News & Events List


11

09/2018
PMO to review draft agriculture export policy

The Prime Minister’s Office will soon consider the draft agriculture export policy, which aims to double India’s farm exports to more than $60 billion by 2022. ...

31

08/2018
Meet to focus on banana exports

The National Research Centre for Banana (NRCB) here will observe its Foundation Day on Friday with focus on banana exports.   It teamed up with Agricultural and Proces...

22

08/2018
India's rice heads to Beijing now

China is set to import Indian basmati and non-basmati rice for the first time, said millers and traders who have started getting inquiries from buyers from the neighbouring nat...

11

08/2018
India on track to stay among fastest growing economies: IMF

Observing that India'a near-term macroeconomic outlook is broadly favorable, the International Monetary Fund (IMF) has said that the country is on course to hold its positi...

25

07/2018
FSSAI issues notice revising standards for synthetic syrup and sharbat

FSSAI has issued a notice revising the standards for synthetic syrup and sharbat in a bid to improve the additives regulations. The country’s apex food regulator has soug...

24

07/2018
Indo-US bilateral trade set to grow

The Indo- US bilateral trade has untapped potential to reach much more than the $125 billion achieved last year, according to Robert G Burgess, US consul general.   ...

23

07/2018
Most of GST refund claims by exporters sanctioned: Minister

Minister of State of Commerce and Industry, C. R. Chaudhary, on Wednesday said that several measures taken by the government has resulted in most of GST refund claims by export...

21

07/2018
Number of registered MSMEs crosses 4.8 million

MSME minister Giriraj Singh on Wednesday said the number of micro, small and medium enterprises in India has crossed 4.8 million as on July 12, 2018.   In a written re...

20

07/2018
India aims to export sugar to Indonesia

India is seeking to promote exports of its raw sugar to Indonesia as a part of its efforts to achieve US$50 billion in bilateral trade with Indonesia by 2025, its ambassador ha...

19

07/2018
Exporters get Delhi HC relief over integrated goods and services tax

The Delhi High Court has given relief to exporters utilising a scheme that allows duty-free importers from paying integrated goods and services tax (IGST) on their imports. &...

18

07/2018
Cabinet committee to consider Rs 20/qtl hike in sugarcane price for 2018-19

The Union Cabinet will consider tomorrow a proposal to increase the minimum price that sugar mills are required to pay to cane growers by Rs 20 to Rs 275 per quintal for the ne...

17

07/2018
India becomes vice-chair of Asia Pacific region at global customs body

India has become the vice-chair (regional head) of the Asia Pacific region of the World Customs Organisation (WCO) for a period of two years to June, 2020, the finance ministry...

16

07/2018
Government sets up task force on ways to reduce import

The government has set up a high-level task force under the chairmanship of Cabinet Secretary P K Sinha to identify various items and policy interventions to reduce dependence ...

14

07/2018
India could climb up to be 5th largest economy next year: Arun Jaitley

India could soon emerge as the world’s fifth largest economy if it continues to maintain its current pace of growth, according to Finance Minister Arun Jaitley.  &...

12

07/2018
Chile launches campaign to promote kiwifruit in India

Setting its sights on increasing its share of fresh fruits exports to India, Chile has launched a first-of-its-kind campaign to promote kiwifruit in India. The idea behind this...

11

07/2018
Export of oilmeals between April & June ’18 up by 9% to 6,54,774 tonne

The export of oilmeals during June 2018 was provisionally reported at 1,66,833 tonne compared to  2,51,124 tonne in June 2017. The overall export between April and June 20...

09

07/2018
US-China trade war may reopen oilmeal export window for India

Our Bureau Amid the US-China trade war, the Indian oilmeal sector has spotted an opportunity for the possible resumption of Chinese imports of Indian oilmeals.   The S...

07

07/2018
South Korean President to arrive in India on Sunday

South Korean President Moon Jae-in will visit India from July 8 to 11 during which new partnerships are expected to be forged, particularly in the economic domain.   E...

05

07/2018
Suresh Prabhu expects 20 per cent growth in exports

Commerce Minister Suresh Prabhu today said he is expecting around 20 per cent growth in exports in June.      In May, exports recorded over 20 per cent gro...

04

07/2018
Indian seafood export touches new high at $7.08 billion

Striking a new high, India’s seafood export at 13, 77,244 tonnes earned Rs 45, 106.89 crore in 2017-18.    The quantity was up by 21.35% while the value ros...

29

06/2018
PM interacts with business leaders in Mumbai

Prime Minister Narendra Modi on Tuesday met and interacted with business leaders in Mumbai.   41 business leaders representing a wide spectrum of the Indian economy we...

