Business

25

Mar

By The Press Editor

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Business

Bank Holidays March 2026: Banks to remain closed for four days: Check full list here

New Delhi: The last week of March will be crucial for customers, as banks will remain closed for several days. If you have to complete any important work related to the bank, please note down the dates in advance, as you may face problems. Banks will remain open across India only on Monday, March 30. Actually, there are continuous holidays due to festivals and weekends. In such a situation, it would be better to plan your banking in advance and avoid a last-minute rush. Bank holidays may vary according to local festivals and the days of different states. When will…

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25

Mar

By The Press Editor

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Business

Cabinet clears modified regional air connectivity scheme UDAN with an outlay of Rs 28,840 crore

New Delhi: The Union Cabinet on Wednesday approved the launch of the implementation of the modified regional connectivity scheme - UDAN. Sharing the details, Union Minister Ashwini Vaishnaw said that the scheme has been approved for a period of ten years, from the financial year 2026-27 to 2035-36, with a total outlay of Rs 28,840 crore, with budgetary support from the Government of India. The Union Minister also said that 100 airports will be developed from existing unserved airstrips under the scheme. The total outlay for developing the airports will be Rs 12,159 crore over the next eight years.  Also, the…

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25

Mar

By The Press Editor

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Business

As global fuel crisis deepens, China works on masterplan to remain unaffected: Details

New Delhi: At a time when countries across Asia, Africa and Europe are rolling out sweeping and unprecedented energy conservation measures due to disruption in global fuel supplies as conflict in West Asia refuses to die down, China is quietly and steadily working on a long-term plan to reduce its reliance on oil supply routes like Strait of Hormuz -  a critical global energy chokepoint through which over 20 per cent of the world's oil and gas shipments pass. While most countries are focusing on the Strait of Hormuz, Beijing is pursuing a different approach by building an alternative energy…

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25

Mar

By The Press Editor

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Business

34.86% YTD return: Will this healthcare stock gain further? Here’s what investors must know

Mumbai: Despite volatility in the stock market, shares of Park Medi World have returned 34.86 per cent on a year-to-date (YTD) basis. The company's stock opened the trading session in the green at Rs 207.85, up from the previous close of Rs 205.15 on the BSE. It further advanced to touch a high of Rs 208.05, representing a gain of 1.41 per cent from the previous close. Also, this is just 3.71 per cent away from the 52-week high of Rs 208.5. The stock's 52-week low is Rs 138.15. On the National Stock Exchange (NSE), the scrip opened at Rs…

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25

Mar

By The Press Editor

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Business

This smallcap stock trades in green on extension of tenure of optionally convertible debentures, details here

Mumbai: Shares of Hazoor Multi Projects Ltd, a small-cap company engaged in developing residential and commercial projects, are on investors' radar today. In its latest exchange filing, the company stated that it had earlier informed the stock exchanges on January 27, 2026, and February 28, 2026, about the conversion of optionally convertible debentures of its wholly-owned subsidiary, Square Port Shipyard Private Limited, into equity shares. The company has now approved the extension of the tenure of these optionally convertible debentures, carrying an interest rate of 0.01 per cent and totalling Rs 25 crore, by one more year. The tenure has…

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25

Mar

By The Press Editor

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Business

No fuel shortage, supply steady across India: Oil Marketing Companies amid reports of panic buying

New Delhi: Amid reports of panic buying, leading Oil Marketing Companies (OMCs) on Wednesday said there is no shortage of petrol, diesel, or LPG, and supply is steady across the country. In official statements issued to the public, OMCs said that adequate stocks are currently available to meet national demand without any disruption.  "Important Information for All Citizens. Rumours about petrol and diesel shortages in certain areas are completely unfounded. There is no shortage of fuel across the nation. India is a net exporter of petrol and diesel. We have adequate stocks of crude oil, petrol, diesel, and ATF. Supply…

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25

Mar

By The Press Editor

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Business

1200% dividend stock: Two-wheeler maker fixes record date for interim dividend, check full details

Mumbai: Stock markets witnessed a strong rebound on Tuesday, March 24, 2026, on the back of easing tensions on the Middle East war front and robust buying interest. The Nifty ended 399.75 points higher at 22,912.40, while the Sensex was up by 1372.06 points to close at 74,068.45. While the market is expected to open on a cautiously positive note amid persistent selling by foreign institutional investors, driven by global uncertainty, currency fluctuations, and shifting risk appetite. Amid this uncertainty, there is an opportunity for investors to make some additional profit from their investment as a two-wheeler manufacturing company has announced…

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25

Mar

By The Press Editor

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Business

Stock Market Holiday 2026: Are NSE and BSE closed on March 26 for Ram Navami? Details

New Delhi:   Amid high volatility in the stock market, there is some respite for investors as benchmark indices will remain closed tomorrow, i.e. on March 26, 2026, in account of Shri Ram Navami, one of the most important festivals in Sanatan Dharma. According to the National Stock Exchange's holiday calendar for the year, the benchmark indices will remain closed on Thursday for Shri Ram Navami. Therefore, the stock market will reopen on Friday, March 27, 2026. However, they will be closed for two consecutive days, with March 28 falling on Saturday and March 29 falling on Sunday. Stock Market…

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25

Mar

By The Press Editor

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Business

Market Opening Bell: Sensex jumps 583 points, Nifty above 23,000 amid positive global cues

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, continued their upward momentum on Wednesday, March 25, 2026, in tandem with global markets. While the 30-share BSE Sensex jumped 583.56 points or 0.78 per cent to start the session at 74,652.01, the Nifty gained 152 points to open at 23,064.40. In the last trading session, the Sensex closed at 74,068.45 and the Nifty 50 at 22,912.40. Similarly, the broader indices traded in the green in the opening session. While the BSE Midcap Select Index added 166.30 points, or 1.09 per cent, in the early trading session, the BSE Smallcap Select…

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24

Mar

By The Press Editor

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Business

Budget Delhi 2026-27: CM Rekha Gupta presents Rs 1.03 lakh crore budget – Check key announcements

New Delhi: Delhi Chief Minister and Finance Minister Rekha Gupta on Tuesday presented a Rs 1,03,700 crore Budget for the financial year 2026-27. While presenting the Budget, the Chief Minister stressed that the national capital is progressing rapidly with the "triple engine" government. Describing it as a "green budget", she said the city is passing through a phase of transition and flagged that a "culture of freebies" had affected the growth rate, adding that the period between 2018 and 2020 saw a fall in revenue.  Here are the key announcements  A provision of Rs 11,266 crore has been made for…

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