The traded basket of commodities between China and India is slowly but surely changing. Until November last year, soda ash otherwise known as washing soda or soda carbonate was exported from China to India. China being the largest manufacturer of soda ash, was the...
French supermarket giant Carrefour, the world’s second largest retailer will soon open their first wholesale store in India, without a local partner. Permission to start Carrefours’ first store, comes after eight years of lobbying with New Delhi to permit...
As increased investments flow into China, the State Administration of Industry and Commerce (SAIC) issued a notice to channel foreign funds more efficiency. While the entire notice can be viewed here, below are the highlights the notice covers – The SAIC notice...
In accordance with the World Health Organization’s Framework Convention on Tobacco Control to which China is a signatory, the country will ban smoking in all indoor public spaces by 2011. India banned smoking in all public spaces on October 2, 2008 and last...
Transporting goods across Indian state lines will now be much easier with a unified national permit effective from May 1, 2010. In creating a seamless pan-India market, the new permit aims to give a further impetus to the goods and services tax or GST which will be...
In order to regulate hot money from entering India and increase the transparency of foreign funds the Department of Industrial Policy and Promotion (DIPP) has issued a new rule. Henceforth, while investing in India, individual FII’s will have...
