Major ports, owned by the central government, registered a 6 per cent growth in cargo in September at 65 million metric tonnes (mmt), primarily driven by crude oil cargo shipments and an increase in miscellaneous commodities.

Indonesian state purchasing agency Bulog has told traders that Indian supplies can be offered in its new international tender to buy 340,000 metric tons of rice and the offer deadline is postponed by one day, European traders said on Tuesday.

India will retain investment curbs on bordering nations, the finance minister said, days after it struck a pact with China on patrols along their disputed Himalayan frontier, with the leaders of both countries expected to meet on Wednesday.

Speaking at the Forum for Internet Retailers, Sellers and Traders (First India) event,  stakeholders from the Directorate General of Foreign Trade (DGFT) emphasised the need to establish over 100 export hubs to tackle key challenges faced by Indian micro, small and medium enterprises (MSMEs) in international trade. 

Rajasthan will organise an agriculture pre-summit on October 24 as part of Rising Rajasthan in a bid to attract investments in the agri and food processing sector that contributes nearly 27 per cent to the state’s gross domestic product.

German Economy Minister Robert Habeck laid out plans to remedy weak growth in Europe’s largest economy on Wednesday by starting a fund to stimulate investment and changing course on Germany’s budget policy.

India reaching an agreement with China on patrolling along the LAC in eastern Ladakh is a positive development as it would further create a friendly environment for trade ties between the two countries, say exporters.

India on Tuesday scrapped the export tax on parboiled rice, the government said in an official order, as inventories in the world's biggest exporter of the grain surged and the country is set to produce a bumper crop after copious monsoon rains.

The International Monetary Fund (IMF) has maintained India’s growth forecast at 7% for FY25, consistent with its July prediction, highlighting that the 'pent-up demand' during the pandemic is diminishing as the economy returns to its potential.