DSB
Major crisis in Delhi imminent if 'adequate' water not released in Munak Canal: Atishi to Haryana CM
Delhi is supposed to receive around 1,050 cusec water at Munak, but the supply has reduced, Atishi said. "With the water from Munak Canal reducing to 840 cusecs, Delhi will be unable to produce adequate water from our seven WTPs."
Delhi Minister Atishi seeks emergency meeting with LG over water situation
Delhi Water Minister Atishi seeks emergency meeting with Lt Governor V K Saxena over inadequate water released by Haryana via Munak Canal for Delhi's water supply. Delhi is supposed to receive 1050 cusecs of water from Munak Canal through CLC and DSB sub-canals, reduced to 840 cusecs, affecting 7 Water Treatment Plants. Atishi requests intervention from the Central Govt.
Why reforming the WTO dispute settlement mechanism is imperative
The 13th Ministerial Conference of WTO in Abu Dhabi renewed commitment to a well-functioning Dispute Settlement Mechanism (DSM) by 2024, crucial for the rules-based multilateral trading system.
10 Best Dell Monitors in India for exceptional quality and innovative features
Dell monitors stand out for their exceptional quality and innovative features. Renowned for their crystal-clear displays and sleek designs, Dell offers a diverse range of monitors to suit every need, from gaming and multimedia to professional tasks like graphic design and programming. With cutting-edge technologies such as IPS panels, high refresh rates, and HDR support, Dell monitors deliver immersive viewing experiences with vibrant colors and sharp details. Whether you're a creative professional seeking color accuracy or a gamer craving fluid gameplay, Dell monitors excel in providing superior performance and reliability, making them a top choice for users worldwide.
JSW Energy offers ₹130-135 cr for wind projects of Reliance Power
The company settled ₹400 crore loans from ICICI Bank, Axis Bank and DSB Bank, as reported by ET on March 20. The three lenders jointly recovered close to 30-35% of their principal loans. In April 2023, it settled JC Flowers ARC and Canara Bank loans, according to exchange disclosures.
Restoration of fully functional dispute settlement system of WTO top-most priority, says India
The appellate body of the system had been non-functional since December 2019 due to the blocking of the appointment of its members or judges by the US and this had called into question the WTO's overall credibility and the rules-based trade order it upholds.
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Hope that countries will come to WTO meet with positive attitude like India: Piyush Goyal
India hopes for a positive outcome at the upcoming WTO meeting in Abu Dhabi, urging other countries to listen to the concerns of developing nations. Commerce Minister Piyush Goyal highlighted the WTO's role in setting trade rules but also acknowledged significant problems within the organization. The meeting will discuss various issues including agriculture, fisheries subsidies, and e-commerce trade duties. Goyal emphasized the need to conclude ongoing WTO issues like dispute resolution and reforms.
India, Taiwan get time to resolve ICT dispute
If the talks fail, Taiwan could adopt WTO panel filings and India could take the case to the Appellate Body of WTO, which hasn't been functional for nearly two years due to the US blocking the appointment of judges. India has appealed against the ruling in its dispute with Japan and the EU. The dispute was filed in 2019 when the three members had challenged the import duty of 7.5%-later increased to 15%-levied by India in 2017. India further raised the duty to 20%. The duties were to boost local manufacturing.
EU disappointed over India's 'right' to approach WTO's appellate body in ICT duty case
The panel in April had ruled that import duties imposed by India on certain ICT products violate global trading norms. Appellate body is the final authority to decide on trade disputes in WTO. However, it is not functioning as the US has been blocking appointments of judges in the body.
India challenges WTO panel ruling in favour of EU on ICT import duties
India appealed against WTO's ruling on import duties for information and tech products, contesting the decision following the EU-initiated dispute. The challenge highlights legal interpretations and seeks review by the non-functional appellate body due to member disputes. Despite bilateral talks, India's move signifies addressing the WTO's findings on its import duties.
India seeks to settle WTO import duty dispute with EU on ICT goods through free trade talks
Following a ruling of the World Trade Organisation's (WTO) dispute panel on April 17 that import duties imposed by India on certain information and technology (ICT) products such as mobile phones and components, base stations, integrated circuits and optical instruments violate global trading norms, India and the European Union (EU) are discussing ways to resolve the matter amicably outside the ambit of the WTO.
If India wants to grow, it has to get the WTO trade dispute system working
The WTO is mandated to solve global trade disputes. But what happens when its systems stop functioning?
India calls for initiating formal talks on WTO's dispute settlement body reforms
India has called for the start of formal negotiations by WTO members to reform the dispute settlement body of the World Trade Organisation (WTO). These negotiations are essential as informal deliberations are preventing several nations from participating in the talks. The formal talks aim to arrive at a consensus by the 13th ministerial conference of the WTO in Abu Dhabi in February 2023.
