Business updates and special topic events, specially curated for global foreign investors in...

October 18, 2023

18 October 2023	View in Browser

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

INDIA EDITION


TOP STORIES THIS WEEK:


A Guide to Minimum Wages in India

Foreign businesses in India can have a challenging time comprehending and calculating the minimum wage as they differ in every state, and are categorized under multiple criteria, such as region...


India Simplifies GST Refund of Exports Remittances in Special Rupee Vostro Accounts

India-based exporters will gain from the GST Council’s clear guidance on Special Rupee Vostro Accounts (SRVA) remittances, easing GST refund procedures in Special Economic Zones (SEZs). The ability...


Manufacturing Consumer Durables in India: Changes to the White Goods PLI Scheme

India has made changes to the White Goods PLI Scheme, which aims to increase local production of consumer durables like ACs and LEDs. Now selected companies must provide a certification from a...


Understanding the Global Biofuel Alliance and India’s Role Within It

Several G20 nations, led by India, Brazil, and the US, along with 12 international organizations, spearhead the Global Biofuel Alliance for technology investment, expert collaboration, and global...


Sudan’s Iranian Rapprochement Gives Control Of the Red Sea to BRICS

It’s been little noticed in the media, but the recent statement by the governments of Iran and Sudan that they are to reestablish diplomatic relations after seven years of divorce has effectively...


World Bank Report: Understanding Russia’s Oil Export Trade Flows

The World Bank has issued its World Economic Outlook October 2023 report, titled ‘Navigating Global Divergencies’. Chapter 3, titled “Fragmentation & Commodities Markets: Vulnerabilities and Risks”...

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COMPLIMENTARY INDIA DOWNLOADS & RECENT RELEVANT ARTICLES:


An Introduction to Doing Business in India 2023

This publication is designed to introduce the fundamentals of investing in the Indian market and includes a guide to corporate establishment...


Important Financial Changes in India Effective from October 2023: Impact on Businesses


India’s Trade and Development with BRICS: Analysis and Opportunities


JPMorgan Includes India in Emerging Market Debt Index, Paves Way for Billions in Investments


India Market Entry Strategy for International Retailers


Selling to the Indian Market


The Proposed India-Middle East Corridor Is Set to Reshape Eurasian Connectivity, but Challenges Will Persist

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UPCOMING EVENTS FOR ASIA:


Exploring India's Export Competitiveness: Opportunities for Global Investors

Webinar \| Wednesday, October 18, 2023 \| 2:30 PM India Time / 4:00 PM Vietnam Time / 5:00 PM China Time


Eureka 2023

Start-up Festival \| Wednesday, October 25, 2023 \| IIT Bombay

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