World Trade Organization (WTO)
16 Feb 2021
Okonjo-Iweala becomes first woman and first African to lead WTO
On Monday, Nigeria's Ngozi Okonjo-Iweala, 66, was appointed to head the World Trade Organization, becoming the first woman and first African to take on the role amid disagreement over how the body decides cases involving billions in sales and thousands of jobs.
17 Dec 2020
Now, UK and US are eyeing a mini trade deal
In its final days, the current United States administration, led by outgoing President Donald Trump, is trying to ink a mini trade deal with the United Kingdom that would reduce trade tariffs, reports BBC.
03 Sep 2020
China strongly opposes India's app ban; asks to 'correct mistake'
After India banned several Chinese mobile applications, China has said that it strongly opposed the move. China's Commerce Ministry on Thursday urged India to "correct its mistakes."
26 Jun 2020
US shifting troops to counter Chinese threat to India, others
The United States could have a role to play in the ongoing Indo-China conflict, as Secretary of State Mike Pompeo said on Thursday that the country was reviewing the position of its troops in Europe to face the threat which People's Liberation Army poses to Asian countries like India, Vietnam, Indonesia, Malaysia, and the Philippines, as well as South China Sea.
20 Apr 2020
China slams India's new 'discriminatory' FDI policy; seeks revision
China on Monday said that India's new Foreign Direct Investment (FDI) policy is violative of international norms of free and fair trade.
14 Aug 2019
India, China not developing, but developed nations: Donald Trump
United States President Donald Trump said India and China were no longer "developing countries" and were taking "advantage" of the tag given by the World Trade Organization (WTO).
26 Jun 2019
Certain topics eliminated from November CA final exam syllabus
As per several reports, the Institute of Chartered Accountants of India (ICAI) has released a list of topics that will be excluded from the Chartered Accountant (CA) Final exam, which is scheduled in November 2019.
24 Feb 2019
Indo-Pak bilateral trade posted growth despite border tensions: Report
The volume of trade between India and Pakistan posted a growth of nearly 5% in the first seven months of the current fiscal year from a year ago, despite border tensions, states a media report today.
16 Feb 2019
US, Canada move WTO against India for 'under-reporting' of MSP
The US and Canada yesterday said they have jointly approached the World Trade Organization (WTO) against India for allegedly "under-reporting" market price support (MSP) for five varieties of pulses and have submitted their own steeper calculations for scrutiny of members.
22 Oct 2018
#CareerBytes: List of important topics for UPSC exam
The UPSC Civil Services exam is one of the toughest in India, thus thorough preparation and solid determination are vital to crack it.
17 Oct 2018
US Senator urges Trump to name China as 'currency manipulator'
Expressing concerns over China's currency actions, a top American Senator has urged US President Donald Trump to name Beijing as a "currency manipulator".
14 Oct 2018
US Senators write to Modi on India's data localization policy
Two top American Senators, John Cornyn and Mark Warner, have asked Prime Minister Narendra Modi to adopt a soft stance on data localization, warning that India's policy on the issue will adversely affect American businesses in the country.
19 Sep 2018
China rebuilt itself with money drained out of US: Trump
China rebuilt itself with the "tremendous amount" of money pouring out of the United States, President Donald Trump claimed on Wednesday, amid the ongoing trade war between the two nations.
08 Sep 2018
Trump wants to stop subsidies to growing-economies like India, China
US President Donald Trump yesterday said he wants to stop the subsidies that growing economies like India and China have been receiving as he wants the US, which he considers as a "developing nation", to grow faster than anybody.
13 Aug 2018
Under NDA, imported apples, TVs and smartphones are getting costlier
The NDA government's import policy has undergone a marked change: customs duties have been hiked across categories, affecting more than 400 items.
28 Jun 2018
US: Postponement of 2+2 meeting with India not over trade-disputes
Despite repeated false accusations, rhetoric, and retaliatory trade policies, the US, on Wednesday, said that the postponement of the inaugural 2+2 meeting between its foreign and defense ministers with their Indian counterparts had "nothing to do with trade, sanctions or policy issues".
27 Jun 2018
Trump admin calls retaliatory tariffs by China, India, EU unjustifiable
Retaliatory tariffs imposed by the European Union, China, India, Turkey, and other countries on US exports are "completely without justification" under international norms, the Trump administration said.
21 Jun 2018
India hits back at US, hikes customs-duty for 29 items
India has increased customs duty on 29 products, including pulses and iron and steel products, imported from the US as a retaliatory action against the tariff hike by Washington.
12 Jun 2018
Harley Davidson tariffs, GSP to be discussed in Indo-US talks
After a long-drawn tension between the US and India over trade disputes, Commerce Minister Suresh Prabhu and US Trade Representative Robert Lighthizer are set to discuss terms in Washington.
