eznews.inIn the latest market update, 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 commodities, crude oil prices rose by 36.00 to reach 5,326.00, while gold increased by 1,416.00, now priced at 126,920.00. Silver also saw a significant rise, climbing 9,055.00 to 171,522.00, with Indian holdings in silver exchange-traded products surging 18 times since 2022. Meanwhile, the Indian government reported a record kharif food production of 173.33 million tonnes, driven by strong rice and maize yields, and a 12% increase in rabi crop sowing, particularly wheat. Additionally, a survey revealed that 71% of Indians continue to consume milk and dairy products regularly, reflecting enduring dietary preferences amidst changing consumption patterns. 
Published: Nov 30 2025, 10 ameznews.inSatellite imagery on Sunday morning indicated that Cyclone Ditwah may be weakening as it approaches the coasts of Puducherry and Tamil Nadu. The cyclone was located near Karaikal, having slowed its movement over the southwest Bay of Bengal. It is currently positioned 170 km north-northeast of Jaffna, Sri Lanka, and 120 km northeast of Vedaranniyam, Tamil Nadu. The Indian Meteorological Department (IMD) forecasts that Ditwah will continue on a northward trajectory, remaining within 70 km of the coastline by noon and 30 km by evening. It is expected to weaken into a deep depression after passing Puducherry and further diminish as it approaches Chennai. Moderate to heavy rainfall is anticipated across north coastal Tamil Nadu and Puducherry, with lighter precipitation expected on Monday. Similar weather patterns are predicted for South Coastal Andhra Pradesh and Rayalaseema, while Kerala will experience light to moderate rainfall.
Published: Nov 30 2025, 10 ameznews.inAir India has successfully addressed software issues affecting over 90% of its Airbus A320 fleet, following directives from the European Union Aviation Safety Agency (EASA) and Airbus. The airline announced on November 29, 2025, that its engineering teams worked tirelessly to ensure minimal disruption to flight schedules, with no cancellations reported. Air India Express also confirmed that it had completed safety checks on most of its A320 aircraft, with remaining checks expected to finish soon. Airbus CEO Guillaume Faury issued an apology for the delays caused by the necessary software fix, emphasizing that safety remains the top priority. The Directorate General of Civil Aviation (DGCA) had previously issued an airworthiness directive banning the use of certain Airbus models due to safety concerns. Both Air India and Airbus are committed to restoring normal operations swiftly while prioritizing passenger safety.
Published: Nov 30 2025, 10 ameznews.inIndia's rice export landscape is undergoing significant transformation as the government tightens food security measures to ensure domestic availability. In the fiscal year 2024-25, India exported 20.1 million tonnes of rice worth $12.95 billion, solidifying its position as the world's largest rice supplier. However, export restrictions, changing regulations, and price controls are reshaping trade dynamics. The government's focus on food security is driven by unpredictable weather, rising domestic consumption, and inflation, necessitating careful stock management. Consequently, measures such as export bans on non-basmati rice and the implementation of Minimum Export Prices (MEPs) have created uncertainty for exporters, particularly small and medium-sized businesses. Global importers are adapting by diversifying their sourcing strategies, turning to suppliers in Thailand and Vietnam. As India balances domestic needs with its global market role, exporters must navigate a complex regulatory environment to remain competitive.
Published: Nov 30 2025, 9 ameznews.inThe Ministry of New and Renewable Energy (MNRE) has proposed an increase in solar cell efficiency standards to enhance the performance of solar photovoltaic (PV) modules in India. Effective January 1, 2027, the efficiency threshold will rise by 1 percentage point, followed by an additional 0.5 percentage point increase on January 1, 2028. This initiative aims to reflect advancements in solar technology and to exclude low-efficiency and outdated technologies from the Approved List of Modules and Manufacturers (ALMM), which is essential for selling solar products in India. The proposal outlines specific efficiency targets for four categories of solar cells, including utility-scale and rooftop solar. For instance, the efficiency requirement for crystalline silicon cells will increase from 20% to 21%. The MNRE emphasizes that current modules will be removed from the ALMM once the new standards are implemented, aligning with the industry's shift towards higher efficiency technologies.
