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India's Power Ministry is contemplating the cancellation of green power projects totaling 42 gigawatts, which represent a significant portion of the country's renewable capacity, due to difficulties in securing offtake agreements with state utilities. This decision, aimed at alleviating grid congestion amid a rapid expansion of renewable energy, poses a substantial challenge to India's green energy goals, particularly as the nation strives to double its clean power capacity to 500 gigawatts by 2030. Financially strained utilities have been hesitant to purchase renewable electricity, which is often inconsistent without adequate energy storage solutions. Additionally, the government is phasing out transmission subsidies that previously facilitated the renewables boom, further complicating the situation for developers. As new projects face increasing transmission costs, the future of India's renewable energy ambitions hangs in the balance. 
Published: Nov 04 2025, 1 pmeznews.inIndiGo, India's leading airline, reported a net loss of ₹2,582 crore for the second quarter of fiscal year 2025-26, primarily due to adverse currency fluctuations affecting dollar-based obligations. However, excluding these impacts, the airline achieved a net profit of ₹104 crore, a significant improvement from a net loss of ₹754 crore in the same quarter last year. Total revenue rose 10% year-on-year to ₹19,599 crore, driven by a 9.3% increase in operational revenue and an 11.2% rise in passenger ticket revenue. CEO Pieter Elbers highlighted the airline's capacity optimisation strategies, which helped mitigate seasonal weaknesses and led to a 7.8% increase in capacity. IndiGo plans to expand its fleet, with new Airbus A321XLR deliveries expected by December, and is set to launch new international routes in January 2026. As of September 30, 2025, the airline's cash reserves stood at ₹53,515 crore.
Published: Nov 04 2025, 7 pmeznews.inDuring a meeting in New Delhi on Tuesday, India's External Affairs Minister S. Jaishankar and Israel's Foreign Affairs Minister Gideon Sa'ar discussed enhancing bilateral cooperation and regional connectivity projects, including the India-Middle East-Europe Economic Corridor (IMEC) and the I2U2 partnership involving India, Israel, the US, and the UAE. Sa'ar emphasized Israel's commitment to these initiatives, which aim to strengthen links between South Asia, West Asia, and Europe, despite setbacks caused by the ongoing Israel-Gaza conflict. Jaishankar noted Indian businesses' interest in sectors like infrastructure and renewable energy in Israel, highlighting the recent Bilateral Investment Agreement as a significant step forward. He also expressed India's support for a Gaza peace plan, which is currently fragile but aims for a lasting resolution. The meeting underscores the growing ties between India and Israel, particularly in technology and investment, with an AI Impact Summit planned for February 2026 in India.
Published: Nov 04 2025, 6 pmeznews.inIndia has emerged as the world’s third-largest hub for clean energy industrial projects, boasting a total of 65 initiatives, according to the Industrial Transition Accelerator (ITA). This positions India behind only China and the US, with projects spanning sectors such as chemicals, steel, cement, aluminium, and aviation, primarily located in states like Odisha, Gujarat, and Maharashtra. The ITA report highlights that if fully realized, these projects could attract over $150 billion in investments, create more than 200,000 jobs, and significantly reduce emissions by 160-170 million tonnes of CO2 equivalent annually. However, challenges remain, including limited demand for clean products, financing issues, and infrastructure gaps, which hinder progress towards Final Investment Decisions (FID). ITA emphasizes the need for supportive policies and efficient permitting processes to facilitate the transition to a sustainable industrial future, while also addressing the barriers that currently impede project advancement.
Published: Nov 04 2025, 4 pmeznews.inFormer ISRO Chairman S. Somanath inaugurated the fourth edition of the International Symposium on Marine Ecosystems (MECOS 4) at the ICAR-Central Marine Fisheries Research Institute (CMFRI) on Tuesday, emphasizing the need to integrate space-based oceanography into marine research to enhance the blue economy and support coastal fishing communities. He advocated for a mission to leverage technology, innovation, and data integration for ocean exploration, highlighting the necessity of deploying satellites for ocean observation and improving real-time data collection through buoys and unmanned aerial vehicles. Somanath also called for the incorporation of artificial intelligence and machine learning in ocean data systems to bolster resource management. The event also honored marine scientist G. Gopakumar with the Fourth Dr. S. Jones Memorial Award for his significant contributions to mariculture, particularly in breeding species that have empowered coastal communities and promoted sustainable livelihoods. J.K. Jena, Deputy Director General of ICAR, presided over the event.
Published: Nov 04 2025, 5 pmeznews.inChennai-based drone and defense technology firm Zuppa has partnered with 3D printer manufacturer Divide By Zero Technologies (DBZ) to create mobile rapid fabrication units designed for on-site drone production at the frontlines. These containerized systems will enable the 3D printing and assembly of drones, allowing for quick repairs and mission-specific customizations within hours, thereby reducing dependence on centralized production and logistics. Venkatesh Sai, Co-Founder and Technical Director at Zuppa, emphasized that this collaboration marks a significant advancement towards self-reliance in frontline technology, providing defense forces with enhanced autonomy and adaptability. Swapnil Sansare, Founder and CEO of DBZ, echoed this sentiment, stating that the partnership transforms the vision of mobile, rapid manufacturing into a practical solution, effectively bringing high-speed 3D printing capabilities from factory settings to the battlefield.
