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MODEL BIT AMENDMENTS
India to push for bespoke BITs, won't make use of templatesIn the February budget, the government had said the current model bilateral investment treaty (BIT) will be revamped and made more investor...- Budget 2025: Govt announces plan to turn a BIT more friendly to investorsThe government announced a revamp of the Bilateral Investment Treaty (BIT) to make India more attractive for foreign investors. This change...
- India has more than a 'BIT' of a problem on trade & investment negotiationsIndia's inflexible model bilateral investment treaty (BIT) is hindering trade negotiations with several nations, including Saudi Arabia, th...
- PMO calls for improvement in text of bilateral funding treatiesThe Prime Minister's Office has tasked the commerce and industry ministry with reviewing the bilateral investment treaty (BIT) template to ...
- Investors can now go for fractional ownership of rent-yielding realty assetsInvestors can now have fractional ownership of rent-yielding real estate assets by making a minimum investment of Rs 10 lakh, with markets ...
- FTA likely on track as UK warms to investment pactIndia considers an investment treaty with the UK crucial as the latter is among the top investors in the country. In 2022-23, India receive...
- India asks 68 countries to renegotiate bilateral investment pacts, Rajya Sabha toldIndia had signed Bilateral Investment Treaties (BITs) with 83 countries/regions till 2015 based on the Model BIT of 1993 and as amended in ...
- Net-zero is net-net win for economyThe more aggressive the effort, the bigger the gains - as are the investments required. Achieving net-zero by 2070 requires an investment o...
- Government seeks comments on draft social media rulesThe govt is planning to amend the IT rules wherein social media platforms have to curb unlawful content.
- India seeks fresh treaties with 47 nations“We have written to 47 countries… Treaties that have completed 10 years will be allowed to be lapsed so that a new text can be negotiated,”...
- Poke Me: India must convince its trading partners that its commitment to openness isn't just hot air"In recent years, India has been hit with a growing number of claims brought by foreign investors under various bilateral investment treati...
- Land Act bit draconian, frame own laws: Arvind Panagariya to statesPanagariya said Land Acquisition Act, 2013, was a bit draconian and he had suggested the same to the govt even before assuming office at NI...
- How developing countries like India are petrified of being dragged into international arbitrationBITs cannot be banished from the policy regime right now. India is obviously not yet ready or mature for the large mega-regionals.
- Omar Abdullah agrees to Congress' demand on reservations, Block Development Council polls may delay againOmar has tasked a team of officers to explore the possibilities of bringing out an ordinance that will take effect reservations at blocks a...
- Vodafone tax case: War of words intensifiesThe war of words between Vodafone Group Plc, embroiled in a multi-billion dollar tax case here and the Indian government has further intens...
- Bill envisages land acquisition at market ratesThe Land Acquisition (Amendment) bill and legislation on Resettlement and Rehabilitation will incorporate farmer-friendly provisions.
- GST rollout set to be delayed again as consensus eludesA consensus on new indirect tax system GST has eluded delaying its rollout further, as some states in contrast to the Centre's proposal tod...
- Pranab Mukherjee invites Mamata Banerjee for talks on Land Acquisition (Amendment) BillMs Banerjee, who has strong reservations over the twin pieces of legislation, is, as per Trinamool Congress sources, unlikely to relent.
- Centre hardens stance on GST, it’s up to states nowThe Centre is unlikely to propose a fresh set of constitutional amendments to facilitate the goods and services tax, or GST, having already...
- Sonia’s sentiments sway Land Acquisition BillWith Congress president Sonia Gandhi seeking annuity benefits for displaced farmers who surrender their land, the Centre has begun tweaking...
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