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The Indian government's recently approved ₹25,060 crore Export Promotion Mission aims to enhance the country's export competitiveness, particularly for micro, small, and medium enterprises (MSMEs), first-time exporters, and labour-intensive sectors. However, the Global Trade Research Initiative (GTRI) has cautioned that the mission's success hinges on the prompt issuance of detailed guidelines, sufficient funding, and effective coordination mechanisms. With an annual budget of less than ₹4,200 crore over six years, GTRI highlighted that last year's Interest Equalisation Scheme alone consumed over ₹3,500 crore, leaving limited resources for essential activities like branding and logistics. Additionally, with eight months of the 2025-26 fiscal year already elapsed and previous support programs failing to disburse funds, exporters are facing challenges in a tough global market. GTRI founder Ajay Srivastava emphasized the need for a comprehensive online system and detailed operational frameworks to ensure timely benefits for exporters. 
Published: Nov 13 2025, 11 ameznews.inDelhi's Indira Gandhi International (IGI) Airport is poised to expand its network to 159 destinations by 2026, as part of its ambition to become India's global aviation hub. CEO Videh Kumar Jaipuriar announced the addition of seven new international routes, including Manila, Krabi, and Tokyo Narita, alongside three domestic routes. This expansion, supported by both Indian and international carriers, aims to increase the airport's transfer passenger share from 29% to over 30% by FY26. Jaipuriar highlighted ongoing enhancements, such as the transformation of Terminal 3 for international operations and a new airside baggage transfer system to streamline passenger experience. With a 45% year-on-year surge in passenger traffic and a current capacity of 105 million, IGI Airport is preparing for further growth, including plans for a Special Economic Zone to bolster its cargo operations. The airport's next master plan is nearing finalization, anticipating continued annual growth of 8-9% in air traffic.
Published: Nov 13 2025, 12 pmeznews.inVanilla prices have plummeted due to a global supply glut, now ranging from $60 to $70 per kilogram, a stark contrast to the peak of $600 between 2016 and 2021. In India, prices have dropped to ₹600-700 per kg from a record ₹5,000 during the same period. Joseph Sebastian, managing director of EcoSpice, attributed the decline to record-high supply from Madagascar, the world's largest vanilla producer, exacerbated by political turmoil disrupting exports. Despite supply chain issues, global demand remains insufficient to absorb the excess, leading to a buyer-driven market. Farmers, initially drawn to vanilla farming by high prices, now face challenges as oversupply and low demand persist. Indonesia continues to accumulate inventory, while Uganda's farmers are shifting to more profitable crops like coffee and cocoa due to weak prices. Overall, the market outlook remains bearish, with a significant imbalance between production and demand affecting stakeholders.
Published: Nov 13 2025, 12 pmeznews.inIndia's palm oil imports have plummeted to their lowest level in five years during the 2024/25 marketing year, with a 15.9% decline to 7.58 million metric tons, according to the Solvent Extractors' Association of India (SEA). This drop is attributed to a widening price premium that has made palm oil less appealing compared to soyoil, which saw imports surge by 59% to a record 5.47 million tons. Meanwhile, sunflower oil purchases fell by 16.3% to 2.9 million tons. As a result, palm oil's share of India's total vegetable oil imports has dropped to a record low of 47%, while soyoil and sunflower oil now account for 53%. India's total vegetable oil imports rose slightly to 16.36 million tons, with a record expenditure of 1.61 trillion rupees. In October alone, palm oil imports fell 27.7% month-on-month, reflecting a broader trend of reduced edible oil imports as refiners adjusted after festive season purchases.
Published: Nov 13 2025, 12 pmeznews.inIndia's stock market showed positive momentum on November 13, 2025, with the SENSEX rising by 363.26 points to close at 84,829.77, while the NIFTY gained 104.30 points, reaching 25,980.10. In commodities, gold prices increased by 485.00 to settle at 126,950.00, and silver surged by 2,722.00 to 164,813.00. Conversely, crude oil prices dipped by 7.00, standing at 5,191.00. Moody's Ratings has projected India's economy will grow at 6.5% through 2027, attributing this growth to ongoing infrastructure investments and strong consumer spending. However, the agency noted a prevailing hesitance among businesses regarding capital expenditures, which could temper future growth prospects. The report underscores the resilience of the Indian economy amid cautious private sector sentiment.
