13 Nov, 2024 News Image Lifting rice export curbs to help push agri shipments over USD 50 bn in FY25: Official.

The country's agri exports are expected to cross USD 50 billion in 2024-25 on account of healthy demand and lifting on curbs on non-basmati rice, an official said on Tuesday. The official said export curbs on rice, wheat, and sugar impact agri exports to the tune of about USD 6-7 billion.


 Source:  economictimes.indiatimes.com
13 Nov, 2024 News Image India-Russia bilateral trade targeted to be $100 billion by 2030.

India and Russia have set ambitious targets for their economic relationship, with a focus on achieving USD 100 billion in annual bilateral trade by 2030. According to External Affairs Minister S. Jaishankar, the two nations are confident that this goal will be achieved well ahead of schedule, underlining the growing significance of their ties on the global stage.


 Source:  financialexpress.com
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
12 Nov, 2024 News Image India giving RCEP free trade pact a needful second look.

'India should be a part of RCEP and CPTPP,' according to B V R Subrahmanyam, CEO of the National Institution for Transforming India (NITI) Aayog, the Indian government’s top public policy think tank and nodal agency for catalyzing economic development.


 Source:  asiatimes.com
12 Nov, 2024 News Image India-Russia Strengthen Trade Ties with Focus on Local Currency Transactions and Economic Cooperation.

Trade relations between India and Russia are seeing a renewed focus on local currency transactions and the balance of trade.


 Source:  financialexpress.com
12 Nov, 2024 News Image Need to put lot of effort collectively to achieve $2 trln exports: Piyush Goyal.

Commerce and industry minister Piyush Goyal Monday said that collective effort is required to achieve the 'big' exports target of $2 trillion by 2030 and said that non-tariff barriers should be studied which will help India’s free trade agreement negotiations.


 Source:  economictimes.indiatimes.com
12 Nov, 2024 News Image FM seeks AIIB help for next gen reforms.
Finance minister Nirmala Sitharaman on Monday called on the Asian Infrastructure Investment Bank (AIIB) to widen its investments in climate adaptation and resilience, infrastructure development, energy security and urban development, and also extend its support for India's next generation reforms.
 

 Source:  economictimes.indiatimes.com
12 Nov, 2024 News Image Gujarat launches procurement of soyabean, urad & moong from farmers.
The Gujarat government on Monday launched the State-wide procurement of soyabean, urad and moong at minimum support prices at 160 centres across the State.
 

 Source:  thehindubusinessline.com
12 Nov, 2024 News Image Russian deputy PM to visit India, trade ties in focus.
Russia’s first deputy prime minister Denis Manturov will make a two-day visit to India from Monday to participate in a meeting of a key body that oversees bilateral relations and to take forward business ties between the two sides.
 

 Source:  hindustantimes.com
12 Nov, 2024 News Image AP proposes Rs.43,402 crore budget for agri allied sectors.

To give the ailing agricultural sector a boost, the Chandrababu Naidu Government has proposed a novel campaign called Polam Pilustondi (the field is calling), making officials of the Agricultural Department, agricultural scientists and people’s representatives to hit the fields to understand the problems being faced by farmers and solve them there and then itself.


 Source:  thehindubusinessline.com