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US to launch ‘economic D-Day’ against Iran, Treasury Secretary says administration is entering the ‘endgame’
24
Aug
By The Press Editor
Business

US to launch ‘economic D-Day’ against Iran, Treasury Secretary says administration is entering the ‘endgame’

US Treasury Secretary Scott Bessent has announced that the United States is launching an "economic D-Day" against Iran. Stressing that the Trump administration has dismantled Iran’s military capabilities and buried its nuclear program, Bessent said this would be the single largest economic campaign ever deployed against an adversary. "President Trump has dismantled Iran’s military capabilities, destroyed nearly 100 per cent of its military factories, and buried its nuclear program...We are now entering the endgame. At dawn begins an economic D-Day - the single greatest financial offensive ever marshalled against an adversary," he said in a post on X.  Full economic isolation …
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Indian Railways operates first double-stack long-haul container train from JNPT Mumbai
22
Aug
By The Press Editor
Business

Indian Railways operates first double-stack long-haul container train from JNPT Mumbai

New Delhi: In a significant operational milestone, Indian Railways on Saturday successfully flagged off the first double-stack long-haul container train from JNPT, Mumbai, to CONCOR’s GCT terminal at Varnama in the Vadodara Division. A total of 360 TEUs of containers were transported on this train. The train covered a distance of approximately 422 kilometers. The container load departed from JNPT at 19:00 hours on August 21, 2026. This long-haul train consisted of two double-stack rakes: Leading Rake: JNPT–Vadodara | Load: 45+1 | Loco: 60311 | Weight: 1,817 tonnes Trailing Rake: JNPT–Vadodara | Load: 45+1 | Loco: 24690 | Weight: 2,105…
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Amrit Bharat Express trains: Check full list of routes connecting Delhi, Mumbai and key destinations
21
Aug
By The Press Editor
Business

Amrit Bharat Express trains: Check full list of routes connecting Delhi, Mumbai and key destinations

Amrit Bharat Express has emerged as a significant milestone for everyday travellers, and 50 trains have been announced so far. The Amrit Bharat Express is a modern, non-AC long-distance sleeper class train service introduced by Indian Railways to provide reliable, affordable, and comfortable travel. Fares on these trains are around Rs 500 per 1,000 kilometres. It is designed to handle heavy passenger volumes, especially during festive seasons and peak migration periods. Amrit Bharat trains are fully non-AC, configured with 11 General Class coaches, 8 Sleeper Class coaches, 1 Pantry Car, and 2 Second Class–cum–Luggage–cum–Guard Vans with disabled-friendly compartments. New Amrit Bharat…
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India’s forex kitty jumps .9 billion to 6.9 billion, nearing February’s record high level
21
Aug
By The Press Editor
Business

India’s forex kitty jumps $9.9 billion to $716.9 billion, nearing February’s record high level

New Delhi: India's foreign exchange reserves have surged by nearly USD 10 billion in a week, moving significantly closer to the record level touched earlier this year. According to the latest data released by the Reserve Bank of India (RBI) on Friday, the country's forex reserves rose by USD 9.905 billion to USD 716.907 billion in the week ended August 14. The latest increase comes after an even sharper rise in the preceding week. For the week ended August 7, India's overall foreign exchange reserves had climbed by USD 14.136 billion to USD 707.002 billion. The latest data underline a…
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Textile stock ends session with 20% gain even as benchmark indices close flat in volatile session
21
Aug
By The Press Editor
Business

Textile stock ends session with 20% gain even as benchmark indices close flat in volatile session

Shares of textile stock Nandan Denim ended the volatile trading session in the green, even as Indian benchmark indices ended flat in a range-bound session today, i.e., on August 21, 2026, as elevated global bond yields continue to cause worry in the market. The counter opened today at Rs 2.26 against the previous close of Rs 2.27 on the BSE. Amid a spurt in trading volume of more than 18.77 per cent, the counter jumped around 20 per cent to hit its 52-week high of Rs 2.72. The market cap of the company stood at Rs 392.08 crore. This is…
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Is Rs 4,000 crore elevated corridor the next growth trigger for Noida and Greater Noida real estate?
21
Aug
By The Press Editor
Business

Is Rs 4,000 crore elevated corridor the next growth trigger for Noida and Greater Noida real estate?

The finalisation of the route for the proposed Rs 4,000-crore elevated corridor connecting Noida and Greater Noida could mark another significant turning point in the NCR’s infrastructure and real estate growth story. The proposed eight-lane corridor, spanning approximately 51 km, is being planned to strengthen connectivity between Noida Sector 94, Greater Noida, the Yamuna Expressway and the Faridabad-Jewar Greenfield Expressway. The project takes on added significance as traffic is expected to increase around the Noida International Airport.  According to the latest plan, the corridor will begin from Sector 94 near Kalindi Kunj and run parallel to the Yamuna Pushta Road…
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Gold rises to Rs 1.61 lakh per 10 grams, silver too gains on MCX, here are the key levels to watch
21
Aug
By The Press Editor
Business

Gold rises to Rs 1.61 lakh per 10 grams, silver too gains on MCX, here are the key levels to watch

Rates of precious metals in futures continue to gain as US Treasury bond buybacks and surging national debt fuel market volatility. The gold October 5 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 1,205 or 0.75 per cent at Rs 1,60,630 per 10 grams against the previous close of Rs 1,59,425. It soon touched the intraday high of Rs 1,61,186, a gain of Rs 1,761 or 1.10 per cent. Last seen, it was trading at Rs 1,61,108 with a gain of Rs 1,683 or 1.06 per cent. In between, it touched the low of Rs…
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Integrated services firm stock hits fresh 52-week high, in focus post fundraising announcement
21
Aug
By The Press Editor
Business

Integrated services firm stock hits fresh 52-week high, in focus post fundraising announcement

Shares of integrated services firm GACM Technologies have been in the action despite market volatility. The stock has hit the upper circuit for the third consecutive session today. The penny stock opened in the green at Rs 0.92 and gained further to hit the intraday high of Rs 0.94. This is also the counter's fresh 52-week high. The 52-week low of the counter is Rs 0.40, touched on March 30, 2026. The market cap of the company stood at Rs 150.19 crore. The stock hit a fresh high even as the benchmark equity indices Sensex and Nifty traded marginally higher…
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Welspun Corp share price surges over 17% to hit fresh 52-week high of Rs 2,319.80 on BSE, here’s why
21
Aug
By The Press Editor
Business

Welspun Corp share price surges over 17% to hit fresh 52-week high of Rs 2,319.80 on BSE, here’s why

Shares of Welspun Corp Ltd (WCL), which has a diversified portfolio spanning line pipes, ductile iron (DI) pipes, stainless steel bars, pipes & tubes, and TMT rebars, are in action after the company said it has secured the largest single order in its history. According to the information shared with exchanges after market hours on Thursday, the order is valued at approximately USD 1.8 billion or around Rs 17,200 crore. Following this order, the company's overall global order book has expanded to an all-time high of USD 4.4 billion or Rs 42,100 crore. Welspun Corp share price today Following this…
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