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Jun 20, 2025 News Image Rajasthan’s procurement push propels India’s wheat purchase to four-year high.
Thanks to an extended and robust procurement drive in Rajasthan, India’s wheat procurement for the current season, which began on April 1, has successfully reached 30 million tonnes (mt). This significant achievement – the highest in four years – provides the government with a crucial buffer to intervene in the open market should prices begin to escalate.
 Source:  thehindubusinessline.com
Jun 20, 2025 News Image India to focus on robust pacts with developed nations: Piyush Goyal.
'India's focus is on entering into robust trade agreements with the developed world, commerce and industry minister Piyush Goyal said on Thursday. 'Our focus is on entering into robust trade agreements with the developed world,' Goyal said at an event in London.
 Source:  economictimes.indiatimes.com
Jun 20, 2025 News Image India's robust trade with G7 nations, except Canada, signals strong economic ties: Report.
India has experienced a healthy and growing trade relations with G7 nations, outlining deepening economic engagement and cooperation, according to a report by data science company, Rubix. G7 nations or the Group of Seven (G7) is an intergovernmental political and economic forum consisting of US, UK, Germany, France, Italy, Canada, and Japan.
 Source:  economictimes.indiatimes.com
Jun 20, 2025 News Image Indian rapeseed meal exports soar as China replaces Canadian supply.
China is set to make record purchases of rapeseed meal from India following Beijing's move to impose a 100% retaliatory tariff on Canadian imports, senior industry officials said. India's rapeseed meal exports will help China, the world's top consumer, replace imports from Canada while easing pressure on local rapeseed prices in India where there are large stockpiles of the widely used animal feed.
 Source:  economictimes.indiatimes.com
Jun 20, 2025 News Image Focused on doing trade deals to complement, not compete: Piyush Goyal.
India is in trade dialogues with countries with whom it doesn't compete but can complement the economies involved, Commerce and Industry Minister Piyush Goyal said here on Thursday. Addressing an India Global Forum (IGF) session on UK-India Science, Technology and Innovation Collaboration at the Science Museum, the minister elaborated on the opportunities that trade deals open up - bilaterally and to the wider global economy.
 Source:  economictimes.indiatimes.com
Jun 19, 2025 News Image Union Minister of Commerce and Industry Shri Piyush Goyal Embarks on Official Visit to the United Kingdom from 18–19 June 2025.
Union Minister of Commerce and Industry Shri Piyush Goyal is on a high-level official visit to the United Kingdom from 18th to 19th June 2025. The visit underscores India’s strategic focus on strengthening its economic and trade partnership with the UK, particularly in the backdrop of the announcement by the two Prime Ministers to conclude the India–UK Free Trade Agreement (FTA).
 Source:  .pib.gov.in
Jun 19, 2025 News Image Developed world nowhere close to India in Fintech: Finance Minister.
Praising India's Fintech revolution, Finance Minister Nirmala Sitharaman has said that even advanced countries are nowhere close to the kind of progress India is witnessing. 'This is something very unique to Indian Fintech. Several countries are now eager to engage with us, often requesting deeper interactions,' she said while addressing the Digital Payments Award ceremony on Monday.
 Source:  newindianexpress.com
Jun 19, 2025 News Image Kashmir’s premium cherries make historic debut in Middle East markets.
A premium commercial consignment of cherries from Jammu and Kashmir has reached markets in Saudi Arabia and the United Arab Emirates for the first time, marking a new chapter in the global journey of the Union Territory’s high-value produce. The exported cherries were carefully hand-picked, graded, and packed in temperature-controlled conditions before being airlifted to Gulf markets.
 Source:  deccanherald.com
Jun 19, 2025 News Image 'India's exports share growth among fastest over 2010-23'.
India's export sector demonstrates resilience. A new report suggests a steady upward trend from 2010 to 2023. India's growth rate is the highest among major economies. The country outperforms the EU, China, and the US. Trade policies and export initiatives contribute to global integration. Total exports reached $776.3 billion in 2022-23.
 Source:  timesofindia.indiatimes.com
Jun 19, 2025 News Image FAS USDA forecasts record Indian rice harvest and exports.
In the 2025/2026 season, which begins on October 1, India may harvest 150 million tonnes of rice, the Foreign Agricultural Service of the US Department of Agriculture (FAS USDA) predicts. The current season’s harvest is estimated at a record 149.0 million tonnes. From October 2024 to March 2025, India has already exported 12.7 million tonnes of rice, which is 5.6 million tonnes more than in the same period last season. If the export pace does not slow down until the end of the season, the volume of rice exports for the entire current season will amount to a record 24.5 million tonnes.
 Source:  ukragroconsult.com