eznews.inHeritage Foods has reported a decline in net profit for the quarter ending December 31, 2025, with earnings falling to ₹34.50 crore from ₹43 crore in the same period last year. However, the company achieved a revenue increase to ₹1,126.91 crore, up from ₹1,042 crore year-on-year, marking its third consecutive quarter of revenues exceeding ₹1,100 crore. The firm attributed this resilient growth to effective execution and disciplined cost management, despite facing significant industry challenges, including adverse weather and rising input costs. Procurement prices surged due to milk shortages, with the average raw milk cost rising 9% to ₹45.55 per litre, while the average selling price increased by 4.9% to ₹57.31 per litre. Executive Director Brahmani Nara noted that the commissioning of new ice cream and flavoured milk capacities in the fourth quarter would enhance the company’s ability to meet growing demand for value-added products. 
Published: Jan 29 2026, 4 pmeznews.inThe Economic Survey for FY26 has highlighted the detrimental effects of cross-subsidisation in both railway and electricity sectors, noting that high freight rates distort competition with road transport, leading to inflated commodity and consumer prices, as well as increased logistics costs. The report, presented in Parliament, advocates for the rationalisation of freight rates to enhance revenue, encourage a shift from road to rail transport, and stimulate economic activity. Currently, freight earnings constitute about 68% of railway gross traffic receipts, primarily from coal, but this reliance has resulted in a ₹5,257 crore loss from passenger operations. The Survey also addresses the power sector's cross-subsidisation, where higher tariffs for industrial users subsidise lower rates for domestic consumers. The Electricity (Amendment) Bill, 2025, aims to rectify these inefficiencies by promoting cost-reflective tariffs and eliminating cross-subsidies within five years.
Published: Jan 29 2026, 4 pmeznews.inThe Economic Survey 2025-26 has highlighted significant challenges within India's Insolvency and Bankruptcy Code (IBC), noting that extended insolvency timelines can lead to asset deterioration and loss of stakeholder confidence. As of March 2025, the National Company Law Tribunal (NCLT) faces a backlog of nearly 30,600 cases, with an estimated clearance time of almost a decade, far exceeding the mandated 330-day resolution period. The Survey identified institutional constraints at both the court and Resolution Professionals (RPs) levels, with only 30 NCLT benches managing cases and less than half of the 4,527 registered RPs actively authorized. Despite the introduction of the Pre-Packaged Insolvency Resolution Process (PPIRP) in 2021, its uptake has been minimal due to procedural complexities and a lack of awareness. The IBC Amendment Bill 2025 aims to address these issues through procedural reforms and a framework for cross-border insolvency, emphasizing the need for capacity scaling alongside legal improvements.
Published: Jan 29 2026, 4 pmeznews.inThe Economic Survey for FY26 highlights a notable shift in household savings towards market-linked instruments, particularly equities, driven by structural changes in the financial system and evolving risk preferences. Retail participation in capital markets surged, with over 2.35 crore new demat accounts added in the first nine months of the fiscal year, bringing the total to over 21.6 crore. The report attributes this growth to stable macroeconomic fundamentals, promising corporate earnings, and technological advancements that simplify investor onboarding. While net additions to the investor base have moderated, domestic investors have shown resilience, with cumulative inflows into equity markets significantly surpassing those from foreign investors over the past five years. The share of individual investors in equities rose to 18.8% by September 2025, reflecting a tenfold increase in individual equity holdings since FY14. However, retail engagement in corporate bonds remains limited, indicating a potential area for future growth in India's financial landscape.
Published: Jan 29 2026, 3 pmeznews.inThe Economic Survey for FY26 highlights significant challenges in the integration of renewable energy sources, particularly solar and wind, due to their material and capital-intensive energy storage requirements. Kerala is taking proactive steps to address these issues by mandating battery storage for new solar installations, with specific requirements based on system size, aimed at mitigating the intermittency of solar power. The Centre is also promoting battery energy storage systems (BESS) through policy interventions, including a gross metering mechanism that offers higher tariffs for customers with storage capabilities. Recognising the critical role of energy storage, the Central Electricity Authority estimates that India will need approximately 336 gigawatt-hours (GWh) of storage capacity by FY30. To facilitate this, the government has introduced funding schemes and incentives, including a ₹18,100 crore Production-Linked Incentive scheme to boost domestic manufacturing of advanced energy storage technologies.
