SEBI Approves NHAI's Raajmarg Infra Investment Trust Registration

The Securities and Exchange Board of India (SEBI) has granted in-principle approval for the registration of Raajmarg Infra Investment Trust (RIIT) as an Infrastructure Investment Trust (InvIT). This move is a part of National Highways Authority of India (NHAI)'s asset monetization program aimed at unlocking the financial potential of its assets while providing long-term investment opportunities. Raajmarg Infra Investment Managers Pvt. Ltd. has been established with support from major banks to manage the trust. NHAI has previously monetized assets worth billions through various models.

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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