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26 Sep, 2024 News Image Make in India led to rise in exports, strengthening of economy: PM Modi.

On the 10th anniversary of his government's flagship scheme 'Make in India', Prime Minister Narendra Modi said on Wednesday (September 25, 2024) that it has led to a rise in exports in different sectors, building capacities and strengthening economy.


 Source:  thehindu.com
26 Sep, 2024 News Image India, Australia push forward on CECA talks.

Trade ministers of India and Australia held parleys on Wednesday to assess the progress on negotiations towards a full-fledged free trade deal, about 20 months since an early harvest bilateral pact called the Economic Cooperation and Trade Agreement (ECTA) came into effect.


 Source:  thehindu.com
26 Sep, 2024 News Image India to have a trade promotion office in Sydney: Shri Piyush Goyal.
Union Minister for Commerce and Industry Shri Piyush Goyal announced the setting up of an office for trade promotion in Sydney, Australia with representatives of Invest India, NICDC, ECGC, other officials related to trade and tourism along with the private sector represented by CII. While addressing a joint press conference at Adelaide today along with the H.E. Don Farrell, Minister for Trade & Tourism, Australia, Minister Goyal said these offices will act as a bridge between investors and businesses on both sides. Minister Goyal said the focus is to upscale the partnerships in trade, investment, tourism and technology.
 

 Source:  pib.gov.in
25 Sep, 2024 News Image India attends Ministerial Meeting of Indo-Pacific Economic Framework for Prosperity.

Union Commerce and Industry Minister Shri Piyush Goyal along with 13 other IPEF Ministers virtually attended the third Ministerial meeting focused on IPEF Pillar II, III, and IV.       

In particular, Minister Goyal along with other IPEF Ministers welcomed the upcoming entry into force of the Clean Economy Agreement, Fair Economy Agreement, and the Overarching Agreement on IPEF on October 11, 2024, October 12, 2024, and October 11, 2024, respectively, and emphasized the significant opportunities to further deepen economic cooperation and deliver concrete benefits under the IPEF agreements through ongoing collaboration.


 Source:  pib.gov.in
25 Sep, 2024 News Image Basmati rice exports surge after floor price removed.

India's decision to remove the floor price for basmati rice exports is expected to spur a flurry of orders from the Middle East, Europe, and the Americas, leading exporters said, helping New Delhi to increase its share of the global market.


 Source:  economictimes.indiatimes.com
25 Sep, 2024 News Image Commerce and Industry Minister Shri Piyush Goyal attends 22nd CREDAI National Conference on second day of Australia visit.
In his ongoing visit to Australia from September 23-26, 2024, Shri Piyush Goyal, Union Minister for Commerce & Industry, had a number of productive engagements on the second day (September 24). He was the Chief Guest at the 22nd National Conference of the Confederation of Real Estate Developers' Associations of India (CREDAI) in Sydney. The Conference brought together about 1100 real estate developers from India to Australia.
 

 Source:  pib.gov.in
25 Sep, 2024 News Image PM Modi, Biden reaffirm commitment to strategic partnership: India-US forum.
After the significant state visit of 2023, Prime Minister Modi's visit to the United States for the Quad Leaders' Summit and the United Nations General Assembly (UNGA) on September 21 has been pivotal in strengthening the strategy partnership.
 

 Source:  business-standard.com
25 Sep, 2024 News Image FSSAI inks MoU with Brazil s Ministry of Agriculture and Livestock in the area of food safety.

The Food Safety and Standards Authority of India (FSSAI) signed an MoU with the Ministry of Agriculture and Livestock (MAPA) of Brazil on the sidelines of Global Food Regulators Summit, 2024, at Bharat Mandapam, New Delhi.


 Source:  agrospectrumindia.com
25 Sep, 2024 News Image ADB retains India's growth forecast at 7%; govt spending, agriculture to boost economy.
The Asian Development Bank (ADB) on Wednesday retained India's growth forecast for the current fiscal at 7 per cent and said that the economy is expected to accelerate in the coming quarters on improved farm output, and higher Government spending.
 

 Source:  economictimes.indiatimes.com
25 Sep, 2024 News Image India-UAE bilateral trade set to surpass $100 billion target before 2030.
The bilateral trade between India and the United Arab Emirates (UAE) is on track to surpass the $100 billion target well before 2030, underscored by a notable 12.7 per cent (year-on-year) increase, according to a report on Tuesday.
The UAE remains India's third-largest trading partner and second-largest export destination (FY2022-23).

 Source:  infra.economictimes.indiatimes.com