INDIA AGRICULTURAL EXPORTS
First decade since Independence with over 4 pc agri growth, says PM Modi
Prime Minister Narendra Modi stated that Indian agriculture grew more than 4 percent per year in the past decade. He emphasized that many small farmers have improved their economic situation significantly during this time. The government invested heavily in supporting farmers, especially in fertilizer subsidies, to reduce their input costs. Modi urged farmers to adopt natural farming practices and diversify their crops to enhance income sources.
India's growth gets further votes of confidence as Moody's raises FY27 forecast to 7% from 6.5%
Moody's Ratings has raised India's economic growth forecast for 2026-27 to 7% from 6.5%. This adjustment reflects the nation's strong consumption and improving investment dynamics. Despite potential challenges such as policy interest rate hikes, consumption remains crucial for growth. Additionally, SBI Research predicts a growth of 7.8% for India in the July-September quarter. Improving economic indicators suggest a strong recovery might be underway, supporting a new cycle of private investment.
Time to be contrarian? Are analysts behind the curve? 5 stocks from two segments of the oil and gas space
The tensions that drove oil higher are still lurking under the surface. A single statement, or a single strike, and they can surface again within days. Another round of trouble cannot be entirely ruled out. And if it comes and oil climbs again, much of the contrarian case we are making weakens with it. So the improvement is real, but it is not yet fully safe.
‘Ocean freight rates will come down eventually, we have seen this before’: DP World COO
Global ocean freight rates are predicted to decrease after a surge due to logistical disruptions from the US-Iran conflict. DP World rerouted shipping routes through India to mitigate the impact on trade, showcasing the importance of Indian partnerships. Investment in Jebel Ali Free Zone increased significantly, with over 270 new Indian companies starting operations recently. Alternative routes were implemented for Indian cargo to bypass maritime bottlenecks, enhancing connectivity for trade.
Samvat 2083 begins: Will the good times roll for Indian businesses?
Samvat 2083 begins with Indian businesses entering the new year on a note of cautious optimism. Strong GST collections, festive demand and the RBI’s upgraded FY27 growth forecast point to economic resilience. But weak hiring, easing manufacturing momentum, food inflation and crude oil risks cloud the outlook.
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Pharma industry steps up API investments to cut import dependence, move up value chain
India's pharmaceutical sector is shifting towards high-value medicines and reducing reliance on imports through local manufacturing. Investments in active pharmaceutical ingredients and advanced therapies are on the rise to meet new healthcare demands. Industry leaders highlight the significance of supply-chain resilience and advancements in manufacturing capabilities. Recent data indicates strong domestic market growth and increasing pharmaceutical exports.
Nitin Gadkari says UP farmers will soon produce hydrogen from water that will run planes, cars and trains
Nitin Gadkari's hydrogen plan: Union Minister Nitin Gadkari says Uttar Pradesh farmers will soon produce hydrogen from water and agricultural waste that will power aircraft, cars and railway engines. He also highlighted ethanol production, alternative fuels and the state's potential to become an energy exporter from a net importer. The state was known as Bimaru state.
US midterm election results: What Trump & Republicans' loss means for India
US midterms result: Indian industry and economy watchers were keenly looking at the polls to try and find out what direction US policy will take. In recent months, India's trade/export fortunes have swayed in lockstep with Trump's tantrums, making policymakers jittery over any new development in the US.
Trump's midterm setback may put India under pressure for quick trade deal on US terms: GTRI
Amid electoral challenges, US President Donald Trump is likely to ramp up pressure on India to seal a trade deal. This potential agreement would require India to decrease import tariffs on US goods while the US keeps its tariffs intact. Analysts caution that such an arrangement may breach WTO MFN principles, undermining India's trade credibility. Additionally, compromising energy security and development aspirations could have serious implications.
India's solar manufacturing industry can generate 32 lakh jobs, attract $89 billion investment by 2047: ISMA
Titled Vision 2047: Solar Manufacturing from Polysilicon to Power Plant, the report presents a pathway for India to move beyond module assembly and set up manufacturing capabilities across the entire solar value chain -- from polysilicon and ingots to wafers, cells and modules, the statement said.
India has never allowed import of GM products, will never open dairy sector: Piyush Goyal
Commerce and Industry Minister Piyush Goyal emphasized India’s commitment to safeguarding its dairy sector from free trade agreement pressures. He reiterated the nation's opposition to imports of genetically modified products, considering them sensitive. Goyal mentioned efforts to unlock new employment opportunities and promote domestic agriculture for competitive exports.
India may reimpose broken rice export restrictions as prices cross $360 per tonne: IREF
India may reimpose restrictions on exports of 100% broken rice as international prices cross $360 per tonne and domestic demand from ethanol manufacturers and poultry-feed producers increases, the Indian Rice Exporters' Federation (IREF) has warned. No fresh curbs have been announced so far.
Govt consults seed, fertiliser firms on easing regulatory hurdles
The Indian government is engaging with agricultural companies to address regulatory challenges that affect the sector. Consultations focus on updating the Seeds Act, 1966, to align with modern agricultural technology. Industry representatives have pointed out delays in approvals and licensing processes that hinder market access.
