1. Home
  2. Market Intelligence
  3. Market News
Back
17 Dec, 2024 News Image India-UAE deepen ties, focus on energy, trade, connectivity.

India and the United Arab Emirates (UAE) held the 15th Joint Commission Meeting (JCM) on Friday, reaffirming their focus on strengthening energy, trade, and connectivity ties. External Affairs Minister S. Jaishankar and UAE Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan co-chaired the meeting, underscoring the robust India-UAE Comprehensive Strategic Partnership.


 Source:  indbiz.gov.in
17 Dec, 2024 News Image 500cr project for apple horticulture rejuvenation.
Himachal Pradesh chief minister Sukhvinder Singh Sukhu announced on Monday that the state govt was considering a Rs 500 crore project dedicated to the rejuvenation of apple horticulture.
He said the project would be implemented over five years and would focus on promoting high-density plantations to enhance farmers’ incomes and strengthen the rural economy.
 

 Source:  timesofindia.indiatimes.com
17 Dec, 2024 News Image UK-India Trade Talks to Resume in January: Commerce Secretary.
The UK has suggested to resume the talks for the proposed free trade agreement in January next year, Commerce Secretary Sunil Barthwal said on Monday.
The talks for the proposed FTA began in January 2022. The 14th round of talks stalled as the two nations stepped into their general election cycles.

 Source:  money.rediff.com
17 Dec, 2024 News Image The cumulative overall exports during April-November 2024 is estimated at USD 536.25 Billion, as compared to USD 498.33 Billion in April-November 2023, with an estimated growth of 7.61%.

India’s total exports (Merchandise and Services combined) for November 2024* is estimated at USD 67.79 Billion, registering a positive growth of 9.59 percent vis-à-vis November 2023. Total imports (Merchandise and Services combined) for November 2024* is estimated at USD 87.63 Billion, registering a positive growth of 27.47 percent vis-à-vis November 2023.


 Source:  pib.gov.in
17 Dec, 2024 News Image MFN status suspension by Switzerland not to impact EFTA trade pact with India: Commerce Secy.
Swiss suspension of the most favoured nation clause in the Double Taxation Avoidance Agreement (DTAA) will not have any impact on the commitments signed in a trade agreement between India and the EFTA bloc, a top government official said on Monday.
 

 Source:  economictimes.indiatimes.com
17 Dec, 2024 News Image India, Sri Lanka eye deeper trade, investment collaboration.

The bilateral meeting between Prime Minister Narendra Modi and Sri Lankan president Anura Kumara Dissanayake marked a notable advancement in relations, with both nations acknowledging the benefits of the India-Sri Lanka Free Trade Agreement (ISFTA) and consenting to strengthen trade settlements in their respective currencies.


 Source:  timesofindia.indiatimes.com
16 Dec, 2024 News Image India's per capita availability of fruits and vegetables increases by 7 kg and 12 kg over last decade: Report.

Per capita availability of fruits and vegetables has increased by 7 kg and 12 kg, respectively, over the past ten years, according to State Bank of India (SBI) report.


 Source:  economictimes.indiatimes.com
16 Dec, 2024 News Image Bangladesh: 3,320 tonnes rice imported from India thru Benapole in 25 days.

'Eight importing companies including Mahbubul Alam Food Products, Ark Trading, and Sardar Enterprise, imported the rice,' Abu Taher, revenue officer of the Benapole Checkpost Cargo Branch, told The Business Standard today (14 December).


 Source:  tbsnews.net
16 Dec, 2024 News Image Sri Lankan President Dissanayake begins India visit with talks on trade, security.

Sri Lankan President Anura Kumara Dissanayaka held discussions with Indian External Affairs Minister S. Jaishankar and National Security Adviser Ajit Doval on Sunday (December 15), marking the start of his three-day visit to India.


 Source:  firstpost.com
16 Dec, 2024 News Image Empowering self-help groups in Food Processing Industries.

Ministry of Food Processing Industries is supporting Self-Help Groups (SHGs) engaged in Food Processing activities through its schemes. Under Centrally Sponsored PM Formalisation of Micro Food Processing Enterprises (PMFME) Scheme, Ministry provides grants for Seed Capital  up to Rs. 40,000/per member of SHG.  Individual SHG member  can avail credit linked grant @35% of the project cost with maximum ceiling of Rs.10 lakh as a single unit of food processing enterprise. SHGs are also eligible for assistance under relevant component schemes of Central Sector Pradhan Mantri Kisan SAMPADA Yojana (PMKSY).


 Source:  pib.gov.in