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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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13
Dec
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Ananta Quest (Kindly use code : AWYV75 and avail 75% discount specially for IMC members)
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INCOME TAX
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8
Dec
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Notification No. 167/2025
(Delhi)
S.O. 5599(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961
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8
Dec
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Notification No. 168/2025
(Delhi)
S.O. 5600(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961
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8
Dec
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Notification No. 169/2025
(Delhi)
S.O. 5601(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961
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RBI
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10
Dec
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RBI/DOR/2025-26/221
(Delhi)
Reserve Bank of India (Payments Banks – Miscellaneous) Directions, 2025
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10
Dec
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RBI/DOR/2025-26/222
(Delhi)
Reserve Bank of India (Local Area Banks – Acquisition and Holding of Shares or Voting Rights) Directions, 2025
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10
Dec
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RBI/DOR/2025-26/223
(Delhi)
Reserve Bank of India (Local Area Banks - Voluntary Amalgamation) Directions, 2025
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10
Dec
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RBI/2025-26/224
(Delhi)
Reserve Bank of India (Local Area Banks - Branch Authorisation) Directions, 2025
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10
Dec
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RBI/DOR/2025-26/383
(Delhi)
Reserve Bank of India (Local Area Banks – Digital Banking Channels Authorisation) Directions, 2025
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10
Dec
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RBI/DOR/2025-26/225
(Delhi)
Reserve Bank of India (Local Area Banks - Governance) Directions, 2025
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10
Dec
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RBI/DOR/2025-26/226
(Delhi)
Reserve Bank of India (Local Area Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025
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10
Dec
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RBI/DOR/2025-26/227
(Delhi)
Reserve Bank of India (Local Area Banks - Prudential Norms on Capital Adequacy) Directions, 2025
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10
Dec
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RBI/DOR/2025-26/228
(Delhi)
Reserve Bank of India (Local Area Banks – Interest Rate on Deposits) Directions, 2025
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10
Dec
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RBI/DOR/2025-26/229
(Delhi)
Reserve Bank of India (Local Area Banks – Credit Facilities) Directions, 2025
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10
Dec
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RBI/DOR/2025-26/230
(Delhi)
Reserve Bank of India (Local Area Banks – Debit Cards: Issuance and Conduct) Directions, 2025
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10
Dec
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RBI/DOR/2025-26/231
(Delhi)
Reserve Bank of India (Local Area Banks – Credit Information Reporting) Directions, 2025
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10
Dec
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RBI/DOR/2025-26/232
(Delhi)
Reserve Bank of India (Local Area Banks – Credit Risk Management) Directions, 2025
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10
Dec
|
RBI/DOR/2025-26/234
(Delhi)
Reserve Bank of India (Local Area Banks - Transfer and Distribution of Credit Risk) Directions, 2025
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10
Dec
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RBI/DOR/2025-26/235
(Delhi)
Reserve Bank of India (Local Area Banks - Interest Rates on Advances) Directions, 2025
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8
Dec
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RBI/DOR/2025-26/201
(Delhi)
Reserve Bank of India (Small Finance Banks – Responsible Business Conduct) Directions, 2025
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8
Dec
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RBI/DOR/2025-26/202
(Delhi)
Reserve Bank of India (Small Finance Banks – Managing Risks in Outsourcing)
Directions, 2025
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8
Dec
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RBI/DOR/2025-26/203
(Delhi)
Reserve Bank of India (Small Finance Banks - Climate Finance and Management of Climate Change Risks) Directions, 2025
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8
Dec
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RBI/DoR/2025-26/204
(Delhi)
Reserve Bank of India (Small Finance Banks – Miscellaneous) Directions, 2025
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8
Dec
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RBI/DOR/2025-26/205
(Delhi)
Reserve Bank of India (Payments Banks – Acquisition and Holding of Shares or Voting Rights) Directions, 2025
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8
Dec
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RBI/DoR/2025-26/206
(Delhi)
Reserve Bank of India (Payments Banks – Voluntary Amalgamation) Directions, 2025
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8
Dec
|
RBI/DOR/2025-26/207
(Delhi)
Reserve Bank of India (Payments Banks - Branch Authorisation) Directions, 2025
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8
Dec
|
RBI/DOR/2025-26/382
(Delhi)
Reserve Bank of India (Payments Banks – Digital Banking Channels Authorisation) Directions, 2025
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8
Dec
|
RBI/DOR/2025-26/208
