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India is delaying a decision on asking for a dispute settlement panel at the World Trade Organisation against domestic content regulations in renewable energy programmes run by eight states in the US as it is hoping to work out a "mutually beneficial'' solution with the new regime under Republican leader Donald Trump. "New Delhi is still hopeful that it could work out a compromise with Washington on the flexible implementation of the WTO verdict against it in the solar power programme dispute. It may decide not to ask for a panel against US renewable energy programmes if it gets an assurance from the Trump administration on leniency in the solar case," a government official told BusinessLine.

The logistics of how the world copes with its mounting waste were just thrown a wicked curve ball from the Pacific Rim. And the case for embracing a circular economy became stronger. Last week China announced that it would no longer accept many imports of garbage from other countries.