Amidst an unprecedented diplomatic row between India and Canada, the Canadian Trade Minister has assured the country's business community that they are committed to supporting the well-established commercial ties between the two countries.

'The import duty on eggs has been reduced to 13% from 30%. Besides, the duty on edible oil has been reduced by 5%,' Chief Adviser's Deputy Press Secretary Abul Kalam Majumder said in a press briefing in the evening.

India has urged the European Union (EU) to establish a meaningful, outcome-oriented free trade agreement (FTA) that ensures mutual benefits for both Indian and European companies.

India is in the process of establishing a consortium of state-run port ventures aimed at acquiring and developing foreign terminals. This initiative seeks to bolster India’s strategic and commercial interests on a global scale

In a major development to the country’s coffee sector, India has recorded a substantial increase in coffee exports during the first half of the current financial year (April-September), achieving a value of Rs 7,771.88 crore. This marks a remarkable 55 percent rise from Rs 4,956 crore during the same period last year, according to figures from the Coffee Board.

'We need to be more flexible to prevent others from targeting our strategic products,' Armen Grigorian, the secretary of the country’s Security Council, said during a conference in Yerevan.

Union Minister of Consumer Affairs, Food & Public Distribution met with Chief Minister of Punjab here today, to discuss issues related to the ongoing paddy procurement in KMS 2024-25 in Punjab. Paddy procurement in Punjab has commenced in Punjab from 1st October, 2024 and is proceeding smoothly.

The U.K.’s business minister said Monday that securing trade deals with India and Gulf nations remains 'the priority' for the Labour government, with talks between Britain and the Gulf Corporation Council expected to resume as soon as next week.