March 10, 2026

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IMC EVENTS

Notifications

 
CUSTOMS

5
Mar

Notification No. 24/2026 (Delhi)
S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962

5
Mar

Circular No. 08/2026 (Delhi)
Extension of Deferred Payment of Customs Duty benefits to ‘Eligible Manufacturer Importer’ (EMI) – reg.

GST

6
Mar

NOTIFICATION No. 08/2024 (Delhi)
S.O.…(E).—In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017

6
Mar

NOTIFICATION No. 11/2024 (Delhi)
G.S.R.....(E).– In exercise of the powers conferred under section 3 read with section 5 of the Central Goods and Services Tax Act, 2017

6
Mar

Circular No.-221/15/2024 (Delhi)
Clarification on time of supply in respect of supply of services of construction of road and maintenance thereof of National Highway Projects of National Highways Authority of India (NHAI)in Hybrid A

6
Mar

NOTIFICATION No. 15/2024 (Delhi)
G.S.R.…(E).—In exercise of the powers conferred by sub-section (1) of section 52 of the Central Goods and Services Tax Act, 2017

6
Mar

Notification No. 19/2024 (Delhi)
S.O…...(E).- In exercise of the powers conferred by proviso to sub-section (2) of section 171 of the Central Goods and Services Tax Act, 2017

6
Mar

NOTIFICATION No. 20/2024 (Delhi)
G.S.R... (E). –In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017

6
Mar

Circular No. 211/5/2024 (Delhi)
Clarification on time limit under Section 16(4) of CGST Act, 2017 in respect of RCM supplies received from unregistered persons – reg.

6
Mar

NOTIFICATION NO. 02/2024 (Delhi)
G.S.R…(E).- In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017

6
Mar

NOTIFICATION NO. 04/2024 (Delhi)
S.O…(E).—In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017

6
Mar

NOTIFICATION No. 01/2024 (Delhi)
G.S.R…(E).— In exercise of the powers conferred by sub-section (6) of section 39 of the Central Goods and Services Tax Act, 2017

6
Mar

Circular No. 217/11/2024 (Delhi)
Entitlement of ITC by the insurance companies on the expenses incurred for repair of motor vehicles in case of reimbursement mode of insurance claim settlement-reg.

6
Mar

Circular No.218/12/2024 (Delhi)
Clarification regarding taxability of the transaction of providing loan by an overseas affiliate to its Indian affiliate or by a person to a related person- reg.

6
Mar

Circular No. 248/05/2025 (Delhi)
Various issues related to availment of benefit of Section 128A of the CGST Act, 2017-reg.

6
Mar

Notification No 07/2024 (Delhi)
S.O….(E).— In exercise of the powers conferred by sub-section (1) of section 50 read with section 148 of the Central Goods and Services Tax Act, 2017

6
Mar

Circular No.209/3/2024 (Delhi)
Clarification on the provisions of clause (ca) of Section 10(1) of the Integrated Goods and Service Tax Act, 2017 relating to place of supply of goods to unregistered persons– Reg.

6
Mar

Circular No.210/4/2024 (Delhi)
Clarification on valuation of supply of import of services by a related person where recipient is eligible to full input tax credit – Reg.

6
Mar

Circular No.-212/6/2024 (Delhi)
Mechanism for providing evidence of compliance of conditions of Section 15(3)(b)(ii) of the CGST Act, 2017 by the suppliers -reg.

6
Mar

Circular No.-215/9/2024 (Delhi)
Clarification on taxability of salvage/ wreck value earmarked in the claim assessment of the damage caused to the motor vehicle -reg.

6
Mar

NOTIFICATION No. 05/2024 (Delhi)
G.S.R…(E).— In exercise of the powers under section 3 read with section 5 of the Central Goods and Services Tax Act, 2017

6
Mar

Circular No. 246/03/2025 (Delhi)
Clarification on applicability of late fee for delay in furnishing of FORM GSTR-9C- reg.

6
Mar

Circular No. 247/04/2025 (Delhi)
Clarification regarding GST rates & classification (goods) based on the recommendations of the GST Council in its 55th meeting held on 21st December, 2024, at Jaisalmer -reg.

