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In a mixed day for Indian markets, the SENSEX closed at 81,575.66, down 57.36 points, while the NIFTY fell by 26.25 points to settle at 24,807.35. Commodity prices also saw declines, with crude oil dropping by 29.00 to 5,186.00, gold decreasing by 561.00 to 94,828.00, and silver falling by 956.00 to 96,870.00. Meanwhile, trade negotiations between India and the United States are progressing, with a US delegation scheduled to visit New Delhi from June 5-6 to discuss a potential interim trade agreement ahead of a July 9 deadline. Indian Commerce Minister Piyush Goyal recently described his talks with US counterpart Howard Lutnick as constructive. The discussions come in the wake of a US court ruling that deemed President Donald Trump’s global tariffs illegal, complicating the trade landscape further. 
Published: May 30 2025, 10 ameznews.inForeign investment in Indian markets surged to a record high in May 2025, with net foreign portfolio investment (FPI) inflows reaching ₹19,860 crore, marking the best month of the year, according to the National Securities Depository Ltd. (NSDL). During the week of May 26-30, foreign investors maintained their buying trend, resulting in a net inflow of ₹6,024.77 crore, despite a slight outflow on Friday. However, overall FPI for the year remains negative, with net outflows of ₹92,491 crore from January to May. The rebound in May is attributed to a weaker US dollar and a more favorable outlook for the Indian stock market, driven by strong economic fundamentals. Analysts suggest that while geopolitical tensions caused mid-month volatility, renewed optimism among foreign investors could signal a potential turnaround, contingent on stable global conditions. Market participants are now keenly watching upcoming economic data and global monetary policies for further trends.
Published: May 31 2025, 12 pmeznews.inGirish Aggarwal, managing director of Gujarat Pipavav Port Ltd, has downplayed concerns regarding competition from the upcoming Vadhvan container port in Maharashtra, asserting that both Mundra and Pipavav ports will remain the most cost-effective options for hinterland connectivity. During a recent earnings call, Aggarwal emphasized that North India's landlocked geography ensures that Pipavav and Mundra will continue to attract local cargo, which he believes cannot be diverted to Vadhvan or Nhava Sheva. APM Terminals, which operates Pipavav and has a 4% share of India's container market, reported a 14.1% decline in container handling, with 694,000 TEUs processed in FY 2025. The company is also set to begin work on a new liquid jetty, expected to be operational by 2026-27, while a proposed expressway from Deesa to Pipavav aims to boost cargo volumes in the future.
Published: May 31 2025, 3 pmeznews.inIndiGo has announced the launch of daily direct flights between Mumbai and Adampur, effective July 2, 2025, marking Adampur as the airline's 92nd domestic station. This new route aims to enhance regional connectivity and stimulate economic growth by providing easier access for Punjab's agricultural and industrial sectors to Mumbai's major ports. The flights are designed to cater to both business and leisure travelers, facilitating trade and job creation while strengthening cultural ties between northern and western India. Vinay Malhotra, IndiGo's Head of Global Sales, emphasized the airline's commitment to improving regional connectivity and promoting Punjab's rich cultural heritage. Adampur, strategically located in Jalandhar district, is home to the historic Adampur Air Force Station and offers various attractions, making it an ideal base for exploring Punjab. Mumbai, India's financial capital, serves as a vibrant hub for commerce, entertainment, and culture, further enhancing the significance of this new route.
Published: May 31 2025, 3 pmeznews.inForeign investment in Indian markets surged to a record high in May 2025, with net foreign portfolio investment (FPI) inflows reaching ₹19,860 crore, marking the month as the best-performing of the year, according to the National Securities Depository Ltd (NSDL). During the week of May 26-30, foreign investors maintained their buying momentum, contributing a net inflow of ₹6,024.77 crore, despite a slight outflow of ₹1,758.23 crore on Friday. However, overall FPI for 2025 remains negative, with net outflows totaling ₹92,491 crore from January to May. Analysts attribute the May rebound to a weaker US dollar and a more favorable outlook for the Indian stock market, suggesting a potential shift in foreign investor sentiment. Despite a cautious start to the year, the positive trend in May could signal a reversal if global conditions stabilize. On the last trading day of May, the Sensex and Nifty 50 both closed lower amid mixed global cues.
Published: May 31 2025, 12 pmeznews.inThe Indian government has approved an additional tax devolution instalment of ₹81,735 crore to states, set to be released on June 2, 2025. This amount is supplementary to the regular monthly instalment of the same sum, scheduled for release on June 10, 2025. The finance ministry emphasized that this move aligns with the principles of cooperative federalism and the vision of achieving 'Viksit Bharat' by 2047. The additional funds are expected to enhance states' capital spending, support development and welfare initiatives, and provide resources for priority projects. Currently, 41% of the taxes collected by the central government are devolved to states in instalments throughout the fiscal year, underscoring the government's commitment to empowering state-level governance and development.
