March 18, 2026

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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

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

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INDIAN ECONOMY

Iran war impact to show on India GDP, inflation in risk to ‘Goldilocks’ economy

Surging crude oil prices and acute LPG shortage are rippling through the Indian economy as the Iran war drags on, disrupting industries and prompting analysts to cut growth forecasts while warning of rising inflation....

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India growth outlook dims as oil tops $100, gas crisis deepens

A war raging thousands of miles away is tightening its grip on India’s economy, as surging oil prices and acute gas shortages ripple from kitchens to factory floors, threatening growth and stoking fresh inflation fears. India — among the most exposed major economies to the West Asia crisis — imports about ...

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India's digital economy to account for 20% of GDP by 2030: MeitY Secy

India's digital economy is projected to account for nearly 20 per cent of the country's Gross Domestic Product (GDP) by 2030, driven by a growth rate that is double that of the broader economy, a senior government official said on Tuesday. Speaking at the Nasscom Global Confluence 2026, Ministry of Electro...

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Russian oil bound for China is diverted as India grabs more

A Russian oil-laden tanker that was bound for China has U-turned in the South China Sea, and is now hurrying to India after New Delhi began doubling down on imports from Moscow. The Aqua Titan is set to arrive in New Mangalore on March 21 with its Urals cargo that it loaded from a Baltic Sea port in late J...

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Fertiliser subsidy in FY27 could spike if conflict drags on

The government’s fertiliser subsidy outgo may see a substantial increase in FY27 if the West Asia conflict prolongs, leading to elevated global prices of soil nutrients, officials said. They said the fiscal impact of a possible hike in global prices of fertilisers may not be largely reflected in FY26 subsidy ...

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Economic hit from war could be ‘fairly significant’: CEA

Chief Economic Adviser V Anantha Nageswaran has cautioned that if crude oil prices spike and remain around $130 for a two to three quarers, it would have “fairly signifiant” impact on the Indian economy by dragging the Gross Domestic Product (GDP) growth down from 7.4% to 6.4% for 2026-27, while also pushing ...

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Saudi reroutes 16 mn barrels to India via Red Sea; Russian oil gains traction

Saudi Arabia has begun rerouting crude shipments to India via its Red Sea export hub at Yanbu as disruptions in the Strait of Hormuz force Gulf producers to redraw supply routes, with several tankers already heading to Indian ports. The shift reflects contingency planning by the world’s largest oil exporte...

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GLOBAL CORPORATE

Iran oil output, exports continue uninterrupted despite Kharg island strikes by US

Iran on Tuesday said that oil production and exports are continuing without interruption despite recent US airstrikes on Kharg Island, a spokesperson for the parliamentary energy commission told semi-official Tasnim news agency. The spokesperson said daily life on Kharg Island, Iran's main oil export hub, wa...

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Brazil to Cut Tariffs on Capital, Technology Goods in April Where There Is No Domestic Output

Brazil's government will automatically cut import tariffs in April on capital and technology goods affected by a duty hike earlier this year if companies claim there is no domestic production by the end of this month, a senior official said. "This initial process is automatic. A company that submits a requ...

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Exclusive-Amazon CEO Sees AI Doubling Prior AWS Sales Projections to $600 Billion by 2036

Amazon CEO Andy Jassy said during an internal all-hands meeting he expects artificial intelligence could help cloud computing unit Amazon Web Services achieve $600 billion in annual sales, double his own prior estimate. “I've been thinking for the last number of years that AWS, call it 10 years from now, c...

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Nvidia Sales Opportunity for Blackwell, Rubin Chips More Than $1 Trillion by 2027

Nvidia CEO Jensen Huang said on Tuesday at a press conference that the revenue opportunity for the company's Blackwell and Rubin artificial intelligence chips is "likely to be larger than $1 trillion" by the end of 2027. The estimate does not include the company's networking chips and the new processors made ...

