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03 Apr, 2025 News Image Government steps up measures to curb illegal import of Chinese garlic.
Despite a ban on importing Chinese garlic due to the discovery of certain harmful fungi in the imported consignments, India continues to get Chinese garlic, as indicated by the latest data on seized consignments.
 Source:  thehindubusinessline.com
03 Apr, 2025 News Image Odisha makes first-ever global export of Moringa, Parwal to Dubai.
Odisha has recorded its first-ever international export of drumstick (moringa) from the Rayagada district and pointed gourd (parwal) to Dubai. The consignment, totalling 910 kg, was shipped through Biju Patnaik International Airport (BPIA), Bhubaneswar, reflecting Odisha’s expanding footprint in global agri-markets.
 Source:  economictimes.indiatimes.com
03 Apr, 2025 News Image India to face 'discounted' 26% tariff from US; Trump slaps 34% on China.
After weeks of anticipation, President Donald Trump unveiled a new set of tariffs on both allies and adversaries, aiming to address what he describes as unfair trade practices. The tariffs, which are set to impact countries that impose high duties on US exports, will see India facing a 26% tariff on its goods entering the US, along with significant penalties for other nations.
 Source:  economictimes.indiatimes.com
02 Apr, 2025 News Image CBIC to introduce e-processing of export, import through personal carriage by air pax from May 1.
The CBIC on Tuesday said it will introduce electronic processing of import/ export through personal carriage by air passengers from May 1 at specified airports. Nine airports at Delhi, Mumbai, Kolkata, Chennai, Kochi, Coimbatore, Bangalore, Hyderabad and Jaipur would allow personal carriage export of gems and jewellery. Seven airports Delhi, Mumbai, Kolkata, Chennai, Bangalore, Hyderabad and Jaipur would allow personal carriage import of gems and jewellery.
 Source:  economictimes.indiatimes.com
02 Apr, 2025 News Image India exported 19.86 million tonnes rice till Mar 25 of FY25: Govt tells RS.
India has exported 198.65 lakh tonnes of rice till March 25 of the last fiscal year, surpassing the outward shipment of 163.58 lakh tonnes in the entire 2023-24 financial year. In a written reply to Rajya Sabha, Minister of State for Food and Consumer Affairs Nimuben Jayantibhai Bambhaniya said, 'The domestic production of agri-commodities. their availability and import/export is monitored closely by the government...'.
 Source:  business-standard.com
02 Apr, 2025 News Image West African parboiled rice prices fall 25% after export duty removal.
West African parboiled rice prices have fallen 25% over the past six months following India's removal of a 10% duty on exports. Platts, part of S&P Global Commodity Insights, assessed the price of PB 5% STX CFR Cotonou at $450/mt on March 31, down from $600/mt on Sept. 27.
 Source:  spglobal.com
02 Apr, 2025 News Image Government approves export of key commodities to Maldives for 2025-26.
India on Tuesday notified exports of specified quantities of commodities like eggs, potatoes, onions, rice, wheat flour, sugar, and dal for the Maldives in the current fiscal year. The Directorate General of Foreign Trade (DGFT) in a notification said these exports have been permitted to the Maldives under the bilateral trade agreement between the countries in 2025-26.
 Source:  business-standard.com
02 Apr, 2025 News Image India a major geopolitical power, want strategic ties with it: Dutch FM.
India and the Netherlands are looking at firming up an ambitious agreement this year to facilitate cooperation in high technology areas such as semiconductors, Dutch Foreign Minister Caspar Veldkamp said on Tuesday. In a media interaction, Veldkamp said the Netherlands is also eyeing to firm up a strategic partnership with India as it is emerging as a major geopolitical power in the Indo-Pacific.
 Source:  business-standard.com
02 Apr, 2025 News Image India's tariff policy aims to regulate trade, protect industries, generate revenue: Piyush Goyal.
Commerce and Industry Minister Piyush Goyal on Tuesday said the country's tariff policy aims to regulate trade, protect domestic industries, and generate revenue through taxes on imported and exported goods. In a written reply to the Lok Sabha, he said with the changing trade scenario, India is moving towards having free trade agreements wherein customs tariffs and non-tariff barriers are reduced or eliminated on substantial trade.
 Source:  economictimes.indiatimes.com
02 Apr, 2025 News Image India’s coffee exports surpass Govt target for 3rd year in a row.
For the third consecutive year, India’s coffee exports have exceeded government targets, driven by rising prices, global demand and growing domestic production. For FY25, India’s coffee shipments crossed $1.816 billion, registering a 46 per cent increase over previous year’s $1.286 billion. In volume terms, coffee exports were up 1.56 per cent at 3.89 lakh tonnes (lt), based on the permits issued by the Board. In fact, coffee exports have more than doubled over the past five years since 2020-21, when shipments were $735 million.
 Source:  thehindubusinessline.com