Wheat sowing up 2 pc to 334.17 lakh hectares till Jan 9 of current rabi season: Govt
Area under coverage for wheat rose 2 per cent to 334.17 lakh hectares till January 9 of the ongoing rabi (winter-sown) season, according to the government data. Wheat acreage stood at 328.04 lakh hectares in the same period of the preceding rabi season. Sowing of wheat, a major rabi crop, generally starts from October. Better monsoon rains and increase in the minimum support price (MSP) by the government have encouraged farmers to increase sowing area.
Source: https://economictimes.indiatimes.com/
US tariff pressures push British Columbia to boost India trade
India and British Columbia have a shared interest in energy such as liquefied natural gas and hydrogen, life sciences and critical minerals including copper and nickel, said the Canadian province's premier David Eby, who is leading a trade mission to India from January 12-17, told ET in an interview that the province is trying to develop more opportunities with India to diversify trade, which has been hit by the US tariffs.
Source: https://economictimes.indiatimes.com/
Self-reliance versus global dependence: The food security balancing act.
India’s path from PL-480 wheat in the 1960s to cereal surpluses in the 1970s shows how policy and science can change outcomes. Recent years tell a more complex story. We ship rice and wheat to the world, yet we still buy large volumes of edible oil and some pulses. Analysts expect edible oil imports to stay high in 2025–26, a reminder that no country can supply everything it eats at all times.
Source: thehindubusinessline.com
Europe fills diplomatic agenda for India this week.
Europe will dominate Indian diplomacy this week, with visits from three continental nations ahead of the conclusion of the much-anticipated free trade agreement (FTA). German Chancellor Friedrich Merz begins his maiden trip to India on Monday, seeking a bigger market share weeks ahead of the FTA with the European Union (EU).
Source: economictimes.indiatimes.com
India's 2025 rice exports surge to near record as curbs lifted.
India's rice exports jumped 19.4% last year to the second-highest on record after New Delhi lifted all export curbs, making shipments more competitive, government and industry officials told Reuters on Saturday. An improved flow of rice from the world's largest exporter of the grain curbed shipments from rivals Thailand and Vietnam and drove prices in Asia to their lowest in nearly a decade, easing costs for poor consumers in Africa and other regions.
Source: economictimes.indiatimes.com
Germany's Merz heads to India to bolster trade, security ties.
German Chancellor Friedrich Merz left for India on Sunday for a visit to bolster economic and security ties between the top EU economy and the Asian population giant. Both Berlin and New Delhi face a turbulent world order and a set of economic and geopolitical challenges from the world's two largest economies, the United States and China.
Source: economictimes.indiatimes.com
Spain, Germany, Belgium, Poland emerging as key export destinations for India within EU.
New Delhi, Spain, Germany, Belgium, and Poland are emerging as stable and key export destinations for Indian goods within the 27-nation European Union bloc, according to the commerce ministry data. The data showed that Spain stands out as a high-growth European market for Indian exports.
Source: economictimes.indiatimes.com
India eyes new markets with US trade deal limbo.
India is aggressively seeking trade deals to open markets for exporters and soften the blow of steep US tariffs, as efforts to secure an agreement with Washington remain elusive. Relations between Washington and New Delhi plummeted in August after President Donald Trump raised tariffs to 50 percent, a blow that threatens job losses and hurts India's ambition of becoming a manufacturing and export powerhouse.
Source: economictimes.indiatimes.com
India, EU FTA talks: ministers say good progress made, full steam in coming days.
India and the EU have made 'good progress' on the proposed bilateral free trade agreement (FTA) with the narrowing of open issues, the two sides said after commerce and industry minister Piyush Goyal met EU Trade and Economic Security Commissioner, Maros Sefcovic in Brussels. 'Had a productive dialogue with EU Trade and Economic Security Commissioner, Mr. @MarosSefcovic, in Brussels.We made good progress and provided strategic guidance to our negotiating teams & reaffirmed our strong political resolve to deliver a fair, balanced, & ambitious agreement aligned with the economic priorities of both India and the EU,' Goyal said in a post on X Saturday.
Source: economictimes.indiatimes.com
Self-reliance versus global dependence: The food security balancing act.
India’s path from PL-480 wheat in the 1960s to cereal surpluses in the 1970s shows how policy and science can change outcomes. Recent years tell a more complex story. We ship rice and wheat to the world, yet we still buy large volumes of edible oil and some pulses. Analysts expect edible oil imports to stay high in 2025–26, a reminder that no country can supply everything it eats at all times.
Source: thehindubusinessline.com