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Jan 27, 2026 India & Russia confident of $100 billion trade target by 2030: Ambassador Vinay Kumar. India and Russia are moving confidently to achieve a target of $100 billion in bilateral trade by 2030 and steps are being taken to expand the trade basket, Ambassador Vinay Kumar said on Monday. 'The past year has been particularly active. We had a very successful visit of President (Vladimir) Putin. Achieving the bilateral trade target of $100 billion by 2030 is eminently possible,' Ambassador Kumar said while talking to PTI on India's 77th Republic Day. Source: economictimes.indiatimes.com
Jan 27, 2026 ‘Mother of all deals’ sealed: India-EU pact to reshape trade, says Modi. Prime Minister Narendra Modi said on Tuesday that the free trade agreement signed between India and the European Union a day earlier would deliver sweeping economic gains, calling it the 'mother of all deals' and a landmark partnership between two of the world’s largest economies. Speaking in New Delhi ahead of meetings with European Union leaders, Modi said the pact — which represents around 25% of global GDP and nearly one-third of global trade — would create significant opportunities for businesses and consumers across both regions. He said the agreement would boost key Indian sectors such as textiles, gems and jewellery, and leather goods, while deepening investment and trade ties with Europe. Source: m.economictimes.com
Jan 27, 2026 India Takes Centre Stage at Gulfood 2026 as Country Partner with Largest Global Presence. India marked a strong and strategic presence at Gulfood 2026, the world’s largest annual food and beverage trade exhibition, as the Country Partner, underscoring its growing leadership in the global agri-food and processed food sector. India has the largest participation at Gulfood 2026 among all participating countries, both in terms of the number of exhibitors and total exhibition area. Source: pib.gov.in
Jan 27, 2026 'Newer grape varieties are keeping export hopes alive in India'. India's grape season battles weather and logistics hurdles, but strong prices and resilient varieties are keeping hopes alive, says Harish More, Vice President of Fratelli Fruits Farmer Producer Company. 'The early season in the Satana region has almost concluded. Growers faced heavy and prolonged rainfall during the monsoon, which created difficulties in vineyard management and fruit development. Despite these challenges, the season ended on a positive note, as grape prices remained exceptionally high at around 20 to 30% higher than the average of recent years. The crop quality is relatively better than last year in many vineyards.' Source: freshplaza.com
Jan 23, 2026 EU suspends export benefits for certain Indian goods ahead of key FTA conclusion. The European Union (EU) has suspended export benefits for certain Indian goods, including labour-intensive textiles, gems, jewellery, chemicals, plastics, metals, and transport equipment. While the move will impact shipments to the 27-nation bloc just as both sides aim to conclude Free Trade Agreement (FTA) talks next week, the government maintains that this is a continuation of the existing system and will not create a fresh impact. Source: economictimes.indiatimes.com
Jan 23, 2026 Trade ministers meet to lay groundwork for WTO ministerial conference. Trade ministers from various countries and WTO Director General Ngozi Okonjo-Iweala held a meeting here on Thursday to discuss key issues before the 14th WTO Ministerial Conference in March. According to a statement from the Swiss government, which hosted the meeting, they discussed the role of the WTO in addressing global trade policy challenges. Source: economictimes.indiatimes.com
Jan 23, 2026 India's 2025 coffee exports rise 22.50% in value terms; volumes fall 4.47%. India's coffee exports declined in volume by 4.47 percent to 3.84 lakh tonnes in the 2025 calendar year, but rose 22.50 percent in value terms to USD 2,058.06 million, Coffee Board data showed. In volume terms, the shipments declined from 4.02 lakh tonnes in 2024. Source: economictimes.indiatimes.com
Jan 23, 2026 Germany sees India-EU deal as chance for 'great powers' to unite. Days before the signing of a free trade agreement between India and the European Union, German Chancellor Friedrich Merz on Thursday said 'the era of great powers' presents an opportunity for countries favouring regulations to join forces against protectionism and isolationism. Source: economictimes.indiatimes.com
Jan 23, 2026 Centre approves purchase of 1.01 lakh tonnes of chana at MSP in Karnataka. The Agriculture Ministry has approved procurement of 1.013 lakh tonnes of chana (bengal gram) at minimum support price (MSP) for the rabi marketing season 2026-27 in Karnataka. Source: thehindubusinessline.com
Jan 23, 2026 UAE agrees to set up major food cluster in Andhra Pradesh. In a significant boost for India’s food processing sector, the United Arab Emirates (UAE) has agreed to establish a dedicated food cluster in the southern Indian state of Andhra Pradesh. The agreement was reached during high-level discussions between Andhra Pradesh Chief Minister N. Chandrababu Naidu and UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri on the sidelines of the World Economic Forum (WEF) 2026 in Davos, Switzerland. Source: fnbnews.com
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