External affairs minister S Jaishankar and Russia’s first deputy prime minister Denis Manturov will hold a brainstorming session in Delhi on Tuesday to explore sectors for India’s investments including in Far-Eastern Russia and increasing trade to reduce trade deficit, which is currently in Russia’s favour owing to huge oil exports.
An official Indian delegation, led by JP Singh, Joint Secretary (Pakistan, Afghanistan, Iran) in the Ministry of External Affairs (MEA), recently visited Afghanistan for a series of high-level meetings with Afghan officials, including the acting Defence Minister and former President.
Special economic zones (SEZ) are special areas within a country that offer incentives to business and trade regulations operating in those areas. The main objectives of the SEZ are generating additional economic activity, promoting exports of goods and services from the country, promoting foreign and domestic investment and creating more employment opportunities beside the development of infrastructure facilities.
The Tamil Nadu Government will conduct reverse buyer-seller meets in major cities every six months, said T.M. Anbarasan, the State’s Minister for MSMEs.
As global currencies weaken against the U.S. dollar following Donald Trump’s election victory, emerging markets (EMs) are bearing the brunt. However, India appears to be in a comparatively stronger position than many of its Asian peers, particularly due to its lower dependency on trade with China, according to a report by Emkay.
The National Board of Revenue (NBR) in Bangladesh has announced the removal of all import duties and regulatory taxes on onions. This decision, highlighted in a recent notification, eliminates the tax rate from 10 percent to zero, aiming to mitigate the escalating onion prices and shortages in the local market.
India on Thursday said Brazil has the potential to become a major source for the import of black gram (urad) and pigeon peas (tur) for the country. The issue was discussed by a Brazilian delegation led by senior Agriculture Ministry official Julio Cesar Ramos during a courtesy call to Consumer Affairs Secretary Nidhi Khare here.
