November 05, 2026

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IMC EVENTS

OTHER EVENTS

 

20
Nov

WEBINAR ON IPO Readiness – From Ambition to Reality: What Every Growing Business Must Know Before Going Public

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26
Nov

WEBINAR - ERP Stabilisation & Value Realisation – Manufacturing ERP: Reduce Production Costs & Improve Production Planning

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IMC ERTF Blogs

Notifications

 
CUSTOMS

1
Nov

Circular No. 47/2026 -Customs (Delhi)
Implementation of the Sea Cargo Manifest and Transhipment Regulations (SCMTR), 2018-reg.

30
Oct

Notification No. 89/2026-CUSTOMS (Delhi)
S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962

DIRECTORATE GENERAL OF FOREIGN TRADE

30
Oct

Notification No. 46/2026 (Delhi)
Amendment in Export Policy of Agarwood under Chapter 12, Schedule - 2 ITC (HS) Export Policy, 2022

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

RBI

2
Nov

Notification No. FEMA 23(R)/(2)/2026-RB (Maharashtra)
Foreign Exchange Management (Export and Import of Goods and Services) (Second Amendment) Regulations, 2026

30
Oct

RBI/2026-27/303 (Delhi)
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1988 (2011) Taliban Sanctions List: Amendment of 05 Entries

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LIVE MARKET

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INDIAN ECONOMY

Coal gasification projects may save India Rs 1.5 lakh crore in forex over 5-7 years: Coal Ministry Secretary

Coal gasification projects have the potential to save India approximately Rs 1.5 lakh crore in foreign exchange over the next five to seven years by substituting imports, Coal Ministry Secretary Vikram Dev Dutt stated on Thursday. Speaking at the 4th Conference of Mining Ministers on Reforms in the Mines a...

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Services activity rises to 4-month high in Oct, PMI shows

India’s services sector activity continued to tick higher for the third consecutive month in October with higher demand fuelling business activity and new orders, as per S&P Global’s Purchasing Managers’ Index (PMI) data released Wednesday. The HSBC India services PMI rose to a four-month high of 55.8 in O...

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High mandi prices boost farmers’ income

Despite lower kharif yields and a slow start to rabi sowing, which have raised concerns over rural consumption demand, the potential supply squeeze in key commodities has pushed up mandi prices, allowing farmers to earn higher realisations....

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Port City Colombo bets on India for $3-billion push

Port City Colombo (PCC) is betting on Indian investments across technology, logistics, tourism and healthcare companies as Sri Lanka’s first multi-services Special Economic Zone (SEZ) looks to build an investment pipeline of over $3 billion by 2030....

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Hormuz oil flows unlikely to fully recover in 2027

Oil shipments through the Strait of Hormuz are unlikely to return fully to pre-war levels in 2027, according to a revised outlook by Rystad Energy, raising concerns over prolonged supply disruptions and elevated shipping costs for major crude importers such as India, even as OPEC+ has decided to keep producti...

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Crude, rupee & dollar: 5 ways US midterm elections may impact India’s economy

The US midterm elections have changed the balance of power in Washington, with Democrats winning control of both chambers of Congress in a major setback for President Donald Trump. For India, the implications extend beyond US politics. A possible shift in the administration’s approach to Iran and trade could ...

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MARKET & FINANCE

$3.64 billion pulled from world's largest crypto exchange Binance after $6.3 billion heist

Customers withdrew $3.64 billion from Binance after hackers stole approximately $6.3 billion in cryptocurrency from wallets held at the world's largest cryptocurrency exchange last week, triggering an initial rush of withdrawals as users moved to protect their assets. Binance said the outflows were now stabil...

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India bonds climb in step with Treasuries as oil sinks

Indian government bonds rose for a fourth straight session on Thursday, tracking US Treasuries, after a Democratic sweep of the US midterm elections drove down crude prices, easing inflation and rate-hike concerns for the world's third-largest oil importer. Democrats pledged on Wednesday to use their decis...

