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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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20
Nov
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WEBINAR ON IPO Readiness – From Ambition to Reality: What Every Growing Business Must Know Before Going Public
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26
Nov
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WEBINAR - ERP Stabilisation & Value Realisation – Manufacturing ERP: Reduce Production Costs & Improve Production Planning
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INCOME TAX
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4
Nov
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Notification No. 140/2026
(Delhi)
S.O. 6011(E).— In the English version of Notification no 24/2019/F. No. 196/73/2018-ITA-I dated 19.03.2019
whereby 'Andhra Pradesh Electricity Regulatory Commission', Hyderabad (PAN: AAAGA0114N) was
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4
Nov
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Notification No. 141/2026
(Delhi)
S.O. 6016(E).— In exercise of the powers conferred by section 400(1) read with Schedule VI [Table: S.No.
11] of the Income-tax Act, 2025
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INDIAN ECONOMY
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Andhra Pradesh has converted 526 of the 714 investment projects received since June 2024, achieving a conversion rate of nearly 74 per cent by project count.
The converted projects represent investments worth Rs 17.2 trillion, accounting for approximately 76 per cent of the State"s total investment pipelin...
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The Indian rupee may appreciate further against the US dollar over the next couple of months, supported by easing global headwinds, declining crude oil prices, improving foreign capital inflows and a weakening US dollar, according to economists....
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India’s unemployment rate (UR) spiked to 4.7% in October from a nine-year low of 4% in September, largely because of higher joblessness among rural people and women, according to the Centre for Monitoring Indian Economy (CMIE). While actual employment fell by half a million to 449.5 million in October, which ...
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Going by the tardy progress in the first four months of the rollout of the Viksit Bharat–Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB-G RAM-G), the Centre may save around Rs 50,000 crore, as mandatory cost-sharing by states and tighter norms to plug misuse have slowed its offtake, sources told FE....
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After years of urging industry to step up investment, Finance Minister Nirmala Sitharaman is seeing signs of a turnaround. Speaking at the FE Leadership Awards last week, she said private investment is picking up, though concentrated in select sectors. The September 2025 GST reforms have helped make consumpti...
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States’ aggregate capital expenditure (capex) likely grew fast in the first half of the current financial year, even as they restrained revenue spending.
Capex by seven major states reviewed by FE rose 23.4% year-on-year to Rs 1.51 lakh crore in April-September of FY27, building on 47.7% growth in the same...
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India is well on course to achieve its ambitious $1-trillion export target for the current financial year, with exports of goods and services reaching around $480 billion in the first half, Commerce and Industry Minister Piyush Goyal said on Tuesday, expressing confidence that the second half would deliver st...
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Crude oil is currently around $90 per barrel, and the rupee too has seen some appreciation in the near-term. But can these two sustain at levels condusive for India?
HSBC said Indian equities could remain attractive. However, inflation and El Nino-related weather conditions could weigh on economic growth...
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State Bank of India (SBI) and Bank of America (BofA) have projected the India’s economy to have grown close to 8% in the July-September quarter, much higher than the 7.2% growth forecast by the Reserve Bank of India (RBI).
SBI projects July-September GDP growth at 7.8%, the same growth seen in the June qua...
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The Cabinet on Wednesday approved a subsidy of Rs 62,370 crore for phosphatic and potassic (P&K) fertilisers for the rabi 2026-27 season (October-March) under the nutrient-based subsidy (NBS) scheme, a move that will insulate farmers from the elevated global prices of these soil nutrients and their inputs....
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Jammu and Kashmir, Kerala, Andhra Pradesh, and Punjab saw the highest unemployment rates in the July-September quarter, and joblessness much higher than the national average of 5.1%, according to the latest Periodic Labour Force Survey data.
These states, along with Chhattisgarh, have consistently seen hig...
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The Indian economy is seen growing around 7% in the current financial year and in the medium term, according to projections by Moody’s Ratings and UBS.
Moody’s expects India’s GDP to grow 7% in the current financial year while UBS sees it expanding 7.2% with broad-based economic activity showing resilience...
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The Cabinet on Wednesday approved the continuation of the Rs 5,000-crore credit guarantee fund for micro units (CGFMU), facilitating Rs 12.6 lakh crore in Mudra loans, and extended the Stand-Up India Scheme until March 31, 2031, targeting 250,000 additional women and SC/ST entrepreneurs....
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MARKET & FINANCE
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Indian government bonds were confined to a narrow range early on Thursday, with softer oil prices offsetting a rise in US Treasury yields ahead of key domestic inflation data and debt supply.
The benchmark 6.94% 2036 bond yield was little changed at 7.2183% at 10:30 a.m. IST, after posting its sharpest one...
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In the world of investments, Franklin Templeton Mutual Fund – an international asset management company – commands respect and repute. It made its debut in India in the early 1990s, recognising India’s long-term capital potential, shortly after the Indian market was opened to private domestic and foreign fund...
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After a strong September, equity mutual fund inflows lost some momentum in October as investors turned cautious on mid- and small-cap stocks amid heightened market volatility. Net inflows declined 14% to Rs 32,993 crore from Rs 38,306 crore in the previous month, according to data released by the Association ...
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Ten years ago, on November 8, the Modi government announced the demonetisation of high-value currency notes of Rs 500 and Rs 1,000 in a dramatic bid to curb black money and push India towards a cashless economy. A decade later, however, cash remains king, with currency held by the public having more than doub...
