Indian Railways Reservation Rules: 5 Things To Know About Waitlisted Tickets

IRCTC waitlisted rules: If the passenger status is marked as WL followed by a number, it means the passenger has a waitlisted status.

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High Oil Prices, Weak Rupee Led To Lower Growth Rate: Finance Ministry

GDP growth rate was 6.3 per cent in second quarter of the previous fiscal while it was 5.6 per cent in the first quarter.

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Infrastructure Growth Slows To 4.8% In October

The growth rate of eight core sectors, however, is more than 4.3 per cent expansion in September.

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Axis Bank Revises Fixed Deposit (FD) Interest Rates; What Other Lenders Pay

Bank fixed deposits (FDs) are fixed-income instruments which assure of specific interest rates for a pre-determined period. The annual returns on bank fixed deposits do not change according to...

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Sebi Allows Exchanges To Start Commodity Trading From 9 AM

The closing time for agriculture commodities has also been extended by 4 hours to 9 p.m., it said.

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Economic Growth Slows To 7.1% In July-September Quarter

Growth is still faster than China's 6.5% in the same quarter, but a come-down from the more than two-year high of 8.2% set in the June quarter.

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Second Quarter GDP Growth "Disappointing", Says Top Government Official

Economy grew a lower-than-expected 7.1% in the quarter on an annualised basis, from a more than two-year high of 8.2 per cent in the previous quarter.

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Rupee Closes At 4-Month High, Rises 27 Paise Against Dollar

The rupee traded firm against the US currency despite a firm dollar overseas, signalling a change in sentiments of forex speculators, analysts said.

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GDP Growth Slows To 7.1% In July-September, Here's What Experts Say

The latest quarter's annual pace was lower than a Reuters poll forecast of 7.4 per cent.

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April-October Fiscal Deficit Stands At 6.49 Lakh Crore Rupees

Net tax receipts in the first seven months of the fiscal year that ends in March 2019 were 6.61 lakh crore rupees, government data showed.

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Cooking Gas Price Cut By Rs 6.52/ Cylinder

LPG price cut by Rs 6.52/ cylinder; non-subsidised rate lowered by Rs 133/ cylinder, says IOC: Press Trust of India

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Economy Grows 7.1% In July-September Against 8.2% In June Quarter

The median consensus in a poll of economists by news agency Reuters had put annual GDP growth at 7.4 per cent in the second quarter.

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Deadline To Link Mobile Number With SBI Internet Banking Ends Today: 5 Points

The deadline for registering State Bank of India (SBI) internet banking with mobile number ends on November 30, 2018 i.e. today. Customers failing to register it will not be able to access the...

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Gold Prices Fall On Weak Global Cues: 5 Things To Know

In Delhi, gold of 99.9 per cent and 99.5 per cent purity fell further by Rs 65 each to Rs 31,475 and Rs 31,325 per 10 gram, respectively.

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Sensex Closes 23 Points Higher, Nifty Settles At 10,876

Share markets on Friday: Top gainers on the 50-scrip index Nifty were Yes Bank, Cipla, Tech Mahindra, Wipro and Dr Reddy's.

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Rupee Hits Fresh 3-Month High On Softening Crude Prices: 10 Points

The rupee hit a fresh three-month high on Friday amid easing crude oil prices, sustained fund flows and a higher opening of domestic stock markets. The rupee traded at 69.595 per dollar after the...

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RBI Extra Capital Should Be Used For State-Run Banks: Arvind Subramanian

RBI is an outlier among major central banks, holding about 28% in capital, which is the fifth-largest among all major central banks, said Subramanian

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Big New Move From PM Modi Soon For Industry Ahead Of 2019 Election

Under the new plan, a company need not purchase land or equipment but could lease them on long-contract basis helping lower costs and cut down time on setting up operations, secretary to the...

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Rupee Climbs 21 Paise To Hit 3-Month High Against Dollar

Rupee Vs Dollar: Increased selling of the American currency by exporters and banks and sustained foreign fund inflows also supported the domestic currency, say forex traders.

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Sensex Gains Over 150 Points, Nifty Hits 10,900

Gaining between 0.82-2.99 per cent, Indiabulls Housing Finance, Zee Entertainment Enterprises, Bajaj Finance, GAIL, and ITC were the top Nifty gainers.

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Air India Debt To Be Transferred To Special Purpose Vehicle: Official

Decision to transfer the Rs 29,000-crore debt to Air India Assets Holding was taken by an inter-ministerial panel, says official.

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Net Stable Funding Ratio Norms To Become Operational From April 2020: RBI

The NSFR is defined as the amount of available stable funding relative to the amount of required stable funding.

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Tax Body Issues Fresh Directive On 'Limited Scrutiny' Assessment Cases

This will allow the tax officials to widen the scope of such probes if they receive "credible" information of tax evasion by assessees.

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AirAsia Group's Operating Profit Halves In Third Quarter On Higher Fuel Prices

AirAsia relies heavily on its home market, where it has been gaining share against Malaysia Airlines, for profitability.

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RBI Relaxes Rules For Shadow Banks To Securitise Loan Books

NBFCs are facing stress on their balance sheets after a debt crisis hit a large infrastructure funding company in September.

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Government Raises Incentives To Small Exporters

The eligible exporters will be able to avail rupee export credit from banks at 5 per cent lower, compared to the earlier 3 per cent, the RBI said.

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'Maharashtra Puts Land Project For Saudi Aramco Refinery On Hold'

Land acquisition has always been a contentious issue in rural area, where a majority of the population depends on farming for their livelihood.

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Rupee Closes At 3-Month High, Rises 77 Paise Against Dollar

INR Vs USD: In a major relief to energy importers like India, oil prices slipped below the $60 per dollar mark as investors fretted over a supply glut.

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Gold Prices Fall For Second Straight Day: 5 Things To Know

In Delhi, gold of 99.9 per cent and 99.5 per cent purity fell further by Rs 20 each to Rs 31,540 and Rs 31,390 per 10 gram, respectively.

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Adani Group To Self-Finance Carmichael Coal Mine In Australia

The announcement of self-funding comes after environmental groups pressured banks in Australia and overseas not to lend money to the project.

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Cannot Reveal Details On Horlicks Pursuit: Hindustan Unilever

The GSK business is likely to fetch less than $4 billion, people close to the deal has told Reuters.

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Crude Futures Drop Below $50 For 1st Time In Over A Year

Oil fell on Thursday, bringing losses for the month so far to 23 per cent, marking its largest one-month fall since the depths of the financial crisis in 2008.

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Economic Growth Seen Slowing Down To 7.4% In September Quarter: Poll

Some economists expect economic growth could slow to around 7 per cent in the second half of the current fiscal year due to state spending cuts, muted rural demand, and the statistical impact of...

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Sensex Closes Above 36,000, Nifty Settles at 10,858

Share markets on Thursday: Top gainers on the 50-scrip index Nifty were Bajaj Finance, Kotak Bank, Bajaj Auto, Hindalco and Mahindra & Mahindra.

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IndiGo Announces New Non-Stop Flights, Tickets Start From Rs 1,999

Customers willing to avail the services can book flight tickets via IndiGo's official website- goindigo.in.

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Rupee Back To 69-Levels Against Dollar, At Three-Month High

Rupee Vs Dollar: At the Interbank Foreign Exchange, the rupee opened on a higher note at 70.15 and then gathered further momentum and touched an intra-day high of 69.88, a level last seen on August...

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After Record Lows, Rupee Set For Best Monthly Run In Years: Report

The turnaround for the worst-hit emerging markets in Asia started earlier in the month when oil prices plunged.

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Federal Reserve Says Rates "Near Neutral", Hints End To Aggressive Hikes

Federal Reserve Chair Jerome Powell injected investors with a strong dose of optimism on Wednesday, saying that the central bank's policy rate is now "just below" estimates of a level that neither...

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Reliance Jio JioPhone 2 Latest Flash Sale: Timings, Price And Other Details

Reliance Jio JioPhone 2 Flash Sale: Customers can also avail a cashback of Rs. 300 using Paytm on purchase of JioPhone 2 during the sale.

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RBI May Now Hike Key Interest Rates Only In April 2019: Survey

The latest poll of 70 economists, taken between November 22-28, predicted the RBI would hold its repo rate at 6.50 per cent at its meeting next week.

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SpiceJet Shares Up On Additional Bank Guarantee To Airport Operator

SpiceJet owes the airport operator Rs 117 crore in unpaid dues for landing, parking and other airport charges, according to media reports.

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Yes Bank Shares Hit Over 2-Year Low On Ratings Cut

Yes Bank shares fell 6.1% to Rs 152.15, their lowest since March 18, 2016, in early trade with more than 3.3 crore shares changing hands by 9:31 am, compared with their 30-day average of 4.9 crore...

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Rupee At 3-Month High As US Top Bank Signals End To Tightening Cycle

Rupee Vs Dollar: The partially convertible rupee was at 70.13 per dollar after touching 70.03 earlier, its strongest level since August 28. It had ended Wednesday at 70.6250.

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IL&FS Initiates Process to Sell Renewable Energy Business

Debt-laden Infrastructure Leasing & Financial Services will invite Expression of Interest proposals from prospective buyers.

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Sensex Rallies 250 Points, Nifty Hits 10,800

The S&P BSE Sensex opened at 35,997.29 and the Nifty50 barometer of the National Stock Exchange (NSE) started at 10,808.70.

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Reserve Bank Not Doing Enough On Liquidity, Says Official

On Tuesday, the RBI stated it will infuse durable liquidity of Rs 40,000 crore through OMO in December.

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State Bank of India Revises FD Interest Rates; What Others Lenders Pay

The fixed deposit accounts which have a lock-in period of five or 10 years also offer income tax benefit under Section 80C of the Income Tax Act.

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GDP Back Series Data Released; FY 2011 Growth Revised To 8.5% From 10.3%

In January 2015, the government had moved to a new base year of 2011-12 from the earlier base year of 2004-05 for national accounts.

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Bitcoin Jumps 10%, On Course For Its Biggest Daily Rise Since April

Bitcoin has lost more than a third of its value in the last two weeks amid heavy selling pressure.

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This Is The Cheapest That Petrol Has Ever Been In This Fiscal In 4 Metros

In the national capital, petrol price fell to Rs 73.57 per litre against Tuesday's level of Rs 74.07 per litre, according to data on the Indian Oil Corp's website.

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Unilever In Pole Position For GSK's Horlicks Business: Report

Last month, Kraft Heinz Co agreed to sell its popular health-drink brands Complan and Glucon-D, to Zydus Wellness Ltd for Rs 4,595 crore.

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Yes Bank Tanks Over 11%, Denies Fund Management Of Promoter Firms

On the National Stock Exchange (NSE), Yes Bank shares settled at Rs 162, with a loss of Rs 20.65 or 11.31 per cent. It hit a 52-week low of Rs 160.30 on the NSE after opening at Rs 180.40.

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Markets Rise For Third Straight Day

The top gainers on the 50-scrip Nifty were Tata Consultancy Services (TCS), Infosys, Reliance Industries, Zee Entertainment and IndusInd Bank, which gained between 5 per cent and 1.9 per cent.

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RBI, Government Tensions To Re-Surface In December 14 Meeting: Report

Ex-RBI officials, including a governor and a deputy governor, said that never before has the board tried to interfere in RBI's regulatory functions.

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Rupee Loses 10 Paise As Dollar, Crude Prices Gain: 10 Points

The rupee lost 10 paise against the US dollar in early trade on Wednesday after the American currency gained against peers overseas and crude oil prices recovered, reported news agency Press Trust of...

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SBI Hikes Fixed Deposit (FD) Interest Rates With Effect From Today

State Bank of India (SBI), the largest lender of the country, hiked its fixed deposit (FD) interest rates on select maturities with effect from today, the lender said on its website sbi.co.in.

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Domestic Shares Downgraded On Uncertainty Around Elections: Poll

With state elections slated over coming months and a general election scheduled for May, domestic shares could remain subdued until the results become clear, according to a November 13-26 poll of 50...

