As Indian companies expand overseas, a more fractious global geopolitical environment is exposing them to a wider web of sanctions, trade restrictions, data rules and regulatory regimes, making legal advice an increasingly key part of managing cross-border risk.
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The government plans to extend the Remission of Duties and Taxes on Exported Products scheme to support exporters. This initiative aims to provide refunds for various embedded taxes, which could otherwise raise costs for Indian goods abroad. The commerce ministry…
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OpenAI announced new AI agents named Dots that assist users by completing tasks proactively. CEO Sam Altman highlighted the importance of safety and security in AI development during his keynote. The company decided to halt the rollout of an advanced…
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Air India is currently looking to secure ₹10,000 crore in fresh loans for various operational needs. Some lenders are hesitant to provide credit due to uncertain cash flow visibility and risks. The Tata Group-backed airline reported a significant increase in…
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Foreign Secretary Vikram Misri met a US Congressional delegation led by Brian Mast in New Delhi. Misri conveyed concerns regarding the implications of the Sanctioning Russia and Iran Act on bilateral relations. The Act permits high tariffs on countries purchasing…
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The panel has also recommended an annual review of the WMA corpus capping annual upward revision at 4%. The extent of upward revision could be based on the last three years of accounts while there would be no reduction in…
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