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    Italian Milling Industry Showcases 'Pure Flour from Europe' in New Delhi as Indian Demand Reaches Record Levels
    UK Food & Drink Exporters Set to Expand Trade Opportunities at AAHAR 2026
    US' allies in India are 'good actors': White House on 30-day waiver to buy Russian oil
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March 11, 2026
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Food safety standards underpin promotion of European flour in India, enabling market access and traceable supply chains.
Promotion of premium Italian soft wheat flour in India emphasises compliance with food safety regulations, full traceability and sustainability commitments as the core regulatory assurances supporting market entry and commercial outreach. The campaign presents European milling quality controls - careful wheat selection, computerised traceability, and independent accredited laboratory testing - as operative mechanisms ensuring conformity with EU standards and as commercial assurances to Indian buyers.
March 11, 2026
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UK-India free trade agreement expands market access for UK food and drink exporters, boosting trade engagement at AAHAR.
The UK-India Free Trade Agreement is positioned to enhance market access for UK food and drink exporters by reducing barriers and facilitating faster, cheaper trade. The UK Government, via the British High Commission and the GREAT campaign, is deploying a trade delegation and a UK Pavilion at AAHAR 2026 to translate improved market access into direct commercial engagement with Indian importers, distributors, modern retail and HoReCa operators, emphasising quality, safety and provenance to support long-term trade partnerships.
March 11, 2026
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Temporary waiver for purchase of sanctioned oil allows diversion and refining of en route cargoes to ease supply shortages.
The United States authorised a temporary waiver allowing Indian refiners to accept Russian-origin crude already at sea to address immediate energy supply disruptions amid the Iran-related conflict. The waiver is narrowly targeted to existing cargoes, framed as a short-term operational authorisation to divert, refine and rapidly release oil into markets to blunt price spikes, while officials maintain it does not signify a change in broader policy toward Russia.
March 11, 2026
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UK-India Free Trade Agreement drives West Midlands mission to secure partnerships in clean energy, technology, education and creative industries.
The West Midlands Mayoral-led trade mission to India sought to operationalise the UK-India Free Trade Agreement by securing research and industry alliances, academic partnerships and commercial engagements across clean energy, technology, manufacturing, creative industries and tourism, including a University of Warwick-Tata Power alliance, Aston University and Birmingham City University agreements, and plans for a joint taskforce with the State of Gujarat to formalise sectoral growth collaboration.
March 11, 2026
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RBI intervention prevents further rupee depreciation as outflows and geopolitical tensions pressure the currency, while oil declines temper losses.
The rupee weakened intraday amid foreign institutional investor outflows and Middle East geopolitical tensions, with a softer dollar and falling crude curbing larger losses; reported Reserve Bank of India selling and domestic bond flows helped prevent a breach of a key exchange level and set an intraday trading range.
March 10, 2026
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Pipeline supply agreement enables emergency diesel deliveries to address national fuel shortage and bolster bilateral energy cooperation.
A cross-border supply framework permits direct transport of diesel from India to Bangladesh via the Bangladesh-India Friendship Pipeline under an existing supply agreement providing for an annual allocation and optional additional quantities; recent bilateral negotiations seek to operationalise supplementary deliveries to address an acute domestic fuel shortfall while using the pipeline's capacity to reduce transport time and costs.
March 10, 2026
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Share capital reduction validation upheld as an expert valuation and statutory procedure governs minority buyouts.
The dispute concerned cancellation of minority shareholdings via statutory share capital reduction and whether the valuation met Companies Act requirements. The Court held that share valuation is an expert exercise and evaluated compliance with statutory procedure and notice obligations, noting the NCLT's price adjustment and concluding the company followed prescribed steps for the capital reduction.
March 10, 2026
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Beneficial ownership threshold from land-border countries eased, permitting limited non-controlling stakes under the automatic route with reporting.
The amendment permits non controlling investors from land border countries to invest under the automatic route where their beneficial ownership at the investor entity level does not exceed a defined threshold, while retaining sectoral caps, entry routes and attendant conditions. Such investments must be reported to the DPIIT. An expedited 60 day processing track is established for specified manufacturing sectors, conditional on majority shareholding and control of the investee remaining with resident Indian citizens or resident Indian entities owned and controlled by resident Indian citizens.
March 10, 2026
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LPG supply prioritisation: committee to allocate commercial gas based on genuine need, availability and essential service priority.
