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A high-level event at the United Nations Climate Change Conference (COP30) in Brazil has underscored the vital role of natural rubber in promoting sustainable development and enhancing climate resilience. Titled “Promoting Smallholder Projects for Net-Zero and Beyond,” the event was organized by the Association of Natural Rubber Producing Countries (ANRPC) and supported by the International Rubber Research and Development Board (IRRDB) and the American Forest Foundation (AFF). ANRPC's Lekshmi Nair emphasized the crucial contributions of smallholders to climate change mitigation, advocating for necessary support and partnerships to achieve global net-zero targets. Keynote speakers, including Satya Tripathi from the Global Alliance for a Sustainable Planet, stressed the importance of private finance in supporting public goods, while Nisar Marisi from Indonesia's Ministry of National Development Planning highlighted the need for improved productivity and value chain efficiency in the natural rubber sector to align with global climate commitments. 
Published: Nov 26 2025, 12 pmeznews.inAs India celebrates National Milk Day, the dairy sector's remarkable transformation from a milk-deficient nation to the world's largest milk producer is highlighted. Contributing nearly a quarter of global milk production, India's dairy industry supports over 80 million farmers and accounts for 5% of the country's GDP. Milk production surged by 63.56% over the past decade, reaching 239.3 million tonnes in 2023-24, with per capita availability rising to 471 grams daily, well above the global average. Modern consumers now demand diverse, high-quality dairy products, prompting companies like Mother Dairy to innovate with offerings such as high-protein milk and probiotic drinks. Technological advancements, including blockchain for product traceability, enhance transparency and trust. As the sector evolves, collaboration between industry and research institutions is essential for sustainable growth, ensuring that the dairy ecosystem remains nutritionally rich and socially inclusive, while honoring the legacy of Dr. Verghese Kurien, the architect of India's White Revolution.
Published: Nov 26 2025, 12 pmeznews.inIndia's crude oil imports from Russia are set to decline after November 21, 2025, due to impending US sanctions on major Russian oil firms Rosneft and Lukoil. However, analysts from Kpler predict this decrease will be temporary as supply chains adapt. In November 2025, India averaged approximately 1.9 million barrels per day (mb/d) of Russian oil, a record for the month, driven by refiners stockpiling before sanctions took effect. This figure represents a 17% month-on-month increase and nearly 6% year-on-year rise. Despite anticipated short-term drops in imports, particularly in December and January, Indian refiners are likely to seek alternative non-sanctioned Russian suppliers and utilize complex logistics to maintain access to competitively priced crude. The ongoing geopolitical landscape and operational challenges in Russia further complicate the situation, but without more extensive sanctions, India is expected to continue sourcing Russian oil through indirect channels.
Published: Nov 26 2025, 12 pmeznews.inA well-marked low-pressure area near Sri Lanka has diverted cyclone Senyar away from the Bay of Bengal, steering it towards the Indonesian coast, according to the India Meteorological Department (IMD). As of Wednesday morning, Senyar was located approximately 100 km east of Kuta Makmur, Indonesia, and is expected to maintain its intensity as a cyclonic storm until Thursday before gradually weakening. Meanwhile, a new low-pressure system developing over the southwest Bay and adjacent regions is anticipated to intensify into a depression, potentially bringing heavy rainfall to Tamil Nadu and surrounding areas. Forecasts predict very heavy rain for Tamil Nadu over the next three days, with additional rainfall expected across the Andaman and Nicobar Islands, Coastal Andhra Pradesh, and Rayalaseema in the coming days. The IMD has indicated that this new system will significantly impact weather patterns in the region.
Published: Nov 26 2025, 10 ameznews.inDevesh Chaturvedi, Secretary of the Department of Agriculture & Farmers’ Welfare, urged the hospitality industry to establish direct, structured partnerships with Farmer Producer Organizations (FPOs) during the FPO–Hospitality & Farmers’ Benefit Summit 2025, organized by the Federation of Hotel & Restaurant Associations of India (FHRAI). He highlighted that such collaborations are essential for ensuring a steady supply of high-quality, chemical-free agricultural produce, benefiting both farmers and hotels. With nearly 40,000 FPOs in India, Chaturvedi noted the need to address the current pricing imbalance faced by farmers, advocating for direct procurement to enhance profitability and reduce reliance on middlemen. Suman Billa, Additional Secretary & Director General of the Ministry of Tourism, echoed this sentiment, calling for a structured framework to strengthen farmer-hotel partnerships, which would support rural livelihoods and bolster tourism. The summit also featured an exhibition showcasing diverse regional products from 50 FPOs across 17 states.