India’s small companies need to see AI as more than an artificial promise
India MSME news: India's micro, small and medium enterprises are exploring the adoption of artificial intelligence to enhance productivity. AI is expected to generate significant economic value for these enterprises in manufacturing and services sectors. Various challenges remain regarding the integration of AI into existing workflows and overcoming cost barriers. Collaborative efforts among industry bodies, technology providers, and the government are essential for facilitating this transition.
India-New Zealand FTA: Expanding India’s footprint in Oceania
More than a trade deal, the India-New Zealand FTA is a strategic gateway to new markets, fresh investment and stronger capabilities, positioning India to compete, connect, and grow across the Asia-Pacific.
EAM Jaishankar discusses Ukraine-Russia conflict solutions amid G20 summit
India has engaged in discussions with Russia, Europe, and Ukraine regarding the ongoing conflict and its impact. These talks focused on preventing attacks on civilian shipping and restoring grain exports affected by Black Sea disruptions. External Affairs Minister S. Jaishankar emphasised the complexity of discussions around ceasing attacks on energy installations. Various interpretations of what constitutes energy installations have complicated these discussions.
Good intentions, unintended consequences: The cost of regulation
Regulation is vital for protecting consumers and building trust, but unpredictable or poorly calibrated policy changes can disrupt business economics, valuations and investment.
Fuel, forex and farmers: Why India is betting big on maize
A grain that once fed chickens now fuels cars and, soon, planes. The harder question is whether Indian farms can keep up with the demand it has created.
Telangana's Tur Dal reaches Australia: Piyush Goyal says India's GI products are winning the world as first-ever 2.5 MT Tandur pigeon pea exported
Telangana’s GI-tagged Tandur Tur Dal has reached Australia through its first-ever export shipment of 2.5 metric tonnes, announced by Union Commerce Minister Piyush Goyal. He said rising global demand for authentic Indian agricultural products is creating financial opportunities for farmers and exporters.
India is addressing Wall Street’s favourite ‘elephant’ in the room to its own advantage
The Indian government has identified 762 potential applications of artificial intelligence across 62 ministries and departments, spanning farming, railway safety, tax compliance, public grievances, customs and healthcare. While some tools are already in use, others remain in pilot or development stages.
SKUAST VC proposes green cess for tourists and research cess for orchardists at Apple Conclave of CII in Kashmir
In a bid to boost revenue in Jammu and Kashmir, Nazir Ahmad Ganai has proposed a green cess targeting tourists with the aim to fund horticulture research through a suggested research cess levied on orchardists. Leading experts gathered to explore ways to capitalise on Kashmiri apples, emphasising advancements in branding and cold-chain logistics.
Karnataka, DGFT to host state-level workshop to help exporters leverage FTAs
On October 30, a workshop will be organized by the DGFT, Karnataka government, and FIEO in Bengaluru. The event aims to enhance Karnataka's export competitiveness and awareness of Free Trade Agreements. Nearly 200 participants, including exporters and industry officials, are expected to attend. Technical sessions will cover opportunities in various sectors and policy interventions under new FTAs. Senior officials and the state minister will address attendees at this important event.
Russia’s farm exports to India rise 11% in nine months, led by sunflower oil
Russia's agricultural exports to India rose significantly in the first nine months of the year. Agroexport reported shipments reached 1.3 million tons, primarily driven by sunflower oil. This represents an 11% increase in volume compared to previous figures, amounting to $1.45 billion. Trade between India and Russia has expanded significantly, growing more than 20% overall this year. Both countries aim for $100 billion in bilateral trade by 2030.
US, Brazil and Israel elections put India’s trade worth billions in focus
Recent elections in the US, Brazil, and Israel may impact India's trade negotiations and economic partnerships. The US is close to finalizing a trade pact, which could affect Indian exports significantly. Brazil's growing economic relationship with India is leading to ambitious trade targets between the two nations. In Israel, the continuation of defense cooperation and negotiations for a free trade agreement are crucial for India.
India-Russia trade grew by 20 per cent this year: Russian State Duma Chairman
India imported $44.9 billion of Russian goods during the period, including $36 billion in crude oil. Indian exports to Russia totaled $2.8 billion, with Moscow increasing purchases of chemicals, electrical goods, medical equipment, seafood, tea, and spices.
India eyes 30 million tonnes fish output in 5 years, seafood exports of Rs 1.25 lakh crore
India has initiated a national action plan for inland small-scale fisheries to increase fish production. The plan aims to achieve a target of 30 million tonnes over the next five years. It will focus on improving livelihoods and sustainability amid climate change challenges. Stakeholder consultations will be conducted to finalise the plan, which covers diverse aquatic ecosystems.
India must shift from rice volume to value, says Food Processing Minister Chirag Paswan
India has progressed in rice production and is now focusing on value addition and food processing. Food Processing Industries Minister Chirag Paswan outlined the need for improved quality and sustainability in the rice value chain. The government aims to enhance rice exports while promoting innovation in processing technologies. Strengthening agricultural links to industry is essential for achieving rural prosperity and increasing farmer incomes.
India eyes a $20 billion pot of gold in New Zealand as its trade pact goes live
The free trade agreement between India and New Zealand promises to promote trade and enhance professional movement. While some goods may enjoy duty-free status, a significant rise in merchandise exports might take time. However, New Zealand's engagement in several service sectors holds potential benefits for Indian companies. The agreement also opens up new job opportunities for Indian students and creates pathways for skilled professionals.
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