18 Mar 2018
Indian diplomats in Pakistan being "followed, threatened, spied on"
Diplomatic tension between India and Pakistan reached a new high as the latter pulled out of the WTO ministerial meeting scheduled in New Delhi next week.
17 Mar 2018
The blame game: India-Pakistan bilateral ties under strain once again
Pakistan on Friday withdrew participation from the World Trade Organization's ministerial meeting in India on March 19-20, striking another blow on ongoing diplomatic standoff between the two nations.
17 Mar 2018
US: Trading concerns to cause "most friction" in India-US ties
The thorny issue of trade in India-US ties is set to become even more prickly after US President Donald Trump railed against import taxes imposed by India, and challenged a bunch of Indian export subsidies at the World Trade Organization (WTO).
05 Mar 2018
War of words on trade between Trump and EU intensifies
US President Trump is stepping up his war of words on trade tariffs, and has threatened to "apply a tax" on car imports from the European Union.
02 Mar 2018
US steel-curbs won't hit India, but others to be hurt
US president Donald Trump has announced steep tariffs on steel and aluminum imports. The formal declaration of 25%-tariffs on imported steel and 10%-tariffs on imported aluminum will probably be made next week.
13 Dec 2017
WTO: India 'deeply disappointed' over US' food security stance
India has expressed "deep disappointment" at the ongoing eleventh ministerial conference (MC11) of the World Trade Organization (WTO) over the decision by a "major member country" to renege on its commitment to finding a permanent solution to the public food stockholding issue.
06 Aug 2017
Rajiv Kumar becomes NITI Aayog's new VC
Economist Rajiv Kumar has been appointed as NITI Aayog's new vice-chairman by the Centre on Saturday.
01 Aug 2017
NITI Aayog Vice Chairman Arvind Panagariya resigns
NITI Aayog Vice Chairman Arvind Panagariya resigned from his post on 1st August. In the next phase, he will return to Columbia University in the US as professor of economics.
13 Jul 2017
EU formally approves Ukraine association under frowning Russia's watch
After years of wading through political turmoil, 28 EU member states formally ratified the EU-Ukraine Association agreement.
26 Feb 2017
India says WTO is raking up controversial new issues
India accused WTO of raking up new issues like e-commerce and investment facilitation, despite opposition from large majority of members.
13 Feb 2017
Aziz: Pak seeks friendly ties with US
Sartaj Aziz clarified that Pakistan seeks to establish warm and friendly ties with the Trump administration. He said Nawaz Sharif's phone call with Trump was very productive and a step in that direction.
08 Feb 2017
Trump may treat India and Pakistan equally: Chinese newspaper
According to a Chinese state-run daily, President Trump may follow balanced strategies towards India and Pakistan, unlike predecessor Barack Obama who adopted "pro-India" policies in his final years.
06 Jan 2017
Pak releases 218 Indian fishermen as goodwill gesture
Pakistan released 218 more Indian fishermen who had strayed into Pakistani waters as a goodwill gesture; so far, 439 Indian fishermen were released in the last 10 days.
22 Dec 2016
Amazon: Not rattled by Flipkart, Ola protectionist call
A fortnight after Indian start-ups Ola and Flipkart sought government help in battling foreign rivals, Amazon's India chief stated that they were not hindered by the talks.
08 Dec 2016
Chinese media: Trump may use India to balance China
A Global Times report titled 'Trump may be cool to alliance with Delhi' suggested that president-elect Donald Trump may increase Indo-US defence co-operation to "suppress" China.
07 Dec 2016
No change in Pakistan's MFN status
The Commerce and Industry Minister, Nirmala Sitharaman, confirmed that Pakistan continues to enjoy 'Most Favoured Nation' (MFN) status and so far there has been no decision to review it.
06 Dec 2016
Trump, Gore discuss Climate Change
President-elect Donald Trump met Al Gore at Trump tower in New York and is said to have discussed 'Climate Change' at length.
06 Dec 2016
Punitive tax for US firms moving abroad: Trump
US President-elect Donald Trump has threatened American firms with dire consequences if they move abroad and still hope to sell products in the US; he has proposed a 35% punitive tax.
05 Dec 2016
Sharif may attend Trump's swearing-in
Sources said that Pakistani Prime Minister Nawaz Sharif is keen to attend Donald Trump's swearing-in ceremony at Washington in January.
01 Dec 2016
Trump team issues clarification on Trump-Nawaz conversation
President-elect Donald Trump's team has issued a clarification over Pakistan's version of the conversation Nawaz Sharif had with Trump.
25 Nov 2016
Indian IT sector worried over Trump's policies
The Indian IT-sector is getting jittery over the implementation of Trump's campaign promises; he had stressed on prioritizing jobs and wages for US workers and also cap the number of H-1B visas.