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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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28
May
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RBI/2026-27/93
(Delhi)
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL
(Da'esh) & Al-Qaida Sanctions List: Removal of 7 Entries
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28
May
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RBI/DOR/2026-27/94
(Delhi)
Reserve Bank of India (Urban Co-operative Banks - Governance) Amendment Directions, 2026
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28
May
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RBI/DOR/2026-27/95
(Delhi)
Reserve Bank of India (Rural Co-operative Banks - Governance) Amendment Directions, 2026
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22
May
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RBI/2026-27/83
(Delhi)
Reserve Bank of India (Commercial Banks - Classification, Valuation, and
Operation of Investment Portfolio) Second Amendment Directions, 2026
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22
May
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RBI/2026-27/84
(Delhi)
Reserve Bank of India (Small Finance Banks - Classification, Valuation, and
Operation of Investment Portfolio) Amendment Directions, 2026
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22
May
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RBI/2026-27/85
(Delhi)
Reserve Bank of India (Payments Banks - Classification, Valuation, and
Operation of Investment Portfolio) Amendment Directions, 2026
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22
May
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RBI/2026-27/92
(Delhi)
Reserve Bank of India (Local Area Banks – Financial Statements: Presentation
and Disclosures) Third Amendment Directions, 2026
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22
May
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RBI/2026-27/90
(Delhi)
Reserve Bank of India (Commercial Banks – Prudential Norms on Capital
Adequacy) Sixth Amendment Directions, 2026
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22
May
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RBI/2026-27/91
(Delhi)
Reserve Bank of India (Commercial Banks – Financial Statements:
Presentation and Disclosures) Sixth Amendment Directions, 2026
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22
May
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RBI/2026-27/86
(Delhi)
Reserve Bank of India (Local Area Banks - Classification, Valuation, and
Operation of Investment Portfolio) Amendment Directions, 2026
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22
May
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RBI/2026-27/87
(Delhi)
Reserve Bank of India (Urban Co-operative Banks – Classification, Valuation,
and Operation of Investment Portfolio) Amendment Directions, 2026
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22
May
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RBI/2026-27/88
(Delhi)
Reserve Bank of India (Rural Co-operative Banks – Classification, Valuation, and
Operation of Investment Portfolio) Amendment Directions, 2026
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22
May
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RBI/2026-27/89
(Delhi)
Reserve Bank of India (Regional Rural Banks - Classification, Valuation, and
Operation of Investment Portfolio) Amendment Directions, 2026
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18
May
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RBI/2026-27/73
(Delhi)
Reserve Bank of India (All India Financial Institutions – Income Recognition,
Asset Classification and Provisioning) Amendment Directions, 2026
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18
May
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RBI/2026-27/75
(Delhi)
Reserve Bank of India (All India Financial Institutions – Credit Risk
Management) Second Amendment Directions, 2026
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18
May
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RBI/2026-27/67
(Delhi)
Reserve Bank of India (Rural Cooperative Banks – Credit Risk Management)
Second Amendment Directions, 2026
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18
May
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RBI/2026-27/68
(Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Resolution of
Stressed Assets) Amendment Directions, 2026
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18
May
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RBI/2026-27/69
(Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Income
Recognition, Asset Classification and Provisioning) Amendment Directions,
2026
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18
May
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RBI/2026-27/76
(Delhi)
Reserve Bank of India (Relief Measures by Banks in Areas affected by Natural
Calamities) Directions 2018 – SCBs Repeal Directions, 2026
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18
May
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RBI/DGBA/2026-27/399
(Delhi)
Reserve Bank of India [Disbursement of Government Pension by Agency Banks
(ABs)] Directions, 2026
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18
May
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RBI/DGBA/2026-27/400
(Delhi)
Reserve Bank of India [Conduct of Government Business by Agency Banks
(ABs) – Payment of Agency Commission and Oversight of ABs] Directions, 2026
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18
