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FDI in single brand retail

FDI in single brand retail Union government has decided to allow 100 per cent Foreign Direct Investment (FDI) in single-brand retail trading through the automatic route. Single-brand retail chain is expected to sell all its products under only one label across its store, example Burger King, KFC, Levis. If an MNC operates a single-brand retail chain, the product must also be sold under the same brand name globally. The MNC must also source 30 per cent of its purchases for the business from

Why Moody’s downgraded India’s rating, what the implications may be ?

Why Moody’s downgraded India’s rating, what the implications may be ? On Monday, Moody’s Investors Service (“Moody’s”) downgraded the Government of India’s foreign-currency and local-currency long-term issuer ratings to “Baa3” from “Baa2”. It stated that the outlook remained “negative”. The latest downgrade reduces India to the lowest investment grade of ratings and brings Moody’s — which is hist

Can India decouple itself from Chinese manufacturing?

Can India decouple itself from Chinese manufacturing? By, Amitendu Palit, is Professor at the Institute of South Asian Studies, National University of Singapore; Biswajit Dhar is Professor at the Centre for Economic Studies and Planning, Jawaharlal Nehru University Context # The border clashes with China and the COVID-19 pandemic have reignited questions about India’s dependence on Chinese manufacturing. # India’s imports from China (2nd after USA) in 2019-2020 reached $

The COVID-19 fiscal response and India’s standing

The COVID-19 fiscal response and India’s standing Context: - The article analyzes the COVID-19 fiscal response in other developing countries and evaluates India’s fiscal response. - The article utilizes data from the International Monetary Fund Policy Tracker, the COVID-19 Economic Stimulus Index (CESI) of Ceyhun Elgin at Columbia University, and the World Bank to understand the COVID-19 fiscal response of different countries. Fiscal response in developing countries: C

New FDI rules, 2020

New FDI rules, 2020 The Government of India has made its approval for Foreign Direct Investment (FDI) by neighbouring countries mandatory. This revised FDI policy aims to curb opportunistic takeovers/acquisitions of Indian companies due to the current Covid-19 pandemic. Important points: FDI is allowed under two modes - either through the automatic route, for which companies don't need government approval, or through the government route, for which companies need a go-ahea

India’s no to RCEP could still be a no

India’s no to RCEP could still be a no Context Last week, 15 East Asian countries agreed to take their economic integration several notches higher by forging the Regional Comprehensive Economic Partnership (RCEP), the largest free trade agreement (FTA) ever. In 2019, RCEP members accounted for about 30% of world output and population and 28% of world trade. But more importantly, about 44% of their total trade was intra-RCEP, which is a major incentive for the members of this

Impacts of Globalisation on India

Impacts of Globalisation on India Context The External Affairs Minister S. Jaishankar believes that the economic growth that has accrued from globalisation is not a good enough outcome for India. MEAs views on impact of globalisation on India An “honest” self-assessment of this trade and economic performance is necessary to show what costs India has paid for its economic success: That if globalisation, especially trade, is assessed in the broader context of its o

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