"The EU economy will emerge from recession in the second half of this year, although for 2009 as a whole, GDP is still set to fall by some four per cent."
Jammu and Kashmir chief minister, Omar Abdullah has urged the European Union Commission to use its influence for withdrawing the adverse travel advisories issued against visiting Kashmir.
The EU blacklist was drawn up late in 2001, following the September 11 attacks in New York and Washington and is revised regularly.
The EU's assistance comes as part of its 'strategic partnership' with India and will be made available by the European Investment Bank to ICICI Bank in the first-ever cooperation between the two financial institutions.
EU authorities made a last-minute offer to salvage a bailout deal that could keep Greece in the euro as the clock ticked down on Tuesday, with Germany warning that time had run out to extend vital credit lines to Athens.
The team originally comprised 27 parliamentarians, mostly from extreme right or right wing parties, but four did not travel to Kashmir and have reportedly returned to their respective countries, officials said.
British Prime Minister Rishi Sunak on Monday sacked his Indian-origin Home Secretary, Suella Braverman, and replaced her with James Cleverly, while former premier David Cameron, in an unusual move, is back in the frontline government as the new foreign secretary.
A healthy growth in India's services segments has helped the country's total exports and imports of goods and services to cross the $800 billion mark during the first half of 2023, despite a slowdown in global demand, think tank GTRI said in a report on Monday. According to the analysis of the Global Trade Research Initiative (GTRI), exports of goods and services rose by 1.5 per cent to $385.4 billion during January-June this year, as against $379.5 billion in January-June 2022. Imports, however, dipped by 5.9 per cent to $415.5 billion during the six months of this year, as against $441.7 billion in January-June 2022.
Serie A clubs will be allowed to sign two non-European Union players per season instead of the current one, the Italian soccer federation (FIGC) said on Tuesday.
The tightening of stock exchange laws in the European Union may affect Indian companies going for overseas listing of their equity and debt issues, as they have to mandatorily stick to one country for all future fund raising activities.
It said it looked forward to the consolidation of the ties through the ongoing composite dialogue 'in an atmosphere free from the menace of terrorism and violence'.
After a stellar run on the bourses that saw tractor stocks rise up to 52 per cent, analysts are turning cautious on the sector as muted demand trends may weigh in the near-term. Total volumes in the tractor segment for the last three quarters of the current financial year (9MFY24) have remained weak with VST Tillers, Escorts Kubota, and M&M seeing declines of 21 per cent, 5 per cent, and 3 per cent year-on-year (Y-o-Y), respectively, during the period, amid patchy rainfall, delayed crop harvest, and lower reservoir level. Across industry, total domestic sales volume so far in the current financial year (April '23 to January '24) has declined 5 per cent Y-o-Y, as per Tractor Manufacturers Association (TMA).
Agreeing to resist protectionism in global trade, India and the European Union announced reaching the final stage of a trade and investment opening pact, billed as one of the largest bilateral agreements.
On March 15, France imposed financial sanctions on Azhar.
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.
Pakistani teenage activist Malala Yousafzai, who survived a Taliban assassination attempt last year, on Wednesday received the EU's Sakharov human rights prize at a ceremony in Strasbourg.
The proposed India-European Union free trade agreement (FTA), which seeks to liberalise trade in goods and services, could be materialised by this year, EU Ambassador to India Joao Cravinho has said.
India was on Friday guarded in its reaction to European Union farm ministers' 'historic' accord to reform its disputed Common Agricultural Policy.
UK and Sweden have asked the European Union to set up bigger and "more political" embassies in India, China and Pakistan to strengthen its relationships with these Asian countries.
Negotiators from the two sides will meet in July either at Brussels or Geneva, additional secretary in the commerce ministry D K Mittal told PTI.
Noting India's need to raise power generation capacity to four lakh MW by 2030, President A P J Abdul Kalam on Wednesday sought 'intensive cooperation' with the European Union in the field of energy, including nuclear, to help achieve the goal.
In a move, which could impact Indian textiles exporters, European Union is considering modelling its 'Rules of Origin' for imports on the lines of that present in the United States.
Demanding immediate withdrawal of the permission given to a diplomatic delegation from European Union to visit Orissa's riot-hit Kandhamal, the Vishwa Hindu Parishad on Sunday said the trip could trigger fresh tension in the district."The proposed visit of the EU delegation should be cancelled forthwith and the Orissa government must withdraw the permission granted for the purpose," said VHP state secretary Gouri Kumar Rath.
The Blue Card plan, if passed, would allow suitably qualified people and their families to live and work within the EU. The EU says it needs 20 million skilled workers over the next two decades and is very short of expertise in engineering and computer technology.
A senior European Union representative said here on Tuesday that the body would soon change its Customs laws to address the issue of seizures of Indian generic drug shipments while en route for export to other countries.
The European Parliament in Brussels witnessed acrimonious exchanges between some of the pro-Pakistani members and the rapporteur of the report on Kashmir during the debate on the compromise amendments to the draft report.
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Trade ministers and diplomats from around 130 countries are participating in the four-day meeting that started on Tuesday.
The UK Hindu organizations are urging the European parliament to adopt the report in its entirety, without making any of the 400 and off amendments sought by the Pakistan government.
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.
While keeping their options open, the United States and European Union have signaled that talks with Iran over its nuclear programme could resume, for the first time in more than a year, after Tehran dropped its pre-conditions to a dialogue.
World's costliest rice, Indian basmati, may lose the tariff concession it gets in the European Union if the region's latest draft on new rice import regime is made into a law
