1. Home
  2. Market Intelligence
  3. Market News
Back
21 Apr, 2025 News Image Iran, India set to expand agricultural trade ties beyond $1b.
The ministers reviewed previous agreements and reaffirmed their countries’ longstanding cultural, historical, and economic ties. Nouri Ghezeljeh expressed appreciation for India’s support in facilitating Iran’s membership in BRICS and noted that bilateral cooperation is entering a new phase.​
 Source:  tehrantimes.com
21 Apr, 2025 News Image Guwahati Tea Auction Centre registers record performance in 2024-25.
The Guwahati Tea Auction Centre (GTAC) has delivered a record-breaking sales in the just-concluded financial year 2024-25. Dinesh Bihani, Secretary of the Guwahati Tea Auction Buyers Association said that the centres recorded the sale of 169.13 million kilograms of tea in 2024-25 at an average price of Rs. 227.70 per kilogram, strengthening its position as a leading hub for quality Assam teas.
 Source:  thehindubusinessline.com
21 Apr, 2025 News Image India, Malaysia to Boost Trade Ties: MoS Margherita.
Minister of State for External Affairs and Parliamentary Affairs, Pabitra Margherita, delivered a strong message of economic partnership during a high-profile event focused on bilateral trade between India and Malaysia. On April 20, he emphasized the untapped potential that both countries could harness in sectors such as technology, manufacturing, and agriculture. He called for a reinvigorated approach to economic diplomacy, underlining that this moment offers an opportunity to transform friendly relations into a strategic and mutually beneficial economic alliance.
 Source:  boroktimes.com
21 Apr, 2025 News Image India, US push ahead on $500-billion trade pact target; Delhi team to visit Washington for key talks next week: Sources.
In a significant step toward deepening economic ties, India and the United States have finalised the Terms of Reference (ToRs) for a proposed bilateral trade agreement (BTA) that covers around 19 chapters, including goods, services, customs facilitation, and investments. Official sources said the negotiations are set to gain momentum with a high-level Indian delegation visiting Washington next week, reported PTI.
 Source:  timesofindia.indiatimes.com
21 Apr, 2025 News Image Agricultural and Processed Food Products Export Development Authority (APEDA) facilitates First Commercial Sea shipment of Indian pomegranates from Maharashtra to USA.
In a historic initiative towards introducing Indian Pomegranates to distant markets, a landmark commercial sea shipment of the prized Indian Bhagwa variety of Pomegranate has successfully arrived in New York, marking a significant milestone for India’s Fresh Fruits exports. With growing international demand for premium quality of Fresh Fruits, the arrival of this shipment heralds the potential of Indian Pomegranates becoming a preferred choice in the competitive U.S. market.
 Source:  pib.gov.in
21 Apr, 2025 News Image Vance to visit India as Trump intensifies tariff war with China.
US Vice-President JD Vance will meet Prime Minister Narendra Modi on a four-day visit to India next week as their two countries negotiate a bilateral trade deal. The two leaders are scheduled to meet on 21 April, the first day of Vance's trip, for discussions on economic, trade and geopolitical ties.
 Source:  bbc.com
21 Apr, 2025 News Image Govt procures 3,40,000 tonnes of tur under price support scheme.
The government has procured 3,40,000 tonnes of tur (pigeon pea) so far this year under the Price Support Scheme (PSS), according to agriculture ministry data. Tur procurement is being undertaken at a minimum support price (MSP) under the scheme. The ministry has sanctioned 13.22 lakh tonnes of tur procurement from nine states.
 Source:  economictimes.indiatimes.com
21 Apr, 2025 News Image Union Agriculture Minister Shri Shivraj Singh Chauhan's Brazil visit becomes important on many counts.
Union Agriculture & Farmers’ Welfare and Rural Development Minister Shri Shivraj Singh Chouhan is schedule to return from his Brazil visit on Monday morning, 21 April. His Brazil visit is important on many counts. Besides leading the Indian delegation at the 15th BRICS Agriculture Ministers’ Meeting, the Union Minister’s visit is an important step towards strengthening agricultural trade, technology and innovation between India and Brazil. During Brazil visit, the Union Minister stressed on promoting production and export of soya in India. He intends to upgrade Indian farmers by enabling them the benefits of global technologies. He said that joint efforts of various countries will strengthen global food security.
 Source:  pib.gov.in
21 Apr, 2025 News Image India's tea exports touch 254.67 million kg in 2024: Tea Board.
India's tea exports reached 254.67 million kg during the January to December 2024 period, moving the country up to the third position globally in the export of the beverage, a statement by the Tea Board of India said. The total value realisation from tea exports in 2024 stood at Rs 7,111.43 crore, reflecting a notable increase from the previous year.
 Source:  economictimes.indiatimes.com
21 Apr, 2025 News Image India eyes Rs 1000 crore opportunity to export rapeseed to China.
The China-Canada tariff war has opened up a Rs 1000 crore opportunity for India to export to Beijing rapeseed meal, a by product of mustard oil production. Such exports to China have gathered pace during past couple of weeks.
 Source:  economictimes.indiatimes.com