The government has prioritised household LPG supplies and constituted a three member committee of Executive Directors of Oil Marketing Companies to review representations from hotels, restaurants and other commercial users and allocate commercial LPG based on genuine need, product availability and merits of each case. Measures include directing refineries to increase LPG output and extending the refill booking cycle to discourage hoarding, while essential non domestic sectors will receive prioritised non domestic supplies subject to import constraints and production capacity.
March 10, 2026
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Cabinet approval of multitracking projects expands rail capacity and improves regional connectivity and logistics efficiency.
Cabinet approval authorises two multitracking projects (Sainthia-Pakur fourth line and Santragachi-Kharagpur fourth line) under the PM Gati Shakti framework to add about 192 km to the rail network across five districts in West Bengal and Jharkhand, increase line capacity to ease congestion, improve passenger and freight service reliability, and enhance multimodal connectivity, regional access, and environmental and logistical efficiencies.
March 10, 2026
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Trade and Economic Partnership Agreement opens high income markets and investment pathways, enabling technology transfer and jobs.
The Trade and Economic Partnership Agreement between India and EFTA implements preferential market access and capability building measures, with EFTA commitments covering 92.2% of tariff lines and India covering 82.7%, while protecting sensitive sectors. TEPA couples tariff concessions for key Indian export sectors with improved access to specialised inputs and machinery from EFTA, includes an investment facilitation element linked to industrial and technology collaboration, and provides frameworks for services cooperation and Mutual Recognition Agreements to support mobility of professionals.
March 10, 2026
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Independent Director preparedness enables senior defence officers to transition to corporate boards and meet evolving ESG and disclosure expectations.
A two-week certification program prepares senior and recently retired defence officers for service as Independent Directors by teaching the legal and regulatory framework of board responsibilities, fiduciary duties, and practical expectations of corporate boards and executive search firms. The program also addresses strengthening the Corporate Disclosure Framework, aligning domestic norms with global ESG Board Oversight standards, and advancing Trust-Based Regulation alongside Ease of Doing Business to facilitate transition into corporate board roles.
March 10, 2026
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Agricultural credit access expanded through collateral free limits, Kisan Credit Card coverage, and interest subvention measures.
Policy measures expand institutional agricultural credit by setting Ground Level Credit targets derived from district Potential Linked Credit Plans, enforcing Priority Sector Lending allocations with a Small and Marginal Farmers sub target and district incentives, extending Kisan Credit Card coverage to allied activities, providing interest subvention with a prompt repayment incentive, increasing the collateral free loan limit for short term agricultural credit, and mobilising rural infrastructure funding and institutional support to improve liquidity and credit absorption in low disbursement districts.
March 10, 2026
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Pradhan Mantri Jeevan Jyoti Bima Yojana enrollment drives boost coverage and digitise timely claim disbursement via Jansuraksha portal.
PMJJBY maintains broad coverage with 26.7 crore beneficiaries, about 12.55 crore active policies and a 99.95% cumulative claim settlement ratio; insurer settlement times range from 0.61 to 17 days. Administrative measures include annual action plans to reduce lapses, grassroots enrolment drives including a national Financial Inclusion Saturation Campaign, mobilisation of around 16 lakh Banking Correspondents for last mile enrolment, and the Jansuraksha Portal for end to end digital enrolment and claim remittance with multilingual information and onboarded banks and insurers.
March 10, 2026
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Public Sector Bank Reform advances digital lending, AI adoption, inclusive governance and strengthened risk resilience frameworks.
EASE 8.0 (EASERise) requires public sector banks to implement reforms across four themes-risk and resilience, innovation, socio economic impact and excellence-by adopting digital lending, Gen AI use cases, enhanced loan management capabilities (bureau analytics, account aggregator and GST integration), strengthened collections and recovery platforms, anti fraud and AML safeguards, inclusive governance with Accessibility Cells and Divyangjans representation, and quarterly performance evaluation by an EASE Steering Committee to ensure operationalisation and accountability.
March 10, 2026
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Parliamentary approval for supplementary expenditure requested to cover additional subsidy and defence outlays, with offsets expected.
Parliamentary approval is sought for a supplementary demand for grants authorising net additional central government expenditure in the current financial year; the proposal differentiates gross additional spending and net cash outgo by accounting for enhanced receipts and recoveries, and identifies major incremental heads such as food and fertiliser subsidies and defence. The request is set against a reduced Revised Estimate of total expenditure and reported year to date spending, with analysts noting that ministry expenditure savings and concentrated revenue outlays in February-March may largely offset the incremental demand and influence fiscal outcomes.
