The Bill shall propose the re-introduction of certain direct tax benefits, under which units set up in these development hubs shall attract a 15 per cent corporate tax until 2032
India's failure to become a major trading nation has made it treat international negotiations as an irritant
According to the minister, India has a number of Covid vaccines and can help other developing countries to make vaccines
The rupee ended the day at 77.98 to a dollar against a close of 78.07 on Friday
Here are the top BS Opinion articles of the day
The current practice of not imposing Customs duties on electronic transmission will continue till the next ministerial conference (MC13) to be held towards the end of December 2023
WTO experience highlights India's less-than-coherent approach towards trade
Outcomes for India were mixed
Piyush Goyal said perhaps this was the first ministerial where India set the agenda. "We were on the front foot. We were telling other countries what needs to be done"
Serum Institute says while patent waivers for Covid-19 vaccines are 'encouraging', demand for vaccines today is declining
The four-day meeting was extended by a day
The prospect of ending the moratorium, which has exempted data flows from cross-border tariffs since 1998, had raised major concerns among businesse
Negotiations on fisheries are going on and members are quite close to a deal with carve-outs for India and other developing countries, said an Indian trade negotiator on condition of anonymity
"A deliberate breach, or even an intention to do so, would be to suspend the provisions of the code to suit a political end," Geidt said in his letter to the PM. "I can have no part in this."
Pushes for reforms in appellate body, which is currently non-functional
India wants to protect subsidies of several million low-income, poor traditional fishermen as it is a matter of livelihood for them
Addressing a meeting with co-sponsors of TRIPS waiver proposal, union minister Piyush Goyal said that the way nitpicking is being done by some countries, it only reflects their insincerity
Twenty months ago, India and South Africa had urged WTO member nations to agree to temporarily waive some sections of TRIPS to ramp up production of vaccines, and diagnostics to combat Covid
The meet takes place under the shadow of global inflation, supply chain disruptions, lingering pandemic, slowing growth momentum, and the Russia-Ukraine war
India ramped up its supplies of medical products to different countries to deal with Covid, but WTO could not react with alacrity and members need to bow their heads in 'shame', Piyush Goyal said