Business News: Economy & Markets

Adani Group reaffirms commitment to Maharashtra with Rs 6 lakh crore investment blueprint: Pranav Adani

IANS | October 2, 2026 11:54 AM

Mumbai, Oct 2 (IANS) Pranav Adani, Director, Adani Enterprises Ltd (AEL), has said that with the launch of 'Invest Maharashtra', the state is establishing a robust mechanism to convert investor intent into relentless on-ground execution. The Adani Group, he said, reaffirms its unwavering commitment to stand shoulder to shoulder with the state and its hard-working people.

Domestic investors infuse Rs 33,460 crore this week, FIIs remain sellers

IANS | October 2, 2026 11:38 AM

Mumbai, Oct 2 (IANS) Foreign institutional investors (FIIs) remained net sellers in Indian equities in the past week and offloaded shares worth Rs 34,970 crore, while domestic institutional investors (DIIs) provided support with purchases of Rs 33,460 crore, according to the provisional exchange.

Markets extend weekly losing streak as FII selling, global risks weigh

IANS | October 2, 2026 11:11 AM

Mumbai, Oct 2 (IANS) Indian equity markets extended their losing streak to an eighth consecutive week on Thursday as benchmarks fell about 3 per cent each amid persistent foreign fund outflows, elevated US bond yields and geopolitical concerns.

Indian banks’ FX trading losses hit $500 million after RBI position cap

IANS | October 2, 2026 9:50 AM

New Delhi, Oct 2 (IANS) Indian banks faced nearly $500 million in market losses on their foreign exchange trading books in the first half of 2026 after regulatory changes by the Reserve Bank of India forced lenders to unwind positions, according to a report.

PM E-DRIVE scheme enables 26.59 lakh EV sales, helps expand charging infra

IANS | October 2, 2026 9:28 AM

New Delhi, Oct 2 (IANS) The PM E-DRIVE scheme, launched in September 2024, has enabled 26.59 lakh EV sales (as of June 2026), accelerating EV adoption, expanding charging infrastructure and strengthening the domestic manufacturing ecosystem, according to an official statement.

Indian equity markets remain closed on Gandhi Jayanti

IANS | October 2, 2026 9:23 AM

Mumbai, Oct 2 (IANS) Indian equity markets will remain closed on Friday on account of Mahatma Gandhi Jayanti.

Balance of risks tilts decisively towards 25 bps rate hike: SBI report

IANS | October 2, 2026 9:16 AM

New Delhi, Oct 2 (IANS) The balance of risks has tilted decisively towards a 25-bps rate hike by the RBI at this juncture, as a combination of broadening inflationary pressures, worsening global macros, evolving liquidity conditions and a renewed global repricing of risks is making the case for pre-emptive action stronger, SBI Research said on Friday.

Gujarat: GSECL enters nuclear power sector, signs MoU with NPCIL for new project

IANS | October 1, 2026 11:30 PM

Gandhinagar, Oct 1 (IANS) Gujarat State Electricity Corporation Limited (GSECL) on Thursday signed a Memorandum of Understanding (MoU) with the Nuclear Power Corporation of India Limited (NPCIL) for the development of a new nuclear power project in the state, with the proposed project at Dhuvaran expected to have a capacity of around 4,000 MW and involve potential investment of nearly Rs one lakh crore.

Emirates’ London flight diverted to Frankfurt after medical emergency onboard

IANS | October 1, 2026 9:53 PM

New Delhi, Oct 1 (IANS) An Emirates flight from Dubai to London Heathrow was diverted to Frankfurt, Germany, on Thursday after a passenger experienced a medical emergency.

'Will overcome problems caused due to rainfall deficit': Farmers relieved with MSP hike for rabi crops

IANS | October 1, 2026 9:25 PM

Jodhpur/Churu, Oct 1 (IANS) Farmers in Rajasthan expressed their gratitude to the Union government, saying that their worries regarding rainfall deficit this year, has been addressed to an extent with the increase in the Minimum Support Price (MSP) for six major Rabi crops.

Business

Adani Group reaffirms commitment to Maharashtra with Rs 6 lakh crore investment blueprint: Pranav Adani

Domestic investors infuse Rs 33,460 crore this week, FIIs remain sellers

Markets extend weekly losing streak as FII selling, global risks weigh

Indian banks’ FX trading losses hit $500 million after RBI position cap

PM E-DRIVE scheme enables 26.59 lakh EV sales, helps expand charging infra

Indian equity markets remain closed on Gandhi Jayanti

Balance of risks tilts decisively towards 25 bps rate hike: SBI report

Gujarat: GSECL enters nuclear power sector, signs MoU with NPCIL for new project

Emirates’ London flight diverted to Frankfurt after medical emergency onboard

'Will overcome problems caused due to rainfall deficit': Farmers relieved with MSP hike for rabi crops

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