The Press Editor

9350 Posts
Trump labels Strait of Hormuz ‘new US territory’ as Iran says waterway to remain shut
18
Aug
By The Press Editor
World

Trump labels Strait of Hormuz ‘new US territory’ as Iran says waterway to remain shut

Washington: US President Donald Trump on Tuesday (August 18) posted an image of a map labelling the Strait of Hormuz as a 'new US territory' amid ongoing tensions with Iran over the strategic waterway. The post comes as Iran continues to restrict navigation through the Strait of Hormuz, a crucial maritime route for global energy shipments. The US President shared the map on his Truth Social platform without any additional comment. Last week, Trump had said that he would 'pretty soon' declare the Strait of Hormuz a territory of the United States. (Image Source : SCREENSHOT/TRUTHSOCIAL )Trump posts map labeling…
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Is turning SIP into a market-timing strategy the right thing for investors? Find out here
18
Aug
By The Press Editor
Business

Is turning SIP into a market-timing strategy the right thing for investors? Find out here

New Delhi: For a long-term investor, high market valuations by themselves should not be a reason to stop systematic investment plans (SIPs). The purpose of an SIP is to avoid repeatedly deciding whether today is the right time to invest. Markets can remain expensive for long periods, and waiting for a correction can result in investors sitting on cash while markets continue to rise. Equally, if markets correct after an investor has started or increased an SIP, subsequent instalments buy more units at lower prices. This averaging across different market levels is one of the main benefits of systematic investing.…
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Markets extend losing streak to 6th consecutive session as Sensex falls 492 points, Nifty ends near 24,150
18
Aug
By The Press Editor
Business

Markets extend losing streak to 6th consecutive session as Sensex falls 492 points, Nifty ends near 24,150

Mumbai: Benchmark indices Sensex and Nifty extended their losing streak to a sixth consecutive session on Tuesday, amid weakness across global markets as rising crude oil prices and a sharp sell-off in US Treasuries weighed on investor sentiment. The 30-share BSE Sensex closed 492.70 points or 0.63 per cent lower at 77,235.46. During the day, the benchmark hit a high of 77,575.21 and a low of 77,234.36, gyrating 340.85 points. Similarly, the 50-share NSE Nifty fell 132.75 points or 0.55 per cent to close at 24,154.90. However, the broader market ended the session mixed. While the BSE MidCap Select Index…
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Imran Khan ordered to be shifted from jail to hospital by Pakistan Supreme Court amid health concerns
18
Aug
By The Press Editor
World

Imran Khan ordered to be shifted from jail to hospital by Pakistan Supreme Court amid health concerns

Islamabad: Pakistan's top court has ordered that the former Prime Minister Imran Khan should be moved to a private hospital amid concerns over his deteriorating health. The Supreme Court has directed Khan to move to Shifa International Hospital within 48 hours and remain there until September 16.ย  The 73-year-old former cricketer-turned-politician has been incarcerated at Pakistan's Adiala Jail since 2023 and is facing several cases. His party, Pakistan Tehreek-e-Insaf (PTI), has repeatedly alleged that authorities have prevented him from meeting family members and party colleagues and have failed to provide adequate medical treatment for his health problems, including an eye…
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Smallcap FMCG stock under Rs 50 trades in green even as markets witness profit booking, here’s why
18
Aug
By The Press Editor
Business

Smallcap FMCG stock under Rs 50 trades in green even as markets witness profit booking, here’s why

Mumbai: Shares of cigarette and tobacco products manufacturer Elitecon International are trading in the green even as there is selling in the broader market, as investors remain cautious amid persistent geopolitical uncertainty and elevated crude oil prices. The stock opened in the green at Rs 17.15 against the previous close of Rs 16.73 on the BSE, a gain of Rs 0.42 or 2.51 per cent. Last seen, the stock was trading at Rs 17 with a gain of 1.61 per cent from the previous close. The market cap of the company stood at Rs 2,717.45 crore.ย  Company shares update on…
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18
Aug
By The Press Editor
Entertainment

