Countries that raised concerns about the quality of Indian spices have called for urgent attention and action, Delhi-based think tank Global Trade Research Initiative (GTRI) said on Wednesday. The stakes are high since India exported spices worth about $692.5 million to the United States (US), Hong Kong, Singapore, Australia and Maldives in the financial year 2023-24 (FY24), it said. During FY24, India's spice exports were worth $4.25 billion, accounting for a 12 per cent share of the global spice exports.
Birla told the European Parliament Vice President that every nation and Parliament is sovereign and internal issues of other countries should not be discussed by others.
India's exports registered a steepest decline in 13-month falling 9.3 per cent in August to $34.71 billion due to global economic uncertainties, while the trade deficit soared to a 10-month of $29.65 billion. According to the government data released on Tuesday, imports increased by 3.3 per cent to $64.36 billion, which is a record high, due to a significant jump in the inbound shipments of gold and silver.
Birla conveyed to the head of the European Union's legislative body that it was inappropriate for one legislature to pass judgements on another and the practice could be misused by vested interests.
India has flagged concerns over non-tariff barriers (NTBs) faced by its exporters with the Russian government, commerce secretary Sunil Barthwal said on Monday. NTBs faced by Indian exporters are mainly in sectors such as marine products and pharmaceuticals.
The European Parliament has called for an 'immediate' triggering of Brexit.
The European Union's GDP (gross domestic product) at market prices is the highest in the world, with the UK having the second largest share in it.
The move came soon after Belgium confirmed a case of the B.1.1.529 variant in someone who had travelled back from Egypt earlier this month, with the European Union (EU) member states agreeing to a snap travel ban on seven African nations.
"I realise that a lot of Indians who have taken Covishield are facing issues with travel to the EU, I assure everyone, I have taken this up at the highest levels and hope to resolve this matter soon, both with regulators and at a diplomatic level with countries," Poonawalla said in a tweet.
The lawmakers voted by 312 to 308 to reject a no-deal Brexit under any circumstances.
Frequent bans on Indian food products by the EU have prompted the Indian government to invite the officials of the EU Food and Veterinary Office to let them assess the food safety standards followed by India.
The United States, the United Nations and the European Union have welcomed the announcement by the militaries of India and Pakistan to strictly observe all agreements on ceasefire along the Line of Control (LoC) in Jammu and Kashmir and other sectors, and hoped that it would lead to greater peace and stability in South Asia.
The EU is challenging the introduction of import duties on a wide range of ICT products, for instance mobile phones and components, base stations, integrated circuits and optical instruments
May now faces the final and biggest hurdle of getting the deal approved by the UK Parliament where many MPs from her own party remain vehemently opposed to it.
IndiGo has delivered impressive operating performance in the past six quarters as it navigated cost and capacity challenges. It has managed to mitigate the impact of faulty engine-related groundings. The airline has also managed costs related to grounding, expensive secondary leasing, increasing airport charges, and pilot compensation inflation and delivered stronger yields and spreads.
The EU ambassador to India hoped the principle of equality will be upheld in the CAB. He also said that Pak must take action against terror groups.
The Congress on Tuesday stepped up its attack on the Bharatiya Janata Party government for allowing European Union MPs to visit Kashmir while denying permission to Indian parliamentarians, and termed it a "national embarrassment".
Inviting EU lawmakers to J-K is the 'ultimate disrespect' to Indian Parliament's sovereignty, Sharma added.
Lauding Pakistan for the successful conduct of general elections, the European Union has urged the nation to move swiftly towards the formation of a stable and functional government.
Leterme contended that there is a need for the United Nations Security Council to adapt to the realities of the 21st century as it requires representation that goes beyond the structures established in the 20th century.
With farm Acts out of the picture, the government may look at reforming the input side of the agriculture sector - regulations and rules that govern seeds, fertilisers and plant chemicals. Sources said such a blueprint, which is aimed at making the life of farmers easier, with quicker approvals but not compromising on quality, is in the works as part of the 100-day agenda of Modi 3.0. Also, ways to administer fertiliser subsidy more effectively and cutting down on leakages and diversions to build on the success of neem-coated urea are being thought of.
Ukraine is currently in the middle of a strategic offensive into Russia's Kursk region.
Airlines whose carbon emissions are more than prescribed cap have to reduce emissions or pay for it z
India, the world's third largest oil consuming and importing nation, in July bought $2.8 billion worth of crude oil from Russia, second only to China which remains the largest importer of Russian oil, a report said. Russia emerged as India's biggest supplier of crude oil, which is converted into fuels like petrol and diesel in refineries, after Russian oil was available on discount following some European nations shunning purchases from Moscow over its invasion of Ukraine in February 2022.
India currently does not have any XBB 1.5 variant-based vaccines available.
The announcement comes two years after the referendum in which the British people voted to leave the EU.
The sources said friends of India prevailed over those of Pakistan in the European Parliament on Wednesday.
May issued a statement to indicate the government's next steps a day after the House of Commons once again failed to agree on any specific alternative to her controversial EU divorce bill.
The United Kingdom has voted by 51.9 per cent to 48.1 per cent to leave the European Union after 43 years in an historic referendum.
The European Parliament has urged India and Pakistan to resume dialogue in pursuit of a peaceful solution in Kashmir, while urging for 'normalcy' in the region.
New Delhi has not adhered to the recent G-20 assurances that leaders had agreed at the London meeting last month not to impose protectionist measures, the EU claimed.
Dr Reddy's Laboratories (DRL) is set to acquire Haleon's global portfolio of consumer healthcare brands in the nicotine replacement therapy (NRT) category outside of the US. DRL will pay a total consideration of 500 million, including an upfront cash consideration of 458 million and contingent cash payments up to 42 million based on performances in CY25 and CY26. DRL will acquire the portfolio through the purchase of shares of Northstar Switzerland SARL, a Haleon group firm.
Auditing firms in the country could soon run out of business if they do not get themselves verified according to the guidelines mentioned in the Eighth Directive issued by the European Union (EU). EU will recognise balance-sheets of companies audited by firms that fit their specified standards.
German magazine expose could have 'severe impact' on US-EU relations
Another priority in the first 100 days could be the launch of an e-platform -- Trade Connect -- to help exporters connect with stakeholders of international trade.
The ministry of information and broadcasting (I&B) on Wednesday held an inter-ministerial meeting with various departments to discuss issues regarding revenue sharing between Big Tech companies and digital news publishers, according to sources. The meeting - chaired by I&B Secretary Sanjay Jaju - invited senior officials from the ministry of corporate affairs (MCA), Competition Commission of India (CCI), ministry of electronics and information technology (Meity) and departments of promotion of industry and internal trade, legal affairs and consumer affairs.
India clearly told the EU it would 'not accept' any further concession, as far as the automobile sector was concerned.
Swamy died at the Holy Family Hospital, where he was admitted on May 29, in Mumbai on Monday, a day after he suffered a cardiac arrest and was put on ventilator support.
Under the Commission proposal, Greece would get the whole 7 billion in one go
Capping a visit that attracted controversy and opposition ire, EU parliamentarians visiting Jammu and Kashmir on Wednesday termed Article 370 an internal issue of India and said they stand by the country in its fight against terrorism.
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