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Oct 17, 2025 India aims to double agri exports, open new global markets for rice in five years: Minister Pralhad Joshi. Over the next five years, India aims to double its agricultural and agri-based exports and open new global markets for Indian rice, Pralhad Joshi, Minister of Consumer Affairs, Food and Public Distribution, said in a video message, 'Over the next 5 years, we aim to reform and modernize the public distribution system, double Agri and Agri based exports and open new global markets for Indian rice,' he noted. Source: tribuneindia.com
Oct 17, 2025 India a bright spot in a fragmented global economy, but must deepen trade ties: IMF MD Kristalina Georgieva. India remains one of the strongest pillars of global growth even as the world economy turns more unpredictable amid rising tariffs, uneven expansion, and the rapid advance of artificial intelligence (AI), International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday. Answering ET Online's query at an IMF press conference, Georgieva said, 'India is one of the fastest growing economies. Given its size, it contributes to global growth substantially. India is where it is because it has pursued very significant reforms—tax reform, investing in infrastructure, digital infrastructure, but also roads, connectivity in the country. That has injected this growth potential.' Source: economictimes.indiatimes.com
Oct 17, 2025 Russia plans large-scale banana imports from India. Russia could import up to 500,000 metric tons of bananas from India, according to the country's phytosanitary watchdog, Rosselkhoznadzor. The agency, responsible for approving imports of agricultural products, stated that India may expand its banana exports to the Russian market. In a press release, Rosselkhoznadzor said that Russia is ready to receive approximately 300,000–500,000 tons of Indian bananas per year. The statement followed a meeting between Rosselkhoznadzor head Sergei Dankvert and representatives of India's Ministry of Fisheries, Animal Husbandry and Dairying, and the Ministry of Commerce and Industry. Source: freshplaza.com
Oct 17, 2025 On World Food Day, Union Minister of Commerce and Industry, Shri Piyush Goyal Highlights India–Brazil Partnership in Agriculture and Global Food Security. Union Minister of Commerce and Industry, Shri Piyush Goyal, addressed the India–Brazil Business Dialogue today, highlighting India’s strong economic growth and deepening bilateral partnership with Brazil. Shri Goyal expressed gratitude to the Vice President of Brazil, H.E. Mr. Geraldo Alckmin, and the Minister of Defense, H.E. Mr. José Múcio Monteiro Filho, for their participation. He described the visit as a reflection of the strong commitment of both nations to deepen their strategic and economic ties. Source: pib.gov.in
Oct 17, 2025 Union Minister Shri Shivraj Singh Chouhan holds high-level meeting regarding the resolution of farmers’ complaints. Union Minister for Agriculture & Farmers’ Welfare, and Rural Development, Shri Shivraj Singh Chouhan, conducted consecutive meetings at Krishi Bhavan, New Delhi, reviewing the functioning of both ministries. During the meetings, the Union Minister also held a high-level discussion on the complaint portal. Senior officials, including Agriculture Secretary Shri Devesh Chaturvedi, were present at the meeting. Source: pib.gov.in
Oct 17, 2025 India bans import of roasted areca nuts below Rs.351/kg, exemptions for EOUs and SEZs. The government on Wednesday announced a ban on imports of roasted Areca nuts priced below Rs 351 per Kg. 'The import of roasted Areca nut, having CIF value less than Rs 351 per Kg is prohibited,' the Directorate General of Foreign Trade (DGFT) said in a notification. Source: thehindubusinessline.com
Oct 17, 2025 Project Unnati Apple helps Uttarakhand farmers adopt climate-resilient cultivation. Project Unnati Apple initiative supported by Anandana – The Coca-Cola India Foundation has helped many farmers in Uttarakhand adopt climate-resilient, high-yield apple cultivation, according to a media statement. Highlighting the success story of Basanti Bisht from Sunderkhal village in Uttarakhand, the statement said she was cultivating cabbage and wheat on her small plot of land a few years ago, often losing crops to wild animals and earning little in return. Source: thehindubusinessline.com
Oct 17, 2025 Oilmeal exports flat in H1 2025-26, despite 40% increase in September. Overall oilmeals exports from India remained flat during the first six months of 2025-26, despite a 40 per cent increase in September 2025 compared with the same period a year ago. According to the Solvent Extractors’ Association of India (SEA), overall exports remained flat at 20.93 lt during April-September 2025-26 against 20.82 lt in the corresponding period of the previous fiscal, a marginal increase of 0.50 per cent. Source: thehindubusinessline.com
Oct 17, 2025 India seeks tariff solution in US trade talks: Commerce Secretary. India is looking for a 'win-win solution' in its trade talks with the US that would also address the 'tariff issue', with New Delhi keen to make additional energy purchases of $12-13 billion from Washington, Commerce Secretary Rajesh Agrawal said Wednesday. India is open to expand oil purchases from the US, provided it comes at the 'right price', he said. Source: economictimes.indiatimes.com
Oct 17, 2025 India expands FTA outreach; active trade talks underway with US, EU and Oman, says Piyush Goyal. India has intensified efforts to deepen its trade ties with major economies, with several free trade agreements (FTAs) already implemented and negotiations progressing with key partners, including the United States, the European Union, and Oman, reported PTI, citing commerce minister Piyush Goyal as saying, on Thursday. The minister highlighted that India has successfully concluded trade pacts with developed nations such as Australia, the United Arab Emirates, and the European Free Trade Association (EFTA) bloc, and has also signed an agreement with the United Kingdom. Source: economictimes.indiatimes.com
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