India Briefing News

India’s Antitrust Regulator Could Impose Penalty Fines on Entity’s Global Turnover

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India is proposing changes to its antitrust regime under the draft competition amendment bill that will levy much higher fines for violations.

India’s Latest Guidelines on International Travel

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India has relaxed international travel restrictions imposed during the COVID-19 pandemic.

Integrating with Global Value Chains: Sector Opportunities and Challenges in India

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India can better integrate with global value chains if it simplifies its customs and trade procedures and engages its vast MSME sector with global lead firms.

India’s FAME-II Scheme for Electric Vehicles Gets 80% Bump in Budget Allocation

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India’s budget allocation for the FAME-II scheme to incentivize clean mobility for FY24 is INR 51.72 billion (approx. US$631 million).

India’s G20 Presidency and Asian Trade Implications

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India’s bilateral trade with all its G20 Asian partners are at record levels  India has begun the 2023 Presidency of the G20 nations, which includes Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom and United States and the European Union. The […]

Highlights of the Indian Economic Survey 2022-23

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The Indian Economic Survey 2023 provides growth projections for the current financial year (FY 2022-23) and prospects for FY24.

India’s Union Budget for 2023-24: Key Highlights

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India’s Union Budget 2023-24, announced February 1, promotes infrastructure growth, green industry, and makes changes to the new tax regime. We report the major highlights.

The Netherlands Was India’s Third Largest Export Destination in April-December 2022: Commerce Ministry Data

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A jump in Indian export shipments, especially petroleum products, resulted in a US$12.3 billion trade surplus last year.

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