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Gold surges above Rs 1.54 lakh per 10 gram on MCX, silver too jumps on US-Iran ceasefire | Check city-wise rates
08
Apr
By The Press Editor
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Business

Gold surges above Rs 1.54 lakh per 10 gram on MCX, silver too jumps on US-Iran ceasefire | Check city-wise rates

Mumbai: Rates of precious metals in futures rebounded on Wednesday, April 8, 2026, 2026 as crude oil prices fell below the USD 95 mark after the US and Iran announced a two-week ceasefire. The gold June 5 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 3,261 or 2.16 per cent at Rs 1,53,301 per 10 grams against the previous close of Rs 1,50,289. It later gained further to hit the high of Rs 1,54,934, a jump of Rs 4,645 or 3.09 per cent. Last seen, it was trading at Rs 1,53,850, up Rs 3,561 or…
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Lucknow to Kanpur in just 30 minutes: New expressway set to transform everyday travel
08
Apr
By The Press Editor
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Business

Lucknow to Kanpur in just 30 minutes: New expressway set to transform everyday travel

Lucknow: The Ministry of Road Transport and Highways (MoRTH) has built several expressways that have significantly reduced travel time between cities. One such project is the Lucknow-Kanpur Expressway, which will connect two of the most important cities of Uttar Pradesh. The 63-km-long Lucknow-Kanpur Expressway, a dream project of NHAI, is now ready and will completely transform the travel experience between these two cities. Travel time to reduce significantly Until now, travelling by road between Lucknow and Kanpur has taken 1.5 to 3 hours due to heavy traffic and congestion. However, this new 63-kilometre expressway will reduce the travel time to…
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Renewable energy stock surges 5% as solar push gains momentum, check share price
08
Apr
By The Press Editor
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Business

Renewable energy stock surges 5% as solar push gains momentum, check share price

Mumbai: Shares of Renewable energy player RDB Infrastructure and Power gained 5 per cent on Wednesday amid a rally in the benchmark indices, following a ceasefire announced by the United States and Iran that sent Brent crude oil prices lower. The counter opened gap up with a gain of 4.99 per cent at Rs 34.48 against the previous close of Rs 32.84 on the BSE. However, the counter witnessed some profit booking at higher levels and fell to touch the intraday low of Rs 33.50. However, it bounced back and last seen the stock was trading at Rs 34.47 with…
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FMCG stock gains after 6 days of consecutive fall hits 5% upper circuit – Check share price
08
Apr
By The Press Editor
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Business

FMCG stock gains after 6 days of consecutive fall hits 5% upper circuit – Check share price

Mumbai: Shares of Elitecon International, a diversified FMCG enterprise, rebounded on Wednesday amid a sharp rally in the benchmark indices Sensex and Nifty after the US and Iran announced a two-week ceasefire. The stock opened in the red at Rs 37.46, down from the previous close of Rs 39.43 on the BSE. However, amid a spurt in trading volume by more than 30.96 times, the counter gained 5 per cent and was locked in an upper circuit. Last seen, the stock was trading at Rs 40.13 with a gain of Rs 0.70 or 1.78 per cent. The market cap of…
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156% return in 1 year: Shares of KMEW gain over 5% post this update, check details here
08
Apr
By The Press Editor
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Business

156% return in 1 year: Shares of KMEW gain over 5% post this update, check details here

Mumbai: Shares of Knowledge Marine and Engineering Works Ltd, which is into dredging, repairs, and maintenances of marine crafts and marine infrastructure, surged over 5 per cent on Wednesday after the company informed exchanges about the commissioning of River Pearl 47, the largest and deepest Indian-flag, self-propelled backhoe dredger, at Jawaharlal Nehru Port Authority (JNPA) under contract with the Dredging Corporation of India. The counter opened gap up at Rs 1750.95, representing a gain of 5.46 per cent from the previous close of Rs 1,660.30 on the BSE. However, it later dipped amid profit booking and touched the intraday low…
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AERA announces 25% cut in flight landing, parking charges for 3 months – Will flights get cheaper?
08
Apr
By The Press Editor
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Business

AERA announces 25% cut in flight landing, parking charges for 3 months – Will flights get cheaper?

New Delhi: To provide immediate relief to the aviation sector, the Airports Economic Regulatory Authority of India (AERA) has announced a major decision. According to AERA, landing and parking fees for domestic flights have been reduced by 25 per cent at all major airports across the country. This reduction is effective immediately and will remain in effect for the next three months. After three months, AERA will review market conditions, airlines' financial positions, and industry challenges before deciding on further charges. The tariff follows the government's directive to the authority in view of the ongoing West Asia crisis, the order…
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RBI MPC Meeting 2026: Central bank keeps repo rate unchanged at 5.25%, maintains neutral stance
08
Apr
By The Press Editor
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Business

RBI MPC Meeting 2026: Central bank keeps repo rate unchanged at 5.25%, maintains neutral stance

New Delhi: Reserve Bank Governor Sanjay Malhotra on Wednesday said that the six-member Monetary Policy Committee (MPC) has unanimously decided to keep the repo rate unchanged at 5.25 per cent.ย Malhotra also said that the central bank has maintained the policy stance as โ€˜Neutralโ€™. The RBI MPC meeting comes amid the ongoing conflict in West Asia, which has led to a sharp increase in crude oil prices and a sharp depreciation of the rupee.ย ย  The RBI has cut rates by a total of 125 basis points since February 2025, marking its most aggressive easing cycle since 2019. It last reduced the…
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Market Opening Bell: Sensex surges 2,674 points, Nifty above 23,850 as crude oil prices drop below USD 95
08
Apr
By The Press Editor
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Business

Market Opening Bell: Sensex surges 2,674 points, Nifty above 23,850 as crude oil prices drop below USD 95

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, started the trading session on a strong positive note on Wednesday, amid positive global cues as crude oil prices dropped below USD 95 after the US and Iran agreed to a two-week ceasefire. The action in the market also comes ahead of the RBI's Monetary Policy Committee (MPC) outcome. While the 30-share BSE Sensex surged 2,674.05 points or 3.58 per cent to start the session at 77,290.63, the Nifty added 731.5 points to open at 23,855.15. In the last trading session, the Sensex closed at 74,616.58 and the Nifty 50 at…
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“Time is right for me to…”: Here’s why Air India CEO Campbell Wilson has resigned
07
Apr
By The Press Editor
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Business

“Time is right for me to…”: Here’s why Air India CEO Campbell Wilson has resigned

New Delhi: Tata Group-owned Air India chief executive officer (CEO) and managing director (MD) Campbell Wilson has resigned from the position. The airline, while confirming the development, said that it has set up a committee to find his successor. However, he will continue as CEO & MD till his successor is announced. Wilson, a native of New Zealand, has been at the helm of the Tata Group-owned airline for four years as Chief Executive Officer and Managing Director.ย  Here's why Air India CEO resigned According to the information shared by the airline, Wilson, in the letter, said that he feels…
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