The Bar Council of India’s recent announcement to allow foreign lawyers and foreign law firms to enter the Indian legal market paves way for them to advise Indian clients on international legal issues, including international arbitration. What are the new rules and, how will it impact the legal industry? More, importantly, can the new rules help India become a hub for international arbitration? businessline's Senior Deputy Editor KR Srivats explains in the latest episode of News Explained.

Tune in to BL Podcast for more such stories.

------

businessline Podcast is a daily series of podcasts from The Hindu businessline newspaper. In this series, we take a look at news that matter from around the world and stories to provide quick, critical analysis. Our reporters, analysts and experts provide context to help you understand what happened, why is it important and how it impacts you. Listen in as we decode a wide range of topics from politics, policy, Indian economy and the world of business.