present, the members of the NDS-OM system can include banks, primary dealers, insurance companies and mutual funds, which hold Subsidiary General Ledger (SGL) accounts with the RBI.
Palm oil import of India 2025
Imports of palm oil in India declined to their lowest levels in almost 14 years in January as the refiners shifted to soy oil that is cheaper.
January palm oil imports declined 45 percent in December to 275,241 metric tons on a low since March 2011.
Palm oil tends to be sold relatively cheap as compared to soy oil and sunflower oil.
In January soy oil imports rose 5.6 percent to 444,026 tons, the most in seven months, and sunflower oil imports rose 8.9 percent to 288,284 tons.
India is a net importer of palm oil and primarily sources palm oil products of Indonesia, Malaysia and Thailand. Indeed the importation of soy oil and sunflower oil in India is made in Argentina, Brazil, Russia and Ukraine.
New rules on ESG Rating Providers
These were the beefed-up policies that SEBI proposed on the ESG rating providers in the field of rating withdrawals, disclosures, audits and government norms.
These are the steps that are expected to improve the overall ESG rating in terms of its transparency and accountability.
The regulations explain how and at what stage ERPs are allowed to withdraw their ratings and further reveal their reasoning.
Such program is indicative of the increasing relevance of ESG factors of the investments.
Textile exports 2030
The goal of India is to make a triple jump in the textile export to 9 lakh crore by 2030.
It is also possible to reach the target even sooner with the vision of the Five Fs as well as the new pool of global opportunities of $7.5 billion in recycling textile waste.
The Five Fs is composed of - farm, fiber, fabric, fashion and foreign.
The exports of the Indian textile industry are currently at 3 lakh crores winning the tag of the sixth largest exporter of textile in the world.
The textiles and apparel industry has a market share of 2.3 percent in the GDP of the country and 13 percent in the industrial output and 12 percent in export of the country.
Fresh Fiscal Policy
The Indian government has declared that it will move in the FY 2026-27 onward to change the fiscal deficit goal with the debt-to-GDP ratio as the