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19 May, 2025 News Image Value-added products drive Heritage Foods profits in 2024-25.
Heritage Foods has registered its highest-ever quarterly revenues in the fourth quarter of 2024-25. It achieved Rs.1,000 crore revenue in the March quarter. Its annual revenues was also a record high. Brahmani Nara, Executive Director of Heritage Foods, said that the company registered a revenue of Rs.4,134.6 crore in the financial year 2024-25.
 Source:  thehindubusinessline.com
19 May, 2025 News Image Nepal: Exports to India from Belahiya rise.
The country's export trade has seen significant improvement in the past three years through the Belahiya border crossing in Rupandehi. Although the Bhairahawa Customs Office has not been able to collect the revenue as per the target, there has been an improvement in exports.
 Source:  risingnepaldaily.com
19 May, 2025 News Image India climbs the Great Wall to emerge as world’s top rice producer.
This is another new normal from India. It has emerged as the world’s largest producer of rice, with its output in the 2024-25 season to June estimated at over 149 million tonnes (mt). India has been able to achieve this, thanks to the efforts of agricultural scientists and some States’ continued incentives for the paddy crop.
 Source:  thehindubusinessline.com
19 May, 2025 News Image India is now world’s fourth largest marine products exporter.
India is now the fourth largest exporter of marine products, commerce and industry ministry said, with 130 countries importing Indian marine products in FY25, as against 105 in 2014-15. In 2024-25, India exported 16.85 lakh metric tonnes (LMT) of marine products from 10.51 LMT in 2014-15. Backed by advancements in aquaculture practices, better cold chain infrastructure, and adherence to international quality norms, the country’s marine exports grew to $7.2 billion in 2024-25 from $5.4 billion in FY15.
 Source:  economictimes.indiatimes.com
19 May, 2025 News Image Pulses import value drops 23.5% to $314 million during April on fall in purchase of yellow peas, lentils.
After a record imports last fiscal, India’s overseas purchase of pulses are likely to slow down in the current year. In April 2025, the import value of pulses declined by 23.5 per cent on sharp fall in imports of yellow peas and lentils over the corresponding period last year. As per the Commerce Ministry’s quick estimates, the pulses imports in value terms declined to $314.4 million during April, over same period last year’s $411 million.
 Source:  thehindubusinessline.com
16 May, 2025 News Image Andhra Pradesh: Promote horticulture to ensure double income to farmers: CM.
Chief Minister Nara Chandrababu Naidu has directed officials to promote horticulture cultivation extensively across all regions of the State, excluding the Godavari and Krishna deltas. He emphasised that the goal should be to ensure a minimum annual income of 1 lakh per acre for farmers. During a review meeting on horticulture held at the Secretariat on Monday, the Chief Minister stated that 24 horticulture clusters should be developed across the state based on 11 priority crops — chili, banana, mango, oil palm, cocoa, dragon fruit, cashew, coffee, coconut, tomato, and onion — to provide necessary support to farmers.
 Source:  thehansindia.com
16 May, 2025 News Image India presents a big opportunity for US sorghum exports.
As trade tensions with China resurface, U.S. sorghum producers are bracing for impact and also looking ahead to new opportunities. Amy France, chair of the board of directors with National Sorghum Producers, says the sorghum sector is once again facing trade pressures — challenges that feel familiar but come with a new level of financial stress for producers.
 Source:  realagriculture.com
16 May, 2025 News Image Vietnam forecast to become world’s second-largest rice importer by 2025–26.
Vietnam is projected to become the world’s second – largest rice importer in 2025-26, coming only after the Philippines, as the country must ramp up imports to meet export demand amid falls in domestic production, according to the latest World Agricultural Supply and Demand Estimates, released by the US Department of Agriculture (USDA). The USDA estimates that Vietnam will import four million tonnes of rice in 2024-25 and 4.1 million tonnes in 2025-2026, while the Philippines – a traditional buyer or Vietnamese rice – is expected to remain the world’s largest importer of rice with demand at around 5.5 million tonnes annually.
 Source:  en.vietnamplus.vn
16 May, 2025 News Image India's Exports to US Surge 27.3% in April.
India's exports to the US rose by 27.3 per cent to USD 8.42 billion, while imports surged by 63.76 per cent to USD 5.24 billion in April, according to the commerce ministry data. Trade experts said that domestic exporters have rushed to deliver their orders to avoid the reciprocal tariffs announced by the Trump administration on April 2.
 Source:  money.rediff.com
16 May, 2025 News Image S Jaishankar rebuts Trump’s ‘zero tariff’ claim, says discussions still on.
India's trade negotiations with the US are complicated and nothing is decided till everything is, external affairs minister S Jaishankar said on Thursday. He was speaking ahead of commerce and industry minister Piyush Goyal's visit to Washington-starting May 17-for discussions on the proposed Bilateral Trade Agreement (BTA).
 Source:  economictimes.indiatimes.com