|
|
| IMC has enhanced its digital systems to incorporate new online features. To explore these updated processes, please visit our website: https://www.imcnet.org
|
|
|
|
|
|
| |
|
20
Nov
|
WEBINAR ON IPO Readiness – From Ambition to Reality: What Every Growing Business Must Know Before Going Public
|
|
|
26
Nov
|
WEBINAR - ERP Stabilisation & Value Realisation – Manufacturing ERP: Reduce Production Costs & Improve Production Planning
|
|
|
|
 |
|
|
|
|
| |
|
INCOME TAX
|
|
4
Nov
|
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
|
|
|
|
|
4
Nov
|
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
|
|
|
|
|
|
|
|
|
INDIAN ECONOMY
|
|
|
India is stepping up efforts to enhance its strategic petroleum reserves, especially in wake of the Middle East crisis and the oil supply shock it has brought about. The government is looking for private investors to develop the country’s largest strategic petroleum reserve in Odisha.
India is stepping up ef...
Read More
|
|
A new NITI Aayog assessment reveals that India's ambitious Production-Linked Incentive schemes have significantly underperformed in job creation, meeting only 28% of their target by FY26, prompting calls for a critical redesign and a strategic shift towards demand-side support....
Read More
|
|
Karnataka Chief Minister D.K. Shivakumar on Thursday announced that the state aims to attract investments worth Rs 7.5 lakh crore and generate 20 lakh jobs by 2030, as he unveiled preparations for the Global Investors Meet (GIM) 2027, scheduled to be held in Bengaluru from April 20 to 22.
The targets have ...
Read More
|
|
India was the second-largest buyer of Russian fossil fuels in October, purchasing hydrocarbons worth €6.4 billion, according to a monthly analysis by the Centre for Research on Energy and Clean Air (CREA). It was India’s highest monthly total in data going back to January 2022.
Crude oil accounted for 91% ...
Read More
|
|
Food inflation, as measured by the revised consumer food price index (CFPI), moved sharply upwards to touch 8.94% in October, primarily because onion, ginger, garlic, sugar, chicken, and edible oils became far costlier.
Sequentially, the CFPI rose by 0.94% last month from the September level. Food inflatio...
Read More
|
|
India and Canada are aiming to conclude negotiations for a comprehensive economic partnership agreement (CEPA) during Prime Minister Narendra Modi‘s proposed visit to Canada next month, Canadian International Trade Minister Maninder Sidhu said on Thursday, pitching his country as a long-term supplier of lique...
Read More
|
|
SBI Research on Thursday revised its December monetary policy forecast, expecting a 25-basis-point (bps) hike in repo rate instead of its earlier projection of 50 bps, citing improving external conditions and easing pressure on the rupee. The report said the terminal repo rate could settle at 6%, with a 50% p...
Read More
|
|
India will release its Q2 GDP data on November 30. Days before the government release, Bank of America (BoFA) Global Research has raised its Q2 FY27 GDP growth estimate to 7.7% year-on-year (YoY), from its earlier projection of 7.2%. According to BofA industrial and services activity will offset weakness in t...
Read More
|
|
|
MARKET & FINANCE
|
|
|
A stronger dollar and rising US bond yields are putting pressure on gold and silver, with gold slipping below $4,000 an ounce and silver approaching $50.
One US data point can move markets across the world. One of those economic indicators is US inflation, which has significant relevance for financial mark...
Read More
|
|
A funding crunch and mounting stress in short cycles in India's microfinance sector are forcing a growing number of smaller lenders to retreat from direct lending and turn into business correspondents for banks, signalling a structural shift in an industry built on the joint-liability group lending model.
...
Read More
|
|
|
GLOBAL CORPORATE
|
|
|
SpaceX and Tesla are progressing in their merger negotiations and a deal could be announced as early as December, Bloomberg News reported on Thursday, citing people familiar with the matter.
The Elon Musk-led companies have also discussed a scenario in which the announcement slips into early 2027, the repo...
Read More
|
|
Cisco raised its annual revenue forecast on Thursday, betting on strong demand for its AI networking equipment and cybersecurity tools.