28

06/2018
Livestock export from Nagpur airport to begin from June 30

For the first time, livestock of sheep and goat will be exported to Sharjah from Nagpur airport on June 30. According to statement, around one lakh sheep and goat will be expor...

27

06/2018
Mango exports break all record this year

The country has exported around 1,190 tonne of mangoes to the United States of America (USA) this season — an all time high.   The country’s mango export t...

26

06/2018
Need to increase India's share in global exports to 3.4 pc: Modi

Prime Minister Narendra Modi on Friday called for India to more than double its share in global exports from the current 1.6 per cent to 3.4 per cent.   Speaking after...

25

06/2018
Exports from SEZs up 38 per cent in May at Rs 29,000 crore

Exports from special economic zones (SEZs) grew by 38 per cent in May to Rs 29,236 crore, according to data by EPCES.    Export Promotion Council for EoUs and SEZ...

23

06/2018
Hike in import duty on US produce to India to be applicable from Aug 4

The hike in import duty on agricultural produce from the United States, such as Bengal gram, lentils (masur) and chickpeas, has been notified by India and will be applicable wi...

22

06/2018
To bridge trade gap, China opens door to Indian raw sugar

India will export 1-1.5 million tonne of raw sugar to China after almost a decade and is waiting for a formal notification from Beijing greenlighting the consignment. Though su...

21

06/2018
Govt to spend $1 bn to boost services exports: Prabhu

Commerce and Industry Minister Suresh Prabhu on Monday said the government has planned to spend $1 billion to boost export of services from the country as trade in services is ...

20

06/2018
India working towards becoming $5 trillion economy by 2025, says President Ram Nath Kovind

India is striving to become a USD 5 trillion economy and the world’s third largest consumer market by 2025, President Ram Nath Kovind has said as he highlighted investmen...

19

06/2018
Common standards to ease biscuits, sugar & milk trade in South Asia

India and its neighbours have for the first time agreed on common standards for biscuits, refined sugar and milk products that will reduce the need for inspections at border po...

18

06/2018
India will be $10 trillion economy in 10-15 years: Suresh Prabhu

Suresh Prabhu, minister of Commerce and Industry, Civil Aviation, on Tuesday took to his twitter account to say that India would be a $10 trillion economy in 10-15 years. Prabh...

16

06/2018
Cotton exports likely to jump 43% in 2018-19

India's cotton exports are expected to jump 43 per cent to 10 million bales (of 170 kg each) in the 2018-19 marketing year on strong overseas demand, especially from China,...

15

06/2018
India, US to soon hold talks on trade issues

Commerce and industry minister Suresh Prabhu has said India’s purchases of commercial aircraft and gas from the US would help bridge the trade deficit between the two cou...

14

06/2018
Bengal to export mangoes to Dubai

West Bengal has produced around nine lakh tonnes of mangoes this year and is also set to export them to Dubai and Hong Kong, said a senior minister on Saturday.   The ...

13

06/2018
Chinese officials to visit India to inspect non-basmati rice mills

A team of Chinese officials will visit India by the end of this month to inspect and certify some non-basmati rice mills here, allowing them to export to China, a senior govern...

12

06/2018
World Bank forecasts 7.3 per cent growth for India; making it fastest growing economy

The World Bank has forecast a growth rate of 7.3 per cent for India this year and 7.5 per cent for the next two years, making it the fastest growing country among major emergin...

11

06/2018
Gujarat plans to revive Mithivirdi, Vansi Borsi port projects

Gujarat government has started work on reviving two greenfield port projects, which had failed to take off due to various reasons, said two senior state government officials in...

09

06/2018
Exports to China up 40 percent in 2017

India's exports to China in 2017 increased by 40 percent to $16.34 billion, said export association Federation of Indian Export Organisations (FIEO) said on Wednesday. &n...

08

06/2018
India may play role of balancer between Russia and China at SCO

India will play critical role at the SCO beginning with the Summit this weekend as a balancing power between key member states Russia and China in the Eurasian landscape, which...

07

06/2018
Here’s what Suresh Prabhu is doing to boost India’s exports

As many as 15 projects, including setting up of a cold chain in Madhya Pradesh, were approved under by a commerce ministry scheme to develop infrastructure for promoting export...

06

06/2018
India seeks to fast-track pact with MERCOSUR

India has asked the MERCOSUR countries to fast-track negotiations for the expansion of the India-MERCOSUR Preferential Trade Agreement (PTA), which is in line with Prime Minis...

05

06/2018
WTO to set up dispute panel on India-US case on export subsidies

The World Trade Organisation's (WTO) dispute settlement body has agreed to set up a panel to examine America's allegations against certain alleged export subsidy measu...

