The Press Editor

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FMCG stock gains after 9 days, hits upper circuit even as markets drift lower amid fresh US-Iran tensions

FMCG stock gains after 9 days, hits upper circuit even as markets drift lower amid fresh US-Iran tensions

Shares of fast-moving consumer goods (FMCG) company Elitecon International reversed course today, gaining after nine consecutive falls. The action in the stock comes even as benchmark indices Sensex and Nifty drifted lower as elevated crude oil prices and fresh US-Iran tensions weighed on investors' sentiment. The counter opened in the red at Rs 10.12, down from the previous close of Rs 10.65. This is also its 52-week low. Amid a spurt in volume by more than 3.30 times, the counter gained and was locked in 5 per cent of upper circuit of Rs 11.18. Last seen, the stock was trading…
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No room for double standards on terrorism: PM Modi’s firm message at SCO in front of Pak PM

No room for double standards on terrorism: PM Modi’s firm message at SCO in front of Pak PM

Bishkek (Kyrgyzstan): Prime Minister Narendra Modi is addressing the 26th Shanghai Cooperation Organisation (SCO) Summit in Bishkek. "We must speak with one voice that there can be no place for double standards on terrorism," he said at the SCO summit in presence of his Pakistani counterpart Shehbaz Sharif. "We must dismantle the entire ecosystem of terrorism, its financing, recruitment, radicalisation and safe havens," he said.ย PM Modi also stressed on diplomacy over war. He said, "there is no solution on the battlefield and all wars and conflicts should be resolved through dialogue and diplomacy."ย ย  PM Modi stresses on ending warย  Earlier,…
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Jet fuel prices for domestic airlines increased by Rs 6.28 per litre; will flight travel get costlier?

Jet fuel prices for domestic airlines increased by Rs 6.28 per litre; will flight travel get costlier?

State-owned oil marketing companies have increased the price of Aviation Turbine Fuel (ATF) by Rs 6.28 per litre. This is the second consecutive month jet fuel prices have increased. With the latest price increase, aviation fuel rates have risen to Rs 121.28 per litre from Rs 115, representing a jump of 5.46 per cent. ATF prices have risen sharply since the escalation of the Middle East conflict in early 2026.ย ย  "ATF (Aviation Turbine Fuel) prices for domestic airlines increased by Rs 6.28/litre to Rs 121.28/litre from Rs 115.00," state-run Indian Oil Corporation (IOCL) sources were quoted as saying by ANI.…
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Over 100-year-old Hindu temple razed in Pakistan’s Narowal to make space for Madrasa

Over 100-year-old Hindu temple razed in Pakistan’s Narowal to make space for Madrasa

Islamabad: Over 100-year-old Hindu temple was demolished in Pakistan's Punjab province reportedly to include its land for setting up of a madrassa. As per locals, a group of religious zealots - members of a banned far-right Islamic party Tehreek-i-Labbaik Pakistan (TLP) demolished the temple to include its land in an adjacent seminary. The temple was located in Siraj village in Narowal district, about 130 kilometers from Lahore.ย  The Pakistan Masiha Millat Party (PMMP) has urged the Punjab government to take action against those involved in the demolition of the temple and ensure its reconstruction. PMMP chairman Aslam Parvez Sahotraย  said…
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Happiest Minds share price tumbles over 12% after merger announcement with ITC Infotech, ITC gains

Happiest Minds share price tumbles over 12% after merger announcement with ITC Infotech, ITC gains

Shares of Bengaluru-based Happiest Minds Technologies tumbled nearly 9 per cent on Tuesday, September 1, 2026, after the company said ITC Infotech, a wholly owned subsidiary of diversified conglomerate ITC Ltd, will acquire a 22.106 per cent stake in the company. The stock opened in the green at Rs 407.50 against the previous close of Rs 407.15. However, it saw profit booking at these levels and fell to touch the intraday low of Rs 357.50, down Rs 49.65 or 12.19 per cent from the previous close. Last seen, the stock was trading at Rs 359, and the market cap of…
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Hy-Tech Engineers IPO listing: Strong debut, shares list at over 41 premium on NSE

