NARCL Propels Stressed Asset Resolution in India

The National Asset Reconstruction Company Limited (NARCL) has significantly enhanced its role in India's stressed asset resolution framework, achieving record recoveries of ₹4,364 crore in FY 2025–26. This figure represents nearly 70% of cumulative recoveries, with total recoveries reaching ₹6,345 crore. The company is progressing toward its ambitious goal of acquiring assets worth ₹2 lakh crore, demonstrating its impact on bank balance sheets and the broader financial sector.

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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