Adani Energy Solutions wins Rs 4,700 crore Maharashtra transmission project

Adani Energy Solutions secured a Maharashtra transmission project valued at Rs 4,700 crore. This project will support renewable energy evacuation and pumped storage facilities. It involves building new transmission lines and substations to enhance grid capacity. The project is scheduled for completion within thirty-six months. This development strengthens Adani Energy Solutions’ transmission order book significantly.

Gold little changed with US inflation data in spotlight

Gold prices held steady as investors kept a watchful eye on upcoming United States inflation data, which is expected to offer insights into the Federal Reserve’s interest rate decisions. Market participants are looking towards a potential pause in rate hikes next month. Concurrently, other precious metals, including silver, platinum, and palladium, experienced slight increases, reflecting…

Decoding gold rally: Why yellow metal surged 15% in one month and should bullion be in your portfolio?

Gold has staged a sharp 15% rally in August after a volatile start to the year, supported by renewed ETF inflows, strong central-bank buying, expectations around US interest rates, Treasury buybacks and a weaker dollar. With investment demand expected to remain a key driver through 2026, investors and analysts including John Paulson and Christopher Wood…