Business

17

Oct

By The Press Editor

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Business

IRCTC website, app down, passengers face problem while booking train tickets ahead of Diwali, Chhath Puja

According to Downdetector, the issue peaked at around 10:58 am, with approximately 5,900 users facing problems while trying to book tickets. New Delhi: The official website and app of IRCTC (Indian Railway Catering and Tourism Corporation), a public sector enterprise of the Indian government that manages ticketing, went down ahead of the Diwali and Chhath puja rush. According to reports, both the IRCTC website and its mobile app were not working for a considerable time, leaving many users unable to book train tickets online. (Image Source : DOWNDETECTOR)According to reports, the outage was caused by technical issues. According…

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17

Oct

By The Press Editor

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Business

Dearness Allowance: UP govt approves 3% hike – Here’s when it will be paid to government employees, pensioners

Dearness Allowance Hike, DA Hike, DR Hike: With this revision, the Dearness Allowance (DA) and Dearness Relief (DR) will rise from 55 per cent to 58 per cent of basic pay. Lucknow: In good news for around 28 lakh state government employees and pensioners of Uttar Pradesh ahead of Diwali, Chief Minister Yogi Adityanath has approved a 3 per cent hike in dearness allowance (DA) and dearness relief (DR). With this revision, the Dearness Allowance (DA) and Dearness Relief (DR) will rise from 55 per cent to 58 per cent of basic pay.  Emphasising that the decision reflects the government’s…

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17

Oct

By The Press Editor

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Business

Canara HSBC Life IPO Listing On NSE, BSE: Shares make flat debut on bourses – Check details

Canara HSBC Life IPO Listing On NSE, BSE: The initial public offer of Canara HSBC Life Insurance Company Ltd received a muted response from investors, achieving a 2.29 times subscription on the final day of bidding on Tuesday. Mumbai: Shares of Canara HSBC Life Insurance Company Ltd made a flat debut on the bourses today, October 17, 2025. Shares of Canara HSBC Life Insurance Company Ltd were listed at Rs 106 per share on the National Stock Exchange (NSE) and the BSE, matching the upper end of its IPO price band of Rs 100–106. However, the stock gained after the listing. The…

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17

Oct

By The Press Editor

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Business

Market Opening Bell: Sensex drops 135 points, Nifty holds 25,500, IT stocks under pressure

Sensex, Nifty Today: Gift Nifty, an early indicator for the Nifty 50, indicated a negative start as it opened with a dip of 48.5 points at 25,594.50, compared to the previous close of 25,643. Mumbai: The Indian equity benchmark indices, the Sensex and Nifty, started the session in the red on Friday, October 17, 2025, amid weak global cues. While the 30-share BSE Sensex fell 135.88 points to start the session at 83,331.78, the Nifty dropped 38.45 points to open at 25,546.85. In the last trading session, the Sensex closed at 83,467.66 and the Nifty 50 at 25,585.30. Similarly, the…

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16

Oct

By The Press Editor

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Business

Auto stock under Rs 100 surges 5% amid strong movement in stock market – Check details

The company recently entered into a joint venture with Taiwan-based SmartChip Microelectronic Corporation (SMC) to boost EV technology in India and grow into new high-growth markets. Mumbai: Shares of Uttar Pradesh-based Pavna Industries gained over 5 per cent on Thursday, October 16, 2025. The counter opened in the red at Rs 36.87 on the BSE against the previous close of Rs 37.25. However, it rebounded to touch the high of Rs 39.15, representing a gain of 5.1 per cent from the previous close. The 52-week high of the stock is Rs 75.38, and the 52-week low is Rs 29.52.  Technically,…

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16

Oct

By The Press Editor

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Business

Google, World Bank tie up to boost digital infrastructure in emerging markets based on UP pilot project

Google and the World Bank's new alliance aims to make digital transformation inclusive and scalable across developing nations. By combining cutting-edge AI, open network infrastructure, and on-ground development experience, the partnership seeks to empower farmers and improve public services. New Delhi: In a major step to drive digital inclusion, Google and the World Bank Group have announced a new global alliance to accelerate digital transformation across emerging markets. The partnership aims to strengthen digital public infrastructure by deploying Open Network Stacks, which act as the backbone for citizens to access essential services in sectors like agriculture, healthcare and education. The initiative…

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16

Oct

By The Press Editor

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Business

Defence stock under Rs 400 gains after being declared lowest bidder for DRDO project – Details

Earlier, the company announced the completion of its preferential allotment of equity shares and convertible warrants, raising a total of over Rs 416 crore. Mumbai: Shares of Apollo Micro Systems Ltd (AMSL), a defence and aerospace company, are in focus as the company has shared two significant developments in its latest exchange filing. According to the information shared, the company has been declared the lowest bidder for a project by the Defence Research and Development Organisation (DRDO) worth Rs 4.3 crore. Moreover, the company has been declared as the lowest bidder for orders worth Rs 34.97 crore by a defence Public…

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16

Oct

By The Press Editor

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Business

After 1:10 stock split, this smallcap stock to consider acquisition deal – Check details

The stock's 14-day relative strength index (RSI) is 51.12. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued. Mumbai: Shares of smallcap company Spice Lounge Food Works will be in focus as the company has informed exchanges that its board of directors will meet soon to examine and evaluate proposals for the acquisition of one or more entities or businesses. "...meeting of Board of Directors of the Company is scheduled to be held on Thursday, the 23rd Day of October 2025," the company said in a filing. Earlier,…

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16

Oct

By The Press Editor

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Business

BNPL vs Instant Loans: Which one makes sense for your festive purchases

While many short-term BNPL plans are interest-free for the consumer, provided all payments are made on time, instant loans almost always involve a fixed interest rate that is applied to the loan amount, along with potential processing fees. New Delhi: The festive season is a major driver of increased spending, which is why this time of year sees a substantial rise in people turning to Instant Loans and Buy Now, Pay Later (BNPL) to manage expenses and purchases. While both options provide immediate funds to consumers, they come with their own pros and cons. The choice also depends on the…

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16

Oct

By The Press Editor

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Business

Is Yamuna Expressway the next ‘GCC Hub’? Here’s what experts say

Real estate experts say the upcoming airport is set to act as a catalyst for economic activity, fuelling demand across residential, commercial, industrial, hospitality, retail, and logistics sectors in the region. Noida: From a high-speed link between Delhi and Agra, the Yamuna Expressway has turned into NCR’s most promising business frontier. The corridor has stolen the spotlight with steady investment, ambitious infrastructure, and growing corporate interest. India’s emergence as a hub for Global Capability Centres (GCCs) has further sharpened the focus, transforming it from a transit route into a strategic base for innovation, enterprise, and long-term value creation. As development…

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