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Kochi to host international maritime seminar January 29-30

The Institute of Marine Engineers (India), Cochin branch, is set to host the Comarsem (Cochin Marine Seminar) on January 29 and 30, in collaboration with the Directorate General of Shipping. This two-day event will unite key stakeholders from the global maritime industry, including policymakers, industry leaders, and academics, under the theme “Maritime India — Innovations and Collaborations.” The seminar aims to explore the transformation of India’s maritime sector and discuss strategic pathways to establish the country as a global maritime superpower. S. Krishnankutty, Chairman, emphasized the forum's role in aligning policy, technology, and industry to foster maritime growth. Ajith Sukumaran, Chief Surveyor, highlighted the sector's significant transformation driven by policy reforms and technological advancements. The event will feature panel discussions and presentations on various topics, including regulatory frameworks, infrastructure growth, greener technologies, and innovative training methodologies, all aimed at enhancing India's maritime capabilities. sources

Published:
Jan 27 2026, 2 pm

Brazil seeks to boost trade and reduce global dependencies with India

Brazilian President Luiz Inacio Lula da Silva will lead a significant delegation to India from February 19 to 21, aiming to enhance trade relations, attract investments, and establish strategic partnerships crucial for Brazil's development. This visit is part of Brazil's strategy to diversify its economic ties away from traditional partners like the US and China, focusing instead on emerging economies such as India. The Brazilian Trade and Investment Promotion Agency has opened registration for up to 200 business leaders to join the mission, with nearly 150 already confirmed, reflecting strong corporate interest. Recent months have seen intensified Brazil-India relations, including discussions on defense cooperation and trade agreements. Notably, India became Brazil's tenth-largest export destination in 2025, with exports reaching USD 6.9 billion. The visit is also politically significant, reinforcing Lula's image as a global leader advocating for Brazil's interests in a competitive international landscape. sources

Published:
Jan 27 2026, 3 pm

Wings India 2026: Asia's Largest Aviation Conference in Hyderabad

Asia's largest civil aviation event, Wings India 2026, is set to take place at Begumpet from January 28 to 31, 2026, focusing on commercial, general, and business aviation, as well as advanced air mobility. The event will be inaugurated by Civil Aviation Minister K Rammohan Naidu and will attract top aviation executives globally. The first two days will feature a global CEO forum and industry roundtables discussing airport transformation, aircraft leasing, and the role of women in aviation, while the last two days will showcase the latest aircraft and technologies to the public. India, currently the third-largest domestic civil aviation market, has seen significant growth in its aircraft fleet and airport numbers, with new greenfield projects like Jewar and Navi Mumbai enhancing capacity. The Maintenance, Repair, and Overhaul (MRO) sector is projected to reach $4 billion by 2030, bolstered by 100% FDI. Wings India 2026 is co-organized by the Ministry of Civil Aviation, Airports Authority of India, and FICCI. sources

Published:
Jan 27 2026, 3 pm

Tuna export opportunities from Lakshadweep attract overseas traders

An eight-member delegation of fisheries and seafood trade experts from various countries, including the US, Thailand, and Austria, recently visited the Lakshadweep Islands, expressing keen interest in sourcing premium seafood, particularly tuna and its value-added products. The delegation engaged with local fishers and cooperative societies across Kavaratti, Agatti, Minicoy, and Andrott, focusing on the islands' traditional pole-and-line tuna fishery and eco-friendly practices. They discussed establishing business partnerships for exporting fresh and processed tuna, including the renowned dried delicacy, masmin. The experts assured the deployment of mother vessels with advanced cold storage to maintain export quality, addressing a long-standing demand from islanders. Coordinated by the Andrott Island Fishermen Cooperative Society, the visit aimed to explore regulatory facilitation and infrastructure needs, with hopes of enhancing livelihoods for local fishers and strengthening Lakshadweep's position in the global premium tuna market, according to AIFCS President Mohammed Althaf Husain. sources

Published:
Jan 27 2026, 3 pm

India-EU FTA to Enhance Exports to 27 Nations

India and the European Union (EU) announced the finalisation of negotiations for a Free Trade Agreement (FTA) on Tuesday, marking India's 19th trade deal. This agreement aims to enhance India's exports to the 27-nation bloc, which currently accounts for 17% of India's total exports. The FTA is expected to reduce or eliminate tariffs, making Indian goods, particularly from labour-intensive sectors like textiles and pharmaceuticals, more competitive in the EU market. It also aims to diversify Indian exports amid high tariffs imposed by the US. The EU stands to gain from increased exports of aircraft, machinery, and chemicals to India. Bilateral trade between India and the EU reached $136.53 billion in 2024-25, with significant contributions from both goods and services. Negotiations for the FTA, which began in 2007, faced multiple hurdles but were revitalised in 2022, leading to this significant milestone. sources

