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India fastest growing economy during last 3 financial years: Nirmala Sitharaman.

Apr 18, 2024

Union Finance Minister Nirmala Sitharaman said here on Tuesday that India has been the fastest growing economy in the last three consecutive financial years and this growth can continue in the coming years as well. She said the next 25 years will be critical for India.

    
Source: economictimes.indiatimes.com



India allows onion export to Sri Lanka, gives additional quota to UAE.

Apr 18, 2024

India has allowed a limited quantity of onion exports to the United Arab Emirates (UAE) and Sri Lanka, at a time when the staple vegetable's outward shipments have been kept under restrictions.

    
Source: economictimes.indiatimes.com



Working towards ambitious deal with India says UK as FTA talks resume.

Apr 18, 2024

The UK government on Tuesday said that it continues to work towards striking an 'ambitious' trade deal with India as a negotiating team from Delhi resumed talks with their British counterparts in London this week.

    
Source: theweek.in



After resolving WTO disputes, India opened up mkt for US: Biden admin.

Apr 18, 2024

After resolving half a dozen WTO disputes last year, India opened up its market for several US products which have benefitted American farmers, a top Biden administration official told lawmakers on Tuesday.
 
    
Source: business-standard.com



WTO agri talks: India asks countries to revisit its proposal on permanent solution for public stockholding.

Apr 18, 2024

India is trying to restart work at the WTO on the long-pending permanent solution for public stockholding subsidies, for smooth running of programmes such as the MSP, after the recent Ministerial Conference in Abu Dhabi failed to deliver results, but some countries, including Brazil and the US, are trying to defer the matter, sources have said.

    
Source: thehindubusinessline.com



India's oilmeal exports in 2023-24 fiscal hit record high.

Apr 18, 2024

India’s oil meal exports in 2023-24 fiscal have touched record high levels in both value and quality terms, shows data compiled by industry body Solvent Extractors’s Association (SEA).
 
    
Source: economictimes.indiatimes.com



Bangladesh allows import of 124,000 tonnes of rice.

Apr 18, 2024

The government has approved the import of 124,000 tonnes of rice amid rising prices of the food staple.  
After cutting the import duty in February, it had allowed the importers to bring 83,000 tonnes in March.
    
Source: bdnews24.com



Govt asks traders to speed up pulses import from Myanmar using forex.

Apr 18, 2024

India and Myanmar have set up a new forex payment mechanism via the Punjab National Bank to ease cross-border movement of goods, especially pulses, which Indian importers are being encouraged to use to avoid logjams, a top official said.
 
    
Source: hindustantimes.com



India's pulses import almost doubled in 2023-24, it may rise further this year.

Apr 18, 2024

Despite several measures, including various incentives to farmers, India is still dependent on imports of pulses for its domestic requirements.
Pulses imports have almost doubled in 2023-24 to USD 3.74 billion.
    
Source: economictimes.indiatimes.com



GI tag to Kashi’s Tirangi Barfi, 5 other items of UP.

Apr 18, 2024

Nearly eight decades after India's independence, the 'Tirangi Barfi' of Kashi, a sweet treat regarded as the 'sweet weapon' of freedom fighters during the Quit India Movement, has finally received the prestigious Geographical Indication (GI) tag.

    
Source: timesofindia.indiatimes.com



FSSAI issues list of processing aids; no action against use of such aids.

Apr 18, 2024

The FSSAI has issued a list of processing aids that can be used by food businesses, and asked the state Food Safety Commissioners not to take any action on use of such processing aids.

    
Source: fnbnews.com



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