March 16, 2026

Personalised for *|FNAME|*

Sign In | Forward to Friend

IMC has enhanced its digital systems to incorporate new online features. To explore these updated processes, please visit our website: https://www.imcnet.org

IMC EVENTS

NOTICE

Notifications

 
CUSTOMS

16
Mar

Circular No. 11/2026 (Delhi)
Facilitation in import of pet dogs and pet cats along with stranded Indians in war-hit Middle East countries - regarding.

16
Mar

Notification No. 25/2026 (Delhi)
S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962

12
Mar

Circular No. 09/2026 (Delhi)
Return of export cargo from international waters due to closure of the Strait of Hormuz – Section 143AA of the Customs Act, 1962 – reg.

12
Mar

Circular No. 10/2026 (Delhi)
Levy of fee for amendment or cancellation of export documents in cases of withdrawal of export consignments due to force majeure circumstances - Section 143AA of the Customs Act, 1962-reg.

INCOME TAX

16
Mar

Notification No. 17/2026 (Delhi)
S.O. 571(E).—In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961

RBI

13
Mar

RBI/2025-26/231 (Delhi)
Reserve Bank of India (Asset Reconstruction Companies) Amendment Directions, 2026

13
Mar

RBI/DOR/2025-26/237 (Delhi)
Reserve Bank of India (Local Area Banks – Prudential Norms on Declaration of Dividends) Repeal Directions, 2026

13
Mar

RBI/2025-26/238 (Delhi)
Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Third Amendment Directions, 2026

13
Mar

RBI/2025-26/239 (Delhi)
Reserve Bank of India (Small Finance Banks - Prudential Norms on Capital Adequacy) Third Amendment Directions, 2026

13
Mar

RBI/2025-26/240 (Delhi)
Reserve Bank of India (Payments Banks - Prudential Norms on Capital Adequacy) Amendment Directions, 2026

13
Mar

RBI/2025-26/232 (Delhi)
Reserve Bank of India (Standalone Primary Dealers) Amendment Directions, 2026

13
Mar

RBI/DOR/2025-26/233 (Delhi)
Reserve Bank of India (Setting Up of Wholly Owned Subsidiaries by Foreign Banks) Amendment Guidelines, 2026

13
Mar

RBI/DOR/2025-26/236 (Delhi)
Reserve Bank of India (Payment Banks – Prudential Norms on Declaration of Dividends) Repeal Directions, 2026

13
Mar

RBI/2025-26/241 (Delhi)
Reserve Bank of India (All India Financial Institutions (AIFIs) - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026

13
Mar

RBI/2025-26/242 (Delhi)
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1988 (2011) Taliban Sanctions List: Amendment of 22 Entries: UAPA Update 02 of 2026

13
Mar

RBI/DOR/2025-26/235 (Delhi)
Reserve Bank of India (Small Finance Banks – Prudential Norms on Declaration of Dividends) Repeal Directions, 2026

13
Mar

RBI/DOR/2025-26/234 (Delhi)
Reserve Bank of India (Commercial Banks – Prudential Norms on Declaration of Dividend and Remittance of Profit) Repeal Directions, 2026

12
Mar

RBI/2025-26/230 (Delhi)
Reserve Bank of India (Mortgage Guarantee Companies) Amendment Directions, 2026

12
Mar

RBI/2025-26/228 (Delhi)
Reserve Bank of India (Housing Finance Companies) Amendment Directions, 2026

12
Mar

RBI/2025-26/226 (Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026

12
Mar

RBI/2025-26/227 (Delhi)
Reserve Bank of India (Non-Banking Financial Companies - Concentration Risk Management) Second Amendment Directions, 2026

12
Mar

RBI/2025-26/229 (Delhi)
Reserve Bank of India (Core Investment Companies) Amendment Directions, 2026

You will be redirected on the external link. You will be redirected on IMC online membership renewal page
Click for BILATERAL TRADE ENQUIRIES

LIVE MARKET

NSE (NIFTY)

0

BSE (SENSEX)

0

NASDAQ

0

FTSE 100

0

USD

0

EURO

0

GBP

0

GOLD

0

SILVER

0

INDIAN ECONOMY

Huawei may be planning return to India as tablet teaser appears on Flipkart

Huawei, the popular Chinese consumer technology brand, is reportedly planning a return in India. A Huawei teaser was reportedly spotted on Flipkart that mentions “Coming Soon only on Flipkart.” With the return, Huawei is expected to launch its tablet, the MatePad 11.5, in India, which is available in the glob...

