Local Sourcing Rule

An ethnic minority armed group in Myanmar has seized control from the country's ruling junta of a lucrative border crossing to China, local media and a security source said Sunday.

India's government on Friday warned social media firms including Facebook and YouTube to repeatedly remind users that local laws prohibit them from posting deepfakes and content that spreads obscenity or misinformation, two sources told Reuters. The warning was conveyed by deputy IT minister Rajeev Chandrasekhar in a closed-door meeting where he sa...

India's Oil and Natural Gas Corp has for the first time sold oil through a three-month local tender, commanding $5-$8 per barrel more than existing rates under new rules that allow producers marketing freedom, industry sources said.

New Indian e-commerce rules will raise costs for all online retailers but particularly Amazon and Flipkart as they may have to review their business structures, senior industry sources said.

Prime Minister Narendra Modi is keen to reduce imports to boost local manufacturing to make India more self-sufficient and enable it to play a bigger role in the global supply chain.

India’s latest e-commerce policy draft includes steps that could help local startups and impose government oversight on how companies handle data.

New Indian rules to ensure scrutiny of investments from companies based in neighbouring countries, especially during the coronavirus outbreak, will also apply to Hong Kong, two senior government sources told Reuters on Monday.

Apple online store may soon start selling products, as India eased rules that forced companies such source 30 percent of their production locally.

Commerce Minister Piyush Goyal said the 30 per cent local sourcing norms in single-brand retail remains, but its definition has been expanded.

United States has told India it is considering caps on H-1B work visas for nations that force foreign companies to store data locally, three sources with knowledge of the matter told Reuters.

The United States has told India it is considering caps on H-1B work visas for nations that force foreign companies to store data locally, three sources with knowledge of the matter told Reuters, widening the two countries' row over tariffs and trade.

US payment firms have successfully pushed India to consider diluting rules on data storage, but their lobbying campaign has sparked a bitter industry spat pitting them against local rival Paytm, according to sources and documents seen by Reuters.

Tamil Nadu's ruling party today abandoned its differences - or at least said it has - in an attempt to present a throwback to an older era, when it was a solid force grounded in its abject devotion to chief J Jayalalithaa, who died in December. Acknowledging "there are differences but we will work together," Chief Minister E Palaniswami shook hands...

The new rules exempt foreign retailers for three years from a requirement to source 30 percent of the goods sold in company-owned stores locally.

A week after Apple CEO Tim Cook visited India, the government is looking at whether to waive local sourcing rules which would allow the company a far smoother ride in opening its own retail outlets in the country.

An ethnic minority armed group in Myanmar has seized control from the country's ruling junta of a lucrative border crossing to China, local media and a security source said Sunday.

India's government on Friday warned social media firms including Facebook and YouTube to repeatedly remind users that local laws prohibit them from posting deepfakes and content that spreads obscenity or misinformation, two sources told Reuters. The warning was conveyed by deputy IT minister Rajeev Chandrasekhar in a closed-door meeting where he sa...

India's Oil and Natural Gas Corp has for the first time sold oil through a three-month local tender, commanding $5-$8 per barrel more than existing rates under new rules that allow producers marketing freedom, industry sources said.

New Indian e-commerce rules will raise costs for all online retailers but particularly Amazon and Flipkart as they may have to review their business structures, senior industry sources said.

Prime Minister Narendra Modi is keen to reduce imports to boost local manufacturing to make India more self-sufficient and enable it to play a bigger role in the global supply chain.

India’s latest e-commerce policy draft includes steps that could help local startups and impose government oversight on how companies handle data.

New Indian rules to ensure scrutiny of investments from companies based in neighbouring countries, especially during the coronavirus outbreak, will also apply to Hong Kong, two senior government sources told Reuters on Monday.

Apple online store may soon start selling products, as India eased rules that forced companies such source 30 percent of their production locally.

Commerce Minister Piyush Goyal said the 30 per cent local sourcing norms in single-brand retail remains, but its definition has been expanded.

United States has told India it is considering caps on H-1B work visas for nations that force foreign companies to store data locally, three sources with knowledge of the matter told Reuters.

The United States has told India it is considering caps on H-1B work visas for nations that force foreign companies to store data locally, three sources with knowledge of the matter told Reuters, widening the two countries' row over tariffs and trade.

US payment firms have successfully pushed India to consider diluting rules on data storage, but their lobbying campaign has sparked a bitter industry spat pitting them against local rival Paytm, according to sources and documents seen by Reuters.

Tamil Nadu's ruling party today abandoned its differences - or at least said it has - in an attempt to present a throwback to an older era, when it was a solid force grounded in its abject devotion to chief J Jayalalithaa, who died in December. Acknowledging "there are differences but we will work together," Chief Minister E Palaniswami shook hands...

The new rules exempt foreign retailers for three years from a requirement to source 30 percent of the goods sold in company-owned stores locally.

A week after Apple CEO Tim Cook visited India, the government is looking at whether to waive local sourcing rules which would allow the company a far smoother ride in opening its own retail outlets in the country.