March 10, 2026
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Digital finance confidence architecture must secure resilience, accountability, data discipline and dignified inclusion for users.
Scaling trusted digital finance depends on a four-part confidence architecture: security and resilience via cybersecurity and business continuity; clear accountability and effective, time-bound grievance redress; strict data discipline with purpose limitation, minimal collection, secure storage and meaningful consent; and inclusion with dignity through accessible design for the least technologically comfortable users. Robust digital public infrastructure and interoperability require governance with clear standards, reliable uptime, auditable processes and proportionate safeguards.
March 10, 2026
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Unsecured personal loan access expanded with tailored rates and flexible tenures enabling faster digital disbursals for eligible borrowers.
Bajaj Finance provides unsecured personal loans via a fully digital process with rapid disbursal, offering amounts across a wide range and repayment tenures of 12-96 months. Interest rates are set according to income, employment category, CIBIL score, repayment history, and existing liabilities, targeting lower total borrowing costs for stronger credit profiles. The product requires no collateral or guarantor and is available to eligible Indian salaried and self employed residents who meet the lender's credit and underwriting criteria.
March 10, 2026
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Bribe as proceeds of crime: corrupt receipt plus asset recoveries can found a prima facie money laundering inquiry and investigation.
Taking a bribe constitutes acquisition of proceeds of crime under the PMLA; recoveries of unaccounted cash, jewellery and related incriminating material together with witness statements provided a prima facie foundation for the Enforcement Directorate to treat those assets as proceeds of crime, while the quantification of proceeds may vary as the investigation continues and investigators followed established procedural steps in pursuing the probe.
March 10, 2026
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FDI norms eased for countries sharing land borders, relaxing prior mandatory approval requirements for foreign investments.
The government amended Press Note 3 of 2020 to ease FDI rules for companies from countries sharing a land border with India by relaxing the prior requirement for mandatory government approval of investments by foreign companies with shareholders from those countries, thereby altering the investment screening and approval framework for such entrants.

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Merck Foundation and African first Ladies mark International Day of Girls & Women in Science by empowering women in STEM and supporting girl education

February 11, 2026

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Mumbai, Maharashtra, India & Banjul, The Gambia – Business Wire India • Merck Foundation provided 1195 scholarships to women healthcare providers to empower women in science - International Day of Girls & Women in Science 2026 • Dr. Rasha Kelej, Merck Foundation CEO, together with The First Ladies of Africa, mark ‘International Day of Girls & Women in Science 2026’ through their ‘Scholarship Program’, ‘MARS Awards’, and ‘Educating Linda’ Program Merck Foundation, the philanthropic arm of Merck KGaA Germany, marks ‘International Day of Girls and Women in Science 2026’ together with the First Ladies of Africa, and partners including African Ministries of Health, Education, Gender & Information, and Academia through their “Scholarship Program” and “MARS Awards”. Senator, Dr. Rasha Kelej (Ret.), CEO of Merck Foundation emphasized, “As we mark the International Day of Girls and Women in Science 2026, we reaffirm Merck Foundation’s strong commitment to empowering women in science and technology through our “Scholarship Program”, as a part of which we provide specialized medical scholarships to African women healthcare providers, and through the “MARS Awards”, through which we recognize and empower outstanding women scientists in STEM.” Merck Foundation has provided more than 2,500 scholarships to healthcare professionals from 52 countries across 44 critical and underserved medical specialties, and nearly 1,200 scholarships have been provided to women medical graduates. “I am proud that nearly 50% of our total 2500+ scholarships have been provided to women healthcare providers. This is a significant achievement toward reducing the gender gap in science and strengthening women’s leadership in STEM, as while women have made remarkable progress globally, they remain significantly underrepresented in scientific and technological fields. At Merck Foundation, we work every day to bridge this gap,” added Dr. Rasha Kelej. Merck Foundation annually launches their MARS Awards to encourage and recognize ‘Best African Women Researchers’ and 'Best Young African Researcher’. The aim of MARS Awards is to empower women and young African researchers, advance their research capacity, and promote their contribution to STEM (Science, Technology, Engineering, and Mathematics). Merck Foundation has celebrated more than 90 winners so far. Recently, Merck Foundation CEO hosted the virtual Award Ceremony together with their partners Africa Reproductive Care Society – ARCS and Manipal University to recognize African Researchers for their valuable research work and contribution to empowering women and youth in STEM in Africa, with special focus on ‘The Role of Scientific Research in Women Health and Reproductive & Fertility Care’. She also announced the Call for Applications for MARS Awards 2026. Watch Merck Foundation Africa Research Summit MARS 2025 Award Ceremony video here: https://www.youtube.com/live/RtIiZp-amrM Apply for MARS Awards 2026: https://merck-foundation.com/Merck-Foundation-Africa-Research-Summit-Application-Form Merck Foundation strongly believes that Education is one of the most critical areas of women empowerment and serves as the base and key factor in driving an impactful change. “As a part of our Educating Linda program, together with my dear sisters, the First Ladies of Africa, we have year to date provided more than 1200 annual scholarships to deserving yet underprivileged African schoolgirls from 19 countries, enabling them to complete their education and reach their full potential,” shared Dr. Kelej. Moreover, Merck Foundation is raising awareness about the importance of supporting girls’ education through a range of creative initiatives, including inspiring children’s storybooks, animation films, awareness songs, and dedicated episodes on this theme through their Our Africa by Merck Foundation TV program. Watch episodes of Our Africa, focusing on Supporting Girl Education: Episode 2: https://www.youtube.com/watch?v=g5wpzOr22l0 Episode 11: https://www.youtube.com/watch?v=jGz6yNSik7g Episode 14: https://www.youtube.com/watch?v=QjwRnP-Zi60&feature=youtu.be Read Educating Linda Storybook here: https://merck-foundation.com/flipbook-proxy/digital_library/1623068469_6affa28d861b48da41cf.pdf# Watch Merck Foundation Animation Films on supporting girl education: • Jackeline’s Rescue: https://youtu.be/It1D-XEUjeY • Ride Into the Future: https://youtu.be/Piz_6Ob68mI Listen to Merck Foundation songs to support women empowerment and girl education: 1. Watch, share & subscribe “Girls Can” song here, sung by Cwesi Oteng from Ghana and Irene Logan from Liberia: https://youtu.be/6LP92vAWYgs 2. Watch, share & subscribe the “Like Them” song here, sung by Kenneth, a famous singer from Uganda: https://www.youtube.com/watch?v=jCo52vtz3Q0 3. Watch, share & subscribe “Take me to School” song here, sung by Wezi, Afro-soul singer from Zambia, to support girls’ education: https://www.youtube.com/watch?v=rWcujLMbKSg 4. Watch share & subscribe “Tu Podes Sim” Portuguese song, which means “Yes, You Can” in English by Blaze and Tamyris Moiane, singers from Mozambique, in English here: https://youtu.be/BGWR2S-mxl4 5. Watch, share & subscribe “ABC, 123” by Sean K from Namibia song here: https://youtu.be/4Z2i4Wh-bpk 6. Watch, share & subscribe “Brighter day” song by Sean K and Cwesi Oteng from Namibia and Ghana respectively: https://www.youtube.com/watch?v=I3_C4uyFuZk 7. Watch and share “Superwoman Song” by singers Cwezi and Adina from Ghana here: https://www.youtube.com/watch?v=NQ6ZprqAAJs Click the link below to Download Merck Foundation App https://www.merck-foundation.com/MF_StoreRedirection Join the conversation on our social media platforms below and let your voice be heard Facebook: Merck Foundation X: @MerckFoundation YouTube: MerckFoundation Instagram: Merck Foundation Threads: Merck Foundation Flickr: Merck Foundation Website: www.merckfoundation.com About Merck Foundation The Merck Foundation, established in 2017, is the philanthropic arm of Merck KGaA Germany, aims to improve the health and wellbeing of people and advance their lives through science and technology. Our efforts are primarily focused on improving access to quality & equitable healthcare solutions in underserved communities, building healthcare & scientific research capacity, empowering girls in education, and empowering people in STEM (Science, Technology, Engineering, and Mathematics) with a special focus on women and youth. All Merck Foundation press releases are distributed by e-mail at the same time they become available on the Merck Foundation Website. Please visit www.merck-foundation.com to read more. Follow the social media of Merck Foundation: Facebook, X, Instagram, YouTube, Threads, and Flickr. The Merck Foundation is dedicated to improving social and health outcomes for communities in need. While it collaborates with various partners, including governments, to achieve its humanitarian goals, the foundation remains strictly neutral in political matters. It does not engage in or support any political activities, elections, or regimes, focusing solely on its mission to elevate humanity and enhance well-being while maintaining a strict non-political stance in all of its endeavors. To View The Image, Click On The Link Below: Merck Foundation CEO marks International Day of Girls and Women in Science 2026 (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI

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