Union Minister Piyush Goyal and Saudi Arabia's Minister of Energy, Prince Abdulaziz bin Salman Al Saud, co-chaired the second Ministerial Meeting of the Economy and Investment Committee under the Saudi-India Strategic Partnership Council (SPC).

The back-to-back visits to India by German Chancellor Olaf Scholz and Spain’s Prime Minister Pedro Sánchez indicate an attempt by New Delhi to engage with Europe’s biggest economies bilaterally. 

Indonesia is considering a plan to import 1 million metric tons of rice from India in 2025 to secure supply until its main harvest, Coordinating Minister for Food Affairs Zulkifli Hasan said after a meeting of food and agricultural officials on Tuesday.

The Brics+ grouping of nations like India, China and Russia is rapidly increasing its share in global merchandise exports and imports and is expected to surpass G7 group by 2026, EY India said in its latest edition of EY Economy Watch.

India doesn’t look at US-China tension as a source of benefit and the country can stand on its own feet, commerce and industry minister Piyush Goyal said Wednesday.

The Union Government has reportedly decided to include four new components – Hydroponics, Aquaponics, Vertical Farming, and Precision Agriculture – under the Mission for Integrated Development of Horticulture (MIDH) – a Central Sponsored Scheme (CSS) that promotes the cultivation of fruits, vegetables, root and tuber crops, mushrooms, spices, flowers, aromatic plants, coconut, cashew, cocoa and bamboo.

As of 28th October 2024, a total quantity of 65.75 LMT of paddy has arrived in the mandis out of which  60.63 LMT have been procured by state agencies and Food Corporation of India (FCI). An amount of Rs 12200/- crore has been released to the farmers in Punjab directly to bank accounts as of 28th October.