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

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…

April-February fiscal deficit lower at Rs 13.5 lakh crore, capex spending also slower at 80% of FY25 target

India’s capex lagged at Rs 8.1 lakh crore, and with a month to go, Centre may have to spend Rs 2.1 lakh crore in March to reach the Budget target of Rs 10.2 lakh crore for FY25. Fiscal deficit numbers for February Centre’s fiscal deficit between April and February has come in at Rs 13.5 lakh crore,…