BSNL To Pay July Salary By August 5, Assures Chairman P K Purwar

In February this year, BSNL had defaulted on salaries, paying them on March 15 due to tightening revenue conditions.

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Monsoon Rains To Make Up For Early Shortfall: Weather Department Chief

The slow progress of the June-to-September monsoon season had led to fears of widespread drought, and has curbed the sowing of several summer-planted crops.

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April-June Fiscal Deficit Reaches 61% Of Budgetary Target

Central government's total expenditure stood at Rs 7.21 lakh crore (25.9 per cent of the budget estimates) and total receipts were Rs 2.89 lakh crore.

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Eicher Motors Profit Falls 22% To Rs 452 Crore in June Quarter

Royal Enfield sold 181,966 motorcycles in the quarter, registering a fall of 19 per cent from 225,286 motorcycles sold during same period last year.

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Infrastructure Output Grows 0.2% In June

Infrastructure output accounts for nearly 40 per cent of the country's industrial output.

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India Receives 42% More Rains Than Average This Week: Weather Office

The country received 42 per cent more rainfall than the 50-year average in the week to July 31, data from the India Meteorological Department (IMD) showed.

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Aadhaar-PAN Linking: How To Link PAN With Aadhaar Online

PAN-Aadhaar linking service: The Income Tax Department provides two online facilities for assessees to link their Aadhaar card number with Permanent Account Number (PAN). These are: an SMS-based...

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Post Office Saving Scheme: Interest Rates, Minimum Investment And More

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

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Want To Apply For A PAN Card? You Have To Pay These Charges

PAN card application: Depository NSDL charges a fee of Rs 56-Rs 862 (excluding taxes) for every PAN card application made online, according to its e-governance website, tin-nsdl.com. A Permanent...

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Nifty Posts Worst Monthly Performance Since September 2018

The Sensex ended 0.22 per cent or 84 points higher at 37,481.12 and the Nifty advanced 0.29 per cent or 33 points to 11,118.

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Indian Oil Posts Profit Of Rs 3,624 Crore In June Quarter

The company said its total revenue rose 0.48 per cent to Rs 153109.93 crore in the quarter ended June 30.

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Coffee Day Enterprises Appoints SV Ranganath As Interim Chairman

Coffee Day Enterprises, the operator of the Cafe Coffee Day chain, on Wednesday announced the appointment of independent director SV Ranganath as the interim chairman of its board. His appointment at...

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Today Is Not The Last Day To File Income Tax Return (ITR)

Last week itself, the Central Board of Direct Taxes (CBDT) extended the ITR filing deadlineto August 31, 2019, from the previous ITR filing deadline of July 31, 2019. It was reported that some of the...

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Sensex Falls Over 250 Points, Nifty Below 11,000

Top laggards on the 30-scrip index were ITC, NTPC, Bajaj Finance, Bharti Airtel, Axis Bank and Tech Mahindra, trading between 0.80 and 4.67 per cent lower.

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IndiGo Offers Flight Tickets From Rs 999

Bookings under the sale are open via IndiGo's official website- goindigo.in and mobile app.

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Coffee Day Enterprises Shares Plunge 20% For Second Day

Coffee Day Enterprises shares plunged 20 per cent on Wednesday. VG Siddhartha, founder of the Cafe Coffee Day chain, was found dead on Wednesday morning. The body of Mr Siddhartha, chairman and...

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Sensex Falls Over 250 Points, Nifty Below 11,050

The Sensex and Nifty had ended 0.77 per cent and 0.93 per cent lower respectively on Tuesday.

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Government Tightens Corporate Social Responsibility Norms For Companies

Ms Sitharaman said that the government is strengthening the enforcement provisions that enable the Serious Fraud Investigation Office (SFIO) to ensure speedy and more effective enforcement, including...

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IndiGo Announces New Overseas Flights, Check Routes Here

IndiGo will also start daily flights on the Delhi-Dhaka, Mumbai-Singapore, Kolkata-Yangon routes at a starting all-inclusive price of Rs. 8,499.

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Cafe Coffee Day Founder VG Siddhartha Goes Missing, Investors Spooked

Coffee Day's stock hit an all-time low on Tuesday. Shares closed at Rs 153.4, after hitting their lower circuit for the trading day.

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Budweiser Beer Maker AB InBev Banned For 3 Years In Delhi. Here Is Why

AB InBev said in a statement it denied the Delhi government's allegations and would appeal against the order.

