India’s Forex Reserves Swell
India’s foreign exchanges reserves saw a sharp increase to achieve the record for the highest peak till date. Global rating agencies are also looking favourably towards India’s economic growth forecasts. The Government’s procurement portal is also contributing to growth and revenue generation. Read More: India’s legal […]
Opportunities for India’s Trade Partners
India is looking to build stronger economic relationships with its existing trade partners. The negotiations on some of the agreements with these trade partners has progressed recently. Further, the government is keen to promote India’s market potential and diverse opportunities which are available for different countries […]
India Hopes for a Better Year
The election year in India has commenced and everyone is keenly observing the ongoing developments for this mammoth exercise which is scheduled during the year. The economic growth forecasts for the Indian economy appear to be stable despite the numerous challenges observed during the year. The […]
2023 Looked Favourably Upon India
The year 2023 has just gone by and ended on a strong note for India’s economy. With strong growth forecasts and record infusion of funds by FPIs. There is collective optimism on the economic front based on the available indicators and performance of various sectors in […]
India – Relook at SEZs and Regional Trade Pact
The Government continues its efforts on improving important economic considerations as it seeks to amend the Special Economic Zones Act and the trade pact with ASEAN countries. The economic growth prospects for India have been stable for some time. Moody’s Investor Service – Moody’s Investor Services […]
India – Economic Growth Forecasts Improve
The economic growth prospects for India have seen some upward movements in the recent reports published by international financial institutions. The detailed coverage by the World Bank is insightful and captures some of the key elements which have contributed to the current or proposed growth. There […]
India – Economic Growth Prospects Stable
The economic growth forecasts for India have not seen much change in the near term as per updates provided by international financial institutions. The detailed reporting by Asian Development Bank is noteworthy and provides insights into the performance in the past few months, together with projections […]
A New Privacy Regime Begins in India
India created history when the Lander Module (LM) of the Indian Space Research Organisation’s (ISRO) third lunar mission Chandrayaan-3, launched on July 14, made a successful landing on the Moon’s surface on August 23, making India only the fourth country after the erstwhile USSR, the U.S. […]
India Focuses on Ease of Doing Business
The economic growth forecasts for India seem to be stabilizing as per recent reports of global financial institutions. The proposed personal data protection law saw progress this month with hopes of the same being introduced in Parliament in August. The Government’s focus on ease of doing […]
India’s Economic Growth Shows Signs of Slowing
The economic growth forecasts for India are showing reduced rates indicating reduction in the growth for the current financial year. A number of factors are contributing to this reduction though India remains one of the fastest growing economies among comparable countries. A new industrial policy is […]
India Focuses on Information Technology Improvement
Foreign investment in India through portfolio investors continues to remain positive in the last few weeks though there has been a decline in overall FDI in the past financial year. Economic growth forecasts appear to be moderated based on prevailing circumstances, globally as well as internally. […]
Economic Growth Forecast Reduces While Investment Increases in India
The global economic slowdown is impacting India with the reduction of economic growth forecasts by international financial institutions, a downward trend that has been continuing for more than a quarter now. There is hope for improvement with more domestic consumption that is expected to increase. The […]
Landmark Legal Development in India
It came as a huge surprise that the Bar Council of India (BCI) issued regulations permitting foreign lawyers and law firms to register in India.
