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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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RBI
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17
Jun
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RBI/2026-27/106
(Delhi)
Reserve Bank of India (Regional Rural Banks – Cash Reserve Ratio and
Statutory Liquidity Ratio) Second Amendment Directions, 2026
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17
Jun
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RBI/2026-27/107
(Delhi)
Withdrawal of 2000 Denomination Banknotes from circulation: Consolidation of instructions
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17
Jun
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RBI/2026-27/109
(Delhi)
Reserve Bank of India (Commercial Banks – Credit Facilities) Third
Amendment Directions, 2026
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17
Jun
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RBI/2026-27/110
(Delhi)
Reserve Bank of India (Commercial Banks – Concentration Risk Management)
Third Amendment Directions, 2026
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17
Jun
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RBI/2026-27/112
(Delhi)
Reserve Bank of India (Small Finance Banks – Credit Facilities) Second
Amendment Directions, 2026
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17
Jun
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RBI/2026-27/113
(Delhi)
Reserve Bank of India (All India Financial Institutions – Credit Facilities)
Amendment Directions, 2026
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17
Jun
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RBI/2026-27/108
(Delhi)
Withdrawal of old series of banknotes issued prior to 2005: Consolidation of
instructions
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17
Jun
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RBI/2026-27/111
(Delhi)
Reserve Bank of India (Commercial Banks - Prudential Norms on Capital
Adequacy) Eighth Amendment Directions, 2026
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17
Jun
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RBI/2026-27/105
(Delhi)
Reserve Bank of India (Rural Co-operative Banks – Cash Reserve Ratio and
Statutory Liquidity Ratio) Second Amendment Directions, 2026
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17
Jun
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RBI/2026-27/103
(Delhi)
Reserve Bank of India (Small Finance Banks – Cash Reserve Ratio and
Statutory Liquidity Ratio) Second Amendment Directions, 2026
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17
Jun
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RBI/2026-27/104
(Delhi)
Reserve Bank of India (Urban Co-operative Banks – Cash Reserve Ratio and
Statutory Liquidity Ratio) Second Amendment Directions, 2026
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15
Jun
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RBI/2026-27/100
(Delhi)
Swap Facility for External Commercial Borrowings and Overseas Foreign
Currency Borrowings
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15
Jun
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RBI/2026-27/101
(Delhi)
NOP-INR position of Authorised Dealer Category-I banks
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15
Jun
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RBI/2026-27/102
(Delhi)
Reserve Bank of India (Commercial Banks – Cash Reserve Ratio and Statutory
Liquidity Ratio) Second Amendment Directions, 2026
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8
Jun
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RBI/2026-27/96
(Delhi)
Formation of new district in the State of Assam – Assignment of Lead Bank Responsibility
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8
Jun
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RBI/2026-27/97
(Delhi)
Investments by Foreign Portfolio Investors in Government Securities – Amendments to the regulatory framework
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8
Jun
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Notification No. FEMA 23
(Delhi)
Foreign Exchange Management (Export of Goods and Services) (First Amendment) Regulations, 2026
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8
Jun
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RBI/2026-27/98
(Delhi)
Submission of statement/return on Centralized Information Management System (CIMS)
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INDIAN ECONOMY
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The Centre’s fertiliser subsidy may not rise as much as it was earlier feared, with global prices declining after the announcement of the US-Iran peace deal, even as a weaker monsoon may lead to lower fertiliser demand as sowing may get hit. The fertiliser subsidy bill, initially feared to double to Rs 3.4 la...
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India's merchandise trade deficit stood at $ 28.21 billion in May 2026, with lower crude oil prices and higher duties on gold imports likely to ease pressure on the import bill in the coming months, according to a report by Dolat Capital cited.
According to ANI, the report noted that petroleum imports su...
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States' aggregate expenditure rose sharply by 131 per cent between 2015-16 and 2024-25, keeping pace with economic growth, as they focused on welfare and development activities, said a CAG report on Tuesday.
