India taking steps to diversify exports and boost demand, trade minister says.
India is taking steps to diversify its exports and boost domestic demand to support exporters hit by 'unilateral action' taken by a country, trade minister Piyush Goyal said on Friday. It was Goyal's first public comment since the doubling of U.S. tariffs on Indian goods to up to 50% took effect this week.
Source: reuters.com
India Clocks Robust 7.8% Growth, Beating Expectations.
India’s economy grew at a strong pace of 7.8 per cent in the April-June quarter of the current financial year, according to official data released by the Ministry of Statistics on Friday. This marks an acceleration from the 6.5 per cent growth recorded in the same quarter of 2024-25.
Source: ddnews.gov.in
Agriculture Ministry to Showcase Organic Products at Biofach India 2025.
Union Ministry of Agriculture & Farmer’s Welfare is participating in Biofach India 2025, one of country’s largest organic trade fair, being held from 30th August to 1st September 2025 at the India Expo Centre & Mart, Greater Noida. Over 27 Farmer Producer Organization (FPOs) from the North Eastern Region, supported under the MOVCDNER will showcase their wide range of products.
Source: pib.gov.in
Commerce Ministry working on short, medium, long-term steps to shield exporters from US tariffs.
The Commerce Ministry is working on short, medium, and long-term action plans to help exporters deal with the steep 50 per cent US tariffs imposed on Indian goods entering Washington, an official said. Several special economic zone policy flexibility norms are also under consideration, the official said.
Source: economictimes.indiatimes.com
India's government plans relief measures for exporters amidst 50% US tariffs.
The government is working on short-, medium- and long-term plans to help exporters cope with the steep 50% tariffs on Indian goods entering the US, with easing of the special economic zone (SEZ) norms also under consideration, an official said. The idea is to provide immediate liquidity relief to exporters, help maintain order levels and employment in vulnerable sectors, build resilient supply chains through structural reforms, and increase market access by leveraging existing trade pacts and tapping new markets. Officials said a well-calibrated, multi-tiered strategy is being designed not only to safeguard Indian exporters but also to strengthen India’s long-term competitiveness in global markets.
Source: economictimes.indiatimes.com
The business case for a triple win in Indian agriculture.
Agriculture in India has never been just another sector. It is our bedrock—feeding the country, keeping millions employed, and giving the economy a steady anchor. And yet, as India pushes towards developed economy status, what happens in agriculture will probably decide whether that growth is fair, resilient and sustainable—or brittle.
Source: thehindubusinessline.com
Measures soon to boost exports; Govt committed to shield industry from unilateral actions: Piyush Goyal.
Commerce and Industry Minister Piyush Goyal on Friday said the government will soon announce measures to boost exports and domestic consumption, underlining its commitment to shield the industry from the adverse impact of unilateral actions by other countries. The remarks are important as the US has imposed a steep 50 per cent tariff on Indian goods entering America from August 27.
Source: economictimes.indiatimes.com
Some countries pressured us to open agriculture market; but India now stands tall: Agri minister Shivraj Singh Chouhan.
Union Agriculture Minister Shivraj Singh Chouhan says India now confidently engages globally in agriculture. He recalls past dependence on imported wheat. India achieved record agricultural growth this year. The government is deploying scientific teams to farms. Chouhan highlights the need for higher production and lower costs. He urges citizens to adopt swadeshi practices.
Source: timesofindia.indiatimes.com
India pushes rice exports to Philippines, world’s largest importer of the grain.
India is pushing rice exports to the world's largest importer of the commodity -- the Philippines -- and to tap the opportunity, a large delegation of leading exporters will visit the Southeast Asian nation next month, an official said. The Philippines is an important market for India in agricultural products exports.
Source: economictimes.indiatimes.com
Prime Minister's bilateral meeting with Chinese President Xi Jinping.
Prime Minister Shri Narendra Modi met with Mr. Xi Jinping, President of the People’s Republic of China, on the sidelines of the Summit of the leaders of the Shanghai Cooperation Organization (SCO) in Tianjin on 31 August 2025. Both leaders welcomed the positive momentum and steady progress in bilateral relations since their last meeting in Kazan in October 2024. They reaffirmed that the two countries were development partners and not rivals, and that their differences should not turn into disputes. A stable relationship and cooperation between India and China and their 2.8 billion peoples on the basis of mutual respect, mutual interest and mutual sensitivity are necessary for the growth and development of the two countries, as well as for a multipolar world and a multi-polar Asia befitting the trends of the 21st century.
Source: pib.gov.in