AIFPA

India has sought certainty from the European Union that the bloc will not impose new non-tariff barriers in future hurting the country’s interests. India’s insistence on such an assurance comes as the two sides assess the progress of their free trade agreement (FTA) negotiations, which restarted two years ago. Read More

With Hindustan Unilever‘s (HUL) board approving the demerger of its ice-cream business into an independent listed entity, investors in India will get a pure-play MNC ice cream company to invest in. Read More

U.S. President-elect Donald Trump said on Monday that on his first day in office he would impose a 25% tariff on all products from Mexico and Canada, and an additional 10% tariff on goods from China, citing concerns over illegal immigration and the trade of illicit drugs. Read More

The food regulator has notified rules related to omission of Agmark, BIS and ISI certifications on certain food categories under the Food Safety and Standards (Prohibition and Restrictions on Sales) Regulations. Read More

The government announced a national mission to promote natural farming among 10 million farmers across the country with a budget outlay of ₹2,481 crore. The Cabinet decision aims at creating a robust system for sustainable farming. GoI’s share in this will be ₹1,584 crore and states’ ₹897 crore till the 15th Finance Commission (2025-26). Read More

Hindustan Unilever (HUL) said its board has given an in-principle approval to demerge its ice-cream business into an independent listed entity to create a business with a differentiated operating model and supply chain. Ice-cream requires a distinct approach to manufacturing and distribution. Read More

The food regulator has notified the Food Safety and Standards (Contaminants, Toxins and Residues) First Amendment Regulations, 2024, prescribing the limits relating to crop contaminants and prohibiting use of veterinary drugs. Read More

There is a need to raise quality standards in the country and industry needs to tap into its technical committees and appoint representatives to ensure standards are maintained, commerce and industry minister Piyush Goyal on Thursday said at the Federation of Indian Chambers of Commerce and Industry (Ficci) 97th annual general meeting and annual convention. Read More

Ms. Nadia Chauhan, joint managing director at Parle Agro, attributed a steep 87% year-on-year decline in the Frooti and Appy Fizz maker’s net profit for FY24 to the 40% ‘sin tax‘ on sparkling drinks. Read More

Food and beverage companies across the Asia-Pacific (APAC) region are ramping up investments in food safety and traceability technology. This trend is a response to increasing local challenges and complex supply chain issues, fuelled by climate change, public health risks, and emerging regulations. Read More