JPMorgan Includes India in Emerging Market Debt Index, Paves Way for Billions in Investments
JPMorgan’s inclusion of Indian securities in the GBI-EM index is anticipated to bring in investment flows of US$25-30 billion. The phased inclusion begins June 2024.
Bengaluru, India: Foreign Investment Brief
In this investment brief of Bengaluru, the capital of Karnataka in South India, we discuss key industry opportunities, the city’s living environment, and prevailing infrastructure.
Rupees, Rubles, and Cryptocurrencies
Trade between Russia and India has been increasing, and not just by single digits. In 2022, India displaced Europe as the main buyer of offshore oil from Russia. India increased its imports of Russian oil by 16x, making up a third of all deliveries to the country. India began buying Russian oil for UAE dirhams […]
Procedure for Registration with India’s Special Value Branch
Importers must register with India’s Special Value Branch (SVB) if they are affiliated with their suppliers, as per Customs Department requirements. We discuss how customs authorities assess related party transactions and the registration process with the SVB.
India Approves Viability Gap Funding Scheme for Battery Energy Storage Systems
India’s union cabinet has approved the Scheme for Viability Gap Funding for the battery energy storage systems (BESS) industry. The scheme envisages the development of 4,000 MWh of BESS projects by 2030-31, which will lower costs for the renewables sector.
India’s Digital Personal Data Protection Act, 2023: Data Privacy Compliance
India’s Digital Personal Data Protection (DPDP) Act 2023 will impact internet companies, mobile apps, and businesses handling citizens’ data. Enterprises will need to assess the fine print of the legislation to address their risk exposure and compliance requirements.
India’s Data Center Sector: Market Outlook and Regulatory Frameworks
India’s data center sector is poised for growth, helped by an expanding digital economy, high levels of internet penetration and widespread 4G connectivity slowly upgrading to 5G networks, as well as a mature IT services ecosystem. We discuss the market outlook, leading industry players, and relevant regulatory frameworks.
12th India-UK Economic and Financial Dialogue: Key Developments
The 12th edition of the India-UK Economic and Financial Dialogue discussed ways to unlock finance capital for sustainable projects and infrastructure funding besides further development of the GIFT City IFSC.