04

06/2018
Good start: Farm exports up 11 per cent in April

India's agri exports are off to a good start in the current financial year. Shipments during April registered a growth of 11.4 per cent (Rs. 10,312 crore) and 9.5 per cent...

02

06/2018
India, Malaysia cement maritime ties

As Prime Minister Narendra Modi left to deliver the keynote address at a high-powered security summit in Singapore following his meeting with the senior-most political leader ...

01

06/2018
FICCI's Economic Outlook Survey projects GDP growth for FY19 at 7.4%

FICCI's Economic Outlook Survey projects the quarterly GDP growth forecast for Q4 2017-18 at 7.1%; taking the full year growth estimate for 2017-18 to 6.6%. The survey was...

31

05/2018
Exporters GST refund: Second phase of fast track clearance drive from Thursday

With an estimated Rs 20,000 crore exporters' refund still stuck, the government will launch the second phase of refund fortnight beginning May 31 to fast-track clearances....

31

05/2018
India’s Coal Import Declines In April Amid Diversion To Thermal Power Plants

India’s coal import fell by 9 percent to 17.32 million tonnes (MT) in April on the back of ample supply of dry fuel from domestic sources. “Coal import (all ty...

30

05/2018
Dispute panel set up at WTO to decide on India’s export subsidies

The World Trade Organisation’s Dispute Settlement Body (DSB) has agreed to establish a panel to rule on a US complaint on certain programmes in India which Washington cl...

26

05/2018
Govt hikes import duty on Walnut, almond, 3 more items

The government today raised import duties up to 100 per cent on five products, including wheat, shelled almond, walnut, and protein concentrate, which are imported from the US...

25

05/2018
Demand for 'healthy food' increases organic product exports from India

Exports of organic products from India have risen over 20 per cent in the fiscal just ended owing to the growing global appetite for healthy food that is free from chemicals a...

24

05/2018
Cheapest option for India to boost farmers' income: Pay shortfall

Prime Minister Narendra Modi pledged to double farm incomes by 2022. The most cost-effective way of fulfilling that may be by compensating farmers with cash when market prices...

23

05/2018
Open data ecosystem has the power to double farmers income by 2022.

An open data ecosystem will impact India’s GDP by $22 billion, or the equivalent of two times the amount raised through the sale of 4G spectrum in 2017, according to a s...

22

05/2018
South Korean Fresh fruit to debut in India

Local consumers will soon be able to savour South Korean pears with the government clearing the way for import of the fruit after pest-risk analysis.    ...

21

05/2018
Lesser produce of mangoes, but exporters eye newer destinations, more varieties

In a bid to boost export of mangoes by around 25 per cent, traders are exploring options of exporting varieties other than Alphonsoes to newer markets. Italy and Philippines a...

19

05/2018
Pineapple trade sniffs bonanza in Centre’s crop export policy

It’s a double bonanza for Asia’s largest pineapple market, nine years after the Vazhakkulam Pineapple got the Geographical Indicator (GI) tag. Just when the Vazhak...

18

05/2018
Centre allows export of pulses, imposes QR on import of some varieties to help farmers

 The Centre on Wednesday allowed export of pulses and levied import duty and quantitative restriction (QRs) on some variety of pulses to support domestic farmers and redu...

17

05/2018
Ghana looking at India as its industrial development partner

Ghana is looking at India as its partner for the industrial development in the African country and is expecting the bilateral-trade between the two countries to cross US $4 bi...

16

05/2018
India, Sweden hope to co-create products for global market

Nordic economic powerhouse Sweden wants to co-create products with India to build long-term relationship for the global market    Last month during Ind...

15

05/2018
Japan steps up scrutiny of garlic imported from India

Japan has increased monitoring of Indian garlic and garlic products after export samples from the country were found to have pesticide residue in March. The monitoring ...

14

05/2018
Importers from 20 countries to take part in Mumbai buyer-seller meet

Some 50 importers and buyers of tropical fruits from 20 countries will participate in a two-day Second Reverse Buyers Sellers Meet commencing from May 15 in Mumbai, an officia...

12

05/2018
Mango export to EU to get doubled

The state Food Processing Industries & Horticulture (FPI&H) department is gearing up to give a big boost to its mango export to the Europeon Union (EU) this year. The ...

11

05/2018
Goa to get export policy in 4 months: Union commerce secretary

Goa will have a dedicated export policy which will outline a strategy to promote export of manufactured goods and agricultural produce including agro-processed products. Guide...

