January 16, 2026

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19
Jan

Roundtable on “Vietnam–India Strategic Partnership in the Coffee Industry”

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19
Jan

Virtual B2B Meeting on Furniture Sector Indonesia-India

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Notifications

 
RBI

14
Jan

RBI/2025-26/193 (Delhi)
Modified Interest Subvention Scheme for Short Term Loans for Agriculture and Allied Activities availed through Kisan Credit Card (KCC) during the financial year 2025-26

14
Jan

RBI/CEPD/2025-26/381 (Delhi)
Reserve Bank of India (Small Finance Banks - Internal Ombudsman) Directions, 2026

14
Jan

RBI/CEPD/2025-26/382 (Delhi)
Reserve Bank of India (Small Finance Banks - Internal Ombudsman) Directions, 2026

14
Jan

RBI/CEPD/2025-26/383 (Delhi)
Reserve Bank of India (Payments Banks - Internal Ombudsman) Directions, 2026

14
Jan

RBI/CEPD/2025-26/384 (Delhi)
Reserve Bank of India (Non-Banking Financial Companies - Internal Ombudsman) Directions, 2026

14
Jan

RBI/CEPD/2025-26/385 (Delhi)
Reserve Bank of India (Non-Bank Prepaid Payment Instruments Issuers - Internal Ombudsman) Directions, 2026

14
Jan

RBI/CEPD/2025-26/386 (Delhi)
Reserve Bank of India (Credit Information Companies - Internal Ombudsman) Directions, 2026

12
Jan

RBI/2025-26/189 (Delhi)
Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Amendment Directions, 2026

12
Jan

RBI/2025-26/190 (Delhi)
Reserve Bank of India (Small Finance Banks - Prudential Norms on Capital Adequacy) Amendment Directions, 2026

12
Jan

RBI/2025-26/191 (Delhi)
Reserve Bank of India (All India Financial Institutions (AIFIs) - Prudential Norms on Capital Adequacy) Amendment Directions, 2026

12
Jan

RBI/2025-26/192 (Delhi)
Foreign Exchange Management (Guarantees) Regulations, 2026

12
Jan

No. FEMA 8(R)/2026-RB (Delhi)
Foreign Exchange Management (Guarantees) Regulations, 2026

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INDIAN ECONOMY

Rising Chinese imports may trigger more trade curbs in India: S&P Global

China’s exports to emerging Asia markets, including India and other southeast Asian countries is likely to face stiff resistance over both domestic and international pressures, a report by S&P Global Ratings said on January 14. The report said the Chinese exports to emerging Asian economies have risen in t...

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Tariffs didn’t choke exports: India cuts US dependence, redirects trade to West Asia and Asia, says report

India's export market in recent months has shown a clear post-tariff rebalancing, with the country reducing its dependence on the United States and expanding its presence across other geographies, highlighted a report by Elara Securities. According to the report, India's export market composition reflects ...

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India's merchandise trade deficit marginally widens to $25 billion in December

India's merchandise trade deficit in December has widened marginally to $25.04 billion, with the overall exports likely to cross $850 billion in the current fiscal. In November, the merchandise trade deficit had narrowed significantly to $24.53 billion. The country's merchandise exports rose from $37.8 ...

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Indian exports to China rise in 2025 but trade deficit touches record high of $116 billion

Beijing, India's exports to China posted a USD 5.5 billion increase compared to last year bucking the declining trend even as the trade deficit hit a record USD 116.12 billion, as per the annual trade data released by Chinese customs here on Wednesday. Bilateral trade, too, surged to an all time high to US...

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India’s Russia oil trade may dip again, stranding cargoes at sea

India’s buying of Russian crude is likely to stabilize or even decline this month, leaving more cargoes from the OPEC+ producer stranded and pushing the world’s third-largest oil importer to look to pricier alternatives. Ship-tracking data and people familiar with the matter point to a dip that would come ...

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Maharashtra tops NITI Aayog’s Export Preparedness Index

Maharashtra has emerged as the top-performing state in NITI Aayog’s Export Preparedness Index (EPI) 2024, reaffirming its position as India’s leading export hub. With a score of 68.01, the state secured first rank among large states, ahead of Tamil Nadu (64.41) and Gujarat (64.02), which followed in second...