Published: Nov 13 2025, 12 pmeznews.inIn a significant move reflecting its confidence in India's growth potential, global logistics operator DHL Group has announced plans to invest approximately €1 billion in the country by 2030. This investment is part of DHL's Strategy 2030-Accelerated Sustainable Growth plan and aims to enhance logistics solutions across various sectors, including life sciences, healthcare, new energy, e-commerce, and digitalisation. DHL Group CEO Tobias Meyer emphasized the importance of India's diversification strategy and business-friendly policies, which he believes provide a robust foundation for long-term investments. Despite challenges in global trade, Meyer expressed optimism about India's dynamic market, highlighting the company's commitment to expanding reliable and sustainable logistics services for its customers in the region. The announcement was made during a press conference in Mumbai on November 13, 2025.
Published: Nov 13 2025, 12 pmeznews.inThe Production Linked Incentive (PLI) Scheme for White Goods has attracted ₹10,335 crore in committed investments from 80 approved beneficiaries, with anticipated production valued at ₹1.72 lakh crore and the potential to create approximately 60,000 direct jobs, according to the Department for Promotion of Industry and Internal Trade (DPIIT). In its fourth application round, which ran from September 15 to November 10, 2025, the scheme received 13 new applications totaling ₹1,914 crore in investment commitments. Among these, nine applicants are focused on manufacturing air conditioner components, while four are targeting LED component production. The initiative, launched on April 7, 2021, aims to develop a comprehensive ecosystem for air conditioners and LED lights in India, increasing domestic value addition from 15-20% to 75-80%, thereby positioning India as a significant global manufacturing hub.
Published: Nov 13 2025, 11 ameznews.inIndia's textile and apparel sector, including handicrafts, has shown notable resilience in the first half of FY 2025-26, with exports growing by 0.1% year-on-year despite global challenges. Key markets contributing to this growth include the UAE (14.5%), Japan (19.0%), and France (9.2%), among others. Overall, 111 markets generated $8.49 billion in exports from April to September 2025, marking a 10% increase from $7.72 billion in the same period last year. The growth was primarily driven by Ready-Made Garments, which saw a 3.42% rise, and jute products, which grew by 5.56%. This performance underscores the sector's adaptability amid global uncertainties and aligns with the Indian government's focus on export diversification and market integration through initiatives like "Make in India" and "Aatmanirbhar Bharat."
Published: Nov 13 2025, 10 ameznews.inForecasts from the India Meteorological Department (IMD) indicate that rain activity is expected to intensify along the South Tamil Nadu coast, extending to Kaveripattinam, as a stronger weather system approaches. Widespread rainfall is anticipated across Tamil Nadu, Kerala, the Andaman and Nicobar Islands, and Lakshadweep, while isolated showers are likely in Coastal Andhra Pradesh and Karnataka. A circulation south-east of Sri Lanka is expected to gain momentum, potentially leading to storm activity in the Bay of Bengal, which has been relatively quiet since Cyclone Montha. The US Climate Prediction Centre has estimated a 20-40% chance of a significant storm developing off the Tamil Nadu coast next week, influenced by upstream conditions in the South China Sea. Additionally, the IMD's models suggest a low-pressure area may form over the Andaman Sea, potentially evolving into a cyclone by November 24.
Published: Nov 13 2025, 10 ameznews.inThe online grocery market in India is experiencing rapid growth, driven by quick delivery services, a wide variety of products, and convenient digital experiences, according to a PwC report. Despite this expansion, many consumers still prefer purchasing fresh produce and non-vegetarian items offline, citing concerns over quality and a desire to support local businesses. The report highlights that 66% of shoppers from rural areas have turned to online platforms after engaging with social media content, underscoring the influence of digital marketing. Two distinct purchasing patterns have emerged: monthly bulk buys and small emergency purchases. Flipkart leads as the preferred grocery marketplace, followed by Amazon, with BigBasket, JioMart, and Swiggy Instamart also noted for their quick delivery. While snacks and daily essentials thrive online, the preference for fresh items remains firmly rooted in traditional shopping methods.
Published: Nov 13 2025, 9 am
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