May 05, 2026

Personalised for *|FNAME|*

Sign In | Forward to Friend

IMC has enhanced its digital systems to incorporate new online features. To explore these updated processes, please visit our website: https://www.imcnet.org

IMC EVENTS

NOTICE

OTHER EVENTS

 

5
May

Invitation – Best Annual Report Awards

Click here for more details

IMC ERTF Blogs

Notifications

 
RBI

4
May

RBI/2026-27/39 (Delhi)
Reserve Bank of India (Urban Co-operative Banks – Concentration Risk Management) – Amendment Directions, 2026

4
May

RBI/2026-27/42 (Delhi)
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1988 (2011) Taliban Sanctions List: Amendment of 17 Entries

4
May

RBI/2026-27/40 (Delhi)
Reserve Bank of India (Urban Co-operative Banks – Credit Facilities) – Amendment Directions, 2026

4
May

RBI/2026-27/41 (Delhi)
Reserve Bank of India (Urban Co-operative Banks – Financial Statements: Presentation and Disclosures) – Second Amendment Directions, 2026

4
May

RBI/2026-27/43 (Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Registration, Exemptions and Framework for Scale Based Regulation) Amendment Directions, 2026

4
May

RBI/2026-27/44 (Delhi)
Reserve Bank of India (Commercial Banks – Resolution of Stressed Assets) Second Amendment Directions, 2026

4
May

RBI/2026-27/45 (Delhi)
Reserve Bank of India (Commercial Banks – Income Recognition, Asset Classification and Provisioning) Amendment Directions, 2026

1
May

RBI/2026-27/21 (Delhi)
Reserve Bank of India (Urban Co-operative Banks – Undertaking of Financial Services) – Amendment Directions, 2026

1
May

RBI/2026-27/29 (Delhi)
Reserve Bank of India (Commercial Banks – Credit Cards and Debit Cards: Issuance and Conduct) - Amendment Directions, 2026

1
May

RBI/2026-27/30 (Delhi)
Reserve Bank of India (Commercial Banks – Asset Liability Management) - Amendment Directions, 2026

1
May

RBI/2026-27/31 (Delhi)
Reserve Bank of India (Non-Operative Financial Holding Companies)- Amendment Directions, 2026

1
May

RBI/2026-27/32 (Delhi)
Reserve Bank of India (Urban Cooperative Banks – Resolution of Stressed Assets)- Amendment Directions, 2026

1
May

RBI/2026-27/34 (Delhi)
Reserve Bank of India (Commercial Banks – Classification, Valuation, and Operation of Investment Portfolio)- Amendment Directions, 2026

1
May

RBI/2026-27/35 (Delhi)
Reserve Bank of India (Commercial Banks – Financial Statements: Presentation and Disclosures)- Seventh Amendment Directions, 2026

1
May

RBI/2026-27/22 (Delhi)
Reserve Bank of India (Commercial Banks – Undertaking of Financial Services) – Second Amendment Directions, 2026

1
May

RBI/2026-27/24 (Delhi)
Reserve Bank of India (Commercial Banks - Transfer and Distribution of Credit Risk) Amendment Directions, 2026

1
May

RBI/2026-27/25 (Delhi)
Reserve Bank of India (Commercial Banks – Credit Facilities) Second Amendment Directions, 2026

1
May

RBI/2026-27/26 (Delhi)
Reserve Bank of India (Commercial Banks – Credit Risk Management) - Second Amendment Directions, 2026

1
May

RBI/2026-27/27 (Delhi)
Reserve Bank of India (Commercial Banks - Concentration Risk Management) - Second Amendment Directions, 2026

1
May

RBI/2026-27/28 (Delhi)
Reserve Bank of India (Commercial Banks – Treatment of Wilful Defaulters and Large Defaulters) - Amendment Directions, 2026

1
May

RBI/2026-27/33 (Delhi)
Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Fourth Amendment Directions, 2026

1
May

RBI/2026-27/36 (Delhi)
Reserve Bank of India (Commercial Banks – Income Recognition, Asset Classification and Provisioning) Repeal Directions, 2026

1
May

RBI/2026-27/37 (Delhi)
Master Direction - Reserve Bank of India (Access Criteria for NDS-OM) Directions, 2025

1
May

RBI/2026-27/38 (Delhi)
Reporting instructions for Authorised Dealer Category-I Banks

You will be redirected on the external link. You will be redirected on IMC online membership renewal page
Click for BILATERAL TRADE ENQUIRIES

LIVE MARKET

NSE (NIFTY)

0

BSE (SENSEX)

0

NASDAQ

0

FTSE 100

0

USD

0

EURO

0

GBP

0

GOLD

0

SILVER

0

INDIAN ECONOMY

Assembly elections over, will states be able to offer freebies?