Read More

India's trade deficit narrows on month to $27.1 billion in Feb; Tariff uncertainty, Iran conflict loom

India’s merchandise trade deficit widened to $27.10 billion in February 2026, compared with $14.42 billion in the same month last year, with exports at $36.61 billion and imports at $63.71 billion, according to commerce ministry data released Monday. Economists had projected India’s February trade deficit ...

Read More

West Asia conflict disrupts shipping, hits Indian exports

The conflict in West Asia has severely disrupted global shipping, reducing capacity on key routes to Europe and the US to 30-35% of normal levels, putting both exports and imports under pressure, according to industry officials. Stranded ships and tankers in West Asia, coupled with the sudden rerouting of ...

Read More

US Section 301 probe may put pressure on China supply chains, flags risk for India: GTRI

A second trade investigation launched by the US into alleged forced labour practices across 60 economies, including India and China, is expected to place particular scrutiny on Beijing amid allegations of forced labour in the Xinjiang region, think tank GTRI said on Sunday. India’s exports of solar panels,...

Read More

February Wholesale Inflation climbs to 2.13%; metals, food push prices

India’s wholesale price inflation rose to 2.13% in February from 1.81% reported in January. According to data released by the Ministry of Commerce, the rise in wholesale inflation in February mainly came from higher prices of other manufacturing, basic metals, non-food articles, food articles, and textiles. ...

Read More

MARKET & FINANCE

FPIs pull out Rs 52,704cr, D-St to take cue from war

Foreign investors withdrew Rs 52,704 crore (around $5.7 billion) from domestic equities in the first fortnight of March, amid escalating tensions in West Asia, the depreciation of the rupee, and concerns over the impact of high crude oil prices on India’s growth and corporate earnings. The latest selloff come...

Read More

GLOBAL CORPORATE

Malaysia exits US reciprocal trade deal after Supreme Court ruling

Malaysia has withdrawn from a trade agreement with the United States, becoming the first country to abandon a pact negotiated under Washington’s reciprocal tariff strategy after a court ruling removed the legal basis for the policy. On March 15, Malaysia’s Minister of Investment, Trade and Industry Johari ...

Read More

Japan, South Korea Ready to Act Against FX Volatility, Ministers Say

Japan and South Korea expressed concern on Saturday about the rapid declines in their currencies, saying they were ready to act against excessive foreign-exchange volatility. Finance Ministers Satsuki Katayama of Japan and Koo Yun-cheol of South Korea "expressed serious concern over the recent sharp deprec...

Read More

Asia-Pacific Allies Ink $57 Billion in Deals With US Companies, Burgum Says

Asia-Pacific allies agreed to $57 billion in 22 deals with American companies during this weekend's Indo-Pacific Energy Security Forum in Tokyo, U.S. Interior Secretary Doug Burgum said on Sunday. In an interview on Fox News Channel's "Sunday Morning Futures," Burgum also said Japan is interested in buyin...

Read More

Exclusive-China’s No. 2 Chipmaker Readies 7 Nm Production as Beijing Ramps up Self-Suffiency Drive

China's Hua Hong Group has developed advanced chip manufacturing technologies that can be used to produce artificial intelligence chips, four people familiar with the matter said, a major milestone in Beijing's efforts to boost tech self-sufficiency. The group's contract chipmaking business, Huali Microele...

Read More

Foxconn's Profit Lags Estimates as It Forecasts Strong Revenue Growth

Taiwan's Foxconn, the world's largest contract electronics maker, said on Monday it expected strong revenue growth in the first quarter and the whole of this year, even as it posted a fall of 2% in quarterly profit, lagging estimates. The technology giant, Nvidia's biggest server maker and Apple's top iPho...

Read More

Saudi Arabia gives oil buyers Red Sea option due to crisis in Strait of Hormuz

Saudi Arabia is giving long-term oil customers the option of receiving their allocations for April via the Red Sea port of Yanbu as it prepares for lengthy disruptions in the Strait of Hormuz. Buyers who choose Yanbu will only get a portion of their monthly supply due to constraints on how much crude the p...

