02 Aug, 2024 News Image Government policies have potential to boost Rupee: Shri Piyush Goyal.

Union Minister of Commerce & Industry, Shri Piyush Goyal during an interaction here expressed hope that government efforts to boost semiconductor manufacturing, domestic shipping and a reduction in imports of oilseeds, rubber and pulses will help the rupee appreciate against the dollar.


 Source:  pib.gov.in
02 Aug, 2024 News Image Comprehensive Economic Partnership Agreement helped trade between UAE, India increase by 15%.

Vijayawada, The Ambassador of the United Arab Emirates to India, Abdulnasser Alshaali, on Thursday said here that bilateral trade between the Middle Eastern country and India rose by 15 per cent to USD 83.6 billion in fiscal 2023-24, powered by the Comprehensive Economic Partnership Agreement.


 Source:  economictimes.indiatimes.com
02 Aug, 2024 News Image India s $300m credit line to Vietnam for maritime trade.

India and Vietnam have signed loan agreements worth $300 million through a credit line that will help the Southeast Asian nation to undertake and complete its maritime projects.


 Source:  newindianexpress.com
02 Aug, 2024 News Image Groundnut sowing in Gujarat crosses 18 lakh hectares for 1st time since 2021.

For the first time since 2021, groundnut sowing in Gujarat has crossed 18 lakh hectares (lh) during the ongoing kharif season 2024. Lower yields from cotton crop, pink bollworm infestation and possible presence of fake Bt cotton seeds are luring more farmers to pick groundnut, experts say.


 Source:  thehindubusinessline.com
02 Aug, 2024 News Image Secretary General of ASEAN receives the Indian Chief Negotiator for ASEAN-India Trade in Goods Joint Committee.

Secretary-General of ASEAN Dr. Kao Kim Hourn today met with the Indian Chief Negotiator for the ASEAN-India Trade in Goods Joint Committee (AITIGA-JC), Mr. Rajesh Agrawal at the ASEAN Headquarters/ASEAN Secretariat. They discussed the progress on the review of AITIGA and explored potential areas, including economic cooperation between ASEAN and India, so as to make the review as comprehensive as possible.


 Source:  asean.org
02 Aug, 2024 News Image Pradhan Mantri Kisan Sampada Yojana is a comprehensive package of component schemes, which aimed at creation of modern infrastructure with efficient supply chain management from farm gate to retail outlet.

The Ministry of Food Processing Industries (MoFPI) has been implementing a Central Sector umbrella scheme – Pradhan Mantri Kisan Sampada Yojana (PMKSY) since 2017-18. The PMKSY is one of the important interventions by the Government in Food Processing sector and it has made substantial contribution in strengthening Food Preservation and Processing Infrastructure of the country. 


 Source:  pib.gov.in
02 Aug, 2024 News Image Indian Embassy In Bhutan Concludes Four-Day Workshop On Food Import Regulations, Strengthening Bilateral Trade.

A four-day comprehensive capacity-building workshop organised by the Indian Embassy in Bhutan on food import regulations and requirements has concluded today. The workshop was held as a part of awareness sessions led by the Food Safety and Standards Authority of India.


 Source:  newsonair.gov.in
02 Aug, 2024 News Image More NABL accredited labs to improve robustness of food safety system.

In an effort to thwart contamination of food additives following elevated levels of carcinogenous ethylene oxide in products exported to Singapore and Hong Kong by spice manufacturing companies, the Government, in the recent Union Budget, announced 100 new NABL labs.


 Source:  fnbnews.com
01 Aug, 2024 News Image Held up for months, import of tur dal from Mozambique resumes after MEA s intervention.

The shipments of Tur/Pigeon peas from Nacala Port in Mozambique, disrupted by an 'anti-India' group, have resumed after the Ministry of Consumer Affairs raised the issue with the Ministry of External Affairs and the Indian High Commissioner there persuaded the matter with the local authorities, The Indian Express has learnt.


 Source:  indianexpress.com
01 Aug, 2024 News Image Foodpro 2024 - 300 exhibitors, 20,000 visitors, int l pavilions.

With ‘Accelerating Growth Scale for Food Industries’ running through as its theme, the 15th edition of Foodpro 2024 is all set for its next edition featured at Chennai Trade Centre, Chennai, from August 9 to 11, 2024.


 Source:  fnbnews.com