May
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RBI/2026-27/77
(Delhi)
Reserve Bank of India (Relief Measures by Banks in Areas affected by Natural
Calamities) Directions 2018 – RRBs Repeal Directions, 2026
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18
May
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FEMA 401/2026-RB
(Delhi)
Foreign Exchange Management (Authorised Persons) Regulations, 2026
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18
May
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RBI/2026-27/78
(Delhi)
Issuance of Foreign Exchange Management (Authorised Persons) Regulations, 2026
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18
May
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RBI/2026-27/79
(Delhi)
Reserve Bank of India (Commercial Banks - Prudential Norms on Capital
Adequacy) Fifth Amendment Directions, 2026
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18
May
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RBI/2026-27/80
(Delhi)
Reserve Bank of India (Small Finance Banks - Prudential Norms on Capital
Adequacy) Fourth Amendment Directions, 2026
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18
May
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RBI/2026-27/82
(Delhi)
Operating framework for facilitating Outward Remittance services by nonbank entities through Authorized Dealer (Category I) banks in India
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18
May
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RBI/2026-27/66
(Delhi)
Reserve Bank of India (Rural Cooperative Banks – Responsible Business
Conduct) Amendment Directions, 2026
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18
May
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RBI/2026-27/74
(Delhi)
Reserve Bank of India (All India Financial Institutions – Responsible Business
Conduct) Amendment Directions, 2026
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18
May
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RBI/2026-27/63
(Delhi)
Reserve Bank of India (Regional Rural Banks – Credit Risk Management)
Second Amendment Directions, 2026
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18
May
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RBI/2026-27/64
(Delhi)
Reserve Bank of India (Rural Cooperative Banks – Resolution of Stressed
Assets) Amendment Directions, 2026
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18
May
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RBI/2026-27/71
(Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Credit Risk
Management) Second Amendment Directions, 2026
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18
May
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RBI/2026-27/81
(Delhi)
Reserve Bank of India (Payments Banks - Prudential Norms on Capital
Adequacy) Second Amendment Directions, 2026
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18
May
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RBI/2026-27/65
(Delhi)
Reserve Bank of India (Rural Cooperative Banks – Income Recognition, Asset
Classification and Provisioning) Amendment Directions, 2026
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18
May
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RBI/2026-27/70
(Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Responsible
Business Conduct) Amendment Directions, 2026
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INDIAN ECONOMY
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Union Minister of Commerce and Industry Piyush Goyal highlighted the role of the Indo-Canadian community in strengthening bilateral economic relations and deepening people-to-people ties during his three-day visit to Canada, which concluded on May 28 and focused on trade, investment and ongoing negotiations ...
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State Bank of India chairman Challa Sreenivasulu Setty has warned that the ongoing conflict in the Gulf region could weigh on growth and rekindle inflationary pressures, even as India's macroeconomic fundamentals remain resilient.
In his message to shareholders in the bank's annual report, Setty said: "T...
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Austerity is typically associated with economies that have weak fundamentals or otherwise lack options for achieving fiscal sustainability. But the Indian economy’s fundamentals are relatively strong. Real GDP growth is expected to reach 7.4% this fiscal year, with medium-term potential growth hovering around...
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As FDI outflows surged to $27 billion in FY26, former member of PM Modi’s Economic Advisory Council and ex IMF executive director Surjit Bhalla has pushed for an overhaul of India’s foreign investment regime, warning that policy rigidity and mounting regulatory uncertainty are steadily eroding the country’s a...
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New frontiers of energy cooperation, trade and industrial partnerships, and critical minerals are emerging as the next stage in burgeoning India-Russia economic partnership.
Representatives of the Trade Representation of the Russian Federation in India recently participated in the high-level meet “India-Ru...
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A US-Iran peace deal will be cheered by governments around the world. But in India, critically dependent on the Strait of Hormuz for everything from cooking fuel to fertilizers, an end to the energy squeeze of the last three months will only bring short-term relief. That's because the Middle East crisis has e...
