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The rupee has fallen almost 20 per cent in the first four months of FY14, forcing the government to consider raising import duties on gold and non-essential luxury items.
According to the final draft of the negotiating text circulated by WTO Director-General Roberto Azevedo among trade ministers of the 159 member countries on Wednesday night, on public stockholding for food security purposes, a developing country like India can provide subsidies for farm support even if those exceed the permissible 10 per cent cap.
The Indian government has demanded that the year be changed to a more recent period, taking into consideration the rise in food prices and rate of inflation.
During a meeting with Putin in Samarkand, Modi had told the Russian leader that "today's era is not of war".
Stating that open markets mean more opportunities, Modi said during the last six years the government has made many efforts to make the Indian economy more open and reform oriented.
Unlike India, the US is a free-pricing market.
'Only then will we withdraw the agitation.'
Even as the industrial cycle has ground to a halt during the 21-day lockdown, the industry has been hit hard by foreign orders from major clients in the US and Europe being cancelled. Also, a sudden lack of labour has crippled the sector because of a mass exodus of workers from industrial units to the hinterland.
US congressional leaders on trade and finance wrote to the US International Trade Commission calling for a second investigation into India's 'unfair' trade practices, detailing any changes under Modi.
More important is to diversify the country's farm production base.
'But he was very quick and did a very stylish adab.' 'Of course, I didn't expect him to hug.'
India will have the presidency of the BRICS' $100 billion New Development Bank for six years with headquarters in China that will become operational in about two years, a major step for reshaping the international financial system dominated by the West.
Cheap equipment imports, especially from China, is a major reason for falling tariffs in solar tenders
Their research paper on aid by rich nations got leaked
Investors expect more investment-friendly policies opening up more sectors for foreign direct investment
'It is quite natural for our farmers to go for rice and cane when both power and water are almost free.'
Critics have even suggested that India is doing this because it is not prepared to take on the requirements of TFA, with a relatively weak trade infrastructure.
India has been opposing the pact as ITA will only benefit the country when its domestic manufacturing is robust.
oreign Policy magazine named him as one of the world's top 100 global thinkers in 2011.
The means to do so via an expanded Aadhaar system is easily at hand, too.
There is growing alarm at the inexorable rise of China, both of its military prowess and its aggressive bullying of other countries plus its subjugation of whole portions of its own population.
The biggest lesson China can teach India is that when it comes to sustaining a love affair with investors, nothing works better than an undervalued currency and its by-product: a current-account surplus.
'So far as supervision is concerned, there are enough powers but to take action on public sector banks, consultation with the government is needed.'
Delhi Chief Minister Arvind Kejriwal announced that primary schools will be closed from Saturday in view of spike in pollution levels in the national capital.
Special Economic Zones are likely to be central to realising Prime Minister Narendra Modi's ambitious Make in India agenda.
As Commerce and Industry Minister Anand Sharma ruled out any possibility of a compromise, whispers were already being heard of a possible collapse of the talks.
The two countries, among the very few fast growing large economies globally, also decided to boost bilateral trade and investment in areas of oil and gas, renewable energy, IT and pharmaceuticals, during talks between Prime Minister Narendra Modi and Indonesian President Joko Widodo.
Three million tonnes of buffer stock, where the government bears the interest and insurance cost, was announced by the Centre only for a year and that period is ending in June.
Under the current administration, political attitudes toward IP seem to have improved.
Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in every sector for the benefit of global stability and people's livelihoods over the next ten years.
Biden has reiterated America's support for India's permanent membership on a reformed UNSC and its entry into the NSG during his first in-person bilateral meeting with Modi at the White House.
Nirmala Sitharaman's messaging was clear when she presented a well-balanced Budget with an eye on state elections in nine states followed by a general election next year, observes Ramesh Menon.
In an interview with Nayanima Basu, the DG lauds the efforts of Indian negotiators in bringing the deal on the table.
Country's economic growth at 9% requires exports to rise by around 20%, says NSC chairman Pronab Sen
In the run up to three years of the National Democratic Alliance government, Minister of State for Commerce and Industry (Independent Charge) Nirmala Sitharaman says it is time to consolidate some of the major initiatives as well as take new steps.
Had it not been for the intellectual dominance and political legitimacy of the Leftist philosophy since 1970, would EPW have become what it did? After all, there were other more established journals around then, says T C A Srinivasa-Raghavan.
PM Modi seems to be gradually ending India's strategic ambiguity
Union Minister Maneka Gandhi has expressed concern about India being the world's largest beef exporter and claimed that the money from illegal animal slaughter was used for perpetrating acts of terrorism.
Panagariya has advocated a more liberalised spending, arguing that greater capital expenditure could relax some of the infrastructure bottlenecks facing the country.
Narendra Modi's pay-off from relaxing labour laws would be huge.
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