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To strengthen road connectivity in Northeast India, the central government has announced a major highway project. Union Road Transport and Highways Minister Nitin Gadkari announced plans for a 630-kilometre corridor connecting Siliguri, Guwahati, and Shillong. The total project will cost approximately Rs 61,500 crore. Once completed, the project will reduce travel time and improve connectivity in the strategically important Northeast region. Speaking at an event in Assam, Gadkari said the first section of the proposed corridor will run between Siliguri and Guwahati. This approximately 400-kilometre section will cost approximately Rs 30,000 crore. This will involve new road construction and upgrades…

Precious metal futures remained under pressure on Tuesday, September 29, 2026, a day after a sharp break amid interest-rate-hike speculation ahead of US economic data this week. The gold October 5 contract on the Multi Commodity Exchange (MCX) opened with a drop of Rs 28 at Rs 1,46,776 per 10 grams against the previous close of Rs 1,46,804. However, it later picked momentum and touched the intraday high of Rs 1,46,963, a gain of Rs 159 or 0.10 per cent. Last seen, it traded at Rs 1,46,599, down Rs 205 or 0.14 per cent. In between, it touched the low…

Today is the last day to subscribe to the initial public offering (IPO) of Orient Cables (India) Ltd. The initial share sale of the Gurugram-headquartered company received a decent response from investors at the end of the second day of the subscription window and was subscribed 8.32 times. According to data available with the National Stock Exchange (NSE), the IPO received bids for 12,45,46,565 shares against 1,49,76,743 shares on offer. The portion for non-institutional investors garnered 17.37 times subscription, while the retail investor category was subscribed 9.16 times. The quota for Qualified Institutional Buyers (QIBs) received 6 per cent subscription.…

Indian equity benchmark indices, the Sensex and Nifty, opened in the red a day after a sharp correction as elevated crude oil prices continue to dampen risk sentiment and limit prospects of a meaningful rebound. While the 30-share BSE Sensex shed 138.04 points or 0.19 per cent to start the session at 72,633.68, the Nifty fell 47.80 points to open at 22,732.45. In the last trading session, the Sensex closed at 72,771.72 and the Nifty 50 at 22,780.25. However, the broader indices traded mixed in the opening session. While the BSE Midcap Select Index added 11.37 points, the BSE Smallcap…