eznews.inLarsen & Toubro (L&T) has entered a strategic partnership with US-based General Atomics Aeronautical Systems, Inc. (GA-ASI) to manufacture Medium Altitude Long Endurance (MALE) Remotely Piloted Aircraft Systems (RPAS) in India for the Indian armed forces. This collaboration combines GA-ASI's expertise in unmanned aerial systems with L&T's engineering and manufacturing capabilities. L&T will act as the prime bidder for the Ministry of Defence's upcoming 87 MALE RPAS programme, with GA-ASI providing technological support. The partnership aims to produce GA-ASI's MQ-series RPAS platforms entirely in India, aligning with the government's Atmanirbhar Bharat and Make in India initiatives. S. N. Subrahmanyan, L&T's Chairman, emphasized the opportunity to enhance India's defence capabilities, while Dr. Vivek Lall of GA-ASI highlighted the commitment to India's self-reliance vision. The Indian Army has also earmarked $250 million for enhancing its firepower and air defence systems. 
Published: Oct 31 2025, 3 pmeznews.inDhanuka Agritech Ltd has reported a 20% decline in net profit for the second quarter of the 2025-26 fiscal year, with earnings falling to ₹93.96 crore from ₹117.51 crore in the same period last year. The agro-chemicals firm attributed this drop to lower sales, as total income also decreased by 9% to ₹604.56 crore, down from ₹665.07 crore in the previous year. Despite the decline in profits and income, the company's expenses were reduced to ₹478.59 crore, compared to ₹508.42 crore in the corresponding quarter of the previous fiscal year. The financial results were disclosed in a regulatory filing on October 31, 2025, highlighting the challenges faced by the company amid a competitive market environment.
Published: Oct 31 2025, 3 pmeznews.inA study by researchers from the Indian Institute of Technology Gandhinagar has revealed that heat stress from outdoor work may have led to a 10% decline in productivity among migrant workers in India over the past 40 years. The research, published in the journal Earth's Future, highlights that rural-to-urban migration hotspots in northern, eastern, and southern India have experienced significant increases in humidity from 1980 to 2021, exacerbating indoor heat stress. Major urban centres like Mumbai, Delhi, Kolkata, and Hyderabad, which host up to 10 million migrants, are particularly affected. The study warns that with each additional degree of global warming, the capacity for physical labour among these workers could diminish further, with productivity losses of up to 35% noted in areas like Chennai when wet bulb temperatures exceed 28 degrees Celsius. The findings underscore the urgent need to address the impacts of climate change on vulnerable populations.
Published: Oct 31 2025, 3 pmeznews.inSingapore Airlines (SIA) has reaffirmed its commitment to support Air India, where it holds a significant minority stake, amid reports that the struggling airline is seeking over ₹10,000 crore from both Tata Sons and SIA. The loss-making carrier, co-owned by Tata Sons and SIA, is currently navigating various challenges, including increased operational costs due to the closure of Pakistan's airspace, which is expected to result in a ₹4,000 crore loss. A spokesperson for SIA stated that the airline is collaborating closely with Tata Sons to aid Air India's transformation efforts, although specific funding details were not disclosed. Air India, which has been under Tata Group's management since January 2022, is undergoing a five-year overhaul plan following a merger with Vistara in November 2024. CEO Campbell Wilson highlighted ongoing uncertainties in global travel demand as a significant concern for the airline's future.
Published: Oct 31 2025, 3 pmeznews.inNeptunus Power Plant Services Pvt Ltd has signed a memorandum of understanding (MoU) with the Indian Register of Shipping (IRS) during Maritime India Week 2025, aimed at advancing indigenous marine engine condition-monitoring technology under the 'Make in India' initiative. This strategic collaboration seeks to integrate data-driven maintenance and digital diagnostics into India's shipping sector, marking a significant step in maritime innovation through local research and manufacturing. The IRS has granted Type Approval Certification for Neptunus's VIB 360 Engine Condition Monitoring System and Torque Sense SHAPOLI, making them the first IRS-certified, indigenously developed technologies for marine diesel engines. This shift from traditional maintenance practices to Condition-Based Maintenance (CBM) is expected to reduce maintenance costs by up to 30%, enhance reliability, and improve fuel efficiency, thereby lowering emissions. Uday Purohit, Managing Director of Neptunus, emphasized the potential of Indian engineering to influence the global maritime landscape.
