UK recognises India’s carbon credit trading scheme, relief for Indian exporters.
In a significant benefit for Indian exporters, the UK has agreed to recognize India’s carbon credit trading scheme (CCTS), which will enable exporters to avoid double taxation and boost trade, officials said. With this recognition, British importers of eligible Indian goods covered under the UK Carbon Border Adjustment Mechanism (CBAM) will be able to seek carbon price relief corresponding to the effective carbon price borne by those goods under the CCTS, thereby reducing the CBAM liability on Indian goods and directly benefiting Indian exporters.
Source: economictimes.indiatimes.com
From dialogue to delivery: Turning 3 decades of ASEAN-India agri-cooperation into farmers’ prosperity.
The 9th ASEAN-India Ministerial Meeting on Agriculture and Forestry (AIMMAF), scheduled for September 9, 2026, in New Delhi, will follow an established sequence: the 10th ASEAN-India Working Group on Agriculture and Forestry (AIWGAF) will meet a day earlier to deliberate and finalise technical recommendations for consideration by the ministers. While this may appear procedural, another round in a mechanism that has evolved ever since India and ASEAN began their sectoral dialogue in 1992, it is worth looking beyond the formalities to examine what this institutional partnership has built over three decades. The meeting, therefore, offers an opportunity not only to take stock of progress but also to translate long-standing cooperation into more tangible outcomes for farmers’ prosperity, livelihoods, and food systems across the region.
Source: economictimes.indiatimes.com
Govt mulls FDI liberalisation in plantation sector.
The government is considering liberalising foreign direct investment (FDI) norms in the plantation sector by bringing more commercial crops under the ambit, an official said. The Commerce and Industry Ministry is holding stakeholder consultations on the issue, the official said.
Source: economictimes.indiatimes.com
Punjab cabinet approves 3 foodgrain policies for Kharif 2026-27.
The Punjab Cabinet on Saturday approved three key policies to ensure smooth and hassle-free procurement and movement of paddy during the ensuing Kharif Marketing Season 2026-27. The cabinet also gave its nod to amendments to the Punjab Public Service Commission (Group A) Service Regulations, 2012, revival of 33 posts at the Sub-Divisional Hospital, Chamkaur Sahib, creation of 138 new healthcare posts and filling 80 vacant posts.
Source: economictimes.indiatimes.com/
India's Purvanchal fresh produce exports exceed 1,000 tons.
According to the Agricultural and Processed Food Products Export Development Authority (APEDA), exports of perishable agricultural products through Lal Bahadur Shastri International Airport increased from 4 tons in 2020-21 to more than 1,000 tons annually in recent years. Export volumes stood at 4 tons in 2020-21, 157 tons in 2021-22, 561 tons in 2022-23, 750 tons in 2023-24, 1,032 tons in 2024-25, and 1,010 tons in 2025-26. APEDA Deputy General Manager C B Singh said the slight decline in 2025-26 was linked to trade disruptions in the Middle East in March, although exports remained above 1,000 tons.
Source: freshplaza.com
New FTAs open big export gains across key sectors.
Eight new free trade agreements (FTAs) signed in the last five years have opened up duty-free market access of $982 billion in electronics, $631 billion in agriculture, and $442 billion in gems and jewellery for Indian exporters, according to an analysis by the commerce and industry ministry. Engineering goods, chemicals and pharmaceuticals are the other manufacturing sectors where the market opportunity is high. Two of the trade deals, with New Zealand and the EU, are yet to be operational.
Source: economictimes.indiatimes.com
Maharashtra pitches for Belgium investments.
Maharashtra chief minister Devendra Fadnavis hss made a strong pitch for Belgian investments into Maharashtra as it seeks to take advantage of the free trade agreement (FTA) between India and the European Union (EU). Speaking to a room full of businessmen from Belgium and India Fadnavis said that Belgian companies looking to invest into India can look at Maharashtra as the base.
Source: economictimes.indiatimes.com
Belgian PM De Wever pitches lower, zero tariffs to boost India-EU trade.
Belgian Prime Minister Bart De Wever on Friday called for further cuts in import duties on goods traded between India and the European Union, including the possibility of zero tariffs, to spur bilateral trade, particularly in the diamonds sector. Speaking at the Bharat Diamond Bourse (BDB), Wever said it took two decades for India and the 27-nation EU bloc to reach the 'landmark' free trade agreement in January this year.
Source: economictimes.indiatimes.com
Indian rice export rates rise to one-year high as lower rainfall fuels supply woes.
Indian rice export prices this week extended their gains to the highest level in a year, as below-normal rainfall raised concerns over production amid tightening supplies, while Vietnamese and Thai rates also rose. 'Crop prospects are deteriorating every week. The southern states need rainfall now, or crop productivity will suffer significantly,' said a Mumbai-based dealer with a global trade house.
Source: economictimes.indiatimes.com
Kharif Harvest Outlook: Strong prices expected for most crops, except Bajra and Moong.
As new Kharif crops arrive in mandis in about 10 days, farmers in top-producing states are expected to receive favourable market prices. The only notable concerns are Bajra (Pear Millet) and Moong (Green Gram), which are lagging behind at 31 per cent and 13 per cent below their MSPs.
Source: thehindubusinessline.com