Business News

Rupee Crashes 51 Paise To Close At All-time Low Of 88.09 Against US Dollar

The rupee breached the 88-mark for the first time and closed at an all-time low of 88.09 against the US dollar, registering a sharp decline of 51 paise amid a massive outflow of foreign funds and heightened tensions over a trade deal betwee

Adani Power Gets Letter Of Award For 2,400 MW Thermal Power Plant In Bihar

Adani Power Ltd on Friday said it has received a letter of award (LoA) for a 25-year, long-term procurement of electricity from Bihar State Power Generation Company Ltd (BSPGCL).

Adani Portfolio EBITDA Crosses Rs 90,000 Crore For 1st Time

The Adani Portfolio EBITDA reached Rs 90,572 crore on a trailing 12-month basis for the first time -- up 10 per cent year-on-year -- with Q1 FY26 EBITDA also reaching a record high at Rs 23,793 crore, the Adani Group said on Thursday.

Sensex Drops 600 Points, Nifty Down 180 Amid US Tariffs On Indian Goods

Nifty and Sensex each fell about 1% on Tuesday, their sharpest single-day percentage drop in three months, before the US tariffs took effect.

SBI Report Estimates The Impact Of Trump Tariffs On American Economy

The recent move by the United States to impose steep tariffs on Indian goods is expected to weigh on the US economy, pushing up inflationary pressures and impacting growth, according to a report by the State Bank of India (SBI).

Trump's 50% Tariffs Unlikely To Significantly Impact India's Growth: Analysts

As the deadline for US secondary tariffs of 25 per cent falls this week over Russian oil purchase, analysts say that a total of 50 per cent tariff is unlikely to significantly impact India's growth due to a robust domestic demand.

India Panel Cites US Tariffs As Growth Risk, Sees Mild Inflation

India's monetary policy committee members flagged evolving risks from global trade tensions and tariffs as a key drag on growth but said the economy remains resilient with the inflation outlook benign.

Banks To Clear Cheques Within Few Hours From October 4: RBI

The RBI will introduce a new mechanism from October 4 for clearance of cheques within hours of being presented to banks, reducing the current time period of up to two working days.

Japanese Automaker Toyota Cuts Profit Forecast Amid Trump Tariff Threat

The Trump administration in April imposed a 25 percent levy on Japanese cars imported into the United States, dealing a hefty blow to Japan and its crucial auto sector.

Adani Power To Build $3 Billion Greenfield Thermal Plant In Bihar

Adani Power on Thursday said it has received a Letter of Intent (LoI) to develop and operate 2,400 MW greenfield thermal power plant in Bihar at an investment of $3 billion.

Sensex, Nifty Decline In Early Trade As US Tariffs On Indian Goods Doubled

Benchmark equity indices Sensex and Nifty declined in early trade on Thursday as US President Donald Trump slapped an additional 25 per cent duty -- doubling it to 50 per cent -- on Indian goods over New Delhi's continued imports of Russian oil.

Tata Consultancy Services Announces Wage Hikes Amid 12,000 Layoffs

India's largest IT services company Tata Consultancy Services (TCS) informed employees that it will roll-out wage hikes for about 80 per cent of workforce, covering mid to junior levels.

RBI Rate Unchanged, 6.5% GDP Outlook Counters Trump's "Dead Economy" Jibe

The Reserve Bank of India (RBI) has kept its repo rate unchanged at 5.5% as the rupee remains under pressure due to US President Donald Trump's tariff threat.

Adani Ports Clocks 21% Revenue Jump At Rs 9,126 Crore In First Quarter

Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday reported a 21 per cent jump in quarterly revenue at Rs 9,126 crore, driven by a 2 times jump in logistics and a 2.9 times increase in marine.

Adani Group Denies Reports Suggesting Tie-Up With Chinese Company BYD

The Adani Group on Monday vehemently denied a media report claiming the Group's collaboration with Chinese companies BYD and Beijing Welion New Energy Technology.

Adani Power Clocks 27.1% Sequential Surge At Rs 3,305 Crore In Q1

Adani Power on Friday reported an impressive 27.1 per cent sequential surge in the April-June quarter (Q1 FY26) at Rs 3,305 crore -- from Rs 2,599.23 crore posted in the last quarter (Q4 FY25).

Adani Enterprises Q1 Results: Incubating Infra Businesses Add 74% To Consolidated EBITDA

There has been a substantial rise in EBITDA contribution from incubating businesses which reflects strength and scalability of Adani Enterprises Ltd's (AEL) operating model.

Sensex, Nifty Decline On Concerns Over US Tariff Imposition

US President Donald Trump announced the imposition of a 25 per cent tariff on all goods coming from India starting August 1 and an unspecified penalty for buying Russian crude oil and military equipment.

Adani Realty Most Valuable Unlisted Firm On 'Hurun Real Estate List 2025'

Adani Realty has once again secured its position as the most valuable unlisted real estate company on the '2025 GROHE-Hurun India Real Estate 150 list', it was announced on Thursday.

Ambuja Cements Begins FY 2025-26 With A Robust Performance

Ambuja Cements has begun financial year 2025-26 with a robust performance, where it has reported its highest ever quarterly sales of 18.4 million tonne, up 20 per cent year-on-year.