eznews.inIndia's ambition to spearhead the clean industrial transition among emerging economies is hindered by significant regulatory challenges, according to a report from the Mission Possible Partnership. Despite having 53 clean-industry projects in development—tying with Australia for the highest in the "new industrial sunbelt"—none have reached a final investment decision this year. The report highlights outdated construction regulations and slow policy changes as barriers to adopting cleaner technologies in the cement sector. Additionally, high financing costs in emerging markets limit the viability of these projects. While some initiatives have secured buyers and partial funding, they are stalled by a lack of clear rules and necessary infrastructure. The report emphasizes the absence of demand-side regulations, such as blending mandates and green procurement rules, which are essential for fostering markets for clean industrial products. Without these enabling policies, India risks falling behind in the global industrial transformation already underway in other regions. 
Published: Nov 04 2025, 11 ameznews.inIn a significant move to enhance railway connectivity in Sikkim, the Ministry of Railways has allocated ₹8.48 crore for the Final Location Survey (FLS) of the Melli-Dentam railway line project, as communicated to the Northeast Frontier Railway on October 24. This initiative follows a meeting between Sikkim MP Indra Hang Subba and Union Railway Minister Ashwini Vaishnaw, where the MP emphasized the project's importance for accessibility, tourism, and national security. Additionally, on October 28, the Ministry approved an increase in the frequency of the Dehradun-Tanakpur Express, which will now operate three times a week instead of once. Uttarakhand Chief Minister Pushkar Singh Dhami hailed this decision as a public welfare initiative, aimed at improving connectivity and boosting economic activities in the region. The Central Government's efforts, under Prime Minister Narendra Modi, continue to support Uttarakhand's development trajectory.
Published: Nov 04 2025, 10 ameznews.inA report led by Nobel laureate Joseph Stiglitz highlights alarming levels of global inequality, warning it poses a significant threat to democracy, economic stability, and climate progress. Commissioned by the South African G20 Presidency, the study reveals that India's wealthiest 1% saw their fortunes grow by 62% from 2000 to 2023, while the top 1% globally captured 41% of new wealth, leaving the bottom half with a mere 1%. Although intercountry inequality has decreased due to rising incomes in populous nations like India and China, the report emphasizes that extreme inequality is a choice that can be reversed with political will and global coordination. It proposes establishing an International Panel on Inequality to monitor trends and inform policy. The report also notes that countries with high inequality are significantly more likely to experience democratic decline, with 2.3 billion people currently facing food insecurity.
Published: Nov 04 2025, 10 ameznews.inKKR Global, a prominent private equity firm managing nearly $700 billion in assets, is set to significantly expand its investments in India, targeting private credit, insurance, real estate, and manufacturing. With $9 billion invested over the past five years and a total of $13 billion since 2008, KKR's co-CEO Scott Nuttall emphasized India's potential as the world's fifth-largest economy, predicting that its investment profile will increasingly align with KKR's global strategy. Gaurav Trehan, KKR's Asia Pacific CEO, noted that returns from India have improved dramatically, making it a leading contributor to the firm's private equity and infrastructure funds. KKR plans to invest $90 to $100 billion by 2025, focusing on sectors like healthcare, technology, and manufacturing, particularly in light of the "China Plus One" strategy. The firm also aims to enhance India's corporate bond market, addressing the need for diverse capital sources as the economy grows.
Published: Nov 04 2025, 3 ameznews.inIn a bid to bolster India's export competitiveness amid global uncertainties and the impact of steep US tariffs, Prime Minister Narendra Modi convened a meeting with exporters from key labour-intensive sectors, including garments, leather, and gems and jewellery. The discussions highlighted the challenges faced by these industries, particularly following the imposition of a 50% tariff on Indian goods by the US in August, which has led to a significant decline in exports—down 12% to $5.46 billion in September alone. This tariff escalation has particularly affected textiles and engineering goods, with exports to the US plummeting nearly 37.5% from May to September, resulting in a loss exceeding $3.3 billion in monthly shipment value. Despite these setbacks, India's overall goods exports rose 3.02% year-on-year to $220.12 billion in the first half of FY25, while imports increased by 4.53%.
