The Tamil Nadu Government will conduct reverse buyer-seller meets in major cities every six months, said T.M. Anbarasan, the State’s Minister for MSMEs. 

As global currencies weaken against the U.S. dollar following Donald Trump’s election victory, emerging markets (EMs) are bearing the brunt. However, India appears to be in a comparatively stronger position than many of its Asian peers, particularly due to its lower dependency on trade with China, according to a report by Emkay.

The National Board of Revenue (NBR) in Bangladesh has announced the removal of all import duties and regulatory taxes on onions. This decision, highlighted in a recent notification, eliminates the tax rate from 10 percent to zero, aiming to mitigate the escalating onion prices and shortages in the local market. 

India on Thursday said Brazil has the potential to become a major source for the import of black gram (urad) and pigeon peas (tur) for the country. The issue was discussed by a Brazilian delegation led by senior Agriculture Ministry official Julio Cesar Ramos during a courtesy call to Consumer Affairs Secretary Nidhi Khare here.

In the first tender for the supply of 50,000 tonnes of parboiled rice floated by the Bangladesh government, which is likely to buy over 5 lakh tonnes (lt) in tranches, Pattabhi Agro Food of India has emerged as the lowest bidder after quoting $477/tonne (CIF) at Chattogram and Mongla ports. The Food Ministry of Bangladesh has floated another tender for 50,000 tonnes on November 4, which will be opened on November 18.

India should be a part of the Regional Comprehensive Economic Partnership and Comprehensive and Progressive Agreement for Trans-Pacific Partnership, Niti Aayog CEO BVR Subrahmanyam said on Thursday.

An official Indian delegation, led by JP Singh, Joint Secretary (Pakistan, Afghanistan, Iran) in the Ministry of External Affairs (MEA), recently visited Afghanistan for a series of high-level meetings with Afghan officials, including the acting Defence Minister and former President.

Donald Trump’s return to the White House may make the world's largest economy more protectionist, experts fear, citing his persistent criticism of trade policies of China and India, and the outsourcing of American jobs to other countries.

According to an NBR statutory regulatory order (SRO), the total duty on onion imports has been reduced from 10% to 0%. This means no import taxes will be applied to onion imports, effective immediately.