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Gold, silver rates drop on MCX, what’s behind the fall? Check key levels before buying | City-wise rates | Markets
01
Jun
By The Press Editor
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Business

Gold, silver rates drop on MCX, what’s behind the fall? Check key levels before buying | City-wise rates | Markets

Mumbai: Rates of precious metals in futures fell on Monday, June 1, 2026, as the dollar strengthened and crude oil prices surged over 2 per cent as Israel expanded its ground offensive in Lebanon over the weekend. The gold June 5 contract on the Multi Commodity Exchange (MCX) opened with a fall of Rs 457 or 0.02 per cent at Rs 1,55,119 per 10 grams against the previous close of Rs 1,55,575, reflecting a cautious undertone in price action. It fell further to touch an intraday low of Rs 1,54,086, a fall of Rs 1,489 or 0.95 per cent. Last…
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Rules changing from June 1: From banking, income tax to car prices, these major changes to impact your pocket | Personal-finance
01
Jun
By The Press Editor
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Business

Rules changing from June 1: From banking, income tax to car prices, these major changes to impact your pocket | Personal-finance

New Delhi: June 2026 has begun with several major changes for the general public. Several new rules are coming into effect today that can directly impact your pocket, household budget, and daily life. From cooking gas to digital payments, banking, taxes, railways, and the automobile sector, many significant changes have been implemented. Some rules have been introduced to provide greater security and convenience to the public, while others are likely to increase expenses. Here are 10 major changes that came into effect from June 1, 2206. 1. Real name in UPI payments To make digital payments more secure, the official…
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Market Opening Bell: Sensex surges 427 points, Nifty above 23,650; Nifty IT gains over 2%, here’s why | Markets
01
Jun
By The Press Editor
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Business

Market Opening Bell: Sensex surges 427 points, Nifty above 23,650; Nifty IT gains over 2%, here’s why | Markets

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened in the green on the first trading session of June, even as crude oil prices gained more than 3 per cent amid little sign of progress in US-Iran ceasefire negotiations. While the 30-share BSE Sensex gained 427.28 points or 0.57 per cent to start the session at 75,203.02, the Nifty added 106.75 points to open at 23,654.50. In the last trading session, the Sensex closed at 74,775.74 and the Nifty 50 at 23,547.75. Similarly, the broader indices traded in the green in the opening session. While the BSE Midcap Select…
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Commercial LPG prices hiked from June 1; cost up by Rs 42 in Delhi | Business
01
Jun
By The Press Editor
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Business

Commercial LPG prices hiked from June 1; cost up by Rs 42 in Delhi | Business

New Delhi: Businesses using commercial LPG cylinders will have to pay more from June 1 as oil companies have increased the prices of 19-kg commercial cylinders. In Delhi, the price has gone up by Rs 42, taking the retail rate to Rs 3,113.50 per cylinder. In Kolkata, the increase is steeper at Rs 53.50, with the new price reaching Rs 3,255.50. The price of 5-kg Free Trade LPG (FTL) cylinders has also been revised upward by Rs 11. Consumers in Delhi will now have to pay Rs 821.50 for these cylinders. The increase in fuel costs is unlikely to remain…
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Government slashes windfall tax on petrol, diesel and ATF exports from June 1 | Business
31
May
By The Press Editor
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Business

Government slashes windfall tax on petrol, diesel and ATF exports from June 1 | Business

New Delhi: The government has reduced the windfall gains tax on the export of petroleum products, bringing relief to oil companies. The revised rates will come into effect from June 1, according to a notification issued by the finance ministry. Under the new structure, the special additional excise duty (SAED) on petrol exports has been cut to Rs 1.5 per litre. The tax on diesel exports has been reduced to Rs 13.5 per litre, while aviation turbine fuel (ATF) will now attract Rs 9.5 per litre. No change in domestic fuel pricesย  The government clarified that there will be no…
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Bhangel flyover in Noida to have sound barriers soon in big relief for locals, check project cost, deadline | Business
30
May
By The Press Editor
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Business

Bhangel flyover in Noida to have sound barriers soon in big relief for locals, check project cost, deadline | Business

Noida: Here comes a piece of good news for the locals in Noida. The Bhangel flyover in the city will have sound barriers soon and in this regard, the Noida authority has issued a tender to finalise an agency to install sound barriers, officials said on Friday. They added that the move to install sound barriers comes after complaints filed by residents living along the elevated corridor, alleging that the rising noise from the stretch is posing problems to them since the road was opened in November 2025. โ€œWe have invited bids for the installation of noise barriers on the…
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Electrical equipment maker’s stock in focus after company declares quarterly results: Check details | Markets
29
May
By The Press Editor
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Business

Electrical equipment maker’s stock in focus after company declares quarterly results: Check details | Markets

Mumbai: Shares of electrical equipment maker Pavna Industries are in focus as the company has announced financial results for the fourth quarter and the full financial year ended March 31, 2026. The company's consolidated revenue stood at Rs 297.04 crore for the financial year ended March 31, 2026, compared to Rs 308.24 crore recorded in the preceding fiscal year. Similarly, its net profit dipped to Rs 5.29 crore for FY26 (after accounting for the share of loss from associates), against Rs 8.04 crore posted in FY25. Share price today The stock faced moderate selling pressure in the final trading session…
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NBFC stock jumps 14% as company reports FY26 results, stages turnaround from last quarter | Markets
29
May
By The Press Editor
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Business

NBFC stock jumps 14% as company reports FY26 results, stages turnaround from last quarter | Markets

Mumbai: The non-banking financial company (NBFC) stock Golden Legand Leasing and Finance jumped over 14 per cent to Rs 10.51 apiece in today's trading session i.e. on May 29, 2026. The stock opened at 10.51 apiece today, also the intraday high of the stock. However, it witnessed some profit booking and fell to a low of Rs 8.60. Last seen, the stock was trading at Rs 9.86 with a gain of Rs 0.66 or 7.17 per cent from the previous close of Rs 9.20 on the BSE. The market cap of the company stood at Rs 14.66 crore. The stock…
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Textile stock trades in green after company announced its financial results for Q4 2026, check details | Markets
29
May
By The Press Editor
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Business

Textile stock trades in green after company announced its financial results for Q4 2026, check details | Markets

Mumbai: Shares of textile company Nandan Denim are trading in the green despite the benchmark indices, Sensex and Nifty, being volatile after a positive start. The counter began the trading session in green at Rs 2.65 against the previous close of Rs 2.63 on the BSE. The counter gained further to touch an intraday high of Rs 2.67, a gain of Rs 0.04 or 1.52 per cent from the previous close. Last seen, the counter held firmly in green even as Sensex fell 176.74 points or 0.23 per cent to 75,691.06 and Nifty dipped 74.20 points or 0.31 per cent…
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This jewellery stock continues positive momentum after quarterly results, jumps 14% today – Details | Markets
29
May
By The Press Editor
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Business

This jewellery stock continues positive momentum after quarterly results, jumps 14% today – Details | Markets

Mumbai: Shares of Delhi-based PC Jeweller Ltd continued an upward trend after strong quarterly results. The stock started the trading session in green amid gains in benchmark indices Sensex and Nifty in early trade following a decline in crude oil prices on reports that the US and Iran reached an understanding to extend the ceasefire for another 60 days. The stock opened at Rs 9.48, a gain of Rs 0.27 or 2.9 per cent from the previous close of Rs 9.21 on the BSE. Amid a spurt in volume by more than 5.93 times, the scrip gained further and touched…
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