India’s retail inflation rises to three-month high of 6.52% in January

Higher food prices nudged up India’s annual retail inflation in January to a three-month high of 6.52% from a 12-month low in December, showed government data on Monday. It was…

No problem with setting up an expert panel to avoid Adani-like volatility: Centre tells SC

Centre told Supreme Court on Monday that it has no problem with setting up an expert panel to avoid Adani Group-like market volatility.  On Friday, the apex court had sought…

NSE co-lcoation case: SC refuses to cancel bail granted to Chitra Ramkrishna

Supreme Court on Monday refused to cancel statutory bail granted to former NSE chief Chitra Ramkrishna in the NSE co-location case.  In 2018, an FIR was registered following revelations about…

Public sector general insurers have Rs 348-cr exposure in Adani Group companies: FinMin

Public sector general insurance companies like New India, United India, National Insurance, Oriental Insurance and General Insurance Corporation Re have Rs 348-crore exposure in Adani Group companies, Finance Ministry told…

Billionaire Gautam Adani’s little-known unlisted company: A hidden gem with 351 subsidiaries

Indian promoters starved of capital often pledge their shares to create the foundation of new businesses or infuse equity to expand existing businesses. That’s what billionaire Gautam Adani did with…

Cheaper batteries, cheaper EVs: What discovery of lithium in J&K could mean for you

On Thursday, the Ministry of Mines announced that the Geological Survey of India discovered 5.9 million tonnes of lithium, a metal used for making electric vehicle (EV) batteries, in Jammu…

SEBI to update FM Nirmala Sitharaman on Adani probe

Market regulator, Securities and Exchange Board of India (SEBI), will update the finance ministry this week on the investigation into Adani Group’s withdrawn Rs 20,000 crore follow-on public offer (FPO).…

India to soon be world’s largest defence manufacturing base, says PM Modi at Aero India 2023

Prime Minister Narendra Modi said that India will soon be the world’s largest defence manufacturing base and that the Central government aims to take India’s defence exports up to $5…

India topples France as UK’s largest Scotch whisky market

India has overtaken France to become the UK’s largest market of Scotch whisky in terms of volume with a 60 per cent hike in imports in 2022 over the previous…

Adani Group slashes growth targets amid rout sparked by Hindenburg report

India’s Adani Group has halved its revenue growth target and plans to scale down fresh capital expenditure, Bloomberg News reported on Sunday. Listed companies controlled by billionaire Gautam Adani have…