India Briefing News

Increase in Employment as Subscribers Under EPFO Grow to 14.5mn in FY2023-24

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India’s preliminary payroll data shows 14.5 million net members were added to EPFO in FY’24, indicating steady rate in employment generation.

Empowering India’s Net-Zero Goals: The Rise of Climate Tech Startups

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Indian climate tech startups are leveraging advanced technologies to combat climate change, supporting the country’s net-zero goals, and providing industries with the tools to achieve sustainability across their operations.

CCI Updates: New Merger Control Regulations, Focus on Digital Market and AI

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India’s antitrust regulatory body, CCI, is working on more implementing regulations to give teeth to the Competition (Amendment) Act, 2023. Further, the antitrust body is keen to address monopolistic tendencies in the digital economy, per latest remarks from the chairperson, Ravneet Kaur.

India as an Emerging Manufacturing Hub: Factors Driving Growth

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Several factors have contributed to the steady progress seen in India’s manufacturing sector in recent years, but key issues must be addressed for more rapid expansion and higher quality growth.

India’s Office Leasing Market: Demand Could Exceed 70 Million Square Feet in 2024

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India’s office leasing market has shown robust activity among occupiers and investors, with Hyderabad leading supply additions in Q1 of 2024.

Double Taxation Avoidance Agreements (DTAAs) and Your India Investment Strategy

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India has double taxation avoidance agreements (DTAAs) in place with over 90 countries, with certain tax treaties offering lower withholding tax (WHT) rates on certain types of income. This article examines how DTAAs can impact foreign firms and their India investment strategy.

Industry Bodies, Associations Seek Extension for Digital Competition Bill Feedback

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The bill proposes a preemptive regulatory framework for overseeing digital markets in India, drawing inspiration from the Digital Markets Act of the European Union. Industry stakeholders are opposed to ex ante regulation fearing limits to market growth and stifling innovation.

India Signs 10-Year Pact with Iran to Operate its Chabahar Port

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India and Iran have signed an agreement on bilateral operation of the Chabahar Port, wherein the former will manage Shahid-Behesti terminal.

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