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Beauty and fashion platforms are increasingly focusing on rapid delivery services to meet the growing demand for convenience among urban consumers. Myntra's M-Now, launched a year ago, has attracted over 35 million unique visitors and currently operates 80 dark stores across major cities like Bengaluru, Mumbai, and Delhi NCR, contributing to 10% of orders in these areas. CEO Nandita Sinha highlighted M-Now's role in enhancing shopping experiences for digital-first consumers seeking premium fashion. Meanwhile, Nykaa's rapid delivery service, Nykaa Now, is expanding its market share in personal care with 53 rapid stores across seven cities, processing orders within 30 to 75 minutes. Anchit Nayar, CEO of FSN E-Commerce Ventures, noted that Nykaa Now has fulfilled 2 million orders recently, offering a wide range of products from FMCG to luxury brands. Both platforms are leveraging technology to cater to evolving consumer needs in the fast-paced e-commerce landscape. 
Published: Nov 21 2025, 3 pmeznews.inTeck Wah Koh, President of the Asia and Pacific Seed Association (APSA), highlighted significant investment prospects in India's seed industry during the Asian Seed Congress 2025 in Mumbai, attended by representatives from over 50 countries. He emphasized that forthcoming enhancements to India's intellectual property rights framework would bolster investment, positioning the nation as a global seed industry hub and enhancing food security. The Congress facilitated extensive exchanges of seeds and technologies, attracting over 1,200 delegates and resulting in more than 3,500 business meetings. M. Prabhakar Rao, President of the National Seed Association of India, noted the event's positive impact on India's seed export ambitions, while APSA Vice President Takahiro Ando praised the successful collaboration among seed entrepreneurs. The Congress, which focused on the future of the seed sector and its implications for agriculture, is set to conclude with field visits for delegates.
Published: Nov 21 2025, 3 pmeznews.inIn a significant reform for the maritime sector, the Directorate General of Shipping (DGS) has announced the discontinuation of a longstanding requirement for Indian seafarers to sign-on and sign-off shore leave passes (SLP) when operating in Indian waters. This landmark decision, hailed by DGS officials, aims to eliminate unnecessary delays and duplication of checks, saving thousands of waiting hours for seafarers. Under the new regulation, crew members will no longer need to undergo immigration checks at ports, aligning their treatment with that of ordinary Indian citizens boarding domestic cruise ships. The DGS emphasized that existing oversight by Indian authorities, such as the Coast Guard, renders additional immigration checks redundant, thereby enhancing operational efficiency for coastal vessels. Industry experts have welcomed the change, noting it addresses long-standing demands and improves emergency response capabilities for seafarers.
Published: Nov 21 2025, 3 pmeznews.inIn Tiruppur, known as the "knitwear capital of India," over 22,000 companies employ around 1 million workers in the knitwear sector. However, the industry is facing challenges due to US tariffs impacting textile units. In response, a meeting was held on Thursday between trade union representatives and manufacturers to initiate a new wage agreement, as the previous settlement, signed in September 2021, is set to expire in 2025. Negotiations are expected to take 5-6 months, focusing on the tariff effects and ongoing India-US trade discussions. KM Subramanian, Chairman of the Joint Committee, indicated that unions will present their wage-hike demands in the next round of talks scheduled for early December. Meanwhile, MP Muthurathinam, President of the Tiruppur Exporters and Manufacturers Association, urged unions to consider the challenges posed by increased imports from Bangladesh and other market pressures.
Published: Nov 21 2025, 3 pmeznews.inIn a significant discovery, scientists from the ICAR–Central Marine Fisheries Research Institute (CMFRI) have identified a new species of deep-sea squid, named *Taningia silasii* or the Indian octopus squid, from the Arabian Sea. Collected from a depth of 390 metres off the Kollam coast, this squid measures 45 cm in dorsal mantle length and is only the second confirmed species in the rare genus *Taningia*, previously represented solely by *T. danae* found in Atlantic waters. The research team, led by Principal Scientist Geetha Sasikumar and Technical Officer Sajikumar K K, has been studying cephalopods in the region for over a decade. Notably, the species is named in honour of E.G. Silas, a pioneering marine biologist in India. The findings were published in the journal *Marine Biodiversity* on November 21, 2025.
