Weavers in Uttar Pradesh protest against increased power tariffs which they say will affect trade and millions of workers. They marched to the district magistrate's office and handed over a memorandum of demands, threatening to march to Delhi if they are not resolved. The state government has raised tariffs for small machines to INR400 ($5.30) per month from INR65, and for larger machines to INR800 per month from INR130. The weavers say the new policy will ruin the trade and leave them on the brink of starvation.
India's ambassador to Saudi Arabia held a meeting with Kashmir's industrial associations and stakeholders to discuss business opportunities in trade and exports. The Jammu and Kashmir government is giving emphasis on foreign direct investment and has hosted groups from Gulf countries. The UAE-based Emaar group is constructing a shopping mall worth ?250 crore, the first direct foreign investment in J&K. The ambassador emphasized strengthening bilateral trade between UT of J&K and Saudi and acknowledged the region's contribution towards the nation's economy.
The deepening ties between India and Australia are rooted in “mutual trust and mutual respect” and the two sides are focused on enhancing connectivity and trade, Prime Minister Narendra Modi said at a diaspora event in Sydney that he addressed alongside his Australian counterpart Anthony Albanese