For a country firmly entrenched in tradition, embracing the twin hallmarks of development -capitalism and liberalism – have not been easy loads to bear for India’s economy. Given that its infrastructure cannot match its growth and its government is resistant to change, India’s economy is struggling with paradoxes that can’t be easily squared away. Still, it is now the second fastest growing industry in the world and it is taking steps to increasingly open up its market, in terms of FDI, the legal industry and its burgeoning retail sector. Our cover story explores the latest issues and trends affecting the economy and lawyers from Majmudar & Partners share their insights on the nuances affecting the stock broking business in India.
To read the ASIAN-MENA COUNSEL Special Report Click Here
(Note, if you are using an iPhone or iPad you can also download this article directly to your iBooks after it opens in Google Docs).
IN-HOUSE OPINION: If you are an in-house counsel and you have a comment or an opinion you’d like to share either on this article or its subject matter, contact us at: email@example.com with the article title in the subject line, stating clearly if you wish your comments to remain ‘Private’ or ‘Anonymous’.
India: Union Budget 2015
A bullet-point overview of changes in Direct Tax, Indirect Tax and Goods and Service Tax in India in light of Finance Minister Arun Jaitley’s first full-year Budget…
Insurance Laws (Amendment) Bill passed as Ordinance in India
The long-awaited Insurance Laws (Amendment) Bill has become a provisional law in India. The Bill amends the Insurance Act (1938), the General Insurance Business (Naturalisation) Act (1972), and the Insurance Regulatory and Development Act (1999).
Myanmar insurance update
Clyde & Co partner Michael Horn recently visited Myanmar's commercial capital Yangon and reports on the current state of the insurance market...
Tanzania: Revocation of mining licences
The Tanzanian government recently announced the cancellation of a total of 174 mining licences. This mining update examines the key continuing obligations imposed by the Mining Act upon mining licence holders.
Mining Development Agreements
In this month’s mining brieﬁng we look at Mining Development Agreements (MDAs) and the role that they play in the mining sector in Tanzania.
Is blockchain the answer?
Counsel need to be aware of the potential legal and other limitations of this rapidly evolving technology ...
Related Articles by Jurisdiction
India introduces new bankruptcy code
India’s new insolvency and bankruptcy code came into force last week, raising hopes that failing companies will be recognised and wound up much quicker in the future...
Whether two Indian parties can choose a foreign seat of arbitration? An unsolved mystery ...
The thing about … Carl Im
The brains behind eYulchon talks to Patrick Dransfield about his algorithmic approach to corporate compliance ...