LPG Cylinder Gets More Expensive: Here's How Much You Pay Now

Indian Oil said the subsidy transfer in the customer's bank account has been increased to Rs 433.66 per cylinder in the next month, as against Rs 376.60 per cylinder this month.

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SBI Minimum Balance Rules, Penalty Charges For Non-Compliance Explained

Customers failing to meet the minimum balance, or MAB, requirements in a month attract certain penalty charges, depending upon factors such as branch location and degree of shortfall from the required...

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IRCTC Tatkal Reservation Compared To Premium Tatkal Ticket Booking

The major difference between these two booking options lies in ticket prices. However, the basic rules for online Tatkal quota booking are applicable to Premium Tatkal booking as well, according to...

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Need 2-3 GB/Day Data With Free Calls In Prepaid Recharge? Compare Plans

From Bharti Airtel to Reliance Jio, telecom operators today offer recharge packs priced in the range of Rs 198-569 to provide to their prepaid subscribers 2-3 GBs of data per day, among other benefits...

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India's War On Red Tape Working, Says World Bank

India improved on six of the 10 metrics tracked by the World Bank, including obtaining credit and construction permits.

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IL&FS Crisis: New Board Submits Revival Plan To Tribunal

IL&FS defaults have triggered sharp falls in the domestic stock and debt markets amid fears of risk in the rest of the country's financial sector.

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Rupee Closes At Nearly 3-Week Low Against Dollar: 10 Things To Know

The rupee closed at 73.95 against the dollar on Wednesday, the lowest level in nearly three weeks. Demand for the greenback from importers and sustained foreign fund outflows, along with strength in...

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India Jumps 23 Positions On World Bank's Ease of Doing Business Ranking

India recorded a jump of 23 positions in the World Bank's annual ranking of ease of doing business, the government said in a statement on Wednesday.

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Railways Scraps Flexi Fares In Select Trains

On September 9, 2016, the railways had introduced flexi-fare for premier trains: 44 Rajdhani, 52 Duronto and 46 Shatabdi Express trains.

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Vedanta Profit Falls 34% In Q2, But Beats Analysts' Estimates

Net profit came in at Rs 1,343 crore ($181.58 million) in the three months ended September 30, compared with Rs 2,045 crore in the corresponding period a year earlier, the company said in a filing.

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Core Sector Growth Declines To 4-Month Low

Fertiliser, cement and electricity output grew by 2.5 per cent, 11.8 per cent, and 8.2 per cent, respectively.

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L&T Reports 2,230 Crore Rupees Profit In September Quarter

L&T's order book stood at Rs 2.81 lakh crore, as of September 30, of which, the international order book constituted 22 per cent.

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Canara Bank Posts Rs 300 Crore Profit In July-September

However, provisions for the quarter surged 31.5 per cent to Rs 2,835 crore, as the lender set aside more funds for bad loans, the bank said.

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Tata Motors Reports Loss Of 1,049 Crore Rupees In September Quarter

Total expenses during July-September rose 8.6 per cent, while revenue climbed to Rs 71,293 crore from Rs 69,570 crore a year earlier.

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Jet Airways Says It Has Got Payment Delay Notices From Lessors

Jet Airways (India) Ltd has received notices on payment delays from a few aircraft lessors, the troubled airline said on Wednesday.

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Gold Glitters Ahead Of Diwali, At Near 6-Year High Of Rs 32,650

Amid the festive season demand, gold prices surged to a near six-year high of Rs 32,650 per 10 gram.

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Nifty Closes 188 Points Higher, Sensex Reclaims 34,000-Mark

Advances were led by Indiabulls Housing Finance, Tech Mahindra, HDFC, HCL Technologies and Infosys.

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Lupin Profit At Rs 266 Crore In July-September, Misses Street Estimates

Net profit was 266 crore ($36.00 million) in the quarter ended September 30, compared with a profit of Rs 455 crore a year earlier, Lupin said.

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"In Public Interest", Says Centre, On Talks With RBI Amid Rift: 10 Points

Clarifying that the government holds "extensive consultations" with the central bank from time to time, the Centre on Wednesday said that it accepts the autonomy of the Reserve Bank of India within...

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RBI Autonomy Essential, Nurtured By Government: Finance Ministry

The statement, however, did not mention of the government citing the never-before-used power of issuing directions to RBI Governor.

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Sensex Rises Over 200 Points Amid Choppy Trade As RBI Crisis Looms

The rupee breached the 74-mark again by dropping 43 paise to 74.11 against the US dollar in early trade.

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'Government, RBI Should Be Guided By Public Interest'

Both government and RBI should be guided by public interest and requirements of Indian economy, says Ministry of Finance on friction with the central bank

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RBI Vs Government: Finance Ministry To Shortly Issue A Statement

The government has invoked never-before-used powers under the RBI Act that allow it to issue directions to the central bank governor on matters of public interest.

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Modi Government Said To Cite Never-Used Powers In Talks With RBI

The central bank has received letters from the government seeking Governor Urjit Patel's views on issues including the authority's handling of weak state-run lenders, tight liquidity in the market,...

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Now, You Can Withdraw Only Rs 20,000 From Select SBI Cards: 10 Points

State Bank of India (SBI), the largest lender of the country, has reduced the daily cash withdrawal limit on select debit cards with effect from Wednesday. Customers who hold SBI Classic and Maestro...

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Rupee Again Breaches 74-Mark Against Dollar: 5 Things To Know

The rupee is set to finish the month with a decline of more than 1.5 per cent against the American currency. It has depreciated more than 15 per cent so far this year.

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Sensex Edges Higher, Nifty Hovers Around 10,200

Yes Bank, HDFC, Tata Consultancy Services, Indiabulls Housing Finance and Infosys were the top five Nifty gainers.

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SBI Reduces Daily Cash Withdrawal Limit On Select Debit Cards

State Bank of India (SBI) has reduced the per day cash withdrawal limit for all Classic and Maestro Debit Cards holders from Rs 40,000 to Rs 20,000 with effect from Wednesday.

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Government Uses Rare Powers To Issue Directions to RBI Chief: Report

Separate letters have been sent to the Reserve Bank of India (RBI) governor in recent weeks, exercising powers under the section on issues ranging from liquidity for non-banking financial companies,...

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Bank Of Baroda Reports 20% Jump In September Quarter Profit

Gross bad loans as a percentage of total loans stood at 11.78 per cent at the end of September, compared with 12.46 per cent in the previous quarter, and 11.16 per cent last year.

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RBI Says No Liquidity Crunch In Shadow Banking: Report

The FSDC meeting was the first instance when RBI Governor Urjit Patel came face to face with Mr Jaitley following the recent criticism by the central bank's deputy governor, Viral Acharya, of...

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Tata Steel's Proposed Merger With Germany's ThyssenKrupp Being Probed

ThyssenKrupp struck a deal in June to merge its steel-making business with Tata in response to a flood of cheap Chinese steel unbalancing world markets, with the new venture set to become Europe's...

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Mastercard Says Storing India Payments Data Locally

The Reserve Bank of India in April said companies such as Mastercard, Visa and American Express will from October need to store their payments data "only in India" so that the regulator could have...

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Government To Sell Up To 18.62 Crore Shares In Coal India

Shares in Coal India closed 4 per cent weaker at 275.85 rupees on the National Stock Exchange on Tuesday.

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Rupee Moves Lower To Close At 73.68 Against Dollar: 10 Things To Know

A rise in the dollar overseas and weakness in domestic equity markets also impacted the currency, according to analysts. Crude oil prices fell on Tuesday, depressed by concerns that the US-China trade...

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Jet Airways Introduces Five New Routes, Details Here

Jet Airways said it will also introduce additional flights on select existing routes - Delhi-Singapore, Delhi-Dubai, Delhi-Bagdogra and Bengaluru-Pune - to "meet growing travel demand". Jet Airways...

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Tech Mahindra Reports Over 27% Jump In Q2 Profit, Beats Street Estimates

Net profit was Rs 1,064 crore ($144.51 million) in the three months ended September 30, compared with Rs 836 crore a year earlier, Pune-based Tech Mahindra said.

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Gold Prices Rise As Festive Demand Picks Up: 5 Things To Know

Gold, silver prices today: Bullion traders said that due to the upcoming Diwali festival there has been a rise in gold coin demand.

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Sensex Closes 176 Points Lower, Nifty Gives Up 10,200 Amid Choppy Trade

Stock markets reversed early gains to close lower on Tuesday. BSE benchmark index Sensex shed 176 points, or 0.5 per cent, to end at 33,891, while the NSE Nifty settled just shy of 10,200, down 52...

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Government Considering Outright Sale Of Crisis-Hit IL&FS: Report

The government is examining options including an outright sale of Infrastructure Leasing & Financial Services Ltd., a person with knowledge of the matter said, amid attempts to stem defaults at the...

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Jet Airways Offers Discount On Flight Tickets In Diwali Sale

Exclusive benefits are also available on bookings done via carrier's website and app, Jet Airways said.

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"RBI Looked Other Way", Says Arun Jaitley On Loan Excesses: 10 Points

The public spat between the government and the central bank became bitter on Tuesday as Finance Minister Arun Jaitley criticized the top banking regulator for failing to prevent credit excesses by...

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Government, Central Bank, SBI Trying to Plug IL&FS Crisis: Rajnish Kumar

"Because of the IL&FS default, there is pressure on mutual funds. The corporates who were providing liquid funds to mutual funds have become very cautious. In turn, the mutual funds have become...

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In Middle Of RBI's Spat With Government, Arun Jaitley's Big Reprimand

"The central bank looked the other way when banks gave loans indiscriminately during 2008 to 2014," Jaitley said while speaking at an event.

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FD Interest Rates Offered By Major Banks, Small Finance Banks Compared

Major commercial banks pay interest rates in the range of 4-7.75% to customers on FDs.

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Government Worried About RBI's Hawkish Monetary Stance: Report

Reserve Bank of India (RBI) Deputy Governor Viral Acharya warned that undermining a central bank's independence could be "potentially catastrophic".

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Rupee Loses 16 Paise Against US Dollar In Early Trade

Rupee Vs Dollar: The rupee fell 16 paise to 73.61 against the US dollar in early trade on Tuesday.

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Sensex Sheds Over 100 Points, Nifty Below 10,250

MSCI's broadest index of Asia-Pacific shares outside Japan edged down 0.3 per cent.

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BPCL Profit At Rs 1,218 Crore In July-September, Misses Street Estimates

Revenue from operations jumped 29.3 per cent to Rs 82,880 crore at BPCL, whose shares closed 0.8 per cent higher, while the broader NSE index rose 2.2 per cent.

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India Signs $75-Billion Currency Swap Pact With Japan

The agreement should help bring greater stability to foreign exchange and capital markets in India, the government said.

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Rupee Fall Puts Rs 28,000-Crore Solar Projects At Risk: Crisil

These projects include 5.5 giga watt (GW) of projects bid in the past nine months at very low tariffs of Rs 2.75 per unit or less, according to Crisil.

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Government Very Upset With RBI For Making Rift Public: Report

On Friday night, the RBI Deputy Governor Viral Acharya warned that undermining a central bank's independence could be "potentially catastrophic", in an indication that it is pushing back hard against...

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As RBI Goes On Offensive, Government Yet To (Officially) Respond

In the latest move, the RBI made its disagreement with authorities public in a hard-hitting speech by Deputy Governor Viral Acharya on Friday -- which he said had the backing of Governor Urjit Patel...

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SBI Announces Discount On E-Tailer SaleBhai Through Mobile App YONO

Payments made through an SBI credit card, an SBI debit card or SBI net banking against purchase on the SaleBhai platform will be eligible for this offer, according to the bank.

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Gold Prices Remain Unchanged On Lower Demand

Traders said that there was lower demand at the domestic market and movement in international markets were tepid which kept the prices flat.

