Business

31

Dec

By The Press Editor

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Business

Auto stock under Rs 50 surges 15% as benchmark indices bounced back, check share price

According to information available on the NSE, the stock has given a positive return of 5.22 per cent but has corrected 52.94 per cent in one year. Mumbai: Shares of Uttar Pradesh-based steel and automotive player Pavna Industries surged nearly 15 per cent on Wednesday as benchmark indices bounced back on the last trading session of the year. The stock opened gap up with a gain of 9.37 per cent at Rs 22.99 against the previous close of Rs 21.02 on the BSE. It surged further amid a spurt in trading volume by 6.12 per cent to touch the high…

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31

Dec

By The Press Editor

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Business

Stocks to watch today: Indigo, Bharat Forge, RITES among stocks in focus

Stocks to watch today: Bharat Forge Limited has signed its largest Small Arms Contract with the Ministry of Defence for the supply of an indigenously designed and developed CQB Carbine (5.56 x 45 mm). Mumbai: A day after Indian equity benchmark indices witnessed range-bound activity, stock markets are expected to start on a subdued note in the final trading session amid continued FII selling and weak global cues, as several major Asian stock markets remained closed for the year-end and New Year's holidays. Foreign Institutional Investors (FIIs) remained net sellers on December 30 and offloaded equities worth Rs 3,844.02 crore,…

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31

Dec

By The Press Editor

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Business

Gold, Silver Rate Today: Silver crashes over 7%, gold too drops on MCX, check city-wise rates

Gold Price Today, Gold MCX Rate on December 31, 2025: In the international market, the COMEX gold price dropped by 0.63 per cent to approximately USD 4,358.7 per troy ounce. Mumbai: Rates of precious metals in futures trade rebounded on Tuesday, December 30, 2025, a day after major drop because of strong profit booking. The gold February 5 contract on the Multi Commodity Exchange (MCX) opened with a fall of Rs 339 at Rs 1,36,327 per 10 grams against the previous close of Rs 1,36,666. It dipped further to hit a low of Rs 1,35,618. As of last seen, the…

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31

Dec

By The Press Editor

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Business

Market Opening Bell: Sensex gains 118 points, Nifty in green on final trading session of 2025

Sensex, Nifty Today: In early trade, 1,631 stocks in the Nifty pack were trading in the green, while 646 were trading in the red. 110 stocks remained unchanged. Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened in green on Wednesday, December 31, 2025, amid mixed global cues and persistent selling by FIIs. While the 30-share BSE Sensex jumped 118.5 points to start the session at 84,793.58, the Nifty added 32.2 points to open at 25,971.05. In the last trading session, the Sensex closed at 84,675.08 and the Nifty 50 at 25,938.85. Similarly, the broader indices traded in the…

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31

Dec

By The Press Editor

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Business

In a big relief to steel manufacturers, India imposes tariffs on cheap imports from China

India, the world’s 2nd largest crude steel producer, has been grappling with a flood of low priced steel imports from China, raising anti dumping concerns and putting pressure on domestic producers. New Delhi: India has imposed a 3-year import tariff of 11–12 per cent on select steel products, a move largely aimed at curbing a surge in shipments from China. The duty will be set at 12 per cent in the first year, ease to 11.5 per cent in the second, and taper to 11 per cent in the third year. India, the world’s 2nd largest crude steel producer, has…

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30

Dec

By The Press Editor

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Business

Aadhaar–PAN linking deadline: What happens if you miss December 31 and step-by-step guide to link them

The deadline becomes important for those who have got a PAN using an Aadhaar Enrolment ID prior to October 1, 2024. New Delhi: As the current year is on the cusp of ending in a few days, the deadline to link the Aadhaar card with the Permanent Account Number (PAN) is approaching fast. Citizens holding these cards are required to undertake the linking process as early as December 31, 2025, to avoid bearing financial consequences. Especially, the deadline becomes important for those who have got a PAN using an Aadhaar Enrolment ID prior to October 1, 2024. During the Income…

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30

Dec

By The Press Editor

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Business

India overtakes Japan as world’s fourth-largest economy, set to surpass Germany by 2030

India has overtaken Japan to become the world's fourth-largest economy and is projected to surpass Germany by 2030. Strong domestic demand and consistent GDP expansion have positioned India as the fastest-growing major economy. New Delhi: India has officially moved ahead of Japan to become the fourth-largest economy in the world with a Gross Domestic Product (GDP) size of USD 4.18 trillion, according to a government update on the country's economic reforms in 2025. The report added that India is on track to surpass Germany and secure the third position by 2030 as the economy strengthens further. India continues to hold its…

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30

Dec

By The Press Editor

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Business

What changes for you from January 1? New rules on UPI, salary, Aadhaar-PAN and PM Kisan explained

The changes to come into effect in 2026 pertain to UPI, PM Kisan, government employee salaries, and Aadhaar-PAN linking rules. New Delhi: With the year 2025 slated to terminate in a couple of days, several new financial rules are expected to kick in in the upcoming year of 2026. These rules, to come into effect from January 1, 2026, will have a direct impact on the common man. The changes to come into effect in 2026 pertain to UPI, PM Kisan, government employee salaries, and Aadhaar-PAN linking rules. Changes will be occurring in the following realm:  PM Kisan: To be…

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30

Dec

By The Press Editor

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Business

Thinking of closing your credit card? Here’s how it impacts your credit score

One of the most underestimated consequences of closing a credit card is its impact on credit age. Credit bureaus track how long you have been using credit, and older accounts play a critical role in that calculation. Mumbai: As the year draws to a close, many Indians find themselves doing a financial reset. We review expenses, tidy up subscriptions, and often take a hard look at the credit cards sitting unused in our wallets. Closing an underutilised credit card can feel like a sensible move. Fewer accounts, less temptation, better control. But credit decisions are rarely just administrative. According to…

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30

Dec

By The Press Editor

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Business

Stocks to watch today: Lupin, RVNL IHCL, and BEL among stocks in focus

Stocks to watch today: Stock markets are expected to open in the red on December 30, as Gift Nifty opened lower than the previous close. Mumbai: Indian equity markets closed lower on Monday as profit-taking dominated amid thin year-end liquidity. However, experts feel that the broader structure continues to reflect a consolidation-driven phase. Meanwhile, Foreign Institutional Investors (FIIs) remained net sellers on December 29 and offloaded equities worth Rs 2759.89 crore, while DIIs extended their buying streak with net purchases of Rs 2643.85 crore. Stock markets are expected to open in the red on December 30 as Gift Nifty futures…

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