16 Jul, 2024 News Image India's FY24 goods exports to Europe highest in a decade.
India’s merchandise trade with European countries was the highest in a decade in 2023-24, the commerce ministry data shows. The trade performance was the second highest in 10 years in the case of North American nations, it reveals. Together, these two regions account for close to 25% of India’s overall foreign trade in goods.
 

 Source:  fortuneindia.com
16 Jul, 2024 News Image Huge investment opportunities in India: Piyush Goyal to Swiss investors.
Commerce and Industry Minister Piyush Goyal on Monday held discussions with potential investors in Zurich and informed them about huge investment opportunities in India.
The minister is in Switzerland regarding implementation of the India-EFTA Trade and Economic Partnership Agreement (TEPA).

 Source:  business-standard.com
16 Jul, 2024 News Image Bangladesh eyes Indian ports for exports.

Eyeing the use of eastern Indian ports to export its goods, a delegation from Bangladesh visited the facility in Kolkata to explore new trade opportunities that would reduce cost and time, officials said on Friday.


 Source:  economictimes.indiatimes.com
16 Jul, 2024 News Image India seeks to boost exports to Russia after PM Modi's trip.
India is exploring ways to boost its exports to Russia, including by encouraging rupee-rouble trade and pushing Moscow to lift non-tariff barriers, New Delhi said on Monday, in the wake of Prime Minister Narendra Modi's visit to Moscow.
 

 Source:  economictimes.indiatimes.com
16 Jul, 2024 News Image Record rice imports expected in Philippines.

Despite record production and ample stocks, the Philippines is expected to import a record volume of rice in the 2024-25 marketing year, according to a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture.


 Source:  world-grain.com
16 Jul, 2024 News Image Next round of talks for proposed trade, investments agreement between India, EU likely in September.

Senior officials of India and the 27-nation European Union (EU) are expected to hold the next round of talks for the proposed free trade agreement, which aims at boosting commerce and investments, in September, an official said. Joint Secretary in the Department of Commerce Darpan Jain said that the eighth round of talks was concluded on June 28.


 Source:  economictimes.indiatimes.com
16 Jul, 2024 News Image India, Eurasian Economic Union bloc finalising broad contours, ToRs on proposed FTA: Official.

India and the five-nation Eurasian Economic Union bloc are working to finalise broad contours and their terms of reference on a proposed free trade agreement, an official said. The five members of the Eurasian Economic Union (EEU) are Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia.


 Source:  economictimes.indiatimes.com
16 Jul, 2024 News Image India s total exports estimated to grow at 5.40% in June 2024; Cumulative overall exports during April-June 2024 estimated to grow at 8.60%.

India’s total exports (Merchandise and Services combined) for June 2024* is estimated at USD 65.47 Billion, registering a positive growth of 5.40 percent vis-à-vis June 2023. Total imports (Merchandise and Services combined) for June 2024* is estimated at USD 73.47 Billion, registering a positive growth of 6.29 percent vis-à-vis June 2023.


 Source:  pib.gov.in
15 Jul, 2024 News Image UP will export 40 tonnes of mangoes to Japan, Malaysia in 2024: CM Yogi.

Uttar Pradesh Chief Minister Yogi Adityanath on Friday said the state will export 40 tonnes of mangoes to Japan and Malaysia this year. It is for the first time in the history of 160 years that Lucknow's Dussehri mango is being exported to the USA, he added.


 Source:  business-standard.com
15 Jul, 2024 News Image To ease shortage of pulses, government exempts stock limit on kabuli chana.
The central government has excluded kabuli chana from the purview of the stock limit.
This move is expected to help importers bring in more Kabuli chana into India ahead of the festival season. Pulses, including kabuli chana, are widely used in snack making and consumed as a source of proteins.

 


 Source:  economictimes.indiatimes.com