June 26, 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

IMC ERTF Blogs

Notifications

 
RBI

18
Jun

RBI/2026-27/115 (Delhi)
Reserve Bank of India (Commercial Banks - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/116 (Delhi)
Reserve Bank of India (Small Finance Banks - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/117 (Delhi)
Reserve Bank of India (Payments Banks - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/118 (Delhi)
Reserve Bank of India (Local Area Banks - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/119 (Delhi)
Reserve Bank of India (Regional Rural Banks - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/120 (Delhi)
Reserve Bank of India (Urban Co-operative Banks - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/134 (Delhi)
Reserve Bank of India (Urban Co-operative Banks – Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026

18
Jun

RBI/DoR/2026-27/126 (Delhi)
Reserve Bank of India (Small Finance Banks – Undertaking of Financial Services) Second Amendment Directions, 2026

18
Jun

RBI/DoR/2026-27/131 (Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Undertaking of Financial Services) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/121 (Delhi)
Reserve Bank of India (Rural Co-operative Banks - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/122 (Delhi)
Reserve Bank of India (All India Financial Institutions - Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/132 (Delhi)
Reserve Bank of India (Commercial Banks- Prudential Norms on Capital Adequacy) Ninth Amendment Directions, 2026

18
Jun

RBI/2026-27/136 (Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Prudential Norms on Capital Adequacy) Third Amendment Directions, 2026

18
Jun

RBI/2026-27/137 (Delhi)
Reserve Bank of India (Small Finance Banks – Prudential Norms on Capital Adequacy) Sixth Amendment Directions, 2026

18
Jun

RBI/2026-27/135 (Delhi)
Reserve Bank of India (Regional Rural Banks - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/138 (Delhi)
Reserve Bank of India (Commercial Banks – Interest Rate on Deposits) Amendment Directions, 2026

18
Jun

RBI/2026-27/139 (Delhi)
Reserve Bank of India (Small Finance Banks – Interest Rate on Deposits) Amendment Directions, 2026

18
Jun

RBI/2026-27/143 (Delhi)
Reserve Bank of India (Rural Co-operative Banks – Interest Rate on Deposits) Amendment Directions, 2026

18
Jun

RBI/2026-27/141 (Delhi)
Reserve Bank of India (Local Area Banks – Interest Rate on Deposits) Amendment Directions, 2026

18
Jun

RBI/2026-27/142 (Delhi)
Reserve Bank of India (Urban Co-operative Banks – Interest Rate on Deposits) Amendment Directions, 2026

18
Jun

Notification No. FEMA. 395(4)/2026-RB (Delhi)
Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) (Amendment) Regulations, 2026

18
Jun

RBI/2026-27/114 (Delhi)
Liberalisation of Foreign Portfolio Investment under Schedule III of the Foreign Exchange Management (Non-debt Instruments) Rules, 2019

18
Jun

RBI/2026-27/124 (Delhi)
Reserve Bank of India (Housing Finance Companies) Second Amendment Directions, 2026

18
Jun

RBI/DoR/2026-27/128 (Delhi)
Reserve Bank of India (Regional Rural Banks – Undertaking of Financial Services) Second Amendment Directions, 2026

18
Jun

RBI/DoR/2026-27/129 (Delhi)
Reserve Bank of India (Urban Co-operative Banks – Undertaking of Financial Services) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/114 (Delhi)
Liberalisation of Foreign Portfolio Investment under Schedule III of the Foreign Exchange Management (Non-debt Instruments) Rules, 2019

18
Jun

RBI/2026-27/123 (Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Responsible Business Conduct) Second Amendment Directions, 2026

18
Jun

RBI/DoR/2026-27/125 (Delhi)
Reserve Bank of India (Commercial Banks – Undertaking of Financial Services) Third Amendment Directions, 2026

18
Jun

RBI/DoR/2026-27/127 (Delhi)
Reserve Bank of India (Payments Banks – Undertaking of Financial Services) Amendment Directions, 2026

18
Jun

RBI/DoR/2026-27/130 (Delhi)
Reserve Bank of India (Rural Co-operative Banks – Undertaking of Financial Services) Second Amendment Directions, 2026

18
Jun

RBI/2026-27/140 (Delhi)
Reserve Bank of India (Regional Rural Banks – Interest Rate on Deposits) Amendment Directions, 2026

18
Jun

RBI/2026-27/133 (Delhi)
Reserve Bank of India (All India Financial Institutions – Prudential Norms on Capital Adequacy) Third Amendment Directions, 2026

17
Jun

RBI/2026-27/105 (Delhi)
Reserve Bank of India (Rural Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Second Amendment Directions, 2026

17
Jun

RBI/2026-27/103 (Delhi)
Reserve Bank of India (Small Finance Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Second Amendment Directions, 2026

17
Jun

RBI/2026-27/104 (Delhi)
Reserve Bank of India (Urban Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Second Amendment Directions, 2026

