Union Minister of Commerce and Industry Shri Piyush Goyal Calls for Stronger Industry-Government Collaboration, Urges Turning Global Uncertainties into Opportunities for Reform and Resilient Growth.
Union Minister of Commerce and Industry Shri Piyush Goyal addressed the ASSOCHAM India Business Reform Summit 2026 in New Delhi today and called for deeper collaboration between industry and government to advance ease of doing business, enhance India’s competitiveness and accelerate the country’s journey towards Viksit Bharat 2047.
Source: pib.gov.in
Italy and India set to upgrade ties during Modi's visit to Rome.
Italy and India will seek to reinforce diplomatic and trade ties during Prime Minister Narendra Modi's visit to Rome by elevating their relationship to that of a special strategic partnership, an Italian government official said on Tuesday. Like other European countries, Italy has looked to India as an ally during a period of geopolitical upheaval. The European Union earlier this year concluded a long‑delayed trade deal with India, partly aimed at reducing its reliance on the United States.
Source: reuters.com
Trade pacts set stage for 'golden era' in India-Nordic ties: PM Modi.
Prime Minister Narendra Modi on Tuesday affirmed that the relations between India and the Nordic countries are set to usher in a new 'golden era' with the recently-concluded trade agreements. 'Starting October 2025, along with Norway, Iceland, and other EFTA countries, we have implemented the Trade and Economic Partnership Agreement. And, just a few months ago, we signed the India-European Union Free Trade Agreement, in which Denmark, Finland, and Sweden are also partners.
Source: economictimes.indiatimes.com
Datanomics: PM Modi's 5-nation tour likely to strengthen trade ties.
Prime Minister Narendra Modi's five-nation tour of the United Arab Emirates (UAE), the Netherlands, Sweden, Norway, and Italy concludes on May 20, highlighting India's overarching aim to strengthen relations with these countries. India currently has a trade deficit with these countries, which cumulatively stood at $34 billion between FY21 and FY25. However, these countries accounted for 14 per cent of India's total exports but only 10 per cent of its total imports during this period. The government has signed a bilateral trade deal with the UAE regarding oil imports, with crude petroleum and petroleum products accounting for 37 per cent of total imports in FY26.
Source: business-standard.com
UAE and India ramp up $200bn trade drive as business ties deepen.
Senior UAE and Indian ministers, diplomats and business leaders gathered in Dubai on Monday evening as both nations reaffirmed efforts to expand bilateral trade to $200bn under the Comprehensive Economic Partnership Agreement (CEPA) framework. The high-level gathering, organised by the UAE India Business Council – UAE Chapter (UIBC-UC), brought together key stakeholders from government, trade, investment and industry under the theme 'Strength in Resilience', reflecting the growing strategic depth of the UAE-India economic partnership.
Source: gulfbusiness.com
Eastern India Can Become Growth Engine Of India’s Agriculture: Shivraj Singh Chouhan.
Union Agriculture Minister Shivraj Singh Chouhan on Tuesday said Eastern India has the potential to emerge as the growth engine of the country’s agricultural development, stressing the need for diversified, sustainable and market-oriented farming to improve farmers’ incomes. Chouhan was addressing the Eastern Regional Agriculture Conference at the Mayfair Convention Centre in Bhubaneswar along with Odisha Chief Minister Mohan Charan Majhi. Representatives from Odisha, Bihar, Jharkhand, Chhattisgarh and West Bengal participated in the conference to discuss a shared roadmap for agricultural growth in the eastern region.
Source: ddnews.gov.in
Goa’s mango output up nearly 50% this season.
The Goa agriculture department has reported a nearly 50% rise in mango productivity compared to the last year and harvests are expected to continue till the first week of June. Agriculture director Sandeep Fol Desai said the bumper crop was largely due to favourable weather conditions, especially the absence of significant pre-monsoon showers. “This helped improve flowering and reduced fruit drop during the crucial growing period.
Source: timesofindia.indiatimes.com
India’s blueberry growers adapt with high tunnels, low-chill varieties and soilless production.
India's domestic blueberry sector has moved from pilot‑scale experiments to a more commercially visible stage over the past three years, says Hitesh Limani of Agrodome Projects LLP, a protective cultivation and greenhouse manufacturer. 'After COVID, the industry has seen a significant shift, with rising demand for healthier food options, adoption of protected cultivation, import of quality planting material, and increasing urban demand driving this growth.'
Source: freshplaza.com
Pvt sector deals are key to push India-United Arab Emirates ties ahead, says UAE Minister.
The next phase of India-UAE partnership would be driven by joint investments, logistics connectivity, and deeper private-sector collaboration, UAE Minister of Foreign Trade Thani bin Ahmed Al Zeyoudi said at a closed-door industry event.
Source: economictimes.indiatimes.com
India soymeal exports to fall to four-year low on rising prices.
India's soymeal exports are set to halve in the current year to a four-year low after prices surged 47% over the past month, eroding the competitiveness of Indian animal feed against South American supplies, industry officials told Reuters. The drop in Indian exports is likely to help suppliers in South and North America increase soymeal shipments to Asian buyers that traditionally source from India.
Source: economictimes.indiatimes.com