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Jet fuel price surge hits airlines hard as IndiGo, Air India hike fares to tackle soaring costs
10
Apr
By The Press Editor
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Business

Jet fuel price surge hits airlines hard as IndiGo, Air India hike fares to tackle soaring costs

New Delhi: A sharp spike in global jet fuel prices triggered by rising tensions between the United States, Israel and Iran has begun to impact aviation markets worldwide. Over the past few weeks, aviation turbine fuel has shot up from 85 to 90 dollars per barrel to nearly 150 to 200 dollars per barrel. Since fuel accounts for nearly 25 per cent of operating costs for most airlines, carriers are now resorting to fare hikes and financial restructuring to stay afloat. IndiGo, Air India begin raising ticket prices Major carriers including Air India, IndiGo and United Airlines have already revised…
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From ‘kill switch’ to ‘lagged credit’, RBI proposes these changes to mitigate financial frauds
10
Apr
By The Press Editor
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Business

From ‘kill switch’ to ‘lagged credit’, RBI proposes these changes to mitigate financial frauds

New Delhi: Digitalisation has made payments easy, as they can be made with just a few clicks. However, this has given fraudsters an opportunity to do online financial fraud, which is spreading just as rapidly. To protect your hard-earned money, the Reserve Bank of India (RBI) has proposed some steps . These new rules aim to curb online fraud and give customers better control over their money. The RBI has also sought public suggestions on this matter by May 8, 2026. RBI proposes 'kill switch' One of the RBI's biggest proposals is a kill switch. This would be a magical…
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Market Closing Bell: Sensex surges 918.60 points to settle at 77,550.25, Nifty above 24,000
10
Apr
By The Press Editor
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Business

Market Closing Bell: Sensex surges 918.60 points to settle at 77,550.25, Nifty above 24,000

Mumbai: Indian benchmark indices ended higher on Friday, April 10, 2026, amid positive global cues and optimism surrounding geopolitical deโ€‘escalation efforts in West Asia. BSE Sensex gained 918.60 to close at 77,550.25, while the NSE Nifty settled at 24,050.60. with a gain of 275.50 points. On a sectoral basis, auto, capital goods, consumer durables, realty, power, FMCG, PSU banks, metal, and private banks sectors registered gains of 1-2 per cent, while the IT index declined 1.7 per cent amid renewed AI fears. The Nifty midcap and smallcap indices also gained 1.5 per cent each. Among the major gainers on the…
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Wipro bucks trends, trades in green even as IT stocks fell on renewed AI fears, check details
10
Apr
By The Press Editor
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Business

Wipro bucks trends, trades in green even as IT stocks fell on renewed AI fears, check details

Mumbai: Despite a significant fall in IT stocks, shares of IT services firm Wipro bucked the trend and traded in the green on Friday, April 10, 2026. Most IT stocks in the Nifty IT index fell up to 4 per cent amid renewed AI fears. The stock of Wipro opened gap up with a gain of 2.87 per cent at Rs 208.70 against the previous close of Rs 202.87 on the National Stock Exchange (NSE). The action in the stock comes after two days of consecutive fall and has outperformed the sector by 2.6 per cent. Last seen, the stock…
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Healthcare stock gains nearly 6% after expansion update, check share price and other details
10
Apr
By The Press Editor
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Business

Healthcare stock gains nearly 6% after expansion update, check share price and other details

Mumbai: Shares of north India-based hospital chain Park Medi World gained nearly 6 per cent on Friday, April 10, 2026, amid a rally in equity benchmark indices Sensex and Nifty, driven by a rally in bank stocks and a positive trend in global markets. The 30-share BSE Sensex jumped 630.08 points to 77,261.73 in early trade, while the 50-share NSE Nifty climbed 203.6 points to 23,978.70. Amid this, the stock opened in green at Rs 208.60 against the previous close of Rs 204.35 on the BSE. It gained further to touch the high of Rs 216, representing a gain of…
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IT stocks under pressure after Anthropic’s new AI model, Infosys and TCS shares fall by up to 3%
10
Apr
By The Press Editor
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Business

IT stocks under pressure after Anthropic’s new AI model, Infosys and TCS shares fall by up to 3%

Mumbai: Indian benchmark indices opened with a gain on Friday amid a positive trend in global markets. Despite the positive start, the IT sector is witnessing extreme pressure. This is mainly because of the announcement of Anthropic's new AI model, Mythos, which increased pressure on tech company stocks. Its impact was so significant that the Nifty IT index fell by almost 3 per cent, and the shares of many big companies also fell. Almost all the companies in the Nifty IT index were seen trading in the red. Big names like Infosys, TCS and Mphasis are among the losers, with…
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Gold price drops by Rs 1k, silver down nearly 1% on MCX amid profit booking | Check city-wise rates
10
Apr
By The Press Editor
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Business

Gold price drops by Rs 1k, silver down nearly 1% on MCX amid profit booking | Check city-wise rates

Mumbai: Rates of precious metals in futures fell on Friday, April 10, 2026, amid profit booking as concerns over the US-Iran ceasefire persisted. The gold June 5 contract on the Multi Commodity Exchange (MCX) opened with a drop of Rs 749 or 0.48 per cent at Rs 1,52,419 per 10 grams against the previous close of Rs 1,53,434. It later fell further to touch the intraday low of Rs 1,52,419. Last seen, it was trading at Rs 1,52,591 with a drop of Rs 834 or 0.55 per cent. On the MCX, the yellow metal futures for August 2026 were down…
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Stock under Rs 50 opens gap up, extends rally to 4th consecutive session post this update
10
Apr
By The Press Editor
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Business

Stock under Rs 50 opens gap up, extends rally to 4th consecutive session post this update

Mumbai: Shares of RDB Infrastructure and Power Ltd, a leading player in construction and infrastructure, continued their upward momentum for the fourth consecutive day on Friday, April 10, 2026, despite ongoing market volatility. Amid the rally in the markets, the stock opened gap up with a gain of 4.62 per cent at Rs 37.40 against the previous close of Rs 35.75. With this gain, the counter has risen 18.3 per cent in the period. Later, the stock jumped to touch the intraday high of Rs 37.53 to hit the 5 per cent upper circuit. This is the third consecutive session…
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Market Opening Bell: Sensex adds 489.36 points, Nifty above 23,850, Indigo gains over 4%
10
Apr
By The Press Editor
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Business

Market Opening Bell: Sensex adds 489.36 points, Nifty above 23,850, Indigo gains over 4%

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, started the trading session on a positive note on Friday, amid strong global cues. While the 30-share BSE Sensex added 489.36 points or 0.63 per cent to start the session at 77,121.01, the Nifty gained 105.45 points to open at 23,880.55. In the last trading session, the Sensex closed at 77,562.90 and the Nifty 50 at 23,775.10. Similarly, the broader indices traded in the green in the opening session. While the BSE Midcap Select Index added 104.87 points, the BSE Smallcap Select Index was up by 34.57 points or 0.46 per…
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