India’s total exports (Merchandise and Services combined) for November 2024* is estimated at USD 67.79 Billion, registering a positive growth of 9.59 percent vis-à-vis November 2023. Total imports (Merchandise and Services combined) for November 2024* is estimated at USD 87.63 Billion, registering a positive growth of 27.47 percent vis-à-vis November 2023.

Allcargo Terminals, an Allcargo Group company has ramped up the capacity of its Kolkata Container Freight Station (CFS) in West Bengal. Spread across 17 acres of operational land. Owing to the growing demand of rice export that is primarily originating from Asansol and Bardhaman districts in West Bengal, Kolkata CFS is equipped to handle over 1,200 TEUs of rice monthly, with its enhanced capacity, the CFS aims to achieve a throughput capacity growth of more than 25%.

Union Agriculture and Farmers’ Welfare and Rural Development Minister Shri Shivraj Singh Chouhan held pre-budget consultations with stakeholders at Krishi Bhawan, New Delhi today. During this meeting, along with farmers, agricultural entrepreneurs, various organizations related to agriculture, Farmer Producer Association and other stakeholders gave various important suggestions. In the meeting, Union Minister Shri Shivraj Singh Chouhan said that we will meticulously review all the suggestions received and inform the Finance Minister and Shri Chouhan added that we will continue to communicate with all stakeholder related to the agriculture sector.

India and the United Arab Emirates (UAE) held the 15th Joint Commission Meeting (JCM) on Friday, reaffirming their focus on strengthening energy, trade, and connectivity ties. External Affairs Minister S. Jaishankar and UAE Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan co-chaired the meeting, underscoring the robust India-UAE Comprehensive Strategic Partnership.

India and New Zealand on Monday held discussions to discuss ways to boost bilateral trade between the two countries. The meeting was held between Commerce and Industry Minister Piyush Goyal and his counterpart from New Zealand Todd McClay.

New Zealand is attempting to come back to the negotiating table with India to work out a bilateral free trade agreement (FTA), almost a decade after talks were abandoned by the two countries following their failure to narrow differences in some sensitive areas including dairy and agriculture, sources said.

Sri Lankan President Anura Kumara Dissanayaka held discussions with Indian External Affairs Minister S. Jaishankar and National Security Adviser Ajit Doval on Sunday (December 15), marking the start of his three-day visit to India.

Ministry of Food Processing Industries is supporting Self-Help Groups (SHGs) engaged in Food Processing activities through its schemes. Under Centrally Sponsored PM Formalisation of Micro Food Processing Enterprises (PMFME) Scheme, Ministry provides grants for Seed Capital  up to Rs. 40,000/per member of SHG.  Individual SHG member  can avail credit linked grant @35% of the project cost with maximum ceiling of Rs.10 lakh as a single unit of food processing enterprise. SHGs are also eligible for assistance under relevant component schemes of Central Sector Pradhan Mantri Kisan SAMPADA Yojana (PMKSY).

'Eight importing companies including Mahbubul Alam Food Products, Ark Trading, and Sardar Enterprise, imported the rice,' Abu Taher, revenue officer of the Benapole Checkpost Cargo Branch, told The Business Standard today (14 December).