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    Union Minister of Commerce and Industry Shri Piyush Goyal Holds Meetings with German Industry Leaders and Research Institutions in Berlin
    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chairs 30th Meeting of Financial Stability and Development Council (FSDC) in Ne...
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    CCI approves acquisition of 100% equity share capital of Sahrudaya Health Care by Maybach Asia Holdings II Pte. Ltd
    Minutes of the Monetary Policy Committee Meeting, October 5 to 7, 2026 [Under Section 45ZL of the Reserve Bank of India Act, 1934]
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    India–New Zealand FTA to Come into Force on 20th October 2026 on Vijay Dashmi, Opening New Opportunities for Indian Exporters
    DRI foils major ganja trafficking attempt; seizes 591 kg cannabis smuggled from Nepal
    DRI seizes more than 43 lakh foreign-origin smuggled cigarettes worth Rs. 8.64 crore in Mizoram; one arrested
    Saturation Campaign of Financial Inclusion (FI) Schemes to Run from 21st October 2026 to 31st December 2026
    DRI detects 13 kg foreign-origin gold worth around Rs. 19.41 crore and dismantles a gold smuggling syndicate in Gujarat; three arrested
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October 24, 2026
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India-Germany economic cooperation advances through trade, investment, advanced manufacturing, research collaboration, and emerging technology partnerships.
India-Germany economic cooperation is being advanced through bilateral engagements addressing trade, investment, advanced manufacturing, research and emerging technologies. Economic and investment ties formed the subject of discussions between government representatives, while business and sectoral interactions explored expanded commercial partnerships, investment, industrial cooperation and bilateral business collaboration. Research and innovation cooperation also focuses on advanced industrial technologies and industry-academia partnerships.
October 24, 2026
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Financial stability safeguards require coordinated vigilance, cyber resilience, digital financial reforms, and faster return of unclaimed assets.
FSDC reviewed macro-financial stability and India's preparedness for related risks, emphasising heightened vigilance, proactive risk mitigation and safeguards for financial-system resilience. Regulatory modernisation measures considered include fintech innovation, tokenisation of financial assets, cyber resilience and implementation of the Financial Sector Cyber Security Strategy. Implementation priorities cover digital KYC, digital onboarding, digital public infrastructure, investment flows, reduced intermediation costs and rationalised credit guarantee schemes. Regulators and stakeholders were urged to expedite the return of unclaimed financial assets to rightful owners.
October 24, 2026
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Country-of-origin misdeclaration enabled attempted evasion of import prohibitions through third-country transshipment, prompting customs seizure and arrests.
Import-origin misdeclaration and third-country transshipment were alleged to have been used to evade the prohibition on direct or indirect imports of Pakistani-origin goods. A shipment declared as UAE-origin muskmelon seeds was found to contain watermelon seeds, with evidence of shipment from Pakistan through Dubai, container and vessel changes, and fabricated import documentation. Watermelon seeds were separately restricted for import. The goods were seized under the Customs Act, 1962, and two persons alleged to have handled overseas supply and Indian import formalities were arrested.
October 24, 2026
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Heroin trafficking enforcement addresses alleged public transport movement, with search, seizure, and arrests under narcotics law.
Intelligence-led narcotics enforcement by the Directorate of Revenue Intelligence in Phagwara involved interception of a public transport bus, recovery of 5.6 kg of heroin from a suspect's backpack, and arrest of four persons alleged to have transported and possessed the substance. A personal search under the Narcotic Drugs and Psychotropic Substances Act, 1985, revealed ten taped packets that field-tested positive for heroin; the contraband was seized under that Act.
October 24, 2026
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Narcotics smuggling enforcement uncovers hydroponic marijuana concealed in an import consignment, prompting seizure, arrest, and further investigation.
Narcotics-smuggling enforcement resulted in the seizure under the Narcotic Drugs and Psychotropic Substances Act, 1985, of 23.220 kg of hydroponic marijuana concealed in a Bangkok-origin import consignment declared as lamps. X-ray imaging and dismantling of a wooden pallet recovered 23 vacuum-sealed packets containing compressed green leafy substance. Intelligence from an earlier ganja seizure led to scrutiny of the consignment, a further arrest, and continuing investigation into a wider trafficking syndicate.
October 23, 2026
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Engineering export competitiveness requires resilient raw-material supply chains, effective free-trade pact use, and responses to quality and climate-linked barriers.
