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October 1, 2026
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GST revenue collection reporting distinguishes gross and net collections for a monthly period without further collection particulars.
GST revenue collection reporting for September 2026 concerns both gross and net collections. Both collection categories are identified for that monthly period, without any stated amount, component-wise breakup, computation basis, adjustment mechanism, comparison with earlier periods, taxpayer obligation, administrative process, or legal consequence. No assessment, recovery, refund, credit, or enforcement position is indicated. Their relationship, inclusions, exclusions, and treatment are not specified.
October 1, 2026
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Annual Survey of Industries results record broad manufacturing growth and define survey coverage, enumeration, digital data collection, and reliability limits.
ASI 2024-25 records broad-based growth in registered manufacturing, including establishments, output, Gross Value Added, employment, emoluments, fixed capital, invested capital, net income and net profit. The survey covers specified registered factories, bidi and cigar establishments, certain electricity undertakings, and qualifying large units in State-maintained business registers. Data are collected electronically under the statutory framework for collection of statistics using an establishment-based approach, with quality checks and caution required because the estimates arise from a sample survey.
October 1, 2026
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Economic resilience policy dialogue examines financial stability, digital governance, trade fragmentation, and investment priorities amid global uncertainty.
The fifth Kautilya Economic Conclave will examine economic resilience amid global shocks through discussions on macroeconomic stability, monetary policy, financial stability, investment, fiscal federalism and capital-market development. Its agenda also covers digital economy governance, artificial intelligence, trade fragmentation, strategic autonomy, climate resilience, food systems, demographic change and global health security. Plenaries, parallel sessions and closed-door roundtables will consider policy responses and mobilisation of domestic and foreign capital for long-term investment.
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.

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Geely and Xinwei-Backed Cross-Era Leap Talent Development Program Welcomes Inaugural Class of 'AI Natives'

September 22, 2026

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SANYA, China, Sept. 22, 2026 /PRNewswire/ -- As artificial intelligence (AI) reshapes higher education, institutions and industry are exploring new approaches to identifying and developing talent. On Sept. 16, the Cross-Era Leap Talent Development Program ("Leap Program") held an opening ceremony for its inaugural class. Developed by Xinwei Education to prepare emerging leaders for the industries of the future, the flagship program introduces an educational model grounded in real-world industry settings and designed to identify and cultivate exceptional young talent. The ceremony marked the formal launch of a program that encompasses both the early identification of promising students and their long-term growth.

Chairman of Geely Holding Group, Li Shufu (Eric Li); Lu Dan, CEO of Geely Talent Development Group and Chairman and Global CEO of Xinwei-AI; and Pan Leifang (Tony Pan), Senior Vice President and Chief Human Resources Officer of Geely Holding Group, joined industry mentors, education experts and 19 incoming students selected from tens of thousands of applicants. Participants discussed the future of emerging industries and approaches to preparing the next generation of leaders.

Looking Beyond Grades to Identify Potential Earlier AI is reshaping industries as well as the ways in which talent is developed and assessed.

Chairman Li Shufu discussed the relationship between industry competitiveness and talent development. Every sector, he noted, faces continuing competition, with talent ultimately serving as one of the principal determinants of success. Companies may hire experienced professionals or invest in training recent graduates. Using Geely's longstanding metaphor of cultivating a "talent forest," Li said the Leap Program begins at an earlier stage: rather than selecting "saplings," it seeks to identify promising "seeds." At this earlier stage, the program focuses on advanced technologies and emerging industries in the AI era, seeking out recent high school graduates who demonstrate sustained commitment and exceptional potential in particular fields. Students will study and undertake practical work in four areas—electric vehicles, AI, low-altitude aviation and low-Earth-orbit satellites—through an intensive curriculum that combines academic study with substantive industry experience.

In its selection process, the Leap Program looks beyond test scores alone. Xinwei-AI and Xinwei Education partner with companies, universities and research institutions to evaluate candidates in four areas: passion and ambition, critical thinking and vision, grit and resilience, and empathy and teamwork. A structured assessment framework and a rigorous six-stage selection process are intended to ensure that candidates are evaluated fairly and comprehensively.

Dr. Lu Dan said the approach reflects a fundamental reconsideration of how people develop and acquire capabilities. In addition to academic performance, the qualities increasingly required of future leaders include sustained intellectual curiosity, the ability to learn across disciplines, a willingness to engage with complex problems and the capacity to translate an interest into sustained action. He said educational assessment must move beyond selection based principally on scores toward a more comprehensive process of identifying and developing talent. The approach is intended to create an educational environment in which universities and industry share responsibility for students' growth, with AI supporting collaboration between faculty members and students.

