The Adani Group has unveiled an ambitious plan to invest USD 60 billion (approximately Rs. 5 lakh crore) in India’s power sector over the next decade, positioning itself at the forefront of the country’s energy transition. The investment will focus on expanding renewable energy capacity, modernizing transmission networks, and strengthening the country’s overall power infrastructure. This move underscores Adani’s commitment to aligning with India’s clean energy goals while also consolidating its position as a key player in the global energy market.

India’s edible oil industry is calling for an increase in import duties on palm, soybean, and sunflower oils to safeguard the interests of domestic farmers and stabilize market conditions. With international prices softening and imports surging, local oilseed growers are facing price pressures that threaten their income and sustainability.

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in September, withdrawing Rs. 12,257 crore as global financial conditions tightened. The outflow was driven largely by the appreciation of the U.S. dollar, rising U.S. Treasury yields, and heightened concerns over tariff-related trade tensions. This reversal follows months of strong inflows, signaling a shift in sentiment as global investors reassess risk amid currency volatility and macroeconomic uncertainty.

Classic Legends, the Mahindra Group-backed company that revived iconic brands Yezdi and Jawa, is poised to benefit from the government’s recent reduction in Goods and Services Tax (GST) on certain categories of two-wheelers. The tax cut, which is aimed at reviving demand in India’s motorcycle market, is expected to make premium mid-segment bikes more affordable for consumers.

India’s homegrown edtech unicorn PhysicsWallah has officially filed draft papers with the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO), signaling its entry into the public markets. The move comes at a time when the broader education technology sector is experiencing both consolidation and renewed investor scrutiny. The proposed listing is expected to raise significant capital, which the company plans to utilize for scaling operations, investing in technology, and expanding its offline and hybrid learning footprint.

India’s state-run Oil and Natural Gas Corporation (ONGC) has entered into a strategic collaboration with Japanese shipping major Mitsui O.S.K. Lines (MOL) for the operation and management of its newly acquired ethane carriers. The partnership underscores ONGC’s efforts to strengthen its logistics capabilities in transporting ethane—a vital petrochemical feedstock—while leveraging Mitsui’s global expertise in maritime operations.

India’s coal imports witnessed a notable contraction in July, reflecting the government’s push for self-reliance in energy resources and the continued expansion of domestic production. Industry data shows that inbound shipments declined as domestic output met rising demand from power producers, helping the country reduce its dependency on overseas coal.

The Himachal Pradesh government has announced a revised pay structure benefiting nearly 14,000 state employees, a move expected to improve both morale and financial stability among public sector staff. The decision, part of the state’s broader commitment to align compensation with evolving economic conditions, underscores efforts to balance fiscal discipline with employee welfare. While the move will increase the state’s financial outlay, it is also likely to enhance productivity and strengthen the government’s image as a responsible employer.

Consumers may soon have to pay more for ordering food online, as leading delivery platforms adjust their pricing structures by introducing additional platform fees and factoring in higher Goods and Services Tax (GST) outlays. The revisions, expected to take effect gradually across major cities, reflect the companies’ efforts to offset operational costs, regulatory compliance, and inflationary pressures.

Bharat Petroleum Corporation Ltd. (BPCL) has secured approval from the Expert Appraisal Committee (EAC) for its refinery expansion project in Andhra Pradesh, marking a critical step toward strengthening India’s refining capacity. The project, designed to meet the country’s growing demand for petroleum products and support energy security, underscores the government’s focus on infrastructure development in the energy sector.