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In a significant breakthrough for conservation, the National Dairy Development Board (NDDB) has successfully birthed the first Punganur calf using advanced reproductive technologies at its Anand campus in Gujarat. The Punganur cow, revered for its rich milk and cultural significance in the Tirupati temple region, is one of the world's smallest indigenous cattle breeds, facing decline due to crossbreeding. The NDDB's initiative aims to revive this endangered breed through a structured conservation programme, employing techniques such as Ovum Pick-Up (OPU), In Vitro Fertilisation (IVF), and Embryo Transfer (ET). The calf was born to a surrogate Holstein-Friesian cross, marking a pivotal moment in the effort to protect this sacred breed. With government support and a focus on sustainable dairy economics, NDDB plans to scale its conservation efforts, targeting 66,000 confirmed pregnancies annually through its embryo technology programme, which has already yielded over 400 calves since 2018. 
Published: Dec 08 2025, 10 ameznews.inIndia's auto retail sales are projected to remain robust over the next three months, buoyed by the positive effects of GST 2.0 tax rationalisation, strong inquiry pipelines, and improving rural economic conditions, according to the Federation of Automobile Dealers Associations (FADA). Approximately 74% of dealers anticipate growth, driven by expected price hikes in January, new model launches for 2026, and heightened demand during the marriage season. In November, passenger vehicle sales surged by 20% year-on-year to 394,152 units, while three-wheeler sales rose by 24% to 133,951 units. However, two-wheeler sales saw a slight decline of 3% to 2,546,184 units, attributed to a shift in festive buying patterns and delayed crop payments. Overall, total vehicle sales increased by 2.14% year-on-year to 3,300,832 units, reflecting sustained consumer interest and effective dealer promotions.
Published: Dec 08 2025, 10 ameznews.inIn the latest financial report, the RBI Ombudsman revealed a significant rise in consumer complaints related to credit cards, with 50,811 grievances recorded in FY25, marking a 20% increase from FY24. This surge represents approximately 17% of the total complaints, which exceeded 296,000. The increase in credit card complaints, which accounted for just 13% of total grievances in FY23, reflects the aggressive marketing strategies of private banks, which generated 64% of these complaints. Analysts attribute this trend to a growing demand for credit cards, driven by their associated rewards and benefits. Meanwhile, complaints regarding mobile and electronic banking, as well as ATM and debit card issues, saw declines of 13% and 28%, respectively, indicating a maturation in consumer usage. Overall, complaints against banks constituted 81.5% of the total, with private sector banks experiencing the highest share of grievances.
Published: Dec 08 2025, 10 ameznews.inHyderabad's Rajiv Gandhi International Airport (RGIA) has been the target of three bomb threats concerning flights from various cities, including two international routes. Late on Sunday night, the airport received emails threatening British Airways flight BA 277 from Heathrow, Lufthansa flight LH 752 from Frankfurt, and IndiGo flight 6E 7178 from Kannur. Fortunately, all flights landed safely, with the international arrivals occurring in the early hours of Monday. In response to the threats, standard safety protocols were activated, which involved isolating the aircraft, screening passengers and baggage, and deploying fire engines and sniffer dogs. This incident follows a series of bomb threats received by RGIA last week, which included threats to an Emirates flight from Dubai and two IndiGo flights, one of which was diverted to Ahmedabad.
Published: Dec 08 2025, 10 ameznews.inIndiGo Airlines faced significant operational disruptions on Monday, with over 250 flights cancelled from Delhi and Bengaluru airports, marking the seventh consecutive day of cancellations. The Directorate General of Civil Aviation (DGCA) has extended the deadline for IndiGo's CEO Pieter Elbers and COO Isidro Porqueras to respond to a show cause notice regarding these operational failures, which the regulator attributes to lapses in planning and resource management. On Monday alone, 134 flights were cancelled at Delhi and 117 at Bengaluru. The airline has been under scrutiny since December 2, when it began cancelling flights due to new flight duty regulations, which have left many passengers stranded. Despite initially downplaying the situation, Elbers later issued an apology for the disruptions. The new regulations, which include increased rest periods for pilots, were implemented in phases following a court directive, with IndiGo receiving temporary relaxations until February 10.
