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Feb 07, 2025
Government pegs higher production of onion, tomato and potato for 2024-25 in first estimate.
India's onion production is expected to rise by 19 per cent to 288.77 lakh tonne in the ongoing crop year ending June 2025, according to the agriculture ministry's latest estimate. Production of onion stood at 242.67 lakh tonne in the previous year. The crop year runs from July to June.
Source:
economictimes.indiatimes.com
Feb 07, 2025
UAE and India in talks to expand annual trade beyond $100bn.
The UAE and India plan to extend their 10-year trade deal to eight new sectors to expand their annual bilateral trade beyond $100 billion, a senior Indian business council official has said. These sectors include artificial intelligence, financial services, digital technologies and logistics.
Source:
agbi.com
Feb 07, 2025
UK trade commissioner bates for greater cooperation with India.
While India played against England at the VCA grounds, around 10km away, the UK's trade commissioner for South Asia, Harjinder Kang, advocated enhanced cooperation between the two countries as he addressed businessmen at the Indian Institute of Management (IIM) Nagpur on Thursday afternoon. He was hosted by Nagpur First, a voluntary organisation that works on promoting investments in the region.
Source:
timesofindia.indiatimes.com
Feb 07, 2025
Exporters encouraged to trade new rice varieties.
Aimed at promoting export opportunities for non-basmati rice varieties, Anbil Dharmalingam Agricultural College and Research Institute (ADAC&RI) here on Wednesday conducted a workshop for farmers, entrepreneurs, and exporters. Participants visited the sample paddy fields where the advantages of cultivating TRY3 and TRY5 rice varieties were explained.
Source:
timesofindia.indiatimes.com
Feb 07, 2025
Anantapur to become Fruit Bowl of India.
The Andhra Pradesh government will provide policy sup-port to make Anantapur district the country’s horticulture hub with 25 per cent of the State’s GVA by 2027, said Finance Minister Payyavula Keshav at Anantapur on Wednesday. Inaugurating the first Anantapur Horticulture Conclave, Keshav said that the district had exported more than one lakh tonnes of bananas recently to Iran through Container Corporation of India train rakes.
Source:
thehansindia.com
Feb 07, 2025
EAM Jaishankar holds bilateral talks with Greek counterpart George Gerapetritis, emphasises on increasing trade.
External Affairs Minister S Jaishankar on Thursday held bilateral talks with his Greek counterpart George Gerapetritis in New Delhi and emphasised on increasing trade, investment and connectivity between both countries. Welcoming the Greek delegation headed by Gerapetritis, Jaishankar highlighted India's growing relationship with Greece, noting frequent Prime Ministeterial visits exchanged between both countries.
Source:
tribuneindia.com
Feb 07, 2025
India mulling imposition of Customs duty on masur as imported produce sells cheaper.
The Indian government is actively considering ending the duty-free import of masur (lentil) even before March 31, which is the deadline of the sop provided to importers to bolster domestic stock. The notification on the duty is likely to be issued next week after an inter-ministerial panel approves the proposal, sources said. However, it is not immediately known if import duty will be levied on chana (gram).
Source:
thehindubusinessline.com
Feb 07, 2025
Indian rice offered at lowest price in Bangladesh tender for 50,000 tons.
The lowest price offered in the tender from Bangladesh's state grains buyer to purchase 50,000 metric tons of rice which closed on Thursday was assessed at $434.77 a metric ton CIF liner out, traders said. The offer was made for Indian origin rice by trading house Agrocorp, they said.
Source:
economictimes.indiatimes.com
Feb 07, 2025
e-NAM Platform expanded to boost agricultural trade with addition of 10 New commodities and their tradable parameters.
In response to the continuous demand from farmers, traders and other stakeholders for inclusion of more agricultural commodities, the Department of Agriculture and Farmers’ Welfare, Government of India has decided to further expand the scope of trade under e-NAM. This initiative aims to increase the coverage of agricultural commodities and offer more opportunities for farmers and traders to benefit from the digital trading platform, Directorate of Marketing and Inspection (DMI) has formulated tradable parameters for 10 additional agricultural commodities. These new commodities parameters are a result of extensive consultation with key stakeholders, including state agencies, traders, subject matter specialists and SFAC and with approval from the Union Minister of Agriculture and Farmers’ Welfare Shri Shivraj Singh Chouhan.
Source:
pib.gov.in
Feb 07, 2025
Global nuts and dry fruits trade show in Mumbai from Feb 12.
Nuts and Dry Fruits Council of India (NDFCI) will conduct second edition of ‘MEWA India 2025’, a B2B exhibition dedicated to the global nuts and dried fruits industry, in Mumbai from February 12-14. A media statement said the event will host over 300 exhibitors and is expected to attract more than 10,000 participants from over 25 countries, providing a unique platform for industry professionals to showcase products and services.
Source:
thehindubusinessline.com
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