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India’s growth story depends on the health of the vast number of unincorporated non-agricultural enterprises — which are not legally registered as companies — that belong to the informal sector. These small businesses contribute 28 to 30% of the nation’s output of goods and services or GDP and 40% of employme...
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The Centre has met the fiscal deficit target of 4.4% of GDP for FY26 based on the new GDP series, with almost 99% achievement of expenditure target set for the year, sources told FE.
Capital expenditure stood at Rs 10.7 lakh crore against the revised budget estimate of Rs 10.96 lakh crore, achieving 98% of...
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India’s economy is estimated to have grown 7.2% year-on-year in the January-March 2026 quarter (Q4FY26), according to a Financial Express poll of economists. The reading marks a slowdown from the 7.8% expansion recorded in the preceding October-December quarter, largely reflecting the initial impact of the We...
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The US team, led by its chief negotiator for the trade agreement with India, will be in New Delhi from June 1 to 4 to finalise the details of the interim pact and advance negotiations for a broader Bilateral Trade Agreement (BTA). Assistant US Trade Representative Brendan Lynch will lead the US team.
The t...
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MARKET & FINANCE
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Japanese banks are, in a historic shift, competing to shore up their deposit base as lending opportunities grow and consumers, seeking to beat inflation, shift their savings into a booming stock market.
While banks had been able to count on ample deposits for decades, growing prospects domestically are pus...
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The world's richest families are trimming exposure to the U.S. dollar as geopolitical tensions and rising sovereign debt drive a broader rethink of portfolio risk, UBS said in a report published on Thursday.
About two-thirds of family offices surveyed by the Swiss bank expect confidence in the dollar a...
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GLOBAL CORPORATE
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Snowflake raised annual product revenue forecast on Wednesday, as enterprises ramped up spending on AI applications and shifted more data workloads to its cloud platform, sending its shares surging 36% in extended trading.
The company also signed a five-year deal worth $6 billion with Amazon Web Services t...
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Mexican telecommunications giant America Movil on Wednesday outlined its financial outlook through 2028, according to a J.P. Morgan analyst note, targeting steady growth in revenue and core earnings while holding capital expenditure stable at around $7 billion per year.
The firm's investor day event was cl...
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The Pentagon on Wednesday announced a five-year, $9.69 billion agreement to consolidate Microsoft and other enterprise software licenses scattered across the military services, the intelligence community, and the U.S. Coast Guard into a single contract vehicle, officials said.
The cost-cutting effort hand...
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China's auto industry has likely moved past its "golden era," NIO Chief Executive William Li said on Thursday, as a downturn in domestic car sales extended into May.
A rebound in the world’s largest auto market has yet to materialise, despite the sector’s continued export strength, Li told reporters in Bei...
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Toyota Motor on Thursday said global vehicle sales fell for a third consecutive month in April, hit by sharp declines in China and the Middle East.
• Global sales dropped 3.1% from a year earlier to 849,306 vehicles. Overseas sales slumped 7.5%, while those in Japan rose 24.2%, as sales rebounded after ear...
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China has issued export quotas for urea fertiliser, sources with direct knowledge of the matter said, a move that could help ease soaring global prices for one of the world's most widely used crop nutrients after supply disruptions linked to the Iran war.
One of the world's largest fertiliser exporters, Ch...
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For years, JPMorgan Chase CEO Jamie Dimon has built America’s biggest bank through expansion, cautious bets and crisis-era deals. However, the Wall Street veteran says he is ready to make another big move if the right opportunity comes along.
Dimon while speaking at financial conference in New York on Wedn...
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GLOBAL ECONOMY
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Sentiment among Britain's consumer-facing services businesses fell to its lowest since February 2025 this month and a recent rebound in business services morale reversed course, a survey from the Confederation of British Industry ...
