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
Bangladesh wheat tender’s stiff norms likely to keep Indian exporters out.
Bangladesh has floated a global tender to import 50,000 tonnes of wheat, but India will not be able to tap it, given the specification and competitive prices from other origins. On Tuesday (June 9), Bangladesh’s Directorate General of Food’s procurement division issued the tender for importing milling wheat. The tender, which opened on today (Wednesday), closes on June 24.
Source: thehindubusinessline.com
Commerce Secretary Urges Enhanced Trade, Investment and Business Engagement at India–Tajikistan Joint Commission Meeting.
Commerce Secretary, Government of India, Shri Rajesh Agrawal, delivered the opening remarks at the 12th Meeting of the India-Tajikistan Joint Commission on Trade, Economic, Scientific and Technical Cooperation, held today through video conference. He noted that the Joint Commission was meeting at a time when the global trade, supply-chain and technology landscape had changed significantly, and underlined the need for India and Tajikistan to convert political goodwill and historical friendship into stronger economic outcomes through greater focus on trade, investment, market access, regulatory cooperation and business engagement.
Source: pib.gov.in