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Hero MotoCorp Profit Rises 38% To Rs 1,257 Crore In June Quarter

Hero MotoCorp's revenue declined 8.84 per cent to Rs 8,030 crore as its sales fell by 12.51 per cent to 18,42,920 units.

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All You Need To Know About Filing An Online Claim For PF Withdrawal

In EPF, a mandatory contribution is deducted from the salary of an employee and contributed towards the provident fund.

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How To Prepare And Submit Income Tax Return Online

Now, those originally required to file their income tax returns by July 31 will have to do so by August 31. Earlier this month, the Income Tax Department extended the original due date for assessees...

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Here Are FD Interest Rates Offered By Non-Banking Financial Firms

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

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Gold Prices Gain On Jewellers' Buying: 5 Things To Know

Gold of 99.9 per cent and 99.5 per cent purity rose Rs 160 each to Rs 35,880 per 10 grams and Rs 35,710 per 10 grams, respectively in the national capital.

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Axis Bank Profit Nearly Doubles To Rs 1,370 Crore In June Quarter

Axis Bank's net NPA stood at 2.04 per cent compared with 2.06 per cent in the previous quarter, the Mumbai-based private lender said.

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Tech Mahindra Reports Profit Of Rs 959 Crore In June Quarter

Its revenue from operations declined 2.69 per cent on a quarter-on-quarter basis to Rs 8,653 crore.

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Nifty Settles Below 11,100, Falls To Lowest Level In Nearly 5 Months

Nifty Bank, Auto, Media, Metal, Private Bank and Realty sector gauges also declined between 1.3 and 1.6 per cent.

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The Minimum Investment You Need To Make In Post Office Savings Schemes

Post office scheme: Post office account: Except the Monthly Income Scheme, one can open a post office account against a minimum investment of Rs 20-Rs 1,000. India Post provides interest at the rates...

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Sensex Drops Over 500 Points From Day's High, Nifty Breaks 11,100

All sector gauges compiled by National Stock Exchange barring the Nifty Information Technology Index were trading lower led by the Nifty PSU Bank Index's nearly 5 per cent decline.

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Uber Lays Off One Third Of Marketing Staff To Cut Costs

At the end of the first quarter, Uber reported having 24,494 workers worldwide, with more that 1,200 of them in marketing.

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IRCTC Shimla, Amritsar, Dharamshala Tour Plan: Cost, Other Details Here

IRCTC Tour Plan: The cost of IRCTC Tourism's Happy Himachal & Powerful Punjab tour package is Rs 43,500 on single occupancy basis, Rs 31,750 per person on double occupancy basis, Rs 30,310 per person...

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Steps To Open National Pension System (NPS) Account Online

The subscriber can either apply for an NPS account by visiting a Point of Presence (PoP), or do it online through the e-NPS website- enps.nsdl.com.

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Buy Firstsource Solutions, Lupin Shares, Says Choice Broking

Choice Broking has a "buy" call on Firstsource Solutions for a target price of Rs 54.50 with stop loss at Rs 49.25.

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Sensex, Nifty Swing; Hero MotoCorp Falls Ahead Of Q1 Earnings

Hero MotoCorp was top loser in the Nifty 50 basket of shares, the stock fell over 3 per cent to Rs 2,325 ahead of its June quarter earnings due later in the day.

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Microsoft Acquires Data Privacy, Governance Service BlueTalon

BlueTalon works with leading Fortune 100 companies to eliminate data security blind spots, and gain visibility and control of data.

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State Bank Of India Tightens Lending Terms For Auto Dealers: Report

The liquidity crunch in non-bank financing, higher insurance costs and rises in taxation have served to increase the pressure on the car sector, with monthly auto sales falling by 17-20 per cent since...

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Cafe Coffee Day Shares Plunge After Promoter VG Siddhartha Goes Missing

VG Siddhartha was recently in the news after he sold about 20 per cent of his stake in tech company Mindtree to engineering firm Larsen & Toubro Ltd.

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Tax, Interest Rates On These Products Set To Change From August 1

State Bank of India or SBI has decided to do away with IMPS (Immediate Payment Service) charges for its internet banking, mobile banking and YONO (You Only Need One) customers.

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Sensex Gains OVer 150 Points, Nifty Crosses 11,200

The Sensex and Nifty indexes had finished 0.52 per cent and 0.84 per cent respectively on Monday. Axis Bank, Hero MotoCorp and Tech Mahindra will report their financial results for the quarter ended...

