India may be represented by Commerce Minister Arun Jaitley at an informal conclave of key trade ministers convened by the United States Trade Representative Robert Zoellick in London this week to break the impasse in the WTO talks.
These include the Professional Education-I, Professional Education-II and Final examination.
Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it's tackling the toughest development challenges facing developing countries. "The executive directors of the World Bank today selected Ajay Banga as president of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."
Sitharaman cancels Myanmar trip at last moment citing launch of Modi's Jan Dhan Yojana.
World Trade Organisation chief Pascal Lamy has endorsed India's stand in global trade talks but asked New Delhi to look at the 'bigger picture' and help break the impasse.
Six key World Trade Organisation members, including India, on Monday failed to reach an agreement on steps to liberalise trade in agriculture and manufactured goods.
A depreciating rupee, which briefly hit 80 to the dollar on Tuesday, may boost India's exports but price-inelastic imports of crude oil and gold would mean limited relief on the trade deficit, which clocked a record $26.2 billion in June. Due to global risk aversion on the back of geo-political tensions and aggressive policy tightening by the Fed, the dollar has appreciated against most currencies, including the rupee. And, with other currencies depreciating, India's comparative advantage in this respect may be limited.
The government of Switzerland will not be taking up the allegation by Novartis that Indian patent law is incompatible with the Trade-Related Aspects of Intellectual Property Rights agreement at the dispute settlement board of the WTO.
The United States on Wednesday filed a case against China with the World Trade Organisation, alleging that the Asian powerhouse was illegally subsidising the production of wind power equipment.
Chinese Premier Wen Jiabao on Monday proposed collaboration between India and China in global fora like World Trade Organisation and G-20 and in the financial sector, as top planners of the two countries had a "productive" round of talks at the first Strategic Economic Dialogue in Beijing.
Indian mangoes are all set to be shipped to the American market in the next few days after the United States decided to allow import of the delicious fruit.
"This round is development round and trade needs to be rebalanced in favour of developing countries," World Trade Organisation Director General Pascal Lamy said.
It's time India re-visited its Western alliances for the attitude and approach that the West reserves for the nation when it comes to security cooperation of the kind that they might not have visualised outside of China, India's bug-bear, asserts N Sathiya Moorthy.
Leaders of the Indian industry are worried over the way the agricultural issue, which calls for pruning farm subsidies by the rich nations, is being handled at the ongoing global trade talks.
India may formally approach the World Trade Organisation's dispute panel against the European Union following the seizure of low-cost generic medicine consignments in European ports meant for other developing countries. The two parties have failed to reach an amicable solution during the consultation process.
France on Friday warned India that the proposal to replace additional customs duty on wines and spirits with countervailing excise duty at the state level will weaken New Delhi's position
In an interaction with a group of Indian journalists, the three-time prime minister and president of the ruling Pakistan Muslim League-N described Jaishankar's visit as a "good opening" and said both sides should now engage and move forward.
The Director General of World Trade Organisation, Pascal Lamy, today urged to speed up the negotiations on the Doha Round as the Trade Promotion Authority in United States is expiring in June.
The United States has approached the World Trade Organisation against India over the high customs duty it imposes on import of wine and distilled spirits.
India is ready to further cut import tariffs on industrial goods for using it as a strong bargaining point in World Trade Organisation negotiations, Commerce and Industry Minister Kamal Nath said on Monday.
WTO Director General Pascal Lamy met Prime Minister Manmohan Singh on Friday and sought concessions from India to revive the stalled Doha Round of negotiations.
The prospects for ministers pushing through an outline deal in the so-called Doha round of trade talks hang in the balance, with the US struggling with scepticism from Congress and its business and farm lobbies.
The chance of ministers meeting next month to push forward the so-called Doha round of trade talks increased yesterday after diplomats said they had made progress on setting goals for the negotiations.
Amid the booming India-China trade, entrepreneurs and experts from both sides discussed bilateral relations and the potential for increased cooperation under the WTO framework, especially in industrial, scientific and technological areas.
A report by international agency Oxfam on Monday flayed rich countries for using World Trade Organisation
