Business, Legal, Tax, Investment, Accounting News | India Briefing
India Briefing publishes business news and guides concerning foreign direct investment into India, including the most important tax, legal and accounting issues
India's Trade Performance in FY 2023-24 - India Briefing
May 14, 2024 · India has released its latest trade data, forecasting that export figures will sustain the peak achieved in the previous year, reaching an estimated US$776.68 billion in the fiscal year (FY) 2023–24, slightly surpassing the US$776.40 billion recorded in the preceding fiscal year.
India’s Economy in 2023: A Year-End Review - India Briefing
Dec 15, 2023 · A Reuters’ report notes that India is now reaching the pivotal phase of the S-curve, characterized by a significant acceleration in urbanization, industrialization, household incomes, and energy consumption. This phase typically spans several decades, marked by rapid growth in these key factors. Boasting a GDP of US$3.75 trillion, India …
India’s Economy at a Glance: Trends and Outlook for 2023 - India …
Jan 24, 2023 · India defied global trends in 2022 to witness record M&A activity and remains among the fastest growing economies in the world. Despite economic headwinds due to geopolitical factors and a global consumption slowdown, the World Bank revised its 2022-23 GDP forecast for India upwards to 6.9 percent from 6.5 percent (in October 2022).
India's New Labor Codes: Key Insights for Foreign Firms
2 days ago · The long-awaited implementation of India’s four new labor codes, passed by the Indian Parliament between 2019 and 2020, is nearing reality. As per media reports, currently, 25 of the country’s 28 states have finalized their draft rules under these laws.
India, UK FTA Negotiations: Status Updates - India Briefing
Mar 9, 2024 · Shifting deadlines: India hopes to conclude talks by January. As multiple goal posts pass us by, Indian officials are reportedly hoping for a January resolution to the FTA talks as the country goes into general elections April-May 2024. However, at this stage, there can be no assurances as multiple media reports indicate continued differences on core sensitive issues.
GST Council’s 53rd Meeting: Key Recommendations - India Briefing
Jun 26, 2024 · The 53rd GST Council meeting was chaired by Union Finance Minister Nirmala Sitharaman, in New Delhi, with the attendance of the Union Minister of State for Finance, Chief Ministers of Goa and Meghalaya, Deputy Chief Ministers of Bihar, Haryana, Madhya Pradesh, and Odisha, as well as finance ministers of various states and senior officers.
India's Fintech Sector Attracts US$778 Mn in Funding in Q3 2024
Oct 17, 2024 · India’s fintech sector witnessed substantial growth in Q3 of 2024, securing US$778 million in funding—a 66 percent increase compared to Q3 2023 (US$471 million) and a 165 percent surge from Q2 2024. The recent growth of the fintech sector has placed India second only to the United States in ...
India-EU FTA Negotiations Resume on June 27 - India Briefing
Jun 28, 2022 · India and the European Union (EU) restarted their free trade agreement (FTA) talks on Monday, after an almost nine-year gap.The first round of negotiations is taking place in New Delhi between June 27 and July 1, 2022. EU is India’s second largest trade partner
India-Australia ECTA Will Boost Trade and Investment: Here's How
Jan 12, 2023 · On December 29, 2022, the India-Australia Economic Cooperation and Trade Agreement (ECTA), which was signed on April 2, 2022, entered into force.Over the next five years, it is anticipated that the India-Australia ECTA, which aims to improve trade and investment opportunities between the two nations, will propel bilateral trade to US$50 billion Australia trade to cross US$45-50 billion from ...