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Jet Airways Pilots Defer Strike, Seek Salary Dues By April 14

Jet Airways has delayed payments to pilots, suppliers and lessors for months and defaulted on loans after racking up more than $1 billion in debt. Once India's leading full service carrier, Jet...

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Indian Equity Markets Emerge Among Best Performers Globally In 2018-19

On March 29, the last trading day of FY 2018-19, Sensex rose 127 points to close at 38,672.91 and the Nifty50 settled at 11,623.90, up 53.90 points from the previous close.

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IL&FS Asked To Give Details Of PF Investment In "Amber" Entities: Report

Thousands of crores of money of more than 15 lakh employees of both public and private sector companies is invested in IL&FS bonds.

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Vijaya Bank, Dena Bank Branches To Function As Bank Of Baroda's

The merged entity would also receive a fund infusion of Rs 5,042 crore from the government. The Ministry of Finance has conveyed its decision to infuse the capital in Bank of Baroda.

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RBI Policy Review, Fund Flows To Dictate Market Trend: Experts

Investors will look out for macroeconomic data points such as the production numbers for eight core industries (ECI), according to market experts.

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Cash-Strapped Jet Airways To Pay December Salaries

Lessors have grounded more than three dozen Jet Airways planes, forcing hundreds of its flights to be cancelled.

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Today's The Last Day To Link PAN With Aadhaar. Here's How To Do It Online

Aadhaar-PAN linking: March 31 is the last date for PAN holders - requiring to file income tax return - to link the 10-digit alphanumeric identification number with Aadhaar. In order to facilitate the...

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Compare Q1 Interest Rates Of Provident Fund, Other Small Savings Schemes

Provident fund interest rates: Currently, the interest rates applicable to government-run small savings schemes such as 15-year public provident fund (PPF), Kisan Vikas Patra (KVP), National Savings...

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State Bank Of India (SBI) Loans: Types, Features And Other Details

Housing loan, car loan, personal loan, loans against property and education loans are some of the products offered by SBI. The interest rates applicable on these loans vary, depending upon the class...

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Deadline To Link PAN Card With Aadhaar Ends On This Sunday: 5 Points

Linking of Aadhaar and PAN has to be completed by March 31, according to the taxman's website - incometaxindia.gov.in. The IT Department has listed four ways to link Aadhaar card with PAN card.

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Have Enough Pilots, Operations Won't Be Impacted: Jet Airways

In a statement, the airline said that it remained committed to honour its obligations towards all its employees, including pilots and engineers.

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IRCTC E-Ticket Booking: 10 Things To Know About 'Auto Upgradation Scheme'

Indian Railway Catering and Tourism Corporation or IRCTC offers the option of 'auto class upgradation' on online ticket booking. Under this offering, Indian Railways upgrades full fare paying 'waiting...

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Investment In Small Savings Schemes To Fetch These Returns In April-June Quarter

The nine schemes are Savings Account, Five-Year Recurring Deposit, Time Deposit (TD), Monthly Income Scheme, Senior Citizen Savings Scheme (SCSS), Public Provident Fund (PPF), National Savings...

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

Jet Airways is offering domestic flight tickets at a starting all-inclusive price of Rs1,165. IndiGo, meanwhile, announced new domestic flight connections at a starting all-inclusive price of Rs1,999.

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

Fixed deposit accounts can be created by visiting a bank branch or even online. These days, most banks offer the facility of opening fixed deposits online.

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Centre To Borrow 4.42 Lakh Crores In First Half Of FY20: Finance Ministry

Economic Affairs Secretary Subhash Chandra Garg said gross borrowing will be Rs 4.42 lakh crore during April-September 2019-20.

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Post Office Saving Schemes: How Monthly Income Scheme Compares With RD

The minimum amount required to set up a monthly income account is Rs 1,500. Maximum investment limit is Rs 4.5 lakh in single account and Rs 9 lakh in joint account, according to India Post's website....

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Current Account Deficit Widens To $16.9 Billion In October-December

Stable oil prices are also expected to ease the current account deficit in future and boost the rupee exchange rate, which was one of the worst performers in Asia in 2018 dented by a surge in oil...

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Lenders Send Feelers For Stake Sale In Jet Airways: Report

Last Monday, Jet Airways promoter and Chairman Naresh Goyal stepped down from the board of the airline and ceded majority control to the SBI-led consortium.

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Commerce Ministry Proposes Delaying Retaliatory Tariffs On US Goods

The revenue department falls within the Ministry of Finance, and the two ministries need to consult over any decision to delay the tariffs.

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Rupee Gains Some Ground, But Fails To Move Above 69 Mark Against Dollar

The rupee recovered some ground on Friday, a day after it declined about 0.6 per cent amid concerns about a slowing global economy. Rising by 16 paise against the greenback, the rupee settled at 69.14...

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Gold, Silver Prices Decline On Low Demand: Key Things To Know

In the national capital, gold of 99.9 per cent and 99.5 per cent purity fell by Rs 395 each to Rs 32,700 and Rs 32,530 per 10 grams, respectively. On Thursday, gold prices had gained Rs 35 to Rs...

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April-February Fiscal Deficit At 134% Of Financial Year Target

Earlier in February, while presenting the annual budget for 2019/20, the government had revised upward its fiscal deficit target to 3.4 per cent of GDP for the current fiscal year from the previously...

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These Banks To Remain Open On Sunday (March 31): 10 Things To Know

As the financial year 2018-19 comes to a close, state-run banks have been directed to remain open on the last day of the month. The Reserve Bank of India (RBI) has advised that "all Pay and Account...

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Sensex Returns 17% In FY2018-19. Here Are Key Winners And Losers

The Sensex jumped 5,704 points or 17 per cent and the NSE Nifty 50 Index added 1,510 points to clock a return of 15 per cent in FY18-19.

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Sensex Rises 127 Points, Nifty Settles Above 11,600

Sector wise, the NSE metal, auto, pharma indices settled at 2.37 per cent, 1.23 per cent and 1.60 per cent respectively.

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Rescue Deal Is No Panacea For Cash-Strapped Jet Airways: Report

Jet shares have rallied 20 per cent since news of the rescue on hopes that the airline would now be able to clear salaries, redeploy grounded planes and claw back market share.

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SBI Pays These Interest Rates On Fixed Deposits In All Three Categories

State Bank of India (SBI) provides eight terms for domestic fixed deposit (FD) accounts, ranging from seven days to 10 years. It has classified its FDs into three categories: up to Rs 2 crore, Rs 2...

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Government Raises Natural Gas Price For April-September By 10%: Report

Higher gas prices, however, will lead to higher earnings for state-owned Oil and Natural Gas Corp Ltd and Oil India Ltd.

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Insufficient Balance In SBI Account? You Have To Pay This Much Penalty

SBI has prescribed an average monthly balance requirement of Rs 1,000-3,000 for its savings bank account holders. The amount of average monthly balance - or minimum balance required in a bank account...

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When Is A Brexit Vote Not A Brexit Vote? March 29: Key Facts

Britain's parliament will hold a special sitting on Friday to discuss and vote on Brexit, potentially unlocking a delay to May 22 to the country's exit from the European Union but falling short of the...

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NPS-Swavalamban: Pensions, Minimum Investment, Other Details Here

National Pension System-Swavalamban also known as National Pension System-Lite (NPS-Lite) is a pension scheme designed with intention to secure the future of the people who are economically...

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About 3 Lakh De-Registered Firms To Be Probed For Money Laundering

The CBDT has also asked the tax offices to undertake this special task and bring under their ambit the time period (over last two years) when these companies were struck off from the records of the...

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All You Need To Know About Pradhan Mantri Jan Arogya Yojana (PMJAY)

Ayushman Bharat - Pradhan Mantri Jan Arogya Yojana (PM-JAY) provides a cover of up to Rs 5 lakh per family per year, for hospitalisation for over 10.74 crore vulnerable families in cashless and...

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Sensex Rises Over 150 Points, Nifty Reclaims 11,600; Metal Stocks Rally

The S&P BSE Sensex and NSE Nifty 50 Indexes moved higher and continue to trade at 6-month highs led by gains in metal, telecom and IT stocks.

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Last 3 Days To File Old Income Tax Return With Late Fee. Key Details Here

The Income Tax Department enables the assessees - those required to pay income tax under the current laws - to file an income tax return (ITR) for the past financial year. However, such taxpayers have...

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Small Savings Schemes Offer These Returns, Income Tax Benefits

India Post offers nine options under its small savings scheme portfolio. These include fixed deposit or time deposit (available in four options of maturities), recurring deposit, Public Provident Fund...

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Want To Check Your EPF Balance? Here's How To Do It Online

An employee contributes 12 per cent of his salary towards the EPF, while an employer pays another 12 per cent, out of which 8.33 per cent is invested in the Employee's Pension Scheme (EPS) while the...

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IRCTC E-Ticket Cancellation: 5 Things To Know About TDR Filing

After online filing of TDR, IRCTC forwardsthe claim to concerned railways to process the refund. The refund amount is credited back to same account through which payment was made, according to IRCTC.

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Asian Stocks Inch Higher On Hopes Of Progress In US-China Talks

MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1 per cent while Japan's Nikkei rose 1.0 per cent.

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Supreme Court Rejects Plea To Stay Merger Of Three State-Owned Banks

Rejecting the plea by the staff and officers of two merging banks and their associations, the bench of Justice Rohinton Fali Nariman and Justice Vineet Saran in its order said: "No case for grant of...

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Post Office Saving Scheme: Senior Citizen Account Compared To PPF Account

A post office Senior Citizen Savings Scheme (SCSS) account has a maturity period of five years, which can be extended for another three years within one year of the maturity. Meanwhile, PPF accounts...

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Rupee Falls By 42 Paise To End At 69.30 Against Dollar

Most Asian currencies struggled amid expectations of dovish monetary policy stance by central banks following a deteriorating global economic outlook.

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Direct Tax Collections Fall Short Of Target By 15%, Tax Body Raises Alarm

The Central Board of Direct Taxes (CBDT) frames policy for the I-T department and is also its controlling authority that functions from the North Block in the Finance Ministry.

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Gold Prices Edge Higher On Increasing Demand: Key Things To Know

Globally, gold was trading at $1,310.78 an ounce and silver at $15.32 an ounce in New York.

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Technology In Investment Management - Friend Or Foe?

The real challenge is finding the right talent pool to complement the agility of the technologies. Investment management firms must compete with other industries using disruptive technologies to...

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Rail Vikas Nigam IPO Opens Tomorrow: Should You Invest?

Rail Vikas Nigam Limited's initial public offering (IPO) will start from tomorrow March 29 and last up to April 3. Rail Vikas Nigam Limited, the wholly owned government company is a 'Miniratna'...

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Sensex Closes 413 Points Higher, Nifty Ends At 11,570: 10 Things To Know

Domestic stock markets finished more than 1 per cent higher amid buying across sectors on Thursday, a day marked with the expiry of monthly derivatives contracts. The S&P BSE Sensex closed 412.84...

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Bank FD: Interest Rates For Regular, Senior Citizens Compared

The interest rates on fixed deposits (FDs), which are revised from time to time, vary according to the tenor of a fixed deposit.

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Infosys To Buy 75% Stake In ABN AMRO Unit For $143.5 Million

Infosys will acquire the stake in Stater NV through unit Infosys Consulting and the transaction is expected to close in the first quarter of fiscal year 2020.

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Last Date To Link Aadhaar With PAN 3 Days Away. All You Need To Know

Linking the Aadhaar number with the PAN will be essential for filing an income tax return (ITR), the Income Tax Department has said. Reminding the public about the March 31 deadline to link the two...

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Bullish Bets On Indian Rupee Rise, Yuan Longs Recede: Poll

Investors piled on long rupee bets in a return to bullishness earlier this month after a year, the poll of 12 respondents showed.

