While the US-Iran conflict leading to a spike in global oil prices and trade war between the US and the EU topped the chart with 25 per cent, other major risks to the global economy include coronavirus, debt burdens causing a recess across emerging markets and Hong Kong protests causing an exodus from Asia's biggest financial centre.
New Delhi has not adhered to the recent G-20 assurances that leaders had agreed at the London meeting last month not to impose protectionist measures, the EU claimed.
India on Tuesday said that the European Union must liberalise its visa regime to allow free flow of businessmen and skilled professionals from the country to the continent and was looking forward to the proposed 'Blue Card' initiative to facilitate hassle-free employment of skilled migrants.
The IT department of West Bengal is in the process of negotiations with some animation companies to set up an animation park in Kolkata. The state IT department initiative to set up incubation centres in Kolkata, Siliguri and Durgapur aimed to make West Bengal among the top three Indian IT states in revenue terms by 2010.
On the eve of the WTO Ministerial Conference in Hong Kong, India on Monday asserted it will not be rushed into a global trade deal that displaces millions of its poor farmers.
In a significant move to make the World Trade Organisations trade negotiations to meet the July-end deadline for a Framework Agreement, Trade Ministers of Non-Group 5 including India are meeting in Paris from July10-11.
India's efforts to include services in the proposed Framework on Agriculture and Non-agriculture Market Access have received a shot in the arm with the European Union showing willingness to extend its support.
In a major blow to China's exports, the European Union has announced that it is cancelling some of the advantages enjoyed by Chinese commodities under the generalised system of preferences (GSP) so that other developing countries can also benefit.
India and EU on Monday agreed to resume stalled WTO talks immediately by adopting a flexible approach to narrow the differences on contentious issues like agriculture.
India on Thursday raised the contentious issue of higher GSP concessions to Pakistan with the visiting EU Trade Commissioner Pascal Lamy.\n\n\n\n
European Commission has claimed that its agriculture proposal submitted to the World Trade Organisation is fair and a win-win with sufficient safeguards to protect food security of developing countries including India.
Agriculture will be a 'hot-ticket item' for negotiations at next week's WTO ministerial talks in Cancun where the EU, accused as 'protectionist,' would seek a balance between market opening and preservation of a viable countryside world-wide.
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
On Monday, the EU had temporarily banned imports of Alphonso mangoes, the king of fruits, and four vegetables from India from May 1.
How much are others responsible for the Trump presidency moving in the directions it has, asks T N Ninan.
China continues to hold the top slot.
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.
On gold buying occasions such as Akshaya Tritiya, Chiraj Mehta points out, investors are often confronted with the question: Should I make just a token purchase, or should I buy more towards building my allocation in the yellow metal?
Negotiators from were expected to meet in New Delhi on August 28.
The country has also asked India to further reduce tariffs on goods.
Motherson Sumi, Tata Steel, Jaguar Land Rover will face higher cost.
India's Food Security Act entitles 82 crore people to 5 kg of foodgrains per person a month at Rs 1-3 per kg.
India rejected the proposed interim measure and trade facilitation agreement, risking an outright collapse of the ongoing talks.
Refusing to budge from its tough stand on food security issues, India pressed for a fair and balanced outcome of the WTO ministerial meeting in Bali.
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