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Jul 10, 2025 Brazil’s Lula Hosts Modi in Bid to Turn India Into a Major Trade Partner. Brazilian President Luiz Inacio Lula da Silva wants to deepen trade ties with India, the world’s most populous nation. The question as he hosts Indian Prime Minister Narendra Modi in Brasilia on Tuesday is how to go about it. Source: bloomberg.com
Jul 10, 2025 PM Modi, Brazil President Lula set bilateral trade target of USD 20 billion in next five years: MEA. Noting ample opportunities for diversifying and expanding bilateral trade, Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva have set a target of 20 billion dollars to be achieved in the next five years, the Ministry of External Affairs said. The two leaders discussed the 'entire spectrum of the partnership', Ministry of External Affairs (MEA) Secretary (East) P Kumaran said in Brasilia on Tuesday (local time), while addressing a special briefing on PM Modi's State visit to Brazil. Source: economictimes.indiatimes.com
Jul 10, 2025 India must deepen ties with Asean nations, not abandon its trade agreement. Indian industry, like its counterpart anywhere in the world and at any time in history, would be happy to prosper in a more protected market. This is why the voices from within industry calling on the government to abandon India’s free-trade agreement with the Association of Southeast Asian Nations (Asean) are so loud and persistent. The government, which is currently in the process of reviewing the agreement that came into force in 2010, should ignore these self-serving pleas. Source: business-standard.com
Jul 10, 2025 Centre adds 7 new products on eNAM platform. Union Agriculture Minister Shivraj Singh Chouhan on Wednesday announced the inclusion of an additional seven products, including Banarasi paan, on the e-NAM platform in a bid to provide more opportunities and better prices to farmers. The seven commodities include sugarcane, Marcha rice, Katarni rice, Jardalu mango, Shahi litchi, Magahi paan and Banarasi paan. Source: economictimes.indiatimes.com
Jul 09, 2025 Trump says US 'very close' to a trade deal with India. President Donald Trump announced Monday evening that the United States is on the verge of concluding a trade pact with India as the deadline for America's April 2 'reciporal tariffs' was extended to August 1. 'We’ve finalised agreements with the United Kingdom and China, and we’re very close to securing a deal with India,' Trump told reporters after he hosted Israeli Prime Minister Netanyahu for dinner at the White House. Source: economictimes.indiatimes.com
Jul 09, 2025 Apple Farmers will Get Solar-Powered Cold Storage Units, Horticulture Dept Inks MoU with EESL. In a major push to cut post-harvest losses and improve income for fruit growers, the Himachal Pradesh Horticulture Department on Monday signed a landmark Memorandum of Understanding (MoU) with Energy Efficiency Services Limited (EESL) to set up solar-powered micro cold storage systems across the state. 'This initiative is a game changer,' said Vinay Singh, Director of Horticulture, after the MoU signing. Source: himbumail.com
Jul 09, 2025 India negotiating trade agreements on its own terms: S Mahendra Dev, Chairman, EAC-PM. India is negotiating trade agreements with countries, including the US, on its own terms and keeping in view the national interest, said S Mahendra Dev, chairman of the Economic Advisory Council to the PM (EAC-PM). Several domestic tailwinds will help India grow 6.5% in FY26 despite global headwinds, he said in an interview with ET. Edited excerpts: India is extensively engaged in some big-ticket free trade agreements. Source: economictimes.indiatimes.com
Jul 09, 2025 US extends suspension of tariffs on India till Aug 1, giving trade talks a boost. The US has extended the suspension of its April 2 reciprocal tariffs until August 1, a move that will provide temporary relief to Indian exporters. The move will also provide additional time to governments of both countries to resolve outstanding issues and finalise a trade deal. The White House confirmed the extension on Monday, stating that the suspension, initially set to expire on July 9, was being prolonged 'based on additional information and recommendations from various senior officials' and due to the ongoing discussions with trading partners. Source: hindustantimes.com
Jul 09, 2025 Modi, Milei agree to deepen India-Argentina strategic ties. Prime Minister Narendra Modi and Argentine President Javier Milei agreed to strengthen the India-Argentina strategic partnership by expanding cooperation across key sectors including defence, security, energy, and mineral resources. The leaders met in Buenos Aires during Modi’s two-day visit, which forms the third leg of his five-nation tour. Although Modi previously visited Argentina in 2018 for the G20 Summit, this is the first bilateral visit by an Indian Prime Minister to the South American country in 57 years. The meeting coincided with the 75th anniversary of diplomatic relations between the two nations and five years since the relationship was elevated to a Strategic Partnership. Source: indbiz.gov.in
Jul 09, 2025 500 varieties of mangoes from across India on display in Delhi’s Chanakyapuri. At this celebration of aam, mango lovers are no longer sticking to their favourites: they are wandering from one stall to another, exploring the varieties they have never seen before. While some pick up the fruit to inhale its aroma, others press gently to assess its ripeness. This is day one of the two-day mango festival ‘Khass-ye-Aam’, being organised for the first time by the New Delhi Municipal Council (NDMC) at Chanakyapuri. Free and open to all, the festival, which began on Saturday, serves as a platform for empowering farmers, promoting agricultural innovation, and celebrating India’s rich agricultural diversity. Source: indianexpress.com
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