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10 Mar, 2025 News Image Govt levies 10 pc duty on mosur dal; extends duty-free import of yellow peas till May 31.
The government has imposed a 10 per cent import duty on lentils (mosur) and extended the duty-free import of yellow peas by three months till May 31 this year to enhance domestic availability, according to a finance ministry notification. Through the notification, the government has imposed 5 per cent basic customs duty and 5 per cent Agriculture Infrastructure and Development Cess (AIDC) on lentils with effect from March 8.
 Source:  economictimes.indiatimes.com
10 Mar, 2025 News Image China calls for stronger India ties amid trade war fears.
Facing a fresh trade war under the new Trump administration, China sought to further stabilise ties with India, with its foreign minister Wang Yi on Friday stating that Beijing's relations with New Delhi had made positive strides in the past year. He also said that President Xi Jinping's meeting with Prime Minister Narendra Modi in Kazan last year gave strategic guidance for the improvement and development of bilateral ties.
 Source:  economictimes.indiatimes.com
10 Mar, 2025 News Image Lower volumes, but stable season for grapes from India.
It's been a positive and stable grape season in India, says Swapnil Aware, Board member for Indian grape exporter Mersel Foods: 'The grape season commenced in December with relatively low initial volumes, accompanied by various quality-related challenges. However, as the season progressed, both the quality and the yield improved significantly.
 Source:  freshplaza.com
10 Mar, 2025 News Image EAM Jaishankar’s Ireland visit strengthens bilateral ties, sets stage for economic cooperation.
External affairs minister S Jaishankar concluded his official visit to Ireland and Northern Ireland, engaging in high-level discussions aimed at enhancing bilateral cooperation across multiple sectors. During his trip, he met Irish President Michael D Higgins and deputy Prime Minister and foreign minister Simon Harris, with both sides agreeing to establish a Joint Economic Commission to boost trade, investment, and technology linkages.
 Source:  timesofindia.indiatimes.com
10 Mar, 2025 News Image India lifts export ban on broken rice.
The government has lifted the export ban on broken rice to promote its shipments. The ban was imposed in September 2022. 'Export policy of broken rice has been amended from prohibited to free with immediate effect,' the Directorate General of Foreign Trade has said in a notification.
 Source:  timesofindia.indiatimes.com
10 Mar, 2025 News Image Want to consolidate trade ties with India: Italian Agriculture Minister.
Italian Agriculture Minister Francesco Lollobrigida has called for the consolidation of reciprocal trade relations with India, highlighting the very strong relationship between the two governments. His remarks came against the backdrop of the two-day 'Vinitaly' trade promotion fair India Roadshow that began on Saturday.
 Source:  economictimes.indiatimes.com
10 Mar, 2025 News Image India, EU to hold next round of FTA talks from Monday amid Trump tariff threats.
India and the 27-nation European Union (EU) bloc will start the tenth round of negotiations for a proposed free trade agreement from Monday in Brussels amid Trump tariff threats, according to an official. The talks are expected to focus on resolving remaining issues so that the agreement can be finalised by the end of this year.
 Source:  economictimes.indiatimes.com
07 Mar, 2025 News Image India considers lowering import duties on American walnuts, almonds, apples, and cranberries
Officials said talks are on to offer duty concessions on American walnuts and almonds and eliminate duties on cranberries. The two sides are eyeing a bilateral trade deal by end of year and have set a target of $500 billion bilateral trade by 2030. New Delhi imposes standard 42-120% duty on almonds and 50% on apples. Walnuts attract 100-120% duty.
 Source:  economictimes.indiatimes.com
07 Mar, 2025 News Image Trump Weighs Agriculture Carveouts to Canada, Mexico Tariffs
the latest move by the administration on Wednesday to offer relief to certain sectors from the sweeping new import taxes.
 Source:  bloomberg.com
07 Mar, 2025 News Image Scientists race to document Savanur betel leaf for GI tag
However, they face challenges due to insufficient historical records. Horticultural researchers are gathering necessary documentation to support their application. The cultivation of betel leaves in Savanur taluk covers 400 hectares, with its history traced to the 17th century during the Savanur Nawa's reign.
 Source:  timesofindia.indiatimes.com