The company, which has doubled down on its AI efforts by making strategic investments in silicon and optics, is benefiting as Big Tech's massive spending has moved beyond ...
Read More
|
|
The Trump administration says it has returned more than $12 billion, or almost 99%, of the revenue obtained from the sales of Venezuelan oil since it ousted then-President Nicolas Maduro in January.
In a report released Thursday by the State Department, the accounting firm KPMG said the sales of Venezuelan...
Read More
|
|
The allegations surrounding former Nvidia CEO Jensen Huang and Chinese businesswoman Alice Huang have an uncanny resonance with the history of China’s technological rise. US authorities are reportedly examining whether Alice Huang, suspected of being a Chinese intelligence asset, used her relationship with th...
Read More
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
GLOBAL ECONOMY
|
|
|
|
The European Central Bank will deliver a final deposit rate hike in this cycle next month, according to most economists polled by Reuters, although more than a third expect an additional increase in early 2027 as inflation hits do...
Read More
|
|
Consumer prices in Brazil rose less than expected in the 12 months through October but remained above the central bank's target range, as policymakers vow to keep using high interest rates to rein in persistent inflation.
Annua...
Read More
|
|
Frequent or unexpected changes in the taxation of Italy's financial system increase uncertainty and affect the investment decisions of market participants, the Bank of Italy said on Thursday, commenting on the government budget fo...
Read More
|
|
The Bank of Mexico's recent interest rate cut sows confusion and sends the wrong message as the inflation outlook remains skewed to the upside and the US Federal Reserve seems primed to keep hiking its key rate, Deputy Governor Jo...
Read More
|
|
The US government started the 2027 fiscal year with a $404 billion budget deficit for October, a record for the month and $120 billion, or 42%, higher than the year-earlier period, as receipts shrank and outlays grew sharply, the ...
Read More
|
|
The International Monetary Fund approved Mexico's request to reduce its flexible credit line, after mid-term review, to approximately $18 billion from its prior $24 billion, Mexico's Finance Ministry said on Thursday.
The IMF'...
Read More
|
|
Ghana will invest $10 billion over four years from 2027 in a domestically funded "New Economy" programme to boost output, exports and jobs, Finance Minister Cassiel Ato Forson said late on Thursday as he presented the 2027 budget....
Read More
|
|
|
INDIAN CORPORATE
|
|
|
Vodafone Idea Ltd is stepping up its network expansion as the telecom major looks to build on improving subscriber additions and strengthen its customer proposition, CEO Abhijit Kishore said on Thursday.
'Our focus continues to...
Read More
|
|
Korean auto major Kia India Thursday said it will invest $ 2 billion, along with its supplier partners, to establish its second manufacturing facility in Andhra Pradesh.
The facility will have installed capacity of 200,000 unit...
Read More
|
|
Adani Energy Solutions on Friday said it has acquired IntelliSmart Infrastructure from National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services Limited (EESL) for Rs 3,050 crore, a move that will boost the...
Read More
|
|
Defence major Hindustan Aeronautics posted a double-digit rise in its Q2 FY27 net profit and revenue, as the company’s bottom line expanded 16% year-on-year in the July-September quarter of FY27 to Rs 1,935 crore from Rs 1,669 cro...
Read More
|
|
Telecom operator Vodafone Idea on Thursday reported a 59.2% widening of net loss sequentially at Rs 5,975 crore in Q2, as compared to a loss of Rs 3,754 crore in the June quarter. Net loss was higher than Bloomberg estimates of R...
Read More
|
|
State-run Oil India‘s standalone net profit more than doubled to Rs 2,259 crore in the September quarter of FY27 fromRs 1,044 crore a year earlier, driven by a 20% increase in crude oil production and 35% higher price realisations...
Read More
|
|
Bharti Enterprises has completed 50 years. Founder and Chairman Sunil Bharti Mittal, in an interview with Rishi Raj & Ojasvi Gupta, reflects on the transformation of India’s telecom sector, the group’s ambitions beyond telecom, th...
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 .
|
|
|
|
|
|