17
Jun

RBI/2026-27/111 (Delhi)
Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Eighth Amendment Directions, 2026

17
Jun

RBI/2026-27/106 (Delhi)
Reserve Bank of India (Regional Rural Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Second Amendment Directions, 2026

17
Jun

RBI/2026-27/107 (Delhi)
Withdrawal of 2000 Denomination Banknotes from circulation: Consolidation of instructions

17
Jun

RBI/2026-27/109 (Delhi)
Reserve Bank of India (Commercial Banks – Credit Facilities) Third Amendment Directions, 2026

17
Jun

RBI/2026-27/110 (Delhi)
Reserve Bank of India (Commercial Banks – Concentration Risk Management) Third Amendment Directions, 2026

17
Jun

RBI/2026-27/112 (Delhi)
Reserve Bank of India (Small Finance Banks – Credit Facilities) Second Amendment Directions, 2026

17
Jun

RBI/2026-27/113 (Delhi)
Reserve Bank of India (All India Financial Institutions – Credit Facilities) Amendment Directions, 2026

17
Jun

RBI/2026-27/108 (Delhi)
Withdrawal of old series of banknotes issued prior to 2005: Consolidation of instructions

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

Weak monsoon emerges as India's next economic worry, after oil

A weak monsoon is emerging as India's next inflation risk, with a developing El Niño threatening to curb rainfall and push up food prices just as an easing oil relieves broader price pressures. The southwest monsoon, which accounts for about 70% of India's annual rainfall, is vital for the $300 billion Far...

Read More

Infra projects see Rs 5.4 lakh crore cost overrun: MoSPI

Infrastructure projects worth above Rs 150 crore each registered a cumulative cost overrun of around Rs 5.4 lakh crore, according to a monthly government report for May 2026. A total of 1,987 ongoing infrastructure projects across 17 Central Ministries/Departments were monitored and it was found that the t...

Read More

El Niño is set to further disrupt India's $300 billion farm supply chain

You might think that the world’s supply chains are returning to normal now that oil appears to be flowing unhindered from the Persian Gulf for the first time in four months. Watch out for what’s happening on the far side of the Arabian Sea, though. The key input into another sort of value chain is misfiring j...

Read More

Monsoon revives, yet deficiency over 41%: Kharif sowing hit, West & Central regions lag

Despite the revival of monsoon progress in the last few days after a gap, a huge deficiency in rains this month is unlikely to be bridged. So, sowing activities for several kharif crops is likely to be delayed. Pushan Sharma, Director, Crisil Intelligence, stated that the delayed progression of the monsoon...

Read More

States’ capex growth slows to 2% in April-May

Capital expenditure by states likely grew a modest 2% on-year in April-May FY27, a sharp slowdown from the 33% expansion recorded in the corresponding period of FY26. Data compiled from 18 major states showed that aggregate capital expenditure stood at Rs 61,314 crore during the first two months of FY27, c...

Read More

Trade deal with US hinges on competitive edge for India: Piyush Goyal

The day the US finds appropriate tools and legal backing that gives India a tariff advantage over its competitors, the trade deal between the two countries will be finalised, Commerce and Industry Minister Piyush Goyal said on Thursday. “Until the framework for getting that competitive advantage can be fin...

Read More

MARKET & FINANCE

56% Growth, $2.6 Billion and Counting: Where are Indians sending their dollars overseas?

In 2025–2026, Indians sent more money overseas for investments than in 2024–2025. Indians sent nearly $2.6 billion in FY2025-26, almost 56% higher than $1.69 billion sent in FY2024-25. The RBI’s June 2026 Bulletin reveals a broad pullback across Liberalised Remittance Scheme (LRS) categories. Despite this,...

Read More

RBI proposes to allow NBFCs in money market in liquidity push

The Reserve Bank of India (RBI) on Thursday proposed expanding the term money market to include non-bank entities such as NBFCs and corporates, in a move aimed at improving liquidity. Under the proposed guidelines, the RBI has allowed all Indian financial institutions and non-banking financing companies, ...

Read More

GLOBAL CORPORATE

Tesla to Ramp up Production in Germany by 20%

Tesla said on Thursday that production at its Berlin plant will rise by 20% to 7,500 vehicles per week from October this year. Tesla said the planned increase in production means it will recruit a further 1,000 employees. The company already announced a capacity increase at the plant company in April to...

Read More

Musk's SpaceX Targets US Consumers With Starlink Mobile Service Push, FT Reports

SpaceX has told investors it plans to launch a Starlink mobile service for U.S. consumers, the Financial Times reported on Friday, in a move that could allow the Elon Musk-led company to compete directly with Verizon, AT&T and T-Mobile. Here are some details: • SpaceX already offers direct-to-cell conn...

