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02 May, 2025 News Image Union Minister Shri Jyotiraditya Scindia Holds Investor Interactions in Mumbai; Ambani, Birla, Tata Express Interest in Northeast Region
Union Minister Shri Jyotiraditya M. Scindia emphasized the Government of India’s strategic vision to position the Northeast as a new growth engine for the country. “The goal is to integrate the eight states into one unified development goal as India’s growth engine,” he said. He also underlined the role of public-private partnerships in accelerating sustainable development in the region. The Minister further shared with the industrialists some of the key initiatives undertaken by MDoNER, which included the formation of a High-Level Task Force with the Chief Ministers of all eight Northeastern states, the establishment of Investment Promotion Agencies (IPAs) in each state, among others.
 Source:  Pib.gov.in
02 May, 2025 News Image Piyush Goyal concludes historic Norway visit, focuses on strengthening trade ties
In a social media post shared on Thursday, Goyal said, Concluded my productive visit to Norway, the first by a Commerce and Industry Minister from India in over 25 years. My engagements with the political and business leadership in the country give me immense confidence that our ties are set to enter a new phase of trust and growth. During his visit, Goyal met Cecilie Myrseth, Norway's Minister of Trade and Industry. The two leaders held discussions on enhancing trade relations in line with the recently signed India-EFTA Trade and Economic Partnership Agreement (TEPA). They also explored new opportunities to boost bilateral cooperation in various sectors.
 Source:  www.livemint.com
02 May, 2025 News Image India may export up to 8 lakh tons of sugar this season: Food Secretary Sanjeev Chopra
India, the world's leading sugar producing country, may export up to 8 lakh tones of sugar, lower than the permitted quota of 10 lakh tones in the 2024-25 season ending September, a top government official said on Thursday .So far, the country has shipped 3 lakh tones of sugar and about 60,000 tones is at ports for shipment, a senior food ministry official said. Addressing a press conference, Food Secretary Sanjeev Chopra said, We will export 8 lakh tones out of the total quota permitted.
 Source:  economictimes.com
01 May, 2025 News Image Agriculture Trade Nominee Names India, EU as Focus for Exports.
Developing greater agricultural market access in India and the European Union for American farmers are key targets for the Trump administration’s nominee to lead the US Agriculture Department’s trade mission, he told senators Tuesday. Luke Lindberg said he’s excited to build on the administration’s efforts to secure a trade deal with India and expressed concern about a '$23.6 billion trade deficit' with the European Union during a Senate Agriculture Committee hearing considering his nomination as USDA’s under secretary for trade and foreign agricultural affairs.
 Source:  news.bgov.com
01 May, 2025 News Image FSSAI launches new digital tool for consumers to report misleading claims on labels.
The Food Safety and Standards Authority of India (FSSAI) on Wednesday said that it has has introduced a new digital utility tool that will enable consumers to directly report misleading claims made on food product labels. It said this move is aligned with its Advertisement and Claims Monitoring Committee and will strengthen ground-level vigilance. 'Consumers can now lodge complaints regarding misleading or false claims displayed on packaged food items through the Food Safety Connect mobile application or via Food Safety Compliance System. This initiative is part of FSSAI’s ongoing efforts to promote transparency, protect consumer rights and strengthen food safety regulations in the country,' it said in an official statement.
 Source:  thehindubusinessline.com
01 May, 2025 News Image Commerce Min seeks exporters' views on schemes under export promotion plan.
The commerce ministry has sought views of export promotion councils (EPCs) on the different schemes which the government is framing under the export promotion mission announced in the Union Budget, an industry official said. The councils will have to submit their comments by tomorrow to the Directorate General of Foreign Trade (DGFT), the official said.
 Source:  business-standard.com
01 May, 2025 News Image USDA Forecasts 3.9 Million Ton Drop in Indonesia's Rice Imports by 2025.
The United States Department of Agriculture (USDA) projects that Indonesia’s rice imports will fall to 800,000 tons in 2025, a drop of 3.9 million tons, as domestic rice production improves. This projection was included in the April 2025 edition of the Rice Outlook report, released on Monday, April 14. According to the USDA, Indonesia’s rice stockpile for the 2024/2025 period is expected to increase by 0.6 million tons, reaching nearly 5 million tons. This rise is attributed to a larger harvest.
 Source:  en.tempo.co
01 May, 2025 News Image Time to break-free from paddy for sustainable agriculture in India.
The Indian agriculture sector is at a crucial juncture. Intensive paddy cultivation has been the cornerstone of the sector for decades now, providing livelihoods for millions of people. However, this practice now poses a significant roadblock in India’s journey towards sustainability. As per the latest estimate of 2023-24, paddy cultivation in India occupies an area of 47.82 million hectares (Mha), accounting for 36 per cent of the total area under foodgrain production. It is projected that if the resource-intensive methods and the intensity of paddy production remain unchanged, then methane (CH4) and nitrous oxide (N2O) emissions from paddy cultivation could increase by 35–60 per cent, by 2030. This can be accredited to over-irrigation of paddy fields, over-application of fertilizers, and paddy residue burning.
 Source:  business-standard.com
01 May, 2025 News Image Japanese Investors’ Strategic Shift To India From China And ASEAN, To Rein In Global Trade Tensions – Analysis.
China and ASEAN have always been the prime destinations for Japanese investment in Asia. But, there was a turnaround in the trajectory of investment destination with global trade tension intensifying. India emerged as the second biggest destination for Japanese investment in Asia, followed by China and ASEAN (except Singapore) in 2023 and 2024.
 Source:  eurasiareview.com
01 May, 2025 News Image Indian trade deal talks moving well, much easier to negotiate with India: US Treasury Secretary Bessent.
The US is 'The US is 'very close' on a trade deal with India, US Treasury Secretary Scott Bessent said Tuesday, noting that it is much easier to negotiate with Delhi because of the high tariffs and talks with the country are 'moving well.' Bessent made these remarks at a press briefing in the White House. Earlier, on Monday, he told CNBC that India is likely to be among the first countries to finalise a bilateral trade agreement with the US to avert reciprocal tariffs.
 Source:  economictimes.indiatimes.com