India: Forging Ahead Across Borders
The Government of India has forged a financial relationship for wallet transactions with Singapore. It is a first for going beyond borders to simplify transactions. This is a landmark achievement and might be beneficial for residents of both countries. The Union Budget has proposed a series […]
India economic progress: New Year New Beginnings
India economic progress brings new hope and optimism for 2023 after a recovery phase in the second half of 2022. It is aiming for a betterment from the past year. The expectation for improving economic progress is not totally unfound. While considering that the Indian economy […]
India Ends 2022 On Growth Prospects
As 2022 came to a close, there were new fears of Covid 19 causing disruptions in view of the sudden surge in certain countries. And the Government sent out advisories and actions. The year-end economic growth forecasts by global financial institutions improve compared to previous estimates. […]
India Focuses on Digital Development
The economic forecast continues to remain slightly weak with lower growth forecast by leading financial agencies. The impact of external factors continues to influence the current local situation. As the Government makes attempts to improve economic conditions. India has now assumed the prestigious presidency of the […]
India: Overall Economic Forecasts Dip Further Despite Individual Gains
External factors continue to be adversely impacting India’s economic progress. Though the Government has taken adequate steps to steer the economy back on the growth path. Despite the individual performance factors being higher than the rest of the world, the overall growth forecast has gone down. […]
India: Economic Forecasts Dip on Global Cues
With the Covid-19 pandemic waning in India, the other aspects of the economy came to the fore. Especially the increasing inflation which appears to be one of the major factors dampening economic growth prospects. Most of the international financial institutions and global rating agencies have lowered […]
India: Economic Improvements in Sight
There have been some improvements India’s economic activities and the Government is making efforts to complete free trade agreements with some of the significant trading partners. The inflows from foreign portfolio investors have increased and currently highest in the last 20 months. There was a setback […]
India: Economic Growth Further Slows Down
India’s economic growth has further slowed on global cues and disruptions as reflected in the reduced economic growth forecasts by global financial institutions. Concurrently, the Indian Rupee had almost a freefall against the dollar due to global factors such as the Russia-Ukraine conflict, soaring crude oil […]
India on Economic Growth Path, Albeit Slower
India continues its slow economic recovery while Covid-19 cases are rising once again in the country. The economic growth forecasts have been reduced by global financial institutions amidst internal issues including inflation and external issues comprising largely due to the supply chain disruption arising out of […]
India Focuses on Business Operational Improvements
India is a state of static recovery with Covid-19 cases remaining low and other internal as well as external factors impacting major economic rebounds. The war in Ukraine has disrupted supply chain routes and Covid related economic packages are now adding to the inflation increase. This […]
India’s Economy Sees Impact of Global Headwinds
As mentioned last month India continues to be negatively impacted by the ongoing war with lower economic forecasts as a fallout of the ongoing conflict. There have been increasing surge of Covid 19 new cases in certain parts of the country, which is worrying local governments […]
India Sees Glimpses of Pre-Pandemic Times
India is feeling the impact of the ongoing war with lower economic forecasts as a fallout of the ongoing conflict. The situation relating to Covid 19 pandemic in India has seen significant improvement in the last month leading to lifting of restrictions across the country. We […]
India Improves Internally as Conflict Rages Externally
The third wave of Covid 19 pandemic in India abated as quickly as it has engulfed the entire country in a very short span of time. All activities have resumed in the country as the situation improved in the last few weeks. The forecasts by global […]
Omicron Drives in the Indian New Year
The new year was ushered in riding on the third wave of Covid 19 pandemic in India largely due to the spread of the Omicron variant across the country. The daily case load shot up in the first 3 weeks of the month and restrictions were […]
India Closes the Year with Economic Optimism
India continued to maintain momentum on economic recovery as projected forecast for growth was reduced by some global agencies. This is linked to the Covid 19 related situation prevailing in India currently. There has been a marginal rise in daily reported cases since the Omicron variant […]
India Stays Steady as Storm Looms in Horizon
Just as we thought that the pandemic was slowly receding in India with very low daily cases and festive season behind us now, a fresh threat looms on the horizon. The Omicron variant is being seen as a concern worldwide now. India was gearing up to […]
India: Should We Celebrate this Diwali
There has been cause for cheer as India scripted history by achieving administering 100 crore (one billion) Covid-19 vaccination doses in just about nine months of its rollout. The daily increase in new cases has remained on the lower all throughout the festive season. India is […]
India: Economy Shows Signs of Revival
There has been recovery of the Indian economy in the past month. The daily new Covid 19 cases have gone down some more to around 30,000 and even below on certain days. This is coupled with staggering coverage on vaccination across the country. Considering the vast […]
India: Economy Sees Green Shoots as Vaccination Coverage Increases
