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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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1
Aug
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Notification No. 49/2025
(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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1
Aug
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Notification No. 48/2025
(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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INCOME TAX
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1
Aug
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Notification No. 106/2025
(Delhi)
S.O. 3160(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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1
Aug
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Circular No. 10/2025
(Delhi)
Relaxation of time limit for processing of returns of income filed electronically which were incorrectly invalidated by CPC - reg.
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1
Aug
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Notification No. 108/2025
(Delhi)
S.O. 3162(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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1
Aug
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Notification No. 109/2025
(Delhi)
S.O. 3163(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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1
Aug
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Notification No. 110/2025
(Delhi)
S.O. 3164(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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1
Aug
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Notification No. 111/2025
(Delhi)
S.O. 3165(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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1
Aug
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Notification No. 112/2025
(Delhi)
S.O. 3166(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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1
Aug
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Notification No. 113/2025
(Delhi)
S.O. 3167(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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1
Aug
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Notification No. 114/2025
(Delhi)
S.O. 3203(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961
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1
Aug
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Notification No. 115/2025
(Delhi)
S.O. 3204(E).— In exercise of the powers conferred by clause (46) 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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The finance ministry is doing weekly capital review of all public sector undertakings and is working on strategies that can insulate the Indian economy from geo-political risks, DIPAM Secretary Arunish Chawla said on Friday.
The secretary in the Department or Investment and Public Asset Management (DIPAM) ...
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The global economy is entering an era of fragmentation and strategic friction. On Wednesday, Donald Trump announced a 25% tariff on India, plus a penalty. Despite the rhetoric, the nations are close partners, with the US being one of India's most important export destinations. While we have deep and growing t...
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India's international trade in services showed notable momentum in June 2025, with both exports and imports registering year-on-year growth, according to data released by the Reserve Bank of India (RBI).
The value of services exports (receipts) stood at USD 32.11 billion in June 2025, reflecting a 12.0 per...
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In Game of Thrones, when Littlefinger smugly claims “knowledge is power,” Cersei Lannister calmly orders her guards to seize him, draw their swords, and hold one to his throat, only to stop them with a word.
“Power is power,” she reminds him.
That scene hits hard because it isn’t just fantasy. It’s a bl...
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The 25 per cent tariff on Indian goods that Trump announced is expected to have more significant economic implications for America than for India, SBI Research said in a report on August 1. According to the report, the impact of these tariffs may ultimately be more detrimental to the US economy than to India'...
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Fitch Ratings on Friday cut India’s GDP projections for the current fiscal to 6.3 per cent and said it expects a limited direct impact of higher US tariffs on Indian corporates. In its Global Economic Outlook in April, Fitch had estimated India’s GDP growth at 6.4 per cent for 2025-26.
“We expect India’s G...
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Less than half of India’s merchandise exports to the US are exposed to the 25% additional duties imposed by US President Donald Trump, but that is little reason for comfort as the blow would be heavy where it is applied. Worse, sectors that could be hit are largely employment-intensive ones where MSMES hold l...
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As Washington tightens its stance through high tariffs and a penalty on imports from India, the country could seek to leverage the situation by offering trade arrangements such as long-term LNG contracts, increased crude oil imports, and joint ventures in solar and other renewable sources of energy to help ea...
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MARKET & FINANCE
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India's forex reserves increased by $2.7 billion to $698.19 billion for the week ending July 25, data by the Reserve Bank of India showed on Friday.
Previously, India's forex reserves had dipped by $3.06 billion to $696.67 billion for the week ending July 18.
Foreign currency assets, a major component o...
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Foreign Portfolio Investors (FPIs) were net sellers to the tune of 3,366 crore worth of shares in Indian equities, while domestic institutional investors (DIIs) net bought Rs 3186 crore worth of shares, according to provisional NSE data, on August 1.
DIIs purchased equities worth Rs 14,990 crore and offloa...
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GLOBAL CORPORATE
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Ever since President Trump began raising tariffs on goods from China during his first term, Chinese companies have raced to set up warehouses and factories in Southeast Asia, Mexico and elsewhere to bypass US tariffs with indirect shipments to the American market via other countries. But on Thursday, Trump to...
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Exxon Mobil and Chevron on Friday reported their lowest second-quarter profits in four years, as lower global energy prices and a surge in oil supply from OPEC+ weighed on revenues. However, both US oil giants still managed to beat Wall Street's earnings expectations, driven by higher
production volumes.
...
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OpenAI has secured $8.3 billion in new funding, valuing the company at an estimated $300 billion, according to The New York Times. The oversubscribed round came months ahead of schedule, a part of OpenAI's broader strategy to secure $40 billion this year.
Back in March, OpenAI shared plans to raise signifi...
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Tesla's new car sales in Spain rose 27% in July from the same month in 2024 to 702 vehicles, registration data released by industry group ANFAC showed on Friday, while sales of electrified cars as a whole skyrocketed, with a 155% rise.
