1. Home
  2. Market Intelligence
  3. Market News
Archive
May 21, 2025 News Image Need 5% annual growth in agriculture for India to become developed nation by 2047: Shivraj Singh Chouhan.
Agriculture Minister Shivraj Singh Chouhan on Tuesday said India requires a five per cent annual growth rate in agriculture and allied sectors to become a developed nation by 2047. Chouhan highlighted that foodgrain is grown on 93 per cent of farmland, but the growth is just 1.5 per cent.
 Source:  economictimes.indiatimes.com
May 21, 2025 News Image India eyes rapeseed meal export revival to China as price gap widens.
India is aiming to regain its market share in China's rapeseed meal imports, taking advantage of the commodity's lower price as compared to the international rate amid global supply constraints, industry body SEA said on Monday. Indian rapeseed meal is trading at $202 per tonne (Ex-Kandla FAS) as compared to international price of $308 per tonne (Ex-Hamburg). This creates a compelling opportunity for Indian exporters.
 Source:  deccanherald.com
May 21, 2025 News Image India mulls registration of non-Basmati rice with APEDA before exports.
The government is considering making registration of export contracts mandatory with its agri-export promotion body APEDA for non-Basmati rice before shipments are allowed by the Customs Department. This is on the lines of the current system in place for Basmati rice. The government may charge a fee of Rs.10-20/tonne for the registration. This will be used for promotion of Indian rice abroad.
 Source:  thehindubusinessline.com
May 21, 2025 News Image Government reviews US rejection of Indian mango shipments.
The government is reviewing and examining the mango shipments that the United States rejected earlier this month, sources said, adding that an error was noted in one of the approved irradiation facility in Mumbai. The Mumbai facility also witnesses the maximum volume of mangoes destined for the US. Attributing the rejection of 12 mango consignments in the US to an error in recording of data related to irradiation treatment on May 8 and 9, sources said that the error and its cause are being examined at a senior level by the facility management.
 Source:  cnbctv18.com
May 21, 2025 News Image India, US discuss expediting conclusion of first phase of trade pact.
Commerce and Industry Minister Piyush Goyal on Tuesday held discussions with US Commerce Secretary Howard Lutnick in Washington to expedite negotiations on the first phase of the proposed bilateral trade agreement between the two countries. Goyal is in Washington for a ministerial-level meeting to review the progress of negotiations of the trade pact.
 Source:  economictimes.indiatimes.com
May 20, 2025 News Image Bihar Showcases Global Agri-Food Potential at International Buyer-Seller Meet 2025.
The Ministry of Food Processing Industries in partnership with Agricultural & Processed Food Products Export Development Authority (APEDA), Trade Promotion Council of India (TPCI), and Government of Bihar, is organizing International Buyer Seller Meet (IBSM) in Patna, Bihar on 19th & 20th May 2025. The event aims to bring together key stakeholders from the food and allied sectors to promote trade, strengthen exports, and unlock Bihar’s agri-food potential.
 Source:  pib.gov.in
May 20, 2025 News Image India eyes rapeseed meal export revival to China as price gap widens.
India is aiming to regain its market share in China's rapeseed meal imports, taking advantage of the commodity's lower price as compared to the international rate amid global supply constraints, industry body SEA said on Monday. Indian rapeseed meal is trading at USD 202 per tonne (Ex-Kandla FAS) as compared to international price of USD 308 per tonne (Ex-Hamburg). This creates a compelling opportunity for Indian exporters.
 Source:  business-standard.com
May 20, 2025 News Image Experts Urge GI Tagging and Blockchain Tracking to Protect Authentic Goan Cashew Brands.
At a technical session held during the two-day Cashew Fest organized by the Goa Forest Development Corporation, officials and industry experts highlighted the growing problem of counterfeit cashew products being falsely marketed as authentic Goan cashew nuts. The session called for urgent measures to protect the integrity of the local cashew industry.
 Source:  heraldgoa.in
May 20, 2025 News Image India’s decision to restrict Bangladesh exports shaped by Dhaka’s recent approach on Northeast.
India’s decision to place restrictions on Bangladeshi products being exported to North-East India was shaped by several comments made by the interim regime including by Chief Adviser Md Yunus that it can choke the prosperity of NE states by denying them access to the Bay of Bengal. Members associated with the regime gave repeated threats including after Pahalgam attacks that Dhaka could even contemplate to annex the NE states.
 Source:  economictimes.indiatimes.com
May 20, 2025 News Image Indian agriculture sector growth estimated at 3-3.5% in FY26, says Shivraj Singh Chouhan.
Union Agriculture Minister Shivraj Singh Chouhan said on Monday that India’s agricultural sector is projected to achieve a growth rate of 3-3.5 per cent in the 2025-26 financial year, building on the record crop production of 2024-25. Speaking at a press conference, Chouhan highlighted the significance of this growth, stating, 'Globally, an agricultural growth rate of 1.5-2 per cent is considered good. India is consistently achieving at least 3 per cent to 3.5 per cent growth.
 Source:  thehindubusinessline.com