India Briefing News

Maharashtra Revises Single-Use Plastic Ban: Items Now Allowed for Production and Use

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Maharashtra rolled back the state’s ban on single-use plastic items made of compostable material and specified packaging material.

Operational Guidelines for India’s Drone PLI Scheme: Target Segments, Disbursal of Incentives

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India wants to advance the use and production of drones in the country and has released operational guidelines to implement the sector-specific PLI Scheme.

Splitting Posts of Chairman and MD/CEO Now Voluntary: SEBI

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India’s securities regulator SEBI wants the top 500 listed companies to split the position of chairman and managing director but is making it voluntary due to low compliance.

Investing in India’s Education Market: FDI Policy, Regulation, and Taxation

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India encourages foreign investment in the education sector and tax relief is provided as education is considered a fundamental right and service.

India’s Retail Digital Rupee: Pilot Launch from December 1

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We discuss how the retail digital rupee works, its use in transactions, and note the RBI’s plan for pilot roll-out and participating banks.

India-Australia ECTA to Enter into Force December 29, 2022

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India and Australia exchanged written notifications and confirmed that the India-Australia ECTA will enter into force before January 1, 2023, as planned.

India’s Shipping and Port Infrastructure Upgrades to Get Fast-Tracked

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Planned upgrades to India’s shipping and port infrastructure are being prioritized for completion by the government. Here’s what we know.

Telecom Equipment Makers Meeting with the Government on December 3

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PLI incentives and customs duty relief will be among issues targeting capacity enhancement that telecom manufacturers will discuss with the government.

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