There have been some green shoots in economic activity as new Covid 19 cases seem to have stabilized around the 40,000 daily mark. The festive season has just commenced and there are apprehensions as well as expectations. The apprehension stems from gatherings and people coming together […]
India: Economic Impact of Second Wave
The second wave of Covid 19 seems to be continuing and the warning from health experts that the tail of the decline could be prolonged is coming true. India continues to record average of around 40,000 cases for the past 3 weeks with large numbers seen […]
India: Clawing its way back from the devastating Covid 19 Second Wave
India breathed a collective sigh of relief as the second wave seemed to have abated for now. The daily new cases of Covid 19 have come down quite steadily and gave respite to all anxious citizens of this vast country. The prediction of a third wave […]
India: Covid 19 Second Wave Leaves Behind Devastation and Death
The ferocious second wave of Covid 19 has caused severe wreckage in India. The depth of the destruction and death exposed the poor preparedness and sorry state of affairs that the country found itself in during the last few weeks. Several local lockdowns were imposed by […]
Covid-19 Second Wave Sends Shivers Down India’s Spine
It is unnerving to see what is happening all around us in India. The second wave of Covid 19 has been ferocious and severely impacted Indians. The daily new cases recorded have been the highest in the world for the past few days. The economy is […]
Covid-19 Second Wave Hits India on Lockdown Anniversary
India is once again witnessing a surge in Covid-19 infections. As the anniversary of the lockdown approached the increase in cases reared its ugly head and this time the numbers are skyrocketing in affected areas. The second wave is threatening to undo the gains from the […]
Will Vaccination Revive Economic Growth Sentiments
India’s ambitious vaccination drive is currently going on in full swing
New Year New Hopes for India
The new year began on positive sentiments with vaccination drives across the world including India. What has helped further is the reduction in active Covid-19 cases in the country. It looks like the peak in infections has been passed and this is somewhat helping the recovery […]
India Sees Slight Economic Recovery
The Indian economy fared better to slightly recover from recessionary situation in the past few months. There is optimism due to the impending launch of the vaccination drive after the Government grants emergency authorisation. This is reflected in improved forecasts by global institutions. There is significant […]
Covid-19 Pushes India Into Technical Recession First Time In Its History
The Indian economy’s consecutive contraction in 2 back to back financial quarters ensured that it entered a phase of technical recession. This is what was feared at the start of Covid-19 pandemic when Asia Law Portal reported that the International Monetary Fund had projected India’s worst […]
India’s Economy Continues to Fight Coronavirus Effect
The increase in India’s Covid-19 cases remains high though new cases have decreased steadily and recovery rate increased. With the ongoing festive season in the country and the lifting of the lockdown near complete, the situation can get worse if due precautions are not observed in […]
The Worst Economic Contraction since India’s Independence
The Covid-19 situation continues to deteriorate in India and cause contraction that the country has never seen since its independence. The Government is making desperate attempts to revive the economy and marginal effects can be seen in the increase in exports. Changes in the foreign direct […]
India: Economic Shock is Severe
The economic situation and severity of the Covid-19 crisis in India is now unfolding rather rapidly. The Reserve Bank’s annual report, while providing details on the current situation, has acknowledged that contraction in economic activity will likely prolong into Q2 and the path to recovery is […]
India: Unlocking Benefits vs. Rising Covid-19 Cases
With the gradual unlock of the lockdown restrictions kicking in across various parts of the country, there are slim hopes of slow improvement in the economy. While some State Government are battling surges and the daily rise of new Covid-19 cases breaking new records, the Government […]
India’s Economy Likely to Contract
India is limping back to some normalcy in economic activity and resumption of business operations despite the rising Covid 19 cases. While partial lockdowns are still in force in certain pockets where the concentration of cases is high, industrial establishments and offices have opened up in […]
India’s Economy Locked Down
The grim fallout of India’s self-imposed lockdown of more than 2 months is coming to the fore now. The economic growth has now dipped to zero or even negative leading to a contraction. While continuing the lockdown, the Government has relaxed restrictions on certain business activities. […]
India’s Economy Wilting Under Covid-19 Headwinds
India’s self-imposed near-total lockdown of 21 days extends further to May 03, 2020. This 40-day shutdown has derailed the economy as per reports of global financial institutions. There has been marginal lifting of the restrictive measures in select areas for some essential services only. But the […]
India Battles to Survive Covid-19
A slipping economic growth in India hit with a rude jolt by the WHO declare-pandemic. Which is threatening to wipe out many global economies. Covid-19’s sudden spike in March is wreaking havoc. And to contain the fast-spreading outbreak, India enter into a self-imposed near-total lockdown of […]
India’s Finance Budget and slipping economic growth
The Union Finance Budget is here without much in it for foreign investors. The economy remains a point of discussion with global financial institutions as recovery does not appear in the horizon. While Coronavirus has not directly hit India, it is feeling the effect in different […]
Will 2020 be make or break year for India’s economy?
