1. Home
  2. Market Intelligence
  3. Market News
Back
30 May, 2025 News Image India to Remain Fastest-Growing Economy for Next 30 Years: Union Minister of Commerce & Industry Shri Piyush Goyal.
India to remain fastest-growing large economy in the world for next 30 years, said Union Minister for Commerce & Industry Shri Piyush Goyal at CII Annual Business Summit 2025 today in New Delhi. On India’s economic trajectory, Shri Goyal stated that the country has maintained sustained growth of 6–7% and hopes to push it to 8% at constant prices.
 Source:  pib.gov.in
30 May, 2025 News Image Kashmir’s Walnut Industry Gets a Boost After India Ends Trade Ties with Pakistan.
India’s decision to sever trade ties with Pakistan has brought unexpected relief to Jammu and Kashmir’s struggling walnut industry. On May 2, the Central government imposed a blanket ban on imports from Pakistan, shutting down the Attari-Wagah trade route.
 Source:  knnindia.co.in
30 May, 2025 News Image UK flags new Indian market for Scottish salmon trade after FTA.
The UK government has flagged the unlocking of the Indian market for Scottish salmon following the Free Trade Agreement (FTA) with India, finalised earlier this month and expected to be formally signed off in the coming weeks. Downing Street has this week been highlighting benefits of the India-UK FTA and other trade pacts struck in its wake with the US and European Union (EU) in an effort to showcase the sectors and regions across the United Kingdom set to benefit.
 Source:  economictimes.indiatimes.com
30 May, 2025 News Image Union Agriculture Minister Launches ‘Viksit Krishi Sankalp Abhiyan’ at ICAR-CIFA, Bhubaneswar.
In a landmark initiative aimed at transforming Indian agriculture, the Union Minister of Agriculture and Farmers’ Welfare, Shri Shivraj Singh Chouhan, launched the Viksit Krishi Sankalp Abhiyan (VKSA-2025) at the ICAR-Central Institute of Freshwater Aquaculture (ICAR-CIFA), Kausalyaganga, Bhubaneswar, Odisha.
 Source:  pib.gov.in
30 May, 2025 News Image Next round of India-US trade negotiations to take place on June 5-6 in New Delhi.
In a significant development, a US team will visit India on June 5-6 to discuss a Bilateral Trade Agreement (BTA) with India, said government sources. According to the sources, the bilateral trade talks between the two countries are progressing well.
 Source:  economictimes.indiatimes.com
30 May, 2025 News Image Trade pact talks with US on track, India a compulsive investment destination: Piyush Goyal.
Negotiations with the US for a bilateral trade agreement are well on track and those with the EU are also progressing at a fast pace, Commerce and industry Minister Piyush Goyal said Thursday at the CII AGM. He also said that India is a 'compulsive investment destination' with a strong flow of foreign direct investments.
 Source:  economictimes.indiatimes.com
30 May, 2025 News Image NSSPL Expands Global Footprint with Exporting 5 TPH Frozen French Fries Processing Line.
From India to World. Natural Storage Solutions Pvt. Ltd. (NSSPL), a leader in turnkey food processing solution, has added another feather to its cap with the successful export of a 5 tonnes per hour (TPH) fully automatic French Fries Processing Line. This achievement marks a significant step forward in showcasing Indian manufacturing and engineering capabilities globally.
 Source:  potatopro.com
30 May, 2025 News Image India pegs wheat, maize and rice production at record high.
The Indian government on Wednesday said the country achieved a record foodgrains production of 353.96 million tonnes (mt) in the current crop year to June 30. The record production included an all-time high output of 149.07 mt in rice, 117.51 mt in wheat and 42.28 mt in maize. The current year’s foodgrain output is 6.5 per cent higher from 332.3 mt achieved in 2023-24.
 Source:  thehindubusinessline.com
30 May, 2025 News Image A 100% no food labels sent packing: FSSAI asks food companies not to make false claims of absolute purity.
The government has tightened scrutiny on packaged food companies, directing them to discontinue claims of 100% on food labels, packaging and promotional content. It has termed such claims as 'misleading to consumers, and ambiguous and prone to misinterpretation'. In a May 28 advisory, the Food Safety and Standards Authority of India (FSSAI) said 'the term 100% is not defined or referenced in any manner under the Food Safety Act'.
 Source:  economictimes.indiatimes.com
30 May, 2025 News Image Union Agriculture Minister Shri Shivraj Singh Chouhan to visit Jammu on Friday.
Union Minister of Agriculture, Farmers Welfare and Rural Development Sh. Shivraj Singh Chouhan will participate in the farmers Convention organized under the 'Vikasit Krishi Sankalp Abhiyan' in Jammu on Friday. The minister will be accompanied by the Union Minister of State, Science & Technology; Minister of State, Earth Sciences; MoS PMO; Personnel, Public Grievances, Pensions; Atomic Energy and Space, Dr Jitendra Singh, Dr. Jitendra Singh.
 Source:  pib.gov.in