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Narendra Modi's WTO stand is a far cry from UPA's weak trade policies

Aug 01, 2014

Narendra Modi's WTO stand is a far cry from UPA's weak trade policies

Through this bold decision, in which the the 31 July deadline for the Trade Facilitation Agreement (TFA) has lapsed, India has told the US and the EU that its primary concern is its hungry poor and not their goodwill. Without agreeing to safeguarding their food interests, India cannot agree to a treaty aimed at maximising (mostly) rich countries exports. #UPA #US #InMyOpinion #Food security #WTO #Trade Facilitation Agreement #Modi's WTO stand
WTO standoff India shrugs off blame, says still committed to TFA

Aug 01, 2014

WTO standoff India shrugs off blame, says still committed to TFA

Commerce Secretary Rajeev Kher said the WTO would be on vacation for a month and during this time, India would focus on follow up action. #India #World Trade Organisation #TheySaidIt #Food security #trade #WTO #Rajeev Kher #TFA #Global customs deal
India stands ground on food security, blocks WTO trade reforms

Aug 01, 2014

India stands ground on food security, blocks WTO trade reforms

WTO ministers had already agreed the global reform of customs procedures known as "trade facilitation" last December, but it needed to be put into the WTO rule book by 31 July. #India #NewsTracker #World Trade Organisation #Food security #Veto #International Chamber of Commerce #trade facilitation #Trade reform #Standardise Custom Rules
US disappointed over India's stand on TFA

Jul 26, 2014

US disappointed over India's stand on TFA

India is asking for a change in base year (1986) for calculating food subsidies. The US gives about $120 billion as farm subsidy compared to India's $12 billion. #India #US #Narendra Modi #NewsTracker #Food security #Trade Facilitation Agreement #Michael Punke
WTO EU, Aus-led group unite against India over Trade Facilitation Agreement

Jul 26, 2014

WTO EU, Aus-led group unite against India over Trade Facilitation Agreement

Unconvinced by India's line that it will not sign the TFA at WTO, a large block of global powers have joined hands against New Delhi. #India #Australia #NewsTracker #European Union #World Trade Organisation #Food security #EU #WTO #Trade Facilitation Agreement #TFA

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Rupee at 68: Why RBI should reverse its illogical measures

Aug 28, 2013

Rupee at 68: Why RBI should reverse its illogical measures

The RBI has no reason to continue with its tight liquidity policy that it introduced on the 15 July when the rupee was trading at levels of around 60. #BSE Sensex #InMyOpinion #PolicyWatch #Food Security Bill #Bond market #Indian rupee #Syrian crisis #RBI policies
Intellectual gluttony: Why is it ok to subsidise gold and not food?

Jul 23, 2013

Intellectual gluttony: Why is it ok to subsidise gold and not food?

Why do we balk at food subsidy for the poor when we accept every other form of subsidy for the rich - from diesel to power to education? #Economy #India #Amartya Sen #Food security #Subsidy #Gold Duties

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Intellectual gluttony: Why is it ok to subsidise gold and not food?

Jul 03, 2014

Security Fee May Send Airfares Higher

A security fee may send airfare prices soaring, and a Consumer Reports survey takes a bite out of fast-food chains. On the last trading day of the week, Wall Street is focused on jobs. The non-farm payroll report for June was released a day earlier b... #Taco Bell #Consumer Reports #Wall Street #Yum! Brands #NYSE #Transportation Security Administration
Intellectual gluttony: Why is it ok to subsidise gold and not food?

Jul 31, 2014

Target chooses ex-PepsiCo executive as next CEO

Target Corp. hired Brian Cornell as chief executive, choosing the former head of PepsiCo Americas Foods to take the job after Gregg Steinhafel was ousted after a hacker attack and a botched expansion in Canada. Cornell, who left PepsiCo Inc. effectiv... #Canada #Wal-Mart #PepsiCo, Inc. #Kmart #Sears Holdings Corporation #Wall Street Journal #Frito-Lay
Intellectual gluttony: Why is it ok to subsidise gold and not food?

Jul 31, 2014

India puts GM crop trials on hold

BJP-led government gives in to demands from nationalist RSS to not surrender countrys food security to foreign companies The battle over testing of genetically modified crops in India took a new turn this week with the Bharatiya Janata party-led gove... #India #Bharatiya Janata Party #Indian National Congress #Narendra Modi
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