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West Bengal Budget: Govt announces 4% DA hike, increase in Lakshmir Bhandar scheme by Rs 500 – Check details
05
Feb
By The Press Editor
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Business

West Bengal Budget: Govt announces 4% DA hike, increase in Lakshmir Bhandar scheme by Rs 500 – Check details

The dearness allowance for state government employees has been increased by 4 per cent, and the monthly allowance of ASHA and Anganwadi workers has been hiked by Rs 1,000. Kolkata: The West Bengal government on Thursday tabled a Rs 4.06 lakh crore interim budget in the state assembly for the 2026-27 financial year. Tabling the budget of Rs 4.06 lakh crore for the 2026-27 fiscal, state Finance Minister Chandrima Bhattacharya proposed to hike the monthly grant in the 'Lakshmir Bhandar' scheme by Rs 500 from February this year. Under this scheme, the SC/ST women of the this state have been…
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India, US likely to sign joint statement on bilateral trade deal in 4-5 days, says Piyush Goyal
05
Feb
By The Press Editor
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Business

India, US likely to sign joint statement on bilateral trade deal in 4-5 days, says Piyush Goyal

Commerce and Industry Minister Piyush Goyal told reporters that a legal agreement for the first tranche of the pact is expected to be signed by mid-March. New Delhi: India and the US are expected to finalise and sign a joint statement on the first tranche of the bilateral trade agreement in 4-5 days, Commerce and Industry Minister Piyush Goyal said on Thursday. After the joint statement is signed, the US will come out with an executive order on reducing tariffs on India to 18 per cent. At present, Indian goods attract a 25 per cent reciprocal tariff and a 25…
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Quarterly results: FMCG stock begins trading session in green PAT rises 42% in third quarter, check details
05
Feb
By The Press Editor
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Business

Quarterly results: FMCG stock begins trading session in green PAT rises 42% in third quarter, check details

The stock's 14-day relative strength index (RSI) is 55.52. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued. Mumbai: Shares of rice exporter GRM Overseas, which has a diversified product portfolio including rice, spices and other food products, are in focus as the company has reported its financial results for the third quarter of the FY26. Following this update, the stock opened gap up with a gain of 2.47 per cent at Rs 170 against the previous close of Rs 165.90 on the BSE. However, it dipped amid…
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10% upper circuit: Stock under Rs 200 surges ahead of quarterly results, check details
05
Feb
By The Press Editor
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Business

10% upper circuit: Stock under Rs 200 surges ahead of quarterly results, check details

The stock's 14-day relative strength index (RSI) is 53.64. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued. Mumbai: Shares of education sector company Shanti Educational Initiatives Ltd. are on investors' radar on Thursday, i.e. on February 5, 2025. Despite widespread selloff in the benchmark indices, the stock has gained around 10 per cent to Rs 174 to hit an upper circuit. The market cap of the company stood at Rs 2,801.40 crore. The action in the stock comes even as stock markets declined. After starting the trade…
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BSE-listed stock hits upper circuit even as Sensex drops nearly 500 points, check details
05
Feb
By The Press Editor
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Business

BSE-listed stock hits upper circuit even as Sensex drops nearly 500 points, check details

The stock's 14-day relative strength index (RSI) is 31.88. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued. Mumbai: Shares of BSE-listed company Spice Lounge Food Works are in action even as stock markets declined on Thursday, a day after Indian equity markets ended the session on February 4, 2026, on a volatile yet positive note. After starting the trade on a bearish note, the 30-share BSE Sensex further dropped 486.89 points or 0.58 per cent to 83,330.80. The 50-share NSE Nifty declined 160.10 points or 0.62 per…
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Gold drops Rs 4,591, silver down by 9.6% on the MCX | Check city-wise rates
05
Feb
By The Press Editor
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Business

Gold drops Rs 4,591, silver down by 9.6% on the MCX | Check city-wise rates

Gold Price Today, Gold MCX Rate: In the international market, the COMEX gold price was down by 1.15 per cent to approximately USD 4,894 per troy ounce. The spot gold price at 10:30 am was USD 4,863.06 per ounce, up by USD 61.81 or 1.25 per cent. Mumbai: In the international market, the COMEX gold price was down by 1.15 per cent to approximately USD 4,894 per troy ounce. The spot gold price at 10:30 am was USD 4,863.06 per ounce, up by USD 61.81 or 1.25 per cent.ย 
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Market Opening Bell: Sensex, Nifty open in red amid weak global cues, IT stocks under pressure
05
Feb
By The Press Editor
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Business

Market Opening Bell: Sensex, Nifty open in red amid weak global cues, IT stocks under pressure

Sensex, Nifty Today: Gift Nifty, an early indicator for the Nifty 50, indicated a flat to positive start as it opened with a gain of 31.5 points at 25,869, compared to the previous close of 25,837.50. Mumbai: A day after witnessing volatility rally, Indian equity benchmark indices, the Sensex and Nifty, opened in the red on Thursday, February 5, 2026, amid weak global cues. While the 30-share BSE Sensex dipped 20.1 points to start the session at 83,757.54, the Nifty fell 20.1 points to open at 25,755.90. In the last trading session, the Sensex closed at 83,817.69 and the Nifty…
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Infra stock below Rs 100 trades in green as company plans to debut on NSE, check full details
04
Feb
By The Press Editor
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Business

Infra stock below Rs 100 trades in green as company plans to debut on NSE, check full details

The stock's 14-day relative strength index (RSI) is 46.94. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued. Mumbai: Shares of renewable energy player RDB Infrastructure and Power are on investors' radar today as the company has officially announced its intention to pursue a direct listing of its equity shares on the National Stock Exchange of India Limited (NSE). The stock started the trading session in green at Rs 65.38 against the previous close of Rs 64.18 on the BSE. The stock later gained to touch the high…
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Brandman Retail IPO now open for subscription: Check latest GMP, price band, lot size and other details
04
Feb
By The Press Editor
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Business

Brandman Retail IPO now open for subscription: Check latest GMP, price band, lot size and other details

Brandman Retail IPO: According to Investorgain, Brandman Retail 's unlisted shares are trading at a grey market premium (GMP) of Rs 15. Mumbai: The initial public offer of Brandman Retail, a retail and distribution platform for premium international brands, is now open for subscription. The three-day subscription window for the Rs 86.08-crore IPO, which opened today, will conclude on February 6. According to the information available, the company's shares will be listed on the NSE's Emerge platform. Ahead of the IPO, the company collected Rs 24.5 crore from anchor investors. City-based company has allocated 13.92 lakh equity shares to six…
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