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Apr 24, 2025 News Image Indian govt reiterates it will buy 100% of pigeonpeas produced by farmers at MSP.
The Indian government has reiterated that it will procure 100 per cent of the tur (arhar or pigeonpeas) produced by farmers at the minimum support price (MSP) of Rs. 7,550 a quintal. The reiteration comes as the Centre extended the procurement timeline in Andhra Pradesh by a month for the pulse crop. In a statement, the Agriculture Ministry said the procurement at MSP through National Agricultural Cooperative Marketing Federation of India Ltd (Nafed) and National Cooperative Consumers’ Federation of India Ltd (NCCF) was in progress in Andhra Pradesh, Gujarat, Karnataka, Maharashtra and Telangana. A total quantity of 3.92 lakh tonnes of tur has been procured in these States, benefitting over 2.56 lakh farmers.
 Source:  thehindubusinessline.com
Apr 24, 2025 News Image Union Agriculture Secretary Shri Manoj Ahuja reviews Ministry’s major programmes and schemes for the North Eastern Region.
Shri Manoj Ahuja, Secretary, Department of Agriculture and Farmers Welfare (DA&FW), Government of India chaired a high level meeting at the Central Institute of Horticulture (CIH), Medziphema, Nagaland on 12th November 2022 to review the Ministry’s major programmes and schemes for the North Eastern Region (NER). Senior officials of all eight North-Eastern states participated in the deliberations.
 Source:  pib.gov.in
Apr 24, 2025 News Image Huge export potential for alcoholic beverages; may reach $1 bn by 2030: APEDA Chairman.
Indian alcoholic beverages have huge potential in the global markets and the country has a lot of good products including gin, beer, wine, and rum to offer to the world, a senior government official said on Wednesday. He exuded confidence that the country's exports of alcoholic beverages will reach USD 1 billion by 2030 from the current USD 370.5 million.
 Source:  economictimes.indiatimes.com
Apr 24, 2025 News Image India to slow but lead world: IMF.
The International Monetary Fund (IMF) Tuesday pared India's FY26 growth forecast to 6.2%, a cut of 30 basis points from its January projection, and slashed that for the global economy in calendar year 2025 by 50 basis points to 2.8%, citing trade tensions and enhanced uncertainty due to US tariffs. India will remain the fastest growing among emerging and advanced economies, as per the IMF's projections.
 Source:  economictimes.indiatimes.com
Apr 24, 2025 News Image FTA talks: Global trade in focus as Indian officials to visit US, UK, EU, EFTA countries.
Indian officials can look forward to a packed 10 days full of pre-negotiation talks and consultations with several countries and trading blocs. India's negotiating team, led by Additional Secretary Rajesh Agrawal from the Department of Commerce, is in the United States for a 3-day visit to sort out pending issues before launching negotiations for a bilateral trade agreement (BTA).
 Source:  cnbctv18.com
Apr 24, 2025 News Image Tur procurement continues in major Tur producing states.
In order to incentivize the farmers contributing for the enhancement of domestic production of pulses and to reduce the dependence on imports, the Government has approved the procurement of Tur, Urad and Masur under Price Support Scheme (PSS) equivalent to 100% of the production of the state for the procurement year 2024-25. The Government has also made an announcement in Budget 2025 that the procurement of Tur (Arhar), Urad and Masur would be undertaken 100% of the production of the State for another four years up to 2028-29 through Central Nodal Agencies namely NAFED and NCCF to achieve self- sufficiency in pulses in the country.
 Source:  pib.gov.in
Apr 24, 2025 News Image India first to seal trade pact terms with Trump 2.0 as talks set to begin.
India and the US have finalised the terms of reference for the proposed Bilateral Trade Agreement (BTA), laying a platform for formal negotiations to start. This is the first such framework finalised by the new Donald Trump administration for a trade deal.
 Source:  economictimes.indiatimes.com
Apr 24, 2025 News Image No butter deal yet: India reportedly draws red line on US dairy over animal feed practices.
As India and the United States race to seal a comprehensive trade pact by the fall of 2025, a key sticking point has emerged that could derail negotiations: dairy imports. According to a report by Mint, Indian negotiators have drawn a firm line on the import of American dairy products, citing significant differences in animal feeding practices. Unless the US agrees to either alter these practices or adopt India’s vegetarian certification norms, dairy items such as butter and cheese will remain off the table, the report said, quoting three people familiar with the talks.
 Source:  moneycontrol.com
Apr 24, 2025 News Image India's exports to Pakistan at 5-year high in 2024 defying bilateral tensions.
India’s merchandise exports to Pakistan reached a five-year high of $1.21 billion in 2024 despite tense ties between the two neighbours. The relations between the two countries are in the spotlight again after the April 22 terror strike in Jammu and Kashmir's Pahalgam left at least 26 people dead. The Resistance Front, a proxy of Pakistan-based Lashkar-e-Taiba, has claimed responsibility for one of the deadliest strikes against civilians in recent years.
 Source:  moneycontrol.com
Apr 23, 2025 News Image Amid an ongoing tariff war, it’s not all roses for India’s flower exports.
It’s not looking all rosy for India’s flower exports, as the Trump tariffs are expected to weigh on this category, aside of big-ticket export items such as steel, aluminium and auto components, a Moneycontrol analysis has shown. US was the top importer of cut flowers from India, accounting for nearly a third of India’s overall flower exports in 2024-25. Of the $18.5 million worth of flowers exported in the first 10 months of FY25, around $5.5 million headed to the American shores, with another $3.1 million going to the United Arab Emirates and $2.7 million to Malaysia. Together, the three nations have a 60 percent share in India’s exports of cut and fresh flowers.
 Source:  moneycontrol.com