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SBI Revises Fixed Deposit Interest Rates, Details Here

SBI will now offer an interest rate of 5 per cent to general public and 5.5 per cent to senior citizens on fixed deposits of 7-45 days.

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Tax Rise For High Earners May Trigger Fund Flight, Says Ex-RBI Governor

Finance Minister Nirmala Sitharaman, in her budget this month, raised taxes on people earning more than Rs 1 crore a year to at least 42.7 per cent.

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Amazon Planning Launch Of Online Food Delivery Service In India: Report

Amazon last month closed its food delivery operations in the United States in the face of stiff competition

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Outlook For Banks Stable But Economic Slowdown Poses Risks: Moody's

The stress faced by NBFI sector and economic slowdown can also hamper asset quality improvements, the report said.

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Grocery Start-up Bigbasket Gets $14.5 Million In Funding

Bigbasket, which competes with Walmart Inc-owned Flipkart and Amazon.com Inc, will use the fresh funds to set up warehouses and boost its cold chain, the company said in a statement.

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Bimal Jalan Panel To Meet Again On RBI Funds Transfer

On July 18, the panel had met for the last time to decide on the exact amount of transfer to government by the RBI and the overall consensus was to transfer it over three to five years and not in one...

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Dr Reddy's Labs Reports Profit Of Rs 663 Crore In June Quarter

The company said its research and development (R&D) expenses stood at Rs 361 crore in the quarter ended June 30.

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Government Garners Rs 12,357 Crore From Disinvestment In Current Fiscal

The government had realised Rs 84,972.16 crore as disinvestment proceeds against the Budget estimate of Rs 80,000 in last financial year.

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SpiceJet Offers 12% Discount On Select Flight Tickets, Details Here

Under SpiceJet's offer, which is valid for travel till September 25, 2019, flight tickets can be booked till August 10.

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Missing Income Tax Due Date Attracts Rs 10,000 Fine: Key Things To Know

Income tax return last date: Income tax assessees originally required to file their income tax returns by July 31 will now be required to file their return of income by August 31, according to the...

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Sensex, Nifty Resume Decline After A Day's Breather As Auto Shares Drag

Seventeen of 19 sector gauges compiled by BSE ended lower led by the S&P BSE Auto Index's 3.6 per cent fall.

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Your SBI Fixed Deposit To Earn Lower Interest From August 1, Details Here

The announcement comes a week ahead of the bi-monthly review of the Reserve Bank of India's Monetary Policy Committee (MPC). RBI had lowered the key lending rate or repo rate by 25 basis points to...

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Vodafone Idea Slumps 29% To Lowest In 12 Years On Reporting Loss In Q1

Shares of the country's largest wireless telecom services provider by subscriber base - Vodafone Idea - slumped as much as 28.64 per cent to Rs 6.60.

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37-Year-Old Former School Teacher Is India's Newest Billionaire

Byju Raveendran joined the rarefied club after his Think & Learn Pvt scored $150 million in funding earlier this month.

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Bond Yields Fall As Nirmala Sitharaman Backs Rate Cuts

Bond yields had risen sharply last week on news reports that the PMO was reassessing the idea of issuing foreign currency overseas sovereign bonds

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Sensex, Nifty Fall After Finance Minister's Comments: 10 Things To Know

Domestic stock markets gave up early gains to edge lower on Monday amid choppy trade, following Finance Minister Nirmala Sitharaman's comment that the government does not intend to review its overseas...

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Sensex, Nifty Edge Lower On Weak Earnings, Finance Minister's Comments

The broader NSE Nifty fell 0.4 per cent to 11,236.65 as of 10:37 am, while the benchmark BSE Sensex dropped 0.24 per cent to 37,791.91.

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Finance Minister Nirmala Sitharaman Seeks More Rate Cuts: Report

India's benchmark 10-year bond yield was down 10 bps at 6.43 per cent after falling to 6.42 per cent immediately after market opened on the back of her comments.

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Rural India Develops Taste For Chocolate, Even If It's Pricey

A boom in e-commerce and a sharp tax cut are also propelling sales higher, spurring global confectioners like Mondelez International Inc, Nestle SA and relative newcomer Hershey Co to invest further...

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Sensex Gains Over 50 Points, Nifty Hits 11,300 In Early Trade

The Sensex and Nifty had declined 1.18 per cent each in the past week, with the benchmark indexes breaking a six-day losing streak - the longest stretch of losses in more than two months - on Friday.

