April 02, 2026

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IMC EVENTS

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4
Apr

ECAMEX26

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Notifications

 
CUSTOMS

1
Apr

Notification No. 34/2026 (Delhi)
G.S.R…. (E).- In exercise of the powers conferred by section 157 read with section 84 of the Customs Act, 1962

1
Apr

Notification No. 32/2026 (Delhi)
S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962

1
Apr

Notification No. 33/2026 (Delhi)
G.S.R…. (E).- In exercise of the powers conferred by section 157 read with section 84 of the Customs Act, 1962

1
Apr

Circular No. 18/2026 (Delhi)
Assessment of Bills of Entry filed for goods manufactured by SEZ units and cleared to Domestic Tariff Area (DTA) under concessional rate – reg.

1
Apr

Circular No. 17/2026 (Delhi)
Enabling Ease of Doing Business for E-commerce and Courier- Reg.

1
Apr

Notification No. 31/2026 (Delhi)
G.S.R. .... (E).- ln exercise of the powers conferred by section 157, read with sections 30, 30A, 41, 41A, 53, 54, 56, sub-section (3) of section 98 and sub-section (2) of section 158 of the Customs

1
Apr

Circular No. 16/2026 (Delhi)
Implementation of the Sea Cargo Manifest and Transhipment Regulations (SCMTR)}-reg.

30
Mar

Circular No. 15/2026 (Delhi)
International Tran shipment of FCULCL cargo from all Ports/Airports, in view of disruption in maritime routes due to closure of the Strait of Hormuz Section 143AA of the Customs Act, 1962- reg.

30
Mar

Circular No 14/2026 (Delhi)
Clarification regarding validity period for self-sealing permission to exporters under Circular No. 26/2017-Customs and Circular No.36/2017-Customs.

INCOME TAX

1
Apr

Notification No. 22/2026 (Delhi)
G.S.R. 198(E).—In exercise of powers conferred by section 533 of the Income-tax Act, 2025 (30 of 2025), the Central Board of Direct Taxes hereby makes the following rules, namely:–

1
Apr

Notification No. 23/2026 (Delhi)
S.O. 1490(E).— In exercise of the powers conferred by clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961

1
Apr

Notification No. 24/2026 (Delhi)
S.O. 1491(E).— In exercise of the powers conferred by clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961

1
Apr

Circular No. 01/2026 (Delhi)
Clarification regarding power to condone delay in filing Form No. 10A under sub-clause (I) clause (ac) of sub-section (1) of section 12A of the Income Tax Act, 1961 - reg.

1
Apr

Circular No. 03/2026 (Delhi)
Notification of Sovereign Wealth Fund under Schedule V [Table: SI. No. 7.Note S(a)(ii)(G)] of the Income-tax Act, 2025-reg.

1
Apr

Circular No. 02/2026 (Delhi)
Order under section 119 of the Income-tax Act, 1961 for extension of timeline for issuance of tax deducted at source (TDS) certificate under.section 203 of the Act for the quarter ending 31st Decemb

1
Apr

Notification No. 25/2026 (Delhi)
S.O. 1532(E).—In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961

1
Apr

Notification No. 26/2026 (Delhi)
S.O. 1533(E).—In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961

1
Apr

Notification No. 27/2026 (Delhi)
S.0. 1534(E).—In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961

1
Apr

Circular No. 04/2026 (Delhi)
Referencing by Document Identification Number (DIN) reg.

31
Mar

ITR filing 2026: Government releases ITR forms for AY 2026-27; check details of ITR-U and ITR-V (Delhi)
The Income Tax (1-T) Department has notified new Income Tax Return (ITR) forms along with the updated ITR-U (updated ITR) form and the ITR-V (ITR verification) form for the assessment year 2026-27.

RBI

1
Apr

RBI/2025-26/253 (Delhi)
Reporting under Foreign Exchange Management Act, 1999 – Returns pertaining to External Commercial Borrowing (ECB)

1
Apr

RBI/2025-26/256 (Delhi)
Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026 (Revised)

1
Apr

RBI/2025-26/257 (Delhi)
Reserve Bank of India (Commercial Banks – Financial Statements: Presentation and Disclosures) – Third Amendment Directions, 2026 (Revised)

1
Apr

RBI/2025-26/258 (Delhi)
Reserve Bank of India (Commercial Banks – Undertaking of Financial Services) – Amendment Directions, 2026 (Revised)

1
Apr

RBI/2025-26/263 (Delhi)
Reserve Bank of India (Trade Relief Measures) Directions, 2026

1
Apr

RBI/2025-26/264 (Delhi)
Formation of new district in the State of Goa – Assignment of Lead Bank Responsibility

