The Indian government is continuing to purchase lentils from Canada despite the strained diplomatic relations between the two countries. This is part of India’s efforts to build buffer stocks and stabilize the high prices of pulses. Two central government agencies have issued tenders to procure red lentils from the local market as well as through imports. The lentils must comply with the specifications of the Food Safety and Standards Authority of India. Despite the tensions, there have been no official restrictions on trade between the two countries.
India, France near deal on tax treaty, to lower levy on dividends paid to French parent companies
India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while