Adani Total Gas Profits 11% YoY in Q3
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🗞️ New Draft Electric Policy Targets 2.7x Higher Consumption
India’s draft electric policy for 2026 outlines ambitious goals, including 2.7x higher consumption and an 11-fold increase in nuclear energy capacity by 2070, aiming for net-zero emissions.
🗞️ India in Global Spotlight for Renewable Energy Transition
India has become a global leader in renewable energy, with major strides towards transitioning from fossil fuels to clean energy, making it a key player in combating climate change.
🗞️ MOU Signed for Toponymic Data Digitisation
The Digital India Bhashini Division and the Survey of India have signed an MOU to digitize toponymic data (place names) in a significant step toward the digital empowerment of India.
🗞️ L’Oréal to Set Up Global Tech Hub in Hyderabad
L’Oréal will invest $420 million to establish its first global tech hub in Hyderabad, creating 2,000 jobs by 2030, contributing to India’s growing tech ecosystem.
🗞️ Adani Total Gas Q3 Profit Jumps 11% YoY
Adani Total Gas reported an 11% year-on-year increase in Q3 profit, with revenue rising by 17%. The growth reflects the company’s strong market performance in India’s expanding natural gas sector.
🗞️ General Atlantic Acquires Stake in Balaji Wafers
General Atlantic has acquired a significant stake in Balaji Wafers, marking a strategic investment in India’s growing FMCG and snacking market, which has seen a surge in demand.
🗞️ RBI Proposes Linking BRICS Digital Currencies
The RBI has proposed linking BRICS digital currencies, aiming to enhance trade relations between member countries and promote cross-border payments.
💬 Expert Take — “Linking BRICS digital currencies could streamline trade and lower transaction costs, benefitting emerging economies.”
🗞️ EU-Mercosur Fallout Creates $5B Export Opportunity for India
India stands to gain up to $5 billion in export opportunities due to the fallout between the EU and Mercosur, particularly in sectors like agriculture, textiles, and pharmaceuticals.
📊 Market Update
📉 Sensex: 82,307.37 ▲ 397.74 pts (+0.49%)
📉 Nifty 50: 25,289.90 ▲ 132.40 pts (+0.53%)
🪙 Gold (per gram): 24K ₹15,431 ▼ ₹229 | 22K 14,145 ▼ ₹210
🥈 Silver (per kg): ₹3,25,000 ▼ ₹5,000