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A surprising headline growth figure of 8.2% for the second quarter of FY26, reported by the Statistics Ministry, has sparked debate among economists regarding the Reserve Bank of India's (RBI) upcoming interest rate policy. This growth, significantly above the RBI's 7% projection and various agencies' expectations, coincides with a record low retail inflation rate of 0.25% in October. The Monetary Policy Committee (MPC) is set to meet from December 3-5, having previously paused rate cuts after three consecutive reductions. While some economists advocate for a rate cut, citing low inflation and moderating growth, others caution that the high growth may not warrant such action. Barclays anticipates a dovish tone from the MPC, while analysts from CareEdge and Kotak Mahindra Bank predict a potential 25 basis point cut. The MPC faces a complex decision, balancing strong growth against the backdrop of low inflation as it prepares for its December review. 
Published: Nov 30 2025, 4 pmeznews.inA recent study by CUTS International has called for the rationalisation of import duties on aluminium, arguing that reducing barriers could significantly benefit India's manufacturing sector. Despite projections indicating a rise in domestic aluminium demand from 5.3 million tonnes to 8.3 million tonnes by 2030, escalating input costs threaten the country's manufacturing ambitions. The current duty structure is seen as a hindrance to micro, small, and medium enterprises (MSMEs), which are vital to India's manufacturing ecosystem and the vision of Viksit Bharat 2047. The study highlights that high domestic aluminium prices disadvantage Indian manufacturers, particularly in fast-growing sectors like construction, renewable energy, and electric vehicles. By lowering input costs, the study suggests that India's 3,500 aluminium MSMEs could enhance their competitiveness, create jobs, and capture higher-value export markets, thereby driving economic growth across various industrial regions.
Published: Nov 30 2025, 4 pmeznews.inIndian refiners are adapting their export strategies in response to new European Union sanctions targeting refined products derived from Russian crude oil, which will take effect on January 21, 2026. As a result, diesel exports to Sudan have resumed after a year-long hiatus, marking a significant shift in trade routes. The EU's sanctions package, described as one of the most comprehensive efforts to curb Russia's hydrocarbon revenues, directly impacts countries like India and Turkey, which have supplied a substantial portion of Europe’s diesel demand. Notably, Nayara Energy has redirected its clean petroleum product exports towards Latin America, the Bahamas, and Turkey, moving away from traditional markets. Data from Kpler indicates that Indian diesel exports to Africa have increased, averaging 211,079 barrels per day from January to September 2025, compared to 170,780 barrels per day during the same period last year.
Published: Nov 30 2025, 4 pmeznews.inThe Airports Economic Regulatory Authority of India (AERA) is embroiled in a significant legal dispute regarding the calculation of the Hypothetical Regulatory Asset Base (HRAB) for Delhi and Mumbai airports, which could lead to drastic increases in user development fees (UDF) for domestic passengers. Industry assessments suggest that UDF at Delhi airport may surge from ₹129 to ₹1,261—an increase of nearly 900%—while at Mumbai airport, it could rise from ₹175 to ₹3,856, exceeding 2,100%. The Ministry of Civil Aviation (MoCA) has backed AERA's position as the case progresses to the Supreme Court, following a Telecom Disputes Settlement and Appellate Tribunal (TDSAT) ruling that invalidated AERA's HRAB calculation method. This ruling could impose a financial burden exceeding ₹50,000 crore on airport charges. The Supreme Court is set to hear the case on December 3, 2025, amid concerns over potential tariff shocks for air travelers.
Published: Nov 30 2025, 3 pmeznews.inIndia requires approximately $1 trillion in green investments over the next 10-15 years, accumulating to nearly $10 trillion by 2070, to meet its net zero emissions target, according to the Confederation of Indian Industries (CII). In a pre-budget submission, CII Director General Chandrajit Banerjee emphasized the need for a comprehensive approach to decarbonisation, advocating for the establishment of a dedicated Green Finance Institution (GFI) to mobilize low-cost capital for renewable energy, clean mobility, and industrial decarbonisation. The GFI could be based in GIFT City to attract foreign investment and provide concessional loans and credit guarantees. Additionally, CII proposed a 'Green Tech Expo Fund' to promote Indian green technology on the global stage. The chamber also called for stricter recycling targets for lithium batteries and electronics, alongside fiscal incentives to enhance domestic refining capacity, highlighting the importance of a holistic green transition for economic resilience and investment opportunities.
