15 May, 2024 News Image ICAR-IARI s PUSA Krishi Hosts 'Parichay 2024': Igniting Innovation in Agri-Entrepreneurship.

PUSA Krishi, ICAR-IARI hosted 'Parichay 2024' an event dedicated to fostering connections and celebrating collaboration among startups incubated under the DST scheme. The meticulously curated event by PUSA Krishi promised a day of insightful discussions, networking opportunities and showcasing innovative solutions shaping the future of agriculture.


 Source:  krishijagran.com
15 May, 2024 News Image Bangladesh: Onion imports resume as India lifts export ban.
This marks the resumption of onion imports through Hili Land Port after nearly six months of hiatus. 
The Indian government lifted its ban on onion exports on 4 May.
Ahmed Ali, an importer at the port, said the Indian government had lifted the export ban on onions and fixed the export price at $550 per metric tonne. 
 

 Source:  tbsnews.net
15 May, 2024 News Image India's April palm oil imports jump 34 pc on lower global prices.

India's palm oil imports registered a 34.11 per cent jump on-year in April to 6,84,000 tonnes, buoyed by a fall in global prices, the Solvent Extractors' Association of India (SEA) said on Tuesday. Palm oil accounted for 52 per cent of India's total edible oil imports of 13,04,409 tonnes in April, the trade body said in a statement, adding that sunflower and soybean oils import stood at 6,20,315 tonnes.


 Source:  economictimes.indiatimes.com
15 May, 2024 News Image Philippines to remain as world s top rice importer in 2025.

The Philippines will remain as the world’s largest rice importer in 2025 for the third consecutive year as the country turns to foreign supplies to feed its growing population.


 Source:  philstar.com
15 May, 2024 News Image India's export reliance on US grows despite diversification push.
Notwithstanding India’s efforts to diversify its merchandise exports, the country’s dependence on the US for its outbound shipments has increased over the past 13 years by 7.6 percentage point, reaching a 17.7 per cent share in 2023-24 (FY24).
 

 Source:  business-standard.com
15 May, 2024 News Image Export orders rise 10% in six months on demand from US, EU.

Improved demand in the European Union, West Asia and the US has boosted export order books by at least 10% from six months before, companies said, signalling a possible recovery from last year. Leather goods, footwear, and apparel are driving demand but engineering goods shipments for new projects are facing a challenge due to geopolitical tensions, exporters said.


 Source:  economictimes.indiatimes.com
15 May, 2024 News Image India seeking fair market access ahead of the India-Asean FTA review.
Last year, Commerce and Industry Minister Piyush Goyal called the free trade agreement (FTA) between India and the 10-member Association of Southeast Asian Nations (ASEAN) nations an 'ill-conceived' agreement and 'unfair' to the Indian industry at a public forum.
 

 Source:  business-standard.com
15 May, 2024 News Image Government working to help exporters deal with countervailing duty cases.

The government is working on a verification system to help exporters deal with countervailing duty cases on domestic products over the RODTEP scheme, an official said. The exercise is important as countervailing or anti-subsidy duties were imposed on certain domestic units by the US and European Union (EU).


 Source:  economictimes.indiatimes.com
15 May, 2024 News Image Chabahar Port development to help India expand trade routes; need to ensure necessary infra: GTRI.

The development of Chabahar Port will help India enhance its logistical capabilities and expand its trade routes to Central Asia and for that there is a need to ensure necessary infrastructure, and processes to effectively manage the cargo flow at the port, economic think tank GTRI said on Tuesday.


 Source:  economictimes.indiatimes.com
14 May, 2024 News Image Soyameal exports up 8.8% at 15.23 lakh tonnes during October-April.
Exports of soyabean meal has picked up on higher demand from countries such as Bangladesh and Iran among others. Shipments were up by around 8.8 per cent during the October-April period of oil year 2023-24 at around 15.23 lakh tonnes over same period last year’s 14 lakh tonnes, as per the latest estimates by the Soyabean Processors Association of India (SOPA).
 

 Source:  thehindubusinessline.com