CPSEs Financial Performance in FY 2024-25: A Mixed Bag

The Ministry of Heavy Industries' report on Central Public Sector Enterprises (CPSEs) highlights mixed financial outcomes: 226 profitable CPSEs achieved a cumulative net profit of ₹30,867 crore, while 63 enterprises reported losses totaling ₹1,805 crore. Despite varied performance across sectors, key contributors to profits included Coal India Ltd., NTPC Ltd., and Indian Oil Corporation Ltd. Financial restructuring measures are implemented to enhance profitability.

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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