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19 Mar, 2025 News Image India and New Zealand working on a comprehensive, mutually beneficial Free Trade Agreement: Shri Piyush Goyal.
India and New Zealand are working to finalize a comprehensive and mutually beneficial Free Trade Agreement. Union Minister of Commerce & Industry, Shri Piyush Goyal, said this while addressing the CEOs of India and New Zealand in New Delhi today. The two countries had announced the launch of negotiations for an FTA earlier this week. The event today was attended by the Right Honourable Christopher Luxon, Prime Minister of New Zealand, Hon'ble Mr. Todd McClay, New Zealand's Minister for Trade and Investment, Agriculture and Forestry, business leaders and senior officers of the two countries.
 Source:  pib.gov.in
19 Mar, 2025 News Image Madhya Pradesh: Agriculture now profitable venture in state: CM.
CM Mohan Yadav on Tuesday said agriculture has become a profitable venture in the state due to continuous innovations and reforms. The state had surpassed Punjab, Haryana and other agricultural leaders in farm development, Yadav told a visiting National Defence College (NDC) delegation. The CM highlighted the massive expansion of irrigation in MP, stating while only 7 lakh hectares of farmland were irrigated in 2002-03, the figure now exceeds 55 lakh hectares. He credited this for improving both productivity and sustainability for farmers.
 Source:  timesofindia.indiatimes.com
19 Mar, 2025 News Image India, Sweden seek to boost trade, investment ties.
India and Sweden explored ways to further strengthen their bilateral trade and investment partnership during a meeting between Union Minister of Commerce and Industry Piyush Goyal and Swedish Minister for Foreign Affairs Maria M Stenergard in New Delhi on Monday. Sweden is the 21st largest investor in India, with cumulative foreign direct investment (FDI) inflows amounting to USD 2.51 billion from April 2000 to March 2024.
 Source:  tribuneindia.com
19 Mar, 2025 News Image Strongly taken up trade restrictive measures with EU: Govt to Parliament.
The government has strongly taken up all trade restrictive measures, either within the World Trade Organization framework or otherwise, with the EU and its member states at relevant multilateral and bilateral forums including at the India-EU Trade and Technology Council and the India-EU High Level Dialogue, Parliament was informed Tuesday.
 Source:  economictimes.indiatimes.com
18 Mar, 2025 News Image India aims to boost bilateral trade with US to $500 billion by 2030, talks on FTA on: Govt official.
India is looking to increase bilateral trade with the United States from the present $200 billion to $500 billion by 2030, according to a top government official. The Indian government is also working on a bilateral trade agreement with US and is proactively engaging with the US in trade, the official said, adding that negotiations are on over free trade agreement (FTA).
 Source:  businesstoday.in
18 Mar, 2025 News Image The cumulative exports (merchandise & services) during April-February2024-25 is estimated at USD 750.53 Billion, as compared to USD 706.43 Billion in April-February2023-24, an estimated growth of 6.24%.
India’s total exports (Merchandise and Services combined) for February2025* is estimated at USD 71.95 Billion, registering a positivegrowth of 3.16 percent vis-à-vis February2024. Total imports (Merchandise and Services combined) for February2025* is estimated at USD 67.52 Billion, registering a negative growth of (-)11.34 percent vis-à-vis February2024.
 Source:  pib.gov.in
18 Mar, 2025 News Image RBI permits settlement of trade transactions with Maldives in local currencies.
Reserve Bank on Monday said India's bilateral trade transactions with Maldives may also be settled in INR and/or MVR in addition to the ACU mechanism. Asian Clearing Union (ACU) is a payment arrangement whereby the participants settle payments for intra-regional transactions among the participating central banks on a net multilateral basis.
 Source:  economictimes.indiatimes.com
18 Mar, 2025 News Image Bilateral trade pact on track, but yet to talk US reciprocal tariffs.
India has not broached the issue of reciprocal tariffs in its trade talks with the United States, but the two countries are finalising the scope and schedules of the proposed Bilateral Trade Agreement (BTA), officials said. These could be finalised in the next few weeks. New Delhi is proactively engaging with Washington following the positive talks that commerce and industry minister Piyush Goyal had in person with his American counterparts during his recent visit, officials said.
 Source:  economictimes.indiatimes.com
18 Mar, 2025 News Image Onion export and wheat stocking restrictions: Open up the field.
The Narendra Modi government last week lifted a ban on exports of broken rice, in place since September 2022. It’s high time that it also scraps the 20 per cent duty on onion exports and stockholding limits on wheat. The reason is that the harvesting of both crops is underway. According to the agriculture ministry, farmers have sown 324.9 lakh hectares (lh) under wheat and 10.3 lh under onion in the current rabi season, as against 318.3 lh and 8.6 lh last year.
 Source:  indianexpress.com
18 Mar, 2025 News Image Boosting dairy and livestock growth a major initiatives in Marathwada, Maharashtra.
The Government of India, in collaboration with the Maharashtra State Government, is making significant strides in enhancing dairying and animal husbandry in the Marathwada region through various initiatives. The Department of Animal Husbandry and Dairying (DAHD) has been implementing multiple schemes, including the National Programme for Dairy Development (NPDD), Rashtriya Gokul Mission (RGM), and National Livestock Mission (NLM), among others, to improve milk production, strengthen infrastructure, and boost farmers' income.
 Source:  fnbnews.com