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US agrees to settle lawsuit that accused adani of hiding an alleged bribery scheme

NEW YORK, May 15, 2026 (AP) — The U.S. government has agreed to settle a lawsuit filed against one of the world’s richest people who is accused of duping investors by concealing that his company’s huge solar energy project in India was being facilitated by an alleged bribery scheme, according to court filings published Thursday. In the lawsuit filed in late 2024, the Securities and Exchange Commission accused Indian billionaire Gautam Adani and his nephew Sagar Adani — both leaders of the energy company Adani Green Energy Limited — of promising to pay Indian government officials the equivalent of hundreds

Compromised PM didn’t sign trade deal with US, but a bargain for Adani’s release: Rahul Gandhi

New Delhi, May 15 (PTI) Congress leader Rahul Gandhi on Friday accused Prime Minister Narendra Modi of signing a trade deal with the US only to secure the “release” of billionaire businessman Gautam Adani. “Compromised PM did not strike a trade deal, but a bargain for Adani’s release,” Gandhi said in a post in Hindi on X, after reports that the US has agreed to settle the lawsuit that accused Adani of hiding alleged bribery. Compromised PM ने trade deal नहीं, अडानी की रिहाई का सौदा किया। — Rahul Gandhi (@RahulGandhi) May 15, 2026 The US government has agreed to

Will lead to further inflation, growth estimates will be lowered considerably: Congress on fuel hike

New Delhi, May 15 (PTI) The Congress on Friday attacked the Modi government over the petrol and diesel price hike, saying it is bound to lead to further inflation and growth estimates will be lowered considerably. In a post on X, Congress general secretary Jairam Ramesh said that with international oil prices soft or declining for years, the Indian National Congress had been urging that those benefits should be passed on to Indian consumers and that domestic prices of gas, petrol, and diesel should be reduced. That, however, did not happen and consumers were “fleeced”, he said. “Now that international

Stock markets rise in early deals as IT stocks rally; Sensex gains 451 pts

Mumbai, May 15 (PTI) Benchmark equity indices Sensex and Nifty climbed in early trade on Friday, supported by buying in IT stocks and firm trends in the US markets. The 30-share BSE Sensex jumped 451.46 points, or 0.60 per cent, to 75,850.18 in morning trade. The 50-share NSE Nifty rose 143.25 points, or 0.60 per cent, to 23,832.85. Among the major gainers from the Sensex pack were Infosys, Tech Mahindra, Tata Consultancy Services, HCL Technologies, Kotak Mahindra Bank, HDFC Bank, PowerGrid, Bharti Airtel, Titan, Bajaj Finance, and Maruti Suzuki India. On the other hand, Reliance Industries, State Bank of India,

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