Read More

Samsung readies $648 billion bet, report says, as AI boom reshapes South Korea

Samsung Group will unveil a sweeping decade-long investment plan on Monday, pledging 1,000 trillion won ($648 billion) to anchor South Korea's next growth cycle, including a possible 300 trillion won push to build chip factories in the country's southwest, a media report said. The investment, which would i...

Read More

Samsung made $38 bn in a single quarter: The next 5 years could be even bigger

In 2024, the company’s leadership issued a public apology. They admitted to “falling short of the market’s expectations” and failing to maintain “technological competitiveness.” For a company that once defined what it meant to be a global tech giant, that was a remarkable thing to say out loud. The stock r...

Read More

GLOBAL ECONOMY

Spain's Q1 GDP Quarterly Growth Confirmed at 0.6%

Spain's gross domestic product grew 0.6% in the first quarter of 2026, below the 0.8% growth in the previous quarter, the country's National Statistics Institute (INE) said on Thursday, confirming both the expectations of analysts...

Read More

IMF Sees Growth Slowing in Switzerland Before 2027 Rebound

Swiss economic growth will remain subdued in the near term, slowing to 1.1% in 2026, as sluggish growth among trading partners and heightened geopolitical and tariff uncertainty dampen external demand, the IMF said on Thursday....

Read More

Brazil Inflation Slightly Below Expectations in Mid-June

Brazil's consumer prices rose slightly less than expected in the month to mid-June, data from statistics agency IBGE showed on Thursday, with food costs driving the increase but losing momentum from the previous month....

Read More

US Weekly Jobless Claims Drop More Than Expected

The number of Americans filing claims for unemployment benefits fell more than expected last week, consistent with labor market resilience. Initial claims for state unemployment benefits dropped 12,000 to a seasonally adjusted ...

Read More

US Core Capital Goods Orders Rebound Sharply in May

New orders for key U.S.-manufactured capital goods rebounded sharply in May as demand increased broadly, suggesting business spending on equipment would again underpin economic growth in the second quarter....

Read More

US First-Quarter GDP Revised Sharply Higher; but Consumer Spending Nearly Stalls

The U.S. economy grew faster than previously estimated in the first quarter, but consumer spending almost stalled. Gross domestic product increased at an upwardly revised 2.1% annualized rate last quarter, the Commerce Departm...

Read More

IMF Sees Solid Momentum in US Economy; Says Fed Right to Hold Interest Rate Steady

The U.S. economy has seen solid growth momentum and inflation was expected to reach the Federal Reserve's 2% target by the end of 2027, the International Monetary Fund said on Thursday....

Read More

Fed's Goolsbee Sees Glimmer of Hope in Latest Inflation Data

Chicago Federal Reserve President Austan Goolsbee on Thursday said there was a "glimmer of hope" on services inflation in the latest U.S. inflation report, but underlying inflation pressures are still too high and trending the wro...

Read More

Bank of Canada Consultations Back 2% Inflation Target, Flag Affordability Concerns

The Bank of Canada's consultation on its monetary policy framework review found broad support for its 2% inflation target, but participants complained about the disconnect between official inflation data and actual price of goods,...

Read More

Tokyo June Core CPI Rises 1.6% Yr/yr

Core consumer prices in Tokyo rose 1.6% in June from a year earlier, government data showed on Friday. The core consumer price index for Japan’s capital, which includes oil products but excludes fresh food prices, compared with...

Read More

INDIAN CORPORATE

Amazon CEO announces additional $13 bn investment in India by 2030 after meeting PM Modi

Amazon on Thursday announced an additional investment of $13 billion in India by 2030 to expand its artificial intelligence and cloud infrastructure. The new commitment increases the company’s total planned investment in India to ...

Read More

Airtel continues to lead in net subscriber additions in May 2026

Bharti Airtel maintained its lead in subscriber additions in May 2026, adding 2.93 million wireless users, while market leader Reliance Jio trailed slightly at 2.16 million, according to data released by the Telecom Regulatory Aut...

Read More

Adani Airports to invest Rs 20,000 crore in airport cities

Adani Airport Holdings (AAHL) will invest more than Rs 20,000 crore in the first phase of developing airport cities across six airports as it looks to turn its aviation assets into integrated commercial and urban hubs, diversifyin...

Read More

Tata Power unveils Rs 15,000 crore Mumbai grid upgrade plan

Tata Power on Thursday unveiled a Rs 15,000-crore transmission infrastructure expansion plan for the Mumbai Metropolitan Region (MMR), centred on the development of a citywide 400 kV transmission ring network and significant upgra...

Read More

L&T expands data centre footprint, launches LTA Data Centres

Larsen & Toubro (L&T) announced key expansion in the data centre segment. The company in its regulatory filing said that its wholly owned subsidiary, Vyoma.AI, has incorporated a new wholly owned subsidiary, LTA Data Centres (LTAD...

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