Revenue expenditure continued to dominate budgets, averaging over 83 per cent of total spending, wh...
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The conflict in West Asia is reshaping India’s trade flows in unexpected ways, triggering a dramatic reordering of both import sources and export destinations.
The most striking shift has been Oman’s emergence as a key trade partner. Ranked only 30th among India’s import sources in April-May 2025, the Gulf...
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New Delhi, Uttar Pradesh, Gujarat, Jharkhand, Manipur, and 9 other states recorded surplus revenues in 2024-25, while the remaining 15 states had a deficit.
Eighteen states targeted revenue surplus, 3 states targeted revenue deficit, and 7 targeted zero revenue deficit in FY 2024-25, according to a report ...
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Sales of over 1,800 listed private manufacturing companies expanded by 14.5 per cent in the fourth quarter of 2025-26, mainly driven by automobiles, electrical machinery and non-ferrous metals industries, according to RBI data released on Tuesday.
At the aggregate level, listed private non-financial compan...
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Su Shan Tan, the chief executive of Singapore-based DBS Bank, views India as a long-term structural growth story despite nearterm volatility. The country could benefit from the surge in global demand for memory chips and hardware driven by the artificial intelligence boom, but to capitalise on the opportunity...
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Even in this global landscape of heightened volatility and uncertainty, strategic shifts are creating unique opportunities. India's 'China Plus One' gains have been uneven. But the smartphone success story demonstrates what's achievable when policy, infrastructure and investment align. Electronics leads. But ...
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India’s exports of agricultural and processed food products rose by 8% year-on-year to $ 4.51 billion during April-May period of the current fiscal year as shipments of buffalo meat increased sharply. Exports of rice, fruits and vegetables, however, declined in current fiscal because of the West Asia crisis.
...
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MARKET & FINANCE
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ICICI Prudential Mutual Fund and SBI Mutual Fund led the cash deployment, reducing their cash holdings by Rs 4,679 crore and Rs 3,407 crore, respectively. Quant Mutual Fund, Nippon India Mutual Fund and Axis Mutual Fund also deployed significant amounts, with cash reductions of Rs 1,609 crore, Rs 1,436 crore ...
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GLOBAL CORPORATE
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When President Donald Trump announced the US deal with Iran on Sunday and declared the "opening" of the Strait of Hormuz, his Truth Social post ended with the words "Ships of the World, start your engines. Let the oil flow!"
BBC Verify analysis of MarineTraffic ship-tracking data, however, shows that just ...
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BMW slashed its outlook for 2026 on Tuesday, blaming an accelerated downturn in the key Chinese market as well as the impact of the Iran war, which the German premium carmaker said had hit consumer sentiment and raised energy costs.
The comments showed how exposed Europe's auto sector — already pummelled ...
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OpenAI burned through $3.7 billion in the first quarter of 2026, more than half its $5.7 billion in revenue, The Information reported on Tuesday, citing documents the company shared with shareholders.
Reuters could not immediately verify the report.
Earlier this month, OpenAI said it had confidentially...
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The U.S. has held off adding China’s AI startup DeepSeek, memory chipmaker CXMT and more than 100 other companies flagged as national security risks to a trade blacklist, according to two people familiar with the matter, as the Trump administration tries to avoid escalating tensions with Beijing.
DeepSeek...
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Just days after its blockbuster Nasdaq debut catapulted its valuation beyond $2 trillion, Elon Musk‘s SpaceX is making another audacious bet, this time in artificial intelligence. The aerospace and technology giant said Tuesday it will acquire Anysphere, the company behind the fast-growing AI coding assistant...
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Around 130-150 million barrels of liquid cargo, ships carrying more than 2 million tonnes of fertilisers, and nearly 500 commercial vessels remain caught in the fallout of the Strait of Hormuz disruption, implying that while tanker traffic could resume within days of a reopening, global supply chains may take...
