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| IMC Digital Processes have changed with online features, to experience the new processes visit us at https://www.imcnet.org
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15
Aug
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Gem City Ratnapura 2025 - International Gem and Jewellery Exhibition- 15th - 17th August 2025
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18
Sep
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Industry Expo 2025, Colombo, Sri Lanka- 18th to 21st September 2025
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15
Oct
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40th Trade Expo Indonesia Exhibition | Seminar | Business Matching | Trade Mission- 15th to 19th October 2025
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CUSTOMS
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16
Jul
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Notification No. 46/2025
(Delhi)
S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962
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INCOME TAX
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16
Jul
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Notification No. 79/2025
(Delhi)
S.O. 3133(E).— In exercise of the powers conferred by sub-clause (iv) of clause (c) of Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961
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16
Jul
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Notification No. 80/2025
(Delhi)
S.O. 3134(E).— In exercise of the powers conferred by sub-clause (iv) of clause (c) of Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961
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16
Jul
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Notification No. 81/2025
(Delhi)
S.O. 3135(E).— In exercise of the powers conferred by sub-clause (iv) of clause (c) of Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961
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16
Jul
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Notification No. 82/2025
(Delhi)
S.O. 3136(E).— In exercise of the powers conferred by sub-clause (vi) of clause (b) of Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961
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16
Jul
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Notification No. 83/2025
(Delhi)
S.O. 3137(E).— In exercise of the powers conferred by sub-clause (vi) of clause (b) of Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961
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16
Jul
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Notification No. 84/2025
(Delhi)
S.O. 3138(E).— In exercise of the powers conferred by sub-clause (vi) of clause (b) of Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961
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16
Jul
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Notification No. 85/2025
(Delhi)
S.O. 3139(E).— In exercise of the powers conferred by sub-clause (vi) of clause (b) of Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961
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LIVE MARKET
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EURO
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INDIAN ECONOMY
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India's current account deficit (CAD) is likely to see a marginal rise in FY26 as there is minor upward risk on it, noted a report by Union Bank of India.
However, the UBI report maintained its earlier forecast of a widening CAD to 1.2 per cent of GDP in FY26, compared to an estimated 0.9 per cent in FY25....
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Sunil Mittal, the chairman of Bharti Airtel, has exuded confidence in India's ability to move at a steady economic clip even in face of global headwinds intensified by rising trade disputes and ongoing conflicts.
In a note in Airtel's latest annual report, the telecom industry tycoon said that political st...
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Hyderabad, India's electronics exports have soared past USD 40 billion, marking an eight-fold growth over the last 11 years, Union Minister Ashwini Vaishnaw said on Saturday.
He also highlighted that the domestic electronics production has gone up by six times.
Addressing the 14th Convocation of IIT Hyd...
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The government’s fertiliser subsidy bill for FY26 could see a rise from the budget estimates (BE) of Rs 1.67 lakh crore, owing to a steep 23% rise in global prices of Di-Ammonia Phosphate (DAP) since the beginning of April.
Sources told FE that in addition to budgetary allocation of Rs 37,216 crore towards...
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India and the UK are likely to sign their Free Trade Agreement (FTA) next week, as the legal teams from both sides have nearly got the formal text of the pact ready.
The conclusion of FTA negotiations between India and the UK was announced on May 6. After the announcement of the deal, legal teams from bot...
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India’s crude import bill declined by 18.6% during the first three months of financial year 2025-26, reaching $30.6 billion compared to $37.6 billion in the same period of FY24, according to data from the Petroleum Planning and Analysis Cell. The decline in the import bill can be attributed to India’s heavy r...
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MARKET & FINANCE
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U.S. equity funds again came under selling pressure through the week to July 16, dampened by worries over President Donald Trump's tariff rhetoric and the buildup in inflationary pressure, potentially keeping the Federal Reserve cautious about a premature rate cut.
Investors jettisoned a net $11.75 billion...
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Global hedge funds had their strongest inflows in the first half of the year since 2015, gaining popularity in turbulent markets amid U.S. President Donald Trump's new trade policies, data from provider HFR showed.
Hedge funds lured $37.3 billion in inflows in the first half of 2025, while they attracted $...
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India's forex reserves dipped by $3.06 bn to $696.67 billion for the week ending July 11, data by the Reserve Bank of India showed on Friday.
The country’s foreign exchange reserves stood at $699.74 billion as of July 4, down by $3.04 billion from the previous week.
For the week ending on July 11, forei...
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The seven-day variable rate reverse repo (VRRR) auction on Friday received a good response with a subscription of Rs 2.08 lakh crore. This was in contrast to the tepid response to the other recent VRRR auctions. The Reserve Bank of India (RBI) accepted a sum of Rs 2 lakh crore from banks at a cut-off rate of ...
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Markets regulator Sebi on Friday proposed to review the categorisation of mutual fund schemes in a bid to improve clarity and address the issue of overlap in portfolios of schemes.
The proposal came after Sebi noted a significant overlap of portfolios in some schemes and felt the necessity to introduce cle...
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GLOBAL CORPORATE
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U.S. insurers are requesting the biggest premium increases for Obamacare plans since 2018, according to an analysis by health-research firm KFF, prompted by the looming expiry of premium tax credits and potential tariffs on medical goods.
