Despite initial doubts, the India-Middle East-Europe Economic Corridor (IMEC) has survived and thrived since the initial MoU was signed in September 2023.
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.
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.
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.
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.
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.
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.
The food authority has issued an order making it mandatory to use FSSAI test methods for testing of fortificants (iron, Vitamin B9 and Vitamin B12) in Fortified Rice, Fortified Rice Kernel and Vitamin-Mineral Premix for Fortified Rice Kernel.
