Business

01

Jan

By The Press Editor

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Business

BEE’s new star ratings to offset price benefits of GST reforms on ACs, rates to go up by 10%

Besides the revised star rating, the fall of the Indian rupee against the US dollar and the global increase in copper prices are also putting pressure on manufacturers' margins. New Delhi: The revised star rating from the Bureau of Energy Efficiency (BEE) will offset the benefits of the GST (Goods and Services Tax) reforms in September, which brought down the prices of room air-conditioners (RAC) by slashing duty by 10 per cent. With the new start rating, prices of cooling appliances such as room air conditioners and refrigerators have increased by 5-10 per cent, effective January 1, 2026. The revised…

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01

Jan

By The Press Editor

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Business

Jaipur Metro Line 2 to have direct underground link to all three terminals of airport

According to metro officials, Line 2, linking Prahladpura in Sitapura to Todi Mod in Vidhyadhar Nagar, with a total length of 43 km, will be constructed in seven project packages. Jaipur: Jaipur Metro is going to witness a significant enhancement in its capability with Line 2 of the metro network in the city slated to enhance connectivity to the airport. There are plans to provide commuters with direct underground access from the Airport Metro Station to all passenger terminals. Latest updates suggest that passengers will be given the option to commute between the Metro station and the three terminals through…

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01

Jan

By The Press Editor

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Business

Defence stock gains as company’s subsidiary signs contract worth Rs 1,500 crore, check details

The stock's 14-day relative strength index (RSI) is 58.3. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued. Mumbai: Shares of Apollo Micro Systems, a technology-driven firm in the aerospace, defence, and homeland security sectors, are in action even as the markets remained volatile on New Year's day. The counter started the trading session in the red at Rs 272 against the previous close of Rs 272.20 on the BSE. The stock dipped further to touch the low of Rs 269.35 before rebounding amid a spurt in trading…

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01

Jan

By The Press Editor

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Business

India’s first Vande Bharat sleeper to be flagged off by PM Modi soon, route and fare finalised: Full details

Vande Bharat sleeper train: The testing and certification of the Vande Bharat sleeper train have been completed. Mumbai: After a long wait, the government has now made an official announcement regarding India's first Vande Bharat Sleeper train. According to Railway Minister Ashwini Vaishnav, the first Vande Bharat Sleeper train will run between Guwahati and Kolkata and will be flagged off by Prime Minister Narendra Modi. Stating that testing and certification for this mega project have been completed, Vaishnav said he will share the exact launch date in the next two to three days. Addressing a press conference, the railway minister…

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01

Jan

By The Press Editor

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Business

Why is ITC share falling today? Stock dips nearly 10%, check details here

ITC Share Price: The stock has a 52-week high of Rs 471.30, hit on February 1, 2025, and a 52-week low of Rs 362.70. Mumbai: Shares of conglomerate ITC Ltd fell nearly 10 per cent on Thursday, January 1, 2026 to hit a 52-week low of Rs 362.70 on the BSE. The counter started the trading session in the red at Rs 402.25 against the previous close of Rs 403 on the BSE. Amid a spurt in trading volume by 1.40 times, the scrip dipped further and touched a 52-week low of Rs 362.70. Last seen, the scrip was trading…

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01

Jan

By The Press Editor

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Business

Gold, Silver Rate Today: Silver, gold continue to drop on MCX amid profit booking, check city-wise rates

Gold Price Today, Gold MCX Rate: In the international market, the COMEX gold price dropped by 1.24 per cent to approximately USD 4,332.1 per troy ounce. Mumbai:  Rates of precious metals in futures trade dipped on Thursday, January 1, 2026, amid profit on New Year's day as it is a global holiday for most gold and silver markets. In India, MCX trading is limited to the day session. The gold February 5 contract on the Multi Commodity Exchange (MCX) opened with a fall of Rs 233 at Rs 1,35,687 per 10 grams against the previous close of Rs 1,35,454. It…

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01

Jan

By The Press Editor

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Business

Market Opening Bell: Sensex, Nifty open in green on New Year’s day, M&M top gainer

Sensex, Nifty Today: In early trade, 1,414 stocks in the Nifty pack were trading in the green, while 636 were trading in the red. 126 stocks remained unchanged. Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened in the green on Thursday, January 1, 2026, amid a quiet global backdrop, as most major international markets remain closed for New Year’s Day. While the 30-share BSE Sensex added 34.95 points to start the session at 85,255.55, the Nifty gained 43.7 points to open at 26,173.30. In the last trading session, the Sensex closed at 85,220.60 and the Nifty 50 at…

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01

Jan

By The Press Editor

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Business

Commercial LPG cylinder prices hiked by Rs 111 on New Year’s Day, PNG becomes cheaper in Delhi, NCR

According to Indian Oil, a 19-kg commercial cylinder in Delhi will now cost Rs 1,691.50, up from Rs 1,580.50 previously. New Delhi: The New Year usually brings relief and good news, but January 1, 2026, delivered mixed outcomes for gas consumers. While commercial LPG cylinders used by hotels, restaurants and businesses have become more expensive, piped PNG gas supplied to homes in Delhi-NCR has become cheaper. Here are the changes in gas prices on the first day of the new year and how they will impact your pocket. Commercial LPG cylinder price hiked by Rs 111 Commercial LPG cylinder prices…

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01

Jan

By The Press Editor

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Business

Are stock markets open today on New Year 2026? Check list of BSE, NSE holidays this year

BSE, NSE holidays 2026: According to the list of holidays available on the National Stock Exchange (NSE), there will be 15 stock market holidays in 2026. Mumbai: Most stock markets around the world - China, Hong Kong, Japan, Singapore, France, Germany, the UAE, the UK and the US - remain closed on January 1, 2026, to mark the New Year. Stock markets in China and Japan will remain closed on January 2, 2026, and they will observe an extended New Year break. Amid this, investors in India are uncertain about the trading status of the bourses today. As there is…

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