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Taxonomy: Implementing Jurisdiction - India


India: Loan to Vietnam to finance hydropower projects with the condition to source imports from India

Measure #5893 | Published 30 Jan 2014 | Inception 27 Dec 2013 ▲

Description

On 11 July 2013, the Government of India agreed to provide a loan of USD 19.5 million to the Government of Vietnam for financing machinery, equipment, goods and services for the Nam Trai-V hydropower project and Binh Bo pumping station.

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India: Increase in import duties of refined edible oils

Measure #5872 | Published 26 Jan 2014 | Inception 20 Jan 2014 ▲

Description

On 9 January 2014, the Cabinet Committee on Economic Affairs India approved the increase in the customs duty applicable on the import of refined edible oil of vegetable origin. The duty has been increased from 7.5% to 10%.  

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India: Issue of shares under the FDI scheme permitted

Measure #5850 | Published 22 Jan 2014 | Inception 30 Jun 2011 ▲

Description

On 30 June 2011, the Reserve Bank of India permitted the issue of equity/preference shares under the Government route of the FDI scheme for certain categories of transactions.  

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India: Restrictions reduced for foreign owned NBFCs to set up subsidiaries

Measure #5848 | Published 22 Jan 2014 | Inception 3 Oct 2012 ▲

Description

On 3 October 2012, the Department for Industrial Policy and Promotion (DIPP) India issued a notification amending the foreign direct investment policy for foreign owned Non-Bank Financial Companies (NBFCs).

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India: Reduced restrictions on overseas investments in the oil sector by certain public enterprises

Measure #5847 | Published 22 Jan 2014 | Inception 23 Apr 2013 ▲

Description

On 23 April 2013, the Reserve Bank of India (RBI) issued a notification amending the restrictions on overseas investments in the oil sector (for exploration and drilling for oil and natural gas, etc.) by Navratna Public Sector Undertakings (PSUs),

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India: Insurance companies allowed to open offices abroad

Measure #5844 | Published 21 Jan 2014 | Inception 23 May 2013 ▲

Description

On 23 May 2013, the Insurance Regulatory and Development Authority (IRDA) India allowed Indian insurance companies to own insurance companies (including branch offices) abroad.  

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India: Export incentives for Ford India Pvt. Ltd.

Measure #5838 | Published 21 Jan 2014 | Inception 21 Jan 2014 ▲

Description

 On 21 January 2014, the Ennore Port Limited Ltd (EPL) and Ford India Pvt.

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India: Stock limits on edible oil, oil seeds and rice meant for exports removed

Measure #5829 | Published 17 Jan 2014 | Inception 9 Jan 2014 ▲

Description

On 9 January 2014, the Department of Consumer Affairs, India issued "Removal of (Licensing requirements, Stock limits and Movement Restrictions) on Specified Foodstuffs Order, 2002" thereby exempting stocks of edible oil, oil seeds

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India: Exit option in FDI investments by non-residents liberalised

Measure #5828 | Published 17 Jan 2014 | Inception 9 Jan 2014 ▲

Description

On 9 January 2014, the Reserve Bank of India (RBI) amended the regulations for issue or transfer of a security by a person resident outside India.

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India: Restrictions on the establishment of project, branch, or liaison offices for service providers

Measure #5827 | Published 17 Jan 2014 | Inception 12 Nov 2013 ▲

Description

On 12 November 2013, the Reserve Bank of India (RBI) amended a regulation concerning the establishment of a branch, liaison or project office in India by foreign service providers stemming from specific countries. In general, citizens of all

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