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Mumbai Metro Line 3 has expanded its operations, now connecting the Bandra-Kurla Complex (BKC) to Acharya Atre Chowk in Worli, with services commencing on Saturday. Previously, the Aqua Line was operational only between JVLR Aarey and BKC. Maharashtra Chief Minister Devendra Fadnavis inaugurated the 9.77 km phase 2A, which features six stations, including Dharavi and Siddhivinayak, and runs underground through the rockbed beneath the Mithi River. This extension aims to enhance connectivity to key business areas and popular sites, easing commutes for local residents. The metro will operate from 6.30 am to 10.30 pm, with a minimum fare of Rs 10 and a maximum of Rs 40 for the new stretch. The Mumbai Metro Rail Corporation (MMRC) plans to run 244 services daily, with travel times between BKC and Worli estimated at 15-20 minutes. 
Published: May 10 2025, 12 pmeznews.inAdani Group has launched India's first hydrogen-powered truck for mining logistics in Chhattisgarh, capable of transporting 40 tonnes of cargo over a 200-kilometre range. The initiative, unveiled by Chhattisgarh Chief Minister Vishnu Deo Sai, aims to replace diesel vehicles in the company's logistics operations, promoting cleaner transportation. Developed in collaboration with an energy technology firm and an auto manufacturer, the trucks feature smart technology and three hydrogen tanks. Vinay Prakash, CEO of Adani Natural Resources, emphasized the project's role in decarbonisation and responsible mining, highlighting the group's commitment to sustainability through innovative practices. The hydrogen-powered trucks will transport coal from the Gare Pelma III Block to a state power plant, significantly reducing emissions and noise while supporting India's energy demands. This project is part of a broader strategy to enhance sustainable mining practices and reduce reliance on fossil fuels, aligning with the country's environmental goals.
Published: May 10 2025, 3 pmeznews.inIndia is advised to learn from the recent US-UK trade agreement, which highlights the need for caution in its negotiations with the United States, according to the Global Trade Research Initiative (GTRI). The think tank noted that while the UK has made significant tariff concessions to the US, the latter has reciprocated minimally, suggesting that India could face similar pressures for a "mini-deal" focused on tariff reductions and strategic commitments rather than a comprehensive free trade agreement. GTRI founder Ajay Srivastava warned that India might be compelled to lower tariffs on sensitive agricultural products and automobiles, as seen in its recent agreement with the UK. He emphasized the importance of ensuring that any trade deal with the US is reciprocal and equitable, urging India to maintain a balanced approach in negotiations. A senior Indian delegation is set to visit Washington this month to continue discussions on the proposed bilateral trade agreement.
Published: May 10 2025, 3 pmeznews.inThe India Meteorological Department (IMD) has announced that the southwest monsoon is expected to reach Kerala on May 27, marking the earliest onset over the Indian mainland since 2009. Typically, the monsoon arrives around June 1, and its arrival in Kerala is crucial as it signals the start of the rain-bearing system across the country, which usually covers all regions by July 8. The IMD has forecast above-normal cumulative rainfall for the 2025 monsoon season, estimating it at 105% of the long-period average of 87 cm, with no El Niño conditions expected to disrupt this pattern. While the onset date in Kerala does not directly correlate with rainfall patterns elsewhere, the monsoon remains vital for India's agriculture, supporting 42.3% of the population and contributing 18.2% to the GDP, as well as replenishing essential water reservoirs.
Published: May 10 2025, 1 pmeznews.inThe Indian stock market experienced a significant downturn on May 10, 2025, with the SENSEX falling by 880.34 points to close at 79,454.47, while the NIFTY dropped 265.80 points to 24,008.00. In contrast, crude oil prices rose by 44.00 to reach 5,207.00, and gold and silver saw increases of 342.00 and 19.00, respectively, closing at 96,510.00 and 96,748.00. Meanwhile, heightened security measures at airports across India, prompted by escalating military tensions between India and Pakistan, have led to potential flight delays. Although operations at Delhi's Indira Gandhi International Airport remain normal, officials warned that evolving airspace conditions could impact flight schedules and extend security processing times. Passengers are advised to arrive early and cooperate with security personnel to ensure smooth travel. On the same day, 138 flights were cancelled at the airport.
