Business

18

Jun

By The Press Editor

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Business

Market Opening Bell: Sensex falls 24 points, Nifty holds 24,050, IT stocks drag amid mixed global cues | Markets

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, failed to extend the positive momentum and opened lower on June 18, 2026, amid mixed global cues, with US stock markets falling around 1 per cent amid anticipation of a rate increase later this year. While the 30-share BSE Sensex fell 23.96 points to start the session at 77,131.66, the Nifty fell 11.9 points to open at 24,073.80. In the last trading session, the Sensex closed at 77,155.62 and the Nifty 50 at 24,085.70.     From the Sensex pack, Trent, BEL, L&T, Adani Ports, and Indigo were among the top gainers,…

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17

Jun

By The Press Editor

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Business

Meerut-Rishikesh Namo Bharat train extension approved: How will it transform Delhi UP and Uttarakhand travel? | Business

New Delhi: Travel between Delhi, western Uttar Pradesh, and Uttarakhand is set to become significantly faster with the proposed extension of the semi-high-speed regional rail service, Namo Bharat, to Rishikesh. Officials said on Wednesday that the Uttarakhand and Uttar Pradesh governments, along with the National Capital Region Transport Corporation (NCRTC), have agreed to extend the semi-high-speed rail corridor to the holy town. Delhi to Rishikesh in 3 hours According to an official statement, the existing 82-km Namo Bharat corridor between Sarai Kale Khan in Delhi and Modipuram in Uttar Pradesh's Meerut will be extended by around 150 km to Lakshman…

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17

Jun

By The Press Editor

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Business

India-UK free trade pact takes effect on July 15: Why it could be a game-changer for India | Business

New Delhi: The India-UK free trade agreement will come into effect on July 15 this year, the commerce ministry said on Wednesday. The Comprehensive Economic and Trade Agreement (CETA) was inked on July 24 last year. "In a major stride for India's global economic engagement, India and the United Kingdom today announced that the CETA will enter into force on 15th July 2026," the ministry said in a statement. Simultaneously, the Agreement on Social Security -- referred to as the Double Contribution Convention (DCC) -- will also come into effect on July 15, it said. Earlier, Union Minister for Commerce…

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17

Jun

By The Press Editor

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Business

Indian Railways launches Pune-Shirdi Express Train: Check route, full schedule, stoppages | Business

Pune: Union Railway Minister Ashwini Vaishnaw on Wednesday flagged off the Pune-Sainagar Shirdi Express, a new rail service aimed at improving connectivity with the pilgrimage town, noting that various measures would help double Pune railway's capacity over the next three years. Maharashtra Chief Minister Devendra Fadnavis joined the programme virtually from his official residence in Mumbai. State legislative council chairman Ram Shinde was present at the Mumbai event, according to a statement from the Chief Minister's Office. Officials said the new train service would provide a convenient, affordable and comfortable travel option for devotees travelling from Pune and nearby areas…

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17

Jun

By The Press Editor

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Business

Changing evaluation matrix: Location alone no longer sufficient for South Delhi’s luxury housing market | Business

New Delhi: For decades, South Delhi has been synonymous with high status in NCR real estate. Places like Defence Colony, New Friends Colony and Greater Kailash have always carried connotations of elitism and social class. Having a home here serves as a status symbol. But as the luxury real estate market in India develops, the notion of ‘value’ in South Delhi might become a bit more than that. The number of residential supplies in Delhi-NCR was up by 28.6 per cent year-on-year (YoY) in Q1 of 2026. House sales increased by 11.4 per cent in the quarter, indicating consistent interest…

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17

Jun

By The Press Editor

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Business

Amrit Bharat Express train between Danapur and Pune – Check route, stoppages and timings | Business

New Delhi: Bihar is set to receive another Amrit Bharat Express train. The Union Railway Minister will flag off this new Amrit Bharat Express train, which will run between Danapur in Bihar and Pune in Maharashtra, on Wednesday. This new train will pass through major locations in Bihar, Uttar Pradesh, Madhya Pradesh, and Maharashtra. Central Railway has shared all the necessary information related to the new Amrit Bharat Express train running between Danapur and Pune. Amrit Bharat Express Danapur, Pune Train Number Train No 11431 Pune-Danapur Amrut Bharat Express from Pune to Danapur will depart from Pune every Saturday at…

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17

Jun

By The Press Editor

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Business

Sensex, Nifty extend winning run to fourth consecutive session, Trent jumps over 7% | Markets

Mumbai: Benchmark stock indices Sensex and Nifty rose for the fourth consecutive session on Wednesday, propelled by a further decline in crude oil prices and firm buying in metal and IT stocks. The 30-share BSE Sensex jumped 347.14 points or 0.45 per cent at 77,155.62. During the day, it hit a high of 77,218.99 and a low of 76,768.49, gyrating 450.5 points. The 50-share NSE Nifty zoomed 96.55 points or 0.40 per cent to settle at 24,085.70. The broader market performed in tandem with the benchmarks. While the BSE MidCap Select Index surged 1.20 per cent, the BSE SmallCap Select…

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17

Jun

By The Press Editor

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Business

Travel by Air India to be cheaper as airline introduces ‘basic fare’ category – What it means for passengers | Business

New Delhi: Air India, the nation's leading airline, has announced a major update for flyers looking for affordable airfares. The airline has introduced a "basic fare" category for select domestic flights. The basic fare option allows passengers to choose tickets based on their needs and budget. This new option is especially suitable for those who want to travel at a lower cost and don't want to pay extra for extra services. According to the airlines, the basic fare has been introduced on a pilot basis and is entirely optional. According to Air India, passengers will also be able to choose…

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17

Jun

By The Press Editor

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Business

Gold, silver prices drop on MCX as crude oil falls below USD 80 per barrel | Check city-wise rates | Markets

Mumbai: Rates of precious metals in futures trade dropped on Wednesday, June 17, 2026, as crude oil prices fell below USD 80 per barrel and as investors remained cautious ahead of the outcome of the US Federal Reserve meeting. The gold August 5 contract on the Multi Commodity Exchange (MCX) opened with a drop of Rs 291 or 0.19 per cent at Rs 1,52,800 per 10 grams against the previous close of Rs 1,53,091. It fell further to touch an intraday low of Rs 1,52,301, a drop of Rs 790 or 0.51 per cent. Last seen, it was trading at…

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17

Jun

By The Press Editor

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Business

Yes Bank Share Price: Stock hits 52-week high on partnership with Northern Arc Capital to scale digital lending | Markets

Mumbai: Wednesday to hit a fresh 52-week high as the firm has entered into a partnership with Northern Arc Capital to expand credit access, scale digital lending and offer debt investment opportunities to customers. The counter opened with minor gains at Rs 23.91 against the previous close of Rs 23.89 on the BSE. But it soon gained momentum amid a spurt in volume by more than 2.07 times and hit an intraday high of Rs 25.45, representing a gain of Rs 1.56 or 6.5 per cent from the previous close. This is also the stock's fresh 52-week high, and its 52-week…

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