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IndiGo has announced the launch of new direct flights and increased frequencies from Navi Mumbai International Airport (NMIA), set to commence on December 29, 2025. The airline will operate daily flights to Coimbatore and Chennai, enhancing connectivity from the newly inaugurated airport. Additionally, five weekly flights to Vadodara will begin on December 30, while the frequency on the NMIA-North Goa route will increase from December 26. This expansion is part of IndiGo's strategy to position NMIA as a key aviation hub, supporting regional growth and investment in line with India's vision for a connected aviation network. The flight schedules include daily departures to Coimbatore and Chennai, with specific timings outlined for the Vadodara and Goa routes. This initiative aims to provide seamless travel options for passengers and bolster NMIA's role in India's aviation landscape. 
Published: Nov 29 2025, 6 pmeznews.inPassengers faced delays on Saturday as domestic airlines, including IndiGo and Air India, undertook mandatory software upgrades on their Airbus A320 family aircraft, following directives from India's aviation safety regulator, the DGCA. The DGCA reported that 200 IndiGo aircraft, 113 Air India aircraft, and 25 Air India Express planes were identified for the upgrades. By Saturday afternoon, over 50% of the necessary updates had been completed, with IndiGo stating that inspections on 160 aircraft were finished by noon IST. Air India reported that its engineers were working tirelessly, having completed over 40% of the required updates. The software changes were prompted by an emergency airworthiness directive from the European Union Aviation Safety Agency (EASA) and were aimed at ensuring the continued safe operation of the aircraft. Despite the delays, no flights were cancelled, and both airlines expressed confidence in meeting the compliance timeline.
Published: Nov 29 2025, 6 pmeznews.inTraders in the silver market have dismissed the CME Group's explanation of a "cooling issue" as the cause of a 10-hour trading glitch, alleging it was a tactic to assist a trader facing a significant delivery obligation of nearly 12,450 tonnes of silver. This incident coincided with silver futures reaching a record high of $56.775 an ounce, amid a 95% price surge in 2025. Critics argue that the CME's claim is implausible, given that data centres typically have backup cooling systems. The Silver Academy suggested that the glitch allowed large short position holders to manage their risks without facing catastrophic losses. As the market stabilizes, analysts warn of a looming physical silver shortage, exacerbated by years of supply deficits. The situation is expected to culminate by December 31, 2025, when the true extent of the market's challenges may be revealed.
Published: Nov 29 2025, 6 pmeznews.inThe Delhi High Court has issued a warning to the Tax Department regarding the use of Artificial Intelligence (AI) in issuing show cause notices, emphasizing the need for caution. A division bench, comprising Justices Prathibha M Singh and Shail Singh, highlighted the "grey area" surrounding the accuracy and reliability of AI-generated data, stating that such tools should only be used for preliminary research. The court found discrepancies in judgments cited by the GST Department, referencing a case that illustrated the potential for AI to produce incorrect or fictional legal information. The ruling stressed that AI cannot replace human judgment in legal matters and urged the Tax Department to verify all AI-generated content before use. Harpreet Singh from Deloitte noted that while AI can aid in evidence analysis, the risks of "AI hallucinations" necessitate thorough verification to avoid citing non-existent judgments in official documents.
Published: Nov 29 2025, 5 pmeznews.inIndia's economic outlook has improved, with Crisil raising its GDP growth forecast for the current financial year to 7% from 6.5%, following a robust 8.2% growth in the second quarter. Chief economist Dharmakriti Joshi noted that this growth surpassed expectations, driven primarily by increased private consumption and significant gains in manufacturing and services. Despite a modest nominal GDP growth of 8.7% due to easing inflation, the first half of the year showed strong performance, although a slowdown to 6.1% is anticipated in the second half, influenced by higher US tariffs. Joshi highlighted that lower food inflation has encouraged discretionary spending, and the third quarter is expected to benefit from these trends. Additionally, government investment is likely to stabilize, while private investments may see a delayed increase, supported by GST rationalization and recent interest rate cuts by the Reserve Bank of India.
