With the new government taking charge in Britain, senior officials of India and the UK will hold the next round of talks this month for the proposed free trade agreement to resolve the pending issues and close the negotiations, an official said. The India-UK talks for the proposed free trade agreement (FTA) began in January 2022. The 14th round of talks stalled as the two nations stepped into their general election cycles.
The USTR has placed India on its "priority watch" list for two years in a row, saying the country's patent laws unfairly favour local drug makers.
Nyrraa Banerji's reason for staying away from Bollywood for a while: 'In Bollywood, there was a phase where all the movies were getting very bold. Physical intimacy was the criteria at that time for films. I didn't want to be part of that.'
They are venturing into allied businesses, which range from starting talent management agencies to music labels to tap into every possible monetisable opportunity to appeal to investors.
US President Donald Trump's plan to sign an executive order to cut prescription drug prices by 30-80 per cent could lead to a global price adjustment with pharma firms pushing lower-cost countries like India to raise prices, according to the economic think tank GTRI. The US move could push prices in lower-cost countries like India as manufacturers would seek to recover losses and R&D costs from these nations.
'The tools of warfare are changing. The MoD must deepen its engagement with technology thinkers that can present compelling visions of where warfare may be heading.'
India maintains "high" import duties on a wide range of American goods such as agricultural items, drug formulations, and alcoholic beverages, besides imposing non-tariif barriers, a US report has said. A day before announcing reciprocal tariffs, the US Trade Representative (USTR) released the 2025 National Trade Estimate (NTE) Report on March 31.
According to official records, Kishor is enrolled as a voter in West Bengal at 121, Kalighat Road, the address of the Trinamool Congress headquarters in Kolkata's Bhabanipur assembly constituency, which is Chief Minister and TMC chief Mamata Banerjee's seat, he said.
Developed countries, especially the United States, are of the view that these issues have been settled in Mexico's Cancun.
Data exclusivity provides protection to the technical data generated by innovator companies to prove the merit of usefulness of their products.
Who else will take on the might of Microsoft, Google, and Amazon if not the Adanis, Ambanis, Birlas, or Tatas?, asks R Jagannathan.
'Solutions developed in India are being commercialised and offered globally because we're executing at scale, creating new markets and revenue streams.'
Over 70,000 patent applications are in the pipeline for examination and may need at least 3-4 years for approval under the Intellectual Property Rights Act due to shortage of examiners, a senior government official said.
'Even if tariffs are reduced, non-tariff may still remain a challenge.'
The Indian Army on Thursday said it has registered the intellectual property rights of its new design and camouflage pattern uniform.
Communications between the USTR and the world's most powerful pharmaceutical and trade lobbying groups reveal that many raised concerns about India's push to exempt Covid vaccines from intellectual property.
To date, no comprehensive analysis has been done on the impact of intellectual property on India's economy, according to US Consul General Jennifer A McIntyre.
The World Intellectual Property Organistion (Wipo)'s Worldwide Academy on Saturday urged the Indian industries to invest heavily in human resource development in the field of intellectual property.
As a result, necessary IP rights are not effectively transferred, the "best price" for IP is rarely achieved, and the process itself inhibits the market adoption of new technology based products and hence their companies' economic growth.
Apple had taken Shanghai-based Zhizhen Internet Technology and China's State Intellectual Property Office to court to seek a ruling that Zhizhen's patent rights to a speech recognition technology were invalid.
Twelve countries - India, Pakistan, China, Russia, Algeria, Argentina, Canada, Chile, Indonesia, Israel, Thailand and Venezuela - are on the Priority Watch List.
JSW Paints, part of $23 billion JSW Group, on Friday said it will acquire majority controlling stake in Akzo Nobel India Ltd (ANIL), the maker of Dulux paints, for Rs 8,986 crore. It will acquire 74.76 per cent stake from its Dutch promoters/holding entities -- namely Imperial Chemical Industries and Akzo Nobel Coatings International BV -- for a consideration of Rs 8,986 crore, according to a statement from the JSW Group firm.
On Monday, the Appellate Board upheld the compulsory licence granted to domestic firm Natco Pharma last year, against Bayer's patented anti-cancer drug Nexavar.
Violations of business and intellectual property rights are on the rise and pose a huge challenge to corporations and innovators.
'The final arrangement within our family was documented in our amended family agreement dated March 31, 2017. We confirm that both of you have no right of any form in the other brother's business of assets.'
'This case is not a good example of intellectual property strategy for either sector.'
Top US lawmakers have slammed China for restrictive market access and "blatant stealing" of intellectual property rights of American businesses and appealed to the Obama Administration for implementing necessary steps to protect the interest of its businesses.
What we need is some informed debate on what is India's best interest at this particular stage instead of going for a wholesale import of an American system that could prove ineffectual.
American President Donald Trump has announced imposing reciprocal tariffs on its major trading partners including China that levy higher import duties on goods shipped from the United States. He has already announced a 25 per cent duty on steel and aluminium imports, which will come into effect from March 12.
India finalised a free trade agreement with the UK, its 16th so far as the country aimed at boosting bilateral trade and investments. The other regions and countries with which India has signed such agreements include the four-nation European bloc EFTA, Japan, Korea and Australia.
The Department of Industrial Policy and Promotion (DIPP), the nodal department that handles intellectual property rights (IPR) related matters under the commerce ministry, is launching an ambitious Rs 300-crore (Rs 3 billion) project to sensitise all stakeholders, including law enforcement agencies, scientists, companies, ministries and the general public on IPR issues.
The United States 'is leading the world in the use of compulsory licenses, and is hypocritical in voicing indignance when developing countries issue compulsory licenses for essential drugs,' Washington-based Knowledge Ecology International, with its offices in Geneva, has alleged.
Leading FMCG maker HUL said that it has received a demand notice of Rs 962.75 crore from the Income Tax Department and will go in for an appeal against the order. The notice relates to non-deduction of TDS on payment of Rs 3,045 crore to GlaxoSmithKline Consumer Healthcare (GSKCH) for the acquisition of Intellectual Property Rights of the Health Foods Drinks (HFD) business consisting of brands as Horlicks, Boost, Maltova, and Viva, according to a recent exchange filing.
Intellectual property rights must be backed by a strong enforcement mechanism that will effectively curb counterfeiting and piracy, an official of the World Intellectual Property Organisation said in New Delhi on Thursday.
'When global politics has some intervention on the core software one uses, and if you are cut off from your own data in critical workflows, sovereignty is no longer optional. It becomes a necessity.'
Subramanian Swamy has been critical of Rajan for not lowering interest rates earlier to boost growth.
A senior official attached with the Tambaram police commissionerate has been transferred and put under compulsory wait, days after the AR Rahman concert row that among others witnessed traffic snarls which even affected the movement of the Chief Minister's convoy.
