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CUSTOMS
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3
Feb
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Circular No. 01 /2026-Customs
(Delhi)
Extending export benefits for exports made through Postal mode- Amendment to Circular No. 25/2022-Customs dated 09.12.2022
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3
Feb
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Circular No. 03 /2026-Customs
(Delhi)
Extension of time period under Deferred Payment of Import Duty Rules, 2016 and addition of eligible manufacture importer in class of eligible importers to avail the facility
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3
Feb
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Circular No. 07 /2026-Customs
(Delhi)
Introduction of system-based e-Scheduling for examination of cargo and mandatory use of Body Worn Cameras (BWC) during examination of import cargo.
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2
Feb
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Notification No. 12 /2026 - CUSTOMS
(Delhi)
G.S.R.... (E). In exercise of the powers conferred by the proviso to sub-section (1) of section 47 of the Customs Act, 1962 (52 of 1962)
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2
Feb
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Notification No. 13 /2026 - CUSTOMS
(Delhi)
G.S.R....(E). In exercise of the powers conferred by the proviso to sub-section (1) of section 47 and section 156 of the Customs Act, 1962
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INCOME TAX
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2
Feb
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Notification No. 16/2026
(Delhi)
S.O. 433(E).— In exercise of the powers conferred by clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961
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INDIAN ECONOMY
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The Centre may set new reform milestones for states under the “tied” component of its 50-year interest-free capex loan scheme, a senior official aware of the matter told Moneycontrol.
The outlay under the “tied component” could be Rs 1.2 lakh crore -- of the total Rs 2 lakh crore outlay -- for FY27, the of...
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India-US trade deal complements India's manufacturing push under the PLI schemes, supports export diversification, and advances its goal of moving up the global value chain, says a report by Axis Direct. For the US, India represents a large and dependable market, as well as a strategic manufacturing alternati...
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Discounts on Russian oil being offered to Indian refiners have widened over the past 10 days, raising the question of whether processors will be encouraged to snap up cargoes despite a trade agreement with the US that hinges on lower purchases.
Russia’s flagship Urals grade is being offered at more than $1...
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India's crude oil import bill could decline by up to USD 3 billion annually if the country shifts a portion of its crude sourcing from Russia to Venezuelan heavy crude, according to a new report by State Bank of India (SBI) Research.
The report highlighted that reducing reliance on Russian crude and increa...
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India and the European Union concluded a Free Trade Agreement (FTA) on January 27, paving the way for strong geoeconomic relations between the two. However, the deal awaits ratification by the European Parliament, EU member states, and India before entering into force.
Ratification appears likely, given th...
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India's economy is poised for significant acceleration following a landmark trade agreement with the United States, according to Rahul Bajoria, Head of India and ASEAN Economic Research at BofA Global Research.
Immediate benefits and growth projections
The reciprocal tariff agreement, which follows closel...
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Goldman Sachs India sees the United States reducing “reciprocal” tariffs on Indian goods as a positive move. The brokerage notes that this change is likely to boost India’s exports, raise GDP growth modestly, and improve trade balances, particularly for sectors with strong export surpluses.
The tariff has ...
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“February Russian inflows are unlikely to fall to zero because some cargoes are already scheduled.” That assessment from global oil market trackers captures the underlying reality behind the political noise surrounding India’s crude oil trade after US President Donald Trump claimed that New Delhi had agreed t...
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India’s services sector saw a pickup in growth momentum in January. HSBC India Services PMI rising to 58.5 from 58.0 in December, hitting a two-month high.
According to the latest HSBC India Services PMI data released by S&P Global, the growth was supported by stronger demand, improved business confidence ...
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MARKET & FINANCE
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Bank of America expects the Indian rupee to strengthen further by the end of March, after a trade agreement with the U.S. led to its sharpest gain in over seven years on Tuesday, the bank's top treasury official in India told Reuters.
"We are expecting the rupee to strengthen to around 88.60-89.00 against ...
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The US-India trade deal announcement lifted foreign portfolio investors (FPIs) mood significantly on Tuesday. However, experts said that their net purchase of over Rs 5,000 crore should be seen more as a reaction to the positive development rather than a change in stance.
“This is not actually a trade deal...
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Many returning NRIs and former overseas students may have unintentionally left a small amount of money or financial assets abroad without disclosing them while filing their income tax forms in India.
This could be the result of real oversight rather than deliberate tax evasion. Employees working abroad, fo...
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GLOBAL CORPORATE
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A KKR and Singapore Telecommunications consortium will pay S$6.6 billion ($5.2 billion) in cash to take full control of ST Telemedia Global Data Centres (STT GDC), the companies said on Tuesday, in an intensifying race for AI capacity.
Based on the price the companies are paying for the 82% stake they do n...
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The Indonesia Stock Exchange will release a draft of new market regulations on Wednesday, the country's financial regulator said, as it looks to move quickly to address concerns raised by index MSCI that triggered an $80 billion market selloff last week.