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Initial Public Offering Plans On Track, Says Airtel Africa

The telecom operator said last week that it raised $1.25 billion from six global investors.

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Rupee Closes Flat At 73.45 Against Dollar

Despite the initial bounce, the rupee appeared to struggle, as the dollar remained broadly firm.

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Jio To Offer Rs 5,400 Cashback On OnePlus 6T Smartphone

Jio's offer will be available for both existing and new Jio subscribers who purchase the OnePlus 6T.

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New Cash Withdrawal Limit On SBI Classic Card Take Effect In 2 Days

The development means that from Wednesday, SBI customers using the Classic debit card will be able to take out a maximum of Rs 20,000 every day from ATMs in a day against the current limit of Rs...

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GoAir's New Flash Sale: Flight Tickets Start From 1,499 Rupees

Additionally, GoStar members can also avail Rs. 225 discount as convenience fee on the next flight.

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Sensex, Nifty Break Two-Day Fall

Top gainers on the Nifty 50 were Indiabulls Housing Finance, ICICI Bank, SBI, Adani Ports and Dr Reddy's Laboratories.

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The Growing Brawl Between RBI's Urjit Patel And Team Modi

If the standoff with the government gets any worse, a test of the central bank's dire warning could come soon.

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"Let Central Bank, Centre Sort Out Issues": RBI Staff Backs Viral Acharya

The association said in a statement on Monday that "undermining the country's central bank was a recipe for disaster which the government must desist".

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After Years Of Global Success, Reliance Industries Faces Oil Shock At Home

Reliance is planning as many as 2,000 retail stations with oil major BP Plc over the next three years, local media reported.

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IBM To Buy Red Hat For $34 Billion In Its Biggest-Ever Acquisition

The acquisition, IBM's biggest so far, will provide open approach to cloud, featuring unprecedented security and portability across multiple clouds, a joint statement said late on Sunday.

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Petrol Price Fall Below 80 Rupees Per Litre In Delhi, Diesel Rate Down

In these 12 straight cuts, petrol price has been reduced by Rs 3.08 per litre and diesel by Rs 1.84 a litre in Delhi.

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Train 18 To Start Trial Run Today: 10 Things To Know (In PICS)

Train 18 is dubbed as next-generation train and has technical features for enhanced quick acceleration.

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Banks Returning To Profit, "On Top" Of Bad Loans Problem: SBI Chairman

Insolvency and Bankruptcy Code has come as a "very good tool" in the hands of banks and financial creditors, State Bank of India (SBI) chairman Rajnish Kumar added.

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ICICI Bank Shares Gain Over 8% On Better Bad Loan Ratio

ICICI Bank was the top gainer on both the key indices on Monday after the lender's bad loan ratio improved in the quarter that ended in September 2018.

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Rupee Firms Up By 14 Paise Against US Dollar

On Friday, the rupee dipped by 20 paise against the dollar to close at 73.47.

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In World Top 20 Of GDP Growth Share, Good News For India: Report

India's share of global GDP growth is expected to rise from 13 per cent to almost 16 per cent -- a jump of three percentage points, forecasts report.

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Sensex Surges Over 200 Points, Nifty Above 10,050

On Friday, foreign portfolio investors sold while domestic institutional investors bought net equities of Rs 1,356.66 crore and Rs 1,875.89 crore respectively, showed provisional NSE data.

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IndiGo, SpiceJet, GoAir Offer Discount On Flight Tickets. Details Here

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

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Minimum Balance Rules Of Key Lenders Explained Here

Leading banks such as SBI, Punjab National Bank, HDFC Bank and ICICI Bank have fixed their monthly/quarterly average balance requirements.

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Here's How Much ATM Transactions Cost After You Exhaust Limit

Customers are charged for transactions at ATMs over and above the mandated number of free transactions, as mentioned by RBI.

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IndiGo Diwali Sale Extended, Flight Tickets Start From 899 Rupees

IndiGo is offering domestic flights starting at Rs 899 and international flights starting at Rs 3,399.

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Indian Railways To Run Special Trains Till November 15: 5 Things To Know

The Railway Board has instructed the Northern Railway to maintain punctuality of these special trains.

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This Bank Offers Up To 8.5% Interest On Fixed Deposit Account

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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SBI's Small Savings Account: Interest Rates And Other Features

SBI Small account: One does not require to maintain an average minimum balance (AMB) in this kind of account. The maximum balance amount that can be maintained in small account is Rs. 50,000.

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Petrol Price Cut By 40 Paise Per Litre In Delhi, Diesel Rate Slashed

The retail selling price of petrol and diesel is dependent on the international prices of benchmark fuel and the rupee-US dollar exchange rate.

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Quarterly Results, Macro Data To Drive Market This Week, Say Experts

In the week gone by, the NSE Nifty50 lost 273.55 points, or 2.65 per cent, on a weekly basis to settle at 10,030 points on Friday.

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Angriya: 10 Things To Know About First Domestic Luxury Cruise Service

Angriya Cruise sails along the Konkan Coast, unfolding its coral diversity and royal sea forts along the way.

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IndiGo Announces New Non-Stop International Flights

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

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ATM Charges Levied By Key Lenders For Transactions And Other Services

From State Bank of India (SBI) to private sector banks like HDFC Bank, ICICI Bank, Axis Bank offer limited number of ATM transactions free of cost every month.

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Want To Open A Zero Balance Savings Account? Here's All You Need To Know

A BSBD account is a type of zero balance savings account and does not require customers to maintain any particular minimum average balance.

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

In the national capital, gold of 99.9 per cent and 99.5 per cent purity declined by Rs 40 each to Rs 32,550 and Rs 32,400 per 10 grams respectively.

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Indian Railways Waitlisted Tickets: 5 Rules You Should Know

IRCTC wailtlisted tickets: Cancellation of e-tickets by the customer/agent through IRCTC's website is permitted only before chart preparation of the train.

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GoAir Offers Domestic Flight Tickets From Rs. 999. Details Here

The fares under GoAir's offer are applicable on travel from November 12, 2018 to January 31, 2019.

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

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

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Hyderabad High Court Orders Payment Of Rs 660 Crore To Unitech

According to the petitioner, the amount was deposited after it emerged as the successful bidder for developing the design and constructing an integrated airport township and multi-services aerospace...

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Furnish Details Of Bank Accounts Of 46 Firms: Supreme Court To Amrapali

Besides the details of the bank accounts of 46 companies, the court directed that all the computers and laptops having details of transactions since 2008 would be handed over to the forensic auditors.

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RBI Deputy Governor Viral Acharya Calls For "Effective Independence"

Comments from RBI deputy governor Viral Acharya come amid government efforts to create a separate regulator for the country's payments system - which is currently handled by the RBI as part of its...

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Small Finance Banks Pay Up To 9.5% Interest On FD, Details Here

Small finance banks, such asEquitas, AU, Suryoday and ESAF, provide a variety of maturity periods, from as short asseven days to as long as 10 years.FDs provide a fixed return over a pre-defined...

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SpiceJet, IndiGo, AirAsia Offer Discount On Flight Tickets. Details Here

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

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RBI To Inject Rs 40,000-Crore Liquidity Into System In November

The move comes amid worries of a liquidity crunch after defaults at one of the country's largest infrastructure financing companies.

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ICICI Bank Profit Falls Nearly 56% To Rs 909 Crore In September Quarter

Net interest income for the quarter ended September 30, 2018 stood at Rs 6,418 crore, as against Rs 5,709 crore in the year-ago period, ICICI Bank said in a regulatory filing.

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ITC Posts Profit Of 2,955 Crore Rupees, Beats Analysts' Estimates

ITC Q2 results: Revenue from cigarettes rose more than 10 per cent to Rs 5,026 crore in the second quarter.

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Sensex Closes 340 Points Lower, Nifty Settles At 10,030

Share markets on Friday: Prominent losers in the 30-share Sensex pack were Yes Bank, Axis Bank, Induslnd Bank, TCS, ITC and Kotak Bank.

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Dr. Reddy's Second-Quarter Profit Jumps Nearly 70% To 518 Crore Rupees

Dr Reddy's Laboratories net sales rose 5.6 per cent to Rs 3,687 crore.

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World's Billionaires Made Record Money In 2017: UBS

According to the report, the world's 2,158 billionaires grew their combined wealth by $1.4 trillion last year, more than the GDP of Spain or Australia

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Looking To Invest In Fixed Deposits? Check Latest FD Rates Of Top Lenders

The FD 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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Gold Prices Break 3-Day Rising Streak: 5 Things To Know

In the national capital, gold of 99.99 per cent and 99.5 per cent purity fell by Rs 35 each to Rs 32,590 and Rs 32,440 per 10 gram, respectively.

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IndiGo Airline To Expand, Defend Turf Despite Loss

IndiGo's parent Interglobe Aviation reported its first-ever quarterly loss since listing in 2015 of Rs 652 crore ($88.99 million) on Wednesday.

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Essar Steel Creditors' Panel Selects ArcelorMittal's Joint Bid

The news comes just a day after founders of Essar Steel came in with a surprise offer to pay Rs 54,389 crore to creditors to settle claims.

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Yes Bank Shares Slump 15%, Hits 4-Week Low On Second-Quarter Profit Miss

Yes Bank posted on Thursday its first drop in quarterly profit in at least three years, as the provisions for bad loans and mark-to-market losses more than doubled.

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SpiceJet Announces Domestic Flight Tickets From 888 Rupees. Details Here

SpiceJet sale offer: Last date to book flight tickets to avail the offer is October 28 and the travel period starts from November 8, 2018 to March 31, 2019.

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Employees Provident Fund Schemes Add Over 1.45 Crore New Subscribers

However, about 18.55 lakh subscribers, who had ceased to be members, have re-started their contributions during the period.

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Petrol Prices Cut For Ninth Straight Day. Check Fuel Rate 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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Biocon Reports 355 Crore Rupees Consolidated Net Profit For Q2

Net profit grew whopping on account of strong top line, including biosimilar Pegfilgrastim sales in the US and margin expansion.

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Rupee Drops 17 Paise To 73.44 Against Dollar

INR vs USD: Traders said dollar's strength against some currencies overseas weighed on the local unit.

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Sensex Falls Over 200 Points, Nifty Below 10,100

Share markets on Friday: Prominent losers in the 30-share Sensex pack were Asian Paints, Maruti, Kotak Bank, Bharti Airtel, NTPC and Yes Bank.

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NASSCOM Says Start-Up Industry Is Doing Fine, But...

While Bengaluru, Delhi-NCR and Mumbai remained the biggest start-up areas, 40 per cent of start-ups emerged from smaller towns like Indore, Jaipur, Pune and Kochi.

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Rupee Moves Lower To Close At 73.27 Against Dollar

Foreign investors pulled out around Rs 1,495.71 crore on a net basis from capital markets on Thursday with stocks declining 1 per cent in line with a global selloff. Foreign portfolio investors (FPIs)...

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Essar Steel Board, Shareholders Offer To Pay Rs 54,389 Crore To Creditors

Essar Steel is among a dozen of the country's biggest debt defaulters that were pushed into the bankruptcy court last year after a central bank order that was aimed at clearing record bad loans at the...

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April-September Fiscal Deficit Stands At 95% Of Full-Year Target

The government has said it was confident of meeting its fiscal deficit target of 3.3 per cent of GDP in the 2018-19 fiscal year despite pressure on the economy from rising oil prices.

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Bharti Airtel Posts 65% Fall In Net Profit To Rs 119 Crore In Q2

However, net revenue from its Africa business grew 13.2 per cent year-on-year, the company said.

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Yes Bank Q2 Profit Falls 3.8% To 965 Crore Rupees, Misses Estimates

Fifteen analysts, on average, had expected a profit of 1,282 billion rupees, according to I/B/E/S data from Refinitiv.

