Under the slogan "Fakes cost more", the European Union is to throw its weight behind a global campaign against counterfeiting. A rare Ferrari and kung-fu-kicking monks will help launch the drive in Brussels on Monday. Jose Manuel Barroso, the European Commission president, is to open a counterfeiting summit attended by businesses, charities and campaign groups
The European Commission on Thursday announced a set of proposals aimed at increasing the economic and fiscal coordination of European Union member states.
According to a source on the Indian side, New Delhi and Brussels have agreed to eliminate tariffs on 90 percent of all tradable goods. But, India wants the EU to up their offer to include 95 percent of goods, while the EU wants India to offer a slash in tariffs on 98 percent of goods.
The EU is still an India in the making.
The decision was taken along with six partner countries backing the so-called International Thermonuclear Experimental Reactor project.
About 73 per cent of the fake medicines seized at the European borders last year was routed through the UAE, a newspaper report has said.
European Commission charges follow a two-year investigation.
With an ambitious target to more than double their bilateral trade to $200 billion in the next four years, India and EU hoped on Friday they can resolve differences and reach a free trade agreement within a year.
"The Nazi Party started using a Hindu symbol and abused it. That's not the fault of the Hindus. For us swastika is a sacred symbol implying peace and prosperity."
The two teams said they had been reassured by Formula One's approach under chairman Chase Carey and his new management team, who had "brought a new culture of transparency to the sport".
Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.
According to the commission, businesses urgently need to upgrade to Internet protocol version six or IPv6, a new version of the Internet's addressing protocol, which will hugely increase the number of available addresses.
Second-tier Formula One teams Sauber and Force India lodged official complaints with the EU's competition regulator, alleging that the sport's governing body mismanages prize money.
This comes at a time the domestic industry is gearing up to enter the nuclear arena. On Monday, the Associated Chambers of Commerce and Industries set up a lobby group comprising 40 Indian companies, including Jindal Power and Tata Power, to promote private participation in nuclear power generation.
The two heads of state, who are known to be close, came together again in Huangzhou, China during the G20 summit.
India would have to put at least 10 percent of scientific, managerial and industrial inputs in the project.
The talks are being held in Brussels between high-level delegations from India and EU, led by Commerce Secretary G K Pillai and Director General of European Commission Davis O'Sullivan.
In a circular, Sebi said QFI would now mean a resident in a country that is a member of the Financial Action Task Force or a member of a group which is a member of FATF.
Responding to what is widely felt by the political establishment in Europe to be the "destabilising" role played by credit ratings agencies in the ongoing euro zone crisis, the European Commission unveiled measures to curb their power.
The government allowed qualified foreign investors (QFIs) from six member-countries of the Gulf Cooperation Council (GCC) and 27 countries of the European Commission (EC) to invest in the Indian capital market to enhance foreign capital inflows.
Separate unions for black players would not make sense and would make it more difficult to stand up for the rights of footballers, the world players' union FIFPro said on Friday.
The bill will now go to the House of Lords on Monday for voting before royal assent from Queen Elizabeth II to become law.
Inspired by the famous American "green card" scheme, the European Commission is considering introducing its own "blue card" system to attract more qualified immigrants.
The shadow of the European Commission's anti-trust proceedings is hanging over Companhia Siderurgica Nacional's bid for Anglo-Dutch steelmaker Corus.
European Union steel prices hit their lowest since 2004
In 2009, Ranbaxy had to recall about 4,000 cartons of Sotret Isotretinoin through its US-based subsidiary.
Spiritual guru Sri Sri Ravi Shankar became the first Indian to receive the Crans Montana Forum Award.
Massive default, together with a very large sustained cut in the annual budget deficit, is, in fact, needed to restore Greek's fiscal sustainability.
Participants are keenly awaiting the rollovers to the next series ahead of the expiry of June F&O.
The 28-member European Union has temporarily banned the import of Alphonso mangoes, the king of fruits, and four vegetables from India from May 1, sparking protests from the Indian community, lawmakers and traders.
Freer movement of Indian professionals in 25 European Union member countries is likely to be a reality in the near future, as this will be a key point of negotiations in the proposed Free Trade Agreement with EU.
The European Union on Tuesday agreed with New Delhi that there needs to be in place some sort of livelihood security for farmers in agriculture negotiations at the World Trade Organisation
Amid the raging controversy over Mittal Steel's takeover bid for rival Arcelor, the European Union on Tuesday said it was against racial discrimination
As Prime Minister Narendra Modi embarks on a tour of three European nations, India on Sunday once again called for the cessation of hostilities in Ukraine and resolution of the conflict through dialogue and diplomacy, noting that was an appreciation of its position on the crisis by its partner countries.
As casualty figures rose from the devastating quake the European Commission, the EU's executive arm, said up to three million euros could be approved within a day if requested by agencies working on the ground.
In the clearest indication from the European Commission yet that a resolution to the ongoing dispute between New Delhi and Brussels regarding generic drug seizures had been reached, a senior EC official told reporters on Wednesday that the EU was "open to changing" the offending regulation.
