International business
India appeals against WTO panel’s ruling on export promotion schemes
On 18 Nov, India appealed against a World Trade Organization (WTO) dispute settlement panel’s ruling that had recommended withdrawal of its key export subsidy schemes, including the one for special economic zones in the next 90-180 days. Recently, WTO had ..
Tags: Export • Export subsidy • International business • Subsidies • Trade
UNCTAD releases World Investment Report 2019
According to UNCTAD’s World Investment Report 2019, Foreign Direct Investment (FDI) into India increased by 6% to $42 billion in 2018 with strong inflows in manufacturing, communication, financial services and cross-border merger and acquisition activities making it the sub-region’s largest ..
Tags: Economy of India • Foreign direct investment • International business • Retailing in India
India finds problems OECD Services Trade Restrictiveness Index
India has found problems with the current method under which the OECD index –Services Trade Restrictiveness Index (STRI) – ranks countries based on their services trade policies. As per study commissioned by Indian Ministry of Commerce, the outcomes of index ..
Tags: Foreign direct investment • International business • International macroeconomics • OECD
Union Cabinet to set up an unified authority for regulating all financial services in IFSC
The Union Cabinet has recently approved establishment of a unified authority for regulating all financial services in International Financial Services Centres (IFSCs) in India through IFSCs Authority Bill of 2019. The establishment of a unified financial regulator for IFSCs will ..
Tags: Corporate tax avoidance • Financial centre • Financial regulation • Financial Regulator • International business
According to RBI’s annual data, Mauritius tops India’s FDI chart in FY18
According to Reserve Bank of India (RBI)’s annual data, Mauritius accounted for the largest source of Foreign Direct Investment (FDI) into India in the financial year FY18 followed by Singapore. The data shows that the total India’s FDI stood at ..
Tags: Foreign direct investment • International business
Draft Defence Production Policy 2018: Key Features
The Draft Defence Production Policy 2018 aims to create an environment that encourages a dynamic, robust and competitive defence industry, as an important part of the Make in India initiative. It also aims to facilitate faster absorption of technology and ..