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03 May, 2024 News Image With 534 lakh tonnes, FCI rice stocks now at 4 times buffer requirement.

The FCI is sitting on a stockpile of around 534 lakh tonnes of rice, which is four times the required buffer for July 1 and enough to meet requirements for one year even if there is no fresh procurement.


 Source:  timesofindia.indiatimes.com
03 May, 2024 News Image Agri India Meet 4.0 to be Held on May 10, 2024: Exploring Disruptive Innovations in Agricultural Value Chains.

PUSA Krishi is set to organize the 4th edition of Agri India Meet online from 10 A.M. to 01 P.M. on 10th May 2024. Renowned Agribusiness experts including Dr. Partha R Das Gupta, Advisor Emeritus, Syngenta Foundation, Jagadeesh Sunkad, Independent Consultant, Dinesh Kumar Kapila, Chief General Manager (Retd) NABARD and Manish Gupta, Associate VP, Deepak Fertilisers and Petrochemicals will grace the event as panellists.


 Source:  krishijagran.com
03 May, 2024 News Image Building resilient India-Europe trade ties.
As we strive to achieve India’s $2 trillion export target by 2030, we must prioritise the removal of tariff and non-tariff barriers that hinder the efficient flow of trade
In the domain of global trade, the alliance between India and Europe stands out for its vast potential and bright prospects.

 Source:  financialexpress.com
02 May, 2024 News Image India, Maldives hold talks to enhance trade cooperation.

India on Wednesday expressed its intent to enhance bilateral economic collaboration with the Maldives, as its envoy engaged in discussions with a senior minister from the archipelagic nation. Mohamed Saeed, Maldives' minister of economic development and trade, held talks with Munu Mahawar, Indian high commissioner to the Maldives, on Tuesday.


 Source:  timesofindia.indiatimes.com
02 May, 2024 News Image India-UAE CEPA celebrates two years marked by robust growth in bilateral trade.

Marking a significant milestone in the enduring partnership between the UAE and India, the Embassy of the UAE celebrated the second anniversary of the Comprehensive Economic Partnership Agreement (CEPA).


 Source:  economictimes.indiatimes.com
02 May, 2024 News Image OECD revises India's FY25 growth forecast upward to 6.6%.
The Organisation for Economic Co-operation and Development, Thursday, revised India’s FY25 growth forecast upward to 6.6% from 6.2% projected earlier.
 

 Source:  economictimes.indiatimes.com
02 May, 2024 News Image India, Nigeria agree to early conclusion of local currency settlement system agreement.

India and Nigeria have agreed to an early conclusion of a local currency settlement system agreement to further strengthen economic ties between the two countries.


 Source:  economictimes.indiatimes.com
02 May, 2024 News Image Wheat procurement exceeds 55% of target, touches 205 lakh tonnes.
With the pick up in pace of wheat procurement, the deficit has narrowed down to 8 per cent as of April 30 from 25 per cent a week ago. However, the likely lower than expected procurement in key states like Madhya Pradesh, Rajasthan and Uttar Pradesh may make it tough for the Centre to meet the overall procurement target of 372.9 lakh tonnes for the season.
 

 Source:  thehindubusinessline.com
02 May, 2024 News Image In an uncertain world, India s trade push.
Over the past few years, global trade has been very volatile, first on account of the Covid-19 pandemic and then due to geopolitical conflicts. Since the middle of 2022, the value of global merchandise trade has shrunk continuously as per data from the United Nations Conference on Trade and Development. In fact, in 2023, global merchandise exports fell by 4.6 per cent. The January-March 2024 quarter, though, saw some sequential improvement.
 

 Source:  indianexpress.com
02 May, 2024 News Image Digital crop survey on cards to fine-tune farm statistics.
India plans to bolster its farm statistics system by undertaking regular digital crop surveys, backed by advanced analytics and artificial intelligence (AI), throughout the country to assess the precise acreage, said senior officials.
 

 Source:  economictimes.indiatimes.com