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Union Minister of Commerce and Industry Shri Piyush Goyal holds meetings with counterparts at G7 Trade Ministers’ meet in Italy.

Jul 18, 2024

Union Minister of Commerce and Industry, Shri Piyush Goyal, attended the G7 Trade Ministers' meeting held at Villa San Giovanni, Reggio Calabria, Italy. The meeting served as a pivotal platform for discussions on enhancing global trade relations and economic cooperation. On the sidelines of the meeting, Shri Goyal engaged in several high-level bilateral meetings with his international counterparts, reflecting India's commitment to fostering stronger economic partnerships globally.

    
Source: pib.gov.in



Looking at setting up centre for negotiations on FTAs, other biz deals: Comm Secy.

Jul 18, 2024

The commerce ministry is looking at setting up a centre for negotiations, as this is an important skill set required in areas like free trade agreements and other business deals, a top government official said on Tuesday. Addressing students and faculties of the Indian Institute of Foreign Trade (IIFT) here, Commerce Secretary Sunil Barthwal said the centre can also help in creating a skill set among students of the institute.

    
Source: economictimes.indiatimes.com



Agriculture and agriculture related sectors will play an important role in Prime Minister Narendra Modi's resolve to make India developed by 2047: Shri Chouhan

Jul 18, 2024

Union Agriculture and Farmers’ Welfare Minister Shri Shivraj Singh Chouhan inaugurated the 96th Indian Council of Agricultural Research Foundation and Technology Day 2024 at New Delhi today.

    
Source: pib.gov.in



India hopeful to exceed $800 billion in exports this fiscal, first quarter goods exports crosses $200 billion.

Jul 18, 2024

India is hopeful of exceeding $800 billion in exports this fiscal year with overall exports crossing $200 billion in the first quarter of the fiscal.
'The quarterly figures are quite optimistic. If this trend continues, we will be crossing $800 billion in exports this fiscal,' said Commerce Secretary Sunil Barthwal on Monday.
 
    
Source: businesstoday.in



Upward march: IMF raises India's GDP growth forecast for FY25 to 7%.

Jul 18, 2024

The International Monetary Fund (IMF) Tuesday raised India's FY25 growth projection to 7% from 6.8% forecast in April, retaining the country's fastest-growing economy tag. The latest upgrade reflects carryover from upward revisions in 2023 and takes into account improved prospects for private consumption, particularly in rural areas.

    
Source: economictimes.indiatimes.com



Piyush Goyal holds meetings to increase bilateral trade with UK, Germany and Italy.

Jul 18, 2024

Union Commerce and Industry Minister Piyush Goyal held a meeting with Italian Deputy PM Antonio Tajon the sidelines of the G7 Trade Ministers' Meeting in Italy.

    
Source: economictimes.indiatimes.com



India nears signing clean, fair economy pacts in US-led IPEF.

Jul 18, 2024

India is likely to soon be able to sign the clean economy and fair economy agreements under the US-led Indo Pacific Economic Framework for Prosperity (IPEF) as the Cabinet notes on the pacts are in an advanced stage of finalisation, official sources have said.

    
Source: thehindubusinessline.com



IMEC: India’s Strategic Gateway to Transforming Global Trade and Connectivity.

Jul 18, 2024

Despite initial doubts, the India-Middle East-Europe Economic Corridor (IMEC) has survived and thrived since the initial MoU was signed in September 2023.

    
Source: financialexpress.com



India, Indonesia, Australia resolve to work towards free Indo-Pacific.

Jul 18, 2024

India, Indonesia and Australia on Tuesday reaffirmed their commitment to work towards a free, open and rules-based Indo-Pacific. The overall situation in the Indo-Pacific came up for review at a 'focal points' meeting of the India-Indonesia-Australia trilateral dialogue.

    
Source: economictimes.indiatimes.com



Project Mango Unnati aims to enhance sustainable agriculture in India.

Jul 18, 2024

Coca-Cola India, in partnership with Gram Unnati, has initiated 'Project Mango Unnati' to advance sustainable mango farming in Karnataka, focusing on Alphonso and Totapuri mango varieties.

    
Source: freshplaza.com



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