Latest news with #AparnaDeb
News18
10-07-2025
- Business
- News18
Bharat Dynamics, HAL, GRSE Fall Up To 3%: What's Dragging Defence Stocks Today?
Reported By : Last Updated: July 10, 2025, 13:30 IST Defence Stocks Fall (Representational Photo) Why Are Defence Stocks Falling Today? Defence stocks declined in Thursday's trade, with the Nifty India Defence index slipping 1.4 per cent to around 8,739 in morning deals. The dip comes amid concerns around high valuations, easing geopolitical tensions, and profit-booking by investors after a strong rally earlier this year. Among the biggest losers, Bharat Dynamics Ltd (BDL) dropped over 3 per cent to Rs 1,917 after Motilal Oswal Financial Services initiated coverage with a 'Neutral' rating and a target price of Rs 1,900. The brokerage said that while it liked BDL's business model and growth potential, the current valuation appeared fair, prompting a more cautious stance. It added that revenue growth may rebound on the back of emergency procurement orders. Garden Reach Shipbuilders & Engineers (GRSE) also fell more than 3 per cent to Rs 2,890. The stock has already declined nearly 11 per cent over the past month, although it remains up 96 per cent over the last six months. Other defence counters including Data Patterns and Zen Technologies were down over 2 per cent, while HAL, Solar Industries, and Cochin Shipyard also fell more than 2 per cent. Mazagon Dock, BEL, and Paras Defence slipped between 0.6–1 per cent, while BEML traded with marginal losses. Concerns over elevated valuations The defence stocks have been in focus on hopes of higher order inflows, after the Indian military conducted targeted strikes against terrorist outfits in Pakistan under the codename 'Operation Sindoor' in May. As the geopolitical tensions between India and Pakistan eased, the escalations in Russia-Ukraine war continued to support the rally in defence stocks. The rise in tensions between Israel and Iran further boosted the stocks. However, analysts have mixed views regarding the space, with some flagging elevated valuations in these stocks. Easing geopolitical tensions The fall in the defence stocks also comes on the back of overall easing geopolitical tensions. US President Donald Trump had hinted at a possible Gaza ceasefire deal between Israel and Hamas this week. This comes amid Israeli Prime Minister Benjamin Netanyahu's visit to US. Earlier, the easing tensions between Iran and Israel after significant escalations in the oil-rich middle east, had pushed down the stocks. Swipe Left For Next Video View all Profit booking after record rally Defence stocks may have also dropped as investors booked profits at elevated levels. The stocks have seen significant surge in 2025 so far. BDL shares have gained over 69 per cent this year, while those of jumped 75 per cent. HAL shares are up 19 per cent while Mazagon Dock Shipbuilders shares are up nearly 46 per cent. Aparna Deb Aparna Deb is a Subeditor and writes for the business vertical of She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a... Read More Aparna Deb is a Subeditor and writes for the business vertical of She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a... Read More Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. view comments News business » markets Bharat Dynamics, HAL, GRSE Fall Up To 3%: What's Dragging Defence Stocks Today? Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
News18
25-06-2025
- Business
- News18
IRCTC Shares Rise 2% As Indian Railways Plans First Major Fare Hike Since Covid, Effective July 1
Reported By : Last Updated: June 25, 2025, 10:12 IST IRCTC Share Price Today IRCTC Share Price: IRCTC shares climbed over 2% on Wednesday following reports that Indian Railways will implement a nationwide passenger fare hike from July 1, 2025, marking the first such increase since the COVID-19 pandemic. For non-AC coaches, fares will increase by 1 paise per kilometre, while AC classes will see a rise of 2 paise per kilometre. However, there will be no change in fares for suburban trains and ordinary second-class travel for distances up to 500 kilometres. For second-class journeys exceeding 500 kilometres, the hike will be minimal, only 0.5 paise per kilometre. Additionally, monthly season tickets (MSTs) will remain unaffected, providing relief to daily commuters, according