Adani Ports and Special Economic Zone on Thursday said it will acquire a 100 per cent stake in Jaypee Fertilizers & Industries from Jaiprakash Associates for Rs 1,500 crore, as part of the NCLT-approved resolution plan for JAL.

Adani Ports and Special Economic Zone Ltd (APSEZ), in a regulatory filing, said the acquisition will further consolidate the company's inland logistics presence and service capabilities in North India.

Uber said it will partner with India’s JSW Group to jointly develop and deploy electric vehicles tailored for the country’s ride-hailing market, as the companies seek to accelerate EV adoption and support India’s broader net-zero ambitions.

The companies signed a memorandum of understanding (MoU) last week at JSW’s Mumbai headquarters, with the agreement formalised by Parth Jindal of JSW Group and Uber Chief Executive Dara Khosrowshahi.

The Reserve Bank of India is considering all of its available options to stabilize the rupee, including an interest rate hike, more currency swaps and raising dollars from investors overseas, according to people familiar with the matter.

Top officials at the RBI, including Governor Sanjay Malhotra, have held a series of internal meetings to discuss the possible course of actions available after the rupee plunged to a fresh low of almost 97 to a dollar this week.

The United Nations has revised downward India's economic growth forecast for 2026 to 6.4 per cent from its earlier projection of 6.6 per cent, citing global uncertainties and economic shocks arising from the ongoing West Asia crisis.

As per the report released by the UN Department of Economic and Social Affairs (UN DESA) on Tuesday, India, however, remains one of the fastest-growing major economies.

Andhra Pradesh has approved the allocation of the 2,250 megawatt (Mw) Gandikota-2 Pumped Storage Project (PSP) in YSR Kadapa district to Adani Hydro Energy Eleven, strengthening the state’s position as India’s clean energy hub.

Gandikota-2 PSP – scheduled to be completed within 72 months – is one of the largest pumped storage projects in the country and a key pillar of Andhra Pradesh’s power infrastructure strategy.

Global investors expect the Indian rupee to weaken further, with some even gaming out scenarios where the currency falls to an unprecedented 100 per dollar.

Firms including Aberdeen Investments, MetLife Investment Management and Gamma Asset Management SA say the rupee hitting three digits versus the greenback remains a possibility.

Union Civil Aviation Minister Kinjarapu Rammohan Naidu on Wednesday said the country must be prepared to tackle any possible fallout of the escalating crisis in West Asia, although the situation was "not worrisome for India at present".

During his maiden visit to Ranchi, Naidu said every sector, including civil aviation, must plan proactively to minimise the impact of the cirsis on people and the country.

President Donald Trump threatened to resume strikes on Iran in the coming days as part of the push for a deal to end the war, after he said he had just called off a US attack.

“I hope we don’t have to do the war, but we may have to give them another big hit,” Trump told reporters on Tuesday.

Reliance Industries Limited (RIL) and two other foreign firms on Wednesday told the Supreme Court that they would write to the Centre for mediation in the Krishna-Godavari basin gas migration dispute.

The matter was mentioned before a bench of Chief Justice Surya Kant and Justices Joymalya Bagchi and Vipul M Pancholi.

The West Bengal government on Monday sanctioned the prosecution of former R G Kar Medical College and Hospital principal Sandip Ghosh in connection with a case of financial irregularities linked to the institution.

An order issued by the Department of Health and Family Welfare stated the governor, being the competent authority.

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