India and Bangladesh on Tuesday (November 12, 2024) discussed making certain land ports operational for 24 hours a day, seven days a week, an official statement said.
Three trucks carrying 131 tons of rice entered Bangladesh from India through the Hili land port on Monday, following the government's lifting of import duties on rice recently.
The country's agri exports are expected to cross USD 50 billion in 2024-25 on account of healthy demand and lifting on curbs on non-basmati rice, an official said on Tuesday. The official said export curbs on rice, wheat, and sugar impact agri exports to the tune of about USD 6-7 billion.
India's merchandise exports are likely to rise 1.85% year-on-year to $107.5 billion in the third quarter of FY25 (October-December), according to India Exim Bank. In the same period last year, goods exports stood at $104.61 billion.
CropLife India; the association of leading domestic and multinational R&D-driven crop science companies; organized a National Conference on the occasion of its 44th AGM. The conference witnessed the congregation of Minister of State (Independent Charge) Law and Justice and Minister of State for Parliamentary Affairs and Two Ministers of State for Agriculture; senior Government officials, experts, academia and industry leaders.
India and Russia have set ambitious targets for their economic relationship, with a focus on achieving USD 100 billion in annual bilateral trade by 2030. According to External Affairs Minister S. Jaishankar, the two nations are confident that this goal will be achieved well ahead of schedule, underlining the growing significance of their ties on the global stage.
Trade relations between India and Russia are seeing a renewed focus on local currency transactions and the balance of trade.
Commerce and industry minister Piyush Goyal Monday said that collective effort is required to achieve the 'big' exports target of $2 trillion by 2030 and said that non-tariff barriers should be studied which will help India’s free trade agreement negotiations.
