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August 28, 2026
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IPO approval enables Jio Platforms to issue fresh equity shares, with proceeds earmarked for subsidiary debt repayment and corporate purposes.
SEBI's final observations enable Jio Platforms Ltd to proceed with an initial public offering comprising up to 27 crore newly issued equity shares. The transaction is structured as a fresh issue of shares. Offer proceeds are primarily allocated towards repayment or prepayment of outstanding borrowings of Reliance Jio Infocomm Ltd, Jio Platforms' material subsidiary, with the balance designated for general corporate purposes.
August 28, 2026
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Gold price volatility intensified as dollar strength, profit-booking, and customs-duty-cut reports pressured domestic bullion markets.
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August 28, 2026
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Direct benefit transfer strengthens welfare delivery through Jan Dhan accounts, digital payments, reduced intermediaries, and expanded financial inclusion.
Direct Benefit Transfer has transferred welfare benefits directly to beneficiaries, largely through Jan Dhan accounts, reducing intermediaries and supporting transparent delivery. The Pradhan Mantri Jan Dhan Yojana provides unbanked adults basic accounts without minimum-balance or maintenance-charge requirements, along with RuPay debit cards, accident insurance coverage, and emergency overdraft access. Banking outlets, digital-payment infrastructure, and Bank Mitras extend formal financial services to women, rural and semi-urban communities, strengthening financial inclusion and participation in the formal economy.
August 28, 2026
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Foreign exchange reserves reached a record level, supported by increases in foreign currency assets and gold holdings.
India's foreign exchange reserves increased by USD 12.422 billion to an all-time high of USD 729.328 billion for the week ended 21 August. Foreign currency assets and gold reserves recorded the principal increases, while special drawing rights and the reserve position with the IMF also rose. Foreign currency asset valuation reflects movements in non-US currencies held in the reserves. FCNR(B) and concessional swap arrangements were introduced to attract additional foreign-exchange inflows.
August 28, 2026
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IPO regulatory approval enables Jio Platforms to advance preparations for its proposed fresh equity share public offering.
Jio Platforms Ltd. has obtained Sebi's final observations for its proposed initial public offering. This key regulatory stage enables further preparations for the public issue, subject to applicable regulatory requirements. The proposed offering comprises up to 27 crore fresh equity shares and is expected to account for approximately 2.9 per cent of the company's post-issue equity base.
August 28, 2026
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Financial inclusion through basic bank accounts expands banking access with no-balance accounts, debit cards, and emergency overdraft support.
Pradhan Mantri Jan Dhan Yojana enables unbanked adults to open basic bank accounts without minimum-balance or maintenance-charge requirements. Accounts include a free RuPay debit card with accident insurance coverage and eligibility for an overdraft facility during emergencies. The scheme promotes digital transactions, financial security and participation in the formal economy, while extending banking access to rural and semi-urban communities and increasing women's financial inclusion.
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Flexible personal loan repayment enables eligible borrowers to select longer tenures, subject to eligibility, terms, verification, and repayment capacity.
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August 28, 2026
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August 28, 2026
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Foreign exchange intervention and lower crude prices supported rupee appreciation despite a stronger dollar and foreign institutional investor outflows.
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August 28, 2026
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Cyber fraud impersonating enforcement officials coerced a senior citizen into bank and cryptocurrency transfers through terror-funding threats.
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August 28, 2026
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August 27, 2026
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Regulatory review of fraud allegations requires timely consideration of representations while merits and standing remain undecided.
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Personal insolvency repayment plans test creditor voting thresholds, valuation safeguards, and limits on commercial review under insolvency law.
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August 27, 2026
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August 27, 2026
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Sugar import liberalisation and stockholding limits seek to moderate retail prices amid constrained domestic supply and restricted exports.
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August 27, 2026
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Money-laundering investigation into alleged homebuyer fraud led to searches and freezing of assets linked to realty promoters.
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August 27, 2026
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Basmati rice market access may be pursued through trade agreement review, subject to import limits and safety standards.
Market access for Indian basmati rice may be pursued through review of the Comprehensive Economic Partnership Agreement, as rice remains a sensitive sector subject to import quantity limits and duties beyond permitted quantities. Processed food exports offer further opportunities where exporters comply with Japanese quality and safety standards. Bilateral cooperation also covers investment, supply chains, technology partnerships and capital flows supporting infrastructure, manufacturing and semiconductor ecosystems.
August 27, 2026
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Capital allocation discipline governs consideration of further Air India funding alongside business strategy, cash flow and investment requirements.
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Customs, DGFT & SEZ

India’s processed food products exports witnessed a growth of 26.51% during April-February 2020-21, despite challenges posed by COVID19 pandemic.

April 23, 2021

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Notwithstanding challenges faced by COVID19 pandemic, India’s export of processed food products has witnessed a growth of 26.51%in Rupee term during April-February (2020-21), compared to the same period during the previous year (2019-20).

