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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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1
May
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RBI/2026-27/29
(Delhi)
Reserve Bank of India (Commercial Banks – Credit Cards and Debit Cards:
Issuance and Conduct) - Amendment Directions, 2026
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1
May
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RBI/2026-27/30
(Delhi)
Reserve Bank of India (Commercial Banks – Asset Liability Management) -
Amendment Directions, 2026
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1
May
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RBI/2026-27/31
(Delhi)
Reserve Bank of India (Non-Operative Financial Holding Companies)-
Amendment Directions, 2026
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1
May
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RBI/2026-27/32
(Delhi)
Reserve Bank of India (Urban Cooperative Banks – Resolution of Stressed
Assets)- Amendment Directions, 2026
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1
May
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RBI/2026-27/34
(Delhi)
Reserve Bank of India (Commercial Banks – Classification, Valuation, and
Operation of Investment Portfolio)- Amendment Directions, 2026
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1
May
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RBI/2026-27/35
(Delhi)
Reserve Bank of India (Commercial Banks – Financial Statements: Presentation
and Disclosures)- Seventh Amendment Directions, 2026
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1
May
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RBI/2026-27/22
(Delhi)
Reserve Bank of India (Commercial Banks – Undertaking of Financial Services)
– Second Amendment Directions, 2026
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1
May
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RBI/2026-27/24
(Delhi)
Reserve Bank of India (Commercial Banks - Transfer and Distribution of Credit
Risk) Amendment Directions, 2026
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1
May
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RBI/2026-27/25
(Delhi)
Reserve Bank of India (Commercial Banks – Credit Facilities) Second
Amendment Directions, 2026
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1
May
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RBI/2026-27/26
(Delhi)
Reserve Bank of India (Commercial Banks – Credit Risk Management) - Second
Amendment Directions, 2026
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1
May
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RBI/2026-27/27
(Delhi)
Reserve Bank of India (Commercial Banks - Concentration Risk Management) -
Second Amendment Directions, 2026
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1
May
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RBI/2026-27/28
(Delhi)
Reserve Bank of India (Commercial Banks – Treatment of Wilful Defaulters and
Large Defaulters) - Amendment Directions, 2026
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1
May
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RBI/2026-27/33
(Delhi)
Reserve Bank of India (Commercial Banks - Prudential Norms on Capital
Adequacy) Fourth Amendment Directions, 2026
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1
May
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RBI/2026-27/36
(Delhi)
Reserve Bank of India (Commercial Banks – Income Recognition, Asset
Classification and Provisioning) Repeal Directions, 2026
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1
May
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RBI/2026-27/37
(Delhi)
Master Direction - Reserve Bank of India (Access Criteria for NDS-OM)
Directions, 2025
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1
May
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RBI/2026-27/38
(Delhi)
Reporting instructions for Authorised Dealer Category-I Banks
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1
May
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RBI/2026-27/21
(Delhi)
Reserve Bank of India (Urban Co-operative Banks – Undertaking of Financial
Services) – Amendment Directions, 2026
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29
Apr
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RBI/2026-27/19
(Delhi)
Reserve Bank of India (Regional Rural Banks – Undertaking of Financial
Services) – Amendment Directions, 2026
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29
Apr
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RBI/2026-27/20
(Delhi)
Reserve Bank of India (Small Finance Banks – Undertaking of Financial
Services) – Amendment Directions, 2026
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29
Apr
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RBI/2026-27/15
(Delhi)
Reserve Bank of India (Local Area Banks – Miscellaneous) – Amendment
Directions, 2026
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29
Apr
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RBI/2026-27/17
(Delhi)
Reserve Bank of India (Non-Banking Financial Companies– Undertaking of
Financial Services) –Amendment Directions, 2026
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29
Apr
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RBI/2026-27/18
(Delhi)
Reserve Bank of India (Rural Co-operative Banks– Undertaking of Financial
Services) – Amendment Directions, 2026
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29
Apr
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RBI/2026-27/16
(Delhi)
Reserve Bank of India (All India Financial Institutions – Undertaking of Financial
Services) –Amendment Directions, 2026
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INDIAN ECONOMY
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New Delhi, Chief Economic Advisor V Anantha Nageswaran on Saturday said India needs to create strategic buffers in the face of the "most difficult" energy shock that the country is facing amid the West Asia crisis.
Nageswaran also said the rising prices of fertiliser and petroleum products globally due to ...
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India's manufacturing sector activity witnessed mild recoveries in growth of new business intakes and production, but rates of increase were the second-weakest in nearly four years.
The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index rose from 53.9 in March to 54.7 in April, signall...
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Indian traders have begun exporting wheat for the first time in four years, as ample stocks, higher global prices and firmer freight rates have opened a window for them to make small shipments to buyers in Asia and the Middle East, trade sources said.
