Business

Building Resilient Infrastructure for Storage of Food Grains Key Takeaways Introduction India’s agricultural sector, one of the largest in the world, is the backbone of its economy, serving as a cornerstone for ensuring food security, employment generation, and economic growth. Food grains, forming the foundation of human diet, primarily include cereals such as rice, wheat, millets such as maize, jowar, and bajra, and pulses such as arhar, moong, urad, chana, and masoor. Rich in carbohydrates, proteins, and essential nutrients, these food grains are central to ensuring food security and nutrition in India.…

Sept 2025 : Industrial production is the foundation of the global economy, yet it is also a significant source of greenhouse gas emissions. As countries and industrial sectors pursue pathways to net zero, the question is not whether carbon management is needed, but how to do it effectively. Among the options available, carbon capture and utilisation (CCU) offers a promising pathway to convert captured CO2 into products such as fuels, chemicals and building materials those which are potential in creating…

An MoU signed between CSIR-AMPRI and IMD This Effort is to enhance collaborative research on scientific and societal challenges related to weather, climate variability, forecasting On the auspicious occasion of CSIR’s Foundation Day, 26th September 2025, SODAR (Sound Detection and Ranging) system facility, designed & developed by CSIR–Advanced Materials and Processes Research Institute (AMPRI), Bhopal was inaugurated at India Meteorological Department, (IMD), Delhi by Dr. M. Ravichandran, Secretary, Ministry of Earth Sciences (MoES),  Dr. Mrutyunjay Mohapatra, Director General of Meteorology,…

Sept 2025 : The African Development Bank Group Board of Directors has approved a $10 million trade finance transaction guarantee facility for Exim Bank Tanzania Limited to unlock and de-risk trade deals. The facility will provide up to 100 percent guarantees to international confirming banks against risks of non-payment. This support will release trade finance lines for Exim, expand access to essential imports, and strengthen Tanzania’s private sector. The new facility is expected to support up to $60 million in…

The Reserve Bank released the results of 2024-25 round of its survey on international trade in banking services (ITBS). This annual survey focuses on cross- border fund-based banking services (e.g., deposits, credit) as well as financial auxiliary services with explicit/implicit fees/commissions charged by foreign branches / subsidiaries (including joint ventures) of Indian banks as well as foreign banks operating in India (details of the services are given in the Annex). The latest round of the survey covers 13 Indian banks having…

Vidarbha Industries Association (VIA) MSME Forum organised a session on “Credit Ratings as a Catalyst for MSME Growth and Profitability” recently at VIA Auditorium, Nagpur. Dr Bhavesh Sampat, Associate Director, CARE Ratings Limited, Mumbai conducted the session on Credit Rating Methodology. Dr Sampat, with his vast expertise in financial markets and risk assessment, elaborated on the structured methodology followed by CARE Ratings in evaluating creditworthiness of businesses. He explained that the rating process encompasses industry and economic risks, internal strengths,…

“Taking India’s Cooperative Strength to World Markets” Introduction National Co-operative Exports Limited is a national level multi-state co-operative dedicated to exports. It is an umbrella body that represents the entire co-operative sector of India in overseas markets. NCEL was approved by the Union Government and formally registered under the Multi-State Co-operative Societies Act, 2002 on 25 January 2023. (The Multi-State Co-operative Societies Act, 2002 governs cooperative societies that operate across more than one state. It allows members to form cooperatives voluntarily and ensures they function democratically.…

Goa Shipyard Limited (GSL) held its 59th Annual General Meeting (AGM) virtually on Thursday, 25 September 2025, chaired by Shri Brajesh Kumar Upadhyay, Chairman & Managing Director (CMD). Addressing the AGM, Shri Upadhyay said that Financial Year 2024-25 marked the strongest and best-ever performance in the company’s history, with record-breaking results surpassing all previous benchmarks. He said that the GSL achieved an exceptional 71% growth in Value of Production, which surged to ₹2,801 Cr alongside a 53% increase in Gross…

A high-level Indian delegation led by Ms. Neelam Shami Rao, Secretary, Ministry of Textiles, Government of India, showcased India’s expanding strength in the technical textiles sector at a dedicated Technical Textiles Roadshow in Manchester, United Kingdom. The delegation comprised senior officials from the Ministry of Textiles and representatives from the Man-Made Fibre, Technical Textiles and other key textile segments, including TEXPROCIL, underlining India’s robust capabilities and commitment to innovation-driven and sustainable growth. Secretary’s Address — Innovation, Sustainability & CETA In…

The Ministry of Tourism is organising a special culinary event titled “World Food India – Reviving the Culinary Treasures of India” from 25th to 28th September 2025 at Bharat Mandapam, New Delhi, during the 4th edition of World Food India. The four-day event is aimed at showcasing India’s rich culinary heritage and positioning Indian cuisine on the global stage. The initiative focuses on reviving forgotten food traditions, highlighting ancient cooking techniques, and exploring the export potential of indigenous ingredients. India Food Tourism Organisation…