India's business activity surges in June on strong demand, record export orders, PMI shows.
India's private sector activity accelerated sharply in June as companies ramped up production to meet surging domestic and international demand, according to a survey released on Monday that showed record export growth and robust hiring.
Source: reuters.com
APEDA flags off Karnataka jamun as first export consignment to London.
Agricultural and Processed Food Products Export Development Authority (APEDA) has flagged-off the first export consignment of fresh Jamun fruit from Karnataka to London. The commerce ministry's arm APEDA’s move marks a significant step in promoting India's traditional fruits from different regions in global markets. Earlier only frozen Jamun were exported from the country.
Source: fnbnews.com
Coffee exports up 125 pc to $1.8 billion in last 11 years: Govt data.
The country's coffee exports have jumped about 125 per cent to USD 1.8 billion in the last 11 years on account of a series of measures taken by the Coffee Board of India, according to the central government data. The exports stood at over USD 800 million in 2014-15. It was USD 1.28 billion in 2023-24 and USD 1.14 billion in 2022-23, the data showed.
Source: economictimes.indiatimes.com
Karnataka mango growers to be compensated jointly by Centre, State under PDPS scheme.
In a major relief to the mango farmers in Karnataka, the Centre and the State government have decided to jointly compensate the growers by paying the differential price. The decision to pay the differential price for 2.5 lakh tonnes of mangoes grown in the state was taken during a video conference between the Union Agriculture Minister Shivaraj Singh Chouhan and the Karnataka Agriculture Minister N Chaluvaraya Swamy. Union Agriculture Secretary Shri Devesh Chaturvedi also participated in the virtual meeting, an official statement.
Source: thehindubusinessline.com
Exporters suggest shifting shipments from Bandar Abbas port to Chabahar amid Iran-Israel conflict.
Exporters have suggested shifting cargo movement from Bandar Abbas port to the Chabahar port in the wake of Iran-Israel conflict, stating any further escalation in the war would severely impact trade with Afghanistan, Central Asia, and Russia, an industry official said on Friday. The official also said that the air freight rates have already seen a 15 per cent rise, and traders expect both air and sea freight costs to increase further if the conflict escalates.
Source: economictimes.indiatimes.com
TN moves to secure GI tags for five indigenous farm products.
In a major initiative to protect and promote the state’s indigenous agricultural wealth, the Tamil Nadu State Agricultural Marketing Board (TNSAMB) has moved to obtain Geographical Indication (GI) tags for five native farm products. The move, announced in the state’s Agriculture Budget 2025-26, is aimed at enhancing the market value of these traditional crops and improving the livelihoods of farmers engaged in their cultivation.
Source: theshillongtimes.com
India's robust trade with G7 nations, except Canada, signals strong economic ties: Report.
India has experienced a healthy and growing trade relations with G7 nations, outlining deepening economic engagement and cooperation, according to a report by data science company, Rubix. G7 nations or the Group of Seven (G7) is an intergovernmental political and economic forum consisting of US, UK, Germany, France, Italy, Canada, and Japan.
Source: economictimes.indiatimes.com
Union Agriculture and Farmers Welfare Minister addresses at a national level seminar on the theme ‘Prosperity through Cooperatives’.
Union Agriculture and Farmers Welfare Minister Shri Shivraj Singh Chouhan addressed at a national level seminar on the theme ‘Prosperity through Cooperatives’ based on UN declaring 2025 as the ‘International Year of Cooperatives’, in Mumbai today. The objective of this initiative is to showcase the transformative power of cooperatives in India, fostering dialogue among stakeholders, and charting a course for the future growth of the cooperative sector.
Source: pib.gov.in
Govt says pulses, oilseeds production rising as MPs express concern over imports.
The government has told a parliamentary committee that domestic production of pulses and edible oils has risen at a greater pace in the last 10 years than the decade before, amid concerns raised by MPs over India's dependence on imports to meet demand. A presentation to the Standing Committee on Agriculture, Animal Husbandry and Food Processing said imports at 15.66 million metric tonnes (MMT) accounted for 56 per cent of the domestic demand for edible oils in 2023-24.
Source: thehindubusinessline.com
Shri Shivraj Singh Chouhan reviews ICAR-Central Institute of Agricultural Engineering in Bhopal.
Union Minister of Agriculture and Farmers’ Welfare, Shri Shivraj Singh Chouhan visited the ICAR-Central Institute of Agricultural Engineering (CIAE), Bhopal today. The Minister addressed the scientists, students, and staff, commended the institute’s contribution to agricultural development, and highlighted the need for accelerated development of farmer-friendly technologies and bringing developed technologies to farmers, especially for smallholder farmers.
Source: pib.gov.in