What are P-Notes? P-Notes or Participatory Notes are instruments issued by a registered foreign institutional investor to an overseas investor who wishes to invest in Indian stock markets without registering themselves with the market regulator, the Securities and Exchange Board …
What is Disinvestment? Divestment or disinvestment means selling a stake in a company, subsidiary or other investments. Governments resort to divestment generally to reduce financial burden due to inefficient public sector undertakings (PSU’s) and to improve public finances. It introduces …
Context: In this article the author highlights the pros and cons of Privatising railways and the need to weigh both carefully. What does Privatisation mean? The transfer of ownership, property or business from the government to the private sector is …
What’s in the news? In a move that will mainly affect entities from China, the government has amended the General Financial Rules, 2017, imposing restrictions on public procurement from bidders of countries that share a land border with India, citing …
What are they? Economic integration takes the form of the Preferential Trade Area, Free Trade Area, Customs Union, Common Market and Economic Union. A preferential trade area (PTA) is a trading bloc that gives preferential access to certain products from …
What are P-Notes? P-Notes or Participatory Notes are Instruments issued by a registered foreign institutional investor to an overseas investor who wishes to invest in Indian stock markets without registering themselves with the market regulator, the Securities and Exchange Board …
About BTIA India and the European Union (EU) have been negotiating a free trade agreement (FTA), officially called a Broad-based Trade and Investment Agreement (BTIA) since 2007 but have not been able to conclude it because of differences in some …
What is it? Inverted duty structure is a situation where import duty on finished goods is low compared to the import duty on raw materials that are used in the production of such finished goods. For example, suppose the tariff …
About Equalisation Levy The 2% equalisation levy was introduced in the 2020-21 Budget and came into effect from April 1. It is a direct tax levied on any purchase by an Indian or India-based entity through an overseas e-commerce platform. …