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Apr 08, 2025 News Image Amid tariff war, S Jaishankar & Marco Rubio discuss trade pact.
External affairs minister S Jaishankar on Monday talked with US Secretary of State Marco Rubio over the phone and discussed the early conclusion of the bilateral trade agreement in the backdrop of President Donald Trump's decision to impose tariffs. The two ministers also discussed crises in different regions of the world, including West Asia, Europe and the Caribbean.
 Source:  economictimes.indiatimes.com
Apr 08, 2025 News Image Central Government takes necessary measures towards remunerative price of perishable agricultural produce.
Agriculture marketing is a State subject. Domestic prices of perishable agricultural produce are mainly influenced by factors such as demand and supply, trade policies, effective taxes and duties. The Central Government takes necessary measures as and when required to balance the demand and supply scenario of agriculture and horticulture produces in the domestic market and ensure remunerative prices to the farmers through appropriate policy measures and market intervention scheme.
 Source:  fnbnews.com
Apr 08, 2025 News Image Apples in Rajasthan, Thai guava in MP: Farming seeing a start-up-like disruption.
'Neighbours and farmers in my village were sceptical, and, to be honest, I was a bit scared too,. says Sonu, a farmer from Bihar's Purnea, about his decision to switch to dragon fruit from traditional crops like maize. The 26-year-old farmer was among the first in the eastern Bihar district to take up commercial farming of dragon fruit, a crop native to Central and South America. .It was the right decision taken at the right time,. he says of the leap of faith he took in 2018. Sonu, who bet on an unfamiliar crop and saw success, isn't alone.
 Source:  indiatoday.in
Apr 07, 2025 News Image After rasogolla, GI tag for nolengur sandesh; three more sweets, aromatic rice, silk yarn & guava on list too.
Nolengur sandesh, winter’s gift to Bengal’s sweet shops, can now claim its badge of authenticity. It has followed its equally illustrious cousin, Banglar Rasogolla, in getting a Geographical Indication (GI) tag. Rasogolla had got the tag in 2017.
 Source:  telegraphindia.com
Apr 07, 2025 News Image Customs speeds up shipments to US.
Indian customs authorities are fast-tracking shipments headed to the US ahead of the Trump administration's April 9 deadline for 26% reciprocal tariff on New Delhi. Effective April 5, the US has imposed 10% additional duty on most goods entering the US from India unless they were already in transit. This tariff level is set to increase to 26% from April 9.
 Source:  economictimes.indiatimes.com
Apr 07, 2025 News Image India amends import policy on roasted arecanut to support domestic farmers.
The Indian government has brought 'Roasted Areca Nuts' under a single code 08028090, placing it under the prohibited category against the earlier free regime. In its latest notification, the Directorate General of Foreign Trade (DGFT) brought ‘Roasted Areca Nuts,’ which was falling under ITC (HS) Code 08028090 and 20081920.
 Source:  thehindubusinessline.com
Apr 07, 2025 News Image India doing better than other countries after US tariffs: NSE CEO.
Asserting that a situation of confusion persists in the world after the recent imposition of reciprocal tariffs by the US, NSE Managing Director and Chief Executive Officer Ashish Kumar Chauhan on Sunday said India is doing much better than other countries. He said a clear situation is expected to emerge within the next one or two weeks as there will be negotiations and the duty structure will be stabilized.
 Source:  economictimes.indiatimes.com
Apr 07, 2025 News Image India to implement new tariff line for rice exports from May 1.
A new tariff line regime for rice-based on process (parboiled, others) and on variety (rice recognised by the Geographical Indication Registry, Basmati, others) will be implemented by the Centre from May 1 for the cereal’s export, Minister of State for Commerce Jitin Prasada told Parliament on Friday. 'This will benefit the more than 20 GI varieties of rice, as defined and recognised by the Geographical Indications Registry under the Geographical Indications of Goods (Registration and Protection) Act, 1999, which are grown in more than 10 States/UTs of India,' he said in a written reply.
 Source:  thehindubusinessline.com
Apr 07, 2025 News Image India may not lose much in agriculture due to Trump's tariffs: Economist Ashok Gulati.
Ashok Gulati, a well-known Indian agricultural economist and professor at the Indian Council for Research on International Economic Relations (ICRIER), said that India is unlikely to face major losses in its agricultural exports due to new tariffs announced by US President Donald Trump. In fact, he stated that if India negotiates wisely during bilateral trade talks with the US, it could even gain some ground.
 Source:  economictimes.indiatimes.com
Apr 07, 2025 News Image Indian Food Importers and ProChile Strengthen Agrifood Trade Ties in Presence of Chilean President.
The Forum of Indian Food Importers (FIFI) and ProChile, the Chilean government agency dedicated to the international promotion of exports, signed a Memorandum of Understanding today, aimed at strengthening the trade of food and beverages between Chile and India. The agreement was signed in the presence of Chile's President Gabriel Boric, who is currently on a State visit to India this week, to enhance commercial ties and cultural exchange with between both nations. The President is accompanied by ministers from various sectors, from mining to agriculture, as well as a business delegation that includes representatives from food export associations and companies.
 Source:  mid-day.com