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Chennai is currently grappling with heavy rainfall, prompting Tamil Nadu Chief Minister MK Stalin to convene a meeting with officials to address the situation. The Regional Meteorological Centre has issued orange and yellow alerts for several coastal districts, including Chennai, Tiruvallur, Kanchipuram, and Chengalpattu, as weather systems from the Bay of Bengal and Arabian Sea continue to bring moisture to the region. In response to the severe weather, all schools in Chennai and several other districts, including Cuddalore and Villupuram, have been closed. Additionally, intense sea turbulence has been reported at Marina Beach, with authorities advising fishermen and coastal residents to remain vigilant. Tamil Nadu Deputy Chief Minister Udhayanidhi Stalin has conducted inspections of flood-prevention measures, particularly around Narayanapuram Lake, which is overflowing, and has called for urgent actions to mitigate flooding risks in South Chennai. 
Published: Oct 22 2025, 8 ameznews.inDuring a Diwali celebration at the White House, U.S. President Donald Trump expressed gratitude to Indian Prime Minister Narendra Modi for his warm Diwali greetings during a recent phone call. The conversation primarily revolved around trade, with Trump highlighting ongoing negotiations for "great deals" between the two nations. He reiterated Modi's commitment to reducing India's crude oil purchases from Russia, a point that has drawn scrutiny from Indian officials and opposition leaders. Modi thanked Trump on social media, emphasizing the importance of the two democracies standing united against terrorism. Meanwhile, Congress leader Jairam Ramesh criticized Trump for repeatedly disclosing India's oil policy, suggesting that Modi's administration was not as forthcoming. The backdrop of these discussions includes recent U.S. tariffs on Indian goods, which India aims to reduce in ongoing trade talks.
Published: Oct 22 2025, 11 ameznews.inSugar mills in western Maharashtra are facing challenges as the crushing season begins early in neighboring Karnataka, where the government has permitted mills to start operations ahead of schedule. This has led to a significant influx of sugarcane from Maharashtra's border districts, including Kolhapur and Sangli, into Karnataka's factories, raising concerns among local millers. Farmers are opting to send their harvest to Karnataka to maximize returns and prevent losses due to delayed harvesting, as emphasized by Karnataka Sugar Minister Shivanand Patil. In contrast, Maharashtra has set November 1 as the official start date for crushing, with the Sugar Directorate warning of strict penalties for early operations. Despite calls from millers for an earlier start, the directive remains unchanged. Meanwhile, farmer leader Raju Shetti has advised patience, suggesting that a future shortage could lead to better prices, while also advocating for higher payments to offset rising costs.
Published: Oct 22 2025, 11 ameznews.inHeavy rainfall is expected in Tamil Nadu as a well-marked low-pressure area over the southeast Arabian Sea interacts with a depression in the Bay of Bengal, according to the India Meteorological Department (IMD). The depression, located approximately 630 km west-southwest of Aminidivi and 1,020 km southwest of Panjim, is projected to move slowly north-northwestward. Global models suggest that the system may remain over warm waters, potentially leading to further intensification. However, the US Joint Typhoon Warning Centre notes that the system is poorly organized, facing challenges from moderate to high easterly wind shear. While the proximity to the Tamil Nadu and Sri Lanka coasts may slow its development, the IMD indicates a possibility of intensification into a depression over the southwest Bay, with impacts expected across north Tamil Nadu, Puducherry, and southern Andhra Pradesh by Thursday morning.
Published: Oct 22 2025, 10 ameznews.inChennai is currently grappling with heavy rainfall, prompting Tamil Nadu Chief Minister MK Stalin to convene a meeting with officials to address the situation. The Regional Meteorological Centre (RMC) has issued orange and yellow alerts for several coastal districts, including Chennai, Tiruvallur, Kanchipuram, and Chengalpattu, as weather systems from the Bay of Bengal and Arabian Sea continue to bring moisture to the region. Deputy Chief Minister Udhayanidhi Stalin has been actively inspecting flood-prevention measures across the city, particularly at Narayanapuram Lake, which is overflowing. He emphasized the need for urgent and permanent solutions to mitigate flooding risks in South Chennai. Additionally, red alerts have been declared in eight districts as authorities prepare for potential impacts on crops and infrastructure due to the ongoing downpours. The situation remains dynamic, with further updates expected as the weather develops.
