Vedanta seeks Odisha government’s support for USD 20-billion aluminium project
Bhubaneswar: Vedanta chairman Anil Agarwal has approached Odisha Chief Minister Mohan Charan Majhi to seek support in fast-tracking clearances and accelerating the implementation of the company’s ambitious USD 20-billion aluminium project.

Worth of 1 kg gold: A Maruti 800 in 1990, a Land Rover today
With gold price breaking new records almost every day—the metal has set more than 30 records this year so far—and is nearing the $4,200 mark ($4,190/oz around noon IST) for an ounce or for 28.35 grams Tuesday, here is an interesting comparison of the value of the most shining metal, which has so far gained more than 62% so far this year and 27% last year and 24% in the year before that.

India’s gem and jewellery exports rise 6.5% in September, US exports take a hit due to tariffs
The overall gems and jewellery exports rose by 6.55 per cent in September to USD 2,914.29 million (Rs 25,737.50 crore) despite global headwinds as festive and wedding season demand gains momentum, the Gem and Jewellery Export Promotion Council (GJEPC) said on Tuesday.

Mia by Tanishq hopes to end FY26 with Rs 2,000-cr top line
Mia by Tanishq, which is best known for its studded jewellery, is aiming for Rs 2,000 crore in turnover by the end of the current financial year, riding on the festive wave as well as Gen Z aspirations. Both Mia and Tanishq are part of Titan, the country’s largest organised jewellery retailer.

Gold tops Rs 1.28 lakh/10g, silver hits Rs 1.63 lakh/kg on record rally

Gold and silver prices on Tuesday scaled fresh record highs in the domestic futures trade, mirroring lifetime gains in the international markets as renewed US-China trade tensions and prospects of rate cuts by the US Federal Reserve bolstered safe-haven demand.

Global oil supply set for significant growth over next two years, says IEA

New Delhi: The world’s oil supply is on track for substantial growth over the next two years, with an increase of 3 million barrels per day (mb/d) expected in 2025 and a further 2.4 mb/d in 2026, according to a report from the International Energy Agency (IEA).

Indian Oil’s capex likely to be at around ₹40,000 cr in FY27-29
 

ISMA, IFGE ask Centre to announce a ‘National Ethanol Mobility Roadmap’
 

Oil India, NEEPCO ink 15-year pact for Assam gas-based power supply
Guwahati: Oil India Ltd (OIL) on Monday said it has inked a pact with North Eastern Electric Power Corp (NEEPCO) to supply natural gas to the latter's power station in Dibrugarh district of Assam. OIL has signed a long-term Gas Sale and Purchase Agreement (GSPA) with NEEPCO for continued supply of 1.4 million metric standard cubic metres per day (MMSCMD) of natural gas.

India ramps up ethanol drive with year-round supply, feedstock push
New Delhi: Reaffirming India's commitment to a cleaner energy future, Ashwani Srivastava, Joint Secretary, Department of Food & Public Distribution, underscored the government's strategic focus on building a robust, year-round ethanol supply chain.

Ethanol industry urges govt for roadmap beyond E-20 blending, tax cuts on flex-fuel vehicles
Sugar industry seeks to raise ethanol blending to 27% 
The Financial Express

Power sector Q2FY26 preview: Monsoon dims demand; NTPC & Tata Power set for weak quarter, renewable steady
India’s power sector slowed sharply in the September quarter as prolonged monsoon rains curbed both demand and plant load factors. In fact, thermal load factors slip to 61.9% as heavy rains dampen demand. How would this impact the second quarter earnings performance? Key brokerage firm, Nuvama expects muted profits across NTPC, Tata Power and Power Grid.

IREDA posts 42% rise in Q2 profit on clean energy loans growth
The Indian Renewable Energy Development Agency on Tuesday posted a 42% growth in its second quarter profit, helped by robust green lending growth. The renewable energy financier's profit grew to ₹549 crore ($61.8 million) in the quarter ended September 30 from ₹388 crore in the year-ago period. Its interest income rose 28.7% to ₹2,030 crore .

Key shareholders raise offer price to take ReNew private
ReNew Energy Global on Tuesday announced that it had received a final non-binding proposal from its key shareholders — Abu Dhabi Future Energy Company-Masdar, Canada Pension Plan Investment Board (CPPIB), Platinum Hawk, and Sumant Sinha, the founder, chairman and CEO of ReNew — to acquire the shares of the company for a consideration of $8.15 per share. 

Hinduja Renewables names Deepak Thakur as new MD and CEO
Mumbai: Hinduja Renewables Energy Private Limited has appointed Deepak Thakur as its Managing Director and Chief Executive Officer, effective October 1, 2025. The company announced yesterday in Mumbai. Thakur brings over 30 years of experience in renewable energy, infrastructure, industrial products, and electronics. He replaces Sumit Pandey, who has stepped down from the position.

IREDA records 145% jump in loan sanctions, 81% rise in disbursements
 

India’s Nuclear Energy Mission: Targeting 100 GW by 2047
Envisaged Reactor Mix by 2047 

Markets close lower: Nifty falls below 25,200, Sensex down 297 points; Bajaj Finance, Bharat Electronics among key losers
The Sensex ended at 82,029.98, down by 0.36%, while the Nifty finished at 25,145.50, falling 0.32%. The Nifty Bank closed the day at 56,496.45, down 0.23%.

‘Markets have downplayed potential effects of tariffs,’ warns IMF, raises India’s FY26 GDP growth forecast to 6.6%