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Rupee Sheds 10 Paise Against Dollar In Early Trade

Rupee Vs Dollar: Besides increased demand of the US currency from importers, the dollar's strength against some currencies overseas weighed on the rupee, say traders.

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Sensex Surges Over 150 Points, Nifty Hits 10,700

Gaining between 1.04 per cent and 1.32 per cent, Zee Entertainment, Hero MotoCorp, Infosys, Cipla and Titan were the top five Nifty gainers.

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GlaxoSmithKline In Talks To Sell Horlicks Unit To Unilever: Report

Unilever beat a bid from Swiss rival Nestle which was also bidding for the unit and looking to expand its portfolio in the powdered hot beverages category, the report added.

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Government To Divest Stake In Air India Ground Handling Subsidiary

An inter-ministerial panel decided on Tuesday to divest the government's 100 per cent stake in Air India Air Transport Services Limited (AIATSL).

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In Talks With Finance Ministry To Improve Export Credit: Suresh Prabhu

Data from various sources indicate a decline in export credit growth in recent months.

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SpiceJet Flight Ticket Bookings To Remain Closed At This Hour

SpiceJet operates an average 446 daily flights to 57 destinations - 49 domestic and 8 international.

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Robust Credit Growth In Economy, Fundamentals Strong: RBI Governor

Citing strong fundamentals, Reserve Bank of India (RBI) Governor Urjit Patel told a group of lawmakers on Tuesday that the impact of demonetisation was "transient" and the economy had registered a...

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IRCTC Services: Top 5 Amenities Offered For Comfort Of Passengers

The amenities are available both in trains as well as at stations to make the travel comfortable and enjoyable, noted Indian Railways.

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Fixed Deposit Interest Rates: Returns Offered By Select Commercial Banks

The fixed deposit accounts which have a lock-in period of five or 10 years also offer income tax benefit under Section 80C of the Income Tax Act.

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Rupee Edges Higher To Close At 70.79 Against Dollar

INR Vs USD: Forex dealers said bullish trend in the equity market as well as easing crude oil prices also supported the rupee's upward movement.

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Gold Prices Remain Steady, Silver Rates Drop: 5 Things To Know

In the national capital, gold of 99.9 per cent and 99.5 per cent purity remained unchanged at Rs 31,850 and Rs 31,700 per 10 gram, respectively.

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Sensex Closes Above 35,500, Nifty Settles At 10,685

The top gainers on the 50-scrip Nifty were Infosys, Bajaj Finserv, TCS, GAIL and BPCL, which gained between 3.1 and 2.4 per cent.

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Post Office Public Provident Fund (PPF): Interest Rates, Other Details

Public Provident Fund (PPF) account offers an investment avenue with decent returns coupled with income tax benefits.

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Urjit Patel Briefs Parliamentary Panel On Notes Ban, RBI Reforms: Report

The RBI Governor appeared before the panel days after the central bank's face-off with the finance ministry.

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"Good, Old" Indian Railways Said This Amid IndiGo's Web Check-In Row

IndiGo, the country's largest airline by market share, said on Monday that it has not changed its web check-in policy under which customers can choose their seats online.

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HSBC Upgrades Domestic Shares To "Neutral On Reasonable Valuations"

With the parliament elections scheduled for 2019, HSBC said it expected equities to gain like in the previous three polls.

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What Oil At $50 A Barrel Means For India, World Economy

Energy slump is a game changer for India and could mean the Reserve Bank of India shifts to a neutral outlook, says Bloomberg Economics.

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Economic Growth In Second Quarter May Slow To 7.5-7.6%: SBI Report

State Bank of India (SBI) estimated the country's economy to expand by 7.5-7.6 per cent, slower than the prior quarter, mainly on account of a slowdown in rural demand.

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Rupee Loses 15 Paise Against Dollar In Early Trade: 10 Things To Know

Breaking a gaining streak of seven consecutive sessions, the rupee weakened by 18 paise to close at 70.87 against the dollar on Monday.

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Rupee Falls 15 Paise After US Suggests Tariff Hike On Chinese Goods

Rupee Vs Dollar: At the interbank forex market, the rupee opened lower at 70.91 and declined further to quote at 71.02, showing a fall of 15 paise over its previous close.

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Apple, Microsoft Shares Close At $814 Billion Market Value

Apple shares fell 1.77 per cent in extended trade after US President Donald Trump told The Wall Street Journal that tariffs could be placed on laptops and mobile phones imported from China.

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Sensex, Nifty Trade In A Range

Gaining between 0.88 per cent and 2.42 per cent, Infosys, Yes Bank, Sun Pharma, Dr Reddy's Laboratories, and Tech Mahindra were the top Nifty gainers.

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Centre To Infuse Rs 42,000 Crore In Debt-Laden State-Run Banks By March

The Rs 42,000 crore capital infusion is part of the Rs 2.11 lakh crore, two-year, front-loaded bank recapitalisation plan announced by the government in October 2017 to support credit growth.

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Facebook's Sheryl Sandberg Is Tainted By Crisis After Crisis

Ever since the 2016 presidential election, Chief Executive Officer Mark Zuckerberg has been criticized for his failure to understand the potential downsides of Facebook's products.

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Large Companies Must Borrow 25% In Bonds From April 1: Sebi

The proposal announced in the budget in February was a part of policymakers' efforts to deepen the country's relatively shallow corporate bond market.

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How To Enable, Disable State Bank Of India SMS Alerts Online

State Bank of India (SBI) internet banking customers can turn on or off, and choose among different types of alerts through its SMS alert service. Among other options, SBI customers can switch on or...

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Fixed Deposit (FD) Interest Rates: Here's What Banks Offer

Earlier this month, private sector bank HDFC Bank also revised their interest rates on fixed deposit .

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Rupee Closes Lower Against Dollar After 7 Days Of Gain

Breaking a winning streak of seven consecutive sessions, the rupee weakened by 18 paise to close at 70.87 against the dollar on Monday, news agency Press Trust of India reported. Monday's move in the...

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Gold Breaks 2-Day Fall, Recovers By 100 Rupees: 5 Things To Know

Gold prices today: In the international market, gold was trading at $ 1,224.30 an ounce and silver was at $14.21 an ounce.

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All You Need To Know About IRCTC Saloon Coach (In Pictures)

Indian Railways saloon coach is just like a "moving house" having two exclusive air-conditioned bedrooms and a large living cum dining room.

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Fiscal Deficit Target For 2018-18 Set To Be Missed, Says India Ratings

"The pressure on government finances is mainly arising from the revenue side, particularly from indirect taxes and non-tax revenue," India Rating analysts said.

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Sensex Ends 373 Points Higher, Nifty Reclaims 10,600

Share markets on Monday: Top gainers on the 50-scrip index Nifty were HeroMotoCorp, Hindustan Unilever, Wipro, ASian Paints and HCL Tech.

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IndiGo Denies Change In Web Check-In Rules

Low-cost carrier IndiGo, which on Sunday said that all seats under its web check-in policy will be chargeable, denied levying any such fee on Monday.

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Jet Airways Appoints Robin Kamark As Nominee Director Of Etihad

Robin Kamark, who has spent 17 years at Scandinavian Airlines System, will replace Harsh Mohan as nominee director, Jet said. Jet is 24 per cent owned by Etihad Airways.

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"Reviewing This Fees", Says Centre, On Airlines Charging For Web Check-In

The Ministry of Civil Aviation has noted that airlines are now charging for web check-in for all seats. "We are reviewing this fees to see whether they fall within the unbundled pricing framework," it...

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Jet Airways Offers Domestic Flight Tickets From Rs 1,313

The special fares are applicable on one way journey in economy class on select flight tickets, noted Jet Airways.

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Timeline Of Jet Airways' Turbulent Journey

Tata conglomerate is now likely to be the potential white knight for the debt-laden Jet Airways, but no proposal has been made yet.

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Opinion: India Misses Wake-Up Call From IL&FS Crisis

After IL&FS blew up, the funding market froze, and the credit industry cried mommy, begging the central bank to act as the lender of the last resort.

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Centre Wants to Discuss Governance Issues At Next RBI Board Meet: Report

The proposals to discuss governance at the RBI's December 14 board meeting may further inflame tensions between the finance ministry and central bank.

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Rupee Gains 39 Paise Against Dollar Amid Plunging Crude Prices

Rupee Vs Dollar: The rupee gained 39 paise to 70.30 paise against the US dollar in early trade on Monday.

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Airtel Africa Appoints Eight Global Banks For Initial Public Offering

The company has appointed JP Morgan, Citigroup Inc, BofA Merrill Lynch, Absa Group Limited, Barclays Bank PLC, BNP Paribas, Goldman Sachs International and Standard Bank Group Ltd.

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Sensex Surges Over 150 Points, Nifty Above 10,550

Gaining between 1.99 per cent and 3.91 per cent, Bharti Infratel, Bharti Airtel, Bharat Petroleum, Hindustan Petroleum and Indian Oil Corporation were the top Nifty gainers.

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Reliance Jio Vs Airtel Vs Vodafone: 1.5 GB Per Day Data Plans Compared

Recently, Vodafone, Bharti Airtel, Idea and Mukesh Ambani-owned Reliance Jio have rolled out a host of new prepaid plans to attract customers.

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New PAN Card Rules To Come Into Effect From December 5. Details Here

PAN is an identification number assigned to income tax assessees in the country. It is required for financial transactions such as opening of a bank account and filing of income tax returns (ITR).

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Indian Bank Frauds Up, Will Continue Rising, Says Deloitte

In February, PNB reported the Rs 14,000-crore fraud on it committed by accused diamantaire Nirav Modi and his uncle Mehul Choksi.

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FD Interest Rates: Here's What Public And Private Sector Banks Pay

The fixed deposit accounts which have a lock-in period of five or 10 years also offer income tax benefit under Section 80C of the Income Tax Act.

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10 Things To Know About Post Office Monthly Income Scheme (MIS) Account

Post office monthly income scheme (MIS) accounts can be opened by individuals via cheque or cash.

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Cheque Bounce: Here's How Much Key Banks Charge For Dishonour Of Cheque

Cheque bounce charges stipulated by banks vary depending on factors such as the reason and nature of cheque bounce.

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Fuel Prices Cut By Up To 50 Paise Per Litre In Metros

State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise fuel prices with effect from 6 am on a daily basis.

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IRCTC E-Wallet Service: How To Register, Charges, Features, Other Details

IRCTC e-wallet service can only be availed by users registered with Indian nationality and with Indian mobile number, noted IRCTC.

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Macro Data, Political Concerns To Guide Markets Next Week, Say Experts

Last week, a global equities sell-off and domestic political uncertainty subdued the equity market indices.

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SBI Accounts: Fixed Deposit (FD) Compared To Recurring Deposit (RD)

In n case of Recurring Deposit (RD), customers can deposit the sum every month and earn an interest income on the same, stated SBI.

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'Capital Outflows From Financial Markets Likely To Put Pressure On Rupee'

INR Vs USD: Any further outflow of foreign funds from the Indian equity and bond markets might have an adverse impact on the rupee.

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Up To 10 IL&FS Group Companies To Be Put On Sale, Says Official

The infrastructure finance company, whose board was superseded by the government early last month after it defaulted on payment dues triggering liquidity concerns, had invited EoIs for two of its...

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Jet Airways, IndiGo, Air India Offer Discount On Flight Tickets

Jet Airways, IndiGo and Air India are offering a host of discount offers on domestic and international flight tickets.

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Gold Prices Fall For Second Straight Day: 5 Things To Know

In Delhi, gold of 99.9 per cent and 99.5 per cent purity drifted down by Rs 200 each to Rs 31,750 and Rs 31,600 per 10 grams, respectively.

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This Post Office Saving Scheme Offers 8.7% Interest Rate

Post office senior citizen savings account (SCSS) can be opened by an individual of 60 years or above.

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Indian Railways Auto Upgradation Scheme: Rules And Other Details

Indian Railways' auto upgradation scheme promotes full-fare paying passengers to higher class without any extra charge against the available vacant accommodation. This not only benefits the waitlisted...

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Microsoft Pips Apple To Become Most Valuable US Company

Amazon with $736.6 billion is currently at third and Alphabet (the parent company of Google) with $725.5 billion is at the fourth spot.

