Adani Enterprises recorded a consolidated net loss of ₹1,160 crore in Q1 FY27, swung by a one‑time ₹2,644 crore charge. Despite the loss, revenue climbed 49.9% year‑on‑year, signaling robust underlying growth. The results highlight short‑term profit hit but a strong operating trajectory.
Over the next five years L&T is deploying Rs 5,000 crore to forge an electronic products business that spans mobility, power electronics, robotics and strategic electronics. A 40‑acre Coimbatore plant will start pilot production of 500,000 electric traction motors for a two‑wheeler maker, as the company eyes a $4.85 bn addressable market by 2031.
The FOMC voted unanimously to keep the federal funds rate in the 3.5‑3.75% band, citing solid growth but persistently elevated inflation. The statement stressed the need for price stability and signaled that tightening remains on the table if price pressures continue.
Goldman Sachs estimates generative AI could replace 8‑12% of India’s non‑agricultural jobs, while boosting productivity for another 42‑48%. The risk concentrates in services, education, media, finance, where routine tasks are most exposed, leaving physically‑intensive roles largely untouched.
India’s solar capacity surged 58‑fold to 162 GW in ten years, but battery storage sits at just 2.7 GW. The mismatch drives wild net‑load swings that strain thermal plants and force curtailment. Experts warn that adding more solar without co‑located storage will deepen grid instability.
A The Ken investigation shows that despite a 2022 prohibition on Chinese drone imports, the Indian Army, CRPF and BSF still operate DJI quadcopters. They obtain them through grey‑market channels, emergency procurements and a white‑labelling network, exposing a policy‑implementation gap that undermines national security and supply‑chain integrity.
Spot gold rose 1.2% past $4,100 and silver jumped 2.2% to $58.4 as the Fed left rates unchanged, reducing odds of a September hike. The move shifts safe‑haven demand and could pressure equities, with the dollar and yields easing.
With domestic sugar stocks projected at a historic low, the government plans to curb sugarcane juice diversion for ethanol for at least the first three months of the 2026‑27 season and keep export quotas at last year’s level. The move aims to secure enough sugar for the October‑November festival demand and avoid price spikes.
You’re caught up.
That was all 8 stories in the 30 July issue.