Business

08

Jan

By The Press Editor

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Business

Silver falls by Rs 9,813 on MCX, gold down nearly 1% as US dollar strengthens | Check city-wise rates

Gold Price Today, Gold MCX Rate: In the international market, the COMEX gold price was down by 0.75 per cent to approximately USD 4,429 per troy ounce. The spot gold price at 11:15 am was USD 4,419.4 per ounce, down by USD 33.23 or 0.75 per cent. Mumbai: Rates of precious metals in futures trade dipped on Thursday, January 8, 2026, amid a firm dollar and US job data. The gold February 5 contract on the Multi Commodity Exchange (MCX) opened with a drop of Rs 13 at Rs 1,37,996 per 10 grams against the previous close of Rs 1,38,009.…

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08

Jan

By The Press Editor

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Business

Angel One stock split: Shares in focus as company to consider sub-division, check details

On the National Stock Exchange (NSE), the counter opened at Rs 2,510 and later touched intraday highs and lows of Rs 2,517.40 and Rs 2,438.30, respectively. Mumbai: Shares of financial services company Angel One are in focus as the company has informed exchanges that its board will meet soon to consider a sub-division. The stock started the trading session in green at Rs 2,517 against the previous close of Rs 2,472.25 on the BSE. This represents a gain of 1.81 per cent. However, the stock fell amid selling pressure and touched the intraday low of Rs 2,438.80, a fall of…

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08

Jan

By The Press Editor

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Business

Market Opening Bell: Sensex sheds 183 points, Nifty holds 26,100, defence stock BEL gains

Sensex, Nifty Today: Gift Nifty, an early indicator for the Nifty 50, indicated a negative start as it opened with a dip of 45.5 points at 26,181, compared to the previous close of 26,226.50. Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened in red on Thursday, January 8, 2026 amid weak global cues and persistent selling by Foreign Institutional Investors (FIIs). While the 30-share BSE Sensex shed 183.12 points to start the session at 84,778.02, the Nifty fell by 34.25 points to open at 26,106.50. In the last trading session, the Sensex closed at 84,961.14 and the Nifty…

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08

Jan

By The Press Editor

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Business

Stocks to watch today: A-1 Ltd, MCX, Infosys and Angle One among shares to be in focus

Stocks to watch today: Public sector undertaking (PSU) Housing and Urban Development Corporation Limited (HUDCO) has signed a Memorandum of Understanding (MoU) with the Government of Chhattisgarh. Mumbai: Indian equity benchmark indices witnessed intraday volatility and a range-bound session on January 7, 2026 and ended on a cautious note amid mixed global cues and selective profit booking. At the close,the 30-share BSE Sensex declined 102.20 points or 0.12 per cent to settle at 84,961.14. During the day, it dropped 445.85 points or 0.52 per cent to 84,617.49. Amid this, markets are likely to open on a flat and cautious note…

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07

Jan

By The Press Editor

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Business

Union Budget 2026 to be presented on February 1, CCPA proposes Parliament session from January 28

Union Budget 2026: This would be the second time the Union Budget will be presented on a Sunday, this first instance being in 1999 when the then Finance Minister Yashwant Sinha presented it in Lok Sabha. New Delhi: The Cabinet Committee on Political Affairs has agreed to propose January 28 as the tentative start date for the budget session of Parliament and February 1 for the presentation of the Union Budget, reports said on Wednesday, adding that the dates are yet to receive final approval. The budget session is the first parliamentary session of the calendar year and traditionally begins…

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07

Jan

By The Press Editor

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Business

Stock below Rs 20 hits 20% upper circuit even as stock markets decline in morning trade: Check details

Technically, the scrip trades higher than the 5-day, 20-day, 50-day and 100-day moving averages but lower than the 200-day moving averages. Mumbai: Shares of garments and apparel company Lorenzini Apparels are in focus as the company was locked in a 20 per cent upper circuit in today's trading session, even as benchmark indices Sensex and Nifty drifted lower in early trade amid geopolitical tensions and renewed concerns about potential US tariff hikes, which weighed on investor sentiments. The stock opened gap up with a gain of 17.2 per cent at Rs 10.90 against the previous close of Rs 9.30 on…

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07

Jan

By The Press Editor

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Business

Bengaluru’s Kempegowda Airport to get new transit system, switching between terminals to be easier

Being rail-based transport systems, Automated People Movers are driverless and are specifically designed for short-distance, high-frequency travel. Bengaluru: Moving between terminals at Bengaluru’s Kempegowda International Airport (KIA) is going to get easier, as there are plans to introduce an Automated People Mover (APM). Marking a key major stride towards modernising inter-terminal connectivity at one of India’s busiest airports, bids have been invited by Bangalore International Airport Limited (BIAL), which operates the airport. Bids are invited for design consultancy services for the proposed system. Automated People Movers Being rail-based transport systems, Automated People Movers are driverless and are specifically designed for…

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07

Jan

By The Press Editor

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Business

GDP to grow by 7.4% in FY2025-26: Govt’s advance estimates

Real GDP or GDP at Constant Prices is estimated to attain a level of Rs 201.90 lakh crore in FY 2025-26, against the Provisional Estimates (PE) of GDP for the FY 2024-25 of Rs 187.97 lakh crore. New Delhi: The Indian economy is likely to grow at 7.4 per cent in 2025-26, up from 6.5 per cent in the previous fiscal, mainly on account of better performance of manufacturing and services sectors, as per the government data released on Wednesday. According to the first advance estimates of national income released by the Ministry of Statistics & Programme Implementation (MoSPI), manufacturing…

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07

Jan

By The Press Editor

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Business

Residential Real Estate: Urbanisation, premiumisation and green living to shape next housing cycle

Homebuyers are increasingly factoring in energy efficiency, air quality, and access to open green spaces while evaluating housing options, driven by health awareness and long-term cost considerations. New Delhi: After years of expansion driven by volume and velocity, the housing sector is steadily transitioning toward value-led growth, where quality, location, and long-term liveability are as important as price. This next phase is being shaped by the convergence of three defining forces—urbanisation, premiumization, and green living. Far from operating in silos, these trends are increasingly intertwined, collectively redefining how and where homes are planned, built, and bought in India’s evolving urban…

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07

Jan

By The Press Editor

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Business

Construction cost to go up as Uttar Pradesh govt hikes development fees for major cities, details here

Previously, the first amendment rules provided some relief for those seeking to construct residential plots of 100 square meters and commercial plots of 30 square meters. Lucknow: The Uttar Pradesh government, led by Chief Minister Yogi Adityanath, has set a new development fee for various cities. The latest move will ensure that a uniform rate will apply to each city in the state. While in Ghaziabad, the development fee has been kept at Rs 4,170; the charge will be Rs 2,475 in Lucknow, Kanpur, and Agra. In this regard, the Department of Housing and Urban Planning has issued a notification…

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