RBI reports 7.2% sales growth for FY25 in private firms, with higher input costs and moderate profit margins across manufacturing, IT, and service sectors.
India imposes definitive countervailing duty on certain effect pearlescent pigments from China PR for five years, effective June 26, 2025, due to subsidization and material injury to domestic industry.
India applies 5-year anti-dumping duty on Plastic Processing Machines from China PR and Taiwan to counter dumped imports and protect domestic industry.
SEBI issues new Industry Standards for Related Party Transaction approvals, effective Sept 1, 2025, aiming to standardize information for audit committees and shareholders.
PFRDA extends UPS option deadline for NPS-covered employees and retirees of Central Government to 30 September 2025. Applies to spouses of deceased retirees too.
Ministry of Corporate Affairs drafts an amendment to extend Section 186 relaxations to Finance Companies registered with IFSCA, aligning them with NBFCs. Submit comments by July 17, 2025.
DGFT Public Notice amends FTP 2023, renaming ‘The Silk & Rayon Textiles Export Promotion Council’ to ‘Manmade and Technical Textiles Export Promotion Council (MATEXIL)’ and updating its contact information for RCMC issuance.
RBI extends call money timings to 7 PM from July 1 and repo/TREP to 4 PM from August 1, 2025, based on a review of market trading and settlement hours.
DGFT updates import policy to restrict iridium, osmium, and ruthenium alloys containing over 1% gold by weight under ITC (HS) Chapter 71.
DGFT renames Silk & Rayon Textiles Council to MATEXIL under FTP 2023 for issuing Non-Preferential Certificates of Origin. Contact details also revised.
