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18 Feb, 2025 News Image Qatar Emir's visit to India may boost gulf nation's investments.
Qatar Emir Sheikh Tamim Bin Hamad Al-Thani's India visit (Monday-Tuesday) after a decade may lead to bigger investments from the Qatari sovereign fund that is keen on further exploring the large and growing Indian market. The visit could lead to additional LNG purchase by India from Qatar and a trade deal with Qatar may also be on table, it is learnt. Qatar is India's largest supplier of Liquefied Natural Gas (LNG), providing over 48% of India's global LNG imports. Qatar's Energy Minister, Saad Sherida Al-Kaabi, had visited India earlier this month for India Energy Week. During his visit, Al-Kaabi emphasised Qatar's commitment to supporting India's energy requirements.
 Source:  economictimes.indiatimes.com
14 Feb, 2025 News Image Switzerland's MFN clause adjustment won't impact India-Swiss trade relations: Swiss Official.
Switzerland's decision to adapt the Most Favored Nation (MFN) clause in its double taxation agreement with India will not impact bilateral financial and economic relations, according to Alexandra Fasel, State Secretary at the Swiss Federal Ministry of Foreign Affairs.
 Source:  tribuneindia.com
14 Feb, 2025 News Image Trump warns BRICS nations could face 100% tariffs.
U.S. President Donald Trump said on Thursday that BRICS nations could face 100% tariffs from the United States 'if they want to play games with the dollar.' 'If any trading gets through, it'll be 100% tariff, at least,' he said in response to a question about the BRICS nations - Brazil, Russia, India and China - setting up their own currency.
 Source:  m.economictimes.com
14 Feb, 2025 News Image Cold Storage and Supply Chain Infrastructure Under PMKSY.
The Ministry of Food Processing Industries (MoFPI) has been implementing Central Sector Umbrella Scheme - PMKSY since 2016-17 to create post-harvest infrastructure and processing facilities to boost the overall development of the food processing sector including reduction in post-harvest losses. The component schemes under PMKSY provide credit linked financial assistance (capital subsidy) in the form of grants-in-aid to entrepreneurs for setting up of food processing/preservation infrastructure which, inter-alia, includes cold storages and refrigerated vehicles to minimize post-harvest losses.
 Source:  pib.gov.in
14 Feb, 2025 News Image Govt not to extend duty-free import of yellow peas beyond Feb: Joshi.
The government will not extend duty-free import of yellow peas beyond February, Food and Consumer Affairs Minister Pralhad Joshi said on Thursday. The matter will be discussed in a Group of Ministers (GoM) meeting headed by Union Minister Amit Shah scheduled on Thursday.
 Source:  economictimes.indiatimes.com
14 Feb, 2025 News Image Indian Standards should be accorded top priority: Centre.
Implementation of Indian Standards should be accorded top priority, said Smt. Nidhi Khare, Secretary, Department of Consumer Affairs, Government of India while chairing an inter-ministerial meeting on Implementation of Standards - Bringing more products under Quality Control Orders (QCOs) in New Delhi. The Secretary emphasized on the role of QCOs in achieving the aim of 'Atma Nirbhar Bharat" considering its twin objectives of uplifting quality ecosystem in domestic market and curbing sub-standard imports. Referring to the speech by Hon’ble Prime Minister on 78th Independence Day, wherein a thrust on Indian Standards has been envisioned to make Indian products stand out in the global market, she appealed to all the Ministries to prioritise Indian Standards.
 Source:  pib.gov.in
14 Feb, 2025 News Image India, Russia increasing agricultural and food trade.
The India correspondent of the news outlet Russia Today (RT) referred to the conversations between the Russian Deputy Prime Minister, Dmitry Patrushev, and the Indian ambassador to Russia, Vinay Kumar, during which the representative of Moscow expressed his interest in continuing to develop mutual trade.
 Source:  plenglish.com
14 Feb, 2025 News Image Macron pitches new trade route with India, defying Beijing.
All eyes earlier this week were on the AI Action Summit in Paris, co-chaired by Macron and Modi – but technology wasn't the only topic on both men's agendas. Paris has long sought to establish some form of independence from the global superpowers of the US and China, favouring ties with India’s Modi – it is his sixth visit to France in ten years.
 Source:  euractiv.com
14 Feb, 2025 News Image Support for Farmers to Reduce Post-Harvest Losses and Enhance Cold Chain Infrastructure.
Ministry of Food Processing Industries (MOFPI) is implementing a central sector umbrella scheme Pradhan Mantri Kisan Sampada Yojana (PMKSY). Under component schemes of PMKSY, Ministry provides financial assistance up to ₹15 crore, @ 35% of eligible project cost for projects in general areas & @50% of eligible project cost for projects in Difficult Areas as well as for projects of SC/ST, FPOs & SHG, for setting up food processing industries.
 Source:  pib.gov.in
14 Feb, 2025 News Image Trump, Modi aim to cut U.S. trade gap with India amid global tariff concerns.
The United States and India are working toward a deal that aims to cut America’s sizable trade gap with India as New Delhi pledges to buy more U.S. energy, weapons and civil nuclear power, President Donald Trump said Thursday during Indian Prime Minister Narendra Modi’s visit to Washington.
 Source:  washingtonpost.com