Consumer goods conglomerate ITC has started loading 22,...
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India’s current account deficit (CAD) could more than double to 2% or higher of GDP in FY27 from below 1% in FY26, while the fiscal deficit target of 4.3% will come under pressure due to the continuing West Asia conflict, chief economic adviser V Anantha Nageswaran said on Saturday.
Speaking at a conferenc...
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India’s fuel consumption trends diverged sharply in April, with petrol demand rising 6.36% year-on-year to 3,669 thousand metric tonnes (TMT) even as LPG consumption fell 16.16% to 2,198 TMT, reflecting early signs of disruption linked to the ongoing West Asia conflict, according to PPAC data.
Diesel deman...
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The government has asked exporters to continue their business with West Asia as a full government support ecosystem is in place and requests for assistance under various schemes and Export Promotion Mission (EPM) are being processed quickly.
The government has also asked them to frame proposals for startin...
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The Centre achieved around Rs 10.75 lakh crore, or 98%, of its revised capital expenditure target of Rs 10.96 lakh crore for FY26, a senior official said.
In the Budget presented on February 1, the government had revised downward the FY26 capex target to Rs 10.96 lakh crore from the budget estimate of Rs 1...
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Commercial LPG prices were raised by Rs 993 per 19 kg cylinder on Friday — the steepest climb in a series of hikes announced since the beginning of 2026. The development came even as global crude oil prices jumped to a four-year high of more than $126 a barrel on Thursday morning, and many remained convinced ...
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MARKET & FINANCE
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Foreign investors continued their selling spree from Indian equities in April, pulling out Rs 60,847 crore from the market. This comes after a massive sell-off in March, when overseas investors had already offloaded shares worth Rs 1,17,775 crore, according to National Securities Depository Limited data.
T...
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Indian government bonds turned higher after a weak opening on Monday, with the recent spike in benchmark yields attracting value buyers.
The benchmark Indian 6.48% 2035 bond yield was at 6.9902%, as of 10:05 a.m. IST, after closing at 7.0148% on Thursday.
Bond yields move inversely to prices. Indian mar...
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Mobile money transactions globally crossed the USD 2 trillion mark in 2025, signalling a rapid expansion of digital financial services and a shift towards deeper usage beyond basic payments, according to the GSMA's State of the Industry Report on Mobile Money 2026.
"More than $2.1 trillion flowed through m...
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GLOBAL CORPORATE
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The tariff hike on cars and trucks from the European Union announced by U.S. President Donald Trump could cost Germany nearly 15 billion euros ($17.58 billion) in output, an economic institute told Reuters on Saturday.
The estimate from the Kiel Institute for the World Economy (IfW) highlights the exposure...
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Berkshire Hathaway on Saturday reported a higher first-quarter operating profit even as economic uncertainty weighed on several of its consumer-oriented businesses.
The Omaha, Nebraska-based conglomerate built by Warren Buffett and now led by Greg Abel also reported a record cash level, reflecting difficul...
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China’s Ministry of Commerce said on Saturday it had issued an injunction to block U.S. sanctions imposed on five Chinese refiners accused of buying Iranian oil, according to state news agency Xinhua.
The ministry named the five as Hengli Petrochemical (Dalian) Refinery, and so called 'teapot' refineries S...
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The Asian Development Bank on Sunday announced a $70 billion programme to expand energy and digital infrastructure across the Asia-Pacific region by 2035, aiming to strengthen power grid links, boost cross-border electricity trade and increase broadband access.
ADB President Masato Kanda said energy and di...
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The Asian Development Bank (ADB) on Sunday launched a new financing scheme to help countries in Asia and the Pacific develop supply chains for critical minerals used in clean energy, batteries, electric vehicles, and digital technology.
The scheme will help Asian countries prepare projects and finance infr...
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Australia and Japan have beefed up their cooperation around critical minerals amid a state visit by Japan's prime minister, with the countries providing A$1.67 billion ($1.20 billion) in support for the sector and flagging more to come.
Australia and Japan will focus on strategic projects to address the mo...
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The Abu Dhabi National Oil Company on Sunday pledged to spend $55 billion on new projects over the next two years, just days after the United Arab Emirates' officially left the OPEC oil cartel.
The move to ditch OPEC and the expanded OPEC+ group will allow the UAE to produce as much or as little crude as a...
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Spirit Airlines, the bankrupt discount carrier, ceased operations on Saturday (May 2), becoming the industry’s first casualty linked to the Iran war, after failing to secure creditor support for a US government bailout plan. The airlines has gone out of business after 34 years in the aviation sector. It can b...
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Banking
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Financial Services Secretary M Nagaraju on Friday said the High-Level Committee on Banking for Viksit Bharat announced in this year's Budget will look into public sector banks' balance sheet constraints, so that they can leverage their capital.
