The Ministry of Consumer Affairs is proposing to lift export restrictions on wheat products like aata, maida, and suji, with a proposed limit of 1 million tonnes. This move comes as India anticipates a bumper wheat crop in 2025-26, following a ban imposed in 2022 due to production concerns.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an