Promises of freebies always add a feel-good factor to election campaigning and the just concluded assembly elections in Assam, Keralam, Puducherry, West Bengal and Tamil Nadu were no different. Cash transfers to women beneficiaries are now an almost new normal in state polls. In the just concluded assembly el...

Read More

Pharma exports surpass $31 billion in FY26 despite global headwinds

India's pharmaceutical exports crossed $31 billion in FY26, despite a 23% year-on-year decline in March with official data showing that the industry is grappling with a sharp slowdown in the US, among the top export markets. Shipments to the US fell 10% in March while those to China, another major destinat...

Read More

IMF chief Georgieva warns of 'much worse outcome' if conflict drags into 2027, oil hits $125

The head of the International Monetary Fund on Monday warned that inflation was already picking up and the global economy could face a "much worse outcome" if the war in the Middle East drags into 2027 and oil prices hit around $125 per barrel. IMF Managing Director Kristalina Georgieva said the continuat...

Read More

India’s warchest has better ammo than its peers. Moody’s approves

ndia has emerged as the most resilient large emerging markets in navigating a turbulent global economic cycle since 2020, outperforming peers such as Mexico, Brazil and South Africa, according to a report released on Tuesday by Moody’s Ratings, which attributes this to early policy reforms and strong financia...

Read More

BJP gains in Bengal may accelerate reforms push amid economic headwinds

The BJP's latest electoral surge, especially in West Bengal, could spur greater Centre-state policy alignment and aid the Union government's reforms push as the economy grapples with the fallout of the West Asia war and a below-normal monsoon forecast, economists said on Monday....

Read More

Exclusive | ‘Triple whammy risk looms over India,’ says IMF’s Krishna Srinivasan

Energy shocks, tighter financial conditions and a bad monsoon may pose a triple whammy for India, said Krishna Srinivasan, Director, International Monetary Fund’s Asia and Pacific Department. Rising educated youth unemployment highlights the need for job-rich growth, he told Prasanta Sahu. Edited excerpts....

Read More

MARKET & FINANCE

Indian firms go big in America: Pour in $16.4 billion, create over 70,000 jobs across US

Indian companies are strengthening their presence in the United States, pouring billions in investment, job creation and growing participation across key sectors, senior officials said at the SelectUSA Investment Summit in Maryland. At the CII India Reception held at National Harbour on Monday (local time), B...

Read More

India bonds extend losses as US-Iran flare up keeps oil elevated

Indian government bonds fell on Tuesday, with the benchmark 10-year note set for a sixth straight day of losses after Washington and Tehran launched fresh attacks in the Gulf, pushing oil prices higher and clouding India's macro outlook. The U.S. and Iran ?renewed attacks ?on Monday ?as they battled for co...

Read More

FII selling to keep markets nervous; infrastructure best medium-term bet right now: Sunil Subramaniam

India's equity markets are caught in a three-way tug of war, and for now, no side is winning decisively. That is the central message from Sunil Subramaniam, a widely followed market strategist, in a candid assessment of where Indian stocks go from here. Speaking on ET Now, Subramaniam laid out a simple fra...

Read More

GLOBAL CORPORATE

Apple Holds Talks With Intel, Samsung for US Chipmaking, Bloomberg News Reports

Apple has held ?exploratory ?discussions about using ?Intel and Samsung Electronics to produce the ?main processors for its devices, Bloomberg News reported on ?Monday, citing people familiar ?with the deliberations. Apple executives have made visits ?to a ?Samsung plant under development in Texas and, sep...

Read More

Indo-Pacific trade pact losing relevance under Trump’s aggressive strategy: GTRI

The Indo-Pacific Economic Framework for Prosperity (IPEF), a 14-member grouping including India, the US and Australia, is losing relevance under US President Donald Trump's aggressive trade strategy, think tank GTRI said on Tuesday. The IPEF was launched jointly by the US and other Indo-Pacific partner c...

Read More

Ships cluster further from Strait of Hormuz, find shelter near Dubai as Iran widens control

Hundreds of vessels were seen clustering near Dubai on Tuesday, as more ships moved away from a still-empty Strait of Hormuz in response to Iran’s efforts to widen its area of control. A ceasefire between the US and Iran has begun to look increasingly fragile, with the two sides exchanging fire even as th...

