India's President and gave respect to all Adivasi people of the country.

In Dibrugarh, Shah laid the foundation stone for the Rs 284 crore second assembly complex and MLA hostel as a part of establishing the district as the second administrative hub, inaugurated the first phase of the completed modern multi-disciplinary sports complex built at Rs 238 crore, laid the foundation stone for its second phase to be constructed at a cost of Rs 209 crore.

He also laid the foundation stone for the Rs 292 crore Wildlife Health and Research Centre and launched the Rs 692 crore project of restoration and rejuvenation of Wetlands in the state.

The BJP's focus on the polls was also evident from the Union home minister's visit to the party headquarters in Guwahati where he discussed election-related matters with senior functionaries.

Shah advised the party to fight the upcoming polls on the twin planks of development and secure Assam, and the state BJP will prepare an action plan on the suggestions given by him, sources said. PTI DG TR SSG DG NN

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