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India's automobile exports have demonstrated significant growth across various segments, with the Society of Indian Automobile Manufacturers (SIAM) reporting a 30.3% year-on-year increase in passenger vehicle (PV) exports to 87,762 units in September. Two-wheeler (2W) exports also rose by 15.3% to 429,562 units during the same month. In the second quarter of 2024, PV exports surged by 23% to 241,554 units, while 2W exports grew by 25% to 1,295,468 units. The first half of the financial year saw PV exports increase by 18.4% to 445,884 units, with companies like Maruti Suzuki and Hyundai leading the charge. Maruti Suzuki achieved record monthly exports of 42,204 units, while Hyundai aims for 30% of its production to be exported by 2030. Industry leaders attribute this growth to rising global acceptance of Indian-made vehicles, with a positive outlook for the sector ahead. 
Published: Oct 16 2025, 1 pmeznews.inThe Monetary Policy Committee (MPC) of India, during its recent meeting from September 29 to October 1, unanimously decided to maintain the policy repo rate at 5.50%. MPC member Ram Singh emphasized that concerns over potential negative impacts on bank deposits and household savings should not deter further rate cuts. He noted that while aggregate savings rates have declined from 34.6% of GDP in 2011-12 to 30.7% in FY24, interest rates are not the primary factor influencing these rates. Instead, demographic changes and variations in returns on capital play significant roles. Singh highlighted a shift in household savings away from bank term deposits towards higher-yielding investments like mutual funds and equities. He argued that the focus should be on total savings and the flow of funds to the real sector, rather than solely on bank credit, as non-bank sources have increasingly supported commercial sector financing.
Published: Oct 16 2025, 5 pmeznews.inSpiceJet has bolstered its connectivity to Bihar in anticipation of the upcoming Chhath Puja and Diwali celebrations by launching additional flights from Delhi and Mumbai to Darbhanga, as well as new routes to Patna from Ahmedabad, Bengaluru, and Hyderabad. These enhancements, which began on October 10, 2025, aim to accommodate the increased travel demand during the festive season. The airline's existing services to Patna and Darbhanga have also been expanded, ensuring greater convenience for passengers. Furthermore, SpiceJet has introduced special daily non-stop flights connecting Ayodhya with major cities, including Delhi and Bengaluru, starting October 8, 2025, to facilitate access to the Shri Ram Temple during Diwali. Debojo Maharshi, Chief Business Officer of SpiceJet, emphasized the airline's commitment to making festive travel more accessible for millions of passengers returning home for these significant celebrations.
Published: Oct 16 2025, 4 pmeznews.inEmirates SkyCargo has officially launched its operations centre at Cochin International Airport, a move anticipated to significantly enhance international cargo services from Kochi. This development is expected to bolster cargo connectivity to West Asia and Europe, positioning Kochi as a key cargo hub. In addition to Emirates SkyCargo, several international courier services and freight forwarders are set to begin operations at the airport, further expanding its capabilities. Discussions between Cochin International Airport Limited (CIAL) and Emirates SkyCargo have focused on establishing the airport as a central hub for textile exports from Tamil Nadu and Kerala, aiming to improve cargo facilities, increase volumes, and stimulate regional economic growth. The inauguration event was attended by key figures, including Emirates SkyCargo Manager Ameer Al Zarouni and CIAL Managing Director S Suhas, highlighting the collaborative effort to enhance trade in the area.
Published: Oct 16 2025, 4 pmeznews.inIndia is set to reduce its imports of liquefied petroleum gas (LPG) from the Middle East, as state refiners aim to increase purchases from the United States, according to sources familiar with the matter. The refiners have notified traditional suppliers in Saudi Arabia, the UAE, Kuwait, and Qatar about the impending cuts, although the exact volume of the reduction remains unclear. Reports suggest that India plans to source around 10% of its LPG imports from the US by 2026. This move aligns with India's commitment made during Prime Minister Narendra Modi's visit to Washington in February, where the country pledged to boost US energy purchases from $10 billion to $25 billion, aiming for $500 billion in bilateral trade by 2030. Indian refiners are looking to acquire approximately 2 million metric tons of US LPG in 2026, as they navigate a complex trade landscape marked by tariffs and geopolitical tensions.
