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Varanasi–Ranchi Vande Bharat train stuck for hours after technical snag in Bihar
SASARAM, June 20, 2026, 00:35 (IST) Varanasi–Ranchi Vande Bharat Express stalled for over four hours Friday after what locals called an engine problem, stranding passengers in the heat between Shivsagar and Kumhau stations. By 9 p.m., railway technicians were still working on the train and had not fixed the issue. Train 20888 was halted near two stations due to technical issues, Railway Protection Force inspector Rajiv Ranjan said. Officials tried to fix the issue as the driver stopped the train and notified railway control before the technical team arrived, according to the report.
Gold Price Heads for Third Weekly Loss as Hawkish Fed and Strong Dollar Weigh
NEW YORK, June 19, 2026, 14:03 EDT Gold extended its retreat on Friday, heading for a third weekly loss after the Fed’s tougher inflation stance lifted the dollar and rate-hike bets. Spot gold was down 0.9% at $4,169.44 an ounce by 1306 GMT, after touching $4,119.78, while U.S. futures fell 1.4% to $4,186.50. Silver, platinum and palladium also headed for weekly declines. “Higher-for-longer Fed expectations are toxic for non-yielding assets,” said Nikos Tzabouras, senior market analyst at Tradu.com.
Jio Platforms files for $3.8 billion IPO as Reliance eyes energy transition
MUMBAI, June 19, 2026, 22:44 (IST) Jio Platforms on Friday filed draft papers with the Securities and Exchange Board of India for an offering of up to 270 million new shares, kicking off the formal IPO process. Reuters, citing three people familiar with the situation, said the deal could bring in about ₹360 billion ($3.81 billion), making it the biggest IPO in Indian history. (Securities and Exchange Board of India) Jio’s draft red herring prospectus doesn’t set a price, valuation, or IPO date. That gap is front and center as the company tries to get a stand-alone value for Reliance’s
MTAR Technologies touches ₹8,714, trims gain to 0.83%
HYDERABAD, June 19, 2026, 21:37 IST MTAR Technologies Ltd jumped as much as 4.9% to ₹8,714 on Friday and ended the session up 0.83% at ₹8,374.50. The stock bucked the trend, with the Nifty 50 sliding 0.64% to close at 24,013.10. (Moneycontrol) MTAR is up about 17% since the June 12 close, but shares closed nearly 4% off Friday’s intraday high. Momentum is strong, but so is the pressure from sellers at these levels. (Investing.com) MTAR’s big May orders—one for $238.76 million and another at $48.68 million—are still being digested by investors. The total is about $287 million, which is
New India Assurance stock climbs 13% with buyers in NSE IPO
Mumbai, June 19, 2026, 20:38 IST Shares of New India Assurance Co. Ltd. jumped 13.2% to ₹202.31 on Friday after the National Stock Exchange filed for its long-awaited IPO. The stock was one of the top gainers in the session. (The Economic Times) The main focus is what NIACL’s NSE stake is worth, not its insurance business. NSE has set up a pure offer for sale—existing shareholders will sell around 148.9 million shares, about 6% of the company. The exchange itself won’t raise new funds in this OFS. (Reuters) NIACL moved in a ₹179.41 to ₹206.60 range during the day.
HDFC Bank drops 2.4% on ex-dividend date, chairman pick still in spotlight
Mumbai, June 19, 2026, 19:35 IST HDFC Bank shares fell Friday, closing at ₹780 on the BSE, down 2.32%. Investors looked past a three-month extension for interim Chairman Keki Mistry and focused on an ex-dividend move. The Sensex fell 0.78%. (MarketWatch) Headline losses look bigger than what actually happened. After the ₹13 dividend is taken out from Thursday’s ₹799 NSE close, the ex-dividend reference price is ₹786. Friday’s close is about 0.8% lower than that. The Nifty 50 dropped 0.64% Friday, but managed a gain of about 1.7% for the week.
Bharti Airtel Gains 1.9% on Jio IPO Valuation Talk
MUMBAI, June 19, 2026, 18:40 (IST) Bharti Airtel shares traded higher Friday after Jio Platforms filed its draft red herring prospectus for an IPO. The stock was up over 2% intraday after Reliance’s Mukesh Ambani said the DRHP had been filed. (The Economic Times) This wasn’t driven by a quick shift in Airtel’s earnings. The change had more to do with a new way of valuing the stock. Once Jio is listed apart from Reliance Industries, investors get a clearer side-by-side look at Jio and Airtel as standalone telecoms. That puts both up for direct comparison instead of Jio getting
Bezos says AI will create labour shortage, but job-cut data tests optimism
PARIS, June 19, 2026, 14:14 CEST PARIS, June 19 (Reuters-style) – Jeff Bezos used a Paris technology conference to reject fears that artificial intelligence will wipe out jobs, arguing instead that the technology will create so much new work that companies may struggle to find enough people. “I totally disagree with this point of view,” Bezos said of concerns that AI will make humans redundant. “I think, in fact, AI is going to create a labour shortage,” he told VivaTech, where he appeared alongside Blue Origin CEO Dave Limp.
India LPG e-KYC Deadline Puts 50,000 Agra Subsidies at Risk as Mathura Presses PNG Switch
NEW DELHI, June 19, 2026, 16:37 (IST) About 50,000 domestic liquefied petroleum gas connections in Agra face a break in subsidy payments after June 30 unless users complete Aadhaar-linked e-KYC, while 1,149 families in neighbouring Mathura have been warned that cylinder supply may be stopped if they do not shift to piped gas, local reports said. (Amar Ujala) The two moves are arriving together, but they do different jobs.
Tata Capital at Record; Emkay Sticks to ₹390 Target
Mumbai, June 19, 2026, 15:49 (IST) Tata Capital Ltd jumped to a post-listing high on Friday, with shares ending up ₹34.50 at ₹379.95. The move came as traders reacted to a positive report from Emkay Global and looked at Tata Capital’s expansion and funding strategy. The stock closed right at its day’s peak. (Google) The move was notable as the market sagged. The Nifty 50 dropped 0.64%, and the Sensex ended down 0.78%. Bajaj Finance rose 0.64%. Shriram Finance fell 0.17%. The gap hints at stock-focused demand instead of a non-bank lender rally. (Google) Emkay’s ₹390 target now sits just



