6
Mar

Circular No. 207/1/2024 (Delhi)
Reduction of Government Litigation – fixing monetary limits for filing appeals or applications by the Department before GSTAT, High Courts and Supreme Court - reg.

6
Mar

Circular No.-208/2/2024 (Delhi)
Clarifications on various issues pertaining to special procedure for the manufacturers of the specified commodities as per Notification No. 04/2024 - Central Tax dated 05.01.2024– reg.

6
Mar

Circular No. 244/01/2025 (Delhi)
Regularizing payment of GST on co-insurance premium apportioned by the lead insurer to the co-insurer and on ceding /re-insurance commission deducted from the reinsurance premium paid by the insurer

6
Mar

Circular No. 245/02/2025 (Delhi)
Clarifications regarding applicability of GST on certain services – reg.

6
Mar

NOTIFICATION No. 03/2024 (Delhi)
S.O.....(E).– In exercise of the powers conferred bysection148 of the Central Goods and Services Tax Act, 2017

6
Mar

CircularNo.213/07/2024 (Delhi)
Clarification on the taxability of ESOP/ESPP/RSU provided by a company to its employees through its overseas holding company - reg.

6
Mar

Circular No.-214/8/2024 (Delhi)
Clarification on the requirement of reversal of input tax credit in respect of the portion of the premium for life insurance policies which is not included in taxable value-reg.

6
Mar

Circular No. 216/10/2024 (Delhi)
Clarification in respect of GST liability and input tax credit (ITC) availability in cases involving Warranty/ Extended Warranty, in furtherance to Circular No. 195/07/2023-GST dated 17.07.2023-reg.

6
Mar

NOTIFICATION No. 06/2024 (Delhi)
S.O…(E)— In exercise of the powers conferred by section 158A of the Central Goods and Services Tax Act, 2017

6
Mar

NOTIFICATION No. 09/2024 (Delhi)
G.S.R.....(E).-In exercise of the powers conferred by the second proviso to sub-section (1) of section 37 read with section 168 of the Central Goods and Services Tax Act, 2017

6
Mar

Circular No. 219/13/2024 (Delhi)
Clarification on availability of input tax credit on ducts and manholes used in network of optical fiber cables (OFCs) in terms of section 17(5) of the CGST Act, 2017 - reg.

6
Mar

NOTIFICATION No. 10/2024 (Delhi)
G.S.R.....(E).– In exercise of the powers conferred under section 3 read with section 5 of the Central Goods and Services Tax Act, 2017

6
Mar

Circular No 220/14/2024 (Delhi)
Clarification on place of supply applicable for custodial services provided by banks to Foreign Portfolio Investors-reg

6
Mar

NOTIFICATION No. 12/2024 (Delhi)
G.S.R... (E). –In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017

6
Mar

NOTIFICATION No. 13/2024 (Delhi)
G.S.R. ......(E).— In pursuance of the powers conferred by sub-rule (4B) of rule 8 of the Central Goods and Services Tax Rules, 2017

6
Mar

Notification No. 18/2024 (Delhi)
S.O…...(E).- In exercise of the powers conferred by sub-section (2) of section 171 read with sub-section (1) and second proviso to sub-section (5) of section 109 of the Central Goods and Services Tax

6
Mar

NOTIFICATION No. 14/2024 (Delhi)
G.S.R. ......(E).— In exercise of the powers conferred by the first proviso to section 44 of the Central Goods and Services Tax Act, 2017

6
Mar

Circular No.-222/16/2024 (Delhi)
Clarification on time of supply of services of spectrum usage and other similar services under GST -reg.