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Sebi eases KYC norms for NRIs, OCIs and foreign nationals, allows digital onboarding from overseas

The Securities and Exchange Board of India Wednesday relaxed Know Your Client (KYC) requirements for non-resident Indians (NRIs), Overseas Citizens of India (OCIs) and foreign nationals, allowing them to complete the onboarding process digitally from overseas. The move is aimed at reducing compliance requi...

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GLOBAL CORPORATE

Democrats' US midterm victory puts Trump's H-1B, import restrictions under scrutiny

The resounding victory of Democrats in the 2026 US midterm elections, giving them control of both the House of Representatives and the Senate, has significantly curtailed President Donald Trump's ability to push through some of his key policy agendas, including his anti-immigration and tariff measures. Dem...

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Arm Beats Second-Quarter Revenue Estimates on AI and Data-Center Demand

Arm Holdings beat Wall Street estimates for second-quarter revenue on Wednesday, driven by higher royalty payments and licensing fees from customers deploying its chip architecture in AI-related computing products. Unlike chipmakers that manufacture semiconductors, Arm Holdings licenses its processor archi...

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Goldman, Apollo Seek Buyers for $40 Billion SpaceX AI Chip Deal, Bloomberg News Reports

Goldman Sachs and Apollo Global Management are in talks with investors to sell portions of a roughly $40 billion financing deal for SpaceX's AI chips, Bloomberg News reported on Wednesday. The two firms have begun approaching potential buyers for the multi-tranche financing, with some investors being asked...

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Sony Q2 Profit Jumps on 'Spider-Man' and PlayStation Boost

Sony on Thursday reported a 45% rise in second-quarter operating profit to 622.3 billion yen ($3.95 billion), beating market estimates, due to stronger performance at its games and movies units. ...

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Micron Pauses Work on $4.5 Billion Taiwan Plant, Bloomberg News Reports

Micron Technology has suspended plans for a $4.5 billion memory chip plant in Taiwan due to an extended labor dispute, Bloomberg News reported on Thursday, citing people familiar with the matter. Reuters could not immediately verify the report. Micron did not immediately respond to a request for comment s...

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Big tech eyes $750 bn boost as US midterms fuel hopes of slower AI spending

US tech giants’ shares jumped sharply on Wednesday after Democrats swept the midterm elections in both the House of Representatives and the Senate. The Nasdaq Composite jumped 1.44%, thanks to big gains in some top US technology stocks. Amazon shares rose 6.12% to a three-month high. Meta, Alphabet and Mic...

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INCOME TAX

CBDT issues new clarification on BSNL-MTNL VRS-2019 compensation: Will it affect retirees' income tax benefits?

In light of multiple legal cases and disputes regarding taxability of voluntary retirement scheme (VRS), the Central Board of Direct Taxes (CBDT) has issued a new notification clarifying the income tax treatment of VRS. ...

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STT abolition, bond tax relief on table

The Centre is undertaking a comprehensive relook at capital market taxation to boost investor sentiment, by considering options ranging from scrapping the securities transaction tax (STT) to offering tax concessions on interest income from corporate bonds to both domestic and foreign investors. It is also ...

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Banking

IDBI Bank's Sale Is A Turning Point For Indian Banking

What do IDBI Bank Ltd and Air India have in common? For both, privatisation turned into a five-year plan. Of course, the erstwhile Planning Commission is not involved in their cases! Following Cabinet approval in June 2017, the government invited expressions of interest (EoIs) for Air India in March 2018, ...

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SBI-led banking alliance comes together to mount a defence to AI threats

Large commercial lenders, led by the State Bank of India (SBI), are working on a comprehensive plan to create a structure and common mechanism to deal with mounting rising cyber security risks in the artificial intelligence (AI) era. The initiative is being led by the Indian Banks’ Association (IBA), which re...

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PSB Q2 net profit jumps 17% YoY to Rs 53,771 crore on strong NII growth

By Abhijit Lele Public sector banks (PSBs) posted 17 % year-on-year (Y-o-Y) growth — highest in six quarters — in net profit at Rs 53,771 crore during the September 2026 quarter (Q2Fy27) on the back of healthy growth in net interest income (NII). Sequentially, the net profits were down marginally (0.79%...