1
Apr

RBI/2025-26/255 (Delhi)
Reserve Bank of India (Commercial Banks - Concentration Risk Management) Amendment Directions, 2026 (Revised)

1
Apr

RBI/2025-26/259 (Delhi)
Reserve Bank of India (Small Finance Banks – Credit Facilities) Amendment Directions, 2026 (Revised)

1
Apr

RBI/2025-26/260 (Delhi)
Reserve Bank of India (Small Finance Banks - Concentration Risk Management) Amendment Directions, 2026 - (Revised)

1
Apr

RBI/2025-26/261 (Delhi)
Reserve Bank of India (Small Finance Banks - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026 (Revised)

1
Apr

RBI/2025-26/262 (Delhi)
Reserve Bank of India (Small Finance Banks – Financial Statements: Presentation and Disclosures) – Second Amendment Directions, 2026 (Revised)

30
Mar

RBI/2025-26/252 (Delhi)
NOP-INR position of Authorised Dealers

30
Mar

RBI/2025-26/251 (Delhi)
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Listing of 02 Entries

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INDIAN ECONOMY

India allows export zones to sell locally as trade strains grow

India will allow factories in export-focused zones to sell goods domestically at lower import duties, according to a government order, as conflict in the Middle East disrupts trade. The measure was announced in the February budget to shield exporters from higher U.S. tariffs, but analysts say it has gained...

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India’s crude imports fall 15% in March; Gulf share shrinks as Russia surges

India’s crude oil imports fell nearly 15% month-on-month in March to 4,444 thousand barrels per day (tbpd) from 5,202 tbpd in February, as disruptions in the Strait of Hormuz sharply altered sourcing patterns, with Gulf suppliers losing share and Russia emerging as the dominant contributor. Great Rebound ...

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India has adequate crude supply for two months, no fuel shortage: Govt

The Centre on Wednesday once again reiterated that India has “sufficient crude oil reserves” and there is no immediate concern regarding fuel availability. The reiteration came amid concerns in the country as global oil prices remain volatile due to the US-Israel war on Iran. Addressing the situation, Suja...

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March PMI: India’s manufacturing growth slides close to 4-year lows amid rising costs due to Iran War

India’s manufacturing activity slowed in March to 53.9, the weakest improvement in nearly four years, as rising costs and global uncertainties weighed on demand, according to the HSBC Purchasing Managers’ Index (PMI) data. “Indian manufacturers signalled a decline in outstanding business volumes for the fi...

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MARKET & FINANCE

West Asia conflict hits PE-VC funding in Q1 of CY2026

The ongoing West Asia conflict has become a contributing factor in stemming the growth of private equity and venture capital (PE-VC) investments in India. PE-VC investments plunged 22% in the first quarter (Jan–March) of the current calendar year (CY2026) to $9.1 billion, compared with $11.7 billion during t...

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JGB yields jump as Trump says US to continue Iran war

Japanese government bond yields jumped on Thursday, after U.S. President Donald Trump dashed hopes for a swift end to the Middle East war, hurting the outcome of the auction for benchmark 10-year bonds. The 10-year JGB yield jumped 9 basis points (bps) to 2.39%, matching its highest level since February 19...

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India bonds fall before first FY27 debt sale as war keeps oil high

Indian government bonds fell on the fiscal year's first trading day, pushing the 10-year yield toward a twelfth straight rise as oil climbed after President Donald Trump said attacks on Iran would continue, with traders cautious ahead of a debt sale. Trump said that Washington would continue to hit targets...

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GLOBAL CORPORATE

Iraq's oil hub slows to a crawl as Strait of Hormuz shutdown strangles exports

Iraqi oil fields once alive with the buzz of workers are nearly deserted. Ports that pulsed with the churn of cargo have fallen still, the din of commerce replaced by the soft rhythm of waves. A month after the war in Iran started, workers at ports and oil fields in the province of Basra, where almost all ...

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Automakers Plan Billions in US Investments but Seek Clear Trade Rules

Global automakers plan billions of dollars in new U.S. investments to boost production and avoid President Donald Trump's tariffs, but they are awaiting clarity on the status of a North American free trade agreement and future vehicle duties. The auto industry has urged the Trump administration to extend t...

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O(h)il! Saudi March crude exports halve on-month

Saudi Arabia's crude oil exports fell by half in March after Iran effectively prevented tankers from leaving the Persian Gulf, forcing the kingdom to reroute flows to its west coast. Shipments averaged 3.33 million barrels a day during the month, tanker tracking data show. The drop would have been much big...

