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07 Apr, 2025 News Image India amends import policy on roasted arecanut to support domestic farmers.
The Indian government has brought 'Roasted Areca Nuts' under a single code 08028090, placing it under the prohibited category against the earlier free regime. In its latest notification, the Directorate General of Foreign Trade (DGFT) brought ‘Roasted Areca Nuts,’ which was falling under ITC (HS) Code 08028090 and 20081920.
 Source:  thehindubusinessline.com
07 Apr, 2025 News Image Indian agriculture market to touch Rs.38 lakh crore by FY30: Report.
India’s agriculture market is set to touch Rs.38 lakh crore by financial year 2030, up from ₹31 lakh crore in FY25, according to a report. This growth of approximately 4 per cent per annum will be largely driven by the changing consumer demand for food products, new farming methods and technological advancements, the report – Innovations in Agriculture brought out by 1Lattice and The Indian Venture and Alternate Capital Association (IVCA) – said. The report was released at the Startup Mahakumbh in Delhi recently.
 Source:  thehindubusinessline.com
07 Apr, 2025 News Image After rasogolla, GI tag for nolengur sandesh; three more sweets, aromatic rice, silk yarn & guava on list too.
Nolengur sandesh, winter’s gift to Bengal’s sweet shops, can now claim its badge of authenticity. It has followed its equally illustrious cousin, Banglar Rasogolla, in getting a Geographical Indication (GI) tag. Rasogolla had got the tag in 2017.
 Source:  telegraphindia.com
07 Apr, 2025 News Image Bangladesh imports 10,850MT more rice from India.
Another consignment of 10,850 metric tonnes (MTs) of Indian parboiled rice arrived at the country’s premier seaport, Chattogram Port on Thursday. A vessel ‘MV HT UNITE’ carrying the consignment docked at the port, said a media release sent from the Ministry of Food.
 Source:  unb.com.bd
07 Apr, 2025 News Image ICAR scientists simplify cashew nut separation from cashew apple with 3 innovative machines.
The method of separating cashew nut from cashew apple has remained a labour-intensive process. But not any more. A team of scientists from ICAR – Directorate of Cashew Research (DCR), Puttur, and ICAR – Central Institute of Agricultural Engineering (CIAE), Research Station, Coimbatore, has come out with solutions for cashew nut separation from cashew apple. Based on the requirements of different segments of the farming community — ranging from a farmer with small holdings to FPOs (farmer producer organisations) —the team has developed three machines to carry out this process.
 Source:  thehindubusinessline.com
07 Apr, 2025 News Image Non-trade issues take backseat in FTA talks.
Developed countries are softening their stance on pushing non-trade issues such as sustainability and environment in their free trade agreement (FTA) negotiations with India, officials said-a shift that could smoothen ongoing trade talks with partners like the EU and the UK. 'Gradually those countries are suggesting to start business first and look into the rest of the extraneous issues later,' one of the officials told ET.
 Source:  economictimes.indiatimes.com
07 Apr, 2025 News Image India may not lose much in agriculture due to Trump's tariffs: Economist Ashok Gulati.
Ashok Gulati, a well-known Indian agricultural economist and professor at the Indian Council for Research on International Economic Relations (ICRIER), said that India is unlikely to face major losses in its agricultural exports due to new tariffs announced by US President Donald Trump. In fact, he stated that if India negotiates wisely during bilateral trade talks with the US, it could even gain some ground.
 Source:  economictimes.indiatimes.com
07 Apr, 2025 News Image India advocates strengthened bilateral, economic ties with Nigeria.
The Acting High Commissioner of India to Nigeria, Vartika Rawat has called for more improved bilateral trade and economic ties between the two countries for shared growth and prosperity. Rawat made the call while speaking at a panel discussion held during the maiden edition of India trade expo 2025 in Lagos.
 Source:  businessday.ng
07 Apr, 2025 News Image Customs speeds up shipments to US.
Indian customs authorities are fast-tracking shipments headed to the US ahead of the Trump administration's April 9 deadline for 26% reciprocal tariff on New Delhi. Effective April 5, the US has imposed 10% additional duty on most goods entering the US from India unless they were already in transit. This tariff level is set to increase to 26% from April 9.
 Source:  economictimes.indiatimes.com
04 Apr, 2025 News Image Raise the Spirits: Whisky and rum dominate India's rising thirst for premium alcohol.
India is no longer just about volumes, when it comes to alcohol beverage sales. It has made significant strides in value, too. Among global market revenue contributors, it now ranks 5th at 3.1% market share, after China (21%), the US (17.6%), Japan (7.6%) and Britain (4%). The Indian alcobev market is the only one alongside China that offers volumes to the world, with a consistently growing trend for premium products that mirrors the fast urbanisation of India and growing aspirations of young India who enjoy their tipple. A country with a median age of 28 years offers long-term growth in this sector, as in most others.
 Source:  economictimes.indiatimes.com