India Briefing News

India-EU FTA: Commerce Department Engages Domestic Industry on Rules of Origin

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India’s Department of Commerce has reached out to domestic industries to seek feedback on rules of origin (ROO) under the India-EU FTA.

Indian Mobility Platform Ola Comes Under Regulatory Spotlight: CCPA Demands Consumer Protection Improvements

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India’s Central Consumer Protection Authority has issued a notice to Ola Electric and Ola Cabs for alleged violations of consumer rights. This situation highlights the importance for foreign companies and foreign-invested enterprises operating in India to adopt best practices to minimize the risk of regulatory intervention and mitigate scope for reputational damage.

The US 2024 Presidential Election and Potential Impact on India

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The 2024 US presidential election, featuring Kamala Harris and Donald Trump as candidates, is poised to impact India’s economy, trade relations, defense cooperation, and climate initiatives, depending on the outcome.

India-Hungary Trade Relations: From Solar Energy to Green Hydrogen Initiatives

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India-Hungary have significantly increased their trade in recent years and are eager to collaborate on nuclear and solar energy initiatives. Trade activities between the two countries crossed US$1 billion mark for the first time in 2022.

New GST Amnesty Scheme from November 1, 2024: Key Compliance Details

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India’s new GST amnesty scheme, effective from November 1, 2024, waives interest and penalties for non-fraudulent GST demands from 2017-18 to 2019-20.

Ratan Tata: Architect of the Tata Group’s Global Empire

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Ratan Tata, the Chairman Emeritus of Tata Group and a globally influential industrialist, passed away in Mumbai on October 9, 2024, at the age of 86. We look back at his legacy at the helm of the group.

India Eases Export Rules for Dual-Use Technology to 41 Countries

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India’s Directorate General of Foreign Trade (DGFT) has relaxed export rules for 36 dual-use items from Indian parent companies to their foreign subsidiaries in 41 countries.

India-Norway Trade and Investment Relations

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India and Norway’s bilateral relationship, strengthened by the recent Trade and Economic Partnership Agreement (TEPA) with the EFTA bloc, creates significant growth opportunities in renewable energy, maritime technologies, and sustainable development sectors.

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