Business

19

Mar

By The Press Editor

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Business

Stock market holiday: Are NSE and BSE open or closed for Gudi Padwa on March 19? Find out here

Mumbai: Gudi Padwa is being observed today, i.e. on March 19, 2026. For many communities, especially in Maharashtra and Goa, it marks the start of a new year. To mark this festival, a public holiday has been declared in Maharashtra and Goa so that people can celebrate the festival with family and friends. According to the list of bank holidays released by the Reserve Bank of India (RBI), banks will remain shut on Thursday, March 19, in Maharashtra, Goa and other cities. This has led to confusion among investors, who want to know whether the holiday also applies to Mumbai-based…

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18

Mar

By The Press Editor

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Business

Gold price drops further, silver below Rs 2.50 lakh per kg on MCX | Check city-wise rates

Mumbai: Rates of precious metals in futures edged lower on Wednesday, March 18, 2026, ahead of the US Federal Reserve's monetary policy decision and fall in oil prices. The gold April 2 contract on the Multi Commodity Exchange (MCX) opened with a dip of Rs 327 or 0.20 per cent at Rs 1,55,658 per 10 grams against the previous close of Rs 1,55,985. It later fell to touch the low of Rs 1,55,200, a dip of Rs 785 or 0.50 per cent. Last seen, it was trading at Rs 1,55,801 with a fall of Rs 184 or 0.12 per cent.…

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18

Mar

By The Press Editor

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Business

This NBFC stock in focus as company raises $15 million through first-ever external borrowing

Mumbai: Shares of SBI Life Insurance-backed smallcap NBFC (non-banking financial company) Paisalo Digital Ltd are in focus today as the company shared important information after market hours on Tuesday. Following this update, the stock traded in the green for a brief period. In its latest exchange filing, the company said that it has raised USD 15 million through its first-ever external borrowing (ECB). This move is significant toward strengthening and diversifying its funding sources. The proceeds will be used to provide loans to MSMEs, income-generating businesses, and other critical sectors. In its filing, the company stated that this will provide…

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18

Mar

By The Press Editor

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Business

This IT stock rebounds after 5 days of consecutive fall amid action in the sector, check details

Mumbai: Shares of smallcap IT company Kellton Tech Solutions Ltd, with a market cap of around Rs 900 crore, witnessed a strong rally today as benchmark indices Sensex and Nifty traded mostly higher, building on gains of the past two trading sessions, amid a drop in crude oil prices and a firm trend in global peers. The rally in the stock comes as the IT sector has gained by 3.36 per cent. The stock opened in the red at Rs 16.30, down from the previous close of Rs 16.44 on the BSE. However, it rebounded and touched the high of…

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18

Mar

By The Press Editor

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Business

Cabinet approves Rs 6,969 crore Barabanki-Bahraich access-controlled four-lane highway project

New Delhi: The Cabinet meeting, chaired by Prime Minister Narendra Modi, has approved the construction of a four-lane access-controlled National Highway-927 from Barabanki to Bahraich in Uttar Pradesh. Sharing the details, Union Railway Minister Ashwini Vaishnaw said that the 101.515 km highway will be constructed on a Hybrid Annuity Mode at a cost of Rs 6969.04 crore. Project to generate employment opportunities The project involves a civil cost of around Rs 3,485.49 crore and an additional Rs 1,574.85 crore for land acquisition. The project would generate 36.54 lakhs person-days (direct) and 43.04 lakh person-days (indirect) new employment opportunities. The proposed upgradation…

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18

Mar

By The Press Editor

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Business

Centre offers additional 10% allocation of commercial LPG to all states and UTs

New Delhi: Amid the ongoing shortage of liquified petroleum gas (LPG) in the country due to the war between the US, Israel, and Iran, the government on Wednesday said that it has offered all states and Union Territories an additional 10 per cent allocation of commercial LPG, provided they can help in the long-term transition from LPG to PNG (piped natural gas). Sharing the details, Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said that one per cent additional allocation will be provided for the formation of State and District level committees for the approval of…

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18

Mar

By The Press Editor

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Business

10% rally in 2 days: This real estate stock gains following Dalal Stree rally, details here

Mumbai: Shares of smallcap company Hazoor Multi Projects Ltd. are in action amid a rally in the benchmark indices. The counter has gained nearly 10 per cent in two days. Today, the counter opened gap up with a gain of 3.38 per cent at Rs 28.48 against the previous close of Rs 27.55 on the BSE. Amid strong buying interest, the stock jumped further and touched an intraday high of Rs 29.25, representing a gain of Rs 1.70 or 6.17 per cent. Last seen, the scrip held firmly in green at Rs 28.85, and the market cap of the company…

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18

Mar

By The Press Editor

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Business

LPG ‘gas ATM’ launched in Gurugram: No more waiting for cylinders, vending machine to operate 24X7

Mumbai: Amid an ongoing LPG shortage across the country due to the ongoing US-Israel-Iran war, a major facility has been introduced for residents of Gurugram. North India’s first LPG gas ATM has been launched in the city, eliminating the need to wait for hours when gas runs out. A filled cylinder can now be obtained within just 2 to 3 minutes. The smart vending machine has been installed at Central Park Flower Valley, Sector 22, Sohna, as a pilot project by Bharat Petroleum Corporation Limited (BPCL). This machine is fully automated and contactless. Customers can log in with their registered…

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18

Mar

By The Press Editor

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Business

Smallcap IT stock rallies nearly 6%, over 9,50,000 shares traded so far, check details here

Mumbai: Shares of small-cap IT company Blue Cloud Softech Solutions Ltd. rallied nearly 6 per cent today amid a strong start in the benchmark indices. Sensex and Nifty rallied, building on gains of the past two trading sessions, amid a drop in crude oil prices and a firm trend in global peers. At the time of writing, the stock was trading at Rs 19.61, up 5.54 per cent or Rs 1.03 on the BSE. The stock opened at Rs 18.80 and touched an intraday high of Rs 19.70 during the session. The rally was accompanied by significant trading activity. At…

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18

Mar

By The Press Editor

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Business

Upper circuit alert: FMCG stock hits 5% upper circuit, outperforms sector by 2.8%

Mumbai: Shares of Elitecon International Limited, a leading diversified FMCG enterprise, are in action as benchmark indices Sensex and Nifty rallied in early trade on Wednesday, building on gains of the past two trading sessions, amid a drop in crude oil prices and a firm trend in global peers. The counter started the trading session in the green at Rs 53.53, up from the previous close of Rs 53.18 on the BSE. The stock gained further to touch the high of Rs 55.83 and locked in a 5 per cent upper circuit. The market cap of the company stood at…

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