India’s tea industry is facing challenges that require policy liberalization to stimulate growth and reach its full potential. By addressing supply-side restrictions and boosting demand, the industry can flourish. Despite being the second-largest tea producer globally, with an annual tea production of over 1.3 million tonnes and the third-largest exporter earning $1 billion per year, India’s per capita tea consumption is among the world’s lowest at approximately 800gm per year.   A Brief History and […]

Introduction: If you are planning to sell a property in India, it is essential to understand the tax implications involved. This article addresses common questions related to taxation on property sales, including long-term capital gains (LTCG), short-term capital gains (STCG), deductions, and tax-saving options.   Determining Capital Gain/Loss: As per Indian tax laws, the holding period of an immovable property is crucial in determining whether it qualifies as a long-term or short-term capital asset. If […]

Introduction: Foreign portfolio investors (FPIs) have recently withdrawn approximately ₹4,800 crore from Indian equities in the first half of September. This trend is attributed to the rise in US bond yields, a stronger dollar, and growing concerns over global economic growth. Despite consistent influxes of ₹1.74 trillion from March to August, FPIs are now showing signs of selling due to record-high market levels and elevated valuations, as highlighted by V. K. Vijayakumar, the chief investment […]

Introduction: An Indian entrepreneur’s groundbreaking startup has attracted global investor attention by pioneering a revolutionary way for consumers to book services using advanced conversational artificial intelligence (AI) software. Anuj Gupta’s GreenVan offers a simple WhatsApp interface and aims to transform the online booking process for essential tasks, positioning itself as the “Amazon of Services.” This innovative concept was inspired by Gupta’s personal experience of the laborious process of finding reliable tradespeople when he relocated from […]

Introduction: The Ministry of Electronics and Information Technology in India is set to undertake a review of tariffs on inputs and sub-components used in the production of electronics goods. This move aims to rationalize import duties and make local manufacturing more competitive. With a focus on scaling up the production of finished goods, the government intends to support the transition from domestic demand to a manufacturing-for-global-demand model.   Tariff Reform to Drive Export Competitiveness: Minister […]