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GLOBAL CORPORATE

Taiwan's chipmaking giant TSMC logs net profit jump on AI boom

Taiwanese chipmaking titan TSMC announced Thursday a forecast-busting net profit for the fourth quarter in a sign of sustained global demand for artificial intelligence technology. TSMC is the world's biggest contract maker of microchips used in everything from Apple phones to Nvidia's cutting-edge AI hard...

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South Korea to Keep Monitoring US Chip Tariffs to Minimise Impact, Industry Minister Says

South Korean Industry Minister Kim Jung-kwan said on Thursday that the government will keep monitoring developments on U.S. tariffs on certain AI semiconductor chips to minimise the impact on local industries, according to a ministry statement. The ministry met with officials from South Korean semiconducto...

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Global trade finance gap at $2.5 trillion as global trade tensions rise, ADB says

Financial institutions globally failed to meet $2.5 trillion in financing that companies needed for trade last year, holding back the global economy, according to a new survey by the Asian Development Bank. Though the figure was unchanged since the last survey in 2023, ADB head of trade and supply chain fi...

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Forget Trump's tariffs. The real danger lies in China's trade surplus

China has announced trillion-dollar-plus trade surplus that poses a greater danger to world commerce than President Trump's tariffs. China's trade surplus -- the amount by which its exports exceed its imports -- hit a staggering $1.19 trillion in 2025, according to official numbers released on Wednesday. T...

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US sees drop in foreign visitors in 2025 even as global tourism spending rises

The United States recorded a 6% fall in foreign visitors in 2025, even as global tourism continued to expand and spending rose worldwide, according to the World Travel and Tourism Council. The decline came as international travel spending grew 6.7% from the previous year, driven by strong demand in Europe and...

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Donald Trump says no tariffs on rare earths, critical minerals for now; will seek overseas supplies

U.S. President Donald Trump said on Wednesday he had opted for now against imposing tariffs on rare earths, lithium and other critical minerals, and instead ordered his administration to seek supplies from international trading partners. The move defers a decision on duties that could further roil the U.S....

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INCOME TAX

Tax department issues notices to 4–5 foreign digital firms over permanent establishment

The tax department has issued notices to as many as five large foreign digital companies, saying their activities in India meet the threshold of a permanent establishment (PE), sources aware of the development said. These companies are preparing to contest the assessments, challenging them at the assessing...

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Banking

RBI issues norms for internal ombudsman in banks, NBFCs

The Reserve Bank on Wednesday issued guidelines for the appointment and functioning of internal ombudsman in banks and NBFCs with an aim to strengthen the mechanism for resolution of customer grievances within regulated entities. The Reserve Bank of India (RBI) has issued separate directions for commercial...

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New forex risk capital rules from April 2027

The Reserve Bank of India (RBI) Wednesday issued new banking rules on calculating capital charges for foreign exchange risk, seeking to align the country's currency risk governance with international standards. Banks must compute foreign exchange risk capital requirements on a continuous basis at both consoli...

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Loan-deposit ratio to stay high, banks set to go for CDs, bonds

Credit growth is expected to continue outpacing deposit mobilisation in the current financial year and the next, prompting banks to bridge the funding gap through increased issuance of certificate of deposits, analysts at India Ratings said. The pace of rise in bank profitability is likely to bottom out th...

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Indian Overseas Bank quarter 3 profit jumps 56% to Rs 1,365 crore

Indian Overseas Bank (IOB) reported a 56% year-on-year jump in net profit at Rs 1,365 crore for the third quarter, extending its Rs 1,000-crore-plus quarterly profit run to the fourth straight quarter since March 2025. Total income rose 15% year-on-year to Rs 9,672 crore, driven by growth in both interest ...

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Union Bank beats estimates, profit jumps to Rs 5,017 crore

Union Bank of India‘s Bank of India’s net profit for the quarter ended December was up 9% on year to Rs 5,017 crore beating analysts estimate. According to Bloomberg estimates, the lender was expected to report a net profit of Rs 3,872 crore. The rise in bottom-line was due to a sharp fall in provisions and a...

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RBI approves Japan’s SMBC to set up wholly owned subsidiary in India

The Reserve Bank of India (RBI) on Friday granted in-principle approval to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) to establish a wholly owned subsidiary (WOS) in India under the RBI’s setting up of wholly owned subsidiaries by Foreign Banks Guidelines, 2025. With this approval, SMBC is set to beco...

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GLOBAL ECONOMY

Exodus of immigrants a hit for the US economy, Brookings study says

US President Donald Trump's hardline immigration policies have produced a sharp slowdown in net migration that looks set to continue in 2026, a new study says. The number of immigrants who left the United States in 2025 very li...

