eznews.inIndia's ambitions for green hydrogen production are facing significant challenges, with expectations now set at 3 million tonnes by 2030, falling short of the original target of 5 million tonnes annually. Santosh Kumar Sarangi, secretary at the Ministry of New and Renewable Energy, highlighted that global policy shifts and delays in clean fuel mandates have necessitated a reassessment of project timelines to prevent oversupply. The International Maritime Organization's recent postponement of a vote on green fuel mandates for the shipping industry further complicates the outlook. While the green hydrogen sector has encountered cost and technical hurdles, India aims to export about 70% of its production to markets like Europe, Japan, and South Korea, with the remainder serving domestic fertilizer and oil refinery needs. Additionally, the government plans to reduce renewable project auctions this fiscal year to focus on securing offtake agreements for existing bids. 
Published: Nov 11 2025, 4 pmeznews.inE-commerce giant Flipkart has launched its quick commerce service, Flipkart Minutes, in Chennai, promising delivery of daily essentials within just 10 minutes. The service will operate from Micro Fulfilment Centres (MFCs) strategically located in 22 key areas, including Velachery and Royapettah, and will offer a diverse range of products, from groceries to electronics, featuring popular local brands like Aavin and Hatsun. To enhance its offerings, Flipkart will collaborate with over a thousand local sellers and Farmer Producer Organisations (FPOs) to provide fresh produce. Hemant Badri, Senior Vice-President at Flipkart, emphasized that this expansion is crucial for enhancing the company's quick commerce capabilities in a market where consumers increasingly value convenience. The MFCs will complement Flipkart's extensive supply chain infrastructure already established in Tamil Nadu, a region noted for its growing digital engagement.
Published: Nov 11 2025, 3 pmeznews.inIndia's sugar production is projected to increase by 18.58% to 30.95 million tonnes in the 2025-26 marketing year, according to the Indian Sugar & Bio-Energy Manufacturers Association (ISMA). This rise, from 26.1 million tonnes the previous year, is attributed to enhanced output in key states, with Maharashtra expected to produce 13 million tonnes, Uttar Pradesh 10.32 million tonnes, and Karnataka 6.35 million tonnes. Opening stocks are estimated at 5 million tonnes, and with ethanol diversion at 3.4 million tonnes, total sugar availability will reach 35.95 million tonnes, surpassing the domestic requirement of 28.5 million tonnes. ISMA has urged the government to expedite the announcement of an export policy, as India is poised to export nearly 200,000 tonnes this season. Additionally, sugarcane acreage has seen a slight increase, with improved crop conditions bolstered by adequate water supply.
Published: Nov 11 2025, 3 pmeznews.inTea prices at Coonoor auctions have risen due to increased demand from packeteers and blenders, with prices climbing by ₹3-4 per kg amid a reduced volume of offerings. Global Tea Auctioneers reported that 12,10,399 kg of leaf grades were sold, achieving a 97% sales rate, while dust grades saw an 87% sale from 4,08,290 kg offered. High-priced and better liquoring teas experienced a notable demand, selling for ₹4-5 more, while medium sorts also saw price increases of ₹2-3. In the leaf orthodox category, primary whole leaf grades sold for ₹4-5 more, although secondary and fannings faced a decline of ₹2-3. Conversely, CTC dust grades were generally lower by ₹3-4, with some quality lots selling for ₹2-3 more. Overall, the auction reflected strong demand, particularly for CTC leaf sales, despite some fluctuations in other categories.
Published: Nov 11 2025, 1 pmeznews.inIndia's poultry sector is projected to see a revenue increase of 4-6% this fiscal year, driven by rising rural demand and a growing preference for protein-rich diets, according to CRISIL Ratings. However, operating margins are expected to decline by 80-100 basis points due to lower broiler prices in the first half of the fiscal, despite a recovery anticipated later in the year. The layer/egg segment, which constitutes 55% of the industry by value, is expected to outperform, with revenue growth of 7-9% as per capita egg consumption remains significantly below the global average. While broiler revenue growth is forecasted to slow to 1-3%, sales volume in this segment is expected to rise by 6-8%. Despite profitability pressures, the credit profiles of poultry companies are deemed stable, supported by modest capital expenditure and limited debt, with a steady interest coverage ratio anticipated.
