Business

MoUs with Leading Global and Domestic Players to Transform India’s Food Processing Landscape World Food India 2025, organized by the Ministry of Food Processing Industries (MoFPI), concluded on a historic note with investment commitments of unprecedented scale. Over the course of the four-day event, 26 leading domestic and global companies signed Memoranda of Understanding (MoUs) worth a total of ₹1,02,046.89 crore, marking one of the largest investment announcements in India’s food processing sector. These MoUs are projected to generate direct employment…

Driving 5G Expansion, Realizing Bharat’s 6G Vision for Viksit Bharat 2047 Key Takeaways Introduction India has marked a historic milestone with the launch of its first fully indigenous 4G (5G-ready) network and the commissioning of nearly 98,000 Swadeshi 4G towers, all powered by homegrown technology. The core network, developed by C-DOT, with Tejas Networks’ Radio Access Network and integration by TCS, exemplifies a major technological breakthrough and the realization of the Government’s commitment to Aatmanirbhar Bharat. Previously dependent on foreign…

Empowering Adolescent Girls for a Viksit Bharat Key Takeaways Introduction The NAVYA (Nurturing Aspirations through Vocational Training for Young Adolescent Girls) initiative, launched on June 24, 2025, is a pioneering joint effort by the Ministry of Skill Development and Entrepreneurship (MSDE) and the Ministry of Women and Child Development (MWCD) to provide skill training to adolescent girls for job roles in emerging sectors, while also empowering them with skills ranging from personal hygiene to communication, workplace safety and financial literacy. The aim is to foster confidence, employability,…

India’s Bold Maritime Legislation Key Takeaways Unveiling the Indian Ports Act, 2025 Ports have long served as the silent engines of India’s economic momentum. As India grows, the strategic relevance of its maritime infrastructure has never been greater. Beyond logistics, ports are catalysts for industrial corridors, employment generation, and urban renewal.The Indian Ports Act, 2025 passed by Parliament in August, 2025 marks a transformative milestone in India’s maritime governance – replacing the century-old Indian Ports Act of 1908 with a forward-looking, integrated framework tailored to the demands of…

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,…