Not going, bananas: Ramzan ripe time for most-exported fruit but Iran war a spoiler.
Bananas-India's top fruit export by volume-have become the unlikely casualty of the festering conflict in West Asia. The closure of Strait of Hormuz, the vital narrow shipping lane linking the Gulf to global markets, has stranded vessels carrying bananas from India, leaving exporters scrambling to save thousands of tonnes of the highly perishable cargo.
Source: economictimes.indiatimes.com
US-India trade deal is almost at finish line: US Deputy Secretary of State Landau.
The United States will work with India to make sure that its short and long-term energy needs are met, US Deputy Secretary of State Christopher Landau said on Thursday amid concerns over disruptions in flow of crude oil following the crisis in West Asia. Global oil and gas prices have surged after Iran has virtually blocked the Strait of Hormuz, a narrow shipping lane between the Persian Gulf and the Gulf of Oman, that handles roughly 20 per cent of global oil and LNG (Liquefied Natural Gas).
Source: economictimes.indiatimes.com
Rice exporters urge govt to recognise Iran crisis shipping disruption as force majeure.
The Indian Rice Exporters' Federation (IREF) has requested the government to issue an official advisory/notification recognising the current Iran-crisis-linked shipping/logistics disruption as a force-majeure-type / exceptional circumstance. This will ease contractual performance issues and reduce undue pressure from buyers in the form of forced price reductions, penalties, or unilateral cancellations for circumstances beyond exporters’ control.
Source: economictimes.indiatimes.com
West Asia conflict halts Maharashtra grape exports, 16,000 tonnes at risk.
The escalation of conflict in West Asia has halted Maharashtra’s grape exports to Gulf countries, leaving thousands of tonnes of consignments stranded at the Jawaharlal Nehru Port Authority (JNPA) in Navi Mumbai and raising concerns about a supply glut in the domestic market. According to traders and industry representatives, about 300 containers of grapes—roughly 3,900 tonnes—had already been loaded for export to Gulf markets via Dubai when shipments were disrupted by the deteriorating geopolitical situation involving the United States, Israel and Iran.
Source: thehindubusinessline.com
Telangana pegs rabi paddy production at 1.46 crore tonnes.
After registering a bumper paddy crop of about 1.46 crore tonnes in the kharif season, Telangana estimates it will see a repeat of that number in the rabi season as well, taking the total annual paddy production to 2.96 crore tonnes. As the season comes to a close, the Government is preparing to procure at least two-thirds of the produce, spending over Rs.20,000 crore.
Source: thehindubusinessline.com
West Asia tensions may cloud India’s coffee export momentum.
Even as Indian coffee exports gain pace with the completion of the harvest, exporters are increasingly concerned about the escalating conflict in the West Asia, fearing an impact on the shipments. The uncertainty has already begun to disrupt logistics, with some shipping lines reportedly suspending cargo bookings to parts of the region.
Source: thehindubusinessline.com
India’s 2025–26 horticulture production forecast at 370.846 million tons.
India's horticulture production reached approximately 370.738 million tons in the 2024–25 season, according to data presented by Union Agriculture and Farmers' Welfare Minister Shivraj Singh Chouhan during a press conference in Mussoorie. The figure represents a 4.51 per cent increase compared with the previous year.
Source: freshplaza.com
Assam exports GI-tagged Karbi Anglong ginger to London for first time.
Assam Agriculture Minister Atul Bora flagged off the first export consignment of Geographical Indication (GI)-tagged Karbi Anglong Ginger to London during a ceremony held at Krishi Bhawan, Khanapara in Guwahati on Monday. Speaking at the event, Bora said, 'This is the first time that ginger is being exported. This ginger is from Karbi Anglong. Its quality is very good. We are exporting it to London. This is a matter of great happiness for us.'
Source: thenewsmill.com
Iran war disrupts global ocean freight and air cargo supply chains beyond oil.
The Iran war has effectively halted oil tanker movement in the key Strait of Hormuz. But it's also disrupting the wider global supply chain beyond oil, affecting everything from pharmaceuticals from India, semiconductors from Asia and oil-derived products like fertilizers that come from the Middle East. Cargo ships are stuck in the Gulf or making a much longer detour around the southern tip of Africa. Planes carrying air cargo out of the Middle East are grounded. And the longer the war drags on, the more likely that there will be shortages and price increases on a wide range of goods.
Source: economictimes.indiatimes.com
India-UK trade deal faces challenges amid West Asia conflict.
India's new trade deal with the UK faces a potential hurdle. The ongoing West Asia crisis is impacting sea routes. Vessels are rerouting away from key passages. This could affect India's exports in the initial phase of the agreement. Gem and jewellery exports are also becoming costlier due to air cargo detours. The government is closely monitoring the situation.
Source: economictimes.indiatimes.com