India and Indonesia have strengthened their economic partnership, with bilateral trade touching US$29.4 billion in FY2023-24. Indonesia is India’s eighth-largest trading partner, while India ranks as the second-largest buyer of Indonesian coal and crude palm oil. According to a Rubix Data Sciences report, this underscores the strategic importance of the relationship.

In a fresh turn towards progressive farming in Odisha, several farmers in Koraput district have shifted from traditional crops and turned to cultivating the queen of berries, with several acres of farmland now being dedicated to growing the prized fruit.

With political turmoil escalating and economic pressures mounting, Bangladesh's interim government has decided to secure its food supplies by purchasing 50,000 tonnes of rice from India.

The Ministry of Food Processing Industries (MoFPI) is driving transformative growth in the food processing sector by offering substantial grants and incentives through its central schemes. These initiatives, including the Pradhan Mantri Kisan Sampada Yojana (PMKSY), the Production Linked Incentive Scheme for Food Processing Industry (PLISFPI), and the Pradhan Mantri Formalization of Micro Food Processing Enterprises (PMFME) Scheme, aim to support businesses, promote entrepreneurship, and strengthen infrastructure in the sector.

The contribution of the agriculture sector to the country's GDP has been 18 percent. Especially during the time of Covid, the whole world has come to know that India's agriculture sector is stronger than other countries. The central government is always striving to strengthen this sector further. Expressing the Modi Government's commitment towards this sector, Union Agriculture & Farmers Welfare and Rural Development Minister, Shri Shivraj Singh Chouhan said that his Government is leaving no stone unturned towards making India the food basket of the world. Addressing the Platinum Jubilee Conference of Gokhale Institute of Politics and Economics (AERC) in Pune today, Shri Chouhan said that the work of researchers should not be confined to the lab only but it should be extended to the farmers as well. His government is working on many aspects in this direction. 

The Swiss decision to suspend the most favoured nation clause in the Double Taxation Avoidance Agreement will not delay the ratification and implementation of the already signed trade agreement between India and the EFTA bloc, Switzerland has said. The Swiss government has suspended the Most Favoured Nation (MFN) status, which could potentially impact Swiss investments in India and lead to higher taxes on Indian companies operating in the European nation.

India and Kuwait on Sunday elevated their relationship to a strategic partnership as Prime Minister Narendra Modi and the Kuwaiti leadership focused on a roadmap to expand cooperation in areas such as defence, energy, trade, investment and technology.

The Government of India and the Asian Development Bank (ADB) today signed a $350 million policy-based loan under the second subprogram of Strengthening Multimodal and Integrated Logistics Ecosystem (SMILE) program.

The specifications in corn seeds are set for a change as government is planning to incorporate 'ethanol content' when approval is sought to motivate farmers to opt for best varieties which can fetch better prices. Simultaneously, research is on to develop varieties having at least 40 per cent or above ethanol content from current 38 per cent.