India’s industrial output growth remains unchanged at 4% in September

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Manufacturing output expanded 4.8 per cent during September, while the electricity sector grew 3.1 per cent. In contrast, mining activity slipped 0.4 per cent during the period The Index of Industrial Production (IIP) growth stood at 4 per cent in September, unchanged from August, supported by growth in the manufacturing sector, according to data released…

Adani Group stocks slide on reports of US probe into Iranian LPG trade

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Adani Group shares came under pressure on reports of a US probe into alleged Iranian LPG imports in violation of sanctions   Shares of Adani Group faced renewed pressure on reports that US prosecutors are probing Billionaire Gautam Adani’s conglomerate for violating sanctions by importing liquefied petroleum gas from Iran. The flagship firm Adani Enterprises fell as…