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New Delhi [India], April 3 (ANI): India's fisheries sector has emerged as a major contributor to food security, employment, export earnings and sustainable livelihoods, backed by a record ₹39,272 crore investment by the Government of India since 2015. According to an official press release issued by the Ministry of Fisheries, Animal Husbandry & Dairying, the sector supports nearly 30 million fishers and fish farmers at the primary level and almost twice as many across the value chain. Ranked t ...Read More >
New Delhi: India's fish production has more than doubled over 10 years to 197.75 lakh tonnes in 2024-25 from 95.79 lakh tonnes in 2013-14, making it the second largest producer of marine products in the world, according to a factsheet put out by the Central government on Monday. Collectively, fisheries-related schemes implemented since 2014-15 have generated an estimated 74.66 lakh direct and indirect employment opportunities, underscoring the sector's expanding role in inclusive and sustainabl ...Read More >
New Delhi: India's fish production has more than doubled over 10 years to 197.75 lakh tonnes in 2024-25 from 95.79 lakh tonnes in 2013-14, making it the second largest producer of marine products in the world, according to a factsheet put out by the Central government on Monday. Collectively, fisheries-related schemes implemented since 2014-15 have generated an estimated 74.66 lakh direct and indirect employment opportunities, underscoring the sector's expanding role in inclusive and sustainabl ...Read More >
Aquapulse, a pioneering aquaculture technology startup located in Bhubaneswar, has successfully raised an impressive Rs 25 crore in Series A funding, with NABVENTURES at the helm of this investment. This infusion of capital will enable Aquapulse to broaden its network of farmers and build an advanced processing facility, aiming to improve quality control and increase profits for farmers. Aquapulse, a Bhubaneswar-based integrated aquaculture tech startup, has raised Rs 25 crore in an ongoing Ser ...Read More >
US President Donald Trump has reduced import duties on nearly 200 agricultural and food products, benefiting Indian suppliers of spices, tea, and processed foods. This move aims to address domestic pressure over rising prices, with India's exports of spices and processed foods expected to see significant gains. Indian suppliers of spices, tea and several processed foods are set to benefit after US President Donald Trump reduced import duties on close to 200 agricultural and food products, repor ...Read More >
NEW DELHI (Reuters) -Amazon on Monday said it has helped Indian sellers surpass $20 billion in total exports, including nearly $7 billion this year, as small operators work to offset the impact of new U.S. import tariffs that were imposed in August. The company said it remained confident in its long-term growth and set a new target of reaching $80 billion in exports by 2030, driven by rising global demand for cosmetics, toys, furniture and apparel. Thousands of Indian artisans and small busine ...Read More >
In a move signaling a new chapter for seafood trade, Australia has lifted its eight-year ban on unpeeled Indian prawn imports, paving the way for Andhra Pradesh shrimp exporters to thrive. This decision comes after the advocacy of importers in Australia and New Zealand, who campaigned for more lenient trading conditions. Eight years after restricting shrimp imports from India, Australia on Tuesday granted first import approval for unpeeled Indian prawns from Andhra Pradesh. After Trump tariffs ...Read More >
Visakhapatnam: Seafood exports to the European Union have increased by 20 per cent -- and exporters are widening their markets to offset the higher US tariff impact on exports from India. EU-bound exports reached 215,080 metric tonnes worth Rs 9,430 crore (US$ 1,125.6 million), led by shrimp, cuttlefish and squid in frozen form. Significantly, the EU has listed 102 new Indian fishery establishments for export from this country to European member countries. "Following the 50 per cent hike by th ...Read More >
In a fresh twist to international trade, Russia is poised to become a major player in the banana market, turning its gaze towards India for imports. The Russian agricultural oversight body, Rosselkhoznadzor, has revealed plans to source anywhere from 300,000 to 500,000 metric tonnes of bananas annually. Russia could import up to half million metric tonnes of bananas from India, the country's phytosanitary watchdog here said. Rosselkhoznadzor --- phytosanitary watchdog which gives the approval ...Read More >
India's merchandise exports in September rose 6.75 per cent to $36.38 billion compared to the same month of the previous year, despite the punitive tariffs imposed by the US, according to data released by the Commerce Ministry on Wednesday. New Delhi, India's merchandise exports in September rose 6.75 per cent to $36.38 billion compared to the same month of the previous year, despite the punitive tariffs imposed by the US, according to data released by the Commerce Ministry on Wednesday. The e ...Read More >
