Despite the rise in the price of mangoes, the demand for mangoes from Karnataka is on the rise, not just for domestic consumption, but also overseas. While most sought after varieties are Alphanso, Badami, Mallika and Banganapali, the new entrant to the list seeking a high demand is the GI tagged Kari Ishad, from Ankola.
India has exported more than 45,000 tonnes of onion since the ban on outbound shipments was lifted early this month, a top government official said on Wednesday. These exports provided relief to farmers after curbs were imposed to keep domestic supplies steady ahead of general elections.
India’s closest partner in SE Asia -- Singapore and Central Asia’s biggest state Kazakhstan are the leading transit hubs in their regions. This is one of the reasons why the two countries are establishing close economic ties that can stimulate growth and find new business opportunities. This will also boost India’s role as a link country between SE Asia and Eurasia as well as the Chabahar Port where India has gained management rights for 10 years.
The Maldives on Wednesday said both India and China have agreed to cooperate in efforts to pay for imports in their respective countries' currency instead of the US dollar, which is likely to help Male save almost 50 per cent of the annual USD 1.5 million imports bill from the two countries. Maldives' Economic Development Minister Mohamed Saeed said he met with the Indian High Commissioner Munu Mahawar two weeks ago, who in turn, said that New Delhi would support and cooperate in arranging for the settlement of import payments in Indian Rupee.
With many African countries, such as Kenya, Uganda, Botswana, and Cote d’lvoire, actively looking beyond China for attracting foreign investments in agriculture — crucial for food security and economic growth — India is pushing its interests in the sector to secure economic and diplomatic ties with the region.
Business activity in India expanded robustly in May, helped by the dominant services industry, according to a survey that also showed exports rising at a record pace and the sharpest job addition rate in nearly 18 years.