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Reliance Jio 1.5 GB Data/Day Packs: Plans, Benefits, Other Details Here

Reliance Jio Infocomm, which offers telecom services under the brand name Jio, is offering high speed internet data for usage of up to 1.5 GB per day starting at Rs 149 for 28 days, Reliance Jio said...

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SBI Holiday Savings Account: Interest Rates, Tenure, And Other Details

SBI Holiday Savings Account functions in the form of a recurring deposit account with the bank in order to avail a vacation package listed under 'Holiday Savings Account' packages on Thomas Cook...

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Sensex, Nifty Edge Higher Led By Gains In IT Shares

All sector gauges, compiled by BSE, barring the S&P BSE Telecom Index were trading higher led by the S&P BSE Realty Index's 1.5 per cent gain.

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Oil Extends Losses Into Second Session As US Stocks Rise

Oil prices fell on Thursday, extending losses into a second straight session, after widely watched data showed a surprising increase in US stocks.

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Bond Yields Spiral Lower, Take Stocks Along For The Ride

Japan's Nikkei fell 1.7 per cent. US stocks could not escape the malaise with E-Mini futures for the S&P 500 off 0.5 per cent.

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

SBI currently provides interest rates to the tune of 5.75-6.85 per cent to the general public on fixed deposit (FD) up to Rs 2 crore, as mentioned on its website.

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Former SBI Chief Front-Runner To Head Jet Airways Interim Board: Report

Jet Airways has been struggling with cash flows for the past six months because of rising fuel costs and intense competition.

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Weather Office Sees Robust Monsoon This Year Provided No El Nino

Plentiful monsoon rains could lift agricultural and wider economic growth and keep food prices and overall inflation subdued.

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GAIL Sells India-Bound US Natural Gas Cargo To Europe: Report

Europe has become a top destination this year for cargoes that cannot find a home in Asia because of high stock levels and low delivery prices.

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Naresh Goyal Could Still Aspire To Bid For Jet Airways: Report

Following the change in management, Mr Goyal owns 25.5 per cent, Etihad 12 per cent while the SBI-led management has 51 per cent.

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What Subscribers Can Do With Their NPS Account After Attaining Retirement

After reaching 60 years of age, the subscriber can continue the account up to another 10 years, or apply to start a monthly pension, according to depository NSDL's website - nsdl.co.in.

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

Muted demand in the domestic market led to the fall in prices of the yellow metal, traders said.

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Indian Railways Ticket Reservation Rules: All You Need To Know

The Indian Railway administration reserves seats, berths, compartments, or carriage in accordance with the rules and conditions published in the coaching tariff.

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ITR Filing Deadline Nears: Here Is How To File Income Tax Return Online

Income Tax return (ITR filing) filing deadline for assessment year 2018-19 (financial year 2017-18) is just four days away on March 31.

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GoAir Offers Flight Tickets From 1,415 Rupees

GoAir's offer: Bookings under the sale - valid for travel between April 1, 2019 and April 30, 2019 - can be made till April 1, 2019.

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Petrol Prices Have Risen By Over Rs 1 Per Litre So Far This Month

Petrol and diesel prices were kept steady on Wednesday. With effect from 6 am on March 27, petrol prices stood at Rs 72.86 per litre in Delhi and Rs 78.48 per litre in Mumbai, according to Indian Oil...

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Sensex Plunges Over 450 Points From Day's High; RIL, HDFC Drag

S&P BSE Sensex and NSE Nifty 50 witnessed sharp decline in afternoon trade on the back of selling pressure in healthcare, energy and oil & gas shares.

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Tax Authorities Auction Nirav Modi's Art, Raises $8 Million

Nirav Modi, whose diamonds have sparkled on Hollywood stars, is one of the prime accused in a $2 billion loan fraud at state-run Punjab National Bank.

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Rupee Weakens To Trade Near 69 Mark Against Dollar: 10 Things To Know

The rupee weakened on Wednesday to hit the 69 mark against the dollar. The rupee declined by as much as 16 paise in intraday trade to hit 69.02 against the greenback. Strength in the dollar overseas,...

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LIC Jeevan Shanti Versus LIC Jeevan Akshay-VI: Which One To Choose

LIC's Jeevan Shanti plan and LIC Jeevan Akshay-VI plan among other pension plans are being offered by the LIC which ensure pensions (annuity) on an immediate or deferred basis on a monthly, quarterly,...

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SBI ATM-Cum-Debit Cards: Cash Withdrawal Limit, ATM Charges, Details Here

State Bank of India has a network of 43,000 plus ATMs in India, which is also the largest network of ATMs offered by any bank in the country.

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Sensex Rises Over 200 Points, Nifty Reclaims, 11,500 Led By Banks

All sector gauges, barring the measure of realty shares, were trading higher on the National Stock Exchange led by Nifty PSU Bank Index's 0.8 per cent gain.

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Oil Prices Dip After US Inventory Gain

US crude futures fell 9 cents, or 0.2 per cent, to $59.85. The US benchmark rose $1.12, or 1.9 per cent, to $59.94 a barrel in the previous session.

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Sensex, Nifty Set To Open Lower As Indicated By SGX Nifty

Sensex and NSE Nifty 50 Nifty Index are set to open lower as indicated by the Nifty futures traded on the Singapore Exchange.

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Asian Shares Lose Steam As Investors Grapple With US Recession Risk

Asian shares slipped on Wednesday, giving up their small gains made the previous day, as investors tried to come to terms with a sharp shift in US bond markets.

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Here Are The Fixed Deposit (FD) Interest Rates Of Five 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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Mindtree Not To Buyback Shares After L&T Open Offer: Report

L&T offered to buy over 5.13 crore shares or 31 per cent of Mindtree's equity stake for Rs 5,030 crore at Rs 980 per share of Rs 10 face value.

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How To Check Daily Petrol, Diesel Rates In Your City

Any changes in domestic petrol and diesel prices are effected at the fuel stations by oil marketing companies at 6 am every day. The domestic domestic petrol and diesel rates are determined broadly by...

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DDA Housing Scheme 2019: How To Apply, Eligibility And Other Details

Under the scheme, DDA is selling 450 HIG category flats (3/2 bedroom), 1,550 MIG category flats (2-bedroom), 8,330 LIG category flats (1-bedroom) and 7,700 flats under the economically weaker section...

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Jet Airways To Fly 40 More Planes By End April, Says Official

Lenders of Jet Airways moved in to take a majority stake in the airline, which is saddled with a debt of more than $1 billion, after it failed to convince potential investors to save the airline.

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Rupee Ends Higher At 68.86 Against Dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.07 per cent to 96.50.

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SBI Chalking Out Plan To Pay Jet Airways' Employees: Report

Jet Airways has been struggling with cash flows for the past six months because of rising fuel costs and intense competition.

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Investment In These Four Savings Schemes Fetches At Least 8% Interest

From savings to fixed deposit and recurring deposit, the post office today offers several types of investment options to the retail customer. For the current quarter, the government provides interest...

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What SBI Average Monthly Balance Guidelines Mean For Your Savings Account

SBI's savings account holders are required to maintain an average monthly average of Rs 1,000-3,000 to avoid any penalty charges. State Bank of India charges a penalty amount to the tune of Rs 7.5-15...

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Reliance Industries Buys ITC's Menswear Brand John Players: Report

ITC sold the brand John Players and related trademarks and intellectual property to Reliance Retail as part of its restructuring plan, an ITC spokesperson said.

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HCC To Sell Litigation Claims To BlackRock-Led Investors

The deal is likely a relief for the engineering and construction company, which has seen its financials suffer as a result of stalled projects and payments held back by the government against claims...

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L&T Makes Open Offer To Buy 31% Stake In Mindtree For Rs 5,030 Crore

Shares in Mindtree ended 1.1 per cent higher at Rs 950.55 apiece on the BSE on Tuesday, while L&T settled 0.4 per cent lower at Rs 1372.10.

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

Globally, gold fell 0.24 per cent to $1,319.20 an ounce and silver by 0.35 per cent to $15.56 an ounce in New York Tuesday.

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Sensex Ends 425 Points Higher, Rebounds From Worst 1-Day Drop In March

Domestic equity benchmarks - Sensex and Nifty rebounded from worst day of March led by gains in banking heavyweights like ICICI Bank, HDFC Bank, Kotak Mahindra Bank and State Bank of India.

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Look Forward To A New Beginning, Remain Committed To Airline: Jet Pilots

The National Aviators Guild represents about 1,100 pilots of Jet Airways. State Bank of India (SBI), the country's largest bank, will lead the consortium of lenders to provide Rs 1,500 crore in...

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Sensex Surges Over 400 Points Led By Rally In Banking, Energy Shares

Domestic equity benchmarks extended gains and surged to the highest point of the day in last hour of trade led by gains in banking heavyweights.

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IRCTC Online Ticket Cancellation Rules: Key Things To Know

On confirmation of cancellation, IRCTC refunds the amount to the account from which booking transaction took place, after deducting the applicable charges.

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LIC Jeevan Labh Policy: Premium, Benefits, Sum Assured, Details Here

LIC Jeevan Labh policy provides financial support for the family in case of unfortunate death of the policyholder any time before maturity and a lump sum amount at the time of maturity for the...

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Jio Offers Up To 91 Days Validity In These 2-5 GB/Day Prepaid Plans

In all of the seven recharge packs, Reliance Jio offers benefits such as 100 SMS per day and free voice calls for their respectively validity periods, according to the company's website - jio.com.

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Have You Forgotten To File Income Tax Return For 2017-18? How To Do Now

An income tax return (ITR) for assessment year 2018-19 (financial year 2017-18) can be filed by the end of the month with a penalty fee of Rs 10,000, according to the Income Tax Department.

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1.5 GB Data Plans Of Jio Versus Airtel Versus Vodafone Compared Here

Reliance Jio, Bharti Airtel and Vodafone are offering high speed 4G internet data plans for their pre-paid customers.

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Jet Airways Surges For Second Day As Board Approves Resolution Plan

Jet Airways shares surged for second day in a row, rising as much as 8.80 per cent to Rs 276.90 on the BSE.

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Sensex, Nifty Edge Higher; Jet Airways Rallies For Second Straight Day

Gains in Sensex and Nifty were capped as Infosys, ITC, Tata Consultancy Services and HDFC Bank were witnessing a mild selling pressure.

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Gold Near One-Month Peak As Yields, Equities Slide

Spot gold was unchanged at $1,321.74 per ounce as of 0123 GMT, after touching its highest since Feb. 28 at $1,324.33 in the previous session.

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Sensex, Nifty Set For A Flat Start As Indicated By SGX Nifty

Sensex and Nifty are set to open on a flat note as indicated by the Nifty futures traded on the Singapore Exchange also known as the SGX Nifty.

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Asian Shares Shaky As US Bond Yields Hit Lowest Since Late 2017

Wall Street shares were little changed on Monday with the S&P 500 ending with a small loss of 0.08 per cent.

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State-Run Banks Kept Public Interest In Mind: Arun Jaitley On Jet Airways

The lenders, led by the State Bank of India (SBI), would become majority shareholders in the airline. Besides, the lenders would nominate two members on the airline's board.

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As Jet Airways' Rescue Plan Takes Off, Here's A Look At Key Events

The banks, led by State Bank of India (SBI), will take a controlling stake in the airline, pump in Rs 1,500 crore ($217.65 million) in immediate funding, and form an interim management committee to...

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"No Sacrifice Too Big For Me To Safeguard Interest Of Jet": Naresh Goyal

"No sacrifice is too big for me to safeguard the interest of Jet Airways and the families of the 22,000 employees," said Naresh Goyal, after stepping down as chairman of the carrier he founded with...