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Gold Prices Hit Over 6-Year High on Festive Buzz: 5 Things To Know

Gold, silver prices today: This is the third straight session of gain for the yellow metal which has gained Rs 405 since October 23.

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Sensex, Nifty Close 1% Lower Tracking Global Rout

Top laggards on the 50-scrip Nifty index included Bharti Airtel, Indiabulls Housing Finance, Vedanta, Hindalco, ONGC and Tata Motors, finishing between 2.8 per cent and 5.9 per cent lower.

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Maruti Suzuki India Profit Falls 9.8% To Rs 2,240 Crore In Q2

Net sales grew 0.5 per cent to Rs 21,551.9 crore in the second quarter of the current financial year, from Rs 21,438.1 crore in the year-ago period.

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Bharat Heavy Electricals Q2 Profit Jumps 60% To 185 Crore Rupees

Analysts on average had expected the company to post a profit of 2.36 billion rupees, according to Refinitiv estimates.

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Probe Agency Seizes Nirav Modi's Assets Worth Rs 255 Crore In Hong Kong

PNB fraud: Nirav Modi, his uncle Mehul Choksi and others are being probed under various criminal laws after the fraud came to light this year.

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Coal Import Rises 35% To 42.7 Million Tonnes In September Quarter

For the first nine months of 2018, imports of 124.6 million tonnes are up 20 percent from the same period a year earlier.

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Smartphones Emerge As Bright Spot For PM Modi's "Make-In-India" Mission

The big prize for the country, local industry officials say, is to become a full-fledged alternative to China as a manufacturing hub.

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InterGlobe Aviation Drops 3.7% After First Quarterly Loss Since Debut

Rival airlines also took a hit on Thursday, with Jet Airways shares slipping up to 2.4 percent, while SpiceJet Ltd fell as much as 3.14 percent.

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Rupee Slips 19 Paise To 73.35 Against Dollar

INR vs USD: Traders said increased demand for the US currency from importers and a lower opening of domestic equity market weighed on the local unit.

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Sensex Drops Over 250 Points, Nifty Below 10,150

Share markets on Thursday: Prominent losers in the 30-share Sensex pack were Adani Ports, Vedanta, ICICI Bank, Wipro, Infosys and Bharti Airtel.

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Cyrus Mistry Launches New Enterprise

The development comes exactly two years after Mistry, 52 was ousted as the Chairman of Tata Sons on October 24, 2016.

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IDFC Bank Reports First Quarterly Loss Since Market Debut

IDFC Bank's gross bad loans as a percentage of total loans narrowed to 1.63 per cent at September-end.

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Jet Airways Announces New International Flights From Pune, Details Here

Jet Airways offer: Tickets must be purchased between October 24, 2018 and October 31, 2018 to avail the offer on flight tickets.

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Rupee Closes At 3-Week High Of 73.16 Against Dollar

Global crude oil prices eased and domestic equity markets staged a smart rebound. Forex dealers said softening crude oil prices supported the rupee's upward movement.

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Bajaj Auto Q2 Profit At 1,152 Crore Rupees, Beats Analysts' Estimates

Bajaj Auto's sales volume grew 25 per cent to a quarterly record of around 1.3 million units.

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RBI May Have Bought Breathing Space For Rupee As Crude Cools

The country's foreign-exchange reserves plunged $5.14 billion in the week ended Oct. 12, the biggest drop in seven years, hinting the central bank intervened to stem the rupee's losses from getting...

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Government Planning Trade Deal To Boost Exports To China: Report

An analysis by Prime Minister Narendra Modi's administration shows that Southeast Asian nations, Australia, and South Korea among others have competitive advantage over India due to free trade...

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Wipro Reports Net Profit Of Rs 1,889 Crore In Q2, Misses Street Estimates

Revenue from operations stood at Rs 14,541 crore in the quarter ended September 30.

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InterGlobe Aviation Posts Loss Of 652 Crore Rupees In September Quarter

Revenue from operations rose 16.9 per cent for the quarter to Rs 6,185 crore.

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Sensex Reclaims Mark 34,000 As Markets Break 4-Day Fall

Top gainers on the 50-scrip Nifty index were Bajaj Finance, Bharti Airtel, Hindustan Petroleum, Indian Oil and Hindalco Industries, closing between 5 per cent and 12 per cent higher.

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Sebi Gives Nod To Launch Of Oman Oil Futures On BSE

The BSE Oman Crude Oil Futures Contract will be settled against the Dubai Mercantile Exchange (DME) Oman Crude Oil futures prices on the expiry day, it said.

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Gold Hits 2018 High As Festive Demand Picks Up: 5 Things To Know

In the national capital, gold of 99.9 per cent and 99.5 per cent purity advanced by Rs 150 each to Rs 32,500 and Rs 32,350 per 10 grams, respectively,

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Petrol Prices Continue To Come Down: Check Rates Here

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

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Kotak Mahindra Bank Q2 Profit Rises 15%, Misses Analysts' Estimates

Kotak Mahindra Bank's net profit rose to Rs 1,142 crore ($155.84 million) for the quarter ended September 30, missing analysts' average estimate of Rs 1,165 crore, according to data from Refinitiv.

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Shadow Banking Crisis May Delay Recovery For Real Estate. Here's Why

As per Anarock data, more than 5.75 lakh residential units are running behind schedule across the top 7 cities since their launch in 2013 or before.

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Zydus Wellness, Cadila To Buy Kraft Heinz India For 4,600 Crore Rupees

Zydus and Cadila will buy entities including malt-based health drink Complan and energy drink Glucon-D, Zydus said.

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IndiGo Offers Flight Tickets Starting At Rs 899 In Three-Day Sale

IndiGo's "Diwali special sale" is open till October 26, the airline said in a statement. IndiGo said it is offering 10 lakh seats under the Diwali sale. The three-day sale - applicable for travel...

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Rupee Moves Sharply Higher Against Dollar

Demand for the dollar by importers along with continued fund outflows weighed on the rupee lower, according to analysts.

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Sensex Jumps Over 350 Points

Top advancers on the 50-scrip Nifty index were Bajaj Finance, Indiabulls Housing Finance, Bharat Petroleum, Hindustan Petroleum and Indian Oil, trading between 2.8 per cent and 6.7 per cent higher.

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Airtel Africa To Get $1.25 Billion From Softbank Group, 5 Other Investors

The investment will be used to reduce Airtel Africa's existing debt of approximately $5 billion and for growth of its African operations, the Bharti Airtel unit listed in UK said.

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Mark Mobius Looks To Bet On India's Troubled Shadow Banks

Mark Mobius' bet comes at a time when investors have been selling holdings in non-banking finance companies (NBFCs) after a series of defaults by the country's leading infrastructure finance company...

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Absence Of Bond Market Behind Banking Crisis: Government's Auditor

The gross NPAs in the banking system have accumulated to a staggering Rs 10 lakh crore, around 90% of which is accounted for by state-run banks.

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Air India To Launch New Flight Services From November

Earlier this month, Air India also announced the launch the of direct flight services from Bengaluru to London with effect from November 17, 2018.

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Rupee Closes Flat At 73.57 Against Dollar

The rupee opened weak at 73.74 and later fell to the day's low of 73.82 due to steady capital outflows amid deep losses in stock markets due to growing geopolitical concerns.

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Railways To Extend Ticketing Service UTS Nationwide From November 1

As of now railway has already implemented the scheme in 15 of its zones with the Northereast Frontier Railway and West Central Railway being the remaining two zones.

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GoAir, AirAsia Offer Discount On Flight Tickets. Details Here

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

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Petrol, Diesel Prices Drop For Sixth Straight Day: Check Fuel Rates Here

On October 4, the Central government announced a cut of Rs. 2.50 a litre each for petrol and diesel.

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Jet Airways Is Said to Seek Loan Moratorium to Ease Crunch

Jet Airways owns 49.9 per cent of JetPrivilege, with the rest held by Etihad Airways PJSC, which separately owns 24 per cent of the domestic carrier.

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HCL Tech Posts 2,534 Crore Rupees Profit In Q2, Beats Analysts' Estimates

HCL Technologies' revenue from operations jumped 19.5 per cent to Rs 14,860 crore.

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Gold Prices Jump On Positive Global Cues: 5 Things To Know

In the national capital, gold of 99.9 per cent and 99.5 per cent purity rose by Rs 130 each to Rs 32,350 and Rs 32,200 per 10 grams, respectively

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Markets Extend Losses To Fourth Day: Sensex Closes 287 Points Lower

Top laggards on the 50-scrip Nifty index were Sun Pharma, Asian Paints, Wipro, UltraTech Cement and Grasim, closing between 3 per cent and 5 per cent lower.

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TVS Motor Posts Profit Of 211 Crore Rupees In September Quarter

The manufacturer of two- and three-wheeler vehicles sold about 1.1 million vehicles during the quarter.

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GoAir Offers Flight Tickets From 999 Rupees In New Flash Sale

The travel period of GoAir's sale starts on November 22, 2018 and ends on December 22, 2018.

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Airtel Offers Rs 2,000 Cashback On Purchase Of 4G Smartphone

Bharti Airtel's "AirtelThanks" program will enable eligible Airtel subscribers to earn the cashback in the form of digital coupons, which can be redeemed to make payment against a prepaid or postpaid...

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Pay Ericsson 550 Crores By Dec 15, Anil Ambani's RCom Told

The Supreme Court, however, said in its order that the telecom company will not be granted any further extension.

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Rupee Loses 23 Paise In Early Trade Against Dollar: 10 Things To Know

The rupee, which opened weaker against the US dollar, further extended its fall to 73.79 on Tuesday. After opening at 73.74, the rupee fell 23 paise in early trade amid persistent foreign fund...

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Invest India Receives Top UN Award For Promoting Renewable Energy Investment

The other winners of the award were Bahrain Economic Development Board and the Lesotho National Development Corp.

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More Top-Performing CEOs Now Have Engineering Degrees Than MBAs

The number of technology CEOs on the list have expanded as the industry has seen exponential growth in recent years.

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TCS Among Top 10 Firms To Get Foreign Labour Certification for H-1B Visas

Tata Consultancy Services (TCS) is the only Indian company among top 10 firms to get foreign labour certification for H-1B visas for the fiscal year 2018, according to data from the US Department of...

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Rupee Slips 23 Paise Against US Dollar In Early Trade

Rupee Vs Dollar: The rupee lost 24 paise or 0.3 per cent against the greenback on Monday.

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Sensex Breaks Below 34,000, Nifty Breaches 10,200

On Monday, foreign portfolio investors sold net equities worth Rs 511.91 crore, showed provisional data from the NSE.

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Reliance Jio Announces JioPhone 2 Flash Sale On Thursday

Thursday would mark the seventh such flash sale of JioPhone 2, since the launch of the device in August this year. According to Reliance Jio, the JioPhone 2 can be ordered under the flash sale from...

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Net Direct Tax Collections Rise Nearly 16% In 2018-19 So Far

The Income Tax Department assessees to file their ITRs and pay taxes based on their tax history or some new information received by the taxman about their transactions.

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IL&FS Revival Plan Could Include Stake Sales, Says Government Official

The official, who declined to be named, ruled out any budgetary support for IL&FS, an infrastructure financing and building company, which has 348 businesses and debts of Rs 91,000 crore ($12.39...

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Asian Paints Q2 Profit Falls 14%, Misses Street Estimates

Revenue from operations rose over 8.5 per cent to Rs 4,639 crore while total expenses rose about 11 per cent in the quarter.

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Rupee Reverses Gains To Close At 73.56 Against Dollar: 10 Things To Know

The rupee gave up early gains to close at 73.56 against the dollar on Monday. That marked a loss of 24 paise, or 0.3 per cent, in the rupee against the greenback as against the previous close of...

