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    WTO MC: Members intensify talks on e-commerce duty moratorium extension at Yaounde
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March 29, 2026
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E-commerce customs duty moratorium extension faces split views as members debate digital trade and revenue implications.
World Trade Organisation members are negotiating whether to extend the moratorium on customs duties on electronic transmissions, including digital downloads and streaming, as the current extension is due to expire. Members remain divided on the duration of any further extension, with some opposing renewal or preferring a short extension and others seeking a longer period. The issue is linked to ongoing concerns over the treatment of digital imports and the scope of the duty ban that has been periodically renewed since 1998.
March 29, 2026
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Misdeclared import consignment leads to seizure of hydroponic marijuana at airport and arrest of one person.
Customs authorities at Pune International Airport seized a consignment of hydroponic marijuana that had been declared as food items and packed in boxes labelled as "Mandarin orange sacs". The goods arrived from Bangkok, and inspection revealed sealed tin cans containing a vacuum-sealed pack of hydroponic marijuana. The entire consignment yielded 76.58 kg of the contraband, and one person was arrested in connection with the seizure.
March 29, 2026
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Trade agreement negotiations advance as India discusses Canada, UK, EU and New Zealand economic cooperation priorities.
India and Canada discussed expediting negotiations for a comprehensive economic partnership agreement, alongside cooperation in high-tech sectors, clean energy transition, nuclear energy, agriculture, and critical minerals. India and the United Kingdom reviewed implementation of the comprehensive economic and trade agreement, with both sides completing their respective approval processes and looking forward to its entry into force. India and the European Union reviewed progress on the recently concluded free trade agreement, while India and New Zealand discussed preparations for the prime minister's upcoming visit.
March 29, 2026
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Strait of Hormuz shipping disruption eases as Indian LPG tankers safely transit and support domestic fuel supply.
Safe transit of Indian-flagged LPG tankers through the Strait of Hormuz has been maintained despite conflict-related disruption to shipping in the region. The passage of additional carriers, together with earlier arrivals of LPG, crude oil and gasoline vessels, has helped support India's fuel supply chain at a time when the country depends heavily on imported LPG for domestic cooking gas demand. Continued maritime monitoring, coordination for vessels remaining in the western Persian Gulf, and repatriation of Indian seafarers have also been facilitated.
March 29, 2026
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Jet fuel taxation relief is being explored to ease airline operating costs amid West Asia conflict pressures.
Measures are being explored to reduce the impact of the West Asia conflict on airlines, including discussions with state governments on lowering taxes on jet fuel. Airlines are facing higher operating costs because of surging oil prices, airspace curbs, and longer flight routes, with aviation turbine fuel forming a substantial part of total expenses and value added tax on such fuel varying across states.
March 29, 2026
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Tea land transfer concerns prompt calls for clear guidelines, labour law harmonisation, and protection of industry liabilities.
Tea planters' body has sought clear guidelines before implementation of the amended law for transfer of housing line land to tea garden workers, citing administrative, financial and legal complications where land is mortgaged and labour quarters are company-built assets. It has also pointed to continuing management responsibility for housing and welfare amenities under labour law, urged full recognition of in-kind benefits for wage computation, requested release of pending subsidy payments, and called for policy support, market diversification, quality control, and a minimum sustainable price for made tea.
March 28, 2026
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National unity and aviation expansion drive highlighted as leaders urge restraint amid global crises and promote regional growth.
Prime Minister urged unity and restraint in responding to global crises, warning political parties against divisive remarks that may harm national interests. He linked the inauguration of Noida International Airport, its cargo terminal and MRO facility to a broader push for connectivity, regional growth and lower travel costs. The address also highlighted aviation expansion, the UDAN scheme, logistics development, transport infrastructure and self-reliance in the MRO sector.
March 28, 2026
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Aviation and infrastructure policy drive regional growth, affordable travel, domestic maintenance capacity and reduced import dependence.
Government policy on aviation, infrastructure and energy is presented as part of a broader strategy to advance economic development, improve citizen convenience and strengthen national resilience amid global disruption. The address emphasised safeguarding the interests of families and farmers, reducing costs and saving time, while maintaining calm and unity during external crises. It also highlighted the inauguration of Noida International Airport as a transport and logistics hub, the expansion of the UDAN scheme, development of domestic maintenance, repair and overhaul capacity, and ethanol blending as a measure to reduce crude oil imports and foreign exchange outgo.
March 28, 2026
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BFSI innovation platform brings together digital banking, cybersecurity, AI solutions, and regulatory dialogue for industry leaders.
IBEX India 2026 is presented as a dual-track BFSI platform combining a trade exhibition and a leadership conference to showcase and strategise innovation in banking and financial services. The exhibition brings together technology providers, fintech participants and BFSI solution specialists to present banking technologies, cybersecurity tools, AI-driven solutions, IT infrastructure services, KYC and onboarding solutions, surveillance systems and payment services intended to improve operational efficiency. The conference discusses digital transformation, cybersecurity resilience, the interaction between traditional banking and fintech, and the evolving regulatory landscape, including the growing role of AI.
March 28, 2026
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Trade transparency and WTO reform need capacity-building, not retaliation, to ensure fair compliance and multilateral balance.
Trade transparency under the WTO Technical Barriers to Trade framework requires members to share information on trade policies, subsidies and regulatory measures, but India has cautioned that transparency must not be weaponised to justify trade retaliation or challenge legitimate domestic policies. It stressed that disclosure obligations should be backed by sustained capacity-building support so all members, especially developing countries, can meet them fairly and effectively. India also supported time-bound WTO reform with milestones, robust evidentiary analysis and a member-driven consensus process.
