In Janakpurdham, the capital of Madesh, Nepal, bananas valued at approximately $403,225 (50 million rupees) have been imported from India for the Chhath festival. The festival, which necessitates fasting, traditionally includes bananas as an essential offering to God.

The lowest price offered in the tender from Bangladesh's state grains buyer to buy 50,000 metric tons of rice that closed on Monday was assessed at $477.00 a tonne CIF liner out for rice sourced from India, an official in Bangladesh and European traders said.

The Agricultural and Processed Food Products Export Development Authority (APEDA) is pleased to announce its participation in the 22nd edition of the Middle East Organic & Natural Products Expo 2024, scheduled to be held in Dubai from November 18th to 20th. 

India will need to undertake a lot of very serious structural reforms to meet the aspiration of being an advanced economy by 2047, Krishna Srinivasan, director of the Asia and Pacific Department (APD) at the International Monetary Fund tells Deepshikha Sikarwar in an interview. The IMF in its Regional Economic Outlook has forecast India’s growth at 7% for FY25.

The government disclosed on Tuesday that India has consented to allow Kenyan avocado farmers access to its market. This development follows a virtual 10th Technical Level Joint Trade Committee meeting between Kenya and India, paving the way for higher-level discussions to remove non-tariff barriers. The Ministry of Trade views this as a positive step towards enhancing the value Kenyan farmers derive from their avocado produce.

As of 2nd November 2024, a total quantity of 90.69 LMT of paddy has arrived in the Punjab mandis out of which 85.41 LMT have been procured by State agencies and FCI. The paddy is being purchased at MSP @ Rs 2320/- as decided by Govt of India for Grade ‘A’ paddy and the total paddy purchased by Government till date in the ongoing KMS 2024-25, amounts to Rs 19800 crore benefitting 4 lakh farmers. Further, 4640 millers have applied for shelling of paddy and 4132 Millers have already been allotted work by Punjab State Government.

India and Albania held Bilateral Consultations in Tirana on Thursday (October 31, 2024). The discussions, held less than three months after India opened its Resident Mission in Albania, covered the entire gamut of bilateral ties between the two nations.

India and Egypt, both members of Brics, are engaged in negotiations for an agreement on trade settlement in national currencies at a time when the issue has become a matter of focus for the grouping, people familiar with the matter said.

Recovering from weak growth in 2023, South Korea’s economy is expected to improve gradually on the back of export growth, stable inflation, and easing interest rates in the coming years.

Union Minister of Commerce and Industry, Shri Piyush Goyal, successfully concluded his visit to the Kingdom of Saudi Arabia. During the visit, Shri Piyush Goyal participated in the Plenary Session of the 8th Edition of Future Investment Initiative (FII), with representatives from global Governments and the industry. He highlighted the critical role of international partnerships and economic diplomacy in fostering global cooperation, innovation, technological advancement, and investment. He urged global investors to seize emerging opportunities in India, particularly in high-growth sectors such as artificial intelligence, renewable energy, digital infrastructure, and advanced manufacturing.