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Jun 18, 2025 News Image As EU's green trade rules kick in, India works policy shifts.
While India and the European Union (EU) are ready to close a key trade pact, various Indian ministries are working on several rulebook shifts to align with a slew of new, stricter 'green' regulations by the EU that will come into effect within a year and are bound to impact Indian trade across sectors from coffee export to import of scrap. The Union Ministry of Environment, Forests & Climate Change is at the forefront of the exercise, readying rulebook shifts and mechanisms to align with the incoming 'green' regime at the EU.
 Source:  economictimes.indiatimes.com
Jun 18, 2025 News Image No new tariffs after Bilateral Trade Agreement: India wants US assurance.
India wants an assurance from the US that no additional tariffs will be imposed by the Donald Trump administration once the bilateral trade agreement (BTA) is finalised, said people familiar with the matter. The deal is in the final stages of negotiation and both sides are hopeful of reaching accord quickly. India has sought concessions for labour-intensive sectors such as leather and textiles. 'We have put everything on the table,' said one of the persons, adding that India wants stability in tariffs once a deal is rolled out.
 Source:  economictimes.indiatimes.com
Jun 18, 2025 News Image India's exports show steady growth from 2010 to 2023.
India's export trajectory from 2010 to 2023 has shown a consistent and steady upward trend, reflecting the resilience and dynamism of its trade sector, an official said on Tuesday. Citing an UNCTAD report, the official said that over the period from 2010 to 2023, India has been one of the fastest-growing major economies in terms of its share of global exports, achieving a growth rate of 6.3 per cent.
 Source:  economictimes.indiatimes.com
Jun 18, 2025 News Image Paddy sowing up 13% to 4.53 lakh hectare till June 13 this year: Govt.
Paddy sowing so far this Kharif season is higher by 13 per cent at 4.53 lakh hectares, according to the government data. Sowing of paddy stood at 4 lakh hectares in the same period last year.
 Source:  economictimes.indiatimes.com
Jun 17, 2025 News Image GI tag sought for Kollimalai Coffee and Jackfruit.
The Patent Information Centre of Tamil Nadu State Council for Science and Technology (TNSCST), Chennai has filed applications seeking Geographical Indication (GI) tag for Kollimalai Coffee and Kollimalai Palappazham. TNSCST is an autonomous organization under the Department of Higher Education, Government of Tamil Nadu. 'We have instituted IPR cells at 40 educational institutions across Tamil Nadu. And each of them have been allocated a product which has a potential to earn a GI tag. These institutions do the research work,' S.Vincent, Member Secretary of TNSCST told The Hindu.
 Source:  thehindu.com
Jun 17, 2025 News Image Namakkal poultry industry achieves major leap; exports eggs to US.
In a significant leap for the poultry industry in Tamil Nadu’s Namakkal district, a consignment of one crore eggs has been shipped to the United States for the first time, meeting that country’s strict standards. The eggs, supplied by two firms and dispatched from V O Chidambaranar Port in Thoothukudi, are expected to reach US shores in the coming days.
 Source:  deccanherald.com
Jun 17, 2025 News Image India-U.S. trade talks stall over agriculture and GM crops.
India and the United States continue intricate negotiations over a Bilateral Trade Agreement involving agricultural products, with apples, corn, and soybeans emerging as contentious points. The ongoing dialogue could delay the agreement beyond the anticipated July 8 deadline.
 Source:  freshplaza.com
Jun 17, 2025 News Image India, European Union committed to free trade agreement by year-end: PM in Cyprus.
Prime Minister Narendra Modi on Sunday began his five-day, three-nation visit with a stop in Cyprus, marking the first visit by an Indian Prime Minister to the island nation in over two decades. He was received at the airport by Cyprus President Nikos Christodoulides. The key highlight of the visit was his address at the India-Cyprus CEO Forum in Limassol, where he pitched India as a hub of digital innovation, infrastructure development and economic opportunity. He also mentioned that India and the European Union are working towards a free trade agreement by the end of this year.
 Source:  indiatoday.in
Jun 17, 2025 News Image Union Minister Sarbananda Sonowal announces major infra push to boost Inland Waterways in Bihar.
Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal announced major infra push to boost Inland Waterways in Bihar. The announcements were made at the inaugural session of the Consultative Workshop on Inland Waterways Development on National Waterways-1 (river Ganga), a first such workshop held in Patna, today.
 Source:  pib.gov.in
Jun 17, 2025 News Image The cumulative exports (merchandise & services) during April-May 2025 is estimated at US$ 142.43 Billion, as compared to US$ 134.69 Billion in April-May 2024, an estimated growth of 5.75%.
India’s total exports (Merchandise and Services combined) for May 2025* is estimated at US$ 71.12 Billion, registering a positive growth of 2.77 percent vis-à-vis May 2024. Total imports (Merchandise and Services combined) for May 2025* is estimated at US$ 77.75 Billion, registering a negative growth of (-) 1.02 percent vis-à-vis May 2024.
 Source:  pib.gov.in