Union Minister of Commerce & Industry Shri Piyush Goyal to visit Switzerland from June 12-13, 2026.
Union Minister of Commerce and Industry, Shri Piyush Goyal, will visit Berne, Switzerland, on 12 June 2026 for discussions with senior representatives of the Swiss Government and leaders of the Swiss pharmaceutical industry. The visit underscores the importance India attaches to its economic engagement with Switzerland and the other EFTA States. India and the EFTA States—Switzerland, Norway, Liechtenstein and Iceland—signed the Trade and Economic Partnership Agreement (TEPA) in March 2024, which entered into force in October 2025. The Agreement provides a comprehensive framework for strengthening trade, investment and economic cooperation between the two sides.
Source: pib.gov.in
Parliamentary panel reviews India-US trade ties, export opportunities in Raipur.
A Parliamentary standing committee on commerce, headed by Rajya Sabha MP Dola Sen, held a series of meetings in Raipur on Thursday to assess India-US trade relations, with discussions focusing on boosting exports of agricultural and processed food products and interactions with senior state officials. The committee spoke to senior Chhattisgarh govt officials, representatives of banks, insurance institutions, export promotion agencies and industry bodies as part of its study tour covering Ahmedabad, Raipur and Bhubaneswar.
Source: timesofindia.indiatimes.com
Nepal Has Not Banned Indian Mangoes, Says Govt; 149 Consignments Exported Since Jan.
The government on Wednesday dismissed as 'factually incorrect and misleading' media reports claiming Nepal has banned or suspended imports of Indian mangoes, saying exports to the neighbouring country continue uninterrupted. The Ministry of Agriculture and Farmers Welfare said Nepal's Plant Quarantine and Pesticide Management Centre has itself clarified on June 10 that no ban has been imposed on Indian mangoes.
Source: outlookbusiness.com
India Posts $863 Billion Exports in FY26, On Track For $2 Trillion Target By 2030.
India’s total goods and services exports touched an all-time high of USD 863 billion in FY26, despite global geopolitical tensions and disruptions in international trade, Union Commerce and Industry Minister Piyush Goyal said on Friday. He asserted that the country remains on track to achieve its ambitious target of USD 2 trillion in exports by 2030.
Source: maritimegateway.com
India’s Quiet Privatisation of Grain Stocks at a Time of Global Food Crisis.
It seems like many of the warnings of an imminent food crisis are coming true. From the Super El Niño to the Iran war, it seems like the effects are beginning to show. Most shocking was a recent United States Department of Agriculture (USDA) prediction on wheat.
Source: thewire.in
Maharashtra storms damage 18,121 hectares of bananas.
Maharashtra Agriculture Minister Dattatray Bharane chaired a review meeting to assess damage to fruit crops caused by stormy weather. Government officials, district representatives, and insurance company representatives attended the meeting. The minister instructed authorities and insurance agencies to accelerate crop-loss surveys and compensation procedures.
Source: freshplaza.com
Agriculture Ministry's FY27 budget at Rs 1.4 lakh crore a five-fold jump from 2013-14 level.
The Narendra Modi-government has increased the annual budget for the agriculture ministry by five-fold in the last 12-years to Rs 1.4 lakh crore for the current fiscal as part of its efforts to boost the farm sector and enhance farmers' income. According to a booklet released by the government to mark Modi's tenure as India's longest-serving prime minister, the budget for the Ministry of Agriculture and Farmers Welfare is Rs 1.4 lakh crore for 2026-27 fiscal as against Rs 27,663 crore in 2013-14.
Source: economictimes.indiatimes.com
India attracted $843 billion in FDI between 2014-15 and 2025-26: Official.
India attracted cumulative Foreign Direct Investment (FDI) inflows of USD 843 billion between 2014-15 and 2025-26, registering a 169 per cent increase over the preceding 12-year period, a commerce and industry ministry official said on Wednesday. Despite global economic uncertainties, the country recorded a historic USD 94.53 billion FDI in 2025-26, with over 90 per cent of equity inflows coming through the automatic route, said Sumeet Jarangal, joint secretary in the department for promotion of industry and internal trade (DPIIT).
Source: economictimes.indiatimes.com
APEDA to park maximum fee in FDs from non-Basmati export development fund.
An internal committee under the Non-Basmati Rice Development Fund (NBDF), managed by the government’s agri-export promotion body APEDA, has decided to invest all amount above Rs. 1 crore in term deposit (after factoring taxes and administrative charges) whereas the fund was designed to use for promotion of non Basmati export. Between September 25, 2025 and April 30, 2026, APEDA has collected Rs.9.66 crore from non-Basmati rice exporters through the mandatory contract registration fee, official sources said.
Source: thehindubusinessline.com
From Khorasan to Kashmir, saffron prices surge amid global supply squeeze.
The war in West Asia is quietly reshaping the saffron market in Kashmir. Since the outbreak of the conflict involving Iran, Israel and the US, prices of Kashmiri saffron, one of the world’s most prized spices, have risen sharply.
Source: thehindubusinessline.com