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13 May, 2024 News Image Exports may grow 10-15% to $900bn in FY25.
Despite headwinds, Indian exporters are looking at a 10-15% increase in goods exports, with some estimating overall exports to touch $900 billion this year, compared with around $780 billion during the last financial year.
 

 Source:  timesofindia.indiatimes.com
13 May, 2024 News Image India-EU FTA negotiations, TTC partnership hold lot of promise: Jaishankar.
The India-EU Free Trade Agreement (FTA) negotiations and partnership in the Trade and Technology Council (TTC) hold a lot of promise and signify the growing intensity of economic exchange between the two, External Affairs Minister S Jaishankar said.
 

 Source:  thehindubusinessline.com
13 May, 2024 News Image 4th Meeting of ASEAN-India Trade in Goods Agreement Joint Committee.
The 4th Joint Committee meeting for the review of AITIGA (ASEAN-India Trade in Goods Agreement) was held in Putrajaya, Malaysia from 7-9 May 2024 and was co-chaired by Shri Rajesh Agrawal, Additional Secretary, Department of Commerce, India and Ms. Mastura Ahmad Mustafa, Deputy Secretary General (Trade), Ministry of Investment, Trade & Industry, Malaysia. The delegates from India and all 10 ASEAN countries participated in the discussions.
 

 Source:  pib.gov.in
10 May, 2024 News Image Commendation for APEDA as agricultural product exports surge by 85% in the span of 7 years.
From 'leteku' (Burmese grapes) to flat beans, pumpkin, and an array of fruits including pineapple, jackfruit, starfruit, plums, and the newly designated state fruit, Kaji lemon—alongside geographical indication (GI)-tagged aromatic Joha and Aijung rice cultivated in [relevant region], have notably penetrated international markets, facilitated by the Agricultural and Processed Food Products Export Development Authority (APEDA) for farmers.
 

 Source:  agronfoodprocessing.com
10 May, 2024 News Image India Calls for Reinvigorating Discussions on Development Agenda at WTO.
India has called for re-energizing discussions in the World Trade Organisation (WTO) on the development dimension to achieve tangible progress and meaningful outcomes.
In a communication to the WTO, the country said that there is a substantial unfinished development agenda emanating from the recently concluded 13th ministerial conference of the WTO in Abu Dhabi.
 

 Source:  business.outlookindia.com
10 May, 2024 News Image Foreign Secy Kwatra meets Sheikh hasina, discusses bilateral ties in key areas.

On his two-day trip to Dhaka, Foreign Secretary Vinay Kwatra met Bangladesh Prime Minister Sheikh Hasina and other top leaders and reviewed New Delhi’s bilateral ties in areas such as security, water, trade and investment, power and energy, defence, connectivity and sub-regional cooperation.


 Source:  indianexpress.com
10 May, 2024 News Image Indian exports up in 115 nations out of 238 destinations in 2023-24.
India's exports have surged to as many as 115 countries out of the total 238 destinations during 2023-24 despite the global economic uncertainties, according to a recent report by the Ministry of Commerce.
 

 Source:  economictimes.indiatimes.com
10 May, 2024 News Image Kesar pricier but exports expected to be robust.

Finding good quality kesar in the markets could be a task for mango lovers this season but those living abroad will be able to gorge on this luscious variety like every year.


 Source:  timesofindia.indiatimes.com
10 May, 2024 News Image India Exim Bank Forecasts Strong Growth in Merchandise Exports.

Export-Import Bank of India (India Exim Bank) forecasts India’s total merchandise exports to amount to US$ 116.7 bn, witnessing an y-o-y growth of 12.3%, while non-oil exports are forecast to amount US$ 93.9 bn, witnessing an y-o-y growth of 10.7%, during Q1 (April-June) of FY2025. 


 Source:  smestreet.in
10 May, 2024 News Image Trade sees urad imports from Brazil rising to 50,000 tonnes this year.

As countries such as Brazil and Argentina start expanding acreages under black matpe or urad, India the largest consumer of pulses, expects increase in imports from those nations. Presently, Myanmar has been the main supplier of urad to India.


 Source:  thehindubusinessline.com