Other Briefings
Draft Revisions to India’s Merger Control Regulations Governing Combinations
India’s draft Competition (Combinations) Regulations, 2023 released by the CCI, seeks to implement the amended Competition Act. It is open to the public for feedback till September 25, 2023. We discuss key provisions and proposed changes to the M&A landscape.
Government May Reconsider Implementing India’s Import Restrictions on Laptops, Tablets, and PCs from November 1
India may suspend its license and quota requirements on importing laptops, tablets, PCs, servers, and other electronic items under HSN 8741, opting instead for registration and monitoring in the current fiscal (FY24). We explain the import restriction policy—which is to come in effect Nov. 1—and track updates from the government that could delay or change its scope.
Achievements of the G20 Finance Track 2023 Under India’s Presidency: Global Economic Stability, Crypto Regulation
India’s 2023 G20 presidency achieved notable milestones in the finance track, focusing on international cooperation, including multilateral development bank enhancement, crypto asset policy shaping, lower and middle-income nation debt solutions, sustainable urban financing, and sustainable finance promotion.
Key Outcomes of the 2023 G20 Summit Held in India
The 18th G20 Summit of 2023 recently concluded in India saw 100% consensus around the New Delhi Declaration. We discuss key Summit outcomes.
India Expands Industrial Cooperation with the Eurasian Economic Union
India and the Eurasian Economic Union (EAEU) are developing an industrial cooperation plan, fostering alignment across various sectors.
India’s LLP Amnesty Scheme 2023: September 1 to November 30
India’s Ministry of Corporate Affairs has recently launched the LLP Amnesty Scheme 2023, granting LLPs respite from late filings (Forms 3, 4, 11) till November 30, with streamlined processes and waived penalties, showcasing support for businesses.
Foreign Investment Climate in Gujarat
The foreign investment climate in Gujarat benefits from its strategic location on India’s west coast and enabling policies and infrastructure.
India’s Q1 FY24 GDP Growth Reaches 7.8%, Outpaces Major Economies
India’s Q1 FY24 GDP growth surged to 7.8%, surpassing major economies like the U.S., UK, and China. Moody’s now predicts 6.7% growth in 2023.
