Business

27

Dec

By The Press Editor

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Business

IT stock trades higher as company signs MoU for automotive EdgeAI chips, check details

The stock has a 52-week high of Rs 52.64 and 52-week low of Rs 14.94. The stock's 14-day relative strength index (RSI) is 52.76. Mumbai: Shares of Blue Cloud Softech Solutions Ltd, a smallcap company with a market cap of Rs 1,089.83 crore, are once again in action as the company has signed a memorandum of understanding (MoU) for automotive Edge AI. The stock opened in green at Rs 24.69 against the previous close of Rs 24.48 on the BSE. The scrip gained further to touch the high of Rs 25.20, representing a gain of 2.94 per cent from the…

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27

Dec

By The Press Editor

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Business

Is your Income Tax refund stuck? Here’s why it’s on hold and what taxpayers should do

In comparison to the same period of last year, the refund payouts between April and September 2025 were significantly lower. New Delhi: Several taxpayers across the country have received emails and/or SMS messages from the Income Tax Department, which state that their income tax refunds have been put on hold due to 'mismatches' in their ITR filings. One primary reason behind this issue is the slowdown experienced in the issuance of refunds this year. In comparison to the same period of last year, the refund payouts between April and September 2025 were significantly lower. Notably, overall direct collections increased in…

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27

Dec

By The Press Editor

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Business

Navi Mumbai International Airport begins operations: How to reach via road, rail and other transport options

Navi Mumbai International Airport: Along the airport’s approach roads, signage for taxi, auto-rickshaw, and bus stands has been installed. Mumbai: The Navi Mumbai International Airport (NMIA) began commercial operations from Thursday, December 25, people are seeking ways to access the airport. The NMIA, which provides a significant connectivity boost to the Mumbai Metropolitan Region, is accessible via multiple modes of transport. Flyers can use roads, suburban rail, or taxi or bus services to reach the airport.    Road options to reach NMIA   • The Mumbai Trans Harbour Link: This road is also known as Atal Setu. Passengers will be…

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27

Dec

By The Press Editor

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Business

UP Govt clears Rs 1,246-Crore Greenfield Expressway to link Jewar Airport with Ganga Expressway

The project plans reveal that an interchange is expected to come up near Sector 21. The interchange will be in close proximity to the upcoming Film City along the Yamuna Expressway. New Delhi: In a major infrastructure push, the Uttar Pradesh government, led by Chief Minister Yogi Adityanath, has announced the construction of a greenfield expressway with a budgetary outlay of Rs 1,246 crore. The upcoming project aims to link Noida International Airport at Jewar to the Ganga Expressway. Initially, the provision for the expressway was made in the first supplementary budget for the financial year 2025–26, which was presented…

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27

Dec

By The Press Editor

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Business

Massive credit card rule change alert: ICICI Bank to charge more and limit rewards – Full details here

The changes will apply on platforms like Dream11, Rummy Culture, Junglee Games, and MPL. Additionally, these changes will be applicable to similar merchant category codes (MCCs) introduced in the future. New Delhi: For those who use the ICICI Bank credit card, the new year may not bring such good news. The bank is slated to introduce several crucial changes that may increase your expenses. The changes are expected to be rolled out on January 1, 2026. The upcoming changes include an increase in charges for some transactions and an alteration in credit card reward benefits.  New rules to be implemented…

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27

Dec

By The Press Editor

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Business

From volatility to validation: NCR’s standout run in the 2025 property market

As the region looks ahead to 2026, NCR enters the next phase of its real estate cycle with sharper market segmentation and clearer roles across geographies. New Delhi: 2025 emerged as a year of reset for the NCR real estate market, marked more by consolidation and renewed buyer confidence than by aggressive expansion. After years of uneven cycles, homebuyers displayed a clear shift in intent; moving away from speculative purchases towards well-planned, end-user–oriented homes backed by credible developers and visible infrastructure progress. Sales momentum across NCR stabilised, supply remained measured, and decision-making became more discerning. Within this broader transition, Gurugram…

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27

Dec

By The Press Editor

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Business

From resale value to longevity, Reia Diamonds CEO Prapanjj SK Kota explains everything about lab-grown diamonds

In terms of longevity and even shine, a lab-grown diamond is the same as a natural diamond. Since it is chemically and physically the same, it will last forever, and its shine will be evergreen. New Delhi: From resale value to longevity, Reia Diamonds CEO Prapanjj SK Kota explains everything about lab-grown diamonds  The lab-grown diamond (LGD) market is experiencing significant growth, with a 2024 market size of approximately USD 25-30 billion. Reports suggest it is likely to double, reaching USD 75-82 billion by 2034. According to Prapanjj SK Kota, Founder & CEO of Reia Diamonds, the exponential growth of…

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27

Dec

By The Press Editor

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Business

India’s first fully elevated railway terminal proposed in Yelahanka at Rs 6,000 crore: Details

Being planned over an area of almost 20 acres, the terminal is slated to be built on land belonging to the Railway Wheel Factory (RWF). Bengaluru: Taking inspiration from China’s Hangzhou railway station, the South Western Railway (SWR) has given a proposal for the construction of an airport-style coaching terminal in North Bengaluru’s Yelahanka, which would be a modern, sprawling facility. According to a report by Moneycontrol, the project, once approved, will become Bengaluru’s fourth major terminal after Sir M Visvesvaraya Terminal at Byappanahalli, joining KSR Bengaluru City and Yeswantpur.  Planned in an area of 20 acres Being planned over…

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27

Dec

By The Press Editor

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Business

Centre gives nod to two new airlines after IndiGo crisis; Al Hind Air, FlyExpress to take skies

Apart from Air India, Air India Express, IndiGo and state-owned Alliance Air, other scheduled carriers are Akasa Air, SpiceJet, Star Air, Fly91 and IndiaOne Air, as per latest data from the Directorate General of Civil Aviation (DGCA). New Delhi: The Civil Aviation Ministry has cleared two new airlines—Al Hind Air and FlyExpress—to begin operations next year, according to a PTI report. Both carriers received their no-objection certificates (NOCs) from the ministry on Wednesday. In addition, Uttar Pradesh-based Shankh Air is also preparing to enter the aviation market and is expected to launch flight operations in 2026. The airline has already…

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27

Dec

By The Press Editor

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Business

Will your PF account still earn interest even after you leave job? Know truth here

After you leave your job, your PF account is considered active for the next 36 months. After this period ends, the account is marked as inoperative. However, the "inoperative" account does not mean "non-earning." New Delhi: Several employees believe that after they leave a job, their Provident Fund (PF) account stops earning interest after a few years and confusion often leads to rushed withdrawals or unnecessary worry about losing hard-earned savings. However, in reality, the Employees' Provident Fund Organisation (EPFO) has made regulations in a way that it continues to protect and grow an employee's PF balance, even after job…

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