6
Mar

NOTIFICATION No. 16/2024 (Delhi)
S.O. …..(E).—In exercise of the powers conferred by clause (b) of sub-section (2) of section 1 of the Finance Act, 2024

6
Mar

Circular No. 223/17/2024 (Delhi)
Amendment in circular no. 1/1//2017 in respect of Proper officer for provisions relating to Registration and Composition levy under the Central Goods and Services Tax Act, 2017 or the rules made ther

6
Mar

NOTIFICATION No. 17/2024 (Delhi)
S.O. …..(E).—In exercise of the powers conferred by clause (b) of sub-section (2) of section 1 of the Finance (No. 2) Act, 2024

6
Mar

Circular No. 224/18/2024 (Delhi)
Guidelines for recovery of outstanding dues, in cases wherein first appeal has been disposed of, till Appellate Tribunal comes into operation.

6
Mar

Circular No. 227/21/2024 (Delhi)
Processing of refund applications filed by Canteen Stores Department (CSD) - regarding

6
Mar

NOTIFICATION No. 23/2024 (Delhi)
S.O....(E). In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017

6
Mar

Circular No. 228/22/2024 (Delhi)
Clarifications regarding applicability of GST on certain services – reg

6
Mar

NOTIFICATION No. 26/2024 (Delhi)
G.S.R…(E).— In exercise of the powers conferred by sub-section (6) of section 39 of the Central Goods and Services Tax Act, 2017

6
Mar

Circular No. 225/19/2024 (Delhi)
Clarification on various issues pertaining to taxability and valuation of supply of services of providing corporate guarantee between related persons.

6
Mar

NOTIFICATION No. 24/2024 (Delhi)
G.S.R….(E).- In exercise of the powers conferred by sub-section (2) of section 23 of the Central Goods and Services Tax Act, 2017

6
Mar

NOTIFICATION No. 25/2024 (Delhi)
G.S.R. …..(E).— In exercise of the powers conferred by sub-section (3) of section 1 read with section 51 of the Central Goods and Services Tax Act, 2017

6
Mar

Notification No. 27/2024 (Delhi)
G.S.R.....(E).– In exercise of the powers under section 3 read with section 5 of the Central Goods and Services Tax Act, 2017

6
Mar

NOTIFICATION No. 28/2024 (Delhi)
S.O …(E).— In exercise of the powers conferred by section 5 of the Central Goods and Services Tax Act, 2017

6
Mar

Notification No. 21/2024 (Delhi)
S.O.....(E).–In exercise of the powers conferred by sub-section (1) of section 128A of the Central Goods and Services Tax Act, 2017

6
Mar

NOTIFICATION No. 22/2024 (Delhi)
S.O....(E).— In exercise of the powers conferred under the section 148 of the Central Goods and Services Tax Act, 2017

6
Mar

Circular No. 226/20/2024 (Delhi)
Mechanism for refund of additional Integrated Tax (IGST) paid on account of upward revision in price of the goods subsequent to exports– reg.

6
Mar

NOTIFICATION No. 29/2024 (Delhi)
G.S.R.....(E).— In exercise of the powers conferred by sub-section (6) of section 39 of the Central Goods and Services Tax Act, 2017

6
Mar

Circular No. 232/26/2024 (Delhi)
Clarification on place of supply of data hosting services provided by service providers located in India to cloud computing service providers located outside India-reg

6
Mar

Circular No. 233/27/2024 (Delhi)
Clarification regarding regularization of refund of IGST availed in contravention of rule 96(10) of CGST Rules, 2017, in cases where the exporters had imported certain inputs without payment of inte

6
Mar

NOTIFICATION No. 03/2025 (Delhi)
G.S.R.....(E).- In exercise of the powers conferred by sub-section (6) of section 39 read with section 168 of the Central Goods and Services Tax Act, 2017

6
Mar

Circular No. 234/28/2024 (Delhi)
Clarifications regarding applicability of GST on certain services – reg.

6
Mar

NOTIFICATION No. 04/2025 (Delhi)
G.S.R.....(E).- In exercise of the powers conferred by sub-section (6) of section 39 read with section 168 of the Central Goods and Services Tax Act, 2017

6
Mar

Circular No. 235/29/2024 (Delhi)
Clarification regarding GST rates & classification (goods) based on the recommendations of the GST Council in its 54th meeting held on 9th September, 2024, at New Delhi -reg.

