Approved by the State Council, or China's cabinet, the move was taken to honour China's tariff reduction commitment upon its accession to the World Trade Organisation, the Customs Tariff Commission said in a statement.
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
Russian President Vladimir Putin on Tuesday thanked Prime Minister Narendra Modi for trying to help find a peaceful solution to the Ukraine crisis.
Citing India's World Trade Organisation commitments made in 2003, Higher Education Secretary R P Aggarwal said, "The government has proposed 100 per cent FDI in higher education in all institutions."
At the World Bank Banga will be replacing David Malpass, a former Trump treasury official, reports axios.com. Malpass had already announced that he will resign by July, months ahead of his term expired. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," President Biden said in a statement. Banga, 63, currently serves as vice chairman at General Atlantic.
Ranbaxy Laboratories, the biggest member of the Indian Pharmaceutical Alliance, has come out in the open against the alliance's stand on patent issues.
China has protested against the United States limiting the imports of Chinese woollen trousers saying it was groundless and went against World Trade Organisation rules.
In a dispute pertaining to preferential treatment to some countries, a World Trade Organisation dispute settlement panel has ruled in India's favour against the European Commission.
However, the country has not put any restrictions on the entry of new foreign banks, since it wants a reciprocal gesture as Indian banks increasingly are plan to expand overseas.
IMF's Chief Economist Gita Gopinath will leave her job in January next year and return to the prestigious Harvard University, according to the global financial institution.
World Trade Organisation negotiators on Friday made a last-ditch effort to salvage the deal on easier availability of life- saving medicines to poor countries, which fell through earlier in the day.
The commerce ministry has moved a Cabinet note for inter-ministerial consultations to finalise India's offers on services for the World Trade Organisation.
India has asked the developed countries to implement their part of obligations under the World Trade Organisation, reduce agriculture subsidy and make their market accessible to developing countries.
Prime Minister Narendra Modi on Tuesday told Russian President Vladimir Putin that a solution to the Ukraine conflict is not possible on the battlefield and peace efforts do not succeed in the midst of bombs and bullets even as he flagged concerns over a missile strike on a children's hospital in Kyiv.
Modi hits out at trade protectionism and calls for a rule-based, transparent, anti-discriminatory, open and all inclusive WTO-centred multilateral trading system focused so that the interests of every country specially the developing ones can be taken care of.
The government on Thursday approved the broad strategy for World Trade Organisation services negotiation under which India would be willing to open up several services
India would have a new World Trade Organisation-compliant patent regime by January 1, 2005, apart from making India competitive
After the European Union, Taiwan could take India to the World Trade Organisation with regard to its anti-dumping measures.
Chinese Foreign Minister Wang Yi has expressed readiness to join hands with India's National Security Advisor Ajit Doval to "properly handle" issues related to the situation on the ground in the border areas, amid the protracted border row in eastern Ladakh.
India's shrimp exporters heaved a sigh of relief last week following the decision of World Trade Organisation's anti-dumping panel to set July 24 as the deadline for the final hearing on the issue.
India's Ambassador at the World Trade Organisation K M Chandrashekar is all set to become the new revenue secretary and special secretary S N Menon will become the new commerce secretary.
Under pressure from the United States and the European Union, which have dragged it to the World Trade Organisation over high duties on wines and spirits
Ahead of the crucial World Trade Organisation General Council meeting in Geneva next week, India on Saturday said it would not compromise on food security and livelihood concerns and demanded substantial changes in the draft framework to make it acce
