Government Of India Economic Survey 2022-23
The Government of India released its annual Economic Survey for the financial year 2022-23 on 31st January 2023. Compiling some of the highlights mentioned in the Economic Survey 2022-23 as presented by the Press Information Bureau of the Government of India.
The impact of Foreign Trade & Investment – Is it great for India?
Foreign Trade and Investment
Make In India – 3 important schemes and benefits
An overview of Government of India’s Make in India initiative
India – Australia Free Trade Agreement – A boon for the bilateral trade relations
The India-Australia Free Trade Agreement (FTA) came into effect Thursday, 29th December 2022. The agreement is officially called the Economic Cooperation and Trade Agreement (ECTA). The ECTA between India and Australia will bring the respective countries closer in economic and political terms and provide increased opportunities for companies in both countries.
Is SEBI changing liabilities of Independent Directors?
SEBI penalizes Independent Directors for executive decisions!
In times when the availability of qualified independent directors is limited, such news may lead to individuals choosing not to take up such directorships leading to structural board issues in companies. Will SEBI change liabilities of Independent Directors?
Global Growth and GDP
The world is going through turmoil due to geopolitical developments and the effects of COVID-19. This has affected inflation, interest rates, employment and economic growth. And 2023 appears to be a year where global growth will come down further. This is not good news. What should Corporates and Government’s do to cope up or survive this?
Indian Economy – Foreign Exchange Rates
The appreciation of the USD is bad news for developing and developed countries, it is very clear that the world is going through economic hardships and this will continue well into next year. There are no easy solutions to the problem and it may take years for global economic growth to stabilize and return to normalcy.
Latest Amendments to the IT Act on Digitalization in India
Impact of the Latest Amendments to the Information Technology Act on Digitalization in India The Ministry of Electronics and Information Technology has recently taken a significant stride towards bolstering the efforts for digitalization of transactions in India by amending the First Schedule of the Information Technology Act, 2000 (“IT Act”). The First Schedule of the […]
Enhanced External Commercial Borrowings (ECB) Policy – Liberalisation Measures
The Reserve Bank of India (RBI) had vide Press Release dated July 6, 2022, mentioned that, it has been decided to undertake measures listed to enhance forex inflows while ensuring overall macroeconomic and financial stability. The RBI had further stated in the same press release that it has been decided to temporarily increase the limit under the automatic route from US$ 750 million.
Increase in Interest Rates – Implications for Indian Consumers, Businessmen and Investors
Inflation and interest rates are two sides of the same coin. When the inflation rate increases, interest rates also rise and vice-versa. This has resulted in an increase in interest rates by central banks. What are the implications for Indian consumers, businessmen and investors?
