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September 25, 2026
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Interest-free working capital assistance for FCV tobacco growers supports liquidity, institutional loan repayment, crop inputs, and reduced private borrowing.
A one-time, interest-free working-capital loan of Rs. 50,000 per barn is approved for FCV tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme. Covering about 44,000 growers, the assistance is proposed to be delivered through direct benefit transfer. It is intended to provide liquidity for household requirements, institutional loan repayment and crop inputs, while reducing dependence on private borrowing.
September 25, 2026
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Government securities auction calendar establishes retail bidding access, flexible issuance terms, greenshoe subscriptions, and periodic debt switch operations.
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September 25, 2026
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Market borrowing plan sets dated securities auctions, Treasury Bill issuance, redemption management, and temporary cash-flow support.
Government market borrowing for the second half of FY 2026-27 is to be raised through weekly auctions of dated securities, including Sovereign Green Bonds, across maturities from 3 to 50 years. Debt-management measures include switching and buyback operations to smooth the redemption profile and a greenshoe option for additional subscriptions. Treasury Bills are to be issued through weekly auctions in 91-day, 182-day and 364-day maturities. The Ways and Means Advances limit is fixed to address temporary mismatches in government accounts.
September 25, 2026
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GI-tagged agricultural exports expand farmer access to international markets through FPO-led value chains and higher price realisation.
APEDA facilitated the export of a one-metric-tonne consignment of GI-tagged Gulbarga Tur Dal from Karnataka to the Maldives through an FPO-led brand. Gulbarga Tur Dal has held GI registration since 2019. The export-linked channel provides farmers a realisation of Rs.82 per kg compared with a prevailing market price of Rs.60 per kg, while supporting closer integration of FPOs and farmers into export-oriented supply chains.
September 25, 2026
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Trader welfare policy discussions covered GST reform, digital commerce, finance access, export promotion, and coordinated institutional support.
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September 25, 2026
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Gold smuggling through powdered gold concealed in food products led to seizure and arrests under customs law.
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September 25, 2026
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Customs seizure of suspected smuggled areca nuts and restricted poppy seeds followed intelligence-led cross-border enforcement operations.
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September 25, 2026
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Foreign exchange reserve composition reflects a weekly decline driven by foreign currency assets despite a modest gold increase.
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September 25, 2026
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Alternative fuel transition promotes ethanol, electric and hydrogen mobility to reduce imports, pollution, and strengthen farm income.
Alternative-fuel and public-transport measures seek to reduce dependence on imported petroleum, curb air pollution, and support farmer income and employment. Ethanol is positioned as a farm-income source through increased demand and returns for maize growers, alongside electricity, hydrogen and waste-derived CNG. Development and introduction of flex-fuel vehicles, using engines capable of operating on ethanol, electric tractors, hydrogen-powered vehicles and hydrogen buses form part of a cleaner-mobility strategy.
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Foreign-exchange market intervention expectations supported rupee appreciation amid improved risk sentiment, while importer demand and crude prices constrained gains.
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Pope Leo XIV's visit highlights Christian resilience in Lebanon despite regional turmoil

December 1, 2025

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Beirut, Dec 1 (AP) Over the past few decades, hundreds of thousands of Christians have left parts of the Middle East for good, driven by wars and the rise of Muslim extremists.

In Lebanon, it has been different. Despite the many crises that have battered the small nation, Christians continue to enjoy religious freedom and significant political influence.

Pope Leo XIV's visit to Lebanon over the weekend is a recognition of the importance of Lebanon's religious pluralism and a message to Christians not to abandon the region.

In Iraq, large numbers of Christians fled after the US-led invasion in 2003 and the rise of the Islamic State group that followed. A decade later, in 2014, IS declared a caliphate in large parts of Iraq and Syria leading to an exodus by Christians as well as followers of other religions.

IS blew up churches in areas they once controlled in Syria and Iraq and confiscated many Christians' property.

A recent church bombing in Damascus this year made some Christians who stayed in Syria consider leaving. Many Christians in Syria have been concerned about the direction of the country's new government under interim President Ahmad al-Sharaa, former leader of the Islamist insurgent group Hayat Tahrir al-Sham.

In Lebanon, despite others emigrating, many Christians who remain cling to their ancestral homeland and refuse to leave.

The country's sectarian power-sharing system is prone to deadlock and has been criticised by reformists who want a secular state, but it has also ensured that minorities are not marginalised.

“More than half the advantage comes from Lebanon's political system when it comes to Christians,” said Catholic priest Monsignor Abdo Abou Kassm who is the director of the Catholic Centre for Information.

