Adani stocks defy WSJ report; market shrugs off allegations amid Group's resilience

IANS | June 3, 2025 7:32 PM

Mumbai, June 3 (IANS) Investors on Tuesday largely ignored a recent Wall Street Journal (WSJ) report alleging new US prosecution scrutiny over Adani's potential Iran sanctions violations. Adani Group stocks demonstrated resilience, with the group's market capitalisation down a mere 1.8 per cent, against the broader Nifty's 0.7 per cent dip.

Adani Ports sets new robust record in cargo handling in May

IANS | June 3, 2025 7:19 PM

Ahmedabad, June 3 (IANS) The month of May has been a historic month for India’s logistics sector and Adani Ports and Special Economic Zone Limited (APSEZ) set a new benchmark by handling 41.8 million metric tonnes (MMT) of cargo - an all-time high for the company, showcasing the capabilities of Indian ports on a global scale.

India and UK bolster Comprehensive Strategic Partnership after landmark trade deal

IANS | June 3, 2025 4:24 PM

London/New Delhi, June 3 (IANS) Oliver Robbins, Permanent Under-Secretary at the Foreign, Commonwealth & Development Office (FCDO), met India's Foreign Secretary Vikram Misri, in New Delhi on Tuesday for the annual UK-India Foreign Office Consultations as both countries reviewed progress across their Comprehensive Strategic Partnership.

Sitharaman tells DRI to break big smuggling syndicates, curb narcotics trade

IANS | June 3, 2025 2:56 PM

New Delhi, June 3 (IANS) Finance Minister Nirmala Sitharaman on Tuesday asked the Directorate of Revenue Intelligence (DRI) to adopt a holistic and technology-driven approach to tackle smuggling and the narcotics trade amid the increasingly complex geopolitical environment and security threats.