|
|
| IMC Digital Processes have changed with online features, to experience the new processes visit us at https://www.imcnet.org
|
|
|
|
|
|
| |
|
19
Nov
|
Match4industry Business Matchmaking Event- 19th-20th November 2025
|
|
|
|
 |
|
|
|
|
| |
|
CUSTOMS
|
|
17
Oct
|
Notification No. 65/2025
(Delhi)
S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962
|
|
|
INCOME TAX
|
|
17
Oct
|
Notification No. 151/2025
(Delhi)
S.O. 4678(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961
|
|
|
|
|
17
Oct
|
Notification No. 152/2025
(Delhi)
S.O. 4679(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961
|
|
|
|
|
17
Oct
|
Notification No. 153/2025
(Delhi)
S.O. 4680(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961
|
|
|
|
|
|
|
|
|
INDIAN ECONOMY
|
|
|
Flux in the global economy presents considerable challenges to the global macroeconomic outlook and the Indian economy is not immune, the central bank said in its monthly bulletin.
But the domestic economy has so far exhibited resilience, it said, adding that low inflation, strong corporate and banking bal...
Read More
|
|
Minister of Commerce and Industry Piyush Goyal on Sunday listed the Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA) which has now come into force, and his meeting with UK Prime Minister Keir Starmer in Mumbai to advance the India-UK trade and invest...
Read More
|
|
India’s central bank is taking active steps to allow free-trade partners to settle transactions with it more easily in the rupee, a person familiar with the matter said, a move that could help boost the local currency over time.
Initial steps include establishing direct rupee rates that don’t rely on a thi...
Read More
|
|
After the United States under President Donald Trump imposed a sweeping 50% tariff on a large basket of Indian exports, India's trade outlook began appearing gloomy. The tariffs impacted more than 60% of India’s exports to the US, including critical labour-intensive sectors such as textiles, gems and jeweller...
Read More
|
|
The next-generation Goods and Service Tax (GST) reforms unveiled late September have brought about the desired price reductions for essential items and goods consumed by the middle-class in the ongoing festive season, laying the foundation for sustained consumption and investment growth, Finance Minister Nirm...
Read More
|
|
Reflecting a clear trend of market diversification, Indian exporters registered positive growth in 24 countries during the first half of the current fiscal year, even as shipments to the US declined due to high tariffs in September, official data showed.
These 24 countries include Korea, UAE, Germany, Togo...
Read More
|
|
The blow to India’s exports to the US from heightened tariffs has been softened by the growth in other markets helping to keep exports growing in September too, according to a report.
Reflecting the impact of the additional US tariffs, merchandise exports to the US grew -11.9% on-year to $5.5 billion in Se...
Read More
|
|
Ram Singh, director and professor at Delhi School of Economics and member of the Reserve Bank of India’s (RBI) monetary policy committee, believes that benign inflation and signs of private investment recovery support further easing. However, he tells Kshipra Petkar that global headwinds and external volatili...
Read More
|
|
With India’s growth momentum facing headwinds from US trade policies, monetary policy committee member Nagesh Kumar, in an interview with Mahesh Nayak, stressed the need for a prompt shift in the policy stance and a multi-pronged policy response to protect MSMEs, diversify exports and support domestic demand....
Read More
|
|
|
|
|
GLOBAL CORPORATE
|
|
|
The United States has turned to Australia in efforts to counter China's influence over critical minerals.
US President Donald Trump and Australian PM Anthony Albanese on Monday, signed a landmark $8.5 billion agreement as they met at the White House.
The deal commits both nations to invest $1 billion each o...
Read More
|
|
China likes to condemn the United States for extending its arm too far outside of its borders to make demands on non-American companies. But when it sought to hit back at the U.S. interests this month, Beijing did exactly the same.
In expanding export rules on rare earths, Beijing for the first time announ...
Read More
|
|
Apple's iPhone 17 series outperformed its predecessor in early sales in China and the United States, research firm Counterpoint said on Monday.
The newer models outsold the iPhone 16 series by 14% during their first 10 days of availability in the two countries, Counterpoint said in a report.
Sales of th...
Read More
|
|
The United States and Australia extended financial support to several Australian companies as part of a wide-ranging critical minerals agreement aimed at countering China's hold over the industry, sending the firms' shares sharply higher on Tuesday.
Under the deal signed by U.S. President Donald Trump and ...
Read More
|
|
LOS ANGELES: September imports to the busiest U.S. seaport complex dropped 7.3% from the year earlier, after rising prices driven by President Donald Trump's shifting tariff policies and early stockpiling to avoid those duties weakened demand, port executives said. Imports processed by the Port of Long Beach ...
Read More
|
|
BEIJING -China's exports of rare earth magnets fell in September, reigniting fears that the world's top supplier could wield its dominance over a component key for U.S. defence firms and makers of items from cars to smartphones as leverage in trade talks.
