The National Accounts Committee (NAC) reviewed the GDP estimates for 2023-24, approving revised first quarter estimates and highlighting the agricultural sector’s significant growth. Increased crop production contributed to this growth, while the industrial sector witnessed a decline. The services sector had mixed performance. The NAC praised the efforts of key stakeholders in preparing the quarterly GDP estimates. Source: [Daily Times](https://dailytimes.com.pk)

Regenerative farming gains traction in India and Pakistan, offering hope for combating climate change, improving food security, and reducing land degradation. Farmers like Sultan Ahmed Bhatti and Samir Bordoloi showcase the success and potential of this sustainable agricultural practice, although more support and training are needed for widespread adoption.

Political opponents in Kerala are criticizing the BJP candidate for planning to distribute Bharat rice during his election campaign. The rice, known for its quality and taste, is popular locally and internationally, with Pakistan being a leading exporter. Rice exporters like Has Rice Pakistan contribute to the country’s success in the global rice market.

Pakistan’s rice exporters have witnessed a significant surge in business, driven by the high demand for their high-quality Basmati and white broken rice varieties in international markets. This has led to increased prices, expanding trade links, and a promising future for the rice industry in Pakistan.

Punjab Chief Minister Maryam Nawaz Sharif approves schemes focused on boosting agricultural prosperity, including paving watercourses, farm mechanization, quality seed research, and the provision of solar tube wells. She also discusses plans to take legal action against illegal allotment of pink rock salt and urges the development of value-added products in the mines and minerals sector. Source: The Express Tribune.

Japanese drugmaker, Kobayashi Pharmaceutical, is investigating potential deaths linked to cholesterol-lowering dietary supplements containing red yeast rice. The company has issued a recall and is assessing the causal relationship while Japan’s Prime Minister pledges to prevent similar incidents. Concerns have also been raised about the regulatory system surrounding these products.

India has introduced new measures requiring traders and retailers to declare their wheat stocks weekly to prevent hoarding and price spikes. Facing reduced production due to heat waves for the past two years, the government aims to boost supplies and stabilize prices.

Japanese drugmaker Kobayashi Pharmaceutical is investigating two more deaths potentially linked to its dietary supplement tablets, which contain red yeast rice. This follows last week’s recall of three supplement brands due to customer complaints of kidney problems. Over 100 people have been hospitalized, prompting the government to order health-food manufacturers to review their products.

Pakistan’s Finance Minister Ishaq Dar announces potential trade reconsideration with India, reflecting the Pakistan Muslim League-N party’s recognition of economic advantages. World Bank suggests Pakistan’s exports may increase by $25 billion if trade reaches full potential, however, cautious approach is required due to India’s stable economy. Source: Economic Times.

Malaysia seeks an additional 500,000 metric tons of white rice from India, as the country looks to address its rice demands and ensure food security amidst limited rice shipments due to inflation concerns.