30 October 2023 | Corporate The Ministry of Corporate Affairs (MCA) in India has driven significant reforms in the corporate landscape. Recent changes to the Companies Act of 2013 allow certain Indian public companies to directly list specific securities on foreign stock exchanges, such as Gift City in Gujarat. These changes stem from 2020 amendments […]
13 October 2023 | Import/Export By means of Public Notice No. 34/2023, dated October 13, 2023, the Directorate General of Foreign Trade (DGFT) has proposed a noteworthy amendment to Paragraph 4.10 (i) of the Handbook of Procedures, 2023. With this amendment, materials covered by the Advance Authorization Scheme that require GST payments are permitted to
17 October 2023 | Foreign Trade The World Trade Organization (WTO) is concerned about India’s plan to impose an import management system for laptops, tablets, and personal computers beginning November 1, 2023. India moved away from “licences” and toward a less restrictive framework. Although it is happy with the delay, the United States is worried
16 October 2023 | Defence The India-UK ‘2+2′ dialogue examined cooperation in the areas of energy, trade, investment, defence, critical technologies, civil aviation, and healthcare. It also talked about international developments, especially in the Indo-Pacific region, and anti-terrorism initiatives. The discussion precedes a possible visit by British Prime Minister Rishi Sunak and is a component
India and UK Conduct Inaugural ‘2+2’ Foreign and Defence Dialogue Read More »
18 October 2023 | Import/Export There have been important changes pertaining to imports, as advised by the Food Safety and Standards Authority of India (FSSAI). The Customs Department is no longer required to obtain FSSAI clearances for specific imported food ingredients and products when using FSSAI, according to recent changes. Previously, food consignments meant for
Ease of Doing Business: FSSAI Waives Clearance for Re-exported Food Imports Read More »
Written by Air Marshal Naresh Verma and Shamila Jibin Diplomatic relations between India and Turkey, which took root in 1948, have undeniably weathered various storms and flourished through the years. While their cooperation has spanned multiple sectors, recent challenges, particularly concerning the Armenia-Azerbaijan conflict, have cast a shadow over their relations. Nevertheless, this relationship remains
India and Turkey: Navigating Complexity in a Dynamic Partnership Read More »
Written by CA Somya Satsangi and Shamila Jibin India’s commitment to regulatory governance has recently come under scrutiny, particularly due to persistent delays in establishing a quorum within its prominent competition authority, the Competition Commission of India (CCI). This issue has been further exacerbated by recent events that have raised doubts about the CCI’s status
India’s Antitrust Regulator Struggles with Ongoing Quorum Dilemmas Read More »
Written by Major General Sanjeev Jain and Reshma A R India has had a fair share of data privacy issues for quite some time, and the absence of a comprehensive data protection regime has made the country a ground for various privacy breaches and cyberattacks. These challenges have exposed the vulnerabilities within India’s digital ecosystem
Written by Dr. V. P Agrawal and Shamila Jibin The European Union has been proactive in addressing climate change and trade, with four key regulations introduced within the first seven months of this year. These regulations encompass CBAM, deforestation control, the inclusion of shipping in the EU’s emissions trading system, and the regulation of foreign
Navigating the Green Path: Carbon Credit Schemes in India Read More »
Written by Shani A R (NUALS). Introduction In the 21st century, we are immersed in a continuous wave of technological advancements and has become a vital part of our lives. It’s difficult to conceive of a world without technological developments. Electronic equipment such as laptops and tablets is a significant part of this technological evolution.
Tech Shockwaves: India’s IT Import Restrictions Rattle Global Trade Read More »