Business

IOC, BPCL, and HPCL currently control over 90 per cent of India’s 97,366 petrol pumps and lead the city gas market as well

RTS,S was the first malaria vaccine recommended by the World Health Organization in 2021. The two companies said the price reduction is driven by process improvements, expanded production capacity, cost-effective manufacturing, and minimal profit margins

The richest Asian said Reliance Industries was investing its own billions of dollars in rolling out 4G mobile networks, which some analysts thought might not work out financially as India was not ready for the most advanced digital technology

Jiohotstar's subscriber base surged to 300 million, nearly matching Netflix, driven by record-breaking digital viewership during IPL 2025. Jiostar reported 1.19 billion total IPL reach, 55.2 million peak concurrency, and historic monetisation across advertising and subscriptions, marking India’s top OTT milestone

Indian equity benchmarks Sensex and Nifty rallied on Wednesday, tracking strong global cues and easing Middle East tensions after a ceasefire between Iran and Israel. Gains were supported by falling crude prices, positive Asian markets, and domestic institutional buying.

The rupee appreciated 13 paise to 85.92 against the US dollar amid optimism over a US-brokered ceasefire between Iran and Israel and a strong start in domestic equities. Gains were capped by rising crude oil prices and FII outflows.

The stock of Adani Power rallied 1.63 per cent, Adani Enterprises (1.44 per cent), NDTV (1.42 per cent) and Adani Total Gas (0.53 per cent)

HAL and GE Aerospace are set to finalise a deal by March 2025 to jointly produce F-414 jet engines in India for Tejas Mark 2 and AMCA aircraft. HAL will also deliver 156 Prachand combat helicopters under India's biggest defence contract

Finance Minister Nirmala Sitharaman said free trade talks with the US and EU are progressing fast. India aims to hit USD 2 trillion in exports by 2030, backed by strong FDI, digital infrastructure, and record-high USD 825 billion exports in FY25

India has imposed anti-dumping duties on four chemicals, including PEDA and Acetonitrile, from China and other countries to protect domestic industries. The five-year tariffs follow trade remedy recommendations amid rising imports and a growing trade deficit with China

The three firms had filed their preliminary IPO papers with Sebi during February-March. While GNG Electronics is into refurbishing laptops and desktops, Glottis is a logistics service provider and Amanta makes medical devices and sterile liquid products

Gautam Adani revealed that drones and anti-drone systems from Adani Defence played a frontline role in Operation Sindoor, India's precision strike against terror. At the AGM, he praised soldiers, outlined global headwinds, and reaffirmed record-breaking growth and investment goals

Adani, Asia's second-richest person behind Reliance Industries' Mukesh Ambani, said the objective of his conglomerate is not to just build businesses but also to create new possibilities

India launched the SPMEPCI portal to attract global EV makers and boost domestic manufacturing. With reduced import duties and incentives for investment, the scheme supports clean mobility, innovation, job creation, and aims to position India as an EV manufacturing hub

Gautam Adani praised Indian Armed Forces for Operation Sindoor against terror sites, highlighting Adani Defence’s role with drones. He honoured their sacrifices and mourned the Air India crash victims. He emphasised that peace is earned through bravery and vigilance

Adani Airports has raised $1 billion in project finance for Mumbai International Airport via global investors, marking India’s first IG-rated private bond in airport infrastructure. The funds will support capacity upgrades, modernisation, and MIAL’s net-zero emissions goal by 2029.

With India facing a growing plastic waste crisis, there is an urgent need for localised and tech-driven action to beat plastic pollution

Basmati exporters in Haryana face severe disruptions due to the Iran-Israel conflict, with 1 lakh tonnes stuck at ports and payments worth up to Rs 2,000 crore delayed. Trade risks have surged amid lack of insurance, affecting prices and exporter confidence

The Wildlife Institute of India warned staff of salary delays for skipping Yoga Day without notice but withdrew the order hours later. The directive, deemed excessive by employees, was clarified as a routine email with no actual action planned

SBI will train its 2.36 lakh employees in financial planning through a tie-up with FPSB India, enhancing customer service and financial literacy. The bank also launched year-round virtual yoga sessions to promote holistic employee well-being and a mindful work culture

Despite Middle East tensions, India’s export sector remains resilient. FIEO notes minor disruptions in Gulf trade, but exporters are adapting through diversification and logistics management. Crude volatility is a concern, but support from the government and RBI ensures macroeconomic stability

India faces crude supply risks due to Strait of Hormuz tensions, but Saudi’s Red Sea route and rising Russian, US, and Latin American oil imports reduce disruption chances. Full closure is unlikely, though short-term delays and freight hikes are expected

About 1,00,000 tonnes of Indian basmati rice for Iran are stuck at ports due to the Israel-Iran conflict. No ships or insurance are available. Exporters face losses, and rice prices have dropped. Talks with the government are planned

The rupee declined by 17 paise to 86.72 against the US dollar as global crude oil prices spiked after US strikes on Iran. A strong dollar and weak equities added pressure, though FII inflows and forex reserves offered some cushion.