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Japan's Wholesale Inflation Slows, Import Costs Flatten on Weak Yen

Japan's wholesale inflation slowed in the year to December on sliding fuel costs, data showed on Thursday, a sign falling crude oil prices were offering some relief to companies facing rising labour and other raw material costs. ...

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Bank of Korea Signals End to Easing Cycle After Standing Pat to Safeguard FX Stability

South Korea's central bank on Thursday signalled an end to its current easing cycle after keeping its benchmark interest rate unchanged, prioritising financial stability in its first policy meeting of the year as the won hovered a...

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UK Economy Bounces Back in November, Boosted by JLR Recovery

Britain's economy grew more strongly than expected in November, boosted by the return to full production at Jaguar Land Rover after a cyberattack which hit the carmaker and its suppliers. Gross domestic product expanded by 0.3%...

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German Wholesale Prices Rise 1.2% Y/y in December

German wholesale prices rose by 1.2% in December compared with the same month the year before, according to data released by the federal statistics office on Thursday. The office offers more detailed economic data on its websit...

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China Central Bank to Cut Policy Tool Rates by 25 Bps

China will cut interest rates on various structural monetary policy tools by 25 basis points and boost its re-lending programme for supporting tech innovation by 400 billion yuan ($57.37 billion) to 1.2 trillion yuan, the central ...

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French Inflation Confirmed at 0.7% in December

Consumer prices in France rose 0.7% year-on-year in December, statistics office INSEE said on Thursday, matching the preliminary reading published earlier this month and a Reuters poll of analysts. The EU-harmonised inflation r...

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Spain's Final 12-Month EU-Harmonised Inflation at 3.0% in December

Spain's European Union-harmonised 12-month inflation rate fell to 3.0% in December, down from 3.2% in the period through November, final data released by the National Statistics Institute (INE) showed on Thursday. The INE's fin...

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China's December New Bank Loans Beat Forecast as Stimulus Juices Credit Demand

New bank loans in China rose quicker than expected in December, as government stimulus measures appeared to gradually whet appetite for credit long suppressed by a property market crisis and tepid domestic demand. Chinese banks...

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China's Growth Set to Slow to 4.5% in 2026, Raising Pressure on Policymakers: Reuters Poll

China’s economic growth is likely to slow to 4.5% in 2026 and maintain the same pace in 2027, a Reuters poll showed, piling pressure for more stimulus as policymakers look to address deep structural vulnerabilities to underpin the...

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US economic activity shows broad-based stability ahead of Fed meeting

Economic activity expanded across most regions of the United States in recent weeks, while employment conditions remained largely steady, according to the Federal Reserve’s latest Beige Book report released on Wednesday. The asses...

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US current account deficit contracts sharply in the third quarter

The U.S. current account deficit narrowed sharply in the third quarter as tariffs weighed on imports and primary income surged. The Commerce Department's Bureau of Economic Analysis said on Wednesday the current account deficit...

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Energy does the heavy lifting: US November wholesale inflation rises 0.2%

US PPI data rose slightly in November, mainly because gasoline and other energy prices went up. At the same time, many businesses appear to be absorbing higher costs from import tariffs instead of passing them on to customers. ...

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INDIAN CORPORATE

Tesla’s India letdown spurs discounts on unsold Model Y SUVs

Tesla Inc. is struggling to offload about a third of the initial vehicles it imported to India last year, as some prospective buyers who made early bookings have backed out, according to people familiar with the matter. Sluggis...

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Unacademy to exit company-owned offline centres, convert to franchise model by April

SoftBank-backed edtech firm Unacademy will shut down all its company-operated offline coaching centres and convert them into franchise partnerships by April, co-founder and chief executive Gaurav Munjal told employees in an intern...

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Infosys lifts FY26 revenue guidance on deal momentum

The country’s second largest IT services firm, Infosys, on Wednesday raised its revenue growth guidance for FY26, signalling that a prolonged slowdown in global corporate technology spending is beginning to ease, even as quarterly...

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COMMERCIAL LAW

FDI inflows surge $51 billion in 6 months as govt pushes manufacturing, startup collaboration: DPIIT Secy

India has received foreign direct investment (FDI) worth USD 51 billion in the last six months, reflecting sustained global confidence in the country's growth story, Amardeep Singh Bhatia, Secretary, Department for Promotion of In...

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