6
Mar

NOTIFICATION NO. 05/2025 (Delhi)
G.S.R.....(E).– In exercise of the powers conferred by sub-section (6) of section 39 read with section 168 of the Central Goods and Services Tax Act, 2017

6
Mar

NOTIFICATION No. 30/2024 (Delhi)
G.S.R.....(E).— In exercise of the powers conferred by sub-section (6) of section 39 of the Central Goods and Services Tax Act, 2017

6
Mar

Circular No. 229/23/2024 (Delhi)
Clarification regarding GST rates & classification (goods) based on the recommendations of the GST Council in its 53rd meeting held on 22nd June, 2024, at New Delhi -reg.

6
Mar

NOTIFICATION No. 31/2024 (Delhi)
S.O…(E).— In exercise of the powers conferred by section 5 of the Central Goods and Services Tax Act, 2017

6
Mar

Circular No. 230/24/2024 (Delhi)
Clarification in respect of advertising services provided to foreign clients–reg.

6
Mar

Circular No. 249/06/2025 (Delhi)
Generation and quoting of Document Identification Number (DIN) on any communication issued by the officers of the Central Board of Indirect Taxes and Customs (CBIC) to tax payers and other concerned

6
Mar

Circular No. 250/07/2025 (Delhi)
Reviewing authority, Revisional Authority and Appellate Authority in respect of orders passed by Common Adjudicating Authority (CAA) for show cause notices issued by DGGI - reg.

6
Mar

Circular No. 231/25/2024 (Delhi)
Clarification on availability of input tax credit in respect of demo vehicles-reg.

6
Mar

NOTIFICATION No. 01/2025 (Delhi)
G.S.R.....(E).- In exercise of the powers conferred by the first proviso to sub-section (1) of section 37 read with section 168 of the Central Goods and Services Tax Act, 2017

6
Mar

NOTIFICATION No. 02/2025 (Delhi)
G.S.R.....(E).- In exercise of the powers conferred by sub-section (6) of section 39 read with section 168 of the Central Goods and Services Tax Act, 2017

6
Mar

NOTIFICATION No. 06/2025 (Delhi)
G.S.R.....(E).- In exercise of the powers conferred by first proviso to sub-section (4) of section 52 read with section 168 of the Central Goods and Services Tax Act, 2017

6
Mar

Circular No. 236/30/2024 (Delhi)
Clarification regarding the scope of “as is / as is, where is basis” mentioned in the GST Circulars issued on the basis of recommendation of the GST Council in its meetings

6
Mar

NOTIFICATION No. 07/2025 (Delhi)
G.S.R... (E). –In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017

6
Mar

NOTIFICATION No. 09/2025 (Delhi)
G.S.R...(E).—In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017

6
Mar

Circular No. 239/33/2024 (Delhi)
Amendment to Circular No. 31/05/2018-GST, dated 9th February, 2018 on 'Proper officer under sections 73 and 74 of the Central Goods and Services Tax Act, 2017 and under the Integrated Goods and Servi

6
Mar

Circular No. 240/34/2024 (Delhi)
Clarification in respect of input tax credit availed by electronic commerce operators where services specified under Section 9(5) of Central Goods and Services Tax Act, 2017 are supplied through the

6
Mar

Circular No. 237/31/2024 (Delhi)
Clarifying the issues regarding implementation of provisions of sub-section (5) and sub-section (6) in section 16 of CGST Act, 2017-reg.

6
Mar

NOTIFICATION NO. 08/2025 (Delhi)
S.O......(E).– In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017

6
Mar

Circular No. 238/32/2024 (Delhi)
Clarification of various doubts related to Section 128A of the CGST Act, 2017

6
Mar

Corrigendum to Circular No. 237/31/2024 (Delhi)
Corrigendum to Circular No. 237/31/2024-GST dated 15th October, 2024 issued vide F. No. CBIC-20001/6/2024-GST-reg.

