India's exports hit $43.56 billion in April as shipments record double-digit growth
The country's exports have recorded a double-digit growth during April-May 2026-27, a senior government official said on Monday. he Commerce Ministry will release the trade data for May on June 15. "During the two months, exports are in double-digit growth," the official said. Exports rose by 13.78 per cent to USD 43.56 billion in April, the highest monthly outbound shipments in more than four years, driven by petroleum products amid a surge in crude oil prices, but the trade deficit widened to a three-month high of USD 28.38 billion due to an uptick in imports.
Source: economictimes.indiatimes.com
India and Oman energize a new Trade Gateway through a landmark Comprehensive Economic Partnership Agreement (CEPA)
Today, the India–Oman Comprehensive Economic Partnership Agreement (CEPA) entered into force marking a defining milestone in bilateral economic relations and opening a transformative new chapter in strategic trade and investment cooperation between the two countries. The India-Oman CEPA was signed on 18th December, 2025 in Muscat in the presence of Hon’ble Prime Minister Shri Narendra Modi and His Majesty Sultan Haitham bin Tarik Al Said. After completion of internal processes by both sides, the Agreement has entered into force on 1st June, 2026.
Source: www.pib.gov.in
India's wheat procurement for buffer stocks exceeds revised target
Total procurement 35 million tonnes, up 17% from nearly 30 million tonnes a year ago The Indian government’s wheat procurement during the ongoing season has reached 34.99 million tonnes (mt) as of May 31, up by 17 per cent from 29.82 mt in the corresponding period a year ago. The current procurement, made by the Food Corporation of India for buffer stocks, has exceeded the target of 34.5 mt set by the government. It was initially fixed at 30.3 mt but increased in the last week of April, following demand from the States.
Source: thehindubusinessline.com
India, Myanmar agree to deepen trade ties, push connectivity projects and security cooperation
India and Myanmar on Monday reaffirmed their commitment to strengthening economic, connectivity and security cooperation during the official visit of Myanmar President to India, with both sides agreeing to accelerate key infrastructure projects, expand trade and deepen bilateral engagement. According to a joint statement issued after the talks, Prime Minister Narendra Modi underscored that enhanced connectivity would help foster stronger economic linkages and shared prosperity across the region. The two sides stressed the need to work closely towards the completion of the Kaladan Multi-Modal Transit Transport Project and the India-Myanmar-Thailand Trilateral Highway, two flagship initiatives aimed at boosting regional integration and cross-border commerce.
Source: economictimes.indiatimes.com
UK Business Secretary Peter Kyle to meet Piyush Goyal on June 2 over India-UK FTA rollout
UK Secretary of State for Business and Trade Peter Kyle will visit India on June 2 for high-level talks aimed at advancing trade ties and accelerating the implementation of the India-UK Free Trade Agreement (FTA), officials said on Monday, reported ANI. During his visit to New Delhi, Kyle is scheduled to meet Commerce and Industry Minister Piyush Goyal to discuss pending trade-related issues and the next steps for operationalising the recently concluded India-UK FTA.
Source: economictimes.indiatimes.com
India, US near trade pact; tariff terms hinge on Section 301 relief, source says
India is likely to discuss Washington's Section 301 investigation and potential tariff measures with U.S. trade officials, as the two nations seek to finalise a deal, an Indian government source said on Monday. A US delegation led by chief negotiator Brendan Lynch will hold three-day talks with Indian trade officials in New Delhi starting Tuesday.
Source: economictimes.indiatimes.com
Government raises onion buffer stock purchase price 24% to Rs 15.80/kg
The government has raised the procurement price for onions under its buffer stock programme by 24.4 per cent to Rs 15.80 per kg from Rs 12.70 per kg, citing market dynamics and the need to protect farmers. 'We increased the procurement price of onion to Rs 15.80 per kg from Rs 12.70 per kg,' said Anupam Mishra, Additional Secretary, Ministry of Food and Consumer Affairs, at an inter-ministerial briefing on Monday.
Source: economictimes.indiatimes.com
APEDA, Fruit Master Agro Fresh organise capacity development programme for farmers
The programme witnessed enthusiastic participation from Farmer Producer Organisations (FPOs) across Jammu & Kashmir along with individual progressive farmers. The Agricultural and Processed Food Products Export Development Authority (APEDA), in collaboration with Fruit Master Agro Fresh Pvt. Ltd. organised a Farmers Capacity Development Programme in Kashmir to enhance the capabilities of farmers for export of fresh fruits from the region.
Source: greaterkashmir.com
Latin America: India's most undervalued export market
India's exports to Latin American countries now exceed exports to several neighboring markets and traditional trade partners, underscoring the region's emergence as a strategically important destination for Indian goods. In 2025–26, India’s exports to Brazil reached 7.02 billion dollars—higher than exports to Japan (6.04 bn), Vietnam (6.6 bn), Spain (6.96 bn), South Korea (6.01 bn), South Africa (7 bn), and Malaysia (6.82 bn).
Source: theweek.in
India's grape sector bets on new varieties to weather future seasons
Anyone tracking India's grape sector in the 2025-26 season knew it was a rough year for farmers and exporters. Prolonged late-2025 rains across prime growing regions in Nashik's Satara and Dindori belts lowered yields by 45-55%. While traditional varieties got hit the hardest, newer patented varieties showed real grit, keeping exports afloat despite port chaos from issues in the Red Sea, tied to the Iran-US war. Ganesh More, partner at Agxotic Farms, and Harish More, vice president at Fratelli Fruits Farmer Producer Company, discuss how the new grape genetics are reconditioning the sector.
Source: hortidaily.com