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Post Office Monthly Income Scheme: Interest Rate, Amount Details Here

Post office monthly income scheme account can be opened by individuals through cheque or cash. In case of cheque, the date of realisation of cheque in government account shall be the date of opening...

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Adani Group To Invest Rs 5,500 Crore In Uttar Pradesh In 5 Years

Adani Group is planning to invest Rs 5,000 crore in power transmission and another Rs 500 crore in food processing sector.

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After 1% Fall In Sensex, Nifty, Some Recovery Seen Ahead

According to analysts, the government's decision of higher taxes on super rich announced in the Budget and lacklustre corporate earnings weighed on investors' sentiments.

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IRCTC Tourism Offers Tour To Andaman And Nicobar Islands, Details Here

IRCTC Tourism package includes air tickets, accommodation in deluxe hotels, breakfast, dinner and travel insurance.

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Corporate Earnings, Macro Data To Impact Equity Indices: Experts

Companies such as DLF, Dr Reddys Labs, GIC, Axis Bank, Hero MotoCorp, NMDC, Tech Mahindra, Indian Oil Corp, Bharti Airtel, HDFC, ITC, Power Grid Corp and State Bank of India are expected to announce...

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Government Sole Owner Of RBI Profits, Says RSS Body

The government had set up a six-member committee headed by former RBI Governor Bimal Jalan to examine RBI's requirements on provisions.

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PepsiCo India To Invest Rs 514 Crore To Set Up Plant In Uttar Pradesh

The new investment plan is in line with PepsiCo's goal to double its snacks business in the country by 2022 and is expected to help create over 1,500 jobs, both direct and indirect, the company said...

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

The amount of penalty in case of non-compliance with the minimum balance rules depends on factors such as the degree of shortfall and location of the branch.

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Nirmala Sitharaman Says Won't Rethink Overseas Sovereign Bonds: Report

The government plans to borrow nearly $10 billion from the foreign overseas market, out of total planned borrowing of about $103 billion in 2019/20

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National Pension System (NPS): Eligibility, Tax Benefits And More

National Pension System or NPS, a government-sponsored retirement planning instrument, gives the investor the option to set his or her preferred allocation to different asset classes. It also gives...

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How To Avail SBI Loan Against Fixed Deposit (FD)

Individual customers holding fixed deposit (FD) or special fixed deposit account with SBI in single name can avail this facility online. Joint account holders can avail this facility at SBI branches.

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ICICI Bank Posts Rs 1,908 Crore Profit In June Quarter

Net non-performing assets (NPA) improved to 1.77 per cent in the June quarter, from 2.06 per cent in the quarter ended March 31.

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All You Need To Know About Income Tax Return Form 1 Sahaj

ITR-1 or Sahaj form cannot not be used by an individual who is a director in a company or has held any unlisted equity shares at any time during the previous year.

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GST Council To Reduce GST Rate On Electric Vehicles

GST Council also approved exemption from GST on hiring of electric buses by local authorities.

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IndiGo To Start New International Flights, Fare Details Here

Bookings for these routes are available on IndiGo's official website- goindigo.in, IndiGo said in a statement.

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RBI For Strengthening Forex Reserves By Emerging Economies

Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday backed the building up of forex reserves by emerging economies to protect against global contagion.

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Discussed Voluntary Retirement With PM's Office On July 18: S C Garg

Asked whether his VRS proposal is accepted by the government, he replied that there is a due process and the proposal is under consideration as it takes time.

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Jio Offers 1.5-5 GB Per Day Data Plans Starting From Rs 149, Details Here

Jio recharge: Reliance Jio's recharge plans for usage of 1.5 GB of data per day starts at Rs. 149 and for usage of 5 GB of data per day, the recharge plan is priced at Rs. 799.

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Vodafone Idea Reports Loss Of Rs 4,874 Crore In June Quarter

Vodafone Idea's revenue from operations jumped 91 per cent to Rs 11,269.9 crore from Rs 5,889.2 crore in the year ago period.

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Vedanta Reports Profit Of Rs 1,351 Crore, Misses Estimates

The company has seen a muted year in terms of commodity prices, with the benchmark three-month copper on the London Metal Exchange rising only 0.2 per cent, and zinc falling 1.8 per centthis year.

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Check Interest Rates Offered By Banks On Income Tax-Saving Fixed Deposit

According to the current Income Tax (I-T) law, a taxpayer can claim maximum tax deductions of up to Rs 1.5 lakh under Section 80C in a financial year.