Published: Oct 16 2025, 3 pmeznews.inRussia's Deputy Prime Minister Alexander Novak expressed confidence in the continuation of the country's energy partnership with India, despite US President Donald Trump's assertion that India had committed to halting oil purchases from Moscow. Speaking on October 16, 2025, Novak emphasized the importance of cooperation with "friendly partners," highlighting the demand for Russian energy resources as both economically advantageous and practical. He reassured that Russia's collaboration with India would persist, focusing on the development of energy ties between the two nations. This statement comes amid ongoing geopolitical tensions and discussions surrounding energy security and trade relationships.
Published: Oct 16 2025, 2 pmeznews.inUS President Donald Trump's recent announcement to halt soybean oil imports from China comes amid a significant downturn in US soybean exports, with China not purchasing any soybeans this season (September 2025-August 2026) for the first time in over two decades. This has exerted downward pressure on soybean prices, currently at $10 a bushel. Analysts suggest that Trump's statement is unlikely to affect China, which has shifted its focus to Brazilian soybeans, purchasing them at a premium while investing in Brazil's infrastructure to facilitate exports. US farmers are expressing frustration as they face rising costs and falling prices, with some storing their crops in hopes of better market conditions. The American Soybean Association has called the situation "dire," urging the US government to negotiate trade access with China. Meanwhile, China continues to find new markets for its soybean oil, further complicating the landscape for US exporters.
Published: Oct 16 2025, 12 pmeznews.inThe Coca-Cola India Foundation's Project Unnati Apple is transforming agriculture in Uttarakhand by promoting climate-resilient, high-yield apple farming. A notable success story is Basanti Bisht from Sunderkhal village, who transitioned from cultivating cabbage and wheat to high-density apple orchards after receiving training in modern farming techniques. Initially met with skepticism, Bisht's orchard produced seven boxes of apples in its first year, increasing to 50 in the second. Her success has inspired other women in her village to adopt similar practices, and she actively shares her knowledge with them. Project Unnati Apple aims to empower farmers by enhancing productivity and sustainability, supporting hundreds in adopting advanced horticultural methods. This initiative is part of a broader effort to improve agricultural practices across India, ultimately fostering community growth and resilience.
Published: Oct 16 2025, 11 ameznews.inIndia is set to host the Asia Pacific Accident Investigation Group (APAC-AIG) meeting for the first time from October 28-31 in New Delhi, organized by the Aircraft Accident Investigation Bureau (AAIB) under the Ministry of Civil Aviation. Approximately 90 delegates, including 60 from various Asia Pacific nations and representatives from the International Civil Aviation Organization (ICAO), will attend the four-day event. The meeting will focus on aircraft accident investigation processes and reporting, featuring workshops on October 28 and 29 led by AAIB and Directorate General of Civil Aviation (DGCA) officials. Discussions will continue on October 30 and 31, culminating in an inauguration by Civil Aviation Minister K Rammohan Naidu. The AAIB, which is currently managing around 25 investigations, including the tragic Air India crash that claimed 260 lives in June, plays a crucial role in enhancing aviation safety in India.
Published: Oct 16 2025, 11 ameznews.inDense clouds enveloped southern Kerala and Tamil Nadu on Thursday morning, following persistent overnight rain as the region anticipates the official onset of the north-east monsoon. Thiruvananthapuram experienced cloudy skies and continued rainfall, attributed to a developing low-pressure area expected to settle over the Lakshadweep region by Sunday. The India Meteorological Department (IMD) forecasts that districts including Tiruneveli, Tenkasi, and Kanyakumari may experience heavy rain, while hilly areas in west Kerala could also see significant precipitation. The IMD reported widespread moderate to heavy rainfall across various states, including Tamil Nadu and Kerala, on Wednesday. Looking ahead, the IMD warns of very heavy rainfall in Tamil Nadu and Kerala over the next two days, with thunderstorms and gusty winds expected in Coastal and South Interior Karnataka. The weather pattern is likely to persist, affecting several regions in the South Peninsula.
Published: Oct 16 2025, 10 am
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