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One Week Left For Linking PAN With Aadhaar. Why You Need To Do It

The Income Tax Department has said that linking of Aadhaar card with PAN card is mandatory for income tax assessees. The taxman has also announced March 31, 2019 as the due date for income tax...

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Gold Prices Surge On Firm Global Cues: 5 Things To Know

In Delhi, gold of 99.9 per cent and 99.5 per cent purities rose by Rs 170 each to Rs 33,220 and Rs 33,050 per 10 grams, respectively.

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Naresh Goyal, Ticketing Agent Who Became Airline Mogul, Resigns

Jet's board approved resignation of Naresh Goyal, 69, and his wife Anita, the second biggest full-service airline in India said in a filing today.

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Jet Aiways Shares Surge As Naresh Goyal Steps Down From Board

Jet Airways shares ended 12.69 per cent higher at Rs 254.50 on the BSE. The stock outperformed the S&P BSE Sensex which closed 0.9 per cent lower.

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Sensex, Nifty Plunge On Fears Of Recession In US

The Sensex fell 0.93 per cent or 356 points to close at 37,809 and the NSE Nifty 50 Index dropped 0.9 per cent or 103 points to shut shop at 11,354.

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Jet Founder Naresh Goyal, Wife Anita Goyal Exit Amid Debt Crisis: Sources

Jet Airways founder and chairman Naresh Goyal and his wife Anita Goyal resigned from the board of directors of the cash-strapped airline, source told NDTV. Lenders had pushed for Naresh Goyal's exit...

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DDA Housing Scheme 2019 Opens: Five Things To Know

DDA Housing Scheme 2019, the programme is also linked to the Credit-Linked Subsidy Scheme under the government's affordable housing initiative, Pradhan Mantri Awas Yojna (PMAY)-Housing For All...

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National Pension System Investment Choices Explained

A National Pension System account gives the investor an option to set allocation to asset classes such as government securities, equity market instruments, corporate debt and alternative investment...

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Jet Airways Rises Amid Report Of Naresh Goyal, Anita Goyal Stepping Down

Naresh Goyal and his wife Anita Goyal are expected to leave the board of the cash strapped airline they founded 25 years ago.

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RBI Governor To Meet Heads Of Payments Banks Later This Week

RBI Governor Shaktikanta Das on Monday said he will be meeting heads of payments banks later this week to understand their issues and concerns.

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All You Need To Know About Reliance Jio Top Up Plans, 4G Data Vouchers

Reliance Jio Infocomm, which offers wireless telecom services under the brand name Jio, among its various recharge packs also offers top up recharge plans and 4G data vouchers for high speed internet,...

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Gold Gains As US Recession Fears Boost Safe-Haven Assets

Spot gold was up 0.2 per cent at $1,316.11 per ounce as of 0422 GMT, while US gold futures gained 0.3 per cent to $1,315.80 an ounce.

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Sensex, Nifty Plunge On Weak Global Cues; Banking, Metal Stocks Worst Hit

Sensex and Nifty fell sharply on the back of negative global cues on growing fears about economic recession in the US.

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Global Stocks Tumble As Bond Markets Sound US Recession Warning

US stocks futures fell, with E-minis for the S&P 500 skidding 0.5 per cent. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 1.4 per cent to a one-week trough in a broad sell-off in...

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Post Office Time Deposit Account: Interest Rate And Other Details

Post office time deposit account can be opened in the name of a minor and a joint account can be opened by two adults.

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Delhivery Raises $413 Million From Softbank-Led Investor Group

Carlyle and Fosun, both existing investors in the e-commerce business, also participated in the latest funding round.

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PNB Sets Rs 10,000 Crore Recovery Target In March Quarter

Punjab National Bank has recovered about Rs 16,000 crore in the last three quarters of the current fiscal year.

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Minimum Balance Rules: Charges Levied By Top Banks For Non-Compliance

Banks charge a penalty from customers who fail to maintain an average monthly balance in their savings account.

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India May Increase Oil Imports From Brazil, Mexico: Report

Venezuela is the fourth largest oil supplier to India after Saudi Arabia, Iraq and Iran. It accounted for about 11 per cent of domestic oil supplies in 2017-18, supplying close to 18 million tonnes...

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Luxury Real Estate Demand Set To Rise, Say Developers

Experts also noted that the transparency brought in by the Real Estate Regulatory Act and GST has helped the sector including the high-end segment.

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Centre Asks States Not To Disconnect Power To BSNL Installations

Recently, DoT helped BSNL in clearing its salary bill for February after the PSU found it hard to pay up on its own from its service revenues.

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Petrol Prices Hiked Across Metros, 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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Tata Motors To Hike Car Prices From April

The company said in a statement that the prices will be hiked due to rising input costs and external economic conditions.

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Derivatives Expiry, Macro Data To Guide Markets, Say Experts

On the investment front, provisional figures showed that so far during March foreign institutional investors (FIIs) bought stocks worth Rs 26,232.60 crore.

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SBI Offers Multi-Option Deposit Scheme: 5 Things To Know

For SBI's multi option deposit scheme, the minimum tenure is one year and the maximum tenure is five years.

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Here Are Recurring Deposit Interest Rates Of Key Lenders

Recurring Deposit (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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Foreign Investors To Pay Higher Taxes From April 1

The changes in DTAAs give India the right to tax capital gains arising on Indian equity shares sold by a Singapore or Mauritian resident

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Top Banks, India Post Payments Bank Offer Zero Balance Savings Account

India Post Payments Bank (IPPB), a state-owned payments bank, also offers three types of zero balance savings accounts.

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Fuel Prices Revised: Check Petrol, Diesel Rates Here

Petrol and diesel rates are decided on a daily basis by oil-marketing companies on the basis of the rupee-dollar rate and global crude oil prices

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Government Exceeds Disinvestment Target In 2018-19: Arun Jaitley

In the current fiscal year, government is eyeing Rs 14,500 crore by way of sell of its 52.63% stake in REC to state-owned Power Finance Corporation

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Not Breaching US Sanctions Against Venezuela: Reliance Industries

Reliance said it has been in "continuous communication with the US Department of State regarding its activities in Venezuela" since imposition of sanctions

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Fixed Deposits In Small Finance Banks Fetch Interest At These Rates

Small finance banks, such as Ujjivan, Equitas, Utkarsh, Jana and Capital, offer interest at the rate of 5-9 per cent on fixed deposits up to Rs 2 crore, according to their websites. Whilesmall finance...

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Jet Airways Lenders In Process Of Securing "Substantial Stake": Report

Jet Airways has a debt of over Rs 8,200 crore and needs to make repayments of up to Rs 1,700 crore by the end of March.

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Rupee Slips Against Dollar, But Finishes Week With A Gain: 10 Points

The rupee closed 12 paise lower against the dollar on Friday, but managed to finish the week on a higher note. The rupee moved in a range of 69.10-68.53 against the greenback during Friday's session,...

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Gold Demand Subdued As Jewellers Defer Buying, Seen Improving In April

Gold imports in February fell 10.81 per cent from the same period last year to $2.58 billion, trade ministry data showed earlier this month.

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Formal Sector Employment Generation Hits 17-Month High: PF Body

The growth in addition in January was 131 per cent compared with 3.87 lakh in the corresponding period a year ago, according to the EPFO data. The net EPFO enrolment in January 2019 stood at 8,96,516...

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Which Form To Use For Filing Income Tax Return? Here Are Key Details

Meant for different types of taxpayers, such as salaried or self-employed individuals and companies, these income tax forms are known as ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, ITR-7 and ITR-V...

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Jet Airways Needs Infusion Of Around Rs 10,000 Crore: Report

The industry reaction comes even as the airline's case is being viewed by top government officials.

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Sensex Snaps Eight-Day Winning Streak Led By Declines In RIL, HDFC Bank

The BSE-benchmark index - S&P BSE Sensex snapped its eight-day winning streak led by declines in Reliance Industries, HDFC Bank, State Bank of India, Kotak Mahindra Bank and Maruti Suzuki. T

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SpiceJet Seeks Planes From Other Sources After Grounding Of 737 Max Fleet

SpiceJet Ltd said on Friday it was in talks with lessors globally to induct aircraft, in an effort to fill a gap after the grounding of its MAX fleet.

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Rupee Rises Against Dollar, Set To Finish Week Higher: 10 Things To Know

The rupee appreciated to as much as 68.53 against the dollar on Friday. Continued foreign fund inflows supported the rupee in the forex markets, say analysts. With that, the rupee was set to finish...

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Key Things To Know About Life Insurance Corporation Money Back Plan

Life Insurance Corporation (LIC), the country's largest life insurance company, offers few money back insurance plans among its life insurance products. One such insurance plan offered by the...

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Fitch Lowers India Growth Forecast To 6.8% For 2019-20

The 6.9 per cent estimate is a notch lower than a 7 per cent growth estimated by the Central Statistics Office (CSO) for the current fiscal year.

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Oil Hovers Below 2019 Highs Amid OPEC Supply Cuts, US Sanctions

Oil hovered slightly below 2019 peaks on Friday, propped up by ongoing supply cuts led by producer club OPEC and by US sanctions on Iran and Venezuela.

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Sensex, Nifty Erase Early Gains As Oil & Gas, Auto Shares Drag

The domestic equity benchmarks (Sensex and Nifty) erased early gains as oil & gas, energy, auto and banking shares came under selling pressure. The S&P BSE Sensex declined as much as 298 points from...

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SpiceJet Shares Surge On Heavy Trading Volumes

SpiceJet Ltd. surged as much as 14.24 per cent to Rs 104.70 on the BSE as trading volumes spiked in early hours.

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Sensex, Nifty Edge Higher; Bharti Airtel, NTPC Top Gainers

Sensex and Nifty edged higher led by gains in Larsen & Toubro, HDFC, ITC, NTPC and HDFC Bank.

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Gold Slips As Equities Gain On Robust US Data

Gold has risen 0.5 per cent so far this week and is on track for a third consecutive gain on a weekly basis.

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Asian Shares Firm After Solid US Data, Tech Sector Hopes

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.25 per cent while Japan's Nikkei gained 0.3 per cent.

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LPG Rates Revised Thrice So Far This Year: 10 Things To Know

LPG or liquefied petroleum gas prices were hiked earlier this month, marking the first increase in prices so far this calendar year. With effect from March 1, subsidised and non-subsidised LPG prices...

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Penalty Charges On Non-Maintenance Of Minimum Balance In SBI Account

SBI, the country's largest lender,categorises its accounts into four types depending on their location, namely metro, urban, semi-urban and rural.

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IL&FS Unit Misses Payment Due To "Insufficient Funds"

IL&FS Transportation Networks is a subsidiary of debt-laden Infrastructure Leasing and Financial Services Ltd (IL&FS), which the government took control of in October, citing the need to protect the...

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Post Office Small Savings Schemes Interest Rates Compared

From savings to fixed deposit and recurring deposit, the post office today offers several types of investment options to the retail customer. For the current quarter, the government provides interest...

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Tata Steel To Offer Packaging Assets For Thyssenkrupp Deal Nod: Report

The European Commission aims to wrap up its antitrust investigation into the tie-up of Tata Steel and Thyssenkrupp by May 13.

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You Can Withdraw From Your EPF Account In These Conditions

The retirement fund body, EPFO, also allows a 100 per cent withdrawal - or full withdrawal - in case the subscriber is unemployed for two months.

