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Canada and India are set to enhance their energy trade ties, marking a significant step in their diplomatic relationship following recent tensions. During a meeting at India Energy Week in Goa, Canadian Energy Minister Tim Hodgson and Indian Petroleum Minister Hardeep Singh Puri announced plans for Canada to increase exports of crude oil, liquefied natural gas, and liquefied petroleum gas to India, while India will supply more refined petroleum products to Canada. This renewed collaboration aims to revive a previously dormant ministerial energy dialogue, which had stalled amid a dispute over the killing of a Canadian Sikh activist. Prime Minister Mark Carney's government is keen to diversify Canada's export markets, particularly in energy, as trade tensions with the US escalate. The two nations will also explore investments in hydrogen, biofuels, and critical minerals, highlighting the strategic value of their energy partnership. Carney is expected to visit India soon to further these discussions. 
Published: Jan 27 2026, 10 ameznews.inAXISCADES Technologies Limited has entered into a strategic partnership with OGMA – Indústria Aeronáutica de Portugal, a subsidiary of Embraer, to enhance aerospace maintenance, repair, and overhaul (MRO) services for aircraft fleets in India. This collaboration will focus on Embraer’s Indian fleet, which includes VVIP, VIP, and commercial aircraft, as well as airborne early warning platforms. The Bengaluru-based firm will leverage its expertise in avionics, radar, and electronic warfare alongside OGMA’s extensive MRO experience. The partnership aims to explore business opportunities in India, the UAE, and the broader Middle East and North Africa region, utilizing OGMA’s connections with major manufacturers like Airbus Defence and Rolls-Royce. AXISCADES is also developing a comprehensive aerospace and defence facility near Bengaluru International Airport. Both companies emphasize their commitment to supporting India's self-reliance objectives while expanding their global footprint. AXISCADES shares were trading at ₹1,139, down 1.16 percent on the NSE.
Published: Jan 27 2026, 12 pmeznews.inPrime Minister Narendra Modi, speaking at the inaugural session of India Energy Week in Goa, highlighted the country's growing demand for liquefied natural gas (LNG) and the vast investment opportunities it presents. He emphasized the need for development in shipping vessels, pipelines, and regasification infrastructure, alongside the deep-sea exploration initiative, Samudra Manthan Mission. Modi announced a ₹70,000 crore ship-building programme to support LNG transport and noted the ongoing expansion of city gas distribution networks. He projected that India aims to attract $100 billion in oil and gas investments by the decade's end, with over 170 exploration blocks already awarded. Modi also pointed out India's refining capacity, currently at 260 million tonnes per annum, with ambitions to surpass 300 million. He urged global investors to engage with India's energy sector, which he described as pivotal to the nation's growth, offering opportunities worth $500 billion under the banner of "Make in India."
Published: Jan 27 2026, 12 pmeznews.inAdani Group and Brazilian aerospace giant Embraer have announced a strategic partnership to establish a regional aircraft manufacturing facility in India, enhancing the country's indigenous manufacturing capabilities. The collaboration, formalized through a Memorandum of Understanding at the civil aviation ministry, aims to improve air connectivity to Tier 2 and 3 cities, with plans for a Final Assembly Line for Embraer's regional jets. Adani Defence & Aerospace Director Jeet Adani emphasized the significance of this venture, which aligns with India's push for self-reliance in manufacturing. Civil Aviation Secretary Samir Kumar Sinha highlighted the initiative's potential for technology transfer and robust supply chains. While specific investment details and site locations remain undisclosed, the partnership is expected to cater to the growing demand for regional transport aircraft in India and the broader South Asian market. Embraer anticipates a need for at least 500 aircraft in the 80 to 146 seat range over the next two decades.
Published: Jan 27 2026, 12 pmeznews.inThe Jawaharlal Nehru Port Authority (JNPA) Special Economic Zone (SEZ) has reported a significant 27% year-on-year increase in export-import (EXIM) container volumes for the calendar year 2025. The SEZ handled 20,693 twenty-foot equivalent units (TEUs) in 2025, up from 16,312 TEUs in 2024, according to an official release issued on Tuesday. JNPA Chairperson Gaurav Dayal attributed this growth to the heightened confidence of trade and industry in the SEZ's infrastructure and facilitation systems. Spanning 277.38 hectares, the SEZ has 129.73 hectares leased and 34.16 hectares available for future leasing. Currently, it hosts 11 operational units and one Free Trade Warehousing Zone (FTWZ), underscoring its expanding role in the region's economic landscape. The announcement was made public on January 27, 2026.