In April and May, Beijing squeezed global automaker...
Read More
|
|
Gucci owner Kering has agreed to sell its beauty business to L'Oreal for Rs 4 billion ($4.7 billion), the first major gambit by new CEO Luca de Meo as he stamps his mark on the luxury group and cuts back its debt pile.
Under the deal, French beauty giant L'Oreal will acquire Kering's fragrance line Creed, ...
Read More
|
|
US President Donald Trump has threatened to impose a hefty 155% tariff on Chinese goods unless the US and China could come to a fair trade agreement. Trump’s remarks came as he signed a critical minerals agreement with Australian Prime Minister Anthony Albanese at the White House.
“I think China’s been ver...
Read More
|
|
|
|
|
|
|
|
|
Banking
|
|
|
A spate of billion-dollar deals for Indian banks has thrust the country’s financial sector into the global spotlight, at a time when US credit losses and trade tensions have rattled investors globally.
Over the weekend, Emirates NBD Bank PJSC said it plans to invest $3 billion in RBL Bank Ltd., marking the...
Read More
|
|
Enthused by the initial round of digital-footprint-based lending, the government is nudging public sector banks (PSBs) to increase the threshold for such loans to around Rs 1-2 crore from Rs 50 lakh. The enhanced thresholds could enable them to collectively achieve around Rs 1 lakh crore loan disbursement thr...
Read More
|
|
|
|
|
|
|
|
|
|
|
|
|
GLOBAL ECONOMY
|
|
|
| Trade Report |
| Country |
Month |
Link |
| Switzerland |
July 2019 |
Click |
|
|
International finance chiefs are returning home with a measure of relief over the surprising resilience of the global economy to the cascade of policy shocks through the first nine months of Donald Trump's second U.S. presidency b...
Read More
|
|
New Zealand's annual inflation accelerated in the third quarter, coming in at 3.0%, in line with analysts' forecasts and at the top end of the central bank's target range, official data showed on Monday.
The consumer price inde...
Read More
|
|
China's economic growth likely slowed to a one-year low in the third quarter as a prolonged property downturn and trade tensions weigh on demand, keeping pressure on policymakers to roll out more stimulus to shore up confidence an...
Read More
|
|
Vietnamese Prime Minister Pham Minh Chinh said on Monday the government would target record GDP growth of at least 10% in 2026, saying the Southeast Asian economy had proven resilient despite pressure from external shocks.
Grow...
Read More
|
|
Financial markets cheered last week's defeat of no-confidence votes in the French government but any reprieve in weeks of political chaos will be short-lived unless budget talks starting on Monday find the savings needed to cut th...
Read More
|
|
Mexico's annual inflation rate likely slowed in the first half of October, a Reuters poll showed on Monday, supporting bets the central bank of Latin America's second-largest economy will continue to cut its benchmark interest rat...
Read More
|
|
Morocco's finance ministry on Monday submitted to the country's parliament a 2026 draft budget totalling 761.3 billion dirhams ($83 billion), up 5.5% from a year ago.
The government expects economic growth to slow to 4.6% next ...
Read More
|
|
Germany's federal and state government tax revenues were up 2.6% in September from the same month a year ago, the finance ministry said in a report on Tuesday, adding that tax revenues will not get a boost from economic momentum i...
Read More
|
|
A group of U.S. banks, including JPMorgan Chase, Bank of America and Goldman Sachs, is hesitant to lend $20 billion to Argentina without guarantees or collateral, the Wall Street Journal reported on Monday.
U.S. Treasury Secret...
Read More
|
|
Gold and silver continued to rally this week, despite a Friday tumble, amid renewed trade tensions between the world’s top economies.
In China, credit growth slowed, dragged by government bond sales and sluggish loan demand amo...
Read More
|
|
|
INDIAN CORPORATE
|
|
|
Reliance Industries has reportedly increased its procurement of Middle Eastern crude oil, purchasing at least 2.5 million barrels last week. This shift comes as Western governments intensify pressure on India to curb the import of...
Read More
|
|
Reliance Industries (RIL) is expected to build on its retail and fuel refining verticals while new energy and AI are the key for next leg of growth, according to brokerages. RIL on Friday missed analyst estimates for the Q2FY26 as...
Read More
|
|
|
COMMERCIAL LAW
|
|
|
Union Minister Piyush Goyal has said that the recent surge in Foreign Direct Investment (FDI) in the country reflects the growing attractiveness of the Indian economy to global investors.
He highlighted that investors from acro...
Read More
|
|
The Ministry of Corporate Affairs (MCA) in a notification has allowed companies to file their financial statements and annual returns for FY 2024–25 using the newly revised e-forms on the MCA-21 version 3 portal without paying add...
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 .
|
|
|
|
|
|