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Petrol Price Drops To Rs 75.25 Per Litre In Delhi, Diesel Rate Falls

Brent crude fell $3.13, or 5 per cent, to $59.47 a barrel in intraday trade, after earlier touching $58.41, its lowest since October 2017.

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FD Interest Rates Offered By Commercial Banks, Small Finance Banks

The funds in fixed deposits (FDs) are held for a fixed term and offer assured returns.

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SBI National Pension System: Interest Rates, Tax Benefits, Other Details

An NPS account can be opened by individuals between 18 and 65 years of age, said SBI.

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Jet Airways Announces New International Flights, Fares Start From Rs 11,501

The discounted fares are applicable on return journey in economy class on select international flight tickets, said Jet Airways.

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SpiceJet Launches New Daily Non-Stop Flights. Details Here

SpiceJet's new service will enablethe airline to provide over 2,500 seats per week on the sector.

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Reliance Jio Offers 2,400 Rupees Cashback On Purchase Of This Phone

Under its Rs 299 prepaid recharge plan, Reliance Jio is offering a total of 84 GBs of data with a daily cap of 3 GB data for a period of 28 days.

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Centre Working On Gold Policy, Council: Suresh Prabhu

Arun Jaitley had, in February, announced the government's intent to formulate a comprehensive gold policy in order to develop gold as an asset class.

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"Can't Say Differences With Centre Over": RBI Board Member On 9-Hour Meet

Seven hours out of nine spent on the Reserve Bank of India (RBI) board meeting on Monday were taken up by presentation only, news agency ANI has quoted a board member as saying. "We attended the...

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Foreign Exchange Reserves Rise By $568.9 Million

Forex reserves had touched a record high of $426.028 billion in the week to April 13, 2018.

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Here's A Comparison Of Zero Balance Accounts Offered By Key Banks

Customers get a number of facilities such as free debit and ATM cards and internet banking with BSBD account.

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Looking To Set Up A Term Deposit At Post Office? Compare The Returns Here

India Post offers four types of time deposit and one kind of recurring deposit, which fetch interest rates in the range of 6.9-7.8 per cent, according to its website.

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Crypto Losses Near $700 Billion In Worst Week Since Bubble Burst

The largest cryptocurrency retreated as much as 7.6 per cent on Friday, before paring losses to 4.1 per cent at 4:43 pm in Hong Kong.

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Fixed Deposit Interest Rates For Regular, Senior Citizens

Fixed Deposit Interest Rates: Bank fixed deposits (FDs) are one of the most popular fixed income instruments. Investing in a fixed deposit is secure because the returns on FD are fixed across...

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Gold Prices Fall On Weak Global Cues: 5 Things To Know

In the national capital, gold of 99.9 per cent and 99.5 per cent purity declined by Rs 90 each to Rs 31,950 and Rs 31,800 per 10 grams, respectively.

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Train 18 Likely To Start Operations By December 15: 10 Things To Know

Train 18 is a gleaming, blue-nosed train with a cone-shaped frontage, similar to a bullet train.

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Fuel Prices Cut By Over 40 Paise/Litre In Metros. Check Rates Here

State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise fuel prices with effect from 6 am on a daily basis.

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Crude Oil Prices Slump, Hits Lowest Level Since December 2017

The fall came even as markets expect the OPEC to start withholding supply after a meeting planned for December 6.

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Low Crude Prices To Limit Rise In Current Account Deficit: Report

"The recent decline in oil prices might compress the CAD by around $5 bn-$6 bn from our estimates of $78 bn in current fiscal," said SBI Ecowrap.

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Jet Airways Announces New Domestic Flights, Tickets Start From Rs 2,398

Tickets are valid for 12 months from the date of commencement of journey, Jet Airways noted.

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Railway Employees Call For 'Work-To-Rule' Protest From December 11

Such an action is considered less disruptive than a strike or lockout, and obeying the rules is less susceptible to disciplinary action.

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Paying High Interest On Home Loan? All You Need To Know On Loan Transfer

One can start also looking at transferring his/her home loan if one is not satisfied with services of the existing lender, for instance, if a bank is slow to react in reducing interest rates when the...

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Stock, Forex, Debt Markets Closed For Gurpurab

Foreign exchange, debt and stock markets are closed on Friday for a public holiday on account of Gurpurab.

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Jet Airways' Independent Director Ranjan Mathai Quits

The departure comes as the airline struggles to keep itself afloat, with rising debt levels and higher oil prices weighing on profits.

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Push Towards A Gas-Based Economy To Create Lakhs Of Jobs: PM Modi

PM Modi launched the 10th round of bidding for award of city gas licenses in 124 new districts, which have been clubbed into 50 geographical areas.

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Domestic Air Passenger Traffic Rises 13% In October, Says Regulator

The data disclosed that low-cost carrier SpiceJet had the highest passenger load factor (PLF) -- a measure of capacity utilisation of the airline -- at 90.8 per cent during October.

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Gold Demand Picks Up As Consumers Make Wedding Season Purchases

Gold prices were trading near their lowest since October 1, as an appreciation in the rupee made buying overseas cheaper.

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Rupee Gains By 77 Paise To Close At 70.67 Against Dollar

Declining crude oil prices amid concerns of a global glut boosted the rupee, say analysts.

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How To Activate State Bank Of India ATM Card Online Via Internet Banking

SBI internet banking subscribers - SBI customers who have opted for the bank's internet banking facility - can activate their newly-issued ATM card online, without having to visit an ATM or bank...

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Rupee Strengthens Further To 70.9150 Against Dollar

Rupee rises above 71-mark against dollar, reports Reuters. The currency is set to close higher for seventh straight session.

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SBI EMV Chip Cards: Meaning, How To Apply, How To Check Variant

The central bank has set a December 31 deadline for commercial banks to migrate from magnetic stripe-based cards to EMV chip-and-pin cards.

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Gold Breaks 3-Day Fall, Crosses 32,000 Rupees Mark: 5 Points

In Delhi, gold of 99.9 per cent and 99.5 per cent purity rebounded by Rs 90 each to Rs 32,040 and Rs 31,890 per 10 gram, respectively.

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Sensex, Nifty Close Lower For Third Day In A Row

Top laggards on the 50-scrip Nifty index were Mahindra & Mahindra, Grasim, Hindalco Industries, Bajaj Finance and Indian Oil.

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Lost Your PAN? Here's How To Verify PAN Card Number, Basic Details

A PAN - a 10-character alphanumeric number issued to income tax assessees - can be verified online through the Income Tax Department's website. In order to be able to use this Income Tax Department...

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Now, LinkedIn India Users Can Access Salary Feature

Free members on the platform can access the complete "LinkedIn Salary" experience by contributing their salary data.

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Rupee Gains By 35 Paise Against Dollar: 5 Things To Know

Fresh foreign fund inflows and a steep fall of nearly 7% in global crude prices to one-year low on Tuesday buoyed rupee sentiments, said traders.

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Want To Change Passenger's Name In IRCTC E-Ticket? Here's How To Do It

IRCTC E-Ticket: The passenger is required to make a request for name change in e-ticket in writing 24 hours before the scheduled departure of train.

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Centre To Reward Tax Officers, Experts Fear Return Of "Terror Regime"

As per the Central Board of Direct Taxes (CBDT)'s figures, a provisional amount of Rs 11.23 lakh crore is stuck in arrears as on April 1, 2018.

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BJP Lawmaker Mangal Prabhat Lodha Is India's Richest Realtor. See Top 5

Lodha's wealth is estimated at Rs 27,150 crore ($3.8 billion), according to the GROHE Hurun India Real Estate Rich List.

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Rupee Up For 7th Session In Row, Gains 35 Paise Against Dollar

Rupee Vs Dollar: Rupee opened higher at 71.12 and rose further to quote at 71.11, showing a rise of 35 paise against the dollar.

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Sensex Edges Higher, Nifty Above 10,600

Gaining between 0.84 per cent and 1.50 per cent, Tech Mahindra, Yes Bank, HCL Technologies, Tata Motors and Indiabulls Housing Finance were the top Nifty gainers.

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How Much You Need To Invest In Atal Pension Scheme To Reach Desired Goal

The Atal pension scheme - or Atal Pension Yojana - allows persons between 18 and 40 years of age to invest for up to 20 years to earn a fixed monthly pension of Rs 1,000-Rs 5,000 after attaining...

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AirAsia India Appoints Sanjay Kumar As Chief Operating Officer

Sanjay Kumar will be responsible for commercial operations of the airline and will be reporting to the newly-appointed CEO and MD Sunil Bhaskaran.

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Reliance Jio Recharge Packs With 1.5-5 GB Data Per Day Compared

Reliance Jio provides a total of 12 recharge packs - or prepaid vouchers - to offer between 42 GBs to 547.5 GBs of mobile data at high speed with daily limits of 1.5 GBs to 5 GBs, among other...

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Infosys To Hire More Than 450 University Graduates In Australia

Infosys had said earlier this month that it would open a technology hub at Richardson in the US state of Texas, where it would hire 500 techies by 2020.

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Facebook-Owned WhatsApp Appoints Abhijit Bose As India Head

Abhijit Bose will begin his new role at WhatsApp in early 2019.

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1.13 Lakh ATMs May Shut Down By 2019: Report

Closure of ATMs may result in considerable job losses that would be detrimental to financial services in the economy as a whole, said CATMi, a registered non-profit trade association.

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Idea's New Rs 189 Plan Offers Unlimited Calls, Data Benefits For 56 Days

Bharti Airtel and Reliance Jio also offer similar prepaid plans, which arepriced at Rs 199 and Rs. 198, respectively.

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The 4 Reddy Sisters Running $2 Billion Apollo Empire

Apollo's shares have gained about 30 per cent after hitting a four-year low in June, and stock forecasters are more bullish than they have been in a decade.

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Sensex Closes 274 Points Lower As IT Stocks Sag: 10 Things To Know

Domestic stock markets extended losses to a second straight day amid weakness in Asian peers. Losses in IT and energy stocks dragged the markets, however advances in pharmaceuticals limited the...

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Gold Prices Fall By 200 Rupees In 3 Days: 5 Things To Know

In Delhi, gold of 99.9 per cent and 99.5 per cent purity declined by Rs 50 each to Rs 31,950 and Rs 31,800 per 10 gram respectively.

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5-Year Tax-Saving Fixed Deposit: Interest Rates Paid By Top Banks

Top banks, from state-run State Bank of India (SBI) and Punjab National Bank (PNB) to private sector peers HDFC Bank and ICICI Bank, provide interest rates (or return on investment) to the tune of...

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Yes Bank's Tussle With RBI: Here's How The Saga Unfolded

The developments since September 19 have wiped off over Rs 29,000 crore ($4.06 billion) from the company's market value, as of Tuesday's close.

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IndiGo Offers Domestic Flight Tickets From 899 Rupees, Details Here

IndiGo's sale offer is valid till November 25, 2018 and the travel period starts from December 6, 2018 to April 15, 2019.

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Dr Reddy's Hits Near 2-Month High On Being Allowed To Copy Generic Drug

Pharma major Dr Reddy's Laboratories hit a near two-month high on Wednesday after a US court allowed the company to sell a copycat version of Indivior Plc's opioid treatment Suboxone Film.

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Oil Recovers Some Losses On Record Indian Imports After 6% Fall

Record crude imports by India of almost 5 million barrels per day (bpd) also supported prices, traders said.

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Currency, Debt Markets Shut On Eid-e-Milad

Trading in the debt and forex markets would resume on Thursday ahead of another trading holiday on Friday.

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Sensex Down Over 70 Points, Nifty Below 10,650

The domestic stock markets opened in the green but quickly slipped into the red on Wednesday.

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Crude Oil Imports In October Rise To Highest Level In 7 Years

Crude imports in October climbed 10.5 per cent from a year earlier to 21.02 million tonnes, showed official data.

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Jet Airways CEO Says Airline In Active Talks With Various Investors

Jet Airways said it has reviewed its network and is deploying aircraft on more profitable, productive and economically efficient routes.

