Global wheat rally revives India's export prospects as government allows 5 million tonnes of wheat exports after a four-year ban.
As global wheat futures (CBOT) have rallied by more than 14% during the last one month, Indian exporters have started getting enquiries from Bangladesh for Indian wheat. After a four-year ban, India has allowed export of 5 million tonnes of wheat and 1 million tonnes of wheat products in 2026 as India has surplus stocks. However, exports remained negligible due to lack of export parity.
Source: economictimes.indiatimes.com
India-US 'economic partnership continues' to grow despite pending trade deal: USISPF CEO Mukesh Aghi.
US-India Strategic Partnership Forum (USISPF) President and Chief Executive Officer (CEO) Mukesh Aghi on Friday said that the economic partnership between India and the United States continues to expand despite the absence of a bilateral trade agreement, with trade and investment flows growing steadily. Speaking to ANI, Aghi said that although negotiations on the proposed India-US trade agreement have been underway for some time, he would not speculate on when the deal could be concluded.
Source: economictimes.indiatimes.com
Urad acreage up in North India as sowing picks up on recent rains.
For the first time this kharif season, urad (black matpe) acreage is higher than last year’s levels by eight per cent as farmers in northern States such as Uttar Pradesh, Madhya Pradesh and Rajasthan have expanded the coverage. This is in view of recent rains spurring the sowing.
Source: thehindubusinessline.com
Promotion of AI use in Agriculture and impact assessment.
The Ministry of Agriculture and Farmers Welfare has initiated several AI-related projects. These are being used for farmer advisories, pest control, crop identification, insurance, delivery of scheme benefits, and governance analytics. Under the Digital Agriculture Mission, the Government also supports the States for projects involving modern digital technology, such as Artificial Intelligence and Machine Learning, Block chain Technology, the Internet of Things, Robotics, etc.
Source: pib.gov.in
Progress of Natural Farming under the National Mission for Natural Farming.
The Union Cabinet approved the National Mission on Natural Farming (NMNF) on 25th November 2024 as a centrally sponsored scheme which is being implemented across the country to promote natural farming. Natural Farming is a chemical free farming, involving livestock integrated natural farming methods and diversified crop systems rooted in the Indian traditional knowledge. Natural farming improves soil health, restores ecosystems and reduces input cost to the farmer to achieve greater climate resilience. Natural farming recognises the interdependence of the natural ecosystem amongst soil, water, microbiome, plants, animals, climate and human requirements.
Source: pib.gov.in/
DPIIT's One District One Product Initiative Promotes 1,244 Unique Products Across 773 Districts.
One District One Product (ODOP) is an initiative by the Department for Promotion of Industry and Internal Trade (DPIIT) with the aim of selecting, branding, and promoting at least one product from each district of the country to enable holistic growth across all regions. The selection of ODOP products is undertaken by the respective State/UT Governments. As of date, 1,244 products have been identified across 773 districts in the country under the ODOP framework.
Source: pib.gov.in
India and Israel Conclude Second Round of Negotiations for Proposed Free Trade Agreement.
India and Israel concluded the second round of negotiations for the proposed India-Israel Free Trade Agreement (FTA), held from 20 to 23 July 2026 at Vanijya Bhawan, New Delhi. During the four-day negotiations, both sides held detailed discussions across all areas of the proposed Agreement and continued to make progress towards a balanced, comprehensive and mutually beneficial FTA.
Source: pib.gov.in
Ghana, India target $6bn trade deal through stronger economic ties.
The Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, has disclosed that Ghana and India have set an ambitious target of doubling bilateral trade to $6 billion, building on the strong economic cooperation between the two countries. Speaking while receiving letters of credence from India’s new High Commissioner to Ghana, His Excellency Surinder Bhagat, Mr Ablakwa identified agriculture, information and communication technology (ICT), and pharmaceutical manufacturing as key sectors in which both countries have agreed to deepen bilateral cooperation.
Source: citinewsroom.com
Vietnam attends India’s 8th WTO Trade Policy Review.
Speaking at the session, Dung congratulated India on its remarkable economic and development achievements since its previous trade policy review in 2021. He spoke highly of India’s measures to stabilize, revive and strengthen its economy, helping the country to become one of the fastest-growing among major economies, with real GDP growth consistently exceeding 7%.
Source: en.qdnd.vn
45% of Indian exports to US exempt from new tariff: Govt.
India has been placed in the lower tariff tier under the United States’ final Section 301 measures on forced labour-related imports, with Indian goods attracting an additional 10 per cent duty instead of the initially proposed 12.5 per cent levy, the government said on Saturday. It said around 45 per cent of the exports to the US would remain exempt from the new tariff.
Source: tribuneindia.com