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Suman Bery, Vice Chairman of NITI Aayog, called for a comprehensive review of India's energy market structure during a keynote address at a CII energy security conference. He emphasized the need to move beyond the traditional dominance of public sector enterprises in the hydrocarbon and power sectors, advocating for a balanced mix of public and private participation to enhance energy efficiency and innovation. Bery highlighted that energy security encompasses not just supply but also affordability, diversification, and resilience, urging a focus on existing technologies like solar and hydrogen. He stressed the importance of aligning India's climate commitments with domestic affordability and industrial competitiveness, while also addressing the geopolitical challenges that affect energy security. Bery concluded that the real test lies in scaling new technologies without imposing high costs, as the global energy landscape undergoes significant transformation influenced by green transitions and geopolitical dynamics. 
Published: Nov 14 2025, 10 ameznews.inThe Greenfield Airport at Bhogapuram is set to be completed ahead of schedule, with operations expected to commence by June 2026, according to G M Rao, Chairman of GMR Group. Speaking at the Andhra Pradesh CII Partnership Summit 2025, Rao announced plans for an integrated aerospace facility spanning 500 acres in Bhogapuram, which will include maintenance, repair, and overhaul (MRO) services. He emphasized that this development will significantly enhance the pre-aerospace economy in Andhra Pradesh and unlock substantial economic growth potential in the region. Rao also highlighted Visakhapatnam's emerging status as the economic capital of the state, recalling the pivotal role played by former Chief Minister N. Chandrababu Naidu in establishing the first Greenfield airport in India at Hyderabad. The announcement marks a significant step forward for infrastructure and economic development in Andhra Pradesh.
Published: Nov 14 2025, 10 ameznews.inAccording to the Indian Blue Book Survey, nearly half of car buyers in India now prefer SUVs, with the pre-owned car market projected to grow from 5.9 million units in FY25 to 9.5 million by 2030, reflecting a 10% annual increase. SUVs and compact SUVs have surged to dominate over half of the used car market, a significant rise from 23% four years ago, with average selling prices increasing by 36%. Notably, demand is particularly strong in non-metro areas, where 68% of buyers express a willingness to repurchase used vehicles. Volkswagen India's Brand Director, Nitin Kohli, emphasized that consumers are increasingly discerning, prioritizing safety and reliability, which has bolstered the popularity of certified pre-owned vehicles. The survey also revealed that 42% of consumers are inclined to buy the same brand again, with over 70% preferring organized dealers for their superior service and vehicle quality.
Published: Nov 14 2025, 10 ameznews.inProtests by sugarcane farmers in Karnataka's Bagalkot district escalated into violence on Thursday, as over 15 tractor trolleys loaded with sugarcane were reportedly set ablaze near the Godavari Biorefineries Ltd factory in Sameerwadi. The unrest erupted when approximately 300 farmers demonstrated outside the factory, demanding a price of ₹3500 per tonne for their sugarcane, excluding harvest and transportation costs. Sugar factories, however, have maintained they can only offer ₹3200 per tonne, citing financial constraints. Following government intervention, a compromise price of ₹3300 per tonne was established, with the state contributing ₹50 and millers adding another ₹50. While some farmers accepted this resolution, protests continued in Bagalkot. Karnataka, the third-largest sugarcane producer in India, is expected to see increased production this year, with crushing projected to surpass 6 crore tonnes, up from 5.6 crore tonnes last year.
Published: Nov 14 2025, 10 ameznews.inIndian banks are increasingly optimistic about the renewable energy (RE) sector, with outstanding loans more than doubling year-on-year to ₹14,842 crore as of September 2025, compared to ₹6,778 crore the previous year. This growth significantly surpasses that of other priority sectors such as agriculture, MSMEs, and housing. Industry experts attribute this surge to a robust acceleration in project execution, aided by GST reductions and a favorable policy environment that has enabled previously stalled projects to move forward. Notably, the overall installed RE capacity in India reached approximately 2 lakh Mega Watt (MW) by October 2025, with 27,927 MW added in the first half of FY26. Experts emphasize that the rise in financing reflects expanding execution rather than cost inflation, as input costs have stabilized, allowing developers to optimize project expenses. If the pace of under-construction projects continues, loan growth is expected to remain strong.
