TNI Business News Beat – July 2, 2026

TNI Business News Beat – July 2, 2026

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TNI Business News Beat - July 2, 2026

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▶️Mega Adani Push in Odisha: Adani Enterprises, Odisha Government sign pact for Rs 1.08 lakh crore greenfield aluminium plant with Abu Dhabi-based IHC. The project is expected to create over 50,000 jobs, marking a major FDI in India’s metal sector.

▶️ Power Demand Surges: India’s power consumption rose 11.6% to 166.46 billion units in June, driven by strong industrial activity and seasonal demand.

▶️ Record Crude Imports: India imported record volumes of crude oil in June despite West Asia tensions, ensuring uninterrupted energy supplies.

▶️ UPI Goes Global: NPCI partnered with HSBC India and JP Morgan to strengthen cross-border UPI payments and global digital transactions.

▶️ Auto Sales Accelerate: Strong June sales continued across the auto sector, with Tata Motors, Royal Enfield, Kia, Honda and Toyota reporting healthy growth.

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