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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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19
Jan
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Roundtable on “Vietnam–India Strategic Partnership in the Coffee Industry”
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INCOME TAX
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7
Jan
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Notification No. 173/2025
(Delhi)
S.O. 6065(E).—In exercise of the powers conferred by clause (ii) of sub-section (1) of section 35 of the Incometax Act, 1961
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7
Jan
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Notification No. 174/2025
(Delhi)
S.O. 6066(E).— In exercise of the powers conferred by clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961
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7
Jan
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Notification No. 175 /2025
(Delhi)
S.O. 6101(E).—In exercise of the powers conferred by clause (ii) of sub-section (1) of section 35 of the
Income-tax Act, 1961
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7
Jan
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Notification No.1/2026
(Delhi)
S.O. 44(E).— In exercise of the powers conferred by sub-clause (iv) of clause (c) of the Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961
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RBI
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7
Jan
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RBI/2025-26/173
(Delhi)
Reserve Bank of India (Commercial Banks – Credit Risk Management) –
Amendment Directions, 2026
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7
Jan
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RBI/2025-26/174
(Delhi)
Reserve Bank of India (Small Finance Banks – Credit Risk Management)
– Amendment Directions, 2026
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7
Jan
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RBI/2025-26/175
(Delhi)
Reserve Bank of India (Local Area Banks – Credit Risk Management) –
Amendment Directions, 2026
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7
Jan
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RBI/2025-26/178
(Delhi)
Reserve Bank of India (Rural Co-operative Banks – Credit Risk Management) –
Amendment Directions, 2026
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7
Jan
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RBI/2025-26/176
(Delhi)
Reserve Bank of India (Regional Rural Banks – Credit Risk Management) –
Amendment Directions, 2026
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7
Jan
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RBI/2025-26/177
(Delhi)
Reserve Bank of India (Urban Co-operative Banks – Credit Risk Management) –
Amendment Directions, 2026
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7
Jan
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RBI/2025-26/179
(Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Credit Risk
Management) – Amendment Directions, 2026
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7
Jan
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RBI/2025-26/180
(Delhi)
Reserve Bank of India (All India Financial Institutions – Credit Risk
Management) – Amendment Directions, 2026
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7
Jan
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RBI/2025-26/181
(Delhi)
Reserve Bank of India (Commercial Banks – Financial Statements:
Presentation and Disclosures) – Second Amendment Directions, 2026
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7
Jan
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RBI/2025-26/182
(Delhi)
Reserve Bank of India (Small Finance Banks – Financial Statements:
Presentation and Disclosures) – Amendment Directions, 2026
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7
Jan
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RBI/2025-26/183
(Delhi)
Reserve Bank of India (Local Area Banks – Financial Statements:
Presentation and Disclosures) – Amendment Directions, 2026
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7
Jan
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RBI/2025-26/184
(Delhi)
Reserve Bank of India (Regional Rural Banks – Financial Statements: Presentation and Disclosures) – Amendment Directions, 2026
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7
Jan
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RBI/2025-26/185
(Delhi)
Reserve Bank of India (Urban Co-operative Banks – Financial Statements: Presentation and Disclosures) – Amendment Directions, 2026
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7
Jan
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RBI/2025-26/186
(Delhi)
Reserve Bank of India (Rural Co-operative Banks – Financial Statements: Presentation and Disclosures) – Amendment Directions, 2026
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7
Jan
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RBI/2025-26/187
(Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Financial
Statements: Presentation and Disclosures) Directions, Amendment Directions, 2026
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7
Jan
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RBI/2025-26/188
(Delhi)
Reserve Bank of India (All India Financial Institutions – Financial Statements: Presentation and Disclosures) – Amendment Directions, 2026
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6
Jan
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RBI/2025-26/167
(Delhi)
Reserve Bank of India (Commercial Banks - Financial Statements: Presentation and Disclosures) Amendment Directions, 2026
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6
Jan
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RBI/2025-26/168
(Delhi)
Reserve Bank of India (Non-Banking Financial Companies – Prudential Norms
on Capital Adequacy) Amendment Directions, 2026
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6
Jan
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RBI/2025-26/169
(Delhi)
Reserve Bank of India (Non-Banking Financial Companies - Concentration
Risk Management) Amendment Directions, 2026
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6
Jan
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RBI/2025-26/170
(Delhi)
Returns – Department of Payment and Settlement Systems – Submission in CIMS
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6
Jan
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RBI/2025-26/171
(Delhi)
Returns – Department of Payment and Settlement Systems – Submission in CIMS
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6
Jan
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RBI/2025-26/172
(Delhi)
Returns – Department of Payment and Settlement Systems – Submission in CIMS
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INDIAN ECONOMY
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Road transport and highways minister Nitin Gadkari Wednesday said India will have to rein in imports while stepping up exports if it aims to become the world's third-largest economy.