10

05/2018
Global Kokan Mango Fest, mkt for organic farmers, to conclude in Mumbai

The Global Kokan Mango Festival, a week-long event that concludes at Nehru Science Centre, Worli, Mumbai, on May 8, 2018, made the largest platform available for the buyers in...

09

05/2018
India's 7% projected growth rate 'amazingly fast': ADB

India's projected GDP growth of over 7 per cent for the current fiscal is amazingly fast and if this momentum is maintained the size of the economy can double within a dec...

08

05/2018
Govt to roll out simplified, single GST return

The GST Council on Friday approved the rollout of a new simplified process under which a taxpayer will have to file a maximum of one GST return every month.   ...

07

05/2018
Subsidy of Rs 5.5 per quintal for sugarcane farmers approved

The government today approved a production subsidy of Rs 5.5 per quintal for sugarcane farmers to help cash-starved millers clear cane arrears that have surged to about Rs 20,...

05

05/2018
India will be next engine of global growth with new industrial policy: Suresh Prabhu

India will become the next engine of growth for the world after the launch of a new industrial policy that would focus on modernising existing industries and increasing start-...

03

05/2018
Huge potential for trade between India, southern African countries: Prabhu

India is ready and willing to assist in the development of southern African countries, Union Minister Suresh Prabhu said at a business summit here, asserting that the region h...

02

05/2018
Commerce ministry asks FSSAI, customs to cut import clearance time of food cargoes

The commerce ministry has asked FSSAI and customs authorities to clear import consignments of food products in about 48 hours at ports with a view to promote ease of doing bus...

01

05/2018
Agri Min launches new portal to help export of seeds

 Agriculture Minister Radha Mohan Singh today launched a portal to facilitate export-import of seeds and planting material.   A seed import-export port...

30

04/2018
Need for serious negotiations on US-India free trade agreement, say experts

Observing that India-US economic ties have not matched the soaring rhetoric of strategic pronouncements, eminent American experts have pushed for trade negotiation that is bro...

28

04/2018
China hails move to appoint Aamir Khan as brand Ambassador to promote trade

Ahead of tomorrow's informal summit between Prime Minister Narendra Modi and Chinese President Xi Jinping, China today hailed reports that India plans to appoint Bollywood...

27

04/2018
Government made 376 changes related to GST in 10 months: Export promotion council for SEZs

Government has made 376 changes in the Goods and Services Tax (GST) since its inception in July last year by amending rules, issuing clarifications and circulars related to re...

26

04/2018
Good news for traders Single-page GST filing system to be ready in 3-6 months, confirms Finance Secretary

Union finance secretary Hasmukh Adhia today said the proposed new single page GST return filing system will be in place over the next three to six months that will ease the pr...

24

04/2018
India’s GDP expected to reach $5 trillion by 2025: Economic Affairs Secretary

India is poised to remain the fastest growing large economy in the world and its GDP is expected to reach $5 trillion by 2025 as the economic reforms adopted in the last few y...

23

04/2018
India’s first consignment of Alphanso to US begins journey

The first consignment of Alphanso mangoes from the country has left for the US market from Vashi in Mumbai after getting approvals from American quarantine officials. The firs...

21

04/2018
Indian fruit exporters eye Central Asia: APEDA Chairman

Indian tropical fruit exporters are increasingly looking for exploring the untapped international markets of the Central Asian region, especially Kazakhstan, said APEDA Chairm...

20

04/2018
Tamil Nadu eyes market as European kids go bananas over fruit

A Recent study conducted among children in Europe found they favoured the Indian Red banana and Njalipoovan or Ney Poovan (Elakki), bringing hope to farmers in Tamil Nadu. Sig...

19

04/2018
Working on different areas to boost exports: Commerce minister Suresh Prabhu

The commerce and industry ministry is working on different areas such as improving standards of products and identifying new markets and goods to promote the country's exp...

18

04/2018
India to make South Asia the fastest growing

India’s recovering growth will drive South Asia to the fastest growing region, said World Bank’s biannual South Asia Economic Focus released on Sunday.  ...

17

04/2018
Doubling farmers’ income: Here’s why boosting agri-exports is important

In the drive to double farmers’ incomes by 2022, the agriculture minister recently tweeted, with a picture of the prime minister Narendra Modi and himself, about their r...

16

04/2018
US announces GSP eligibility review of India

Based on the market access concerns it has with India, the US on Friday announced eligibility review of India for the Generalized System of Preferences (GSP). Simultaneously, ...

14

04/2018
India will be a growth engine for global economy, says PM Modi

India will record high growth rates for a long time and will focus on its citizens’ dignity and quality of life, said Prime Minister Narendra Modi in a speech read out o...

