The International Monetary Fund (IMF) has maintained India’s growth forecast at 7% for FY25, consistent with its July prediction, highlighting that the 'pent-up demand' during the pandemic is diminishing as the economy returns to its potential.

Finance minister Nirmala Sitharaman on Monday pitched the India story to a large group of pension funds and institutional investors in the US and impressed on them to take advantage of India's enormous investment opportunities.

With the district administration completing land acquisition for the expansion of Trichy International Airport, the Export Import Federation Trichy (EIFT) has urged the Airports Authority of India (AAI) to enhance export facilities as part of the project. 

Soyameal exports during the oil year 2023-24 ending September were up 16 per cent at 21.28 lakh tonnes on higher demand from countries such as Iran and Bangladesh. During the previous year, the soyameal shiipments stood at 18.36 lakh tonnes.

Indian buyers are confident that Canadian lentil and potash supplies will remain consistent, despite the diplomatic tensions between New Delhi and Ottawa. Orders for upcoming shipments are on track, and trade officials have not reported any disruptions. Canada is a key supplier of these essential commodities, which are crucial for India's agriculture and food sectors.

Indian buyers do not expect supplies of Canadian lentils and potash to be affected by the diplomatic row between New Delhi and Ottawa, trade, industry and government officials said.

Ties between India and Canada deteriorated sharply after New Delhi and Ottawa ordered six diplomats to leave in tit-for-tat moves over Ottawa's allegations that New Delhi was targeting Indian dissidents on Canadian soil.

The production of groundnut in Gujarat, the top producer of the popular table but, is set to increase by 26% over previous year driven by increase in area and productivity, said industry body Solvent Extractors' Association (SEA).

GoI is seeking to put in place a standardised approach to negotiating FTAs to address rules of origin (ROOs) and non-tariff barriers. It's a good idea. ROOs have assumed importance due to India's pivot away from regional trade blocs in favour of bilaterals. Since the rest of the world doesn't share India's circumspection about trade blocs, it has to erect its own fences in supply chains centred around China.

Finance Minister Nirmala Sitharaman on Monday said India is poised to continue its growth trajectory and is likely to become the world's third-largest economy by 2027. India currently is the fifth largest economy in the world with a GDP of around USD 3.9 trillion.