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Sensex, Nifty Snap Six-Day Losing Streak Led By Auto, Banking Shares

Twelve of 19 sector gauges compiled by BSE ended higher led by the S&P BSE Auto Index's nearly 2 per cent gain.

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Maruti Suzuki Net Profit Declines 27% In June Quarter On Weak Demand

Maruti Suzuki's operating earnings before interest and taxes (EBIT) slumped 57.1 per cent to Rs 1,129.20 crore.

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WhatsApp To Roll Out Payments Service In India This Year

WhatsApp now has about 40 crore users in India, a person familiar with the matter said on Friday, encompassing almost a third of India's population of 130 crore.

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Punjab National Bank Turns Profitable In June Quarter, Shares Surge

Punjab National Bank's net interest income, the difference between the interest earned and interest expended, declined 11.73 per cent to Rs 4,141.36 crore from Rs 4,691.86 crore in the year ago...

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In Top Bureaucrat's Transfer, Link Seen To Sovereign Bond Plan: 10 Points

The Prime Minister's Office (PMO) wants the Ministry of Finance to reassess the idea of issuing foreign currency overseas sovereign bonds and seek wider consultation from stakeholders, news agency...

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10 Things You Should Know Before Filing Income Tax Return (ITR)This Year

The last day to file income tax return (ITR) for assessment year 2019-20 (financial year 2018-19) is August 31, 2019. Individuals who earn a specified amount of annual income are required to file...

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Bajaj Auto Reports Profit Of Rs 1,012 Crore In June Quarter

Shares in Bajaj Auto jumped as much as 5.28 per cent after the earnings announcement by the company.

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Sensex Gains Over 250 Points From Day's Low

Gains in banking, automobile and pharma stocks were offset by weakness in energy and information technology shares.

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Here Are The Charges You Pay To Get A Permanent Account Number (PAN) Card

Any person, who intends to enter into economic or financial transactions where quoting PAN is mandatory, must have a PAN card.

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What Apple Has Bought For $1 Billion, It's Second-Largest Deal Ever

Intel shares rose 5.7 per cent to $55.05 after the news and the company's report that its earnings beat analysts' expectations. Apple shares edged up 0.1 per cent to $207.29.

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SC Garg's Exit Linked To Sovereign Bond Plan? PMO "Unhappy", Says Report

Subhash Chandra Garg is the first Finance Secretary to apply for a voluntary retirement from service in 19 years.

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Sensex Falls Over 100 Points, Nifty Near 11,200

The Sensex and Nifty had ended 0.04 per cent and 0.17 per cent lower on Thursday, suffering their longest stretch of losses since May 13.

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PMO Asks Finance Ministry For Relook At Sovereign Bond Plan: Report

The idea has been criticised by former heads of the Reserve Bank of India, economists and allies of the ruling Bharatiya Janata Party alike, as they argued it could create long-term economic risks by...

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IRCTC Tourism Offers 4-Day Tour To Goa: Fares And Other Details

IRCTC Tourism's package includes air tickets, accommodation in deluxe hotels and breakfast and dinner. The package also offers travel insurance for passengers below the age of 60 years.

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Reliance Jio 2 GB Per Day Data Plans: Prices, Validity Explained Here

Under Jio's Rs. 198 recharge plan, subscribers get 56 GBs of high-speed internet data for a period of 28 days

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Sector Slowdown Could Impact Turnaround Time For Monnet Ispat: JSW Steel

A trade war between the US and China and a slowdown across various sectors in India has pushed steel prices down by 30 per cent since last year

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Bad Loans Declined By Over Rs 89,000 Crore Till March 2019

According to the data, aggregate gross advances of PSBs increased from over Rs 18.19 lakh crore as on March 31, 2008 to more than Rs 52.15 lakh crore as on March 31, 2014

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Annual Air Passenger Traffic To Touch 100 Crore: Civil Aviation Minister

Earlier this month, the Cabinet approved leasing out the Ahmedabad, Lucknow and Mangaluru airports to the Adani group. All the six airports were won through bidding by the Adani group.

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India To Get Above-Average Monsoon Rains In Next Two Weeks: Weather Office

India has received 17per cent less rain than average since the monsoon season began on June 1

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Tata Motors Reports Net Loss Of Rs 3,698 Crore In June Quarter

Tata Motors had posted a net profit of Rs 1,117.48 crore for the March quarter, down 47.42 per cent on a year-on-year basis.

