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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.

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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.

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

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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

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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.