March 28, 2026
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Panic buying and hoarding control take priority as Odisha urges supply stability amid the West Asia conflict.
Amid the West Asia conflict, the Odisha Chief Minister urged people to avoid panic buying and unnecessary purchasing so that supply chains remain stable and essential commodities continue to be available without disruption. The state government stated that accurate information would reach citizens and that hoarding and black marketing would be strictly prevented. He also welcomed the Central government's excise duty cut on petrol and diesel as a timely measure to shield consumers from rising global oil prices and support economic stability, energy security, and essential supplies.
March 28, 2026
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Customer-centric AI-led banking platforms drive Nucleus Software's long-term digital transformation strategy and global expansion.
Nucleus Software marked 30 years of listing on the Bombay Stock Exchange, describing the milestone as evidence of strong governance, disciplined execution and sustained value creation. The company said its growth has been driven by customer-centricity and domain-led innovation, with digital lending and transaction banking platforms supporting financial institutions across multiple countries. It stated that FinnOne Neo and FinnAxia are designed to improve operations through scalable, cloud-ready and API-driven architecture, with AI-led capabilities central to its strategy.
March 28, 2026
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Insolvency resolution process abuse allegations prompt refusal of interim protection and no-coercive-step relief in a fraud-linked FIR challenge.
Interim protection was declined in a fraud-linked FIR arising from a corporate insolvency process, as the investigation was at a nascent stage and the court was not inclined to stay the probe without hearing both sides. The request for a no-coercive-step order was also refused, while the investigating agency was directed to file a status report. The FIR concerns allegations of manipulation of the resolution process, acquisition of valuable land at a fraction of its market value, and structured financial flows through related entities.
March 28, 2026
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Pass-through income reporting through Form 75 requires timely furnishing by venture capital funds and companies.
Form 75 is the statement of income paid or credited by a Venture Capital Company or Venture Capital Fund to a person liable to tax under section 222. It is a child form of Form 74, not filed separately, and is automatically generated from Form 74 data through the e-filing portal with no separate documents or attachments. The form must be furnished to each investor by 30 June of the following financial year and is a mandatory compliance requirement.
March 28, 2026
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Pass-through taxation for venture capital income requires annual reporting through Form 74 with investor-wise income details.
Form 74 is the annual statement required from a Venture Capital Company or Venture Capital Fund registered with SEBI when income is paid or credited to investors from investments in Venture Capital Undertakings. The form records fund details, compliance declarations, income classification, proportions of income heads, and investor-wise particulars. It is filed electronically under digital signature by 15 June of the following financial year, after verification by a qualified accountant, and is supported by the SEBI registration certificate, fund deed where applicable, audited accounts, and certified income distribution records.
March 28, 2026
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Government dated securities issuance calendar sets auctions, retail bidding reservation, greenshoe flexibility, and monthly switch buybacks.
Indicative issuance calendar for Government of India dated securities, including Sovereign Green Bonds, is released for the first half of the fiscal year 2026-27. The auctions include a non-competitive bidding facility reserving five per cent of the notified amount for specified retail investors, and the Government of India may modify the calendar, issue different types of instruments, exercise the greenshoe option, and conduct switch or buyback auctions subject to the applicable general notification.
March 28, 2026
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Government borrowing plan finalised with dated securities, green bonds, treasury bills and liquidity support arrangements.
Government borrowing for the first half of FY 2026-27 has been finalised in consultation with the Reserve Bank of India, through dated securities, sovereign green bonds and treasury bills. The plan distributes borrowing across weekly auctions and multiple maturities, provides for switching and buyback of securities to smoothen the redemption profile, reserves a greenshoe option, and sets the Ways and Mean Advances limit to address temporary mismatches in government accounts.
March 28, 2026
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Treasury bill issuance calendar fixes quarterly auction schedule and preserves flexibility to adjust timing and amounts as needed.
Treasury bill issuance calendar for the quarter ending June 2026 fixes the proposed auction and issue schedule for 91-day, 182-day and 364-day Treasury Bills through weekly auctions in April, May and June 2026. The Government of India, in consultation with the Reserve Bank of India, retains flexibility to modify the indicated auction amounts and timing depending on requirements, evolving market conditions and other relevant factors, after due notice to the market. The calendar is subject to change where circumstances so warrant, and auctions remain subject to the governing notification and its amendments.
March 28, 2026
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Insurance for All by 2047 drives Oriental Insurance growth, with premium milestone and expanded risk protection offerings.
Oriental Insurance Company Limited has crossed a gross premium milestone for FY 2025-2026, reflecting growing trust in public sector insurance institutions and alignment with the Government's objective of expanding financial inclusion under the vision of Insurance for All by 2047. Growth is attributed to strong contributions from Group Personal Accident, Health, Fire and Motor insurance portfolios, together with innovative offerings and planned new products addressing evolving risk needs.
March 28, 2026
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Investor facilitation camps streamline unclaimed dividends, unclaimed shares, and IEPF claim redressal through single-window support.
Investor facilitation camps under the Investor Education and Protection Fund framework provide single-window support for claim redressal, unclaimed dividends, unclaimed shares and pending IEPFA claims. The Bhubaneswar "Niveshak Shivir" offered on-the-spot KYC and nomination updates, direct interaction with company representatives and RTAs, and assistance through a Search Facility Help Desk for identifying unclaimed investments transferred to the IEPF. Participants were guided on locating potential claims and proceeding through Form IEPF-5.

