1.   

Exports to revive post September: Anand Sharma

India on Saturday said it expects exports, that have witnessed contraction for two consecutive months, to turnaround by September end. "We are seriously monitoring the situation. I think with the steps which have been taken and with the announcements, there will be some revival in exports and turnaround this autumn (around September)," Indian commerce and industry minister Anand Sharma told reporters here.

2.   

Improving trade with India to boost peace: Pakistani daily

Stronger trade ties with India are "clearly a new track that expands the potential for positive contact", said a Pakistani daily, noting that trade creates a traction all of its own. There is a sense that "relations with India really are improving, and that the Confidence Building Measures (CBMs) that started their life as paper proposals are gaining substance and reality", said an editorial in the News International Friday.

3.   

US drought offers relief for subsidised wheat export plan

A jump in global wheat prices on drought in the US and Europe may save the Indian government of embarrassment on its grain management. Forced to approve subsidy on wheat exports to ease storage, the government may now have to offer little or no dole-out against the estimated R1,263 crore on the grain’s shipment as global prices have surged by around 40% since mid-June, exceeding the usually more-expensive Indian wheat, according to official and trade sources.

4.   

Maharashtra govt join hands with PepsiCo, Unilever and others to develop value chains for vegetable crops

The Maharashtra government has joined hands with leading private companies like PepsiCo, Unilever and Jain Irrigation to enhance the efficiency of fund utilisation under various schemes. The public-private collaboration on agriculture in Maharashtra is part of the World Economic Forum's project, under which eight commodity-wise groups have been formed to develop agricultural value chains.