Chennai: Despite a full month of 50 per cent US tariffs, quite intriguingly, India's merchandise exports grew both yearly as well as sequentially in September. As per the government data, merchandise exports grew 6.75 per cent on a y-o-y basis and 3.64 per cent on a m-o-m basis. The exports to the US were down by just 11.9 per cent. Merchandise exports in September rose 6.75 per cent to $36.38 billion against $34.08 billion in the same month last year. September exports rose 3.64 per cent again ...Read More >
The Asian Development Bank (ADB) on Tuesday lowered its growth forecast for the current financial year by 20 basis points (bps) to 6.5 per cent, citing steep tariff hikes by the US that are expected to come into effect in the second half of FY26, thus affecting exports and manufacturing growth. "India faces the steepest tariff hikes among developing Asian economies, prompting a downgrade in its growth outlook. For FY2025 [ending on 31 March of the next year], growth is now projected at 6.5 per ...Read More >
Dmitry Patrushev leads a large Russian delegation to India for the World Food India expo. The focus is on agriculture joint ventures, including fertilizers. This partnership aims to strengthen ties beyond buyer-seller relations. Discussions include boosting Indian shrimp exports to Russia, especially with US tariffs impacting exports. Increased fertilizer exports from Russia to India have already been observed. Russian deputy prime minister Dmitry Patrushev is leading one of the biggest ever Ru ...Read More >
NEW DELHI: Andhra Pradesh chief minister N Chandrababu Naidu has sought a moratorium on loan and interest repayments for aqua sector companies, financial support for exporters, a Rs 100-crore corpus fund, and cold storage facilities to help the sector cushion the blow from the steep rise in US tariffs on Indian imports. Highlighting the loss from increase in US tariffs, Naidu said India's shrimp exports have taken a hit of about Rs 25,000 crore with about 50% of export orders cancelled. Furthe ...Read More >
Andhra Pradesh Chief Minister N. Chandrababu Naidu has appealed to the Union Government to come to the rescue of aqua farmers in the State, who are under severe distress due to the imposition of 50 per cent tariffs by the United States. He asked the Government to consider announcing a 240-day moratorium on loan and interest repayments, interest subsidies, and a temporary waiver of the 5 per cent GST on frozen shrimp. Calling for a national policy to protect the interests of aqua farmers, Naidu ...Read More >
Vijayawada, Sep 15 (UNI) Andhra Pradesh Chief Minister N Chandrababu Naidu has appealed to the Centre to support aqua farmers in Andhra Pradesh who are facing severe distress due to US-imposed tariffs. The Chief Minister urged the union Government to take decisions at the national level to protect aqua farmers from losses and requested measures to increase domestic consumption of aqua products. To this end, he has written separate letters to union Finance Minister Nirmala Sitharaman, Commerce ...Read More >
New Delhi: As India is facing a steep US tariff on exports, Union commerce and industry minister Piyush Goyal on Friday talked tough, saying that India will neither bow down nor ever appear weak in any trade deal with any country. Besides, the minister also assured all domestic exporters that the government would soon announce a slew of measures to boost exports and domestic consumption to shield the industry from the adverse impact of unilateral actions by other countries. His comments come at ...Read More >
Need to stay united, must stand up to bullying, says Maruti Chairman RC Bhargava (File image) India needs to come together to deal with the 50 per cent punitive US tariffs on Indian products and stand up to any kind of bullying, Maruti Suzuki India Chairman R C Bhargava said on Thursday at the company's 44th Annual General Meeting (AGM) in New Delhi. "It is our duty as Indians to do our very best to promote and maintain our dignity and respect and not give in to any kind of bullying in this ma ...Read More >
New Delhi, Aug 28 (PTI) India needs to come together to deal with the 50 per cent punitive US tariffs on Indian products and stand up to any kind of bullying, Maruti Suzuki India Chairman R C Bhargava said on Thursday. Addressing shareholders at the company's 44th Annual General Meeting (AGM) here, the veteran industry leader also noted that reduction in GST on small cars would help in reviving the growth of the industry. "We are all aware of the global uncertainty that has been caused in rece ...Read More >
WASHINGTON/NEW DELHI, Aug 27 (Reuters) - U.S. President Donald Trump's doubling of tariffs on imports from India to as much as 50% took effect as scheduled on Wednesday, delivering a serious blow to ties between two powerful democracies that had in recent decades become strategic partners. A punitive 25% tariff, imposed due to India's purchases of Russian oil, was added to Trump's prior 25% tariff on many imports from the South Asian nation. It takes total duties as high as 50% for goods as var ...Read More >