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Bitcoin Loses One-Fourth Of Value In A Week, Hits Year's Lowest Level

The fall followed a sudden plunge last week that shook bitcoin out of a period of relative stability, where prices had hovered around the $6,500 mark for several months.

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Supreme Court Warns Amrapali Group, Orders Disclosure "In Clear Terms"

Cracking the whip on the embattled Amrapali Group, the Supreme Court warned the property developer and its officials to comply with all its directions. The top court made it clear that Amrapali Group...

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How Much Banks Charge For Non-Maintenance Of Minimum Balance

Leading banks such as SBI, HDFC Bank and ICICI Bank have fixed their MAB requirements according to the location of a customer's account.

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Income Tax Department Makes Changes To PAN Application Form: 5 Points

PAN is required for financial transactions like opening a bank account and filing income tax returns (ITR).

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"Writing Is Very Clear On The Wall": Supreme Court Warns Amrapali Group

It gave one last opportunity to Amrapali Group and its directors and promoters to comply with each and every direction passed by the court since May last year.

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PAN Applicant Not Required To Quote Father's Name In Certain Cases

Currently, furnishing the father's name is mandatory for the allotment of PAN. The new rules would come into effect from December 5.

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Malaysian Airlines To Launch Direct Flights From Kuala Lumpur To Kashmir

Increased flights between the two countries will boost tourist flow, Malaysian High Commissioner to India Datuk Hidayat Abdul Hamid said.

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Rupee Closes Higher Against Dollar For Sixth Day In A Row

This is the sixth straight session of gains for the domestic unit as the US dollar weakened against some currencies overseas. In the last six trading sessions, the rupee has gained 143 paise.

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Jet Airways Introduces New Flights On Select Routes

Earlier this month, Jet Airways launched the country's first non-stop service between Mumbai and Manchester, UK.

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Gold Prices Decline For Second Straight Day: 5 Things To Know

In the national capital, gold of 99.9 per cent and 99.5 per cent purity fell by Rs 100 each to Rs 32,000 and Rs 31,850 per 10 gram, respectively.

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Sensex Closes 300 Points Lower, Nifty Settles At 10,656

Yes Bank closed 6 per cent lower, a day after its non-executive and independent director Rentala Chandrashekhar resigned, in addition to a slew of resignations from its board in past few weeks.

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RBI Move To Boost Banks' Lending Capacity Up To Rs 3 Lakh Crore: Report

RBI agreed to extend a deadline for lenders to further lift capital conservation buffers, by a year to March 31, 2020, at its board meeting on Monday.

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Here's A Comparison Of Fixed Deposit Interest Rates Offered By Top Banks

In a bank fixed deposit (FD), investor can park lump sum amount and avail features like assured returns and choice of interest payout.

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'Telecom Operators To End Aadhaar-Based Process In A Day Or Two'

COAI Director General Rajan Mathews said the use of Aadhaar-based process is likely to end in a day or two.

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Easing Of Capital Norms Credit Negative For State-Run Banks: Moody's

Reserve Bank of India's decision to allow lenders more time to adhere to additional capital buffer norms under Basel 3 is credit negative for the country's state-run banks, Moody's Investors Service...

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Yes Bank FallS Over 6% After Rentala Chandrashekhar Resigns From Board

Yes Bank informed that Rentala Chandrashekhar, bank's Independent Director, has tendered his resignation from the bank's board, with immediate effect.

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Tatas To Go Slow On Deal To Acquire Debt-Laden Jet Airways: Report

"You can't rush into a complex situation that could cost the group up to $2 billion (143.21 billion rupees) without doing serious homework," the report cited a source as saying.

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Rupee Gains 29 Paise To Trade At Over Two-Month High Against Dollar

Rupee Vs Dollar: The rupee rose to as much as 71.36 against the US dollar in early trade on Tuesday, reported news agency Reuters. This was the highest level for the rupee against the dollar since...

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Sensex Down Over 100 Points, Nifty Below 10,750

The S&P BSE Sensex opened at 35,730.77 and the Nifty50 index of the National Stock Exchange (NSE) at 10,740.

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Infosys Foundation, Skoda Auto Served Notice For Not Filing Tax Returns

1,775 entities issued show-cause notice under the Foreign Contribution (Regulation) Act for their failure to submit annual income and expenditure statements on foreign fundings.

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Both RBI Chief And Government Walked The Extra Mile: Board Member On Meet

The central bank will form a panel to consider the funds transfer to the government, it said in a statement after the board meeting that lasted a little over nine hours.

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RBI Cancels Registration Certificates Of 66 Shadow Banks

Coming down hard on the cash-starved shadow banking industry, the Reserve Bank of India on Monday announced cancellation of registration certifications of 66 non-banking financial companies (NBFCs)....

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Rupee Closes At 10-Week High Against Dollar, Extends Gains To 5th Day

Stock markets also rose nearly 1 per cent to scale six-week high levels despite the ongoing RBI board meeting also supported the rupee sentiment.

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IRCTC Refund Rules: How Much Railway Charges For Cancellation Of Tickets

IRCTC refund rules: The cancellation penalty varies depending on the class of travel, time before departure of the train, among other factors.

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How To Avail Up To 5 Litres Of Free Petrol Through BHIM SBI Pay

BHIM SBI Pay offer on fuel purchase is open to all Indian citizens aged 18 or over, as on April 1 2018, residing in India only, said SBI.

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No Pay, No Extra Duties, Threaten Jet Airways Pilots: Report

Around 1,600 Jet Airways pilots along with engineers and senior management officials have been paid only 50 per cent of the September salary.

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Sensex, Nifty Extend Gains To Third Straight Session

The Sensex and Nifty closed higher for a third session in a row.

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Fixed Deposit Interest Rates Of Four Key Lenders

Bank fixed deposits (FD) are fixed income instruments which offer fixed returns for a pre-determined specific period of time.

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Gold Prices Slip On Sluggish Demand: 5 Things To Know

Gold prices declined by Rs 50 to Rs 32,100 per 10 gram at the bullion market on Monday, owing to slackened demand from local jewellers amid a weak trend overseas, reported Press Trust of India (PTI)....

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SBI Fixed Deposit (FD) Account: Types, Interest Rates, Other Details

SBI offers a wide range of FD schemes that comes with flexible tenure options.

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RBI Board Meets In Mumbai Amid Big Clash With Government: 10 Points

The Reserve Bank of India (RBI)'s board is meeting in Mumbai today in the middle of an unprecedented public feud between the government and the central bank, which alleges attempts by the centre to...

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Rupee Edges Lower Ahead Of RBI Board Meeting Outcome. 10 Points

Halting its four-day winning streak, the rupee slipped by 9 paise to 72.02 against the US dollar in early trade on Monday ahead of Reserve Bank of India (RBI) board meeting outcome, reported news...

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Sensex Gains 190 Points, Nifty Hits 10,700

Gaining between 1.05 per cent and 3.17 per cent, Yes Bank, Dr Reddy's Laboratories, Eicher Motors, Mahindra and Mahindra and Infosys were the top five Nifty50 gainers.

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SBI Tax Savings Fixed Deposit Account: Interest Rates And Other Details

SBI's Tax Savings Scheme offers tax benefits for up to Rs. 1.5 lakh under Section 80C of Income Tax Act.

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ICICI Bank Revises Recurring Deposit Interest Rates; What Others Pay

Recurring Deposit or RD is a kind of term deposit under which one needs to deposit a fixed amount at fixed interval, which generates interest income.

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Airtel's Rs 419 Prepaid Plan Compared With Reliance Jio, Vodafone Packs

Vodafone and Reliance Jio also offer a prepaid plan priced at Rs 399 whereas Reliance Jio offers a prepaid plan priced at Rs 449.

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RBI Board Meeting On Monday; Likely To Reach Common Ground On Key Issues

The central board, headed by the RBI Governor, is expected to discuss issues mentioned in the agenda circulated to the board members in advance.

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Government Appoints Allies On RBI Board To Turn Heat Up On Governor

The government has been pressing the Mumbai-based RBI and Governor Urjit Patel to accede to a range of demands that could help to boost demand.

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Shah Rukh Khan Likely To Be Named Brand Ambassador Of Air India

In a tweet posted on Sunday afternoon, Shah Rukh Khan "unofficially" announced himself the brand ambassador of the domestic airline.

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Indian Railways Revised Flexi-Fares To Be Valid From March 15

The revised structure offers the current cap of 1.5 times to be reduced to 1.4 times the tariff in all classes, said Indian Railways.

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Petrol, Diesel Prices Dip Further: Check Fuel Rates Here

State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise fuel prices with effect from 6 am on a daily basis.

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Kotak Mahindra Bank Revises FD Interest Rates; What Other Banks Pay

Private sector bank HDFC Bank, Canara Bank and state-run lender PNB had earlier this month revised their interest rates on fixed deposit.

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'Oil Prices, Foreign Fund Flows Likely To Chart Stock Market's Course'

The fall in crude oil prices assumes significance as it eases country's concerns over inflation, fiscal and current account deficit.

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Submit Life Certificate By November 30 To Get Your Pension, Warns SBI

The life certificate can be submitted either by visiting the branch or by directly submitting it online, from the comfort of home, said SBI.

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Indian Railways Offers Concession On Select Tickets: 10 Things To Know

Indian Railways offers concessions on ticket prices to 53 different categories, the quantum of which ranges from 10 per cent to 100 per cent. These reductions in fares are available for senior...

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Fixed Deposit Interest Rates Offered By Small Finance Banks Compared Here

While commercial banks pay interest rates in the range of 4-7.75% to customers on FDs, small finance banks offer those between 3.5% and 9.5%.

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Walmart Pips Apple To Become Number 3 Online Retailer

Leading the ranking is Amazon, accounting for 48 per cent share and is likely to make around $252.10 billion this year.

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SBI Annuity Deposit Scheme: Interest Rates, Tenure And Other Details

Under SBI's annuity deposit account, the minimum amount of deposit is Rs 25,000. However, there is no maximum limit of deposit amount for this scheme.

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Tata Investment Board Approves Rs 450 Crore Share Buyback

According to a regulatory filing, the buyback will be for an aggregate amount not exceeding Rs 450 crore at Rs 1,000 per equity share.

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Airtel's Rs 419 Plan Offers 1.4GB Per Day Data For 75 Days

The addition of the Rs 419 prepaid plan to Airtel's portfolio comes amid high competition in the telecom industry.

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GoAir, AirAsia, Jet Airways Offer Discount On Flight Tickets

GoAir, AirAsia India, Air India and Jet Airways are offering a host of discount offers on domestic and international flight tickets.

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Petrol, Diesel Prices Fall By 19-20 Paise Per Litre Across Metro Cities

As per the daily dynamic pricing regime, domestic fuel prices depend on international fuel prices on a 15-day average, besides the value of the rupee.

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Gold Prices Rise On Global Cues: 5 Things To Know

In Delhi, gold of 99.9 per cent and 99.5 per cent purity traded higher by Rs 135 each to Rs 32,150 and Rs 32,000 per 10 grams, respectively.

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Indian Railways: Check Full List Of Trains Cancelled This Sunday

Indian Railways trains will be affected for undertaking important infrastructure and safety upgradation works.

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Post Office Saving Schemes That Offer 4-8.5% Interest Rate

The lowest interest rate in Indian post office saving schemes is offered on post office saving accounts.

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Here Are Top 10 Services Offered By State Bank Of India

State Bank of India (SBI), country's largest lender, offers a wide range of services in the personal banking segment. These products are designed with flexibility to suit customer's personal...

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Jet Airways Offers Discount On Return Flight Tickets

To avail Jet Airways' discount offer, customers need to book flight tickets till November 30, 2018.

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IPPB: Transaction Limit And Charges You Pay For Instant Money Transfer

For NEFT transfers initiated from access points, India Post Payments Bank charges a fee of Rs 2.5-25 per transaction from its customers, according to its website - ippbonline.com. NEFT, RTGS and IMPS...

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GAIL Might Buy Some Assets Of Debt-Laden IL&FS: Report

IL&FS has an installed wind energy capacity of 775.2 MW, while GAIL, which wants to expand its renewable energy portfolio, owns 128 MW.

