'Sullivan and Jaishankar welcomed the cooperation in recent weeks that resulted in deliveries of over USD 500 million in COVID-19 relief supplies from the US federal and state governments, US companies and private citizens across America for the people of India'
Sharma proposes to pass on the 'handover note' to his successor, which as per the poll projections is likely to be from Bharatiya Janata Party-led National Democratic Alliance.
The proposed policy is increasingly becoming an item of negotiation, as the US pushes hard to change India's stance.
Western drugmakers, including Pfizer Inc, Novartis AG, Roche Holding AG and Sanofi SA, covet a bigger share of the fast-growing Indian drugs market.
'If because of El Nino, the monsoon is affected adversely in the current year, naturally it will affect income projections and consequently Budget numbers.'
Talking tough, India on Friday threatened to drag the European Union to the World Trade Organization if the 28-nation bloc did not lift its ban on the import of Indian mangoes and vegetables.
The US side had pushed for removal of price caps on medical equipment such as coronary stents and a commitment by India to reduce trade imbalance
Pakistan had promised to grant this status, mandatory under global trading rules, to India in December 2012.
India believes rich nations should be away from farm subsidies.
The differences between the rich and developing nations have always been at the core of the World Trade Organisation, set up in 1995 to facilitate greater trade flows across the world, and it came as a major breakthrough when the US and India reached a deal over food security issues in 2014.
Biden expressed the support of the US to India in a telephonic conversation with Prime Minister Narendra Modi, during which the two leaders discussed the pandemic situation in their countries, including India's ongoing efforts to contain a second wave of COVID-19 through expedited vaccination efforts, and ensuring supply of critical medicines, therapeutics and medical equipment.
New Delhi to push for services trade facilitation & food stockpiling.
Showing respect to the Indian flag, Prime Minister Narendra Modi on Wednesday immediately picked up the tricolour placed on stage at a BRICS meeting here to mark the standing place of every leader so as not to step on it.
Every twist and turn in KMC's civil service career is attributed to serendipity, an aptitude for making desirable discoveries by accident. He plays down his capabilities, which took him to the top of the civil service as the Cabinet Secretary or his misfortune in losing a daughter in her prime and suggests that his career was indeed serendipitous, observes Ambassador T P Sreenivasan.
The government on Wednesday unveiled the FTP for 2015-20.
Minister of State for Commerce and Finance Nirmala Sitaraman, in Mumbai to address election rallies, took time out to talk about the economy, foreign investment and trade facilitation.
So far, WTO members have jointly respected and honoured the Bali commitments.
India and the US are engaged in Geneva, the WTO headquarters, to sort out the food stockpiling issue and end the stalemate.
Indian policymakers must realise that in buying small quantities of equipment, it becomes hard to start manufacturing them in India, explains Ajai Shukla.
Should we not stop uncritically celebrating NRIs' elevation without regard to what kind of companies they are getting to run, and the nature of their products or business practices, asks T N Ninan.
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Indian-American economist Arvind Panagariya has said that he is "honoured" to be appointed by Prime Minister Narendra Modi as the first Vice Chairman of the newly created NITI Aayog, which replaces the 65-year-old Planning Commission.
As hard bargains continue for the next four days at the picturesque tourist resort of Indonesia, the ministers., including from the influential developed countries will try and reach agreements on providing windows to the developing nations for their food security programmes and a pact to free the global trade from the procedural hassles at the customs.
India had been engaged in a contentious battle with the US over the issue, especially in the pharmaceutical sector.
Emphasising that various issues are on agenda at the G20 under India's leadership.
Former Union minister Suresh Prabhu would be India's Sherpa at the 14th meeting of the world's top economies in Osaka, Japan.
China, Indonesia ready to agree to a four-year interim solution.
A visibly elated Sharma said the decision gave India complete protection even if it breached the food subsidy limit under WTO rules
The 10th ministerial conference, will be held at Nairobi, Kenya.
In the Rome Declaration, the G20 leaders thanked healthcare and frontline workers, international organisations and scientists for their relentless efforts to cope with the deadly COVID-19 pandemic.
The five-nation grouping BRICS on Tuesday resolved to combat terrorism in all its forms and manifestations, including the cross-border movement of terrorists, and vowed to step up joint efforts in building support for an India-backed global framework to effectively deal with the menace.
The government on Friday put on hold the preferential market access (PMA) policy that provided for sourcing of sensitive telecom and electronic equipments and technology from domestic manufacturers over security concerns.
Govt mulls raising duty on non-essential goods with annual import bill exceeding $1 billion
Dispute over IPR was a bone of contention in bilateral ties till a couple of months ago.
Pro-growth economist Arvind Panagariya has been appointed as first vice-chairman of the newly announced NITI Aayog, which has replaced the Planning Commission.
August 23, the day the Chandrayaan-3 lander touched down on the lunar surface, would be celebrated as 'National Space Day'.
The US hails the landmark 'India-Middle East-Europe Economic Corridor' which will usher in a new era of connectivity from Europe to Asia and will stimulate economic growth across the two continents.
Arvind Subramanian, a senior fellow at the Peterson Institute for International Economics, was informally recommended to the post by Finance Minister Arun Jaitley.
In the document, Russia underlined that it will build on a privileged strategic partnership with India with a view to enhance and expand cooperation in all areas on a mutually beneficial basis.
India rejected the proposed interim measure and trade facilitation agreement, risking an outright collapse of the ongoing talks.
He underlined that Lok Sabha election results in India show that the Modi government kept alive and strengthened the 'expectation of change' in the country.
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