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Air India and IndiGo are set to experience disruptions over the weekend as they implement urgent software updates on their Airbus A320 aircraft, following an emergency airworthiness directive from the European Aviation Safety Agency. This directive, issued on Friday, aims to mitigate risks to flight safety control systems posed by intense solar radiation. Both airlines have alerted passengers to potential flight delays, with Air India acknowledging that the updates will lead to longer turnaround times. IndiGo has stated it is proactively addressing the mandated updates, advising that some flights may undergo slight schedule changes. The Airbus A320 family, which includes the A319, A320, and A321 variants, is the world's best-selling aircraft, with approximately 6,000 units affected globally by this directive. Both airlines have committed to providing support for rebooking and updates during this period. 
Published: Nov 29 2025, 8 ameznews.inIndia's dairy industry, having transitioned from scarcity to surplus, now faces a critical juncture as it grapples with a paradox of abundance without aspiration. The White Revolution has positioned India as the world's largest milk producer, generating approximately 240 million tonnes annually and supporting around 80 million dairy-farming households. However, despite this success, dairy's share of household spending has stagnated, while consumers increasingly invest in processed foods that resonate more with their lifestyles and emotional needs. While dairy products are nutritionally superior and culturally ingrained, the sector has yet to innovate and articulate their value effectively. Emerging trends show a growing demand for premium dairy products, such as artisanal ghee and high-protein yoghurts, indicating a potential shift. To harness this opportunity, the industry must focus on creating aspirational products that align with modern consumer desires, fostering a transformation from mere abundance to meaningful value.
Published: Nov 29 2025, 9 ameznews.inIndia is facing a critical challenge in water management, with agriculture consuming 80-85% of its freshwater amid rapid urbanization and industrial growth. The gap between water demand and supply is widening, exacerbated by climate variability. To address this, India is shifting focus from sourcing new water to creating it through advanced wastewater treatment and reuse technologies. Currently, only 28% of the over 72,000 million litres of wastewater generated daily is treated, but increasing this by just 20% could significantly enhance irrigation potential. Treated wastewater, rich in nutrients and climate-resilient, offers a cost-effective solution for farmers, potentially reducing their input costs by 15-25%. The Indian government aims for 70% wastewater reuse by 2047, supported by regulatory reforms and initiatives across various states. This transition requires collaboration among policymakers, public agencies, and private technology leaders, positioning India for a wastewater-led agricultural revolution that promises to bolster food security and climate resilience.
Published: Nov 29 2025, 9 ameznews.inIndia's cumin exports are projected to decline this fiscal year due to reduced demand from major buyers, particularly China and Bangladesh. A robust domestic crop in China has led to lower prices, making their cumin $200-250 per tonne cheaper than Indian varieties, prompting a significant drop in imports from India, which have not exceeded 10,000 tonnes this year. Additionally, political instability in Bangladesh has deterred Indian exporters from engaging in trade. According to the Spices Board, cumin shipments from India fell by 17% in volume and 30% in value during the April-August period compared to the previous year. Experts predict a further decline of 15-20% in overall shipments this fiscal, potentially affecting sowing patterns in key growing regions like Gujarat. However, some industry leaders remain optimistic about a recovery in demand next year, contingent on planting outcomes and market prices.
Published: Nov 29 2025, 6 ameznews.inIn financial markets, the SENSEX closed at 85,706.67, down by 13.71 points, while the NIFTY fell by 12.60 points to settle at 26,202.95. In commodity trading, crude oil prices rose by 15.00 to reach 5,305.00, while gold increased by 1,108.00, bringing its price to 126,612.00. Silver also saw a significant rise, climbing 6,394.00 to 168,861.00. Meanwhile, Chennai Airport reported the cancellation of 18 flights to Tiruchi, Thoothukudi, and Madurai due to Cyclone Ditwah, with additional cancellations affecting flights to Puducherry from Bengaluru and Hyderabad. The adverse weather conditions have disrupted travel plans, impacting numerous passengers throughout the day.