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SpaceX files for IPO confidentially, eyes $1.75 trillion valuation: Report

SpaceX may soon lead the largest stock market listing on record with an IPO valuation of more than $1.75 trillion. The Elon Musk-led company had merged with his artificial intelligence startup xAI earlier this year — valuing the rocket company at $1 trillion and the developer of the Grok chatbot at $250 billi...

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Trump planning 25% tariff on steel, aluminium goods to simplify import rules – Will India be affected?

The Trump administration is reportedly gearing up to bring in a new rule on imports, this time focusing on products made using steel and aluminium. According to a report by The Wall Street Journal, the US could soon set a 25% tariff on finished goods that contain imported steel and aluminium. The move may be ...

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INCOME TAX

CBDT issues new circular simplifying DIN referencing in income tax communications

The Central Board of Direct Taxes (CBDT) on Tuesday issued updated guidelines for referencing computer-generated Document Identification Numbers (DIN) in income-tax communications. It states that any correspondence such as notices, letters, orders, draft orders, or summons issued by income-tax authorities to ...

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RBI

RBI tightens forex norms again

Just days after it clamped down on banks’ local currency limits, the Reserve Bank of India (RBI) on Wednesday stepped up efforts to curb speculation against the battered rupee, restricting lenders from offering certain offshore foreign exchange derivative contracts. The central bank barred authorised deal...

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Banking

Credit ratio moderates in H2FY26 amid geopolitical challenges

Rating agencies – Crisil, India Ratings and CareEdge – reported a moderation in their credit ratios during the second half of FY26, signaling rising stress. A credit ratio measures the proportion of rating upgrades to downgrades. Tide Turns CareEdge said that its credit stood at 1.93 times in H2FY26, low...

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March UPI transaction value hits record high of Rs 29.53 lakh crore

Unified Payments Interface (UPI) processed record high transactions worth Rs 29.53 lakh crore in March, up 10% from the previous month, according to data released on Wednesday by the National Payments Corporation of India. The volume grew 11% to 22.64 billion, from 20.39 billion in February. The daily aver...

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GLOBAL ECONOMY

US retail sales rise 0.6% in February; Iran war fuel spike threatens consumer spending outlook

US retail sales rose 0.6 per cent in February after a slight decline in January, signalling cautious consumer activity even before a sharp surge in fuel prices triggered by the Iran war, according to AP. Data released by the Comm...

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Iran War Knocks UK Business Confidence, Survey Shows

British business confidence has fallen as the Iran war exacerbates worries among employers about costs, according to a survey of accountants that chimed with similar concerns from other groups since the start of the U.S.-Israeli a...

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South Korea March Inflation Undershoots Forecasts but Risks Skewed Higher

South Korea's inflation picked up less than expected in March as the government capped fuel prices, but policymakers and economists warned that risks remain tilted to the upside with oil prices surging past $100 a barrel driven by...

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Vietnam's Infrastructure Push to Boost Growth and Deficit, S&P Ratings Says

Vietnam is forecast to remain Asia's fastest-growing nation after India through 2028, supported by exports and infrastructure investments, although heavy public spending may lead to larger fiscal deficits, a senior S&P Ratings off...

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Global Central Banks Mostly on Hold as War Muddies Economic Outlook

Major central banks pointed to uncertainty linked to the war in the Middle East as they largely kept interest rates steady in March, with concerns over higher inflation and weaker growth clouding the global economic outlook. Po...

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BOJ May Be Overlooking Real Risk From Iran War, Says Ex-Central Bank Official

Japan's economy may face supply shocks and slumping demand from the Iran war, a risk the central bank may be overlooking by focusing on inflationary pressures, former central bank official Nobuyasu Atago said on Thursday. A sle...

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Swiss Inflation Rises at Highest Rate in a Year as Fuel Prices Increases

Swiss inflation rose to its highest level in a year in March, government data showed on Thursday, as the country absorbed higher fuel costs triggered by the conflict in the Middle East. Consumer prices rose by 0.3% last month, ...

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INDIAN CORPORATE

Bata to step up India growth, double turnover in 5 yrs

It's been a little over six months into the corner office for Bata Group CEO Panos Mytaros and he is already on his second visit to India the Czech Republic born and Switzerland headquartered footwear giant's biggest market globa...

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Hinduja Group signals fresh deal appetite with core sectors bet

Hinduja Group seeks to evaluate acquisition opportunities across automotive, financial services, lubricants and specialty chemicals, energy, and digital solutions, as the conglomerate signals a renewed deal appetite over a tighter...

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Adani Green adds 5GW capacity in FY26

Adani Green Energy (AGEL) added over 5 GW (5,051 MW) of renewable energy capacity in FY 26, taking its total operational portfolio to 19.3 gigawatt (GW). The company claimed it is the highest greenfield annual capacity expansion g...

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