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The Indian government has intensified efforts to secure the fertiliser supply chain during the ongoing Rabi season, conducting extensive raids and inspections on retailers and dealers to combat black marketing and hoarding. With a cumulative demand of 378.73 lakh tonnes for the season, the government reported that as of October 1, the opening stock included 37.33 lakh tonnes of urea and 20.07 lakh tonnes of DAP. Coordinating closely with state governments, authorities executed over 317,000 inspections, resulting in 5,119 show cause notices for black marketing and the suspension or cancellation of 3,645 dealer licenses. Notably, Uttar Pradesh led with 28,273 inspections, while Maharashtra recorded the highest number of raids at 42,566. The Department of Fertilizers emphasized its commitment to maintaining market integrity and urged citizens to remain vigilant against malpractices. 
Published: Nov 13 2025, 2 pmeznews.inThe Indian government's decision to withdraw Quality Control Orders (QCOs) on polyester fibre and yarn has been hailed as a significant "pro-growth measure" for the textile and apparel sector, according to the Confederation of Indian Textile Industry (CITI). The Ministry of Chemicals and Fertilizers announced the move on Wednesday, which is expected to alleviate compliance burdens for manufacturers sourcing raw materials. CITI Chairman Ashwin Chandran emphasized that this long-awaited change will enhance the cost competitiveness of Indian textile products by facilitating access to raw materials at competitive prices. He noted that polyester is crucial for man-made fibre products, and the removal of QCOs, alongside a recent export package, will bolster confidence in the sector. While cotton currently dominates India's textile landscape, Chandran urged the government to consider similar relief for viscose and other cellulosic materials, as India aims for a $350 billion textile industry by 2030, with $100 billion in exports.
Published: Nov 13 2025, 3 pmeznews.inSpiceJet has significantly expanded its operational fleet to 35 aircraft, bolstering its winter schedule amid rising air travel demand. The budget airline's fleet growth follows a strategic induction and ungrounding program, which saw the number of operational planes rise from 21 in September to 32 by early November. Recently, SpiceJet added five Boeing 737 aircraft, including a 737 MAX, marking a total of 15 new inductions in just over a month. This expansion has allowed the airline to increase its daily flights from 100 to 176, enhancing connectivity on both domestic and international routes. However, the airline reported a widened net loss of ₹635.42 crore for Q2 FY26, attributed to recalibrated dollar-based obligations. Despite these financial challenges, SpiceJet's Chairman, Ajay Singh, expressed optimism about the strategic investments leading to improved operational performance in the latter half of the year.
Published: Nov 13 2025, 3 pmeznews.inIndia's edible oil imports for the oil year 2024-25 reached 160.1 lakh tonnes, valued at ₹1.61 lakh crore ($18.3 billion), reflecting a slight increase in volume but a significant 22.9% rise in value compared to the previous year. The Solvent Extractors’ Association of India (SEA) reported a decline in palm and sunflower oil imports, while soybean oil imports surged to 54.68 lakh tonnes. The government raised the duty difference between crude and refined oils, halting refined palm oil imports, although refined soybean and sunflower oil continued to enter from Nepal under the SAFTA agreement. Major exporters included Indonesia and Malaysia for palm oil, and Argentina and Brazil for soybean oil. With domestic consumption projected to grow, India aims to boost local palm oil production to 3 million tonnes by 2029-30, while continuing to rely on imports to meet demand.
Published: Nov 13 2025, 1 pmeznews.inThe Department of Fertilizers has undertaken a significant enforcement campaign during the Kharif and ongoing Rabi season of 2025-26, conducting over 317,000 inspections nationwide to combat black marketing, hoarding, and diversion of fertilizers. Authorities issued 5,119 show-cause notices for black marketing, 667 for hoarding, and 2,991 for diversion, resulting in 202 licence suspensions and 37 FIRs for hoarding, and 451 licence cancellations with 92 FIRs for diversion. Uttar Pradesh led the enforcement efforts with 28,273 inspections and 1,957 show-cause notices, while Maharashtra and Rajasthan also reported substantial actions. Additionally, a parallel initiative against substandard fertilizers resulted in 3,544 show-cause notices and 1,316 licence cancellations. The Department emphasized the importance of transparency and urged stakeholders to report irregularities, reaffirming its commitment to ensuring the availability and integrity of fertilizers across the country.
Published: Nov 13 2025, 1 pmeznews.inMaharashtra's final pulses sowing report for the Kharif 2025-26 season reveals a mixed performance among key crops, with total pulses area reaching 18,84,591 hectares—93% of the five-year average. Tur (pigeon pea), the state's primary pulse, has been sown on 12,26,440 hectares, nearly matching last year's figures, indicating farmers' continued reliance despite market uncertainties. In contrast, moong (green gram) has seen a significant decline, covering only 2,11,318 hectares, reflecting waning farmer confidence. Conversely, urad (black gram) has gained traction, with sowing at 3,78,257 hectares, driven by favorable market conditions. Other pulses account for 68,575 hectares, while overall growth lags behind expanding cereal crops like maize. Experts attribute this cautious approach to erratic rainfall and rising input costs, as highlighted by a NITI Aayog report that underscores ongoing challenges in pulse production, prompting many farmers to shift towards more lucrative cash crops.
Published: Nov 13 2025, 1 pmeznews.inThe India Meteorological Department (IMD) has forecasted that minimum temperatures in West Bengal are expected to remain 2 to 3 degrees Celsius below normal over the next five days. The IMD noted that there will be no significant changes in night temperatures across the state, with no anticipated rain or dense fog. On Thursday, Darjeeling recorded the lowest temperature in the region at 7 degrees Celsius, while Kolkata experienced a minimum of 17.1 degrees Celsius, three degrees below the seasonal average. In the plains, Sriniketan in Birbhum district reported a low of 13.2 degrees Celsius, with other areas such as Alipurduar, Purulia, Suri, Uluberia, and Bardhaman all recording minimums around 14 degrees Celsius. The cold snap is expected to persist, affecting daily life and activities in the region.
Published: Nov 13 2025, 1 pmeznews.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 pm
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