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The Bank of Korea kept its policy interest rate steady on Thursday, as it weighs geopolitical risks against a weakening won and resurgent inflation that point to higher rates ahead.
The seven-member monetary policy board at the...
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South Korean exports likely rose for a 12th straight month in May, as a global boom in AI investment drove a surge in chip sales, a Reuters poll showed on Thursday.
Exports from Asia's fourth-largest economy, a bellwether for g...
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The energy shock caused by the Middle East conflict will likely have a persistent impact on inflation even if there is a quick solution to the war, the European Central Bank's chief economist, Philip Lane, said on Thursday.
Whi...
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Federal Reserve Vice Chair Philip Jefferson said on Thursday it was appropriate to focus on returning inflation to the central bank's 2% target given the U.S. labour market has been "very resilient" to the current energy shock.
...
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Thailand's manufacturing production index dropped 0.36% in April from a year earlier, the industry ministry said on Thursday, weaker than analysts' forecasts.
• The April reading compared with a year-on-year increase of 0.2% fo...
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Former Bank of Japan Deputy Governor Masazumi Wakatabe said on Thursday that the timing of a potential interest rate hike is less important than whether the economy can withstand tighter monetary policy.
"Whether the Bank of Ja...
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The world is facing the “largest energy security crisis” in history as the Middle East war forces countries to scramble for new supply routes, expand domestic energy production and rethink long-term investment strategies, the Inte...
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INDIAN CORPORATE
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Odisha Chief Minister Mohan Charan Majhi has said that the Vedanta Group's proposed projects worth over Rs 1 lakh crore in the state would be reviewed every fortnight to ensure timely execution.
Vedanta Group Chairman Anil Agar...
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With the Q4FY26 earnings season ending this week, a select group of BSE-listed companies with market capitalisation above Rs 2,500 crore stood out by delivering a rare combination of triple-digit growth in both profit and revenue,...
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Vodafone Idea launched a campaign assuring its entire user base of postpaid and prepaid of receiving equal priority or treatment amidst Bharti Airtel rolling out its Priority Postpaid plan which provides a more stable telecom expe...
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The UK government would oppose any attempt by Sunil Bharti Mittal to increase his stake in telecoms group BT in order to maintain sovereign control over “critical national infrastructure”, the Financial Times reported, citing sour...
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IT firm, Tata Consultancy Services (TCS) has entered into a strategic partnership with SKF to accelerate AI-led digital transformation across SKF’s global operations.
Under the partnership, TCS will provide end-to-end managed s...
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JSW Steel announced the project commencement of its fully-owned greenfield Integrated Steel Plant at Paradeep, Odisha. The project, entailing an investment of Rs 65,000 crore, represents one of the largest investments undertaken b...
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With all eyes on the crucial Tata Trusts meeting scheduled for June 8 and the Tata Sons board meeting on June 12, the Centre is quietly nudging the leadership of the Tata Group to resolve internal differences and avoid the ongoing...
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GST
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In a judgment with profound implications for the gaming industry, the Supreme Court on Wednesday upheld the constitutional validity of the Centre’s retrospective levy of 28% Goods and Services Tax (GST) on the full face value of bets placed on online gaming platforms, instead of gross gaming revenue alone.
...
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Insolvency
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Moody's Ratings on Wednesday said Indian banks are among the more exposed in the Asia-Pacific region, given the economy's high dependence on energy imports from West Asia and the consequent pressure on inflation, interest rates an...
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The decade-old insolvency framework has helped creditors recover more than Rs 4 lakh crore and sharply improved recovery rates and credit discipline, with the government and regulators hailing the Insolvency and Bankruptcy Code (I...
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IMC Chamber of Commerce and Industry has sent this e-mail to you because your subscription preferences indicate that you want to receive latest news alerts on this email ID. For suggestions and feedback news alerts on this email ID. For suggestions and feedback click here .
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