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New IL&FS Board Appoints Advisers For Debt Resolution Plan

The board appointed consultancy firm Alvarez and Marsal as restructuring advisers to the group, the company said.

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Here Are Fixed Deposit (FD) Interest Rates Offered By Top Banks

One can deposit a lump sum of money in fixed deposits for a specific period, ranging from 7 days to 10 years.

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Salaried Assessees' Average Income Up 19% In 3 Years, Says Taxman

The number of salaried and non-salaried taxpayers saw an increase between 2014-15 and 2017-18 assessment years (AY) and it was a result of continuous efforts of the department initiated for widening...

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'Number Of Taxpayers Earning Over 1 Crore Rupees Rises By 60%'

IT department said the number of individual taxpayers earning over Rs 1 crore annually had seen a growth of about 68 per cent.

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Hindustan Zinc Profit Falls Nearly 30% In September Quarter

Revenue from operations fell 10 per cent to Rs 4,777 crore. However, mined metal production in the quarter rose six per cent.

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Sensex Closes 181 Points Lower, Nifty Settles Below 10,300

The domestic markets tracked an upbeat mood in global markets, even as macro concerns continued to weigh on investors.

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Gold Prices Slip On Muted Demand, Silver Follows

Gold, silver prices today: In the national capital, gold of 99.9% declined by Rs 50 each to Rs 32,220 per 10 gram.

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Opinion: As Trump Attacks China On Currency Policy, India Largely Spared

What's more notable is what wasn't said in the report, which tends to reflect how geopolitical considerations end up trumping raw economics.

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Petrol Pumps In Delhi Closed Today

Petrol pumps strike: The protest started from 6 am onwards on Monday and will remain till 5 am on Tuesday.

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China's Richest Woman, Supplier to Apple And Tesla, Loses 66% Of Wealth

A report by Oxford Economics released Friday found Chinese stocks have been harder hit by adverse trade policy news than any other country.

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Rupee Edges Higher By 8 Paise Against Dollar

INR Vs USD: Forex dealers said weakness in dollar against a few currencies overseas and early gains in domestic equities supported rupee.

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Sensex Gains Over 100 Points, Nifty At 10,346

Sensex, Nifty today: Prominent gainers in the 30-share Sensex pack were Vedanta, HDFC Bank, ITC, HDFC, Adani Ports and SBIN.

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Fuel Prices Cut For Fourth Straight Day: Check Petrol, Diesel 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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Deadline for Filing September GST Returns Extended Till October 25

GST Return: GSTR-3B for a particular month is required to be filed by the 20th day of the subsequent month.

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GoAir Offers Domestic Flight Tickets From 1,499 Rupees, Details Here

The fares under GoAir's scheme are applicable on travel from November 5, 2018 to January 31, 2019.

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SBI Offers Accounts For Minors: Interest Rate And Other Details

Pehla Kadam and Pehli Udaan are meant for children under the age of 18. One also doesn't need to maintain Monthly Average Balance for both accounts.

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Fixed Deposit Interest Rates: Here's What Key Lenders Pay

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

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ATM Charges Levied By Top Banks For Transactions And Other Services

From State Bank of India (SBI) to private sector banks like HDFC Bank, ICICI Bank offer limited number of ATM transactions free of cost every month.

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Market Outlook: Key Factors That May Dictate Equity Indices This Week

On a weekly basis, the S&P BSE Sensex closed at 34,315.63 points, down by 417.95 points or 1.20 per cent from its previous close.

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Recurring Deposit Interest Rates: Small Finance Banks Offer Up To 9%

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

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

In Delhi, gold of 99.9 per cent and 99.5 per cent purity advanced by Rs 45 each to Rs 32,270 and Rs 32,120 per 10 grams, respectively.

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HDFC Bank Posts Record Profit Of Rs 5,005 Crore In September Quarter

Asset quality was largely stable, with gross bad loans as a percentage of total loans standing at 1.33 per cent at the end of September.

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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, said Indian Railways.

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These Banks Offer Zero Balance Savings Account, Check Benefits Here

Customers get a number of facilities such as debit and ATM cards and internet banking with BSBD (basic savings bank deposit) account.

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Petrol, Diesel Prices Cut For Third Straight Day: 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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RBI Objects To Payments Regulator Outside Its Control

The unexpected public dissent from the RBI comes at a time when the central bank has refused to relent on a directive forcing global payments companies to store data locally from October 15.

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Jio Offers 547 GB Data At Rs 1,699, Announces Cashback: 5 Things To Know

Under the plan priced at Rs 1,699, Reliance Jio will provide unlimited data and voice calls, among other benefits, for a validity period of 365 days. Under its "Jio Diwali 100% Cashback Offer",...

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RRB Recruitment 2018: 2 Days Left To Submit Additional Qualification

RRB Recruitment 2018: The Railway Recruitment Board or RRB hires people for various positions in the Indian Railways. Recently, RRB allowed candidates who had applied for the post of assistant loco...

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Gold Jewellers Announce Discounts Ahead Of Diwali, Details Here

Ahead of Diwali, jewllery fimrs such as Tanishq, PC Jeweller, Kalyan Jewllers are offering discounts on gold and diamond ornaments.

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Rupee Moves Higher To Close At 73.32 Against Dollar: 5 Things To Know

Sharp gains in the rupee came on a day the Reserve Bank of India announced measures to ease liquidity concerns of non-banking financial companies (NBFCs).

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UltraTech Cement Quarterly Profit Falls 9%, Misses Analysts' Expectations

However, revenue from operations jumped 20.9 per cent to Rs 7,771 crore, while total expenses rose 23.5 per cent.

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Sensex Closes 463 Points Lower, Nifty Settles At 10,303

Friday's fall coincided with the Reserve Bank of India's move to hike lenders' single borrower exposure limit for non-banking financial companies (NBFCs) which do not finance infrastructure.

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SpiceJet, IndiGo Announce New Flights To Hong Kong. Details Here

Budget carrier IndiGo will operate its daily non-stop flight between Hong Kong and Bengaluru, effective from December 11, 2018.

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Rising Onion Prices Make Delhiites Shed Tears

Wholesale and retail onion rates in New Delhi have hit the roof in the last 10 days because of low supply from other states.

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10 Points On Why US May Remove India From Currency Monitoring List

The US has recently said that it may remove India from its currency monitoring list of trading partners. Praising the central bank as "exemplary" for declaring its forex market intervention, the US...

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IRCTC Offers Auto Upgradation Scheme: 5 Key Things To Know

IRCTC ticket upgradation: If a passenger exercises 'No' option for upgradation in request form at the time of booking, his/her PNR is not considered for upgradation.

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Rupee Recovers Early Losses, Rises 19 Paise Against US Dollar

Brent crude prices fell around 1% to near one-month low of $79.29 barrel Thursday. The benchmark oil was trading near $79.45 barrel in early trade.

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Fixed Deposit Interest Rates: Here's What Key Banks Offer

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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Rupees Slips 3 Paise On Increase In Demand For US Dollar

Rupee Vs US Dollar: At the Interbank Foreign Exchange, the rupee opened lower at 73.62 and slipped further to 73.64 against the dollar.

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Sensex Sheds Over 450 Points, Nifty Below 10,350

MSCI's broadest index of Asia-Pacific shares outside Japan was 0.2 per cent weaker following China's latest GDP (gross domestic product) reading.

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Banks Allowed To Lend More To Some Non-Banking Financial Companies

The central bank on Friday increased lenders' single borrower exposure limit for non-banking financial companies (NBFCs) which do not finance infrastructure, to 15 per cent of capital funds.

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Post Office Saving Schemes With 8% Interest Rate, Income Tax Benefit

Four of the nine saving schemes offered by India Post fetch interest rates of at least 8 per cent or more. All four of them are tax-saving schemes.

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BSNL Offers 20 GBs Data In Prepaid Plan Priced At 78 Rupees. Details Here

BNSL's new pack offers 2 GB data per day and after the consumption of daily limit, the speed gets reduced to 80 kbps.

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Minimum Balance Requirement: Amount You Need To Maintain In Your Account

Minimum Balance Requirement: Customers who fail to maintain the monthly average balance in their savings accounts have to pay a penalty to the bank.

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Reliance Jio Announces 100% Cashback Offer, New 1,699 Rupees Prepaid Plan

Reliance Jio's cashback offer is valid till November 30, 2018 and offer must be redeemed on or before December 31, 2018.

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Sectoral Themes, Stock Strategies To Bet On Ahead Of Diwali

Some experts believe that the ongoing market correction is a great opportunity for investors sitting on side-lines or those looking to add exposure.

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Gold Prices Surge On Festive Demand: 5 Things To Know

In Delhi, gold of 99.9 per cent and 99.5 per cent purity rose further by Rs 195 each to Rs 32,225 and Rs 32,075 per 10 grams, respectively.

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Aadhaar-Linked Cell Numbers Won't Be Scrapped, Assures Centre: 10 Points

Quashing reports that 50 crore Aadhaar-verified mobile numbers are at the risk of disconnection if they are not backed up by a fresh identification, the government and the Aadhaar-issuing body said on...

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US To Revise H-1B Visa Definition, Planning Repeal Of H-4 Visa: 10 Points

The US is planning a major overhaul in the definition of employment and specialty occupations under H-1B visas, the Department of Homeland Security (DHS) said. The move will have an adverse impact on...

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Opinion: Flipkart Vs Amazon Sales Are Like India Vs Pak Cricket

The importance of the clash between the two just ahead of the biggest shopping seasons of Dussehra and Diwali is hard to overestimate.

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Stock Markets Shut Today On Account Of Dussehra

On Wednesday, the equity indices closed in the red, dragged by financial stocks.

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Fuel Prices Cut By Up To 22 Paise In Metros Amid Festive Cheer

Petrol rates were slashed by 21 paise in New Delhi, Kolkata and Mumbai and by 22 paise in Chennai. Diesel rates were reduced by 11 paise across the four metro cities.

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Tata Group In Talks To Buy Large Stake In Debt-Laden Jet Airways: Report

Tata Group has sought management control of Jet Airways, seeking at least 26% initially and another 26% via an open offer later, the report stated.

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India May Be Removed From US Currency Monitoring List Of Trading Partners

US Treasury praises India for being "exemplary" in publishing its foreign exchange market intervention.

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Fortis Told To Recover 403 Crore Rupees From Singh Brothers, 8 Firms

Tycoon brothers Shivinder Singh and Malvinder Singh and eight firms related to them should jointly pay the sum with due interest to Fortis within three months, SEBI said.

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Reliance Jio Posts Q2 Net Profit At 681 Crore Rupees

The subscriber base of Jio as on September 30, 2018 was 252.3 million, with an average revenue per user during the quarter at Rs 131.7 per month.

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IndiGo Announces New Service, Flight Tickets Start From 11,499 Rupees

The new flights are designed to cater to business and leisure, who are constantly on the lookout for new and affordable flying options, IndiGo noted.

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Nirav Modi, Mehul Choksi's Assets Worth 218 Crore Rupees Seized

The financial probe agency has till date attached properties worth Rs 4,488 crore in the PNB fraud case.

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RIL Reports 17.4% Annual Rise In Q2 Net Profit At Rs 9,516 Crore

RIL Q2 Earnings: RIL shares ended at Rs 1,149.80, down Rs 13.85 or 1.19 per cent, on the BSE (Bombay Stock Exchange).

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IRCTC Online Payments: Here's How Much Banks Charge On Transactions

Railways ticket charge: There are various channels like net banking, debit/credit cards, wallets, among others through which payments can be made.

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Rupee Edges Lower To Close At 73.61 Against Dollar

INR vs USD: The US dollar strengthened against its rivals ahead of the Federal Reserve's release of minutes from the September meeting.

