29 February 2024View in Browser
 
 

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

 
 

INDIA EDITION

 
 
 

TOP STORIES THIS WEEK:

 
 
 
India Notifies ‘Lesser Penalty’ Regime under the Competition Act
 
Notified on February 20, the Competition Commission of India (Lesser Penalty) Regulations, 2024 will incentivize companies and individuals under investigation for cartelisation to report other cartels to reduce their own...
 
 
 
How India Gains from the UAE's Removal from the FATF's Grey List
 
As the UAE becomes a more important source of foreign direct investment (FDI) into India, its status as an FATF-compliant jurisdiction will strengthen capital flows and reduce need for heightened bank scrutiny.
 
 
 
100% FDI Now Allowed in India’s Space Sector: Key Details
 
Under India’s updated policy, foreign direct investment (FDI) up to 100 percent via the automatic route will be permitted for the manufacturing of components, systems, or sub-systems associated with satellites, ground...
 
 
 
Import and Export Procedures in India
 
As India seeks to boost two-way trade, we discuss the import and export procedures, including updates under the Foreign Trade Policy 2023.
 
 
 
India and Oman Reportedly Close to Signing a Free Trade Deal
 
Key concerns in the India-Oman FTA have been settled and the final legal review of the document is underway. Once completed, the decision to announce the agreement will be made by the top leadership.
 
 
 

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COMPLIMENTARY BUSINESS RESOURCES:

 
 
Investing in India’s Green Economy
 
 
Investing in India’s Green Economy
 
Economic growth hinges on equitable resource distribution and the adoption of emerging technologies, such as renewables, electric vehicles, and resource-efficient buildings. In response to escalating concerns about...
 
 
 
 
Expert Videos by Dezan Shira's Advisory Teams
 
Discover the power of expertise and gain valuable insights from industry leaders through a collection of expert videos.
 
 
 
An Introduction to Doing Business in India 2024
 
This guide highlights the country's robust economic growth, with a projected third-largest global economy status by 2030. Despite global challenges, India's stable political environment and business-friendly policies...
 
 
 

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UPCOMING EVENTS FOR ASIA:

 
 
 
India’s Manufacturing Landscape in 2024: Key Sectors, Challenges, Competitiveness, and Schemes
 
Wednesday, March 13, 2024 | 2:30 PM India Time / 4:00 PM Vietnam Time / 5:00 PM China Time
 
 
 
India’s Manufacturing Landscape in 2024: Key Sectors, Challenges, Competitiveness, and Schemes - US Time Zone
 
Webinar | Thursday, March 14, 2024 | 9:00 AM Los Angeles / 12:00 PM New York
 
 
 
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