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30 May, 2024 News Image India s cold chain sector to touch Rs 5 lakh Cr by 2030 or 2032: Dr Surendra Ahirwar, JS, DPIIT.

The cold chain sector in India, a vital component of the logistics ecosystem, is set to witness significant growth and innovation in the coming years, said Dr Surendra Ahirwar, Joint Secretary, Ministry of Commerce and Industry, Department for Promotion of Industry and Internal Trade (DPIIT).


 Source:  agriculturepost.com
30 May, 2024 News Image Global trade disruptions like Red Sea crisis contributing to rising temperatures: UNCTAD.

Amid the ongoing Red Sea shipping crisis that has forced global shipping lines to take longer routes, United Nations Trade and Development (UNCTAD) has said that global trade disruptions are causing ships to spend more days at sea causing a surge in the emission of greenhouse gases.


 Source:  indianexpress.com
30 May, 2024 News Image FSSAI To Set New Quality Standards For Milk, Dairy Products.
Food safety watchdog FSSAI is planning to set new quality standards for ice-cream and flavoured milk besides tightening the existing safety norms for milk and other dairy products.
The proposal comes after ban on import of Chinese milk and milk products last month due to presence of melamine for one year till June, 2016, following a recommendation from FSSAI.

 Source:  businessworld.in
30 May, 2024 News Image Turmeric area set to rise in Karnataka s Chamarajanagar.
Turmeric acreage in Karnataka’s Chamarajanagar, a major producing region in the State, is seen rising by about 10-15 per cent this year on higher prices. With the start of the pre-monsoon rains from early May, the turmeric planting season has begun and demand for high yielding varieties is on the rise, stakeholders said.
 

 Source:  thehindubusinessline.com
30 May, 2024 News Image Washington ready to discuss preferential trade deal with India: US Ambassador.

The US government is ready to hold discussions with India for a preferential trade agreement between the two countries, according to the country's top envoy, who hinted at things starting to gain momentum after a new government takes charge in India.


 Source:  livemint.com
30 May, 2024 News Image India s exports to Latin American countries are more than to neighboring countries and traditional trade partners.
India’s exports of 266 million dollars in 2023-24 to the remote Honduras in Central America are more than the exports of 185 m to nearby Cambodia and 237 m to Kazakhstan. The population of Honduras is just 10 million as against 17 m of Cambodia and 20 m of Kazakhstan.
 

 Source:  financialexpress.com
30 May, 2024 News Image FTA strategy meet: Trade ministry plans steps to prevent overstraining of resources.
At a time when the commerce ministry is involved in negotiations on multiple trade deals, a meeting to strategise approach to negotiate free trade agreements (FTA) headed by commerce secretary Sunil Barthwal discussed ways to effectively manage workload and to prevent overtraining of resources, a statement released by the Commerce and Industry Ministry said on Tuesday.
 

 Source:  indianexpress.com/
30 May, 2024 News Image India set for wheat imports after six years, to shore up reserves.
India is poised to begin wheat imports after a six-year gap, to replenish depleted reserves and hold down prices that leaped following three years of disappointing crops, sources say, as the approaching end of general elections removes a key hurdle.
 

 Source:  economictimes.indiatimes.com
29 May, 2024 News Image India, Singapore finalising agreements in areas such as digitalisation, food safety.

India and Singapore are finalising several agreements in areas ranging from digitalisation to food safety and healthcare that are expected to be signed at the second meeting of a bilateral ministerial roundtable, people familiar with the matter said.


 Source:  hindustantimes.com
29 May, 2024 News Image Bangladesh: Green chilli import starts through Hili port.
The import of green chilli has been started through Hili port in the district after six months.
A green chilli laden truck entered into Bangladesh through the port around 8:30 pm last night, said Mahabub Hossain, import-export representative of Hili port.

 Source:  bssnews.net