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Adani Group stocks rise after SEBI dismisses some Hindenburg allegations

Sept 19 (Reuters) – Adani Group stocks rose between 1% and 10% on Friday, a day after India’s market regulator dismissed parts of short-seller Hindenburg Research’s stock manipulation allegations against billionaire Gautam Adani and his conglomerate. While the Securities and Exchange Board of India has cleared two charges against Adani group firms, 22 other orders are pending. Make sense of the latest ESG trends affecting companies and governments with the Reuters Sustainable Switch newsletter. Sign up here. Adani Total Gas led gains among the nine entities with its 10% climb. Adani Enterprises, the flagship firm, rose 4.3%. Adani Power, which

Election Commission ‘colluding to destroy’ electoral process, alleges Priyanka Gandhi

Wayanad, Sep 18 (PTI) Congress leader Priyanka Gandhi Vadra on Thursday accused the Election Commission of “colluding to destroy” the electoral process. She urged people to watch Rahul Gandhi’s press conference in New Delhi, stressing that the people must stand together to defend democracy and the Constitution. “I urge everybody to see his press conference. Everybody should watch his press conference, because you should understand what is happening in our country and how the ECI is colluding to destroy the electoral process to challenge democracy in our country. “We all need to fight for democracy. We need to fight for

Gold declines Rs 600 to Rs 1,13,200/10 g on weak demand in Delhi markets

New Delhi, Sep 18 (PTI) Gold prices declined Rs 600 to Rs 1,13,200 per 10 grams in the national capital on Thursday weighed down by muted local demand, according to the All India Sarafa Association. In the previous trade, the yellow metal of 99.9 per cent purity had closed at Rs 1,13,800 per 10 grams. Similarly, gold of 99.5 per cent purity also slipped by Rs 500 to Rs 1,12,800 per 10 grams (inclusive of all taxes) from Rs 1,13,300 per 10 grams in the previous session. On the other hand, silver prices rebounded after Wednesday’s decline, by rising Rs

Rupee falls 28 paise to close at 88.13 against US dollar

Mumbai, Sep 18 (PTI) The rupee depreciated 28 paise to close at 88.13 (provisional) against the US dollar on Thursday, on hawkish Fed and a bounce back in the US dollar. Forex traders said traders assessed the US FED outlook following a rate cut. The US FED reduced rates by a quarter point as expected and indicated that it will steadily lower borrowing costs for the rest of the year. Moreover, the rupee remained under pressure on worries over US tariffs on India and global trade uncertainties. Besides, sustained foreign fund outflows also dented investor sentiments. At the interbank foreign

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