by OverviewFX | Apr 8, 2025 | Industry
Representative ImageIndia is setting up an import monitoring group for certain products including consumer goods to check diversion from countries which face US reciprocal tariffs that are higher than on India, such as China and Vietnam.”There are some products...
by OverviewFX | Apr 8, 2025 | Industry
The government has clarified that an Indian company engaged in a sector where FDI is prohibited can issue bonus shares to its pre-existing foreign shareholders, provided there is no change in the shareholding pattern. The issuance of bonus shares must comply with the...
by OverviewFX | Apr 7, 2025 | Industry
The Indian government is unlikely to relax investment checks on Chinese companies even as calls grow louder for a review of foreign direct investment (FDI) rules, ToI reported. Authorities remain cautious about capital flows from across the border, especially as US...
by OverviewFX | Apr 7, 2025 | Industry
New Delhi, The commerce ministry is stepping up efforts to help exporters explore new markets to push outbound shipments while also setting up a working group to monitor possible surge in imports from countries like China to tackle the impact of sweeping tariffs...
by OverviewFX | Apr 7, 2025 | Industry
Integrated fund and development management platform Welspun One Logistics Parks has secured funds worth ₹2,300 crore from National Bank for Financing Infrastructure and Development (NaBFID) for its logistics park project at Jawaharlal Nehru Port Authority (JNPA) in...
by OverviewFX | Apr 4, 2025 | Industry
Is it 27% or 26%—what’s the reciprocal tariff announced by US President Donald Trump on India? It appears that India will face a 26% tariff, not 27% as initially published in the White House annexure. This revision was made in the latest annex document released by the...