India, Bangladesh Consider Trade Settlement in Rupee; To Begin CEPA Talks Soon
India and Bangladesh have recently agreed to initiate CEPA negotiations. Both countries are also considering the prospect of conducting trade in Indian rupee.
Karnataka Announces New Start-Up Policy, Provision of INR 1 Billion VC Fund
Karnataka’s new start-up policy targets the growth of emerging tech enterprises, women-run start-ups, and start-ups located beyond Bangalore.
India Surpasses China in M&A Fees for Western Investment Banks
Factors behind India overtaking China in M&A fees for foreign banks include consolidation and capacity enhancement among conglomerates and the expanding digital economy.
Uttar Pradesh’s New Industrial Policy 2022: North Indian State Seeks to Pull in More FDI
Uttar Pradesh is a leading FDI destination in India, and is offering incentives for greater participation from overseas investors in its industrial development. We discuss recent state policies and reforms.
India’s Position on Russian Oil: No to Price Cap, Cooperation in Leasing and Construction of Large Crude Carriers
India is not supporting the US$60-price cap per barrel imposed on Russian oil by the G7, EU.
India-Netherlands Trade and Investment Ties
As India and the Netherlands formalize the FTM, we discuss their bilateral trade and commercial links and the pivot in Dutch investments in India in UN SDG-linked areas.
Maharashtra Revises Single-Use Plastic Ban: Items Now Allowed for Production and Use
Maharashtra rolled back the state’s ban on single-use plastic items made of compostable material and specified packaging material.
India’s Retail Digital Rupee: Pilot Launch from December 1
We discuss how the retail digital rupee works, its use in transactions, and note the RBI’s plan for pilot roll-out and participating banks.