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India Post Payments Bank: Four Types Of Accounts You Can Operate

The four kinds of bank accounts at IPPB come with different features, such as limits on withdrawals, balance requirements and charges for non-compliance with those requirements. India Post Payments...

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Visa To Acquire Minority Stake In Mumbai-Based BillDesk

The investment will be subject to statutory approvals and is expected to have no direct bearing on Visa's existing India business, the company said in a statement.

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Bank FD Interest Rates For Senior Citizens Compared

Public sector banking majors, such as State Bank of India (SBI), Punjab National Bank (PNB) and Bank of Baroda, pay interest to the tune of 5-7.35 per cent to senior citizens on term deposits - or...

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Rupee Ends At New 2-Month High Of 71.93 Against Dollar

Increased selling of the US currency by exporters and banks and gains in equity markets aided the rupee to post gains for the fourth day.

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SBI Reinvestment FD Scheme: 10 Things You Need To Know

Customers willing to invest in State Bank of India (SBI) reinvestment scheme need to pay a minimum of Rs 1,000. There is no maximum limit for deposits under SBI's reinvestment plan. The interest rate...

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SBI Internet Banking: How To Open Account, Change Password, Other Details

OnlineSBI is the internet banking service provided by SBI. The lender offers a host of facilities via its internet banking portal onlineSBI.com. Internet banking of SBI is the most convenient way to...

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Petrol, Diesel Prices Reduced By 16-18 Paise Per Litre In Delhi, Mumbai

Petrol, diesel rates today: State-run oil marketing companies such as Indian Oil Corporation currently revise the fuel rates on a daily basis. The domestic rates of fuels are determined by global...

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Cyclone Gaja: Check Full List Of Trains Cancelled, Diverted Today

Cyclone Gaja: Southern Railway has cancelled trains in districts of Tamil Nadu that are expected to be affected by the storm.

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Sensex Ends 196 Points Higher, Nifty Settles Above 10,680

Share markets on Friday: op gainers on the 50-scrip index Nifty were Bharti Airtel, HCL Tech, Eicher Motors, Grasim and Reliance.

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Gold Prices Decline By Rs 235, Silver Rates Hold Steady: 5 Points

Gold prices in Delhi fell by Rs 235 per 10 gram while silver rates held steady at Rs 37,900 per kg on Friday, reported news agency Press Trust of India (PTI).

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Angry Birds Maker Says It Needs New Games To Accelerate Growth

The Finnish company, which listed its shares on the stock market in Helsinki last year, reported third-quarter adjusted operating profit of 10.4 million euros ($11.8 million), up from 4.0 million...

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Opinion: Jet Airways Could Be Dangerous Buy For Tata Sons

Jet Airways has built up a substantial position in country's domestic aviation market.

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Rupee Edges Higher Against Dollar: 10 Things To Know

The rupee edged higher by 10 paise to 72.07 against the US dollar in early trade on Friday on increased selling of the US currency by exporters and banks, reported news agency Press Trust of India...

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Myntra CEO Dismisses Resignation Reports Amid Flipkart Crisis

Binny Bansal the chief of Flipkart Group resigned after an internal probe into what parent Walmart Inc said was "serious personal misconduct".

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Tata Sons Board Discusses Merger Deal With Jet Airways: 10 Points

Tata Sons, the holding company of Tata Group, is expected to discuss the sealing of a deal with ailing carrier Jet Airways on Friday. The board meet of Tata Sons comes amid media speculation that the...

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How Much Will Houses In India Cost? Delhi Prices Worst Hit

Asia's third-largest economy is also grappling with a liquidity crunch after IL&FS, defaulted on a short-term debt payment in June.

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Rupee Gains 10 Paise Amid Increased Selling Of US Dollar

Rupee Vs Dollar: At the interbank forex market, the rupee opened higher at 71.94, and advanced 10 paise to 71.87 against the US dollar.

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Flipkart Billionaire Binny Bansal's Exit Puts Corporate India on Notice

By buying Flipkart, Walmart made Bansal a billionaire and a national icon. By forcing his resignation, the company turned him into an example of the kind of zero-tolerance corporate policy that's come...

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Sensex Gains Over 150 Points, Nifty Inches Towards 10,650

The British pound lay battered and bruised in Asia after a bout of political turmoil fanned fears the country could crash out of the European Union without a divorce deal, reported news agency...

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Centre Not Seeking Top Bank's Reserves, Says S Gurumurthy Amid RBI Crisis

Ahead of November 19 board meeting of the central bank, the RSS ideologue and RBI Board member made case for loosening liquidity norms for lenders.

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"Purely Speculative", Says Jet Airways On Merger Reports With Tata SIA

Dismissing the recent reports of a likely merger with Tata SIA Airlines, Jet Airways on Thursday said the news is "purely speculative" and that there were no such discussion in the company's Board.

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Government Has Asked Tata To Help Rescue Struggling Jet Airways: Report

Jet shares rose 24 percent, the biggest single-day gain on record, to close at 320.90 rupees in Mumbai.

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Rupee Ends Above 72 Against Dollar For First Time In 2 Months: 10 Points

The rupee appreciated by 33 paise, or 0.5 per cent, to close at 71.97 against the dollar on Thursday. That marked the highest closing level for the rupee since 71.84 on September 14. Wednesday's rise...

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ICICI Bank, Axis Bank Revise Fixed Deposit Interest Rates

The fixed deposit accounts which have a lock-in period of five or 10 years also offer income tax benefit under Section 80C of the Income Tax Act.

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10 Things To Know About India Post Payments Bank Savings Accounts

India Post Payments Bank (IPPB), which aims to leverage the network of nearly 1.55 lakh post offices, is a government-owned payments bank which caters to urban and rural areas, with a primary focus on...

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Banks Could Be Recapitalised With Government Bonds: RBI Board Member

S Gurumurthy has been a vocal member on the RBI board asking for easier lending and capital restrictions for the country's banks.

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No Liquidity Crisis In Shadow Banking Sector: SBI Chairman Rajnish Kumar

Nabard Chairman Harsh Kumar Bhanwala said the liquidity crisis may be an issue with some specific NBFCs.

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SBI's Deposit Schemes: Public Provident Fund Vs National Pension System

PPF account provides an investment avenue with decent returns coupled with income tax benefits, said SBI.

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Infosys Appoints Jayesh Sanghrajka As Interim CFO

Jayesh Sanghrajka will replace MD Ranganath, who had announced his decision in August to step down. Mr Ranganath was appointed as the CFO in October 2015. Infosys said its board is in the process of...

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Rupee Closes Above 72-Mark Against Dollar After 2-Month Gap

Dealers said the strength in the rupee was also supported by increased selling of the greenback by exporters and banks.

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RBI Intervenes More In Forex Forwards Than Spot For Second Straight Month

The rupee ended at 71.9750 to the dollar on Thursday, compared with 72.30 on Wednesday.

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Indian Economy To Grow At 7.8% In FY19, Says Fitch

Fitch said it expects India's real GDP growth to rise to 7.8 per cent in the fiscal year ending March 31, 2019, from 6.7 per cent in FY2017-18.

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Trade Deficit Widens As Imports Rose By 17.62% In October

The deficit widened despite a steep decline of 42.9 per cent in gold imports to $1.68 billion during the month under review.

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Former IndiGo President Aditya Ghosh Joins OYO Hotels

Mr Ghosh had earlier this year stepped down as president and wholetime director at InterGlobe Aviation, the owner and operator of airline IndiGo.

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IndiGo Launches New Flights, Fares Start From 2,500 Rupees

Both corporate and leisure customers, willing to plan their travel under this offer, can book tickets via airline's official website -goindigo.in.

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Need To Send Money Via An IMPS? Here's What You Need To Know

Money transfer can be carried out through IMPS at any time or day, irrespective of Sundays and public holidays. Public sector banking major State Bank of India (SBI), and private sector peers ICICI...

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How Walmart Decided To Oust Flipkart's Binny Bansal, A Tech Icon

His ouster, announced Tuesday from Walmart's hometown of Bentonville, Ark., left workers at Flipkart, half a world away in Bangalore, stunned and struggling to make sense of the cryptic explanation.

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Indian Railways 'Shri Ramayana Express' Offers 16-Day Tour At Rs 15,120

En-route, 'Shri Ramayana Express' will halt at Nandigram, Sitamarhi, Janakpur, Varanasi, Prayag, Shringaverpur, Chitrakoot, Hampi, Nasik and Rameshwaram.

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Sensex Gains 118 Points, Nifty Settles At 10,616

Meanwhile, the rupee appreciated 24 paise to 72.07 against dollar on Thursday on fresh foreign fund inflows and easing crude oil prices.

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How To View SBI Account Statement, Transaction History Online In 10 Steps

State Bank of India (SBI), the largest lender of the country, offers a host of online services. You can check your account statements and transaction history online via onlinesbi.com, the official...

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Gold Rates Jump After 2-Day Fall: 5 Things To Know

In Delhi, gold of 99.9 per cent and 99.5 per cent purity rebounded by Rs 350 each to Rs 32,250 and Rs 32,100 per gram, respectively.

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More Than 14 Lakh IT Jobs To Be Created In This Area

Jobs such as social media administrator, machine learning designer and IoT designer are most in demand in the country, a study found.IT organisations might find it difficult to fill these niche roles,...

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Yes Bank Shares Plummet After Chairman Ashok Chawla Resigns

Mr Chawla's departure exacerbates the turmoil the management is in, after RBI denied an extension to its CEO Rana Kapoor for a second time last month.

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Indian Railways Train 18: Facilities, Features And Other Details (In Pics)

Train 18 is all air-conditioned chair car train with 16 coaches comprising executive and non-executive class.

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Jet Airways Surges Over 6% On Reports Of Tata Pursuing Controlling Stake

The surge in Jet Airways share price came after reports emerged that Tata Sons is in pursuit of a controlling stake in the debt-laden carrier.

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Rupee Gets A Lift-Off On Falling Oil Prices, Fund Flows: 10 Points

The rupee gained 24 paise to 72.07 against the US dollar in early trade on Thursday amid falling crude oil prices and fresh foreign fund inflows, reported news agency Press Trust of India (PTI). The...

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Shadow Banking Crisis Starting To Hit Consumer Spending: Report

NBFCs have become increasingly important in supporting consumer spending as the nation's formal banking sector is weighed down by bad loans.

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Amid Drama Over Flipkart's Binny Bansal, Walmart Investors Await Results

The news was embarrassing for Walmart given the $16 billion bet the company has placed on this money-losing business, but shareholders largely shrugged it off, as the stock fell less than 1 per cent...

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Rupee Gains 24 Paise Amid Foreign Fund Flows, Softening Crude Oil Prices

Rupee Vs Dollar: Foreign institutional investors (FIIs) bought shares worth Rs 277.38 crore Wednesday, provisional data showed.

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Sensex Up Over 80 Points, Nifty At 10,596

Share Market on Thursday: In the Asian markets, MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.15 per cent. Australian stocks rose 0.15 per cent while Japan's Nikkei shed 0.5 per...

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Deutsche Bank, J&K Bank Fined 3 Crore Rupees Each For Flouting Norms

The RBI action has been taken under relevant sections of the Banking Regulation Act, 1949, taking into account the failure of both banks to adhere to the apex bank's directions.

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Ashok Chawla Steps Down As Yes Bank Chairman

The bank said that it would in due course announce the appointment of a chairman after approval of the Reserve Bank of India.

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Income Tax Returns Not Filed In 80,000 Cases Post-Notes Ban, Says Taxman

The taxman has said it sent emails and SMSes to a large number of people who have filed their returns after this communication.

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Vodafone Idea Reports Rs 4,974 Crore Loss In September Quarter

Vodafone Idea's after-tax loss was Rs 4,974 crore in the second quarter ended September 30, which included a one-time charge of Rs 566 crore, mainly due to integration and merger related costs.

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Tata Sons Weighing Up The Economic Viability Of Jet Airways Deal: Report

Buying Jet, with its fleet of 124 aircraft, would return Tata to the forefront of Indian aviation in terms of size, almost 70 years after its first airline was nationalised, and six years after it...

