Business

16

Mar

By The Press Editor

0 Comments

Business

Gold falls to Rs 1.56 lakh per 10 grams, silver drops 2.29% on MCX, check key levels to watch

Mumbai: Rates of precious metals in futures continued to trade lower on Monday, March 16, 2026 as investors closely track geopolitical developments in West Asia. The gold April 2 contract on the Multi Commodity Exchange (MCX) opened with a dip of Rs 1,119 or 0.70 per cent at Rs 1,57,347 per 10 grams against the previous close of Rs 1,61,634. It later fell to touch the low of Rs 1,56,254, a dip of Rs 2,211 or 1.39 per cent. Last seen, it was trading at Rs 1,56,423 with a fall of Rs 2,04 or 1.29 per cent. On the MCX,…

Read More

16

Mar

By The Press Editor

0 Comments

Business

IDBI Bank share price: Stock tanks over 15% amid reports that govt may scrap strategic sale

Mumbai: Shares of IDBI Bank tumbled over 15 per cent on Monday, March 16, 2026, amid reports that the government may scrap the strategic sale as the financial bids put in by potential buyers were below the reserve price. The stock opened gap down at Rs 78.05, representing a fall of 15.35 per cent from the previous close of Rs 92.20 on the BSE. The sudden drop also comes amid a spurt in trading volume by more than 2.92 times. Last seen, the stock was trading at Rs 79.20 with a fall of 14.10 per cent, and the market cap…

Read More

16

Mar

By The Press Editor

0 Comments

Business

FASTag annual pass price hike: NHAI increases fee, users to pay more from April 1 – Full details here

New Delhi: The National Highways Authority of India (NHAI) has increased the rate of its annual pass. The facility, which was launched on August 15, 2025, aims to provide financial relief to commuters using national highways. The FASTag Annual Pass crossed a milestone of 50 lakh users in the month of February, according to the data shared by the Ministry of Road Transport and Highways (MoRTH). The data said that over 26.55 crore transactions were recorded within six months of the launch. FASTag annual pass price hike The NHAI has increased the annual pass fee by Rs 75 to Rs…

Read More

13

Mar

By The Press Editor

0 Comments

Business

Gurugram’s luxury home market booms, enters a multi-corridor growth phase

Gurugram: It is becoming difficult to ignore what is happening in Gurugram’s upper end of the housing market. Transactions in the Rs 10-crore-plus category have been stacking up at a pace that, until recently, was almost exclusively associated with Mumbai. Industry estimates suggest that in 2025 alone, high-value residential sales in the city crossed Rs 24,000 crore. For a market that was once seen largely as a satellite to Delhi’s residential demand, that number carries a certain quiet disruption. What is equally notable is that the demand is not concentrated in one or two prestige addresses anymore. The familiar spine…

Read More

13

Mar

By The Press Editor

0 Comments

Business

Guwahati to Silchar in 5 hours: Here’s how corridor will boost connectivity in Northeast region | Explained

New Delhi: Prime Minister Narendra Modi is all set to lay the foundation stone for the Shillong-Silchar Corridor, the first access-controlled greenfield four-lane high-speed corridor in North-East India. The project will traverse through the difficult terrain of the Northeast region and aims to enhance connectivity between the bustling cities of Guwahati and Silchar. The Union Cabinet had approved the construction of the 4-lane high-speed corridor along National Highway-6 from Mawlyngkhung near Shillong in Meghalaya to Panchgram near Silchar in Assam. The project will be built on Hybrid Annuity Mode as an access-controlled greenfield high-speed corridor. Cost of Shillong-Silchar Corridor The…

Read More

13

Mar

By The Press Editor

0 Comments

Business

Centre says there’s no need for panic booking of LPG, rules out crisis

New Delhi: The government on Friday flagged concerns about liquefied petroleum gas (LPG) supply amid conflict in West Asia, but said that the supply of PNG (Piped Natural Gas) and CNG (Compressed Natural Gas) to domestic consumers is being ensured without any interruptions or cuts. Addressing a press briefing, Sujata Sharma, Joint Secretary (Marketing & Oil Refinery), Ministry of Petroleum & Natural Gas, said that hospitals and hostels are being prioritised for LPG supplies, and LPG production in the country has been increased by 40 per cent compared to March 5, 2026. Additionally, the government has released 48,000 kiloliters (approximately 48 million litres)…

Read More

13

Mar

By The Press Editor

0 Comments

Business

Infra stock below Rs 50 in focus after bagging contract from NHAI, check share price and other details

Mumbai: Shares of infra-to-energy player Hazoor Multi Projects Ltd (HMPL) are in focus after bagging a contract from NHAI and started the trading session flat, even as benchmark indices Sensex and Nifty dropped over 1 per cent during intra-day trade on Friday, dragged by intensifying conflict in West Asia and surging oil prices. The counter opened at Rs 28.80 and gained to touch the high of Rs 29.49, representing a gain of 2.4 per cent from the previous close of Rs 28.80. However, it later fell 8.89 per cent amid profit booking to touch the intraday low of Rs 26.24.…

Read More

13

Mar

By The Press Editor

0 Comments

Business

Gold extends losses on MCX, silver drops over 2% as oil price surges | Check city-wise rates

Mumbai: Rates of precious metals in futures edged lower on Friday, March 13, 2026, as surging oil prices heightened inflationary risks and reduced the likelihood of interest rate cuts by the US Federal Reserve. The gold April 2 contract on the Multi Commodity Exchange (MCX) opened with a dip of Rs 20 at Rs 1,60,251 per 10 grams against the previous close of Rs 1,60,401. It later fell to touch the low of Rs 1,59,533, a dip of Rs 738 or 0.56 per cent. Last seen, it was trading at Rs 1,59,574 with a fall of Rs 697 or 0.43…

Read More

13

Mar

By The Press Editor

0 Comments

Business

Market Opening Bell: Sensex tanks 600 points, Nifty below 23,500 as oil hovers above $100

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened sharply lower on Friday, March 13, 2026, as worries about the US-Israel-Iran war sent oil prices back to USD 100 per barrel and stocks sinking worldwide. While the 30-share BSE Sensex tumbled 590.2 points or 0.77 per cent to start the session at 75,444.22, the Nifty shed 176.65 points to open at 23,462.50. In the last trading session, the Sensex closed at 76,034.42 and the Nifty 50 at 23,639.15. Similarly, the broader indices traded in the red in the opening session. While the BSE Midcap Select Index fell 93.94 points,…

Read More

13

Mar

By The Press Editor

0 Comments

Business

LPG Gas Shortage: Maharashtra govt sets up control rooms, cylinder distribution under police security in Chandigarh

Mumbai: With the US-Israel-Iran war extending to the 14th day and shipments of petroleum products through the Strait of Hormuz being halted, supplies of liquefied petroleum gas (LPG) are tightening across India. However, the government has said that there is no shortage of domestic LPG in the country. Amid this, the Maharashtra government has set up control rooms and district-level committees to ensure an uninterrupted supply of LPG, asserting that there is no shortage of the fuel for domestic consumers. The state has directed officials to spread daily information through radio, FM channels, television and print media to prevent rumours…

Read More