Non-life insurance sector to log negative growth in FY21

The non-life insurance industry is expected to log negative growth this financial year (FY21) due to Covid-19 pandemic, according to a top official of Cholamandalam MS General Insurance Company, here on Tuesday.

India Bans TikTok and 58 Other Chinese Apps from Their Domestic Market. Is it a Big Deal?

How to read the decision made by the Indian government to ban 59 Chinese Apps, including TikTok.

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Pharma sector seeks clearance of imported APIs, medical devices

The strict customs scrutiny and non-clearance of imports from China has now hit the pharmaceutical sector -- the lifeline amid the pandemic -- making industry representatives to reach out to the government and seek urgent clearance of the goods at ports and airports.

Aluminium industry seeks duty remission to compete with Chinese producers

India's aluminium industry has made a strong case for implementation of RoDTEP Scheme (Remission of Duties or Taxes on Export Products) for the sector to make India's aluminium exports competitive and create a level playing field for Indian exporters vis-a-vis global players in international markets.

India Throws Cat Among US & UK Hawks by Joining Military Parade with Chinese Soldiers in Moscow’s Red Square

Op-ed by Chris Devonshire-Ellis India’s military and government have thrown a gauntlet down to the United States in parading soldiers on Red Square yesterday, being the delayed Victory Parade concerning the defeat of Nazi Germany and the end of WWII in 1945. This year is the 75th anniversary of that occasion. At the time, India[.....]

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Cotton Industry body retains crop estimate at 330 lakh bales

The industry body, Cotton Association of India (CAI) has retained its crop estimate for 2019-20 at 330 lakh bales of 170 kg each, the same level as estimated by it in the previous month. CAI released its May estimate of the cotton crop for the season 2019-20 (October-September) on Thursday.

The Fitness Industry in India: Investment Outlook After COVID-19

We discuss major growth drivers and new trends that are reshaping the emergent fitness industry in India, focusing on the services segment and its shift to online platforms.

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Hilton sets new cleanliness standard for its properties

Global hospitality major Hilton on Tuesday announced a worldwide roll-out of a new programme to deliver an industry-defining standard of cleanliness and disinfection to its properties.

India’s PPE Industry: How COVID-19 Demonstrated Untapped Local Production Capacity

India's rapid scaling up of PPE production demonstrates the country’s manufacturing capacity and how it has the resources to match sudden demand spikes.

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How India Plans to Recover its Economy After Lockdown and What it Still Needs to Do

What India is doing to help its economy recover from the COVID-19 induced crisis and attract prospective foreign investors.

The post How India Plans to Recover its Economy After Lockdown and What it Still Needs to Do appeared first on India Briefing News.

New Microsoft programme to empower agritech startups in India

Microsoft on Wednesday launched a new programme to help agritech startups in India build industry-specific solutions, scale and grow with access to deep technology, business and marketing resources.

Uday Kotak takes over as CII President

Uday Kotak, Managing Director & CEO of Kotak Mahindra Bank, has taken over as the new President of the Confederation of Indian Industry (CII).

PLI scheme a 'game changer' for mobile manufacturing: ICEA

Calling the production-linked incentive scheme a "game changer", industry body India Cellular and Electronics Association on Tuesday said that the scheme will help boost growth in mobile phone manufacturing in India as well as meet exports targets assigned under the National Policy on Electronics (NPE 2019).

An Introduction to Doing Business in India 2020 – New Publication from Dezan Shira & Associates

An Introduction to Doing Business in India 2020 is available as a free download on the Asia Briefing Bookstore.

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India Proposes Scrutiny of New Portfolio Investors from China, Hong Kong

India is planning stricter checks on foreign portfolio investors from China and Hong Kong as the government is concerned about their influence on local firms.

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CII asks companies to comply with competition law amid Covid crisis

As businesses and enterprises face a severe crisis amid the coronavirus pandemic, industry body CII has cautioned that although tough times may prompt companies to collaborate with their competitors, they must take decisions and operate as per the anti-trust law and the Competition Act of 2002.

Muted growth for Indian general insurers: Care Ratings

Indian general insurance industry is expected to witness muted growth during the first quarter of the current fiscal due to Covid-19 lockdown, credit rating agency Care Ratings said on Friday.

Investing in India’s Online Gaming Sector: Market Profile, Growth Drivers

India’s online gaming industry has seen a jump in its user base during the COVID-19 lockdown, which will amplify other market growth drivers to boost investment in the sector.

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India’s Lockdown 4.0: We Answer FAQs Based on New Guidelines

India's nationwide lockdown is extended again, from May 18 to May 31. We discuss the new relaxations and restrictions under 'Lockdown 4.0'.

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Indian hotel industry dips 18.5% in RevPAR in Q1 2020: Report

The Indian hotel industry has declined by 18.5 per cent in revenue per available room (RevPAR) in the first quarter of 2020, says a report.