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GoAir Offers Domestic Flight Tickets From 2,765 Rupees

Under GoAir's offer, the cheapest flight ticket is available on Guwahati-Hyderabad route

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Reliance Jio Offers JioPhone At Rs 1,095 In Exchange Scheme, Details Here

Under Reliance Jio's scheme, if a customer buys Jiophone under the exchange offer, he/she gets benefits worth Rs 594

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Banks Want Jet Airways' Naresh Goyal To Cut Stake To 10%: Report

Jet has more than $1 billion in debt, and owes money to banks, suppliers, pilots and lessors, some of whom have started terminating leases with the airline

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Oil Hits 2019 Highs Amid OPEC-Led Supply Cuts

OPEC's crude oil output has slumped from a mid-2018 peak of 32.8 million barrels per day (bpd) to 30.7 million bpd in February.

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RIL Selling Fuels From India To Venezuela To Avoid US Sanctions

Reliance is among the biggest buyers of Venezuelan oil, although the company has recently said it has not increased crude purchases from Venezuela.

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US Federal Reserve Leaves Interest Rates Unchanged, Sees No Hikes In 2019

In terms of interest rates, the new Fed projections knocked the number of hikes expected this year to zero from the two forecast in December

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Jet Airways Crisis: 260 Pilots, Grounded Planes Lessors Approach SpiceJet

The apparent jostle of pilots to get out of Jet Airways comes as the airline's lessors offered 50 of its Boeing aircraft to SpiceJet.

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In 5 Weeks, Rupee Went From Asia's Worst-Performing Currency To Its Best

Foreigners bought a net $3.3 billion of shares through March 18, accounting for more than half the $5.6 billion of inflows year-to-date

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Check Out Latest Fixed Deposit (FD) Interest Rates Of Key Banks

Leading banks like State Bank of India (SBI), HDFC Bank, ICICI Bank, among others offer the option of opening a FD.

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Centre Mulls Providing Jet Airways Unused Airport Slots To Other Airlines

Cash-strapped Jet Airways, which is looking to raise fresh funds, has grounded at least 47 planes due to non-payment of lease rentals.

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National Pension System (NPS) Exit Rules Explained

NPS allows premature withdrawal from an account under certain conditions, according to pension regulator PFRDA's website - pfrda.org.in. NPS enables the subscriber to set his or her own choice for...

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Rupee Closes At 68.83 Against Dollar

At the Interbank Foreign Exchange (forex), the domestic currency opened lower at 69.11 a dollar and gained to touch the day's high of 68.72.

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Embassy Office Parks REIT Rs 4,750 Crore IPO Subscribed Over Two Times

Investors bid for about 175.8 million shares, or 2.47 times the 71.3 million on offer, stock exchange data showed.

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MSTC's Rs 226-Crore Public Offer Subscribed 1.5 Times

MSTC's share sale comes at a time when investors are taking a cautious stance ahead of general elections starting in April.

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How To Change Passenger's Name In IRCTC E-Ticket

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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Lenders Trying To Revive Jet Airways By Management Change: Report

Jet Airways is headed by Naresh Goyal, who currently holds 51 per cent stake. Abu Dhabi-based Etihad Airways has 24 per cent

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Axis Bank Revises Fixed Deposit (FD) 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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Income Tax-Saving Fixed Deposit: Return, Term, Other Key Details

From state-run State Bank of India (SBI) to private sector peers HDFC Bank and ICICI Bank, major commercial banks today pay interest at the rates of 6.25-7.25 per cent to the general public, and...

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SBI Chairman Says Bankruptcy 'Last Option' For Jet Airways: Report

SBI chairman Rajnish Kumar said that talks with Abu Dhabi-based carrier Etihad, Jet's largest shareholder, to secure a rescue deal are ongoing.

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Punjab National Bank Shares Rise After Nirav Modi's Arrest In London

Punjab National Bank rose as much as 4 per cent before closing 3.37 per cent higher at Rs 93.55 on the BSE.

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Amazon's Holi Offer: Here Are Top Deals, Discounts Available On Products

Amazon's Holi offer: Under the limited-period offer, discounts are available on smartphones, summer appliances, Holi related products, among others.

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SpiceJet In Talks To Lease Some Of Jet Airways' Grounded Planes: Report

Shares of SpiceJet rose as much as 7.2 per cent on Wednesday in their biggest percentage gain since December 18 as investors bet the airline could take advantage of Jet Airways' woes.

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Gold Prices Remain Unchanged: 5 Things To Know

Gold of 99.9 per cent and 99.5 per cent purities ruled flat at Rs 32,970 and Rs 32,800 per 10 gram, respectively

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Sensex, Nifty Take A Breather After Sven-Day Upmove

Gains in HDFC Bank, Infosys, HDFC, Larsen & Toubro and Sun Pharma were offset by losses in Hindustan Petroleum, Bharat Petroleum, Indian Oil, Zee Entertainment, ONGC and Tata Steel.

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Crisis-Hit Jet Airways Flies A Third Of Its Fleet, May Ground More Planes

The company has 41 planes available, according to a statement released by the Directorate General of Civil Aviation after it reviewed Jet Air's performance in New Delhi Tuesday.

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Foreign Investors Turn Net Buyers Of Asian Bonds In February: Report

Overseas investors purchased Malaysian bonds for the first time in four months, helped by a stronger ringgit and receding political tensions. They bought $1.12 billion worth of Malaysian bonds last...

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Link PAN With Aadhaar Soon To "Enjoy Seamless Income Tax Services Online"

The Income Tax Department also said the last date to link PAN with Aadhaar is March 31, 2019. The taxman has time and again urged the income tax assessee to finish the Aadhaar-PAN linking process by...

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All You Need To Know About LIC Pradhan Mantri Vaya Vandana Yojana

Life Insurance Corporation of India (LIC), the country's largest life insurance company, apart from insurance products also offers pension plans for senior citizens. LIC's Pradhan Mantri Vaya Vandana...

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Vodafone Idea Approves Terms For Rs 25,000 Crore Worth Rights Issue

The company will issue shares at Rs 12.50 apiece, it said in a statement.

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Nifty Holds 11,500 As Markets Move In A Tight Range: 10 Things To Know

Domestic equity benchmark moved in a range-bound manner on Wednesday amid lacklustre trade, as caution prevailed in Asian peers ahead of the US central bank's policy decision. The S&P BSE Sensex rose...

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Jet Airways Shares Decline Nearly 7% As Crisis Deepens

Jet Airways pilots union has also said that it seeks a proper roadmap from the airline by March 31 on paying their overdue salaries.

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Sensex, Nifty Edge Higher; Infosys Gains On Share Buyback Announcement

Sensex and Nifty were trading flat as gains in Infossys and HDFC were offset by losses in Reliance Industries and Kotak Mahindra Bank.

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Airlines Told To Raise Capacity To Keep Fares In Check

The government has already advised domestic airlines not to go in for predatory air fare pricing as several 737-MAX aircraft were grounded due to safety reasons in the wake of a plane crash in...

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Asian Shares Hold Near Six-Month High On Hopes Of Dovish Fed

Wall Street shares were narrowly mixed on Tuesday, with the S&P 500 losing 0.01 per cent and the Nasdaq adding 0.12 per cent.

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Foreign Institutional InvestorsPump In Over Rs 23,000 Crorein March

The healthy inflow of foreign funds during March 2019 comes second just to the inflow of Rs 26,473.17 crore seen in March 2017.

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This SBI Recurring Deposit (RD) Lets You Save For Vacation

SBI holiday savings account is generated in the name of the account holder as the account from which it is funded, according to the lender.

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RBI Governor Shaktikanta Das Says New Liquidity Tool Well Received

RBI last week said it will conduct a first such auction of $5 billion for a tenure of three years on March 26, to mop up dollars and pump in rupees.

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Aviation Regulator Reviewing Airfare Hike On Specific Routes: Official

DGCA held a meeting on Tuesday to discuss the upward spiral in airfares as Jet Airways continues to ground its aircraft

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Jet Airways Lessors Offer 50 Grounded Aircraft To SpiceJet: Report

Jet Airways is regularly grounding its aircraft as it is unable to pay the dues to its lessors.

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Rupee Breaks Six-Day Rally, Ends At 68.96 Against Dollar

At the forex market, the domestic currency opened at 68.53 a dollar and fell further to touch the day's low of 69.05.

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Here Are Fixed Deposit Interest Rates Of Key Lenders

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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Economists Raise Concerns Over Growth Slowdown With RBI Chief: Report

Neither RBI Governor Shaktikanta Das nor any RBI official from the monetary policy department gave any indication of their thoughts or views, as is typical in such big-group meetings. Slowing growth...

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Mindtree Rejects Hostile Bid From L&T, Calls Offer "Value Destructive"

L&T said late Monday it would buy a fifth of Mindtree for roughly $475 million and that it wanted to raise its stake to 66% spending Rs 10,730 crore

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GST Council Approves Transition Plan For New Tax Rates For Housing Units

The Council had in its last meeting on February 24, slashed tax rates for under-construction flats in affordable category to 1 per cent.

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Gold Prices Break 3-Day Losing Streak: 5 Things To Know

In Delhi, gold of 99.9 per cent and 99.5 per cent purity rebounded by Rs 140 each to Rs 32,970 and Rs 32,800 per 10 grams, respectively.

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IndiGo Announces New Flights, Offers Tickets From 1,999 Rupees

IndiGo's announcement comes amid high competition in the country's civil aviation sector, boosted by robust growth in passenger traffic registered over past few months.

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Sensex Rises For Seventh Straight Day, Nifty Settles Above 11,500

The S&P BSE Sensex matched its longest stretch of gains since December and the NSE Nifty Index closed above 11,500 for the first time since September 14, 2018. Foreign institutional investors continue...

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Centre Asks State-Run Banks To Save Jet Airways From Bankruptcy: Report

If the government's plan for Jet Airways succeeds, then banks including SBI and PNB as well as NIIF would together own at least a third of the airline

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Venezuela Suspends Oil Exports To India: Report

OPEC and other oil ministers are gathering in Baku, Azerbaijan.

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Government Calls For Emergency Meeting On Jet Airways: 10 Things To Know

The government on Tuesday called for an emergency meeting with Jet Airways' management to discuss compliance issues. The development comes on the back of the announcement by the airline to ground more...

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All You Need To Know About Reliance Jio's 1.5 GB, 2 GB/Day Data Packs

Reliance Jio Infocomm, which offers wireless telecom services under the brand name Jio, among its various recharge plans, offers high speed internet packs for usage of 1.5 GB and 2 GB of internet per...

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Goldman Sachs Upgrades India To 'Overweight' Amid Pre-Election Rally

Goldman Sachs expects India's NSE index to reach 12,500 level in the next 12 months, up from its previous target of 11,700.

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Opinion: Take A Bow, Ericsson, In How You Handled Anil Ambani Case

To see just how badly they have bungled RCom, consider the stinging rebuke the lenders received from an appeals judge at India's bankruptcy tribunal last week:

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Hyundai Motor, Kia To Invest $300 Million In Ola

The move follows the $275 million that the pair invested in Singapore-based ride-hailing firm Grab last year.

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L&T Buys 20.3% Stake In Mindtree For Rs 10,730 Crore

L&T will buy the stake from Cafe Coffee Day founder V.G. Siddhartha and companies related to him, Coffee Day Enterprises and Coffee Day Trading, L&T said late on Monday.

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Anil Ambani Group Shares Rally After Repayment Of Dues To Ericsson

Reliance Group companies surged after Reliance Communications repaid dues to Swedish telecom giant Ericsson a day before a Supreme Court deadline.

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Sensex, Nifty Edge Higher Led By Banking Shares

Sensex and Nifty edged higher but gains were capped as auto shares like Hero MotoCorp, Maruti Suzuki and Tata Motors came under selling pressure.

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Oil Hovers Near 2019 Highs On OPEC-Led Supply Cuts, US Sanctions

Oil prices hovered just below 2019 highs early on Tuesday, supported by ongoing supply cuts led by producer club OPEC.

