08 Apr, 2024
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India removes export restrictions on rice, onions, sugar, 6 others to Maldives.
India on Friday removed the restrictions on export of specified quantity of nine products including potatoes, onions, eggs, rice, wheat flour and sugar to Maldives for the current fiscal year.
'The export of above items ot Republic of Maldives will be exempted from any existing or future restriction/prohibition on export,' the Directorate General of Foreign Trade (DGFT) said in a notification, adding that these exports have been permitted to Maldives under bilateral trade agreement between the countries during 2024-25.

Source: economictimes.indiatimes.com
08 Apr, 2024
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India's exports register healthy growth to European, Latin American nations in 2023.
Indian exporters made further inroads in European and Latin American nations in 2023, registering healthy growth in countries such as Romania, Montenegro, Austria, and Guatemala, an official said on Friday.
India's merchandise export rose 2.1% to the European Union (EU) in 2023 despite headwinds being faced by large developed markets like the EU and the U.K. due to high cost of living, weak external demand, and monetary tightening, the commerce ministry official said.
 

Source: thehindu.com
08 Apr, 2024
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Economic relations secretary in MEA to visit Rwanda, Uganda, Kenya.

Dammu Ravi, secretary, economic relations in the MEA, will visit Rwanda, Uganda and Kenya from April 7-12, as a 'reaffirmation of India's commitment' to further strengthen its ties of friendship with the three African countries. The Ministry of External Affairs, in a statement on Saturday, said the visit seeks to 'maintain the momentum of high-level contacts' between India and countries in Africa, post the entry of the African Union (AU) as a permanent member of the G20 during the Indian Presidency of the grouping.


Source: economictimes.indiatimes.com
08 Apr, 2024
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Food Authority Launches Initiatives To Control Food Adulteration In India.

Food adulteration has been a major concern across India. Now and then, we come across news of people getting affected by eating foods, that are contaminated in some way or the other. To tackle the situation, the Food Safety and Standards Authority of India (FSSAI) has recently launched initiatives to detect and control the issues of food adulteration. According to a report in ANI, the food regulation authority is emphasizing its commitment to ensure the integrity of the food supply chain, further safeguarding public health.


Source: ndtv.com
08 Apr, 2024
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Cumbum Valley: A Thriving Hub for Muscat Hamburg Grape Cultivation in India.

India’s Cumbum Valley has emerged as a thriving region for the cultivation of Muscat Hamburg, locally known as panneer thiratchai, contributing to an impressive 85% of the country’s grape production.


Source: en.krishakjagat.org
08 Apr, 2024
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India extends onion supplies to Sri Lanka and UAE after Maldives.

Demonstrating the credibility of the Narendra Modi government’s 'neighbourhood first' policy, India is set to supply thousands of metric tons of onions to Sri Lanka, following significant quantities of essential commodities provided to Maldives under the pro-China Mohammed Muizzu regime.


Source: ptcnews.tv
08 Apr, 2024
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Maldives thanks India for export quotas, lifted restrictions.

Maldivian Foreign Minister Moosa Zameer praised India's decision to renew the quota for essential commodities, emphasizing the deepening bilateral ties and efforts to expand trade. The renewal covers various commodities for 2024-25, marking the highest approved quantities since the 1981 agreement.


Source: economictimes.indiatimes.com
08 Apr, 2024
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Government extends duty-free import of yellow peas by two months to June 30.
The government has extended the duty-free import of yellow peas used as a substitute for chana (gram) by two months to June 30.
The move comes as the RBI sounded a note of caution about food prices based on the forecast of high temperature between April and June.

Source: telegraphindia.com
08 Apr, 2024
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India-EFTA agreement aligns tariff concessions with investment promotion.

After hectic last-minute negotiations, India and the four-nation region of EFTA (European Free Trade Association) have come together in the newly inked Trade and Economic Partnership Agreement (TEPA). The negotiations took 16 years, resulting in a great deal of interest in what it finally contained.


Source: business-standard.com
08 Apr, 2024
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India's food processing sector poised to reach $535 billion by 2025-26.
Anita Praveen, secretary of the Ministry of Food Processing, emphasised the pivotal role of research and development (R&D) in propelling the Indian food processing sector to greater heights.
Speaking at the FICCI Scientific Symposium on 'Processed Foods for Purpose', Praveen highlighted the sector's significant potential for growth and its status as a priority area within India's agricultural landscape.

Source: economictimes.indiatimes.com