6
Mar

Notification No. 10/2025 (Delhi)
G.S.R.....(E).– In exercise of the powers conferred by section 3 read with section 5 of the Central Goods and Services Tax Act, 2017

6
Mar

NOTIFICATION No. 11/2025 (Delhi)
G.S.R... (E).–In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017

6
Mar

Circular No. 241/35/2024 (Delhi)
Clarification on availability of input tax credit as per clause (b) of subsection (2) of section 16 of the Central Goods and Services Tax Act, 2017 in respect of goods which have been delivered by th

6
Mar

Circular No. 242/36/2024 (Delhi)
Clarification on place of supply of Online Services supplied by the suppliers of services to unregistered recipients-reg.

6
Mar

Circular No. 243/37/2024 (Delhi)
Clarification on various issues pertaining to GST treatment of vouchers - reg.

RBI

5
Mar

RBI/DoR/2025-26/224 (Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Miscellaneous) Amendment Directions, 2026

5
Mar

RBI/2025-26/225 (Delhi)
Implementation of Section 51A of UAPA,1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Delisting of 01 entry

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INDIAN ECONOMY

Iran war could widen India’s CAD if crude prices stay elevated, warn analysts

The US and Israel war on Iran, which has ensnared the wider Gulf region and set crude prices on fire, could widen India’s current account deficit (CAD) by billions of dollars, as higher energy costs raise the country’s import bill and fuel inflation risks. Experts warn that a sustained increase in oil pric...

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India’s new GDP series to dig deeper into district economies

India’s statistical system is preparing to significantly improve how economic output is measured at the district level, a move that could help policymakers identify regional disparities more accurately and design targeted interventions. Statistics secretary Saurabh Garg told The Times of India that upcomin...

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FTAs, strong domestic demand boost MSME prospects: Jitin Prasada

The free trade agreements (FTA) signed by India and the strong domestic consumption market offer significant opportunities for micro, small and medium enterprises (MSMEs), said Jitin Prasada, union minister of state for commerce & industry and electronics & information technology. "The government has given...

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Shipping cos, vessel operators told to refrain from predatory pricing amid West Asia conflict

Shipping sector regulator Directorate General of Shipping has advised shipping companies, vessel operators and agents to refrain from "predatory, non-transparent and opportunistic pricing" practices in the wake of disruptions due to the West Asia conflict, according to sources. In an advisory issued on Mon...

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India's farm exports seen to touch $55 billion in 2025, Piyush Goyal says

India's agricultural exports are seen ?to ?touch $55 ?billion in 2025, Commerce Minister Piyush Goyal ?said on ?Tuesday. New Delhi will ?not allow any tariff concessions on sugar imports under ?any trade deal, Goyal added....

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‘Not US, Not Russia’: Why Robert Kiyosaki believes India is the big winner in Iran war

The global energy scene is currently a tinderbox. With the war in Iran raging and the Strait of Hormuz effectively closed, Brent crude has been on a wild ride, recently breaching the $119 mark before settling into a high-voltage holding pattern. In the middle of this stands US President Donald Trump, who h...

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Over 30 million barrels of Russian crude headed to India amid Hormuz disruption

Around 33 million barrels of Russian crude are expected to be unloaded for India this month, signalling a pickup in purchases by Indian refiners following the recent US waiver that allowed transactions involving Russian cargoes already at sea, according to data from commodity analytics firm Kpler. So far, ...

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Feb retail inflation around 3.1%: FE poll

Headline retail inflation for February is estimated to have climbed further, largely due to the food and beverages segment, economists said. Consumer Price Index (CPI) inflation may have been at 3.11% year-on-year in February, up from 2.75% in January and 1.15% in December, according to the median of an FE po...

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Explainer: What the oil price surge could mean for the Indian economy

Crude oil prices touched nearly $120 a barrel on Monday as the Iran war disrupted key shipping routes. With India importing nearly 90% of the crude oil it consumes, even a modest increase in prices can translate into billions of dollars in additional costs for the economy, writes Saurav Anand Why crude oil...

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FMCG value growth slips in Jan, Feb amid growing uncertainty

The global uncertainty triggered by the West Asia crisis and unrest across the world appears to be weighing on Indian consumers, with demand for discretionary categories such as home and personal care taking a hit in January and February, data from Bizom shared with FE shows. Spending on food, on the other...

