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Jun 27, 2025 News Image Oman DTAA: Withholding tax rates lowered.
India and Oman have amended their double taxation avoidance agreement (DTAA), expanding the definition of permanent establishment to cover digital and service-based operations. The amendment, notified Thursday, reduced withholding tax rates on interest and royalty payments for technical services to 10% from 15%, while applying a Principal Purpose Test to prevent abuse of the treaty for tax evasion.
 Source:  economictimes.indiatimes.com
Jun 26, 2025 News Image Bihar sets litchi export record with 250 tons.
Bihar's Shahi litchi, noted for its distinctive sweetness and pulp, recorded an export milestone in 2025. A total of 250 tons of this fruit shipped from Darbhanga airport to key Indian cities reflects a 108% increase over the previous year's 120 tons.
 Source:  freshplaza.com
Jun 26, 2025 News Image 1200 Queen pineapples from Tripura exported to Delhi.
Thansa organic Producer Company LTD has sold the organic pineapples to One India Organic, New Delhi through the direct cooperation and management of the SIMFED under the Mission organic value Chain Development for North Eastern Region, Phase-IV.
 Source:  tripuratimes.com
Jun 26, 2025 News Image India triples banana output with tissue culture.
Over the past two decades, India has experienced a threefold increase in banana production, driven by state agricultural strategies and widespread adoption of tissue culture technology by farmers. According to the state agriculture department, banana output rose from 545,000 metric tons in 2004–05 to 1,968,000 metric tons in 2022–23, representing a 261% increase.
 Source:  freshplaza.com
Jun 26, 2025 News Image Philippines plans onion imports to meet year-end gap.
The Philippines Department of Agriculture (DA) is evaluating onion importation to stabilize prices amid projections of insufficient supply lasting until December. Agriculture Secretary Francisco Tiu Laurel Jr. confirmed intentions to import both red and yellow onions to supplement local supplies to fulfill the national demand. However, the Bureau of Plant Industry (BPI) has yet to specify the import volume required.
 Source:  freshplaza.com
Jun 26, 2025 News Image Egypt imports 4.9 M tons of wheat, 4.2 M tons of yellow corn amid regional instability.
The Egyptian Ministry of Agriculture has confirmed the continued smooth flow of strategic commodity imports into the country, despite ongoing regional tensions. Between January 2025 and today, Egypt has successfully imported approximately 4.9 million tons of wheat, 4.2 million tons of yellow corn, and 2.2 million tons of soybeans, according to official data.
 Source:  gypttoday.com
Jun 26, 2025 News Image ICRISAT Introduces ‘Rapid-Ragi’ Speed Breeding Protocol to Accelerate Finger Millet Research.
International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) has introduced the world’s first speed breeding protocol for finger millet, a breakthrough that could significantly enhance crop research and food security across Asia and Africa. Named ‘Rapid-Ragi’, the protocol reduces the crop’s typical growing cycle from 100–135 days to just 68–85 days, enabling up to five generations per year, far exceeding the traditional one or two cycles achieved in open fields.
 Source:  krishijagran.com
Jun 26, 2025 News Image Govt Plans ‘Crop War’ on Pulses, Oilseeds, Soybean, Cotton and Sugarcane to Boost Agricultural Growth: Shivraj Singh Chouhan.
Union Agriculture Minister Shivraj Singh Chouhan chaired a high-level review meeting on June 24, 2024, at the ICAR Pusa Campus in New Delhi to assess the progress of the ‘Viksit Krishi Sankalp Abhiyan’. The campaign, conducted from May 29 to June 12, is part of the government's vision to transform Indian agriculture under Prime Minister Narendra Modi’s ‘Lab to Land’ initiative. More than 2,170 nodal officers participated in the review, both in person and virtually, sharing key insights, field-level experiences, and outcomes from the campaign.
 Source:  krishijagran.com
Jun 26, 2025 News Image Not necessary to be in SEZs to export, now it can be done from districts: FM Sitharaman.
The Modi government’s approach towards enhancing India’s exports has meant that exporters no longer have to be located in Special Economic Zones (SEZs) to export their goods, Union Finance Minister Nirmala Sitharaman said on Tuesday (June 24, 2025), adding that India’s export growth has surpassed that seen globally.
 Source:  thehindu.com
Jun 26, 2025 News Image Basmati export centre coming up in Pilibhit to boost premium production.
Farmers in Pilibhit are preparing to take their high-quality Basmati rice to over 100 countries with support from the Agricultural and Processed Food Products Export Development Authority (APEDA). To boost exports and improve local production, APEDA is setting up Uttar Pradesh's second Basmati Export Development Foundation (BEDF) in Pilibhit, following a Rs 10 crore project in Meerut.The move comes after efforts by Union minister of state for commerce and industry Jitin Prasada who is also the MP of Pilibhit.
 Source:  timesofindia.indiatimes.com