Iran–Israel War: India’s busiest port JNPA clears the decks as relief steps cut stranded containers

The realm of Indian micro, small, and medium enterprises is brimming with potential. Union Minister Jitin Prasada points out that the convergence of free trade agreements and a flourishing domestic market is creating new opportunities. With trade pacts now reaching 65% of the developed nations, an expansive global market is available for India’s high-quality products.

At a recent business summit, India’s Commerce Minister Piyush Goyal passionately invited companies to explore the vast opportunities presented by free trade agreements. He pointed out that around two-thirds of the world’s trade market is now within reach for Indian enterprises. The government’s commitment to innovation and streamlined intellectual property processes is palpable.

India’s recent free trade agreements are set to boost the domestic pharma and healthcare industries. Commerce Minister Piyush Goyal highlighted the vast business potential these pacts unlock. Agreements with Mauritius, Australia, UAE, and EFTA are already active. Negotiations with GCC and Eurasia are progressing well.

Assam government has released Rs 94.70 crores to 486 tea gardens under the ATISIS scheme. This initiative aims to boost orthodox and specialty tea production and ensure financial stability. The scheme offers interest subvention, production subsidies, and tax holidays. However, the ongoing Iran-Israel-US conflict poses a significant threat to Indian tea exports, particularly to the […]

India’s shrimp exports are projected to surpass Rs 50,000 crore this fiscal, marking a 13-15% increase after three years of stagnation. This growth is driven by diversification into new markets, offsetting steep US tariffs. Operating margins are expected to remain stable, with credit profiles staying strong due to low debt.