Business

23

Sep

By The Press Editor

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Business

Gold, Silver Rates Today (Sep 23): Gold, silver hit record high on MCX | Check city-wise rates

Gold Price Today, Gold MCX Rate: In the international market, the COMEX gold price increased by approximately 0.39 per cent, trading at around USD 3,789.90 per troy ounce. Mumbai:  Prices of precious metals surged on Tuesday, September 23, 2025, to hit new record highs in the domestic futures market, driven by a strong global trend. The gold October 3 contract on the Multi Commodity Exchange (MCX) opened with a fall of Rs 30 at Rs 1,12,200 per 10 grams against the previous close of Rs 1,12,230. However, it bounced back to touch the new high of Rs 1,13,200 - a…

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23

Sep

By The Press Editor

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Business

Defence stock under Rs 400 gains post allotment of 21.07 lakh equity shares – Check details

The company has informed exchanges that the securities allotment committee of its board of directors has approved the allotment of 21,07,194 equity shares following the conversion of warrants by its holders. Mumbai: Shares of Apollo Micro Systems, a technology-driven firm in the aerospace, defence, and homeland security sectors, gained on Tuesday, September 23, 2025, even as benchmark indices Sensex and Nifty slipped in negative territory after rising in early trade amid fresh foreign fund outflow and concerns over the steep hike in US H-1B visa fees. The stock opened with a slight gain at Rs 332.35 on the BSE against…

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23

Sep

By The Press Editor

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Business

Market Opening Bell: Sensex, Nifty flat, auto index gains over 1%

Sensex, Nifty Today: Gift Nifty, an early indicator for the Nifty 50, indicated a flat start as it opened with a minor gain of 12.5 points at 25,301, compared to the previous close of 25,288.50. Mumbai: Indian equity benchmark indices, the Sensex and Nifty, started on a flat note on Tuesday, September 23, 2025, amid mixed global cues. While the 30-share BSE Sensex fell 12.6 points to start the session at 82,147.37, the Nifty gained 6.65 points to open at 25,209. In the last trading session, the Sensex closed at 82,159.97 and the Nifty 50 at 25,202.35. The broader…

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23

Sep

By The Press Editor

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Business

Adani Power Share Price: Stock falls after 3-day rally amid profit booking – Check details

Adani Power Share Price: The stocks of Adani Group companies witnessed heavy buying for a couple of days after the markets regulator Sebi's clean chit in the Hindenburg case. Mumbai: Shares of Adani Power tumbled in early trade on Tuesday, September 23, 2025, after a three-day rally amid profit booking. After opening in green at Rs 180 on the BSE against the previous close of Rs 170.15, the stock gained further amid a surge in trading volume to touch an intraday high of Rs 182.75, representing a 7.41 per cent gain from the closing price of the last trading session.…

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23

Sep

By The Press Editor

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Business

GK Energy IPO GMP Today: Check subscription status, allotment date and other details

GK Energy IPO GMP Today: The initial public offering of the solar-powered agricultural water pump systems provider received 6.41 times subscription on the second day of share sale on Monday. Mumbai: The initial public offering of the solar-powered agricultural water pump systems provider received 6.41 times subscription on the second day of share sale on Monday.  

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23

Sep

By The Press Editor

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Business

Mumbai to Ahmedabad in 2 hours: India’s first bullet train to launch in 2027, know all about the project

India’s first bullet train project is being developed with support from Japan under the Shinkansen technology transfer program, with at least 10 E10 next-generation bullet trains to be introduced. Mumbai: Union Railway Minister Ashwini Vaishnaw has made a big announcement on India’s first bullet train project, the Mumbai-Ahmedabad high-speed rail corridor, saying that out of the 508 km stretch, 320 km of viaduct has already been completed. Vaishnaw also added that the first section of the bullet train, the 50 km Surat-Billimora stretch, will be operational by 2027. According to the Union minister, the bullet train project will reach Thane…

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22

Sep

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Business

HMPL’s board approves allotment of 15,50,000 new equity shares, stock trades ex-date for final dividend

Stock in focus: The state-owned 'Maharatna' company has given the contract to Quippo Oil and Gas Infrastructure, which was acquired by Hazoor recently. Mumbai: Diversified player Hazoor Multi Projects Ltd (HMPL) has informed exchanges that its board has approved the allotment of 15,50,000 new equity shares having a face value of Re 1 each at an issue price of Rs 30. The allotment has been approved post the conversion of 1,55,000 warrants issued at an issue price of Rs 300 each. This allotment was a result of converting 1,55,000 warrants held by non-promoters, Safir Anand and Resonance Opportunities Fund. The…

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22

Sep

By The Press Editor

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Business

Zero GST rate on health insurance from today: Implications for policyholders and insurers

This change means all individual health insurance plans, including family floater policies, those for senior citizens, and reinsurance, are now exempt from GST. New Delhi: Good news for everyone with life and health insurance, as your insurance premiums have gotten cheaper from today. The 18 per cent Goods and Services Tax (GST) on these policies has been completely removed as part of the new GST 2.0 reforms. This change means all individual health insurance plans, including family floater policies, those for senior citizens, and reinsurance, are now exempt from GST. What Does The GST Exemption Entail? Previously, insurance premiums attracted…

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22

Sep

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Business

Gamechanger! 30-km expressway to Jewar Airport promises faster Delhi–Noida travel – Details

Earlier, the Noida Authority had given its in-principle clearance for building a riverside expressway in March 2025. The move was aimed at decongesting the already burdened Noida-Greater Noida Expressway. Mumbai: In a significant boost to road connectivity in Delhi-NCR, the Central government has given its approval for a 30-km new expressway aimed at connecting Delhi, Noida, and Greater Noida with the upcoming Jewar International Airport. Running parallel to the Noida-Greater Noida Expressway, the proposed road will connect the Pushta Road with both the Noida-Greater Noida Expressway and the Yamuna Expressway, a News18 report says.  Nitin Gadkari Gives Assurance Initially, the…

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22

Sep

By The Press Editor

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Business

No more risky train rides! Mumbai Locals to roll out sensor-based doors soon

Union Railway Minister Ashwini Vaishnaw, while speaking at the Bullet Train–Shilphata Tunnel breakthrough event in Ghansoli, stressed that the government’s focus is on passenger safety. Mumbai: Mumbai’s suburban rail network is set to undergo its most significant safety upgrade in decades, with facilities like automatic doors slated to become a standard feature in both air-conditioned and non-air-conditioned rakes by this year’s end. According to a report by The Indian Express, the latest development follows repeated accidents, including the June Mumbra tragedy. The accident saw four people lose their lives after falling from an overcrowded local. Automatic Doors To Be Standard…

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