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    UK Food & Drink Exporters Set to Expand Trade Opportunities at AAHAR 2026
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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.
March 10, 2026
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Insolvency law amendments advance to enable streamlined corporate resolution and corresponding Companies Act changes approved by Cabinet.
The Union Cabinet approved amendments to the Insolvency and Bankruptcy Code and the Companies Act, advancing legislative changes to corporate insolvency and company regulation; these approvals follow a previously introduced amendment Bill that was referred to a select committee and a government intention to introduce an IBC amendment bill in the current parliamentary session.

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Finkurve Financial Services Limited (Arvog) Crosses Rs. 1,035 Crore+ AUM Milestone

March 12, 2026

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Mumbai, Maharashtra, India – Business Wire India Finkurve Financial Services Limited (BSE: 508954), among leading Tech-first Gold Loan NBFC, announced that the Company has crossed Rs. 1,035 crore+ in Assets Under Management (AUM) surged by nearly 10x compared to FY23, marking a significant milestone in the company’s growth trajectory within India’s secured lending ecosystem.

The milestone reflects consistent portfolio expansions, supported by disciplined underwriting practices, and increasing customer trust across the company’s branch-led phygital network. With presence across four states & 100+ branches with a growing customer base of over 50000+, the company continues to strengthen its footprint in the secured retail lending segment.

Arvog’s growth has been supported by prudent loan to value (LTV) norms and a strong focus on collateral backed lending. The company has also invested in technology-enabled processes to streamline loan servicing, improve operational efficiency, and enhance customer accessibility.

Going forward, the company continues to remain focused on sustainable expansion, asset quality discipline, and long-term value creation as we scale further in India’s growing gold loan ecosystem.

Commenting on this development Mr. Priyank Kothari, Director, Finkurve Financial Services Limited (Arvog) said, “Crossing Rs. 1,035 crore+ AUM is an important milestone in our journey. Our focus has always been on building a stable and scalable gold loan platform grounded in disciplined underwriting and operational efficiency. We believe that long-term value creation in secured lending comes from balancing growth with asset quality and capital prudence. As we scale further, our commitment remains centered on responsible expansion, strong governance, and sustainable return metrics.” About Finkurve Financial Services Limited (Arvog) Finkurve Financial Services Limited (BSE: 508954), also known by its brand name Arvog, is a non-banking financial company (NBFC) registered with the Reserve Bank of India (RBI) as a non-deposit-taking, middle-layer NBFC. Established in 1984 as Sanjay Leasing Ltd., the Company obtained its NBFC license in 1998 and was acquired by the Promoters in the year 2010.

Finkurve focuses primarily on gold loans, which forms the majority of its Assets under Management (AUM), positioning it as a leading gold loan NBFC. The Company also offers personal loans, expanding its financial solutions through partnerships with fintech companies.

Finkurve also has a strategic tie-up with Augmont Goldtech, India's largest fully integrated gold platform, serving as a one-stop destination for all gold-related needs. With a growing presence across India, Finkurve remains committed to providing accessible, technology-driven financial services to a broad customer base.

For more details, please visit, www.arvog.com.

To View the Image, Click on the Link Below: Finkurve Financial Services Limited (Arvog) crosses Rs. 1,035 crore+ AUM, marking a significant milestone in its growth journey.

(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 PWR PWR PWR

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