Hy-Tech Engineers IPO listing: Strong debut, shares list at over 41 premium on NSE

Shares of Hy-Tech Engineers, a hydraulic fitting manufacturer, made a strong debut on the bourses on Tuesday, September 1, 2026. The stock listed at Rs 72 on the BSE, a premium of 35.85 per cent to the issue price of Rs 53. The company's market valuation stood at Rs 682.94 crore.ย ย On the National Stock Exchange (NSE), the stock began trading at Rs 75, a premium of 41.51 per centย over the issue price.ย Earlier, the public issue received strong investor participation. The Rs 135.73-crore initial public offering of Hy-Tech Engineers got subscribed 244.41 times on the final day of bidding on Thursday.…
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US Army Secretary Dan Driscoll quits after short 18-month tenure; what’s behind sudden departure?

US Army Secretary Dan Driscoll quits after short 18-month tenure; what’s behind sudden departure?

US Army Secretary Dan Driscoll is stepping down after about 18 months in office, the White House has announced, marking the latest departure of a senior military leader under President Donald Trump. The White House did not give a reason for Driscollโ€™s resignation. However, tensions between him and Defence Secretary Pete Hegseth have been widely reported. Driscoll is also a longtime friend of Vice President JD Vance, whom he met while attending Yale Law School. White House spokeswoman Anna Kelly praised Driscoll, saying he had been effective in advancing Trumpโ€™s agenda at the Department of the Army. She credited him…
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Mahanagar Gas increases CNG prices by Rs 2 per kg, domestic PNG by Rs 1 per SCM, shares to be in focus

Mahanagar Gas increases CNG prices by Rs 2 per kg, domestic PNG by Rs 1 per SCM, shares to be in focus

Shares of Mahanagar Gas Limited (MGL), which supplies Compressed Natural Gas (CNG) and Piped Natural Gas (PNG), will be in focus during today's trading session after the company announced a price hike for both commodities. While MGL has increased the price of CNG by Rs 2 per kg, the price of PNG has been hiked by Rs 1 per SCM (standard cubic metre). The company has increased the prices, citing a rise in input costs due to the Middle East tensions. The new prices of CNG and PNG take effect at midnight on September 1.ย  "In view of the ongoing…
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Putting ice cubes in the dryer: Why people are trying this viral hack and how it may help reduce wrinkles in clothes

Putting ice cubes in the dryer: Why people are trying this viral hack and how it may help reduce wrinkles in clothes

Pulling a wrinkled shirt out of a laundry pile with no time left to iron it is a genuinely familiar kind of panic, and it's exactly the problem behind one of the more unusual laundry trends making the rounds online. The method is almost absurdly simple: toss a handful of ice cubes into the dryer along with wrinkled clothes, run a short, hot cycle, and the wrinkles are supposed to noticeably relax by the time the cycle ends. It sounds like the kind of thing that couldn't possibly work, but there's genuine logic behind it, along with some real limits…
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Assembly showdown between Vijay and Udhayanidhi on Cauvery issue

Assembly showdown between Vijay and Udhayanidhi on Cauvery issue

Joseph Vijay, Tamil Nadu Chief Minister, justified his demand for a bilateral dialogue with Karnataka about the Cauvery water dispute in the Assembly on Friday by saying that he is ready to accept any "humiliation" in case dialogue can ensure the protection of the state's interest. ย  Vijay made the statement amidst a tiff with the Leader of the Opposition, Udhayanidhi Stalin, over the Karnataka proposal for constructing the Mekedatu dam. Refuting the demand of Udhayanidhi for holding an all-party meeting, Vijay said that Tamil Nadu will never sacrifice its water rights and asked the opposition not to politicise the…
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