UK flags new Indian market for Scottish salmon trade after FTA.
The UK government has flagged the unlocking of the Indian market for Scottish salmon following the Free Trade Agreement (FTA) with India, finalised earlier this month and expected to be formally signed off in the coming weeks. Downing Street has this week been highlighting benefits of the India-UK FTA and other trade pacts struck in its wake with the US and European Union (EU) in an effort to showcase the sectors and regions across the United Kingdom set to benefit.
Source: economictimes.indiatimes.com
India to Remain Fastest-Growing Economy for Next 30 Years: Union Minister of Commerce & Industry Shri Piyush Goyal.
India to remain fastest-growing large economy in the world for next 30 years, said Union Minister for Commerce & Industry Shri Piyush Goyal at CII Annual Business Summit 2025 today in New Delhi. On India’s economic trajectory, Shri Goyal stated that the country has maintained sustained growth of 6–7% and hopes to push it to 8% at constant prices.
Source: pib.gov.in
Kashmir’s Walnut Industry Gets a Boost After India Ends Trade Ties with Pakistan.
India’s decision to sever trade ties with Pakistan has brought unexpected relief to Jammu and Kashmir’s struggling walnut industry. On May 2, the Central government imposed a blanket ban on imports from Pakistan, shutting down the Attari-Wagah trade route.
Source: knnindia.co.in
Union Agriculture Minister Launches ‘Viksit Krishi Sankalp Abhiyan’ at ICAR-CIFA, Bhubaneswar.
In a landmark initiative aimed at transforming Indian agriculture, the Union Minister of Agriculture and Farmers’ Welfare, Shri Shivraj Singh Chouhan, launched the Viksit Krishi Sankalp Abhiyan (VKSA-2025) at the ICAR-Central Institute of Freshwater Aquaculture (ICAR-CIFA), Kausalyaganga, Bhubaneswar, Odisha.
Source: pib.gov.in
NSSPL Expands Global Footprint with Exporting 5 TPH Frozen French Fries Processing Line.
From India to World. Natural Storage Solutions Pvt. Ltd. (NSSPL), a leader in turnkey food processing solution, has added another feather to its cap with the successful export of a 5 tonnes per hour (TPH) fully automatic French Fries Processing Line. This achievement marks a significant step forward in showcasing Indian manufacturing and engineering capabilities globally.
Source: potatopro.com
Next round of India-US trade negotiations to take place on June 5-6 in New Delhi.
In a significant development, a US team will visit India on June 5-6 to discuss a Bilateral Trade Agreement (BTA) with India, said government sources. According to the sources, the bilateral trade talks between the two countries are progressing well.
Source: economictimes.indiatimes.com
India wheat, rice production to rise to record high, government says.
India is likely to produce a record 117.5 million metric tons of wheat in the year ending June 2025, the farm ministry said, above its March forecast of 115.4 million tons, as higher prices prompted farmers to expand the area planted with high-yielding seed varieties.
Source: reuters.com
India pegs wheat, maize and rice production at record high.
The Indian government on Wednesday said the country achieved a record foodgrains production of 353.96 million tonnes (mt) in the current crop year to June 30. The record production included an all-time high output of 149.07 mt in rice, 117.51 mt in wheat and 42.28 mt in maize. The current year’s foodgrain output is 6.5 per cent higher from 332.3 mt achieved in 2023-24.
Source: thehindubusinessline.com
'Leading In Agriculture Development': PM Modi At Sikkim's 50th Celebration.
Prime Minister Narendra Modi on Thursday called Sikkim a pride of the country and said the Centre seeks to make the northeastern state a global tourism destination. 'In the coming years, India is poised to emerge as a global sports superpower. The Yuva Shakti of the Northeast and Sikkim will play a pivotal role in realising this dream,' he said, as he addressed Sikkim's Golden Jubilee of Statehood celebration in Gangtok via videoconference.
Source: ndtv.com
Trade pact talks with US on track, India a compulsive investment destination: Piyush Goyal.
Negotiations with the US for a bilateral trade agreement are well on track and those with the EU are also progressing at a fast pace, Commerce and industry Minister Piyush Goyal said Thursday at the CII AGM. He also said that India is a 'compulsive investment destination' with a strong flow of foreign direct investments.
Source: economictimes.indiatimes.com