Bharat Express

Business

Iron ore, accounting for roughly 70% of the total Mineral Conservation and Development Rules (MCDR) mineral production by value, reached 274 million metric tonnes (MMT) in FY24.

"We are thrilled with the enthusiasm in India, where we hit an all-time revenue record," said Cook. He highlighted strong growth in both developed and emerging markets, with double-digit gains in Mexico, Brazil, the Middle East, India, and South Asia.

As the nation celebrates Diwali, the Indian stock market experienced a lackluster opening, reflecting mixed sentiments among investors.

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 the second consecutive day, with significant selling in public sector banking and pharmaceuticals.

Amid rising geopolitical tensions and gold prices, the RBI reported its gold reserves increased to 854.73 metric tonnes as of 30 September.

India's equity market surged on Tuesday, driven by strong gains in banking stocks, especially ICICI Bank and State Bank of India (SBI).

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 Chief Minister N Chandrababu Naidu met with Adani Group Managing Directors Rajesh and Karan Adani to attract investments.

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.