The inaugural class brings a range of strengths: some have a particular interest in robotics programming; others have extensive experience in model aircraft competitions, sustained engagement in independent research or demonstrated strengths in collaborative work. They are united by a willingness to pursue their interests over time and explore them independently.

By identifying talent earlier, the Leap Program also seeks to establish a coherent pathway from discovery to development. Its objective is not simply to select promising students, but to give them opportunities to strengthen and apply their abilities in real-world settings.

From Acquiring Knowledge to Developing Potential Unlike traditional programs centered primarily on classroom instruction and coursework, the Leap Program places sustained emphasis on helping each student realize their potential.

Pan Leifang urged students to "work on real problems and engage with them deeply." One of the program's principal advantages, he said, is that students engage directly with industry challenges from the beginning of their studies. Students will work with code used in real-world applications, gain experience on production lines and contribute to active research projects.

Ding Renzhong, chair of the academic committee at Geely University of China and former president of Sichuan Normal University, said the value of higher education in the future will lie not only in helping students acquire knowledge, but also in preparing them to identify, formulate and investigate problems. Industry settings provide opportunities for applied learning while exposing students to complex questions for which there may be no established answers.

The Leap Program does not prescribe a single developmental path. Instead, each student's experience reflects the individual's interests, strengths and potential, with academic preparation, industry exposure and practical challenges integrated throughout the program. Under a three-mentor model, students will receive guidance as they encounter unfamiliar problems, work in new environments and undertake increasingly complex assignments. In doing so, they will build knowledge and capabilities through sustained engagement with real-world questions.

Xinwei Bee Line, an AI-enabled academic training platform developed by Xinwei-AI, will support students in strengthening their capacity for independent thought and sound judgment. Rather than concentrating solely on finding established answers, students will learn to analyze, test and address real problems. Through this process, students will develop a deeper understanding of how technology operates in different industry contexts while drawing on multiple disciplines and perspectives. The aim is to help students progress from acquiring specialized knowledge to applying it to complex challenges.

The program therefore approaches education not simply as the accumulation of knowledge and skills, but as an ongoing process of identifying, cultivating and applying each student's potential.

From Selection to Shaping the Future At an opening ceremony themed "What Kind of Future Will We Build?", students received a letter framed as a message from 2030 and viewed a dynamic map illustrating possible future pathways for the 19 members of the inaugural class. These elements invited students to consider the relationship between their personal development and the industries they may one day help shape. Academic and industry mentors were formally appointed, while an AI mentor named "Xinwei Liangzai" (means cool boy) was introduced as part of the program's collaborative support structure.

Students also spoke with Li Shufu, other senior leaders, experts and mentors about emerging areas of industry, choosing fields of study, interdisciplinary learning and the translation of research into practical applications. Whereas many university opening ceremonies focus primarily on campus life, the students' questions centered largely on industry developments and future careers, reflecting the program's emphasis on applied learning.

Chairman Li Shufu emphasized that changes in how knowledge is acquired in the AI era require universities to reconsider the objectives of higher education. There is no shortcut to personal development or achievement, he said: students must understand the world around them while retaining the ability to think independently. Learning in the AI era, he added, should progress beyond acquiring knowledge for its own sake to learning how to innovate and prepare for the future.

Dr. Lu Dan said the AI era provides students with access to a broader range of resources and greater scope for exploration, while also amplifying capabilities developed through sustained effort. He encouraged "AI natives" to think ambitiously and explore actively, while recognizing that ideas must ultimately be translated into sustained innovation and action.

As the discussion concluded, Chairman Li Shufu offered his best wishes to the inaugural class: "May you make a successful leap and see your aspirations and dreams fulfilled." Rapid advances in technology, continuing industrial transformation and changes in the ways people access knowledge are prompting higher education institutions to reconsider how talent is identified, developed and assessed. They also underscore the need for closer connections among education, workforce development and industry.

The Cross-Era Leap Talent Development Program represents Xinwei Education's response to these questions. Bringing together universities, companies and technology platforms, the program expands the assessment of candidates beyond examination results to include a broader evaluation of their potential for growth. By connecting early talent identification with individual growth, practical skills and industry experience, the initiative is intended to inform new approaches to identifying and educating promising innovators in the AI era.

(Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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