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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
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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CUSTOMS
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7
Oct
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Notification No. 62/2025
(Delhi)
S.O.... (E).- In exercise of the powers conferred by section 3, sub-section (1) of section 4 and sub-sections (1), (4) and (5) of section 5 read with sub-section (34) of section 2 of the Customs Act,
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7
Oct
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Notification No. 63/2025
(Delhi)
S.O... (E).-In exercise of the powers conferred by sub-sections (1A), (4) and (5) of section 5 read with sub-section (34) of section 2 of the Customs Act, 1962
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7
Oct
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Circular No 24/2025
(Delhi)
Auto-approval of Incentive Bank Account and IFSC Code Registration requests across all customs locations - reg.
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4
Oct
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Notification No. 58/2025
(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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4
Oct
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Notification No. 59/2025
(Delhi)
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 5 of the Customs Tariff Act, 1975
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4
Oct
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Notification No. 60/2025
(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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4
Oct
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Notification No. 61/2025
(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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RBI
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4
Oct
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RBI/2025-26/90
(Delhi)
Investment in Corporate Debt Securities by Persons Resident Outside India through Special Rupee Vostro account
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4
Oct
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RBI/2025-26/91
(Delhi)
International Trade Settlement in Indian Rupees (INR)
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3
Oct
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RBI/2025-26/83
(Delhi)
Reserve Bank of India (Interest Rate on Advances) (Amendment Directions), 2025
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3
Oct
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RBI/2025-26/84
(Delhi)
Reserve Bank of India (Lending Against Gold and Silver Collateral) – (1st Amendment) Directions, 2025
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3
Oct
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RBI/2025-26/85
(Delhi)
Reserve Bank of India (Basel III Capital Regulations - Perpetual Debt Instruments (PDI) in Additional Tier 1 Capital – Eligible Limit for Instruments Denominated in Foreign Currency/Rupee Denominated
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3
Oct
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RBI/2025-26/86
(Delhi)
Reserve Bank of India (Basel III Capital Regulations - Perpetual Debt Instruments (PDI) in Additional Tier 1 Capital – Eligible Limit for Instruments Denominated in Foreign Currency/Rupee Denominated
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3
Oct
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RBI/2025-26/87
(Delhi)
Reserve Bank of India (Basel III Capital Regulations - Perpetual Debt Instruments (PDI) in Additional Tier 1 Capital – Eligible Limit for Instruments Denominated in Foreign Currency/Rupee Denominated
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3
Oct
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RBI/2025-26/88
(Delhi)
Merchanting Trade Transactions (MTT) – Review of time period for outlay of foreign exchange
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3
Oct
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RBI/2025-26/89
(Delhi)
Export Data Processing and Monitoring System (EDPMS) & Import Data Processing and Monitoring System (IDPMS) – reconciliation of export /import entries – Review of Guidelines
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INDIAN ECONOMY
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A free trade agreement (FTA) between Taiwan and India would be mutually beneficial, which would not only boost ties but also create economic opportunities for both sides, Kristy Hsu, who is director of the Taiwan-ASEAN Studies Center at Chung-Hua Institution for Economic Research, has said.
India will play...
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The World Bank has raised India’s growth forecast to 6.5 percent for FY26 from its earlier projection of 6.3 percent in June citing resilient domestic demand, strong rural recovery and the positive impact of tax reforms, a statement said on October 7, however, it is cautious on next year's growth due to the i...
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India’s white-collar job market grew 17% year-on-year and 4% month-on-month in September 2025, driven by festive season demand and continued market resilience, according to the latest foundit Insights Tracker. Tier-2 and tier-3 cities led the uptrend with a 21% increase in hiring activity, outpacing the 14% g...
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The India–European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA), signed on March 10, 2024, and effective from October 1, 2025, marks a historic milestone in India’s trade diplomacy. For the first time, India has entered into a comprehensive agreement with developed European na...
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With consumer sentiment getting a major boost from the recent GST rate cuts, total consumer spending during this festive season is expected to be in the range of Rs 12 lakh crore to Rs 14 lakh crore, according to a report by the Bank of Baroda.
