Business

Every global event flows through the dollar system, through the rupee exchange rate, and lands — silently, without announcement — in our kitchen

India's Ethanol Blended Petrol Programme has saved over Rs 1.90 lakh crore in foreign exchange, generated more than Rs 1.6 lakh crore in additional income for farmers and reduced carbon emissions, reinforcing energy security and supporting the country's clean fuel transition

Adani Group will invest ₹2,500 crore over three years to build an integrated missile manufacturing ecosystem in Shivpuri, Madhya Pradesh, aiming to strengthen India's defence self-reliance while creating 5,000 jobs and supporting MSMEs

Former BPCL Refineries Director R. Ramachandran said India's E20 ethanol blending programme was implemented after extensive planning involving multiple stakeholders. He clarified E85 is not part of current government policy and highlighted measures to strengthen energy security

Rayalaseema has attracted more than 275 proposed investment projects worth over Rs 4.5 lakh crore, with the Andhra Pradesh government focusing on industrialisation, infrastructure, manufacturing clusters and skill development to generate over 3.5 lakh employment opportunities across the region

State Bank of India will recruit 1,500 probationary officers this year, with applications closing on July 8. The country's largest lender continues to expand its workforce through regular, lateral and specialist hiring while maintaining one of the banking sector's lowest attrition rates

UK India Business Council CEO Kishore Jayaraman said the India-UK Comprehensive Economic and Trade Agreement will boost bilateral trade, investment and business expansion across sectors. He said the pact and the Double Contribution Convention will improve mobility, productivity and long-term economic growth

Indian stock markets are expected to be guided by crude oil prices, global cues, TCS's June-quarter earnings, monsoon progress and foreign investor activity. Analysts also expect the US Fed minutes and developments in US-Iran talks to influence investor sentiment

The Centre has withdrawn most emergency natural gas supply restrictions after LNG shipments through the Strait of Hormuz resumed following a West Asia ceasefire. Improved maritime traffic and ongoing negotiations restored normal supplies, ending crisis-era measures introduced to safeguard India's energy security

Gold recorded its first weekly gain since May, rising over 3 per cent as weaker US jobs data and lower energy prices eased expectations of further Federal Reserve rate hikes. Analysts expect bullion prices to remain supported by global economic and monetary policy developments.

Gold posted its first weekly gain since May, rising 3.1 per cent as weaker US jobs data and lower energy prices eased expectations of further Federal Reserve rate hikes. Improved investor sentiment and a softer dollar supported bullion prices throughout the week

The Sensex and Nifty extended their winning streak to a fourth consecutive week, supported by lower crude oil prices, easing global interest rate expectations and positive domestic sentiment. Investors now await the earnings season, FOMC minutes and progress in global trade negotiations

Railway Minister Ashwini Vaishnaw will launch tunnel-boring work for the Mumbai-Ahmedabad Bullet Train project on Sunday. The project will mark the first use of tunnel boring machines for India's first high-speed rail corridor, including a 7-km undersea tunnel section

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The Centre issued a 10-point clarification rejecting misinformation about India's E20 ethanol blending programme. It said scientific studies support the fuel's safety, efficiency and environmental benefits, while dismissing claims about excessive water use, engine damage, insurance issues and other viral allegations

Deputy Chief Minister Mallu Bhatti Vikramarka on Friday pegged Telangana’s outstanding debts at Rs. 8.21 lakh crore, including pending bills and energy dues, a figure higher than earlier estimates.

The Centre rejected several viral claims about India's E20 fuel programme, saying scientific studies found no significant engine, warranty or safety issues. It said ethanol blending supports energy security, reduces emissions, saves foreign exchange and benefits farmers while following established global practices

The Indian rupee appreciated 14 paise to close at 95.21 against the US dollar on Friday, supported by a weaker dollar index and stronger domestic equities. However, importer demand for dollars and RBI purchases limited further gains in the local currency

The Ministry of Electronics and Information Technology directed Google and Apple to remove the Chinese BAT-BMS app after reports alleged it could remotely disable e-rickshaw battery systems via Bluetooth, prompting cybersecurity and passenger safety concerns

The United States retained its position as India's largest LPG supplier in June, with imports rising 19.4%. India continued diversifying energy sourcing beyond Gulf nations to strengthen energy security amid geopolitical uncertainties in West Asia

Tata Motors has partnered with Welspun Renewable Energy Pvt Ltd to develop an 86 MW wind-solar hybrid project that will supply clean power to four manufacturing plants. The initiative supports the company's RE100 target and is expected to reduce annual carbon emissions significantly

MEIL Group plans to invest up to Rs 40,000 crore over the next two to three years and aims to achieve a Rs 2 lakh crore topline within five years. The company also plans IPOs for subsidiaries and expansion into new technology and EV businesses

The rupee appreciated 19 paise against the US dollar in early trade as the dollar index eased from a 15-month high. However, traders said strong importer demand continued to weigh on the currency despite supportive global cues and lower crude oil prices

Adani Enterprises has increased its Qualified Institutional Placement to Rs 15,000 crore after receiving bids worth about Rs 38,000 crore. The company said the funds will support capital expenditure, debt repayment and strategic investments across its incubation businesses