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Mumbai: Rising land prices, increased market saturation in metro cities, and continued emphasis on infrastructure development have led developers and investors to shift their sights from metropolitan cities to tier-2 cities. As expressways, airports, industry belts, and business districts begin to shape the economy, a new breed of city emerges as an investment opportunity. Markets such as Lucknow, Prayagraj, Indore, Jaipur, Nagpur and Chandigarh are no longer being viewed merely as future growth prospects; they are demonstrating tangible demand, stronger economic fundamentals and increasing capital absorption.  Surging Land Prices  As per industry estimates, land prices in India's tier-2 and tier-3…

New Delhi: With the aim of completely transforming long-distance travel, Indian Railways is planning to introduce Vande Bharat sleeper trains on more routes. Following the success of the Vande Bharat Express, the Railways is now focusing on Vande Bharat Sleeper trains. Equipped with modern amenities, these trains run at higher speeds and could make journeys more comfortable. The Vande Bharat Sleeper train is specially designed for overnight and long-distance travel. Passengers will enjoy modern berths, improved lighting, comfortable seats, noise-reducing coaches, and state-of-the-art safety features. The railways aim to provide passengers with a comfortable and fast travel experience comparable to…

Mumbai: Benchmark stock indices Sensex and Nifty declined sharply on Tuesday, June 23, 2026, amid weak global cues, with a broad technology-led sell-off weighing on sentiment. The 30-share BSE Sensex tumbled 893.39 points or 1.16 per cent to settle at 76,200.68. During the day, the benchmark hit a high of 77,194.83 and a low of 76,082.51, gyrating 1,112.32 points. The 50-share NSE Nifty tumbled 278.80 points or 1.16 per cent to settle at 23,824.10. The broader market performed in tandem with the benchmarks. While the BSE MidCap Select Index fell 0.99 per cent, the BSE SmallCap Select Index dropped 0.50…

New Delhi: Sanjay Kumar Jain, an Indian Railway Traffic Services (IRTS) Officer of the 1990 batch, has resigned as the Chairman & Managing Director of Indian Railway Catering and Tourism Corporation Ltd (IRCTC). According to the information available, the government has accepted his resignation, but he will remain in his post until July 20, 2026. Jain took charge of the IRCTC CMD on February 14, 2024, and under his leadership, the company expanded into various areas, including ticket booking, tourism services, and catering. He is a 1990-batch Indian Railway Traffic Service (IRTS) officer with extensive experience in railway administration. Jain was instrumental…

Mumbai: Shares of Hyderabad-based IT company Blue Cloud Softech Solutions continued to surge for the second consecutive day, hitting the upper circuit even as benchmark indices traded flat, with investors staying on the sidelines after the recent rally. Weak trends in Asian markets and fresh foreign fund outflows also led to the subdued trading in equities during the early deals. The 30-share BSE Sensex declined 57.43 points to 77,061.94 in early trade. The 50-share NSE Nifty dipped 31.6 points to 24,071.30. However, they remained volatile and fell further after trading marginally higher for a brief period. Amid this, the stock…