The report noted that total consumption spending related to fe...
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India’s oil demand is expected to grow more than any other nation and will account for over 12% of the world’s energy demand by 2050, up from 7% in 2023, BP’s chief economist Spencer Dale said on Monday while presenting the bp energy outlook for 2025.
Dale projects the country’s oil demand to grow to 9.1 m...
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India should lower tariffs and dismantle non-tariff barriers across the value chain, as opening its markets is critical to improving competitiveness in manufacturing, NITI Aayog CEO BVR Subrahmanyam said on Monday.
Stating that India lacks many manufacturing intermediates, he said the upcoming National Man...
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MARKET & FINANCE
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An intricate series of pipes off Angola's Atlantic coast snakes toward a new fuel refinery that signals the country's push for energy independence — and its use of private creditors, instead of banks, to fund a big-ticket project.
"We're not the lender of last resort," said Felipe Berliner, co-founder of e...
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A survey has revealed that the assets under management (AUM) of passive mutual funds have jumped to Rs 12.2 lakh crore in 2025 from Rs 1.91 lakh crore in 2019, a 6.4-fold increase or 36% CAGR over 6 years. In just over two years since March 2023, the AUM of these funds has grown 1.7 times or 26% CAGR, accordi...
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GLOBAL CORPORATE
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President Donald Trump said Monday that all medium- and heavy-duty trucks imported into the United States will face a 25% tariff rate starting November 1, a significant escalation of his effort to protect U.S. companies from foreign competition.
Trump last month had said heavy truck imports would face new ...
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British construction activity shrank for a ninth month in a row in September, though at the slowest pace in three months, and broader private sector activity fell for the first time since April, a business survey showed on Monday.
The S&P Global Purchasing Managers' Index for the construction sector rose t...
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Tesla's sales volume in Germany fell by 9.4% in September, the German road traffic agency KBA said on Monday, although overall sales of battery electric vehicles rose by 31.9% year on year.
Registrations of new Tesla cars had risen in parts of Europe in September, lifted by its updated Model Y. But the U.S...
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U.S. retailers brace for a subdued holiday shopping season this year as the economic fallout from President Donald Trump's erratic trade policies leaves shoppers more cautious about buying extravagant gifts.
The holiday selling season spans over three months from November to the end of January, including k...
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The Federal Communications Commission will vote this month to tighten restrictions on telecommunications equipment made by Chinese companies deemed national security risks, the latest in a series of U.S. actions targeting Beijing.
The U.S. telecom regulator previously named companies including Huawei Techn...
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Exports of U.S. spirits fell 9% in the second quarter, according to a report by the Distilled Spirits Council of the United States published on Monday, which warned that trade tensions were hitting demand in key markets.
The decline marked a sharp reversal from 2024's strong export performance, with steep...
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Banking
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A procedural misstep marred the Reserve Bank of India’s (RBI) ambitious upgrade to same-day cheque settlements. On October 3, the central bank commenced a test run of its same-day cheque clearance system, a significant technological shift intended to replace the long-standing overnight settlement cycle. Howev...
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The state-owned Bank of Maharashtra (BoM) has reported a 16.8 per cent credit growth of Rs 2.54 lakh crore in the second quarter of this financial year.
Total advances stood at Rs 2.17 lakh crore as of September 30, 2024, BoM said in a regulatory filing on Monday.
The Pune-based lender reported a 12.1 p...
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The Reserve Bank of India's (RBI) October policy measures are major relief to India's non-banking financial companies (NBFCs) according to a Morgan Stanley report.
The report interprets the policy changes as reflecting a supportive stance towards NBFCs and infrastructure financing sectors.
Morgan Stanle...
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GLOBAL ECONOMY
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Trade Report |
Country |
Month |
Link |
Switzerland |
July 2019 |
Click |
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Pakistan’s central bank governor sees inflation holding steady, although further interest-rate cuts will depend on the impact of the recent devastating floods and the outcome of an ongoing International Monetary Fund review.
Th...