(Delhi)
Reserve Bank of India (Payments Banks – Undertaking of Financial Services) Directions, 2025 (Updated as on December 05, 2025)
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8
Dec
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RBI/DOR/2025-26/209
(Delhi)
Reserve Bank of India (Payments Banks - Governance) Directions, 2025
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8
Dec
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RBI/DOR/2025-26/210
(Delhi)
Reserve Bank of India (Payments Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Directions, 2025
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8
Dec
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RBI/DOR/2025-26/211
(Delhi)
Reserve Bank of India (Payments Banks– Prudential Norms on Capital
Adequacy) Directions, 2025
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8
Dec
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RBI/DOR/2025-26/212
(Delhi)
Reserve Bank of India (Payments Banks – Interest Rate on Deposits) Directions, 2025
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8
Dec
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RBI/DOR/2025-26/213
(Delhi)
Reserve Bank of India (Payments Banks – Debit Cards: Issuance and Conduct) Directions, 2025
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8
Dec
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RBI/DOR/2025-26/214
(Delhi)
Reserve Bank of India (Payments Banks – Classification, Valuation, and Operation of Investment Portfolio) Directions, 2025
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8
Dec
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RBI/DOR/2025-26/215
(Delhi)
Reserve Bank of India (Payments Banks – Asset Liability Management) Directions, 2025
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8
Dec
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RBI/DOR/2025-26/216
(Delhi)
Reserve Bank of India (Payments Banks – Financial Statements: Presentation and Disclosures) Directions, 2025
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8
Dec
|
RBI/DOR/2025-26/217
(Delhi)
Reserve Bank of India (Payments Banks – Prudential Norms on Declaration of Dividend) Directions, 2025
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8
Dec
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RBI/DOR/2025-26/218
(Delhi)
Reserve Bank of India (Payments Banks – Know Your Customer) Directions, 2025
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8
Dec
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RBI/DOR/2025-26/219
(Delhi)
Reserve Bank of India (Payments Banks - Responsible Business Conduct) Directions, 2025
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8
Dec
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RBI/DOR/2025-26/220
(Delhi)
Reserve Bank of India (Payments Banks – Managing Risks in Outsourcing) Directions, 2025
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INDIAN ECONOMY
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More Indian employers plan to hire in the coming quarter despite an overall moderation in hiring volumes, especially at large enterprises, according to a survey by ManpowerGroup.
Around 63% of 3,051 Indian employers said they would hire more people in the March quarter while 11% expect a decrease in hiring...
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As per a new Mexican Senate decision on tariffs, Asian countries, including China and India, will be hit with new duties of up to 50% in the new year, according to a Reuters report. The bill in question passed with 76 votes in favour and five against it. 35 abstentions were also recorded.
In a move similar...
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Just 1% of Indians hold about 40% of total wealth in the country, making income inequality in India among the highest in the world and “showing little improvement”, according to the World Inequality Report 2026, released on Wednesday.
The report, edited by economists Lucas Chancel, Ricardo Gómez-Carrera, Row...
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Commerce and Industry Minister Piyush Goyal stated that negotiations for the India-EU free trade agreement are progressing, and a preliminary outline of the pact has been prepared. He said both sides are committed to an early conclusion of the deal.
The minister said that a rough outline of a free trade ag...
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The Asian Development Bank on Wednesday raised India’s growth outlook for 2025-26 to 7.2%, a 0.7-percentage-point upgrade driven by stronger July-September quarter performance and a clear boost to consumption following recent tax cuts.
The forecast for 2026–27, however, remains unchanged at 6.5%....
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Latest in the India-US trade deal– India’s Commerce Secretary Rajesh Agrawal met US Deputy Trade Representative Rick Switzer to discuss bilateral trade and economic ties, the government said on Wednesday.
In a post on X, the commerce ministry said “The two sides exchanged views on matters related to India-...
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MARKET & FINANCE
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On Wednesday, December 10, Foreign Portfolio Investors/ Foreign Institutional Investors (FPIs/FIIs) net sold Indian equities worth Rs 1,651 crore. Meanwhile, Domestic Institutional Investors (DIIs) bought Indian equities worth Rs 3,752 crore, as per data on the exchanges.
DIIs bought shares worth Rs 16,869...
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This year saw a record amount of mergers and acquisitions in the crypto world, but those gains are now being shaken by the recent drop in digital asset prices which were boosted earlier by a more crypto-friendly US administration, a Bloomberg report said.
Riding that political momentum, big crypto companie...
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Prime Minister Narendra Modi has exhorted citizens to check whether they or their family members have unclaimed deposits in banks, mutual funds, insurance policies or dividends, worth over Rs 1 lakh crore. The PM said the time has come to reclaim what is rightfully theirs.
Calling it a “Your Money, Your Ri...