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Asian Shares Steady Ahead Of Fed Meeting; May's Brexit Deal In Chaos

Asian shares treaded water on Tuesday ahead of a US Federal Reserve policy meeting, hovering near six-month highs, while sterling was choppy as the speaker of Britain's parliament banned another vote...

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Need More Time To Finalise Jet Rescue Deal, Says Naresh Goyal: 10 Points

Jet Airways chairman Naresh Goyal told the airline's pilots on Monday he needed "a further short time" to finalise a rescue deal for the cash-strapped carrier as the process is complex, reported news...

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RBI Officials Meet Bankers, Seek Feedback On New Liquidity Tool: Report

There were some speculations that the RBI had timed the move to also absorb potential bunched-up forex inflows at March-end.

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Tribunal Approves ArcelorMittal's Rs 42,000-Crore Bid For Essar Steel

The NCLT had approved the resolution plan on March 8 but the matter went to the appellate tribunal, following an appeal filed by Essar's promoters

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RCom Scraps Telecom Asset Sale To Reliance Jio

The companies ended the deal after failing to get approval from the telecoms regulator, objections from RCom's lenders and its decision to approach the bankruptcy court to resolve its debt, RCom said.

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Need More Time To Finalise Jet Airways Deal: Naresh Goyal To Pilots

Naresh Goyal also said that talks for the rescue deal with the airline's biggest shareholder, Etihad Airways, and lenders are ongoing.

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Hotel Leela Venture To Sell Assets To Brookfield For Rs 3,950 Crore

The company will sell four Leela hotels at Bengaluru, Chennai, Delhi and Udaipur and its property in Agra to Brookfield

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Anil Ambani's Reliance Communications Pays Rs 460 Crore To Ericsson

RCom owes a total Rs 571 crore to Ericsson, including a one-time settlement of Rs 550 crore and interest payments of Rs 21 crore.

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Sensex, Nifty Rise For Sixth Straight Day Led By Realty, Private Lenders

Domestic equity benchmark indexes logged in sixth straight day of gains led by buying interest in private sector lenders like HDFC Bank, Axis Bank, Kotak Mahindra Bank, ICICI Bank and IndusInd Bank.

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Gold Prices Fall Below 33,000-Rupee Mark: 5 Things To Know

In Delhi, gold of 99.9 and 99.5 per cent purity declined by Rs 280 to Rs 32,830 and Rs 32,660 per 10 grams, respectively.

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Petrol, Diesel Prices Revised: Check Fuel Rates Here

Petrol and diesel rates are decided on a daily basis by oil-marketing companies on the basis of the rupee-dollar rate and global crude oil prices.

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Key Things To Know About LIC New Jeevan Anand Plan

Life Insurance Corporation of India (LIC), the country's largest life insurance company, also offers endowment plans among its various insurance products. LIC's one such endowment product is LIC New...

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Jet Airways Grounds More Planes, Takes Total To 41

Jet Airways has delayed payments to its pilots, suppliers and lessors for months and defaulted on loans.

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Mindtree Shares Rise On Buyback Proposal Amid Report Of L&T Takeover

L&T will buy out VG Siddhartha's share and proceed with an open offer to public shareholders for Rs 7,000 crore, the report said.

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Sensex Down Over 300 Points From Day's High

The rupee appreciated past the 69 mark against the dollar for the first time in more than seven months.

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Dewan Housing Shares Rise; CFO Moved As Corporate Strategy Head

The management shuffle comes a month after chief executive Harshil Mehta resigned amid financial mismanagement allegations.

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Rupee Gains 18 Paise Versus Dollar To Strengthen Past 69 Per Dollar

Indian rupee rose against the dollar as it strengthened past 69 per dollar mark for the first time since August 2018.

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Sensex Surges 300 Points Higher, Nifty Hits 11,500; Rupee At 7-Month High

Domestic equity benchmarks surged along with the Indian rupee on the back of strong foreign fund inflows.

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Asia Shares, Bonds Underpinned As Fed Seen Accommodative

Asian shares pulled ahead on Monday while bonds were in demand globally on mounting speculation the US Federal Reserve will sound decidedly dovish at its policy meeting this week.

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SGX Nifty Indicates Positive Start For Indian Markets

The SGX Nifty or Nifty futures traded on Singapore Exchange rose 0.23 per cent or 26 points to 11,500.

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Centre Refers BSNL 4G Spectrum To Telecom Regulator: Report

BSNL has been seeking 5Mhz of 4G spectrum on 2100 Mhz band for which it had sent a proposal approved to DoT.

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Minimum Balance Rules Of Key Public, Private Banks Explained Here

Leading banks such as State Bank of India, Punjab National Bank, HDFC Bank and ICICI Bank have fixed their monthly average balance

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Markets Regulator Sebi Mulls Reducing Rights Issue Listing Time

In September last year, the Sebi decided on reducing the time to lists hares on the bourses after IPO to 3 days from the present 6.

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Fixed Deposit Interest Rates Offered By Small Finance Banks Compared Here

Small finance banks focus on financial inclusion by provision of savings vehicles and supply of credit to small business units

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LIC May Propose 3-5 Years Time For Stake Cut In IDBI Bank

LIC holds 51 per cent stake in IDBI Bank under a specific permission from Irdai, but under the condition that it will bring it down.

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Airlines Announce New Routes, Discounts On Flight Tickets

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

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Air India To Turn Financially Attractive Before Divestment: Suresh Prabhu

In 2018, the company failed to find any suitors during the last and the only attempt by the government to divest its stake in the airline business.

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Foreign Fund Flows, Rupee To Drive Equity Markets: Experts

On a weekly basis, the rupee strengthened by Rs 1.75 to close at Rs 69.10 against the US dollar from its previous week's close at Rs 70.85.

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Foreign Institutional Investors May Drive Markets To Fresh Highs: Experts

Institutional investment from abroad is especially significant as it not only is fruitful for equities but also for the currency.

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IDBI Bank Staff Seek Option To Shift To Other Banks: Report

In January, the Life Insurance Corporation (LIC) completed the process of picking up a controlling 51 per cent stake in IDBI Bank.

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Interest Rates Offered By Banks On Fixed Deposits Below Rs 2 Crore

Fixed deposits are of two types: with premature withdrawal facility and without premature without facility.

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Post Office Recurring Deposit (RD) Vs Monthly Income Scheme (MIS)

Interest rates on post office saving schemes move in line with the government's interest rates on small savings schemes.

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Railway Ticket Concession Rules: 10 Things To Know

Only one type of concession is admissible at a time at the choice of passenger and no person is allowed two or more concessions simultaneously.

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SBI Car Loan Scheme: Interest Rate, Maximum Amount Offered, Key Features

Country's largest lender State Bank Of India (SBI) offers 'new car loan scheme' with a repayment tenure of up to 7 years, according to its website- sbi.co.in. This type of loan can be used to buy all...

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GoAir Offers Flight Tickets From 1,699 Rupees

Bookings under the sale - valid for travel between March 16, 2019 and December 31, 2019 - can be made till March 19, 2019, GoAir said.

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Petrol, Diesel Prices Revised: All You Need To Know About Fuel Rates

Currently, the domestic prices of petrol and diesel vary from state to state, and are reviewed by oil marketing companies such as Indian Oil, Bharat Petroleum and Hindustan Petroleum on a daily basis.

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Rupee Ends At 69.10 Against Dollar

On a weekly basis, the domestic currency has added 104 paise.

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Jet Airways' Pilots Seek Government Help To Recover Dues: Report

The airline has defaulted on loans and has delayed payments to its pilots, suppliers and lessors for months. It is in talks with public sector banks for a rescue deal and emergency funds.

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Passengers Rage Over Disruptions At Embattled Jet Airways

Amid talks for a bailout led by state-run banks, lessors have forced the airline to ground at least 37 planes over non-payment of dues and some have also threatened repossession.

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State-Run E-Commerce Firm MSTC's IPO Fully Subscribed

The government, which owns an 89.85 per cent stake in MSTC, is aiming to sell up to 25 per cent of its share.

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Allahabad Bank To Raise Rs 500-600 Crore Next Fiscal

This comes close on the heels of its coming out from the prompt corrective action (PCA) framework of the Reserve Bank of India.

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India's February Trade Deficit Narrows To $9.60 Billion

Gold imports in February fell 10.81 per cent year-on-year to $2.58 billion, compared to $2.90 billion during the same month a year ago.

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Latest Fixed Deposit (FD) Interest Rates Offered By PNB, Bank Of Baroda

Some fixed deposits come with a premature withdrawal facility while some require a compulsory lock-in period.

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Gold Prices Fall On Weak Demand From Jewellers

Traders said gold faltered as buying by local jewellers saw a dip, though a positive trend overseas capped the fall.

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Reliance Jio Vs Airtel Vs Vodafone: 2 GB Per Day Data Plans Compared Here

Bharti Airtel, Vodafone Idea and Reliance Jio are offering internet recharge packs starting at Rs 198 for 2 GB of internet data per day. Aggressive pricing of mobile data by billionaire Mukesh...

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Some Lessors To End Deals With Jet Airways: Report

Jet Airways has delayed payments to its pilots, suppliers and lessors for months and defaulted on loans after racking up over $1 billion in debt.

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Sensex, Nifty Rises For Fifth Day In A Row Led By IT, Banking Shares

The S&P BSE Sensex and NSE Nifty 50 Index rose for a fifth day in a row led by a rally in banking and information technology heavyweights like Kotak Mahindra Bank, Tata Consultancy Services, HDFC...

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Public Sector Banks May Raise Own Capital Till June: Report

In February, the government approved Rs 48,239 crore recapitalisation bonds for 12 PSBs.

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Sensex, Nifty On Track To Clock Five-Day Winning Streak Led By Banks

Domestic equity benchmarks (the S&P BSE Sensex and NSE Nifty 50 Index) were on track for a fifth straight day of gains led by a rally in banking and information technology heavyweights like Kotak...

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LIC Jeevan Shanti Policy: Premium, Pension And Other Details Here

LIC Jeevan Shanti plan is a single premium plan wherein the policy holder has an option to choose an immediate or deferred annuity, according to LIC's website - licindia.in. The annuity rates are...

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IndiGo Adds New Flights, Offers Tickets From Rs 2,073

IndiGo currently has a fleet of over 200 aircraft including Airbus A320 and 12 ATR aircraft.

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What Is Petrol Price In Your City Today? Check Fuel Cost Here

Petrol and diesel prices are determined broadly by the rates of crude oil overseas and rupee-dollar rate in the forex market.

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Fares Skyrocket in Fastest-Growing Market on Boeing 737 Max Ban

Average fares on 14 main routes jumped more than 65 per cent on Thursday, compared with a year ago, data from online travel agent Yatra.com showed.

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Chief Economic Adviser Says Election Won't Stop Reforms

Mr Subramanian cited the global slowdown and trade tensions as risks to economic growth, which is seen at 7 per cent in the year to March 31.

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Rupee Moves Higher To 69.14 Against Dollar

The rupee opened at 69.28 at the forex market, then gained further ground and touched 69.14, displaying gains of 20 paise over its last close.

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Sensex Rises Over 200 Points, Nifty Above 11,400

Share markets on Friday: Heavyweights ICICI Bank, Kotak Mahindra Bank, HDFC Bank, Reliance Industries and IndusInd Bank contributed the most to the advances on the Sensex.

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Recall Rs 2,300-Crore Loans From Singh Brothers, Others: Sebi To Religare

Besides, the Singh brothers have been asked not to associate themselves with the affairs of REL and RFL till further directions.

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Post Office Offers National Pension System: 5 Things To Know

Post office NPS account: Customers get an additional tax benefit up to Rs. 50,000 for investment in NPS

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Etihad Airways Reports $1.28 Billion Loss In 2018

Revenue fell nearly 4 per cent to $5.86 billion last year, compared with the $6.1 billion it reported for 2017.

