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Bengal Governor C. V. Ananda Bose inaugurated the National Convention of CA Students in Kochi, organized by the Institute of Chartered Accountants of India (ICAI) Board of Studies. Addressing the gathering, he highlighted the pivotal role of chartered accountants in India's transformation into a powerful nation. Justice Devan Ramachandran praised the Indian Constitution, urging youth to embrace honesty and strive for excellence as a fundamental duty. ICAI President Charanjot Singh Nanda emphasized the community's commitment to supporting India's economic ambitions and lauded the impressive achievements of CA students from Kerala, who serve as national role models. The event attracted around 1,500 students and featured speeches from notable figures including Babu Abraham Kallivayalil, Rohit Ruwadiya, Sanjib Sanghi, A. S. Anand, Deepa Varghese, and Jolly Stephen, underscoring the importance of integrity and leadership among the youth. 
Published: Nov 02 2025, 5 pmeznews.inFlight delays persisted across US airports on Sunday as the government shutdown entered its second month, exacerbating air traffic controller shortages. Newark Airport in New Jersey faced delays of two to three hours, with New York City's Emergency Management office warning that these disruptions could affect other regional airports. Travellers were advised to check flight statuses and prepare for longer waits. Major airports, including George Bush Intercontinental in Houston and Chicago O'Hare, also reported delays and cancellations. US Transportation Secretary Sean Duffy highlighted the impact of the shutdown on air traffic controllers, stating that nearly 13,000 have been working without pay. While he previously warned that controllers calling in sick risked termination, Duffy clarified he would not fire those unable to work due to financial pressures. The FAA was already grappling with a shortage of about 3,000 controllers before the shutdown, complicating the situation further.
Published: Nov 03 2025, 9 ameznews.inThe SENSEX closed at 83,689.70, down 249.01 points, while the NIFTY fell by 25.25 points to 25,696.85. In commodity markets, crude oil prices rose by 30.00 to reach 5,452.00, while gold and silver saw increases of 475.00 and 965.00, respectively, bringing their prices to 121,707.00 and 149,252.00. Meanwhile, the Wheat Products Promotion Society (WPPS) is set to host a two-day national seminar titled “Wheat in Transformation: Preparing for Climate, Quality and Consumption” on November 7-8, 2025, in Chandigarh. The event aims to unite the entire wheat value chain, including farmers, millers, and researchers, to address challenges posed by climate change and evolving consumer trends. Industry leaders from companies like ITC Ltd and Nestlé will discuss innovations in technology and sustainability, highlighting Punjab's crucial role in India's wheat industry.
Published: Nov 03 2025, 9 ameznews.inIndia's tea production in September 2025 experienced a notable decline of approximately 6%, attributed to adverse climatic conditions affecting key tea-producing states, including Assam and Tamil Nadu. Total output for the month reached 159.92 million kilograms, down from 169.93 million kilograms in September 2024, according to the Tea Board. In North India, the largest tea-producing region, production fell by 5.61% to 138.65 million kilograms. Assam, the leading state, saw a slight increase to 94.76 million kilograms, while West Bengal's output plummeted by 17% to 40.03 million kilograms, with all regions reporting declines. South India also faced production drops, with Tamil Nadu down 4.76% to 15.79 million kilograms and Kerala down 14.35% to 5.13 million kilograms. The production of CTC teas in North India was 123.09 million kilograms, while orthodox and green tea outputs were significantly lower.
Published: Nov 03 2025, 9 ameznews.inAt the recent India Maritime Week 2025 in Mumbai, five pioneering Indian women seafarers were celebrated for their groundbreaking roles in the maritime industry: Suneeti Bala, chief engineer; Reshma Nilofer Visalakshi, the only female marine pilot; Sonali Banerjee, marine engineer; Parvathy Rajalakshmi, naval architect; and Radhika Menon, a merchant navy captain. Their achievements reflect a significant increase in female representation in the sector, with the number of Indian women seafarers rising from 1,600 in 2021 to nearly 6,000 by the end of 2024, aided by government initiatives and industry support. Despite this progress, women still represent only 1.2% of the global seafarer workforce. The government’s Sagar Mein Samman initiative and corporate diversity programs aim to further enhance women's participation, while scholarships and all-women training batches are fostering inclusivity. Experts note a cultural shift, with increasing family support encouraging young women to pursue maritime careers.