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GLOBAL CORPORATE
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China's trade surplus topped $1 tn this year despite US tariff pressure, data released on Monday showed. The two countries have reached a fragile truce in their trade war, and Beijing's strategy of diversifying its exports and moving into advanced manufacturing is strengthening its negotiating position.
The ...
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Oil buyers in Asia are demanding deep discounts on Venezuelan crude due to a flood of sanctioned oil from Russia and Iran on offer and to heightened risk of loading in the South American country as the U.S. boosts its military presence in the Caribbean, traders and other sources said.
President Donald Trum...
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U.S. Trade Representative Jamieson Greer on Wednesday said he would discuss a trade deal with his Indonesian counterpart, after an American official said an agreement reached between the two nations in July was at risk of collapsing. Greer declined to discuss the state of the trade talks with Indonesia, sayin...
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RBI
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The Reserve Bank of India is expected to keep its policy repo rate unchanged at 5.25% through the next fiscal year after a 25-basis-point cut earlier this month, according to BMI, part of Fitch Solutions. The firm also forecast the rupee at near 90/USD by this month-end and around 90.5/USD in 2026.
The com...
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Banking
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The Indian banking sector could be due for a rise in profitability after several quarters of net interest margin (NIM) compression.
The Q2FY26 results suggest NIMs have bottomed out.
Credit costs could also fall given moderating stress in unsecured retail and microfinance institutions (MFIs)....
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Vehicle finance portfolios of NBFCs are projected to reach ?11 lakh crore by March 2027, growing at a steady 16–17% annually in the current and next fiscal, supported by policy measures and favourable macroeconomic conditions, according to Crisil.
The AUM growth of NBFCs will largely be led by used vehicle...
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GLOBAL ECONOMY
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| Trade Report |
| Country |
Month |
Link |
| Switzerland |
July 2019 |
Click |
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The U.S. government posted a lower $173 billion deficit in November as tariffs on imports helped to boost revenues, the Treasury Department said on Wednesday.
The deficit last month was down $193 billion, or 53%, from the $367 ...
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Mexico's economy is solid and resilient, central bank chief Victoria Rodriguez said in a financial stability report on Wednesday, even as domestic financial risks increased.
The banking system of Latin America's second-largest ...
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Federal Reserve Chair Jerome Powell said Wednesday that the current overshooting of the central bank's 2% inflation target is mostly the result of President Donald Trump's import tax hikes.
"It's really tariffs that are causing...
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Australian employment fell in November by the most in nine months, while annual jobs growth slowed sharply from earlier this year, a sign the labour market is cooling and could ease pressure for a near-term rate hike.
Figures f...
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Japan's government plans to introduce additional tax breaks to spur corporate investment, the Nikkei business daily reported on Thursday - a move which comes despite growing concerns in financial markets about the country's rising...
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The World Bank on Thursday said China's economy held firm in the third quarter of 2025, bringing year-to-date GDP growth to 5.2% year on year.
In its latest China Economic Update, the lender estimated full-year growth at 4.9% a...
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INDIAN CORPORATE
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Anil Agarwal-led Vedanta Ltd on Wednesday announced that the company will pump in Rs one lakh crore in Rajasthan to double its production across its verticals.
Speaking at the Pravasi Rajasthani Divas, Agarwal said the group wi...
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Vietnamese conglomerate Vingroup has signed a memorandum of understanding (MoU) with the Telangana government to explore multi-sector investments of up to $3 billion, signalling its expansion in India beyond electric vehicles into...
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Waaree Energies on Wednesday said it has achieved a historic milestone by becoming the first solar panel manufacturer in India to produce over 1 GW (gigawatt) of solar modules in a single month.
This record output, achieved in ...
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The world’s largest online retailer, Amazon, on Wednesday said that it plans to invest over $35 billion in India by 2030. The new commitment adds to the $40 billion the company has already invested in the country since entering th...
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Prestige Estates is aiming for sales of about ?1 lakh crore in the coming years—roughly five times its FY25 sales—as the developer ramps up launches and builds out one of the sector’s largest pipelines.
Rs 1 Lakh Crore Pipelin...
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A US bankruptcy court has reversed a USD 1 billion damages ruling against Byju Raveendran, according to a statement from the founders of Think and Learn Pvt Ltd – the parent firm of ed-tech platform Byju’s.
The Delaware Court h...
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GST
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GST 2.0 has, by and large, settled in. RBI pegs GDP growth at roughly 6.8%, and international agencies continue to endorse India's resilient growth prospects. Revenue collections remain buoyant despite significant rate rationalisations and fewer slabs. But the upbeat headline masks two persistent weaknesses: ...
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