|
|
| IMC Digital Processes have changed with online features, to experience the new processes visit us at https://www.imcnet.org
|
|
|
|
|
|
| |
|
15
Aug
|
Gem City Ratnapura 2025 - International Gem and Jewellery Exhibition- 15th - 17th August 2025
|
|
|
18
Sep
|
Industry Expo 2025, Colombo, Sri Lanka- 18th to 21st September 2025
|
|
|
15
Oct
|
40th Trade Expo Indonesia Exhibition | Seminar | Business Matching | Trade Mission- 15th to 19th October 2025
|
|
|
|
 |
|
|
|
|
| |
|
INCOME TAX
|
|
26
Jun
|
Notification No. 67/2025
(Delhi)
S.O. 2768(E).—In exercise of the powers conferred by sub-section (1F) of section 197A read with subsections (1A) and (2) of section 80LA of the Income-tax Act, 1961
|
|
|
|
|
26
Jun
|
Notification No. 68/2025
(Delhi)
S.O. 2829(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961
|
|
|
|
|
26
Jun
|
Circular No. 07/2025
(Delhi)
Relaxation of time limit for processing of valid returns of income filed electronically pursuant to order u/s 119(2)(b) of the Income-tax Act,1961 passed by Competent Authority-reg.
|
|
|
|
|
23
Jun
|
Notification No. 65/2025
(Delhi)
S.O. 2739(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961
|
|
|
|
|
23
Jun
|
Notification No. 66/2025
(Delhi)
S.O. 2740(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961
|
|
|
RBI
|
|
26
Jun
|
RBI/2025-26/62
(Delhi)
The Depositor Education and Awareness (DEA) Fund Scheme, 2014 – Revised Operational Guidelines
|
|
|
|
|
23
Jun
|
RBI/2025-26/61
(Delhi)
Review of Priority Sector Lending norms - Small Finance Banks
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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
|
|
|
India's external debt increased by 10 per cent to USD 736.3 billion at the end of March 2025 compared to USD 668.8 billion in the year-ago period, the Reserve Bank said on Friday.
As a percentage of the GDP, the external debt increased to 19.1 per cent at the end of the recently concluded financial year fr...
Read More
|
|
New Delhi: The NITI Aayog could prepare a blueprint for interventions needed to boost private sector investment in infrastructure creation, after a recent government survey suggested a likely dip of 25% in private sector capital expenditure in this financial year, said officials. While the Centre has been pus...
Read More
|
|
The Gross Value of Output (GVO) from the agriculture and allied sector increased 54.6 per cent during FY12 to FY24 to Rs 29.49 lakh crore at constant prices, National Statistics Office (NSO) said on Friday.
The NSO, part of the Ministry of Statistics and Programme Implementation (MoSPI), has released the a...
Read More
|
|
Anand Radhakrishnan, MD, Sundaram Mutual Fund, says rate cuts are expected to boost both listed and unlisted companies by improving liquidity and credit availability. Consumption, which accounts for over 50% of the economy, is likely to rise due to tax relief, falling interest rates, and potential wage growth...
Read More
|
|
India’s current account balance recorded a surplus of USD 13.5 billion (1.3 per cent of GDP) in the January-March quarter of 2024-25 as compared with USD 4.6 billion (0.5 per cent of GDP) in the year-ago period, RBI said on Friday. The current account was in deficit of USD 11.3 billion (1.1 per cent of GDP) i...
Read More
|
|
India’s imports of Russian crude oil in June are expected to touch a two-year high of 2.13 million barrels per day, supported by significant pricing advantages, according to provisional data from global real-time data and analytics provider Kpler.
On a monthly basis too, Russian oil supplies to the countr...
Read More
|
|
The stand the US is taking in its negotiations with key partners suggest that even if an interim trade agreement with India gets finalised, Indian exports will still be subject to duties that are higher than those that prevailed prior to introduction of reciprocal tariffs on April 2 while New Delhi will end u...
Read More
|
|
The credit growth of the banking sector picked up stood at 9.62% on year at Rs 183.14 lakh crore as on June 13, according to the fortnightly data released by the Reserve Bank of India on Friday. On a fortnightly basis, the credit growth was up 0.15%.
At the end of May, credit growth of the banking sector h...
Read More
|
|
|
MARKET & FINANCE
|
|
|
India’s forex reserves dropped by USD 1.01 billion to USD 697.93 billion for the week ended June 20, the Reserve Bank of India said on Friday.
In the previous reporting week, the reserves had jumped by USD 2.29 billion to USD 698.95 billion. Forex reserves had touched an all-time high of USD 704.885 billio...
Read More
|
|
|
GLOBAL CORPORATE
|
|
|
Meta Platforms is seeking to raise $29 billion from private capital firms to build artificial intelligence data centers in the U.S., the Financial Times reported on Friday.
