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Jan 16, 2025 News Image DGFT Updates Schedule II of India’s Export Policy.
The updated 'Schedule-II (Export Policy)' aligns with the Finance Act 2024, which was notified on August 16, 2024. The revised schedule includes the current export policy for all ITC (HS) codes, along with any specific conditions that must be met. Previously, specific policy conditions were only applied to goods with restrictions or special regulations.
 Source:  india-briefing.com
Jan 16, 2025 News Image India doing FTAs only after extensive stakeholder consultations: Piyush Goyal.
Commerce and Industry Minister Piyush Goyal on Tuesday said India is finalising free trade agreements (FTAs) only after extensive consultations with all the concerned stakeholders. He said that unlike in the past, these pacts are now fair, equitable and balanced.
 Source:  economictimes.indiatimes.com
Jan 15, 2025 News Image Rabi crop sowing exceeds 632 lakh hectares.
The Department of Agriculture & Farmers’ Welfare has released progress of area coverage under Rabi crops as on 14th January 2025.
 Source:  pib.gov.in
Jan 15, 2025 News Image India doing FTAs only after extensive stakeholder consultations: Piyush Goyal.
Commerce and Industry Minister Piyush Goyal on Tuesday said India is finalising free trade agreements (FTAs) only after extensive consultations with all the concerned stakeholders. He said that unlike in the past, these pacts are now fair, equitable and balanced.
 Source:  economictimes.indiatimes.com
Jan 15, 2025 News Image Free Trade Agreement talks with India have been relaunched: UK.
The UK government on Tuesday told Parliament that the Free Trade Agreement (FTA) talks with India have been relaunched to deliver a joint ambition of taking the bilateral relationship to 'even greater heights'. During a debate on UK economic growth in the House of Commons, British Indian Labour MP Jeevun Sandher asked Foreign Secretary David Lammy about the steps being taken to get a 'good UK-India trade deal over the line'.
 Source:  economictimes.indiatimes.com
Jan 15, 2025 News Image Looking to double turmeric production to 20 lakh tonnes in 5 years, says Commerce Minister Piyush Goyal.
The National Turmeric Board will help develop new markets internationally to promote exports and double production to about 20 lakh tonnes in the next five years, Commerce and Industry Minister Piyush Goyal said on Tuesday.
 Source:  economictimes.indiatimes.com
Jan 15, 2025 News Image European demand lifts Indian soyameal exports in December.
Soyameal exports are up a tad during December at 2.77 lakh tonnes (lt) on higher demand from European buyers such as Germany and Netherlands. However, the offtake by the domestic livestock feed sector was flat at 5.5 lt, as per the latest estimates by the trade body Soyabean Processors Association of India (SOPA).
 Source:  thehindubusinessline.com
Jan 15, 2025 News Image Optimistic about higher agri growth in FY25 on good monsoon: Principal secy to PM.
India's agriculture sector is poised for stronger growth in the 2024-25 fiscal year, driven by favourable monsoon conditions, according to Principal Secretary to the Prime Minister P K Mishra. 'Monsoon has been good... I am very optimistic this year,' Mishra told PTI in an interview.
 Source:  economictimes.indiatimes.com
Jan 15, 2025 News Image Jaishankar, Spanish FM discuss bilateral ties in trade, defense, urban development.
External Affairs Minister Dr S Jaishankar held talks with Spanish Foreign Affairs Minister José Manuel Albares in Madrid yesterday. In a social media post, Dr Jaishankar said, he had a productive conversation on bilateral partnerships including in trade, investment, defence, security, urban development, and railways among others took place during the meeting. The Minister added that India appreciates Spain as a votary for stronger India-EU ties and a reliable Mediterranean partner.
 Source:  theindianawaaz.com
Jan 15, 2025 News Image Govt eyes exports as one of the engines of growth.
The Union budget for 2025-26 may focus on exports as one of the engines of growth by extending interest subsidy for exporters, tweaking of customs duties for enhanced competitiveness, setting up e-commerce export hubs, finalising free trade agreements (FTAs), incentivising agri-exports, and providing a special emphasis on organic produce such as turmeric, three people close to the development said.
 Source:  hindustantimes.com