Cabinet Approves Price Stabilization Fund for Airlines Amid Fuel Volatility

The Union Cabinet, led by Prime Minister Narendra Modi, has sanctioned a price stabilization fund of up to Rs.10,000 crore for Oil Marketing Companies to stabilize Aviation Turbine Fuel (ATF) costs faced by Indian airlines due to West Asia's ongoing crisis. The initiative involves interest-free advances, fixed ATF pricing, and a recovery mechanism, aiming to shield air connectivity and manage fare volatility.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link