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Jan 29, 2025 News Image Govt upgrades platform to issue certificates of origin.
To simplify the certification process for exporters and enhance trade efficiency, the government Monday said it has upgraded its system of issuing electronically generated certificate of origin to help exporters. The document is important to claim duty concessions under free trade agreements as it proves where the goods originate.
 Source:  economictimes.indiatimes.com
Jan 29, 2025 News Image Decline in Rice Production and Rising Prices in Iran Amid Inflation Growth and Public Protests.
The import of rice from March 21 to December 21, 2024, has decreased by approximately 20%, while the Ministry of Agriculture has claimed that with the production of 2.7 million tons of rice this year, the country’s need for imports has reduced.
 Source:  iranfocus.com
Jan 29, 2025 News Image DPIIT and JKEDI sign MoU to strengthen startup ecosystem in Jammu & Kashmir.
Department for Promotion of Industry and Internal Trade (DPIIT) and the Jammu & Kashmir Entrepreneurship Development Institute (JKEDI) have signed a Memorandum of Understanding (MoU) aimed at fostering collaboration, mentorship, and support for startups in the region. The signing took place during 'Jammu Kashmir Konnect,' a special startup-focused program organized at JKEDI’s Baribrahamna campus, where startups, incubators, and key-way stakeholders gathered to discuss innovation and growth opportunities. DPIIT and JKEDI formally signed the MoU marking a significant step toward strengthening startup support systems in J&K.
 Source:  pib.gov.in
Jan 29, 2025 News Image No export of raw materials, value addition must happen in India: PM Modi.
Prime Minister Narendra Modi on Tuesday said he cannot accept raw materials getting exported and finished products being shipped into the country, asserting that value additions must happen in India. Inaugurating the 'Utkarsh Odisha, Make in Odisha Conclave' in Bhubaneswar's Janata Maidan, Modi said he considers eastern India as the growth engine of the country, and the state plays an important role in it.
 Source:  business-standard.com
Jan 29, 2025 News Image Madhya Pradesh CM Mohan Yadav invites Japanese investments; state exported $92.8 mn goods to Japan.
Madhya Pradesh Chief Minister Mohan Yadav said that the state has exported goods spanning multiple industries worth USD 92.8 million to Japan in 2023-24 on Tuesday, while inviting business leaders to explore investment opportunities in the state. Yadav was speaking during an interactive session on investment opportunities in Madhya Pradesh being held in the Indian Embassy here.
 Source:  economictimes.indiatimes.com
Jan 29, 2025 News Image Govt to import rice, fertiliser, diesel.
The government will import rice, fertiliser and diesel and procure sugar and lentil from local suppliers to meet the domestic demands. Advisors’ Council Committee on Government Purchase (ACCGP) in a meeting on Tuesday, with Finance Adviser Dr Salehuddin Ahmed in the chair, approved a number of proposals in this regard.
 Source:  daily-sun.com
Jan 29, 2025 News Image US President Trump calls for 'fair' trade ties with 'tariff maker' India.
US President Donald Trump has grouped India alongside China and Brazil as 'tremendous tariff makers', vowing to impose tariffs on countries he claims harm the United States. During a separate telephonic conversation, Trump urged Prime Minister Narendra Modi to boost India’s procurement of American security equipment to foster a 'fair' bilateral trade relationship.
 Source:  business-standard.com
Jan 29, 2025 News Image India-Oman Joint Commission Meeting held; leaders focus on enhancing bilateral cooperation in trade, investment, technology, food security and renewable energy.
Union Minister of Commerce and Industry, Shri Piyush Goyal concluded a successful visit to the Sultanate of Oman from 27-28 January 2025. During the visit, Shri Goyal co-chaired the 11th Session of the India-Oman Joint Commission Meeting (JCM) with H.E. Qais bin Mohammed Al Yousef, Minister of Commerce, Industry, and Investment Promotion of Sultanate of Oman. The JCM saw productive discussions on enhancing bilateral cooperation in trade, investment, technology, food security, renewable energy and other key areas. The Minister held a productive bilateral meeting with Minister Qais during which he undertook a detailed review of the bilateral trade and economic relations between India and Oman and identified concrete steps to further strengthen the mutually beneficial business ties.
 Source:  pib.gov.in
Jan 29, 2025 News Image Chilean cherry exports to India almost double.
Chile has nearly doubled its cherry exports to India in the 2024/25 season. With the recent arrival of several sea freight containers, export volumes have surged from 367 tonnes in 2023/24 to 708 tonnes in 2024/25 to date, according to Chilean Cherry Committee of Frutas de Chile.
 Source:  fruitnet.com
Jan 29, 2025 News Image UP’s ODOP initiative has made global impact: Yogi.
Chief Minister Yogi Adityanath on Sunday visited the ‘One District One Product' exhibition set up in the Kumbh Mela area and said that ODOP initiative has made a global impact. The CM also encouraged artisans by visiting their stalls from across the state.
 Source:  timesofindia.indiatimes.com