The Indian government,while entering into BITs, needs to strike the right balance between safeguarding its own interest and reassuring foreign investors that they have adequate safeguards and protection under the said BITs.
Read MoreOn 1 July 2013, the Reserve Bank of India (RBI) disclosed that it had received 26 applications from private sector entities for licences to establish new banks. The applicants included prominent financial and industrial concerns such as Edelweiss, L&T Finance, Reliance Capital, Videocon Group and Tata Sons, although Tata Sons and the Videocon Group later withdrew their applications. After an initial screening of applications by the RBI,the applications were further scrutinized by the High Level Advisory Committe
Read MoreThe art of Yoga - which has both physical and spiritual dimensions - has been widely practiced in India since time immemorial, with an early treatise on the subject (Patanjali’s Yoga Sutras) reckoned to be written around 200 BCE. However, despite its ancient origins, even yoga and its derivative disciplines appears not to be immune from the subject matter of intellectual property litigation.
Read MoreAs part of its policy to tackle the growing incidence of non-performing assets (NPAs) in the Indian financial system, the Reserve Bank of India (RBI) issued a discussion paper on 17 December 2013 which aimed at putting in place a framework that includes incentives for the early recognition of “problem cases” and restructuring of viable accounts.
Read MoreForeign direct investment (FDI) in most sectors in India is governed by the Ministry of Commerce and Industry’s Department of Industrial Policy and Promotion (DIPP), which decides the extent of FDI in each such sector and related conditions. However, FDI in an insurance company is capped under the Insurance Act, 1938, and any change in the FDI cap would require the Insurance Act to be amended.
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