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ICICI Bank Hikes Fixed Deposit (FD) Interest Rates. What Peers Pay

ICICI Bank is the latest among key lenders to raise fixed deposit or FD interest rates. The rate hike is applicable across various tenors for domestic term deposits with effect from November 15, 2018,...

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PM Modi Launches Banking Technology Platform In Singapore

Designed by software experts based in Hyderabad, Colombo and London, APIX is a sophisticated technology developed by Boston-headquartered Virtusa, especially for smaller banks, Tier 3 and 4, to reach...

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Gautam Singhania Quits As Raymond Apparel Chairman

Gautam Singhania will continue to be on the board of Raymond Apparel. The board has appointed Nirvik Singh, a marketing and communication industry veteran, as the non-executive chairman of Raymond...

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Rupee Moves Higher To End At 72.31 Against Dollar: 10 Things To Know

The rupee finished Wednesday's session at 72.31 against the dollar, marking a gain of 36 paise from the previous close. A continuous fall in crude oil prices along with weakness in the greenback...

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Tata Steel, JSW Say ArcelorMittal Entry To Be Good For Competition

Owned by billionaire Lakshmi Mittal, ArcelorMittal is the world's biggest steel company with a total tonnage of 97.03 million tonnes in 2017.

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Air India Offers Flight Tickets Starting From Rs 1,000, Details Here

Air India said it will be plying these flights on Bengaluru-Ahmedabad, Delhi-Coimbatore and Delhi-Goa routes. Air India's offer comes amid high competition in the country's civil aviation market.

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Gold Prices Decline On Second Straight Day: 5 Things To Know

In Delhi, gold of 99.9 per cent and 99.5 per cent purity fell by Rs 150 to Rs 31,900 and Rs 31,750 per 10 gram, respectively.

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ICICI Bank Hikes Fixed Deposit Interest Rates On Select Maturities

ICICI Bank FD interest rates: Wednesday's increase will raise interest rates applicable to domestic, NRO (non-resident ordinary) and NRE (non-resident external) term deposits of up to Rs 1 crore by 25...

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Why You Should Invest In Sukanya Samriddhi Yojana For Your Daughter Today

Children's Day 2018: This Children's Day, the best give that you can possibly gift to your children is to make them financially independent. The Sukanya Samriddhi Scheme, under which money can be...

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Markets End Choppy Session On A Flat Note

Oil marketing companies (OMCs) surged as crude prices receded, while IT and pharmaceutical stocks weakened due to the stronger rupee.

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IDBI Bank Reports Eighth Straight Quarterly Loss On Higher Provisions

Provisions for bad loans at IDBI Bank, which has the highest bad loan ratio in the sector, jumped 92.9 per cent to Rs 5,482 crore.

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Infosys To Open New Technology Hub, Hire 500 Persons In US

The investment in Texas is part of the company's strategy to drive digital transformation of American businesses.

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Mahindra & Mahindra Posts 24% Jump In Q2 Profit, Beats Street Estimates

Standalone profit after tax, which does not include the share of profit from unit Mahindra Vehicle Manufacturers, stood at Rs 1,649 crore ($228.28 million) for its fiscal second quarter that ended...

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Government To Hike Tariffs On Pipelines By 25-30%: Report

The government is planning a 25 per cent to 30 per cent hike in tariffs for local gas pipelines by end-December, an industry source with direct knowledge of the matter said.

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UltraTech's Bid For Binani Cement Valid, Says Tribunal

Dalmia Bharat and a fund backed by Bain Capital and Piramal Enterprises had bid for Binani Cement.

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SpiceJet Reports Second Straight Quarterly Loss

Aircraft fuel expenses climbed 55.8 per cent to Rs 845 crore, while total income from operations rose 3.8 per cent.

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You Can Gift Your Child This Bank Account On Children's Day

SBI's Pehla Kadam and Pehli Udaan accounts: One also doesn't need to maintain Monthly Average Balance (MAB) for both accounts.

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October Wholesale Inflation Stands At 5.28% Vs 5.13% In September

Wholesale inflation based on the wholesale price index (WPI) stood at 5.28 per cent (provisional) in October.

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Crude At $65-Mark As Concerns Of Surging Supply Spook Investors

US West Texas Intermediate (WTI) crude oil futures were at $55.50 per barrel in intraday trade, down 19 cents from their last settlement.

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Rupee Opens At Over 1-Month High Against US Dollar

Rupee Vs Dollar: The rupee closed at 72.6750 against the dollar on Tuesday.

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"Consensual Affair," Found Probe Against Flipkart's Binny Bansal: Report

The co-founder and chief executive officer of e-commerce company Flipkart Group resigned after an investigation into allegations of sexual assault, dealing a blow to owner Walmart Inc.'s ambitions in...

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Sensex Gains Over 150 Points, Nifty Above 10,600

According to provisional data from NSE, domestic institutional investors bought net equities worth Rs 335.78 crore on Tuesday.

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Need To Make An Online Money Transfer? Here Are Charges Levied By SBI

The fee levied by SBI for NEFT and RTGS transactions varies depending upon the amount of money to be transfered and mode of transfer (online or through branch), according to the bank's corporate...

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Flipkart's Binny Bansal Resigns After Sexual Assault Accusation: Report

Walmart said Binny Bansal had been contemplating a transition for some time and that the companies had been working together on a succession plan, which had now been accelerated.

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Amrapali Group Case: Top Court Orders Attachment Of Hospital, Properties

The court is seized of a batch of petitions filed by home buyers who are seeking possession of around 42,000 flats booked in projects of the Amrapali Group.

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Sebi Tightens Disclosure, Review Norms For Credit Rating Agencies

The market regulator ordered credit rating agencies to analyse deterioration in the liquidity conditions of an issuer, while monitoring its repayment schedules and taking into account any...

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Challenging Situation For Binny Bansal, Said Flipkart Internal Note

Binny Bansal, 37, stepped down immediately following an independent probe into the allegations, which the executive denies, Walmart said. The U.S. retail giant completed its $16 billion purchase of...

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Rupee Moves Higher To End At 72.67 Against Dollar: 10 Things To Know

The rupee moved higher by 22 paise - or 0.3 per cent - against the dollar to end at 72.67 on Tuesday, boosted by easing crude oil prices and strong macroeconomic data. A nearly 3 per cent decline in...

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Tata Steel Posts Profit Of Rs 3,116 Crore Profit In September Quarter

Tata Steel Q2 earnings: Thirteen analysts on an average had expected the Mumbai-based firm to post a profit of Rs 2,247 crore.

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Gold Prices Fall On Tepid Demand: 5 Things To Know

In Delhi gold of 99.99 per cent and 99.5 per cent purity fell by Rs 100 each to Rs 32,050 and Rs 31,900 per 10 grams respectively.

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State Bank Of India Makes Changes To Select Services, Details Here

SBI has asked its internet banking customers to get their mobile numbers registered with the bank by the end of the month, and reduced the daily cash withdrawal limit on select debit cards. In its bid...

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Binny Bansal Resigns As Flipkart Group CEO. Read Full Statement Here

Mr Bansal stepped down as chief executive officer of Flipkart Group, following a probe into serious personal misconduct, US-based Walmart said in a statement.

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Flipkart's Binny Bansal Quits As CEO After "Personal Misconduct" Probe

US-based Walmart earlier this year acquired a majority stake in Bengaluru-headquartered Flipkart in a $16-billion deal.

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What SBI, HDFC Bank, ICICI Bank, IDBI Bank Pay on Fixed Deposits

Fixed deposits (FDs), which offer guaranteed returns on investments, are meant for investors looking for assured interests. FDs are fixed-income instruments, the returns on which are determined at the...

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Ashok Leyland Profit At 460 Crore Rupees In Q2, Misses Street Estimates

Profit was Rs 460 crore ($63.32 million) in the quarter ended September 30, compared with Rs 334 crore a year earlier, Ashok Leyland said.

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Fuel Demand Rose 4% To 17.99 Million Tonnes In October

Cooking gas or liquefied petroleum gas (LPG) sales increased 4.8 per cent to 2.07 million tonnes, while naphtha sales surged 4.6 per cent to 1.23 million tonnes.

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Sun Pharma Reports Surprise Loss Of 219 Crore Rupees In September Quarter

Total revenue from operations rose 4.3 per cent to Rs 6,938 crore.

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10 Things You Should Follow While Making An Online Transaction

From bank transfers to mobile wallets - these days electronic money transfers are highly popular. Every banking transaction seems to be only a click away via your phone or computer. However, since...

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Sensex Closes 331 Points Higher, Nifty Reclaims 10,550

Stock markets registered gains of almost 1 per cent on Tuesday, led higher by banking, financial services, FMCG and energy shares. BSE benchmark index Sensex ended 331 points, or 0.95 per cent, higher...

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Indian Railways Announces Special Trains, Details Here

Earlier this month, Western Railway also announced the commencement of new special trains till the end the of this year.

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Nokia Veteran Ashish Chowdhary To Head Apple India Operations: Report

The decision to hire Ashish Chowdhary is a testament to the fact that Apple is aiming for a really long-term growth in a price-sensitive market where it is an aspirational brand and usually bought by...

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Top Chinese Bank Sets Up $200-Million Fund For Indian Small Businesses

Zheng Bin, CEO of the Industrial and Commercial Bank of China (ICBC) India, on Monday gave an overview of the Indian start-up ecosystem and how to invest in them at the second 'Start-up India'...

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Rupee Gains 29 Paise Against Dollar: 5 Things To Know

On Monday, rupee dropped by 39 paise to settle at 72.89 against dollar as oil prices rebounded after Saudi Arabia announced plans to cut production.

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Netflix To Test Lower-Price Plans As It Seeks More Asia Users

In India, Netflix offers subscriptions at Rs 500 a month ($6.85), Rs 650 and Rs 800. Star India's Hotstar Premium streaming service, by comparison, sells for Rs 199 a month.

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Urjit Patel Met PM Modi Amid Face-Off Over RBI Autonomy: Report

RBI Governor Urjit Patel is believed to have met Prime Minister Narendra Modi last week in a bid to work out a solution on contentious issues that have been flash point between the central bank and...

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Tata Sons Begins Talks To Buy Controlling Stake In Jet Airways: Report

Saurabh Agarwal, chief financial officer of Tata Sons, is leading the discussions while Jet Airways is represented by its chairman Naresh Goyal.

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Debt-Laden IL&FS Starts Work On Asset Sale Plan

IL&FS' board has decided to publicly solicit expressions of interest for its stakes in both IL&FS Securities Services, and ISSL Settlement & Transaction Services, which are both active in the...

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This Tech Firm Started In A Basement; Now It's Being Sold For $8 Billion

Last valued at $2.5 billion, Qualtrics makes customer-survey software used by the likes of Microsoft Corp. to General Electric Co., helping boost its revenue more than eight-fold over the past seven...

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Rupee Recovers By 29 Paise Against US Dollar Amid Easing Crude Prices

Rupee Vs Dollar: The rupee opened with strength at 72.81 and advanced to 72.60 against the dollar, showing a rise of 29 paise over its previous close of 72.89.

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Sensex Sheds Over 100 Points, Nifty Below 10,450

In the first few minutes of trade, the 30-share Sensex was at 34,742.30, down 70.69 points or 0.20 per cent and the broader 50-scrip Nifty was at 10,443.40, with a loss of 38.80 points or 0.37 per...

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RBI May Review Lending Curbs, Restructure Some Loans: Report

The RBI has barred 11 state-run banks from lending under the so-called prompt corrective action plan until they improve their capital ratios, reduce bad debt and become profitable.

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Coal India Reports Eight-Fold Jump In Q2 Profit As Production Rises

Coal India's revenue from operations surged 22.3 per cent to Rs 22,198 crore, while coal production rose 10.6 per cent to 25.65 crore tons.

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Southern Railway Says Revenue Up 51% In Festive Season

The Southern Railway operates the special trains to clear extra rush of passengers near festivals such as Diwali and Pongal.

