Topic
measures
WTO to set up dispute panel in China's case against India's solar, IT goods measures
The WTO has agreed to set up a dispute settlement panel to examine China's complaint that India's tariffs and incentive measures on solar energy and information technology products discriminate against Chinese goods. India had previously blocked China's first request in May, but the second request was accepted at a WTO meeting in Geneva. The panel will assess whether India's measures comply with its WTO commitments.
FM Sitharaman Calls Bond Market Reforms 'First Step,' Signals More Measures to Boost Foreign Capital Inflows
Finance Minister Nirmala Sitharaman described recent measures to attract foreign capital as the 'first step,' indicating further actions are under consideration. The government expanded the Fully Accessible Route for government bonds and granted tax exemptions to foreign portfolio investors, while the RBI introduced swap facilities for FCNR(B) deposits and ECBs. India's forex reserves fell by $711 million to $681.61 billion, and rising global fertiliser prices add to external sector strains.
Commodities Manipur government ensures timely fertiliser availability, promotes organic farming
Manipur Chief Minister Y Khemchand Singh stated the government has taken steps to ensure timely fertiliser availability for farmers, including distribution based on Aadhaar cards and farmer cards. The state is also promoting organic farming with subsidised organic fertiliser 'Oorja' at ₹250 per bag, and currently has around two lakh bags of urea in stock.
Commodities MP Urges Action on Areca Plantation Diseases in Karnataka
Captain Brijesh Chowta, MP from Dakshina Kannada, has urged the Indian government to address leaf spot and yellow leaf diseases affecting areca plantations. These diseases threaten the livelihoods of farmers in Karnataka, with financial constraints hindering effective management.
India's Strategic Measures to Insulate Economy Amid Global Tensions
India's government is set to implement strategic measures to insulate its economy from global conflicts, focusing on stabilizing currency and ensuring supply chain continuity. The measures aim to address challenges from the West Asia conflict and rising oil prices.
RBI's Strategic Moves to Boost Forex Reserves Amid US-Iran Tensions
The Reserve Bank of India has introduced five strategic measures to attract foreign capital and strengthen forex reserves amid the US-Iran conflict. These measures aim to mitigate the impact of rising crude oil prices on India's balance of payments.
India, US Discuss Non-Tariff Measures to Boost Trade
India and the US are negotiating non-tariff measures to strengthen bilateral trade. Discussions include customs and trade facilitation, with a focus on economic security alignment.