Adani’s proposed $10 billion investment in US a ‘game-changer’: Indian American leader

IANS | May 19, 2026 11:06 AM

Washington, May 19 (IANS) Indian-American community leader and former presidential adviser, Ajay Bhutoria, on Monday hailed the dismissal of criminal charges against the Adani Enterprises Ltd, calling it a “definitive legal victory” and describing the Adani Group’s proposed $10 billion investment in the United States as a “game-changer” for the American infrastructure and technology leadership.

Adani Group stocks surge up to 5 pc after US legal proceedings close

IANS | May 19, 2026 11:00 AM

New Delhi, May 19 (IANS) Shares of Adani Group companies surged up to 5 per cent in early trade on Tuesday, with listed entities trading in the green amid improved investor sentiment following recent developments related to a US legal case involving group chairman Gautam Adani and his nephew Sagar Adani.

Creating problems for us: Fuel price hike draws concern from Delhi to UP

IANS | May 19, 2026 10:25 AM

New Delhi, May 19 (IANS) As state-run oil marketing companies increased petrol and diesel prices for the second time in less than a week amid rising global crude oil prices, people across Delhi and parts of Uttar Pradesh on Tuesday expressed concern over the growing financial burden.

No proposal to monetise temple gold holdings approved: Govt

IANS | May 19, 2026 10:07 AM

New Delhi, May 19 (IANS) The government on Tuesday dismissed as 'false, misleading and baseless' reports and social media claims suggesting that it was planning to introduce a gold monetisation scheme for temple trusts and religious institutions across the country.

Adani case closure a booster for India-US economic ties: USISPF

IANS | May 19, 2026 9:55 AM

Washington, May 19 (IANS) The resolution of the legal matter involving Adani Enterprises Ltd removes a major distraction from the growing India-US economic partnership, and could pave the way for fresh Indian investments in the United States, the US-India Strategic Partnership Forum (USISPF) said on Monday.

US lawmaker hails Treasury settlement with Adani Enterprises

IANS | May 19, 2026 9:25 AM

Washington, May 19 (IANS) Republican Congressman Lance Gooden has welcomed the $275 million settlement between the US Treasury Department and Adani Enterprises Limited, calling it a “very positive step” for the India-US ties and accusing the previous Joe Biden administration of pursuing a politically motivated case against the Indian conglomerate.