India Briefing News

India’s Position on Russian Oil: No to Price Cap, Cooperation in Leasing and Construction of Large Crude Carriers

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India is not supporting the US$60-price cap per barrel imposed on Russian oil by the G7, EU.

India-Netherlands Trade and Investment Ties

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As India and the Netherlands formalize the FTM, we discuss their bilateral trade and commercial links and the pivot in Dutch investments in India in UN SDG-linked areas.

India’s Public Holidays in 2023: List of Gazetted and Restricted Holidays

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We note the official list of India’s public holidays in 2023. Learn about the best practices for managing public holidays at your business.

Maharashtra Revises Single-Use Plastic Ban: Items Now Allowed for Production and Use

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Maharashtra rolled back the state’s ban on single-use plastic items made of compostable material and specified packaging material.

Operational Guidelines for India’s Drone PLI Scheme: Target Segments, Disbursal of Incentives

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India wants to advance the use and production of drones in the country and has released operational guidelines to implement the sector-specific PLI Scheme.

Splitting Posts of Chairman and MD/CEO Now Voluntary: SEBI

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India’s securities regulator SEBI wants the top 500 listed companies to split the position of chairman and managing director but is making it voluntary due to low compliance.

Investing in India’s Education Market: FDI Policy, Regulation, and Taxation

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India encourages foreign investment in the education sector and tax relief is provided as education is considered a fundamental right and service.

India’s Retail Digital Rupee: Pilot Launch from December 1

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We discuss how the retail digital rupee works, its use in transactions, and note the RBI’s plan for pilot roll-out and participating banks.

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