to reports. Aadhaar Verification Becomes Mandatory for Tatkal Tickets Alongside the fare revision, Indian Railways is tightening rules for Tatkal ticket bookings. Starting July 1, 2025, only passengers who have completed Aadhaar verification will be allowed to book Tatkal tickets via the IRCTC website or mobile app. Further, from July 15, 2025, an OTP-based Aadhaar authentication will become mandatory during the Tatkal booking process. This move aims to increase transparency and reduce fraudulent bookings. New Booking Restrictions for Agents In a bid to ensure that genuine travellers get priority access to Tatkal tickets, Indian Railways has introduced new restrictions for authorised booking agents. Under the revised rules: Swipe Left For Next Video View all For AC class Tatkal tickets, agents will be blocked from booking between 10:00 AM and 10:30 AM. For non-AC Tatkal tickets, bookings will be restricted between 11:00 AM and 11:30 AM. The Ministry of Railways stated that these measures aim to prevent misuse and ensure the benefits of schemes like Tatkal reach common passengers. Both CRIS and IRCTC have been instructed to update their systems and inform all zonal offices accordingly. Aparna Deb Aparna Deb is a Subeditor and writes for the business vertical of She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a... Read More Aparna Deb is a Subeditor and writes for the business vertical of She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a... Read More Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. News business » markets IRCTC Shares Rise 2% As Indian Railways Plans First Major Fare Hike Since Covid, Effective July 1
News18
23-06-2025
- Business
- News18
Stock Market Updates: Sensex Tanks Over 700 Points, Nifty Below 24,950 Mark In Pre-Open
Last Updated: Indian benchmark indices Sensex and Nifty are expected to open on a cautious note today Sensex Today: Indian benchmark indices Sensex and Nifty are expected to open on a cautious note today, as a sharp rise in crude oil prices and escalating geopolitical tensions weigh on investor sentiment. The situation intensified after the United States directly entered the Israel-Iran conflict with strikes on Iranian nuclear facilities, sparking fears of a broader regional war and unsettling global markets. Adding to the pressure, mixed global cues and institutional fund flows are likely to influence market direction in today's session. As of 8:20 AM, GIFT Nifty futures were trading 112 points lower at 25,111, indicating a gap-down start for domestic equities. Global Cues Asia-Pacific markets tumbled on Monday following the US airstrikes on three Iranian nuclear sites, which raised the spectre of a wider conflict in the Middle East and drove oil prices higher. Brent crude rose 2.62% to $79.06 per barrel, while West Texas Intermediate (WTI) gained 2.75% to $75.89 per barrel. Oil prices have been on an upward trend in recent weeks due to rising geopolitical instability in the region. Gold also surged amid the uncertainty, jumping 2.95% to $3,379.60 per ounce as investors flocked to safe-haven assets. In equities, Japan's Nikkei dropped 0.74%, while the broader Topix fell 0.64%. South Korea's Kospi lost 1.22%, and Australia's ASX 200 declined 0.76%. US stock futures retreated during early Asian trading hours. Dow Jones futures were down 0.3%, while S&P 500 and Nasdaq 100 futures slipped 0.3% and 0.4%, respectively. On Wall Street last Friday, two of the three major indices closed in the red. The S&P 500 shed 0.22%, marking its third consecutive loss, and the Nasdaq Composite dropped 0.51%. The Dow Jones Industrial Average, however, inched up by 0.08%. About the Author Aparna Deb Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. First Published: News business » markets Stock Market Updates: Sensex Tanks Over 700 Points, Nifty Below 24,950 Mark In Pre-Open
News18
05-06-2025
- Business
- News18
Bank Holiday Tomorrow: Will Banks Remain Closed On June 6 Or 7 In Your City? Check List
