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Food prices in India are expected to normalise, with food inflation turning positive as the statistical base effect diminishes, according to economists. October's Consumer Price Index (CPI) recorded a headline inflation rate of just 0.25%, the lowest in years, primarily due to GST rate cuts and deflation in food products. Despite this, experts do not anticipate a shift towards headline deflation, although inflation is projected to remain below the Reserve Bank of India's target range of 2-6% for several quarters. Economists warn that while lower inflation can enhance consumer cash flow and sentiment, it may also pressure corporate margins if costs rise without a corresponding increase in output prices. Additionally, persistently low nominal GDP growth could hinder tax collections for the government, which is already trailing its fiscal targets. The impact of unseasonal rains and increased import duties on certain pulses may further complicate the food inflation landscape. 
Published: Nov 13 2025, 7 pmeznews.inThe Indian government has released a draft Seeds Bill aimed at reforming the seed industry, inviting public feedback until December 11. This legislation seeks to replace the outdated Seeds Act of 1966 and the Seeds (Control) Order of 1983, introducing measures to ensure the availability of high-quality seeds while penalising the sale of spurious varieties with fines ranging from ₹50,000 to ₹30 lakh. The Bill proposes to decriminalise minor offences to ease business operations, while maintaining strict penalties for serious violations. It defines various offences, including trivial and minor infractions, and outlines a structured penalty system. The draft also retains the Central Seed Committee's role in the registration process, with plans for a new Registration Sub-Committee to evaluate seed variety applications. Experts have described the Bill as growth-oriented, aiming to protect farmers and promote innovation in the seed sector.
Published: Nov 13 2025, 8 pmeznews.inIndia and Canada have taken significant steps to strengthen their economic partnership during the 7th India-Canada Ministerial Dialogue on Trade and Investment held in New Delhi. Union Minister Piyush Goyal and Canadian Minister of International Trade Maninder Sidhu co-chaired the discussions, which aimed to enhance bilateral trade and investment, particularly in nutrition, health, and supply chain resilience. This dialogue marks a thaw in relations following a two-year diplomatic standoff triggered by accusations against Indian officials regarding the killing of a Sikh separatist leader in Canada. The ministers reviewed recent trade policies and expressed interest in resuming suspended free trade agreement talks. With bilateral trade reaching $18.38 billion in 2023, both sides emphasized the importance of fostering a transparent business environment and exploring new opportunities in sectors like energy, clean technology, and agriculture to ensure mutual prosperity.
Published: Nov 13 2025, 9 pmeznews.inRallis India, a Tata enterprise in the agri-inputs sector, has announced a partnership with Paryan Alliance Pvt Ltd to introduce FullPage, a next-generation rice technology aimed at enhancing productivity and improving weed control for Indian farmers. Set to begin limited commercial sales in the Kharif season of 2026, FullPage integrates advanced herbicide-tolerant seeds with compatible crop protection solutions and tailored agronomic practices. This innovative system supports direct-seeded rice cultivation, which is expected to reduce water usage, lower methane emissions, and improve resource efficiency compared to traditional transplanting methods. With rice being India's largest cultivated crop, covering over 44 million hectares, the FullPage technology seeks to address challenges such as water scarcity, rising labor costs, and weed management. Rallis plans to conduct pilot demonstrations across key agronomic states to gather data on agronomic performance before scaling up access for farmers.
Published: Nov 13 2025, 9 pmeznews.inTVS Supply Chain Solutions Ltd, based in Chennai, has reported a significant 54% increase in net profit, reaching ₹16 crore for the second quarter ending September 30, 2025, compared to ₹11 crore in the same period last year. This growth is attributed to strong operational execution, cost efficiencies, and sustained momentum across key business verticals. Consolidated revenue for Q2 FY26 rose by 6% year-on-year to ₹2,663 crore. Managing Director Ravi Viswanathan highlighted a robust growth trajectory, with the business pipeline expanding to over ₹6,200 crore and securing ₹204 crore in new business this quarter. Global CFO R Vaidhyanathan noted the company achieved its second consecutive quarter of profit after tax, despite challenges in the GFS segment, and emphasized improved cash flow generation, with operations generating ₹105 crore in H1 FY26. The company's shares closed at ₹125.61, up by ₹0.37 on the NSE.
