The United States provides grants and loans to expand meat processing capacity

U.S. Agriculture Secretary Tom Vilsack said Wednesday that the U.S. Department of Agriculture will direct $73 million in grants to small and medium-sized meat and poultry manufacturers to expand their capacity and provide more money through lending programs. The money is intended to increase competition and stability in the meat industry – which is dominated … Read more

India’s SBI sees loan growth to remain strong after record profits

MUMBAI (Reuters) – State Bank of India (SBI.NS), the country’s largest bank, expects credit growth to remain in the double digits as it ramps up efforts to attract more deposits, seeing growth in line with the sector. The bank reported a 74% increase in its quarterly net profit on Saturday, driven by higher loan growth … Read more