1. Home
  2. Market Intelligence
  3. Market News
Archive
Mar 04, 2025 News Image Ukraine, trade talks on table as Jaishankar visits UK today.
Days after UK Prime Minister Keir Starmer hosted an emergency meeting of European leaders in support of Ukraine and its President Volodymyr Zelenskyy — after the latter’s public showdown with US President Donald Trump and Vice-President J D Vance at the White House — External Affairs Minister S Jaishankar is headed to London to meet the British government’s leadership, including Foreign Secretary David Lammy.
 Source:  indianexpress.com
Mar 04, 2025 News Image Shift towards developed markets: India's FTA needle turns to the West.
It is exactly 25 years of India’s free trade agreement (FTA) journey, started in the year 2000 when India-Sri Lanka FTA came into effect on 1st March, 2000. Post that, India turned its focus towards East under much published “Look East Policy” and went on to sign FTAs with Singapore, ASEAN, Korea, Japan, and Malaysia. The idea was to diversify India’s export market beyond the West to new emerging economies in the East. Practically during this period, India’s entire focus remained on the Asia-Pacific Region. The much-publicised RCEP, from which India eventually pulled out, too comprised countries from Asia-Pacific region.
 Source:  business-standard.com
Mar 04, 2025 News Image UAE-India trade reaches US$65 billion in 2024 with 20.5% growth.
The United Arab Emirates' non-oil trade with India surged by 20.5 per cent in 2024, reaching over US$65 billion compared to US$54 billion in 2023. This is reported by Emirates News Agency (WAM), a partner of TV BRICS. The sharp rise in non-oil trade, joint ventures, and mutual investments aligns with the continued implementation of the Comprehensive Economic Partnership Agreement (CEPA), which enters its third year on 1 May. The agreement has played a crucial role in fostering sustainable growth across various sectors, the experts said.
 Source:  tvbrics.com
Mar 04, 2025 News Image ICAR-CIPHET Licenses Groundnut and Makhana Processing Technologies to Karnataka and Bihar Firms.
ICAR-Central Institute of Post-Harvest Engineering and Technology (ICAR-CIPHET), Ludhiana, is spearheading innovation in food processing by transferring advanced technologies to forward-thinking entrepreneurs. Recently, the institute licensed its technology for groundnut-based products to a firm in Karnataka and provided state-of-the-art makhana processing machinery to a company in Bihar.
 Source:  krishijagran.com
Mar 04, 2025 News Image Sugar export quota of 1 million tonne will be met in two months: ISMA.
India will easily exhaust its 1 million tonne sugar export quota allowed by the government for the current marketing year, Deepak Ballani, Director General of Indian Sugar and Bio-Energy Manufacturers Association (ISMA) told ANI. Sugar marketing season in India runs from October to September.
 Source:  theprint.in
Mar 04, 2025 News Image Andhra Pradesh's Araku Coffee earns organic certification, secures buyers from Europe, Tata group.
Andhra Pradesh's Girijan Cooperative Corporation Ltd (GCC) has achieved a significant milestone with its organic certification for Araku coffee, enabling it to enter several European markets and secure a major domestic buyer in Tata Consumer Products, who will handle the marketing and sale of the coffee. GCC Vice Chairman and Managing Director, Kalpana Kumari, said the response to this initiative has been overwhelmingly positive. Building on this success, the corporation plans to extend its organic certification efforts to include pepper, in partnership with Tata Consumer Products.
 Source:  economictimes.indiatimes.com
Mar 04, 2025 News Image Commerce Minister Piyush Goyal heads to US for trade talks as Trump tariffs loom, officials say.
India's trade minister Piyush Goyal started on a trip to the United States on Monday to pursue trade talks, two government officials said, with weeks to go for President Donald Trump's planned reciprocal tariffs. Goyal's visit was sudden, as he departed after cancelling previously scheduled meetings until March 8, the officials said. He is also the minister for industry.
 Source:  economictimes.indiatimes.com
Mar 04, 2025 News Image First survey pegs Indian wheat crop at 110 million tonnes.
Wheat production during the 2024-25 crop year (July-June) is expected to be 8.2 per cent higher, mainly on higher acreage and farmers opting to sow climate-resilient varieties, according to a survey presented at the Roller Flour Millers Federation of India (RFMFI) conclave in Goa on Monday.
 Source:  thehindubusinessline.com
Mar 04, 2025 News Image Bargaining with Brussels: India-EU free trade talks in focus.
India and the European Union (EU) have resolved to conclude a free trade agreement (FTA) by the end of this year. As negotiations progress, key elements of New Delhi’s trade relationship with Brussels are under discussion. The EU is India’s second-largest trading partner.
 Source:  economictimes.indiatimes.com
Mar 04, 2025 News Image India’s rice procurement up 5% in Oct-Feb 2024-25.
Rice procurement across the country has reached 45.84 million tonnes (mt) as of February 28, after the 2024-25 marketing season began on October 1. This is 5 per cent higher from 43.84 mt a year ago. However, considering that the kharif season’s rice production has been estimated at record 119.93 mt this year, the current procurement has already crossed 38 per cent of output and more purchases may not be desirable for the government, experts said.
 Source:  thehindubusinessline.com