18 October 2023View in Browser
 
 

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

 
 

INDIA EDITION

 
 
 

TOP STORIES THIS WEEK:

 
 
 
A Guide to Minimum Wages in India
 
Foreign businesses in India can have a challenging time comprehending and calculating the minimum wage as they differ in every state, and are categorized under multiple criteria, such as region...
 
 
 
India Simplifies GST Refund of Exports Remittances in Special Rupee Vostro Accounts
 
India-based exporters will gain from the GST Council’s clear guidance on Special Rupee Vostro Accounts (SRVA) remittances, easing GST refund procedures in Special Economic Zones (SEZs). The ability...
 
 
 
Manufacturing Consumer Durables in India: Changes to the White Goods PLI Scheme
 
India has made changes to the White Goods PLI Scheme, which aims to increase local production of consumer durables like ACs and LEDs. Now selected companies must provide a certification from a...
 
 
 
Understanding the Global Biofuel Alliance and India’s Role Within It
 
Several G20 nations, led by India, Brazil, and the US, along with 12 international organizations, spearhead the Global Biofuel Alliance for technology investment, expert collaboration, and global...
 
 
 
Sudan’s Iranian Rapprochement Gives Control Of the Red Sea to BRICS
 
It’s been little noticed in the media, but the recent statement by the governments of Iran and Sudan that they are to reestablish diplomatic relations after seven years of divorce has effectively...
 
 
 
World Bank Report: Understanding Russia’s Oil Export Trade Flows
 
The World Bank has issued its World Economic Outlook October 2023 report, titled ‘Navigating Global Divergencies’. Chapter 3, titled “Fragmentation & Commodities Markets: Vulnerabilities and Risks”...
 
 
 

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COMPLIMENTARY INDIA DOWNLOADS & RECENT RELEVANT ARTICLES:

 
 
An Introduction to Doing Business in India 2023
 
 
An Introduction to Doing Business in India 2023
 
This publication is designed to introduce the fundamentals of investing in the Indian market and includes a guide to corporate establishment...
 
 
 
 
Important Financial Changes in India Effective from October 2023: Impact on Businesses
 
 
 
India’s Trade and Development with BRICS: Analysis and Opportunities
 
 
 
JPMorgan Includes India in Emerging Market Debt Index, Paves Way for Billions in Investments
 
 
 
India Market Entry Strategy for International Retailers
 
 
 
Selling to the Indian Market
 
 
 
The Proposed India-Middle East Corridor Is Set to Reshape Eurasian Connectivity, but Challenges Will Persist
 
 
 

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UPCOMING EVENTS FOR ASIA:

 
 
 
Exploring India's Export Competitiveness: Opportunities for Global Investors
 
Webinar | Wednesday, October 18, 2023 | 2:30 PM India Time / 4:00 PM Vietnam Time / 5:00 PM China Time
 
 
 
 
Eureka 2023
 
Start-up Festival | Wednesday, October 25, 2023 | IIT Bombay
 
 
 
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