The government will convene a meeting of political parties prior to the WTO ministerial in Cancun to elicit their views on issues, especially agriculture subsidy, to be discussed at the conference, Lok Sabha was informed on Friday.
Kerala has sought patents for 966 medicinal plants in accordance with the provisions in the Geographical Indicator Act, Chief Minister Oommen Chandy, told the assembly on Monday.
Subdued demand from developed countries and blocs like the US and EU is impacting exports of key sectors including engineering, gems and jewellery and may have implications on India's exports in case the global situation does not improve in coming months. Global inflation, Russia-Ukraine war, simmering China-Taiwan crisis and supply disruptions are hurting economic growth worldwide, leading to poor demand, experts say. The world merchandise trade volume is expected to grow 3 per cent in 2022 against the earlier forecast of 4.7 per cent, mainly due to the ongoing war between Russia and Ukraine, according to the World Trade Organization forecast, released in April.
Indian economy should grow at eight per cent by 2020, Jagadish Shettigar, economic cell advisor of the Bharatiya Janata Party said on Wednesday.
With the product patent regime all set to take over the existing process patent system in January 2005 in concurrence with the world trade organisation regulations, experts say the new regime would boost research and development activities in the cou
The economy may grow by around 7 per cent this financial year as estimated by the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), say economists with various organisations. The first advance estimates for 2023-24 will be released on Friday by the National Statistical Organisation (NSO), an exercise done for calculating ratios such as the fiscal deficit. The interim Budget will be presented on February 1.
Acting on complaints from India and eight other co-complainants, the World Trade Organisation Dispute Settlement Panel has held that the Continued Dumping and Subsidy Offset Act of the United States had violated obligations.
Lamenting the abysmally low budgetary support to animal husbandry, dairy and fisheries, Agriculture Minister Ajit Singh on Monday said the government will soon unveil a livestock policy to enhance resources for the neglected sector.
The textiles ministry is in favour of a reduction in textiles tariffs under ongoing World Trade Organisation negotiations on market access, but said overall reduction in the case of developing countries should be lower than developed countries.
Agriculture Minister Sharad Pawar on Monday denied that the ministry was unhappy with the WTO Framework Agreement.
The government has permitted foreign banks to open a maximum of 18 branches in the country, which are situated mostly in urban and metropolitan centres, the Lok Sabha was informed on Friday.
With hectic negotiations continuing at the World Trade Organisation to meet the July 30 deadline for Framework Agreement, India on Thursday called for revision in the draft text to address its concerns and make it acceptable.\n\n\n\n
India's exports may have touched an all-time high of $422 billion in 2021-22 but recession in key western markets and geo-political crisis due to the Russia-Ukraine war are expected to impact the growth of the country's outbound shipments in 2023. All the global trade promoting factors like political stability, movement of goods, adequate availability of containers and shipping lines, demand, stable currency and smooth banking systems are in disarray. Adding to the woes, COVID cases have again started rising in countries like China, Japan, South Korea and the US.
Ahead of the UNCTAD XI meeting at Sao Paulo, Brazil, from June 13-18, Commerce Minister Kamal Nath on Monday held substantive discussions with Agriculture Minister Sharad Pawar to fine tune India's strategy on farm issues including livelihood concern
Indian elections and subsequent political developments have come as a glitch to the process of evolving a new proposal on the contentious farm sector negotiations at the World Trade Organisation.
'2019 was fought on delivery. But in 2024, you can see the before and after effects.'
Nepal on Friday became the 147th member of the World Trade Organisation with the protocol of accession coming into force.
The quota regime in textiles and clothing is unlikely to be extended beyond the deadline of 2005, a senior World Trade Organisation official said on Tuesday.
India seriously lags behind other nations when it comes to healthcare as per the guidelines set by the World Trade Organisation, Delhi Health Minister Yoganand Shastri said on Wednesday.
Saudi Arabia is planning to issue tourist visas to all visitors from early next year regardless of their religion as it implements a liberalised visa regime to gain entry into the World Trade Organisation.
The government has brought out a new law, which would restrict imports of vegetables and fruits into the country and make exotic fruits such as kiwis, rambutans and melons forbidden for Indian consumers.
It will be Putin's first participation in a multilateral summit after a mercenary group launched a short-lived armed rebellion last week that rocked Moscow.
Centre would announce a special package for the small scale industries before the 2004-05 budget to enable them to face competition in the emerging World Trade Organisation regime.
Both Houses of Parliament were adjourned on Tuesday on the opening day of the winter session after tributes were paid to the members who died during the inter-session period.
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