23 Jul, 2024 News Image PM Modi, Luxembourg counterpart reiterate commitment to enhance investment and trade ties .

Prime Minister Narendra Modi in a conversation with Luxembourg Prime Minister Luc Frieden reiterated commitment to strengthen relations in areas of trade, and investment.


 Source:  aninews.in
23 Jul, 2024 News Image Economic Survey: PLI, FTAs to aid India s trade deficit decline; protectionism, lower demand risk export growth.

Fall in demand from major trading partners such as the US, rising trade costs, protectionism, commodity price volatility and changes in trade policies by major trading partners or geopolitical developments are risks to India’s export opportunities and market access, according to the Economic Survey 2023-24.


 Source:  economictimes.indiatimes.com
23 Jul, 2024 News Image Malaysia Keen On 'Friendly Trade Ties' With India.

Due to the impact of India's export restrictions on rice, sugar, and onions, Malaysian Minister for Plantation and Commodities Datuk Seri Johari Abdul Ghani expressed a desire for 'friendly ties' and proposed an arrangement to secure supplies from India. 


 Source:  businesstoday.in
23 Jul, 2024 News Image Exclusive: India-Peru Free Trade Agreement to be finalised soon.

The burgeoning trade relationship between India and Peru reflects a strategic alliance marked by significant economic exchanges and collaborative potential. 


 Source:  financialexpress.com
23 Jul, 2024 News Image Export of processed foods grew to 23.4% in FY23, shows Economic Survey report.

Focus on the food processing industry has begun to yield results. The latest Economic Survey shows that processed food exports from India have grown significantly over the five-year period between 2017-18 and 2022-23.


 Source:  businesstoday.in
23 Jul, 2024 News Image Agriculture sector has registered an Average Annual Growth rate of 4.18 Percent over the last five years : Economic Survey.

Economic Survey 2023-24 presented in the Parliament today by Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman. Economic Survey says that smallholder farmers need to move to high-value agriculture. The Survey says once the incomes of smallholders increases, they will demand manufactured goods, spurring a  manufacturing revolution.


 Source:  pib.gov.in
23 Jul, 2024 News Image Economic Survey Conservatively projects a real GDP Growth of 6.5-7 Percent in FY25.

Economic Survey 2023-24 was tabled in Parliament today by Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman. The main highlights of the Economic Survey are as follows.


 Source:  pib.gov.in
22 Jul, 2024 News Image India trade talks set to be revived with first major UK ministerial visit.
The renewed parameters of the India-UK free trade agreement negotiations are set to be defined this week as UK Foreign Secretary David Lammy is expected in India on Tuesday, the first high-profile visit under the newly elected Labour government in Britain.
 

 Source:  economictimes.indiatimes.com
22 Jul, 2024 News Image Farmers Doing Natural Farming for Three Years Will Get Subsidy: Shivraj Singh Chouhan.

Union Minister for Agriculture and Farmers’ Welfare Shri Shivraj Singh Chouhan addressed the 'Regional Consultation Program on the Science of Natural Farming' yesterday in Lucknow. On the occasion, Shri Shivraj Singh Chouhan said that while fulfilling the Prime Minister’s dream of 'saving Mother Earth from chemicals', we will try our best that in the coming times, farmers do chemical-free farming so that the coming generation remains healthy.


 Source:  en.krishakjagat.org
22 Jul, 2024 News Image Goyal likely to attend Brics trade ministers' meeting in Moscow on July 26.
Commerce and Industry Minister Piyush Goyal is expected to attend the BRICS trade ministers' meeting in Moscow on July 26, an official said on Friday.
BRICS members are Brazil, Russia, India, China, and South Africa.

 Source:  business-standard.com