Published: Nov 03 2025, 9 pmeznews.inUnion Commerce and Industry Minister Piyush Goyal is set to visit New Zealand from November 4-7 to advance negotiations on a bilateral free trade agreement (FTA), which have faced challenges regarding market access for dairy and agriculture, as well as professional mobility. The fourth round of negotiations commenced in Auckland, aiming to establish a balanced and mutually beneficial partnership. Goyal will engage with government and industry leaders during his visit, following the FTA's re-launch in March 2025. While New Zealand seeks to secure some access to India's dairy market, which is sensitive for Indian farmers, it is also interested in expanding its agricultural exports. The talks will focus on trade in goods and services, with both nations striving for a ten-fold increase in bilateral trade over the next decade. As of FY 2025, bilateral trade reached $1.3 billion, reflecting a 49% increase from the previous year.
Published: Nov 03 2025, 8 pmeznews.inIn the latest financial updates, India's benchmark indices showed modest gains, with the SENSEX rising by 39.78 points to close at 83,978.49, while the NIFTY increased by 41.25 points to reach 25,763.35. In commodities, gold prices surged by 435.00 to settle at 121,667.00, and silver also saw a significant rise, up 667.00 to 148,954.00. However, crude oil prices dipped slightly, down 2.00 to 5,420.00. In agricultural exports, India reported a 12% increase in agri product shipments during the first half of FY26, totaling $13.936 billion, driven by strong demand for non-basmati rice, buffalo meat, and pulses. Notably, non-basmati rice exports surged by 27.6% to $2.87 billion, while basmati rice shipments fell marginally to $2.76 billion due to weak pricing. Fresh fruit exports also saw a significant rise, increasing by 31% to $530 million.
Published: Nov 03 2025, 8 pmeznews.inAs of October 31, the total sowing area for rabi crops in India has increased to 75.8 lakh hectares, a 15% rise from 65.9 lakh hectares last year. Notably, wheat sowing has surged to 3.3 lakh hectares from 2.3 lakh hectares, while chana and masur have also seen increases, contributing to a total pulses area of 20.8 lakh hectares, up 26%. Oilseed sowing has reached 42.3 lakh hectares, with mustard accounting for 41.7 lakh hectares. However, jowar, maize, and paddy have experienced slight declines in acreage. The government has set ambitious production targets for various crops, including 119 million tonnes for wheat. In a related development, the fertiliser ministry reported a significant increase in urea stocks, rising from 48.64 lakh tonnes to 68.85 lakh tonnes, with imports more than doubling to meet demand. This ensures adequate supply for the ongoing rabi season.
Published: Nov 03 2025, 8 pmeznews.inThe Centre's rice procurement at the minimum support price (MSP) surged in late October, with the Food Corporation of India (FCI) acquiring over 70 lakh tonnes (lt), up from 60 lt the previous year. Total purchases for October exceeded 119 lt, compared to 81.85 lt in the same period last year, driven by early harvesting in Punjab, Haryana, and other states. Notably, Punjab has contributed 69.39 lt, a 49% increase from last year, while Haryana's procurement rose by 22.7% to 38.12 lt. Tamil Nadu also saw a significant rise, with purchases more than doubling to 7.51 lt. The government aims to procure 463.49 lt of rice for the 2025-26 marketing season, although early harvests may lead to earlier-than-scheduled purchases. The Agriculture Ministry is expected to release kharif crop estimates soon, following a record increase in paddy acreage this season.
Published: Nov 03 2025, 7 pmeznews.inThe M-UTS (Mobile Unreserved Ticketing System) Sahayak scheme was launched on Monday at Dr M.G. Ramachandran Central Railway Station in Chennai as part of a pilot initiative by the Railway Board, which will also be implemented at five other NSG-1 category stations across India. This innovative scheme aims to streamline the process of issuing unreserved tickets through trained Sahayaks, who are equipped with mobile phones and Bluetooth-enabled printers. By operating near booking counters and in passenger circulation areas, the Sahayaks will enhance accessibility and convenience for travelers. The initiative is expected to significantly reduce queues at ticket counters, expedite the ticketing process, and improve overall passenger satisfaction, particularly during busy travel times. The Southern Railway's release highlights the potential benefits of this technology-driven approach to ticketing.
Published: Nov 03 2025, 7 pm
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