2026-03-16 07:18:29| BBC News | Business | World Edition

The local authority said it was a "difficult decision" but other support would still be available

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Citi cuts Nifty's target to 27,000 on earnings, macro risks from raging Iran war

2026-03-16 07:00:20| The Economic Times

Citi Research has lowered its year-end Nifty 50 target to 27,000, citing escalating Middle East war risks impacting India's growth and corporate earnings. Surging oil and supply shocks are worsening the economic outlook, with potential disruptions to LPG, LNG, fertilizers, and petrochemicals. The brokerage also downgraded the auto sector to 'neutral' due to price spikes and potential semiconductor issues.

Category: News and Media

Adani Power shares jumps 5% after MSEDCL awards 1,600 MW long-term supply contract

2026-03-16 06:56:48| The Economic Times

Adani Power's shares rose 5% after securing a 1,600 MW thermal power supply deal with MSEDCL. The company will supply power from an upcoming ultra-supercritical project at a tariff of Rs 5.30/kWh, commencing in FY30-31. This win boosts Adani Power's secured capacity and supports India's thermal power expansion goals.

Category: News and Media

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