Business

07

Jan

By The Press Editor

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Business

Market Opening Bell: Sensex tumbles 442 points, Nifty below 26,150, Titan gains nearly 3%

Sensex, Nifty Today: Gift Nifty, an early indicator for the Nifty 50, indicated a negative start as it opened with a dip of 68 points at 26,211.50, compared to the previous close of 26,279.50. Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened in the red on Wednesday, January 7, 2026, amid mixed global cues. While the 30-share BSE Sensex shed 442.94 points to start the session at 84,620.40, the Nifty fell by 35.6 points to open at 26,143.10. In the last trading session, the Sensex closed at 85,063.34 and the Nifty 50 at 26,178.70. Similarly, the broader indices…

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06

Jan

By The Press Editor

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Business

SBI Life-owned NBFC stock in focus as company raises funds to strengthen capital efficiency, details here

On the National Stock Exchange (NSE), the counter began the trading session at Rs 35.51 against the previous close of Rs 35.48. Mumbai: Shares of SBI Life-owned non-banking finance company (NBFC) Paisalo Digital will be in focus as the company stated that it raised Rs 188.5 crore through its listed issue in the third quarter. The started the trading session in the green at Rs 35.58 against the previous close of Rs 35.55 even as benchmark indices Sensex and Nifty declined in early trade, dragged by heavy selling in blue-chips Reliance Industries, HDFC Bank, and worries over fresh warning from…

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06

Jan

By The Press Editor

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Business

India’s airport story is ushering real estate market, here’s what experts say

Jewar International Airport has transformed Noida, Greater Noida, and the Yamuna Expressway into a high-growth real estate hub. New Delhi: India’s next wave of mega airports is triggering a real estate gold rush, transforming peripheral regions into high-growth investment corridors. With Noida International Airport to be inaugurated, Navi Mumbai International Airport already operational, and MOPA airport already inaugurated, the land and property markets around these hubs are witnessing unprecedented activity. Improved connectivity, infrastructure upgrades, and accelerated urban development are driving residential, commercial, and industrial demand, attracting investors, end-users, NRIs, and institutional players seeking long-term capital appreciation. Property values near these…

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06

Jan

By The Press Editor

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Business

Water Metro on Gomti? Yogi Govt reviews big plan that could transform Lucknow travel

According to what officials have indicated, the preparatory work for kick-starting the Water Metro on the Gomti is likely to begin shortly. Lucknow: In a landmark move, the Uttar Pradesh government, led by Chief Minister Yogi Adityanath, is planning to launch a water metro system on the Gomti River in the state’s capital, Lucknow. In a recent meeting with Kochi Metro Director Sanjay Kumar, Transport Minister Dayashankar Singh reviewed the technical feasibility of operating a Water Metro on the Gomti River. In the meeting, the discussions revolved around the findings of the feasibility study conducted for Lucknow. The feasibility study…

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06

Jan

By The Press Editor

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Business

Kedarnath: After ropeway, govt proposes 7 Km twin-tube tunnel linking Chaumasi with Sonprayag

Planned to be a twin-tube structure, the upcoming project will offer an alternative route to Sonprayag, along with acting as an emergency escape passage during bad weather or other crises. Dehradun: With the aim of improving road connectivity to Kedarnath, the Centre has identified a new 7-km tunnel. If it comes to fruition, the project will reduce travel time and improve safety for pilgrims. The tunnel will link Chaumasi in the Kalimath Valley near Guptkashi to Sonprayag, according to an ET report. Notably, Sonprayag is the starting point of the ropeway, which will facilitate pilgrims’ movement to the shrine. The…

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06

Jan

By The Press Editor

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Business

Aadhaar PVC card fees increased: Here’s how much you’ll pay in 2026

In its physical form, the Aadhaar PVC card is similar in size to a credit or debit card and is designed to be more durable than paper versions. New Delhi: In its latest price update, the UIDAI has hiked the service charge for the Aadhaar PVC card from Rs 50 to Rs 75. The updated charges will encompass taxes and delivery charges. This marks the first price hike after the service was introduced in 2020. Users will be required to pay more if they seek to obtain an Aadhaar PVC starting January 2026. In an announcement, the Unique Identification Authority…

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06

Jan

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Business

Coal India subsidiary Bharat Coking Coal sets IPO price, check subscription date and other details

Bharat Coking Coal IPO: The company said that it has fixed a price band of Rs 21 to Rs 23 per share for its IPO. At the higher end, the company is valued at over Rs 1,071 crore. Mumbai: Bharat Coking Coal Ltd (BCCL), a subsidiary of Coal India, has announced that its upcoming Rs 1,071-crore initial public offering (IPO) will open for subscription on January 9, 2026. This will make it the first IPO of the year. The three-day issue will close on January 13, while anchor investor bidding is scheduled for January 8, according to its statement. The…

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06

Jan

By The Press Editor

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Business

Budget 2026: Rice exporters push for major tax relief and freight support to bolster sector’s competitiveness

The Indian Rice Exporter's Federation has called for major tax, credit and freight support in Budget 2026 to strengthen the sector's competitiveness and sustainability. It has also pressed for a waiver of retrospective duty demands and improvements in quality compliance systems. New Delhi: The Indian Rice Exporter's Federation (IREF) has urged the central government to introduce a package of tax incentives, interest support and freight assistance in the upcoming Union Budget 2026. The federation believes these measures will help the rice sector maintain its global edge while also addressing long-term sustainability concerns. In its formal representation to Finance Minister Nirmala Sitharaman,…

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06

Jan

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Business

Reliance Share Price: Why Reliance Industries decline over 5% today? Find out

Reliance Share Price: At the National Stock Exchange (NSE), Reliance Industries share price went down by 5.18 per cent to Rs 1,496.30. Mumbai: Shares of Reliance Industries tumbled by over 5 per cent on Tuesday, January 6, 2025. The stock started the trading session at Rs 1575.55 against the previous close of Rs 1,577.45 on the BSE. The stock dipped further to touch the low of Rs 1497.05, representing a fall of 5.1 per cent from the last closing price. Last seen, the stock was trading at Rs 1,505.45 with a fall of 4.56 per cent, and the market cap…

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06

Jan

By The Press Editor

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Business

Gold, silver surge on MCX as Venezuela unrest fuels safe-haven demand | Check city-wise rates

Gold Price Today, Gold MCX Rate: In the international market, the COMEX gold price was up by 0.55 per cent to approximately USD 4,476 per troy ounce. Mumbai: Rates of precious metals in futures trade continued to surge on Tuesday, January 6, 2026, as heightened political turmoil in Venezuela and rising geopolitical tensions involving the US and Latin American nations have fueled safe-haven demand. The gold February 5 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 546 at Rs 1,38,300 per 10 grams against the previous close of Rs 1,38,120. It gained further, reaching a…

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