“There is a democratic system where people can express their opinions freely without getting killed, oppressed or sent to exile,” said Abou Kassm. “You can live freely with dignity in Lebanon.” Synthia Khoury, 25, a business graduate from Syria who joined a delegation heading to Lebanon to see the Pope, said that after the takeover of power in her country by an Islamist-led government last year, Christians in the war-torn country were worried that they would not be able to practice their religious freely, although so far this has not turned out to be the case.

“We know that the conditions of Christians in Lebanon are somewhat better than ours, but we also know that they passed through many wars,” Khoury said adding that despite the hardships Lebanese Christians had faced, “they did not leave and stayed in their country and preserved their customs and traditions, and this is beautiful.” Deeply rooted since the early days of the faith, Christians in present-day Lebanon have survived wars and genocide over the past two millennia.

For many years, Christian monastic communities lived in caves in the rugged mountains to protect their faith and avoid persecution. Since the establishment of the State of Greater Lebanon in 1920 following World War I, Christians have played an instrumental role in shaping the country's politics and economy.

Today, Christians make up around a third of Lebanon's 5 million people, giving the small nation on the eastern coast of the Mediterranean the largest percentage of Christians in the Middle East.

Lebanon is home to 18 different religious sects, of which more than half are Christians. Maronite Catholics are the largest Christian group, followed by the Greek Orthodox.

Christians have a presence in most parts of Lebanon, from the south in villages bordering Israel to areas along Syria's border in the north and east as well as the coast. Mount Lebanon, which remains the Christian heartland, is mentioned frequently in the Bible.

Since Lebanon gained independence from France in 1943, a power sharing agreement has been in place in which the president is a Maronite, the parliament speaker is a Shiite Muslim and the prime minister is a Sunni Muslim.

This makes Lebanon the only Arab country with a Christian head of state.

“People can practice religion wherever they are, but the Lebanese identity is something that is sacred for us too,” says Christian legislator Camille Dory Chamoun, who heads the National Liberal Party. His late grandfather, Camille Chamoun, was the president of Lebanon in the 1950s.

He is allied with the Christian Lebanese Forces Party that has 19 seats in the 128-member legislature.

“Our Lebanese identity is as important as our Christian identity,” said Chamoun.

Other senior posts held by Maronites are the army command as well as the head of the central bank. The deputy parliament speaker and deputy prime minister are posts allocated to the Greek Orthodox.

The command of two of the country's four security agencies are also given to Christians, with a Maronite general heading the Army Intelligence while a Greek Orthodox heads State Security.

Toward the end of the 1975-90 civil war in Lebanon that largely pitted Christians against Muslims, an agreement to end the war was reached in the Saudi city of Taif. Since then, seats in parliament and Cabinet have been equally divided between Christians and Muslims.

Charles Hayek, a historian and researcher, says that the ties between Lebanon and the Vatican are old and deep, adding that there is a tradition that states that St Peter, the first Pope, established churches in Beirut, Byblos, Batroun and Tripoli, along Lebanon's coast.

Hayek added that two men of Phoenician origin from what is now the port city of Tyre in south Lebanon were elected popes in Rome in the 8th century.

"You have also unbroken correspondence especially between the Maronite Church, the local Catholic Church and the papacy since 1215,” Hayek said.

Despite the civil war and sectarian strife in Lebanon, Muslims and Christians peacefully coexist today and followers of both religions accept one another as partners.

“Christians in Lebanon and the east are a main part of the region,” says Khaldoun Oreimet, a Sunni Muslim cleric who heads the Islamic Centre for Studies and Information.

“Christians are not (only) a community but an integral part of this land,” Oreimet said.

The pope's visit to Lebanon comes a year after a US-brokered ceasefire ended the Israel-Hezbollah war that killed about 4,000 people and caused destruction worth billions of dollars.

Despite the ceasefire, the country still faces almost daily Israeli airstrikes, including one in Beirut on Nov 23 that killed five members of the militant Hezbollah group and wounded 28 others.

Many Christian politicians criticised Hezbollah for starting the war a day after the Hamas-led attack on southern Israel on Oct 7, 2023. The Iran-backed group had said for years that its weapons were only intended to defend Lebanon.

Many Christians in Lebanon, including the head of the Maronite Church, Cardinal Bechara Rai, have called for Lebanon to be a neutral state, rather than an arena where regional and world powers settle their accounts.

“God willing, Lebanon will begin to feel safer in the days ahead,” Chamoun said. “The most important thing is to stop these conflicts that are extremely harmful.” “We have seen their consequences, and we have seen that we are paying a very high price for other people's wars on our land,” he added. (AP) SCY SCY

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