1. Home
  2. Market Intelligence
  3. Market News
Archive
Apr 23, 2025 News Image Vance calls for stronger India-US relations as trade talks progress.
India and the US need to work together successfully for a 'prosperous and peaceful' 21st Century, US Vice-President JD Vance said in a speech calling for closer ties between the countries across sectors. Vance, who is on a four-day visit to India, was speaking at a programme in the western city of Jaipur.
 Source:  www.bbc.com
Apr 23, 2025 News Image Prime Minister highlights the growing ties between India and Saudi Arabia.
The Prime Minister Shri Narendra Modi highlighted the growing ties between India and Saudi Arabia, in an interview with Arabnews. Shri Modi described Saudi Arabia as a trusted friend and strategic ally, emphasising the significant expansion of bilateral relations since the creation of the Strategic Partnership Council in 2019.
 Source:  pib.gov.in
Apr 23, 2025 News Image Indian farming not viable as it should be, says Gadkari.
Union Road Transport and Highways Minister Nitin Gadkari on Tuesday said the contribution of agriculture to GDP has come down to 14 per cent over the years. This is because farming has not turned out to be as economically viable as it should have been. He said the share of the farm sector in GDP may rise to 22 per cent if Indian agriculture manages to replace half of the fossil fuel imports, estimated at about Rs.22 lakh crore per year, with biofuel.
 Source:  thehindubusinessline.com
Apr 23, 2025 News Image Amid changing global order, India must be prepared to tackle challenges and seize opportunities: FM Sitharaman.
Union Minister of Finance and Corporate Affairs Nirmala Sitharaman stated that, amid the changing world order, India must prepare to tackle challenges and seize opportunities. Speaking at Stanford University's Hoover Institution in California during her address on 'Laying the Foundations for a Developed India - Viksit Bharat by 2047', Sitharaman emphasised the importance of staying committed to long-term national goals while remaining aware of current realities.
 Source:  economictimes.indiatimes.com
Apr 23, 2025 News Image Palm Oil demand from China and India expected to rise as prices become competitive, says MPOC.
Palm oil demand from top global buyers China and India is expected to increase as the vegetable oil is now reasonably priced compared to its rivals, the Malaysian Palm Oil Council (MPOC) said on Tuesday. Palm oil is now considered 'reasonably priced' at 3,900 ringgit ($889) per metric ton, the MPOC said in a statement, adding that prices are expected to remain supported at that level, underpinned by a recovery in soybean oil prices.
 Source:  economictimes.indiatimes.com
Apr 23, 2025 News Image India-US trade pact to expand bilateral trade, tech, ties in mutually beneficial manner: Official.
The proposed bilateral trade agreement (BTA) between India and the US would help enhance and expand two-way trade, technology and economic ties in a mutually beneficial manner, a senior official in the commerce ministry said on Tuesday. The official said that India and the US are not just close strategic partners but are also complementary market economies.
 Source:  economictimes.indiatimes.com
Apr 22, 2025 News Image India big buyer of pulses this year.
'The surge in imports is largely attributed to higher domestic demand, inconsistent production levels in key pulse-growing regions and the Indian government’s continued efforts to stabilize prices by increasing the supply through imports,' he said in a recent article he wrote for the Global Pulse Confederation (GPC). Yellow pea imports are forecast at 2.04 million tonnes, chickpeas at 1.31 million tonnes and lentils at 1.29 million tonnes.
 Source:  producer.com
Apr 22, 2025 News Image Iran and India to boost agricultural trade beyond US$1 billion through new BRICS partnership.
Iran and India are preparing to expand their agricultural trade ties beyond the current US$1.0 billion mark, following high-level discussions between the two nations’ agriculture ministers during the BRICS agriculture summit in Brazil. This is reported by Tehran Times, a partner of TV BRICS. Iran’s Minister of Agriculture, Gholamreza Nouri Ghezeljeh, met with his Indian counterpart Shri Shivraj Singh Chouhan to review existing agreements and outline new areas of cooperation.
 Source:  tvbrics.com
Apr 22, 2025 News Image India's oilmeal export up 3% on year in March.
The Solvent Extractors Association of India (SEA) has come out with the export data for export of oilmeals for the month of March, 2025 provisionally reported at 409,148 tons compared to 395,382 tons in March, 2024 i.e. up by 3%. The overall export of oilmeals during Apr.24 to Mar.25 in term of quantity reported at 4,342,498 tons compared to 4,885,437 tons during the same period of last year i.e. down by 11%, mainly due to reduction in export of rapeseed meal & castorseed meal and in term of Free on board (FOB) Value decreased to Rs.12171.0 crores from Rs. 15368.0 crores, down by 21%.
 Source:  business-standard.com
Apr 22, 2025 News Image Indian rice trade wants export price to Bangladesh increased.
The interim government in Bangladesh has allowed exports of aroma rice after a year-and-a-half, leading to a section of Indian exporters demanding that New Delhi hike it rice shipment prices to Dhaka. 'After 7 years, the Bangladesh government has given a quota to export its special rice variety, which could affect Indian speciality rice varieties such as Sona Masuri, Jeera Kasala and premium non-Basmati rice,' said a New Delhi-based exporter.
 Source:  thehindubusinessline.com