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Finance

Trio of global partners unveil ambitious $1.5Bn plan for greener rice cultivation in Asia-Pacific

ADB, CGIAR & Gates Foundation Launch $1.5 Bn Initiative for Climate-Smart Rice Farming in Asia-Pacific. Part of ADB’s $ 40Bn food systems strategy, the initiative aims to boost productivity while…

IFC invests CLP 23 Mn in securitized bond issued by Copeval to support Chile’s agri sector

The operation will support the Copeval’s ongoing working capital needs, enabling it to provide pre-harvest financing to more than 50,000 farmers across the country. The International Finance Corporation (IFC), a…

India to launch 9 ‘Clean Plant’ Projects, Maharashtra to host 3

At India’s first International Agri Hackathon in Pune, Chief Minister Fadnavis emphasized the numerous challenges faced by the agriculture sector due to ongoing climate change, highlighting that adopting modern technology…

IFL Enterprises Ltd reports Rs 3 Cr profit in Q4 FY25, marks significant turnaround

IFL Enterprises Ltd has posted a net profit of Rs 3 crore in Q4 FY25, marking a strong turnaround compared to the previous year. Revenue from operations surged dramatically to…

World’s largest grain storage initiative to strengthen PACS and spur rural employment: Amit Shah

Union Minister Amit Shah reviewed the world’s largest cooperative food grain storage initiative, highlighting the key role of PACS and its potential to strengthen rural development. The scheme is designed…

DFPCL’s FY25 PAT leaps by 102%; Q4 PAT Jumps by 21% 

Company’s crop specific speciality product, Croptek, maintained its robust growth trajectory in Q4 FY25 with an exceptional growth rate of 111 % compared to the same quarter of the previous…

Operative Kisan Credit Cards decline by 2.7%, but loans disbursed through KCC rise by 4.5%

According to the RBI report, the number of operative Kisan Credit Cards (KCCs) declined from 29.81 million in 2023-24 to 29.02 million in 2024-25. Despite this drop, the outstanding crop…

Samunnati raises Rs 50 Cr NCD through Wintwealth Platform

In a major step toward enhancing capital access for the smallholder farmers, Samunnati, India’s leading agri-value chain enabler, has successfully concluded its latest Rs 50 crore NCD (Non-Convertible Debenture) tranche…

PNB unveils monthly outreach initiative to strengthen rural agricultural financing

PNB will conduct its outreach through Krishi Chaupals, Digital Zones, and PNB Booths to effectively connect with farmers and rural communities Punjab National Bank (PNB), one of India’s leading public…

Stellar performance by IFFCO in FY 2024-25, Sales of Nano fertilizers increased by 47%

IFFCO registered a profit of Rs 3,811 Crores as PBT, a continuing trend from past three financial years. World Number 1 Cooperative, IFFCO booked a profit of Rs 3,811 Crore…

Shivtek Spechemi Industries to set up new chemical manufacturing unit in Hazira, Gujarat

New plant to be build across 1M + square feet of area with investment planned of Rs 60 crores to establish new state-of-the-art manufacturing unit. New facility will have a…

Rising Northeast Investors Summit 2025: Arunachal Pradesh signs MoUs worth Rs 6,357 Cr

The MoUs span crucial development sectors like green energy, agri-tech, bamboo biofuel, healthcare, IT, education and tourism The Government of Arunachal Pradesh has inked Memorandums of Understanding (MoUs) totaling Rs…

Farmers to benefit as cabinet extends Interest Subvention Scheme

Farmers who repay their loans on time are eligible for an additional 3 per cent interest subsidy under the Prompt Repayment Incentive (PRI), effectively lowering the interest rate on Kisan…

GROWiT raises $3 Mn in Series A round led by GVFL

Round also saw participation from Veloce Opportunities Fund, JITO, We Founder Circle, Sunicon Ventures Fund, Progrowth Ventures and Hyderabad Angels. Surat-based GROWiT is a soil-to-harvest agritech solutions startup with India…

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