1. Home
  2. Market Intelligence
  3. Market News
Archive
Feb 18, 2025 News Image India, EU to hold next round of talks on proposed FTA from March 10.
India and the European Union will hold the next round of talks on the proposed free trade agreement (FTA) from March 10 to 14, a senior government official said on Monday. Additional Secretary in the Department of Commerce L Satya Srinivas said that before the round the entire delegation of the European Commission will be in India from February 28.
 Source:  economictimes.indiatimes.com
Feb 18, 2025 News Image India-Qatar Joint Business Forum on the sidelines of the visit of His Highness Sheikh Tamim Bin Hamad Al-Thani, The Amir of the State of Qatar to Enhance Economic Cooperation.
India and Qatar are set to strengthen their economic and trade ties with the India-Qatar Joint Business Forum, scheduled for February 18, 2025, in New Delhi. Joint Business Forum will be organized by the Confederation of Indian Industry (CII) in collaboration with the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, Government of India, which will convene top business leaders, policymakers, and industry stakeholders to explore investment opportunities, technological collaboration, and economic partnerships.
 Source:  pib.gov.in
Feb 18, 2025 News Image Bangladesh: 13,968 tons of rice imported from India through Benapole in 3 months.
Despite the duty-free import of 13,968 tons of rice from India over the past three months, prices have not decreased in the markets of Benapole and Jashore. On the contrary, rice prices have risen by Tk1-2 per kg over the past week. In response, the government has extended the deadline for rice imports from India. Allocated importers will now be able to bring in rice until March 15, according to a press release issued by the Ministry of Food on February 5.
 Source:  dhakatribune.com
Feb 18, 2025 News Image Japan's private rice imports hit record high amid inflation.
Japan's private rice imports have already reached a record-high 468 tons in the current fiscal year through March, driven by robust demand from restaurants amid soaring prices for the domestic crop, according to government data. The import volume from April to December last year, the highest since the farm ministry began collecting data in fiscal 2019, was equivalent to about 6.5 million bowls of steamed rice and higher than the 350 to 450 tons annually imported by firms in recent years.
 Source:  english.kyodonews.net
Feb 18, 2025 News Image Qatar Emir's visit to India may boost gulf nation's investments.
Qatar Emir Sheikh Tamim Bin Hamad Al-Thani's India visit (Monday-Tuesday) after a decade may lead to bigger investments from the Qatari sovereign fund that is keen on further exploring the large and growing Indian market. The visit could lead to additional LNG purchase by India from Qatar and a trade deal with Qatar may also be on table, it is learnt. Qatar is India's largest supplier of Liquefied Natural Gas (LNG), providing over 48% of India's global LNG imports. Qatar's Energy Minister, Saad Sherida Al-Kaabi, had visited India earlier this month for India Energy Week. During his visit, Al-Kaabi emphasised Qatar's commitment to supporting India's energy requirements.
 Source:  economictimes.indiatimes.com
Feb 18, 2025 News Image Morocco Lifts Import Tariffs, Taxes on Rice to Steady Market Prices.
Morocco is going to scrap tariffs and VAT on rice imports to increase market supply and ease out prices, according to the Ministry of Industry and Trade. In a statement to stakeholders in the rice industry, the Ministry announced that 'from 1 January 2025, customs duties and VAT will be suspended on rice imports classified under tariff code 1006.20.90.00 until 31 December 2025.'
 Source:  moroccoworldnews.com
Feb 18, 2025 News Image The cumulative exports (merchandise & services) during April-January 2024-25 is estimated at USD 682.59 Billion, as compared to USD 636.69 Billion in April-January2023-24, an estimated growth of 7.21%.
India’s total exports (Merchandise and Services combined) for January2025* is estimated at USD 74.97 Billion, registering a positivegrowth of 9.72 percent vis-à-vis January 2024. Total imports (Merchandise and Services combined) for January2025* is estimated at USD 77.64 Billion, registering a positive growth of 12.98 percent vis-à-vis January2024.
 Source:  pib.gov.in
Feb 14, 2025 News Image India, Russia increasing agricultural and food trade.
The India correspondent of the news outlet Russia Today (RT) referred to the conversations between the Russian Deputy Prime Minister, Dmitry Patrushev, and the Indian ambassador to Russia, Vinay Kumar, during which the representative of Moscow expressed his interest in continuing to develop mutual trade.
 Source:  plenglish.com
Feb 14, 2025 News Image Trump warns BRICS nations could face 100% tariffs.
U.S. President Donald Trump said on Thursday that BRICS nations could face 100% tariffs from the United States 'if they want to play games with the dollar.' 'If any trading gets through, it'll be 100% tariff, at least,' he said in response to a question about the BRICS nations - Brazil, Russia, India and China - setting up their own currency.
 Source:  m.economictimes.com
Feb 14, 2025 News Image Support for Farmers to Reduce Post-Harvest Losses and Enhance Cold Chain Infrastructure.
Ministry of Food Processing Industries (MOFPI) is implementing a central sector umbrella scheme Pradhan Mantri Kisan Sampada Yojana (PMKSY). Under component schemes of PMKSY, Ministry provides financial assistance up to ₹15 crore, @ 35% of eligible project cost for projects in general areas & @50% of eligible project cost for projects in Difficult Areas as well as for projects of SC/ST, FPOs & SHG, for setting up food processing industries.
 Source:  pib.gov.in