Published: Jan 27 2026, 12 pmeznews.inIn a significant development, Prime Minister Narendra Modi announced that India and the European Union have finalized a comprehensive free trade agreement, dubbed the "mother of all deals." Speaking at the India Energy Week, Modi emphasized that this pact will unlock substantial economic opportunities for over 1.9 billion people across both regions. The formal announcement will take place during the upcoming India-EU Summit, featuring EU President Ursula von der Leyen and European Council President Antonio Costa. Modi highlighted that the agreement, which encompasses 25% of global GDP and one-third of global trade, reinforces the shared commitment to democracy and the rule of law. Indian exporters, particularly in textiles, leather, and chemicals, are expected to benefit significantly from reduced tariffs, while EU exporters, especially in the automotive and wine sectors, will gain improved market access, albeit with certain restrictions.
Published: Jan 27 2026, 11 ameznews.inAir India Express has cancelled approximately 50 flights to and from Srinagar International Airport due to heavy snowfall in Kashmir, officials reported on Tuesday. The adverse weather conditions have led to the cancellation of 25 inbound and 25 outbound flights, with further disruptions expected as snowfall continues. Four additional flights scheduled to arrive at the airport are also unlikely to operate. Passengers have been advised to stay in contact with their airlines for updates and alternative arrangements. The cancellations have left hundreds of tourists stranded, many of whom were set to return home after enjoying the weekend and Republic Day holiday in the region. The situation highlights the impact of severe weather on travel plans in the Valley.
Published: Jan 27 2026, 10 ameznews.inA significant cold tongue from a western disturbance is currently affecting Afghanistan and Pakistan, with its influence extending into Peninsular India, as reported by the India Meteorological Department (IMD). This weather pattern coincides with severe Arctic blasts impacting 20 states in the US, disrupting daily life. The western disturbances, linked to the jet stream, are responsible for bringing moisture and cold air, resulting in rain, hail, and thunderstorms across North-West and Central India. The IMD has forecasted heavy rainfall in Himachal Pradesh, Jammu-Kashmir, and Uttarakhand, along with thunderstorms and gusty winds in several northern states. Cold wave conditions are expected in Haryana, Chandigarh, Delhi, and Punjab, while dense fog may blanket parts of North-West and East India. The interplay of moisture and cold air from these disturbances continues to shape the winter weather across the region.
Published: Jan 27 2026, 10 ameznews.inIndia's government has announced it will cease setting annual targets for clean energy tenders, following a significant shortfall in last year's goals and a backlog of projects lacking buyers. Currently, developers hold rights to approximately 43 gigawatts of renewable energy capacity without secured customers, as state utilities delay purchases, anticipating price drops and facing transmission infrastructure uncertainties. Santosh Kumar Sarangi, a senior official in the Ministry of New and Renewable Energy, indicated that less than half of the unsold capacity might be cancelled, and new tenders will be issued based on demand assessments from state utilities. Despite the slowdown, India aims to achieve its target of 500 gigawatts of non-fossil fuel power capacity by 2030, having added 38 gigawatts in 2025. The government is also considering restructuring renewable energy implementation agencies, potentially consolidating roles under the Solar Energy Corporation of India.
Published: Jan 27 2026, 9 ameznews.inHamdard Laboratories, a prominent Unani and pharmaceutical company in India, is investing in sustainable farming to cultivate its own herbs and medicinal plants. Chairman Abdul Majeed announced that the firm has established a modern extraction plant in Ghaziabad, producing 95% of its extracts in-house to ensure quality control, particularly of alkaloids. Currently, Hamdard is growing around 50 herbs across 200 acres in regions including Delhi and Haryana, with plans to expand into southern India, where it aims to source high-quality ginger and pepper. The company is transitioning to organic farming practices, utilizing natural fertilizers and avoiding pesticides, while also pursuing ISO certification. Despite challenges in exporting products due to regulatory hurdles, Hamdard continues to supply its offerings to over 25 countries, primarily to the diaspora. The firm aims to increase its revenue from ₹300 crore to ₹470 crore in the current fiscal year.
Published: Jan 27 2026, 9 am
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