Published: Dec 08 2025, 10 ameznews.inIn a significant development for India's shipbuilding industry, South Korea's HD Hyundai has signed a Memorandum of Understanding (MoU) to establish a shipyard in Thoothukudi, Tamil Nadu, during the Tamil Nadu Investment Conclave 2025 in Madurai. The project, initially dubbed the "SMITH Project" (Shipbuilding Make in India Together with Hyundai), is projected to involve an investment of nearly $2 billion. HD Hyundai's Vice President, Hannae Choi, emphasized the potential of Tamil Nadu as a hub for shipbuilding, highlighting its strategic location and skilled workforce. The initiative aligns with the state's broader economic goals, with Tamil Nadu's Chief Minister MK Stalin announcing that the government has secured investments totaling ₹11,83,000 crore since taking office, creating jobs for 34 lakh people. The event also saw the signing of 91 MoUs worth ₹36,600 crore, including significant investments from Reliance and other companies.
Published: Dec 07 2025, 6 pmeznews.inIndiGo's flight disruptions continued to impact travel across India on Sunday, with the airline operating approximately 1,650 flights, significantly down from its pre-crisis average of 2,300. Following a challenging Saturday where only 1,500 flights were managed, IndiGo reported an improvement in on-time performance, rising to 75% from 30%. The airline has implemented a full waiver for cancellations and rescheduling requests for bookings until December 15, 2025. In response to the widespread cancellations, the Ministry of Civil Aviation mandated that IndiGo process all refunds by 8 PM Sunday, with the airline already issuing Rs 610 crore in refunds. Meanwhile, the Centre issued a showcause notice to IndiGo's CEO Pieter Elbers regarding the disruptions, while other domestic airlines reported smooth operations. Despite the challenges, IndiGo's flight operations are gradually stabilizing, with a Crisis Management Group established to oversee recovery efforts.
Published: Dec 07 2025, 9 pmeznews.inTamil Nadu has unveiled its Toy Manufacturing Policy 2025, aiming to position the toy industry as a sunrise sector under the Tamil Nadu Industrial Policy (TNIP) 2021. Announced by Chief Minister MK Stalin at the Tamil Nadu Investors Conclave in Madurai, the policy seeks to attract both local and international toy manufacturers, particularly in high-end segments like electromechanical toys. To incentivize investment, projects exceeding ₹50 crore and creating at least 50 jobs will qualify for a special incentive package. The policy outlines varying subsidy rates based on district categories, with eligible units receiving fixed capital subsidies over a five to ten-year period. Additionally, the policy includes provisions for training subsidies, support for creative design studios, and assistance for traditional toy clusters seeking Geographical Indication (GI) tags. The MSME department will also facilitate the online marketing of artisanal products through major e-commerce platforms.
Published: Dec 07 2025, 8 pmeznews.inUnion Minister of Civil Aviation Kinjarapu Ram Mohan Naidu has vowed to hold IndiGo accountable for recent disruptions at airports, attributing the chaos to the airline's mismanagement of Flight Duty Time Limitations (FDTL) norms. In an interview with _businessline_, Naidu emphasized that regulatory action will follow an investigation into the matter, asserting that "no one is going scot free." To protect passengers, the government has implemented measures including fare caps and increased capacity from other airlines. Maximum fare limits have been set at ₹7,500 for routes up to 500 km, escalating to ₹18,000 for longer distances. While IndiGo anticipates stabilizing operations by mid-December, Naidu expects improvements sooner. The Directorate General of Civil Aviation has granted IndiGo a temporary exemption from FDTL to address severe rostering issues, and a show cause notice has been issued to CEO Pieter Elbers regarding potential violations.
Published: Dec 07 2025, 5 pmeznews.inThe Indian government is adopting a gradual approach to minority stake sales in Central Public Sector Enterprises (CPSEs) as part of its revenue strategy, according to a senior Finance Ministry official. This decision comes amid concerns over revenue fluctuations, particularly due to a slowdown in GST collection growth. The recent successful minority stake sale in Bank of Maharashtra, which saw bids nearly five times oversubscribed, exemplifies this strategy, allowing for minimal disruption and political backlash. The government plans to continue selling stakes in CPSEs to meet the Minimum Public Shareholding norm of 25%. With 66 CPSEs and 16 public financial institutions listed, the government holds significant share value, providing ample opportunity for revenue generation. The focus has shifted from mere divestment to value creation, with the Department of Investment and Public Asset Management (DIPAM) emphasizing more Offer for Sale (OFS) transactions and potential IPOs in the future.
Published: Dec 07 2025, 4 pm
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