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Trump's tariffs were supposed to help manufacturers, but instead they’re hurting them

Jay Allen is a fan of President Donald Trump, and voted for him on the belief that the Republican would cut taxes and trim regulations, helping his manufacturing business in northeast Arkansas. But the tariffs at the core of Trump's economic agenda have wreaked havoc on his company, Allen Engineering Corp....

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About 90 ships cross Strait of Hormuz as Iran exports millions of barrels of oil despite war

Hong Kong, Mar 18 (AP) About 90 ships including oil tankers have crossed the Strait of Hormuz since the outset of the war with Iran and it is still exporting millions of barrels of oil at a time when the waterway has been effectively closed, according to maritime and trade data platforms. Many of the vesse...

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INCOME TAX

Gurugram man gets Rs 9.8 crore discount on Rs 33 crore flat; Income Tax Dept treats it as income — how ITAT ruled

The Income Tax Appellate Tribunal (ITAT), Delhi, has delivered a significant ruling for property buyers and high-value real estate transactions, holding that a builder’s rebate or discount cannot automatically be treated as taxable income. The case involved Sh. Satya Prasan Rajguru vs DCIT (AY 2021–22), wh...

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Banking

RBI injects Rs 48,014 crore via 7-Day VRR auction as banking liquidity drops sharply after advance tax outflows

The Reserve Bank of India on Tuesday injected Rs 48,014 crore in transient liquidity into the banking system through a seven-day variable rate repo (VRR) auction. These funds were infused at a cut-off rate and weighted average rate of 5.26 per cent, the bank said in a statement. The liquidity injected was ...

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GLOBAL ECONOMY

US 'Transitory' Inflation Turns Five and Is Still a Big Brat

The worst U.S. inflation outbreak in a generation turns five years old this month, a defining economic shock that is still driving policy debates, influencing national politics, and frustrating Federal Reserve officials trying to ...

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Japan Manufacturers' Mood Hits 4-Year High, Middle East Risks Weigh Outlook: Reuters Poll

Japanese manufacturers' confidence improved to its highest level in over four years in March, buoyed by the chemicals and petroleum sectors and a recovery in the semiconductor market, the Reuters Tankan poll showed. However, co...

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Japan Exports Rise 4.2% in February From Year Earlier

Japanese exports rose 4.2% year-on-year in February, up for a sixth straight month, data from the Ministry of Finance showed on Wednesday. The result compared with a 1.6% increase expected by economists in a Reuters poll. Im...

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Australia's Treasury Forecasts Higher Inflation, Bigger GDP Hit From Iran War in New Analysis

New analysis from Australia's Treasury on Wednesday forecast higher inflation and a bigger economic hit from the ongoing conflict in the Middle East, that has unleashed a global oil shock and driven up commodity prices. The Tre...

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South African Inflation Slows to Central Bank Target in February

South Africa's annual inflation slowed in February, reaching the central bank's target of 3.0% down from 3.5% in January, official data showed on Wednesday. Economists polled by Reuters expected annual inflation would come it a...

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INDIAN CORPORATE

Parliamentary panel asks Department of Investment to finalise ‘Golden Share’ model to retain PSU control below 51% Govt stake

A parliamentary panel has asked the Department of Investment and Public Asset Management to finalise a clear legal strategy, incorporating a ‘golden share’ or indirect control model, to safeguard strategic autonomy in PSUs where s...

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NCLT approves Adani’s bid for JAL

The National Company Law Tribunal (NCLT), Allahabad bench, approved the resolution plan in the Jaiprakash Associates’ insolvency case submitted by Adani Enterprises on Tuesday. The approval, given orally during the tribunal’s ...

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Adani’s investment push to continue despite West Asia war

Adani Group will invest over Rs 2 lakh crore each year till 2030 across renewable energy, baseload power and transmission, forming the backbone of a broader infrastructure push spanning ports, airports, roads, cement and data cent...

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GST

HCs tighten scrutiny of GST enforcement actions amid due process concerns

High courts are increasingly tightening scrutiny over coercive goods and services tax (GST) enforcement measures like registration suspensions and bank account attachments, with tax experts saying the trend could push authorities towards greater procedural discipline. The Bombay High Court’s recent order in t...

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