13

04/2018
Merchant trade transaction not liable to GST: Kerala AAR

The Authority for Advance Ruling (AAR) under the GST in Kerala held that merchant trade transactions, in which traded commodities never enter the country’s tax jurisdict...

12

04/2018
Apeda eyes new markets to promote mango exports

After tapping the South Korean market last year, the Agricultural and Processed Food Products Export Development Authority (Apeda) is eyeing newer destinations such as Iran, K...

11

04/2018
Badal inaugurates Uttarakhand’s second mega food park in Kashipur

Minister for food processing industries Harsimrat Kaur Badal inaugurated Uttarakhand’s second mega food park in Mahuakhera Ganj village, Kashipur in Udham Singh Nagar di...

10

04/2018
'India needs healthy macro-economic environment to become $10 tn economy'

India will have to create and nurture a very healthy and supportive macro-economic environment to become USD 10 trillion economy by 2030, Economic Affairs Secretary Subhash Ch...

09

04/2018
FSSAI notifies draft regulations for materials used to pack food items

FSSAI has notified the draft regulations with respect to the packaging material used by food business operators (FBOs) to pack the food products. The country’s apex food...

07

04/2018
Government set up e-commerce think tank to encourage local players

The government has set up a think tank to look into ways to encourage home-grown ecommerce players and develop a domestic policy to respond to doubts raised by other countries...

06

04/2018
US-China trade war: Scope for Indian oilseed meal, cotton, maize

The trade war between the US and China could provide opportunities for Indian oilseed meal, cotton and maize producers in the Asian country’s market, according to compan...

05

04/2018
Government launches digital platforms for ease of farm export

In line with the Digital IndiaBSE -4.44 % initiative, the government has developed three online portals to make it easier to export farm products from India and reduce tran...

04

04/2018
DGFT removes port restriction for import of apples

The Directorate General of Foreign Trade (DGFT) has removed port restriction for import of apples.   DGFT in a notification said, Port restriction for impor...

03

04/2018
Govt allows export of 2 million tonnes of sugar

The government today allowed export of two million tonnes of sugar until the end of the 2017-18 marketing year, in order to clear surplus stocks and improve cash flow to mille...

02

04/2018
India, China agree to address trade imbalance

India and China Tuesday have agreed to promote a balanced and sustainable bilateral trade.   In the eleventh session of the China-India joint-group on Econo...

31

03/2018
Exim Bank extends $500 million loan facility to 15-nation group in Africa

The Export-Import Bank (Exim Bank) today said it will provide a USD 500 million credit facility to ECOWAS Bank for Investment and Development (EBID) to fund various developmen...

30

03/2018
India, Africa trade can grow 3-fold to $150 billion in 5 years: C R Chaudhary

India today expressed hope that its two-way trade with Africa would reach USD 150 billion in the next five years, from USD 52 billion currently.    Min...

29

03/2018
CBEC meets exporters to discuss GST refunds

As it tries to expedite pending refunds of the Goods and Services Tax, the Finance Ministry on Friday met exporters to discuss the main challenges.   There ...

28

03/2018
Naidu calls for India-Africa partnership

Vice President M. Venkaiah Naidu Monday said that let us develop together on a foundation of mutual trust and respect.   He was interacting with the Vice Pr...

27

03/2018
Financial assistance for export-oriented sectors

The Rajasthan government has made a provision for financial assistance to export units for participating in exhibitions organised abroad.   The move is set ...

26

03/2018
Govt prohibits pepper imports below Minimum Import Price

The Centre on Wednesday prohibited the import of pepper below the minimum import price of Rs.500/kg, heeding to a demand by domestic pepper growers.   Accor...

24

03/2018
Govt clarifies on e-way bill requirement for exports consignment

Minister of State for Finance Shiv Pratap Shukla on Thursday gave clarification on e-way bill regarding movement of goods from dry-ports to sea ports and from SEZs within the ...

23

03/2018
India must provide high-quality products to meet Japan consumers’ expectations: Envoy

Kenji Hiramatsu, Ambassador of Japan to India, has said India needs to provide high-quality products that meet the expectations of Japanese consumers. In an interview to Busin...

22

03/2018
India committed to working within WTO Framework: Prabhu

Minister of Commerce & Industry, Suresh Prabhu Tuesday said that India committed to working within WTO Framework.   The minister said this while address...

21

03/2018
APEDA holds buyer-seller meet

Agricultural and Processed Food Products Export Development Authority (APEDA), in collaboration with the department of agriculture, had organised the buyer-seller meet on Marc...

