India’s rose market finds new bloom at home as exports wilt.
With Valentine's Week around the corner, not everything is rosy for India's flower growers. While roses flood markets ahead of February 14, farmers exporting blooms are grappling with soaring air freight costs that have sharply eroded their competitiveness in international markets.
Source: floraldaily.com
Brazil seeks to broaden chicken trade with India.
A Brazilian trade delegation in India is seeking opportunities to sell more Brazilian chicken to the Asian country in return for opening up its home market to some Indian fruit and nuts, Brazil's Agriculture Ministry and industry group ABPA said. While it is the world's largest exporter of the poultry, Brazil sells almost no chicken to India due to prohibitive import tariffs.
Source: reuters.com
India, New Zealand hold first joint working group meeting on horticulture cooperation.
India and New Zealand recently convened the inaugural Joint Working Group (JWG) meeting on horticultural cooperation, marking a key milestone in bilateral agricultural collaboration under the Memorandum of Cooperation (MoC) signed on 12 March 2025. The meeting, co-chaired by Priya Ranjan, Joint Secretary (Horticulture), Department of Agriculture & Farmers Welfare (DA&FW), and Steve Ainsworth, Divisional Manager, Bilateral Relations and Trade from New Zealand (joining virtually), brought together senior officials and technical experts from both countries. The discussions focused on strengthening cooperation in the horticulture sector, with priority given to kiwifruit and pip fruits such as apple and pear.
Source: fnbnews.com
India strengthens global food security with five-year rice supply deal with World Food Programme.
The Food Corporation of India (FCI) and the World Food Programme (WFP) recently signed a landmark Memorandum of Understanding (MoU) to supply rice for global humanitarian operations, reinforcing India’s commitment to combating hunger and supporting international food security efforts. The agreement, inked in New Delhi on 18 February 2026, was signed by Rabindra Kumar Agarwal, chairman and managing director of FCI, and Carl Skau, deputy executive director of the World Food Programme, in the presence of senior officials from the Ministry of Consumer Affairs, Food & Public Distribution. Under the pact, the FCI will supply up to 200,000 metric tonnes of rice — including rice with up to 25% broken content — to the WFP over the next five years.
Source: fnbnews.com
Odisha flags off Ginger & Kalajeera rice exports from Koraput.
In a major push to strengthen farmer incomes and expand interstate market access, large consignments of dry ginger, fresh ginger and premium Kalajeera rice cultivated by tribal farmers were flagged off from Koraput during the District Level Animal Husbandry and Fishery Mela held at the RTO Ground. The consignments were flagged off by Manoj Satyawan Mahajan, IAS, Collector of Koraput, in the presence of Sudam Chandra Biswal, Deputy Director of Horticulture, representatives of Palladium, and members of Jaivik Sri Farmers Producer Company Limited.
Source: fnbnews.com
Comprehensive review of NAFED to accelerate ‘Self-Reliance in Pulses Mission’ and ensure assured procurement at MSP.
Union Minister for Agriculture and Farmers’ Welfare and Rural Development Shri Shivraj Singh Chouhan on Friday held an extensive review meeting of the National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) at his residence at 12, Safdarjung, New Delhi. The meeting focused on procurement arrangements for pulses and oilseeds, ensuring that farmers receive the full benefit of the Minimum Support Price (MSP), and on the effective implementation of related government schemes.
Source: pib.gov.in
Union Agriculture Minister holds bilateral meeting with Brazil counterparts to deepen India–Brazil cooperation in agriculture and allied sectors.
Union Minister of Agriculture and Farmers Welfare, Shri Shivraj Singh Chouhan, held a bilateral meeting with H.E. Mr. Carlos Fávaro, Minister of Agriculture and Livestock of Brazil, and H.E. Mr. Luiz Paulo Teixeira Ferreira, Minister of Agrarian Development and Family Agriculture of Brazil, at Krishi Bhawan on 20th February, 2026, where both sides discussed the status of ongoing cooperation and also outlined the future areas of collaboration.
Source: pib.gov.in
Directorate General of Commercial Intelligence and Statistics Revises Base Year of Merchandise Trade Indices to FY 2022–23 to Reflect Current Trade Structure and Global Patterns.
Merchandise Trade Indices are compiled and published by the Directorate General of Commercial Intelligence and Statistics (DGCI&S), Ministry of Commerce & Industry, to measure changes in the unit values (prices) of India’s exports and imports over time. These indices serve as important indicators of external sector price movements and are widely used for economic analysis, including national accounts compilation and assessment of terms of trade. Over the years, the base year of the indices has been periodically revised to reflect structural changes in India’s trade composition and evolving global trade patterns. The most recent revision updates the base year to FY 2022–23 (2022–23 = 100), replacing the earlier base of FY 2012–13, thereby ensuring that the indices accurately represent the current structure of India’s merchandise trade.
Source: pib.gov.in
India, China among winners after US court blocked Trump tariffs.
In a swift reversal of fortunes, countries that had been hardest hit by US President Donald Trump’s tariffs have emerged as the biggest winners from the Supreme Court’s decision to strike down his emergency levies. China, India and Brazil are among those now seeing lower tariff rates for shipments to the US after the court ruled Trump’s use of the International Emergency Economic Powers Act to impose duties was illegal. While Trump subsequently announced plans for a 15% global rate, Bloomberg Economics calculated that would mean an average effective tariff rate of around 12% — the lowest since his “Liberation Day” tariffs were released in April.
Source: economictimes.indiatimes.com
EU-India FTA to unlock trade growth, AI collaboration and resilient supply chains: Austrian official.
The landmark EU-India Free Trade Agreement (FTA) is a transformative win-win pact that offers immense opportunities in trade, artificial intelligence (AI) and resilient supply chains, Austria's State Secretary in the Federal Chancellery Alexander Proll has said. In an interview with PTI Videos, Proll has described the EU-India FTA as the mother of all deals that stands to benefit nearly 200 crore people and create one of the world's largest free trade zones.
Source: economictimes.indiatimes.com