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Govt hikes onion procurement price by 24%: Know how much farmers will get now | Business
01
Jun
By The Press Editor
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Business

Govt hikes onion procurement price by 24%: Know how much farmers will get now | Business

New Delhi: The government has increased the onion procurement price under its buffer stock programme by 24.4 per cent to Rs 15.80 per kg, up from Rs 12.70 per kg, citing prevailing market conditions and the need to safeguard farmers' interests. Additional Secretary, Ministry of Food and Consumer Affairs, Anupam Mishra, at an inter-ministerial briefing on Monday, said, "We increased the procurement price of onion to Rs 15.80 per kg from Rs 12.70 per kg."ย  Procurement of onions for the current season commenced on May 15, and the revised prices were officially notified on May 22. Buffer stocks are maintained…
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Indian Railways launches new train from Bihar to Tirupati: Check route, stoppages and schedule | Business
01
Jun
By The Press Editor
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Business

Indian Railways launches new train from Bihar to Tirupati: Check route, stoppages and schedule | Business

New Delhi: Indian Railways has launched a new regular train service between Raxaul and Tirupati, offering improved connectivity for passengers from Bihar, Jharkhand, Odisha, and Chhattisgarh. The train, which was earlier operated as a special service, has now been converted into a regular train due to strong passenger demand. Train route The new train will operate between Raxaul and Tirupati, departing from Raxaul every Thursday and from Tirupati every Monday. The train will travel via key stations including Darbhanga, Samastipur, Barauni, Jhajha, Dhanbad, Ranchi, Rourkela, Raipur and Secunderabad before reaching Tirupati.ย  The service is expected to significantly improve connectivity for…
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Logistics stock under Rs 50 on investors’ radar as company’s net profit climbed, check full details | Markets
01
Jun
By The Press Editor
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Business

Logistics stock under Rs 50 on investors’ radar as company’s net profit climbed, check full details | Markets

Mumbai: Shares of Delhi-headquartered logistics and finance firm Sindhu Trade Links Limited are on investors' radar as the company has announced its audited financial results for the fourth quarter and full fiscal year ended March 31, 2026. For the full financial year, the company clocked a total revenue from operations of Rs 423.74. This marks a moderate contraction compared to the total revenue of RS 485.50 crore posted in the preceding fiscal year ended March 31, 2025. After accounting for a net tax expense of Rs 8.61 crore, the standalone net profit after tax (PAT) concluded at Rs 24.57 crore,…
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EPFO 3.0: Will ATM PF withdrawals reduce your pension? Here’s what you need to know | Personal-finance
01
Jun
By The Press Editor
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Business

EPFO 3.0: Will ATM PF withdrawals reduce your pension? Here’s what you need to know | Personal-finance

New Delhi: Waiting for weeks to withdraw your Provident Fund (PF) money will soon be a thing of the past, as the Employees' Provident Fund Organisation (EPFO) has announced a revised system called EPFO 3.0 to improve employee welfare. According to the Labour Ministry, EPFO users will now be able to withdraw PF directly from an ATM using UPI, without any company or employer approval. Testing of this new system has been completed, and it may soon be implemented in phases. What is EPFO โ€‹โ€‹3.0, and how will it work? EPFO 3.0 is a modern digital initiative for millions of…
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Vehicles will not be required to stop at toll plaza of this expressway in Uttar Pradesh, here’s why | Business
01
Jun
By The Press Editor
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Business

Vehicles will not be required to stop at toll plaza of this expressway in Uttar Pradesh, here’s why | Business

Lucknow: A significant and interesting detail has emerged regarding Uttar Pradesh's highly anticipated Lucknow-Kanpur Expressway. The expressway hasn't even been inaugurated yet, but preparations are underway to make it one of the country's most modern and smart highways. According to information available, drivers travelling on this expressway will not have to wait in queues at toll plazas. With the help of cutting-edge technology, the toll tax will be deducted even before the vehicle reaches the toll plaza, and the barrier will automatically open to let the vehicle pass smoothly.ย  Automatic Number Plate Recognition Technologyย  A high-tech toll system based on…
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Metal stock gains after company’s profit for March quarter nearly doubled, check full details | Markets
01
Jun
By The Press Editor
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Metal stock gains after company’s profit for March quarter nearly doubled, check full details | Markets

Mumbai: Shares of Rathi Steel and Power Ltd, which owns and operates a 2 lakh tonnes steel plant in Uttar Pradesh, are in action even as markets remain volatile on Monday, June 1, 2026. The stock has gained after the company posted its audited financial results for the fourth quarter and fiscal year 2026. The metal company has showcased a strong upward trajectory in its performance metrics. Amid this, the stock opened gap up at Rs 20.63, a gain of 9.97 per cent from the previous close of Rs 20.63 on the BSE. However, the stock saw some profit-booking at…
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IT stock in focus as company’s consolidated net profit jumps over 36%, check share price and other details | Markets
01
Jun
By The Press Editor
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IT stock in focus as company’s consolidated net profit jumps over 36%, check share price and other details | Markets

Mumbai: Shares of software IT company Blue Cloud Softech Solutions are in focus as the company has declared its quarterly results for standalone and consolidated financial results for the quarter and fiscal year ended March 31, 2026. According to the information shared with exchanges, the company has experienced a strong surge in its consolidated net profit. The company's profit grew to Rs 60.50 crore, a gain of 36.65 per cent from RS 44.27 crore in the prior fiscal period.ย  The company's total income from operations witnessed strong growth, crossing the thousand crore mark to reach Rs 1,002.64 crore, compared to…
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FMCG stock under Rs 200 to be in focus when market opens, here’s why | Markets
01
Jun
By The Press Editor
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Business

FMCG stock under Rs 200 to be in focus when market opens, here’s why | Markets

Mumbai: Shares of fast moving consumer goods (FMCG) company GRM Overseas will be in focus when market open on Monday, June 1, 2026 as the company has reported its earnings for the quarter and financial year ended March 31, 2026. The leading rice exporter has reported strong financial growth for the financial year 2025-26. According to the information shared with the exchanges, the company's consolidated net profit rose to Rs 74.34 crore. It was Rs 61.24 crore in the fiscal year 2025. The total income of the company hit Rs 1,805.85 crore, up 31.4 per cent compared to Rs 1,374.20…
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Stock under Rs 50 hits upper circuit as company sets board meeting date to consider fundraise proposal | Markets
01
Jun
By The Press Editor
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Business

Stock under Rs 50 hits upper circuit as company sets board meeting date to consider fundraise proposal | Markets

Mumbai: Shares of Indiabulls Ltd, which is into real estate and financial services, gained nearly 5 per cent to lock in an upper circuit on Monday, June 1, 2026, even as the benchmark indices remained volatile amid a rise in crude oil prices. The counter witnessed strong momentum after the company informed exchanges that a meeting of its board of directors is scheduled for Wednesday, June 3, 2026, to consider and approve the proposal of raising funds. The company said the fund will be raised for its subsidiary to meet growing financial requirements. As per the information shared, the company…
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