Indonesia has promised capital market governance ref...
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Swiss bank UBS posted on Wednesday a forecast-beating 56% surge in net profit on strong performances from its wealth management and investment banking divisions, and announced plans for more share buybacks.
The world's largest wealth manager intends to repurchase at least $3 billion of shares in 2026, the ...
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The U.S. government is working to issue as early as this week a general license allowing companies to produce oil and gas in Venezuela, as Washington seeks to encourage expanded output in the OPEC nation since capturing its president, three sources close to the matter told Reuters.
The move by the Treasury...
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The Trump administration is expected to unveil its grandest plan yet to rebuild supply chains of critical minerals needed for everything from jet engines to smartphones, likely through purchase agreements with partners on top of creating a $12 billion U.S. strategic reserve to help counter China's dominance.
...
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Banking
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Reserve Bank of India is considering a revamp of how it supervises lenders, shifting from a traditional box-checking exercise to a deeper examination of banks’ business models, according to people familiar with the matter.
India’s financial regulator plans to examine in greater depth how banks conduct thei...
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GLOBAL ECONOMY
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The United States on Tuesday renewed the African Growth and Opportunity Act (AGOA) through the end of the year, an agreement that allows many African countries to access the US market duty-free.
US Trade Representative Jamieson G...
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British unemployment is likely to rise to its highest since 2015 this year, partly due to a rising minimum wage and last year's increase in a tax on employers, a leading think tank said on Wednesday.
The National Institute of E...
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China's services activity expanded at its quickest pace in three months in January, buoyed by stronger new orders and pushing hiring to its highest since July last year, a private-sector survey showed on Wednesday.
The RatingDo...
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The United Arab Emirates' non-oil private sector experienced the fastest growth in new business in nearly two years in January, driven by a steep increase in new orders, a survey showed on Wednesday.
The seasonally adjusted S&P...
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Thailand's economy is expected to grow within a range of 1.6% to 2.0% this year, a leading business group said on Wednesday, maintaining its previous forecast amid political turmoil and a likely decline in exports from last year's...
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A look at the day ahead in European and global markets from Rae Wee
A look at the day ahead in European and global markets from Rae Wee
Euro zone preliminary inflation data on Wednesday will set the tone for markets ahead of...
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A top executive at German utility Uniper has played down European concerns over increasing dependence on liquefied natural gas (LNG) from the United States, saying companies sign contracts with firms rather than governments, while...
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Russia's services sector expanded at its fastest pace in a year in January, buoyed by stronger demand and a rise in new orders, an S&P Global survey showed on Wednesday.
The S&P Global Russia Services PMI Business Activity Inde...
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INDIAN CORPORATE
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India's largest storage battery maker Exide Industries plans to ramp up its exports to the EU and the US, taking advantage of the India-EU free trade agreement as well as the lowering of tariffs by US President Donald Trump.
Ex...
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China's BYD, the world's top electric car-maker, is preparing a new model for India as it looks to continue its rapid growth overseas, executive vice president Stella Li told AFP on Tuesday.
Engineers at BYD's headquarters in S...
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The Swedish furniture retailer Ikea's Indian arm reported a marginally lower revenue of Rs 1,749.5 crore for the year ended March 2025 compared to the previous year.
Ikea’s losses have widened with net loss touching Rs 1,325.2 ...
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Mahindra & Mahindra has landed its largest-ever export order, clinching a deal to supply 35,000 units of its Scorpio Pik Up to Indonesia in 2026 — a single contract that outstrips the company’s entire export volumes in fiscal 2025...
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Adani Ports and Special Economic Zone (APSEZ) reported a 21.16% year-on-year(YoY) increase in its consolidated net profit at Rs 3,053.61 crore in Q3FY26 from Rs 2,520.26 crore reported in Q3FY25.
The company’s revenue from oper...
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Adani Enterprises reported a 9,771 per cent YoY profit jump in the third quarter of FY26. The company’s consolidated net profit stood at Rs 5,627 crore in Q3 FY26, compared to a profit of Rs 57 crore in Q3 FY25.
Adani Enterpri...
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Bajaj Finance reported a 6.31 per cent YoY profit decline in the third quarter of FY26. The company posted a consolidated net profit of Rs 3,978 crore in Q3 FY26, compared with Rs 4,246 crore in Q3 FY25.
The finance major’s Ne...
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Corporate India has welcomed the India-US trade deal after months of uncertainty, saying it will lower costs, boost exports and galvanise India’s growth ambitions in a rapidly evolving global market. While most companies are readi...
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Adani Group and Italian aerospace major Leonardo on Tuesday announced a strategic partnership to establish an integrated helicopter manufacturing ecosystem in India.
Adani Defence & Aerospace and Leonardo have inked a Memorandu...
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