Govt expands digital crop survey to 23 States/UTs.
Government has expanded the Digital General Crop Estimation Survey (DGCES) to 23 States and Union Territories as part of efforts to improve the accuracy, transparency and timeliness of crop yield estimation across the country. DGCES was initially launched as a pilot during the Kharif 2023–24 season in selected districts across 10 States. Following the successful pilot, the programme was expanded to 22 States/UTs during the Rabi 2023–24 season. It is currently being implemented across 23 States/UTs.
Source: fnbnews.com
Govt gives rupee export earnings same benefits as dollar, euro payments.
The change means eligible exporters receiving payment in rupees through approved banking channels will be able to claim FTP benefits and count those receipts towards their export obligations, as they would with eligible foreign-currency earnings.
Source: hindustantimes.com
India's exports to US remain unchanged after a year of Trump's tariffs.
India's share of export to the US remained largely unchanged despite a year of President Donald Trump's punitive tariffs and New Delhi's efforts to diversify its trade with a raft of new deals with other countries.
Source: business-standard.com
Piyush Goyal joins APEDA-FairPrice roadshow in Singapore to boost Indian agri-food exports to ASEAN, Australian markets.
Union Commerce and Industry Minister Piyush Goyal on Thursday said new avenues are being created for Indian farmers and processed food manufacturers to expand their presence in Singapore and markets across ASEAN and Australia through an APEDA-FairPrice roadshow-cum-instore promotion. Goyal, in a post on X, said he was 'Pleased to join Ms. Gan Siow Huang, Minister of State for Foreign Affairs and Trade & Industry, Singapore, and other dignitaries at the APEDA-FairPrice roadshow-cum-instore promotion being organised for expansion of exports of diverse range of India's agricultural & processed food products.'
Source: tribuneindia.com
Kharif sowing recovers after July rains.
India's kharif planting has staged a strong recovery after improved rainfall in July helped farmers make up much of the ground lost during the driest June in 12 years, raising hopes of easing pressure on food prices if rains remain supportive. Sowing of most major crops, including pulses, oilseeds and cotton, is progressing well, agriculture secretary Atish Chandra said. While acreage under some crops remains below last year's level, planting of others has increased.
Source: economictimes.indiatimes.com
BRICS weighs Russia’s grain exchange plan; digital platform for farm produce trade mooted.
BRICS members are exploring a plan backed by Russian President Vladimir Putin to establish a grain exchange that could potentially end the 'hegemony' of certain commodity exchanges on global agricultural trading and prices. It would be on the agenda at the September 12-13 BRICS Summit in New Delhi.
Source: economictimes.indiatimes.com
Commerce minister Piyush Goyal leads 70-member business delegation to Singapore.
Commerce and industry minister Piyush Goyal is leading a 70-member business delegation to Singapore to strengthen trade and investment ties between the two countries, the government said Wednesday. The engagements, during the three-day visit, which began Wednesday, will focus on partnerships, investment, market access, technology collaboration and talent development.
Source: economictimes.indiatimes.com
'India should not rush into US trade deal, must protect national interests': EAC-PM Member Sanjeev Sanyal.
India should not rush to finalise a trade agreement with the United States and must ensure that the pact protects the country's long-term interests, Member of the Economic Advisory Council to the Prime Minister (EAC-PM) Sanjeev Sanyal said in an exclusive interview with ANI. Sanyal said substantial progress has been made in the India-US trade negotiations, but New Delhi should be prepared for further discussions if required as the agreement would remain in force for a long period.
Source: economictimes.indiatimes.com
India-Japan trade at USD 27.5 billion in FY 2025-26 still a fraction of potential: Piyush Goyal.
Union Commerce and Industry Minister Piyush Goyal on Tuesday said bilateral trade between India and Japan stood at around USD 27.5 billion in 2025-26 but remained only a fraction of the potential between the two countries. Addressing a Japanese delegation at the UP-Japan Investment Meet 2026, Goyal said the bilateral relationship was backed by a target of 10 trillion yen in Japanese investment in India over the next decade. 'Our bilateral trade stands at around USD 27.5 billion in FY 2025-26, still fraction of our potential,' Goyal said.
Source: economictimes.indiatimes.com
India International Coffee Festival in Bengaluru from Feb 26.
The Coffee Board of India, in association with the Speciality Coffee Association of India (SCAI), On Wednesday announced that the third edition of India International Coffee Festival (IICF) 2027 will be held in February next year in Bengaluru. IICF 2027 will bring together all the coffee sector stakeholders such as growers, roasters, cafe brands, equipment makers, baristas and fast growing community of coffee connoisseurs.
Source: thehindubusinessline.com