14 Nov, 2024 News Image Egg production in Namakkal sees increase over last 10 months.
Egg production in Namakkal has seen a notable increase over the past ten months.
In Namakkal district, there are over 1,100 poultry farms that rear approximately 7 crore birds. These farms produce more than 5 crore eggs daily, which are exported to various regions, including Tamil Nadu, Kerala, Puducherry, and Karnataka. Additionally, Namakkal exports eggs to foreign countries, as it accounts for 95% of the table egg production in India. To qualify for export, an egg must weigh between 52 and 55 grams.
 

 Source:  thehindu.com
14 Nov, 2024 News Image Goyal Suggests Bi-Annual India Trade Fair, Global Expansion.

Commerce and Industry Minister Piyush Goyal on Thursday suggested the India Trade Promotion Organisation (ITPO) to consider holding two annual editions of the trade fair and make it bi-annually.


 Source:  money.rediff.com
14 Nov, 2024 News Image G20 trade curbs up in 2023-24: WTO.
There has been an increase in the trade restrictive measures introduced by G20 members during mid-Oct 2023 to mid-Oct 2024, a WTO report said. It said that during the review period, G20 economies introduced 91 new trade-restrictive and 141 trade-facilitating measures on goods, mostly imports.
 

 Source:  timesofindia.indiatimes.com
14 Nov, 2024 News Image PH rice imports hit record high.

Philippine rice imports are inching closer to the 4-million metric ton (MT) mark, already surpassing a previous record achieved in 2022, as a confluence of typhoons and El Niño dry spell phenomenon slashed local production.


 Source:  business.inquirer.net
14 Nov, 2024 News Image First American Turkey Shipment Leaves For Indian Market.
The first shipment of American Turkey products for India left on Tuesday, marking a new phase in the bilateral trade relations between the two countries.
The shipment comes over a year after India agreed to the American request to reduce high tariffs on US turkey products.

 Source:  ndtv.com
14 Nov, 2024 News Image India And South Africa Join Forces To Establish Chamber Of Commerce, Strengthening Bilateral Economic Ties.

India and South Africa celebrate the 30th anniversary of their diplomatic relations, marking three decades of deep-rooted historical ties and cooperation. This milestone year has also seen a significant economic achievement- a bilateral trade between the two nations has surpassed pre-pandemic figures, reaching an impressive total of approximately US$19 billion.


 Source:  ahmedabadmirror.com
14 Nov, 2024 News Image India-Kazakhstan business partnership in manufacturing sector gets a big boost.

The India-Kazakhstan Business Conference on Electronics Equipment and Engineering Goods was held on November 11 in Astana, at the Astana International Financial Centre (AIFC). The event brought together prominent business leaders, government officials, and industry experts to discuss opportunities for increased trade, joint ventures, and collaboration in the electronics and engineering sectors.


 Source:  economictimes.indiatimes.com
14 Nov, 2024 News Image Asean FTA review: India to seek interim relief from import surge.

As negotiations on the review of the Asean-India Trade in Goods Agreement (AITIGA) continue, in the coming round of talks the Indian side may seek an interim mechanism that provides protection to the sectors that are most impacted by the surge in imports from the 10-nation bloc, a senior official said.


 Source:  financialexpress.com
13 Nov, 2024 News Image National Industrial Corridor Development Corporation (NICDC) and Bihar Industrial Area Development Authority (BIADA) sign agreements to develop Integrated Manufacturing Cluster (IMC) in Gaya.

In a landmark step towards accelerating industrial development in Bihar, National Industrial Corridor Development Corporation (NICDC), the Government of Bihar and the Bihar Industrial Area Development Authority (BIADA) have signed the State Support Agreement (SSA) and Shareholder Agreement (SHA) today for the establishment of an Integrated Manufacturing Cluster (IMC) in Gaya, a node under the Amritsar-Kolkata Industrial Corridor (AKIC).


 Source:  pib.gov.in
13 Nov, 2024 News Image Minister Goyal Highlights Strategic Focus On FTAs And MSME Growth To Reach Export Goals.

Commerce and Industry Minister Piyush Goyal emphasised the need for collective action to achieve India's ambitious export target of USD 2 trillion by 2030, speaking at the annual convocation of the Indian Institute of Foreign Trade (IIFT) on Monday.


 Source:  knnindia.co.in