Published: Nov 04 2025, 3 pmeznews.inThe Indian government has officially included Ammonium Sulphate in its nutrient-based subsidy scheme for the Rabi season of 2025-26, promoting it as a balanced and environmentally friendly alternative to urea. The subsidy will be set at ₹9,479 per tonne for the AS 20.5-0-0-23 variety, which contains 20.5% nitrogen and 23% sulphur, with the retail price expected to drop to around ₹700 per 50 kg bag from the current ₹1,100-1,200. Agriculture experts highlight that Ammonium Sulphate releases nitrogen more slowly than urea, potentially benefiting soil health amid concerns over urea's excessive use. Despite a reported surplus of urea, there have been complaints of shortages during the Kharif season, prompting state officials to seek additional supplies. The fertiliser ministry's claims of stock levels have been met with skepticism due to a lack of accessible data on sales and availability.
Published: Nov 04 2025, 4 pmeznews.inMaize prices in India are currently trending below the minimum support price (MSP) of ₹2,400 per quintal, with modal prices ranging from ₹1,300 to ₹2,100 as harvests increase amid expectations of a record crop. Farmers have expanded maize cultivation by approximately one million hectares this kharif season, despite some crop damage from excess rains. In response to falling prices, Telangana has initiated procurement at MSP, aiming to buy 8 lakh tonnes of maize. The easing demand from ethanol producers, who are now utilizing alternative feedstocks like rice and sugarcane, has further pressured prices. The Telangana government has urged the Union government to include maize in the Price Support Scheme to assist struggling farmers. Overall, India's maize output for 2024-25 is projected at 422.81 lakh tonnes, up from 376.65 lakh tonnes the previous year, despite challenges posed by Cyclone Montha and flooding.
Published: Nov 04 2025, 2 pmeznews.inFarmers in Maharashtra's Vidarbha region are urging the Cotton Corporation of India (CCI) to relax its procurement standards due to heavy rainfall that has increased cotton moisture levels to between 12% and 20%, complicating their ability to sell under the Minimum Support Price (MSP) scheme. Currently, CCI only accepts cotton with moisture content below 12%, a guideline that has left many farmers unable to sell their crops at the government-fixed MSP of ₹7,710 per quintal for medium staple cotton. In contrast, open market prices are significantly lower, ranging from ₹3 to ₹5.60 per kilogram. Leaders of the Shetkari Sanghatana have called for an increase in the moisture limit and the removal of a cap on the quantity of cotton that can be sold per acre. They warn that without immediate action from CCI, farmers could face severe financial losses and be forced into distress sales.
Published: Nov 04 2025, 2 pmeznews.inS Sankarasubramanian has been appointed as the new Chairman of the Fertiliser Association of India (FAI), succeeding Shailesh C Mehta. Sankarasubramanian, who is also the Managing Director and CEO of Coromandel International, brings over 30 years of experience in the fertiliser industry, particularly in the phosphatic and potassic sectors. Siba Prasad Mohanty, previously one of the Co-Chairmen, will now serve as the sole Co-Chairman. Established 70 years ago, the FAI represents a wide array of stakeholders in the fertiliser sector, including manufacturers, distributors, and research institutes. In his statement, Sankarasubramanian emphasized the association's commitment to aligning industry objectives with national agricultural priorities, promoting innovation, sustainability, and resource efficiency, while collaborating with policymakers to achieve self-reliance in the fertiliser sector.
Published: Nov 04 2025, 2 pmeznews.inA consortium led by Larsen & Toubro (L&T) and Bharat Electronics Limited (BEL) has welcomed Dynamatic Technologies Ltd (DTL) as its exclusive partner in the development of India's Advanced Medium Combat Aircraft (AMCA), a fifth-generation stealth fighter jet. The partnership aims to enhance India's domestic manufacturing capabilities for advanced aerospace platforms, combining DTL's expertise in aerostructures with L&T's engineering prowess and BEL's advanced electronics systems. Arun Ramchandani of L&T emphasized that this collaboration not only focuses on creating a next-gen fighter jet but also aims to transform the Indian aerospace industrial landscape. DTL's CEO, Udayant Malhoutra, highlighted the company's three-decade legacy in supersonic aircraft structures. The AMCA programme is crucial for the Indian Air Force and Navy, with the first prototype expected by 2028-29 and series production slated for the early 2030s. The consortium's formation follows an Expression of Interest issued by the Aeronautical Development Agency.
Published: Nov 04 2025, 2 pm
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