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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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15
Sep
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Notification No. 55/2025
(Delhi)
G.S.R......(E). - In exercise of the powers conferred by clause (d) of section 157 read with section 18 and clause (ii) of sub-section (2) of section 158 of the Customs Act, 1962
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15
Sep
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Circular No. 21/2025
(Delhi)
Strengthening Trade Facilitation through Institutionalised Consultation Mechanisms – Reg.
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15
Sep
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Circular No 22/2025
(Delhi)
Implementation of Customs (Provisional Assessment) Regulations, 2025 - Reg.
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INDIAN ECONOMY
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The Union cabinet may soon consider a five-year export-promotion mission which will also have the immediate aim of cushioning key sectors hit by the US’s 50% tariffs, for which inter-ministerial consultations were concluded recently, three government officials said.
The multi-dimensional programme to boost...
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India is set to attract investments worth Rs 80 lakh crore, generate over 1.5 crore jobs, and accelerate green shipping practices in the coming years, Union Minister Sarbananda Sonowal said on Tuesday.
According to an official statement, the ports, shipping and waterways minister further said India's marit...
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India and the US on Tuesday resolved to intensify efforts to reach an early conclusion of a Bilateral Trade Agreement (BTA).
This was the outcome of the discussions between a team of US officials led by chief negotiator Brenden Lynch and Indian officials here on Tuesday. Both sides agreed to get the trade...
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MARKET & FINANCE
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U.S. companies are lining up to borrow in euros with bond sales hitting a record $100 billion so far this year, reflecting attractive European funding conditions and a growing willingness among issuers and investors to shift away from the dollar.
The likes of Google-parent Alphabet, Visa, PepsiCo, payments...
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The news of JPMorgan Chase’s decision to trim India’s weight in its flagship GBI-EM Global Diversified Index from 10% to 9% has not deterred the market. Market participants believe that it will have a limited impact. Vishal Goenka, Co-founder of Indiabonds, said, “The total FAR investments in government bond...
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GLOBAL CORPORATE
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Europe’s top business lobby in China urged Beijing to address price wars and unsustainable competition as the country readies its next five-year plan — adding to pressure from the US over the matter.
While the nation’s consumption is growing, a key issue “is that manufacturing output has grown faster,” the...
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Eli Lilly said on Tuesday it will invest $5 billion to build a manufacturing facility in Virginia, part of the drugmaker's broader $27 billion plan to build four facilities across the United States over the next five years.
The investment marks Lilly's latest push to boost domestic drug production and hedg...
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Nissan Motor will close its design centers in California and Sao Paulo and scale back operations in London and Japan as part of a realignment of its global design organization, the company said on Tuesday.
The Japanese automaker said the restructuring, which will be completed by the end of fiscal 2025, is ...
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TikTok's U.S. operations would be controlled by an investor consortium including Oracle, Silver Lake and Andreessen Horowitz, under a framework the U.S. and China are finalizing, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
A new company will be created to operate Ti...
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Drugmaker GSK said Wednesday it would invest $30 billion in U.S. research and development and supply chain infrastructure over five years, after U.S. President Donald Trump arrived in Britain for a second state visit to seal investment deals.
The company said its new facilities in the U.S., which made up h...
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China on Wednesday called the framework deal reached in Madrid to switch short-video app TikTok to U.S.-controlled ownership a "win-win" and said it would review TikTok's technology exports and intellectual property licensing, in a state media editorial.
Investors on both sides of the Pacific are now waiti...
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For India’s Gen Z, AI is not a distant innovation. Now it is firmly embedded in their present. From assignments to workplace tasks and creative projects, AI has shifted from being a futuristic buzzword to an everyday essential.
According to the second edition of the ET Snapchat Gen Z Index, 78% of Indians ...
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The trade war this year between China and the United States started with a bang, a fast-and-furious escalation of tariffs to astronomical levels. In the ensuing months, both countries showed a willingness to pull back and not shut down trade between the world's largest economies.
But they have made little ...
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Banking
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The National Payments Corporation of India (NPCI), the organisation that facilitates the Unified Payments Interface (UPI), has announced an increase in per transaction limits for entities under categories aligned to tax payments. The changes came into effect from September 15, 2025.
In a statement, NPCI ...
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GLOBAL ECONOMY
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Trade Report |
Country |
Month |
Link |
Switzerland |
July 2019 |
Click |
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Hong Kong's seasonally adjusted unemployment rate held steady at 3.7% in June to August as compared with the previous three-month period with increases in food and beverage service and manufacturing sectors and decreases in constr...
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China on Tuesday unveiled measures to boost services consumption, pledging to further open sectors such as internet and culture and to encourage the hosting of international sports events, in a bid to support the slowing economy.
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Spanish Economy Minister Carlos Cuerpo on Tuesday raised the 2025 economic growth forecast to 2.8% from a previous 2.6%.
He also told reporters gross domestic product was now expected to expand by 0.7% in the third quarter.
...
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Some U.S. consumers are showing increased signs of stress as inflation and higher interest rates are affecting affordability and leading to financial strain on borrowers, credit scoring company Fair Isaac Corporation, widely known...
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U.S. retail sales increased more than expected in August as consumers bought a range of goods and dined out, but a weakening labor market and rising prices because of tariffs pose a downside risk to continued strength in spending....
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Canada's annual inflation rate rose 1.9% in August as petrol prices on a yearly basis fell at a slower pace than the previous month and food prices were up slightly, data showed on Tuesday.
"I think it cements a cut tomorrow."
...
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U.S. import prices unexpectedly rose in August, boosted by strong increases in the costs of capital and consumer goods, suggesting domestic inflation was poised to accelerate in the coming months.
Import prices increased 0.3% l...
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U.S. factory production unexpectedly increased in August amid a rebound in the output of motor vehicles and some nondurable goods, though tariffs continued to cast a shadow over the manufacturing sector.
Manufacturing output ro...
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Britain's budget watchdog has told finance minister Rachel Reeves that it was likely to downgrade its productivity forecasts, adding to fiscal pressures ahead of her annual budget on November 26, the Financial Times reported on Tu...
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Japan's exports fell for a fourth straight month in August, government data showed on Wednesday, as elevated U.S. tariffs took a deeper toll on the country's automotive and other manufacturing sectors.
"Japanese automakers are ...
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Singapore's non-oil domestic exports fell 11.3% in August from the same month a year earlier, government data showed on Wednesday, weaker than analysts' estimates as exports of both electronics and non-electronics fell.
The fal...
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INDIAN CORPORATE
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The National Company Law Appellate Tribunal (NCLAT) has cleared Vedanta’s plan to restructure its power and metal businesses by overturning an order of the National Company Law Tribunal (NCLT) Mumbai bench that had blocked the mov...
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INDIRECT TAX
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All provisional assessments under customs will have to be completed within two years as per guidelines notified by the Central Board of Indirect tax and Customs on Tuesday.
These rules specifying timelines and procedures for fi...
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GST
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Insurance companies will not be able to claim input tax credit on GST paid on inputs like commissions and brokerages for individual health and life insurance policies with effect from September 22, the CBIC said on Tuesday.
The Central Board of Indirect Taxes and Customs (CBIC) has issued a set of FAQs cla...
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