The government is expected to announce the terms of reference ...
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Public sector banks are stepping up their push into wealth management, traditionally dominated by private lenders, by leveraging their large customer base, digital capabilities and expanded advisory services.
The move is aimed at improving customer engagement as household savings shift from bank deposits ...
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GLOBAL ECONOMY
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Inflation data last week was "bad news" for the U.S. Federal Reserve and means the Fed needs to be cautious about rate cuts until inflation begins to recede, Chicago Fed President Austan Goolsbee said on Saturday.
"We have got ...
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Concerns that the euro zone could slip into recession if the conflict in the Middle East continued are "real and justified" and talks to end the Iran war will be key for the ECB monetary policy, Bank of Greece governor Yannis Stou...
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South Korea's factory activity expanded at the strongest pace in more than four years in April, as semiconductor demand continued to power both output and new orders, even as the war in the Middle East disrupted some supply of raw...
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Russia's manufacturing sector contracted for the 11th month running in April as output and new orders fell again and employment posted its sharpest drop in four years, a business survey showed on Monday.
The S&P Global Russia M...
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Bank of France Governor Francois Villeroy de Galhau said on Monday he expected the inflation rate to return to 2% in 2027-2028 after a spike this year triggered by higher energy prices caused by "an unprecendent shock".
"We wil...
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Spain's manufacturing output and new orders rose in April as clients rushed to secure stock amid disruptions due to the war in Iran, a survey by S&P Global showed on Monday.
The S&P Spain Manufacturing Purchasing Managers' Inde...
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INDIAN CORPORATE
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Reported Standalone quarterly numbers for Adani Enterprises are: Net Sales at Rs 6,810.08 crore in March 2026 up 10.47% from Rs. 6,164.55 crore in March 2025. Quarterly Net Profit at Rs. 343.56 crore in March 2026 down 91.96% from...
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FMCG major Hindustan Unilever's sales from hyperlocal delivery platforms have doubled in FY26, and e-commerce sales reported over 25 per cent growth, reflecting a strong shift towards digital and omni-channel growth.
The compan...
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SIS Ltd, a security and facility management services provider, aims to cross Rs 20,000 crore in revenue by FY27, driven by strong double-digit growth, expansion of its service network, and a simplified regulatory framework under n...
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Saint-Gobain plans to invest nearly 1 billion in India over the next five years as part of a broader shift in its growth engine away from Western Europe toward emerging markets, the French building materials company's global chie...
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The National Company Law Appellate Tribunal (NCLAT) on Monday dismissed two petitions filed by Vedanta Ltd, which had challenged the selection of Adani Enterprises’ resolution plan for debt-laden Jaiprakash Associates Ltd (JAL).
...
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A State Bank of India-led consortium is considering extending Rs 25,000-crore debt funding to Vodafone Idea, persons aware of the details told ET, signalling improved lender confidence in the telco after the government slashed its...
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A high-stakes battle is brewing between Indian tax authorities and influential charities backed by large industrial houses and global organisations.
Three top-notch hospitals in Mumbai and a famous international spiritual organ...
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DMart parent company, Avenue Supermarts, posted a 19% YoY profit growth in the March quarter of FY26. The retailer reported a consolidated net profit of Rs 656 crore in Q4 FY26. Its net profit in Q4 FY25 was at Rs 550 crore.
On...
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Kotak Mahindra Bank’s net profit for the quarter ended March was up 13.4% on year to Rs 4,027 crore on the back of improving income and a fall in provisions. Analysts had pegged the bottom line for the private sector bank at Rs 3,...
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COMMERCIAL LAW
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The government, while notifying rules affirming prior government approval for Foreign Direct Investment (FDI) from countries sharing land borders with India, has kept the New Development Bank (NDB) or BRICS Bank out of this regime...
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The government on Saturday notified 100% FDI in insurance companies under the automatic route, an official notification read. This step will open the sector to greater foreign participation while retaining key regulatory safeguard...
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GST
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The ruling aligns with the government’s stance that coaching centres are commercial entities and not educational institutions eligible for tax exemption
Cost for coaching of middle or high school students unlikely to see a reduction, as a ruling by Gujarat’s Authority for Advance Ruling (GAAR) holds that 1...
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The Securities and Exchange Board of India (Sebi) has made a representation to the secretariat of the Goods and Services Tax (GST) Council to resolve long-standing tax issues faced by investors trading in physically settled commodity derivatives.
“There are problems that we have flagged in commodity deriva...
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Insolvency
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The government is likely to introduce a confidentiality clause under group insolvency regulations to prevent the leak of sensitive information among the resolution professionals (RPs) within a corporate group and to competition, e...
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