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Mar 18, 2025 News Image India reports record rice, wheat, and maize harvests in 2024-25 season.
The total production of kharif cereals was 166.39 million tonnes and that of rabi cereals was 164.53 million tonnes. The production of kharif rice is estimated at 120.68 million tonnes, 7.42 million tonnes more than that of 2023-24 (113.26 million tonnes). Rabi foodgrains production was 15.76 million tonnes.
 Source:  tvbrics.com
Mar 18, 2025 News Image Trade talks happening at very top: Tulsi Gabbard.
US intelligence chief Tulsi Gabbard has expressed optimism about strengthening economic and trade ties between India and the US, and stating that 'direct dialogue is happening at the very top' to bolster relations, and that President Donald Trump and PM Narendra Modi are seeking 'good solutions'.
 Source:  timesofindia.indiatimes.com
Mar 18, 2025 News Image India and EU must work as partners, not as competitors, says Prasada.
India and the European Union (EU) must work together, streamline non-tariff barriers and harmonise standards to remove trade bottlenecks, instead of competing, as the world grapples with economic uncertainty, supply chain disruptions and geopolitical shifts, said Jitin Prasada, minister of state for commerce and industry, and electronics and information technology. He called for Europe to diversify its supply chain and said India has a large talent pool in sectors where Europe needs skilled professionals such as IT, engineering, healthcare and fintech.
 Source:  economictimes.indiatimes.com
Mar 18, 2025 News Image India, New Zealand explore digital payments, trade, and investment ties.
India and New Zealand have agreed for talks to boost cooperation in digital payments and greater two-way trade and investment during the ongoing visit of New Zealand Prime Minister Christopher Luxon. A day after both nations revived talks on a proposed free-trade agreement (FTA) after a hiatus of 10 years, Luxon and Prime Minister Narendra Modi held delegation-level bilateral talks on Monday. Both committed to designate senior representatives to steer these negotiations to resolution as soon as reasonably possible.
 Source:  business-standard.com
Mar 17, 2025 News Image APEDA showcases India’s Organic Excellence at Natural Products Expo West 2025.
The Agricultural and Processed Food Products Export Development Authority (APEDA) showcased India’s rich agricultural heritage and growing organic sector at the Natural Products Expo West 2025, held from March 4 to 7, 2025, at the Anaheim Convention Centre, California, USA. To enhance India’s global presence in the organic market, APEDA facilitated the participation of 13 leading Indian exporters, representing a diverse range of organic products, including rice, oilseeds, herbs, spices, pulses, nuts, ginger, turmeric, large cardamom, cinnamon, mango puree, and essential oils. The curated display underscored India’s agricultural strength and commitment to sustainability, quality, and international standards.
 Source:  indiashippingnews.com
Mar 17, 2025 News Image 'Approach will be guided by India First,': Piyush Goyal on his meeting with US Trade representative.
Commerce Minister Piyush Goyal on Friday said that he had a 'forward looking' discussion with US Trade Representative Jamieson Greer on a mutually beneficial bilateral trade agreement. 'Our approach will be guided by 'India First', 'Viksit Bharat' and our Comprehensive Strategic Partnership,' the Commerce Minister wrote on his X timeline, sharing a photograph of the meeting.
 Source:  economictimes.indiatimes.com
Mar 17, 2025 News Image Piyush Goyal allays exporters’ fears on US reciprocal tariffs, confident of $900 bln exports in FY26.
Commerce and industry minister Piyush Goyal on Thursday assured exporters that the government is working overtime to protect India’s interests in the proposed Bilateral Trade Agreement (BTA) being negotiated with the United States but said that the country cannot be protectionist at a time when the world is moving towards reciprocity. The US has announced imposing reciprocal tariffs on many countries including India from April 2.
 Source:  economictimes.indiatimes.com
Mar 17, 2025 News Image Govt to assist exporters overcome global challenges: Shri Piyush Goyal.
The Union Minister of Commerce & Industry Shri Piyush Goyal during his address to the EPCs and Industry Associations has complimented the positivity amongst the exporter community and their optimism to convert this crisis that the world is facing today into an opportunity. Reflecting on the changing global scenario, the Minister has assured, all the EPCs that Government is working on overtime basis and will leave no stone unturned to ensure a good future for Indian exporters, both merchandise and service and to protect the interest of the country.
 Source:  pib.gov.in
Mar 17, 2025 News Image Ukraine foreign min to visit Mumbai on Wednesday to deepen trade ties.
Ukraine’s Foreign Minister Andrii Sybiha will be visiting the city on Wednesday to deepen trade ties between the war-impacted country and India, organisers said on Sunday. Sybiha will be attending a trade event in the World Trade Centre (WTC) here along with his delegation which includes senior diplomats from his ministry and also Ukraine’s Ambassador to India Oleksandr Polishchuk, as per chairman of WTC Vijay Kalantri.
 Source:  millenniumpost.in
Mar 17, 2025 News Image India, China outperform global trade in 2024, trade resilience stressed in 2025: UNCTAD.
China and India outperformed global trade averages in 2024, UN Trade and Development (UNCTAD) said in its Global Trade Update Friday. It said that trends like the widening deficits of the US and EU with China along with India’s rising deficit with Russia amid shifting energy trade could prompt new tariffs, restrictions, or investment shifts, adding to economic uncertainty.
 Source:  economictimes.indiatimes.com