Published: Nov 21 2025, 3 pmeznews.inRetailers in India experienced an 11% growth during the 87-day festive period from August 1 to October 26, 2025, according to a survey by the Retailers’ Association of India (RAI). This increase is attributed to heightened consumer spending during festivals and recent GST rate cuts. The quick service restaurant sector emerged as the top performer, growing by 15%, while furniture and furnishings saw a 13% rise, driven by home improvement purchases. Other categories, including food and grocery, jewellery, and footwear, each recorded a 12% increase. Regional growth varied, with Western India leading at 13%. RAI's CEO, Kumar Rajgopalan, noted that consumers showed a preference for value-driven products, particularly those priced below ₹2,500, while higher-priced items faced reduced demand due to increased GST rates. The retail sector's performance will be closely monitored as it approaches the wedding season and end-of-season sales.
Published: Nov 21 2025, 2 pmeznews.inIn a recent update, the US Climate Prediction Center (CPC) reported that La Niña conditions have emerged, characterized by below-average sea surface temperatures (SSTs) across the central and eastern Pacific, while slightly above-average SSTs were noted in the far western Pacific. This weather pattern, which typically brings heavy rainfall to Asia and drought to the Americas, is expected to persist through the northern hemisphere winter. The India Meteorological Department (IMD) noted that neutral El Niño-Southern Oscillation (ENSO) conditions currently prevail, but forecasts indicate a likelihood of La Niña conditions intensifying in the coming months. Additionally, negative Indian Ocean Dipole (IOD) conditions are anticipated to continue post-monsoon. The CPC predicts a shift towards ENSO-neutral conditions between January and March 2026, with significant implications for global weather patterns, particularly in India, where rainfall patterns may be affected.
Published: Nov 21 2025, 2 pmeznews.inIndiGo, India's leading domestic airline, has announced an investment of $820 million (approximately ₹7,270 crore) in its subsidiary, InterGlobe Aviation Financial Services IFSC Private Limited, aimed at aircraft acquisition. The investment will be executed through a mix of equity shares and 0.01% non-cumulative optionally convertible redeemable preference shares (OCRPS) in multiple tranches. The funds raised will primarily facilitate the acquisition of aviation assets, enhancing the airline's ownership of aircraft. As of November 21, IndiGo's fleet comprises 411 aircraft, with 365 currently in operation and 46 grounded, according to data from planespotter.net. This strategic move underscores IndiGo's commitment to expanding its operational capacity and strengthening its market position in the competitive aviation sector.
Published: Nov 21 2025, 2 pmeznews.inIn a notable shift within India's maritime administration, Sunil Paliwal has been appointed as the new chairman of the Inland Waterways Authority of India (IWAI), succeeding Vijay Kumar, who has transitioned to the role of Shipping Secretary. Paliwal, who previously served as Chairperson of the Chennai Port Authority and held significant positions in the Tamil Nadu government, including Managing Director of the Chennai Metropolitan Water Supply and Sewerage Board, will assume his new role at the rank and pay of Secretary to the Government of India, following a temporary upgrade of the position. This appointment was confirmed by a notification from the Appointments Committee of the Cabinet, part of the Ministry of Personnel, Public Grievances and Pensions. The changes come as part of a broader restructuring within the Indian shipping sector, following the retirement of TK Ramachandran.
Published: Nov 21 2025, 1 pmeznews.inIndia has launched an anti-dumping investigation into the alleged dumping of polyester textured yarn by Chinese companies, following complaints from domestic firms, including Reliance Industries Ltd. The Directorate General of Trade Remedies (DGTR) stated that Reliance and Wellknown Polyester claimed that the influx of cheap imports from China has inflicted material injury on the domestic industry, prompting their request for an anti-dumping duty. The DGTR has initiated the probe based on the substantiated evidence provided by the applicants. If the investigation confirms that the dumping has harmed local producers, the DGTR will recommend imposing duties, with the final decision resting with the Finance Ministry. This move aligns with India's ongoing efforts to address the widening trade deficit with China, which reached $100 billion in 2024-25, and reflects the country's commitment to fair trading practices under World Trade Organisation guidelines.
Published: Nov 21 2025, 11 am
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