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The Central Arecanut and Cocoa Marketing and Processing Cooperative (Campco) Ltd has pledged ₹5 crore to the National Defence Fund (NDF) amid rising national security concerns. A Kishore Kumar Kodgi, President of Campco, underscored the cooperative's longstanding commitment to national service and humanitarian efforts, recalling their previous donations to the Prime Minister’s Relief Fund during crises. He stated, “At this crucial juncture, when our Armed Forces are bravely defending the country against terrorism and external threats, it is our moral duty to stand with them.” The NDF, managed by the Government of India, supports the welfare of Armed Forces and Paramilitary personnel and their families. The donation was made via a cheque from the State Bank of India, reflecting Campco's dedication to supporting the nation and the farming community it represents. 
Published: May 10 2025, 4 pmeznews.inIn a decisive response to the recent Pahalgam attack, the Bureau of Civil Aviation Security (BCAS) has temporarily authorized the Central Industrial Security Force (CISF) to enhance security measures at all civil airports in India. Effective from May 9 to May 18, 2025, this directive allows CISF personnel to conduct random checks, manage access control, and oversee the In-line Hold Baggage Screening Systems (ILHBSS). The move aims to bolster aviation security by introducing an additional layer of scrutiny over cargo operations and baggage screening. An official communiqué stated that CISF has promptly resumed oversight of these critical operations, ensuring that all airports under its jurisdiction have implemented the strengthened security protocols. This marks a significant shift in CISF's role, as its previous deployment did not explicitly cover direct security and screening of cargo operations.
Published: May 10 2025, 9 pmeznews.inIn a significant development under the India-UK Free Trade Agreement (FTA), Indian skincare and cosmetic companies are poised to gain greater access to the UK market as tariffs on imports are expected to be halved. Currently, Indian exporters face tariffs as high as 20% on products such as soaps and face creams, which have hindered their competitiveness. Tanay Sharma, Co-Founder of CITTA, highlighted that this reduction could open up the UK market significantly, allowing Indian brands to position themselves more effectively. While the premium skincare segment is likely to see increased competition with a broader range of products, the mass market is expected to remain stable, according to Rohit Gothi, MD of ESME Consumers. He emphasized that their established distribution and manufacturing capabilities would maintain their leadership in the mass market, despite the influx of imported brands.
Published: May 10 2025, 5 pmeznews.inLucknow is set to make a significant leap in India's defence capabilities with the inauguration of the BrahMos supersonic cruise missile production unit on Sunday, part of the Uttar Pradesh Defence Industrial Corridor. Defence Minister Rajnath Singh and Chief Minister Yogi Adityanath will virtually inaugurate the facility, which aims to enhance India's self-reliance in defence manufacturing. Alongside the BrahMos unit, a Titanium and Super Alloys Materials Plant will also be launched, producing essential materials for aerospace and defence applications. The event will include the unveiling of the BrahMos Aerospace Integration and Testing Facility and the foundation stone for a Defence Testing Infrastructure System. Built at a cost of Rs 300 crore, the facility will manufacture the world's fastest supersonic cruise missile, enhancing India's strategic capabilities. The corridor, announced in 2018, is crucial for the 'Make in India' initiative, promoting local production and reducing defence imports.
Published: May 10 2025, 5 pmeznews.inAdani Group has launched India's first hydrogen-powered truck for mining logistics in Chhattisgarh, capable of transporting 40 tonnes of cargo over a 200-kilometre range. The initiative, unveiled by Chhattisgarh Chief Minister Vishnu Deo Sai, aims to replace diesel vehicles in the company's logistics operations, promoting cleaner transportation. Developed in collaboration with an energy technology firm and an auto manufacturer, the trucks feature smart technology and three hydrogen tanks. Vinay Prakash, CEO of Adani Natural Resources, emphasized the project's role in decarbonisation and responsible mining, highlighting the group's commitment to sustainability through innovative practices. The hydrogen-powered trucks will transport coal from the Gare Pelma III Block to a state power plant, significantly reducing emissions and noise while supporting India's energy demands. This project is part of a broader strategy to enhance sustainable mining practices and reduce reliance on fossil fuels, aligning with the country's environmental goals.