Published: Nov 11 2025, 1 pmeznews.inOne Point One Solutions Limited has secured a contract with Akasa Air to implement an advanced omnichannel contact center as a service (CCaaS) solution, aimed at improving customer engagement and operational efficiency for the rapidly growing airline. This new system will allow Akasa Air to manage customer interactions across various channels, including voice and email, through a unified platform that integrates with existing data systems for real-time assistance. The deployment, expected to be completed in the coming weeks, will feature an analytics dashboard to monitor key performance metrics such as customer satisfaction and intent accuracy. Since its launch in August 2022, Akasa Air has served over 22 million passengers and operates a fleet of 30 Boeing 737 MAX aircraft, with orders for an additional 226. Meanwhile, shares of One Point One Solutions were trading at ₹52.31, down 1.69% on the National Stock Exchange.
Published: Nov 11 2025, 1 pmeznews.inU.S. President Donald Trump has indicated that tariffs on India, currently at 50% due to its purchases of Russian oil, may be reduced as India scales back these transactions. Speaking at the swearing-in of Sergio Gor as U.S. Ambassador to India, Trump noted that while tariffs are high, they will be lowered "at some point." Despite ongoing trade negotiations, India remains resistant to linking its trade deal with the U.S. to its relationship with Russia, especially with Russian President Vladimir Putin's upcoming visit to India. The tariffs, imposed in August 2025, have significantly impacted India's exports, particularly in labor-intensive sectors, leading to a 12% decline in exports to the U.S. in the same year. As India seeks to balance its energy imports and maintain strong ties with both the U.S. and Russia, it aims to enhance bilateral trade, which reached $68.7 billion with Russia in FY25.
Published: Nov 11 2025, 11 ameznews.inRetail inflation in India, as measured by the Consumer Price Index (CPI), is anticipated to have fallen below 1% in October, following the implementation of a Goods and Services Tax (GST) rate cut on September 22. Official data, set to be released on Wednesday, may reveal a CPI inflation rate as low as 0.2%, down from 1.5% in September. Economists attribute this decline to significant food disinflation and the GST cuts affecting various items in the CPI basket. Aditi Nayar, Chief Economist at ICRA, predicts a CPI inflation low of 0.5% for October, while Radhika Rao from DBS Bank expects it to reach 0.2%. However, potential supply issues from unseasonal rains and increased import duties on certain pulses could hinder further disinflation. The Reserve Bank of India's Monetary Policy Committee is expected to consider a policy rate cut in its upcoming meeting, with a downward revision of inflation projections for the second half of the fiscal year likely.
Published: Nov 11 2025, 10 ameznews.inBetween October 1 and November 9, the South Peninsula of India experienced an 18% surplus in rainfall compared to the long-term average, with notable increases in Andhra Pradesh (46%), Telangana (65%), and Lakshadweep (35%). However, Tamil Nadu reported only a marginal 2% above-normal rainfall, raising concerns for farmers as the north-east monsoon outlook appears subdued. Private forecaster Skymet attributes this to a developing weak La Niña phase in the Pacific, which typically hampers monsoon activity. Currently, a cyclonic circulation over the east-central Bay of Bengal is not expected to enhance rainfall in Tamil Nadu and South Andhra Pradesh, potentially disrupting essential moisture inflow. While light to moderate rainfall is anticipated in southern Tamil Nadu and Sri Lanka, regions like Andhra Pradesh, Karnataka, and Telangana are likely to remain mostly dry, leading to a gradual decline in the overall rainfall surplus across the South Peninsula.
Published: Nov 11 2025, 10 ameznews.inIndia's domestic growth cycle may be nearing its lowest point, buoyed by easing crude oil prices, low interest rates, ample liquidity, and a normal monsoon, according to a report from HSBC Mutual Fund. The report suggests these factors could lead to a resurgence in economic momentum, despite ongoing global trade uncertainties that may hinder private capital expenditure in the short term. It anticipates a medium-term uptrend in India's investment cycle, driven by government infrastructure spending, a rebound in private investments, and a recovery in the real estate sector. HSBC MF also highlights the potential for increased private investments in renewable energy and technology localization, which could enhance growth. However, challenges such as weak global demand and geopolitical tensions could dampen investment sentiment. Overall, the report remains optimistic about Indian equities, citing a robust medium-term growth outlook supported by rising private capital expenditure.
Published: Nov 11 2025, 10 am
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