Jeevan Pramaan Patra: How to submit Digital Life Certificate through doorstep banking
Those above the age of 80 can submit DLC between October 1 and November 30, 2023, while others can submit it between November 1 and November 30, 2023.
Jeevan Pramaan Patra: Can a pensioner can avail doorstep banking service to submit digital life certificate
There are many ways to submit life certificate. However, pensioners who does not wish to visit the office of disbursing agency for physical submission of life certificate or using through online means can submit life certificate by availing Doorstep banking service.
G20 Delhi Declaration: WTO reform, discouraging protectionism, mutually supportive trade and green policies
The G20 reiterated their commitment to reforming the World Trade Organization (WTO) and resolving disputes. They emphasized the need to avoid discriminatory green economic policies and promote fair competition. The G20 also expressed support for positive outcomes at the WTO's Thirteenth Ministerial Conference.
India, EU ask WTO dispute settlement body not to adopt ruling on ICT import duties till December 18
The WTO's dispute settlement body (DSB) will meet on September 19 in which it would consider adopting a draft decision shared by India and the European Union (EU). "We consider that the draft DSB decision, if adopted, would facilitate the resolution of the dispute," according to a communication of the World Trade Organisation (WTO).
This PSU bank waives service charges for up to 3 doorstep banking services; check details
Canara Bank has waived service charges waived for up to 3 doorstep banking services during the campaign for all senior citizens.
India, US mutually resolve all six trade disputes at WTO: Official
India and the US have mutually resolved all six trade disputes pending at the World Trade Organisation (WTO), in line with the commitment made by the two countries during the US visit of Prime Minister Narendra Modi last month, an official said. The official said that both countries have informed the WTO's dispute settlement body (DSB) about the resolution of all the pending disputes.
India, EU get 3 months to resolve ICT dispute
At a meeting of the Dispute Settlement Body (DSB), the WTO granted it additional time to consider the adoption of the panel ruling, which had, on April 17, said that the import duties imposed by India on certain information and technology products violate global trading norms under the Information Technology Agreement, based on disputes filed by the EU, Japan and Taiwan against these duties.
India, EU ask WTO dispute settlement body not to adopt ruling on ICT import duties till September 19
India and the European Union (EU) have requested the WTO's dispute settlement body (DSB) not to adopt its April 17 ruling against India's import duties on certain information and technology products. A communication to the WTO calls for a special meeting of the DSB on June 15, with the two sides asking for the panel's ruling to be postponed until September 19 as talks continue between the two regions in a bid to resolve the matter. The ruling was made following a case brought by the EU, Japan and Taiwan, and found that India was in violation of WTO trading norms by imposing the import duties.
Japan asks India to rescind plan to appeal ICT ruling at WTO
Japan has asked India to withdraw its appeal to the World Trade Organization's (WTO) ruling against New Delhi's tariff on technology goods. The WTO had found in favour of Japan, Taiwan and the European Union in April, stating that India had breached global trading rules. At a DSB meeting on Tuesday, the US supported Japan’s appeal, claiming that India's tariffs negatively affect foreign businesses and limit access to technology for Indian firms and consumers. The EU and Canada urged India to resolve this dispute via the MPIA alternative.
India may defer ICT case appeal against EU in WTO
India is contemplating postponing its WTO appeal on the ruling that vindicates the EU against tariffs imposed on mobile phones, electronic components, and other ICT products amid heightened concerns that these levies violate global trading rules under the Information Technology Agreement. The international ruling has raised fears in the industry that these import levies might give rise to cheaper imports and hurt domestic production. This break will be a chance for the industry to bring back investors to India that will work hand in hand within the production-linked incentive programs. The appeal against Taiwan is also deferred for 90 days, scheduled in September.
Latest doorstep banking charges: SBI vs ICICI Bank vs HDFC Bank vs Canara Bank
Some banks apply charges for doorstep banking services while some banks offer free for senior citizens. Here is quick comparison of doorstep banking services charges of SBI, HDFC Bank, ICICI Bank, Canara Bank.
How to withdraw cash using SBI doorstep banking service
Banks charge their customers depending on the service availed. Also, these charges differ depending on the account and citizen.
WTO defers ruling on US’ steel, aluminium tariff dispute with India, 5 others
India had complained that the duties were inconsistent with provisions of the WTO's General Agreement on Tariffs and Trade (GATT) 1994, and of the Agreement on Safeguards. New Delhi had listed multiple violations of WTO norms.
Don't drag developing nations to WTO on Covid-time measures: India, Cuba, 44 others
As per the submission made last week, developing countries have no other choice but to be more creative in their responses, including through the use of trade measures and the trade regime should not penalize them for taking action to support their citizens during such an extraordinarily difficult time.
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