1. Home
  2. Market Intelligence
  3. Market News
Back
28 Mar, 2025 News Image Govt committed to purchase 100 per cent of tur, says Chouhan.
In a bid to achieve self-sufficiency and encourage farmers to produce more, the government is committed to procuring 100 per cent of the tur (arhar) through central agencies, said Union Agriculture Minister, Shivraj Singh Chouhan on Thursday. Also, the government has approved a total purchase of 27.99 lakh tonnes of gram (chana) and 28.28 lakh tonnes of mustard for the rabi marketing season 2025, besides extending the PM-Asha Yojana till 2025-26, according to an official statement.
 Source:  thehindubusinessline.com
28 Mar, 2025 News Image Steps on to secure GI tag for Mankuva cocoa.
Idukki’s Mankuva cocoa, a rare and premium variety of cocoa cultivated along the Chinnar river is now on its way to securing the prestigious Geographical Indication (GI) tag. Grown exclusively in the Konnathady and Vathikkudy panchayats, this cocoa variety has gained global acclaim for its unique quality and has put this small village on the world map of fine chocolate production.
 Source:  thehindu.com
27 Mar, 2025 News Image Cambodia and India to firm up ties in trade, technology.
Cambodia and India yesterday agreed to enhance the existing collaboration in technology, trade, and investment as the two nations have enjoyed decades of diplomatic relations, with ongoing progress in multiple areas of collaboration. A consensus to the effect was agreed upon during a meeting between Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia (CDC), and Vanlalvawna Bawitlung, the Indian Ambassador to Cambodia.
 Source:  khmertimeskh.com
27 Mar, 2025 News Image India eyes export boost to CIS as Black Sea tensions ease, seeks lower duties from South Korea.
Amid news reports of a proposed truce between Russia and Ukraine in the ongoing conflict in the Black Sea, sources within the government have indicated that a reduction in tensions may ease the transport of Indian exports to CIS countries. Apart from Russia, the Commonwealth of Independent States (CIS) comprises Kazakhstan, Uzbekistan, Turkmenistan, Kyrgyzstan, Tajikistan, Azerbaijan, Belarus, Armenia, and Moldova.
 Source:  cnbctv18.com
27 Mar, 2025 News Image India may play bigger role in global value chains soon.
The NITI Aayog is working on a programme to improve India's penetration into global value chains for the growth of domestic micro, small and medium enterprises (MSMEs), its chief executive BVR Subrahmanyam said on Wednesday. Observing that MSMEs are more affected by regulations than large companies, he said the PM has taken a major step towards deregulation and a task force under the cabinet secretary is working on it. Subrahmanyam was addressing a gathering after launching the 'Digital Excellence for Growth and Enterprise' (Dx-EDGE), a platform to empower MSMEs with the tools, knowledge and ecosystem needed to become future-ready, competitive and resilient.
 Source:  economictimes.indiatimes.com
27 Mar, 2025 News Image India surpasses Sri Lanka to become second largest tea exporter.
Finally, the Indian tea industry, which has been reeling under problems for years, has something to cheer about. According to data released by the Tea Board of India, India has exported 254 million kg of tea in 2024, thus becoming the second-highest exporter in the world. While Kenya retained the first spot in global tea exports, India surpassed Sri Lanka to take the second spot. Kenya exported over 500 Mkg of tea in 2024.
 Source:  timesofindia.indiatimes.com
27 Mar, 2025 News Image India 1st, Thailand 2nd…, list where India’s dominance leaves US and China far behind as it leads global market in…
Rice is a major commodity in global trade, and India holds the top spot as the world’s largest rice exporter. Even a small policy shift by India can significantly impact international rice prices. Following India, the other major rice-exporting countries include Thailand, Vietnam, Pakistan, China, and the United States.
 Source:  india.com
27 Mar, 2025 News Image India top milk producer in the world: Animal Husbandry Minister.
India is the top producer of milk in the world and has set a target of producing 300 million metric tons (MMT) of milk in the next five years from the present 239 MMT, Union Minister of Animal Husbandry and Dairying Rajiv Ranjan Singh said in the Lok Sabha on Tuesday. Singh also said that ever since the Modi government has launched the Rashtriya Gokul Mission (RGM) in 2014, the milk production in the country has increased by 63.5 per cent and the government is hopeful of further increasing it by 15 per cent in next three years.
 Source:  economictimes.indiatimes.com
27 Mar, 2025 News Image Potato Powerhouse: India’s Global Surge in Potato Production and Exports.
In recent years, India has solidified its position as a potato powerhouse on the global stage, impressively emerging as the second-largest producer of potatoes worldwide. As detailed in a podcast episode from the State of the Economy, hosted by Subramani Ra Mancombu with Mr Haresh Karamchandani, Managing Director & Group CEO of HyFun Foods, we delve into this remarkable rise and its implications for both Indian and global food markets.
 Source:  potatopro.com
27 Mar, 2025 News Image GM technology is like ‘playing with nature’, says Agri Minister.
Agriculture Minister Shivraj Singh Chouhan on Wednesday said that genetically modified technology is 'like playing with nature', even if it helps increase productivity. He also indicated that there may be a further hike in the import duty on edible oils.
 Source:  thehindubusinessline.com