1. Home
  2. Market Intelligence
  3. Market News
Archive
May 22, 2025 News Image Trading with India will be 'quicker, cheaper, easier' post-FTA, says UK.
It will be 'quicker, cheaper and easier' for British companies to trade with India as a result of the bilateral Free Trade Agreement (FTA) struck earlier this month, the UK government said on Wednesday. Business and Trade Secretary Jonathan Reynolds described the FTA as the 'best deal India has ever agreed to' as he convened a revamped advisory board for its first meeting, tasked with boosting exports to grow the UK economy.
 Source:  economictimes.indiatimes.com
May 22, 2025 News Image India seeks full exemption from US' 26% reciprocal tariffs in interim trade pact.
India and the US are likely to announce an interim trade agreement before July 8, the day Washington's 26% reciprocal tariffs are due to come into force, an official said Wednesday. New Delhi is seeking full exemption from the additional 26% reciprocal tariffs on domestic goods, the official said, adding India will protect its sensitive sectors through quotas or minimum import price.
 Source:  economictimes.indiatimes.com
May 21, 2025 News Image Mango exports to US back to normal after a long.
Exports of mangoes from India to the US are back to normal after the error in one of the irradiation facilities was rectified, a senior official said Tuesday. In one of the approved irradiation facilities based in Mumbai there was an error in recording of data related to the irradiation treatment carried out on May 8-9, leading to the eventual rejection of 12 mango consignments in the USA.
 Source:  financialexpress.com
May 21, 2025 News Image Odisha to apply for GI tag for traditional sweet Palua Ladu.
The district administration of Odisha's Bhadrak has initiated measures to secure a Geographical Indication (GI) tag for Palua Ladu, a traditional sweetmeat made using simple ingredients like palua (arrowroot powder), semolina, and sugar. The GI tag will protect the authenticity of Palua Ladu, prevent imitation, and showcase Odisha's rich heritage on a global platform, the district collector said.
 Source:  inshorts.com
May 21, 2025 News Image India notifies port restriction move on Bangladeshi exports.
The port restriction on import of certain goods from Bangladesh to India has been notified in the Gazette of India. The official gazette notification was issued on Monday and published today. India has imposed restrictions on the entry of Bangladeshi ready-made garments (RMG) and other products through its northeastern land ports -- Assam, Meghalaya, Tripura, Mizoram -- and Fulbari and Changrabandha in West Bengal, weeks after controversial remarks made by Bangladesh's interim chief advisor Muhammad Yunus about the India's northeastern region, during his visit to China.
 Source:  economictimes.indiatimes.com
May 21, 2025 News Image India eyes rapeseed meal export revival to China as price gap widens.
India is aiming to regain its market share in China's rapeseed meal imports, taking advantage of the commodity's lower price as compared to the international rate amid global supply constraints, industry body SEA said on Monday. Indian rapeseed meal is trading at $202 per tonne (Ex-Kandla FAS) as compared to international price of $308 per tonne (Ex-Hamburg). This creates a compelling opportunity for Indian exporters.
 Source:  deccanherald.com
May 21, 2025 News Image Indian coffee exports double in value even as production remains flat.
India’s coffee exports have more than doubled from around $800 million in 2014-15 to $1.81 billion in 2024-25, commerce ministry data showed, signalling India’s steady climb in the international coffee market, helped by quality, trade outreach and branding. Interestingly, coffee production in India grew only marginally during the decade—from 344,500 tonnes in fiscal year 2015 (FY15) to a projected 352,000 tonnes in FY25—pointing to massive potential.
 Source:  livemint.com
May 21, 2025 News Image Government reviews US rejection of Indian mango shipments.
The government is reviewing and examining the mango shipments that the United States rejected earlier this month, sources said, adding that an error was noted in one of the approved irradiation facility in Mumbai. The Mumbai facility also witnesses the maximum volume of mangoes destined for the US. Attributing the rejection of 12 mango consignments in the US to an error in recording of data related to irradiation treatment on May 8 and 9, sources said that the error and its cause are being examined at a senior level by the facility management.
 Source:  cnbctv18.com
May 21, 2025 News Image Gulf pact next after EU trade deal, says Reeves.
The UK wants to strike a trade deal with countries in the Gulf, including Saudi Arabia, UAE and Qatar, as its next move, Chancellor Rachel Reeves has told the BBC. She claimed the UK was now in a better place on trade 'than any other country in the world', following major trade deals with India, the US and the EU that were signed this month.
 Source:  bbc.com
May 21, 2025 News Image Odisha conducts training programme for mango growers in Patnagarh.
To create livelihood opportunities for mango growers, a training programme was held at the Office of the Assistant Director of Horticulture at Patnagarh in Balangir of Odisha recently. The event was organised under the Promotion and Stabilization of Farmer Producer Organizations (PSFPO) project -- an initiative of the Department of Agriculture and Farmers’ Empowerment (DA&FE) of the Odisha government, and supported by the Gates Foundation.
 Source:  thehindubusinessline.com