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Rupee Moves 39 Paise Lower Against Dollar: 10 Things To Know

The rupee closed 39 paise lower against the dollar on Monday, as crude oil rose and the dollar rose overseas. The rupee moved lower against the American currency after top crude oil producer Saudi...

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SBI Internet Banking Customers Must Do This By Month-End

SBI internet banking customers, or customers who have subscribed to the bank's internet banking service, are required to register their mobile number with the lender by November 30, according to SBI's...

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RBI Gets A Breathing Space As Consumer Inflation Drops To 13-Month Low

The rate, which includes food and energy prices, dropped in October to 3.31 per cent on a year-on-year basis, the slowest pace in 13 months and remains below the Reserve Bank of India's (RBI)...

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As Inflation Eases, RBI Unlikely To Hike Key Rate In December: Experts

Analysts polled by Reuters had forecast October's annual increase in the consumer price index at 3.67 per cent, compared with a downwardly revised 3.70 per cent in September.

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Fixed Deposit Interest Rates: Here's What SBI And Post Office Pay

In a fixed deposit, money can be invested for a higher rate of interest than savings accounts.

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Reliance Jio Vs Bharti Airtel: Prepaid Recharge Plans Under Rs 200

Under the category of sub-Rs 200 bracket, Reliance Jio has four prepaid recharge plans while Airtel has two prepaid packs. All these prepaid recharge plans offer unlimited data and voice calling...

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Consumer Inflation Eases To 3.31% In October

Monday's data supports the central bank's surprise decision to hold interest rates in its last policy statement. The RBI had, in its October 5 meeting, decided to maintain status quo on key lending...

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Rupee Weakens By 39 Paise To End At 72.89 Against Dollar

Increased dollar demand from importers amid firming global crude oil prices and a strong dollar weighed on the rupee sentiment, a currency dealer said.

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Jet Airways Reports Third Quarterly Loss In A Row At 1,297 Crore Rupees

Losses came in at Rs 1,297 crore ($178.01 million) for the quarter ended September 30, compared with a profit of Rs 49.6 crore a year earlier, the airline said.

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Bank Of India Reports Loss Of Rs 1,156 Crore In September Quarter

Net loss was Rs 1,156 crore ($158.43 million) for the three months ended September 30, compared with a profit of Rs 179 crore a year earlier.

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Gold Prices Recover On Jeweller's Buying: 5 Things To Know

Gold, silver prices: Globally, gold fell 0.41 per cent to $1,205.50 an ounce in Singapore on Monday. Silver shed 0.11 per cent to $14.23 an ounce.

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Sensex Closes 345 Points Lower, Nifty Gives Up 10,500: 10 Things To Know

Domestic stock markets started the week with a loss of nearly 1 per cent in a highly volatile session on Monday. The losses came amid selling in all sectors barring IT, and weakness in Asian peers....

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Oil Prices Rise After Saudi Arabia Announces Production Cuts

Oil prices advanced steadily through Monday, with both Brent Crude and West Texas Intermediate (WTI) seeing gains of more than a dollar per barrel.

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Rupee Slips 54 Paise To 73.04 Against Dollar: 10 Things To Know

The rupee slipped by 54 paise to 73.04 against the US dollar on Monday, reported Press Trust of India (PTI). Increased demand for the American currency from importers, high global crude oil prices...

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10 Things You Should Know For Conducting Safe ATM Transactions

While transacting via an ATM-cum-debit card, customers often forget hiding their password, which may lead to a fraud. In order to prevent such instances, SBI recommends that customers should conduct...

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IRCTC Tatkal Tickets: Cancellation Rules, Charges And Other Details

Tatkal booking for AC classes opens at 10:00 am on the previous day of journey excluding date of journey from the train originating station.

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The 'Rational' Businesswoman Picked To Temper Tesla's Mercurial Musk

Robyn Denholm "provides a potential spark for change," Loup Ventures' Gene Munster said in a note.

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Opinion: Undermining RBI In Name Of Public Interest Would Be A Real Shame

Rajan strongly opposed the idea of handing supervision of the government securities market to the stock-market regulator.

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AirAsia Offers Cheap Flight Tickets For Select Customers Under Big Sale

AirAsia's offer on flight tickets is valid till November 18, 2018. The travel period to avail AirAsia's offer is May 6, 2019 - February 4, 2020. Customers can also avail 'Big Member' discount when...

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Rupee Slips 26 Paise Amid Rising Demand For US Dollar

At the Interbank forex market, the rupee opened lower at 72.74 and slipped further to quote at 72.76 against US dollar, down 26 paise over its previous close.

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Sensex Surges Over 100 Points, Nifty Hits 10,600

On Friday, the Sensex closed at 35,158.55, down 79.13 points or 0.22 per cent and the Nifty settled at 10,585.20 with a loss of 13.20 points or 0.12.

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Alibaba Generates Whopping $31 Billion In 24-Hour Sale

Los Angeles, Tokyo, Frankfurt, were among the global cities that saw orders being placed for goods ranging from diapers to mobiles.

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RBI Seeks Time Till November 26 To Reply To Information Commission Notice

The CIC had issued the notice to Urijit Patel as the RBI refused to disclose the list of big loan defaulters in spite of orders of the Supreme Court.

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Equitas Bank Revises Recurring Deposit Interest Rates; What Others Pay

Recurring Deposit or RD is a kind of term deposit under which one needs to deposit a fixed amount at fixed interval, which generates interest income.

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No Consensus Yet Among Oil Producers To Cut Output: Saudi Arabia

"There is no consensus yet among oil producers about cutting production," said Saudi Energy Minister Khalid al-Falih.

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Postpaid Plans Of Airtel, Vodafone, Jio Under Rs. 500 Compared Here

Bharti Airtel, Vodafone and Reliance Jio's postpaid plans come with unlimited calling and data benefits with rollover facility.

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Public Provident Fund Vs General Provident Fund: Features Compared Here

PPF account is an investment avenue with income tax benefits.

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SBI Multi-Option Deposit Scheme: Interest Rates, Tenure And Other Details

Unlike in usual fixed deposit accounts, which are fully liquidated, MODS account holder can withdraw in multiples of Rs. 1,000 as per his/her needs.

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Surplus Reserve, Liquidity To Be Key Issues In RBI Board Meeting: Report

According to sources, the board meetings are pre-decided and the agenda is also circulated much in advance.

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IRCTC Maharajas Express Offers 50% Discount On Ticket Bookings

The Maharajas Express train started in the month of March in 2010 and is considered as the costliest train on the earth.

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Inflation Data, Crude Oil Prices To Guide Markets Next Week, Say Experts

The government will release Consumer Price Index (CPI) and Wholesale Price Index (WPI) data for October next week.

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PNB Revises Fixed Deposit (FD) Interest Rates; What Other Lenders Pay

FD interest rates vary from one bank to another, depending on factors such as the term of the fixed deposit.

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Petrol Price Cut By 16 Paise Per Litre In Delhi, Diesel Rate Slashed

The downward revision comes on the back of multiple factors such as lower international crude oil cost and a recovery in the rupee against the dollar.

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IndiGo Switches 125 Airbus A320neo Orders To Longer Range A321s: Report

IndiGo had previously said it plans to add to its fleet of Airbus A320neos and ATR 72 turboprops at a rate of around 6 planes a month.

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Post Office Savings Schemes With Interest Rate Up To 8.7% Explained Here

India Post offers a variety of banking and remittance services, other than mailing services.

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Wow Air, GoAir, Jet Airways Offer Discount On Flight Tickets

Wow Air, GoAir, Jet Airways are offering a host of discount offers on domestic and international flight tickets.

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Gold Prices Decline On Weak Global Cues: 5 Things To Know

In Delhi, gold of 99.9 per cent 99.5 per cent purity plunged by Rs 180 each to Rs 32,070 and Rs 31,920 per 10 grams, respectively.

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SBI's Flexi Deposit Scheme: Eligibility, Interest Rates And Other Details

In a SBI's flexi deposit account, deposits can be made anytime during a month and any number of times.

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Notes Ban, GST Held Back Economic Growth Last Year, Says Raghuram Rajan

While country's growth is picking up again, there is the issue of oil prices, Rajan noted.

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Here's How Much Key Banks Charge For Non-Maintenance Of Minimum Balance

Customers failing to meet the average monthly balance (AMB) requirements in a month have to bear penalty charges.

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GoAir Offers Discount On Flight Tickets For Select Passengers

GoAir's senior citizen discounted fare scheme, is only available on the the airline's official website - goair.in

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Tripura To Start Dialogue To Acquire IL&FS Shares Of Palatana Project

The ministry of power allocated over 58 per cent energy from the Palatana project to north eastern states.

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Fixed Deposit Interest Rates Offered By Corporates

Fixed deposits (FDs) are not only offered by banks but also by companies. In fact, the interest rates offered on company fixed deposits are higher than those on bank fixed deposits.

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Petrol, Diesel Prices Cut By Up To 18 Paise Per Litre: 10 Things To Know

Fuel prices: Except November 7, petrol and diesel prices have been on the decline since October 18.

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Wow Air Offers 30% Discount On International Flight Tickets

Wow Air's discount offer is applicable till November 11, 2018.

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Forex Reserves Jump By Over $1 Billion To $393 Billion In A Week

Total reserves had dropped by $1.444 billion to $392.078 billion for the previous reporting week. After a long gap, gold reserves rose by $366.5 million to $20.888 billion, according to the latest RBI...

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Gold Prices Fall For Third Straight Day: 5 Things To Know

In Delhi, gold of 99.9 per cent and 99.5 per cent purity priced at Rs 32,250 and Rs 32,100 per 10 grams, respectively.

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Why You Won't Be Able To Book A Train Ticket Via IRCTC At This Hour

Meanwhile, amid festive season, Northern Railway, an arm of the Indian Railways, has announced new special trains to cater to excess demand.

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These Banks Offer Up To 7% Interest On Savings Bank Accounts

Small finance banks may be niche banks, catering to a small section of customers, but the interest rates that they offer on savings bank accounts are much higher than larger peers. Consider this:...

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Rupee Jumps By 50 Paise Against Dollar On Falling Crude Oil Rates

Forex traders said the rupee's rise was supported by dollar-selling by exporters and banks, and the greenback's weakness against some currencies overseas.

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Bank Loans Rose 14.6% In Two Weeks To October 26: RBI

Non-food credit rose Rs 31,230 crore to Rs 89.79 crore, while food credit rose Rs 9,510 crore to Rs 55,030 crore.

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Crude Oil Dips Below $70 Per Barrel Mark For First Time Since April

US light crude fell to an eight-month low below $60 a barrel, hitting a trough of $59.78, down 89 cents and off more than 20% since early October.

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This Aadhaar Card Does Not Reveal Your Full Identity Number. Details Here

The UIDAI issues the Aadhaar number as well as the Aadhaar card, which is the personal identification card based on the Aadhaar system. The masked Aadhaar option can be used while downloading a...

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Sensex Closes 79 Points Lower, Nifty Ends At 10,585

Domestic stock markets finished the last session of the holiday-shortened week on a lower note amid weakness in Asian peers. The Sensex ended 79 points - or 0.2 per cent - lower at 35,158, while the...

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Cooking Gas Price Hiked For Second Time This Month

Domestic cooking gas LPG prices have been hiked by over Rs 2 per cylinder after the government increased the commission paid to LPG dealers.

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Fortis Healthcare CEO Bhavdeep Singh Resigns

On August 30, the company's Chief Financial Officer (CFO) Gagandeep Singh Bedi had resigned citing personal reasons.

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No Proposal From Government Seeking RBI's Surplus Reserves: Top Official

Government's fiscal math "is completely on track" and dismissed media reports that it was seeking Rs 3.6 lakh crore from RBI's reserves, says Subhash Chandra Garg, economic affairs secretary.

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H-1B Visa Petition: US Backs "Merit Immigration"; IT Firms Allege Delay

A top White Official said on Thursday that the administration wants only highly-skilled workers to stay in the US on H-1B visas. However, according to Compete America, USCIS has been denying H-1B...

