March 08, 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

'Won’t repeat China mistake with India': US Deputy Secretary Landau says trade deal will keep ‘America First’

The United States will ensure that any trade agreement with India prioritises American interests, US Deputy Secretary of State Christopher Landau said on Thursday, signalling a more guarded approach to economic ties even as both countries push toward a bilateral deal. Speaking at the Raisina Dialogue in Ne...

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India says it needs to build resource buffers, reprioritise fiscal spending

The conflict in the Middle East has underscored the importance of natural resource buffers, and fiscal resources have to be reprioritised in coming years, the Indian government said in its monthly economic report. India is vulnerable to energy supply shocks, with crude oil stocks covering only about 25 day...

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Government formalising measures to support exporters: Piyush Goyal

The government will be formalising some measures using the components of the Export Promotion Mission (EPM) and other policy tools to give comfort to exporters that are facing problems due to the conflict in West Asia, Commerce and Industry Minister Piyush Goyal said Friday. “Every day the inter-ministeria...

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Economic implications for India significant, may be longer-lasting: Finance Ministry

The escalating conflict in West Asia could have “significant” economic repercussions for India if it persists, the Finance Ministry said on Friday. Prolonged tensions may widen the current account deficit, weaken the rupee amid risk-averse capital flows, and raise inflation, while liquefied natural gas (LNG) ...

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25.5 billion pound agreement with India: UK’s focus has ‘decisively shifted’ to execution of trade pact

As the parliamentary ratification process gathers momentum, the UK said its focus has “decisively shifted” from signing to delivery of the Free Trade Agreement (FTA) with India which is predicted to boost bilateral trade by 25.5 billion pounds by 2040. During a debate entitled ‘UK-India: Comprehensive Econ...

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MARKET & FINANCE

India's forex reserves up by $4.88 bn to record high of $728.5 bn for week ending Feb 27

India's foreign exchange reserves went up by $4.88 billion to reach record high of $728.5 billion in the week ending February 27, latest data released by the Reserve Bank of India (RBI) showed on Friday. For the week ended February 20, foreign currency assets, a major component of the reserves, increased b...

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No inheritance for mother under Indian Succession Act if son dies without creating a Will and is survived by his wife and children

The High Court of Karnataka ruled on February 2, 2026, that under Sections 32 and 33 of the Indian Succession Act, 1925, a mother cannot inherit her deceased son's assets if he died intestate (without a Will) and is survived by a widow and lineal descendants (children). As the son was a Christian, the Indian ...

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Indian billionaires lead Chinese peers in average wealth

India’s billionaire club saw 57 new entrants this year, with their total rising to 308 and making the country the third-largest home to billionaires globally after China and the US, according to the Hurun Global Rich List 2026, released on Friday. The surge in new entrants reflects the widening base of wea...

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Not tech or retail – The sector minting most billionaires globally is financial services

The financial services industry has emerged as the world’s biggest billionaire factory. According to the Hurun Global Rich List 2026, financial services are the largest source of billionaire wealth globally. The sector accounts for 9.9% of all billionaires globally while also contributing 10.6% of cumulati...

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GLOBAL CORPORATE

Govt asks ports to allow storage of Middle East-bound cargoes, consider charge waivers

The Ministry of Shipping, Ports and Waterways has asked ports to allow temporary storage of Middle East-bound cargo as transhipment, and consider waivers or reductions in port charges during the crisis period. The Director General of Shipping, India’s statutory maritime authority, will hold a meeting with sh...

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Fast Fashion Garments Pile up in South Asia as Middle East Conflict Grounds Planes

Shipments of garments for Zara owner Inditex and other major clothing retailers are stranded at airports in Bangladesh and India, according to three manufacturers, as the conflict in the Middle East forces airlines such as Emirates and Qatar Airways to cancel flights. South Asia is a clothes manufacturing ...

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US Private Credit Defaults Hit Record 9.2% in 2025, Fitch Says

The default rate among U.S. corporate borrowers of private credit rose to a record 9.2% in 2025, according to a report Friday by credit rating agency Fitch Ratings. In its monitor of 302 companies with outstanding private credit debt, Fitch recorded 38 defaults among 28 different borrowers. The 9.2% defaul...

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Boeing Close to 500-Jet Order Ahead of Trump-Xi Summit, Bloomberg News Reports

Boeing is close to landing its first major aircraft order from China in nearly a decade, Bloomberg News reported on Friday, citing people familiar with the matter. The company is negotiating an order for up to 500 737 MAX jets to be unveiled when U.S. President Donald Trump travels to Beijing for his first...

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Japan, France, Canada Work on Alternatives to US-Led Trade Bloc for Rare Earth Supplies

Group of Seven members Japan, France and Canada are working on alternatives to a U.S.-led trade bloc to secure critical minerals and reduce reliance on China, according to three senior officials from these countries. Some options include import quotas on certain rare earths, subsidies for mining companies ...

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Iran Conflict Boosts U.S. Gulf Oil Prices to Highest Since 2020

U.S. Gulf Coast heavy grades continued to surge on Friday as the Iran conflict spurred several Middle Eastern producers of heavy crude to curtail production and drove buyers to scoop up U.S. barrels. Prices of Mars sour crude, the flagship crude produced in the U.S. Gulf of Mexico and favored by refiners...

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Japan Asked US Not to Disadvantage Tokyo Under New Tariff Rules

Japan has sought assurances from the U.S. that Tokyo will not be put at a disadvantage under Washington's latest tariff measures, urging that a potential 15% tariff not be applied to Japanese goods, its trade minister said on Friday. Minister of Economy, Trade and Industry Ryosei Akazawa said he made the r...