Published: Nov 25 2025, 10 pmeznews.inUnion Finance Minister Nirmala Sitharaman emphasized the importance of legislative reforms, such as the Insolvency and Bankruptcy Code (IBC), in adapting to India's evolving economic landscape during a review meeting on Tuesday. She urged the Ministry of Corporate Affairs (MCA) to enhance transparency through a live dashboard and to prioritize governance that is easy and facilitative. Highlighting the goal of transforming India into a developed nation by 2047, Sitharaman called for timely modernization of systems and processes. Concurrently, Financial Services Secretary M Nagaraju instructed public sector bank executives to closely monitor the top 20 pending cases at the National Company Law Tribunal (NCLT) and ensure adherence to timelines for corporate insolvency resolution processes. He also stressed the need for banks to coordinate effectively and expedite resolutions to minimize delays, reinforcing the urgency of addressing pending cases to foster a more efficient financial environment.
Published: Nov 25 2025, 10 pmeznews.inChina's soybean oil exports to India have surged, driven by weak domestic demand and increased imports of soybeans from South America and the US. In October, China shipped a record 70,877 tons of soybean oil, primarily to India, with total exports for the first ten months of 2025 reaching 329,000 tons—nearly triple the amount for all of 2024. This shift comes as China's economy cools, leading to reduced consumption and a surplus of soybean oil, which is now flooding global markets. Indian buyers, attracted by competitive pricing and comparable quality to South American supplies, are capitalizing on this new trade route. Chinese soybean oil is currently trading at a discount of $10 to $15 per ton compared to South American oil, with imports expected to reach around 350,000 tons in the next six months, positioning China as India's third-largest supplier.
Published: Nov 25 2025, 10 pmeznews.inThe number of Unincorporated Sector Enterprises in India rose to 7.97 crore by the end of the September quarter, up from 7.94 crore in the previous quarter, according to a report from the Statistics Ministry released on Monday. Despite this growth, the workforce remained unchanged at 12.86 crore, although it reflects an increase from the annual ASUSE 2023-24 figure of over 12 crore workers, indicating overall employment expansion in the non-agricultural sector. The report noted a slight rise in the proportion of establishments employing hired workers, from 24.38% to 25.91% in urban areas, with urban employment increasing from 6.61 crore to 6.91 crore. The unincorporated manufacturing sector saw a 5.29% rise in establishments and a 7.20% increase in workforce, driven by casual and migrant labor. Additionally, internet usage among enterprises grew to 39%, highlighting a trend towards digital integration and formalisation within the sector.
Published: Nov 25 2025, 9 pmeznews.inCommerce and Industry Minister Piyush Goyal has announced that the recently introduced four labour codes aim to benefit unorganised and gig workers by streamlining processes and enhancing access to social security and improved working conditions. Speaking at the National Trade Leaders Conference in New Delhi, Goyal highlighted the consolidation of 29 labour laws into these codes, which are designed to promote better labour practices, ensure occupational safety, and guarantee minimum wages nationwide. Additionally, he noted the government's efforts to decriminalise minor business offences through the Jan Vishwas (Amendment of Provisions) Bill 2025, which is currently under review by a Select Committee. Goyal encouraged the trading community to suggest further provisions for decriminalisation and called for a framework for a 'one nation, one licence' system to be submitted for consideration by state governments.
Published: Nov 25 2025, 9 pmeznews.inIndia's Commerce Minister Piyush Goyal announced positive export figures for November 2025, indicating growth compared to the same period last year, following a decline of 11.8% in October due to US tariffs on labor-intensive goods. Speaking at a press briefing after the fourth Board of Trade meeting, Goyal revealed that guidelines for two key exporter schemes—the interest equalisation scheme (IES) and the market access initiative (MAI)—will be released next week. The IES, which lapsed at the end of 2024, is crucial for providing exporters with cheaper credit, while the MAI offers marketing support. Goyal also confirmed the commencement of formal negotiations for a free trade agreement with the Russia-led EAEU and upcoming talks with Israel and the Mercosur bloc. As India seeks to diversify its trade partnerships amid ongoing tariff uncertainties from the US, interest from various countries in trade agreements with India continues to grow.
Published: Nov 25 2025, 9 pm
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