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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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23
Apr
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PHDCCI - IMC: Business Delegation from Trinidad and Tobago (Country in the Caribbean)
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RBI
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14
Apr
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RBI/2026-27/10
(Delhi)
Master Direction - Reserve Bank of India (Non-resident Investment in Debt
Instruments) Directions, 2025 amendment
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14
Apr
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RBI/2026-27/09
(Delhi)
Formation of new districts in the State of Andhra Pradesh – Assignment of Lead Bank Responsibility
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14
Apr
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RBI/2026-27/08
(Delhi)
Guidelines to facilitate faster cross-border inward payments
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INDIAN ECONOMY
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Union Coal and Mines Minister G. Kishan Reddy on Monday (April 13, 2026) said more than 200 million tonnes of coal stock adequate for 90 days is available in the country.
Speaking to reporters on the sidelines of a roadshow organised by the Mines Ministry on the 7th Tranche Auction of critical mineral blocks...
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The government's mandate for central public sector enterprises to use the Trade Receivables Discounting System (TReDS) to settle small business invoices is likely to result in an over 70 per cent jump in the volumes on such platforms in FY27, a major industry player has said.
"With PSU payments becoming ma...
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India's edible oils imports rose 12 per cent annually to 11.73 lakh tonne in March on higher shipments of crude palm oil, and the imports may be subdued in coming months due to firm global prices and high freight cost amid the West Asia conflict, according to industry body SEA.
In a statement on Monday, th...
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The government Monday imposed curbs on imports of Glufosinate and its salts, a herbicide used in the agriculture sector, for six months.
“The import of Glufosinate and its salts... shall be restricted where the combined amount of the CIF (cost, insurance, freight) value and applicable anti-dumping duty, ca...
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Net sales of non-financial private companies increased at a slower pace of 11.4 per cent in 2024-25 as compared to 11.7 per cent in the previous year, according to Reserve Bank data released on Monday.
The RBI released data relating to financial performance of non-government non-financial (NGNF) private l...
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The Centre will likely roll out a low-cost credit card scheme for micro businesses later this month, in a move aimed at sharply reducing borrowing costs and easing working capital stress among smaller businesses.
The proposed scheme will offer unsecured credit cards with a limit of up to Rs 5 lakh for micr...
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India’s headline retail inflation rose to a 13-month high of 3.4% year-on-year in March, edging up from 3.21% in February, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI) on Monday. The increase was largely driven by higher food, fuel and gold prices.
The impac...
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The government on Monday urged citizens to shift to induction cookstoves amid pressure on domestic LPG supplies, while indicating that adoption of flex-fuel vehicles is expected to gain traction to reduce dependence on crude oil imports.
Officials said the push towards alternative cooking solutions such as...
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GLOBAL CORPORATE
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MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today announced that John Dietrich will step down as executive vice president and chief financial officer on June 1 upon successful completion of the spin-off of FedEx Freight into a new publicly traded company. He will remain with the company until Jul...
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Amazon is in advanced talks to acquire satellite telecom group Globalstar, a deal that would bolster the tech major's push to build its own satellite operation, Bloomberg News reported on Monday.
A transaction could be announced as soon as Tuesday, the report said, citing people familiar with the matter....
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Goldman Sachs posted a rise in first-quarter profit on Monday, as the Wall Street bank benefited from strength in dealmaking and equities trading. Global markets have been roiled by the Iran war as rising crude oil prices fan inflation fears and exacerbate worries about a recession.
The heightened volatili...
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Banking
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State-run Bank of Baroda on Monday announced a tie-up with Reliance Jio to help anyone access its mobile banking application from the feature phones sold by the telco.
Under the partnership, 'bob World Lite', a comprehensive mobile banking app designed specifically for feature phone users will be available...
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GLOBAL ECONOMY
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Singapore's economy grew by 4.6% in the first quarter from a year earlier, preliminary government data showed on Tuesday.
Economists polled by Reuters had expected annual growth of 5.9% in the January-March period.
On a quar...
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INDIAN CORPORATE
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US defence major GE Aerospace on Monday announced firming up of a contract with the Indian Air Force (IAF) to set up a maintenance facility for its F404-IN20 jet engines which are powering India's Tejas light combat aircraft fleet...
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Realty firm Krisumi Corporation Ltd, a joint venture between Japan's Sumitomo Corporation and Krishna Group, will further invest around Rs 4,500 crore over the next 6-7 years on its ongoing 33.5 acre luxury housing project in Guru...
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The Bajaj Group is set to diversify into the healthcare sector with an initial investment of Rs 2,000- 2,500 crore as part of an ambitious strategy to create a nationwide integrated healthcare network that will eventually evolve i...
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Life Insurance Corporation of India, the country’s biggest institutional investor and the second-largest state company by market value, would issue bonus shares in a 1:1 ratio in the first such shareholder reward since its public ...
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India's largest gas distributor GAIL (India) is planning to set up a 600 MW greenfield solar power project in Uttar Pradesh at an estimated cost of Rs 3,294.86 crore, the company said on Monday.
The project will include 600 MW ...
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Walmart-owned Flipkart group on Monday appointed Sharon Pais as the new Head of Myntra, effective immediately, marking a key leadership transition ahead of its potential IPO. Pais, who will report directly to Flipkart CEO Kalyan K...
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Chitale Bandhu Mithaiwale, an ethnic snacks company based in Pune, is set to open a new sweets and savouries manufacturing plant in Ranje village, Bhor Taluka near Pune. This year, Chitale is also entering the quick-service restau...
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Air India has taken delivery of its first refurbished Boeing 787-8, marking a key milestone in the Tata Group-owned airline’s ongoing widebody modernisation programme. The aircraft, registered VT-ANT, underwent a comprehensive cab...
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SMBC sees India as its most critical Asian market having committed $7 billion to the country and elevated it to a single country global division. Hiroyuki Mesaki, CEO, SMBC India, tells Mahesh Nayak that there are clear synergies ...
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ICICI Prudential AMC, the second biggest fund house of India in terms of managed assets, reported a 24.43% year-on year growth in net profit — from 2,651 crore to Rs 3,298 crore – in FY26 on Monday. In the fourth quarter, it recor...
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Godrej Industries on Monday announced a major leadership transition across the Godrej Industries Group (GIG), marking a planned generational succession. Nadir Godrej will step down as chairperson later this year, and Pirojsha Godr...
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