Business

01

Jun

By The Press Editor

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Business

Commercial LPG prices hiked from June 1; cost up by Rs 42 in Delhi | Business

New Delhi: Businesses using commercial LPG cylinders will have to pay more from June 1 as oil companies have increased the prices of 19-kg commercial cylinders. In Delhi, the price has gone up by Rs 42, taking the retail rate to Rs 3,113.50 per cylinder. In Kolkata, the increase is steeper at Rs 53.50, with the new price reaching Rs 3,255.50. The price of 5-kg Free Trade LPG (FTL) cylinders has also been revised upward by Rs 11. Consumers in Delhi will now have to pay Rs 821.50 for these cylinders. The increase in fuel costs is unlikely to remain…

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31

May

By The Press Editor

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Business

Government slashes windfall tax on petrol, diesel and ATF exports from June 1 | Business

New Delhi: The government has reduced the windfall gains tax on the export of petroleum products, bringing relief to oil companies. The revised rates will come into effect from June 1, according to a notification issued by the finance ministry. Under the new structure, the special additional excise duty (SAED) on petrol exports has been cut to Rs 1.5 per litre. The tax on diesel exports has been reduced to Rs 13.5 per litre, while aviation turbine fuel (ATF) will now attract Rs 9.5 per litre. No change in domestic fuel prices  The government clarified that there will be no…

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30

May

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Business

Bhangel flyover in Noida to have sound barriers soon in big relief for locals, check project cost, deadline | Business

Noida: Here comes a piece of good news for the locals in Noida. The Bhangel flyover in the city will have sound barriers soon and in this regard, the Noida authority has issued a tender to finalise an agency to install sound barriers, officials said on Friday. They added that the move to install sound barriers comes after complaints filed by residents living along the elevated corridor, alleging that the rising noise from the stretch is posing problems to them since the road was opened in November 2025. “We have invited bids for the installation of noise barriers on the…

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29

May

By The Press Editor

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Business

Electrical equipment maker’s stock in focus after company declares quarterly results: Check details | Markets

Mumbai: Shares of electrical equipment maker Pavna Industries are in focus as the company has announced financial results for the fourth quarter and the full financial year ended March 31, 2026. The company's consolidated revenue stood at Rs 297.04 crore for the financial year ended March 31, 2026, compared to Rs 308.24 crore recorded in the preceding fiscal year. Similarly, its net profit dipped to Rs 5.29 crore for FY26 (after accounting for the share of loss from associates), against Rs 8.04 crore posted in FY25. Share price today The stock faced moderate selling pressure in the final trading session…

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29

May

By The Press Editor

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Business

NBFC stock jumps 14% as company reports FY26 results, stages turnaround from last quarter | Markets

Mumbai: The non-banking financial company (NBFC) stock Golden Legand Leasing and Finance jumped over 14 per cent to Rs 10.51 apiece in today's trading session i.e. on May 29, 2026. The stock opened at 10.51 apiece today, also the intraday high of the stock. However, it witnessed some profit booking and fell to a low of Rs 8.60. Last seen, the stock was trading at Rs 9.86 with a gain of Rs 0.66 or 7.17 per cent from the previous close of Rs 9.20 on the BSE. The market cap of the company stood at Rs 14.66 crore. The stock…

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29

May

By The Press Editor

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Business

Textile stock trades in green after company announced its financial results for Q4 2026, check details | Markets

Mumbai: Shares of textile company Nandan Denim are trading in the green despite the benchmark indices, Sensex and Nifty, being volatile after a positive start. The counter began the trading session in green at Rs 2.65 against the previous close of Rs 2.63 on the BSE. The counter gained further to touch an intraday high of Rs 2.67, a gain of Rs 0.04 or 1.52 per cent from the previous close. Last seen, the counter held firmly in green even as Sensex fell 176.74 points or 0.23 per cent to 75,691.06 and Nifty dipped 74.20 points or 0.31 per cent…

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29

May

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Business

This jewellery stock continues positive momentum after quarterly results, jumps 14% today – Details | Markets

Mumbai: Shares of Delhi-based PC Jeweller Ltd continued an upward trend after strong quarterly results. The stock started the trading session in green amid gains in benchmark indices Sensex and Nifty in early trade following a decline in crude oil prices on reports that the US and Iran reached an understanding to extend the ceasefire for another 60 days. The stock opened at Rs 9.48, a gain of Rs 0.27 or 2.9 per cent from the previous close of Rs 9.21 on the BSE. Amid a spurt in volume by more than 5.93 times, the scrip gained further and touched…

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28

May

By The Press Editor

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Business

Over 200% return in 5 years: Jewellery stock in focus again as company’s net profit jump 61% | Markets

Mumbai: Shares of PC Jeweller Ltd have delivered strong long-term returns, and the stock remains focused now, as the company has posted strong results for the quarter ended March 2026. The company has posted a consolidated net profit of Rs 152.9 crore in the January-March quarter, an increase of 61.3 per cent year-on-year from Rs 94.8 crore in the same quarter a year ago. The operating income of the company increased 32.7 per cent to Rs 927.3 crore in the March quarter from Rs 699 crore in the same quarter last year. According to the information shared with exchanges, the…

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28

May

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Business

Railway passengers alert: Snacks to cost more at Central Railway stations from June 1 – Check details | Markets

New Delhi: The impact of rising oil and gas prices will now be clearly visible at railway stations as well. The Central Railway of Indian Railways has approved the increase in the prices of food items sold at the stations. The Central Railway informed that the new prices of food items available at the railway stations will be applicable from June 1, 2026. According to the information received, the Central Railway had approved the increase in food prices on Monday. The Railways have also released a new list of 33 items with new and revised rates. Apart from this, there…

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28

May

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Business

Annapurna Yojana: Rs 3,000 will be credited per month to women’s accounts from June 1, find out who will benefit? | Personal-finance

New Delhi: The Suvendu Adhikari-led West Bengal government has announced a major financial assistance scheme for women. Under the state government's new Annapurna scheme, eligible women will receive a monthly financial assistance of Rs 3,000 directly into their bank accounts. The scheme will be effective June 1, 2026. The government states that the scheme aims to empower women financially and provide relief from household expenses. According to the government notification, women aged 25 to 60 will be eligible for this scheme. However, women in government jobs, pensioners, and income tax payers will be able to eligible for this scheme. The Rs…

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