Published: Oct 22 2025, 8 ameznews.inThe consumer durables sector has experienced a vibrant festival season, particularly during the Dhanteras-Diwali weekend, driven by premiumisation trends. The automotive industry reported significant sales growth, with Tata Motors achieving over 100,000 vehicle deliveries—a 33% increase year-on-year—led by strong demand for SUVs like the Nexon and Punch. Hyundai Motor India also noted a record start to the season, with over 11,000 dealer billings on the first day of Navratri and a 30% rise in retail sales. In the consumer durables market, companies like Haier reported over 50% growth, particularly in premium products such as large-screen TVs and washing machines, aided by GST rate cuts. Overall, Diwali sales reached a historic ₹6.05 lakh crore, marking a significant increase from last year's figures, with traditional markets and non-corporate retailers seeing a notable surge in demand.
Published: Oct 21 2025, 10 pmeznews.inThe Indian government is set to introduce amendments to the Companies Act 2013 during the upcoming winter session of Parliament, aimed at fostering a competitive environment for domestic firms against the dominant big four audit and advisory firms. Key amendments are proposed for sections 141 and 144, which address auditor qualifications and prohibited services, respectively, to better align regulatory norms with the evolving audit landscape. Consultations are ongoing among top officials to promote Indian Multi-Disciplinary Partnership (MDP) firms, with the Corporate Affairs Ministry seeking input on six critical issues, including marketing restrictions and fragmented licensing. Despite India's robust talent pool, domestic firms struggle in the global consulting market, valued at approximately $240 billion, due to structural barriers. The Institute of Chartered Accountants of India (ICAI) is working to align local regulations with international standards, highlighting the challenges faced by Indian firms in gaining global visibility and capital investment.
Published: Oct 21 2025, 8 pmeznews.inChina has suspended the export of key fertilizers, including Technical Monoammonium Phosphate (TAMP) and urea-solution products like AdBlue, effective October 15. This suspension, which may last for 5-6 months, is expected to drive fertilizer prices up by 10-15% due to tight global supplies, particularly impacting India, which relies on China for 95% of its specialty fertilizer imports, totaling 250,000 tonnes annually. While there is no immediate shortage for the ongoing rabi season, as supplies have been secured through global channels, prices are anticipated to rise. Indian traders are exploring alternative sources from countries like South Africa and Chile to mitigate the impact of the ban. The situation echoes previous restrictions imposed by China, which had previously affected India's fertilizer supply during the kharif season. Analysts note that India's inability to produce these specialty fertilizers domestically exacerbates the challenge.
Published: Oct 21 2025, 8 pmeznews.inIndia's pulses import value has plummeted by over 50% in the first half of the current financial year, dropping to $1.03 billion from $2.18 billion last year, according to the Commerce Ministry. This decline is attributed to falling global prices and reduced import volumes, with total imports during April-July 2025 at 9.97 lakh tonnes, down from 18.02 lakh tonnes in the same period last year. While tur imports saw a slight increase, other varieties, including yellow peas and lentils, experienced significant declines. The government has launched a mission with a budget of ₹11,440 crore to boost domestic pulses production to 350 lakh tonnes by 2030-31, aiming for self-sufficiency. However, adverse weather conditions have affected output in key states, despite a marginal increase in acreage. The Commission for Agricultural Costs and Prices has recommended curbing imports to protect domestic farmers.
Published: Oct 21 2025, 8 pmeznews.inThe Indian government's Commerce and Industry Ministry reported a core sector growth rate of 3 per cent in September 2025, a decline from 6.5 per cent in August. This growth is based on the performance of eight key infrastructure sectors, which account for over 40 per cent of the Index of Industrial Production (IIP). Notably, the output of coal, crude oil, refinery products, and natural gas fell, contributing to the lowest growth in three months. While the production of fertilizers and cement slowed to 1.6 per cent and 5.3 per cent, respectively, steel and electricity saw significant increases of 14.1 per cent and 2.1 per cent year-on-year. For the first half of the fiscal year, these sectors expanded by 2.9 per cent, down from 4.3 per cent during the same period last year. The output growth of core sectors was recorded at 2.4 per cent in September 2024.
Published: Oct 21 2025, 7 pm
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