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Rupee Closes At 7-Month High Against Dollar

Rupee in the four sessions to Thursday has appreciated by 80 paise or 0.8 per cent on hopes of forex inflows.

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India's Oil Imports From Iran Slump 60% In February: Report

India's February imports from Iran were about 4 per cent lower than January's purchases, the data showed.

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SBI ATM Card Rules: Cash Transaction Charges, Other Details

The user can register for IMPS or Inter-mobile Mobile Payment System service at State Bank of India ATMs.

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Government May Order Management Change In Essar Steel: Report

The move comes even as a fresh petition was filed before NCLAT by Essar executives seeking to set aside ArcelorMittal's winning bid approved by NCLT

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

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

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Gold Prices Edge Lower: 5 Things To Know

In Delhi, gold of 99.9 per cent and 99.5 per cent purity dropped by Rs 15 each to Rs 33,370 and Rs 33,200 per 10 grams, respectively.

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Sensex, Nifty End Little Changed; IT Stocks Fall, Realty Shares Gain

Sensex and Nifty ended today's volatile session on a flat note as gains in IndusInd Bank, Kotak Mahindra Bank, HDFC and NTPC were offset by losses in ICICI Bank, Reliance Industries, Power Grid and...

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Airfares Jump Over 100% As Airlines Cancel Flights: Report

Operations of airlines like SpiceJet and Jet Airways have been hit due to the government's Wednesday decision to join a global grounding of 737-MAX aircraft following a crash in Ethiopia.

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Reliance Infra To Sell Toll Road Project Stake For Rs 3,600 Crore

Reliance Infrastructure Ltd said on Thursday it signed an agreement to sell its stake in special purpose vehicle (SPV) Delhi-Agra (DA) Toll Road.

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Investors Turn Bullish On Rupee, Long On Most Asian Currencies: Poll

Foreign inflows into domestic equities and debt markets have surged, with $1.78 billion pouring in this month as of March 12.

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Rupee Weakens On RBI's Dollar-Rupee Swap Auction

The rupee weakened to 69.68 to the dollar, while the one-year dollar/rupee forward premium fell to 3.63 from 3.89.

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Sensex, Nifty Erase Gains As IT, FMCG Shares Fall

Sensex and Nifty gave up gains and were trading in the negative territory as selling pressure in HDFC Bank, ICICI Bank, Tata Consultancy Services, ITC and HCL Technologies weighed on the benchmark...

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"Renouncing World Good For You, Not Us," Court Tells Ranbaxy Ex-Promoters

The Supreme Court on Thursday asked former promoters of Ranbaxy and Fortis Healthcare Malvinder Singh and Shivinder Singh to be in court on March 28 after consulting their advisors on how they will...

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Wholesale Inflation Rises To 2.93% In February

Inflation in the month of February quickened on the back of jump in the prices of food and fuel products, after falling to a 10-month low in January.

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Petrol, Diesel Prices: Here's All You Need To Know About Fuel Rates Today

As per the country's dynamic pricing mechanism, the domestic fuel prices depend upon international fuel prices on a fifteen-day average and the value of the rupee

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Crude Oil Prices Hit 2019 Highs Amid Supply Cuts

An unexpected dip in US crude oil inventories and production also lifted prices, traders said.

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Philip Morris Says Godfrey Phillips Charges Machinery Costs: Report

Six invoices issued by Godfrey showed billing of Rs 4.55 crore ($644,200) to Philip Morris between December 2013 and January 2018 for manufacturing-related charges.

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Rupee Moves Lower To 69.78 Against Dollar

INR vs USD: Forex dealers said, strengthening of the American currency in overseas market weighed on the domestic currency.

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Sensex Rises Over 150 Points, Nifty Above 11,350

Heavyweights HDFC, HDFC Bank, Reliance Industries, Kotak Mahindra Bank and Infosys contributed the most to the advances on the Sensex.

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Post Office Offers Recurring Deposit Account: 10 Things To Know

The post office recurring deposit account offers an interest rate of 7.3 per cent per annum, which is compounded quarterly.

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Adani Group To Pay Over Rs 3 Lakh Crore For Running 6 Airports

Adani Enterprises will look after the operation and management of the airports, currently run by the AAI, for 50 years.

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Vistara Gets Government Approval To Fly Overseas

In June, the airline met the requirement of owning a fleet of more than 20 jets, needed to fly internationally

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Rupee Closes Higher At 69.54 Against Dollar

This was the best closing level for the rupee since January 1 this year, as it ended that day at 69.43.

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Indian Railways Announces Special Trains: Routes And Other Details

Additionally, Railways will also run special trains between Bathinda-Varanasi, Anand Vihar Terminal-Lucknow routes, among others.

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Azim Premji Pledges Wipro Shares Worth Rs 52,750 Crore For Philanthropy

With his new commitment, Azim Premji's total contribution to the philanthropic endowment corpus is Rs 145,000 crore ($21 billion).

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SBI Loan Against FD: How To Avail, Interest Rate, Other Features

The minimum loan amount for availing online overdraft against fixed deposit (FD) is Rs 25,000. The maximum overdraft limit which can be availed online against fixed deposit is Rs 5 crore.

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Gold Prices Increase On Firm Global Cues: 5 Things To Know

In Delhi, gold of 99.9 per cent and 99.5 per cent purity rose by Rs 235 to Rs 33,385 and Rs 33,215 per 10 gram, respectively.

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Sensex, Nifty Rise For Third Day In A Row Led By Banks

In the last three sessions, Sensex has climbed 2.94 per cent and the Nifty 50 index has risen 2.78 per cent.

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Jet Airways Offers Domestic Flight Tickets From 1,165 Rupees

Jet Airways is also offering an additional 10 per cent off on flight bookings for more than 4 or more passengers traveling together.

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Sensex, Nifty Set For Third Day Of Gains Led By Banks

In the last two sessions, Sensex has advanced 2.35 per cent and Nifty has surged 2.41 per cent.

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India Post Internet Banking: How To Register And Other Key Details

POSB account holders can also transact, open, close an RD account and fixed deposit (FD) accounts via the India Post internet banking facility.

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Facebook Hubs To Nurture Start-Ups In India

Facebook has partnered with co-working space provider 91springboard for a year-long programme

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Reliance Jio 2GB/Day Data Packs: Prices, Benefits, Other Details Here

Reliance Jio recharge plans being offered for 2GB of high speed internet data are priced between Rs 198-Rs 498 and come with a validity of up to 28 days and 91 days respectively.

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Here Are The Fixed Deposit (FD) Interest Rates Of Top Banks

Customers are required to park their funds until a pre-determined period in FD account and then they can earn attractive interest rates on the same.

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Government Grounds Boeing 737 MAX Planes; Jet, SpiceJet Shares Fall

Government is grounding US planemaker Boeing Co's 737 MAX aircraft immediately, the ministry of civil aviation said late on Tuesday, following the fatal crash of a plane of the same type in Ethiopia...

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IndiGo Offers Jobs To Jet Airways' Pilots: Report

Regarding shortage of pilots, IndiGo said it has an internal upgrade programme in place and is able to upgrade pilots in sufficient manner.

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How Much You Pay For Petrol, Diesel Today

As per the country's dynamic pricing mechanism, the domestic fuel prices depend upon international fuel prices on a fifteen-day average and the value of the rupee.

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Rupee Edges Higher Against Dollar

The rupee opened at 69.71 at the forex market then gained further ground and touched 69.63, displaying gains of 8 paise over its last close.

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Sensex Rises Over 100 Points Amid Choppy Trade

The Nifty50 barometer of the National Stock Exchange moved in a range of 11,327.85 and 11,287.65, logging a swing of 40.2 points compared with its previous close of 11,301.20.

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Uday Kotak's Wealth Grows Amid Tussle With RBI: Report

The founder of Mumbai-based Kotak Mahindra Bank has seen his wealth nearly triple since March 2014

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Retail Inflation At 2.57% In February, Here's What Experts Say

Analysts polled by Reuters had forecast February's annual increase in the consumer price index at 2.43 per cent.

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RBI Could Cut Rates Again Despite Inflation Picks Up In February

On April 4, the Reserve Bank of India's Monetary Policy Committee (MPC) is widely expected to cut the benchmark repo rate for the second straight meeting.

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Jet Airways Grounds Four More Planes, Takes Total To 32

With debts of more than $1 billion, the carrier has defaulted on loans and has not paid pilots, leasing firms and suppliers for months.

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Rupee Closes At Over 2-Month High Against Dollar

According to provisional exchange data, FPIs put in Rs 2,477 crore on a net basis in capital markets on Tuesday.

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Core Inflation Seen At 5.3-5.4% In February

Annual retail inflation picked up in February to 2.57 per cent

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Consumer Inflation Rises To 2.57% In February

Consumer inflation stood at a provisional 2.57 per cent in February,government data showed on Tuesday.Consumer inflation in January was revised downwards to 1.97 per cent from 2.05 per cent, according...

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Want To Invest In SBI Deposit Schemes? Here Are Your Options

Interest rates on fixed income instruments such as FD vary from one bank to another, depending on factors such as maturity period and amount of deposit.

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IPO Market Sees Greenshoots, But Revival Unlikely Until Election

Embassy Office Parks REIT's IPO consisting of a fresh issue worth up to Rs 5,250 crore, India's first real estate investment trust listing, will open on March 18, the company said on Tuesday.

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Gold Prices Fall On Low Demand: 5 Things To Know

In Delhi, gold of 99.9 per cent and 99.5 per cent purities slumped Rs 100 each to Rs 33,150 and Rs 32,980 per 10 grams, respectively.

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Sensex Surges 482 Points, Nifty Reclaims 11,300 On Foreign Fund Buying

The foreign portfolio investors bought shares worth Rs 3,810.60 crore in Monday's session, according to provisional data on the National Stock Exchange.

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GoAir Offers Domestic Flight Tickets From 1,199 Rupees, Details Here

Under GoAir's offer, the cheapest flight ticket is available on Bengaluru-Nagpur route starting at an all-inclusive price of Rs. 1,199

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Rupee Hits Two-And-A-Half Months High As Inflows Surge

The rupee rose as high as 69.56 per dollar, its strongest since January 2 and 0.47 per cent firmer than Monday's close of 69.89.

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Petrol, Diesel Prices Drop Today; Check Fuel Rates Here

Currently, state-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum review petrol and diesel prices on a daily basis.

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Bharti Airtel To Lower Direct Stake In Infratel To 18.3%

Airtel will own an 18.3 per cent stake in Infratel after the transfer, down from its current stake of 50.33 per cent.

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Rupee Moves Higher To 69.64 Against Dollar

At the forex market, the rupee opened at 69.73 against the dollar and advanced to 69.64, showing a rise of 25 paise over the previous close.

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Sensex Rises Over 250 Points, Nifty Above 11,200

Share markets on Tuesday: Heavyweights Reliance Industries, HDFC Bank, ICICI Bank and HDFCcontributed the most to the advances on the Sensex.

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Penalty Charges Levied By Banks For Non-Maintenance Of Minimum Balance

Monthly Average Balance (MAB) is the sum of all the end of day (EOD) closing balance divided by the number of days in that month.

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Jet Airways Chairman Naresh Goyal Seeks Rs 750-Crore Funding From Etihad

Etihad Airways' board is meeting in Abu Dhabi to discuss the resolution plan for Jet Airways. The Gulf-based carrier holds 24% stake in the airline.

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Essar Promoters Move Tribunal Against ArcelorMittal Bid Order

On Friday, the Ahmedabad Bench of the bankruptcy court cleared ArcelorMittal's Rs 42,000 crore resolution plan for acquiring Essar Steel.

