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Jun 13, 2025 India seeing the rise of exotic mushrooms in agriculture. India's agricultural sector is undergoing a transformative shift, driven by sustainability, high-value crops, and changing consumer preferences. While traditional farming remains the backbone of the economy, exotic mushrooms—once considered niche imports—are emerging as a profitable, eco-friendly, and health-driven industry. Source: verticalfarmdaily.com
Jun 13, 2025 95th Meeting of Network Planning Group under PM GatiShakti evaluates key Infrastructure projects. The 95th meeting of the Network Planning Group (NPG) was convened today to evaluate infrastructure projects in the Metro Rail and Roads, Transport & Highways and Logistics Parks. The meeting focused on enhancing multimodal connectivity and logistics efficiency in alignment with the PM GatiShakti National Master Plan (PMGS NMP). Source: pib.gov.in
Jun 13, 2025 Quality control can be eased for trusted partners: Piyush Goyal. India is open to ease the quality control order (QCQ) framework for 'trusted partners', producing good quality products, commerce and industry minister Piyush Goyal has said. The minister, on a four-day visit to Switzerland and Sweden, said discussions on 90% of content were complete on India-EU FTA, with services and rules of origin negotiations slated to start from Monday. However, he said, key issue to be addressed is non-tariff barriers to make it easy to do business. Source: economictimes.indiatimes.com
Jun 13, 2025 Andhra CM urged to lift ban on entry of Totapuri mangoes from Karnataka. Karnataka Chief Minister Siddaramaiah has urged his Andhra Pradesh counterpart N Chandrababu Naidu to remove the ban on the entry of ‘Totapuri’ Mangoes from Karnataka into Chittoor district. ‘Totapuri’ mango is a popular variety used in processing and pulp extraction units, and is widely grown in the border district of Kolar. Source: thehindubusinessline.com
Jun 13, 2025 India's May palm oil imports surge 84% m/m to hit six-month high. India's palm oil imports jumped to a six-month high in May, driven by low inventories and the tropical oil's price discount to rival soyoil and sunflower oil, which prompted refiners to boost purchases, an industry body said on Thursday. Higher imports of palm and soyoil by India, the world's biggest buyer of vegetable oils, could support Malaysian palm oil prices and U.S. soyoil futures. Source: economictimes.indiatimes.com
Jun 13, 2025 US trade pact set for early finish: Piyush Goyal. India and the US are on track to seal a trade agreement before the deadline of fall 2025 set by PM Narendra Modi and President Donald Trump, commerce and industry minister Piyush Goyal told ET in an interview. Goyal, who is on a four-day visit to Switzerland and Sweden, said the rare earth magnet supply squeeze by China is a wakeup call. Source: economictimes.indiatimes.com
Jun 13, 2025 Basmati export prices at 17-year low, higher volumes cushion the blow. Basmati rice exporters have sustained earnings this marketing year (starting October 2024) on the back of higher export volumes, despite a sharp fall in contracted rates and the absence of a minimum export price (MEP). Trade sources indicate that May’s average basmati export price fell over 23 per cent to $831/tonne from $1,080 a year ago. Source: thehindubusinessline.com
Jun 13, 2025 Union Commerce and Industry Minister Shri Piyush Goyal Advances India–Sweden Collaboration Through Comprehensive Government and Industry Dialogues. Union Minister of Commerce and Industry, Shri Piyush Goyal held a series of substantive engagements with senior members of the Swedish government and industry leaders on day one of his two-day official visit to Stockholm. The visit aimed at further deepening the bilateral economic relationship, enhancing trade and investment flows, and exploring new avenues of cooperation in emerging sectors. Source: pib.gov.in
Jun 13, 2025 Odisha CM flags off mango export from Patnagarh to Abu Dhabi. Premium Amrapali mangoes cultivated in Patnagarh of Balangir in Odisha were exported to Abu Dhabi on Thursday. Odisha Chief Minister Mohan Charan Majhi flagged off the first consignment of 1.08 tonnes Amrapali mangoes to Abu Dhabi via the inaugural flight from Biju Patnaik International Airport at Bhubaneswar on Thursday. A media statement said Balangir has emerged as a key agri-export hub this year, leading the way not just in mangoes but also in dragon fruit and other high-value superfoods. Mangoes were cultivated by Patnagarh Pragati Farmer Producer Company Ltd, and are being exported with the support of the Odisha Department of Agriculture and Farmers’ Empowerment (DA&FE), APEDA, Palladium (as the technical support unit), and PRB Superfoods. Source: thehindubusinessline.com
Jun 12, 2025 Swiss part of EFTA deal to be implemented by October: Piyush Goyal. Commerce Minister Piyush Goyal indicated on Wednesday that the Swiss part of the EFTA will possibly be implemented from October 2025, with the other three countries -- Iceland, Liechtenstein, and Norway-- already having ratified the trade deal. 'Norway, Liechtenstein, and Iceland have reified this agreement. Switzerland's process will last another two and a half months (or so). It is expected that we will be able to implement this in October,' the minister told ANI, during his two-day visit to Switzerland. Source: economictimes.indiatimes.com
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