Published: Nov 03 2025, 6 ameznews.inIndia's logistics sector, a vital component of the economy, employs 2.2 crore people and is valued at $215 billion, with projections to reach ₹120 trillion by 2035. The industry is experiencing rapid growth, driven by the e-commerce boom and the expansion of logistics companies. However, the sector faces a significant challenge in workforce preparedness, as nearly 90% of its employees are in the informal sector, lacking formal training and certification. The government is addressing these issues through initiatives like the National Logistics Policy and the PM GatiShakti Master Plan, which aim to enhance infrastructure and streamline operations. Despite training efforts under the Pradhan Mantri Kaushal Vikas Yojana, there is a pressing need for sector-specific training in areas such as warehouse robotics and digital freight systems. Implementing apprenticeship programs could effectively bridge the skill gap, providing workers with wages, certification, and social protections while ensuring a steady supply of skilled talent.
Published: Nov 03 2025, 6 ameznews.inAs it approaches its 50th anniversary, the Dredging Corporation of India Ltd (DCIL) is poised for significant transformation, bolstered by a ₹4,000 crore investment under Prime Minister Narendra Modi's Maritime Amrit Kaal Vision. Chairman M Angamuthu aims to elevate DCIL to one of the top five dredging companies globally, enhancing its capacity and operational efficiency. Operating under a consortium of four major ports, DCIL has expanded its services since its establishment in 1976, now handling maintenance and capital dredging, among others. The recent acquisition of the DCI Dredger Godavari marks the beginning of a fleet expansion, with plans to add three more trailer suction hopper dredgers and various other dredging vessels. These modernization efforts are set to strengthen DCIL's position in both maintenance and capital dredging markets, ensuring it meets the growing demands of India's dredging needs.
Published: Nov 03 2025, 6 ameznews.inIn a turbulent trading session, India's benchmark indices faced significant declines, with the SENSEX dropping by 465.75 points to close at 83,938.71, while the NIFTY fell by 155.75 points to settle at 25,722.10. In contrast, crude oil prices saw a modest increase of 29.00, reaching 5,420.00, while gold and silver prices fell, with gold down by 208.00 to 121,300.00 and silver decreasing by 416.00 to 148,424.00. Meanwhile, Emirates Airlines is addressing the growing challenge of turbulence by implementing a data-driven strategy to enhance flight safety and passenger experience. The airline's Divisional Senior Vice President, Captain Hassan Alhammadi, emphasized their commitment to minimizing severe turbulence through advanced technologies and AI. Additionally, the International Civil Aviation Organisation condemned North Korea and Russia for ongoing violations related to global navigation satellite system interference, urging compliance with international aviation safety standards.
Published: Nov 03 2025, 6 ameznews.inIndia's coffee exports have reached a remarkable $1.80 billion in the financial year 2024-25, marking a 40.2% increase from the previous year, according to the Department of Commerce. This growth is attributed to rising global demand for India's unique coffee flavors, with exports during April to September 2025 alone hitting $1.07 billion, a 16% rise year-on-year. The country, now the seventh-largest coffee producer globally, primarily exports Arabica and Robusta beans, with a growing interest in value-added products like roasted coffee. Prime Minister Narendra Modi highlighted the increasing global popularity of Indian coffee in his recent 'Mann ki Baat' broadcast, praising regions such as Karnataka, Kerala, and Odisha for their diverse coffee offerings. He noted the positive impact of coffee cultivation on local livelihoods, particularly in Koraput, where passionate farmers are transforming their lives through coffee production.
Published: Nov 02 2025, 8 pmeznews.inA recent analysis of Goods and Services Tax (GST) collection data reveals a mixed performance across key Indian states for October 2025. While Haryana's collections remained flat, Delhi, West Bengal, and Rajasthan experienced declines, contributing to a broader trend where 20 out of 36 states and Union Territories reported a decrease of up to 24%. Notably, six of the eight North Eastern states also saw a drop in collections. This decline is attributed to muted consumer demand in early September, with many discretionary purchases postponed in anticipation of price reductions. However, economists from SBI project that overall GST revenue for FY26 will exceed budget estimates, bolstered by anticipated increases in November due to festive demand and improved consumer confidence. The report indicates that states like Karnataka and Telangana have actually seen gains, countering fears of significant revenue losses post-rationalization.
Published: Nov 02 2025, 6 pmeznews.inIndia's exports to the United States have plummeted for the fourth consecutive month, with a staggering 37.5% decline from May to September 2025, according to the Global Trade Research Initiative (GTRI). This drop, attributed to steep US tariff hikes that began at 10% and escalated to 50%, has severely impacted key sectors, including smartphones and pharmaceuticals. Exports of smartphones alone fell by 58%, while pharmaceutical shipments decreased by 15.7%. Labour-intensive sectors, which constitute nearly 60% of India's US exports, also suffered a 33% decline. GTRI warns that without urgent government intervention, India risks losing market share to competitors like Vietnam, Mexico, and China, particularly in areas where it once thrived. Exporters are calling for immediate measures, including enhanced financial support and faster duty remission, to mitigate the adverse effects of these tariffs and address underlying vulnerabilities in India's export landscape.
Published: Nov 02 2025, 7 pm
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