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Jan 30, 2025 News Image Jaishankar highlights $160 billion trade ties with Gulf at Raisina Middle East.
External Affairs Minister S Jaishankar on Tuesday underlined the strategic importance of India's ties with the Middle East, particularly the Gulf region, during the inaugural session of Raisina Middle East in Abu Dhabi. He highlighted the historical linkages between India and the region and spoke about the annual trade with the Gulf surpassing USD 160 billion, alongside wide-ranging collaborations in energy, technology, infrastructure, and education. India's engagement extends beyond the Gulf to the Mediterranean, with trade reaching USD 80 billion annually.
 Source:  tribuneindia.com
Jan 30, 2025 News Image Pulses import double to record 66.33 lakh tonnes during 2024.
India’s pulses imports almost doubled to an estimated record 66.33 lakh tonnes during the 2024 calendar year. This followed the government move to make imports duty-free to boost supplies and keep prices under check on shortfall in domestic output during the year.
 Source:  thehindubusinessline.com
Jan 30, 2025 News Image British trade minister to visit India to negotiate trade deal.
Britain's Business and Trade Secretary Jonathan Reynolds will soon visit India to restart talks on a trade deal, finance minister Rachel Reeves said on Wednesday.
 Source:  reuters.com
Jan 30, 2025 News Image India reviews Donald Trump's new trade policy.
India is conducting a legal review of US President Donald Trump's America First Trade Policy to gauge its implications on the country's trade agenda. The commerce and industry ministry is undertaking a paragraph-wise review of the executive order issued by Trump last week on the trade policy that entails the US identifying countries with which it can negotiate agreements bilaterally or on a sector-specific basis.
 Source:  economictimes.indiatimes.com
Jan 30, 2025 News Image South Australia Eyes Stronger Trade Links with Maharashtra Amid Growing Economic Ties with India.
South Australia's minister for trade and investment, Joe Szakacs, said that Mumbai and Maharashtra are key checkpoints for South Australia's trade and investment foray into India. Szakacs responded to a question on Maharashtra's goal to be a $1 trillion economy by 2032. He encouraged Indian businesses and state govts to seek support from Australian states like South Australia to boost trade and business. Szakacs spoke at the launch of a ‘case study on the India-Australia Economic Cooperation and Trade Agreement (ECTA)' published by Gateway House: Indian Council on Global Relations. The case study stated that Australia's $1.5 trillion pension fund sector can be a potential steady source of investments for India's infrastructure and disinvestments.
 Source:  timesofindia.indiatimes.com
Jan 30, 2025 News Image PM Modi to visit US in Feb, announces Trump.
Prime Minister Narendra Modi will visit the White House sometime in February, US President Donald Trump announced late on Monday (Tuesday IST) as he termed the ties between the two countries as 'very good' and claimed that India will do the 'right thing' on illegal immigration. Indian Prime Minster Narendra Modi and U.S. President Donald Trump leave the stage at NRG Stadium after a rally on September 22, 2019 in Houston, Texas. (Getty Images) Indian Prime Minster Narendra Modi and U.S. President Donald Trump leave the stage at NRG Stadium after a rally on September 22, 2019 in Houston, Texas. (Getty Images) Trump’s statements came hours after a call with Modi -- one that the White House described as 'productive', and one in which Trump asked India to buy more made-in-America security equipment and move towards a 'fair' trading partnership. In an address to Republican lawmakers after the call on Monday, Trump threatened tariffs against India, clubbing it with China and Brazil as countries that 'mean the US harm' and exploited the US market.
 Source:  hindustantimes.com
Jan 30, 2025 News Image Bangladesh imports rice from India, Myanmar.
A vessel, Atn Victory, has arrived at Chittagong port with 22,000 metric tonnes of Atap rice from Myanmar purchased under a government-to-government (G2G) agreement, food ministry’s senior information and public relations officer Imdad Islam said on Wednesday (January 29). Besides, the ship MV BMC Pandora has arrived at Chittagong Port with 15,000 metric tonnes of parboiled rice from India, imported through an open tender.
 Source:  en.somoynews.tv
Jan 30, 2025 News Image Central Government announces structured timeline for compliance with Amendments in labelling Provisions under the Legal Metrology (Packaged Commodities) Rules, 2011.
Government of India has introduced a revised timeline for implementing amendments in the Legal Metrology (Packaged Commodities) Rules, 2011. To facilitate smooth implementation, it has been decided that any amendments to labelling provisions will come into effect on either January 1st or July 1st, subject to a minimum transition period of 180 days from the date of notification. This approach provides ample time for businesses to adapt to the changes.
 Source:  pib.gov.in
Jan 30, 2025 News Image India, Oman agree to speed up talks on signing bilateral economic pact.
India and Oman have agreed to expedite the discussions for an early signing of the bilateral Comprehensive Economic Partnership Agreement (CEPA), which is under advanced stages of negotiations, according to a statement issued by the Ministry of Commerce and Industry on Tuesday. Commerce and Industry Minister Piyush Goyal concluded a successful visit to Oman from January 27-28. CEPA will be a new milestone in bilateral trade relations and has the potential to significantly scale up two-way trade and investments, the statement said.
 Source:  retail.economictimes.indiatimes.com
Jan 30, 2025 News Image India, UK to relaunch talks on free trade, investment pact: UK high commissioner.
The UK and India will relaunch talks on free trade and a bilateral investment treaty, British High Commissioner to India Lindy Cameron said Wednesday. This follows Prime Minister Narendra Modi and UK Prime Minister Keir Starmer’s decision to resume FTA negotiations, on the sidelines of the G-20 Summit in November.
 Source:  economictimes.indiatimes.com