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Mar 18, 2025 News Image Boosting dairy and livestock growth a major initiatives in Marathwada, Maharashtra.
The Government of India, in collaboration with the Maharashtra State Government, is making significant strides in enhancing dairying and animal husbandry in the Marathwada region through various initiatives. The Department of Animal Husbandry and Dairying (DAHD) has been implementing multiple schemes, including the National Programme for Dairy Development (NPDD), Rashtriya Gokul Mission (RGM), and National Livestock Mission (NLM), among others, to improve milk production, strengthen infrastructure, and boost farmers' income.
 Source:  fnbnews.com
Mar 18, 2025 News Image RBI permits settlement of trade transactions with Maldives in local currencies.
Reserve Bank on Monday said India's bilateral trade transactions with Maldives may also be settled in INR and/or MVR in addition to the ACU mechanism. Asian Clearing Union (ACU) is a payment arrangement whereby the participants settle payments for intra-regional transactions among the participating central banks on a net multilateral basis.
 Source:  economictimes.indiatimes.com
Mar 18, 2025 News Image The cumulative exports (merchandise & services) during April-February2024-25 is estimated at USD 750.53 Billion, as compared to USD 706.43 Billion in April-February2023-24, an estimated growth of 6.24%.
India’s total exports (Merchandise and Services combined) for February2025* is estimated at USD 71.95 Billion, registering a positivegrowth of 3.16 percent vis-à-vis February2024. Total imports (Merchandise and Services combined) for February2025* is estimated at USD 67.52 Billion, registering a negative growth of (-)11.34 percent vis-à-vis February2024.
 Source:  pib.gov.in
Mar 18, 2025 News Image Bilateral trade pact on track, but yet to talk US reciprocal tariffs.
India has not broached the issue of reciprocal tariffs in its trade talks with the United States, but the two countries are finalising the scope and schedules of the proposed Bilateral Trade Agreement (BTA), officials said. These could be finalised in the next few weeks. New Delhi is proactively engaging with Washington following the positive talks that commerce and industry minister Piyush Goyal had in person with his American counterparts during his recent visit, officials said.
 Source:  economictimes.indiatimes.com
Mar 18, 2025 News Image India and New Zealand to begin talks on FTA after a decade, announces PM Modi.
India and New Zealand have decided to start detailed negotiations on a mutually beneficial free trade agreement, Indian Prime Minister Narendra Modi said on Monday after talks with his New Zealand counterpart Christopher Luxon. The FTA was stalled in 2015 following their failure to narrow differences in sensitive areas including dairy and agriculture.
 Source:  economictimes.indiatimes.com
Mar 18, 2025 News Image Malda’s Ashwina mango: The ‘king of chutneys’ in the race for GI tag.
The world-famous mangoes of Malda are once again in the spotlight. Following the successful Geographical Indication (GI) tagging of Fazli, Himsagar and Lakshmanbhog mangoes, the district administration has now taken steps trying to secure the prestigious GI tag for the Ashwina mango. The Horticulture department has already applied to the Registrar of Geographical Indications, believing that recognition will significantly enhance Malda’s mango industry.
 Source:  millenniumpost.in
Mar 18, 2025 News Image India aims to boost bilateral trade with US to $500 billion by 2030, talks on FTA on: Govt official.
India is looking to increase bilateral trade with the United States from the present $200 billion to $500 billion by 2030, according to a top government official. The Indian government is also working on a bilateral trade agreement with US and is proactively engaging with the US in trade, the official said, adding that negotiations are on over free trade agreement (FTA).
 Source:  businesstoday.in
Mar 18, 2025 News Image 35,000 tonnes of rice from India, Vietnam arrive at Bangladesh port.
Two ships carrying 35,000 tonnes of rice from India and Vietnam have arrived at Chittagong port, Bangladesh Food Ministry said in a statement on Monday. 'MV Tanais Dream carrying 22,500 tonnes of parboiled rice from India through an open tender and MV Hong Linh 1 carrying 12,500 tonnes of parboiled rice from Vietnam under the (Government-to-Government) G-to-G agreement executed on February 3, 2025 (2nd shipment) have arrived at Chittagong port', the statement said.
 Source:  economictimes.indiatimes.com
Mar 18, 2025 News Image India, New Zealand explore digital payments, trade, and investment ties.
India and New Zealand have agreed for talks to boost cooperation in digital payments and greater two-way trade and investment during the ongoing visit of New Zealand Prime Minister Christopher Luxon. A day after both nations revived talks on a proposed free-trade agreement (FTA) after a hiatus of 10 years, Luxon and Prime Minister Narendra Modi held delegation-level bilateral talks on Monday. Both committed to designate senior representatives to steer these negotiations to resolution as soon as reasonably possible.
 Source:  business-standard.com
Mar 18, 2025 News Image India and EU must work as partners, not as competitors, says Prasada.
India and the European Union (EU) must work together, streamline non-tariff barriers and harmonise standards to remove trade bottlenecks, instead of competing, as the world grapples with economic uncertainty, supply chain disruptions and geopolitical shifts, said Jitin Prasada, minister of state for commerce and industry, and electronics and information technology. He called for Europe to diversify its supply chain and said India has a large talent pool in sectors where Europe needs skilled professionals such as IT, engineering, healthcare and fintech.
 Source:  economictimes.indiatimes.com