eznews.in
Prime Minister Narendra Modi, speaking at the inaugural session of India Energy Week in Goa, highlighted the country's growing demand for liquefied natural gas (LNG) and the vast investment opportunities it presents. He emphasized the need for development in shipping vessels, pipelines, and regasification infrastructure, alongside the deep-sea exploration initiative, Samudra Manthan Mission. Modi announced a ₹70,000 crore ship-building programme to support LNG transport and noted the ongoing expansion of city gas distribution networks. He projected that India aims to attract $100 billion in oil and gas investments by the decade's end, with over 170 exploration blocks already awarded. Modi also pointed out India's refining capacity, currently at 260 million tonnes per annum, with ambitions to surpass 300 million. He urged global investors to engage with India's energy sector, which he described as pivotal to the nation's growth, offering opportunities worth $500 billion under the banner of "Make in India." 
Published: Jan 27 2026, 12 pmeznews.inKhetiBuddy, an agri-tech startup, has unveiled Verdnt, an enterprise SaaS platform aimed at enhancing the operational efficiency of mid-to-large agribusinesses navigating complex supply chains. The platform serves as a comprehensive data backbone, integrating agronomy, operations, and sustainability workflows, thereby facilitating a shift from retrospective reporting to proactive, data-driven decision-making. Verdnt is tailored for food and beverage companies, agri-input firms, and large enterprises that require visibility into farm data for operational and regulatory purposes. Its AI capabilities leverage structured information from farm operations and sustainability metrics, enabling gradual application in risk identification and decision support while ensuring transparency. Following successful pilots in North America and Europe, Verdnt has demonstrated its capacity to merge farm and sustainability data into enterprise systems. Founder and CEO Vinay Nair emphasized that Verdnt aims to embed farm intelligence into core business operations, transforming data into actionable insights.
Published: Jan 27 2026, 1 pmeznews.inA minor fire occurred at the city airport on Tuesday, prompting a swift response from officials, who reported no damage from the incident. Preliminary investigations revealed that a spark ignited smoke in a staff canteen located in the international departure area. Fortunately, the situation was quickly managed, and air traffic operations remained unaffected throughout the event. Authorities reassured the public that safety protocols were effectively implemented, ensuring the airport continued to function normally. The incident highlights the importance of prompt emergency responses in maintaining safety at busy transport hubs.
Published: Jan 27 2026, 1 pmeznews.inUnion Minister Hardeep Singh Puri underscored the vital importance of conventional energy for emerging and developing economies during his address at the India Energy Week in Goa. He noted that nearly 80% of the global energy demand increase is driven by these regions, particularly developing Asia, where energy needs are set to rise due to greater access to mobility and digital services. Puri highlighted the ongoing challenges in the global energy landscape, exacerbated by geopolitical tensions, and pointed out that around 730 million people still lack electricity. He emphasized that while renewable energy has seen significant growth, conventional energy remains crucial, warning that halting investments in oil and gas could lead to an 8% annual decline in global oil output. Puri called for a balanced approach to energy transition, advocating for cooperation and innovation to ensure a secure and inclusive energy future, particularly as India’s per capita energy consumption remains below the global average.
Published: Jan 27 2026, 1 pmeznews.inAXISCADES Technologies Limited has entered into a strategic partnership with OGMA – Indústria Aeronáutica de Portugal, a subsidiary of Embraer, to enhance aerospace maintenance, repair, and overhaul (MRO) services for aircraft fleets in India. This collaboration will focus on Embraer’s Indian fleet, which includes VVIP, VIP, and commercial aircraft, as well as airborne early warning platforms. The Bengaluru-based firm will leverage its expertise in avionics, radar, and electronic warfare alongside OGMA’s extensive MRO experience. The partnership aims to explore business opportunities in India, the UAE, and the broader Middle East and North Africa region, utilizing OGMA’s connections with major manufacturers like Airbus Defence and Rolls-Royce. AXISCADES is also developing a comprehensive aerospace and defence facility near Bengaluru International Airport. Both companies emphasize their commitment to supporting India's self-reliance objectives while expanding their global footprint. AXISCADES shares were trading at ₹1,139, down 1.16 percent on the NSE.
