Other Briefings
RBI Issues New Circular on Foreign Investment in Credit-Enhanced Debt
The Reserve Bank of India has issued a new circular designed to increase capital inflows by allowing foreign investors to purchase credit-enhanced bonds issued in India. The new decree, Circular No. 74, will allow foreign institutional investors (FII) and qualified foreign investors (QFI) to purchase a total of US$5 billion in domestically issued credit-enhanced bonds.
India Pushes RBI to Loosen Infrastructure Financing Rules
Nov. 11 – Arvind Mayaram, economic affairs secretary at the Indian Finance Ministry, has called upon Raghuram Rajan, governor of the Reserve Bank of India (RBI), to transform the rules relating to infrastructure financing as well as the treatment of non-performing loans in that sector. The Finance Ministry views these potential moves as key to […]
Reserve Bank of India Signs MoU with Australia and New Zealand
Nov. 8 – The Reserve Bank of India (RBI) has signed a memorandum of understanding (MoU) with the Australian Prudential Regulatory Authority and the Reserve Bank of New Zealand this week during Deputy Governor K.C. Chakrabarty’s visit to the two countries. The new MoU establishes “supervisory cooperation and supervisory exchange of information” between Australia and […]
India to Allow Foreign Banks Access to Local Markets
After markets closed on Wednesday, the Reserve Bank of India, the country’s Central Bank, announced a series of new regulations that would allow foreign banks much greater access to the country’s domestic market.
India Rekindles Coal Sector, Allows Public-Private Partnerships
Oct. 28 – Following years of production deficits, the Indian government will now seek public-private partnerships (PPP) in the coal sector to boost domestic production, according to a draft agreement submitted this month by the Planning Commission. The coal sector, which is largely dominated by the state-owned mining company Coal India, has experienced perennial production […]
Visa Applications and Registration in India
When applying for a long-term visa in India, there are a number of procedures and legal frameworks that must be understood. In this article, we discuss the documents necessary for a foreigner to work in India.
India Develops Information Technology Investment Region
Sept. 24 – Hyderabad is soon to be home to a new Information Technology Investment Region (ITIR) following last week’s approval by the Cabinet Committee on Economic Affairs for new ITIR developments. The ITIR, which will include special economic zones and industrial parks, is expected to become a key information technology hub in the region […]
India to Boost Infrastructure Investment Through Trust Fund
Sept. 24 – The Indian government is currently working to set up a long-term infrastructure trust fund that would be open to both foreign and Indian investors – which would be similar to the real estate investment trusts in countries such as Singapore, Hong Kong and the US – by the end of this year […]
