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Adani Portfolio’s earnings before interest, taxes, depreciation and amortization rises 10% YoY to ₹90,572 crore

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Adani Portfolio’s earnings before interest, taxes, depreciation and amortization rises 10% YoY to ₹90,572 crore

The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of Adani Portfolio of companies for the Trailing-Twelve-Month (TTM) has crossed the ₹90,000 crore and grew 10% Year-on-Year to ₹90,572 crore with Q1 EBITDA also reaching a record high of ₹23,793 crore, up 3.3%, the Adani Group said on Thursday (August 28, 2025). The Adani Portfolio of listed companies, founded and…

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Stock markets dive in early trade as steep 50% U.S. tariffs dent investors’ sentiment

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Stock markets dive in early trade as steep 50% U.S. tariffs dent investors’ sentiment

A view of the Bombay Stock Exchange in Mumbai | Photo Credit: PTI Stock market benchmark indices Sensex and Nifty tumbled in early trade on Thursday (August 28, 2025) as the additional 25% tariff imposed by U.S. President Donald Trump on India for its purchases of Russian oil came into effect, weighing on investors’ sentiment….

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Rupee rises 10 paise to 87.59 against U.S. dollar in early trade

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Rupee rises 10 paise to 87.59 against U.S. dollar in early trade

Image used for representation purpose only. | Photo Credit: Reuters The rupee rose 10 paise to 87.59 against the U.S. dollar in early trade on Thursday (August 28, 2025), supported by a weaker dollar index and easing Brent crude prices. Besides, the Reserve Bank of India (RBI) stepped in to protect the local unit from…

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Secondary, tertiary effects of U.S. tariffs on economy pose challenges: Finance Ministry report

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Secondary, tertiary effects of U.S. tariffs on economy pose challenges: Finance Ministry report

The immediate impact of recent U.S. tariffs on Indian exports may appear limited, but their secondary and tertiary effects on the economy pose challenges that must be addressed, the Finance Ministry said in a report on Wednesday (August 27, 2025) amid the U.S. effecting a steep 50% tariff on shipments from India. Trump tariffs LIVE…

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‘At the end of the day, we will come together’, says Treasury Secretary Bessent on India-U.S. tariff issue

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‘At the end of the day, we will come together’, says Treasury Secretary Bessent on India-U.S. tariff issue

U.S. Treasury Secretary Scott Bessent. File | Photo Credit: Reuters Describing the India-U.S. relationship as “very complicated”, U.S. Treasury Secretary Scott Bessent on Wednesday (August 27, 2025) hoped that “at the end of the day, we will come together.” “This is a very complicated relationship. President (Donald) Trump or Prime Minister (Narendra) Modi have very…

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No serious challenges with cars using E20: Renault India

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No serious challenges with cars using E20: Renault India

Image for representational purposes only. Source: Special Arrangement. No “serious challenges” have been detected in E10-compliant vehicles of Renault India plying on roads and utilising the E20 fuel, the car maker informed on Wednesday (August 27, 2025).   Seeking to allay concerns about the use of 20% blended fuel in their E10-compliant cars, the Triber manufacturer…

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Additional 25% tariff imposed by U.S. President Trump on India comes into effect

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Additional 25% tariff imposed by U.S. President Trump on India comes into effect

The additional 25% tariff imposed by U.S. President Donald Trump on India for its purchases of Russian oil came into effect Wednesday (August 27, 2025), bringing the total amount of levies imposed on New Delhi to 50 per cent. The Department of Homeland Security (DHS), in a draft order published on Monday (August 25, 2025),…

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