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Mar 18, 2025 News Image India and EU must work as partners, not as competitors, says Prasada.
India and the European Union (EU) must work together, streamline non-tariff barriers and harmonise standards to remove trade bottlenecks, instead of competing, as the world grapples with economic uncertainty, supply chain disruptions and geopolitical shifts, said Jitin Prasada, minister of state for commerce and industry, and electronics and information technology. He called for Europe to diversify its supply chain and said India has a large talent pool in sectors where Europe needs skilled professionals such as IT, engineering, healthcare and fintech.
 Source:  economictimes.indiatimes.com
Mar 18, 2025 News Image Malda’s Ashwina mango: The ‘king of chutneys’ in the race for GI tag.
The world-famous mangoes of Malda are once again in the spotlight. Following the successful Geographical Indication (GI) tagging of Fazli, Himsagar and Lakshmanbhog mangoes, the district administration has now taken steps trying to secure the prestigious GI tag for the Ashwina mango. The Horticulture department has already applied to the Registrar of Geographical Indications, believing that recognition will significantly enhance Malda’s mango industry.
 Source:  millenniumpost.in
Mar 18, 2025 News Image India reports record rice, wheat, and maize harvests in 2024-25 season.
The total production of kharif cereals was 166.39 million tonnes and that of rabi cereals was 164.53 million tonnes. The production of kharif rice is estimated at 120.68 million tonnes, 7.42 million tonnes more than that of 2023-24 (113.26 million tonnes). Rabi foodgrains production was 15.76 million tonnes.
 Source:  tvbrics.com
Mar 18, 2025 News Image Onion export and wheat stocking restrictions: Open up the field.
The Narendra Modi government last week lifted a ban on exports of broken rice, in place since September 2022. It’s high time that it also scraps the 20 per cent duty on onion exports and stockholding limits on wheat. The reason is that the harvesting of both crops is underway. According to the agriculture ministry, farmers have sown 324.9 lakh hectares (lh) under wheat and 10.3 lh under onion in the current rabi season, as against 318.3 lh and 8.6 lh last year.
 Source:  indianexpress.com
Mar 18, 2025 News Image India aims to boost bilateral trade with US to $500 billion by 2030, talks on FTA on: Govt official.
India is looking to increase bilateral trade with the United States from the present $200 billion to $500 billion by 2030, according to a top government official. The Indian government is also working on a bilateral trade agreement with US and is proactively engaging with the US in trade, the official said, adding that negotiations are on over free trade agreement (FTA).
 Source:  businesstoday.in
Mar 18, 2025 News Image India, New Zealand explore digital payments, trade, and investment ties.
India and New Zealand have agreed for talks to boost cooperation in digital payments and greater two-way trade and investment during the ongoing visit of New Zealand Prime Minister Christopher Luxon. A day after both nations revived talks on a proposed free-trade agreement (FTA) after a hiatus of 10 years, Luxon and Prime Minister Narendra Modi held delegation-level bilateral talks on Monday. Both committed to designate senior representatives to steer these negotiations to resolution as soon as reasonably possible.
 Source:  business-standard.com
Mar 18, 2025 News Image India, Sweden seek to boost trade, investment ties.
India and Sweden explored ways to further strengthen their bilateral trade and investment partnership during a meeting between Union Minister of Commerce and Industry Piyush Goyal and Swedish Minister for Foreign Affairs Maria M Stenergard in New Delhi on Monday. Sweden is the 21st largest investor in India, with cumulative foreign direct investment (FDI) inflows amounting to USD 2.51 billion from April 2000 to March 2024.
 Source:  tribuneindia.com
Mar 18, 2025 News Image Trade talks happening at very top: Tulsi Gabbard.
US intelligence chief Tulsi Gabbard has expressed optimism about strengthening economic and trade ties between India and the US, and stating that 'direct dialogue is happening at the very top' to bolster relations, and that President Donald Trump and PM Narendra Modi are seeking 'good solutions'.
 Source:  timesofindia.indiatimes.com
Mar 18, 2025 News Image Boosting dairy and livestock growth a major initiatives in Marathwada, Maharashtra.
The Government of India, in collaboration with the Maharashtra State Government, is making significant strides in enhancing dairying and animal husbandry in the Marathwada region through various initiatives. The Department of Animal Husbandry and Dairying (DAHD) has been implementing multiple schemes, including the National Programme for Dairy Development (NPDD), Rashtriya Gokul Mission (RGM), and National Livestock Mission (NLM), among others, to improve milk production, strengthen infrastructure, and boost farmers' income.
 Source:  fnbnews.com
Mar 18, 2025 News Image The cumulative exports (merchandise & services) during April-February2024-25 is estimated at USD 750.53 Billion, as compared to USD 706.43 Billion in April-February2023-24, an estimated growth of 6.24%.
India’s total exports (Merchandise and Services combined) for February2025* is estimated at USD 71.95 Billion, registering a positivegrowth of 3.16 percent vis-à-vis February2024. Total imports (Merchandise and Services combined) for February2025* is estimated at USD 67.52 Billion, registering a negative growth of (-)11.34 percent vis-à-vis February2024.
 Source:  pib.gov.in