FSSAI Proposes QR Codes on Food Labels for Visually Impaired The Food Safety and Standards Authority of India (FSSAI) is promoting accessibility for all individuals, including those with visual impairments, by recommending the inclusion of QR codes on food product labels. The FSSAI notes that implementing this feature is necessary to ensure safe food access for individuals with special needs and empower them to make informed decisions about the products they consume. Making Food Labels […]

Sustaining the Marine Economy with Blue Bonds Subtitle: Unlocking Financing for Ocean Conservation and Sustainable Development Introduction The Indian Ocean is home to a diverse range of marine life, but it is also facing increasing threats from pollution, overfishing, and climate change. To address these challenges and protect the Indian Ocean, the United Nations Environment Programme Finance Initiative (UNEP FI) has released new guidelines that can help secure the necessary financing. Blue bonds, a type […]

India Emerges as a Potential Global Leader in Battery-Swapping Technology Battery-swapping technology is developing at a rapid pace and could soon significantly alter how we currently use electric vehicles (EVs). Operating within this exciting industry sector, startups such as SUN Mobility, Battery Smart, and RACEnergy are playing a critical role in driving India closer to becoming a potential global leader in battery-swapping technology. Funding & Expert Opinion Over the past five years, battery-swapping technology has […]

Free to Raise Commissions, Insurers Focus on Annuity Plans The Indian insurance industry is turning to long-term annuity plans, as the nation’s insurance regulator grants insurers the freedom to offer higher commissions to distributors for annuities compared to unit-linked plans (ULIPs), increasing the sale of such products. Boosting Predicable Income for Insurer, Commitments for Policyholders Annuities provide predictability and long-term commitments of premium payment on part of the policyholders which help boost predictable income for […]

Cabinet Approves Viability Fund to Boost Battery Energy Storage Systems: Understanding BESS and its Importance for India’s Renewable Energy Future Introduction: The Indian government has taken a significant step towards promoting renewable energy and strengthening its commitment to non-fossil fuel sources. The Union cabinet approved a viability gap funding scheme (VGF) aimed at encouraging the establishment of battery energy storage systems (BESS). With an allocated budget of Rs3,760 crore, the scheme aims to create 4,000 […]