The Press Editor

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FMCG stock gains 5% ahead of board meeting on October 12 to approve proposals for raising funds

FMCG stock gains 5% ahead of board meeting on October 12 to approve proposals for raising funds

Shares of diversified FMCG enterprise Elitecon International Ltd jumped nearly 5 per cent on Wednesday, October 7, 2026, after the company informed exchanges that its board of directors is scheduled to meet on Monday, October 12, 2026, to consider, evaluate, and approve proposals to raise funds. The company may consider raising capital by issuing equity shares or other eligible securities. The stock started the trading session in the red amid weakness in the benchmark indices. It opened at Rs 7.25 against the previous close of Rs 7.27 on the BSE. However, it rebounded to hit a high of Rs 7.62,…
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Virat Kohli dismisses Rs 5 crore payment rumors related to Premanand Maharaj ashram visit

Virat Kohli dismisses Rs 5 crore payment rumors related to Premanand Maharaj ashram visit

Virat Kohli's camp has dismissed accusations that the former India captain received financial compensation for visiting the ashram of spiritual leader Premanand Maharaj. A spokesperson for Virat Kohli on Wednesday rejected allegations that the Indian batting stalwart was paid for his first visit to the ashram of spiritual leader Premanand Maharaj, calling them "completely false and baseless."Kohli and his actor wife Anushka Sharma are devotees of Premanand Maharaj and have made several visits to his ashram in Vrindavan.However, Falahari Maharaj recently alleged that Kohli received Rs 5 crore for his first visit to the ashram in 2023."We would like to…
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โ€˜Outstanding leadership, Vishnu avatarโ€™: World leaders laud PM Modi on 25 years of public service

‘Outstanding leadership, Vishnu avatar’: World leaders laud PM Modi on 25 years of public service

Prime Minister Narendra Modi received congratulatory messages from leaders across the world on Wednesday as he completed 25 years at the helm of government, with several global leaders praising his political leadership and contribution to India's development. World leaders highlighted Modi's role in India's growth and his efforts to strengthen the country's position on the global stage. PM Modi first took charge as the Chief Minister of Gujarat on October 7, 2001. He remained in the post until May 2014, when he became the Prime Minister of India. Since then, he has led the central government through three consecutive terms,…
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IT stock gains even in weak market as company commences execution of IBM Cloud AI order, check details

IT stock gains even in weak market as company commences execution of IBM Cloud AI order, check details

Shares of IT company Blue Cloud Softech Solutions Ltd. surged more than 5 per cent today amid Wednesday's market decline. The company's stock was trading at Rs 21.10, up 5.55 per cent, or Rs 1.11, at the time of writing the report, and on the NSE, it was trading at Rs 21.05, up 5.20 per cent, or Rs 1.04. The stock opened at Rs 20.39 against the previous close of Rs 19.99 on the BSE. Later, it touched the intraday high of Rs 22.85, representing a gain of Rs 2.86 or 14.3 per cent. The intraday low was Rs 20.27.…
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Khalid Jamil owns up to Indiaโ€™s humiliating 1-6 defeat to Uruguay: โ€˜I made many mistakesโ€™

Khalid Jamil owns up to India’s humiliating 1-6 defeat to Uruguay: ‘I made many mistakes’

India head coach Khalid Jamil took full responsibility for the Blue Tigers' crushing 1-6 defeat to Uruguay, admitting that mistakes and lapses in concentration proved costly. India head coach Khalid Jamil on Tuesday took full responsibility for his side's heavy 1-6 defeat to Uruguay, refusing to blame the 34-minute weather interruption or his players' concentration lapse as they ended their FIFA international window with two defeats and a draw.Anirudh Thapa briefly lifted the mood with a 22nd-minute equaliser, but two-time former world champions Uruguay ran riot with half a dozen goals to complete a comprehensive victory.Jamil, who saw his side…
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Why did the RBI hike the repo rate after over three years? Here are the key reasons

Why did the RBI hike the repo rate after over three years? Here are the key reasons

The Reserve Bank of India (RBI) has hiked its benchmark interest rate by 25 basis points to 5.50 per cent, its first increase in over three years. The six-member Monetary Policy Committee voted unanimously to raise the repo rate, the first such increase since Governor Sanjay Malhotra took office in December 2024. While the move was widely expected, the central bank sprang a surprise in shifting its stance towards "calibrated tightening", effectively ruling out a rate cut in the near term. "Rate cuts are off the table in the near term and policy action ahead can only be a rate…
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Bhuvneshwar Kumarโ€™s long-awaited India recall sparks joyful reaction from former India cricketer

Bhuvneshwar Kumar’s long-awaited India recall sparks joyful reaction from former India cricketer

A former India wicketkeeper-batter has welcomed Bhuvneshwar Kumar's return to the Indian T20I setup, describing the veteran pacer as a deserving selection after years of consistent performances. Former Indian cricketer and current RCB batting coach and mentor Dinesh Karthik conveyed his optimism after Bhuveshwar Kumar was called up to India's T20 international side for the upcoming New Zealand series.The Board of Control for Cricket in India (BCCI) announced a 16-member squad for the upcoming away T20 international series against New Zealand. Bhuvi, who last featured for India in 2022, will make a long-awaited comeback.The decision has sparked joy among fans…
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France student protests: Why thousands are taking to streets and what they are demanding | EXPLAINED

France student protests: Why thousands are taking to streets and what they are demanding | EXPLAINED

France is facing a major wave of student protests, with thousands of teenagers taking to the streets over what they say are poor conditions in schools, staff shortages and a lack of funding. What started with school blockades in the Paris region has quickly grown into a nationwide movement, drawing support from university students, teachers, parents, unions and other adults. The scale of the protests has grown sharply. On Tuesday, October 6, the French Interior Ministry estimated that 266,000 people took part in demonstrations across the country, including 56,000 in Paris. Organisers put the figure much higher, at around 450,000…
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Home loan EMIs to go up as RBI increases repo rate by 25 bps, hereโ€™s how much more you will have to pay

Home loan EMIs to go up as RBI increases repo rate by 25 bps, here’s how much more you will have to pay

The Reserve Bank of India has raised the key benchmark policy rate by 25 basis points to 5.5 per cent. This is the first repo rate hike in over three years and comes as an effort to tame rising inflation amid the ongoing West Asia crisis. With the rate hike, home loans, vehicle loans and corporate loans will become more expensive, and EMIs for existing borrowers will also go up. The last repo rate hike was in February 2023, when the RBI raised the rate by 0.25 per cent to 6.50 per cent. It kept the rate unchanged through 2023-24…
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Ronaldo details fallout with Portugal, exiting the national camp and what comes next

Ronaldo details fallout with Portugal, exiting the national camp and what comes next

Cristiano Ronaldo has broken his silence over his controversial departure from Portugal's UEFA Nations League camp, accusing coach Jorge Jesus of failing to honour key promises regarding his playing time and management. Cristiano Ronaldo has finally opened up about his sudden departure from the Portuguese national football camp during the UEFA Nations League, stirring a major controversy worldwide. On social media, he posted a detailed account of his sudden departure from the training camp and the fallout with the coach.The 41-year-old left Portugal's national camp ahead of last week's UEFA Nations League clash against Denmark after a breakdown in communication…
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