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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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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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19
Nov
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Match4industry Business Matchmaking Event- 19th-20th November 2025
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INCOME TAX
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14
Aug
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Notification No. 131/2025
(Delhi)
S.O. 3675(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961
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12
Aug
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Notification No. 130/2025
(Delhi)
S.O. 3627(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961
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11
Aug
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Notification No. 126/2025
(Delhi)
G.S.R. 503(E).— In exercise of the powers conferred by section 295 read with clause (4E) of section 10 of the Income-tax Act, 1961
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11
Aug
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Notification No. 127/2025
(Delhi)
S.O. 3557(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act,1961
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11
Aug
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Notification No. 128/2025
(Delhi)
S.O. 3558(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961
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11
Aug
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Notification No. 129/2025
(Delhi)
S.O. 3559(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961
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RBI
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14
Aug
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RBI/2025-26/72
(Delhi)
Investment in Government Securities by Persons Resident Outside India through Special Rupee Vostro account
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14
Aug
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RBI/2025-26/73
(Delhi)
Introduction of Continuous Clearing and Settlement on Realisation in Cheque Truncation System
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12
Aug
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RBI/2025-26/71
(Delhi)
International Trade Settlement in Indian Rupees (INR)
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LIVE MARKET
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EURO
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INDIAN ECONOMY
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India’s economy is bracing for a hit after the US announced it will double tariffs on Indian exports, a move that could push growth down and leave several key industries facing serious strain, according to Fitch-owned CreditSights. While the direct export exposure to the US is modest, the higher trade barrier...
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India and China may commence discussions shortly on a trade package covering supplies of critical rare earth magnets, fertilisers and pharmaceuticals, said people with knowledge of the matter. This would signal a thaw in relations with the neighbour amid heightening tensions with the US and the clamour from I...
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Ratings firm Crisil said that headline inflation is expected to average 3.5 per cent this fiscal as compared to 4.6 per cent in the last financial year.
In its research report for August, the rating agency said that healthy agricultural production is likely to keep food inflation in check.
The kharif so...
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The Reserve Bank of India (RBI) has taken steps to simplify and accelerate trade settlements in rupees with Russia, a move that comes amid growing interest in rupee-rouble transactions following recent global trade developments, as reported by TOI.
Why rupee-rouble trade is in focus
The spotlight on rupee...
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India's GDP could fall by 0.02 to 0.03 per cent between 2026 and 2030 due to revenue outflows if the European Union's Carbon Border Adjustment Mechanism (CBAM) is applied without a domestic carbon pricing system, according to a new working paper.
This would also curb household consumption, with urban famil...
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Dr S Jaishankar, Union Minister of External Affairs, on Wednesday said that Atmanirbharta mindset is essential to deal with global turbulence and to lay the foundation for Viksit Bharat.
""We are a civilizational state, a society that has withstood the test of time and nurtured its culture, traditions, and...
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Trump tariffs will not have any impact on India's growth, as it is not a trade-oriented economy, and its sovereign ratings outlook will continue to remain positive, S&P Global Ratings Director YeeFarn Phua said on Wednesday.
In May last year, S&P had upgraded the outlook on India's sovereign rating of 'BBB...
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The current imbroglio caused by the 50% additional US tariff on India is expected to ease out in one to two quarters, chief economic advisor Anantha Nageswaran said at Emkay Confluence 2025 event here on Wednesday. “I don’t think from a long-term picture, the impact (of US tariff on the Indian economy) will b...
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MARKET & FINANCE
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This year's popularity of emerging market assets is showing no sign of let-up as international investors poured a combined $55.5 billion into EM stock and bond portfolios in July, the second-largest monthly total in four years.
The total compared with $42.8 billion in June and $47.6 billion in July 2024, a...
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India's four public-listed Real Estate Investment Trusts (REITs) distributed a total of Rs 1,559 crore to over 2.7 lakh unit holders in the first quarter of the 2025-26 fiscal, marking a 13-per cent on-year rise, an official said.
Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Bus...
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US President Donald Trump‘s 50% tariff threat has turned investment sentiment sharply against the Indian stock market. According to BofA Securities’ latest Asia Fund Manager Survey, India is now the least-preferred market, as compared to being the most-preferred one three months back in May.
A total of 99...
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GLOBAL CORPORATE
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U.S. President Donald Trump signed an executive order on Wednesday to streamline federal regulation governing commercial rocket launches, a move that would benefit Elon Musk's SpaceX and other private space ventures.
Trump's order, among other things, directs the U.S. transportation secretary to eliminate ...
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US Secretary of State Marco Rubio marked Pakistan’s Independence Day on Thursday by signalling Washington’s interest in partnering with Islamabad on critical minerals and hydrocarbons.
In a statement released by the US Department of State, Secretary of State Marco Rubio extended greetings to the people of ...
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American technology giant Oracle has laid off around 10% of its Indian workforce, leaving dozens of skilled professionals without jobs overnight. The company has cited “restructuring” as the official reason for the cuts, but industry watchers are linking the move to shifting US policy under Donald Trump’s ren...
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China's new solar power capacity will slow in the second half of 2025 as reforms removing guaranteed pricing create uncertainty for new projects, though full-year additions will still likely reach a record high because of frontloading, analysts say.
Slowing growth in the world's largest solar fleet is a fr...
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Chinese tech giant Tencent said on Wednesday it lacks clarity on U.S. AI chip imports as Beijing and Washington continue negotiations, though the company maintains it has sufficient inventory for its AI operations.
"We don't really have a definitive answer on the import situation yet. There are a lot of di...
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Haier-owned GE Appliances said on Wednesday it plans to invest more than $3 billion over five years in its U.S. operations and workforce following the Trump administration's tariff policies aimed at boosting domestic manufacturing.
Global firms have been increasing their investments and presence in the Uni...
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Ocean imports to the United States may have peaked in July after retailers raced to bring in goods from China and elsewhere to avoid potentially hefty tariffs on holiday-related products, logistics executives said on Wednesday.
Containerized imports to the Port of Los Angeles, the nation's busiest and a be...
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Global trade is undergoing a profound shift. Mutual consensus and predictability seem to be principles of the past. Rising protectionism, geopolitical tensions, and regulatory divergence are reshaping how goods, services, technology, and data move across borders. Businesses must now contend with a landscape w...
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Banking
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The size of India's microfinance market contracted further to Rs 3.59 lakh crore at the end of June, down 5.8% quarter-on-quarter and 17% year-on-year as lenders remained circumspect over growing lending portfolio.
The active loan accounts fell to 13.2 crore from 15.93 crore, with the live customer base de...
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The RBI will introduce a new mechanism from October 4 for clearance of cheques within hours of being presented to banks, reducing the current time period of up to two working days.
Cheques will be scanned, presented, and passed in a few hours and on a continuous basis during business hours. The clearing cy...
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GLOBAL ECONOMY
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| Trade Report |
| Country |
Month |
Link |
| Switzerland |
July 2019 |
Click |
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Three-quarters of Japanese firms have a favourable view of the latest tariff deal with the United States after Tokyo managed to draw some concessions from President Donald Trump, a Reuters survey showed on Thursday.
The two Pac...
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Gao Xiaoyu, the founder of an industrial land consulting firm in Jakarta, has been inundated with calls from Chinese companies eager to expand or set up operations in Indonesia as they try to shield themselves from the United Stat...
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Australian employment rebounded in July as firms took on more full-time workers, data showed on Thursday, pulling the jobless rate down from a 3-1/2 year high and calming concerns the labour market was about to fall over.
The u...
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Malaysia's economy grew at a steady pace last quarter as strong household consumption offset weak exports, a Reuters poll of economists showed.
Advance estimates showed the country's second-quarter gross domestic product was su...