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MARKET & FINANCE

India loses 40 basis points weightage in Norway Pension funds; China and Taiwan gain

Norges Bank, world’s largest sovereign fund managing over $2 trillion assets, has reduced India’s weight in its portfolio by 40 basis points to 2.1% as on December 31, 2025, latest annual filings for the fund showed. This is a consequence of India’s underperformance compared to other emerging markets in 2025,...

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In a volatile world, India is emerging as a stable destination for global capital: Baker Tilly

India's political stability, economic growth prospects and large pool of educated talent could continue to attract strong global investment inflows despite rising geopolitical and economic uncertainty, according to senior leaders at Baker Tilly International, one of the world's leading audit and advisory netw...

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War deeply impacted markets, but fundamentals strong: Sebi Pandey

The war in the Middle East middle east has deeply impacted India, along with global markets, but the country’s strong fundamentals are providing resilience, Securities and Exchange Board of India (Sebi) Chairman Tuhin Kanta Pandey said. Markets are experiencing tremors of the war, choking off vital shipping l...

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Equity fund inflows jump over 8% M-o-M to Rs 25,978 crore in February; mid and small caps see strong demand

Equity mutual funds saw stronger investor interest in February, with net inflows rising over 8% month-on-month to Rs 25,978 crore, snapping two months of decline, according to data from the Association of Mutual Funds in India (AMFI). In the previous month (January 2026), equity funds garnered Rs 24,029 crore...

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GLOBAL CORPORATE

Exclusive-Saudi Aramco Reducing Output at Two Oilfields, Two Sources Say

Saudi oil giant ?Aramco ?has begun cutting output at ?two of its oilfields, two sources said on Monday, after ?the vital Strait of Hormuz was choked by the U.S.-Israeli war on Iran and subsequent ?attacks on the waterway. It was ?not immediately clear at which fields and by how much production was ?being c...

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How US-Israeli War on Iran Is Upending Global Business

The U.S.-Israeli war with Iran is rattling businesses worldwide, driving up energy prices, squeezing supplies of ?critical ?raw materials and raising questions about the reliability of trade ?routes critical to the flow of goods from food to car parts. Below are the main disruptions so far: TRAVEL CHAOS...

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Trump Says US Is Waiving Certain Oil-Related Sanctions to Ensure Supply

?President Donald Trump ?said on Monday that ?the United States is waiving ?certain oil-related sanctions as ?a way to ?ensure ?adequate oil supply and lower prices. At a ?news conference at his Doral golf club, Trump said oil ?prices have not spiked as much ?as ?he had feared. ...

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US Solar Installations Down in 2025 After Trump Policies Jolt Market, Report Says

The U.S. solar market added ?fewer ?new installations in 2025 compared ?to the year before, a study showed on Tuesday, pointing ?to cooling momentum across the sector after President Donald Trump scrapped subsidies and tax breaks ?for renewable energy developers. The solar market ?installed 43 gigawatts in...

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European Freight Truck Makers Brace for Wave of Low-Cost Chinese Rivals

Chinese electric freight trucks are rolling into Europe at pace this year, following ?the ?trail blazed by Chinese EVs and threatening to upend the market with ?better technology and lower prices. Reuters has identified more than half a dozen Chinese manufacturers planning to launch European heavy truck sa...

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Renault Targets 23% Jump in Sale Volumes by 2030 From Overseas Push

Renault plans to sell ?half ?of its Renault brand cars overseas ?by 2030 and grow volumes by over a fifth, it said as it ?unveiled a five-year strategy aimed at remaining competitive in a tough global market. The French automaker is facing intensifying competition ?from low-cost Chinese players including B...

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Saudi Aramco reports 12% drop in 2025 profit amid lower sales

Saudi Arabia's Aramco, the world's top oil exporter, reported on Tuesday a 12% ?drop ?in profit ?for the full year 2025, mainly due to lower sales. Aramco reported $93.4 billion ?in net ?income for ?2025, missing ?analysts' ?average expectation ?of $95.6 billion, LSEG data showed. The ?oil giant reported ?...

