India is conducting a 'careful assessment' to finalise products that may attract higher retaliatory import tariffs from the European Union (EU), said a person privy to the development.

India's rice inventories surged to an all-time high of 29.7 million metric tons in November, sources said on Friday, nearly three times the government's target, as export curbs imposed over the past two years bumped up local supplies.

The 48th session of the Codex Committee on Food Labelling has concluded in Quebec City, Canada. In his closing remarks chairperson Parthi Muthukumarasamy thanked delegates for the great work for the last 4 or 5 days.

Telangana, India is positioning itself as a hub for horticulture startups, supported by innovative work and vision. Telangana's work in producing crops like turmeric, chilies, tomatoes, and leafy vegetables is why it is seen as a fertile ground for startups. Desi vegetable seed production and bee-keeping ventures are poised for growth.

Despite a drop in its agriculture exports in 2023 to $51 billion from $55 billion in 2022, India maintained its position as world’s eighth largest exporter of agriculture products in the year as seven of the top ten exporting nations witnessed a decline, per figures collated by the WTO.

External affairs minister S Jaishankar and Russia’s first deputy prime minister Denis Manturov will hold a brainstorming session in Delhi on Tuesday to explore sectors for India’s investments including in Far-Eastern Russia and increasing trade to reduce trade deficit, which is currently in Russia’s favour owing to huge oil exports.

With a production of 37.47 million metric tonnes, India is the largest producer of bananas in the world, followed by China, Indonesia, Brazil, and Ecuador. In fact, India accounts for 19.37% of global production of this most consumed staple fruit worldwide.

In a significant move to bolster regional connectivity and economic development, the Governor of Assam Lakshman Prasad Acharya inaugurated the Integrated Check Post Darranga in presence of Prime Minister of Bhutan Dasho Tshering Tobgay.

In the first tender for the supply of 50,000 tonnes of parboiled rice floated by the Bangladesh government, which is likely to buy over 5 lakh tonnes (lt) in tranches, Pattabhi Agro Food of India has emerged as the lowest bidder after quoting $477/tonne (CIF) at Chattogram and Mongla ports. The Food Ministry of Bangladesh has floated another tender for 50,000 tonnes on November 4, which will be opened on November 18.