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Feb 28, 2025
At top secretaries’ meeting ahead of EU delegation visit, focus on cohesive, collaborative approach.
Signalling a high political priority in pursuing economic integration with the European Union (EU) amid shared concerns about the overcapacity in China and uncertainties in the global trade order due to tariff threats by US President Donald Trump, a meeting convened by the Prime Minister’s Office (PMO) with top secretaries ahead of a high-level EU delegation visit starting Thursday focused on the need for a cohesive, and collaborative, approach.
Source:
indianexpress.com
Feb 28, 2025
India and Tibet's Historic Trade Ties Set for Revival After 60 Years.
In a promising development for the Himalayan region, the ancient trade ties between India and Tibet may soon be revived. Following the green light for the Kailash Mansarovar Yatra from Uttarakhand, there's renewed hope for border trade that once made some Uttarakhand villages among the wealthiest in India.
Source:
etvbharat.com
Feb 28, 2025
Meghalaya ships 15 tonnes of ginger to Dubai.
The Department of Agriculture and Farmers Welfare of the Meghalaya government has made its first sea shipment of 15 tonnes of Meghalaya ginger to Dubai’s Lulu Group, in collaboration with Agricultural and Processed Food Products Export Development Authority (APEDA). This initiative was facilitated by the Eastern Ri-Bhoi Organic Farmer Producer Company (FPC).
Source:
thehindubusinessline.com
Feb 28, 2025
India’s second green revolution to come from horticulture crops, says Ramesh Chand.
The next green revolution in India can come only through horticulture, which is growing at a faster pace than agriculture, said Prof Ramesh Chand, Niti Aayog member on Thursday. Addressing the inaugural session of the National Horticulture Fair 2025 at the ICAR-Indian Institute of Horticulture Research in Bengaluru, Chand said the annual growth in country’s horticulture sector is more than 7 per cent whereas the agriculture growth is less than 4 per cent.
Source:
thehindubusinessline.com
Feb 28, 2025
India's economic growth outlook remains stable despite global uncertainties: Report.
India's economic growth outlook remains stable despite global uncertainties according to a report by Boston Consulting Group (BCG). The retention of most forecasts indicates confidence in domestic economic resilience, supported by factors such as strong consumption, government infrastructure spending, and a robust services sector.
Source:
economictimes.indiatimes.com
Feb 28, 2025
Piyush Goyal asks industry players to be bold, focus on turning competitive.
Union Commerce and Industries Minister Piyush Goyal on Thursday asked the industry players to be bold and focus their energies on turning competitive, rather than depending on the government for support. Speaking at an event organised by the IMC Chamber of Commerce in Mumbai, Goyal asked till when will the industry depend on the 'crutches' of subsidies, high import duties and other similar protectionist measures.
Source:
economictimes.indiatimes.com
Feb 28, 2025
India needs to ramp up bilateral relations for trade, investment: Nirmala Sitharaman.
Finance Minister Nirmala Sitharaman on Thursday said India needs to ramp up its bilateral relations for trade and investment, as the world is witnessing a churn, and bilateralism seems to be the new catalyst tool. Speaking at BS Manthan, the Finance Minister said these are very interesting yet challenging times and the government is making all efforts to make India move up the ladder and be an engine of global growth.
Source:
economictimes.indiatimes.com
Feb 28, 2025
India reviews tariff data ahead of US trade talks, addressing discrepancies in bilateral trade figures.
India is examining the latest average import tariffs with the US before it commences negotiations with Washington on a proposed treaty, officials said. A bilateral trade agreement is in the works. India's departments of commerce and revenue are working to resolve discrepancies in bilateral trade data collected by the two sides, amid US President Donald Trump's accusation that India is a tariff abuser. The analysis assumes significance as data of the two countries differ.
Source:
economictimes.indiatimes.com
Feb 27, 2025
India and Latin America tighten ties to diversify trade.
Earlier this month, Brazil's state-controlled oil giant Petrobras couldn't have found a bigger event to unveil a major new customer. At the Brazil Energy Forum in Rio de Janeiro, the company's director of logistics, commercialization and markets, Claudio Romeo Schlosser, said an agreement had been reached with India's Bharat Petroleum Corporation for the delivery of 6 million barrels of oil annually between 2025 and 2026.
Source:
dw.com
Feb 27, 2025
Milking opportunities: Dairy players churn growth beyond geographies, and milk.
The organised dairy market in India has been witnessing significant activity recently, with players exploring new markets and diversifying product categories to strengthen their presence. Industry players and analysts see a shift as value-added products will drive profitability.
Source:
thehindubusinessline.com
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