1. Home
  2. Market Intelligence
  3. Market News
Archive
Apr 29, 2025 News Image UP aims to triple exports to Rs 5 lakh cr in next five years with help of new policy.
Uttar Pradesh is working on a policy to promote exports and triple the outbound shipment from the state to over Rs 5 lakh crore in the next five years by tapping new markets and products. To achieve the target, the state government is working on a new export policy for 2025-30 which is expected to be approved soon.
 Source:  economictimes.indiatimes.com
Apr 29, 2025 News Image Record Myanmar crop, higher rabi and zaid output to weigh on urad prices.
Prices of urad or black matpe continue to trend lower on weak demand. This comes amidst good rabi crop arrivals and expectations of higher imports from Myanmar, which has harvested a record crop this year. Also, with summer crop set to hit the markets in state such as Gujarat and Madhya Pradesh in the weeks ahead, the prices are likely to come under further pressure, trade sources said.
 Source:  thehindubusinessline.com
Apr 29, 2025 News Image FTA talks with UK in advanced stage: Trade minister Piyush Goyal.
India and the UK on Monday held discussions to advance negotiations on the free trade agreement (FTA). Commerce and industry minister Piyush Goyal, who is on a two-day visit to London, said he held a 'productive' meeting with UK's Secretary of State for Business and Trade, Jonathan Reynolds, to give an impetus to the talks, which are in their advanced stages.
 Source:  economictimes.indiatimes.com
Apr 29, 2025 News Image India, UK Spar Over Key Issues as Trade Pact Nears Finish Line.
Talks between the UK and India on a free trade agreement have entered the final stretch, with both sides now wrangling over five unresolved issues, according to an official in New Delhi familiar with the matter. India’s Commerce and Industry Minister Piyush Goyal will tackle some of these issues during his two-day visit to the UK that begins Monday, the person said, asking not to be identified as the discussions are private. He is scheduled to meet Business and Trade Secretary Jonathan Reynolds and Chancellor of the Exchequer Rachel Reeves, the person added.
 Source:  bloomberg.com
Apr 29, 2025 News Image High US tariffs pushing Chinese exporters to tap Indian firms for shipments to America: FIEO.
American sourcing firms and exporters in China are approaching Indian companies to supply goods to the US as high tariffs imposed by Washington are making it difficult for them to ship directly to America, apex exporters' body FIEO said on Monday. The US has imposed 145 per cent tariffs on Chinese goods entering the American market. For India, the duty is just 10 per cent.
 Source:  economictimes.indiatimes.com
Apr 29, 2025 News Image Rwanda’s rice imports top $300m: Will local farmers cash in.
Rwanda’s annual rice imports surged from 417,862 tonnes in 2023, to 508,852 tonnes in 2024 – implying a 21 per cent rise – according to the Ministry of Trade and Industry. This rise pushed the import bill from $238.9 million to $317.2 million, marking a 32 per cent jump. The national demand went up from 504,649 tonnes in 2023 to 596,938 tonnes in 2024.
 Source:  newtimes.co.rw
Apr 29, 2025 News Image Govt collating data of indirect exports of Indian goods to Pakistan from third countries: Sources.
The government is collating data to figure out the quantum of indirect exports of Indian goods to Pakistan from third countries in a bid to check such rerouting of shipments to the neighbouring country, sources said. The government is working with the industry to look into alternate routes for shipments of goods through air route in the backdrop of Pakistan closing its air space for Indian carriers, they said.
 Source:  economictimes.indiatimes.com
Apr 29, 2025 News Image Gadchiroli to seek GI tag for unique ‘collector mango’ grown in Sironcha.
Gadchiroli is promoting the ‘Collector mango' as the district's own brand of mangoes. The agriculture department in the Maoist-affected Gadchiroli is planning to secure a Geographical Indication (GI) tag for a variety of mango grown in Sironcha, a remote tehsil of the district. It's called the Collector mango. The story goes that the fruit was introduced to farmers in Gadchiroli by a British-time collector, named Glassford, giving it the name. During the Raj, Gadchiroli was part of the Upper Godavari district, which covered parts of present-day Telangana as well.
 Source:  timesofindia.indiatimes.com
Apr 29, 2025 News Image APEDA and Odisha Govt Organise Capacity Building Workshop in Bhubaneswar to Boost State’s Agricultural Exports.
The Agricultural and Processed Food Products Export Development Authority (APEDA) and the Government of Odisha jointly organized a workshop and capacity building program aimed at increasing the export of agricultural products from Odisha. The event took place at Dr. M.S. Swaminathan Hall, Odisha University of Agriculture and Technology (OUAT), Bhubaneswar, on April 25, 2025. The workshop featured over 10 stalls showcasing Farmer Producer Organizations (FPOs), women agripreneurs, government departments, and exporters from across the state. A variety of geographical indication (GI) tagged and specialty products were exhibited, including Koraput Kalajeera Rice, Nayagarh Kanteimundi Brinjal, Ganjam Kewda Flower Products, Koraput Coffee, Kandhamal Haldi Powder, Kendrapara Rasabali, Salepur Rasagolla, Khajuri Gud, Dhenkanal Magaji Ladoo, and Mayurbhanj Kai Chutney.
 Source:  krishijagran.com
Apr 29, 2025 News Image India and UK intensify push for trade agreement amid US tariff threats; Goyal in UK to resolve sticking points.
Union minister for commerce and industry, Piyush Goyal, arrived in London on Monday for two days of high-level talks aimed at accelerating the progress of the India-UK free trade agreement (FTA). The discussions highlight both countries' determination to strengthen their economic relationship, particularly amid the challenges posed by the current global trade environment, which has been reeling under tariff hikes announced by US President Donald Trump.
 Source:  livemint.com