The reciprocal tariff does pose challenges, but the overlooked transshipment clause alters the competitive landscape, blunting some of the damage and might even create opportunities in some areas The ongoing trade conflict between the United States and India has escalated with Washington's decision to levy a 25 per cent reciprocal tariff on Indian exports effective August 7, followed by an additional 25 per cent tariff linked to India's purchases of Russian oil, effective August 27. The tariffs ...Read More >
Apex exporters body FIEO raises alarm over rising US tariffs. Indian goods face increased duties from August 27, 2025. Textile manufacturers in Tirupur, Noida, and Surat have stopped production. Cost competitiveness is worsening. FIEO urges government support. They seek interest subvention schemes and export credit. Focus is on MSMEs. Diplomatic engagement with the US is crucial. Apex exporters body FIEO on Tuesday expressed serious concerns over high US tariffs on Indian goods and said that te ...Read More >
New Delhi, August 26: The Federation of Indian Export Organisations (FIEO) on Thursday expressed grave concern over the US government's imposition of an additional 25 per cent tariff on Indian-origin goods, raising total duties on many export categories up to 50 per cent, with effect from Friday. FIEO President S.C. Ralhan described the development as a "setback". He said that the duty hike can severely impact India's exports to the US, with approximately 55 per cent of India's US-bound shipment ...Read More >
RBI Governor Sanjay Malhotra on Monday asked banks and corporates to come together and drive the "animal spirits" RBI Governor Sanjay Malhotra on Monday asked banks and corporates to come together and drive the "animal spirits" to create an investment cycle, as the country navigates a choppy global economic environment. In his inaugural address at the annual banking conference 'FIBAC 2025', the Governor said RBI is examining measures to expand bank credit including the sunrise sectors. "I woul ...Read More >
New Delhi [India], August 25 (ANI): India is ready to extend necessary civil aviation support to Indian private air carriers to facilitate direct air connectivity with Fiji, said Neena Malhotra, Secretary (South), Ministry of External Affairs (MEA), on Monday. During a special briefing on the occasion of the visit of the Prime Minister of Fiji, Sitiveni Rabuka, to India, Malhotra addressed the pressing issue of limited air connectivity between India and Fiji, while acknowledging the challenges ...Read More >
Mumbai: Reserve Bank Governor Sanjay Malhotra Monday said that corporates and banks need to come together to boost investments amid challenges emanating from tariff uncertainties and geopolitical concerns, stressing that the central bank has not lost sight of growth objectives. Speaking at the annual Fibac event here, the Governor said he is hopeful that the ongoing negotiations between the US and Indian trade representatives will yield a decision which will "minimize" the impact of tariffs on ...Read More >
Kinnaur: A cloudburst was reported in Himachal Pradesh's Kinnaur district on Wednesday evening. Due to the cloudburst, a sudden flash flood struck Hojis Lungpa Nala. Notably, the site was an active road construction zone under CPWD towards Gangthang Bralam. A rescue operation was launched to rescue the stranded civilians. The Indian Army was also called in to help the local administration. The Army has deployed its new generation equipment to assist in the operation. The Logistics Drone High Al ...Read More >
Mumbai: Chief Economic Advisor V Anantha Nageswaran on Wednesday said US tariffs-related challenges will dissipate in the next one or two quarters, and urged the private sector to do more as the country navigates through other longer-term challenges. He attributed the growth slowdown in FY25, which saw a deceleration to 6.5 per cent from FY24's 9.2 per cent, to tight credit conditions and liquidity issues. The right agriculture policies can add 25 per cent to real GDP growth, Nageswaran added. ...Read More >
Chief Economic Advisor V Anantha Nageswaran Chief Economic Advisor V Anantha Nageswaran on Wednesday said US tariffs-related challenges will dissipate in the next one or two quarters, and urged the private sector to do more as the country navigates through other longer-term challenges. He attributed the growth slowdown in FY25, which saw a deceleration to 6.5 per cent from FY24's 9.2 per cent, to tight credit conditions and liquidity issues. The right agriculture policies can add 25 per cent t ...Read More >
New Delhi: The government is working on certain support measures for exporters in sectors like textiles and chemicals to insulate them from the impact of the Trump tariff, an official said on Monday. US President Donald Trump has announced an additional 25 per cent import duty on Indian goods entering America from August 7. The official said that the commerce ministry has held meetings with several export sectors, including steel, food processing, engineering, marine, and agriculture, to under ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.