Read More

INCOME TAX

India’s net direct tax collections rise 5.12% to Rs 23.40 lakh crore till March 31

Net direct tax collections rose 5.12% to around Rs 23.40 lakh crore as of March 31, according to official data. Gross direct tax collections for the financial year increased 4% year-on-year to Rs 28.1 lakh crore, indicating a steady expansion of the tax base. Net collections were supported by a slight dip ...

Read More

RBI

RBI flags false loan waiver claims by some, warns of legal action

The Reserve Bank of India (RBI) Monday raised fresh concerns over unauthorised campaigns falsely promising loan waivers, warning that these pose seious risks not only to individual borrowers but also to the stability of the broader lending system undergirded by credit discipline. Entities running such campaig...

Read More

GLOBAL ECONOMY

High Oil Prices Won't Rescue Russian Growth, Think Tank Says

High global oil prices will ?not ?help boost Russian economic growth ?this year as Ukrainian drone attacks and new Western sanctions weigh on ?crude output and exports, a think tank close to the government said on Monday. The i...

Read More

Goldman Says Global Oil Stocks Approaching Eight-Year Low, Depletion Speed a Concern

Global oil ?stocks ?are approaching their lowest ?level in eight years, Goldman Sachs ?said on Monday, warning that the speed of ?depletion was becoming a ?concern as supplies through the Strait ?of ?Hormuz remained restricted. ...

Read More

Mexico Inflation Likely Slowed in April, Paving Way for Possible Rate Cut

Mexican ?inflation ?is expected to have ?eased in April, a Reuters poll showed ?on Monday, giving Mexico's central bank more room to ?cut its key interest ?rate this week and likely end a prolonged ?cycle ?of monetary easing. •...

Read More

Venezuela's Inflation Rate Eases to 10.6% in April, Cenbank Says

Venezuela's ?inflation ?rate eased to ?10.6% in April from 13.1% ?in March, the country's central bank ?said on Monday. The ?inflation rate so far ?in ?2026 has reached 90%, the bank said ?on its website, while according to Re...

Read More

Australia's Central Bank Ramps up Inflation Fight With Third Rate Hike This Year

Australia's central bank lifted ?rates ?for a third time this year on ?Tuesday, returning borrowing costs to post-pandemic highs and warning that inflation would remain sticky as the conflict ?in the Middle East unleashed a global...

Read More

US factory orders rise more than expected in March

New orders for U.S. factory goods ?rose more than expected ?in March, led by surging ?demand for electronics products amid the artificial intelligence investment boom. Factory orders were up 1.5% on the month, the biggest ?gain...

Read More

INDIAN CORPORATE

Bajaj Auto total sales up 40% at 5,13,792 units in April

Bajaj Auto Ltd on Monday reported a 40 per cent jump in total sales in April at 5,13,792 units as against 3,65,810 units in the same month last year. Total domestic sales were up 13 per cent at 2,48,210 units as compared to 2...

Read More

Reliance cuts exports of alkylates, boosts LPG output

Reliance Industries is cutting output of alkylates and diverting feedstock to ramp up production of liquefied petroleum gas (LPG) as India battles shortages of the ?cooking fuel ?due ?to the Iran war, the company said on Monday. ...

Read More

Godrej Properties Q4FY26 profit up 70%, declares highest-ever Rs 10 dividend

Indian real-estate company Godrej Properties has reported double-digit growth in its net profit and revenue driven by strong growth in annual booking value and high cash flow collections. The company has also announced a dividend ...

Read More

Ambuja reported PAT jumps 79% in Q4

Adani Group’s cement and building materials arm, Ambuja Cements, reported a 78.5% year-on-year rise in net profit attributable to owners for the fourth quarter of FY26, driven by healthy revenue growth. Profit attributable to owne...

Read More

‘Make in India’ boost: L&T wins order worth upto Rs 5,000 cr for coal-to-ammonium nitrate project in Odisha

Larsen & Toubro (L&T)’s Energy Hydrocarbon Onshore business has won a large order worth between Rs 2,500 to Rs 5,000 from Bharat Coal Gasification and Chemicals (BCGCL) for a coal-to-ammonium nitrate project in Odisha. BCGCL i...

Read More

COMMERCIAL LAW

Govt has eased FDI norms for foreign cos having small Chinese/Hong Kong stake: An explainer

India cautiously eased FDI norms from May 1, 2026, for foreign companies with Chinese/Hong Kong shareholding of up to 10 per cent to invest in India under the automatic route. Several foreign and domestic firms, industry assoc...

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 .

Head Office :
IMC Bldg., IMC Marg, Churchgate, Mumbai - 400 020 India
Tel : 91-22-71226633

E-Mail : imc@imcnet.org
Website : www.imcnet.org