India Aims For 30% EV Penetration By 2030; Boosts Production & Supply Chains: S&P Global Ratings
S&P Global Ratings reports that India aims for 30% electric vehicle penetration by 2030, increasing production and local supply chains.
Indian Stock Market Opens Lower For Second Day As Banking & Pharma Stocks Decline
Indian stock market opens lower for the second consecutive day, with significant selling in public sector banking and pharmaceuticals.
Surge In Gold Holdings As RBI Reports Increase In Foreign Exchange Reserves
Amid rising geopolitical tensions and gold prices, the RBI reported its gold reserves increased to 854.73 metric tonnes as of 30 September.
Indian Stock Market Rallies As Banking Sector Powers Gains
India's equity market surged on Tuesday, driven by strong gains in banking stocks, especially ICICI Bank and State Bank of India (SBI).
Adani Enterprises Reports 6.6x Surge In Q2 FY25 Net Profit; Reaching Rs 1,741 Crore
On Tuesday, Adani Enterprises Ltd (AEL) reported a 6.6 times increase in net profit, reaching Rs 1,741 crore for Q2 FY25.
Andhra Pradesh Pursues Major Investments From Adani Group & Adobe
Andhra Pradesh Chief Minister N Chandrababu Naidu met with Adani Group Managing Directors Rajesh and Karan Adani to attract investments.
Adani Ports Reports Significant Growth In H1 FY25 With 42% Net Profit Increase
On Tuesday, Adani Ports announced a 42% rise in net profit for H1 FY2025, reaching Rs 5,520 crore, up from Rs 3,881 crore last year.
Indian Stock Market Opens Lower Following Strong Diwali Week
Indian stock market opened in the red on Tuesday, with selling pressure observed across the auto, IT, financial services, and pharmaceutical sectors.
Adani Power Records 20% Growth In Continuing Revenue, Reaches Rs 28,517 Crore In H1 FY25
Power demand remained steady in Q2 FY25 compared to Q2 FY24, influenced by prolonged rains. However, cumulative demand for FY25 until September 30, 2024, grew by 5% over H1 FY24, ensuring higher offtake from thermal power to support peak demand
Ambuja Cements Maintains Robust Performance In Q2 FY25
Ambuja Cements reported strong performance in Q2 of FY2024-25, fueled by expanding operations and sustained demand from key sectors.
