|
|
| IMC has enhanced its digital systems to incorporate new online features. To explore these updated processes, please visit our website: https://www.imcnet.org
|
|
|
| |
|
RBI
|
|
23
Apr
|
RBI/2026-27/14
(Delhi)
Risk Management and Inter-Bank Dealings
|
|
|
|
|
18
Apr
|
RBI/2026-2027/11
(Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Branch
Authorisation) Amendment Directions, 2026
|
|
|
|
|
18
Apr
|
RBI/2026-27/12
(Delhi)
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1988 (2011)
Taliban Sanctions List: Amendment of 04 Entries
|
|
|
|
|
18
Apr
|
RBI/2026-27/13
(Delhi)
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1988 (2011)
Taliban Sanctions List: Amendment of 3 Entries
|
|
|
|
|
 |
|
|
INDIAN ECONOMY
|
|
|
The Indian economy, largely driven by consumption, has the potential to grow over 7 per cent annually even if crude oil costs USD 90-100 per barrel, industry body Assocham said on Wednesday.
India's resilience to high energy costs has increased significantly over the years, as the country has absorbed seve...
Read More
|
|
India’s private sector activity accelerated in April despite disruptions from the Middle East conflict pressuring costs and raising oil prices, with manufacturing and services rebounding after a brief cooling, a flash survey showed on Thursday.
HSBC’s flash India Composite Purchasing Managers’ Index (PMI),...
Read More
|
|
India, the world’s top importer of urea, has agreed to buy the nitrogen-based fertilizer at sharply higher prices than in a previous tender as the Middle East conflict disrupts supplies and pushes global benchmarks higher.
Indian Potash Ltd., which imports the crop nutrient for the government, will secure ...
Read More
|
|
In the western Indian village of Phulenagar, Samadhan Sonawane set up a drip irrigation system on his small onion farm using digital currency issued directly from the central bank.
The funds come from a pilot programme that is part of India's efforts to boost its e-rupee, a central bank digital currency (C...
Read More
|
|
HSBC downgraded Indian equities to "underweight" from "neutral" - its second cut in less than a month - as it expects surging energy prices triggered by the Middle East war to threaten the durability of the country's earnings recovery.
Brent crude is up 42% since the war started in late February and is cur...
Read More
|
|
State Bank of India’s (SBI) Ecowrap report has highlighted mounting challenges to the Centre’s fiscal math for the FY27, estimating the gross fiscal deficit at 4.6% of gross domestic product (GDP), higher than the budget estimate of 4.3%, due to additional spending on subsidies, excise duty cuts, and economic...
Read More
|
|
|
MARKET & FINANCE
|
|
|
Indian government bonds fell on Thursday as traders priced in the economic risks of oil surging past $100 a barrel, with Middle East tensions keeping a key energy shipping route blocked.
On Wednesday, Iran seized two ships in the Strait of Hormuz, which transits about 20% of global oil and liquefied natura...
Read More
|
|
When investors consider building wealth, they focus on returns, asset allocation, and market timing. What often gets ignored is a far simpler but far more important decision: adding a nominee.
It may seem like a small checkbox in an application form. But skipping it can leave your family dealing with tedio...
Read More
|
|
While many banks are offering less than 7% interest on their 5-year fixed deposits (FDs), the National Savings Certificate (NSC) scheme is offering as high an interest rate as 7.7%. NSC is a government-backed small savings scheme specifically designed for small-scale investors seeking a fixed income option....
Read More
|
|
|
GLOBAL CORPORATE
|
|
|
Ratings agency Moody's reported a rise in first-quarter profit on Wednesday, driven by strong demand for its research and analytics products, and raised its 2026 earnings forecast.
Strong bond issuance helped support Moody's ratings business, but investors remain cautious as borrowing activity faces pressu...
Read More
|
|
Advanced artificial intelligence tools could help cut down video game developing costs by nearly half, potentially unlocking about $22 billion in annual profits for game makers worldwide, Morgan Stanley analysts said.
The adoption of AI tools to automate tasks such as creating gaming environments, generati...
Read More
|
|
Microsoft said on Thursday that it will invest A$25 billion ($17.9 billion) in Australia by the end of 2029 to boost computing and artificial intelligence capacity, betting on growing demand for the technology in the country.
The U.S. tech giant's latest investment reflects rising demand for AI technologie...
Read More
|
|
Nestle beat first-quarter sales forecasts and stuck to its annual outlook on Thursday, riding out the impact of the Iran war though it warned about the risk of higher energy and freight costs and a needed turnaround in a tough China market.
