Business

16

Jan

By The Press Editor

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Business

Stock under Rs 50 hits 5% upper circuit as markets rebound, check share price

Meanwhile, the BSE has placed the stock under the Short Term Additional Surveillance Measure Stage 4 (ST ASM-4) framework. Mumbai: Shares of Spice Lounge Food Works are in action as equity benchmark indices Sensex and Nifty rallied on Friday, driven by a sharp jump in Infosys after the company raised its revenue growth guidance for FY26. The 30-share BSE Sensex climbed 343.44 points to 83,726.15 in early trade. The 50-share NSE Nifty went up by 77.65 points to 25,743.25. The stock started the trading session in green at Rs 35.94 against the previous close of Rs 34.56 and later hit…

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15

Jan

By The Press Editor

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Business

Union Budget 2026: MoD seeks 20 per cent hike on defence spending | Ambition vs reality

Defence Budget 2026: For FY 2025-26, the government allocated Rs 6.81 lakh crore to the Ministry of Defence, an increase of 9.53 per cent from the previous FY. Of this, Rs 1.80 lakh crore was allocated on capital outlay. New Delhi: Operation Sindoor, which the Modi government has repeatedly stated has only been paused and not concluded, saw an extensive use of drones and unmanned aerial vehicles (UAVs), demonstrating how modern warfare has evolved over the years. India's entire campaign, hailed by both the political and military leadership for the synergy between all three services, was solely focused on achieving…

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15

Jan

By The Press Editor

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Business

Buying a home? Check these 5 PSU banks offering the lowest home loan interest rates

After the Reserve Bank of India's decision to substantially reduce the repo rate last year, public sector banks have significantly lowered their home loan interest rates. New Delhi: For most Indians, buying a home in cities such as Delhi and Mumbai is still a dream. Buying a home is challenging for several reasons, including rising property prices, which force people to rely on home loans. Therefore, people keep wondering where to find the cheapest home loan and which bank offers the lowest EMI. Notably, after the Reserve Bank of India's decision to substantially reduce the repo rate last year, public…

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15

Jan

By The Press Editor

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Business

Flying start: Navi Mumbai International Airport hits 1-lakh passenger milestone in 19 days

When it comes to cargo movement, the Navi Mumbai airport handled 22.21 tonnes of cargo, which highlights the airport’s utility in handling both passenger and cargo operations from the very outset. Mumbai: In a landmark achievement, in its first 19 days of operation, the Navi Mumbai International Airport (NMIA) has surpassed the one lakh passenger mark. This number hints towards strong passenger traction and a steady ramp-up in travel demand from the region. According to information available, the NMIA handled a total of 109,917 passengers as of January 12. These passengers comprised 55,934 arriving and 53,983 departing travellers. January 10,…

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15

Jan

By The Press Editor

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Business

9 Amrit Bharat Express trains to link east with north, south and west, full details here

Passing through the densely populated states like Uttar Pradesh and Bihar, these trains are aimed at making travel easier for a large number of passengers. New Delhi: Indian Railways is on a spree of launching new trains, with its latest plan to unveil nine new Amrit Bharat Express trains from West Bengal and Assam. This step will significantly boost the affordable long-distance connectivity between eastern India and major destinations across the country. In a post on X, formerly known as Twitter, Union Railway Minister Ashwini Vaishnaw shared details of the new routes.   The nine routes that will see the…

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15

Jan

By The Press Editor

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Business

NPS Vatsalya Scheme revamped: New rules aim to strengthen long-term financial protection for children

According to the new rules, up to 75 per cent of the amount invested in NPS Vatsalya can be allocated to equities (the stock market). New Delhi: In a fresh development related to the NPS Vatsalya scheme launched for children, the Pension Fund Regulatory and Development Authority (PFRDA) has issued new and important guidelines. These changes are aimed at making the scheme more flexible, transparent, and beneficial for families, providing investors with relief when needed, and ensuring better long-term returns.  For those unaware, the government rolled out the NPS Vatsalya in the 2024-25 budget, which is a pension scheme specifically…

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15

Jan

By The Press Editor

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Business

PM Kisan Scheme: Will government release 22nd instalment before Budget 2026?

Each instalment of the PM Kisan Yojana is released at an interval of approximately four months. Considering the pattern of disbursement, the next instalment is likely to come in February. New Delhi: Farmers in the country are eagerly waiting for the 22nd instalment of the Pradhan Mantri Kisan Samman Nidhi Yojana, the flagship scheme of the Modi government, which sees the disbursement of Rs 2000 to eligible farmers thrice in a year.  Until now, the government has released 21 instalments for farmers, with the last instalment released in November 2025.  Next instalment likely in February   Each instalment of the…

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15

Jan

By The Press Editor

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Business

FMCG stock to be in focus as company completes Rs 100 crore rights issue, details here

The stock ended the last trading session in the red at Rs 343.15, down by 0.07 per cent from the previous close. It has a 52-week high of 481.08, hit on October 23, 2025, and a 52-week low of Rs 322.05. Mumbai: Shares of packaged food company Krishival Foods will be in focus when the market opens on Friday, January 15, 2025, as the company has shared updated information regarding the completion of the Rs 100 crore rights issue. The stock markets, which witnessed a range-bound activity on Wednesday with the Nifty ending 67 points lower and the Sensex…

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15

Jan

By The Press Editor

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Business

Planning to buy a home? New housing scheme coming to Greater Noida soon

The upcoming scheme will be unveiled in a multi-story residential society, which is located in Sector Omicron-1 A, Greater Noida. Greater Noida: Dreams of those who seek to own a home in Delhi-NCR are likely to come true as the Greater Noida Authority is set to unveil a new flat scheme after Makar Sankranti. This scheme will offer the opportunity to buy flats in multi-story societies equipped with modern amenities. The flats will be allocated this time through an auction, not a lottery. Notably, this system is being adopted by the Greater Noida Authority for the first time. Multi-story residential…

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15

Jan

By The Press Editor

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Business

Stock market holiday: Why NSE, BSE are closed on January 15? Full details here

Stock market holidays: In total, stock markets typically have around 15 trading holidays per year, in addition to regular weekly closures on Saturdays and Sundays. Mumbai: Trading on the Indian stock markets will remain suspended today, i.e. on January 15, 2026. According to the information available, trading in the equity segment, derivatives, commodity and electronic gold receipts would remain closed. Earlier, the National Stock Exchange (NSE) had stated that it would observe January 15 as a settlement holiday, and trading would be open as usual. But it later issued a circular saying that it would be a trading holiday in…

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