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INCOME TAX

Income tax department finds Rs 408 crore sales suppression by restaurants in nationwide probe

The Income Tax Department has detected suppression of sales worth around Rs 408 crore by restaurants following a nationwide verification exercise conducted across the food and beverage (F&B) sector. The probe stems from an investigation launched in November 2025 to examine possible tax evasion patterns amo...

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Banking

How Indian Banks are Witnessing A Great Reset

India’s banking sector is in the middle of a massive transformation. This time, the trigger is not a crisis, but reforms, led by the Reserve Bank of India (RBI). The central bank’s decision to allow UAE’s NBD to acquire a controlling stake in RBL Bank, and the entry of Japan’s SMBC into YES Bank, are unpreced...

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Banks net Rs 19,000 crore from minimum balance fine

Private sector and state-run banks raked in around 19,000 crore from account holders for not maintaining minimum balance in three financial years -2022-23 to 2024-25. While private sector banks mopped up around Rs 11,000 crore, public sector players collected Rs 8,093 crore, according to data shared by the f...

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GLOBAL ECONOMY

Germany's Industry Makes Unexpectedly Weak Start to 2026

Germany's industry got ?off ?to a surprisingly weak start ?in January, with orders falling more than forecast and output ?unexpectedly decreasing, according to statistics office data. January orders declined by 11.1% compared w...

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Euro Zone Investor Morale Falls in March as Iran War Casts Doubt on EU Recovery

The Sentix ?index ?measuring investor morale ?in the euro zone fell in ?March, a survey showed on Monday, citing the ?initial impact of the ?U.S.-Israel war on Iran that has ?hit energy ?infrastructure and global shipping routes. ...

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Mexico Inflation Exceeds Target in February, Rate Cuts in Question

Mexico's ?annual ?inflation accelerated more than expected ?in February to surpass the central bank's target range, ?official data showed on Monday, with analysts expecting the inflationary pressure to delay further interest ?rate...

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Analysis-Europe's Struggling Retail Sector Looks Ill-Prepared for New Energy Price Shock

A surge in ?energy ?prices since the start of the ?U.S.-Israeli war on Iran piles further pressure on the retail sector in Europe, already struggling ?with weak consumer demand and diminished spending power. Shares in retailers...

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War with Iran delivers another shock to global economy

The war with Iran is doing collateral damage to the world economy. The conflict is driving up energy and fertiliser prices; threatening food shortages in poor countries; destabilising fragile states such as Pakistan; and complicat...

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America could be the unexpected economic winner of the Iran war

As the war against Iran roils energy markets and heightens geopolitical uncertainty, an analysis by State Bank of India’s research division argues that the conflict could produce an unexpected economic winner. According to the SBI...

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INDIAN CORPORATE

Extended Iran conflict may hit order inflows of L&T

While investors would focus on the results and guidance for the third quarter of financial year 2025-26 (Q3FY26) in the normal course of business, the US-Israeli attack on Iran and the latter’s retaliation at Gulf allies of the U...

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Flipkart completes reverse flip to India

Walmart-owned Flipkart has completed the redomiciliation of its holding structure to India from Singapore, with the company reportedly targeting a stock market listing in FY27. “Flipkart has received Government of India approva...

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India drives Nokia growth in Asia-Pacific

India has emerged as Nokia’s largest market in the Asia-Pacific region, with the Finnish Telecom equipment maker reporting revenue of €1.53 billion (Rs 16,250 crore) from the country in calendar year 2025, a 12% increase from €1.3...

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COMMERCIAL LAW

Govt invokes Essential Commodities Act to ensure natural gas supply, orders refineries to divert key streams

The central government on Tuesday invoked the Essential Commodities Act (EC Act) to ensure uninterrupted supply of domestic cooking gas amid the ongoing conflict in the Middle East that has disrupted the oil and gas supply. Acc...

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Insolvency

FinMin advises banks to speed up IBC resolutions

The finance ministry has advised banks to take a collaborative approach in the resolution of pending Insolvency and Bankruptcy Cases (IBC) for asset value maximisation, improving recoveries, and ensuring time-bound objectives. ...

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