Business

02

May

By The Press Editor

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Business

Govt Appoints Rohit Jain As RBI Deputy Governor. Everything you need to know about him

New Delhi: The government has appointed Rohit Jain as the new Deputy Governor of the Reserve Bank of India for a period of three years. His appointment has been approved by the Appointments Committee of the Cabinet, and he is expected to take charge on or after May 3. Jain will take over from T Rabi Sankar, whose extended term came to an end recently. Rabi Sankar was first appointed in 2021 and later received extensions in 2024 and 2025 before completing his tenure. Who is Rohit Jain? Rohit Jain is currently serving as an Executive Director at the RBI.…

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02

May

By The Press Editor

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Business

Air India cuts international flights till July amid jet fuel price hike, closure of certain airspace

New Delhi: Air India is all set to cut its international flights till July because of a surge in jet fuel prices and the ongoing airspace restrictions that made several routes unprofitable, said the firm's Chief Executive Officer (CEO) and Managing Director (MD) Campbell Wilson on Friday. In a message to the staff, Wilson said the hike in jet fuel rates and the closure of certain airspace has made the situation extremely difficult for the airlines that is already in losses. This situation has left Air India with no choice but to "further trim schedules for June and July". According…

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30

Apr

By The Press Editor

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Business

India’s senior living sector is estimated to reach USD 14.14 billion by 2031 – What’s behind the rise?

New Delhi: In India, the concept of senior living used to have a narrower outlook based on needs rather than a broader vision. Now the focus is more on proactive living rather than reactive living. The rising number of buyers is now beginning to consider senior living as an important tool of lifestyle planning. In that sense, India is not just accommodating an ageing population anymore; it is beginning to design for it. And that marks a far more structural shift than the market has traditionally acknowledged. Country’s elderly population set to expand sharply The momentum behind senior living in…

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30

Apr

By The Press Editor

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Business

Big relief for credit card users as RBI’s new rule provides 3 days of grace period on bill payment: Details

New Delhi: Credit cards have become a necessity these days, but we often fail to pay our bills on time. For such users, there is now good news. The Reserve Bank of India (RBI) has made a significant change in the rules and has decided to give users the benefit of extra time and lower charges. This means that if you are unable to pay your credit card bill on time, then there is no need to panic. Under the new rules, you will get three extra days to pay, even after the due date, during which the bill can…

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30

Apr

By The Press Editor

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Business

Srinagar-Jammu Vande Bharat Train: Check train number, timings, route and other details

Mumbai: In good news for people of Jammu & Kashmir and tourists, Railway Minister Ashwini Vaishnaw on Thursday flagged off the first Vande Bharat Express between Jammu and Srinagar. This train previously ran only between Shri Mata Vaishno Devi Katra and Srinagar, but has now been extended to Jammu Tawi station due to high passenger demand. Flagging off the train, the Railway Minister said that it is not just a train, but a strong bridge connecting Kashmir with the rest of the country. Vaishnaw was accompanied by the Minister of State in the Prime Minister's Office (PMO), Dr Jitendra Singh,…

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30

Apr

By The Press Editor

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Business

FMCG stock opens in green amid stock market crash following change in management, check details

Mumbai: Despite benchmark indices Sensex and Nifty tumbling amid a sharp spike in crude oil prices, weak global trends and foreign fund outflows, the stock of diversified FMCG company Elitecon International started the trading session in green today. While the 30-share BSE Sensex slumped 821.79 points to 76,674.57 and the 50-share NSE Nifty dived 287.3 points to 23,890.35, the counter opened in green at Rs 38.01, up Rs 0.51 or 1.36 per cent from the previous close of Rs 37.50 on the BSE. It advanced further, hitting the intraday high of Rs 28.28. However, the stock witnessed profit booking at…

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30

Apr

By The Press Editor

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Business

Healthcare stock under Rs 250 in focus amid broader market selling pressure, check details here

Mumbai: Shares of North India-based hospital chain Park Medi World are in focus amid broader market selling pressure. Benchmark indices Sensex and Nifty tumbled today amid a sharp spike in crude oil prices, weak global trends and persistent selling by foreign institutional investors (FIIs). While the 30-share BSE Sensex fell 821.79 points to 76,674.57, the 50-share NSE Nifty tumbled 287.3 points to 23,890.35. Amid this, the counter opened in red at Rs 233.75, down from the previous close of Rs 235.20 on the BSE. However, the stock bounced back and hit an intraday high of Rs 237, representing a gain…

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30

Apr

By The Press Editor

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Business

Market Opening Bell: Sensex tumbles nearly 500, Nifty below 24,000, Bajaj Finance top gainer

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened lower on Wednesday, April 30, 2026, amid weak global cues as Brent crude oil prices continued to climb amid the absence of any breakthrough in US-Iran talks, while the Federal Reserve left interest rates unchanged. While the 30-share BSE Sensex plunged 482.15 points or 0.62 per cent to start the session at 77,014.21, the Nifty fell 180.7 points to open at 23,996.95. In the last trading session, the Sensex closed at  77,496.36 and the Nifty 50 at 24,177.65. Similarly, the broader indices traded in the red in the opening session. While…

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30

Apr

By The Press Editor

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Business

VEDL Share Price: Vedanta trades ex-demerger today, here’s how it will impact shareholders

Mumbai: Shares of Vedanta Ltd are in focus today, trading ex-demerger. After a special price discovery session, the stock fell by more than 62 per cent to Rs 289.5 on the National Stock Exchange (NSE). The stock had closed at Rs 773.6 on Wednesday. On the BSE, the stock's ex-demerger price was set at Rs 290.50, representing a fall of Rs 482.75 or 62.43 per cent from the previous close of Rs 773.25. The stock witnessed selling pressure after touching an intraday high of Rs 291.05, falling to a 52-week low of Rs 271.50. Last seen, the stock was trading at…

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30

Apr

By The Press Editor

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Business

Waaree Energies Share Price: Stock tumbles 10% after quarterly results, check details here

Waaree Energies Share Price: Stock tumbles 10% after quarterly results, check details here

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