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AirAsia Offers Up To 40% Discount On Flight Tickets For All Destinations

AirAsia offer on flight tickets: The travel period to avail AirAsia's discount on flight tickets is till June 30, 2019.

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RBI Refuses To Give More Time To Yes Bank CEO Rana Kapoor

Yes Bank had earlier said it would seek the central bank's approval to extend Kapoor's term beyond January.

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Gold Prices Extend Losses For Second Straight Day: 5 Things To Know

In Delhi, gold of 99.9 per cent and 99.5 per cent purity plunged by Rs 150 and Rs 140 to Rs 32,030 and Rs 31,880 per ten grams, respectively.

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Sensex Gives Up Most Gains To Close 383 Points Lower, Nifty At 10,453

Share market on Wednesday: Prominent losers in the 30-share Sensex pack were Tata Motors, SBIN, Tata Steel, Maruti, Adani Ports and Yes Bank.

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374 Apprenticeship Openings For 10th Pass-Outs In Railways-Owned Unit

Diesel Locomotive Works (DLW), Varanasi, has announced massive hiring for a range of professionals, who are eligible for the jobs with a minimum qualification of high school or class ten.

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Which Lender Offers Better Interest Rates On A FD Account? Check Here

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

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'Theresa May Met Ratan Tata As Jaguar Land Rover Warns On Brexit, Diesel'

The sprawling Tata conglomerate includes manufacturing, defence, aerospace, services and steel operations.

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How India's Richest Man Shook Up Its Phone Industry, In Charts

Reliance Jio has reported 2 quarters of profit, driven by subscription growth that has continued even after the firm began charging for data services.

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Indian Railways Ticket Cancellation: Charges And Other Details Here

Railways ticket cancellation rules: If a confirmed ticket is cancelled more than 48 hours before the scheduled departure of the train, charges stand at Rs 240 for AC first class.

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Latest Interest Rates On General Provident Fund, Other Schemes

Government has announced a hike in the interest rate of General Provident Fund (GPF) for the October-December quarter. Earlier, the government had announced a hike in interest rates of small savings...

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Vodafone Idea Offers Cashback On Prepaid Recharge Plans, Details Here

Under its new scheme, Vodafone is offering a 10 per cent cashback on prepaid recharge plans done via Paytm.

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Rupee Extends Gains, Up 6 Paise Against US Dollar In Early Trade

Rupee Vs US Dollar: Rupee strengthens by 6 paise to 73.42 against the US dollar in early trade on Wednesday on increased selling of the American currency by exporters and banks.

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Sensex Rallies Nearly 400 Points, Nifty Nears 10,700

Stock Markets On Wednesday: In the global markets, MSCI's broadest index of Asia-Pacific shares outside Japan added 0.7 per cent.

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What Rise In General Provident Fund Interest Rates Means For You

GPF account is a provident fund account available only for the government employees.

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RBI Lays Out Guidelines To Make Mobile Wallet Payments Seamless

Mobile wallets have become popular after a ban on high-value currency in late 2016 pushed people to pay digitally.

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Fuel Prices Rise: Delhi Petrol Dealers Call For Strike On October 22

Fuel prices today: In comparison to Delhi, fuel rates in bordering states like Uttar Pradesh and Haryana are cheaper.

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RBI Approves 3 Year-Term For Sandeep Bakhshi As ICICI Bank's CEO

Last month, the central bank curtailed the proposed 3-year term for Yes Bank MD and CEO Rana Kapoor, whose tenure was extended only till January end.

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Hero MotoCorp Q2 Profit Drops 3.4% To 976 Crore Rupees

The company sold about 2.1 million two-wheelers in the September quarter, compared with 2 million in the same period a year earlier.

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Rupee Closes Near 2-Week High, Climbs 35 Paise Against Dollar

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

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Walmart Trims Earnings Forecast To Include Impact From Flipkart Deal

In May, Walmart acquired Flipkart for $16 billion, its largest-ever deal, in order to compete with Amazon.com Inc in an important growth market.

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Interest Rate On General Provident Fund, Other Related Schemes Hiked

The interest rate on GPF was 7.6 per cent for the July-September quarter of 2018-19.

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Infosys Q2 Net Profit Grows 8.8% To $581 Million Against June Quarter

Infosys declared an interim dividend of Rs 7 per share, which will be paid on October 30, it said in a statement.

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Sensex Climbs Nearly 300 Points To Reclaim 35,150, Nifty Tops 10,580

Sensex, Nifty today: IndiaBulls Housing Finance, Eicher Motors, JSW Steel, Cipla and Infosys led the pack of Nifty gainers.

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Gold Prices Drop, Silver Follows Suit: 5 Things To Know

Gold, silver prices today: Globally, gold fell by 0.07 per cent to $1,226.90 an ounce and silver by 0.20 per cent to $14.73 an ounce in Singapore.

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India To See Largest Additional Oil Demand By 2040, Says OPEC

India's oil demand is expected to rise by 5.8 million barrels per day (bpd) by 2040, accounting for about 40% of the overall increase in global demand during the period, said OPEC's secretary general...

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Amid Looming US Sanctions, IOC Official Says, No Insurance For Iran Oil

"Insurance companies are providing for asset cover but are not covering the crude kept in storage," the official said on condition of anonymity.

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Everything You Want To Know About Bank Fixed Deposits (FDs)

Leading banks like State Bank of India (SBI), HDFC Bank, ICICI Bank, and Yes Bank offer the facility of opening a fixed deposit.

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Rupee Weakens By 9 Paise Against US Dollar In Early Trade

Rupee Vs US Dollar: At the Interbank Foreign Exchange, the domestic currency opened higher at 73.79 but lost ground and fell to 73.92.

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Sensex Rallies Over 150 Points, Nifty Above 10,550

Ahead of its second quarter earnings, Infosys (up 1.46 per cent) was the top gainer in the Nifty pack.

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Indo-American Firms Sue US Immigration Agency Over H-1B Visas Again

ITServe Alliance in its 43-page lawsuit filed last week alleged that the US Citizenship and Immigration Services has recently begun a practice of approving H-1B petitions for shorter than three years...

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Paul Allen, Microsoft Co-Founder And IT Revolutionary, Dies Of Cancer

Despite always staying in the shadow of Bill Gates, his partner and friend since they were teens, Allen was a passionate lover of computers and a key figure in the creation of Microsoft in 1975.

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Delhi Metro's Pink Line To Be Extended Soon. Here Are The Details

Anand Vihar (Blue Line), Karkardooma (Blue Line) and Welcome (Red Line) will be the three interchange stations on the stretch.

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GoAir Offers Flight Tickets From 1,099 Rupees On These Routes

GoAir currently operates 230 daily flights to 23 domestic destinations, with a fleet of over 35 aircraft.

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SBI's Rules: From Net Banking To Deposit Accounts, All Explained Here

From internet banking facility to investment schemes, SBI provides a variety of options for customer's requirements.

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Crisis-Hit IL&FS Gets Interim Relief Against All Creditor Actions

The government replaced the entire IL&FS board earlier this month after defaults on some of its debt triggered sharp falls in stock and debt markets.

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Rupee Closes At 73.83 Against Dollar, Breaks 3-Day Rising Streak

INR Vs USD: Dealers said a spurt in dollar demand from importers dragged down the domestic currency.

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This Government Has Hiked Dearness Allowance Amid Festive Cheer

The state has cleared a hike in dearness allowance (DA) amid the ongoing festive season. The revised allowance will be applicable retrospectively from July 1, 2018.

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Gold Prices Regain 200 Rupees On Festive Season Buying: 5 Things To Know

Gold, silver prices today: Sovereign gold showed some strength and traded Rs 100 higher at Rs 24,700 per piece of eight grams.

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"Review Payment Terms", PM Modi Tells Oil Suppliers Amid Rupee Pain

Prime Minister Narendra Modi urged global oil suppliers on Monday to review payment terms in order to give relief to the country which is struggling with a weakening currency.

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Exports Enter Negative Zone In September, Dip 2.15% Year-On-Year

Exports for the month of September declined 2.15 per cent as compared to the same period last year, according to government data released on Monday.

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Sensex Ends Over 100 Points Higher, Nifty Reclaims 10,500

Sensex, Nifty today: Prominent gainers in the 30-share Sensex pack were Infosys, ITC, ONGC, TCS, Sun Pharma and Wipro

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Saudi-Based Institution Halts Plan For $1 Billion Fund With Crisis-Hit IL&FS

The government replaced the IL&FS board this month and has said it will consider all available options to revive the company.

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IndusInd Bank Q2 Profit Rises 4.6% To 920 Crore Rupees

Gross bad loans as a percentage of total loans of Induslnd Bank stood at 1.09 per cent at end-September.

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Diesel Prices Hiked For Tenth Consecutive Day, Petrol Rates Remain Stable

Fuel prices today: Diesel prices have in the last 10 days been hiked by Rs 2.51 per litre.

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Risks Central Bank RBI Can't Ignore in India's Low Inflation Spell

Weaker than anticipated inflation data over the past few months suggests that the change in RBI's policy stance to calibrated tightening was rather premature, says an expert.

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The Big Beneficiaries of India's $10 Billion Clean Air Drive

Prime Minister Narendra Modi's mandate for gas outreach is expected to boost earnings of the smaller mills such as Maharashtra Seamless Ltd., Ratnamani Metals & Tubes Ltd., Jindal Saw, and Man...

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September Wholesale Inflation At 5.13% Against 4.53% In August

Wholesale inflation based on the wholesale price index stood at 5.13 per cent in September as compared to 4.53 per cent in August, government data showed on Monday.

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Rupee Breaks 3-Day Upward Trend, Slips 36 Paise Against US Dollar

Rupee Vs US Dollar: Dollar's strength against some other currencies, volatile opening of equity markets also impacted the local currency, said dealers.

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Sensex Edges Lower, Nifty At 10,471

Losing between 1.26 and 2.29 per cent, Hindustan Petroleum, Hindustan Unilever, Asian Paints, ICICI Bank and Mahindra and Mahindra were the top five Nifty losers.

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"Working On Solution To Release Salaries", Jet Airways Tells Staff

Jet Airways has also met the representatives of the pilots and will communicate a solution in the coming week.

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IRCTC Launches 'AskDisha' Chatbot For Customer Support And Engagement

AskDisha will support several regional languages and will be voice-enabled and will soon be integrated with the IRCTC android app.

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GoAir Launches Second International Route, Check Flight Schedule Here

GoAir international schedule: With the launch of international flights, GoAir becomes the sixth domestic airline to start international operations.

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Recurring Deposit Interest Rates: Here's What Top Banks Pay

Recurring deposit interest rates, once determined, do not change during the tenure. In fact, the Reserve Bank of India ensures that strict guidelines are followed by banks.

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Railway Recruitment: Vacancy, Eligibility, Last Date And Other Details

Railway recruitment drive: The list of eligible candidates for interview will be displayed on college notice board on October 31, 2018.

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Indian Railways Ticket Reservation Rules: Key Things To Know

Indian Railways reservation rules: Advance reservations are made generally up to 120 days in advance for all classes and all trains.

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Post Office Saving Schemes: Fixed Deposit Account Compared To Recurring Deposit Account

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

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

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

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Airtel Announces 100GB Bonus Data For Select Customers. Details Here

On infinity postpaid recharge plan of Rs 499 and above, the customer will also get three months Netflix subscription gift worth Rs 1500.

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Q2 Results, Fund Flows, Macro Data To Drive Market This Week, Say Experts

On a weekly basis, the rupee closed at 73.56 last Friday, strengthening by 21 paise from its previous week's close of 73.77 per greenback.

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Petrol, Diesel Prices: Check Fuel Rates In Your City Today

Fuel prices today: In Delhi, petrol price stood at Rs. 82.72 per litre and diesel at Rs. 75.38 per litre.