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April 1, 2026

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New Delhi, Apr 1 (PTI) Following are the top stories at 9 pm NATION DEL87 LDALL FCRA (8.43 PM)

As BJP and Oppn spar, debate on FCRA amendment bill in LS deferred New Delhi/Alappuzha: A discussion in the Lok Sabha on a bill to amend the Foreign Contribution Regulation Act (FCRA) scheduled for Wednesday was deferred amid a political slugfest, with the opposition alleging that the new measures could curb minority rights and tighten government control over NGOs.

CAL74 AS-POLL-2NDLDALL PM (8.33 PM)

Assam polls: PM woos tea garden workers, accuses Congress of planning law to protect infiltrators Gogamukh/Behali (Assam): Prime Minister Narendra Modi on Wednesday launched the BJP’s poll campaign in Assam, predicting a "hat-trick" for his party with people's blessings and asserted that the Congress will achieve a "century of defeats" in elections.

DEL54 PM-WASIA-MEETING (5.14 PM)

PM Modi to review with senior ministers situation arising following West Asia conflict New Delhi: Prime Minister Narendra Modi on Wednesday evening will review with a group of senior cabinet ministers the situation arising due to the West Asia conflict and the availability of critical needs including food, energy and fuel security of common people.

PAR34 LS-LD JAN VISHWAS (8.06 PM)

Lok Sabha passes Jan Vishwas amendment bill to promote ease of doing business New Delhi: The Lok Sabha on Wednesday passed a bill to amend 784 provisions in 79 central laws for decriminalising and rationalising minor offences to further improve the country's business environment.

PAR19 LS-AMARAVATI-LD BILL (3.53 PM)

Lok Sabha passes bill to recognise Amaravati as sole and permanent capital of Andhra Pradesh New Delhi: A bill seeking to recognise Amaravati as the sole and permanent capital of Andhra Pradesh was passed by the Lok Sabha on Wednesday, with the opposition Congress also supporting it along with the NDA.