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Indian Railways Ticket Cancellation: Rules, Charges And Other Details

IRCTC does not grant a refund on cancellation of confirmed Tatkal tickets

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Bad Loan Build-Up Clouds Emerging Share Market Picture: Experts

In India, banks had been under pressure to clean up a $190 billion pile of soured loans.

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Rupee Rises By 25 Paise To End At 69.89 Against Dollar

Forex traders attributed the rupee rise to growing support for the current government in the upcoming general elections.

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Five Home Loan Products Offered By State Bank Of India (SBI)

Home loan is a product, where customers take loan to buy or renovate house against the same property as collateral.

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Jeans Maker Levi Strauss IPO Expects To Raise As Much As $587 Million

The company expects to offer 3.67 crore shares priced between $14 and $16, giving it a market value of about $6.17 billion, at the higher end of the range.

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Chance For RBI To Recover Lost Reserves As Rupee Gains: Experts

Foreign exchange reserves stood at $401.78 billion as against $393.13 billion in November last year.

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Godfrey Phillips Says Not Violating Foreign Investment Rules: Report

On Monday, Godfrey told National Stock Exchange "the suggestion of alleged violation of the FDI laws of the country is completely misconceived and misplaced".

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Gold Prices Gain By 100 Rupees: 5 Things To Know

In Delhi, gold of 99.9 per cent and 99.5 per cent purities recovered by Rs 80 each to Rs 33,250 and Rs 33,080 per 10 gram, respectively.

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Sensex, Nifty Surge To Highest Level In Nearly Six Months

Domestic equity benchmarks rose to their highest levels since the third week of September as foreign portfolio investors continue to buy shares in Indian equity markets.

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Airlines Announce New Routes, Discounts On Flight Tickets, Details Here

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

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Airlines Announce New Routes, Discounts On Flight Tickets, Details Here

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

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Sensex Surges Over 350 Points, Reclaims 37,000; Bharti Airtel Gains 5%

Domestic equity benchmarks held on to gains led by buying in bluechip stocks like Reliance Industries, ICICI Bank, NTPC, State Bank of India, Bharti Airtel and Power Grid. The S&P BSE Sensex rose as...

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Petrol Prices Edge Higher, Diesel Rates Fall, Here's All You Need To Know

Currently, state-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum review petrol and diesel prices on a daily basis.

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Rupee Moves Higher To 69.99 Against Dollar

Foreign institutional investors (FIIs) remained net buyers in the capital markets, putting in Rs 1,095.06 crore on Friday, as per provisional data.

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Reliance Jio Long Term Recharge Packs: Prices, Benefits, Details Here

Reliance Jio Infocomm which offers wireless telecom services under the brand name Jio, apart from its regular offerings, also gives its users long term recharge packs starting from Rs 999 to Rs 9,999.

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India Targets Saudi Investment In Strategic Oil Storage

India is seeking investment from Saudi Arabia to build emergency crude reserves that will act as a buffer against volatility in oil prices and supply disruptions for the third-largest oil consumer.

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Sensex, Nifty Move Higher Paced By Gains In ONGC, Reliance Industries

Indian equity benchmarks moved sharply higher pace by gains in ONGC, Reliance Industries, Coal India, State Bank of India and Hero MotoCorp. The S&P BSE Sensex rose as much as 259 points or 0.70 per...

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SGX Nifty Indicates Weak Opening For Indian Markets; Tata Motors In Focus

Tata Motors will be in focus after its wholesales including Jaguar Land Rover stood at 1,10,262 units in February.

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Asian Shares Decline As US Jobs Data Clouds Global Outlook

The US economy created only 20,000 jobs in February, the weakest reading since September 2017. As a result, bond yields dropped, with the 10-year Treasuries yield hitting a two-month low of 2.607 per...

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Next Government Should Lower Corporate Tax: Industry Body

Currently, the corporate tax for companies with turnover of up to Rs 250 crore is 25 per cent

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Want To Open A Zero Balance Savings Account? Here Are Your Options

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

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Resolutions Of Binani Cement, Essar Steel Within Rules: Bankruptcy Board

The Ahmedabad bench of NLCT approved the ArcelorMittal's Rs 42,000 crore resolution plan, rejecting the Ruias settlement offer of Rs 54,389 crore.

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Fixed Deposit Interest Rates Paid By Key Lenders

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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RBI May Bar Dual Functions Of Rating Agencies: Report

The changes have become imperative post the IL&FS fiasco where the role of rating agencies came into question.

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SBI Annuity Deposit Scheme: Interest Rates, Other Features Explained Here

SBI annuity deposit scheme: The rate of interest is same as applicable to the fixed deposit account of the term opted by the depositor.

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Macro Data, Global Growth Concerns To Impact Equity Indices: Experts

The provisional figures from the stock exchanges showed that during last week, FIIs bought scrip worth Rs 4,313.99 crore.

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Closely Monitoring Situation At Jet Airways: Suresh Prabhu

Recently, Jet Airways reported Rs 587.7 crore as standalone net loss for the third quarter ended December 31, 2018.

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Want To Invest In Post Office Saving Schemes? Here Are 10 Things To Know

Interest rates on post office saving schemes move in line with the government's interest rates on small savings schemes.

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SBI Senior Citizen Savings Scheme: Interest Rate And Other Features

According to SBI, a depositor can open the SCSS account either in individual capacity or jointly with spouse.

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Gold Prices Drop On Muted Demand: 5 Things To Know

Sovereign gold, however, remained flat at Rs 26,400 per piece of eight grams.

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GoAir Offers Flight Tickets From 1,199 Rupees

Bookings under the sale - valid for travel till October 16, 2019 - can be made till March 11, 2019, GoAir said on its website.

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FD Interest Rates Paid By Major Banks On Deposits Below 2 Crores

According to financial experts, investing in fixed deposit is secure because the returns on FD are fixed across predetermined, specific periods of time.

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Vistara Announces New Flights, Offers Tickets From 2,399 Rupees

Vistara's announcement comes amid high competition in the country's civil aviation sector.

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SBI To Link Key Pricing Decisions On Saving Deposits To Repo Rate Of RBI

According to the lending major, the step is in order to address the concern of rigidities in the balance sheet structure and for quick transmission of changes in RBI's policy rates.

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RBI Slaps Penalties On 36 Banks For Non-Compliance Of SWIFT Norms

The banks include, Bank of Baroda, City Union Bank, HSBC, ICICI Bank, SBI and YES Bank.

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Mutual Funds See Over Rs 20,000 Crore Outflows In February

Liquid or money market contributed to the largest chunk of the outflow. It saw an outflow of Rs 24,509 crore in comparison to the inflow of Rs 58,637 crore in January.

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Azim Premji Trust Sells Over 2.66 Crore Wipro Shares On BSE

On Thursday, Azim Premji Trust sought pre-clearance for selling equity shares of the company. It was granted permission the same day, Wipro said in a regulatory filing.

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Court Approves ArcelorMittal's Rs 45,000 Crore Essar Steel Takeover Plan

NCLT on Friday approved AreclorMittal's Rs 45,000 crore resolution plan for the insolvent Essar Steel.

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Gold Flips To Premium For First Time In More Than Three Months: Report

Gold futures in the country fell to Rs 31,777 per 10 grams on Thursday, the lowest level since January 9.

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Common Mistakes To Avoid While Using Credit Cards

Credit cards offered by various banks are a useful option for individuals to meet their financial needs. However, misuse of credit cards by non-payment or late payment of dues can have negative...

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Rupee Snaps 3-Day Winning Streak, Closes At 70.14 Against Dollar

On a weekly basis, however, the domestic currency logged 78 paise gains.

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Reliance Plans Major Expansion Of Fashion Store Business: Report

The expansion plan should allow Reliance Trends, which sells accessories as well as clothing, to rapidly grow its private labels - the retailer's own brands - the sources said.

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Enforcement Directorate Investigating Philip Morris, Godfrey Phillips: Report

Philip Morris has for years paid manufacturing costs to Godfrey Phillips to make its Marlboro cigarettes, circumventing a nine-year-old government ban on foreign direct investment in the industry.

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Gold Prices Rise On Renewed Demand: 10 Things To Know

Fresh buying from jewellers amid firm trend overseas led to the strengthening of the yellow metal, traders said.

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Why Hire A CFA Charter-Holder?

Indian talent has been much acclaimed all over the world and the upcoming talent pool is expected to play an even more important role in growing the world economy.

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Savings Accounts For Women: Interest Rates Of Key Banks Compared

A savings account is a basic account that keeps customers' money safe and helps them grow their savings moderately.

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Sensex, Nifty Halt Four-Day Winning Streak As Metal, IT Shares Fall

Sensex and Nifty snapped their four-day winning streak on the back of weak global markets.

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Jet Airways Planes To Be Redeployed If No Restructure Agreed This Month

The grounding of nearly one-quarter of the airline's fleet has led to the cancellation of hundreds of flights and complaints from customers on social media.

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Why Are Ethics Important In The Finance Industry?

Since their creation in the 1960s, the Code and Standards have signposted the integrity of CFA Institute members and served as a model for measuring the ethics of investment professionals globally,...

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SBI Home Loan: Interest Rates, Eligibility, Key Features

Under regular SBI home loans, interest rates for women are slightly lower than that for others.

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Sensex Falls Over 100 Points, Nifty Slides Below 11,050

Top laggards on the 50-scrip benchmark index were Wipro, Hindalco, HCL Tech, Indian Oil, ONGC and Vedanta.

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Experience Criteria Restricted Us From Getting Competitive Bids: AAI

In the recent privatisation bid for six Airports Authority of India (AAI)-run airports in major state capitals, which was won by ports major Adani Enterprises, the government for the first time...

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Jet Airways Grounds Three More Planes, Takes Total To 28

With debts of more than $1 billion, the carrier has defaulted on loans and has not paid pilots, leasing firms and suppliers for months.

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Gold Prices Fall By Rs 360 On Subdued Demand: 5 Things To Know

Subdued demand from local jewellers and weak trend overseas led to fall in gold prices on Thursday, traders said.

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Looking To Invest Your Money? Here Are 10 Options You May Choose From

From fixed income instruments like fixed deposits (FDs) and recurring deposits (RDs) as well as mutual funds - there are options galore which can help one in increasing wealth.

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Infosys To Deliver Digital Services To Rolls-Royce

UK-based automobile and aerospace major Rolls-Royce has selected Infosys as a strategic long-term partner to deliver engineering and digital services.

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Volkswagen India Says Will Contest NGT's Rs 500 Crore Penalty: Report

In January NGT fined Volkswagen Rs 100 crore in a separate case relating to excess emissions of nitrogen oxide, a smog-forming pollutant linked to lung and heart disease.

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Businesses Need To Pay Up To Rs 20 For Using Aadhaar Services: UIDAI

The UIDAI source said with a nominal cost for each eKYC transaction entities would still be saving on Know Your Customer (KYC) cost while serving people with ease.

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Rupee Rises For Third Day, Closes At 70 Against Dollar

Forex traders said optimism regarding a trade deal between the US and China and weakening of the greenback versus other currencies overseas also supported the rupee.

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This Global Brokerage Sees Sensex At 42,000 By December

Fundamentals of Indian markets are indicating the start of a new up-cycle while the valuations are at a mid-cycle, Morgan Stanley said in a report.

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Sensex, Nifty Rise For Fourth Day In A Row Led By Larsen & Toubro, ITC

Domestic equity benchmarks rose for a fourth day in a row led by ITC, HDFC Bank, Larsen & Toubro and Axis Bank.

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India Wants To Keep Iran Oil Purchases At 3,00,000 Barrels/Day: Report

India has reduced its purchases of Iranian oil but has been in talks on extending its sanctions waiver, a senior official said in January.

