-The Hindu The new Intellectural Property Policy, unveiled by the Finance Minister is in compliance with TRIPS. Finance Minister Arun Jaitley released India’s National Intellectual Property Rights (IPR) Policy recently. The Policy which is in compliance with WTO's (World Trade Organisation) agreement on TRIPS (Trade Related aspects of IPRs), aims to sustain entrepreneurship and boost Prime Minister Narendra Modi's pet scheme 'Make in India.' Here are the highlights: >> The Policy aims to...

-The Hindu The policy fails to acknowledge that IP is a market-driven model’ India’s National Intellectual Property Rights (IPR) policy, unveiled on Friday, could pose a “serious” hurdle to allowing access to affordable drugs and the South Asian nation missed a chance to put in place a progressive policy, according to experts. The policy left the country’s patent laws intact and specifically did not open up Section 3(d) of the Patents Act, which...

-Livemint.com New Delhi: Despite widespread drought in 11 states across the country, India’s foodgrain production is actually set to grow marginally, the third advance estimates released by the agriculture ministry on Monday showed. Total foodgrain production in 2015-16 is estimated at 252.23 million tonnes, marginally higher than 252.02 million tonnes produced in 2014-15, the data shows. If the estimates hold up, it would imply that the damage to the agrarian economy is less...

-PTI London: The February ruling came in the wake of a U.S. complaint before the global trade body alleging discrimination against American firms. India will appeal against WTO panel’s ruling that the country’s power purchase agreements with solar firms were “inconsistent” with international norms, in the next few days. The February ruling came in the wake of a U.S. complaint before the global trade body alleging discrimination against American firms. “Next few days,” said...

-United Nations World cereal production in 2016 is set to reach 2,521 million tonnes, just 0.2 per cent below last year’s and the third-highest on record, the United Nations Food and Agriculture Organization (FAO) said today. Large inventory levels and relatively sluggish global demand mean that market conditions for staple food grains appear stable for at least another season, the agency's latest Cereal Supply and Demand Brief predicts. According to the FAO Food...