Published: Oct 31 2025, 3 pmeznews.inDelhi's Indira Gandhi International Airport is set to enhance its international passenger capacity at Terminal 3 (T3) from two crore to over three crore annually by December 2025. This expansion is driven by the increasing international travel demand and the growth of India-based airlines. DIAL's Chief Executive, Videh Kumar Jaipuriar, announced that Pier C will be converted from domestic to international use to accommodate this surge in traffic. The airport handled approximately 5.8 crore passengers in FY25, with 2.2 crore being international travelers. Concurrently, the newly refurbished Terminal 2 (T2) has been reopened, redistributing domestic flights and improving operational efficiency. This strategic move aims to position Delhi Airport as a major hub, facilitating seamless connections between domestic and international flights, and reducing reliance on foreign transit points. The goal is to elevate India's airport competitiveness to match global standards set by hubs in Dubai and Singapore.
Published: Oct 31 2025, 1 pmeznews.inIn the latest tea auction in Kochi, erratic weather conditions have led to reduced tea arrivals, impacting the quantities offered and driving up prices for certain categories. Auctioneers Forbes, Ewart & Figgis reported that 640,810 kg of CTC dust was offered, with a remarkable 94% sales rate, while blenders accounted for 65% of the total sold. Anil George, chairman of the Tea Trade Association of Cochin, highlighted a positive sales momentum, noting participation from 156 bidders, the highest in recent weeks, indicating strong market confidence, particularly from West Asia and CIS countries. In contrast, the orthodox whole leaf category saw a slight decline in prices due to reduced interest from the Middle East. Overall, the auction saw 92% sales in orthodox leaf, while CTC leaf maintained steady demand for good and medium brokens, with 90% of the 39,500 kg offered sold.
Published: Oct 31 2025, 10 ameznews.inMaharashtra Chief Minister Devendra Fadnavis announced on Friday that the state government will decide on a farm loan waiver by June 30, 2026, following a meeting with protesting farmers at the Sahyadri Guest House in Mumbai. A committee has been established to provide recommendations on the waiver, which will be submitted by April 2026. Fadnavis emphasized the urgency of distributing a ₹32,000-crore relief package to assist farmers affected by natural calamities, with ₹8,000 crore already deposited and an additional ₹18,500 crore expected to be transferred soon. He reiterated the government's commitment to fulfilling its election manifesto promise of a loan waiver, while also seeking long-term solutions. The meeting included Deputy Chief Ministers Eknath Shinde and Ajit Pawar, as well as farmer leaders like Bachchu Kadu and Raju Shetti, with plans for further discussions next week.
Published: Oct 31 2025, 10 ameznews.inIndia's copper demand surged by 9.3% year-on-year in the 2024-25 fiscal year, reaching 1.87 million tonnes, according to the International Copper Association India (ICA India). This growth was primarily driven by the construction, consumer durables, and infrastructure sectors, with building construction and infrastructure witnessing year-on-year increases of 11% and 17%, respectively. The renewable energy sector also saw significant capacity additions, while consumer durables, particularly air conditioners and refrigerators, experienced a 19% rise in demand. The automotive sector's demand grew by 5%, bolstered by a 16% increase in electric vehicle sales. Domestic cathode production rose by 10%, and the share of secondary copper increased to 42% of total demand. However, ICA India’s Managing Director, Mayur Karmarkar, emphasized the need for India to enhance its copper reserves and domestic supply chains to support its long-term development goals.
Published: Oct 31 2025, 9 ameznews.inCyclone Montha has severely impacted cotton-growing regions in Telangana and Andhra Pradesh, submerging fields and damaging crops just before harvest. The cyclone's heavy rains have not only affected cotton but also paddy, soya, and maize, with preliminary estimates indicating losses of 1.81 lakh hectares in Telangana alone. Farmers are particularly concerned about high moisture levels in their cotton, which could force them to sell below the minimum support price, as the Cotton Corporation of India requires moisture levels between 8-12 percent for purchases. The unseasonal rains have delayed harvests, leading to lower cotton arrivals across India and creating market uncertainty as the 2025-26 season begins. Reports indicate that daily arrivals have dropped to 70,000–90,000 bales, significantly below normal levels, while quality issues are prompting selective buying by spinners. The full extent of the damage may only become clear once the weather stabilizes.
Published: Oct 31 2025, 9 am
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