The Facebook-parent has advanced discussions with private credit investors including Apollo Global Management, KKR, Brookfield, Carlyl...
Read More
|
|
US President Donald Trump on Friday abruptly cut off ongoing trade negotiations with Canada, citing the country’s digital services tax on US tech giants. He described the move as “a direct and blatant attack on our country” and vowed to impose new tariffs on Canadian goods within the next week.
“Based on t...
Read More
|
|
Toyota Motor's global sales rose for a fifth straight month in May, setting a record for the month, as strong demand in markets such as the U.S. held firm despite President Donald Trump's tariffs, the automaker said on Friday.
Worldwide sales climbed 6.9% year-on-year to 898,721 vehicles in May, driven by ...
Read More
|
|
Microsoft's next-generation Maia AI chip is facing a delay of at least six months, pushing its mass production to 2026 from 2025, The Information reported on Friday, citing three people involved in the effort.
When the chip, code-named Braga, goes into production, it is expected to fall well short of the p...
Read More
|
|
By Christina Amann and Laurie Chen
BERLIN/BEIJING (Reuters) -The threat of mass shutdowns across the automotive supply chain is fading as Chinese rare earth magnets begin to flow, though automakers and suppliers say production plans still face uncertainties and a continued risk of shortages.
European su...
Read More
|
|
The fighter jet business is brisk today due to geopolitical urgency, defence budget surges, aging fleets, breakthrough technologies and expanding global competition. Countries are aggressively modernising their air power. Recent geopolitical crises -- between India-Pakistan and Israel and Iran -- have acceler...
Read More
|
|
|
|
|
|
|
|
|
Banking
|
|
|
Many banks including SBI, HDFC Bank and Kotak Mahindra Bank have revised their credit card rules, which will come into effect in July 2025. These include the discontinuation of free air accident insurance on certain SBI cards, the introduction of new transaction fees and reward point limits by HDFC Bank, and ...
Read More
|
|
Finance Minister Nirmala Sitharaman on Friday asked public sector banks (PSBs) to take advantage of Reserve Bank's jumbo 50 basis points rate cut to increase lending toward productive sectors of the economy.
During a meeting to review financial performance of PSBs, Sitharaman asked their chiefs to maintain...
Read More
|
|
Post offices across India will start accepting digital payments at counters from August after completing the rollout of a new application in their IT system, official sources said.
Post offices have not been able to accept digital payments as they don't have their accounts synced with UPI (unique payment i...
Read More
|
|
|
|
|
|
|
|
|
|
|
|
|
GLOBAL ECONOMY
|
|
|
| Trade Report |
| Country |
Month |
Link |
| Switzerland |
July 2019 |
Click |
|
|
Twenty-two of the largest banks in the U.S. are well-positioned to weather a hypothetical severe economic downturn and continue lending, with firms maintaining robust capital levels even after suffering hundreds of billions of dol...
Read More
|
|
Italian businesses sentiment improved for a second month running in June but consumer morale fell back slightly, data showed on Friday, in mixed signs for the prospects of the euro zone's third largest economy.
National statist...
Read More
|
|
China's central bank said on Friday that it would adjust the pace and intensity of policy implementation in response to domestic and global economic and financial conditions.
The world's No.2 economy has faced pressure this yea...
Read More
|
|
Canada's economy contracted in April on a monthly basis, data showed on Friday, as sectors exposed to tariffs and uncertainty negated a boost from services.
Gross domestic product contracted by 0.1% month on month in April, Sta...
Read More
|
|
The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index gained 0.1% in May, matching the rise in April and in line with the consensus estimate in a Reuters poll of economists.
In the 12 mo...
Read More
|
|
U.S. consumer spending unexpectedly fell in May as the boost from the pre-emptive buying of goods like motor vehicles ahead of tariffs faded, while monthly inflation increases remained moderate.
Consumer spending, which account...
Read More
|
|
Helen Thompson is Professor of Political Economy at Cambridge University. Speaking to Srijana Mitra Das, she discusses Iran — and why the Tehran conflict is occuing.
Q. What is the core of your research?
A. Over the last 10 ye...
Read More
|
|
|
INDIAN CORPORATE
|
|
|
Reliance Consumer Products Limited (RCPL), a subsidiary of the Reliance Group, will establish a Rs 1,622-crore mega beverage manufacturing facility at the Orvakallu Mega Industrial Hub in Andhra Pradesh’s Kurnool district. The pla...
Read More
|
|
Bharat Heavy Electricals Limited (BHEL) has received an order worth about Rs 6500 crore from Adani Power. As per the exchange filings, the public sector company has received the order from Adani Power for the construction of six t...
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 .
|
|
|
|
|
|