"If the country wants to become the third-largest economy in the world, then it will have to reduce imports and increase exp...
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India's GDP growth rate is expected to moderate to 6.8 per cent in FY27 from 7.3 per cent in FY26 estimated by foreign brokerage firm Goldman Sachs.
However, according to the national accounts data released by the government on Wednesday, the growth rate in FY26 is estimated at 7.4 per cent....
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India Budget: Few sectors in post-liberalisation India have witnessed transformation as rapid, sustained and strategically driven as the defence industry. What was once a closed, import-dependent and public-sector-dominated domain has, within a decade, been reshaped through relentless policy reform, instituti...
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The Union budget, set to be tabled next month, is likely to see a rise in defence and capital expenditure as the government balances its fiscal consolidation agenda against growing domestic and external spending pressures, as per a report by BMI, a Fitch Solutions firm.
While the research firm believes tha...
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India Budget 2026: A two-pronged thrust at the policy and regulatory levels provided impetus to consumption in calendar year 2025, as evidenced by robust goods and services tax (GST) collections and uptick in retail credit.
While the central government offered income tax relief and rationalised the GST rat...
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The Indian economy is expected to grow by 7.4 per cent in the current fiscal, maintaining its status as the world’s fastest-growing major economy despite punitive US tariffs and geopolitical tensions.
The First Advance Estimates released by the Ministry of Statistics and Programme Implementation indicate a...
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A small group of states attracts a big share of new projects, while large parts of the country draw relatively little capital. Targeted public investment in lagging states, especially in power, logistics and infrastructure, is the most effective tool to correct this imbalance, explain KJ Joseph & Kiran Kumar...
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India’s economy is projected to grow at a robust 7.4% in 2025-26, in line with market expectations, but economists cautioned about moderation in the second half of the fiscal year amid global headwinds, softer nominal growth and an uneven sectoral outlook.
The National Statistical Office’s (NSO) First Adva...
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India’s economic growth in FY26 is expected to remain strong, with gross domestic product (GDP) likely to expand by about 7.5%, carrying a modest upward bias, SBI Research said.
The first advance estimates place growth at 7.4%, up from 6.5% in FY25, while Gross Value Added (GVA) is projected at 7.3%. Nomin...
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US President Donald Trump has backed a bipartisan sanctions bill that could allow Washington to impose steep trade penalties on countries continuing to buy Russian energy, including India. Republican Senator Lindsey Graham said the legislation was cleared after he met Trump on Wednesday and could be taken up ...
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MARKET & FINANCE
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The mutual fund AUM to bank deposits has surged by nearly three times in the last 10 years, according to Annual Outlook by Franklin Templeton Mutual Fund
The ratio has grown about 3 times from 12.6% in 2015 to over 33.5% in 2025. Bank deposits grew nearly 3 times in the past decade as compared to over 7 ti...
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GLOBAL CORPORATE
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US President Donald Trump said Venezuela will use proceeds from a new oil deal to purchase only American-made products, positioning the United States as the country's principal commercial partner.
Trump made the announcement in a post on Truth Social, saying the purchases would include agricultural goods, me...
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The largest U.S. banks are expected to report bigger fourth quarter profits next week, fueled by a surge in investment banking revenue as dealmaking accelerates.
The largest U.S. lender, JPMorgan Chase, will kick off earnings season for banks on Jan. 13. Citigroup, Bank of America and Wells Fargo will repo...
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Beijing has asked some Chinese tech companies to halt orders for Nvidia's H200 chips this week, and is expected to mandate domestic artificial intelligence chip purchases, the Information reported on Wednesday, citing people familiar with the matter.
Nvidia has been caught between Washington and Beijing, a...
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Oil producer Chevron is in talks with the U.S. government to expand a key license to operate in Venezuela so it can increase crude exports to its own refineries and sell to other buyers, four sources close to the negotiations said on Wednesday.
The talks come as Washington and Caracas progress in talks to ...
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Lockheed Martin said on Wednesday it delivered 191 F-35 fighter jets in 2025 to the United States and its allies, a record for the program.
