21 Oct, 2024 News Image CBIC issues Compliance Requirements for Health Certificate for Import of Food Consignments following India-Bhutan FSSAI-BFDA Agreement.

The Central Board of Indirect Taxes and Customs ( CBIC ) has issued Compliance Requirements for Health Certificates on food consignments imported from Bhutan, following the implementation of the Agreement signed between the Food Safety and Standards Authority of India ( FSSAI ) and the Bhutan Food and Drug Authority ( BFDA ).


 Source:  taxscan.in
21 Oct, 2024 News Image Bangladesh: Govt cuts rice import duty by 37% to stabilise market.

According to a gazette notification issued by the Ministry of Finance today (20 October), the existing customs duty on rice has been reduced from 25% to 15% and the existing regulatory duty has been reduced from 25% to 5%.


 Source:  tbsnews.net
21 Oct, 2024 News Image SEA survey estimates 27% increase in Gujarat groundnut production this season.
Groundnut production in Gujarat is expected to hit a record 42.19 lakh tonnes (lt) during kharif 2024, which is a growth of 26 per cent over the previous year.
 

 Source:  thehindubusinessline.com
21 Oct, 2024 News Image At WTO, India breathes fire over Dragon's trade policies.

India has questioned several moves by China at the World Trade Organisation (WTO), turning the heat on non-transparent subsidies that lead to an influx of low-priced, poor-quality goods into the country, harming its local industries.


 Source:  economictimes.indiatimes.com
21 Oct, 2024 News Image FM Nirmala Sitharaman Meets Mexican Minister, Discusses Ways to Deepen Economic Ties.

Finance Minister Nirmala Sitharaman on Saturday met her Mexican counterpart Rogelio Ramirez de la O and discussed areas of mutual interest and boosting economic ties between India and Mexico.


 Source:  news18.com
21 Oct, 2024 News Image Rice exports a tad lower in H1, but trade sees shipments gaining pace in year ahead as govt eases curbs.
India’s rice exports in value terms were a tad lower during the first half of the current financial year on a dip in non-basmati shipments, but exporters see a pick up in shipments in the year ahead with the Government easing curbs recently on both the category of rice.
 

 Source:  thehindubusinessline.com
21 Oct, 2024 News Image India s H1FY25 pulses imports rise 73 per cent to $2.18 billion.

India’s pulses imports were up 73 per cent in value terms for the first half of current financial year.


 Source:  thehindubusinessline.com
21 Oct, 2024 News Image Bangladesh: Another 2.31 lakh eggs imported from India.
Dhaka-based importer 'Hydro Land Solution' brought it the consignment costing Tk5.70 per egg.
With a Tk1.83 import duty at the land port, the buying price of each egg stands at over Tk7.5.  The government has permitted the import of 4.5 crore eggs in phases.

 Source:  tbsnews.net
21 Oct, 2024 News Image Ministry may soon tap Cabinet for green flag on FTA SOPs as new guidelines nearly ready.

The commerce and industry ministry will soon seek Cabinet nod for the standard operating procedure (SOP) for negotiating its free trade agreements (FTA) and address new issues — labour, environment, digital services, gender and indigenous people and has temporarily paused some new trade pacts.


 Source:  economictimes.indiatimes.com
21 Oct, 2024 News Image The national target of food grain production in 2024-25 will be 341.55 million tonnes : Shri Chouhan.

With an objective to review and assess the crop performance during the preceding crop seasons and fix crop-wise targets for rabi season, the Union Minister of Agriculture, Shri Shivraj Singh Chouhan inaugurated National Conference on Agriculture for Rabi Campaign 2024 to at NASC Complex, New Delhi. 


 Source:  pib.gov.in