A World Trade Organisation (WTO) panel on Thursday ruled against at least five of India’s export promotion schemes, saying it was granting prohibited subsidies in a victory for the US, which had approached the multilateral body. The US had dragged India to the WTO in March 2018, questioning its export promotion schemes as the trade battle between the two countries intensified.Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News
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