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NEET paper leak, OSM to be key focus of INDIA bloc meeting

Upcoming INDIA bloc meeting to focus on NEET paper leak, CBSE controversies, and joint campaign against BJP for 2029 elections, amid internal issues.

Delhi orders month-long fire safety crackdown after Hauz Rani tragedy

Joint teams of district officials, police, civic authorities and fire personnel will begin inspections from June 4.

‘Anybody can join’: CJP, in first presser, invites students, youth to take part in protest | Key demands

The press conference, held at the Constitution Club of India, also introduced the party’s newly appointed spokespersons.

Trinamool leader Jay Prakash Majumdar arrested for illegally occupying a house over year

Jay Prakash Majumdar, the state vice president of Trinamool Congress, joined the party in 2022 after he was suspended from BJP for publicly criticising the party for their defeat in 2021 assembly election.

CPI(M) leader in Thiruvananthapuram joins BJP

ED summons TMC MP Abhishek Banerjee in teacher recruitment scam; asked to appear on June 15

Trinamool Congress MP Abhishek Banerjee has been summoned by the Enforcement Directorate to appear on June 15. The agency is investigating alleged irregularities and money laundering in the recruitment of primary teachers in West Bengal. Banerjee is expected to join the ongoing probe into the scam.

Ministers, ambassadors, artists to join The Hindu’s Huddle in June

This edition will discuss topics such as role of regional parties in strengthening India’s democracy, diplomacy in times of conflict, women’s representation in Parliament, and India and China’s role in shaping a new global order

K.T. Jaleel, wife join CPI(M), calls it ‘stand against communal forces’

Jaleel says he will remain ‘grateful’ to CPI(M) for making him MLA for four terms and a Minister for five years ‘without begging anyone or seeking recommendations’

Shimla advocates' road blockade triggers congestion, commuters left stranded

The protest, which led to the disruption of vehicular movement near Chhota Shimla and adjoining areas, has coincided with the ongoing peak tourist season.

Punjab Govt Says Over Rs 84 Crore Spent On Orthopaedic Treatments Under Mukh Mantri Sehat Yojana

Citing data from the State Health Agency (SHA), the government said over Rs 84 crore had been spent on the treatment of bone, joint and trauma-related illnesses

Will join CJP protest on June 6 if Education Minister doesn’t resign: Sonam Wangchuk

Mr. Wangchuk cited broader concerns over the state of education and the implementation of reforms in the country as reasons behind his decision

Jefferies raises Titagarh Rail target price by 23%. Check upside potential and key triggers

Shares of Titagarh Rail Systems gained nearly 3% to hit the day's high of Rs 857 on the BSE on Wednesday after Wall Street major Jefferies raised the target price to Rs 990 from Rs 810, implying an upside of 19% from current market levels.With a Buy rating, the international brokerage raised the target by 23%. Jefferies said Titagarh Rail Systems delivered a stronger-than-expected quarter, and improving execution is likely to drive a re-rating of the stock going forward. The brokerage believes Titagarh is well-positioned to benefit from rising demand for passenger and metro coaches, supported by government-led infrastructure initiatives. It estimates a 44% EPS CAGR over FY26-30 and expects the company's strong order book in the passenger segment to provide healthy earnings visibility.Titagarh delivered 64 coaches in FY26, ahead of Jefferies' estimate of 60 coaches. While this fell short of the management's earlier guidance of 100-120 coaches, the shortfall was largely anticipated due to execution delays in the first half of FY26.Management has reiterated confidence in delivering 200-220 coaches in FY27, compared with Jefferies' estimate of 193 coaches, citing the resolution of initial execution challenges. On the flagship Vande Bharat project, the company expects to deliver two trains in FY27, in line with Jefferies' projections, with the prototype scheduled for supply in the December 2026 quarter.Margins in the March quarter came in significantly ahead of expectations at 19%, compared with Jefferies' estimate of 12%, supported by a sharp increase in execution of the Bengaluru Metro project, which is being executed as a job contract. Management has guided for margins of around 12% in the near term, with a gradual improvement towards 15% as the company advances up the technology value chain.Rail wagon sales declined 29% year-on-year due to supply-side constraints. While Jefferies expects wagon sales to fall a further 5% in FY27, it forecasts a largely stable trajectory over FY27-30, supported by its estimate that Indian Railways' cargo volumes could reach around 3 billion tonnes by FY35, compared with the FY30 target.The company currently has an order book of 6,500 wagons, providing visibility for about 97% of Jefferies' FY27 wagon sales estimates, although visibility beyond FY27 remains limited. Separately, Titagarh has secured 28% capital assistance for its brownfield shipbuilding expansion plans and is evaluating technology partnerships and potential joint ventures with shipyards.The brokerage noted that a recent report by Live Mint indicated Indian Railways is considering an order for 1 lakh wagons, which could significantly improve earnings visibility for wagon manufacturers. The valuation assigns 30x March 2028 estimated EPS to the core business, up from 25x previously, reflecting positive developments around potential wagon orders and the upcoming wheel joint venture, which it values at 2.5x its investment value. Key risks to the outlook include delays in wagon orders or wheel supplies from Indian Railways, as well as weaker-than-expected execution.Titagarh Rail Q4 snapshotTitagarh Rail reported a net profit for the quarter at Rs 53.96 crore, compared to a net loss of Rs 122.4 crore that the company reported last year.Titagarh Rail's revenue in the March quarter declined by 12.9% to Rs 875.4 crore from Rs 1,005.6 crore in the previous year.The company's earnings before interest, tax, depreciation and amortisation (EBITDA) declined 4.4% to Rs 97.3 crore in the March quarter from Rs 96.56 crore last year, while margins stood at 11% from 10% last year. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

IND vs AFG: Siraj's availability hangs in the balance; Nabi on standby for one-off Test

Mohammed Siraj's availability for the Afghanistan Test remains uncertain, with selectors monitoring the pacer's workload after a long IPL season. Jammu & Kashmir seamer Auqib Nabi, one of the six net bowlers, is on standby and will join the squad if Siraj is rested.

Mamata accuses BJP of trying to split TMC, just handful of leaders join sit-in

Mamata Banerjee accused the BJP of trying to split the TMC, amid growing dissent in her party, as her protest drew minimal attendance.

India Appoints Veteran Diplomat Vipul As Next Envoy To Saudi Arabia

Vipul joined the Indian Foreign Service in 1998.

Will join CJP protest in Capital if Pradhan doesn’t resign: Wangchuk

Climate activist Sonam Wangchuk will join the Cockroach Janata Party's protest in Delhi on June 6, demanding the resignation of Education Minister Pradhan.

India joins global cyber elite as Anthropic expands ultra-powerful ‘Mythos’ AI beyond US

Countries in the Five Eyes alliance, including Canada, Australia and New Zealand, will be granted access to Mythos, alongside key European and Asian economies.

Shaheen Afridi joins Wasim, Waqar in elite list; becomes only third Pak captain to ...

Rahul Gandhi lauds unity among Rajasthan Congress chief and CLP leader

Such unity can be model for other States, he says as the two leaders greet him at the airport and jointly offer a bouquet

INDIA bloc to meet on June 8 amid strain

17 Opposition parties likely to join the meeting; all eyes on DMK, given the recent tensions with Congress for switching sides in Tamil Nadu