India and South Korea have started sharing the bill of lading in an electronic transfer mode between the customs of both sides, a move that will help promote ease of doing business, a senior official said on Thursday. A bill of lading is a legal document that serves as a receipt, contract, and proof of ownership for shipped goods.

An inter-ministerial meeting was held in New Delhi today under the chairmanship of Union Minister of Commerce & Industry, Shri Piyush Goyal to address rising freight cost, shipping delays, shortage & non-availability of containers and congestion at the ports leading to difficulties being faced by exporters and adverse impact on the trade.

Union Minister for Agriculture and Farmers’ Welfare and Rural Development Shri Shivraj Singh Chouhan today informed the media through a press conference on the occasion of important decisions and achievements for the Ministry of Agriculture and Farmers’ Welfare in 100 days during the third term of Prime Minister Shri Narendra Modi. Secretary, Ministry of Agriculture and Farmers’ Welfare Dr. Devesh Chaturvedi and Secretary, Department of Agricultural Research and Education (DARE) and Director General of Indian Council of Agricultural Research (ICAR) Dr. Himanshu Pathak and other officials of the Ministry were also present in the press conference.

The Ministry of Ayush showcased the significant role of Ayurveda and different traditional medicine systems of India in modern nutrition and wellness through the Ayush Pavilion at World Food India 2024 event, organised at Pragati Maidan from 19th September to 22nd September 2024.

Onion imports at Hili land port in Dinajpur, Bangladesh, resumed on Tuesday after a four-day interruption caused by a software issue in Indian customs. The disruption was due to an update in the tariff regime by Indian customs, which reduced the export duty on onions from 40 percent to 20 percent at 4:45pm that day. This adjustment followed India's decision to eliminate its minimum export price for onions on Friday, allowing Bangladesh to procure the commodity at more favorable rates.

The Advisory Committee on Economic Affairs (ACEA), in a meeting with Finance Advisor of the interim government Dr Salehuddin Ahmed in the chair, approved in principle.

The Government is considering to change the base year for computation of the GDP to 2022-23, from 2011-12 at present, to reflect an accurate picture of the economy, sources said on Thursday. This will be the first revision in over a decade. It was last done in 2011-12, they said.

The Prime Minister Shri Narendra Modi, in his message at World Food India 2024 said that it  was a pleasure to learn about the organisation of World Food India 2024. He conveyed greetings and best wishes to all the participants who have come from various parts of the world.