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Bank of India Introduces BOI Trade Easy to MSMEs

Oct 08, 2025

1. Initiative Overview

  • Bank: Bank of India (BOI)
  • Service Introduced: BOI Trade Easy - a quick loan service.
  • Partner: Cashinvoice, a technology firm in supply chain financing.
  • Key Objective: To offer faster access to credit among Micro, Small, and Medium Enterprises (MSMEs).

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LIC collaborates with the ministry of rural development to popularize Bima Sakhi Yojana

Oct 08, 2025

1. Partnership Overview

  • The Life Insurance Corporation of India (LIC) has entered into a Memorandum of Understanding (MoU) with the Department of Rural Development, Ministry of Rural Development.
  • Purpose: The eventual goal is to popularize and introduce Bima Sakhi Yojana by LIC in the rural parts of India.

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NITI Aayog publishes Trade Watch Q4 FY24-25 Quarterly Report

Oct 08, 2025

1. Report Overview

  • Report: The fourth book of "Trade Watch Quarterly."
  • Period under consideration: Fourth quarter (January-March) 2024-25 financial year.
  • Published: Shri B.V.R. Subrahmanyam, CEO, NITI Aayog, in New Delhi.
  • Purpose: The report will give a detailed report on the performance of India in terms of trade, with emphasis being given to the trend of merchandise and services, global demand changes, and export diversification policies.

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Philippines opens the first Coral larvae cryobank in Southeast Asia

Oct 08, 2025

1. Initiative Overview

  • Philippines has recently opened the first Coral Larvae Cryobank in southeast Asia.
  • It is a multinational joint venture between the Philippines, Taiwan, Indonesia, Malaysia, and Thailand.
  • Primary Goal: To freeze and store coral larvae using advanced cryopreservation techniques creating a genetic bank to be used as a future restoration and conservation of the reefs.

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India Leads in Sector of Livestock at FAO Global Conference

Oct 08, 2025

1. Event Overview

  • Representative: The Union Minister Shri Rajiv Ranjan Singh.
  • Event: Attended the 2nd Global Congress on Sustainable Livestock Transformation.
  • Address: FAO Headquarters, Rome.
  • India: The First Vice-Chair of the FAO Sub- Committee on Livestock.

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