The Government of India should be ready with its new year resolutions and timelines to achieve the same. As 2020 ushered in the lowest GDP forecast in the last 11 years. It continues the year-end gloomy economic situation in the country. The Government has an opportunity […]
India Ends 2019 on a Significantly Weak Economic Note
The Indian economy did not have any recovery on the economic front as per data released by 2 global financial institutions. The Personal Data Protection Bill made the much-awaited comeback to the forefront when it was introduced in Parliament. India’s regional trade and growth potential remains […]
India: Economic Growth Dips to Slowest in 26 Quarters
The Indian economy recorded its slowest growth in 26 quarters knocking in fears of a recession. While the Government denied this, the dipping growth rate continues to be the focus of global financial institutions. Foreign investment inflows increased compared to last year providing some hope and […]
India: Doing Business Ranking the only Face-Saver
India’s improvement in the World Bank’s Doing Business ranking is the only bright spot in a lackluster economy that desperately needs reassurance of a revival. It’s akin to the Diwali sparkle which lights up India around this time but belies the darkness for the rest of […]
India: Will Corporate Tax Cut Revive Growth or Widen Fiscal Deficit
The mounting pressure of a sagging economy and sharp economic growth forecast reductions by global institutions, the Government of India announced significant tax relief to corporates. However, while this seemed to cheer the industry and may be a stimulus in the short term, experts have warned […]
India economic slowdown: Stimulus to Slow the Slowdown
The Government finally took some recourse to revise the slowing India economy by introducing a stimulus economic package. The foreign direct investment limits were further liberalized to add possibly as part of the stimulus. The slowdown was now reported by Moody’s as well. The Personal Data […]
India Renewed Interest in Entry of Foreign Law Firms
The discussion around entry of foreign law firms in India was resurrected recently. The economic slowdown is now even more glaring with ADB and IMF further lowering their respective April 2019 growth forecasts, which, together with the forecasts reported by World Bank and Fitch last month, […]
India: Economic Growth Slows Amidst Data Localisation Concerns
The Indian economy is heading for a slowdown as growth forecasts are flat or lowered. The laws pending for approval before the general elections are now in focus. Data localization concerns are rising with the data protection related proposed legislations due to be passed law soon. […]
Modi Returns While India’s FDI Falls
The people of India voted the incumbent Prime Minister Narendra Modi back to power with a thumping mandate in the general elections which concluded this month. The reforms and other initiatives of the current Government are expected to continue and pending legislations such as data privacy […]
Slowdown Forecast for India’s Economic Growth
The five year term of the current Indian Government led by Prime Minister Narendra Modi is coming to an end as the electoral process commenced in the world’s largest democracy. The elections are being carried out phase-wise across the country and results are scheduled to be […]
Mixed Forecast for India’s Economic Growth
There were mixed forecasts for India’s growth in reports issued by Fitch and Moody’s. While one showed a continuous decline the other one appeared stable. There is a proposal to liberalise foreign direct investment in foreign portfolio investments. India and South Korea came together to create […]
Dip in India’s FDI While It Climbs Highest in IP Index
India reported reduction in its foreign direct investments. The draft national e-commerce policy has been introduced and currently available for submission of comments by stakeholders. The news to cheer was India’s climb in global intellectual property index. The RBI’s forecast on India’s GDP growth was announced […]
High Growth Forecast for India Amidst Some Concerns
India continued to receive high economic growth forecast, as per reports issued by the International Monetary Fund and United Nations (UN). However, the UN reported highlighted some concerns and worrisome factors. Government of India recently amended the external commercial borrowings rules to further enable ease of […]
India Changes E-commerce FDI Rules
Government of India recently amended the FDI rules in the e-commerce sector. The amendment, though mentioned as a clarification, has made substantial changes to the regulations. Foreign portfolio investors’ registration has increased sharply during the year. The data protection bill appears to have been finalize. Fitch […]
India Jumps in Doing Business Ranking
India shot up in the World Bank’s Doing Business ranking this year, marking a consistent rise in its performance in the last 4 years. The Government introduced a new initiative to keep the momentum going. India was also recognized as the second fastest innovator among major […]
India Recovers Slightly in Global Competitiveness Rankings
India climbed five places to reach rank 58 in the Global Competitive Index recovering from the huge dip last year, after stellar performances in 2015 and 2016. India’s economic growth forecast by the IMF remained slightly lower that its April forecast. The current royalty norms for […]
India’s High Trade Potential in South Asia
The World Bank released a report with startling study on how limited transport connectivity, onerous logistics and regulatory impediments, and lack of trust, it costs more to trade within South Asia than between South Asia and world’s other regions. To give an example – Its 20% […]
India’s Growth Forecast High Amidst Dollar Woes
India’s economic growth forecast remained stable with Moody’s predicting growth of 7.5%. This was close to the forecast of 7.6% by Reuters. The Government is aiming for a further jump in India’s ranking in the World Bank’s Ease of Doing Business Report. Finally, the demonetisation report […]
India World’s Sixth Largest Economy
India became the world’s sixth-largest economy recently. However, its economic outlook forecast was marginally reduce. In its continued effort to improve ease of doing business, India announced results of States and Union Territories’ performance in Ease of Doing Rankings. India also became home to the world’s […]
India’s Economic Growth Scores Highest in World Bank Report
India’s economic growth Score prospects received a major boost from the World Bank and the Government of India reports. The Government also simplified the reporting of foreign investment by Indian entities. The Government’s increasing focus on intellectual property rights and its awareness resulted in the creation […]