India


India's e-commerce chaos sparks calls for rewrite of regulations

India's e-commerce chaos sparks calls for rewrite of regulations

(ATF) Experts have called for a comprehensive rewrite of India's e-commerce laws – as new reports suggest that Amazon may not be playing by the rule book, and many Indian retailers allege that Amazon India and Walmart-owned Flipkart are harming their businesses by flouting local regulations.The goals, analysts say, should …

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China is India’s No1 trading partner again despite border fallout 

China is India’s No1 trading partner again despite border fallout 

China has re-established itself as India’s premier trading partner again only a few months after a deadly border dispute saw dozens die and trade deals blocked. New Delhi banned 220 Chinese tech apps following last June’s clashes which also left about 150 deals between the Asian rivals in limbo.But this …

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Electric vehicles yet to get the groove in India

Electric vehicles yet to get the groove in India

(ATF) Amid the post-pandemic manufacturing slump that has left the auto industry battling to revive its fortunes, two big announcements came as a shot in the arm for the electric vehicle market in India.The first was news this week that UK auto major Jaguar Land Rover will launch its all-electric …

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India focuses on health and infra for jobs, as trade share declines

India focuses on health and infra for jobs as trade declines

(ATF) From zero, India is turning to a hero of emerging markets in 2021 with its big-bang budget that boldly focuses on health and infrastructure spending as well as liberalization of the financial sector without resorting to its age-old recipe of higher duties and taxation.Equity investors cheered the move and …

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India offers tax incentives to draw aircraft leasing operations

India offers tax benefits to draw aircraft leasing operations

(ATF) India's budget for 2021 finally had good news for its battered aviation sector. In a bid to attract foreign aircraft lessors to set up shop in the country, the government on Monday rolled out tax incentives for companies that open operations at the International Financial Services Centre (IFSC) in …

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Indian apps seize opportunities as ByteDance India cuts staff

Indian apps seize opportunities as Bytedance India cut staff

(ATF) As Chinese internet giant ByteDance begins the process of laying off staff and scaling down its operation in India after it was banned last year, local app and online content developers are seizing the opportunity to make their presence felt.Indian app developers say the demand for local apps and …

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India to consider digital currency use

India to consider digital currency use

(ATF) India would like to be a digital economy powerhouse that embraces emerging technologies and uses them to boost economic activity. With that goal in mind, the Reserve Bank of India on Monday said it is exploring the possibility of a digital version of the rupee.The Reserve Bank (RBI) said …

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Tesla faces a long, bumpy road if it’s to avoid gridlock in India 

Tesla faces a long, bumpy road if it’s to avoid gridlock in India 

Tesla is gearing up for its India launch but the US electric car-maker is likely to remain a niche player there for years, catering only to the rich and affluent in the world's second-most populous nation.India's fledgling electric vehicle (EV) market accounted for only 5,000 out of a total 2.4 …

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Gas pains remain for India's long-term pipeline ambitions 

Gas pains remain for India's long-term pipeline ambitions 

(ATF) Indian Prime Minister Narendra Modi says his government wants to more than double the share of natural gas as part of the country's energy mix – to diversify its sources of energy, connect the nation with a gas pipeline grid and bring affordable fuel to people and industry.The pipeline …

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Fintech gets Covid tailwind 

Fintech gets Covid tailwind

(ATF) Regulatory challenges, the rise of bitcoin and accelerated digitalisation will mark the year ahead for fintech as legacy systems and manual processes will be under huge pressure to keep up and Covid-19 “fixes” and “workarounds” will be adapted as standard business processes.Fintech – technology used to support or enable …

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