World Trade Organization Director-General Ngozi Okonjo-Iweala, front left, applause next to conference chair Timur Suleimenov, second right, after a closing session of a World Trade Organization Ministerial Conference at the WTO headquarters in Geneva early Friday, June 17, 2022. GENEVA: The World Trade Organization’s 164 members approved a series of trade agreements early on Friday… Continue reading What has the WTO ministerial conference achieved?
Author: Economic Times of India Online News
India has been able to secure favourable outcome at WTO after many years: Piyush Goyal
Piyush Goyal India has been able to secure a favourable outcome at the WTO after many years, despite a strong global campaign against Indian farmers and fishermen, commerce and industry minister Piyush Goyal said here on Friday. He was briefing the media after the conclusion of the 12th ministerial conference — the highest decision-making body… Continue reading India has been able to secure favourable outcome at WTO after many years: Piyush Goyal
India, European Union resume talks for free trade agreement after over 8 years
New Delhi: India and the European Union (EU) finally restarted the negotiations for the long-pending trade and investment agreement on Friday after a gap of over eight years. The negotiations took place in the Belgian capital Brussels, over a year after India and the EU announced to resume the talks for a balanced and comprehensive… Continue reading India, European Union resume talks for free trade agreement after over 8 years
How do interest rates affect the real economy and you?
Indian central bank RBI has hiked interest rate by 90 basis points in the last two monetary policies. In May, RBI raised the repo rate by 40 basis points and further increased it to 50 basis points in June 2022 policy. Faced with the highest inflation in four decades, central banks across the world are… Continue reading How do interest rates affect the real economy and you?
PTC India, Greenstat Hydrogen India ink pact to develop green hydrogen solutions
The areas of development shall include feasibility studies and/or project management services for green hydrogen solutions to potential beneficiaries in India. PTC India Ltd on Friday said it has signed a pact with Greenstat Hydrogen India Pvt Ltd to jointly develop green hydrogen solutions for Indian power market beneficiaries. Greenstat Hydrogen India Pvt Ltd (GHIPL)… Continue reading PTC India, Greenstat Hydrogen India ink pact to develop green hydrogen solutions
Rajasthan CM calls for synergy among departments to reduce road accidents
Transport, police, public works and other related departments should work in full coordination to establish Rajasthan as a model state in road safety management, the chief minister said. Jaipur: Rajasthan Chief Minister Ashok Gehlot on Friday directed the transport, police and other department officials concerned to make all possible efforts to bring down the number… Continue reading Rajasthan CM calls for synergy among departments to reduce road accidents
Group of Ministers fails to reach consensus on GST rate rationalisation
A panel of state ministers on GST rate rationalisation on Friday failed to reach a consensus as some members opposed changes to tax slabs and rates, sources said. The Group of Ministers will, however, present a status report to the GST Council on the consensus which was arrived at the previous meeting of the GoM… Continue reading Group of Ministers fails to reach consensus on GST rate rationalisation
What is circular economy and why is it important for India?
Technology has changed the way we live and work since the dawn of the digital revolution. It works to make our lives easier and better all over the world. In this situation, the growth of electronics has also raised a more serious issue of e-waste. Any waste associated with electric and electronic equipment is known… Continue reading What is circular economy and why is it important for India?
GoM fails to reach consensus on GST rate rationalisation
A panel of state ministers on GST rate rationalisation on Friday failed to reach a consensus as some members opposed changes to tax slabs and rates, sources said. The Group of Ministers will, however, present a status report to the GST Council on the consensus which was arrived at the previous meeting of the GoM… Continue reading GoM fails to reach consensus on GST rate rationalisation
UN chief calls for ending ‘age of fossil fuels’
Antonio Guetteres The UN chief on Friday launched an all-out attack on the fossil fuel industry, accusing it of having “humanity by the throat” and calling on leaders of the world’s major economies to “end the age of fossil fuels.” “The first duty of leadership is to protect people from clear and present dangers,” Antonio… Continue reading UN chief calls for ending ‘age of fossil fuels’