03 Dec, 2024 News Image India exports organic food products worth nearly $450 million till November 25 of FY2025.

India has exported organic food products worth nearly USD 450 million till November 25 of the current fiscal year, the government said on Monday. The country has exported 2,63,050 tonnes for USD 447.73 million till November 25 of the current fiscal, an official statement said.


 Source:  economictimes.indiatimes.com
03 Dec, 2024 News Image Mumbai to host global expo of nuts and dried fruits in Feb 2025.
Nuts and Dry Fruits Council of India is set to host the second edition of MEWA, India from February 12 to 14, 2025 in Mumbai.
MEWA, India’s foremost B2B exhibition for nuts and dried fruits, will feature participants from over 30 countries. With 130-plus exhibitors and 6,000-plus participants last year, the event will offer the industry to foster advancements in research, innovation, production, trade, and consumption, said a press release.

 Source:  thehindubusinessline.com
03 Dec, 2024 News Image New route for INSTC gets activated for Indo-Russian trade.

India has used a new Transcaspian leg of the International North South Transportation Corridor or INSTC for the first time to transport goods to Russia.


 Source:  economictimes.indiatimes.com
03 Dec, 2024 News Image Mauritius offers India a gateway for strategic cooperation with Africa.

Mauritius is an important gateway for India’s strategic and economic partnership with Africa. Located in the Indian Ocean, Mauritius is in a position to leverage its geographic location, robust economic policies and regional agreements to facilitate trade and investment between India and Africa in consonance with India’s Africa strategy as laid down by Prime Minister Narendra Modi.


 Source:  livemint.com
02 Dec, 2024 News Image Sri Lanka: Tenders called to import 70,000 metric tonnes of Nadu rice.
Tenders have been called from suppliers to import 70,000 metric tonnes of Nadu rice from India, Lanka Sathosa Chairman Samitha Perera said.
Suppliers have been given a seven-day period, starting today (29), to submit their quotations.

 Source:  newswire.lk
02 Dec, 2024 News Image Real GDP has been estimated to grow by 5.4% in Q2 of FY 2024-25.

The National Statistics Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI) is releasing in this Press Note, Quarterly Estimates of Gross Domestic Product (GDP) for the July-September Quarter (Q2) of the Financial Year (FY) 2024-25 along with its expenditure components both at Constant (2011-12) and Current Prices. Quarterly and Half-Yearly (April-September) Estimates of Gross Value Added (GVA) at Basic Prices by kind of economic activity along with year-on-year percent changes and expenditure components of GDP for the financial years 2022-23, 2023-24 and 2024-25 at Constant and Current Prices are given in Statements 1 to 8 of Annexure A.


 Source:  pib.gov.in
02 Dec, 2024 News Image India's vision is to become world's most efficient and trusted trade hub: Revenue secy.

India's vision is to become the world's most efficient and trusted trade hub by expanding participation of authorised economic operators (AEOs), integrated free zones, and promoting innovative policies, Revenue Secretary Sanjay Malhotra said on Friday. 'We aim to set new benchmarks in trade facilitation and global connectivity,' Malhotra said while delivering the valedictory address at the Global AEO Conference here.


 Source:  economictimes.indiatimes.com
02 Dec, 2024 News Image India, France looking at strong economic ties: French foreign trade minister.

After forging close partnership in the defence domain, India and France are now looking at significantly deepening economic and trade ties especially in sectors like clean energy, new technologies and aviation, French foreign trade minister Sophie Primas has said. At the end of her three-day visit to India, Primas said France is looking forward to further negotiations between New Delhi and the European Union for finalisation of a 'mutually beneficial' free trade deal that could expand two-way economic engagement.


 Source:  economictimes.indiatimes.com
02 Dec, 2024 News Image India-Middle East-Europe Corridor Will Be Source Of Regional Peace, Stability: French Trade Minister.

The India-Middle East-Europe Economic Corridor (IMEEC) will enhance strategic supply chains and boost security in economic and energy sectors, and it will be a source of regional peace and stability, French foreign trade minister Sophie Primas has said. In an interview to PTI, Primas said France looks at the proposed corridor as a key to regional integration, stability, and an opportunity to hasten the decarbonisation of trade routes.


 Source:  etvbharat.com
02 Dec, 2024 News Image Arunachal launches Mission Arun Himveer to promote local produce.

In a significant move to enhance market linkage for agricultural and horticultural produce in Arunachal Pradesh, the state govt launched ‘Mission Arun Himveer' on Friday. The initiative was marked by the signing of an MoU between the Arunachal Pradesh Agriculture Marketing Board (APAMB) and the Indo-Tibetan Border Police (ITBP), North East Frontier, in the presence of chief minister Pema Khandu in Itanagar.


 Source:  timesofindia.indiatimes.com