Published: Jan 27 2026, 12 pmeznews.inAdani Group and Brazilian aerospace giant Embraer have announced a strategic partnership to establish a regional aircraft manufacturing facility in India, enhancing the country's indigenous manufacturing capabilities. The collaboration, formalized through a Memorandum of Understanding at the civil aviation ministry, aims to improve air connectivity to Tier 2 and 3 cities, with plans for a Final Assembly Line for Embraer's regional jets. Adani Defence & Aerospace Director Jeet Adani emphasized the significance of this venture, which aligns with India's push for self-reliance in manufacturing. Civil Aviation Secretary Samir Kumar Sinha highlighted the initiative's potential for technology transfer and robust supply chains. While specific investment details and site locations remain undisclosed, the partnership is expected to cater to the growing demand for regional transport aircraft in India and the broader South Asian market. Embraer anticipates a need for at least 500 aircraft in the 80 to 146 seat range over the next two decades.
Published: Jan 27 2026, 12 pmeznews.inThe Jawaharlal Nehru Port Authority (JNPA) Special Economic Zone (SEZ) has reported a significant 27% year-on-year increase in export-import (EXIM) container volumes for the calendar year 2025. The SEZ handled 20,693 twenty-foot equivalent units (TEUs) in 2025, up from 16,312 TEUs in 2024, according to an official release issued on Tuesday. JNPA Chairperson Gaurav Dayal attributed this growth to the heightened confidence of trade and industry in the SEZ's infrastructure and facilitation systems. Spanning 277.38 hectares, the SEZ has 129.73 hectares leased and 34.16 hectares available for future leasing. Currently, it hosts 11 operational units and one Free Trade Warehousing Zone (FTWZ), underscoring its expanding role in the region's economic landscape. The announcement was made public on January 27, 2026.
Published: Jan 27 2026, 12 pmeznews.inIn a significant development, Prime Minister Narendra Modi announced that India and the European Union have finalized a comprehensive free trade agreement, dubbed the "mother of all deals." Speaking at the India Energy Week, Modi emphasized that this pact will unlock substantial economic opportunities for over 1.9 billion people across both regions. The formal announcement will take place during the upcoming India-EU Summit, featuring EU President Ursula von der Leyen and European Council President Antonio Costa. Modi highlighted that the agreement, which encompasses 25% of global GDP and one-third of global trade, reinforces the shared commitment to democracy and the rule of law. Indian exporters, particularly in textiles, leather, and chemicals, are expected to benefit significantly from reduced tariffs, while EU exporters, especially in the automotive and wine sectors, will gain improved market access, albeit with certain restrictions.
Published: Jan 27 2026, 11 ameznews.inAir India Express has cancelled approximately 50 flights to and from Srinagar International Airport due to heavy snowfall in Kashmir, officials reported on Tuesday. The adverse weather conditions have led to the cancellation of 25 inbound and 25 outbound flights, with further disruptions expected as snowfall continues. Four additional flights scheduled to arrive at the airport are also unlikely to operate. Passengers have been advised to stay in contact with their airlines for updates and alternative arrangements. The cancellations have left hundreds of tourists stranded, many of whom were set to return home after enjoying the weekend and Republic Day holiday in the region. The situation highlights the impact of severe weather on travel plans in the Valley.
Published: Jan 27 2026, 10 ameznews.inCanada and India are set to enhance their energy trade ties, marking a significant step in their diplomatic relationship following recent tensions. During a meeting at India Energy Week in Goa, Canadian Energy Minister Tim Hodgson and Indian Petroleum Minister Hardeep Singh Puri announced plans for Canada to increase exports of crude oil, liquefied natural gas, and liquefied petroleum gas to India, while India will supply more refined petroleum products to Canada. This renewed collaboration aims to revive a previously dormant ministerial energy dialogue, which had stalled amid a dispute over the killing of a Canadian Sikh activist. Prime Minister Mark Carney's government is keen to diversify Canada's export markets, particularly in energy, as trade tensions with the US escalate. The two nations will also explore investments in hydrogen, biofuels, and critical minerals, highlighting the strategic value of their energy partnership. Carney is expected to visit India soon to further these discussions.
Published: Jan 27 2026, 10 am
For the fastest, latest, not so wokest news, 'experts say' you need to visit Eznews
India
World
Economy
Science
Health
Showbiz
Contact