Published: May 10 2025, 10 ameznews.inBasmati rice, renowned for its long grains and aromatic flavor, is witnessing a significant rise in global demand, with the market projected to reach $31.6 billion by 2027, growing at a CAGR of 9.1%. This surge is driven by a growing preference for high-quality, healthy grains, particularly in Western markets. India, which dominates over 70% of global basmati exports, has seen a 14.93% increase in volume and a 22.05% rise in export value in FY 2023-24. The country benefits from a robust supply chain, favorable climate, and Geographical Indication status, ensuring quality and authenticity. However, challenges such as price volatility, regulatory changes, and competition from Pakistan necessitate strategic responses. Indian exporters are encouraged to enhance brand identity, innovate product offerings, and diversify markets beyond traditional buyers to capitalize on the burgeoning global appetite for premium basmati rice.
Published: May 10 2025, 10 ameznews.inIndia's dairy industry, the largest in the world, plays a vital role in the nation's agricultural economy, engaging over 80 million rural households and contributing significantly to GDP and nutritional security. However, traditional dairy farming practices face scrutiny due to environmental issues, particularly methane emissions, which account for up to 75% of greenhouse gases in the sector. To address these challenges, innovative solutions such as biogas production, technological advancements in farming processes, and genetic improvements are being implemented. Government initiatives like the White Revolution 2.0 and the GOBARDHAN Project aim to promote sustainable practices and enhance productivity. Additionally, programs like the Trust Dairy Project focus on empowering small farmers through sustainable technologies. For India to maintain its leadership in dairy while tackling environmental concerns, a comprehensive approach involving research, capacity building, market incentives, and supportive policies is essential, paving the way for a sustainable and prosperous agricultural future.
Published: May 10 2025, 9 ameznews.inIn response to ongoing tensions with Pakistan, the Indian government has extended the suspension of civilian flight operations at 24 airports until May 15, 2025. A Notice to Airmen (NOTAM) announced the extension, affecting airports in Jammu and Kashmir, Punjab, Himachal Pradesh, Rajasthan, and Gujarat, including Leh, Jammu, Srinagar, and Amritsar. Air India and IndiGo have both announced cancellations of flights to and from these regions, with Air India offering customers a one-time waiver on rescheduling fees or full refunds for cancellations. The precautionary measures, aimed at ensuring passenger safety, have led to the cancellation of over 360 flights as of May 9. Meanwhile, operations at Delhi's Indira Gandhi International Airport remain normal, although passengers may experience delays due to heightened security measures.
Published: May 09 2025, 9 pmeznews.inIndia has expressed strong objections to the International Monetary Fund (IMF) regarding its financial support for Pakistan, which includes a $1 billion Extended Fund Facility (EFF) and a $1.3 billion Resilience and Sustainability Facility (RSF). Although India abstained from voting, it raised concerns about the potential misuse of these funds for military and terrorism-related activities, citing Pakistan's poor track record with IMF programs. India's Finance Ministry highlighted that Pakistan has been a frequent borrower, receiving IMF assistance in 28 of the last 35 years, yet has failed to implement effective macroeconomic policies. The statement also criticized the significant influence of Pakistan's military in economic affairs, which poses risks to reform efforts. India warned that continued financial support could send a harmful message regarding the sponsorship of cross-border terrorism, undermining global values and exposing funding agencies to reputational risks.
Published: May 09 2025, 10 pmeznews.inThe Indian government has announced a significant reduction in the annual guarantee fee for start-ups in 27 champion sectors, lowering it from 2% to 1% per annum. This move is part of an expanded Credit Guarantee Scheme for Start-ups (CGSS), which aims to enhance lending confidence among financial institutions by doubling the guarantee cover per borrower from ₹10 crore to ₹20 crore. The scheme now offers 85% coverage for defaults on loans up to ₹10 crore and 75% for larger amounts. These initiatives are designed to stimulate financial flows, enabling start-ups to invest in research and development and foster innovation in manufacturing and services, as identified under the 'Make in India' initiative. Launched in 2016, the Startup India initiative aims to create a robust ecosystem for start-ups, with the CGSS introduced in October 2022 to support credit access through various financial institutions.
Published: May 09 2025, 10 pm
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