Dec 31, 2024 · In 2024, India continued with economic expansion, ensuring its status as an emerging global economic powerhouse. With a 6.6 percent gross domestic product (GDP) growth rate, the country retained its position as the world’s fifth-largest economy, steadily narrowing the gap with Germany, which ranks fourth at present.

Oct 30, 2024 · During Prime Minister Narendra Modi’s visit to the UAE on February 13-14, 2024, both nations signed a new Bilateral Investment Treaty (BIT), along with several agreements, including a Memorandum of Understanding (MoU) for digital infrastructure projects and agreements linking payment platforms—specifically, India’s UPI with UAE’s AANE and India’s …

Nov 7, 2024 · The 2025 public holiday calendar in India includes Gazetted and Restricted holidays. Companies should consult the holiday schedule specific to their State or Union Territory, keeping in mind regional festivals, bank holidays, and other observances that may impact regular business operations.

Oct 3, 2024 · The Kaynes Semicon unit at Sanand will have the capacity to produce 6 million chips per day that will cater to applications across a wide variety of industries, including automotive, electric vehicles, consumer electronics, telecom, and mobile phones.; On September 2, Monday, India’s Union Cabinet approved a proposal by Kaynes Semicon to set up a …

Dec 17, 2024 · Starting January 1, 2025, Switzerland will suspend the Most Favored Nation (MFN) treatment for India under their 30-year-old Double Taxation Avoidance Agreement (DTAA), a decision that may complicate international taxation strategies for multinational firms.

Dec 20, 2024 · Compliance changes under India’s Goods and Services Tax (GST) regime in 2025 include mandatory multi-factory authentication (MFA) for GST portal access and restrictions on E-Way Bill (EWB) generation to curb fraudulent practices.

Nov 18, 2024 · Apple and its suppliers aim to reach 32 percent of global iPhone manufacturing and 26 percent of their production value in India by 2026-27. We examine the implications for future foreign investment opportunities as India advances its electronics supply chain and aims for greater integration into global value chains.

Sep 19, 2024 · Over the past three decades, the India-ASEAN partnership has expanded, with seven ministerial meetings and various official-level interactions. India’s participation in ASEAN meetings since 1992 has helped develop several action plans, the latest of which was adopted in 2020, emphasizing political, security, and economic cooperation.

In July 2023, SEBI added new ESG metrics for mandatory disclosure under ‘BRSR Core’ for certain listed companies in India. The Business Responsibility and Sustainability Report (BRSR) format was initially introduced in May 2021 and replaced …

Jan 3, 2025 · India’s central government announced its decision to grant small pharmaceutical companies an additional year—until December 31, 2025—to meet Good Manufacturing Practice (GMP) standards aligned with those of the World Health Organization (WHO).