TagInternational Trade

Approval of Trade Facilitation Agreement in India – A Brief Overview

[The following guest post is contributed by Ananya Banerjee, a 5th Year Student of University of Calcutta, Department of Law] In another effort to promote the ease of doing business in India and to create a more business friendly environment in India, the Union Cabinet has, on February 17, 2016, approved the proposal for notification of commitments under the Trade Facilitation Agreement...

The Currency Conundrum

The financial press has been abuzz with discussions and commentaries on the recently initiated “currency war”. While much of the discussion is deeply embedded in macro-economics, the Critical Twenties blog has a useful overview of the tricky issues involved and their possible impact on the Indian economy, written in a manner that is palatable to the non-economist.

Delhi High Court clarifies Transfer Pricing law

In a fillip to the increasing global ambitions of Indian industries, the Delhi High Court, in Maruti-Suzuki India Ltd. v. ACIT, clarified the application of transfer pricing provisions to the use of foreign trademarks in India. The issue arose out of the Maruti-Suzuki collaboration all of us are well aware of, and was a good example of judicial intervention to stifle the parochial approach of the...

The Breakdown of the Doha Round

(The following post has been contributed by Mihir Naniwadekar) Trade talks at the WTO over the Doha Round (now in its seventh year) broke down late last month in Geneva after intense negotiations failed to resolve a deadlock between India and China on the one hand and the US and EU on the other. This short note will look at the differences which led to the breakdown, and the implications of the...

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