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GLOBAL ECONOMY

Bank of England Poised to Hike Rates for First Time in 3 Years

The Bank of England is widely expected to raise interest rates for the first time in three years on Thursday due to mounting inflation pressures from the US-Iran war, taking a path already embarked on by all its main peers....

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Australia's Central Bank Warns Public Confidence in Inflation Fight Is Slipping

Public confidence in the Reserve Bank of Australia's ability to control inflation was eroding, a top central banker said on Thursday, warning that a loss of trust could make the job of taming price pressures even more costly....

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German Industrial Orders Rise 4.4% in September

German industrial orders rose less than expected in September, increasing by 4.4% on the previous month on a seasonally and calendar adjusted basis, the federal statistics office said on Thursday. A Reuters poll of analysts had...

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South Africa's Treasury Says GDP Rebasing Has Improved Key Fiscal Metrics

South Africa's National Treasury said on Thursday that last week's rebasing of the country's Gross Domestic Product (GDP) had improved key fiscal metrics, including lowering last year's peak in the debt-to-GDP ratio. • The Trea...

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High Debt, Rise of Non-Banks Risk Tying ECB's Hands, Schnabel Says

Rising public debt and the rapid expansion of non-bank finance could curb the European Central Bank's ability to set the appropriate monetary policy, ECB board member Isabel Schnabel said on Thursday. The ECB is now raising int...

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US to loan about a third of heating oil reserve in bid to tame prices

The US Energy Department said on Wednesday it would loan 300,000 barrels of fuel oil to four companies from the nation's emergency heating oil reserve in an effort to counter surging prices before the onset of winter. The offer...

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INDIAN CORPORATE

Lenskart Q2 profit more than doubles, beats Street estimates

Lenskart Solutions reported a 122% year-on-year increase in consolidated net profit to Rs 227 crore for the September quarter, beating the Bloomberg estimate of Rs 208 crore, as strong same-store sales in India and lower operating...

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Dabur India Q2 profit rises 11.7% to Rs 505 crore, beats estimates

FMCG major Dabur India reported an 11.7% year-on-year rise in consolidated net profit to Rs 505 crore in the September quarter, compared with Rs 452.6 crore in the corresponding period last year, while revenue grew 11.6% to Rs 356...

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BSE Q2 results: Net profit jumps 45% to Rs 809 crore, revenue crosses Rs 1,432 crore

BSE Ltd on Wednesday reported a 44.90% year-on-year increase in net profit to Rs 809.15 crore for the second quarter of FY27, compared with Rs 558.43 crore in the corresponding period last year. Revenue from operations rose 34....

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Nykaa Q2 profit nearly triples to Rs 101 crore, beats estimates

Beauty and fashion retailer FSN E-Commerce Ventures, which operates the Nykaa brand, reported a 192.8% year-on-year increase in consolidated net profit to Rs 101 crore for the September quarter, beating the Bloomberg estimate of R...

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Essar to invest Rs 4,500 crore in 300 MW green energy project

Essar Power will invest around Rs 4,500 crore in a 300 megawatt (MW) renewable energy project in Andhra Pradesh, as the company steps up investments in clean energy and targets a diversified 5 gigawatt (GW) power portfolio spannin...

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Apollo Hospitals Q2 results: Net profit up 32% to Rs 630 cr, EBITDA margin improves to 15.6%

Apollo Hospitals Enterprise reported a 23% year-on-year (YoY) increase in consolidated revenue to Rs 7,615 crore in the July-September quarter of FY27. EBITDA rose 29% to Rs 1,191 crore, while net profit increased 32% to Rs 630 cr...

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GST

Revision in E-Way Bill and Consolidated E-Way Bill Numbering Formats w.e.f. 1 January 2027

It is hereby informed that, in view of the substantial volume of E-Way Bills generated, the existing numbering capacity is expected to be exhausted. Accordingly, the following revisions in the numbering formats are proposed with effect from 1 January 2027...

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