Category: Law Firms in India
India Recovers Slightly in Global Competitiveness Rankings
India climbed five places to reach rank 58 in the Global Competitive Index recovering from the huge dip last year, after stellar performances in 2015 and 2016. India’s economic growth forecast by the IMF remained slightly lower […]
India’s High Trade Potential in South Asia
The World Bank released a report with startling study on how limited transport connectivity, onerous logistics and regulatory impediments, and lack of trust, it costs more to trade within South Asia than between South Asia and world’s […]
India’s Growth Forecast High Amidst Dollar Woes
India’s economic growth forecast remained stable with Moody’s predicting growth of 7.5%. This was close to the forecast of 7.6% by Reuters. The Government is aiming for further jump in India’s ranking in the World Bank’s Ease […]
India World’s Sixth Largest Economy
India became the world’s sixth largest economy recently. However, its economic outlook forecast was marginally reduced. In its continued effort to improve ease of doing business, India announced results of States and Union Territories’ performance in Ease […]
India’s Economic Growth Scores Highest in World Bank Report
India’s economic growth prospects received a major boost from the World Bank and the Government of India reports. The Government also simplified the reporting of the foreign investment by Indian entities. The Government’s increasing focus on intellectual […]
India Attracts Largest E-Commerce Deal
India’s potential for high growth in retail came to the forefront with the acquisition of its biggest homegrown online retail company. The high economic growth prospects were reaffirmed by the IMF. There will be a new system […]
India receives high economic growth forecasts
The global discussions around India’s economic growth continue to gather focus as we enter into the fifth and final fiscal year for the current Government. There was mixed response from various international agencies, which we have captured […]
India virtually closes the door to entry of foreign law firms
The much awaited verdict of the Supreme Court of India was pronounced recently which virtually closed the door for entry of foreign law firms. The Government has drafted an updated defence policy which seeks to increase foreign […]
Global Corruption Index Dampens India’s Governance
The Central Government’s financial budget was announced wherein some foreign investment related policies were mentioned. There were changes proposed for foreign portfolio investors. The Indian Prime Minister declared India to be one of most open economies in […]
Asia Law Firm Management Congress set for Mumbai, April 12, 2018
The second annual Asia Law Firm Management Congress (ALFMC) will take place April 12, 2018 at The St. Regis Hotel in Mumbai, India. Following up on a successful inaugural event last year where over 70 lawyers and management professionals from law firms across […]
Sweeping Changes to India’s FDI Policy
2018 began with a bang for foreign investors as India made multi-fold changes to its FDI Policy. The IMF also forecast India would become the fastest growing economy in 2018 and 2019. The Bar Council of India […]
India’s Indigenous Progress
As 2017 draws to a close, the Indian Government’s initiatives on ‘Make in India’ seems to have made significant progress in one industry. The labour law reforms undertaken by the Government in the last three years have […]
India’s All-round Improvement & Crowning Glory
There were landmark achievements by India this month. The most prominent being the phenomenal jump in its World Bank Ease of Doing Business Rankings. India’s credit rating improved. Internally, the GST rates of a large number of […]
Will India Move Up in the World Bank Rankings?
The Government of India continues to take steps to improve ease of doing business in India. Various reports have been published by the media recently reflecting an expected improvement in the World Bank’s ranking for India, due […]
India: FDI Policy Boosts Start-ups
India’s consolidated foreign direct investment policy was finally issued recently. The real estate sector is attracting significant foreign investment. Following up on last month’s activities, there was a further development relating to entry of foreign law firms […]
Indian legal startup Lawyered.in: Helping people find lawyers in Asia’s 3rd largest economy
As the world’s sixth largest economy and Asia’s third largest economy, India represents a significant opportunity for any legal services sector entrepreneur. In Asia Law Portal’s continuing coverage of the Asia-Pacific region’s NewLaw and legal startup economy, […]
Indian Prime Minister Pushes For Entry of Foreign Law Firms
The activities relating to entry of foreign law firms in India gathered pace this month as the Government actively took initiatives. The biggest impetus to keep the momentum going was the Prime Minister’s views and directives to […]
Chief Justice of India Inclined Toward Entry of Foreign Law Firms
India’s fast track regime for FDI approvals has become a reality now with the publication of the standard operating procedures in this regard. An additional condition has been proposed in Mauritius which will add to the compliance […]