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India, EU aim to have FTA ready ahead of leaders' meet on Jan 27: Commerce secretary.

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India is close to signing a long-coveted trade deal with the European Union this month, trade secretary Rajesh Agrawal said on Thursday, in what would be the South Asian nation's largest pact yet as it ‌chases new markets ‌amid US tariff pressure. Agrawal said the two sides were 'very close' to finalising the ‌agreement and were exploring whether it could be wrapped up before leaders from both sides meet in New Delhi this month.

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Government approves wheat exports and allows additional wheat product and sugar exports.

  1. The Government of India has approved the export of 25 Lakh Metric Tonnes (LMT) of wheat along with an additional 5 LMT of wheat products, taking a decisive and farmer-centric step to stabilise domestic markets and ensure remunerative returns to producers. This calibrated decision has been taken after a comprehensive assessment of the current availability and price scenario, reaffirming the Government’s commitment to protecting farmers’ interests.

Wheat stock availability with private entities during 2025–26 stands at approximately 75 LMT, which is nearly 32 LMT higher compared to the corresponding period last year. This substantial year-on-year increase indicates a comfortable supply position in the country. Furthermore, as on 1st April 2026, total wheat availability in the central pool with FCI is projected at around 182 LMT thus ensuring that export permissions will not impact domestic food security requirements.


 
 
 

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