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Indian Railways Introduces New Special Trains. Check Routes, Timings Here

Earlier this month, Western Railway also announced the commencement of new special trains till the end the of this year.

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Petrol, Diesel Prices Continue To Come Down. Check Fuel Rates Here

State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise fuel prices with effect from 6 am on a daily basis.

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October Inflation May Hit 12-Month Low, Below Reserve Bank Target: Poll

If the data meets forecasts, October will mark the third straight month retail inflation has been below the RBI's medium-term target of 4 per cent.

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Rupee At 72-Levels Amid Easing Crude Oil Prices: 10 Points

The rupee extended its gains by 35 paise to trade at 72.65 against the US dollar in early trade on Friday, reported news agency Press Trust of India (PTI). Softening crude oil prices and the results...

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Sensex Sheds Over 200 Points, Nifty Below 10,600

Bharti Airtel, HDFC, State Bank of India, JSW Steel and Yes Bank were the top drags in the Nifty pack.

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Crude Oil Prices Slump 20% From October Highs, Enter Bear Market

The main downward price pressure came from rising supply, despite the US sanctions against Iran that were imposed this week, as well as concerns over an economic slowdown, say analysts.

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US Federal Reserve Keeps Interest Rates Unchanged

"The labour market has continued to strengthen and ... economic activity has been rising at a strong rate," the US central bank said, leaving intact its plans to continue raising rates at a gradual...

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How To Avail 250 Rupee Discount On Ola Ride Through BHIM SBI Pay

In order to avail the discount, the user is required to book a trip with ride-hailing company Ola and make the payment using UPI- or Unified Payments Interface-based payments system BHIM SBI Pay. The...

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Fixed Deposit Rates Offered By Banks On Deposits Below Rs 1 Crore

Lenders also pay slightly higher interest rates on fixed deposits to senior citizens, compared to those applicable to the general public.

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How To Check Your Employees' Provident Fund (EPF) Balance

So basically, both the employee and the employer make equal contributions towards the EPF kitty. The employee as well as the employer contributes 12% each towards the EPF.

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State Bank Of India Accounts That You Can Operate With Nil Balance

State Bank of India (SBI) last updated its average monthly balance rules - applicable to regular savings accounts in April this year. SBI also provides some types of accounts that are free from the...

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GoAir, Jet Airways Offer Discount On Flight Tickets. Details Here

GoAir, Jet Airways are offering a host of discount offers on domestic and international flight tickets.

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When Public Provident Fund (PPF) Works Like Fixed Deposit (FD)

While the maturity period of a PPF account is five years, it can be extended for another five years. You may choose to extend it for another five years if you do not have an immediate fund...

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Mastercard, Visa Losing Out To Rupay, UPI In India: Arun Jaitley

Arun Jaitley said RuPay's total transactions had leapt to Rs 8,430 crore ($1.16 billion) as of September, from Rs 1,100 crore before demonetisation.

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Here's How To Get Free Train Tickets Using IRCTC SBI Platinum Card

IRCTC SBI Platinum Card offers 350 reward points, 1.8% transaction charges waiver, free personal accident insurance protection, among other benefits.

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Robyn Denholm To Succeed Elon Musk As Tesla Chairperson

Robyn Denholm will leave her role as CFO and head of strategy of Telstra once her six-month notice period with the company is complete, Tesla said late on Wednesday.

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Notes Ban Formalised Economy, Expanded Tax Base: Arun Jaitley

The government had on November 8, 2016, announced ban on old 500 and 1000 rupee notes, to curb black money in the system.

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Why You Should Gift Your Parents A Senior Citizen Savings Account

This festive season, if you are looking for a gift for your parents, you might want to make them more self-reliant. For this purpose, investing in a financial plan that offers them security might be a...

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Stock Markets Closed On Account Of Diwali Balipratipada

Markets registered gains of 0.7 per cent on Wednesday in a special one-hour trading session to mark the Diwali festival.

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Why You Should Gift Your Sister A Sukanya Samriddhi Account

Bhai Dooj, Diwali gift:The government last month increased interest rates on Sukanya Samriddhi Scheme to 8.5 per cent per annum from 8.1 per cent.

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Uber, Ola Did Not Break Price-Fixing Rules, Says Competition Regulator

In its judgement, the Competition Commission of India (CCI) ruled that there was no evidence the two companies had conspired to fix prices.

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Infosys Is Boring Again, and That's a Good Thing, Says Nandan Nilekani

"We have an excellent CEO in Salil Parekh. Infosys is really on a very stable and forward-looking path," said the chairman.

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FD Interest Rates: How Returns Offered By Major Banks Compare

On fixed deposits up to Rs 1 crore, many lenders - from major commercial banks such as State Bank of India and HDFC Bank to small finance banks such as Equitas Small Finance Bank and AU Small Finance...

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Muhurat Trading: Gold Prices Decline By Rs 210

Bullion traders said the slide in gold prices was mostly due to absence of worthwhile activity as jewellers and retailers made token purchases to mark the occasion of Diwali and beginning of Samvat...

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Sensex Closes 245 Points Higher, Nifty Settles At 10,598

Stock markets registered gains of 0.7 per cent on Wednesday in a special trading session to mark the occasion of Diwali 2018. The Samvat 2075 - the year from Diwali 2018 to Diwali 2019 - began with...

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Samvat 2075: Sensex Jumps Over 300 Points

The key BSE and NSE indices - Sensex and Nifty - fetched returns of 7.4 per cent and 3.1 per cent in Samvat 2074.

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Flipkart, Amazon Not Abusing Market Position, Says Fair Trade Regulator

A case brought by the All India Online Vendors Association (AIOVA), which represents more than 3,500 online sellers, complained that Flipkart was using its dominant position to favour select sellers -...

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Samvat 2075: Analysts Share Their Top Stock Picks For Diwali 2018

Happy Deepavali 2018: Samvat 2075 (Diwali 2017 to Diwali 2018) will begin with a 60-minute special trading session on Wednesday, November 7. Trading will begin at 5:30 pm and stop at 6:30 pm. Samvat...

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When Gold Investments Act Like Fixed Deposits In State Bank Of India

This Diwali you might be thinking of buying physical gold. Financial planners advise that gold investments should form at least 10-15 per cent of your portfolio. But physical gold investments sitting...

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Stock, Currency, Debt Markets Shut On Wednesday, Thursday

The Nifty ended up 0.06 per cent at 10,530 on Tuesday, while the benchmark BSE Sensex closed 0.12 per cent higher at 34,991.91.

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Samvat 2074: Sensex Return Stands At Over 7%

TCS emerged as the best performer among Sensex constituents, rising 2.22 per cent, followed by Yes Bank gaining 1.95 per cent.

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Fixed Deposit Interest Rates Of Major Banks On Deposits Below 1 Crores

Bank fixed deposits (FDs) are secure fixed-income instruments which offer guaranteed returns. Unlike stocks and mutual funds, fixed deposits offer assured returns because they are unaffected by...

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Crude Oil Imports From Iran Seen Rising in 2018-19

The United States granted exemptions to India, China and six other countries, allowing them to temporarily continue buying Iranian oil, but those waiver carry conditions.

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Bitcoin Volatility Hits Lowest Level In Nearly 2 Years

Volatility of the original and biggest cryptocurrency has sunk to its lowest for nearly two years, with price swings falling lower than increasingly edgy US stocks for more than two weeks in a row.

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Government Aims To Sign Pact With Iran For Oil Payments In Rupees: Report

India, which got a waiver from the latest tougher US sanctions against Tehran on Monday, used a similar mechanism in the previous round of sanctions but settled only 45 per cent of the payments in...

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Here's How Much Minimum Balance You Need To Maintain In Your Bank Account

Average Monthly Balance (AMB) is the minimum average of deposits required by the bank customers in their savings bank accounts.

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Rupee Moves Higher To Close At 73 Against Dollar: 10 Points

The rupee moved higher by 12 paise against the dollar to close at 73 on Tuesday. Selling of the dollar by exporters along with easing of crude oil prices helped the rupee gain some ground. The rupee...

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RBI Crisis Isn't Over As Yet, Centre To Turn Up Heat On Governor: Report

Government intends to keep pressing demands for the RBI to relax lending curbs and hand over surplus reserves even if it risks provoking a resignation by the bank's governor, sources tell Reuters.

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Gold Prices Fell Ahead Of Diwali, Silver Rates Follow Suit

Gold, silver prices: In the national capital, gold of 99.9 per cent purity traded lower by Rs 80 to Rs 32,610 per 10 grams respectively.

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Sensex Closes 40 Points Higher, Nifty Settles At 10,530

Top gainers on the 50-scrip index Nifty included Yes Bank, Tata Consultancy Services (TCS) and Sun Pharma, closing between 1.4 per cent and 2.2 per cent higher.

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"Respecting RBI Autonomy Good For Country", Says Raghuram Rajan: Report

That speech by RBI Deputy Governor roiled markets and prompted the government to issue a statement in support of the central bank's autonomy.

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Petrol, Diesel Prices Ease Ahead Of Diwali: 10 Things To Know

Fuel prices: Petrol price had touched a record high of Rs 84 per litre in Delhi and Rs 91.34 in Mumbai on October 4.

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HDFC Bank Hikes Fixed Deposit (FD) Interest Rates With Effect From Today

Private sector lender HDFC Bank raised its fixed deposit (FD) interest rates with effect from Tuesday, a day ahead of Diwali. The lender raised FD interest rates across select maturities, according to...

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Jet Airways' 'Diwali Sale' Offer Extended Till November 11: 5 Points

Special fares on both single as well as return journey travels are available during the offer period, noted Jet Airways.

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DHFL Clears Outstanding Commercial Paper Of 1,775 Crore Rupees

According to the housing finance firm, since September 21, 2018 it has repaid commercial paper holders Rs 9,465 crore including buyback of CP worth Rs 3,240 crore.

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Rupee Up 21 Paise Against Dollar In Early Trade

Rupee Vs Dollar: The dollar's weakness against some currencies overseas and a better opening of the domestic equity market supported the rupee, dealers said.

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Sensex Surges Over 150 Points, Nifty Above 10,550

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.15 per cent.

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GoAir Offers Flight Tickets From Rs 1,313 In 13-Day Special Sale

GoAir Flight Ticket Offer: The booking period for GoAir's offer on flight tickets is from November 5, 2018 to November 18, 2018.

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Apple Shares Fall, Market Value Dips Below $950 Billion: Report

The Cupertino, California-based company blamed weakness in emerging markets and foreign exchange costs for a disappointing forecast for sales in the run-up to Christmas that are crucial to results for...

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Reliance Jio Launches 8-Day Festive Sale Of JioPhone 2, Details Here

The JioPhone 2 festive sale comes after several rounds of flash sale in the past few weeks. The eight-day sale of JioPhone 2 by Reliance Jio - the provider of telecom services under brand Jio - comes...

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As US Starts Oil Sanctions Against Iran, Major Buyers Get Waivers

Washington has restored measures lifted under a 2015 nuclear deal negotiated with Tehran by the administration of President Barack Obama.

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Gold Sales Witness Sharp Fall This Dhanteras

The market sentiments are positive despite the gold rates going up from Rs 30,000/gmin 'dhanteras' 2017 to around Rs 31,500/tola this year.

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Rupee Plunges By 67 Paise To Return Below 73 Mark Vs Dollar: 10 Points

The rupee opened lower at 72.76 on Monday after last week's US economic data bolstered expectations of faster rate hikes in the world's largest economy. The rupee touched an intraday low of 73.13...

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Jet Airways Launches Non-Stop International Flights. Check Routes, Schedule Here

The commencement of new routes by Jet Airways comes amid high competition in the country's civil aviation market.

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Cipla Q2 Net Profit Falls 11%, Misses Street Estimates

The upcoming challenges include capacity balancing in certain categories at plants and sanctions, Cipla said in a post-earnings presentation.

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Dhanteras 2018: Gold Prices Rise On Token Buying: 10 Things To Know

Gold prices rose by Rs 40 to Rs 32,690 per 10 gram as retailers and jewellers made token buying on the occasion of Dhanteras, reported news agency Press Trust of India (PTI). Buying gold, silver and...

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