20

03/2018
India should engage with key trading partners if global trade war escalates: Assocham

India should engage bilaterally with its key trading partners to promote exports if the world witnesses an escalation of trade war, industry chamber Assocham today said. ...

19

03/2018
New Delhi to seek 8 years to phase out export subsidies at WTO

India will make a case for an eight-year transition period to phase out its export subsidies at the consultations sought by the US at the World Trade Organisation questioning ...

17

03/2018
India Offers Increased Export Opportunity to UK After Brexit: Study

Britain’s increased export opportunity to India, if it is outside the European Union, will be $3.2 billion, according to the Standard Chartered Trade Performance Index, ...

16

03/2018
RBI bans all Indian banks from issuing LoUs, LoCs

The Rs 12,700-crore fraud at Punjab National Bank has prompted the Reserve Bank of India to ban the use of letters of undertaking (LoUs) and letters of comfort (LoCs). LoUs an...

15

03/2018
Maharashtra government bets big on export of fruits, vegetables

The Maharashtra government has taken a slew of measures to promote the export of fruits and vegetables. In the last three months, the state has shipped around 2761.41 tonne fr...

14

03/2018
Sugar mills eye export of surplus

Sugar mills expect total production this season (October to September) to be 295 lakh tonnes or about 45 lakh tonnes more than the estimated domestic consumption.  ...

13

03/2018
Commerce ministry hosts Indus Foods, begins export policy consultation

The Ministry of Commerce and Industries, Government of India, hosted Indus Foods, an event exclusive to the food sector, and commenced consultation for the food export policy....

12

03/2018
Gujarat adopts ‘transparent’ agri-procurement through video, CCTV monitoring

In a first for the agri-procurement mechanism in the country, the Gujarat government plans to make videography and CCTV monitoring mandatory for the procurement of agricultura...

10

03/2018
Engineering exports to touch new high this fiscal: Commerce Secretary

Engineering exports, which have been recording a healthy growth, are expected to see a new high in the current financial year, a top central government official said today.&nb...

09

03/2018
India wants to strengthen trade ties with Egypt: Envoy

India seeks to further strengthen its bilateral cooperation with Egypt in the textiles sector through trade and investment, India's ambassador here said today.  ...

08

03/2018
Govt forms committee to study FinTech, financial inclusion of MSMEs

The Government has formed a Steering Committee to study issues relating to development of Fintech space in India and its use to enhance financial inclusion of Mirco, Small and...

07

03/2018
Government committed to support Indian investments in Europe: Akbar

The government is committed to extending every support to Indian industrys focused efforts to increase investments in European countries, Minister of State for External Affair...

06

03/2018
India's economic growth could support more US exports in future: USTR

India's economic growth and development could support significantly more American exports in the future, the Trump administration has said.    Alth...

05

03/2018
India now has over 30% of world’s organic producers

India has since long been part of the organic farming revolution. It has over 160 million hectares of arable land. According to the World of Organic Agriculture Report 2018, I...

03

03/2018
Will India capture the ‘pulse’ of export market?

Pressured by the domestic market conditions — large harvests, low prices over the last one year — the Centre recently lifted the prohibition on export of all varie...

01

03/2018
Bengaluru airport spreads scent of love across globe, exports 325 tonnes of roses

India's Garden City, Bengaluru, has lived up to his reputation by spreading the fragrance of roses across the globe this Valentine's season.  Kempegowda Internati...

28

02/2018
India-Korea Business Summit: PM Modi pitches for foreign investments, says India one of the most open economies

Pitching for foreign investments, Prime Minister Narendra Modi today said India is one of the most open economies in the world and is ready to do business with the world. Spea...

27

02/2018
Exim Bank, UNDP ink pact to extend financial support to MSMEs in N-E

Export-Import Bank of India (Exim Bank) on Friday said it has signed an agreement with the United Nations Development Programme (UNDP) for financing a project on ‘Capaci...

26

02/2018
Israeli ambassador & DoNER minister discuss start-ups, food processing

Start-ups, food processing and innovation and technology were among the topics of  common interest discussed by a delegation led by Daniel Carmon, Israel’s Ambassad...

24

02/2018
RBI sees brighter prospects for export sector

The RBI Wednesday said global trade has continued to expand, and it is expected and this should help the country's export sector.   Export growth is exp...

23

02/2018
Indians will get loans based on data, not collateral: Nandan Nilekani

India is moving in a direction where lenders will use data like GST based business flows or credit payment history, instead of collaterals, to provide loans to businesses and ...

22

02/2018
It’s time to focus on execution of policies

The government presented another Union Budget, the last before the general elections next year. There was concern all around on the possibility of it being a populist Budget w...

