13 Dec, 2024 News Image We should not be overly concerned about imports as long as exports' share grows: Commerce Secretary.

India should not be overly concerned about imports as long as exports' share continues to grow, Commerce Secretary Sunil Barthwal said on Thursday. He also said the world needs to avoid protectionism which creates more trade barriers and hinders movement of goods.


 Source:  economictimes.indiatimes.com
13 Dec, 2024 News Image India, EU aiming for balanced, ambitious comprehensive and mutually beneficial FTA: Piyush Goyal.

Union Minister of Commerce and Industry Piyush Goyal reaffirmed India's commitment to forging a balanced, ambitious, and mutually beneficial Free Trade Agreement (FTA) with the European Union (EU) during an interaction with Ambassadors from the European Commission delegation and member states.


 Source:  economictimes.indiatimes.com
13 Dec, 2024 News Image India's Exports To Cross $800 Billion This Year, $1 Trillion By 2026-27: Piyush Goyal.
Union Minister for Commerce and Industry Piyush Goyal, speaking at the India Economic Conclave organised by Times Network, articulated an ambitious vision for India's economic future, underpinned by robust export growth and increasing global investment. 
 

 Source:  swarajyamag.com
12 Dec, 2024 News Image Packing and labelling imported goods don't confer Indian-origin status.
No. Para 2.93(a)(ii) of the HBP lists certain activities that include repacking and labelling, which alone will not be adequate to confer the status of ‘Indian origin’ for the export goods. Therefore, you cannot treat the imported goods that are subject only to repacking or labelling as of Indian origin and ask for non-preferential certificate of origin.
 

 Source:  business-standard.com
12 Dec, 2024 News Image FPO Mela in Indore to Showcase Organic Products and Connect Farmers with Consumers.

A three-day FPO Mela will be organized at the Gramin Haat Bazaar in Indore from December 14 to 16, 2024. The event is being hosted by the Small Farmers’ Agricultural Business Association (SFAC), under the Ministry of Agriculture and Farmers Welfare, Government of India. The Mela will provide a platform for Farmer Producer Organizations (FPOs) to showcase their products, promote organic farming, and connect directly with consumers.


 Source:  krishijagran.com
12 Dec, 2024 News Image Rising Rajasthan Summit 2024 features session on Agri-business innovations.

On the second day of the 'Rising Rajasthan' Global Investment Summit 2024, a thematic session titled 'Agri-Business Innovations.


 Source:  business-standard.com
12 Dec, 2024 News Image Centre squeezes maximum limit of wheat stock for traders, processors.
 
The Centre on Wednesday announced revision in wheat stock-holding norms, reducing further the maximum quantity that wholesalers, retailers, big chain retailers and processors can keep at any point of time. The move may help the government to moderate prices.

 Source:  thehindubusinessline.com
12 Dec, 2024 News Image MoFPI commissions study through NABARD to determine post-harvest losses.

The Ministry of Food Processing Industries (MoFPI), had commissioned a study through NABARD Consultancy Services Pvt. Ltd. (NABCONS), namely, ‘Study to determine post-harvest losses of agri produce in India’ in 2022, with reference year 2020-22.


 Source:  fnbnews.com
12 Dec, 2024 News Image 50 pc customs duty on import of apples.
Union Minister of State for Finance, Pankaj Chaudhary today informed the Parliament that the import of  apples currently attracts a customs duty of 50%, which is at par with the World Trade Organization (WTO) bound rate.
 

 Source:  dailyexcelsior.com
12 Dec, 2024 News Image Need to look at India s competitiveness with industry s demand for higher tariffs: DPIIT secretary.

Repeated requests from the industry to hike tariffs if the country is not competitive enough, need to be questioned amid India inking free trade agreements, Department for Promotion of Industry and Internal Trade (DPIIT) secretary Amardeep Singh Bhatia said Wednesday.


 Source:  economictimes.indiatimes.com