The world's biggest packaged food company, which makes Maggi seaso...
Read More
|
|
Nokia raised the growth targets for its artificial intelligence business on Thursday, after the network gear maker beat market expectations for quarterly comparable operating profit, sending its shares to their highest level in 16 years..
Comparable operating profit jumped 54% to 281 million euros ($329 mi...
Read More
|
|
South Korea's Hyundai Motor on Thursday warned of growing business uncertainty due to the Middle East conflict after reporting a 31% drop in first-quarter operating profit.
Its cautious outlook comes after the automaker said earlier this month that its exports to Europe and North Africa, which typically tr...
Read More
|
|
|
|
|
|
|
RBI
|
|
|
Net sales growth of the select FDI companies moderated to 8.7 per cent in 2024-25 from 9.4 per cent in the previous year, according to the RBI data on finances of foreign direct investment firms.
The central bank on Wednesday released the data relating to the financial performance of non-government non-fin...
Read More
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
GLOBAL ECONOMY
|
|
|
|
Uncertain economic conditions and possible changes in interest rates could throw France's effort to trim its deficit to 3% of output by 2029 into doubt, France's fiscal watchdog said on Wednesday.
The conflict in the Middle Eas...
Read More
|
|
Turkey's central bank held its key interest rate at 37% as expected on Wednesday, deciding not to hike but warning that fallout from the Iran war could yet change the inflation outlook.
It was the second straight policy meeting...
Read More
|
|
British consumers are gloomier about the economy than at any time since records began in 1978, according to a survey published on Wednesday that showed the Iran war and soaring oil prices are taking a heavy toll on British househo...
Read More
|
|
Germany's economy ministry cut its growth forecasts for 2026 and 2027 and raised its inflation projections on Wednesday, as the Iran war drives up oil and gas prices.
The government now expects 0.5% growth for 2026, down from a...
Read More
|
|
South Korea's economy delivered its fastest growth in nearly six years last quarter, smashing forecasts as booming chip exports rode a global surge in AI investment, though rising risks from the Middle East war threaten to cut int...
Read More
|
|
Japan's manufacturing activity expanded at its strongest pace in four years in April as firms boosted production over concerns about potential supply shortages due to rising tensions in the Middle East, a private-sector survey sho...
Read More
|
|
New Zealand's economic recovery has been delayed but not derailed, Finance Minister Nicola Willis said on Thursday after the Iran conflict lifted fuel costs and dented business and consumer sentiment.
Willis said Treasury's bes...
Read More
|
|
|
INDIAN CORPORATE
|
|
|
India has emerged as the worst-performing new market globally for Tesla Inc, highlighting the challenges the Elon Musk-led electric vehicle maker faces despite a rapidly expanding luxury EV segment in the country.
On April 22, th...
Read More
|
|
Singapore Airlines Ltd. is deepening its operational involvement in Air India Ltd., as the carrier battles record losses and recent safety lapses draw increasing concern, according to people familiar with the matter.
SIA has mo...
Read More
|
|
Maruti Suzuki India Ltd on Thursday said it recorded its highest-ever annual production at 23.4 lakh units in FY26, becoming the only passenger vehicle maker in India to achieve the milestone, as per SIAM data.
The company al...
Read More
|
|
Tech Mahindra reported a 20.5% sequential growth in net profit to Rs 1,353.8 crore and a 4.7% growth in revenue to Rs 15,076.1 crore for the March quarter, driven by a ramp-up in revenue and favourable currency exchange.
The co...
Read More
|
|
Mukesh Ambani’s Jio Financial Services and German financial major Allianz Group have entered into a binding agreement to form a 50:50 joint venture for the insurance business. The joint venture will primarily focus on general insu...
Read More
|
|
Tech Mahindra posted 20.66% sequential rise in net profit for the fourth quarter of the fiscal at Rs 1,353.8 crore (Q3: Rs 1,122 crore), buoyed by healthy revenue growth and the absence of one-off expenses on account of new labour...
Read More
|
|
|
|
|
|
|
|
|
|
|
Insolvency
|
|
|
The government may allow creditors to sell or transfer assets of a guarantor even while insolvency proceedings are underway. The Insolvency and Bankruptcy Board of India (IBBI) has proposed a framework under which a creditor that ...
Read More
|
|
|
|
|
|
|
|
|
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 .
|
|
|
|
|
|