India would have to put at least 10 percent of scientific, managerial and industrial inputs in the project.
On the eve of the two-day summit in Brussels, Merkel renewed her rejection of euro bonds as 'wrong and counterproductive.'
Gangster Abu Salem, who survived bid on his life in a Navi Mumbai jail last month, will move the European Union seeking execution of the order canceling his extradition to India issued by the Portuguese constitutional court.
In the first visit by a foreign delegation, a team of 23 MEPs travelled to Kashmir in October on a two-day visit to have a first-hand assessment of the situation after the state's special status was revoked in August by abrogating Article 370.
The Greece package is aimed at rescuing foreign investors and delays the inevitable "rolling crisis" in that country
The David Cameron government has accepted the recommendation of the Migration Advisory Committee to specialist jobs such as pharmacists, veterinary surgeons, and speech and language therapists.
A day ahead of the G20 Summit, it was not very clear whether a consensus on the text to describe the Ukraine crisis in the joint leaders' declaration was achieved with China appearing to emerge as the main stumbling block to bridge the differences on the contentious issue.
India, Russia, the US, China and several other countries would meet in Moscow later this month to decide on whether to take retaliatory measures against the EU on its 'unilateral' decision to impose carbon tax on air travel.
Gunmen launched an attack on the European Union military mission's headquarters in the Malian capital, Bamako, the apparent latest in a string of attacks on Western interests in the region.
"We expect to host the India-EU summit under the UK presidency in New Delhi and welcome the British Prime Minister to our country later this year," External Affairs Minister Natwar Singh said.
The European Union has recently introduced a condition on exporters to give a certificate with dispatches that they contain traditional Basmati rice to avail a rebate of 250 Euro per tonne, Lok Sabha was informed on Friday.
The European Union, which will soon kick-off an energy dialogue with India, has said it is not opposed to a $4.16 billion pipeline project to pump gas from Iran to India through Pakistan.
The EU should eliminate tariffs on 95 per cent of the goods under the Free Trade Agreement instead of the 90 per cent being targeted by the India-EU High Level Trade Group, the industry body said.
European Union presents India with a huge opportunity to tap the services sector there including the information and communication technology, but Indians need to overcome the language barrier, said a senior official on Thursday.
John Clancy, spokesperson for the European Commission's trade directorate, told Business Standard this week's talks would focus on 'tariffs and services'.
Citing the latest statistics from Eurostat, the ministrysaid trade between China and the European Union totalled Euro35.6 billion ($49.4 billion) in July, allowing the countryto overtake the US.
India on Thursday raised the contentious issue of higher GSP concessions to Pakistan with the visiting EU Trade Commissioner Pascal Lamy.\n\n\n\n
Union minister Smriti Irani reacted furiously to the Congress leader's barb at the prime minister over the Rafale purchase and the tense situation in Manipur.
Within a week of a British court striking down the interim cap on professionals from India and other non-EU countries, the Home Office made necessary changes to the measure and announced that the cap until April 2011 was 'legal and up and running'.
But the EU would like New Delhi to first fulfil certain 'necessary preconditions.'
European Union leaders are expected to clear the way for releasing 31.5 billion euro ($41 billion) in urgently-needed financial assistance for debt-stricken Greece at their two-day summit which opens in Brussels today.
Deadline to submit convincing reform plans is this week.
A new rule by the European Union on duty-free purchases has raised strong protests from India's duty-free retail owners.
In 2007, India slashed the additional customs duty it charged on imported (which were up to 150 per cent of value of imports depending on the spirits), but simultaneously hiked the basic customs duties to 150 per cent from 100 per cent.
The long-pending issue of seizure of Indian generic drugs by European Union countries has been resolved, with the EU accepting India's position and agreeing to amend the rules to plug the loopholes that led to the seizure of shipments.
Grabbing the opportunity, companies are lining up with investment in Uttar Pradesh, Punjab and Haryana for processing plants to milk the export market. Global giants such as Group Danone and Fonterra are firmly in India.
India is negotiating for a comprehensive economic partnership agreement with Malaysia and Japan and a broad based trade and investment agreement with the EU.
Last week's panic in financial markets finally forced European policy-makers into taking decisive action.
Describing the India-EU relations as "exceptionally good," Nicholson said the EU would not get involved in Kashmir unless both parties invited it.
Bangladeshis say it is easier in Portugal to get Residency papers, which give them access to all EU countries, reports Sunanda K Datta-Ray.
The European Union on Wednesday got the go-ahead to hit the United States with a record $4.04 billion in trade sanctions in a long-running row over tax breaks for major exporting firms, trade officials said.
Tough intellectual property rights sought by the EU in its free trade agreement with India have set off global protests
The European Union said on Friday that it would abide by the World Trade Organisation ruling that has favoured India in the bed linen dispute.\n\n\n\n