Published: Nov 28 2025, 10 pmeznews.inNet tax revenue in India has declined by over 2% during the April-October period of the 2025-26 fiscal year, according to the Controller General of Accounts (CGA). This drop, attributed to reduced direct tax rates and a GST cut, coincided with a significant 32% increase in capital expenditure, pushing the fiscal deficit to over 50% of budget estimates. The fiscal deficit rose nearly 10% to ₹8.3 lakh crore, representing 53% of the budget target. The central government collected approximately ₹18 lakh crore, or 51.5% of the budgeted receipts, while transferring ₹8.35 lakh crore to states. Experts express concern that achieving the budgeted tax target may be challenging, predicting a shortfall of ₹1.2-1.5 lakh crore in gross tax revenues. Despite potential additional expenditures, analysts do not foresee significant fiscal slippage at this stage.
Published: Nov 28 2025, 8 pmeznews.inIndia's GDP growth for the July-September quarter of FY26 has been reported at an impressive 8.2%, with economists projecting a full fiscal year growth of around 7.5% or higher. This surge is attributed to lower GDP deflators and increased economic activity, with the GDP deflator reflecting a minimal inflation rate of 0.5%. Notably, wholesale price inflation (WPI) was just 0.02%, down from 1.8% in the same quarter last year, while consumer price inflation (CPI) fell to 1.7% from 4.2%. Analysts from HDFC Bank and Elara Securities suggest that a low base effect from last year, alongside robust export activity, has contributed to this growth. Projections indicate that India's GDP could exceed $4 trillion by March 2026, with expectations of reaching $5 trillion by March 2029, bolstered by increased credit and GST rationalisation in the coming quarters.
Published: Nov 28 2025, 8 pmeznews.inIndia and Canada are set to initiate discussions next week regarding a proposed free trade agreement (FTA), as announced by Commerce and Industry Minister Piyush Goyal. However, formal negotiations are not expected to commence until February 2026, allowing time for due diligence and stakeholder consultations. This development follows a period of strained relations after Canada suspended FTA talks in 2023 due to allegations involving Indian officials in the killing of Sikh separatist leader Hardeep Singh Nijjar. Relations have improved since Mark Carney became Prime Minister in March 2025, with Carney accepting an invitation from Indian Prime Minister Narendra Modi to visit India in early 2026. Goyal emphasized the importance of focusing on sectors such as critical minerals, clean energy, aerospace, AI, quantum computing, and defense capabilities in the India-Canada partnership. In trade, India's exports to Canada rose by 9.8% in 2024-25, while imports saw a slight decline.
Published: Nov 28 2025, 8 pmeznews.inIndia's economy has shown robust growth, with the Gross Domestic Product (GDP) expanding by 8.2% in the second quarter, surpassing expectations and marking a six-quarter high. Chief Economic Advisor V Anantha Nageswaran expressed optimism that the economy could achieve a growth rate of 7% or higher for the current financial year, following an 8% growth in the first half. The Economic Survey had previously projected a growth range of 6.3-6.8% for FY26. Nageswaran noted that the economy is on track to surpass $4 trillion, up from $3.9 trillion at the end of March. The growth was driven by increased factory production in anticipation of a consumption boost from GST rate cuts, despite a slowdown in agricultural output. The services sector also contributed significantly, achieving double-digit growth, while both rural and urban demand are showing resilience and improvement.
Published: Nov 28 2025, 7 pmeznews.inD K Sunil, Chairman and Managing Director of Hindustan Aeronautics Limited (HAL), has defended the safety of the Tejas light combat aircraft following a tragic crash at the Dubai Airshow that resulted in the death of Wing Commander Namansh Syal. Speaking at ANI's National Security Summit, Sunil described the incident as "unfortunate" but emphasized that the Tejas is "absolutely safe" and boasts the best safety record globally. He highlighted India's achievement in developing a 4.5 generation aircraft with advanced capabilities, asserting that the crash would not affect the aircraft's future. Sunil also noted HAL's commitment to expanding its export capabilities, aligning with the Indian government's goal of establishing a global presence in defense manufacturing. The Dubai incident marks the second crash involving the Tejas since its induction into the Indian Air Force a decade ago, with the previous incident occurring in March 2024, where the pilot ejected safely.
Published: Nov 28 2025, 7 pm
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