11 Nov, 2024 News Image India leads global banana production, Gujarat tops productivity charts.

With a production of 37.47 million metric tonnes, India is the largest producer of bananas in the world, followed by China, Indonesia, Brazil, and Ecuador. In fact, India accounts for 19.37% of global production of this most consumed staple fruit worldwide.


 Source:  timesofindia.indiatimes.com
11 Nov, 2024 News Image India's rice inventories hit record high at 29.7 MMT, triples govt target.

India's rice inventories surged to an all-time high of 29.7 million metric tons in November, sources said on Friday, nearly three times the government's target, as export curbs imposed over the past two years bumped up local supplies.


 Source:  business-standard.com
11 Nov, 2024 News Image Retaliatory tariff on European Union: India to firewall local biz.

India is conducting a 'careful assessment' to finalise products that may attract higher retaliatory import tariffs from the European Union (EU), said a person privy to the development.


 Source:  business-standard.com
11 Nov, 2024 News Image UP govt holds talks with World Bank to boost agri, rural enterprise.

The Uttar Pradesh government, the Department of Economic Affairs (DEA) and the World Bank on Friday held negotiations for the Rs 3,903 crore Uttar Pradesh Agricultural Growth and Rural Enterprise Ecosystem Strengthening project.


 Source:  business-standard.com
11 Nov, 2024 News Image India: Telangana province aims to become 'horticultural hub'.

Telangana, India is positioning itself as a hub for horticulture startups, supported by innovative work and vision. Telangana's work in producing crops like turmeric, chilies, tomatoes, and leafy vegetables is why it is seen as a fertile ground for startups. Desi vegetable seed production and bee-keeping ventures are poised for growth.


 Source:  verticalfarmdaily.com
11 Nov, 2024 News Image Bangladesh: Govt okays import of another 4 crore eggs to stabilise market.
A notification in this regard was issued by the ministry's internal trade-1 wing today (23 October).
According to the notification, 12 traders have been allowed to import the eggs and the import permit will remain valid till 31 December.

 Source:  tbsnews.net
11 Nov, 2024 News Image Russian DPM, EAM Jaishankar to brainstorm on increasing Indian investments & trade.

External affairs minister S Jaishankar and Russia’s first deputy prime minister Denis Manturov will hold a brainstorming session in Delhi on Tuesday to explore sectors for India’s investments including in Far-Eastern Russia and increasing trade to reduce trade deficit, which is currently in Russia’s favour owing to huge oil exports.


 Source:  economictimes.indiatimes.com
11 Nov, 2024 News Image India retains eighth position in global agriculture exports in 2023: WTO.

Despite a drop in its agriculture exports in 2023 to $51 billion from $55 billion in 2022, India maintained its position as world’s eighth largest exporter of agriculture products in the year as seven of the top ten exporting nations witnessed a decline, per figures collated by the WTO.


 Source:  thehindubusinessline.com
08 Nov, 2024 News Image Assam governor inaugurates 'Integrated Check Post Darranga' to boost India-Bhutan trade.

In a significant move to bolster regional connectivity and economic development, the Governor of Assam Lakshman Prasad Acharya inaugurated the Integrated Check Post Darranga in presence of Prime Minister of Bhutan Dasho Tshering Tobgay.


 Source:  economictimes.indiatimes.com
08 Nov, 2024 News Image Special Economic zones in India: Catalysts for Economic growth and Global Competitivesness.

Special economic zones (SEZ) are special areas within a country that offer incentives to business and trade regulations operating in those areas. The main objectives of the SEZ are generating additional economic activity, promoting exports of goods and services from the country, promoting foreign and domestic investment and creating more employment opportunities beside the development of infrastructure facilities. 


 Source:  ibef.org