1. Home
  2. Market Intelligence
  3. Market News
Back
27 Jan, 2025 News Image ASIA RICE-Ample supply pushes India rates lower, Thai prices at 2-year low.
Rice prices from top exporter India extended declines to an 18-month low on rising supplies amid depreciation in the rupee, while weak demand pushed Thai rates to a two-year trough. India's 5% broken parboiled variety was quoted at $429-$435 per metric ton this week, the lowest since July 2023 and down from the last week's $431-$440.
 Source:  livemint.com
27 Jan, 2025 News Image India, Indonesia Agree to Address Trade Barriers.
India and Indonesia have agreed to address technical trade barriers, according to Chief Economic Affairs Minister Airlangga Hartarto. Airlangga recently met with Indian Commerce and Industry Minister Piyush Goyal on the sidelines of the India-Indonesia CEOs forum in New Delhi. The forum was part of President Prabowo Subianto’s visit to India as the chief guest on New Delhi’s Republic Day.
 Source:  jakartaglobe.id
27 Jan, 2025 News Image Impact of Basmati price volatility in key international markets for Indian exporters.
One of the most integral parts of India’s agricultural exports, the global Basmati rice market often experiences price fluctuations. Since Basmati rice is cultivated in only India and Pakistan in the world, with the former producing the giant’s share of the total cultivation, price volatility leads to considerable implications on the worldwide B2B and retail rice markets.
 Source:  thehindubusinessline.com
27 Jan, 2025 News Image Cultivating change: The significance of mushrooms in sustainable agriculture and commodity markets.
The global market for edible mushrooms has seen remarkable growth, with India emerging as a key player in this expanding industry. By 2024, the market was estimated to be valued at around $67.4 billion, projected to reach $97.1 billion by 2029, with a compound annual growth rate (CAGR) of 7.57 per cent. This rapid increase is a clear reflection of the rising consumer demand for the nutritional and environmental advantages of mushrooms, alongside the growing trend of plant-based diets like vegan.
 Source:  thehindubusinessline.com
27 Jan, 2025 News Image Tamil Nadu on the GI highway.
In recent years, the Tamil Nadu government, along with various associations across the State, has been diligently working to secure Geographical Indication (GI) tags for a diverse array of products, including agricultural goods, textiles, handicrafts, and food items. This concerted effort aims to preserve and promote the State’s unique cultural heritage, while enhancing its visibility and competitiveness in the global market.
 Source:  thehindu.com
27 Jan, 2025 News Image 3 food products from Andaman and Nicobar Islands get GI recognition.
In the recent 118th episode of Mann Ki Baat, Prime Minister Narendra Modi announced the Geographical Indication (GI) tag for as many as 7 products from the Andaman and Nicobar Islands. The beautiful Andaman and Nicobar Islands are raising awareness both for their nature's beauty and also for some amazing leaps in the marketing of tribal products. PM Modi recently hailed the Nicobari Tavi-i-Ngaich Virgin Coconut Oil, Nicobar Coconut, and Andaman Karen Musley Rice among these seven products.
 Source:  timesofindia.indiatimes.com
24 Jan, 2025 News Image PM Modi and President Trump to meet next month: Trade, defense, energy and migration on the agenda.
As Prime Minister Narendra Modi prepares for a crucial meeting with US President Donald Trump in February 2025, India and the United States are looking to strengthen their strategic ties across a wide range of issues, including trade, defense, energy, and migration. Diplomatic sources indicate that this highly anticipated meeting will address ongoing concerns over tariffs, skilled worker visas, military cooperation, and global security matters.
 Source:  financialexpress.com
24 Jan, 2025 News Image India reviews Trump trade memo; no action needed for now: Official.
India is examining the 'America First' trade policy to assess its impact on bilateral trade with the US, an official said on Wednesday. The White House directive to the United States Trade Representative (USTR) to identify countries with which the US can negotiate agreements on a bilateral or sector-specific basis is a positive development for countries like India, as per the official.
 Source:  economictimes.indiatimes.com
24 Jan, 2025 News Image India-Africa Trade Council hosts meet in Kochi.
The India-Africa Trade Council hosted the India-Sierra Leone trade meet in Kochi on Wednesday (January 22) bringing together stakeholders from the south Indian business community. Besides Asif Iqbal, president of the Indian Economic Trade Organisation, and Rashid Sesay, High Commissioner of Sierra Leone to India, and a diplomatic delegation, including the Information Attaché from the Embassy of Sierra Leone in Abu Dhabi attended.
 Source:  thehindu.com
24 Jan, 2025 News Image Ministry of Agriculture and Farmers’ Welfare organises two-day national workshop on natural farming at Halol in Gujarat.
Governor of Gujarat Shri Acharya Devarat ji emphasised that natural farming practices recognise the interdependence of the natural ecosystem and human requirements. Inaugurating a two-day national workshop on natural farming conducted by the Union Ministry of Agriculture and Farmers’ Welfare at Gujarat Natural Farming Science University, Halol, Gujarat today, the Governor said the natural farming improves soil health, restores natural ecosystems and reduces the dependency of farmers on the external market, reduces input cost, provides greater climate resilience and most of all offers safe and a healthy food and environment for our future generations.
 Source:  pib.gov.in