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Spain's European Union-harmonised 12-month inflation rate rose to 2.7% in July, up from 2.3% in the period through June, final data released by the National Statistics Institute (INE) showed on Wednesday.
The INE's final data w...
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South African business confidence rose in July, helped by higher new vehicle sales, rising manufacturing output, strong precious metals prices and well-contained inflation, data showed on Wednesday.
The South African Chamber of...
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Thailand's central bank lowered its policy rate to a near three-year low on Wednesday to boost a slowing economy grappling with U.S. tariffs, falling prices and weak foreign tourist arrivals, with further policy easing seen later ...
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Moody's said on Wednesday it had raised Pakistan's credit rating by one notch to 'Caa1' from 'Caa2' due to an improving external financial position and it assigned the country a "stable" outlook.
The announcement came within ho...
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China’s new yuan loans contracted in July for the first time in 20 years as the economy struggled, falling well short of analysts' forecasts, but improvements in broader credit growth suggest the central bank is in no rush to ease...
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South African business confidence rose in July, helped by higher new vehicle sales, rising manufacturing output, strong precious metals prices and well-contained inflation, data showed on Wednesday.
The South African Chamber of...
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Economists in Germany say the new government's lack of structural reforms, particularly to curb pensions costs, poses long term problems for Germany, even though a massive spending program will boost the economy in the short run.
...
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Russia's gross domestic product grew by 1.1% in the second quarter of 2025 compared with 4.0% growth in the same period last year, federal statistics service Rosstat said on Wednesday, another sign that Russia's economy is slowing...
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Pakistan has once again failed to meet critical targets set by the International Monetary Fund (IMF) for the second review of its $7 billion bailout package, reaffirming India’s longstanding concerns over Islamabad’s prolonged bor...
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INDIAN CORPORATE
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State-owned Oil and Natural Gas Corporation (ONGC) has reported a 10 per cent decline in its June quarter net profit on lower oil prices and stagnant production from its aging fields.
The company reported a net profit of Rs 8,0...
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Max Healthcare Institute, India’s largest healthcare chain by market cap, plans to nearly double its bed capacity to 9,500 in the next three years, Abhay Soi, chairman & managing director, told ET in an interaction on Wednesday.
...
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A major new copper smelter in India owned by Adani Enterprises Ltd has applied to become a listed copper-producing brand with the London Metal Exchange, the LME said in a notice on Wednesday. The copper smelter, which has an annua...
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Bharat Petroleum Corporation Limited (BPCL) on Wednesday reported a 141% jump in its Q1 consolidated net profit at Rs 6,839 crore compared to Rs 2,842 crore in the year-ago period. The profit after tax (PAT) is attributable to the...
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Reliance Infrastructure has won the arbitration award of Rs 526 crore against Aravali Power Company. Reliance Infra has invoked the arbitration against Aravali Power for wrongful termination of the contract in 2018
A three-memb...
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Domino’s India operator Jubilant FoodWorks on Wednesday released its fiscal first quarter earnings report with profit (attributable to owners of the parent) at Rs 91.76 crore. This was 64.44 per cent higher than Rs 55.80 crore rec...
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Vishal Mega Mart Ltd on Wednesday released its fiscal first quarter earnings report with a profit growth of 37.24 per cent to Rs 206.07 crore. The company had posted a profit of Rs 150.15 crore during the first quarter of FY25. It...
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Indian gold loan financier Muthoot Finance reported a bigger-than-expected 90 per cent surge in first-quarter profit on Wednesday, aided by higher loan demand as prices of the precious metal soared.
Muthoot Finance reported a p...
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Insolvency
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The IBBI has proposed imposing a cap on the number of assignments that insolvency professionals (IPs) can handle across key roles, in a bid to improve efficiency and ensure equitable distribution of work.
Currently, IPs are res...
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The IBBI on Wednesday amended its Continuing Professional Education (CPE) guidelines for insolvency professionals, introducing mandatory in-person learning requirements from 2026.
As per the revised framework, IPs must complete...
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