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Wheat stock with Food Corporation of India (FCI) has dropped below 100 lakh tonne for the first time since 2018, falling to 97 lakh tonne this month, due to low procurement during past two years and record sale of the cereal in open market to keep prices under check. In case of rice stocks, FCI is currently holding more than four times. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/7pvmetI

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A trade agreement signed on Sunday between India and members of the European Free Trade Association, including Switzerland, Norway, Iceland, and Liechtenstein, is poised to reduce the prices of Swiss chocolates, watches, wine, soft drinks, Norwegian salmon, and mackerel. Customs duties on cut and polished diamonds will see reductions, but no concessions will be granted by India on gold, as well as major farm and dairy products. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ZvM50wy