Published: May 31 2025, 12 pmeznews.inUnion Finance Minister Nirmala Sitharaman met with Asian Development Bank (ADB) President Masato Kanda in New Delhi, where Kanda announced the bank's commitment to provide up to $4.5 billion in sovereign lending to India annually. This funding aims to support Prime Minister Narendra Modi's Viksit Bharat 2047 vision, which focuses on urban transformation, private sector development, and enhancing India's manufacturing capabilities. Kanda highlighted ADB's readiness to expedite large-scale projects, including solar rooftop initiatives to promote clean energy. Additionally, at Sitharaman's request, ADB will intensify its efforts in fostering integrated rural prosperity by transforming food systems and creating jobs to build resilient communities. Kanda emphasized that the partnership would leverage global expertise and innovative financing to ensure sustainable progress across India's cities and villages by 2047.
Published: May 31 2025, 12 pmeznews.inThe monsoon remains stalled across several regions in India, including Mumbai and parts of Maharashtra, Telangana, Odisha, and West Bengal, as a well-marked low-pressure area weakened into a 'low' over north-east Assam. The India Meteorological Department (IMD) forecasts widespread rainfall in North-East India over the next week, with isolated heavy rainfall expected in West Bengal, Sikkim, Assam, and Meghalaya. An orange warning has been issued for districts in Kerala, Lakshadweep, West Bengal, Tripura, Assam, and Arunachal Pradesh due to severe weather conditions. In the South, isolated heavy rainfall is anticipated in Coastal Karnataka and Kerala. Professor Anjal Prakash from the Indian School of Business noted that projected above-normal rainfall could alleviate intense summer heat, although some regions, particularly in the North-East, may experience below-normal rainfall, impacting agriculture. He emphasized the need for timely dissemination of forecasts to farmers to maximize the benefits of the monsoon.
Published: May 31 2025, 11 ameznews.inAir India Express is set to launch daily direct flights between Bengaluru and Kathmandu starting June 1, enhancing its recent expansion into short-haul international leisure destinations like Bangkok and Phuket. The airline's Managing Director, Aloke Singh, announced that bookings are now open on their website and other major platforms, with inaugural fares beginning at ₹8,000 for Xpress Lite and ₹8,500 for Xpress Value. Flights will depart Bengaluru at 5.05 am and return from Kathmandu at 9.05 am. This new route facilitates convenient one-stop connections to Kathmandu from 20 Indian cities, including Delhi, Hyderabad, and Pune, as well as from international locations such as Abu Dhabi and Dammam. Air India Express currently operates over 450 weekly flights to 31 destinations from Bengaluru, further solidifying its presence in the region.
Published: May 31 2025, 11 ameznews.inHeavy monsoon rains in Kerala have led to severe flooding, prompting the evacuation of hundreds from low-lying areas in districts such as Kannur and Kasaragod. As swollen rivers overflowed, roads were submerged, and many residents were forced to seek refuge on the upper floors of their homes. In Kasaragod, the Madhuvahini River inundated roads and houses, while nearby Kozhikode and Kannur also faced significant threats from rising waters. Local residents have prepared wooden and fiber boats for potential evacuations, fearing further displacement. Authorities have established 46 relief camps in Kottayam, housing over 1,100 individuals, and 26 camps in Alappuzha, where 19 homes were reported destroyed in a single day. The Indian Meteorological Department forecasts continued moderate rainfall and strong winds across several districts, raising concerns about further flooding and damage.
Published: May 31 2025, 11 ameznews.inThe voluntary carbon market experienced a significant decline, dropping from nearly $2 billion in 2021 to $723 million in 2023, a 61% decrease attributed to buyer concerns over credit quality. Carbon credit volumes also halved, from 253.8 MtCO₂e in 2022 to 110.8 MtCO₂e in 2023, despite average prices remaining around $6.53 per tonne. This market correction presents an opportunity for smallholder farmers in rural India, where 146 million farms, primarily under two hectares, could generate substantial carbon credits. Initiatives like agroforestry cooperatives in Andhra Pradesh and clean energy projects in Maharashtra and Odisha are paving the way for farmers to earn carbon revenues. However, challenges such as high verification costs, delayed payouts, and the need for bundled services could hinder growth. The future of carbon credits in rural India hinges on equitable scaling and innovative financing solutions that empower farmers.
Published: May 31 2025, 10 am
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