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Sensex, Nifty Fall For Sixth Day, Longest Losing Streak In 2 Months

Four of 11 sector gauges compiled by National Stock Exchange ended lower led by the Nifty Metal Index's nearly 1 per cent decline.

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As Auto Slowdown Continues, Component Makers Stare At 10 Lakh Job Cuts

India's auto industry is in the middle of one of its worst slumps. Passenger vehicle sales fell 18.4 per cent in the first quarter, and monthly passenger vehicle sales in June fell by the biggest...

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IndiGo Announces New International Flights, Offers Tickets From Rs. 5,999

IndiGo will also commence daily direct flights on the Delhi-Dhaka-Delhi route from August 22

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Proposed Insolvency Law Amendments Credit Positive For Banks: Moody's

The Union cabinet had, on July 18, approved proposed amendments to the Insolvency and Bankruptcy Code (IBC)

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ICRA Downgrades Long-Term Ratings Of Yes Bank

Yes Bank's gross non-performing advances (GNPAs) as well as BB and below rated exposures increased to Rs 41,558 crore as on June 30 from Rs 30,772 crore as on March 31

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LIC's New Children's Money Back Plan: Eligibility, Benefits Here

LIC Insurance Policy: LIC's New Children's Money Back Plan can be purchased by the parent or grandparent for a child aged between 0 to 12 years for minimum sum assured of Rs 1 lakh.

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Bajaj Finance Net Profit Rises 35% In June Quarter, Asset Quality Stable

Bajaj Finance's net interest income for the first quarter of current financial year rose 43 per cent to Rs 3,695 crore from Rs 2,579 crore in the same quarter last year.

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Amrapali Diverted Homebuyers' Money To Firm Linked To MS Dhoni: Auditors

The forensic audit report said that Amrapali Sapphire Developers Pvt Ltd had paid Rs 6.52 crore to RSMPL during 2009-2015.

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Sensex, Nifty Erase Gains Ahead Of Derivatives Expiry; PSU Banks Drag

The NSE Nifty benchmark index moved in a range of 104.6 points, between 11,361.40 and 11,256.80 at the strongest and weakest levels respectively in the day.

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Government Panel Approves 3,050 Crores Fine For Attempted Stifling Of Jio

Reliance Jio, built at a cost of over $30 billion by India's richest man Mukesh Ambani, offered free services for months after its launch.

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Sensex Rises Over 150 Points, Nifty Crosses 11,300

The Sensex and Nifty had closed 0.36 per cent and 0.53 per cent lower respectively on Wednesday.

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Amid Feud, IndiGo To Have New Policy On Related Party Deals: Report

A decision has also been taken to expand the strength of IndiGo's board to up to ten members, including four independent directors

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Facebook To Pay Record $5 Billion Fine Over Privacy Violations

Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and the social media giant will restructure its approach to privacy

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Over 8,000 DDA Flats Allotted In Delhi's Narela, Vasant Kunj Areas

The DDA Housing Scheme 2019 was launched on March 25, offering flats across four categories -- HIG (High Income Group), MIG (Middle Income Group), LIG (Low Income Group) and EWS (Economically Weaker...

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

In Delhi, gold of 99.9 per cent and 99.5 per cent purity gained Rs 150 each to Rs 35,870 and Rs 35,700 per 10 gram, respectively

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Startups Get Rs 1,700-Crore Investment From Alternative Investment Funds

The Commerce Minister said in the Lok Sabha that with a corpus of Rs 10,000 crore, the FFS will meet the funding needs of startups.

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Steps To Update Address Given On Your PAN (Permanent Account Number) Card

Permanent Account Number or PAN, a ten-digit alphanumeric identifier, is issued by Income Tax Department. Each assessee (such as individual, firm or company) is issued a unique PAN. Subscribers can...

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Government To Plan $10 Billion Global Bond Sale In October: Report

Finance Minister Nirmala Sitharaman announced the offshore bond sale plan in the annual budget, amid shrinking options to raise funds to boost spending on infrastructure.

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How To Link PAN With Aadhaar Online

Aadhaar-PAN news: The Income Tax Department provides an SMS-based facility to enable the linking of Aadhaar with PAN online. In order to access this service, the user is required to send an SMS to...

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Want To Invest In Kisan Vikas Patra? Interest Rate And Other Details

Department of posts currently offer interest rate of 7.6 per cent on Kisan Vikas Patra account, which is compounded annually

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Sensex, Nifty Extend Decline To Fifth Day Amid Broad-Based Selloff

Nine of 11 sector gauges compiled by National Stock Exchange ended lower led by the Nifty Metal Index's 2.4 per cent decline.