Published: Nov 13 2025, 8 pmeznews.inExporters in India are urging the government to swiftly implement the ₹25,000 crore Export Promotion Mission (EPM), recently approved by the Union Cabinet, to counteract the adverse effects of US tariffs. They seek immediate guidelines to facilitate timely benefits through digitisation, as previous delays in reimbursements have hindered growth. Experts express concern that the EPM's annual allocation of ₹4,200 crore may be inadequate, particularly given last year's interest equalisation scheme costs exceeding ₹3,500 crore. Industry leaders, including Sanjay Jain and Ajay Sahai, emphasize the need for clear policy announcements and automated processes to ensure effective implementation. The EPM aims to provide affordable trade finance for MSMEs, but details remain scarce, leaving exporters anxious for clarity on key schemes. With hopes for a US trade deal coinciding with the EPM's launch, stakeholders are optimistic yet cautious about the mission's potential impact on sectors like textiles and leather.
Published: Nov 13 2025, 8 pmeznews.inRavi Viswanathan, Managing Director of TVS Supply Chain Solutions, announced that the company's strategic initiative, Project One, is set to generate annual savings of ₹100-120 crore through a unified leadership and business model in its UK and Europe operations. Implemented in the second quarter of the fiscal year, the project incurred restructuring costs of ₹91 crore, which included site closures, redundancy expenses, and brand rationalisation. Despite challenges in the Global Forwarding Solutions (GFS) segment, the company reported strong growth in its Integrated Supply Chain Solutions (ISCS) segment, with expectations for improved performance in the upcoming quarters. Viswanathan highlighted recent successes, including a deal with a European retailer that began contributing to revenue in Q2. However, he expressed cautious optimism regarding the GFS outlook, citing uncertainties related to tariffs and geopolitical tensions in the region.
Published: Nov 13 2025, 8 pmeznews.inAir India is grappling with the aftermath of a fatal crash earlier this year and is seeking at least ₹10,000 crore ($1.1 billion) in financial assistance from its owners, Tata Sons Pvt and Singapore Airlines (SIA). The challenges at Air India have significantly impacted SIA, which reported an 82% drop in net income to S$52 million ($40 million) for the second quarter, despite a 2.2% rise in revenue to S$4.9 billion. SIA's share of results from associated companies, including Air India, fell by S$417 million year-on-year. In response, SIA plans to distribute a special dividend of 10 Singaporean cents per share over three years, alongside an interim dividend of 5 cents. Despite ongoing geopolitical and economic challenges, SIA remains optimistic, reporting a record 10.5 million passengers flown and strong demand, particularly for its discount unit, Scoot, which has maintained high load factors.
Published: Nov 13 2025, 7 pmeznews.inAt the golden jubilee celebrations of the New Mangalore Port Authority (NMPA) in Mangaluru, Union Minister Sarbananda Sonowal announced that the port is projected to handle 100 million tonnes of cargo by 2047, a significant increase from the 46.7 million tonnes processed in 2024-25. Established in 1975, the port's growth reflects India's expanding maritime sector, with Prime Minister Narendra Modi aiming for Indian ports to manage 10,000 million tonnes of cargo by 2047. Pralhad Joshi, another Union Minister, emphasized India's rise as the world's fourth-largest economy and the need to enhance manufacturing and exports. Capt Brijesh Chowta, MP from Dakshina Kannada, advocated for a maritime university in Mangaluru and highlighted infrastructure improvements to boost port connectivity. NMPA Chairman AV Ramana reported a profit after tax of ₹450 crore for 2024-25, with expectations of ₹550 crore in 2025-26, while also noting the port's commitment to sustainability through solar energy and advanced technology.
Published: Nov 13 2025, 7 pmeznews.inThe World Spice Organisation (WSO) has urged the Indian government to incorporate spices into its newly launched export scheme, aimed at supporting sectors affected by US tariffs. With the spice sector contributing approximately ₹39,000 crore last year, WSO Chairman Ramkumar Menon highlighted that exports to the US, which account for 16% of total spice exports, have been severely impacted. He emphasized the need for government assistance to explore opportunities in Southeast Asia, Africa, and Eastern Europe, where the seasoning market is valued at $14.2 billion but is largely dominated by the US and China. Menon noted that while tariffs have created short-term challenges, the domestic spice market, worth ₹1-1.2 lakh crore, remains robust enough to absorb excess inventories. He also pointed out that value-added products, which represent a significant portion of exports, have shown resilience despite the tariffs.
Published: Nov 13 2025, 7 pm
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