Commerce and Industry Minister Piyush Goyal emphasised the need for collective action to achieve India's ambitious export target of USD 2 trillion by 2030, speaking at the annual convocation of the Indian Institute of Foreign Trade (IIFT) on Monday.

India and Russia have set ambitious targets for their economic relationship, with a focus on achieving USD 100 billion in annual bilateral trade by 2030. According to External Affairs Minister S. Jaishankar, the two nations are confident that this goal will be achieved well ahead of schedule, underlining the growing significance of their ties on the global stage.

The country's agri exports are expected to cross USD 50 billion in 2024-25 on account of healthy demand and lifting on curbs on non-basmati rice, an official said on Tuesday. The official said export curbs on rice, wheat, and sugar impact agri exports to the tune of about USD 6-7 billion.

Three trucks carrying 131 tons of rice entered Bangladesh from India through the Hili land port on Monday, following the government's lifting of import duties on rice recently.

India's merchandise exports are likely to rise 1.85% year-on-year to $107.5 billion in the third quarter of FY25 (October-December), according to India Exim Bank. In the same period last year, goods exports stood at $104.61 billion.

India and Bangladesh on Tuesday (November 12, 2024) discussed making certain land ports operational for 24 hours a day, seven days a week, an official statement said. 

CropLife India; the association of leading domestic and multinational R&D-driven crop science companies; organized a National Conference on the occasion of its 44th AGM. The conference witnessed the congregation of Minister of State (Independent Charge) Law and Justice and Minister of State for Parliamentary Affairs and Two Ministers of State for Agriculture; senior Government officials, experts, academia and industry leaders.

In a landmark step towards accelerating industrial development in Bihar, National Industrial Corridor Development Corporation (NICDC), the Government of Bihar and the Bihar Industrial Area Development Authority (BIADA) have signed the State Support Agreement (SSA) and Shareholder Agreement (SHA) today for the establishment of an Integrated Manufacturing Cluster (IMC) in Gaya, a node under the Amritsar-Kolkata Industrial Corridor (AKIC).