Department of Posts and AMFI Sign MoU for Mutual Fund Distribution

The Department of Posts (DoP) and the Association of Mutual Funds in India (AMFI) signed a Memorandum of Understanding (MoU) on August 22, 2025, to distribute mutual funds through post offices, enhancing financial inclusion in rural and semi-urban areas. This initiative aims to leverage the extensive postal network to broaden access to mutual fund products, with DoP staff acting as distributors. The MoU is valid for three years and includes safeguards for investor data and service integrity.

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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