Economy & Trade

India to Return to 7-8% Growth By 2015

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Apr. 26 – In several recent statements both to the press, international investors, and the Indian parliament, India’s President, Prime Minister, and Finance Minister have stated that they are confident in returning to seven or eight percent annual growth as early as 2015. They have also stressed that foreign direct investment (FDI) is critical in […]

Work Visas for Indians Offered as an EU-India Free Trade Sweetener

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Apr. 24 – The European Union (EU) is ready to make an “ambitious” offer on temporary work visas for Indian professionals in a bid to finalize its free trade agreement (FTA) with India. The EU’s chief negotiator Ignacio Garcia Bercero called on India to reciprocate by opening up its finance, agriculture and retail sectors to […]

ASEAN Briefing Website Launched

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The new ASEAN Briefing website houses an extensive archive of the several hundred double taxation avoidance agreements that exist between ASEAN, its members states, and other countries and regions around the world. It also contains a news section providing updates on regional trade issues, developments within ASEAN, and other information such as the ASEAN-India trade dynamics and the agreements that are already in place between the two nations.

Finance Minister: India Will Protect Foreign Investment

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Apr. 19 – Finance Minister P Chidambaram has said that India has all the qualities that guarantee foreign investment is protected. The Minister – tipped to become the next PM – is currently on a tour of North America to promote investment in India. Chidambaram affirmed that foreign investors need to be assured by emerging […]

Popular American Children’s Magazines Launched In Indian Market

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Apr. 19 – Indian versions of the popular American children’s magazines ‘Highlights’ and ‘High Five’ were launched in India this week. American Ambassador to India, Nancy J Powell, noted during the launch that “Highlights Magazine has been delivering fun with a purpose for three generations of American children since 1946. From its beginning, the magazine […]

Foreign Direct Investment in Indian Tourism

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By Dezan Shira & Associates Apr. 19 – The tourism industry of India is interwoven with the country’s monetary development, and as India’s GDP continues to mature, an increased number of projects are necessary to support the industry in the form of fundamental infrastructure projects (i.e., transportation systems, the development of accommodation centers, etc.). Over […]

Liability In A Limited Company

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By Gunjan Sinha, Senior Associate, Dezan Shira & Associates Apr. 12 – A Limited Liability Company (LLC) in India is said to only bear limited liability for its directors and members as they are only liable for unpaid share capital. During the process of winding up a LLC, the shareholders must pay back any uncalled or […]

Key Sectors for FDI in India: Roads and Railways

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Apr. 11 – The Indian government has clearly indicated that infrastructure development remains the nation’s top priority. Recognizing that a steady supply of power along with efficient transport infrastructure will help revive the Indian economy and boost productivity, the government has set up plans to increase gross capital in infrastructure over the next several years to over […]

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