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Cabinet Approves Plan To Revive Stressed Thermal Plants

While the Bihar power plant would cost Rs 10,439 crore ($1.49 billion), the one in Uttar Pradesh would be built with an investment of Rs 11,089 crore.

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Need 1.5 GB/Day Data? Here's A Comparison Of Jio, Vodafone, Airtel Packs

Telecom companies Reliance Jio, Vodafone Idea and Bahrti Airtel are offering 4G internet packs with recharge options of as low as Rs 149 for their customers. Internet recharge plans are being given by...

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Government Simplifies Process For Stake Sales Of State-Run Companies

The government was forced to shelf plans to sell national airline Air India last year after failing to attract a single bidder.

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Cabinet To Give Extra Rs 3,300 Crore To Help Sugar Mills: Arun Jaitley

The diversion of sugarcane for ethanol production will help cut sugar output, which in turn, will improve financial health of sugar mills that have been saddled with losses.

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Sensex Reverses Early Gains, Nifty Gives Up 11,050

Top laggards on the 50-scrip index were Indiabulls Housing Finance, Vedanta, Wipro, Yes Bank and Indian Oil.

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Service Charges Levied By State Bank Of India For Different Facilities

For SBI customers, there are no account opening and closure charges, according to the website of the lender.

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Rupee Gains By 33 Paise To Cross 70 Mark Against Dollar: 10 Points

The rupee advanced by over 30 paise against the dollar to move above the 70 mark on Thursday. That marked the first time in about two months the rupee traded in 69 levels against the dollar in...

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Bharti Airtel Says Promoters Will Take Part In Rights Issue

Singtel will subscribe to 17 crore shares in the Airtel's rights issue for a total consideration of Rs 3,7500 crore, the Singapore-based company said.

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Sensex Rises Over 100 Points, Nifty Holds 11,050

Top Nifty gainers were PowerGrid, Hindustan Petroleum, Bharti Infratel, Reliance Industries and GAIL.

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EPF Vs GPF: Interest Rates, Contribution And Other Details

Last month, Employees' Provident Fund Organisation increased the interest rate on EPF to 8.65 per cent for the current financial year.

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US Trade Deficit Hits 10-Year High In 2018

The Commerce Department said that an 18.8 per cent jump in the trade deficit in December had contributed to the $621.0 billion shortfall last year.

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Jio Propels Mukesh Ambani To 13th Spot In Forbes' Billionaire List

Mukesh Ambani is now worth $50 billion -- up from $40.1 billion in 2018 when he was at the 19th spot on the billionaires' list.

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Ramping Up Exports Will Bring Up Workers' Wages In India: Report

India's share of world exports is 1.7 per cent, while it buys 2.5 per cent of global imports, according to the World Trade Organization.

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All You Need To Know About SBI National Pension System (NPS)

NPS is a defined contribution pension system introduced by the Government of India as a part of pension sector reforms, said SBI.

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Richest Indians Prefer Buying Properties In US, UK, Says Knight Frank

Ultra-high-net-worth individuals or some of the richest people in India are buying properties abroad, according to the Attitudes Survey conducted by global real estate consulting firm Knight Frank....

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Rupee Closes At 70.28 Against Dollar

On Tuesday, the rupee had rebounded by 43 paise to finish at 70.49 against the US dollar.

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Gold Prices Fall Over 1,200 Rupees In 5 Sessions: Key Things To Know

In Delhi, gold of 99.9 per cent and 99.5 per cent purities dropped by Rs 20 to Rs 33,430 and Rs 40 to Rs 33,260 per 10 grams, respectively

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Opinion: How Tata Can Keep Its Hold on Jaguar Land Rover

Investors' concerns haven't fully dissipated, and that shows the problem with the sprawling Tata Group's structure.

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Sensex, Nifty End Higher For Third Straight Day Led By RIL, ICICI Bank

Sensex and Nifty rose for third session in a row mirroring gains in other Asian markets.

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IndiGo, GoAir Announce Discounts On Flight Tickets, Details Here

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

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Fixed Deposit Interest Rates Offered By Banks, Corporates

The interest rates offered on company fixed deposits are higher than those on bank fixed deposits.

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DHFL Surges After Independent CA Firm's Report On Cobrapost Allegations

Dewan Housing Finance Corporation Ltd. surged as much as 20 per cent to Rs 160.80 on the BSE after an independent chartered accountant firm T. P. Ostwal & Associates LLP gave clean chit to DHFL...

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DHFL Surges After Independent CA Firm's Report On Cobrapost Allegations

Dewan Housing Finance Corporation Ltd. surged as much as 20 per cent to Rs 160.80 on the BSE after an independent chartered accountant firm T. P. Ostwal & Associates LLP gave clean chit to DHFL...

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Wipro Shares Surge Nearly 5% On Going Ex-Bonus

Wipro Ltd. rose as much as 4.65 per cent to Rs 285.40 on the BSE after it went ex-bonus in the ratio of one bonus share for every three shares held.

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Pradhan Mantri Shram Yogi Maan-Dhan: Pension, Contributions, Details Here

Prime Minister Narendra Modi launched Pradhan Mantri Shram Yogi Maan-Dhan Yojna (PM-SYM) on Tuesday. The PM-SYM, a pension scheme for unorganized workers is being implemented for an estimated 42 crore...

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Jio Offers Unlimited 4G Data Vouchers From 11 Rupees, Details Here

With the 4G voucher packs, users can continue accessing high-speed 3G or 4G data even beyond the limit, according to Jio.

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Post Office 15-Year Public Provident Fund Account: Key Things To Know

PPF or 15-year Public Provident Fund is one among various types of small savings schemes offered by government. A Public Provident Fund account offers a return of 8 per cent per annum at present, and...

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Rupee Edges Lower Against Dollar

Forex dealers said strengthening of the dollar in the overseas market weighed on the rupee.

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Sensex Rises Nearly 200 Points, Nifty Hits 11,050

Top gainers on the 50-scrip index were Indiabulls Housing Finance, Hindustan Petroleum, Wipro, ITC and Indian Oil.

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Frontiers Of Technology For Greater Good

The three-prong transformation of consumers, government and industry has far reaching economic consequences.

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RBI Fines 19 Banks For Non-Compliance On SWIFT System Use

The RBI imposed the fines over the past four days, according to stock exchange filings by the banks, though specifics of the non-compliance were not disclosed.

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GoAir Offers Flight Tickets From 1,199 Rupees, Details Here

GoAir's sale is valid for travel between March 8, 2019 and October 16, 2019.

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Corporate Tax Could Be Cut On Better GST Collections: Industry Body Ficci

The government has assured to reduce corporate tax to 25% from 30% once GST collections improve, said industrialists who met Finance Minister

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Rupee Rises By 43 Paise To Settle At 70.49 Against Dollar

Foreign investors put in Rs 751.92 crore on a net basis in capital markets on Tuesday, provisional exchange data showed.

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How Much LPG Cylinder Prices Have Changed So Far This Year

In Delhi, while the subsidised LPG costs Rs 2.08 per cylinder more to the consumer this month, the price of non-subsidised LPG has been increased by Rs 42.50 per cylinder, according to Indian Oil...

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Here's How Much IRCTC Charges On Making Payments Through Net Banking

IRCTC Transactions: One can make payments through different platforms such as net banking, debit/credit cards, and mobile wallets

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IPPB Savings Accounts: Interest Rate, Types, Key Features

Regular and basic savings accounts can be opened by either visiting an access point of the payments bank or by applying for the doorstep service.

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Recurring Deposit Interest Rates: Here's What Top Lenders Offer

Recurring Deposit (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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Sensex Surges 379 Points, Mid And Small-Caps Outperform

Seventeen of 19 sector gauges compiled by BSE ended higher led by the S&P BSE Auto Index's over 3 per cent gain.

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This Gold Scheme Of SBI Works Like A Fixed Deposit (FD)

State Bank of India or SBI, the country's largest lender, offers Revamped Gold Deposit Scheme (R-GDS), a fixed deposit (FD) scheme in gold. A fixed deposit (FD) scheme is a financial instrument that...

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Less Than 4 Weeks Left To Link PAN With Aadhaar. Why You Need To Do It

The Income Tax Department has announced March 31 as the due date for assessees to link Aadhaar card number with PAN card. That means if you haven't linked yourPAN card with Aadhaar card yet, you have...

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Senior Citizen Savings Scheme, SBI Fixed Deposit Returns Compared Here

Senior Citizen Savings Scheme (SCSS) offers an interest rate of 8.7 per cent per annum, payable from the date of deposit of March 31/ September 30 / December 31 in the first instance and thereafter,...

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Cheaper Loans On Anvil As Banks Brace For Rate Cuts: Report

After initial dithering, banks are now falling in line to cut interest rates after the RBI asked them to do so last month. A low interest rate cycle is on the anvil with a majority of banks now...

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IndiGo Announces 3-Day 'Holi sale', Offers Flight Tickets From 899 Rupees

IndiGo's 'Holi sale': IndiGo's offer is valid only on non-stop flights on various sectors across airline's domestic and international network.

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Sensex Rises Over 90 Points As Markets Recover Early Losses

Domestic stock markets recovered early losses shrugging off weakness in Asian peers. The Sensex rose as much as 90.41 points to touch 36,154.22, and the Nifty moved to 10,895.75, up 32.25 points from...

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Services Activity Accelerates In February As Demand Strengthens: Survey

This will provide some relief to policymakers and bolster hopes for a recovery in economic growth this quarter after Asia's third-largest economy lost momentum in the final three months of 2018.

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Rupee Advances To 70.81 Against Dollar

The rupee shrugged off early weakness to touch 70.81 on the upside amid a weak opening in domestic equities, advancing by 11 paise against the dollar compared with its previous close.

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Growth In India's Housing Prices Likely To Slow To 1.3% This Year: Poll

A majority of respondents said an economic slowdown and bad debts in banking and other financial institutions were the main downside risks to the country's housing market this year.

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Sensex Drops Over 100 Points, Nifty Slips Below 10,820

Top laggards on the 50-scrip benchmark index were Eicher Motors, L&T, Dr Reddy's, Wipro, Tech Mahindra and M&M.

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One-Third Of IL&FS Arm's Lending Unsecured: Report

The Grant Thornton report said auditors noticed 10 regulatory or risk assessment issues by IL&FS in lending Rs 13,290 crore.

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Railways Tatkal Tickets: Conditions Under Which Full Refund Is Granted

Tatkal booking opens at 10 am for AC classes and 11 am for non-AC classes, one day in advance of the actual date of journey excluding date of journey.

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Zomato To Sell UAE Food Delivery Business For $172 Million

Info Edge, an online services firm, will own a 26.38 per cent stake in Zomato after the deal closes.

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Fixed Deposit Interest Rates Paid By Key Lenders Compared

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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Bank Holidays 2019: Banks, Stock Markets Shut On Account Of Mahashivratri

Domestic equity, debt, forex and bullion markets along with banks and other central government run institutions were shut today on account of Mahashivratri.

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How LIC Aam Aadmi Bima Scheme (AABY) Works: Five Things To Know

Unorganised sector workers aged between 18 and 59 years can subscribe to the AABY scheme, which offers a cover of Rs 30,000, according to LIC. Eligible applicants can subscribed to the Aam Aadmi Bima...

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How To Open SBI Public Provident Fund (PPF) Account Online

A Public Provident Fund (PPF) account is considered among the most sought after investment products by financial advisors. Offered by various institutions including India Post and commercial lenders...

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SBI IMPS, NEFT Services: Amount, Charges, Timings Explained Here

IMPS is an instant payments service that enables round-the-clock money transfer through the use of mobile app

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Ted Baker Founder, CEO Ray Kelvin Quits After Misconduct Allegations

Ted Baker shares fell 4.8 per cent in initial trade before making up some ground to trade 1.4 per cent lower in intraday trade

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