Published: Nov 29 2025, 10 pmeznews.inThe Central Arecanut and Cocoa Marketing and Processing Cooperative (Campco) Ltd has successfully stabilized prices for arecanut over the past five years, despite market volatility, according to President Kishore Kumar Kodgi. Prices for new white arecanut stocks rose from ₹240-320 per kg in 2020 to ₹360-485 per kg in 2025, while old stocks increased from ₹320-380 to ₹360-525 per kg. Red arecanut prices surged from ₹350-398 to ₹545-585 per kg. Campco's turnover grew by approximately 70%, from ₹2,134.15 crore in 2020-21 to ₹3,631 crore in 2024-25, with profits of around ₹210 crore. The cooperative has also addressed agricultural challenges, including yellow leaf disease, and revised import policies to protect local prices. Additionally, Campco is investing in infrastructure and digital initiatives, including a new ERP system and a mobile app for growers, enhancing support and information access for its members.
Published: Nov 29 2025, 8 pmeznews.inIndia's engineering goods exports to the US fell by 14.5% year-on-year in October 2025, totaling $1.39 billion, primarily due to reciprocal tariffs and sectoral tariffs on steel and auto parts. The decline was exacerbated by a significant drop in exports of 'aircrafts and spacecraft' and 'ships, boats and floating structures,' which plummeted by over 80%. Overall, engineering exports decreased by 16.71% to $9.37 billion, with 15 of the 25 key markets experiencing negative growth, including a nearly 50% decline in the ASEAN region. The US imposed a 50% tariff on Indian goods, contributing to the downturn, while exports to the UAE also fell by 19.3%. Despite these challenges, the Engineering Export Promotion Council noted a 1.68% growth in engineering exports for the April-October 2025 period. Exporters are optimistic about the government's ₹25,000 crore Export Promotion Mission aimed at revitalizing the sector.
Published: Nov 29 2025, 7 pmeznews.inThe Indian government, in collaboration with the Asian Development Bank (ADB), has signed loan agreements totaling over $800 million for three significant projects across Maharashtra, Madhya Pradesh, and Gujarat. The agreements include $500 million for the Maharashtra Power Distribution Enhancement Programme, aimed at modernising rural power infrastructure and providing reliable solar electricity to 900,000 farmers by 2028. Additionally, a loan of approximately $190.6 million will support the Indore Metro Rail Project, while $109.97 million is allocated for the Gujarat Skills Development Programme, which seeks to enhance workforce skills in high-growth sectors such as logistics, automotive, and renewable energy. Furthermore, a $1 million Technical Assistance grant was approved for the Sustainable Wetland and Integrated Fisheries Transformation (SWIFT) Project in Assam, aimed at improving wetland ecosystems and fisheries.
Published: Nov 29 2025, 7 pmeznews.inPassengers faced delays on Saturday as domestic airlines, including IndiGo and Air India, undertook mandatory software upgrades on their Airbus A320 family aircraft, following directives from India's aviation safety regulator, the DGCA. The DGCA reported that 200 IndiGo aircraft, 113 Air India aircraft, and 25 Air India Express planes were identified for the upgrades. By Saturday afternoon, over 50% of the necessary updates had been completed, with IndiGo stating that inspections on 160 aircraft were finished by noon IST. Air India reported that its engineers were working tirelessly, having completed over 40% of the required updates. The software changes were prompted by an emergency airworthiness directive from the European Union Aviation Safety Agency (EASA) and were aimed at ensuring the continued safe operation of the aircraft. Despite the delays, no flights were cancelled, and both airlines expressed confidence in meeting the compliance timeline.
Published: Nov 29 2025, 6 pmeznews.inIndiGo has announced the launch of new direct flights and increased frequencies from Navi Mumbai International Airport (NMIA), set to commence on December 29, 2025. The airline will operate daily flights to Coimbatore and Chennai, enhancing connectivity from the newly inaugurated airport. Additionally, five weekly flights to Vadodara will begin on December 30, while the frequency on the NMIA-North Goa route will increase from December 26. This expansion is part of IndiGo's strategy to position NMIA as a key aviation hub, supporting regional growth and investment in line with India's vision for a connected aviation network. The flight schedules include daily departures to Coimbatore and Chennai, with specific timings outlined for the Vadodara and Goa routes. This initiative aims to provide seamless travel options for passengers and bolster NMIA's role in India's aviation landscape.
Published: Nov 29 2025, 6 pm
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