Speaking at the Forum for Internet Retailers, Sellers and Traders (First India) event, stakeholders from the Directorate General of Foreign Trade (DGFT) emphasised the need to establish over 100 export hubs to tackle key challenges faced by Indian micro, small and medium enterprises (MSMEs) in international trade.
Prime Minister Narendra Modi on Tuesday (October 22, 2024) embarked on a two-day visit to Kazan, Russia to participate in the 16th summit of the BRICS (Brazil-Russia-India-China-South Africa) grouping.
Union Home Minister and Minister of Cooperation Shri Amit Shah, today inaugurated several farmer welfare schemes worth Rs.300 crore during the National Dairy Development Board's (NDDB) diamond jubilee celebration along with the commemoration of birth anniversary of Shri Tribhuvandas Patel in Anand, Gujarat. On this occasion, several dignitaries were present, including the Union Minister for Panchayati Raj, Fisheries, Animal Husbandry & Dairying, Shri Rajiv Ranjan Singh.
India on Monday expressed reservations over the facilitator-led process in the World Trade Organisation to discuss issues on agriculture, saying that it would potentially undermine ministerial mandates and take negotiations backwards, an official said.
India reaching an agreement with China on patrolling along the LAC in eastern Ladakh is a positive development as it would further create a friendly environment for trade ties between the two countries, say exporters.
Gujarat, with its vast 1,600 km of coastline, has emerged as a major force behind India’s industrial and commerce expansion because of its advanced infrastructure and progressive policies.
Exports to eight out of India’s top 10 destinations, including the Netherlands, the United States (US) and the United Kingdom (UK), witnessed positive growth during the first six months of the current financial year (FY25), despite muted global demand amid geopolitical challenges, commerce department data showed.
India on Tuesday scrapped the export tax on parboiled rice, the government said in an official order, as inventories in the world's biggest exporter of the grain surged and the country is set to produce a bumper crop after copious monsoon rains.
