Fertiliser support: Cabinet clears Rs 41,534 crore nutrient-based subsidy for Kharif 2026; DAP price kept unchanged​Business News Today: Stock Markets, Financial News, India Business & World Business News

The Union Cabinet has approved a Rs 41,534 crore nutrient-based subsidy for the Kharif 2026 season to protect farmers from global price volatility. Di-ammonium phosphate (DAP) prices will remain at Rs 1,350 per 50 kg bag, ensuring affordable fertiliser availability amid rising international rates.

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Adani group stocks rise up to 13%, add Rs 96,000 crore to market cap; what’s driving the rally?​Business News Today: Stock Markets, Financial News, India Business & World Business News

Adani Group stocks surged up to 13% after Gautam Adani sought dismissal of a US SEC civil case, citing no credible evidence of bribery. Lawyers argued the alleged actions were extraterritorial and took place in India. This, along with a positive outlook for Adani Green Energy, boosted investor sentiment.

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Kuwait revenues slip, Iraq exports hit, Saudi gains windfall: How Hormuz blockade is reshaping Gulf oil fortunes​Business News Today: Stock Markets, Financial News, India Business & World Business News

The Middle East conflict’s sixth week sees global energy markets reeling. Soaring crude prices offer windfalls to some Gulf producers like Iran and Saudi Arabia, despite export drops. Others, heavily reliant on the Strait, face severe revenue plunges. The disruption, following airstrikes on Iran, has led to significant oil supply shocks worldwide.

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Stock market today: Nifty50 ends up at 23,123; Sensex climbs 500 points to 74,616​Business News Today: Stock Markets, Financial News, India Business & World Business News

Dalal Street opened higher on Tuesday, with benchmark indices rising after a strong rebound in the previous session. Intense buying in banking and IT stocks, coupled with a strengthening rupee, boosted investor confidence. Global markets showed a mixed trend as oil prices climbed amid Middle East tensions.

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