India’s final $150–200 billion trade offer on table, refuses to budge on agriculture: Reports – Will Trump accept?
With just hours left for India and the United States to finalise a mini trade deal before the 90-day suspension on reciprocal tariffs ends, sources told CNBC TV18 that New Delhi has made a 'decent offer' as part of the ongoing negotiations and the White House is currently assessing the proposal. With this, US President Donald Trump will now have to take a final call on the much-anticipated India-US trade deal. According to the CNBC TV18 report that cited sources, the Indian side has put forward a proposal that touches nearly $150 billion to $200 billion worth of goods trade between the two nations. The US administration is currently assessing the level of market access this deal would offer to American companies.
Source: financialexpress.com
Bengal Plans Post-Puja Industrial Conclave To Boost Investment & Exports.
To accelerate Bengal's industrialisation, state govt would host a business and industrial conclave after the Pujas, Amit Mitra, principal chief economic adviser to CM Mamata Banerjee, said on Tuesday. Mitra said the CM decided to host the conclave after taking stock of investment proposals — received since the Bengal Global Business Summit (BGBS) in Feb — during a meeting at Nabanna during the day. The state's ex-finance minister, however, clarified that this conclave had nothing to do with BGBS and it would be held as usual.
Source: timesofindia.indiatimes.com
PM Modi Arrives In Brasília For State Visit, To Hold Talks With President Lula.
Prime Minister Narendra Modi arrived in the Brazilian capital Brasília on Monday, marking the second leg of his visit to Brazil after concluding a “very productive” trip to Rio de Janeiro for the 17th BRICS Summit. Upon his arrival, Prime Minister Modi was received at the airport by Brazil’s Defence Minister Jose Mucio Monteiro Filho.
Source: ddnews.gov.in
India-Sri Lanka livestock meet eyes joint R&D, trade co-operation.
In a move aimed at strengthening regional cooperation in the livestock and poultry sectors, the CLFMA of India in association with the Sri Lanka Veterinary Association (SLVA) and the World Poultry Science Association – Sri Lanka Branch hosted the India-SriLanka Livestock meet in Colombo last week. The two day event on July 1 and 2 marked the formal beginning of an institutional dialogue between the two nations and set the stage for collaborative action in areas such as animal health, feed innovation, policy alignment, and knowledge exchange, a CLFMA release said.
Source: thehindubusinessline.com
India and US edge closer to mini trade deal: Key sectors excluded.
India and the US are nearing a mini trade deal with politically and economically sensitive sectors of dairy and agriculture likely to be excluded from the pact, officials said. 'The deal is in its conclusion phase,' said an official. 'Most issues related to agri may be discussed later. As of now, they seem to be out of the ambit of this phase of the deal,' the official said, adding that the agreement could be announced in the next two days.
Source: economictimes.indiatimes.com
India: Goa’s vegetable imports down by 25%, 10% now being exported, says Chief Minister.
Chief Minister Pramod Sawant announced that Goa has reduced its dependence on imported vegetables by 25% and has begun exporting nearly 10% of its produce, a significant shift driven by local agricultural initiatives and support systems.
Source: hortidaily.com
Modi in Brazil after pledges to ramp up bilateral trade, ties with Argentina.
Prime Minister Narendra Modi landed in Rio de Janeiro late on Saturday (July 5) on a four-day visit, during which he will participate in the 17th BRICS Summit and undertake a state visit. The prime minister was accorded a ceremonial welcome upon his arrival at the Galeao International Airport on Saturday evening (local time).
Source: thefederal.com
Active negotiations on with over dozen countries for finalising bilateral investment treaties: Official.
India is actively negotiating bilateral investment treaties (BITs) with over a dozen countries, including Saudi Arabia, Qatar, Israel, Oman, European Union, Switzerland, Russia, and Australia, a government official said. Besides these nations, talks are underway with Tajikistan, Cambodia, Uruguay, Maldives, Switzerland, and Kuwait.
Source: economictimes.indiatimes.com
Arunachal seeks ICAR support to boost agriculture & horticulture.
Arunachal Pradesh agriculture minister Gabriel D Wangsu on Monday sought robust institutional support from the Indian Council of Agricultural Research (ICAR) to boost the state's agriculture, horticulture and allied sectors while addressing the 96th annual general meeting of the ICAR Society in New Delhi on Monday. Wangsu presented a detailed 10-point proposal, highlighting the state's unique agro-climatic potential and its significant contribution to India's kiwi production, an official statement said.
Source: timesofindia.indiatimes.com
The rise of India’s moringa economy.
A staple in South Indian kitchens, drumsticks or moringa (Moringa oleifera), has gained international acclaim, often toured as a 'superfood'. Tamil Nadu, where it is locally known as murungai, leads moringa production and area in India. Moringa, native to India, has long been valued in various traditional practices for its versatility. Different parts of the plant, from seeds to roots, are used in food and folk remedies. It is said to be a source of vitamins, antioxidants, amino acids, and minerals. 'According to research, it contains seven times more Vitamin C than oranges, and 17 times more calcium than milk. These properties have sparked global interests especially in the wellness and natural health industries.'
Source: india.mongabay.com