Japan-India-Africa Business Forum Held.
On Wednesday, February 26, the Japan-India-Africa Business Forum was held in Tokyo, co-hosted by the Ministry of Economy, Trade and Industry and Nikkei. More than 2,000 participants joined the forum, with both virtual and in-person participation from over 46 countries and regions. During the forum, speakers discussed how to fully utilize the potential of the enormous growth markets in India and Africa, and exchanged views on the challenges, the roles of the public and private sectors, and the outlook for building India as a business hub in this region.
Source: meti.go.jp
At top secretaries’ meeting ahead of EU delegation visit, focus on cohesive, collaborative approach.
Signalling a high political priority in pursuing economic integration with the European Union (EU) amid shared concerns about the overcapacity in China and uncertainties in the global trade order due to tariff threats by US President Donald Trump, a meeting convened by the Prime Minister’s Office (PMO) with top secretaries ahead of a high-level EU delegation visit starting Thursday focused on the need for a cohesive, and collaborative, approach.
Source: indianexpress.com
Mizoram boosts floriculture exports with first international shipment.
In a boost to India’s floriculture export potential, especially from the Northeastern region, the Agricultural and Processed Food Products Export Development Authority (APEDA), in collaboration with the Department of Horticulture, Government of Mizoram, facilitated the flag-off of the first consignment of Anthurium flowers from Aizawl, Mizoram to Singapore on 26th February 2025.
Source: eastmojo.com
India reviews tariff data ahead of US trade talks, addressing discrepancies in bilateral trade figures.
India is examining the latest average import tariffs with the US before it commences negotiations with Washington on a proposed treaty, officials said. A bilateral trade agreement is in the works. India's departments of commerce and revenue are working to resolve discrepancies in bilateral trade data collected by the two sides, amid US President Donald Trump's accusation that India is a tariff abuser. The analysis assumes significance as data of the two countries differ.
Source: economictimes.indiatimes.com
India's economic growth outlook remains stable despite global uncertainties: Report.
India's economic growth outlook remains stable despite global uncertainties according to a report by Boston Consulting Group (BCG). The retention of most forecasts indicates confidence in domestic economic resilience, supported by factors such as strong consumption, government infrastructure spending, and a robust services sector.
Source: economictimes.indiatimes.com
India’s second green revolution to come from horticulture crops, says Ramesh Chand.
The next green revolution in India can come only through horticulture, which is growing at a faster pace than agriculture, said Prof Ramesh Chand, Niti Aayog member on Thursday. Addressing the inaugural session of the National Horticulture Fair 2025 at the ICAR-Indian Institute of Horticulture Research in Bengaluru, Chand said the annual growth in country’s horticulture sector is more than 7 per cent whereas the agriculture growth is less than 4 per cent.
Source: thehindubusinessline.com
Piyush Goyal asks industry players to be bold, focus on turning competitive.
Union Commerce and Industries Minister Piyush Goyal on Thursday asked the industry players to be bold and focus their energies on turning competitive, rather than depending on the government for support. Speaking at an event organised by the IMC Chamber of Commerce in Mumbai, Goyal asked till when will the industry depend on the 'crutches' of subsidies, high import duties and other similar protectionist measures.
Source: economictimes.indiatimes.com
India needs to ramp up bilateral relations for trade, investment: Nirmala Sitharaman.
Finance Minister Nirmala Sitharaman on Thursday said India needs to ramp up its bilateral relations for trade and investment, as the world is witnessing a churn, and bilateralism seems to be the new catalyst tool. Speaking at BS Manthan, the Finance Minister said these are very interesting yet challenging times and the government is making all efforts to make India move up the ladder and be an engine of global growth.
Source: economictimes.indiatimes.com
Australia eyes investments in Assam’s water, education, and agriculture sectors.
Australia, a Country Partner at Advantage Assam 2.0 summit, has shown interest for investments in sectors like water, education, agriculture, and disaster preparedness in Assam, lying in the northeastern part of India. Identifying Chief Minister of Assam Himanta Biswa Sarma as a friend of Australia, Philip Green OAM, the High Commissioner of Australia to India wrote a post on X on February 25, saying, 'I am here at Advantage Assam 2.0 to explore all that we can do together in sectors like water, education, disaster preparedness and agriculture.'
Source: indianewsnetwork.com
Bangladesh launches new tender for rice purchase of 50,000 tonnes, traders claim.
The state grain buyer of Bangladesh has announced a new international bid to buy 50,000 metric tonnes of rice. The deadline to submit price offers is March 11, 2019. After a heavily damaged domestic crop last year, Bangladesh continues to purchase large quantities of rice on international markets.
Source: marinelink.com