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02 May, 2024 News Image India-UAE CEPA celebrates two years marked by robust growth in bilateral trade.

Marking a significant milestone in the enduring partnership between the UAE and India, the Embassy of the UAE celebrated the second anniversary of the Comprehensive Economic Partnership Agreement (CEPA).


 Source:  economictimes.indiatimes.com
02 May, 2024 News Image India, Maldives hold talks to enhance trade cooperation.

India on Wednesday expressed its intent to enhance bilateral economic collaboration with the Maldives, as its envoy engaged in discussions with a senior minister from the archipelagic nation. Mohamed Saeed, Maldives' minister of economic development and trade, held talks with Munu Mahawar, Indian high commissioner to the Maldives, on Tuesday.


 Source:  timesofindia.indiatimes.com
02 May, 2024 News Image CFTRI felicitates four women entrepreneurs who have taken its technologies to propel their food businesses.
CSIR- Central Food Technology Research Institute (CFTRI), has felicitated four women entrepreneurs who have taken its technologies to propel their food business ventures. These were Manasa from Saakya Foods, Hampapura Village, H.D. Kote Taluk; Parvathi and team from Asare Sanjeevini Food Products, Belikere village, Hunsur Taluk; G. Shilpa G from Hamasavahini Eco Products, Mysore and Anitha Sadanand of Mamma Mills, Himmavu Village, Nanjangud Taluk.
 

 Source:  fnbnews.com
02 May, 2024 News Image Manufacturing activity eases slightly to 58.8 in April; optimism improves.
Buoyant domestic demand ensured a strong start for the fiscal, with the manufacturing activity easing slightly to 58.8 in April compared with 59.1 in the previous month, according to results of a private survey released Thursday.
 

 Source:  economictimes.indiatimes.com
02 May, 2024 News Image Digital crop survey on cards to fine-tune farm statistics.
India plans to bolster its farm statistics system by undertaking regular digital crop surveys, backed by advanced analytics and artificial intelligence (AI), throughout the country to assess the precise acreage, said senior officials.
 

 Source:  economictimes.indiatimes.com
02 May, 2024 News Image In an uncertain world, India s trade push.
Over the past few years, global trade has been very volatile, first on account of the Covid-19 pandemic and then due to geopolitical conflicts. Since the middle of 2022, the value of global merchandise trade has shrunk continuously as per data from the United Nations Conference on Trade and Development. In fact, in 2023, global merchandise exports fell by 4.6 per cent. The January-March 2024 quarter, though, saw some sequential improvement.
 

 Source:  indianexpress.com
02 May, 2024 News Image Wheat procurement exceeds 55% of target, touches 205 lakh tonnes.
With the pick up in pace of wheat procurement, the deficit has narrowed down to 8 per cent as of April 30 from 25 per cent a week ago. However, the likely lower than expected procurement in key states like Madhya Pradesh, Rajasthan and Uttar Pradesh may make it tough for the Centre to meet the overall procurement target of 372.9 lakh tonnes for the season.
 

 Source:  thehindubusinessline.com
01 May, 2024 News Image PMFAI: WTO Needs to Form Guidelines to Determine Default MRLs for Pesticides.
Pesticides Manufacturers & Formulators Association of India (PMFAI), a national association representing India’s agrochemical industry, strongly supports the Government of India’s demand to the World Trade Organization (WTO) for the formulation of guidelines to determine default Maximum Residue Limits (MRLs) of pesticides, in the absence of uniform international standards.
 

 Source:  agribusinessglobal.com
01 May, 2024 News Image India to participate in WTO mini-ministerial in Paris.
India will participate in the WTO mini-ministerial meeting of key WTO members scheduled to be hosted by Australia on the sidelines of the OECD meet in Paris on May 2, sources have said.
 

 Source:  thehindubusinessline.com
01 May, 2024 News Image India to grow 6.8% in FY25, public investment to be the driver, says IMF.

Indian economy will likely expand 6.8% in the current fiscal as public investment remains the primary growth driver, the International Monetary Fund said Tuesday in its Regional Economic Outlook for Asia and Pacific.


 Source:  economictimes.indiatimes.com