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RBI Unlikely To Hike Key Lending Rates In Current Fiscal, Says Report

On October 5, held the key lending rate unchanged in the context of an uncertain global economic scenario but turned hawkish in its stance.

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Jet Airways Offers Domestic Flight Tickets From Rs. 1,313. Details Here

Jet Airways' sale offer: However, to avail the sale offer, customers need to book tickets via airline's website and app, said the airline.

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

In Delhi, gold of 99.9 per cent and 99.5 per cent purity fell by Rs 70 each to Rs 32,050 and Rs 31,900 per 10 grams, respectively.

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Looking To Open An SBI Zero Balance Account? Here Are 5 Options

State Bank of India (SBI), country's largest lender, offers certain accounts where average monthly balance (AMB) rule is not applicable. These accounts do not require customers to maintain any...

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Indian Railways Luggage Rules: Free Allowance Limit And Other Details

Indian Railways luggage rules: Maximum size of the trunks/suitcase that can be carried in the AC-3 tire and AC chair car compartment is 55 cms x 45 cms x 22.5 cms.

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ATM Services, Transactions Offered, Cash Withdrawal Limits, More Details

ATM cards (which also act as debit cards), credit cards and prepaid cards (that permit cash withdrawal) can be used at ATMs for various transactions. For transacting at an ATM, you need to insert or...

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Vistara To Operate Special Flight On October 15, Fares Start From 3,189 Rupees

Vistara unveiled its 22nd aircraft on September 1, 2018, an Airbus A320 neo with a retro-livery, along with a historic aircraft registration number.

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Fixed Deposit Interest Rates Of Key Lenders Compared

The fixed deposits (FDs) usually offer higher interest rates to senior citizens as compared to those for the general public.

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SBI Net Banking May Get Blocked If Cell Number Not Linked By December 1

Customers, who fail to register it before the deadline, will not be able to access the net banking, SBI said.

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Diesel Demand In September Fell For First Time In 10 Months

A sharp fall in the value of rupee and soaring oil prices led to record high prices of diesel and petrol, forcing the government to cut taxes on them.

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Petrol Price Hiked By 18 Paise Per Litre In Delhi, Diesel Rate Raised

Petrol, diesel prices: The monthly diesel consumption fell for the first time in 10 months year-on-year in September.

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Sebi Exempts Bandhan Bank From 1 Year Lock-In On Promoter Shares

The promoter holding in Bandhan Bank currently stands around 82 per cent after a successful Initial Public Offer (IPO), launched in March this year.

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United Breweries Shares Fall Following Raids By Fair Trade Regulator

Shares in United Breweries (UB), known for its Kingfisher brand, closed down 1.3 per cent in Mumbai, as the broader market rose 2.3 per cent on Friday.

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September Inflation At 3.77% Refuels Expectations Of RBI Rate Hike

Higher food and fuel prices, and weakness in the rupee led to retail inflation picking up to 3.77 per cent last month.

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Rupee Gains Sharply To Return To 73 Levels Against Dollar

Stock markets bounced back to register their biggest single-day gain since March 2017. The 30-share Sensex gained a 2.2 per cent and the broader Nifty 2.3 per cent, a day after they registered a...

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GoAir Offers Domestic Flight Tickets From 1,099 Rupees. Details Here

The fares under GoAir's scheme are applicable on travel from October 28, 2018 to January 31, 2019.

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Higher Fuel Cost, Rupee Fall Lead To 5.6% Fall In Passenger Vehicle Sales

This is the first time that year-on-year passenger vehicle sales have fallen in three consecutive months since April 2014, when the economy had slowed and the rupee had also weakened.

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IL&FS Crisis: New Board Initiates Austerity Measures

After its first meeting last week, the newly constituted IL&FS board, said that it would consider all available options to revive the firm.

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Consumer Inflation Accelerates To 3.77% In September

The Reserve Bank of India (RBI) primarily tracks consumer inflation data while formulating the monetary policy. The central bank is due to conduct its next policy review in December.

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SBI Chief Rajnish Kumar Sees Bad Loan Provision Falling After 2 Quarters

Indian banks have been plagued by a surge in non-performing loans which hit a record $150 billion at the end of March.

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Opinion: India's Mutual Fund Carnage Shows Peril Of Ignoring Liquidity

Individual investors started returning to collective investment vehicles after the 2014 general elections, hoping for a reset to an economy held back by corruption scandals and policy paralysis. They...

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Hindustan Unilever Posts Rs 1,525 Crore Profit In Q2, Beats Estimates

Revenue from the Mumbai-headquartered company's home-care segment, which includes brands such as Vim and Surf Excel, rose 12.4% to Rs 3,080 crore.

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

In Delhi, gold of 99.9 per cent and 99.5 per cent purity rose further by Rs 140 each to Rs 32,120 and Rs 31,970 per 10 grams, respectively.

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Sensex Jumps 732 Points, Nifty Reclaims 10,450

The Nifty Bank - comprising banking stocks - finished 2.5 per cent higher. Prominent gainers included PNB, Kotak Bank, IDFC Bank and IndusInd Bank, rising around 4-5 per cent each. IT stocks bucked...

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Airtel Offers 105 GBs Data In Prepaid Plan Priced At Rs 398, Details Here

Under its new Rs 398 plan, Airtel is offering 105 GBs of data with a daily limit of 1.5 GB per day.

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Latest Updates On SBI Minimum Balance Rules, Zero Balance Accounts

State Bank of India (SBI), the largest lender of the country, levies certain charges if customers fail to maintain minimum balances in their savings accounts. However, at the same time, it has several...

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

To avail this facility, customers can now approach the nearest Railway Reservation Office with Electronic Reservation Slip print out.

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Sensex Soars Nearly 700 Points, Nifty Above 10,400: 10 Points

The domestic stock markets rebounded from Thursday's losses to post solid gains in early trade on Friday ahead of the release of key macroeconomic data. The S&P BSE Sensex opened at 34,291.92 and the...

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Rupee Gains 38 Paise Against US Dollar On Easing Crude Prices

Rupee Vs US Dollar: Rupee strengthens by 38 paise to 73.74 against the US dollar in early trade in the forex market after global crude prices eased.

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Sensex Jumps Over 400 Points, Nifty Hits 10,350

On Thursday, the Sensex had closed 759.74 points or 2.19 per cent lower at 34,001.15, and the Nifty had settled at 10,234.65, down 225.45 points or 2.16 per cent.

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Government Sees Rupee Appreciating Going Ahead, Says Source

The domestic equity markets nosedived as much as 3 per cent in intraday trade on Thursday, after a selloff in global peers.

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Government Considering More Import Curbs To Prop Up Rupee: Report

The government is trying to curb overseas shipments to prevent a further widening of the current-account deficit and stem the fall of the rupee. The currency, which has been plummeting for six...

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

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

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GoAir Commences International Operations. Check Schedule Here

GoAir Intentional operations: The flight from Phuket to Mumbai will start from October 12 at an introductory fare of Rs. 18,999.

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Rupee Hits New All-Time Low, Closes Mildly Higher Against Dollar

The rupee closed marginally higher against the dollar on Thursday. At 74.12 per dollar, the rupee registered a gain of 9 paise against the greenback for the day. The rupee touched a fresh all-time low...

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TCS Posts Record Quarterly Profit Of Rs. 7,901 Crore In July-September

Revenue from the company's biggest revenue stream BFSI, rose 19.8% to Rs 14,648 crore, the Mumbai-headquartered company said in a statement today.

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How Donald Trump Is Rerouting the World's Oil Tankers: Report

"If you combine the impact of US sanctions on Iran and the US trade war with China, it is Trump's foreign policy which is reshaping oil flows," said Olivier Jakob, managing director of consultancy...

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TCS Reports Net Profit Of Rs 7,901 Crore In September Quarter

Revenue stood at Rs 36,854 crore for the second quarter of the financial year, up 20.7 per cent compared to the corresponding period a year ago.

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Gold Prices Continue To Rise On Festive Demand: 5 Things To Know

In Delhi, gold of 99.9 per cent and 99.5 per cent purity rose by Rs 130 each to Rs 31,980 and Rs 31,830 per 10 grams, respectively.

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Sensex Closes 759 Points Lower, Nifty Settles At 10,234

The rupee fell to a record low of 74.48 per dollar, taking its overall losses to more than 16 per cent so far this year.

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3 Amrapali Promoters To Be Kept At A Noida Hotel Under Police Lens

3 Amrapali promoters to be kept at a Noida hotel for 15 days under police surveillance, says top court

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Cyclone Titli: List Of Trains Cancelled, Rescheduled, Diverted Today

Cyclone Titli: East Coast Railway (ECoR) has cancelled at least eight trains and suspended services between many stations.

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Orderly Rupee Depreciation To Up Competitiveness: World Bank Official

The remarks by Martin Rama, the Chief Economist for the South Asia region at the World Bank, came as the rupee hit an all-time low of 74.45 against the US dollar on Thursday. Elevated oil prices, a...

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Rupee Crashes To All-Time Low Of 74.48 Against US Dollar: 10 Points

The rupee touched a lifetime low of 74.48 against the US dollar on Thursday, reported news agency Reuters. Sustained capital outflows and sharp losses in stock markets weighed on the domestic...

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Amrapali Says Seven Group Properties Sealed

Amrapali group informs Supreme Court that its seven properties in Noida, Greater Noida, Rajgir and Buxar in Bihar have been sealed, reports news agency Press Trust of India.

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Asian Shares Plummet After Wall Street Rout; Shanghai At Near 4-Year Lows

Shanghai shares dropped 4.3%, on track for their worst day since February 2016, to their lowest level since late 2014, while China blue chips slid 4%.

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IMF Defends Rate Hikes After Donald Trump Comments On US Federal Reserve

Trump's comments Wednesday triggered a sell-off on Wall Street, with Asian markets opening sharply lower on Thursday in response.

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Sensex Plunges Over 900 Points On Global Rout

Sensex plunges over 900 points on global rout

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Rupee Hits Fresh Record Low

Rupee hits all-time low of 74.45 against US dollar, reported news agency Press Trust of India.

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Older Generation Of Leaders Moves On As Top Private Banks Fight Bad Loans

"The RBI action sends a strong signal to boards to take their jobs a lot more seriously when it comes to evaluating CEO performance and the question of succession planning," said T.T. Ram Mohan, a...

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Reliance Jio Announces JioPhone 2 Flash Sale On Thursday, Details Here

Reliance Jio also announced a cashback of Rs 200 on purchase of the JioPhone 2 device in the sale using digital wallet Paytm. Thursday's flash sale of JioPhone 2 marks a sixth such sale since the...

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Airtel 289 Rupees Prepaid Plan Offers Unlimited Calling For 84 Days

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

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Government Cuts Excise Duty On Jet Fuel To 11%

The new reduced tax will be effective from Thursday, the government order said, adding that it was "satisfied that it is necessary in the public interest".

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Rupee Fall Has A Surprising New Reason: Not Oil, But RBI

Reserve Bank of India Governor Urjit Patel's comments Friday that the rupee's drop is moderate in comparison to emerging market peers and that the central bank doesn't have any target in mind unnerved...

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AirAsia India Appoints Tata Steel's Sunil Bhaskaran As CEO

AirAsia India airline is a joint venture between Tata Sons and Malaysia's AirAsia Berhad.

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Fixed Deposit Interest Rates Of Top Banks 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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Public Health Groups For Hike In Cess On Tobacco Products

The overall tax rate on all tobacco products in India is still very low compared to other middle-income countries, including those in South Asia.

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Rupee Closes Higher Against Dollar After 6 Days Of Fall

The mild recovery in the rupee comes after some weakness in the dollar against major currencies overnight.

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Amazon India Sale: Here Are Top Deals, Offers Available On Products

Under this sale, Amazon is offering discounts on smartphones, electronic devices, kitchen products, daily essentials, garments, among others.

