MEA to hold 3-day conference on geoeconomics coming weekend msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Commerce and Industry Minister Piyush Goyal on Tuesday said the minimum support price (MSP) operations being conducted by the country are completely compliant with the rules of the World Trade Organisation (WTO). We have a Peace Clause under which for our public procurement purposes, we are permitted to buy from the marketplace and the MSP operations that we are currently doing are completely WTO compliant, he told reporters. The minister was replying to a question whether MSP is WTO compliant as certain members of the WTO have alleged that the MSP given by India is distorting market conditions and the government has told the protesting farmers that MSP will continue.
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Hero MotoCorp starts distribution of Harley Davidson bikes in India; sets up dedicated vertical
Two-wheeler manufacturer Hero MotoCorp has kicked-off distribution of Harley Davidson motorcycles in India and has set up a dedicated vertical for the same. In an exchange filing on Wednesday, the auto major said that the firm is setting up a separate vertical to operate new business of distributing Harley Davidson products and merchandise in the country. This announcement came several months after finalising the distribution deal with Harley-Davidson.
One in four Indians may have COVID-19, says source citing govt sero survey
About one in four of India s 1.35 billion people may have been infected with the coronavirus, said a source with direct knowledge of a government serological survey, suggesting the country s real caseload was many times higher than reported. India has confirmed 10.8 million COVID-19 infections, the most anywhere outside the United States. But
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NEW DELHI (Reuters) - India on Wednesday defended a new digital tax which faces opposition from big U.S. tech firms such as Alphabet’s Google and Facebook and the United States Trade Representative (USTR).
In its annual budget on Monday, India said a 2% equalization duty on foreign e-commerce companies imposed last year would apply even to companies that do not own the goods or provide the services on their platforms and if any part of the transaction is online, even if it this is only an online payment. “Basically if there is an economic benefit from a certain jurisdiction then there has to be some taxation in that jurisdiction,” Indian Trade Secretary Anup Wadhawan said during a news briefing in New Delhi.