Read More

Trump vows to bring back tariffs ‘in another form’ after Supreme Court blow

Roughly a month after the US Supreme Court struck down President Donald Trump's "reciprocal tariffs," the Republican leader said yet again on Monday that he would move forward with imposing tariffs “in another form." "The decision that mattered most to me was TARIFFS! The Court knew where I stood, how badl...

Read More

INCOME TAX

Income Tax Department asks taxpayers to ignore erroneous advance tax payment nudge campaign emails highlighting 'significant transactions'

Since yesterday many chartered accountants and taxpayers are saying that taxpayers, including individuals, have been getting nudge emails from the income tax department about advance tax. The nudge email mentions that the Income Tax Department has reason to believe that the taxpayer's advance tax payment doe...

Read More

Taxpayer sells one house and buys 7 flats with capital gains. Tax dept denies benefit — here’s what ITAT rules

In a significant ruling that could influence how capital gains tax exemptions are interpreted, the Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that multiple adjacent residential units can be treated as a single “residential house” for claiming exemption under Section 54 of the Income-tax ...

Read More

RBI

RBI's likely to raise liquidity to keep 'short' rates in check

India's central bank is likely to boost liquidity ahead of the fiscal year end, economists said, as it seeks to restrain short-term rates from spiking and offset the impact of its currency-market interventions that sought to arrest the rupee's precipitous slide since the start of the Iran war. The Reserve ...

Read More

Banking

Microfinance lenders now give bigger loans to existing borrowers

India's microfinance market is migrating to higher value loans highlighting a structural transformation in ticket size composition as lenders now keen to lend more to existing borrowers with a good repayment record, according to a fresh set of microfinance data released Monday. The average ticket size has ...

Read More

GLOBAL ECONOMY

China's Industrial Output, Retail Sales Growth Beat Expectations in January-February

China's industrial output grew 6.3% in January-February from the same period a year earlier, accelerating from the 5.2% pace in December, official data showed on Monday. The data released by the National Bureau of Statistics (N...

Read More

Bank of England to Play for Time as War Brings Inflation Heat

The Bank of England will choose its words even more carefully than usual this week alongside its expected decision to delay an interest rate cut in the face of inflation risks from the war in the Middle East. Still stung by cri...

Read More

Oil price surge could lift global inflation by 60 bps, trim 2026 growth: Gita Gopinath

A sharp rise in crude oil prices could push global inflation higher and slow down global economic growth in 2026, according to Gita Gopinath, former Chief Economist of the International Monetary Fund (IMF). Reacting to the rece...

Read More

INDIAN CORPORATE

Hindalco expects rise in exports as war disrupts aluminium supply

Hindalco Industries expects its aluminium exports to accelerate as the Gulf war has severely impacted producers of the commodity in the region. Satish Pai, managing director, Hindalco, told ET the company would be shipping additio...

Read More

JSW Steel to develop coking coal mine in Mozambique

JSW Steel has announced the development of a coking coal mining project in Mozambique, marking a key step in its efforts to secure long-term raw material supplies for its steelmaking operations. The project, called Minas de Revubo...

Read More

GAIL lines up fresh LNG and Rs 10,000-crore pipeline push

GAIL (India) is stepping up long-term LNG sourcing and preparing to invest around Rs 10,000 crore annually in pipeline infrastructure, positioning itself for a sharp rise in India’s natural gas demand over the next five years. ...

Read More

GST

Advisory on the Payment of pre-deposit while filing of appeal before First Appellate authority

Please click on the link below to view the Advisory on the Payment of pre-deposit while filing of appeal before First Appellate authority....

Read More

IMC Chamber of Commerce and Industry has sent this e-mail to you because your subscription preferences indicate that you want to receive latest news alerts on this email ID. For suggestions and feedback news alerts on this email ID. For suggestions and feedback click here .

Head Office :
IMC Bldg., IMC Marg, Churchgate, Mumbai - 400 020 India
Tel : 91-22-71226633

E-Mail : imc@imcnet.org
Website : www.imcnet.org