Published: Nov 14 2025, 6 ameznews.inThe Indian government has released a draft Seeds Bill aimed at reforming the seed industry, inviting public feedback until December 11. This legislation seeks to replace the outdated Seeds Act of 1966 and the Seeds (Control) Order of 1983, introducing measures to ensure the availability of high-quality seeds while penalising the sale of spurious varieties with fines ranging from ₹50,000 to ₹30 lakh. The Bill proposes to decriminalise minor offences to ease business operations, while maintaining strict penalties for serious violations. It defines various offences, including trivial and minor infractions, and outlines a structured penalty system. The draft also retains the Central Seed Committee's role in the registration process, with plans for a new Registration Sub-Committee to evaluate seed variety applications. Experts have described the Bill as growth-oriented, aiming to protect farmers and promote innovation in the seed sector.
Published: Nov 13 2025, 8 pmeznews.inIndia and Canada have taken significant steps to strengthen their economic partnership during the 7th India-Canada Ministerial Dialogue on Trade and Investment held in New Delhi. Union Minister Piyush Goyal and Canadian Minister of International Trade Maninder Sidhu co-chaired the discussions, which aimed to enhance bilateral trade and investment, particularly in nutrition, health, and supply chain resilience. This dialogue marks a thaw in relations following a two-year diplomatic standoff triggered by accusations against Indian officials regarding the killing of a Sikh separatist leader in Canada. The ministers reviewed recent trade policies and expressed interest in resuming suspended free trade agreement talks. With bilateral trade reaching $18.38 billion in 2023, both sides emphasized the importance of fostering a transparent business environment and exploring new opportunities in sectors like energy, clean technology, and agriculture to ensure mutual prosperity.
Published: Nov 13 2025, 9 pmeznews.inRallis India, a Tata enterprise in the agri-inputs sector, has announced a partnership with Paryan Alliance Pvt Ltd to introduce FullPage, a next-generation rice technology aimed at enhancing productivity and improving weed control for Indian farmers. Set to begin limited commercial sales in the Kharif season of 2026, FullPage integrates advanced herbicide-tolerant seeds with compatible crop protection solutions and tailored agronomic practices. This innovative system supports direct-seeded rice cultivation, which is expected to reduce water usage, lower methane emissions, and improve resource efficiency compared to traditional transplanting methods. With rice being India's largest cultivated crop, covering over 44 million hectares, the FullPage technology seeks to address challenges such as water scarcity, rising labor costs, and weed management. Rallis plans to conduct pilot demonstrations across key agronomic states to gather data on agronomic performance before scaling up access for farmers.
Published: Nov 13 2025, 9 pmeznews.inTVS Supply Chain Solutions Ltd, based in Chennai, has reported a significant 54% increase in net profit, reaching ₹16 crore for the second quarter ending September 30, 2025, compared to ₹11 crore in the same period last year. This growth is attributed to strong operational execution, cost efficiencies, and sustained momentum across key business verticals. Consolidated revenue for Q2 FY26 rose by 6% year-on-year to ₹2,663 crore. Managing Director Ravi Viswanathan highlighted a robust growth trajectory, with the business pipeline expanding to over ₹6,200 crore and securing ₹204 crore in new business this quarter. Global CFO R Vaidhyanathan noted the company achieved its second consecutive quarter of profit after tax, despite challenges in the GFS segment, and emphasized improved cash flow generation, with operations generating ₹105 crore in H1 FY26. The company's shares closed at ₹125.61, up by ₹0.37 on the NSE.
Published: Nov 13 2025, 8 pmeznews.inExporters in India are urging the government to swiftly implement the ₹25,000 crore Export Promotion Mission (EPM), recently approved by the Union Cabinet, to counteract the adverse effects of US tariffs. They seek immediate guidelines to facilitate timely benefits through digitisation, as previous delays in reimbursements have hindered growth. Experts express concern that the EPM's annual allocation of ₹4,200 crore may be inadequate, particularly given last year's interest equalisation scheme costs exceeding ₹3,500 crore. Industry leaders, including Sanjay Jain and Ajay Sahai, emphasize the need for clear policy announcements and automated processes to ensure effective implementation. The EPM aims to provide affordable trade finance for MSMEs, but details remain scarce, leaving exporters anxious for clarity on key schemes. With hopes for a US trade deal coinciding with the EPM's launch, stakeholders are optimistic yet cautious about the mission's potential impact on sectors like textiles and leather.
Published: Nov 13 2025, 8 pm
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