Portugal will have to pay an interest rate of 5.7 per cent on the loan from the EU and the IMF.
Modi told the delegation that urgent action was needed against those supporting and sponsoring terrorism.
Says it is ready to show flexibility on all major issues
Coca-Cola India said on Monday it complies with all "relevant EU norms" while manufacturing its bottled water brand Kinley.\n\n\n\n
The SAARC nations have been more pragmatic than their peers in the ASEAN and EU, indicated an official source on the eve of the 17th SAARC Summit to be held in Male on November 10-11, even as Prime Minister Manmohan Singh left for Maldives for the SAARC Summit on Wednesday.
Falling sugar production in the European countries would provide an excellent opportunity for Indian sugar exports to the European Union market, says a top government official.
Asserting that trade had to play a central role in the partnership between India and EU, Commerce Minister Kamal Nath said there was a need for a liberal regime for free movement of "natural persons"
India was apprehensive because EU was pushing for data exclusivity provisions that would have affected domestic pharma companies.
A delegation of European Union observers was on Monday allowed by the Chhattisgrah high court to witness proceedings on rights activist Binayak Sen's appeal against his life term in a sedition case, which his lawyer and Bharatiya Janata Party member of Parliament Ram Jethmalani termed as "political persecution".
Union minister Smriti Irani reacted furiously to the Congress leader's barb at the prime minister over the Rafale purchase and the tense situation in Manipur.
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.
A high-level meeting between the two sides will be held in New Delhi from Monday on the comprehensive economic agreement which aims at eliminating trade barriers to enhance commerce between India and the EU.
India's real estate market is poised for growth across categories - residential, commercial, and rental. Currently valued at Rs 24 trillion, or about $300 billion, it is projected to surge to $1.3 trillion by 2034, and then grow further to $5.17 trillion by 2047, indicates a report by the Confederation of Real Estate Developers Associations of India (Credai).
Despite discounts on Russian crude oil - which fell to the lowest since the Ukraine war began - and the rising sanctions, import volumes from the country will remain stable for now or at least till July, said refinery officials. "There is an appetite for Russian crude, and shipments are not expected to taper off beyond this point unless something major happens. "Talks are on, and buying will continue," an official at a major refinery said.
Chief Minister Minister Mufti Mohammad Sayeed assured the team was free to meet whoever they want as\n\nthe government believed in transparency.
Returning home after a five-day high-profile state visit to China, Maldives President Mohamed Muizzu on Saturday struck a defiant note saying that his country may be small but 'doesn't give them the license to bully us'.
India and European Union will discuss issues of mutual interest during the first joint industrial energy conference in New Delhi next month.
The govt is likely to propose to the EU that it will validate security procedures in its airports before allowing passengers to carry duty-free goods to India. This is in retaliation to a similar proposal made by EU last year, which led to protests from companies operating duty-free shops in India. EU officials would have to validate the security systems at Indian airports before allowing transit passengers to buy at duty-free shops here, resulting in dispute between the two.
At a time when Narendra Modi is reaching out to cross-section of people nationally and internationally, the European Union on Thursday stressed on the 'accountability' for the 2002 Gujarat riots, maintaining that the matter was of 'interest' to everyone.
The report reads like a 'harangue on Pakistan, misrepresenting our position in sharp contrast to unquestioning endorsement of Indian stand point.'
In the first visit by a foreign delegation, a team of 23 MEPs travelled to Kashmir in October on a two-day visit to have a first-hand assessment of the situation after the state's special status was revoked in August by abrogating Article 370.
Seeking to provide a "new dimension" to their otherwise "neglected" relations, the European Union said on Monday it is committed to expand its ties with India beyond trade and commerce to include issues of security and terrorism. "Not only in terms of trade, the EU is seeking fruitful dialogue with India on security, terrorism and climate change, apart from greater cooperation in energy security, cultural and people to people exchange," Graham Watson.
The European Union may back off from its insistence on including non-trade issues like human rights in the proposed free trade pact with India.
French hospitality at its best at a state dinner in honour of China's President Xi Jinping and his wife Peng Liyuan at Elysee Palace, Paris.
The BSA Gold Star is launched....Ola Enters e-motorbikes Biz... Bajaj, TVS To Enter e2Ws Market...
Geopolitical headwinds leading to lower demand from export markets, coupled with lower domestic buying, have dragged the auction average of Darjeeling tea to its lowest level since 2015. Data from Calcutta Tea Traders Association (CTTA) shows that the average price of Darjeeling tea at Kolkata auctions for January-December 2023 was Rs 319.74 per kg. The last time it dipped below this level was in 2015 at Rs 285.71 per kg.
India is giving priority to boost trade with European Union and foresees no difficulty in signing a free trade and investment agreement with EU, notwithstanding wide differences between the two sides in the WTO over the Doha Round of trade talks. India and EU are negotiating a free trade and investment agreement aimed at phasing out and eliminating import duties on a large number of trade items.
India and the European Union (EU) have begun discussions to resolve the ongoing dispute over the seizure of Indian generic drugs consignments in transit at European ports. Lutz Guellner, spokesperson for the European Trade Commissioner, told Business Standard that a meeting of the EU-India Joint Customs Cooperation Committee held in New Delhi on Thursday proved "constructive" with an "open discussion of the issues" taking place.
"The Nazi Party started using a Hindu symbol and abused it. That's not the fault of the Hindus. For us swastika is a sacred symbol implying peace and prosperity."
India would have to put at least 10 percent of scientific, managerial and industrial inputs in the project.
On the eve of the two-day summit in Brussels, Merkel renewed her rejection of euro bonds as 'wrong and counterproductive.'
Gangster Abu Salem, who survived bid on his life in a Navi Mumbai jail last month, will move the European Union seeking execution of the order canceling his extradition to India issued by the Portuguese constitutional court.
The Greece package is aimed at rescuing foreign investors and delays the inevitable "rolling crisis" in that country