Published: Nov 30 2025, 12 pmeznews.inIn Jammu and Kashmir, over 10.07 lakh beneficiaries received credit assistance amounting to ₹43,017 crore during the first half of the financial year 2025-26, according to an official report presented at the 17th meeting of the UT-Level Bankers' Committee (UTLBC). Chaired by Chief Secretary Atal Dulloo, the meeting reviewed the banking sector's performance amid challenges such as the Pahalgam terror attack and regional floods. Dulloo emphasized the importance of agriculture as a key area for economic upliftment and urged banks to facilitate hassle-free loans under various government schemes aimed at promoting self-employment among youth. He also called for improved credit distribution to Self-Help Groups and stressed the need for banks to enhance their outreach in unbanked areas. Additionally, he highlighted the importance of enrolling beneficiaries in social security schemes and ensuring timely claims settlement.
Published: Nov 30 2025, 1 pmeznews.inAirlines in India, including IndiGo and Air India, are set to experience operational disruptions following a technical advisory issued by Airbus regarding the global A320 fleet. The advisory, prompted by concerns over intense solar radiation potentially corrupting critical flight control data, has led the Directorate General of Civil Aviation (DGCA) to mandate software upgrades for affected aircraft. As of Sunday, Indian carriers have completed upgrades on 323 of the 338 identified A320 family planes, with IndiGo successfully updating all 200 of its operational aircraft. Air India has upgraded 100 of its 113 affected planes, while Air India Express has completed upgrades on 23 aircraft. The DGCA's directive follows similar alerts from Airbus and the European Aviation Safety Agency (EASA), which emphasized the need for immediate action to ensure flight safety.
Published: Nov 30 2025, 1 pmeznews.inChitturi Jagapati Rao, the 92-year-old founder of Srinivasa Hatcheries and a key figure in the poultry industry, has passed away, leaving behind a legacy of innovation and organisation in egg production. Born in 1933 in Andhra Pradesh, Rao established Srinivasa Farms in 1965 and played a pivotal role in founding the National Egg Co-ordination Committee (NECC), which standardised pricing and boosted egg consumption nationwide. Despite starting with limited resources and experience, he transformed his small poultry operation in Hyderabad into a modern enterprise. Rao also initiated an 'Egg Bank' to assist farmers in marketing their produce and collaborated with B V Rao to establish Agrocorpex in 1983, facilitating direct egg sales from farmers. Additionally, he co-founded the Poultry Development and Promotion Council (PDPC) to help farmers manage diseases and improve practices, significantly advancing the poultry sector in India.
Published: Nov 30 2025, 11 ameznews.inIndia's export-driven sectors, particularly aluminium, iron, and steel, are increasingly vulnerable to climate-related risks that threaten their profitability and long-term sustainability, according to a report by global consulting firm BCG. The 'Climate Risk Index 2026' highlights India as one of the top ten countries most affected by extreme weather, with potential GDP erosion of 4.5% by 2030 due to climate-induced events. BCG's estimates suggest that direct climate risks could jeopardize 5% to 25% of global businesses' EBITDA by 2050. The EU's carbon border adjustment mechanism (CBAM) could impact approximately $7.7 billion, or 10-11%, of India's exports to the EU. While many Indian companies are beginning to recognize the climate challenge, with one-third prioritizing climate strategy, a significant portion still lacks adequate risk assessments. The failure of micro, small, and medium enterprises (MSMEs) to adapt to climate risks could disrupt supply chains, affecting large corporates that rely heavily on them.
Published: Nov 30 2025, 12 pmeznews.inBritish Airways is poised to expand its services in India, recognizing the "incredible potential" of the country's aviation market, according to Chief Operating Officer Rene de Groot. With over a century of operations in India, the airline currently offers 56 weekly flights to London, including three daily from Mumbai and plans to introduce a third daily flight from Delhi next year, pending regulatory approval. India is British Airways' second-largest market after the US, and the airline employs local staff to enhance customer service. The airline's call centre, CallBA, located in Gurugram, employs around 2,000 staff to support customers globally. British Airways also collaborates with IndiGo and Qatar Airways, operating 148 weekly flights to 13 Indian destinations. The airline's commitment to India is further demonstrated by its introduction of the Meet and Assist service for travelers needing extra support. The growing demand reflects India's emergence as a global aviation hub.
Published: Nov 30 2025, 1 pm
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