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New Noida to have direct connection with Yamuna, Ganga Expressway, here’s how it is planned | Business
02
Jun
By The Press Editor
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Business

New Noida to have direct connection with Yamuna, Ganga Expressway, here’s how it is planned | Business

Noida: The Noida Authority has already begun preparations for smooth transportation in New Noida, which will be built on land belonging to 80 villages in Dadri and Bulandshahr, Greater Noida. This area will be connected to the Ganga and Yamuna Expressways. On paper, New Noida is named the Dadri-Noida-Ghaziabad Special Investment Region. Authority officials say a letter will be written to the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) demanding the construction of an exit point to let vehicles leave the link expressway in the New Noida area, as well as an entry point. This will also be advocated at…
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Equity markets stage strong intraday recovery, Sensex ends 382 points higher, Nifty at 23,488 | Markets
02
Jun
By The Press Editor
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Business

Equity markets stage strong intraday recovery, Sensex ends 382 points higher, Nifty at 23,488 | Markets

Mumbai: Indian equity markets staged a remarkable intraday recovery today after a weak start and snapped the four-day losing streak amid an explosive rally in the IT sector. The BSE Sensex closed at 74,649.84 points with a gain of 382.50 points or 0.52 per cent. Whereas, NSE's Nifty 50 index closed at 23,483.55 points with a rise of 100.95 points, or 0.43 per cent. The rally comes amid heavy buying in the IT sector. The Nifty IT index surged over 4 per cent, with heavyweights such as TCS and Infosys leading the gains. According to experts, the sector also benefited…
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RBI MPC meeting June 2026 to begin tomorrow: Will central bank increase interest rate amid global uncertainty? | Business
02
Jun
By The Press Editor
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Business

RBI MPC meeting June 2026 to begin tomorrow: Will central bank increase interest rate amid global uncertainty? | Business

New Delhi: Millions of loan borrowers and fixed deposit (FD) investors across the country will be closely watching the outcome of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting, which begins tomorrow, i.e. on June 3, 2026. The meeting holds significance as it comes amid ongoing tensions in West Asia, rising oil and gas prices and supply chain challenges. This has led to uncertainty in the stock market and left crude oil and gold prices highly volatile. Amid this, the question on everyone's mind is - will the central bank make any changes to interest rates this…
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This IT stock gains despite market volatility, company posted strong revenue in Q4 – Check details | Markets
02
Jun
By The Press Editor
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Business

This IT stock gains despite market volatility, company posted strong revenue in Q4 – Check details | Markets

Mumbai: Shares of Blue Cloud Softech Solutions, an AI-driven enterprise and cybersecurity solutions specialist, are in green even as benchmark indices remained volatile today. Equity benchmark indices Sensex and Nifty declined in early trade as investors remained concerned over the USโ€“Iran situation. However, they recovered with Sensex rising over 400 points from the day's low and Nifty reclaimed the 23,350-mark. Amid this, the shares of the started the trading session in green. The counter opened at Rs 18.40, a gain of Rs 0.40 against the previous close of Rs 18 on the BSE. Amid value buying, the stock gained to…
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Ola QIP at Rs 37.74: What is a Qualified Institutional Placement and how does it help the company? | Markets
02
Jun
By The Press Editor
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Business

Ola QIP at Rs 37.74: What is a Qualified Institutional Placement and how does it help the company? | Markets

Mumbai: Shares of Ola Electric Mobility fell nearly 3.5 per cent on Tuesday, June 2, 2026, after the company launched a qualified institutional placement (QIP) issue at a floor price of Rs 37.74 per share. The counter opened the trading session at Rs 38.40, down from the previous close of Rs 39.53 on the BSE. It fell further, hitting the intraday high of Rs 38.15, representing a 3.49 per cent decline from the last closing price. Last seen, the stock was trading at Rs 38.90 with a dip of Rs 0.63 or 1.59 per cent. The market cap of the…
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From SpiceJet to IndiGo, these aviation shares tumble over 2.5% today – Here’s what behind the fall | Budget
02
Jun
By The Press Editor
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Business

From SpiceJet to IndiGo, these aviation shares tumble over 2.5% today – Here’s what behind the fall | Budget

Mumbai: Shares of aviation sector companies are under pressure in Tuesday's trade as Russia has declared a prohibition on the export of aviation fuel, effective until November 30. While the unexpected ban has stirred debate over the availability and pricing of aviation turbine fuel, the Kremlin said the temporary trade restriction is an effort to protect domestic inventories amid declining refinery production and shifting dynamics across its energy network. Following this, airline stocks saw a sell-off. Shares of IndiGo and SpiceJet fell up to 2.5 per cent today.ย  SpiceJet Share Price The stock opened in the red at Rs 12.28,…
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Market Opening Bell: Sensex tumbles 322 points, Nifty near 23,200, Infosys gains over 3% | Markets
02
Jun
By The Press Editor
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Business

Market Opening Bell: Sensex tumbles 322 points, Nifty near 23,200, Infosys gains over 3% | Markets

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened in the red on June 1, 2026, amid mixed global cues, with crude oil prices above USD 90 per barrel. While the 30-share BSE Sensex fell 322.14 points or 0.57 per cent to start the session at 73,945.20, the Nifty shed 153.45 points to open at 23,229.15. In the last trading session, the Sensex closed at 74,267.34 and the Nifty 50 at 23,382.60. Similarly, the broader indices traded in the red in the opening session. While the BSE Midcap Select Index was down by 147.33 points, the BSE Smallcap Select…
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Govt hikes onion procurement price by 24%: Know how much farmers will get now | Business
01
Jun
By The Press Editor
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Business

Govt hikes onion procurement price by 24%: Know how much farmers will get now | Business

New Delhi: The government has increased the onion procurement price under its buffer stock programme by 24.4 per cent to Rs 15.80 per kg, up from Rs 12.70 per kg, citing prevailing market conditions and the need to safeguard farmers' interests. Additional Secretary, Ministry of Food and Consumer Affairs, Anupam Mishra, at an inter-ministerial briefing on Monday, said, "We increased the procurement price of onion to Rs 15.80 per kg from Rs 12.70 per kg."ย  Procurement of onions for the current season commenced on May 15, and the revised prices were officially notified on May 22. Buffer stocks are maintained…
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Indian Railways launches new train from Bihar to Tirupati: Check route, stoppages and schedule | Business
01
Jun
By The Press Editor
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Business

Indian Railways launches new train from Bihar to Tirupati: Check route, stoppages and schedule | Business

New Delhi: Indian Railways has launched a new regular train service between Raxaul and Tirupati, offering improved connectivity for passengers from Bihar, Jharkhand, Odisha, and Chhattisgarh. The train, which was earlier operated as a special service, has now been converted into a regular train due to strong passenger demand. Train route The new train will operate between Raxaul and Tirupati, departing from Raxaul every Thursday and from Tirupati every Monday. The train will travel via key stations including Darbhanga, Samastipur, Barauni, Jhajha, Dhanbad, Ranchi, Rourkela, Raipur and Secunderabad before reaching Tirupati.ย  The service is expected to significantly improve connectivity for…
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