India, US accelerate trade talks ahead of July deadline; officials from Washington likely to visit Delhi soon.
A team of US officials is expected to visit India in the coming weeks for the next round of negotiations on the proposed interim trade agreement between the two countries, according to sources cited by PTI. The visit comes at a critical juncture as both sides push to finalise the deal before the July 9 deadline.
Source: financialexpress.com
$8 billion and rising: How processed food exports can unlock growth for India in global food trade.
India’s agricultural exports reached $48 billion in FY24, solidifying its position as a major player in the global food trade. However, processed food exports, currently valued at $8 billion, offer significant headroom for growth, according to Deloitte & FICCI’s latest report ‘Spurring growth: Driving innovation and unlocking opportunities in the Indian food processing sector’.
Source: economictimes.indiatimes.com
Odisha exports mangoes to England, UAE.
Odisha has exported three international consignments of mangoes to two cities in England -- (London and Birmingham) and Dubai in UAE -- all on a single day. A media statement said this event underscores the growing strength of the state’s farmer producer companies (FPCs) and the critical market facilitation role played by Palladium.
Source: thehindubusinessline.com
Amrapali mangoes from Dhenkanal exported to Europe.
Around 10 metric tonnes of Amrapali mangoes from Dhenkanal were exported to European markets, including UK and Italy, last week. With over 100 women mango farmers trained on export standards, the development is poised to transform local livelihood options through global trade, official sources said."Five metric tonnes of Amrapali mangoes were shipped from Dhenkanal to England in the last three days.
Source: timesofindia.indiatimes.com
India, Brazil to sweeten global sugar output in 2025-26.
Increase in sugar production in India and Brazil on account of favourable weather conditions is set to drive higher global output of the sweetener during the 2025-26 marketing year, starting October. According to the US Department of Agriculture (USDA), this increase will help offset the decline in the European Union. Brazil and India are the top two sugar producers in the world followed by the EU.
Source: thehindubusinessline.com
India becomes world's fourth largest economy, overtaking Japan: NITI Aayog CEO.
India has become the fourth largest economy in the world, overtaking Japan, NITI Aayog CEO B V R Subrahmanyam said on Saturday. Briefing reporters after the 10th Governing Council meeting of Niti Aayog, Subrahmanyam said overall geopolitical and economic environment is favourable to India. 'We are the fourth largest economy as I speak. We are a USD 4 trillion economy as I speak,' he said.
Source: economictimes.indiatimes.com
Indian bananas resilient to climate change.
The Indian staple, Desi Banana, can tolerate diseases and adverse weather conditions. Despite concerns being raised on the looming impact of climate change, it will survive the test of time, due to India’s geography and the regions for banana cultivation expanding across the country. A recent report by UK NGO Christian Aid has warned that 60 per cent of the best banana growing areas are in danger from climate change-driven rising temperatures.
Source: thehindubusinessline.com
India gains as US tariffs rise: Local firms see export boom.
Chief executives of leading homegrown companies including Dixon Technologies, Tata Consumer Products, Blue Star, Havells and Arvind, have told analysts that Indian businesses are at a competitive position in the US tariff scenario and most of them are now flooded with queries for higher business from their US partners. The chief executives said the India-US bilateral trade agreement (BTA) currently being discussed will provide an impetus to business.
Source: economictimes.indiatimes.com
India protests US rejection of mango shipments, cites inspection irregularities.
Tensions have flared between Indian and US regulatory bodies after the United States rejected 15 mango shipments from India, citing procedural issues during treatment. Indian officials have pushed back, accusing US inspectors of bypassing standard protocols, causing unnecessary rejection of approximately 25 tonnes of premium mangoes. The mangoes, originating from 10 different Indian exporters, were processed at a US-approved irradiation facility in Mumbai under the direct supervision of US inspectors. However, the rejections came without prior intimation to the Mumbai facility.
Source: fnbnews.com
Preparations for ‘Viksit Krishi Sankalp Abhiyan’ in Final Stage under Union Minister Shri Shivraj Singh Chouhan’s Leadership.
Under the leadership of Union Minister for Agriculture & Farmers' Welfare, and Rural Development, Shri Shivraj Singh Chouhan, preparations for the ‘Viksit Krishi Sankalp Abhiyan’ are now in their final stages. This nationwide campaign will be formally launched on 29th May from the sacred land of Puri, Odisha. The Indian Council of Agricultural Research (ICAR) and the Ministry of Agriculture & Farmers' Welfare, in collaboration with state governments, are fully engaged in the planning and execution of this massive initiative. As part of these preparations, Shri Shivraj Singh Chouhan addressed agricultural scientists from across the country at NASC Complex, New Delhi.
Source: pib.gov.in