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| IMC has enhanced its digital systems to incorporate new online features. To explore these updated processes, please visit our website: https://www.imcnet.org
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RBI
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15
Jun
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RBI/2026-27/100
(Delhi)
Swap Facility for External Commercial Borrowings and Overseas Foreign
Currency Borrowings
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15
Jun
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RBI/2026-27/101
(Delhi)
NOP-INR position of Authorised Dealer Category-I banks
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15
Jun
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RBI/2026-27/102
(Delhi)
Reserve Bank of India (Commercial Banks – Cash Reserve Ratio and Statutory
Liquidity Ratio) Second Amendment Directions, 2026
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8
Jun
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RBI/2026-27/98
(Delhi)
Submission of statement/return on Centralized Information Management System (CIMS)
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8
Jun
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RBI/2026-27/96
(Delhi)
Formation of new district in the State of Assam – Assignment of Lead Bank Responsibility
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8
Jun
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RBI/2026-27/97
(Delhi)
Investments by Foreign Portfolio Investors in Government Securities – Amendments to the regulatory framework
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8
Jun
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Notification No. FEMA 23
(Delhi)
Foreign Exchange Management (Export of Goods and Services) (First Amendment) Regulations, 2026
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INDIAN ECONOMY
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India’s unemployment rate climbed to an 11-month high of 5.5 per cent in May from 5.2 per cent in April, even as labour-force participation eased, suggesting a softening labour market, according to the latest monthly bulletin of the Periodic Labour Force Survey (PLFS), released by the National Statistics O...
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India's export outlook remains challenging in FY27 amid moderating global demand and elevated electronics imports, but the worst phase appears to be behind as a weaker rupee, resilient services exports and strong remittance inflows are likely to cushion external sector pressures, according to a report by Elar...
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India recorded a current account surplus of $4.7 billion in April 2026, compared with a deficit of $4.8 billion a year earlier, even as net foreign portfolio investment (FPI) outflows widened to $8.7 billion and pushed the overall balance of payments into a deficit, according to preliminary data released by t...
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Goldman Sachs has turned more optimistic on India's external position, lowering its current account deficit (CAD) forecast for 2026 to 1.3% of gross domestic product (GDP) from 2% earlier and projecting a balance of payments (BoP) surplus of 0.6% of GDP after two years of deficits.
Despite lower capital in...
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India’s inflation trajectory is beginning to show signs of renewed pressure, with both consumer and wholesale prices rising sharply in May 2026 amid higher food costs, fuel price increases and global commodity volatility, according to separate research reports by HSBC and Bank of Baroda.
While retail infla...
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The US and Iran have agreed to a deal to end the conflict, with the agreement set to be signed in Switzerland on Friday, raising hopes of a reopening of the Strait of Hormuz and a revival of oil and gas flows from West Asia.
The prospect of a peace deal has already pushed Brent crude down to around $83 per...
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India will take more steps to spur foreign capital inflows, not stopping with the recent announcements made by the government and the Reserve Bank of India, Finance Minister Nirmala Sitharaman said on Monday. “We will be doing more. We recognise we need more foreign capital to come in,” she said at the Hero M...
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India’s trade deficit widened sharply in May 2026 despite a strong surge in exports, as rising imports outpaced gains in both merchandise and services trade, news agency ANI reported based on data released by the Ministry of Commerce and Industry.
While exports touched record levels during the month, a ste...
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The progress of the southwest monsoon has been sluggish so far with cumulative rainfall until June 14 being just 28.4% below the benchmark longer period average (LPA) for the period. This is in the ‘deficient’ range, according to the India Meteorological Department’s criteria.
This follows the late arrival...
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The recovery in shipment volume to West Asia after two months of decline and the high value of petroleum product shipments helped merchandise exports grow at the fastest rate in six months in May. Shipments rose 18% to $45.2 billion, and with the war in the region winding down prospects for the rest of the ye...
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The US-Iran tentative deal to end their 107-day conflict and reopen the Strait of Hormuz could at once boost India’s economic sentiments, ease an already evident pressure on the fisc, avert an emergent balance of payments problem, and help the rupee to hold against the dollar, economists said.
If supply ch...
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MARKET & FINANCE
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The Reserve Bank of India allowed all foreign individual investors to buy shares in domestically listed firms directly, implementing a budget proposal and expanding access beyond non-resident Indians (NRIs) and overseas citizens of India (OCIs).
This comes at a time when foreign portfolio investors (FPIs) ...
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Foreign institutional investors have not walked away from Indian equities, they've simply rotated their bets, Samir Arora, Founder and Group CIO of Helios Capital Management, said at the ET Alpha Wealth Summit, delivering one of the sharpest macro reads on India's market narrative in recent months.
The $20...
