India and Poland on Thursday elevated their relations to a strategic partnership as Prime Minister Narendra Modi and his Polish counterpart Donald Tusk explored ways to expand cooperation in defence and security, trade and investment and digitalisation.
Liquor exports from India have surged, driven by a 26% increase in whiskey shipments in the first half of 2024, which complements the strong performance of Indian-made smartphones and electronics.
India has allowed the export of 200,000 metric tons of non-basmati white rice to Malaysia through National Cooperative Exports Limited, as per a Directorate General of Foreign Trade (DGFT) notice reviewed by ET. The move comes after Malaysia's Minister for Plantation and Commodities, Datuk Seri Johari Abdul Ghani, expressed a desire for 'friendly ties' with India and proposed an arrangement to secure rice supplies.
Export of Ayush and herbal products for the first three months of the current fiscal has reported a 12.25 per cent growth, while imports grew almost 30 per cent as compared to the same period of previous fiscal year.
Food regulator FSSAI has given food business operators four more months, till December-end, to exhaust all pre-printed packaging materials claiming '100 per cent fruit juices' in their packaged products. The decision to extend the current deadline of August 31 has been taken following consultations with stakeholders.
Indian Council for Agricultural Research - National Research Centre for Banana (ICAR-NRCB) in Trichy has launched a new variety called ‘Kaveri Kanchan,’ a hybrid offspring of ‘nendran’ banana.
In an attempt to reduce India’s high dependence on edible oil imports, the government is looking to boost domestic oilseeds production. The plan is to increase yields, expand the area under cultivation and introduce a dynamic import duty structure so that domestic prices are not impacted by cheaper imports.
There is a huge potential to increase economic cooperation between India and Africa as both regions can look at doubling two-way trade to USD 200 billion in the next seven years, Commerce and Industry Minister Piyush Goyal said on Wednesday.
