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Showing posts from May, 2025

Bananas and Chillies Spice Up India’s Agricultural Growth Story

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 India’s farm sector has seen a flavorful transformation, with bananas and chillies making stronger contributions to the country’s agricultural output than at any point in the last decade, according to an analysis by Moneycontrol . Bananas have emerged as a standout performer, surpassing mangoes in FY23 as the top fruit contributor to India’s GDP—and further strengthening their lead in FY24. Recent government data reveals that bananas accounted for 10.7% of the country’s total fruit and vegetable output in FY24, up from 10.5% in FY23 and a notable increase from 9% in FY12. Today, fruits and vegetables collectively contribute to over 25% of India’s total food output. Spices, too, are claiming a larger share in the country’s agricultural pie. Since FY19, spices and condiments have overtaken pulses in terms of their contribution to domestic farm output. In FY24, they accounted for 5.9% of India’s food output, with chillies alone responsible for more than 22% of that share—an increa...

Discover How to Find the Cheapest Flights with Product-Bank

  In today’s fast-paced world, traveling often comes with a hefty price tag—especially when it comes to flights. But finding the cheapest flights doesn’t have to be a struggle. Thanks to   Product-Bank , travelers can access powerful tools and insights that simplify the search for affordable airfare. One of the best ways to find the cheapest flights is by comparing prices across a variety of airlines and booking platforms. Product-Bank’s advanced search engine scans hundreds of sources instantly, bringing you the most competitive fares in one place. This means no more jumping between dozens of websites to find the best deal. Timing is crucial when booking flights. Product-Bank recommends booking your tickets well in advance—usually six to eight weeks before departure—to secure the lowest prices. However, the platform’s dynamic price tracking also uncovers last-minute deals for spontaneous travelers, giving you flexibility and savings. Flexibility with your travel dates and de...

Rethinking Microfinance: Bridging Legacy and Innovation

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  Microfinance in India has been a powerful force for financial inclusion, particularly for women and underserved communities. Over the past few decades, this sector has evolved from being purely mission-driven to becoming a regulated and structured financial service. Today, microfinance institutions (MFIs) serve over 70 million borrowers with an outstanding portfolio of ₹3.5 trillion. Despite such scale, microfinance continues to hold deep social relevance—empowering rural households, especially women, by offering access to credit that would otherwise be out of reach. However, the ecosystem is undergoing transformation. With new players, digital disruption, and changing customer expectations, microfinance needs to reimagine its approach without losing sight of its foundational values. From Roots to Routes: Evolution of the Model The early model of microfinance was simple: small group-based lending, regular meetings, and a strong community-centric approach. This method ensured high...

HAL Unveils ₹3,000 Crore Capex Plan for FY26; Eyes Monetisation of Non-Core Delhi Land

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Hindustan Aeronautics Limited (HAL) has announced a substantial capital expenditure (capex) plan of ₹3,000 crore for the fiscal year 2025-26 (FY26), aiming to bolster its manufacturing capabilities and support ongoing defense projects. As part of its strategic financial planning, the state-owned aerospace and defense company also intends to monetise non-core land assets in Delhi to fund this expansion. The capex allocation is expected to facilitate the development of new production lines and the modernization of existing facilities, aligning with HAL's commitment to enhancing indigenous defense manufacturing. The monetisation of surplus land assets in Delhi is a strategic move to unlock capital without impacting core operations, reflecting a broader trend among Indian corporates to optimise asset utilisation. TopNews Construction World This initiative comes on the heels of HAL's record-breaking order book, which surged to ₹1.84 lakh crore, nearly doubling from the previous ...