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Banking
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The Reserve Bank of India’s (RBI) incentives to attract Foreign Currency Non-Resident (Bank) (FCNR(B) deposits have prompted leading private-sector banks to approach overseas lenders with proposals aimed at financing their non-resident Indian (NRI) clients and encouraging them to place funds through this rout...
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GLOBAL ECONOMY
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France's economy is growing more slowly than expected after a sluggish start to the year with the Middle East conflict weighing on activity, the central bank said on Tuesday, warning the outlook was hostage to geopolitical develo...
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Argentina likely posted a trade surplus of $2 billion in May, a Reuters poll showed, as crude shipments were buoyed by high global oil prices and weak domestic demand meant exports outweighed imports....
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apanese manufacturers' sentiment improved for the second consecutive month in June, as persistent semiconductor demand supported chemicals and machinery makers, the latest Reuters Tankan survey showed.
The monthly poll, a leadi...
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Japan's exports grew for a ninth straight month in May, data showed on Wednesday, as a weaker yen, higher commodity prices and solid semiconductor demand offset the drag from major supply disruptions linked to the U.S.-Israeli war...
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British inflation unexpectedly held at 2.8% for May, unchanged from the 13-month low reached in April, official figures showed on Wednesday, a day before the Bank of England will announce its next interest rate decision....
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This time 10 years ago, few would have predicted that Northern Ireland would be topping the United Kingdom's economic growth charts after the 2016 vote to leave the European Union....
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Japan is moving toward temporarily cutting its consumption tax on food to 1% in what would be the first effective reduction of its kind, further straining its already worsening finances....
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INDIAN CORPORATE
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Raw material expenses of listed manufacturing companies surged 18.3% year-on-year in the January-March quarter of FY26, highlighting growing input cost pressures amid global uncertainties.
The raw material-to-sales ratio rose t...
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Avaada Group is on track to add 10.5 GW of renewable energy capacity over the next two years, taking its total installed generation capability to 17.7 GW, a top company official said on Tuesday.
Talking to PTI on the sidelines ...
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An Indian pollution regulator has alleged wastewater discharged from a Tata components factory for Apple's iPhone has contaminated the groundwater for nearby farms and warned of a forced shutdown unless Tata gives a satisfactory e...
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Jaguar Land Rover (JLR) is pinning its FY27 growth ambitions on a new product cycle led by the much-awaited Range Rover Electric and the first model from its reimagined Jaguar line-up.
In Its FY26 annual report, Chief Executive...
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Inox Wind Ltd has signed a memorandum of understanding (MoU) to supply 1,500 MW of wind turbines to Inox Clean Energy, in a deal valued at around Rs 8,000 crore, significantly boosting the company’s order pipeline and strengthenin...
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Adani Ports & Special Economic Zone (APSEZ) on Tuesday said it has expanded its partnership with the US-based Kaleris to drive next-generation capabilities across its ports and logistics network.
The partnership is part of its ...
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Tata Motors Passenger Vehicles is targeting an 18-20% market share and a double-digit Ebitda margin by FY30, while planning to invest Rs 33,000-35,000 crore across its passenger vehicle and electric vehicle operations over the nex...
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GST
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The GST Appellate Tribunal (GSTAT) has fixed June 30 as the deadline for filing appeals against GST orders passed before April 1, 2026, and no appeals will be accepted after the portal closes, GSTAT Bihar vice-president Manoj Shankar said at an awareness programme organised by the Bihar Industries Association...
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SEBI
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The Securities and Exchange Board of India (Sebi) on Tuesday issued a circular allowing alternative investment funds (AIFs) and venture capital funds to retain funds beyond fund life under specific circumstances.
This addresses...
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Insolvency
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Distressed companies undergoing insolvency proceedings could get higher valuations under a new mechanism proposed by the Insolvency and Bankruptcy Board of India (IBBI). According to a circular issued by the regulator, it will be ...
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