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ARTICLE · 30 MAY 2025

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Recent Developments In India's Corporate & Commercial Laws - May 2025

The May 2025 edition of Fox & Mandal's newsletter examines RBI's guidelines on digital lending; validity of retrospective environmental clearance for infrastructure projects; using input tax credit as GST appeal pre-deposit; Singapore's recognition of CIRP under the Model Law; co-investment vehicle in alternative investing; UGC's framework for recognising foreign qualifications; and other regulatory changes in India's corporate, capital markets, real estate, insolvency, and banking sectors.

IndiaCorporate/Commercial Law

INDIAN ECONOMY

Snapshot of key indicators | May 2025

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HIGHLIGHTS

  • Ministry of Corporate Affairs reported 50% increase in company incorporations in April 2025 in comparison to April 2024.
  • Tobacco (66.43%); coffee (47.85%); and electronic goods (39.51%) saw the highest growth in merchandise export in April 2025.
  • April 2025 records the lowest CPI and WPI inflation levels since July 2019 and March 2024 respectively.
  • The highest inflation in April 2025 was seen in gold (30.8%); refined oil (23.7%); silver (23.3%); mustard oil (19.6%); and apple (17%).
  • The top 3 positive contributors for industrial production in March 2025 were the manufacture of electrical equipment (15.7%); motor vehicles, trailers and semi-trailers (10.3%); and basic metals (6.9%).

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