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30 Apr, 2025 News Image Telangana and Tamil Nadu clock highest growth in exports in FY25.
As India strengthens its exports of non-petroleum and non-gems & jewellery products, the Southern states are emerging as the country’s export hubs. Gujarat and Maharashtra continue to be top merchandise exporters but both states posted a decline in their FY25 exports, as per analysis of state-wise exports in the National Import-Export Record for Yearly Analysis of Trade (NIRYAT).
 Source:  thehindubusinessline.com
30 Apr, 2025 News Image Centre raises wheat procurement target to over 32 million tonnes.
The Indian government has raised the wheat procurement target in Madhya Pradesh by 1 million tonnes (mt) to 7 mt this year in view of higher yield. Harvest has been completed across the central Indian State. The all-India target of wheat now stands revised at 32.27 mt as no change has been made for other States. The all-India daily procurement is also more than 1 mt now, which shows that the agencies made good preparation to procure as much wheat as possible, said an official source.
 Source:  thehindubusinessline.com
30 Apr, 2025 News Image Commerce Secretary Shri Sunil Barthwal Visits Netherlands to Strengthen Bilateral Trade and Economic Partnership.
Commerce Secretary, Ministry of Commerce and Industry, Government of India,Shri Sunil Barthwal, visited the Netherlands from 24–26 April 2025 to advance bilateral trade and economic cooperation between India and the Netherlands. The visit underlined India’s commitment to strengthening its economic engagement with the Netherlands, a key European partner. During his visit, Mr. Barthwal engaged in high-level discussions, industry interactions and toured places of economic importance.
 Source:  pib.gov.in
30 Apr, 2025 News Image Global rice price heads up as Thailand, Pakistan stocks drop.
Rice prices have begun to rise after falling to two-year lows in the global market, as stocks with some exporters such as Thailand and Pakistan have declined. 'Prices have begun to rise over the past couple of days, particularly in Thailand, as stocks have declined,' said Rajesh Jain Paharia, a New Delhi-based exporter.
 Source:  thehindubusinessline.com
30 Apr, 2025 News Image Soaring prices, empty shelves as Japan’s rice crisis worsens.
Rice is a staple in Japanese culture and cuisine, so much so that the word for 'meal' is synonymous with 'cooked rice.' But demand for the grain is rapidly outstripping supply, causing prices to soar, and the country is now taking the rare steps of releasing rice from its emergency stockpile and turning to imports.
 Source:  washingtonpost.com
30 Apr, 2025 News Image Commerce Secretary Shri Sunil Barthwal Engages with Croatian Counterparts to Strengthen Bilateral Economic Cooperation.
Commerce Secretary, Government of India, Shri Sunil Barthwal, visited the Republic of Croatia from 22–23 April 2025, where he held bilateral discussions with Mr. Zdenko Lucić, State Secretary for Foreign Trade and Development, Ministry of Foreign and European Affairs, and Mr. Ivo Milatić, State Secretary, Ministry of Economy. The meetings focused on advancing India-Croatia trade and investment relations, promoting sectoral collaboration, and reinforcing India’s engagement with the Central European region.
 Source:  pib.gov.in
30 Apr, 2025 News Image Pakistani exporters to move government against Qatar’s India-only rice tender.
Pakistani rice exporters said on Saturday they would send a letter to Qatar on Monday through the ministry of commerce and the Trade Development Authority to complain about an India-specific basmati rice import tender, which local traders have called a discriminatory move by the Qatari government. Earlier this year, Qatar lifted a ban, imposed since 2011-12, on the import of rice from Pakistan, thus allowing Islamabad to export 4,000 metric tons or 100,000 bags of basmati rice to Doha.
 Source:  arabnews.com
29 Apr, 2025 News Image PM Modi how Kerala’s saffron and Karnataka’s apple farms are changing the face of Indian agriculture.
Prime Minister Narendra Modi on Sunday hailed the 'Ek Ped Maa Ke Naam' initiative and urged citizens across the country to actively participate in the campaign by planting trees in the name of their mothers. He also shared inspiring examples from Ahmedabad, Kinnaur, Rajasthan, Karnataka, and Kerala, where people have successfully cultivated trees and crops in challenging climate conditions.
 Source:  english.mathrubhumi.com
29 Apr, 2025 News Image High US tariffs pushing Chinese exporters to tap Indian firms for shipments to America: FIEO.
American sourcing firms and exporters in China are approaching Indian companies to supply goods to the US as high tariffs imposed by Washington are making it difficult for them to ship directly to America, apex exporters' body FIEO said on Monday. The US has imposed 145 per cent tariffs on Chinese goods entering the American market. For India, the duty is just 10 per cent.
 Source:  economictimes.indiatimes.com
29 Apr, 2025 News Image Record Myanmar crop, higher rabi and zaid output to weigh on urad prices.
Prices of urad or black matpe continue to trend lower on weak demand. This comes amidst good rabi crop arrivals and expectations of higher imports from Myanmar, which has harvested a record crop this year. Also, with summer crop set to hit the markets in state such as Gujarat and Madhya Pradesh in the weeks ahead, the prices are likely to come under further pressure, trade sources said.
 Source:  thehindubusinessline.com