Insurers are proposing a median premium increase of 15% for 2026, KF...
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Major automakers should push for "rational competition" in the electric vehicle industry, a senior Chinese official said on Thursday, according to a statement from the industry ministry published on Friday.
The comments from Che Jun, head of a Communist Party central leading group, came a day after China's...
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The Chinese embassy in Ottawa criticized duties slapped by Canada this week on Chinese imported steel, saying on Friday they violated World Trade Organization (WTO) rules and disrupted the global trade order.
The embassy statement, in response to questions from Reuters, followed an agreement between Canada...
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Chevron has scored a critical ruling in Paris that has given it the go-ahead for a USD 53 billion acquisition of Hess and access to one of the biggest oil finds of the decade.
Chevron said Friday that it completed its acquisition of Hess shortly after the ruling from the International Chamber of Commerce i...
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GLOBAL ECONOMY
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| Trade Report |
| Country |
Month |
Link |
| Switzerland |
July 2019 |
Click |
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Pakistan recorded a current account surplus of $2.1 billion during the current fiscal year ending June 30, according to official data.
Prime Minister Shehbaz Sharif hailed the development as a sign of an improving economy.
T...
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Chinese economists urged local governments to focus on consumption to support economic growth over the next five years, as trade tensions weigh on exports and expose vulnerabilities in the economy.
Liu Qiao, Dean of the Guanghu...
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U.S. consumer sentiment improved in July, and while inflation expectations continued to decline, households still saw substantial risk of price pressures increasing in the future.
The University of Michigan's Surveys of Consume...
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The International Monetary Fund warned on Friday that risks related to trade tensions continue to cloud the global economic outlook and uncertainty remains high despite some increased trade and improved financial conditions.
IM...
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The International Monetary Fund said on Friday it has completed its second review of Ecuador's Extended Fund Facility and approved an augmentation of the program by about $1 billion.
The approval will allow Ecuador to immediat...
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Pakistan will have to pay over USD 23 billion in external debt during the current fiscal year, which began on July 1, according to a media report.
Pakistan's total debt was Rs 76.01 trillion at the end of March this year, compr...
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A significant move that could change how Americans save for retirement is about to be taken by President Donald Trump. As early as this week, Trump is anticipated to sign an executive order permitting professionally managed 401(k)...
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INDIAN CORPORATE
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Yes Bank's fiscal first quarter net profit jumped 59.4 percent year-on-year to Rs 801 crore, its highest quarterly profit since its reconstruction, it said in a stock exchange filing on Saturday. The private sector lender's Q1 FY2...
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National Company Law Appellate Tribunal (NCLAT), Friday, stayed the initiation of the corporate insolvency resolution process (CIRP) against Reliance Infrastructure as it was informed that the company had settled the due amount.
...
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After pushing its own mobiles and soft drinks into India's vast consumer market, Reliance Retail has set its eyes on selling refrigerators, ACs and washing machines in a segment dominated by global giants such as LG and Samsung. T...
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Jio Financial Services (JFSL) on Friday announced that it has entered into a binding agreement to form a 50:50 domestic reinsurance joint venture (JV) with Allianz Group (Allianz). The Munich-based group, through its wholly-owned ...
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Anil Ambani-led Reliance Infrastructure got relief as the National Company Law Appellate Tribunal (NCLAT), New Delhi, stayed the order initiating corporate insolvency resolution proceedings (CIRP) against the company on July 18.
...
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Hindustan Zinc, a subsidiary of Vedanta Limited, on Friday released its fiscal first quarter earnings report with profit at Rs 2,234 crore, surpassing estimates. This was 4.73 per cent lower than Rs 2,345 crore recorded during the...
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Mukesh Ambani-led Reliance Industries has reported a robust 78.32 per cent rise in consolidated net profit for the first quarter, reaching Rs 26,994 crore.The Chairman, in his note to shareholders, reiterated that the “business wi...
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Indian Overseas Bank’s (IOB) net profit rose 76% year-on-year to Rs 1,111 crore in the April-June quarter due to a fall in provisions and growth in other income.
The bank’s other income grew by 43.4% y-o-y as the bank sold prio...
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Taking a new set of punitive measures against Russia for its war against Ukraine, the European Union on Friday imposed sanctions on the Indian oil refinery of Russian energy major Rosneft and lowered the oil price cap.
In addit...
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Reliance Retail’s Profit After Tax (PAT) jumped by 28.3 per cent YoY in the first quarter of fiscal year 2026. The company posted a profit of Rs 3271 crore in Q1FY26, against a profit of Rs 2549 crore in Q1FY25.
Reliance Retai...
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JSW Steel Ltd on Friday released its fiscal first quarter earnings report with profit at Rs 2,209 crore, surpassing estimates. The company reported a surge of 154.79 per cent in comparison to Rs 867 crore recorded during the corre...
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GST
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Kindly refer to the advisory on table 3.2 of GSTR-3B, issued on 11th April 2025, wherein it was informed that, from April 2025 tax period, inter-State supplies auto-populated in Table 3.2 of GSTR-3B on the GST portal would be made non-editable and GSTR-3B must be filed with system-generated values only.
2....
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