Pierce Brosnan joins Chris Hemsworth in โ€˜Extraction 3โ€™

Pierce Brosnan has joined actor Chris Hemsworth in Netflix's upcoming action film 'Extraction 3', with the franchise adding four other actors as filming gets underway in Australia. ย  Brosnan, a two-time Golden Globe nominee, is among five new cast members announced for the latest instalment of the action franchise. Also joining the film are Don Lee, Joe Taslim, Chi Lewis-Parry and Siena Agudong. ย  The roles for the new cast members are being kept under wraps, while the plot details for 'Extraction 3' have also not been disclosed. ย  Hemsworth will return as Tyler Rake, the Australian mercenary at the…
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Gold pulls back after touching a high of Rs 1,55,465 on MCX, silver drops 1% amid rise in oil prices
18
Aug
By The Press Editor
Business

Gold pulls back after touching a high of Rs 1,55,465 on MCX, silver drops 1% amid rise in oil prices

Mumbai: Rates of precious metals in futures declined on Tuesday, August 18, 2026, amid a hike in crude oil prices. The gold October 5 contract on the Multi Commodity Exchange (MCX) opened with a drop of Rs 589 or 0.37 per cent at Rs 1,55,351 per 10 grams against the previous close of Rs 1,55,940. However, it later picked momentum and touched the intraday high of Rs 1,55,465, a gain of Rs 475 or 0.30 per cent. But it slipped again and was last seen trading at Rs 1,55,330, down Rs 610 or 0.39 per cent. In between, it touched…
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Rs 200 dividend stock to trade ex-date soon, check record date, payment date and other details
18
Aug
By The Press Editor
Business

Rs 200 dividend stock to trade ex-date soon, check record date, payment date and other details

Mumbai: Shares of Bengaluru-based innerwear and loungewear maker Page Industries are set to trade ex-date soon for an interim dividend of Rs 200 for the financial year 2026-27. The shares will trade ex-date, a cut-off day when a stock starts trading without the next corporate benefit, like a dividend. Therefore, to be eligible for a corporate action, investors must hold the stock in their demat account before this date. An ex-date is important because it helps the company determine shareholders' eligibility for a corporate action.ย  Page Industries dividend record date, ex-date Page Industries, the Indian licensee of the Jockey and…
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Logistics stock jumps 4% as company settles FEMA contravention with RBI compounding order
18
Aug
By The Press Editor
Business

Logistics stock jumps 4% as company settles FEMA contravention with RBI compounding order

Mumbai: Shares of logistics solution provider Tiger Logistics are trading in the green even as market benchmark indices Sensex and Nifty declined in early trade amid a fresh rise in crude oil prices and rising tensions in West Asia, weighing heavily on investor sentiment. While the 30-share BSE Sensex fell 278.32 points to 77,450.64, the 50-share NSE Nifty dropped by 57.65 points to 24,230.45. Despite this, the stock opened flat at Rs 27.03 on the BSE. The stock later gained amid buying interest and touched an intraday high of Rs 28.13, representing a gain of Rs 1.1 or 4.06 per…
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Milky Mist Dairy shares make decent debut on bourses, list a 18% premium over IPO price
18
Aug
By The Press Editor
Business

Milky Mist Dairy shares make decent debut on bourses, list a 18% premium over IPO price

Mumbai: Shares of packaged food company Milky Mist Dairy Food made a decent debut today, i.e., on August 18, 2026, listing with a gain of Rs 17.86 per cent at Rs 165, taking the company's market valuation to Rs 12,702.42 crore. Post-listing, the stock surged to touch aย high of Rs 171.50 on the BSE.ย On the National Stock Exchange (NSE), it hit a high of Rs 171.68. Earlier, the Rs 1,553-crore public issue received good response from investors and was subscribed 56.12 times during the three-day subscription window that concluded on Thursday. According to data available on the National Stock Exchange…
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