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Crude Oil Price Seen At $65-$100 A Barrel Next Year

Oil has rallied this year on expectations the sanctions will test the production ability of the Organization of the Petroleum Exporting Countries and others as Iranian crude exports decline.

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Crisis-Hit IL&FS Needs 100 Crore Rupees Monthly To Stay Afloat: Report

IL&FS will also be the test case for National Financial Reporting Authority(NFRA), the source said.

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Saudi Arabia To Supply Extra Oil To India Amid US Sanctions On Iran: Report

This indicates a willingness by Saudi Arabia to increase crude supply to make up the shortfall once sanctions by the United States on Iran start up on November 4.

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Gold Prices Jump On Festive Demand: 5 Things To Know

In Delhi, gold of 99.9 and 99.5 per cent purity surged by Rs 200 each to Rs 31,850 and Rs 31,700 per 10 grams, respectively.

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Sensex Closes 461 Points Higher, Nifty Reclaims 10,450

The return of strength in the markets comes ahead of the start of corporate earnings season and release of key macroeconomic data.

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AirAsia India May Appoint Tata Steel Executive As New CEO: Report

AirAsia India is a joint venture between India's autos-to-steel conglomerate Tata Sons and Malaysian low-cost carrier AirAsia Group Bhd.

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Supreme Court Orders Sealing Of 9 Properties In Amrapali Case

In further trouble for the embattled Amrapali Group, the Supreme Court on Wednesday ordered sealing of nine properties where the documents meant to be sent to the auditors are lying. ...

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Cabinet Approves 2,044 Crore Rupees For Bonus To 11.91 Lakh Railway Staff

The announcement was made by Union Law Minister Ravi Shankar Prasad while addressing a press conference.

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Bandhan Bank Q2 Profit Jumps 47% To 488 Crore Rupees

Gross bad loans of Bandhan Bank as a percentage of total loans stood at 1.29 percent by end-September.

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India's Debt Lower Than Best Economies, Says Top IMF Official

In India, private debt in 2017 was 54.5 per cent of the GDP and the general government debt was 70.4 per cent of the GDP.

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GoAir To Launch First International Flight On October 11. Check Schedule

GoAir currently operates 230 daily flights to 23 domestic destinations, with a fleet of over 35 aircraft.

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Flipkart Big Billion Days Sale Begins: Products, Discounts, Other Details

Flipkart kick-started its annual festive season sale - The Big Billion Days - with effect from Wednesday. Flipkart Big Billion Days sale will run from October 10-14.

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Five IL&FS Companies Face Probe For Fund Diversion: Report

The five firms constitute for more than 50 per cent of the entire group's revenue and may have diverted funds in projects that were worth Rs 30,000 crore.

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Air India To Launch New Flight Services From November

According to Air India, the service will be operated by a Boeing 787 Dreamliner aircraft.

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September Inflation Likely Rose To RBI's Medium-Term Target Of 4%: Poll

The rupee tumbled to a new low of 74.395 against the U.S. dollar on Tuesday and Brent crude, costliest import item, hit a four-year high this month.

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Sensex Surges Over 400 Points, Nifty Firm Above 10,400: 5 Points

The domestic equity markets made posted strong gains in Wednesday's session led by broad-based gains. After a positive opening, the market got a lift-off on strong buying by domestic investors and the...

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Rupee Likely To Continue Trading Near Record Lows Over Coming Year: Poll

A majority, 27 of 48 analysts, said the risks were skewed more towards the rupee strengthening against the greenback over the next year.

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Rupee Recovers On Reports Of Government Measures To Boost Flows

Rupee Vs US Dollar: The partially convertible rupee was trading at 74.26/27 per dollar at 9:15 am versus Tuesday's close of 74.41, which was a record low.

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Sensex Up Over 150 Points, Nifty Tops 10,350

Foreign portfolio investors sold net shares of Rs 1,242.46 crore crore on Tuesday, showed provisional data from the NSE.

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SBI To Give 30,000-Crore Additional Support To Cash-Strapped Firms

The decision of SBI, said Economic Affairs Secretary Subhash Chandra Garg, should alleviate liquidity concerns of non-banking financing companies (NBFCs) to a great extent.

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Government Considering Tapping NRIs To Prop Sliding Rupee: Report

The risk of a widening current-account deficit left the rupee vulnerable to the rout in emerging markets amid surging oil prices, trade tensions and rising US interest rates. The rupee fell 0.4...

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Snapdeal Offers Discount On Select Items In Diwali Sale

Snapdeal has tied up with SBI (State Bank of India), HDFC Bank, Standard Chartered, IndusInd Bank and Federal Bank for exclusive offers.

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Sebi Allows Foreign Entities In Commodity Derivatives Market

The move comes after Sebi in its board meeting last month approved the proposal in this regard. Currently, foreign entities are not permitted to directly participate in the commodity derivatives...

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Amazon India Kicks Off Great Indian Festival Sale: 10 Things To Know

The Great Indian Festival sale from Amazon comes amid high competition in the country's e-commerce market.

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Flipkart The Big Billion Days Sale: Dates, Offers, Discount On Products

Under Flipkart's The Big Billion Days sale, customers can avail up to 90% off on fashion apparel, up to 80% discount on home, furniture, TVs and appliances and "jaw dropping deals" on mobiles, the...

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Gold Prices Fall By 220 Rupees Amid Weak Global Cues

Gold, silver prices today: Sovereign gold remained steady at Rs 24,600 per piece of 8 gram in restricted activity.

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SBI Raises Target For Purchase Of Loan Portfolio

SBI said it believes that there is a "good opportunity" to expand its loan portfolio at "attractive rates".

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Rupee Falls To All-Time Closing Low Of 74.39 Against Dollar

The rupee declined to register a new life-time low of 74.27 against the greenback during the session, but recovered some of those losses by the end of the session.

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Government Likely To Miss Fiscal Deficit Target For FY19: Moody's

The government announced cuts in excise duty on gasoline and diesel last week, to soften impact of sharp rise in global crude oil prices on consumers.

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Supreme Court Orders Three-Day Police Custody For Amrapali Directors

Amrapali Group directors Anil Kumar Sharma, Shiv Priya and Ajay Kumar failed to provide the documents relating to the company's accounts to forensic auditors.

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Sensex Drops 174 Points, Nifty Settles At 10,301

Sensex, Nifty today: Prominent losers in the Sensex pack were Bharti Airtel, Reliance, Hindustan Unilever, Maruti, Asian Paints and Tata Motors.

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Types of Zero Balance Accounts Offered By India Post Payments Bank

India Post Payments Bank offers three types of zero balance savings accounts: regular savings account, digital savings account, and basic savings bank deposit account.

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Rupee Hits Lifetime Low Of 74.26 Against US Dollar

Rupee hits all-time low of 74.26 against US dollar, reports news agency Press Trust of India (PTI).

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Railway Employees Likely To Get 78-Day Wages As Bonus Before Dussehra

This will be seventh year in a row that 78-days' wages are given as PLB to railway employees.

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Rupee Recovers Against Dollar: 10 Things To Know

Backed by fresh selling of the American currency by banks and exporters, the rupee strengthened by 18 paise to 73.88 in early trade on Tuesday, reported news agency Press Trust of India (PTI). Easing...

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Rupee Gains 18 Paise Against Dollar In Early Trade

Rupee Vs Dollar: Rupee makes cautious recovery against the US dollar on fresh selling of the American currency by banks and exporters.

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Sensex, Nifty Trade With Gains; Yes Bank Up Over 3%

Asian shares hit 17-month lows as China allowed its currency to slip past a psychological bulwark.

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India To Be Fastest Growing Major Economy For Two Years, Says IMF

IMF acknowledges the economic reforms carried out under Prime Minister Narendra Modi. Beyond 2019, the IMF sees India's growth rate improving "owing to structural reforms and a still-favourable...

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Amazon India Says All Sellers On Its Platform Treated Equally

The statement from Amazon India comes days after a petition filed with fair trade regulator CCI alleged that the e-commerce company favours merchants that it partly owns. Amazon has scheduled its...

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Looking To Invest In Gold Bonds? 10 Things You Need To Know

Sovereign gold bond (SGB): The subscriber is allowed a maximum limit of 4 kilograms in case of individuals and HUFs in a financial year. The sovereign gold bond is denominated in multiples of one gram...

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Gati Shares Fall 10% After CARE Downgrade

CARE cut its rating on Gati's long-term bank facilities to 'BBB' from 'A-', and downgraded short-term bank facilities to 'A3+' from 'A2+', according to a regulatory filing. Investors are paying closer...

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National Housing Bank Raises Refinance Limit

The revision in the refinance limit comes on the back of rising contagion fears after IL&FS, a major infrastructure financing and construction company, defaulted on some of its debt obligations.

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Due Date For Filing Income Tax Return, Audit Report Extended

The Central Board of Direct Taxes, the apex policymaking body of the Income Tax Department, said the due date for filing of income tax returns and audit reports for Assessment Year 2018-19 is October...

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These Banks Offer Up To 7.25% On Savings Account Deposits

Small finance banks like ESAF Small Finance Bank, Equitas Small finance Bank and Suryoday Bank offer higher interest rates on savings, fixed deposit (FD), and recurring deposit (RD) accounts.

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GoAir Offers Flight Tickets From 999 Rupees On Select Routes

The travel period of the offer starts on October 10, 2018 and ends on October 31, 2018, said IndiGo.

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Rupee Closes Below 74 Mark Against Dollar For First Time

The further loss in the rupee came after last weeks move by theReserve Bank of India (RBI) to keep the key interest rates on hold, while changing its stance to 'calibrated tightening" from 'neutral' -...

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Gold Rates Edge Lower On Weak Global Cues: 5 Things To Know

Gold prices today: Globally, gold price fell by 0.66 per cent to $ 1,197.50 an ounce and silver by 0.11 per cent to $ 14.48 an ounce in Singapore.

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Petrol, Diesel Prices Continue To Rise Despite Excise Duty Cut

Fuel prices today: The centre on Thursday cut excise duty by Rs 1.50 per litre and asked state-run oil companies to subsidise fuel by Re 1.

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Sensex, Nifty Break 3-Day Losing Streak

The Reserve Bank of India on Friday maintained status quo on key lending rates. That led to the rupee hitting a record low and surprisedanalysts who had expected a rate hike to counter inflationary...

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Fixed Deposit Returns Of Top Banks On Deposits Below 1 Crore Rupees

FD interest rates vary across banks and tenures. FD interest rates are subject to change from time to time.

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Opinion: Political Pressures Make For Bad Policy In India

The RBI's steadiness on rates was born of its belief that inflation was close enough to the bank's target zone. Now, you might disagree with this belief -- as I do -- but there's no question that the...

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Dewan Housing Finance, Edelweiss Financial Shares Slip After RBI Plans To Tighten Norms

The RBI left key policy rates unchanged on Friday, and urged all financial firms to use long-term funds rather than rely on short-term funding.

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IndiGo Announces New Destinations, Flight Tickets Start From 5,799 Rupees

Customers willing to plan their travel can book tickets through the airline's official website- goindigo.in, said IndiGo.

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2 Firms Place Orders For Iranian Oil Ahead Of US Sanctions: Centre

The government does not yet know if it will be granted a waiver from US sanctions on Iran, he added.

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Aavas Financiers Shares Drop 13.5% On Market Debut

The IPO was subscribed 0.9 times at close amid fears of non-banking financial companies facing a credit crunch.

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Rupee Again Inches Closer To 74-Mark, Down 14 Paise Against Dollar

Rupee Vs US Dollar: The rupee registered a fresh all-time closing low of 73.76 against the dollar on Friday.