Published:
Jan 27 2026, 2 pm

Tyre Makers Warn of Natural Rubber Supply Shortage

The Indian tyre industry is facing a critical shortage of natural rubber, raising alarms over potential production disruptions. The Automotive Tyre Manufacturers’ Association (ATMA) highlighted that the current tightness in supply is particularly concerning during the peak production season, with manufacturers struggling to maintain operations. ATMA Chairman Arun Mammen noted that while some decline in output due to climatic factors is expected, the scale of the current shortage suggests deeper structural issues. Prices have surged to nearly ₹200 per kg, exacerbated by concerns of hoarding amid anticipated further increases. Discrepancies between official production data and market realities have prompted ATMA to call for an independent assessment by the Rubber Board. With domestic production meeting only 60% of India's rubber needs, ATMA has urged for duty-free imports to address the shortfall and has called for government intervention to stabilize supplies and protect the interests of both growers and the tyre industry. sources

Published:
Jan 27 2026, 2 pm

"ADNOC CEO: India, AI Transforming Energy Sector Trends"

Sultan Ahmed Al Jaber, CEO of Abu Dhabi National Oil Co. (ADNOC), addressed the India Energy Week in Goa, highlighting three megatrends shaping the energy sector: the rise of emerging markets, particularly India; the exponential growth of artificial intelligence; and the transformation of energy systems. He projected that global oil demand will remain above 100 million barrels per day until 2040, with liquefied natural gas (LNG) demand increasing by over 50%. Al Jaber emphasized India's pivotal role as the world's third-largest energy consumer and a key driver of global demand, noting the UAE's commitment to being a reliable energy partner. He also underscored the importance of strategic, long-term partnerships, particularly in light of the recent agreement to double UAE-India bilateral trade to $200 billion by 2032. Al Jaber warned that the biggest risk in the energy market is underinvestment, particularly as demand for air conditioning and digital infrastructure surges. sources

Published:
Jan 27 2026, 2 pm

KhetiBuddy unveils Verdnt, AI SaaS for agribusinesses

KhetiBuddy, an agri-tech startup, has unveiled Verdnt, an enterprise SaaS platform aimed at enhancing the operational efficiency of mid-to-large agribusinesses navigating complex supply chains. The platform serves as a comprehensive data backbone, integrating agronomy, operations, and sustainability workflows, thereby facilitating a shift from retrospective reporting to proactive, data-driven decision-making. Verdnt is tailored for food and beverage companies, agri-input firms, and large enterprises that require visibility into farm data for operational and regulatory purposes. Its AI capabilities leverage structured information from farm operations and sustainability metrics, enabling gradual application in risk identification and decision support while ensuring transparency. Following successful pilots in North America and Europe, Verdnt has demonstrated its capacity to merge farm and sustainability data into enterprise systems. Founder and CEO Vinay Nair emphasized that Verdnt aims to embed farm intelligence into core business operations, transforming data into actionable insights. sources

Published:
Jan 27 2026, 1 pm

Minor fire at Chennai airport; officials report no damage

A minor fire occurred at the city airport on Tuesday, prompting a swift response from officials, who reported no damage from the incident. Preliminary investigations revealed that a spark ignited smoke in a staff canteen located in the international departure area. Fortunately, the situation was quickly managed, and air traffic operations remained unaffected throughout the event. Authorities reassured the public that safety protocols were effectively implemented, ensuring the airport continued to function normally. The incident highlights the importance of prompt emergency responses in maintaining safety at busy transport hubs. sources

Published:
Jan 27 2026, 1 pm

India's Oil Minister advocates for more oil and gas investments

Union Minister Hardeep Singh Puri underscored the vital importance of conventional energy for emerging and developing economies during his address at the India Energy Week in Goa. He noted that nearly 80% of the global energy demand increase is driven by these regions, particularly developing Asia, where energy needs are set to rise due to greater access to mobility and digital services. Puri highlighted the ongoing challenges in the global energy landscape, exacerbated by geopolitical tensions, and pointed out that around 730 million people still lack electricity. He emphasized that while renewable energy has seen significant growth, conventional energy remains crucial, warning that halting investments in oil and gas could lead to an 8% annual decline in global oil output. Puri called for a balanced approach to energy transition, advocating for cooperation and innovation to ensure a secure and inclusive energy future, particularly as India’s per capita energy consumption remains below the global average. sources

Published:
Jan 27 2026, 1 pm

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