Last Updated: National Holiday On June 6: Banks across several parts of India will remain closed for two days this week in observance of Eid-ul-Ad'ha Bank Holiday June 6: Banks across several parts of India will remain closed for two days this week in observance of Eid-ul-Ad'ha (Bakrid) and Bakri ID (Id-Uz-Zuha). As per the Reserve Bank of India (RBI)'s holiday calendar, public sector and private sector banks will be closed on June 6 and June 7. Additionally, banks nationwide will remain shut on Sunday, June 8, due to the regular weekly holiday. Customers and account holders are encouraged to check the RBI's holiday calendar regularly, as bank holidays in India vary by state and are influenced by national, regional, and religious festivals. Some holidays are nationwide, while others are specific to certain states. June 2025 Bank Holiday Schedule June 6 (Friday): Banks in Thiruvananthapuram and Kochi will be closed to mark Bakrid, an Islamic festival commemorating Prophet Ibrahim's devotion and willingness to sacrifice his son. June 7 (Saturday): Most banks across the country will remain closed for Bakrid, except in Ahmedabad, Gangtok, Itanagar, Kochi, and Thiruvananthapuram. These cities will have normal banking operations since it's the first Saturday of the month (only second and fourth Saturdays are bank holidays). June 8 (Sunday): Nationwide bank holiday as part of the regular Sunday closure. top videos View All Are online banking services available? Yes, online banking services will be fully functional on these days. Customers can carry out financial transactions using UPI, internet banking, and mobile banking services. Facilities like money transfers (NEFT/RTGS), demand drafts, cheque book requests, and card services will remain accessible online, even on these bank holidays. About the Author Aparna Deb First Published: June 05, 2025, 10:13 IST Latest News iPhone 17 Display Upgrades Could Miss Out On This Useful Feature: How It Matters Tech Agency feeds HC-CASES Agency feeds Rupee falls 9 paise to 85.96 against US dollar in early trade Agency feeds Man kills wife in Thane, absconds; police launch probe Agency feeds Sunny morning in Delhi, rain likely latest news
News18
04-06-2025
- Business
- News18
ITR E-Filing FY2024-25: ITR-1 And ITR-4 Enabled For Online Filing; Check Who Can File?
Last Updated: The Income Tax Department has activated the online utility for e-filing income tax returns for the financial year 2024-25 The deadline to file ITR is September 15, 2025. Income Tax Return Online Filing 2025: The Income Tax Department has activated the online utility for e-filing income tax returns for the financial year 2024-25 (assessment year 2025-26). Eligible taxpayers can now start filing their ITRs through the official e-filing portal. Currently, only ITR-1 and ITR-4 forms are enabled for online filing. Taxpayers needing to file ITR-2 or ITR-3 must wait until those forms are enabled. Choosing the correct ITR form is crucial for compliance and avoiding penalties. ITR-1 (Sahaj) Can be filed by a resident individual whose: Total income is up to ₹50 lakh. Income is from salary, one house property, family pension, and other sources (including interest income). Long-term capital gains (LTCG) up to ₹1.25 lakh under Section 112A. Agricultural income up to ₹5,000. ITR-4 (Sugam) For resident individuals, HUFs, and firms (other than LLP) with: Total income up to ₹50 lakh. Income from business/profession under presumptive taxation (Sections 44AD, 44ADA, or 44AE). Income from salary/pension, one house property, agricultural income up to ₹5,000. LTCG up to ₹1.25 lakh under Section 112A. When Will You Receive Form 16? Form 16 is vital for salaried taxpayers. Employers must issue it by June 15, 2025. While e-filing has begun, tax experts recommend waiting for Form 16 before filing. How to File ITR Online: Step-by-Step Though online e-filing is expected to open soon, here's the general process: Visit the e-filing portal and log in using PAN (User ID) and password. New users can register with PAN, Aadhaar, and contact details. Choose the Correct ITR Form Select the appropriate form (e.g., ITR-1 for salaried individuals). Go to the 'Income Tax Return' option under the e-File tab. Pre-fill and Validate Upload Documents Typically, documents like Form 16 are not uploaded but should be used to verify accuracy. Submit and Verify Complete filing and e-verify using Aadhaar OTP, net banking, DSC, or bank account EVC. About the Author Aparna Deb Aparna Deb is a Subeditor and writes for the business vertical of She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, More Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated! First Published:
