10 May, 2024 News Image Trade sees urad imports from Brazil rising to 50,000 tonnes this year.

As countries such as Brazil and Argentina start expanding acreages under black matpe or urad, India the largest consumer of pulses, expects increase in imports from those nations. Presently, Myanmar has been the main supplier of urad to India.


 Source:  thehindubusinessline.com
10 May, 2024 News Image Indian food regulator to review the points of entry for food imports as it tightens the screws on shipments.

India's top food regulator—the Food Safety and Standards Authority of India (FSSAI)—has cracked down on food imports, saying in has authorized officers at only 155 points to clear shipments 'until further orders'. 


 Source:  livemint.com
10 May, 2024 News Image FSSAI suspends Reliable Labs for failing to comply with norms.

The FSSAI has suspended Reliable Analytical Labs Pvt. Ltd., Mumbai, which was recognised and notified by the food authority u/s 43(1) of FSS Act, for Chemical and Biological scope of testing and carrying out the analysis of food samples.


 Source:  fnbnews.com
10 May, 2024 News Image Government eyeing to import around 2L tonnes of Bengal gram to keep prices under check.
Government is eyeing immediate import of around two lakh tonnes of Bengal gram (desi chana) to increase availability of pulses in the market. So far, around 15 lakh tonnes of yellow peas have been imported for use as a substitute for chana (gram) since import duty was abolished in Dec last year.
 

 Source:  timesofindia.indiatimes.com
10 May, 2024 News Image Indian exports up in 115 nations out of 238 destinations in 2023-24.
India's exports have surged to as many as 115 countries out of the total 238 destinations during 2023-24 despite the global economic uncertainties, according to a recent report by the Ministry of Commerce.
 

 Source:  economictimes.indiatimes.com
10 May, 2024 News Image Commendation for APEDA as agricultural product exports surge by 85% in the span of 7 years.
From 'leteku' (Burmese grapes) to flat beans, pumpkin, and an array of fruits including pineapple, jackfruit, starfruit, plums, and the newly designated state fruit, Kaji lemon—alongside geographical indication (GI)-tagged aromatic Joha and Aijung rice cultivated in [relevant region], have notably penetrated international markets, facilitated by the Agricultural and Processed Food Products Export Development Authority (APEDA) for farmers.
 

 Source:  agronfoodprocessing.com
10 May, 2024 News Image India Calls for Reinvigorating Discussions on Development Agenda at WTO.
India has called for re-energizing discussions in the World Trade Organisation (WTO) on the development dimension to achieve tangible progress and meaningful outcomes.
In a communication to the WTO, the country said that there is a substantial unfinished development agenda emanating from the recently concluded 13th ministerial conference of the WTO in Abu Dhabi.
 

 Source:  business.outlookindia.com
10 May, 2024 News Image Foreign Secy Kwatra meets Sheikh hasina, discusses bilateral ties in key areas.

On his two-day trip to Dhaka, Foreign Secretary Vinay Kwatra met Bangladesh Prime Minister Sheikh Hasina and other top leaders and reviewed New Delhi’s bilateral ties in areas such as security, water, trade and investment, power and energy, defence, connectivity and sub-regional cooperation.


 Source:  indianexpress.com
09 May, 2024 News Image India s merchandise exports to grow by 12.3% in June quarter: Exim Bank.

The Export-Import Bank of India has predicted that India's total merchandise exports will reach $116.7 billion in the ongoing first financial quarter, growing 12.3% year-on-year on strong economic fundamentals and sustained manufacturing and services activity.


 Source:  livemint.com
09 May, 2024 News Image Onion export ban lifted in Maharashtra.

In Nashik, Maharashtra, a pivotal region for onion production in India, the lifting of an export ban by the Directorate General of Foreign Trade (DGFT) on May 4 has led to a marked increase in onion prices at the Agricultural Produce Market Committee (APMC) markets.


 Source:  freshplaza.com