Business

10

Sep

By The Press Editor

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Business

Fitch raises India’s GDP growth forecast to 6.9%, first global agency to do so

In its Global Economic Outlook (GEO)-September, Fitch said the pace of economic activity accelerated sharply between the March and June quarters of the current fiscal year. New Delhi: Global rating agency Fitch Ratings has raised India's GDP growth forecast to 6.9 per cent for the current fiscal year, citing strong June quarter growth and domestic consumption-led demand. Earlier, it had projected it to be 6.5 per cent. Fitch is the first global rating agency to have upped India's GDP growth estimates for current fiscal year after the string of downward revisions by various agencies earlier this year due to trade…

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10

Sep

By The Press Editor

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Business

379% return in 2 years: PC Jeweller shares in focus as firm expands retail presence – Check details

The company has also informed exchanges that the board of directors of the company have allotted 13,61,24,000 equity shares with a face value of Re 1 each. Mumbai: Delhi-based PC Jeweller shares are in focus today as the company has informed exchanges that it is expanding its retail presence with a new franchise showroom in the national capital. As per the information shared with exchanges, the company has confirmed the opening of its latest franchise showroom in Delhi on September 22, 2025. The company has 52 showrooms, of which 49 are company-owned, across major cities of the country. The new…

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10

Sep

By The Press Editor

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Business

Urban Company vs Dev Accelerator vs Shringar House of Mangalsutra IPO: Check latest GMPs and other details

Urban Company vs Dev Accelerator vs Shringar House of Mangalsutra IPO: As investors prepare to invest in these IPOS, here are the latest GMP (grey market premium) and other details that one should know before making any choice. Mumbai: Action is back in the primary market as three main board initial public offerings (IPOs) are open for subscription this week. The three public issues that are in focus are Urban Company, Dev Accelerator and Shringar House of Mangalsutra. As investors prepare to invest in these IPOS, here are the latest GMP (grey market premium) and other details that one should…

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10

Sep

By The Press Editor

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Business

Market Opening Bell: Sensex surges 400 points, Nifty near 25,000 amid optimism around India-US trade talks

Sensex, Nifty Today: Gift Nifty, an early indicator for the Nifty 50, indicated a negative start as it opened with a loss of 23.5 points at 24,940, compared to the previous close of 24,963.50. Mumbai: Indian equity benchmark indices, the Sensex and Nifty, started Tuesday's trading session on a positive note amid strong global cues with President Trump’s initiative to improve India-US relations and PM Modi’s positive response to the same. The 30-share BSE Sensex zoomed 403.04 points to start the session at 81,504.36; the Nifty gained 122.4 points to open at 24,991. In the last trading session, the Sensex…

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09

Sep

By The Press Editor

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Business

This IT stock surges 12% amid rally in Nifty IT – Check share price and other details

The action in the stock came on a day when there's a sector-wide buying interest, reflecting improved market confidence in IT players. Mumbai: Shares of IT services and business solutions provider Bartronics India surged over 12 per cent on Tuesday, September 9, 2025, amid sector-wide buying interest. The shares of the company opened in green at Rs 15.17 against the previous close of Rs 15.07 on the BSE. Amid firm buying, the stock gained further to touch the intraday high of Rs 16.89, representing a gain of 12.08 per cent from the previous close. Stock has been gaining for the…

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09

Sep

By The Press Editor

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Business

This IT company approves allotment of foreign currency convertible bonds – Check details

Technically, the stock trades higher than the 5-day, 20-day and 100-day moving averages but lower than 50-day and 200-day moving averages. Mumbai: Shares of IT company Kellton Tech Solutions were in focus in today's trading session as the company informed exchanges about the allotment of equity shares of face value Re 1 each upon conversion of Foreign Currency Convertible Bonds (FCCBs). The counter started today's trading session at Rs  26.06 on the BSE against the previous close of Rs 26.04. It later reached a high of Rs 26.32, representing a 1.07 per cent gain from the closing price of the previous…

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09

Sep

By The Press Editor

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Business

Gold surges Rs 5,080 to hit all-time high of Rs 1.12 lakh/10 gm in Delhi – What’s causing the rally?

Gold, Silver Rates Today: Silver prices also surged by Rs 2,800 to hit a record high of Rs 1,28,800 per kilogram (inclusive of all taxes) on Tuesday. New Delhi: Price of precious metal gold zoomed Rs 5,080 to hit a new high of Rs 1,12,750 per 10 grams in the national capital on Tuesday. The prices surged amid weakness in the dollar and are in line with strong global trends. According to the All India Sarafa Association, gold of 99.9 per cent purity had closed at Rs 1,07,670 per 10 grams on Monday. Similarly, prices of silver too surged by…

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09

Sep

By The Press Editor

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Business

Barapullah flyover: Central empowered body approves tree cutting for Phase 3 link – Check details

Officials said that over 90 per cent of the work at the site is complete, and around 333 trees will need to be cut to complete the project. New Delhi: The Central Empowered Committee (CEC) has granted permission for the cutting of trees that are required to complete the construction of the Barapullah Phase-3 flyover. According to government officials, the project will improve the connectivity between East and South Delhi. It has been under construction since 2015 and has had several cost escalations and missed deadlines. The CEC is a five-member committee formulated by the Supreme Court of India to…

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09

Sep

By The Press Editor

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Business

8th Pay Commission: Here’s what central government said on constitution of panel

In January this year, the announcement of the 8th Pay Commission was made, and since then, there has been no considerable progress as employees await the appointment of key panel members as well as the finalisation of Terms of Reference (ToR) for the panel. New Delhi: In a major development regarding the 8th Pay Commission, the Central government has said that it is “actively consulting” state governments on the matter, and an announcement in this regard is likely soon. It is expected that a go-ahead can be given to the constitution of the panel to take the matter forward.  Last…

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09

Sep

By The Press Editor

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Business

YEIDA launches massive safety audit drive for high-rise buildings: Details inside

YEIDA has said that it will empanel expert agencies, which would include IIT Delhi as well as National Institute of Technology and others. Noida: In a significant step aimed at ensuring the safety of buildings in Uttar Pradesh’s Noida, the Yamuna Expressway Industrial Development Authority (Yeida) is slated to conduct safety audits of high-rises. The audit will find out whether the buildings are strong enough to bear the load. This comes following the instructions of the Uttar Pradesh government, which directed the authorities in Noida and Greater Noida to carry out the safety audits of the buildings if it…

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