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Important Information for Gift City Bulletin
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CUSTOMS
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2
Jun
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Notification No. 37/2025
(Delhi)
G.S.R. 343(E).- In exercise of the powers conferred by clause (aa) of sub-section (1) read with sub-section (2) of section 7 of the Customs Act, 1962
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2
Jun
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Notification No. 38/2025
(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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2
Jun
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Notification No. 39/2025
(Delhi)
S.O….(E).—In exercise of the powers conferred by sub-section (1) of section 4 read with section 3 and sub-sections (1) and (1A) of section 5 of the Customs Act, 1962
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2
Jun
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Notification No. 40/2025
(Delhi)
G.S.R. (E). - In exercise of the powers conferred by section 157, read with sections 30, 30A, 41, 41A, 53, 54, 56, sub-section (3) of section 98 and sub-section (2) of section 158 of the Customs Act,
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INCOME TAX
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6
Jun
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Notification No. 52/2025
(Delhi)
S.O. 2447(E).—In exercise of the powers conferred by clause (48) of Section 2 of the Income-tax Act, 1961
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6
Jun
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Notification No. 53/2025
(Delhi)
G.S.R. 356(E).— In the notification of the Government of India, Ministry of Finance, Department of Revenue
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6
Jun
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Notification No. 54/2025
(Delhi)
S.O. 2479(E).––In pursuance of sub-clause (ii) of clause (a) of sub-section (1) of section 138 of the Income-tax Act, 1961
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2
Jun
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Notification No.50/2025
(Delhi)
G.S.R. 352(E).— In the notification of the Government of India, Ministry of Finance, Department of Revenue
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2
Jun
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Notification No. 51/2025
(Delhi)
G.S.R. 353(E).— In the notification of the Government of India, Ministry of Finance, Department of Revenue
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RBI
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6
Jun
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RBI/2025-26/42
(Delhi)
Liquidity Adjustment Facility - Change in rates
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6
Jun
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RBI/2025-26/43
(Delhi)
Standing Liquidity Facility for Primary Dealers
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6
Jun
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RBI/2025-26/45
(Delhi)
Penal Interest on shortfall in CRR and SLR requirements - Change in Bank Rate
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LIVE MARKET
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NSE (NIFTY)
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0
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BSE (SENSEX)
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0
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NASDAQ
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0
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FTSE 100
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0
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USD
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0
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EURO
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0
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GBP
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GOLD
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SILVER
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INDIAN ECONOMY
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The Reserve Bank of India’s rate-setting Monetary Policy Committee on Friday retained India’s GDP forecast for FY2025-26 at 6.5% amid economic uncertainty, triggered by shifting trade dynamics around US President Donald Trump’s sweeping tariffs.
The RBI also retained its quarterly GDP growth projections fo...
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The Reserve Bank of India’s Monetary Policy Committee (MPC) concluded its 55th meeting on June 6, 2025. Chaired by RBI Governor Sanjay Malhotra, the committee reviewed the current state of the economy and took several key decisions aimed at supporting growth and managing inflation.
Big Repo Rate Cut
The M...
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The RBI's decision to slash the benchmark rate by a "bold" 50 basis points will lead to lower interest rates and improved credit access for borrowers, India Inc said on Friday, asserting that the move will support economic growth amid global headwinds.
However, they opined that by reverting its stance to n...
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Retail inflation, or the Consumer Price Index (CPI), will continue to moderate to 3.0 per cent in May, a six-year low, mainly due to the sequential moderation in prices of cereals and pulses even as most other segments started to strengthen, according to a Union Bank of India (UBI) report.
As per the infla...
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After a meeting of trade ministers in Paris yesterday, commerce & industry minister Piyush Goyal said India has identified the restoration of the dispute settlement mechanism at the World Trade Organization (WTO) as the first priority for the members.
The World Trade Organization (WTO) has long served as t...
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As the Reserve Bank of India (RBI) is set to announce its decisions after the 55th meeting of the Monetary Policy Committee today, Bank of Baroda (BoB) said consumer price index (CPI) inflation could come in at 2.7% in May, sharply lower than 3.16% registered in April.
This follows the BoB Essential Commod...
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MARKET & FINANCE
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India's foreign exchange reserves stood at $691.5 billion as of May 30, down $1.2 billion from the previous week and coming off near-eight-month highs, announced Reserve Bank of India governor Sanjay Malhotra said on Friday.
The country's reserves are now about $13.4 billion below their all-time high hit i...