BOM18 DEF-WASIA-LD NAVY CHIEF (8.47 PM)

Indian Navy was minutes away from striking Pak from sea during Op Sindoor: Admiral Tripathi Mumbai: The Indian Navy was minutes away from striking Pakistan from the sea during Operation Sindoor when Islamabad requested stoppage of kinetic actions, Navy chief Admiral Dinesh K Tripathi said on Wednesday.

CAL61 WB-POLLS-2ND LD MAMATA (6 PM)

Be cautious while filing nominations, new officers may reject them: Mamata to TMC nominees Kolkata: Trinamool Congress supremo Mamata Banerjee on Wednesday alleged that officials recently appointed by the Election Commission were entrusted to reject nominations of her party's poll candidates and urged them to be cautious while filing their nominations.

MDS57 KL-POLLS-LD RAJNATH (6.57 PM)

'God not secure in Kerala', LDF betrayed Lord Ayyappa for few pieces of gold: Rajnath Singh Kochi: Senior BJP leader and Defence Minister Rajnath Singh on Wednesday launched a scathing attack on the ruling LDF in poll-bound Kerala, alleging that "God was not secure" in the state known as God's own country, as the Left front betrayed Lord Ayyappa for a few pieces of gold -- a reference to the Sabarimala gold loss cases.

DEL73 PB-BJP-OFFICE-2NDLD EXPLOSION (7.34 PM)

Blast outside BJP office in Chandigarh; NIA rushed, no casualties Chandigarh: A blast outside the Punjab BJP headquarters here Wednesday evening sent people panicking, with police saying a "crude" device appeared to have been hurled. No casualties were reported.

MDS48 TN-POLLS-STALIN-NDA (5.02 PM)

'NDA will not hesitate to change TN's name as Dakshina Pradesh,' alleges Stalin Tiruchirappalli: DMK President and Chief Minister M K Stalin on Wednesday alleged that if the NDA assumed power in the state, they will not hesitate to even change Tamil Nadu's name into Dakshina Pradesh.

LEGAL LGD39 SC-WB-2NDLD SIR (6.32 PM)

SIR in Bengal: 19 appellate tribunals to decide on pleas against exclusion or inclusion, says SC New Delhi: Nineteen appellate tribunals headed by former chief justices and high court judges will decide on the pleas of those excluded from the voter list during the Special Intensive Revision (SIR) of the electoral rolls in poll-bound West Bengal, the Supreme Court said on Wednesday.

LGD32 DL-HC-CHILD TRAFFICKING (5.24 PM)

Delhi HC says Delhi has become 'mandi' for child trafficking, seeks police's response on PIL New Delhi: The national capital has become a "mandi" for child trafficking, the Delhi High Court said on Wednesday and asked the railways and the police to respond to a petition raising concern over such incidents blatantly happening at railway stations and surrounding areas.

BUSINESS DEL52 BIZ-2NDLDALL ATF-PRICE-HIKE (5 pm)

ATF hike for domestic airlines limited to 8.5%; commercial LPG, premium petrol prices rise New Delhi: Aviation turbine fuel (ATF) prices for domestic airlines were raised by a calibrated 8.5 per cent on Wednesday, instead of more than doubling as warranted by a war-driven surge in global oil prices, even as rates for commercial LPG and premium petrol were also increased amid firm energy trends.

DEL40 BIZ-LD GST COLLECTION (3.20 pm)

GST collections rise 9 pc to over Rs 2 lakh cr in March, third highest in FY26 New Delhi: GST revenues grew about 9 per cent in March, scaling to the pre-tax cut level of over Rs 2 lakh crore, the third highest monthly collection in the 2025-26 fiscal, buoyed by mop-ups from imports as well as domestic sales and purchases, government data showed on Wednesday.

FOREIGN FGN31 US-H1B (1.03 pm)

USCIS completes H-1B cap selection process for FY 2027 Washington: The US Citizenship and Immigration Services said it has met the annual quota of 85,000 H-1B cap beneficiaries for FY-2027 and completed the regular and advanced-degree selection lotteries.

FGN39 ISRAEL-INDIA-ARMS (1.07 pm)

Israeli defence firm supplies first batch of light machine guns to India Jerusalem: A leading Israeli small arms manufacturer has delivered the first batch of light machine guns (LMGs) to India under the 'Make in India' initiative with technology transfer.

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