21

02/2018
Canada is open to trade and immigration, says PM Trudeau

Prime Minister of Canada Justin Trudeau on Monday paid a visit to Sabarmati Ashram in Ahmedabad and interacted with students and academicians at the Indian Institute of Manage...

20

02/2018
Gulfood opens at Dubai World Trade Centre

The Deputy Ruler of Dubai and the UAE’s Minister of Finance, Shaikh Hamdan Bin Rashid Al Maktoum, officially inaugurated Gulfood 2018, a food and beverage commodity expo...

19

02/2018
Govt plans meet to firm up India's stand on key issues at WTO mini ministerial

Ahead of the crucial mini ministerial meeting of 40 countries in March, the commerce ministry plans to hold discussions with industry, academia and former trade envoys on Febr...

17

02/2018
In free trade U-Turn, Modi raises India's wall of import duties

Less than a month after he declared to the World Economic Forum that India was open for business, Prime Minister Narendra Modi has raised import duties to their highest in thr...

16

02/2018
Untapped vegetable, fruit growers to get export market soon

Quality agriculture commodities that have remained unnoticed by the outside world are set to foray into the international markets as the government wants to tap unexplored are...

15

02/2018
India, Bangladesh discuss trade ties

India and Bangladesh hold a commerce secretary level bilateral talks in February 7-8, at Dhaka, the government said in a statement.   The Indian delegation ...

14

02/2018
Indian Basmati rice exporters negotiates mega deals with gulf countries

Indian exporters have negotiated mega deals that will boost shipment of Indian basmati and non-basmati rice to Gulf countries like Oman, Iraq, Qatar and Saudi Arabia. &...

13

02/2018
Modi, UAE PM discuss bilateral trade ties

Prime Minister Narendra Modi and his UAE counterpart Sheikh Mohammed Bin Rashid Al Maktoum on Sunday held an engaging discussion on expanding defence and trade ties between th...

12

02/2018
Commerce ministry for higher interest subsidy to exporters

The commerce ministry has asked its finance counterpart to enhance the rate of subsidy from 3 per cent to 5 per cent on credit provided to exporters, a senior official said to...

10

02/2018
Indian budget set to drive exports

The Hindu reported that Finance Minster Arun Jaitley said agriculture commodities such as fruits, vegetables, tea and coffee have the potential to reach US$100 billion. ...

09

02/2018
APEDA, ICAR-NCRB ink MoU to export Nendran banana via sea route to Dubai

In order to minimise the export cost, APEDA and ICAR-NCRB inked a Memorandum of Understanding (MoU) for a consultancy project, titled Development of Sea Protocol for the Trial ...

08

02/2018
Onion prices up over 30% in Maharashtra as curbs on exports lifted

Onion prices surged more than 30% over the weekend in Maharashtra after the Centre lifted export restrictions on the commodity on Friday, the day after the Budget. The decisio...

06

02/2018
Govt working on raising share of exports in GDP to 20%: Suresh Prabhu

The government will come out with a strategy document on increasing the share of exports to 20 per cent of the GDP, Commerce Minister Suresh Prabhu said today.  &n...

05

02/2018
Budget 2018: Kisan Credit Card to dairy, fisheries

The Budget has given a big boost to rural economic activities apart from agriculture with major initiatives for dairies, food processing, horticulture, aquaculture and animal ...

03

02/2018
15% export growth possible but watch out for currency, protectionism

Rupee appreciation and liquidity crunch could be the possible spoilsport in the government's expectation of exports rising 15% in 2017-18.     ...

02

02/2018
Budget 2018: Stable trade policy may bring agri cheer

The year 2017 would go down in history as a year of acute distress for a large number of farmers in India. After two consecutive drought years, they were hoping to realise a g...

01

02/2018
Budget 2018: Govt may announce National Agriculture Export Policy

To arrest the decline in farm exports, Union Finance Minister Arun Jaitley may announce a National Agriculture Export Policy in the upcoming Union Budget.   ...

31

01/2018
Economic Survey 2017-18: Highlights

GDP to grow 7-7.5% in FY19; India to regain fastest growing major economy tag GDP growth to be 6.75% in FY2017-18 Policy vigilance required next fiscal if high o...

30

01/2018
Possible for India to be in top 50 on ease of biz index: FM

Improving India's ranking in the World Bank's Ease of Doing Business index is reasonably possible if various machineries, including the tax department, make concerted ...

29

01/2018
Indian Agriculture Market Has Huge Potential, ‘Leverage Domestic Dividends’ Says USDA

During various ups & downs of the previous year, India has still retained its moderate situations among lucrative export destinations for agriculture producers. In a recen...