"Annual F-35 production is now running at a pace five times faster than any other allied fighter currently in production," the company said in a statement.
...
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Samsung Electronics on Thursday projected a three-fold jump in fourth-quarter operating profit from a year earlier to a record high as tight supply and a surge in artificial intelligence-driven demand stoked prices for conventional memory chips.
The results highlight how chip prices have rocketed as chipma...
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Oil prices rose on Thursday after two days of declines, as a larger-than-expected draw in U.S. crude inventories provided some impetus for investors to buy futures while they monitor developments in Venezuela.
Brent crude futures climbed 29 cents, or 0.48%, to $60.25 a barrel at 0718 GMT, while U.S. West T...
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U.S. oil companies want "serious guarantees" from Washington before they make large investments in Venezuela, as President Donald Trump urges them to back his bid to reshape energy markets, the Financial Times reported on Wednesday.
U.S. officials held talks with top energy executives in Miami on Wednesday...
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Banking
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Credit card spending rose by 11.5% on-year to Rs 1.89 trillion in November, driven by higher card penetration and e-commerce spending but declined 11.9% from October which was festival month largely due to the normalisation of post-festive demand. Additionally, the November growth is 2x the 5% observed in the...
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Credit card usage has surged due to rewards, cashback, and milestone perks. When credit card expenses seem too high, circular, or don’t match declared income, they raise red flags. Such mismatches can trigger scrutiny notices or reassessment proceedings. Tax experts warn that aggressive reward-chasing without...
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GLOBAL ECONOMY
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China's foreign exchange reserves rose slightly less than expected in December, official data showed on Wednesday, as the dollar weakness persisted.
The country's foreign exchange reserves, the world's largest, increased by $11...
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The U.S. services sector activity unexpectedly picked up in December, suggesting the economy ended 2025 on a solid footing.
The Institute for Supply Management said on Wednesday its nonmanufacturing purchasing managers index i...
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Canadian economic activity expanded in December as employment increased at the fastest pace in 10 months, Ivey Purchasing Managers Index (PMI) data showed on Wednesday.
The seasonally adjusted index rose to 51.9 last month from...
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New orders for U.S. factory goods fell in October, but business spending on equipment was solid early in the fourth quarter.
Factory orders dropped 1.3%, weighed down by sharp declines in the volatile aircraft category, after a...
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A top Australian central banker said on Thursday that a slowdown in consumer price inflation for November was "helpful", but largely as expected and inflation was still too high.
In an interview with the Australian Broadcasting...
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The Bank of Japan said on Thursday the country's regional economies were recovering gradually and many firms saw the need to continue raising wages, signalling its optimism over the outlook that could justify raising still-low int...
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The U.S. services sector activity unexpectedly picked up in December, suggesting the economy ended 2025 on a solid footing. The Institute for Supply Management said on Wednesday its nonmanufacturing purchasing managers index incre...
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INDIAN CORPORATE
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The Adani Group has tied up with Brazilian aerospace major Embraer to make in India the latter's popular regional jets, which are operated on short- to medium-haul routes with seating capacity ranging from 70 to 146 passengers, as...
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Tata Power Renewable Energy will establish a greenfield 10 GW ingot and wafer manufacturing facility in Nellore, Andhra Pradesh, with an investment of Rs 6,675 crore.
The project will be the largest ingot and wafer manufacturin...
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Tata Steel said that its steel production volume (provisional) for the Indian market in Q3 FY26 stood at 6.34 million tonnes. The company’s steel production in India grew by 11.42 per cent year-on-year, as the same was at 5.69 mil...
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Uber has launched an employee transportation service in India, marking its entry into the corporate commute segment with operations already live in Mumbai, Pune, and Chennai. The company’s initial focus will be to expand the servi...
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IT services giant Infosys has announced a partnership with Amazon Web Services (AWS) to push adoption of generative artificial intelligence. The initiative will integrate Infosys’ suite of AI-first services Topaz with AWS’ AI assi...
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Larsen & Toubro (L&T) has won a supply order from the Indian Army’s Corps of Electronics and Mechanical Engineers (EME). The order is for the overhaul, upgrade and obsolescence management of the indigenous Pinaka Multi-Rocket Laun...
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Property developer Lodha Developers posted record quarterly pre-sales of Rs 5620 crore in Q3FY26, with 25% YoY growth. Sequentially they grew 23%.
“Strong momentum in our sustenance sales and significant launch pipeline in Q4 w...
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