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17 Dec, 2024 News Image Indonesia's rice import rises 62 pct in 11 months.

Indonesia imported 3.85 million tons of rice from January to November this year, marking a 62 percent increase compared to the same period last year, Statistics Indonesia (BPS) reported on Monday.


 Source:  thepeninsulaqatar.com
17 Dec, 2024 News Image Allcargo Terminals ramps up Kolkata CFS capacity to meet rising rice exports.

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%.


 Source:  maritimegateway.com
17 Dec, 2024 News Image India-UAE deepen ties, focus on energy, trade, connectivity.

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.


 Source:  indbiz.gov.in
17 Dec, 2024 News Image 500cr project for apple horticulture rejuvenation.
Himachal Pradesh chief minister Sukhvinder Singh Sukhu announced on Monday that the state govt was considering a Rs 500 crore project dedicated to the rejuvenation of apple horticulture.
He said the project would be implemented over five years and would focus on promoting high-density plantations to enhance farmers’ incomes and strengthen the rural economy.
 

 Source:  timesofindia.indiatimes.com
17 Dec, 2024 News Image UK-India Trade Talks to Resume in January: Commerce Secretary.
The UK has suggested to resume the talks for the proposed free trade agreement in January next year, Commerce Secretary Sunil Barthwal said on Monday.
The talks for the proposed FTA began in January 2022. The 14th round of talks stalled as the two nations stepped into their general election cycles.

 Source:  money.rediff.com
17 Dec, 2024 News Image MFN status suspension by Switzerland not to impact EFTA trade pact with India: Commerce Secy.
Swiss suspension of the most favoured nation clause in the Double Taxation Avoidance Agreement (DTAA) will not have any impact on the commitments signed in a trade agreement between India and the EFTA bloc, a top government official said on Monday.
 

 Source:  economictimes.indiatimes.com
17 Dec, 2024 News Image India, Sri Lanka eye deeper trade, investment collaboration.

The bilateral meeting between Prime Minister Narendra Modi and Sri Lankan president Anura Kumara Dissanayake marked a notable advancement in relations, with both nations acknowledging the benefits of the India-Sri Lanka Free Trade Agreement (ISFTA) and consenting to strengthen trade settlements in their respective currencies.


 Source:  timesofindia.indiatimes.com
17 Dec, 2024 News Image President Murmu highlights need to expand trade between India, Armenia.
Recalling centuries-old cultural linkage between India and Armenia, President Droupadi Murmu said on Monday that there is a need to expand bilateral trade between the two countries.
 

 Source:  business-standard.com
17 Dec, 2024 News Image India, New Zealand Commerce Ministers Discuss Ways To Boost Trade.

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.


 Source:  ndtvprofit.com
17 Dec, 2024 News Image MoFPI incentivises food processing entrepreneurs.

Ministry of Food Processing Industries (MoFPI), has been incentivising food processing entrepreneurs, including small and medium, for setting up/expansion of related industries through its Central Sector Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) Scheme, Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) and Centrally Sponsored PM Formalisation of Micro Food Processing Enterprises (PMFME) Scheme across the country. These schemes are not region or state specific but demand driven.


 Source:  fnbnews.com