Business

28

May

By The Press Editor

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Business

Over 200% return in 5 years: Jewellery stock in focus again as company’s net profit jump 61% | Markets

Mumbai: Shares of PC Jeweller Ltd have delivered strong long-term returns, and the stock remains focused now, as the company has posted strong results for the quarter ended March 2026. The company has posted a consolidated net profit of Rs 152.9 crore in the January-March quarter, an increase of 61.3 per cent year-on-year from Rs 94.8 crore in the same quarter a year ago. The operating income of the company increased 32.7 per cent to Rs 927.3 crore in the March quarter from Rs 699 crore in the same quarter last year. According to the information shared with exchanges, the…

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28

May

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Business

Railway passengers alert: Snacks to cost more at Central Railway stations from June 1 – Check details | Markets

New Delhi: The impact of rising oil and gas prices will now be clearly visible at railway stations as well. The Central Railway of Indian Railways has approved the increase in the prices of food items sold at the stations. The Central Railway informed that the new prices of food items available at the railway stations will be applicable from June 1, 2026. According to the information received, the Central Railway had approved the increase in food prices on Monday. The Railways have also released a new list of 33 items with new and revised rates. Apart from this, there…

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28

May

By The Press Editor

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Business

Annapurna Yojana: Rs 3,000 will be credited per month to women’s accounts from June 1, find out who will benefit? | Personal-finance

New Delhi: The Suvendu Adhikari-led West Bengal government has announced a major financial assistance scheme for women. Under the state government's new Annapurna scheme, eligible women will receive a monthly financial assistance of Rs 3,000 directly into their bank accounts. The scheme will be effective June 1, 2026. The government states that the scheme aims to empower women financially and provide relief from household expenses. According to the government notification, women aged 25 to 60 will be eligible for this scheme. However, women in government jobs, pensioners, and income tax payers will be able to eligible for this scheme. The Rs…

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28

May

By The Press Editor

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Business

Logistics stock under Rs 50 in focus as company announces financial results for Q4 | Markets

Mumbai: Shares of global logistics player  Tiger Logistics (India) will be in focus on Friday as the company has announced its financial results for the January-March quarter of FY26. The stock ended the last trading session in the red at Rs 35.99, a fall of Rs 0.63 or 1.72 per cent from the previous close of Rs 36.62 on the BSE. During the day, the stock touched intraday highs and lows of Rs 36.59 and 35.04, respectively. The company announced its quarterly audited financial results for the fourth quarter and full fiscal year ended March 31, 2026, after market hours…

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28

May

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Business

PNB 444-day FD interest rates: How much interest will you earn on deposit of Rs 3,00,000? Check calculation | Personal-finance

New Delhi: Punjab National Bank (PNB), one of the country's largest public sector banks, is offering its customers attractive interest rates on fixed deposits (FDs). Customers can earn interest rates ranging from 3 per cent to a maximum of 7.40 per cent. Therefore, if a person invests Rs 3 lakh in PNB's 444-day FD scheme, they can receive substantial interest and interest on maturity. Let's use a simple calculation to understand how much money will be deposited in the account after the stipulated period. Choose tenure depending on your needs Punjab National Bank (PNB) offers its customers a variety of…

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28

May

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Business

Bank Holiday: Are banks open or closed today for Bakrid or Id-ul-Zuha? Check city-wise list | Personal-finance

New Delhi: Do you have any important bank-related work today? If yes, this news is important for you. Bakrid is being celebrated in most parts of the country today, i.e. May 28, 2026. This is why banks will be closed in most cities. Not only major banks like State Bank of India (SBI) and HDFC, but also central government offices and most state government offices will be closed. The central government had originally scheduled a holiday for Bakrid on May 27, but this was later changed.  According to an official statement issued by the Ministry of Personnel, the public holiday…

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28

May

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Business

Share Market Holiday: Are NSE, BSE open or closed today for Bakri Id on May 28? Details here | Markets

Mumbai: There will be no trading in the Indian stock market today, i.e. Thursday, May 28. The share market will remain closed today on the occasion of Bakri Id, so no trading activity will take place on both the country's major exchanges, the BSE and the National Stock Exchange (NSE). According to the official calendar released by BSE and NSE, trading will be completely suspended in the equity (cash) segment as well as in the equity derivatives and currency derivatives segments. Apart from this, no window will be open today for those who invest in or manage liquidity in the…

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27

May

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Business

Beyond retirement homes: Is senior living becoming lifestyle-driven? Here’s what experts say | Business

New Delhi: Senior living, once anathema, is now openly discussed. In several new projects across Bengaluru, Pune and NCR, developers no longer describe these communities as retirement housing. They instead speak about wellness ecosystems, assisted independence, social infrastructure, and active ageing. The distinction is not just in words. It reflects a deeper repositioning of what ageing itself looks like among India’s urban affluent. Senior living market projected to touch nearly USD 7.7 billion by 2030 According to a joint report by JLL and the Association of Senior Living India, the country’s senior living market is projected to touch nearly USD…

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27

May

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Business

Adani Group reverses losses caused after Hindenburg row, makes whopping USD 150 billion recovery: Report | Business

New Delhi: Shares of billionaire Gautam Adani-led group companies have recovered all losses triggered by a critical short-seller report published in 2023, as the conglomerate continues to navigate regulatory scrutiny and legal challenges, Bloomberg has reported. The group's nine listed companies have collectively regained around USD 150 billion in market value that had been wiped out following allegations made by US-based Hindenburg Research, which accused the ports-to-power conglomerate of widespread corporate misconduct. All nine Adani group stocks rose on Wednesday, led by a 13% jump in shares of Adani Total Gas Ltd. Adani Power Ltd. extended its record rally, taking…

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27

May

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Business

Cabinet clears Rs 25,530 crore for extension of Sarthak-PDS scheme for 5 years – Check details | Markets

New Delhi: The Union Cabinet has cleared Rs 25,530 crore for the extension of the 'Sarthak-PDS' scheme. The amount will support state agencies for the intra-state movement of food grains and the modernisation of the public distribution system. The Cabinet Committee on Economic Affairs (CCEA), which was chaired by Prime Minister Narendra Modi, approved the 'Scheme for Assistance in Ration Transport and Handling-Income with Automation in PDS' (Sarthak-PDS) as an umbrella scheme, in the 16th Finance Commission cycle award period. According to Union Minister Ashwini Vaishnaw, the scheme will be implemented over five years, from April 2026 to March 2031.…

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