Engineering-export strategy development focuses on stronger use of free trade pacts, market access, competitive raw-material availability and resilient supply chains. Input-cost volatility, supply-chain disruptions, global overcapacity, trade-protective measures, sustainability-related requirements and climate-linked market-access conditions affect export competitiveness. Quality Control Orders require an evidence-based assessment of covered sectors and products, their rationale and industry impact, supported by a comprehensive white paper and panel-wide feedback for policy deliberation.
October 23, 2026
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Free trade agreement cooperation is being pursued to translate industrial collaboration into trade and investment opportunities.
Trade, investment and industrial cooperation are being pursued through ministerial consultations and business dialogue, with the prospective India-EU Free Trade Agreement identified as a framework for expanding bilateral trade and investment. Business-roundtable discussions focus on translating that prospective framework into concrete opportunities. International partnerships are associated with trust, complementary economic strengths and resilient supply chains, alongside efforts to deepen cooperation in trade, investment, technology and industry.
October 23, 2026
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Asset reconstruction company participation in insolvency resolution gains support through industry-linked professional education, research, and engagement.
The five-year collaboration strengthens the Post Graduate Insolvency Programme through industry-oriented teaching, faculty support, joint research, data sharing subject to legal and confidentiality requirements, and opportunities for internships, placements and industry engagement. Asset Reconstruction Companies may participate as resolution applicants under the Insolvency and Bankruptcy Code, subject to prescribed regulatory conditions, contributing expertise in asset valuation, debt restructuring and stressed-asset management to insolvency resolution.
October 23, 2026
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Competition approval governs Integrace's acquisition of Universal Nutriscience share capital and related transaction in healthcare and nutraceutical markets.
Competition Commission of India approval covers the proposed combination under which Integrace Private Limited will acquire share capital of Universal Nutriscience Private Limited from its existing shareholders, together with a related transaction. Integrace is a domestic formulations company focused on orthopaedics and gynaecology, while Universal Nutriscience operates in nutraceutical and lifestyle products and plans new products and novel drug-delivery systems.
October 23, 2026
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Full equity acquisition of a multi-specialty hospital network receives merger-control clearance through a private-equity-backed special-purpose vehicle.
The approved combination involves Maybach Asia Holdings II Pte. Ltd. acquiring 100% of the equity share capital of Sahrudaya Health Care Private Limited. The acquirer is a special purpose vehicle formed exclusively for the transaction and is indirectly owned by investment funds, vehicles and accounts managed through subsidiaries of KKR & Co. Inc. The target operates a multi-specialty hospital network across south and west India.
October 22, 2026
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Policy repo rate tightening addresses broadening inflation pressures while keeping future action dependent on growth and price data.
The Monetary Policy Committee unanimously increased the policy repo rate under the liquidity adjustment facility by 25 basis points to 5.50 per cent. The standing deposit facility rate was set at 5.25 per cent, and the marginal standing facility rate and Bank Rate at 5.75 per cent. The stance changed from neutral to calibrated tightening, indicating that rate cuts are not contemplated in the near term. Future policy action may involve a rate increase or pause depending on growth, inflation, underlying price pressures, second-round effects and demand impulses.
October 22, 2026
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Trade and investment cooperation will be advanced through industrial, technology and green-transition dialogues, business roundtables and bilateral consultations.
India's economic engagement with Germany and the Netherlands is intended to expand bilateral trade, investment corridors, industrial and technological collaboration, and green-transition initiatives. Discussions cover market access, investment opportunities associated with free trade agreement negotiations, advanced engineering, clean technology, resilient supply chains, and logistics connectivity. Businesses and startups will participate in sectoral roundtables, investment interactions, and business-to-business networking across manufacturing, technology, agri-food, healthcare, renewable energy, logistics, textiles, and services.
October 22, 2026
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Synthetic drug trafficking enforcement led to methamphetamine seizure and arrest following intelligence-based interception at an inter-city bus terminal.
Intelligence-led enforcement against synthetic drug trafficking resulted in the seizure of 9.139 kg of crystalline methamphetamine and the arrest of a bus passenger following interception at an inter-city bus terminal. The substance was concealed in clothing packets within trolley bags, field-tested and seized under the Narcotic Drugs and Psychotropic Substances Act, 1985. Synthetic narcotics trafficking is identified as using inter-city transport networks, cross-border routes and coastal corridors.