Sales of Tesla cars in Spain were up 1.1% in the first seven months of ...
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Exxon Mobil beat Wall Street estimates for second-quarter profit on Friday as higher oil and gas output and low production costs offset the impact of lower crude prices.
The biggest U.S. oil producer made clear that it is ready to take advantage of lower oil prices and make acquisitions, but only if it is ...
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BYD's vehicle production fell 0.9% in July from a year earlier, ending a 16-month growth streak that has catapulted the Chinese automaker into the world's largest electric vehicle maker.
BYD made 317,892 electric vehicles and plug-in hybrids (PHEVs) globally last month, while sales edged up 0.6% to 344,296...
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Microsoft layoffs in 2025 and Satya Nadella's AI strategy: At a time when thousands of Microsoft employees are still reeling from sudden job cuts, the tech giant has posted $27.2 billion in net income for the latest quarter, a 24% jump from the previous year, as per a report. The driving force behind that gro...
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U.S. President Donald Trump's demand on India to halt Russian oil imports could threaten billions in Russian revenues, prompt Moscow to retaliate by stopping a major U.S.-led oil pipeline and potentially lead to a new global supply crisis.
India, the world's third largest oil importer, has become the bigge...
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Banking
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The number of transactions through the popular Unified Payments Interface (UPI) touched a record high of 19.47 billion in July, according to data released by the National Payments Corporation of India (NPCI).
In terms of value, it was Rs 25.08 lakh crore, the second highest after Rs 25.14 lakh crore recor...
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GLOBAL ECONOMY
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| Trade Report |
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Month |
Link |
| Switzerland |
July 2019 |
Click |
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The International Monetary Fund lowered the bar for Argentina's reserve accumulation targets through 2026 in its $20 billion program and removed a review that was due before the country's October legislative elections as detailed ...
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Britain's manufacturers - hit in recent months by trade wars and higher taxes - moved closer to a return to growth in July and executives were their most optimistic in five months, according to a survey published on Friday.
The...
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Indonesia's economy likely grew at its slowest pace in nearly four years last quarter as weak household spending weighed on overall growth and offset a boost from exports, according to a Reuters poll of economists.
Southeast As...
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Pakistan's consumer inflation accelerated to 4.1% year-on-year in July, up from 3.2% in June, driven by rising prices for food items, fuels and medicines, the statistics bureau said on Friday.
July's consumer price inflation mo...
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Canada's manufacturing sector contracted for a sixth straight month in July as tariffs undercut trade with the United States and spurred firms to reduce inventory as well as staffing levels, data on Friday showed.
The S&P Globa...
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U.S. manufacturing contracted for a fifth straight month in July and factory employment dropped to the lowest level in five years amid tariffs that have raised prices of imported raw materials.
The Institute for Supply Manageme...
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U.S. construction spending dropped further in June amid a sharp decline in outlays on single-family housing projects because of higher mortgage rates and rising inventory.
The Commerce Department's Census Bureau said on Friday ...
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The Russian rouble is expected to weaken to 100 against the U.S. dollar in the next 12 months, a 20% decline from its current level, according to a Reuters poll of 14 analysts on Friday, with potential new U.S. sanctions viewed as...
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Banks across the European Union are strong enough to weather an economic shock driven by geopolitical and trade tensions, the European Banking Authority said on Friday as it presented the outcome of its latest health check of the ...
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US job growth slowed more than anticipated in July, with the labour market showing signs of cooling. Nonfarm payrolls rose by just 73,000 last month, following a revised gain of only 14,000 jobs in June, according to the Labour De...
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INDIAN CORPORATE
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Suzlon Group on Friday announced that it has secured a 381 MW order from Zelestra India and its affiliates. This is Zelestra’s first-ever FDRE project.
“With proven end-to-end capabilities, from cutting-edge turbine technology...
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Troubles for the Anil Ambani Group of companies are not ending. The latest on the ED summons to Anil Ambani over Rs 10,000 crore loan fraud on August 5—Reliance Group sources have confirmed to Financial Express.com that Reliance I...
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Adani Power’s net profit declined by 15.5 per cent YoY in the first quarter of fiscal year 2025-26. The company posted a net profit of Rs 3305 crore in Q1 FY26 against a net profit of Rs 3912 crore in Q1FY25.
Furthermore, the A...
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ITC Ltd on Friday released its fiscal first quarter earnings report with a profit growth of 3.21 per cent to Rs 5,343.41 crore in comparison to Rs 5,176.99 crore recorded during the corresponding quarter of FY25. It posted revenue...
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GST
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Gross GST collection increased 7.5 per cent to about Rs 1.96 lakh crore in July on higher domestic revenues.
Gross Goods and Services Tax (GST) mop-up was Rs 1.82 lakh crore in July 2024. Last month, the collection was Rs 1.84 lakh crore.
The gross domestic revenue grew 6.7 per cent to Rs 1.43 lakh cror...
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