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Sensex Down Over 250 Points, Nifty Below 10,250

On Friday, the Sensex had closed at 34,376.99, down 792.17 points or 2.25 per cent and the Nifty50 had settled at 10,316.45, with a loss of 282.80 points or 2.67 per cent.

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India Post Payments Bank Offers These 3 Types Of Savings Accounts

Interest rates on all three types of savings accounts are fixed at 4 per cent per annum, according to the official website of India Post.

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Airtel's New Rs. 159 Prepaid Plan Offers Unlimited Calling, Details Here

The addition of the Rs. 159 plan to Airtel's prepaid portfolio comes amid high competition in the telecom industry.

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

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

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Rupee, Oil Prices To Drive Equity Indices This Week, Say Experts

Last week, the rupee touched a fresh low of over 74 to a US dollar in the spot market. It settled at a record closing low of 73.77 per US dollar on October 5.

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Petrol, Diesel Prices Continue To Rise: 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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Zero Balance Savings Account: SBI Vs HDFC Bank Vs ICICI Bank

Customers also get a number of facilities such as debit and ATM cards and internet banking with basic savings bank deposit (BSBD) account.

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Tatkal Tickets Reservation: Booking Rules, Timings For AC, Non-AC Classes

Indian Railways Tatkal Scheme: You can book only a maximum of four passengers onTatkal tickets per PNR (Passenger Name Record).

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No Reversal On Deregulation Of Petrol, Diesel Prices, Says Arun Jaitley

Government seeks to assure investors that it would not go back to regulating fuel prices, a day after oil company shares tumbled on concerns about a return to a regime that has hurt their profits in...

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What Key Lenders Offer To General, Senior Citizens On Fixed Deposits

Bank fixed deposits or FDs are safe instruments of fixed income. When you invest money in a fixed deposit, banks guarantee the rate of annual return on your investment.

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Local Demand, Strong Global Cues Lift Gold Prices: 5 Things To Know

In the national capital, gold of 99.9 per cent and 99.5 per cent purity rebounded by Rs 50 each to Rs 31,900 and Rs 31,750 per 10 grams, respectively.

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Post Office Saving Schemes: Revised Interest Rates On 9 Accounts Compared

Interest rates on post office saving schemes move in line with the government's interest rates on small savings schemes, which are revised on a quarterly basis.

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Petrol, Diesel Prices Rise In Metros Despite Cuts; Check Rates Here

Petrol, 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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Latest Fixed Deposit Interest Rates Of HDFC Bank Effective From Today

The latest FD interest rates of HDFC Bank were released a day after the Reserve Bank of India kept key lending rates on hold in its fourth bi-monthly policy review meeting.

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Fiscal Deficit Slippage To Impact Inflation, Says RBI

On September 28, the Centre reduced its borrowing estimate by Rs 70,000 crore to Rs 2.47 lakh crore in second half of fiscal 2018-19.

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'Government Took Control Of IL&FS To Avert Catastrophic Damage'

The government said IL&FS was not making enough profits to take care of its interest expenses, leading to defaults and rating downgrades.

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Performance Bonus For FY18 To Cost Coal India 1,600 Crore Rupees

The 10th Joint Bipartite Committee for the Coal Industry (JBCCI - X) comprises representatives from management and central employees' unions.

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IndiGo Offers Flight Tickets From 1,199 Rupees. Booking Details Here

The offer is valid only on non-stop flights on various sectors across IndiGo's domestic and international network, said IndiGo.

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Rupee Dips Below 74 For 1st Time, Ends At Record 73.76/Dollar: 10 Points

The rupee registered a new all-time closing low of 73.76 against the dollar on Friday, gaining some ground after breaching the 74 mark for the first time ever during the session. The fourth...

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RBI Holds Key Lending Rates, Here's What Experts Say

The monetary policy committee kept the repo rate unchanged at 6.50% on Friday.

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Gold Prices Break 2-Day Rising Streak: 5 Things To Know

In the national capital, gold of 99.9 per cent and 99.5 per cent purity dropped Rs 250 each to Rs 31,850 and Rs 31,700 per 10 grams, respectively.

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Indian Oil, MRPL May Buy 9 Million Barrels Of Iranian Oil Next Month

The United States has said it plans to impose new sanctions targeting Iran's oil sector on November 4.

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RBI Keeps Key Rates Unchanged, Rupee Breaches 74-Mark: 10 Points

In a surprise move, the Reserve Bank of India (RBI) kept the repo rate- the rate at which it lends loans to commercial banks - unchanged at 6.5 per cent. The reverse repo rate or the rate at which RBI...

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RBI Keeps Repo Rate Unchanged, Here Are Key Highlights

The Monetary Policy Committee (MPC) voted 5:1 in favour of a status quo, with only Chetan Ghate voting for a 0.25 per cent hike.

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Government's Measures Would Stabilise Crisis-Hit IL&FS: RBI

IL&FS is a major infrastructure finance and construction company, which has built up big debts and is now facing a credit crunch.

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Sensex, Nifty Close Sharply Lower After RBI Maintains Status Quo On Rates

Shares in state-owned oil marketing companies Indian Oil, BPCL and HPCL hit multi-year lows, a day after the government announced a Rs 2.50-per-litre cut in petrol and diesel prices to reduce the...

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Rupee Fall Moderate As Compared To Emerging Market Peers: RBI Governor

Rupee fall is moderate in comparison to emerging market peers, RBI Governor Urjit Patel says. ...

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RBI Keeps Repo Rate Unchanged At 6.5%; Rupee Tumbles

RBI Monetary Policy: The panel however, shifted its policy stance to 'calibrated tightening" from 'neutral'. Five of the six panel members voted to leave the rate unchanged.

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Rupee dips below 74 for the first time against dollar

Rupee dips below 74 for the first time against dollar

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Reserve Bank of India (RBI) Keeps Repo Rate Unchanged At 6.50%

Reserve Bank of India (RBI) keeps key lending rate unchanged at 6.5%

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Jet Airways Offers Up To 30% Discount On Flight Tickets. Details Here

Jet Airways discount offer: For travel in premiere section within the country, tickets must be purchased a minimum of 8 days prior departure.

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Petrol, Diesel Price Cut: Indian Oil, Other Fuel Retailers Fall Over 20%

The government on Thursday announced a 2.50 rupees-per-litre cut in the prices of gasoline and diesel.

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Fuel Prices Fall In Major Cities After Government Announces Cuts

Petrol, diesel prices: While Maharashtra effected the cut only on petrol, all other states did it on both fuels.

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Rs 2.5 Fuel Price Cut Could Cost Centre $1.42 Billion Till End Of March

The central government will cut excise duty on petrol and diesel by Rs 1.5 a liter, Finance Minister Arun Jaitley said in Delhi on Thursday, a day before the inflation-targeting Reserve Bank of India...

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World's Costliest Cities For A Home: Mumbai In "Impossible Dream" Pack

In 15 of the 100-plus municipalities surveyed by Bloomberg, the monthly housing cost for units used in the analysis would be at least double an average income. Mumbai, Buenos Aires and Kiev led the...

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Rupee Gains 6 Paise Against US Dollar

Rupee Vs US Dollar: Rupee closed 24 paise lower against the dollar at 73.58 on Thursday.

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Sensex Sheds Over 200 Points Ahead Of Outcome Of RBI Policy Meet

The domestic stock markets opened in the red ahead of the outcome of the three-day policy review meeting of the Reserve Bank of India (RBI).

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Fuel Prices Cut In 11 States After Centre Reduces Rates By Rs 2.5/Litre

Petrol, diesel price cut: The 11 states which announced cuts in petrol and diesel prices are Maharshtra, Madhya Pradesh, Jharkhand, Chhattisgarh, Assam, Uttar Pradesh, Haryana, Jammu and Kashmir,...

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IL&FS Appoints Vineet Nayyar As Managing Director

The government replaced the company's entire board on Monday after recent defaults on some of its debt obligations triggered declines in stock and debt markets, leading to concerns about broader risk...

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Rupee Falls To All-Time Closing Low Of 73.58 Against Dollar: 10 Points

The rupee had closed at 73.34 on Wednesday. The three consecutive days of weakness in the rupee come ahead of the Reserve Bank of India's bi-monthly policy statement due on Friday.

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Gold Prices Rise, Silver Rates Ease: 5 Things To Know

Gold, silver prices today: Persistent buying by local jewellers and positive global cues, mainly kept gold higher, said traders.

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Chanda Kochhar, Once Among "Most Powerful Women", Retires From ICICI Bank

Chanda Kochhar began her career, with the erstwhile ICICI Limited in 1984 and was elevated to the Board of Directors of ICICI Bank in 2001.

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Sensex Plunges 806 Points, Nifty Settles Below 10,600

The Sensex and Nifty has fallen sharply on the back of selling witnessed across all Asian markets.

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Chanda Kochhar Quits As ICICI Bank Chief: 10 Things To Know

Chanda Kochhar has quit as CEO and managing director of the ICICI Bank, the lender said on Thursday. Ms Kochhar is being investigated for charges of conflict of interest and has been on leave since...

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Government announces excise duty cut of Rs 2.5 per litre on fuels

Finance Minister Arun Jaitley on Thursday announced a reduction in excise duty applicable to petrol and diesel in the country.

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The Journey Of Sandeep Bakhshi - An Engineer Turned Banker

At present, Sandeep Bakhshi reports to Chanda Kochhar, who was on a leave. His current term as whole-time director and chief operating officer (COO) designate started on July 31 for a period of three...

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Chanda Kochhar Quits As ICICI Bank CEO, Sandeep Bakshi To Replace Her

Sandeep Bakhshi has been appointed as the Managing Director & Chief Executive Officer of ICICI Bank, the lender said.

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RBI May Hike Repo Rate To Combat Inflationary Pressures, Say Experts

A rate hike should make domestic yields on debt more attractive for foreign investors.

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Direct Tax Collections Rise Nearly 17% In April-September, Refunds Up 30%

Income Tax Refunds: The Ministry of Finance said that refunds during the half-yearperiod rose30.4 per cent toRs.1.03 lakh crore.Net collections - after adjusting for refunds - rose 14 per cent to Rs....

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The Untold Tale Behind Team Modi's Shock Takeover Of IL&FS

The stunning move, more typical of China's command-and-control economy than a free-wheeling democracy like India, caught investors by surprise. Prime Minister Narendra Modi's government also unveiled...

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Services Activity Eases To Four-Month Low In September, Shows Survey

A sub-index tracking new business orders - a measure of demand - declined to a seven-month low of 50.1 in September from 51.0 in August.

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Supreme Court allows ArcelorMittal, NuMetal to take part in the bidding of Essar Steel

The Supreme Court on Thursday allowed ArcelorMittal and NuMetal to take part in the bidding of Essar Steel.

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Supreme Court refuses to stop deportation of 7 Rohingya to Myanmar today

Supreme Court refuses to stop deportation of 7 Rohingya to Myanmar today

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Sensex Sinks Over 600 Points, Nifty Below 10,800

Share markets on Thursday: Prominent losers in the Sensex pack were Maruti, ICICI Bank, Reliance, Asian Paints, Mahindra & Mahindra and Yes Bank.

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Rupee Hits All-Time Low Of 73.77 Against US Dollar

INR Vs USD: On Wednesday, the rupee declined sharply lower against the US dollar to close at a record 73.34.

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SBI Interest Rates: Types Of Accounts, Maturity Periods And Other Details

SBI's deposit schemes: The rate of interest offered on different schemes vary depending on the period of deposit and account chosen.

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State-Owned Oil Retailers Allowed To Raise $10 Billion From Overseas

The move comes against the backdrop of rising crude oil prices in the international market which is near $85 to a barrel.

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Government's Rescue Of IL&FS May Lead To Major Losses For Banks: Report

The beleaguered company's debt pile had grown to more than Rs 90,000 crore ($12.33 billion).

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