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The Reserve Bank of India’s (RBI) decision to allow banks to lend directly to Real Estate Investment Trusts (REITs) is expected to improve access to long-term capital, lower borrowing costs and reduce the sector’s dependence on the corporate bond market, according to the Indian REITs Association (IRA).
The...
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GLOBAL CORPORATE
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Global demand for electric vehicles rose for a third straight month in May, as subsidies and high petrol prices continued to drive the transition away from combustion-engine cars, data from consultancy Benchmark Mineral Intelligence showed on Wednesday.
Registrations of new battery-electric vehicles and p...
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OpenAI spent $34 billion last year to dominate the booming AI market ahead of its planned IPO, the Financial Times reported on Monday.
Audited financial figures show the ChatGPT maker spent about $19 billion on research and development in 2025 and nearly $6 billion on sales and marketing, as well as other ...
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Saudi Arabia is known as the “swing exporter” in the oil market because it can either pump out more or less of the black stuff in response to shocks. Historically the kingdom hasn’t had a match on the demand side. Barring a major economic crisis, consuming nations have always kept their purchases steady. Not ...
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Schneider Electric and Taiwan’s Hon Hai Technology Group (Foxconn) have entered into a strategic partnership to develop and scale next-generation artificial intelligence (AI) data centres, as surging AI adoption drives demand for faster, more energy-efficient digital infrastructure globally.
The collaborat...
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RBI
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The Reserve Bank of India (RBI) has amended the rules on how Non-Resident Indians (NRIs), Overseas Citizens of India (OCIs) and other residents outside India can make investments, receive sale proceeds and how such transactions can be reported to the central bank.
One of the major changes is that a person ...
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Banking
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The earnings season got over last month. Before we analyse the quarterly performance of listed Indian banks, let's take a look at how they performed in FY26.
The combined net profit of listed private and public sector banks is Rs 3.94 trillion, the highest ever, 7.47 per cent higher than in FY25.
The...
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GLOBAL ECONOMY
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U.S. factory production was unexpectedly unchanged in May after gains in the prior months, which some economists said were related to businesses building up inventory in anticipation of shortages and higher prices due to the war i...
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The world economy is weathering the shock of the war in the Middle East with no signs yet of a global slowdown, but risks remain high, International Monetary Fund chief Kristalina Georgieva said on Monday.
Georgieva, who will b...
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Peru's economy expanded 3.73% in April from a year earlier, data from the government's INEI statistics agency showed on Monday, exceeding expectations as nearly all sectors posted growth.
April's reading came above the 3.55% in...
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Australia's central bank held its cash rate steady at 4.35% on Tuesday, saying the economy was slowing in the face of tighter financial conditions but warned it might hike the rate again if it was needed to control inflation.
W...
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Pakistan could improve economic projections for 2027 after the end of the Iran war, but it is still too early to revise the budget, Finance Minister Muhammad Aurangzeb told Reuters, hours after the U.S. and Iran signed a deal to e...
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China's economy showed increasing unevenness in May, with retail sales falling for the first time in over three years and investment slumping, while industrial output picked up pace.
Tuesday's data highlighted a two-speed growt...
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Sunday’s memorandum of understanding between the US and Iran will come as a huge relief to a world weary of the 107-day conflict that roiled oil markets, threatened to push inflation higher, and cast a shadow over global growth an...
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INDIAN CORPORATE
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Corporate profits are becoming an increasingly crucial driver of India’s economy. Yet it isn’t a chest-thumping accomplishment in policymaking. If anything, it’s the opposite because those surpluses aren’t being plowed back into n...
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Suzlon, a renewable energy company, has launched India’s tallest and most powerful wind turbine, the 5 MW S175, with the commissioning of a wind project in Vijayanagar, Karnataka. Until now, the Indian market has primarily feature...
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Adani Enterprises and US based Jabil on Monday said they will form an alliance to set up an AI and data center infrastructure manufacturing platform in the country. The platform plans to deploy multi-GW of high-density AI Rack ...
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B2B manufacturing platform Zetwerk posted an estimated 24% revenue growth to Rs 15,900 crore in FY26, up from Rs 12,800 crore a year earlier, according to a CRISIL rating note dated June 3. The recovery was driven by the company’s...
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Vedanta chairman Anil Agarwal on Monday said each of the group’s five demerged businesses has the potential to become a $100 billion company, as he outlined ambitious growth plans across steel, nuclear power, oil and gas, aluminiu...
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SEBI
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The Securities and Exchange Board of India (SEBI) is working on a comprehensive framework to govern the use of artificial intelligence (AI) in the capital markets ecosystem, its chief Tuhin Kanta Pandey said on Friday.
"AI will...
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Insolvency
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The bankruptcy regulator on Monday issued a circular stipulating standardised formats and documentation requirements for the valuation of companies undergoing resolution under the Insolvency and Bankruptcy Code (IBC).
The aim i...
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