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How To Reset SBI Internet Banking Password

To register for online services, users can download the registration form from the SBI's internet banking website - onlinesbi.com.

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IndiGo To Start New International Flights, Details Here

On Tuesday, IndiGo said it will start daily direct flights on the Delhi-Agartala and Delhi-Dibrugarh routes from August 14

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HDFC Life Shares Retreat From 52-Week High

HDFC Life earnings: HDFC Life Insurance's net premium income rose 28.99 per cent on year to Rs 6,451.16 crore for the three-month period ended June 30, according to its regulatory filing.

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All You Need To Know About Concessions Offered By Indian Railways

Train ticket: Indian Railways concession is applicable only on the basic fare and not on other charges like superfast surcharge, reservation fee, etc.

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JP Morgan, Banks Helped Amrapali Group Divert Funds: Supreme Court

The court on Tuesday ordered the federal anti-money laundering agency to investigate Amrapali, based in Noida, for diverting funds overseas with the help of JPMorgan and others.

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Asian Paints Reports Profit Of Rs 655 Crore In June Quarter

Asian Paints said its total income grew 16.68 per cent to Rs 5,204.19 crore in the quarter ended June 30.

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IRCTC Majestic Tourist Train: Features, Fare And Package Details

This train provides two tours, covering destinations in Rajasthan such as Jaipur, Jodhpur, Jaisalmer, Mandawa, among others at a starting all-inclusive price of $210 per person/per night.

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Sell EIL, Buy Mindtree, Buy Siemens August Futures, Says Choice Broking

Share market Market tip: Choice Broking recommended selling Engineers India in range of Rs 105.90 and Rs 106.90 for target of Rs 100 with stop loss at Rs 109.

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Sensex Plunges Nearly 400 Points From Day's High: 10 Things To Know

Domestic stock markets suffered sharp losses on Wednesday despite gains in Asian peers, a day after the International Monetary Fund cut its growth forecasts for India. The S&P BSE Sensex benchmark...

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Not Filing An Income Tax Return In Due Time Attracts This Much Penalty

ITR filing online: A belated income tax return attracts a "late filing fee" under Section 234F of the Income Tax Act, as per current income tax laws. An income tax return or "return of income" not...

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Sensex Falls Over 200 Points From Day's High As Markets Erase Early Gains

The Sensex and Nifty had extended their losses to a fourth straight session on Tuesday to settle at their lowest levels recorded since mid-May.

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Deadline For Income Tax Return Filing Extended: 5 Things To Know

The government has extended the deadlinefor filing income tax return (ITR) by individuals for financial year 2018-19 by a month till August 31. The extension of due date is applicable to all taxpayers...

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Nissan To Cut Over 10,000 Jobs Worldwide, Says Report

The cuts come after Nissan announced in May it would trim 4,800 jobs from its global workforce of around 139,000.

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IMF Cuts India's Growth Outlook To 7% For 2019

However, India will still be the fastest growing major economy of the world and much ahead of China, IMF said

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Coca-Cola Beats Analysts Estimate On Quarterly Profit, Raises Forecast

Coca-Cola bought Britain-based Costa Coffee for $5.1 billion and recently rolled out ready-to-drink coffee in cans in the UK and a coffee based soda in several markets

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Income Tax Return (ITR) Filing: Tax Slabs, Exemption Limits, Other Rules

For the assessment year 2019-20 (financial year 2018-19), July 31, 2019 is the deadline for individuals to file income tax return.

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Reliance Industries, Saudi Aramco Talks On Stake Sale Stall: Report

State-owned Aramco, the world's biggest oil producer, plans to boost investment in refining and petrochemicals

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Gold Prices Fall On Low Demand, Weak Global Trend: 10 Things To Know

Gold prices fell on Tuesday after touching an all-time high in the yesterday's session. Gold prices fell by Rs 250 to Rs 35,720 per 10 grams in Delhi, reported news agency Press Trust of India (PTI)....

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Check Out Charges Applicable For Various Aadhaar Services

Aadhaar card: Person willing to enrol is required to provide minimal demographic and biometric information during the enrolment process, which is totally free of cost.

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Larsen & Toubro Reports Profit Of Rs 1,361 Crore In June Quarter

L&T shares have gained 3.58 per cent since the earnings announcement for the quarter and year ended March 31.