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Professor of Economics at Harvard University and former Chief Economist of the International Monetary Fund, Gita Gopinath, assessing the accomplishments of the US’ tariffs on its trading partners gave it a negative score. In the s...
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The Greek government expects economic growth of 2.4% next year, outperforming Europe's major economies, thanks to higher investment and robust consumer spending, according to the country's 2026 draft budget cited by the fiscal cou...
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Emerging market economies have become better at weathering major global economic shocks thanks to their credible inflation targeting, improved foreign exchange regimes and strong fiscal guardrails, a study by the International Mon...
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Rating agencies issued a fresh round of warnings about France's sovereign credit score on Monday, as the resignation of Prime Minister Sebastien Lecornu less than a month into the job underscored the scale of the country's politic...
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The number of Americans filing new applications for unemployment benefits increased marginally during the last week of September, data from Haver Analytics showed, pointing to a still-low level of layoffs even as hiring has stalle...
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Brazil's central bank chief Gabriel Galipolo on Monday highlighted what he called unmistakable signs that Latin America's largest economy remains strong, citing the heated labor market and the current account deficit.
Speaking ...
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New Zealand's business confidence in the third quarter worsened as inflation pressures ticked up, a private think tank said on Tuesday.
A net 18% of firms surveyed expected general business conditions to improve compared with 2...
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Australia said on Tuesday it expected gold to become its second most valuable resource export after iron ore this financial year, dislodging liquefied natural gas, as concerns over geopolitical instability fuel demand for the safe...
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Japanese household spending rose at a faster pace than expected in August, government data showed on Tuesday, with consumers feeling relatively upbeat in a promising sign for the recovery in private consumption.
The latest figu...
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A measure of Australian consumer sentiment slid for a second straight month in October as concerns about family finances returned amid speculation interest rates might not fall any further, a survey showed on Tuesday.
A Westpac...
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Philippine annual inflation was1.7% in September, above the previous month's 1.5% rate, the statistics agency said on Tuesday.
Economists in a Reuters poll had expected annual inflation to pick up to 2.0% in September....
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China is building oil reserve sites at a rapid clip as part of a campaign to boost crude stockpiles that increased in urgency after Russia's Ukraine invasion upended global energy flows and has accelerated this year, according to ...
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A look at the day ahead in European and global markets from Rae Wee
France finds itself in the depths of a political crisis once again as it cycles through five prime ministers in 21 months - hardly good news for any investor l...
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President Donald Trump has warned of disaster if the Supreme Court overturns his signature tariffs. For starters, it would unleash a bureaucratic nightmare involving reams of refund paper checks.
Should Trump’s country-based ta...
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INDIAN CORPORATE
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The ministry of defence (MoD) has signed a contract with Hindustan Aeronautics Ltd (HAL) for the procurement of 97 LCA (Light Combat Aircraft) Mk-1A aircraft worth Rs 62,400 crore/Rs 624 billion (excluding taxes).
As part of th...
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Kalyan Jewellers reported its slowest sales growth in four quarters in the July-September period (Q2FY26), with demand tempered by rising gold prices, though festive season sales led by Navratri did offset some of the impact.
C...
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The Supreme Court on Monday said it will hear Vodafone Idea’s plea seeking a waiver of interest, penalties, and interest on penalties for adjusted gross revenue (AGR) dues demanded by the Department of Telecommunications (DoT) on ...
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The latest on Vodafone’s AGR dispute- A recent Bloomberg report indicates that the Government may consider a one-time settlement of dues and interest worth billions of dollars from Vodafone India. This comes as the Indian governme...
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US pharmaceutical company Eli Lilly and Company plans to invest over $1 billion in India over the next few years to set up new contract manufacturing facilities and a manufacturing and quality hub in Hyderabad. The investment will...
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GST
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By Bipin Sapra and Swati Saraf
The current ITC refund mechanism does not take into account the GST paid on input services and capital goods. Aligning rates, enabling refunds, and gradually moving toward a unified rate will give businesses certainty and foster long-term investment, explain Bipin Sapra & Sw...
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