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GLOBAL CORPORATE
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A preliminary agreement between ExxonMobil, the Venezuelan government and state oil company PDVSA allows the US oil producer to evaluate seven areas for development that include undeveloped fields, mature areas and an exploration block, four people close to the matter said....
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Global demand for electrified cars returned to growth in October, reflecting a very low US comparison base coupled with continued growth in Europe, data from UK-based research firm Benchmark Mineral Intelligence showed on Thursday....
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South Korean President Lee Jae Myung said on Thursday that Samsung Electronics' 6 trillion won ($4.48 billion) investment in a high-bandwidth memory chip packaging plant in Asan, South Korea, would be followed by about 40 trillion won in investment in advanced equipment....
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US companies are unlikely to import Russian diesel as a tanker full of the fuel idles off the US Eastern Seaboard, experts said, despite President Donald Trump's temporary waiver of some sanctions on Moscow's fuel exports. ...
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The United States and China agreed to provide more favourable tariff treatment to around $60 billion worth of goods traded between them. The arrangement covers Chinese consumer products such as toys, kitchen appliances and baby goods, as well as American agricultural products, medical devices, cosmetics and c...
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Banking
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The Reserve Bank of India on Wednesday issued a consolidated guidelines on domestic money transfer of small value funds without changing the remittance ceiling....
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With less than five months to go before implementation of the expected credit loss (ECL) framework, banks have approached the Reserve Bank of India (RBI) seeking relief for their held-to-maturity (HTM) investment portfolios. The reason: High bond yields threaten to trigger substantial one-time valuation losse...
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Recoveries and upgrades of commercial banks declined to Rs 29,000 crore in the quarter ended September (Q2FY27) from Rs 33,000 crore in the year-ago period. Sequentially, they were higher compared with Rs 27,000 crore, according to CareEdge Ratings.
Private lenders saw a dip in upgrades and recoveries, fro...
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GLOBAL ECONOMY
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German economic growth will accelerate this quarter as Europe's largest economy recovers faster than expected, even if deep structural challenges continue to hold it back, Bundesbank President Joachim Nagel said on Wednesday.
G...
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Italian industrial output rose 1.2% in September from the previous month after an unexpected 1.2% drop in August, national statistics bureau ISTAT reported on Wednesday, offering some relief to the country's long-struggling manufa...
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China's central bank vowed to step up counter-cyclical adjustments, expand domestic demand and optimise supply to strive to achieve the annual economic development goals amid domestic and external headwinds, according to its third...
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Germany's Council of Economic Experts significantly revised up its growth forecasts for Europe's largest economy thanks to a quicker-than-expected recovery from the energy shocks created by the Iran war, said council chair Monika ...
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The Bank of England will not succeed in returning inflation to target before 2030, driven by second-round effects on wages caused by the Iran war, according to forecasts from a leading academic think-tank which also nudged up its ...
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Brazil will unveil in the next few days measures to achieve a fiscal adjustment equivalent to 0.5% of gross domestic product in 2027, a government source said on Tuesday.
The step comes after Brazilian financial markets sold of...
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Goldman Sachs expects a 25-basis-point Federal Reserve rate increase in March after hotter-than-expected October inflation data prompted it to reverse its forecast that the hiking cycle would end in December....
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Credit ratings agency Fitch on Wednesday placed Paraguay's "BB+" sovereign rating on watch for a possible downgrade, citing fallout from the collapse of lender ueno and the subsequent political upheaval.
The agency, which put i...
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Japan's wholesale prices rose 7.1% in the year to October, data showed on Thursday, accelerating from the previous month and keeping alive market expectations of a near-term interest rate hike....
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The outcome of the US midterms is unlikely to soften Washington's protectionist trade stance and may instead increase uncertainty around tariffs, warned Gabriel Felbermayr, a member of the influential German Council of Economic Ex...
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Brazil's government will send Congress a bill allowing taxpayers to postpone final payment of the federal portion of a new consumption tax set to take effect in January, Robinson Barreirinhas, the tax revenue chief, said on Wednes...
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China‘s trade surplus crossed US$1 trillion in the first 10 months of the year as strong global demand for artificial intelligence (AI) infrastructure boosted high-tech product sales. The rise in exports has helped China deal with...
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INDIAN CORPORATE
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Reliance Industries Ltd will sign an agreement with the Andhra Pradesh government to develop an integrated coal gasification complex over 30 years, according to people familiar with the development.
...
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Air India has made tangible progress in its multi-year transformation, with improvements in customer experience and operational performance, although the transformation process will take time, Singapore Airlines (SIA) Group said o...
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JSW Steel on Wednesday said its consolidated crude steel production increased by 19 per cent to 25.73 lakh tonnes (LT) in October.
The company's crude steel output was 21.68 LT in the year-ago period....
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Tata Steel Managing Director and Chief Executive Officer TV Narendran will succeed Noel Tata as chairman of Tata International from November 12.
The leadership changes come against the backdrop of the ongoing dispute over gover...
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It has been a strong earnings season for India Inc, with net profits surging 28.6% year-on-year, buoyed by robust revenue growth. Healthy volumes, elevated commodity prices and, to some extent, a weaker rupee have helped lift the ...
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Adani Enterprises’ subsidiary Kutch Copper (KCL) has signed a Memorandum of Understanding (MoU) with Chile’s state-owned copper producer Corporación Nacional del Cobre de Chile (Codelco) to explore the Kaburkaala copper project in...
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Tata Power’s board of directors has approved an investment of Rs 11,871 crore in a 1,800 MW pumped storage project (PSP) at Shirwata in Maharashtra. The project is expected to be completed within 51 months.
The total investment...
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