Other Briefings
India Becomes Leading Source of Smartphone Shipments to the US in Q2 2025
India has emerged as the top smartphone exporter to the US in Q2 2025, driven by Apple’s production shift and Tamil Nadu’s rise as a key manufacturing hub amid global supply chain realignment.
India Overtime Regulations: What Employers and Employees Must Know
Gain a comprehensive understanding of overtime regulations in India, including legal requirements for double pay and key updates on working hours and state-specific overtime provisions.
Quick Commerce Turns to Profit as India’s E-Retail Sector Matures
India’s quick commerce (Q-commerce) sector is shifting from rapid expansion to a focus on profitability. Backed by a booming middle class, digital access, and policy support, the sector recorded a US$7.4 billion gross order value in FY 2024–25.
India Signs Historic Trade Deal with UK: What It Means for the Two Economies
On July 24, 2025, Prime Ministers Narendra Modi and Keir Starmer signed the landmark India–UK Free Trade Agreement (FTA) in London—India’s first major trade deal in over a decade and the UK’s fourth since Brexit.
India-UK Vision 2035 Explained: US$100 Billion Trade Goals and Opportunities
India and the UK have launched the Vision 2035 roadmap, outlining a 10-year strategic partnership across trade, technology, defence, education, and climate. Building on the India-UK FTA, it sets clear goals for sustainable growth and innovation.
India’s Updated Income Tax Return Forms for AY 2025–26 Explained
India’s Income Tax Department released ITR Forms 1 and 4 on July 11, 2025, following the rollout of ITR Forms 2 and 3 in May. Key updates include changes to capital gains reporting, revised LTCG exemptions, and form-specific compliance rules.
India’s PLI Schemes Clears 806 Projects, Drives US$20 Billion in Investment
As of July 21, 2025, a total of 806 applications have been approved under India’s Production Linked Incentive (PLI) schemes. By March 2025, the schemes had attracted investments amounting to INR 1.76 trillion (US$20.3 billion) across 14 key sectors.
India-UK FTA 2025: From Finalization to Implementation
India’s Union Cabinet has approved the India–UK Free Trade Agreement (FTA), paving the way for its signing during PM Modi’s London visit on July 24, 2025. The deal aims to remove tariffs on 90% of goods, enhance market access, and create jobs in both countries.
