India Market Watch: India-US Defense Logistics Pact Stuck, Government Pitches ‘Clean India’ to Private Sector
In this week’s Market Watch, we briefly look at the US-India defense logistics pact – LEMOA, the dominance of Christian NGOs as foreign funding recipients, and the government’s efforts to improve private sector participation in ‘Clean India’ initiatives via CSR.
Indian Government Revamps Trade Mark Rules
Registering trademarks in India just got simpler: the government introduced its new Trade Mark Rules, 2017 on March 6. A faster, simpler, and transparent registration process will benefit businesses and will serve as an overall boost to India’s intellectual property regime.
India Is Hot! New IPO’s Are Massively Oversubscribed
A sign of the desire to get into the new Indian dynamic has manifested itself in the over-subscription of Indian IPOs. This is a time for entrepreneurs to get stuck in, and ride what promises to be an exciting ten years in making India both an Asian consumer tiger and the workshop of the world.
Medical Tourism in India: Industry Growing to Meet Demand
India is becoming an increasingly big player in the international medical tourism industry, otherwise known as Medical Value Travel (MVT). By 2020, India’s MVT industry will more than double its current revenue. Learn more about the state of the industry and its market potential here in this article.
India Regulatory Brief: Labor Rules Relaxed, UAE to Share Financial Information with India from 2018
In this week’s Regulatory Brief, we look at new labor compliance rules that will ease doing business; the Maternity Benefits Bill, 2016 that amends the 1961 Act, and; new rules of financial reporting that will close the UAE as a tax haven for Indians.
Strong Growth Prospects for Luxury Market Investors in India
We highlight the investment prospects in India’s luxury market – factors driving luxury consumer spending and government policies that will facilitate international brands.
India Sets GST Rates, App for July 1 Rollout
India is keen to rollout the GST from July 1; the government has pegged the peak tax rates, fixed tax slabs, and is working on ensuring easy accessibility for all. This article discusses the progress made and further areas that need to be addressed by the government.
India Market Watch: Cement Production Declines, New Unemployment Data
In this week’s Market Watch, we examine the decline in cement production levels in India, new unemployment data from the OECD and SBI, and the revised excise policy raising liquor costs in Haryana state (including Gurugram and Faridabad zones).