Other Briefings
India’s National Financial Reporting Authority Fines BSR & Associates INR 100 Million for Audit Lapses
The NFRA has imposed an INR100 million fine on BSR & Associates, an audit firm, for alleged failures in auditing Coffee Day Enterprises Ltd.
India and Poland Upgrade Bilateral Relations to ‘Strategic Partnership’
India and Poland have established a 5-year Action Plan to boost trade, investment, and R&D collaboration across various sectors. The plan also aims to improve political dialogue, facilitate the movement of skilled workers, and strengthen diplomatic ties.
Teledensity Rises in India, Internet Subscribers Cross 954 Million: 2023-24 TRAI Report
According to the latest TRAI report, India’s telecom sector’s gross revenue reached INR 3.36 trillion (US$40 billion) in 2023-24. By March 2024, the total number of internet subscribers in India had increased to 954.4 million.
India’s FDI Soars by 26.4% in Q1 2024-25
India’s FDI surged 26.4 percent to US$22.4 billion from April to June, marking the highest growth in over five quarters, driven by the manufacturing, financial services, communication, and energy sectors.
India, Malaysia Agree to Expand Cooperation in Emerging Sectors
India and Malaysia have agreed to elevate the partnership and signed several agreements covering employment, traditional medicine, digital technology, culture, youth engagement, financial services, etc.
India Updates Foreign Exchange Rules, Simplifies Cross-Border Share Exchanges
India has amended updates to the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019, with the goal of simplifying cross-border share exchanges and promoting the ease of doing business.
India’s Draft Personal Data Protection Rules Likely to be Released Within a Month
India is expected to release a draft of the rules under the Digital Personal Data Protection Act (DPDP Act) within a month for public consultations.
More Women Engaged in Manufacturing Activities in India: MoSPI Report
In the latest report from India’s MoSPI, more urban women are engaged in the manufacturing sector, while rural women dominate agriculture activities.
