Philippine rice import volume poised to hit new record in 2026.
The Philippines may breach its 2024 record for rice imports this year as the government moves to secure sufficient supply ahead of the potential impact of El Niño on local production. 'It’s possible because we have El Niño and our local production could be affected,' Agriculture Assistant Secretary Arnel de Mesa said in a phone interview on Wednesday.
Source: business.inquirer.net
Punasa mangoes fetch Rs 5 cr to Prakasam farmers.
Though the regular seasonal mango crop brought losses to growers this year, the late-season Punasa variety has yielded considerable gains. From mid-August to end of September, nearly Rs 5 crore worth of business was achieved from Punasa mango stocks in Ulavapadu and Gudluru areas of the Kandukuru segment, Prakasam. Farmers said the regular summer crop of Banginapalli, Rasaalu, Bengaluru and Neelam varieties failed to deliver profits. Later, the slightly delayed Punasa crop brought relief. In Ulavapadu and Gudluru mandals, more than 10,000 acres are under mango orchards, of which 4,000 acres are Punasa. Arriving in July and August, Punasa filled the gap left by summer varieties.
Source: newindianexpress.com
Need to have multiple routes under IMEC: French Special envoy.
There need to be multiple routes under the India-Middle East-Europe Economic Corridor (IMEC) according to Gérard Mestrallet, Special Envoy of the French President for the proposed route. Responding to queries from journalists on the impact of the ongoing Iran conflict, he said the focus is shifting towards resilient routes.
Source: economictimes.indiatimes.com
Piyush Goyal steps up US outreach, pitches India to global investors for deeper investment ties.
Union Commerce and Industry Minister Piyush Goyal has stepped up his engagement with global business leaders during his visit to the United States, holding a series of meetings with senior executives from leading investment, financial services and consumer companies to explore opportunities for deeper investment and partnerships with India. Goyal held meetings with senior representatives of Blackstone, Neuberger Berman and The Estee Lauder Companies, with discussions spanning investment opportunities, financial and wealth management, manufacturing, sourcing and India's growing beauty and personal care market.
Source: economictimes.indiatimes.com
World Bank bumps up FY27 India growth outlook to 7.1%.
The World Bank on Tuesday raised its India growth forecast for FY27 to 7.1% from 6.6% estimated earlier, citing robust domestic demand and strong exports despite global headwinds. Momentum in the industrial and services sectors is expected to remain strong, it said.
Source: economictimes.indiatimes.com
ISM Middle East 2026 opens to $400 bn APMEA market.
With sweets and snacks sales across Asia Pacific, the Middle East and Africa (APMEA) set to surpass $400 billion in 2026, the region is becoming an increasingly important growth market for the global industry. As consumer demand fragments across occasions, dietary priorities and value expectations, buyers are recalibrating portfolios around portfolio relevance, differentiated innovation, regulatory readiness and reliable delivery.
Source: fnbnews.com
Georgia, India discuss expanding trade and economic ties.
Those deported include citizens of Jordan, India, Egypt, Lebanon, Algeria, the Philippines, Armenia, Uzbekistan, Türkiye, Russia, China, Azerbaijan, Kyrgyzstan, Iraq, Kenya, Nepal, Nigeria, Thailand and other countries, News Georgia reports. Around 3,300 people have been deported from Georgia since the beginning of the year.
Source: news.az
S Jaishankar begins Ghana visit to deepen India-Africa trade ties.
External Affairs Minister S Jaishankar arrived in Ghana on Tuesday on the first leg of his three-nation tour of Africa, aimed at exploring ways to strengthen bilateral ties in trade, investment and infrastructure development. From Ghana, Jaishankar will travel to Cte d'Ivoire and Ethiopia. The Ministry of External Affairs said the visit reflects India's commitment to deepen its partnership with Africa and will further New Delhi's solidarity with the Global South.
Source: www.indiatoday.in
'India’s first FTA with any economic bloc in Europe': PM Modi highlights $100 bn investment goal in meet with Swiss Prez Parmelin.
India and the Swiss Confederation on Monday exchanged several Memoranda of Understanding (MoUs) in the presence of Prime Minister Shri Narendra Modi and President of the Swiss Confederation Guy Parmelin at Hyderabad House in the national capital. Delivering a joint press statement following delegation-level talks, Prime Minister Modi highlighted the growing momentum in bilateral relations, particularly following the implementation of the historic Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA).
Source: indiashippingnews.com
India Trade Talks Stall as U.S. Agriculture Eyes a Bigger Prize.
U.S.-India trade negotiations stalled again this week after months of talks failed to produce a final bilateral agreement, with Indian Finance Minister Nirmala Sitharaman saying the negotiations have reached a 'plateau' and U.S. Trade Representative Jamieson Greer signaling that a deal is not imminent. The impasse matters for U.S. agriculture because India is protecting politically sensitive farm sectors while Washington seeks broader market access to one of the world's largest consumer economies.
Source: agrolatam.com