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04 Feb, 2025 News Image India, UK to resume FTA talks from February 24.
India and the UK are expected to resume talks on the proposed free trade agreement (FTA) from February 24, with Britain's trade minister Douglas Alexander expected to visit New Delhi later this month.
 Source:  economictimes.indiatimes.com
04 Feb, 2025 News Image Bureau of Indian Standards strengthens engagement with African and Latin American Nations on Standardization.
The Bureau of Indian Standards (BIS) hosted a high-level roundtable discussion to foster collaboration in the field of standardization with African and Latin American nations. The event saw participation from Ambassadors, High Commissioners, and representatives of over 25 countries from these regions, along with officials from the Ministry of External Affairs and the Department of Consumer Affairs.
 Source:  pib.gov.in
04 Feb, 2025 News Image India’s manufacturing growth hits 6-month high in Jan on sharp upturn in new export orders.
India's manufacturing sector growth started the year 2025 on a strong footing and touched a six-month high in January, fuelled by the steepest upturn in exports in nearly 14 years, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) rose from December's one-year low of 56.4 to 57.7 in January supported by the fastest upturn in new export orders since February 2011.
 Source:  tribuneindia.com
04 Feb, 2025 News Image Nabard approves 127 projects worth Rs 903.21 crore in Himachal.
The Himachal Pradesh government has secured the National Bank for Agriculture and Rural Development (Nabard) approval for 127 projects worth Rs 903.21 crore for 2024-25, Chief Minister Sukhvinder Singh Sukhu said on Monday. Chairing a meeting with MLAs from Kangra, Kullu and Kinnaur districts here to discuss their priorities for the annual budget 2025-26, he said these projects include 50 MLA-priority schemes under the Public Works Department worth Rs 412.75 crore and 23 MLA-priority schemes under the Jal Shakti Vibhag for Rs 179.07 crore.
 Source:  economictimes.indiatimes.com
04 Feb, 2025 News Image Piyush Goyal meets Saudi Arabia's Industry Minister to strengthen trade, investment ties.
Union Minister and BJP leader Piyush Goyal on Monday held talks with Bandar bin Ibrahim Alkhorayef, Minister of Industry and Mineral Resources, Saudi Arabia. Goyal said that the two discussed strengthening trade and investment ties between both countries.
 Source:  tribuneindia.com
04 Feb, 2025 News Image India’s rice procurement 5% up at 41.6 million tonnes till Jan 31.
Rice purchase by the Food Corporation of India (FCI) for the Central Pool stock during the October 2024-January 2025 period was 41.591 million tonnes (mt), up by 4.6 per cent from 39.747 mt in the year-ago period. Experts say the procurement is ample to tackle any unforeseen eventuality amid concerns over climate change. However, the government is finding it difficult to manage the bulging stock amid no permanent offtake policy.
 Source:  thehindubusinessline.com
04 Feb, 2025 News Image US duties on China, Canada, Mexico provide export opportunities for India: Exporters.
The imposition of customs duties by the US on imports from China, Canada, and Mexico provides huge export opportunities for India to America, exporters say. The tariffs would affect exports from China, Canada, and Mexico to the US as they would push prices of their goods in the American market, making them less competitive.
 Source:  economictimes.indiatimes.com
04 Feb, 2025 News Image India working to cut trade barriers.
India’s reduction of tariffs on the eve of PM Modi’s likely visit to the US in mid-February seems to have helped persuade the Trump administration to not impose tariffs on New Delhi like it has done with Mexico, Canada and China. There are strategic, economic and political factors at play since the partnership between the two countries covers a wide arc, ranging from military technology to outer space.
 Source:  tribuneindia.com
04 Feb, 2025 News Image India-Oman joint commission meeting held; focus on enhancing bilateral cooperation.
Union Minister of Commerce and Industry, Piyush Goyal concluded a successful visit to the Sultanate of Oman. During the visit, Goyal co-chaired the 11th session of the India-Oman joint commission meeting with Qais bin Mohammed Al Yousef, Minister of Commerce, Industry, and Investment Promotion of Sultanate of Oman. The meeting saw productive discussions on enhancing bilateral cooperation in trade, investment, technology, food security, renewable energy and other key areas. The ministers held a productive bilateral meeting, during which he undertook a detailed review of the bilateral trade and economic relations between India and Oman and identified concrete steps to further strengthen the mutually beneficial business ties.
 Source:  fnbnews.com
04 Feb, 2025 News Image Karnal, Japanese varsities to work on horticulture research.
In an attempt to address the growing challenges posed by climate change to agriculture, Maharana Pratap Horticulture University, Karnal, will work on digital horticulture research with the help of Kochi University, Japan. Digital horticulture research includes smart as well as precision farming as important components. This collaboration is expected to yield significant advancements in greenhouse farming technology, helping farmers to combat climate-related challenges and ensuring sustainable agricultural production.
 Source:  tribuneindia.com