27

01/2018
New agri policy to promote exports: Centre

Joint Secretary in the Ministry of Commerce Santosh Kumar Sarangi on Tuesday said that the drafting of a new agricultural policy would promote export of sectoral commodities. ...

25

01/2018
Exporters ask government to speed up key infra projects

Exporters have asked the government to expedite major infrastructure projects like Sagarmala, Bharatmala and the eastern and western dedicated rail-freight corridors to help i...

24

01/2018
A simpler GST filing regime: Here are the proposed changes

In its last meeting, the GST Council deliberated changes in the filing regime for the new tax. The simplified system is expected to be approved by the Council in its next meet...

23

01/2018
Floor price for onion exports reduced by $150/tonne

The government has reduced the minimum export price (MEP) of onion by USD 150 per tonne with prices of the kitchen staple moderating.    The MEP for on...

22

01/2018
Suresh Prabhu: Government working on diversifying export basket

Commerce and industry minister Suresh Prabhu on Thursday said the government was working out a strategy to diversify the country’s export basket in a bid to enhance its ...

20

01/2018
Basmati export to Iran likely by next week

Basmati rice prices are seen rising in the international market with Iran likely to begin import of the cereal soon.      Rice exporters, w...

19

01/2018
Farm exports post 18% growth in April-October

Agricultural exports from India grew 18 per cent to $21 billion in the April-October 2017-18 period compared to just 5 per cent in 2016-17, according to a government official....

18

01/2018
Commerce Ministry to seek views on draft agriculture export policy

The commerce ministry would soon float a draft agriculture export policy to seek stakeholders' views with an aim to boost outward shipments by identifying new markets and ...

17

01/2018
India, Israel sign 9 agreements, may restart FTA talks

In an effort to diversify and broad-base engagement, India and Israel plan to scale up partnership in agriculture, science, security and technology. To increase trade and inve...

16

01/2018
New policy framework must to address export finance issues: Commerce secretary Rita Teaotia

The country needs to spruce up its policy framework to address exporters' finance needs if we were to become a USD 5-trillion economy, a top government official said. ...

13

01/2018
US envoy pitches for FTA with India

India can seize the opportunity to provide alternative investment hub for the American companies which are downgrading their operations in China, US Ambassador Kenneth Juster ...

12

01/2018
Trade body puts soyabean supply at 104 lakh tonnes

The Soybean Processors Association of India (SOPA) has, in its first quarterly estimates, put the total supply of the bean at 104.49 lakh tonnes (lt) for the oil year 2017-18,...

11

01/2018
World Bank says India has huge potential, projects 7.3 pct growth in 2018

With an ambitious government undertaking comprehensive reforms, India has enormous growth potential compared to other emerging economies, the World Bank said today, as it proj...

10

01/2018
GDP growth to be more robust next fiscal: Niti Aayog Vice Chairman Rajiv Kumar

Niti Aayog Vice Chairman Rajiv Kumar today said India's economic activity has been picking up for the last three quarters and the country's GDP growth will become more...

09

01/2018
The Indian economy is projected to grow at 7.2 per cent in 2018-19: United Nations

As per the World Economic Situation and Prospects 2018 report of the United Nations, the Indian economy is projected to grow at 7.2 per cent in 2018-19 and 7.4 per cent in 201...

08

01/2018
Rice, guar gum lead 11% farm goods export surge in April-Nov

Maintaining the growth momentum, farm products in the Agricultural and Processed Food Products Export Development Authority’s (Apeda) export basket have clocked an incre...

06

01/2018
Initiatives by Dubai Exports boosting food trade with India

Bilateral trade between India and Dubai has received a shot in the arm after Dubai’s Department of Economic Development launched a programme early this year to allow com...

05

01/2018
Maha agri board to develop 207 acres into export development zones

The Maharashtra State Agriculture Marketing Board (MSAMB) has decided to develop around 207 acres of land parcels in its possession at Jawaharlal Nehru Port Trust( JNPT), Than...

04

01/2018
New Vistas for India-China Economic and Trade Partnership

The 19th National Congress of the Communist Party of China concluded in October. In the meeting, Comrade Xi Jinping,General Secretary of the CPC Central Committee and Presiden...

03

01/2018
Centre releases Rs 24,500 crore to compensate states post GST

The revenue loss to states on account of GST implementation was Rs 24,500 crore between July-October and the Centre has released compensation to make up for it, Parliament was...

02

01/2018
Focus on cargo and logistics to boost exports: Centre to States

Ahead of a key meeting next month, the commerce department has asked states to address issues such as easier movement of cargo and skill development for logistics and also ide...