The Press Editor

New Delhi: Delhi-NCR's residential market continued its upward growth in Q1 2026, with average housing prices rising 17.6 per cent year-on-year. One of the biggest reasons for this growth has been the increasing preference for premium and luxury homes. Buyers today are prioritising larger living spaces, better amenities and integrated communities, while developers are responding by launching projects in the luxury segments. According to ANAROCK's Q1 2026 Residential Market Viewpoints report, Delhi-NCR recorded around 16,000 new housing launches during the quarter while average quoted prices reached Rs 9,620 per sq. ft., underlining the strength of the market.  Today's rise in…

Mumbai: Benchmark indices Sensex and Nifty came under renewed pressure on Tuesday as escalating tensions in West Asia drove crude oil prices sharply higher. The 30-share BSE Sensex dropped 561.46 points or 0.72 per cent to settle at 77,054.95. During the day, the benchmark hit a high of 77,402.79 and a low of 77,001.48, gyrating 401.31 points. The 50-share NSE Nifty was down by 158.95 points or 0.66 per cent and ended the session at 24,052.05. Similarly, the broader market was under pressure and ended the session in the red. While the BSE MidCap Select Index fell 186.51 points or…

Mumbai: Amid the volatility in the stock market, shares of Delhi-based PC Jeweller are on investors' radar as the company has informed exchanges that its board of directors will meet on Thursday, July 16, 2026, to discuss its business expansion strategy and consider a proposal to raise funds through a Qualified Institutions Placement (QIP). This fundraising will be done by issuing shares, subject to shareholder and regulatory approval. The company stated that the proceeds from the QIP will primarily be used for business expansion, strategic growth projects, capital requirements, and general corporate purposes.  The company will repay its remaining debt…

New Delhi: A sharp rise in food and non-food prices pushed wholesale inflation to 9.87 per cent in June, up from 9.68 per cent in May, according to the latest data released by the government. Fuel and Power recorded the highest inflation among major groups at 27.41 per cent, followed by Manufactured Products at 7.48 per cent and Primary Articles at 7 per cent. The increase was largely driven by mineral oils, crude petroleum and natural gas, chemicals and chemical products, and basic metals.  “Rise in energy, petrochemicals and metals points to renewed cost-push inflation with broad-based acceleration, with inflation…

Mumbai: Gold Price Today, Gold MCX Rate: Rates of precious metals in futures rebounded on Tuesday, July 14, 2026, even as escalating tensions in the Middle East continued to weigh on global risk sentiment. The gold August 5 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 640 or 0.45 per cent at Rs 1,40,949 per 10 grams against the previous close of Rs 1,40,309. It further touched an intraday high of Rs 1,41,698, a gain of Rs 1,389 or 0.98 per cent. In between, it touched an intraday low of Rs 1,40,796. Last seen, it…