Published: Nov 29 2025, 4 pmeznews.inIndia's exports to the United States, its largest market, have plummeted by 28.5% from May to October 2025, dropping from $8.83 billion to $6.31 billion, largely due to aggressive tariff hikes. The US imposed escalating duties, starting at 10% in April and reaching 50% by late August, making Indian goods among the most heavily taxed of any US trading partner. Key sectors, including gems, textiles, and smartphones, saw significant declines, with smartphone exports alone falling 36% to $1.50 billion. The Global Trade Research Initiative (GTRI) has called for the Indian government to expedite the Export Promotion Mission, which aims to enhance export competitiveness, particularly for MSMEs and labour-intensive sectors. GTRI also urged the removal of a 25% additional tariff on Indian goods to alleviate the burden on exporters. Without swift action, the initiative risks failing to meet its objectives, as funding remains limited.
Published: Nov 29 2025, 3 pmeznews.inIn October, the curtailment rate for solar generation in India reached approximately 12%, the highest since May, as Uttar Pradesh celebrated surpassing 1 gigawatt (GW) of residential rooftop solar capacity under the ‘Pradhan Mantri Surya Ghar Muft Bijlee Yojana’ (PMSG: MBY). This milestone, achieved by installing solar panels on 290,000 rooftops, benefits nearly 293,000 families with affordable or free electricity. The state added around 640 megawatts (MW) of capacity in FY25, significantly reducing reliance on conventional energy sources and saving approximately 4,000 acres of land. With over 972,886 applications received, the scheme has created around 50,000 jobs and boosted local economies. Households are saving between ₹800-2,500 monthly on electricity bills, while farmers gain access to affordable daytime electricity, enhancing agricultural productivity and economic stability. Uttar Pradesh now ranks third nationally in rooftop solar capacity, following Gujarat and Maharashtra.
Published: Nov 29 2025, 3 pmeznews.inIndiGo has announced the completion of necessary upgrades on 160 of its 200 A320 family aircraft, with inspections for the remaining 40 ongoing. The airline confirmed that no flights have been cancelled due to these checks, although some may experience minor delays. The upgrades are in response to a potential issue flagged by Airbus concerning the flight controls of A320 planes, attributed to intense solar radiation. IndiGo stated that it is collaborating closely with Airbus to ensure all required actions are taken promptly. The airline expressed confidence that inspections will be completed within the designated timeline. This proactive measure underscores IndiGo's commitment to safety and operational integrity as it navigates the challenges posed by environmental factors.
Published: Nov 29 2025, 3 pmeznews.inUnion Minister of Commerce and Industry Piyush Goyal announced on Saturday that India's economy has achieved an impressive 8.2% growth in the July-September quarter, bolstered by government reforms aimed at enhancing the ease of doing business. Speaking during a national padyatra in Gujarat to celebrate Sardar Vallabhbhai Patel's 150th birth anniversary, Goyal highlighted that the growth reflects successful measures to boost domestic manufacturing and exports, which have remained robust despite global trade uncertainties. He noted that merchandise exports rose by 0.63% to $254.25 billion during April-October, while services exports increased to $237.55 billion. This growth, surpassing China's 4.8%, is attributed to higher public investments, strong demand in services, and industrial output. Goyal reaffirmed India's position as the world's fastest-growing major economy, with manufacturing output rising by 9.1% and construction expanding by 7.2%.
Published: Nov 29 2025, 1 pmeznews.inIndian airlines, including IndiGo, Air India, and Air India Express, are currently addressing a critical software upgrade for 338 A320 family aircraft due to potential flight control issues linked to intense solar radiation. As of November 29, the Directorate General of Civil Aviation (DGCA) reported that over half of the affected fleet, specifically 189 planes, have undergone the necessary modifications. While there have been no flight cancellations, some flights are experiencing delays of 60 to 90 minutes as upgrades are implemented at various airline bases across the country. Air India confirmed that it has completed upgrades on 42 of its 113 impacted aircraft, while IndiGo has upgraded 143 of its 200 affected planes. The upgrades are expected to be finalized by 5:29 am on November 30, following directives from Airbus and the European Aviation Safety Authority (EASA) to ensure the safety and airworthiness of the aircraft.
Published: Nov 29 2025, 12 pm
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