Published: Jan 29 2026, 3 pmeznews.inPassenger traffic at Indian airports is set to surge from 412 million in the financial year 2024-25 to 665 million by 2030-31, according to the Economic Survey FY26 presented in Parliament. Despite this growth, India currently operates only 0.11 airports per million people, lagging behind major aviation markets like the US and China. The number of operational airports has risen from 74 in 2014 to 164 in 2025, bolstered by public and private investments. Key to this expansion is the Greenfield Airports Policy, which has approved 24 new airports, with 13 already operational. Modernisation efforts since 2019-20 have increased passenger-handling capacity to 575 million annually. Additionally, air cargo volumes have grown significantly, and regional connectivity initiatives have operationalised 657 routes. Future plans include adding 120 new destinations and enhancing technology adoption in the aviation sector.
Published: Jan 29 2026, 3 pmeznews.inIndia aims to enhance the role of inland waterways in freight transport, increasing its share from 2% to 5% by 2030, as outlined in the Economic Survey 2025-26 presented in Parliament. The government targets over 200 million tonnes of cargo movement via inland waterways as part of its logistics strategy, positioning this mode alongside road and rail transport for bulk cargo. The Survey highlights ongoing policy interventions and infrastructure investments to improve navigability and cargo-handling capacity on key waterways, including targeted dredging and the deployment of navigation aids. The number of operational national waterways has risen to 26, reflecting increased cargo volumes. Additionally, the Centre is enhancing multimodal integration by connecting inland terminals with road and rail networks and implementing digital systems for operational efficiency. Initiatives under the Maritime Amrit Kaal vision also aim to boost private sector participation and promote sustainable practices in the sector.
Published: Jan 29 2026, 3 pmeznews.inCochin Shipyard Ltd's CMD, Madhu S. Nair, inaugurated Comarsem 2026 in Kochi, marking a significant event for India's maritime sector. The Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal, addressed the seminar virtually, emphasizing the government's ambition to position India as the fifth-largest shipping nation by 2047. He highlighted the shipbuilding industry's potential for job creation and economic growth, while stressing the need for sustainable practices to protect the marine environment. Sonowal outlined recent initiatives, including the Shipbuilding Financial Assistance Policy and the Maritime Development Fund, aimed at fostering a robust maritime ecosystem. Themed “Maritime India — Innovations and Collaborations,” Comarsem 2026 convenes industry leaders, policymakers, and maritime professionals to discuss critical issues and opportunities in the sector, reinforcing the call for collective action to achieve India's maritime aspirations.
Published: Jan 29 2026, 3 pmeznews.inThe Economic Survey 2026 has reaffirmed the importance of Quality Control Orders (QCOs) in managing reputational risks associated with product quality, while advocating for a strategic overhaul to prevent undue burdens on micro, small, and medium enterprises (MSMEs). The proposed framework emphasizes pre-notification assessments, tailored transition periods, and enhanced national testing capabilities, alongside exemptions for specialized inputs when domestic production is insufficient. The survey cautioned that stringent transition timelines could disrupt production and inflate costs for MSMEs. It also referenced a recent Niti Aayog panel's recommendations to scrap or suspend several QCOs affecting key industrial inputs, highlighting the government's commitment to a balanced regulatory approach. The survey noted the success of QCOs in the toy sector, which has seen improved compliance and reduced substandard products, while underscoring the necessity of mandatory standards for consumer safety across various sectors. Enhanced surveillance and digitized certification processes are also recommended to support this regulatory framework.
Published: Jan 29 2026, 2 pmeznews.inIndia has enacted the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Act (SHANTI), which updates the country's nuclear legal framework, including the Atomic Energy Act of 1962 and the Civil Liability for Nuclear Damage Act of 2010. This landmark legislation allows private sector and state government participation in nuclear activities, such as plant operations and power generation, which were previously restricted. The SHANTI Act introduces a graded liability framework under the CLNDA while ensuring victim compensation remains intact. Currently, India has a nuclear capacity of 8,780 megawatts, with projections indicating a rise to 100 gigawatts by 2047. The government has allocated ₹20,000 crore in the FY26 budget to develop at least five indigenously designed small modular reactors by 2033, positioning nuclear energy as a reliable and clean alternative to other renewable sources, particularly for heavy industries and hydrogen production.
Published: Jan 29 2026, 2 pm
For the fastest, latest, not so wokest news, 'experts say' you need to visit Eznews
India
World
Economy
Science
Health
Showbiz
Contact