India Briefing News

India Regulatory Brief: India’s Central Bank to Toughen Cyber Security Compliance and FSSAI Steps Up Food Safety Inspections

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In this week’s Regulatory Brief, we highlight the Reserve Bank of India’s call for toughening up of cyber security measures by banks and lenders in the country, the change in the FDI rules for the financial services sector, and the increase in surprise inspections by the food safety regulator FSSAI.

Indian Government Set to Introduce Reforms to Labor Laws

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In a sign that the government wants to get serious about overhauling labor laws, India plans to introduce a proposed Wage Code bill that will guarantee minimum wages across the country in the winter session of parliament.

Key Outcomes of the 2016 BRICS Summit

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The eighth annual BRICS Summit took place in India from October 15 to 16 this year, in the midst of louder geopolitical rhetoric than usual. This article highlights the few key outcomes of the 2016 summit, including growing business and investment ties with Brazil and the challenges that lay ahead for BRICS.

India Market Watch: Funding Boost for Visakhapatnam-Chennai Industrial Corridor and India, Brazil Sign Investment Treaty

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In this week’s market watch, we discuss the proposed Visakhapatnam-Chennai Industrial Corridor; briefly examine the slowdown in job creation in the past few years in India; and finally, highlight the four MoUs exchanged between Brazil and India at the sidelines of the 2016 BRICS Summit.

India’s Solar Energy Sector: Investment Outlook, Challenges

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India has set itself with an ambitious target of generating 100 GW of solar power by 2022, which will require investments worth US$100 billion. This article discusses the state of India’s present solar infrastructure, its positive investment outlook, and finally the challenges that need to be overcome.

Indian Government Introduces Amendment to Fix Retail Price of Essential Commodities

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In a bid to control inflation, the Indian government has introduced a new notification to regulate the retail price of essential commodities. In this article, we discuss the challenges of implementing the law and the problems associated with regulating such prices in India.

India Regulatory Brief: Easier Process for Company Incorporation in India and Anti-Dumping Duty Extended on Specific Products

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In this week’s Regulatory Brief, we highlight the introduction of the Simplified Proforma for Incorporating Company Electronically (SPICe), the extension of an anti-dumping duty on ‘narrow woven fabrics hook’ and ‘loop velcro tapes’, and a new multi-transhipment law in the works.

External Commercial Borrowing in India: Easier Access for Startups

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In a bid to make India more business friendly, the government recently came out with new guidelines diversifying fundraising options for startups through the external commercial borrowing route. This article dissects the process and also discusses easier requirements for incorporating companies in India.

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