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15 Jan, 2025 News Image Govt eyes exports as one of the engines of growth.
The Union budget for 2025-26 may focus on exports as one of the engines of growth by extending interest subsidy for exporters, tweaking of customs duties for enhanced competitiveness, setting up e-commerce export hubs, finalising free trade agreements (FTAs), incentivising agri-exports, and providing a special emphasis on organic produce such as turmeric, three people close to the development said.
 Source:  hindustantimes.com
15 Jan, 2025 News Image Jaishankar, Spanish FM discuss bilateral ties in trade, defense, urban development.
External Affairs Minister Dr S Jaishankar held talks with Spanish Foreign Affairs Minister José Manuel Albares in Madrid yesterday. In a social media post, Dr Jaishankar said, he had a productive conversation on bilateral partnerships including in trade, investment, defence, security, urban development, and railways among others took place during the meeting. The Minister added that India appreciates Spain as a votary for stronger India-EU ties and a reliable Mediterranean partner.
 Source:  theindianawaaz.com
15 Jan, 2025 News Image DGFT updates export policy for every product to promote ease of doing business.
The Commerce Ministry's arm DGFT on Monday updated the export policy for all products, specifying detailed conditions for each item to enhance the ease of doing business in the country. Earlier specific policy conditions were only outlined for goods which were subject to certain restrictions or fell under some norms.
 Source:  economictimes.indiatimes.com
15 Jan, 2025 News Image UK and India relaunch FTA talks to strengthen bilateral trade relations.
The UK government on Tuesday told Parliament that the Free Trade Agreement (FTA) talks with India have been relaunched to deliver a joint ambition of taking the bilateral relationship to 'even greater heights'.
 Source:  thehindubusinessline.com
15 Jan, 2025 News Image Free Trade Agreement talks with India have been relaunched: UK.
The UK government on Tuesday told Parliament that the Free Trade Agreement (FTA) talks with India have been relaunched to deliver a joint ambition of taking the bilateral relationship to 'even greater heights'. During a debate on UK economic growth in the House of Commons, British Indian Labour MP Jeevun Sandher asked Foreign Secretary David Lammy about the steps being taken to get a 'good UK-India trade deal over the line'.
 Source:  economictimes.indiatimes.com
15 Jan, 2025 News Image Looking to double turmeric production to 20 lakh tonnes in 5 years, says Commerce Minister Piyush Goyal.
The National Turmeric Board will help develop new markets internationally to promote exports and double production to about 20 lakh tonnes in the next five years, Commerce and Industry Minister Piyush Goyal said on Tuesday.
 Source:  economictimes.indiatimes.com
15 Jan, 2025 News Image India, Oman hold fifth round of talks for proposed free trade agreement.
India and Oman are holding the fifth round of talks for a proposed free trade agreement here to boost bilateral economic ties, an official said on Tuesday. The two-day talks started on January 13, the official said.
 Source:  business-standard.com
15 Jan, 2025 News Image European demand lifts Indian soyameal exports in December.
Soyameal exports are up a tad during December at 2.77 lakh tonnes (lt) on higher demand from European buyers such as Germany and Netherlands. However, the offtake by the domestic livestock feed sector was flat at 5.5 lt, as per the latest estimates by the trade body Soyabean Processors Association of India (SOPA).
 Source:  thehindubusinessline.com
15 Jan, 2025 News Image Rabi crop sowing exceeds 632 lakh hectares.
The Department of Agriculture & Farmers’ Welfare has released progress of area coverage under Rabi crops as on 14th January 2025.
 Source:  pib.gov.in
14 Jan, 2025 News Image DGFT updates export policy for every product to promote ease of doing business.
The Commerce Ministry's arm DGFT on Monday updated the export policy for all products, specifying detailed conditions for each item to enhance the ease of doing business in the country. Earlier specific policy conditions were only outlined for goods which were subject to certain restrictions or fell under some norms.
 Source:  economictimes.indiatimes.com