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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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23
Apr
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PHDCCI - IMC: Business Delegation from Trinidad and Tobago (Country in the Caribbean)
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RBI
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14
Apr
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RBI/2026-27/10
(Delhi)
Master Direction - Reserve Bank of India (Non-resident Investment in Debt
Instruments) Directions, 2025 amendment
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14
Apr
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RBI/2026-27/09
(Delhi)
Formation of new districts in the State of Andhra Pradesh – Assignment of Lead Bank Responsibility
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14
Apr
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RBI/2026-27/08
(Delhi)
Guidelines to facilitate faster cross-border inward payments
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INDIAN ECONOMY
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New Delhi, India's crude oil purchases from Russia more than tripled to 5.3 billion euro in March as volumes doubled and a surge in oil prices pushed up the import bill.
European think tank Centre for Research on Energy and Clean Air (CREA), in a report, said after a drop in purchases in February, India wa...
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The Jan Vishwas (Amendment of Provisions) Bill, 2026 proposes to amend 79 Central Acts administered by 23 ministries, covering 784 provisions across multiple sectors. A key change proposed by this bill is related to the NDMC Act, 1994. The bill proposes to shift NDMC property tax methodology from the outdated...
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According to a whitepaper shared by Client Associates Private Wealth Management, household financial debt has jumped to 6.2% of GDP as of FY24 compared to pre-pandemic average of 4.1%. Net financial savings has also reduced from 7.7% to 5.2% of GDP.
Indian households contribute nearly 60% of the national d...
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Imported inflation increased to 6.49% in March, up from 6.35% in February, amid ongoing exchange rate fluctuations and external shocks such as supply chain disruptions, according to the latest State Bank of India (SBI) Ecowrap report.
The imported component of generalised price pressures, which has a weigh...
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A shift in global crude cargo flows triggered by the US blockade of Iranian ports is set to tighten supply across Asia, with China’s move to replace Iranian barrels expected to push up prices, freight and insurance costs for India in the coming weeks.
China, which accounts for nearly 90% of Iranian crude p...
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The automobile industry posted its highest-ever annual sales in FY26, with volumes rising 10.4% year-on-year to 28.27 million units, driven by a strong recovery in the second half and improved consumer sentiment, according to data released by Society of Indian Automobile Manufacturers (Siam) on Tuesday.
Pa...
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GLOBAL CORPORATE
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China's largest trade fair, held twice a year, opened on Wednesday in the southern city of Guangzhou, where more than 32,000 exhibitors are showcasing products over an area larger than 200 football fields....
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Virgin Australia on Wednesday forecast higher fuel costs and said it has adjusted airfares and capacity for the second half, citing recent price volatility linked to the conflict in the Middle East.
The airline expects fuel costs, a major expense, to rise by about A$30 million to A$40 million ($21.38 milli...
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Uber has committed more than $10 billion to buying thousands of autonomous vehicles and taking stakes in their developers, breaking from its asset-light "gig economy" business model to avoid disruption from robotaxis, the Financial Times reported on Wednesday.
Reuters could not immediately verify the repor...
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Meta will work with chip designer Broadcom to produce several generations of custom artificial intelligence processors under an expanded deal as the social media giant races to build out the computing capacity needed to power AI features across its apps.
Tuesday's announcement extends the tie-up until 2029...
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Goldman Sachs posted a rise in first-quarter profit on Monday, as the Wall Street bank benefited from strength in dealmaking and equities trading. Global markets have been roiled by the Iran war as rising crude oil prices fan inflation fears and exacerbate worries about a recession.
The heightened volatili...
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RBI
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India’s central bank is seeking input from commercial lenders on how they can bring in larger and more stable deposits, as a shift in household savings into equities and other investment products threatens to snowball into a bigger problem for the country’s banks.
In meetings with banks over the past few w...
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GLOBAL ECONOMY
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South Korea's import prices rose in March at the sharpest pace in more than three years on a surge in oil prices sparked by the Middle East conflict, central bank data showed on Wednesday.
The Bank of Korea's import price index...
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Global oil demand will decline this year for the first time since the 2020 pandemic as a price surge caused by West Asia conflict wipes out growth, the International Energy Agency (IEA) said.
"The Iran war has thoroughly upende...
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The U.S. Bureau of Labor Statistics has published the March 2026 CPI data today. The Consumer Price Index in the United States increased 0.9% month-over-month in March 2026, the largest increase since June 2022, following a 0.3% g...
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INDIAN CORPORATE
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Volkswagen has launched the facelifted Taigun at a starting price of Rs 11 lakh (ex-showroom) while introducing an assured buyback programme to enhance ownership appeal. The company is offering a guaranteed residual value of 75 pe...
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According to PTI, Gas Authority of India (GAIL) will invest Rs 3,800 crore as part of its renewable energy initiatives. The PSU will set up 700 megawatts worth of solar power projects across the states of Uttar Pradesh and Maharas...
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The Wealth Company has announced the launch of two new schemes under WSIF, its specialized investment fund offering. The schemes include WSIF Equity Long-Short Fund and WSIF Equity Ex-Top 100 Long-Short Fund.
Both investment st...
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Adani Electricity Mumbai Infrastructure (AEMIL), a subsidiary of Adani Energy Solutions Ltd (AESL), on Tuesday said it has commissioned a 1,000-megawatt (MW) highvoltage direct current (HVDC) transmission link between Kudus and Aa...
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COMMERCIAL LAW
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India may allow foreign direct investment (FDI) in ecommerce inventory solely for export purposes with stringent safeguards such as separate warehouses to differentiate such stocks from those destined for the domestic market, said...
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