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US to reinsure maritime losses in Gulf up to about $20 billion, agency says

The U.S. will provide reinsurance for losses up to $20 billion in the Gulf region, to help provide confidence for oil and gas shippers during the war on Iran, the U.S. International Development Finance Corporation said on Friday. President Donald Trump on Tuesday ordered the DFC to provide political risk i...

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US Treasury secretary hints at lifting more Russian oil sanctions post India move

US Treasury Secretary Scott Bessent on Friday said his government was considering lifting sanctions on more Russian oil, a day after it temporarily authorized India to buy from Moscow amid a surge in global oil prices. The US-Israel war on Iran and Tehran's retaliatory attacks across the Gulf region have u...

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INCOME TAX

Second thoughts after Rs 133 crore? ITAT says no

When 133 cr is involved, second thoughts are inevitable. But the I-T Appellate Tribunal's (ITAT) Delhi bench has reminded the tax administration that Sec 263 of I-T Act is not a statutory licence for second thoughts, especially when they arise after a completed scrutiny assessment. Last month, in an order ...

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Man sold land for Rs 3.21 crore, denied tax relief under Section 54F: Why ITAT Pune allowed full tax exemption

The Income Tax Appellate Tribunal (ITAT) Pune on February 19, 2026 gave full tax exemption to Mr Gugale from Baramati, Pune after he sold his land for Rs 3.21 and used this money to buy a house. He had to go and file a case in ITAT Pune as the Income Tax Department had initially denied his tax exemption clai...

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Banking

Banks cut microfinance book drastically, loan share plunges 33.6% in Q3

With the bad loan trouble continuing to linger, the share of the microfinance pie has steeply declined, led by banks, which saw their share plunging by 33.6% in Q3. They were followed by small finance banks whose share fell by 12%, MFIs by 11.9%, and non-banks by 9.7%, pulling down the overall industry loan b...

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Rising loan yields, easing deposit costs may aid bank margins

Higher rates on fresh loans and moderation in deposit costs are likely to bring some relief for banks on the profitability front, as these will help stabilise margins after several quarters of pressure. However, analysts said the extent of margin improvement would depend on how quickly deposit costs adjust...

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GLOBAL ECONOMY

US jobs report: Economy loses 92,000 jobs in February as unemployment ticks up to 4.4%

The US economy unexpectedly shed jobs in February, marking a sharp reversal from the previous month and raising fresh concerns about the strength of the labour market. Data released by the US Labor Department on Friday showed the...

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ADB Sees Modest Growth Impact on Asia if Middle East Conflict Lasts About a Month

The Asian Development Bank's chief economist said on Friday that if the Middle East conflict and closure of the Strait of Hormuz last only about a month, as some U.S. projections suggest, the impact on growth in developing Asia wo...

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Wealthy Moscow Cuts Investment, Revealing Russia's Deeper Budget Problems

The city of Moscow, Russia's wealthiest federal unit, will cut its large investment programme for the first time since the COVID-19 pandemic, a sign of deteriorating regional finances in the fifth year of the conflict in Ukraine. ...

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China to Boost Spending to Meet Growth Target Amid Rising Global Uncertainty

China will boost spending in major infrastructure and public services to help meet this year's economic growth target, government officials said on Friday, as the U.S.-Israeli war on Iran adds to global uncertainty. Beijing on...

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Safe-Haven Franc Bounces as Iran War Rages, Dollar Down After Payrolls Drop

The safe-haven Swiss franc rallied across the board on Friday as the escalation of the Middle East conflict spurred a flight to safety, while the U.S. dollar slipped in choppy trading after data showed an unexpected drop in new jo...

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Venezuelan Inflation at 14.6% in February, Central Bank Says

Venezuelan inflation was 14.6% in February, down from 32.6% registered the prior month, its central bank reported on Friday. Adding February's data, annualized inflation stood at 617.9%, according to Reuters calculations based ...

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Canada's Ivey PMI Rises to 5-Month High in February

Canadian economic activity expanded at a faster pace in February as inventories climbed, Ivey Purchasing Managers Index (PMI) data showed on Friday. The seasonally adjusted index rose to 56.6 last month from 50.9 in January, po...

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$166bn tariff refunds delayed? Trump admin secures relief from US court’s ‘immediate compliance’ order

The US Court of International Trade offered temporary relief to the Donald Trump administration on Friday (US time) by suspending a previous order that pressed US Customs and Border Protection (CBP) “to the extent that it directs ...

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INDIAN CORPORATE

Hurun Global Rich List 2026 Highlights: India ranks third with 308 billionaires; Adani net worth drops 14%; full list of winners and losers

India is now home to 308 billionaires, ranking third globally after China and the United States, according to the Hurun Global Rich List 2026. Globally, the number of billionaires crossed the 4,000 mark for the first time, reachin...

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Reliance-Fazer Deal: Mukesh Ambani’s FMCG arm to bring Finnish premium chocolates to 3 million Indian stores

Reliance Industries‘ FMCG arm, Reliance Consumer Products, has signed a Memorandum of Understanding (MoU) with Finland-based food company Fazer for market and distribution of the latter’s chocolates and confectionery products in ...

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SEBI

Your mutual funds can now be locked: Sebi introduces debit freeze feature for investors

India's mutual fund investors will now be able to add an extra layer of protection to their investments. Capital markets regulator Sebi has introduced a voluntary lock-in or debit freeze facility that allows investors to temporari...

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