October 21, 2026
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Growth with sound controls requires regulated institutions to retain accountability, protect trust, and respond rapidly to digital risks.
Financial-sector growth in an increasingly digital and interconnected system must be accompanied by a control environment commensurate with the pace and nature of growth. Digital onboarding, AI-led underwriting and autonomous workflows may lower costs, improve customer experience and widen access, but not every process friction is inefficiency. Technology cannot eliminate underlying risk. Before a manual check is automated or removed, institutions should identify the risk it controlled and determine where that control will reside. Process outsourcing through fintechs, external platforms or third-party models does not transfer responsibility associated with the regulated institution's licence.
October 21, 2026
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Duty-free market access under the India-New Zealand Free Trade Agreement expands exports, services mobility, agricultural cooperation, and trade safeguards.
New Zealand eliminates customs duties on all tariff lines for Indian exports, providing 100% duty-free access for sectors including textiles, leather, engineering goods, automobiles, chemicals, pharmaceuticals, agricultural products and processed foods. Sensitive products, including dairy, sugar, edible oils and key agricultural commodities, remain excluded from concessions. Rules of origin, bilateral safeguard measures and anti-circumvention provisions are intended to ensure that preferential benefits reach genuine Indian exporters and to protect vulnerable agricultural and rural interests. Tariff Rate Quotas for apples, kiwifruit and Ma nuka honey are linked to delivery of Agricultural Productivity Partnership Action Plans.
October 21, 2026
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Cross-border cannabis trafficking enforcement targets truck-based concealment methods, with narcotics and transport vehicle seized under NDPS law.
Intelligence-led narcotics enforcement resulted in the seizure of 591.3 kg of ganja concealed in specially fabricated compartments of a truck suspected to have carried contraband from Nepal into Uttar Pradesh. Surveillance based on specific intelligence led to interception of the vehicle, from which 81 packets were recovered from cavities above the hood and behind the driver's seat. The ganja consignment and the transport vehicle were seized under the Narcotic Drugs and Psychotropic Substances Act, 1985.
October 21, 2026
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Cross-border cigarette smuggling triggers customs seizure where foreign-origin packs lack mandatory pictorial health warnings and are transported illicitly.
Cross-border cigarette smuggling was detected through intelligence-led surveillance on the Champhai-Aizawl Road in Mizoram. A truck was intercepted at Tuirial village, resulting in recovery of 432 cases containing 43,20,000 sticks of foreign-origin "Patron" cigarettes. The packets lacked mandatory pictorial and health warnings under the Cigarettes and Other Tobacco Products Act, 2003. The cigarettes and truck were seized under the Customs Act, 1962, and the driver was arrested.
October 21, 2026
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Financial inclusion saturation campaign organises bank camps for insurance, pension, account access, KYC, fraud awareness, and agricultural credit enrolment.
The financial inclusion saturation campaign will operate through bank camps providing enrolment in insurance and pension schemes, opening of basic bank accounts, Aadhaar seeding, re-KYC, central KYC identifier generation, and nomination updates. Camps will also conduct awareness sessions on financial-inclusion schemes, digital fraud and unclaimed financial assets, source agricultural credit applications for eligible farmer-beneficiaries, and facilitate crop-insurance enrolment for the upcoming Rabi season.
October 21, 2026
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Gold smuggling enforcement targets airport concealment, illegal melting and jewellery-market disposal within organised customs-law networks.
Customs enforcement action concerned an organised gold-smuggling syndicate that allegedly imported foreign-origin gold through airports by concealing it as rhodium-coated wires, within trolley-bag linings and as gold paste. The distribution chain allegedly involved handlers, intermediaries, an illegal melting facility and cash sales through a jewellery outlet. Searches uncovered gold, evidence of illegally melted gold, undocumented bars, and records of smuggled-gold dealings, while identifying a financier and other network participants.
October 21, 2026
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Electronic origin data exchange supports customs cooperation, trade facilitation, and efficient use of bilateral trade preferences.
Electronic origin data exchange for trade in goods is established through a Memorandum of Cooperation between the Indian and New Zealand customs administrations under the India-New Zealand Free Trade Agreement. The arrangement provides for advance electronic sharing of origin data, strengthening bilateral customs cooperation and supporting implementation of trade-facilitation measures. The mechanism supports effective use of FTA trade preferences and facilitates delivery of negotiated benefits to eligible businesses in both countries.

