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Jun 18, 2025 News Image India’s spirits high, exports higher: Whisky gets a global glow-up.
Indian whisky is hitting the high notes, drawing top billing not just by quantity but also quality. Single malts made in India are happily intriguing the connoisseur, while the less-fancied stuff is setting records by sales. Indians still drink much less liquor on average than other nationalities.
 Source:  economictimes.indiatimes.com
Jun 18, 2025 News Image India's exports show steady growth from 2010 to 2023.
India's export trajectory from 2010 to 2023 has shown a consistent and steady upward trend, reflecting the resilience and dynamism of its trade sector, an official said on Tuesday. Citing an UNCTAD report, the official said that over the period from 2010 to 2023, India has been one of the fastest-growing major economies in terms of its share of global exports, achieving a growth rate of 6.3 per cent.
 Source:  economictimes.indiatimes.com
Jun 18, 2025 News Image India's economy maintains growth momentum despite global uncertainties: Report.
India's economy continues to demonstrate resilience amid global uncertainties, as country's real GDP grew by 7.4 per cent in the fourth quarter of FY25, bringing full-year growth to 6.5 per cent, surpassing expectations, according to the recent report by CareEdge Economic Pathways report. The report also reflects that, although this marks a moderation from the 8.4 per cent average seen in the previous two years, the economy remains on a strong footing. Growth in FY26 is projected at 6.2 per cent.
 Source:  economictimes.indiatimes.com
Jun 17, 2025 News Image Issuance of preferential certificates under FTAs rises, signals higher trade pact use by exporters.
The number of preferential certificates of origin issued under free trade agreements implemented so far has recorded a healthy increase, rising to 7,20,996 in 2024-25 from 6,84,724 in 2023-24, indicating greater utilisation of trade pacts by Indian exporters, according to government data. Commerce Secretary Sunil Barthwal said India's trade under the preferential route is growing.
 Source:  economictimes.indiatimes.com
Jun 17, 2025 News Image Maize area up in early sowing in Karnataka.
Farmers in Karnataka are seen showing preference to plant crops such as maize and soyabean in the ongoing kharif 2025 cropping season, based on the early sowing data released by the State Agriculture Department. Till June 13, the kharif sowing is complete in about 20.42 lakh ha, about a fourth of the targeted area of 82.50 lakh ha for the season. The overall sown area under kharif crop till June 14 is up marginally at 20.42 lakh ha (20.22 lakh ha).
 Source:  thehindubusinessline.com
Jun 17, 2025 News Image India, European Union committed to free trade agreement by year-end: PM in Cyprus.
Prime Minister Narendra Modi on Sunday began his five-day, three-nation visit with a stop in Cyprus, marking the first visit by an Indian Prime Minister to the island nation in over two decades. He was received at the airport by Cyprus President Nikos Christodoulides. The key highlight of the visit was his address at the India-Cyprus CEO Forum in Limassol, where he pitched India as a hub of digital innovation, infrastructure development and economic opportunity. He also mentioned that India and the European Union are working towards a free trade agreement by the end of this year.
 Source:  indiatoday.in
Jun 17, 2025 News Image GI tag sought for Kollimalai Coffee and Jackfruit.
The Patent Information Centre of Tamil Nadu State Council for Science and Technology (TNSCST), Chennai has filed applications seeking Geographical Indication (GI) tag for Kollimalai Coffee and Kollimalai Palappazham. TNSCST is an autonomous organization under the Department of Higher Education, Government of Tamil Nadu. 'We have instituted IPR cells at 40 educational institutions across Tamil Nadu. And each of them have been allocated a product which has a potential to earn a GI tag. These institutions do the research work,' S.Vincent, Member Secretary of TNSCST told The Hindu.
 Source:  thehindu.com
Jun 17, 2025 News Image As EU's green trade rules kick in, India works policy shifts.
While India and the European Union (EU) are ready to close a key trade pact, various Indian ministries are working on several rulebook shifts to align with a slew of new, stricter 'green' regulations by the EU that will come into effect within a year and are bound to impact Indian trade across sectors from coffee export to import of scrap. The Union Ministry of Environment, Forests & Climate Change is at the forefront of the exercise, readying rulebook shifts and mechanisms to align with the incoming 'green' regime at the EU.
 Source:  economictimes.indiatimes.com
Jun 17, 2025 News Image India-U.S. trade talks stall over agriculture and GM crops.
India and the United States continue intricate negotiations over a Bilateral Trade Agreement involving agricultural products, with apples, corn, and soybeans emerging as contentious points. The ongoing dialogue could delay the agreement beyond the anticipated July 8 deadline.
 Source:  freshplaza.com
Jun 17, 2025 News Image India's exports to US up 16.9c pc, imports dip 5.76 pc in May.
India's merchandise exports to the US rose by 16.93 per cent to USD 8.83 billion in May, while imports dipped by 5.76 per cent to USD 3.62 billion during the month, according to the commerce ministry data. During April-May, the country's exports to the US increased by 21.78 per cent to USD 17.25 billion, while imports rose by 25.8 per cent to USD 8.87 billion, the data showed.
 Source:  economictimes.indiatimes.com