The total value of export of processed products was ₹ 43,798 crores during April-February 2021 as per the quick estimates.

Major processed food products exported from India include pulses, processed vegetables, processed fruits and juices, groundnuts, guar gum, cereals preparations, milled products, alcoholic beverages, and oil meals.

Value added products such as processed vegetables, alcoholic beverages, and milled products have witnessed a robust growth of more than 40% in April-Feb (2020-21) compared to same period in the previous fiscal (2019-20).

The export of miscellaneous processed items including Indian snacks, sauces, starch products, vegetable flours, malt products etc and pulses grew by 36% and 33% respectively in the first 11 months of the current financial year (2020-21). Considerable exports growth was achieved for the cereals-based products (18%), processed fruits and juices (12%) and Groundnut (7%). The export of oil meals rose by 96% in current fiscal (April-Feb).

Despite Covid 19 pandemic disrupted trade around the world, the overall growth of 26.51% achieved in export of processed food products of APEDA scheduled products due to concerted efforts and initiatives taken to facilitate export from India.

According to Dr. M. Angamuthu, Chairman, APEDA, this trend of increasing exports of processed food products is likely to continue in the next financial year (2021-22).  Increase in demand of Pulses, Processed fruits and vegetables, Milled products, cereals preparations and other processed items is seen especially from Middle East, Far East, USA and UK markets.

Table: Value of Exports of processed food products

 

April-February  (2020-21)

PRODUCTS

QTY

In MTs

VALUE

Rs. Crores

PULSES

255415

1828

PROCESSED VEGETABLES

335229

2846

PROCESSED FRUITS & JUICES

485181

4666

GROUNDNUTS

589658

4911

GUAR GUM

210712

1742

CEREALS PREPARATIONS

366595

4261

COCOA PRODUCTS

23432

1006

MILLED PRODUCTS

356721

1382

ALCOHOLIC BEVERAGES

230738

2265

MISC. PROCESSED ITEMS

 

5679

Oil MEALS

 

11471

TOTAL

 

43798

For boosting agricultural and processed food products exports, APEDA initiated series of measures including virtual buyer seller meet, product promotion meeting, webinars, creation of products specific export promotion forums, ensuring market access through organizing exports promotion activities, MOUs with key stakeholders, extending financial assistance for exports promotion and promotion of GI products

Virtual Buyer Seller Meet: To leverage on the opportunity arising out of COVD 19 pandemic situation, APEDA organized virtual buyer seller meets in association with Indian Missions abroad, promoting exports of APEDA mandated products. More than 25 BSMs were organized since March 2020 with Singapore, Russia, GCC Countries, Sweden & Latvia, UAE, Kuwait, Indonesia, Switzerland, Belgium, Iran, Canada, USA, Thailand, South Africa, Bhutan, Australia, Oman, Saudi Arab and Germany. The virtual buyer seller meets have generated interest among the importers and the exporters have informed that these interactions have generated trade enquiries from many countries.

Product Promotion meetings & webinar: Regular interactions are organized with the trade to understand the difficulties faced at each level in supply chain of exports for taking up with the concerned organizations for resolving the issues. Meetings have been organized with the exporters, food processing industries, ICAR institutes, NPPO and state agriculture departments. Issues emerged have been taken up with the concerned agencies for early solutions

Products Specific Export Promotion Forums: Products specific Export Promotion Forums (EPFs) were formed to facilitate export in association with stakeholders across the entire production and supply chain.

Opening up market access &export promotion in International markets: APEDA has played an important role in opening up of new market for agricultural products in the recent past such as Canada, China, South Korea, Taiwan, Portugal, Indonesia, Iran etc. Export promotion in International markets such as Indonesia led to increase in quota for exports.

MoUs with various stakeholders for enhancing agri exports: Memorandum of Understandings (MoUs) have been signed with NCUI, NCDC, NABARD, ASCI, QCI, IIT Delhi, ICFA, SFAC and TRIFED and AFC India Ltd. for mutual cooperation to address issues emerging in the AEP in respective States. MoUs are also being signed with agricultural universities and ICARs for enhancing quality exports from the country.

Agriculture and Processed Foods Export Promotion Scheme: Financial assistance under Agriculture and Processed Foods Export Promotion Scheme of APEDA for the Medium-Term Expenditure Framework was provided under Scheme for infrastructure Development, Quality Development and Market Promotion.

Export promotion of GI products: APEDA has taken initiative to promote exports of products which registered with Geographical Indications (GI) certification in India by organizing Virtual Buyer Seller Meets with UAE and USA in association with the Indian mission abroad. APEDA is continuing with the initiative of conducting Virtual Buyer Seller Meets (VBSM) with potential importing Countries to popularize the GI products of major Agri commodities potential for export.

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