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26 Apr, 2024 News Image Russian Chamber of Commerce & Industry opens office in Mumbai amid big interest of entrepreneurs in India.

Russian Chamber of Commerce and Industry has opened its office in Mumbai to give a boost to the bilateral trade between Russia and India amid big number of Russian entrepreneurs seeking partners in the country.


 Source:  economictimes.indiatimes.com
26 Apr, 2024 News Image Food crisis looms: Philippines rushes to import rice, sugar, onions.
The Philippines is facing shortages of essential food items, prompting the National Economic and Development Authority (NEDA) to call for increased imports.
NEDA issued Administrative Order No. 20, aimed at streamlining the import process for rice, sugar, and onions.

 Source:  bilyonaryo.com
26 Apr, 2024 News Image Trade between India-Bangladesh flourishing through Assam s Karimganj.
The trade between India and Bangladesh through Sutarkandi Land Port in Assam’s Karimganj district has witnessed a remarkable increase in the past couple of years.
The local businessmen, traders, and local people are expecting that the trade (export and import) between the two neighbouring countries will increase more in the coming days.

 Source:  theprint.in
26 Apr, 2024 News Image No fresh cases of ETO reported after Dec 2020 by EU for Indian export of organic products: Official.

No fresh cases of ethylene oxide (ETO) — a cancer-causing pesticide — were reported after December 2020 by the European Union for Indian export of organic products, an official said on Thursday.


 Source:  theprint.in
26 Apr, 2024 News Image Govt allows exports of specified quantity of white onion via three ports.

Easing export ban, the government on Thursday permitted overseas shipments of a specified quantity of white onion from three ports. The Directorate General of Foreign Trade (DGFT) in a notification said that the exporter shall have to get the certificate from the Horticulture Commissioner, Government of Gujarat, certifying the item and quantity of white onion to be exported.


 Source:  economictimes.indiatimes.com
26 Apr, 2024 News Image Target is to achieve $1 trillion goods exports by 2030: Trade Ministry.
The commerce Ministry has initiated an exercise to identify required infrastructure needs, potential sectors, and clusters which would help the country achieve the $1 trillion merchandise exports target by 2030 but sustainability will be a major concern going forward, senior government officials said on Thursday.
 

 Source:  indianexpress.com
26 Apr, 2024 News Image Indian economy stands out with strong show: Finance Ministry.

India's 'promising economic performance' continues to be backed by resilient growth, robust economic activity indicators, price stability and steady external sector performance, the finance ministry said Thursday. However, geopolitical tensions such as those roiling West Asia, remain a concern although risk perceptions over them have softened, offering a potential upside for growth, the ministry said in its monthly economic report for March.


 Source:  economictimes.indiatimes.com
25 Apr, 2024 News Image Sea protocol for mangoes, bananas, oranges to boost fresh produce exports.
Plans are afoot to send trial shipments of mangoes through the sea route this summer to the UK, Russia and Japan and  also carry out a trial static run for shipping the fruit to the US. This is part of the government’s recent efforts to develop sea protocols for increasing exports of fresh produce at lower costs to distant markets, sources have said.
 

 Source:  thehindubusinessline.com
25 Apr, 2024 News Image Detailed action plans for 20 agri products likely in 3-4 months to boost exports.
The government is formulating action plans for as many as 20 agricultural products including banana, mangoes, potato and baby corn with a view to further boost export of these commodities, a senior official said on Tuesday. The action for each of these products is likely to be ready in the next 3-4 months, Additional Secretary in the department of commerce Rajesh Agarwal said.
 

 Source:  economictimes.indiatimes.com
25 Apr, 2024 News Image Govt extends deadline for accreditation of halal certification bodies till July 4.

The government has extended the deadline for accreditation of halal certification bodies and registration of export units by three months till July 4 this year. Last year, the Directorate General of Foreign Trade (DGFT) had notified the policy conditions for halal certification process for meat and meat products and had directed the existing bodies to seek accreditation from National Accreditation Board for Certification Bodies (NABCB) for i-CAS (Indian Conformity Assessment Scheme) Halal till April 5, 2024.


 Source:  m.economictimes.com