The Press Editor

Benchmark indices Sensex and Nifty closed sharply lower amid a fresh surge in crude oil prices, and renewed uncertainty surrounding US-Iran talks weighed heavily on investor sentiment. The 30-share BSE Sensex plunged 1124.02 points or 1.52 per cent to settle at 72,771.72. During the day, the benchmark hit a high of 73,740.85 and a low of 72,716.23, gyrating 1,024.62 points. The 50-share NSE Nifty ended with a fall of 360.25 points or 1.56 per cent and closed the session at 22,780.25. Similarly, the broader market closed in the red. While the BSE MidCap Select Index shed 251.23 points or 1.39 per…

Mobile phone retailers across the country plan to observe 'No UPI Day' on October 2, 2026, to protest the imposition of a 0.4 per cent Merchant Discount Rate (MDR) fee on UPI transactions. A senior official of the industry association AIMRA said that no UPI transactions will be accepted on October 2. The government has introduced a 0.4 per cent fee on UPI payments of more than Rs 2,000 made to merchants from October 15. However, there will be no fee on UPI transactions between two persons (P2P) and small payments below Rs 2,000. Shopkeepers to cover QR code with black…

Adroit Industries' initial public offering received strong participation from investors and was subscribed nearly 177 times on the final day, as four public offers concluded successfully on Friday. As per data available with the NSE, Adroit Industries' Rs 151-crore IPO received bids for 1,39,22,95,200 shares against 78,72,900 shares on offer, translating into 176.85 times subscription. The IPO has a fresh issue of up to 98,97,000 equity shares and an offer for sale of up to 13,50,000 equity shares. Adroit Industries IPO Allotment on NSE Step 1: Visit the official website of the NSE  allotment status page or click here https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids…

Luxury housing in Gurugram has long been about bigger homes, better specs, imported finishes and location in the city’s old high-end corridors. These features still influence buyer preferences, but are increasingly becoming part of a broader and evolving definition of luxury. For HNIs, entrepreneurs, senior corporate executives and global Indians, a home is increasingly being assessed not merely as an asset, but as a long-term lifestyle proposition. Privacy, wellness, sustainability, convenience, connectivity, considered planning, green spaces and curated amenities are increasingly becoming integral to the luxury proposition, alongside scale and specifications. Soaring capital values and improved yields This shift in…

Shares of medical technology company Lord's Mark Industries Limited are on investors' radar as the company, in its latest exchange filing, said that it has registered its haemodialysis system with the UK's Medicines & Healthcare products Regulatory Agency (MHRA) through its healthcare and med-tech unit. According to the filing, this is a significant step as the company prepares to take its AI-based dialysis technology to the UK and other connected international markets. Amid this, the stock opened in the green at Rs 94.35 against the previous close of Rs 92.77 on the BSE. This represents a gain of Rs 1.58…

The Supreme Court on Monday refused to stay the Centre's decision to impose MDR (Merchant Discount Rate) on UPI payments exceeding Rs 2,000. However, the top court has issued notice to the Centre, the Reserve Bank of India (RBI), the National Payments Corporation of India (NPCI), and the UPI Steering Committee on a plea challenging the Gazette notifications that announced charges on commercial UPI person-to-merchant transactions above Rs 2,000. "It is less a legal and more a technical issue," a bench of Chief Justice of India Surya Kant and Justices Joymalya Bagchi and V Mohana observed.  Additional Solicitor General N Venkataraman, appearing…

In a major relief to thousands of bank customers across India, all public sector bank branches will function as usual today, i.e. on September 28, 2026, because the United Forum of Bank Unions (UFBU), an umbrella body representing seven bank employees' and officers' unions, has decided to defer the three-day nationwide strike planned between September 28 and September 30. The strike was deferred after the Indian Banks' Association (IBA) assured them it would meet their demands, including a five-day workweek. State Bank of India issues customer advisory Meanwhile, State Bank of India, the country's largest public sector bank, has issued…