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
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."
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.
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.
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
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.
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.
The silver lining for India's presidency is likely to be the support by almost all G20 countries to its proposal to include the African Union as a permanent member of the bloc that has emerged as perhaps the most influential multilateral forum after the United Nations.
After the European Union, Taiwan could take India to the World Trade Organisation with regard to its anti-dumping measures.
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.
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
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.
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.
There is no proposal under consideration to give India the Most Favoured Nation status, Pakistan Commerce Minister Khurram Dastgir Khan has said.
India and Brazil have opposed tooth and nail the tariff reduction formula proposed by United States and European Union at the World Trade Organisation with the just concluded agriculture negotiations ending without making any headway.