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Zaggle Brings Cricket and Business Together in Hyderabad; Hosts Padma Bhushan Dr. Sunil Gavaskar

September 7, 2026

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A conversation on performance, leadership, recognizing potential and creating a lasting legacy
HYDERABAD, India, Sept. 7, 2026 /PRNewswire/ -- Zaggle Prepaid Ocean Services Limited (NSE: ZAGGLE) (BSE: 543985), India's leading AI-led enterprise spend management and FinTech platform, brought together an accomplished gathering of CEOs, founders, entrepreneurs, industrialists and professionals in Hyderabad for an evening that explored the common principles connecting cricket, business and leadership, featuring legendary cricketer and Padma Bhushan Dr. Sunil Gavaskar.




The evening centered around the idea that while cricket and business operate in very different arenas, the principles that drive sustained success are remarkably similar, preparation, performance under pressure, decision-making, resource management, teamwork and the ability to build for the long term.


Commenting on the occasion, Dr. Raj P. Narayanam, Founder & Executive Chairman, Zaggle, said: "Cricket and business may operate in different arenas, but the principles that drive sustained success are remarkably similar, preparation, performance under pressure, making the right decisions and building teams that can deliver consistently. At Zaggle, we believe that recognizing potential early, backing talent and creating the right environment for people to perform is fundamental to long-term success. It is equally important to ask what we do with that success, how we create opportunities, give back and build a legacy that extends beyond ourselves. Conversations with legends like Dr. Sunil Gavaskar remind us that true excellence is not just about what we achieve, but the impact we create along the way."
Know the Legend: A Conversation with Dr. Sunil Gavaskar
The highlight of the evening was "Know the Legend", a fireside conversation between Dr. Raj P. Narayanam and Padma Bhushan Dr. Sunil Gavaskar, bringing together two perspectives on performance, leadership, entrepreneurship and legacy.


The discussion explored the making of sustained success from preparing for high-pressure moments and adapting to changing circumstances, to identifying potential, creating opportunities and building teams capable of delivering consistently.


Dr. Gavaskar's extraordinary journey mirrors the evolution of Indian cricket itself. From being one of the defining opening batsmen of his generation to becoming a global voice for the sport, his career has been shaped by discipline, resilience, preparation and the ability to perform when expectations are at their highest.


The conversation also reflected on how Indian cricket has evolved from a sport into a global industry and cultural force, while drawing parallels with the transformation taking place across India's business and entrepreneurial landscape.


From Performance to Purpose
A key theme of the evening was the responsibility that accompanies success. The conversation moved beyond achievement to consider how individuals and organisations can create opportunities for others, give back to society and build value that extends across generations.


For Zaggle, this philosophy is reflected in its approach to supporting talent and creating platforms for potential to flourish. The company has supported cricketing talent including Jasprit Bumrah, Hardik Pandya and Ayush Mhatre, reflecting its belief in recognizing potential early, backing it with conviction and creating the right environment for talent to grow.


The evening concluded with reflections on leadership, excellence, contribution and legacy, leaving the audience with a broader question: after achieving success, how can we use it to create opportunities and make a meaningful difference to others?
The gathering brought together diverse voices from Hyderabad's business, entrepreneurial and professional ecosystem, united by a shared interest in leadership, performance, contribution and the pursuit of excellence.


About Zaggle
Incorporated in 2011, Zaggle (NSE: ZAGGLE) (BSE: 543985) is a leading player in spend management, with a differentiated value proposition and diversified user base. The company operates in the business-to-business-to-customer segment and is amongst a small number of uniquely positioned players with a diversified offering of financial technology products and services. Zaggle is one of the largest number of issued prepaid cards in India in partnership with its banking partners and is also one of the largest commercial credit cards player in India basis spends generated on cards issued by its partner banks. Additionally, Zaggle has a diversified portfolio of SaaS products, including tax and payroll software and a wide touchpoint reach. It is a leading player in spend management, with more than 50 million prepaid cards issued in partnership with 19 banking partners and more than 4.0 million users served as of June 30, 2026, offering a differentiated value proposition and diversified user base.


Zaggle's network of corporate customers covers the banking and finance, technology, healthcare, manufacturing, FMCG, infrastructure and automobile industries.


For more information, please visit company website https://www.zaggle.in/ and follow our latest updates on LinkedIn | Facebook | Instagram | Zagg.Money
Photo: https://mma.prnewswire.com/media/3008949/Zaggle_Hyderabad.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 PWR

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