Published: May 10 2025, 3 pmeznews.inIndia is advised to learn from the recent US-UK trade agreement, which highlights the need for caution in its negotiations with the United States, according to the Global Trade Research Initiative (GTRI). The think tank noted that while the UK has made significant tariff concessions to the US, the latter has reciprocated minimally, suggesting that India could face similar pressures for a "mini-deal" focused on tariff reductions and strategic commitments rather than a comprehensive free trade agreement. GTRI founder Ajay Srivastava warned that India might be compelled to lower tariffs on sensitive agricultural products and automobiles, as seen in its recent agreement with the UK. He emphasized the importance of ensuring that any trade deal with the US is reciprocal and equitable, urging India to maintain a balanced approach in negotiations. A senior Indian delegation is set to visit Washington this month to continue discussions on the proposed bilateral trade agreement.
Published: May 10 2025, 3 pmeznews.inThe India Meteorological Department (IMD) has announced that the southwest monsoon is expected to reach Kerala on May 27, marking the earliest onset over the Indian mainland since 2009. Typically, the monsoon arrives around June 1, and its arrival in Kerala is crucial as it signals the start of the rain-bearing system across the country, which usually covers all regions by July 8. The IMD has forecast above-normal cumulative rainfall for the 2025 monsoon season, estimating it at 105% of the long-period average of 87 cm, with no El Niño conditions expected to disrupt this pattern. While the onset date in Kerala does not directly correlate with rainfall patterns elsewhere, the monsoon remains vital for India's agriculture, supporting 42.3% of the population and contributing 18.2% to the GDP, as well as replenishing essential water reservoirs.
Published: May 10 2025, 1 pmeznews.inMumbai Metro Line 3 has expanded its operations, now connecting the Bandra-Kurla Complex (BKC) to Acharya Atre Chowk in Worli, with services commencing on Saturday. Previously, the Aqua Line was operational only between JVLR Aarey and BKC. Maharashtra Chief Minister Devendra Fadnavis inaugurated the 9.77 km phase 2A, which features six stations, including Dharavi and Siddhivinayak, and runs underground through the rockbed beneath the Mithi River. This extension aims to enhance connectivity to key business areas and popular sites, easing commutes for local residents. The metro will operate from 6.30 am to 10.30 pm, with a minimum fare of Rs 10 and a maximum of Rs 40 for the new stretch. The Mumbai Metro Rail Corporation (MMRC) plans to run 244 services daily, with travel times between BKC and Worli estimated at 15-20 minutes.
Published: May 10 2025, 12 pmeznews.inThe Indian stock market experienced a significant downturn on May 10, 2025, with the SENSEX falling by 880.34 points to close at 79,454.47, while the NIFTY dropped 265.80 points to 24,008.00. In contrast, crude oil prices rose by 44.00 to reach 5,207.00, and gold and silver saw increases of 342.00 and 19.00, respectively, closing at 96,510.00 and 96,748.00. Meanwhile, heightened security measures at airports across India, prompted by escalating military tensions between India and Pakistan, have led to potential flight delays. Although operations at Delhi's Indira Gandhi International Airport remain normal, officials warned that evolving airspace conditions could impact flight schedules and extend security processing times. Passengers are advised to arrive early and cooperate with security personnel to ensure smooth travel. On the same day, 138 flights were cancelled at the airport.
Published: May 10 2025, 10 ameznews.inBasmati rice, renowned for its long grains and aromatic flavor, is witnessing a significant rise in global demand, with the market projected to reach $31.6 billion by 2027, growing at a CAGR of 9.1%. This surge is driven by a growing preference for high-quality, healthy grains, particularly in Western markets. India, which dominates over 70% of global basmati exports, has seen a 14.93% increase in volume and a 22.05% rise in export value in FY 2023-24. The country benefits from a robust supply chain, favorable climate, and Geographical Indication status, ensuring quality and authenticity. However, challenges such as price volatility, regulatory changes, and competition from Pakistan necessitate strategic responses. Indian exporters are encouraged to enhance brand identity, innovate product offerings, and diversify markets beyond traditional buyers to capitalize on the burgeoning global appetite for premium basmati rice.
Published: May 10 2025, 10 am
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