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There could be a block deal in Bajaj Finserv after markets open tomorrow. According to a report by CNBC-TV18, Bajaj Holdings & Investment and Jamnalal Sons — are planning to offload up to 1.94 per cent stake in Bajaj Finserv through block deals.
According to the report, the total deal size is expected to ...
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GLOBAL CORPORATE
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The biggest story swirling around Tesla Inc. right now concerns Chief Executive Elon Musk’s sudden, if unsurprising, break with a leader who is as calm and unassuming as he is, President Donald Trump. The important story concerns what is happening far from these shores: China.
Shipments from Tesla’s Shangh...
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Procter & Gamble (P&G), the multinational behind household brands like Tide and Pampers, has announced plans to cut up to 7,000 jobs—approximately 6% of its global workforce—over the next two years. The move is part of a broader restructuring initiative aimed at tackling rising tariff-related costs and growin...
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Banking
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The Reserve Bank governor, Sanjay Malhotra, gave a positive outlook on the IndusInd Bank, speaking to the media at a press conference after the MPC meeting on Friday. In the post-meeting conference, the RBI Governor pointed out that the bank’s accounting condition has improved.
“I think the bank has taken ...
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GLOBAL ECONOMY
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| Trade Report |
| Country |
Month |
Link |
| Switzerland |
July 2019 |
Click |
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Argentine analysts cut their inflation forecast for the end of the year to 28.6%, the central bank's monthly market expectations survey showed on Thursday.
The revised estimate is 3.2 percentage points lower than last month's f...
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Vietnam's trade surplus with the U.S. expanded sharply in May as exports swelled and its imports from China also jumped, exacerbating sore points with Washington that could hurt Hanoi's efforts to avoid crippling tariffs.
Separ...
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German exports and industrial output fell more than expected in April as demand from the United States decreased following months of strong purchases in anticipation of U.S. tariffs, official data showed on Friday.
Europe's lar...
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Thailand's annual inflation rate was negative for a second straight month in May, the commerce ministry said on Friday as it cut its full-year forecast to close to zero, just weeks ahead of the central bank's next monetary policy ...
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China's yuan slipped against the dollar while falling to a near two-year low versus its major trading partners on Friday, as U.S. President Donald Trump and Chinese leader Xi Jinping held a much-anticipated call but left key issue...
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Italy's economy will grow by 0.6% this year, national statistics bureau ISTAT said on Friday, trimming a previous forecast of 0.8% made in December amid mounting uncertainty over the impact of U.S. President Donald Trump's tariff ...
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Economic growth in Germany, the euro zone's biggest nation, will be weaker this year than already muted expectations and increased government spending will not significantly raise growth until the end of 2027, the Bundesbank said ...
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Free trade reduces the frictions that can arise between nations. Tariffs will only take away stability.
President Trump's on-again-off-again tariffs have disrupted the global trading system and caused whiplash for businesses an...
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The American job market likely continued to slow last month, hobbled by worries over President Donald Trump's trade wars, deportations and purges of the federal workforce.
The Labor Department's numbers on May hiring Friday are...
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The US trade deficit more than halved in April, government data showed Thursday, pulling back from a record on a plunge in imports as President Donald Trump's global tariffs kicked in.
The world's biggest economy logged a trade...
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The European Central Bank cut interest rates for the eighth time in a year on Thursday, acknowledging inflation was under control and turning more pessimistic about the euro zone's economic prospects amid risks of a trade war with...
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Filings for U.S. unemployment benefits increased to their highest level in eight months last week, signaling some growing uncertainty amid concerns over tariffs and their impact on the economy. According to the Labor Department’s ...
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INDIAN CORPORATE
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Starlink has become the latest entrant to get a satcom licence in India, becoming the third player after Eutelsat-OneWeb and Jio-SES combine to offer commercial services in India.
The Department of Telecommunications (DoT) has ...
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NTPC Green Energy Ltd announced that its wholly owned subsidiary, NTPC Renewable Energy Ltd has won 1,000 MW capacity in Uttar Pradesh Power Corporation Limited (UPPCL)’s solar PV power project auction. The company signed a Power...
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JSW Energy’s step-down subsidiary JSW Renew Energy has signed a Power Purchase Agreement with Adani Electricity Mumbai for a 250 MW wind capacity addition.
The Adani project is located in Maharashtra, and its commissioning is e...
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Apple has brought in Tata Group to handle repairs for iPhones and MacBook devices in its fast-growing Indian market, signalling the Indian conglomerate’s deepening role in the U.S. tech giant’s supply chain, two people familiar wi...
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