Paradip Port Authority (PPA) has marked a momentous achievement in its operational history, clocking an unprecedented 41.12 Million Metric Tons (MMT) cargo handling within the first 100 days of the fiscal year 2024-25.
The fourth edition of the India-GCC Buyers Sellers Meet on Food and Beverages kicked off today in Dubai, bringing together key players from the food and beverage industry across India and the Gulf Cooperation Council (GCC) countries.
Commerce and industry minister Piyush Goyal Wednesday said the four-member European nation bloc European Free Trade Association (EFTA) is keen to invest in India and the domestic industry should take advantage of that opportunity. Goyal, who is visiting Switzerland on Sunday to take forward the EFTA commitments, said that this $100 billion commitment is for foreign direct investments and not portfolio investments.
The Indian government has announced the open market sale scheme (OMSS) policy under which the reserve price of wheat has been fixed at Rs.2,300 per quintal and rice at Rs.2,800 per quintal. This time, the Government has said transport costs will be added to the reserve price, unlike last year when there was one rate across the country.
Union Commerce Minister Piyush Goyal on Wednesday said a Group of Ministers will take a decision on lifting the ban on certain varieties of non-basmati rice after considering demand-supply and price situation.
With the aim of rapid progress of agriculture sector in the country, Union Minister of Agriculture and Farmers Welfare and Rural Development Shri Shivraj Singh Chouhan has initiated state-wise discussions, under which the Union Minister held meetings with state agriculture ministers of Uttar Pradesh (UP) and Madhya Pradesh (MP) at Krishi Bhavan in New Delhi today.
An agreement between India and Taiwan to facilitate trade in organically-produced goods, including tea and medicinal plants, has come into force from July 8, the commerce ministry said on Wednesday. The mutual recognition agreement (MRA) will ease the export of organic products by avoiding dual certifications, thereby reducing compliance cost, simplifying compliance requirements by adhering to only one regulation and enhancing trade opportunities in the organic sector.
Sweet lovers across India have a new reason to celebrate as the delectable Indian sweet 'Magji' from Odisha's Dhenkanal district has been honoured with the prestigious Geographical Indication (GI) tag.