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Hindustan Unilever Net Profit Rises 15% In June Quarter

Hindustan Unilever reported volume growth of 5 per cent with domestic consumer growth at 7 per cent, the company's exchange filing added.

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Sensex Falls For Fourth Straight Day To Lowest Level In Over Two Months

Losses in HDFC, HDFC Bank, State Bank of India, Reliance Industries, Maruti Suzuki and ONGC capped upside for benchmarks in today's session.

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Wondering Which Form To Use For Income Tax Return? Find Out Here

Income tax return (ITR) forms for e-filing tax returns: The Income Tax Department has provided an independent portal for e-filing of income tax return - https://ift.tt/1dxxFKf. The online...

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Here Are The Investment Options Available Under National Pension System

According to NSDL's website, the central government subscribers have the option of selecting the Pension Funds (PFs) and investment patterns in tier I account.

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IndiGo Introduces New Domestic Flights, Check Routes Here

Last week, IndiGo had started operations from Shillong. It also inaugurated seven new domestic flights on Kolkata-Shillong and Kolkata-Raipur routes

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Sensex Jumps 300 Points From Day's Low, Nifty Near 11,400

A spike in consumer goods, information technology and energy stocks supported the upmove in the markets however losses in pharma and state-run banking stocks kept the upside in check.

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Kotak Mahindra Bank Surges After Net Profit Rises 33% In June Quarter

Kotak Mahindra Bank share price: Shares of Uday Kotak-led bank surged as much as 3.97% to hit high of Rs 1,512.00 on the National Stock Exchange.

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DDA Housing Scheme 2019 Draw Today: Where To Watch Live Streaming

The scheme, which ended on June 10, is for sale of nearly 18,000 newly-built flats in Delhi's Vasant Kunj and Narela residential areas, for which the DDA has received about 50,000 applications. This...

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Buy REC Ltd, Dilip Buildcon, Radico Khaitan, Says Choice Broking

Share Market Tips: Choice Broking recommends buying Radico Khaitan for target price of Rs 315 with stop loss at Rs 285.

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How To Verify Income Tax Return (ITR) Online Using Aadhaar

E-verification of income tax return via Aadhaar OTP is one of the ways listed by the Income Tax Department for assesseeslooking to verify their ITR online, according to information given on the...

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Amrapali Case: Top Court Directs NBCC To Take Over Pending Projects

The top court ordered the Enforcement Directorate to register money laundering cases against the company's top management.

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Sensex, Nifty Flat; Infosys Gains, HDFC Twins Fall

Sensex, Nifty Turn Positive: Infosys, Reliance, ITC and ICICI Bank and were among the top Sensex movers while HDFC and HDFC Bank were among laggards.

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Viral Acharya Exits RBI Job With A "Sense of Unfinished Business"

Mr Acharya's boss at the central bank, Governor Shaktikanta Das, says a continuous and prolonged dependence on the government's capital infusion into banks can breed inefficiency.

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Sensex Falls Over 50 Points As Markets Give Up Early Gains

The Sensex had declined 1,184.51 points - or 3.02 per cent - in the past three consecutive sessions.

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Rise In Government Borrowing Can Weigh On Corporate Sector: Viral Acharya

Viral Acharya is leaving the Reserve Bank of India (RBI) on Tuesday, six months before the scheduled end of his term in office, citing personal reasons. The Reserve Bank of India (RBI) cut the repo...

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Auditors To DHFL Raise Red Flags Around Quarterly Earnings

DHFL has been hard hit by a liquidity crunch that has crippled several of the country's non-banking finance companies (NBFCs) following last year's collapse of infrastructure lender IL&FS.

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Government Panel Recommends Ban On Cryptocurrency

The panel's report and a suggested draft legislation will be examined by the government and regulators before taking a final decision

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From Next Month, SBI Will Levy No Charges On These Transactions

Online SBI news: From July 1, SBI waived its charges on RTGS and NEFT transactions initiated through online banking and YONO. From August 1, the country's largest bank has decided to waive its...

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Kotak Mahindra Bank Net Profit Rises 33% In June Quarter

Kotak Mahindra Bank's net Interest Margin for first quarter of current financial year improved by 21 basis points to 4.49 per cent.

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Gold Prices Touch All-Time High: 10 Things To Know

Gold prices touched a new high of Rs 35,970 per 10 grams in Delhi on Monday, reported news agency Press Trust of India (PTI). The yellow metal touched the record mark after gaining by Rs 100 on buying...

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Sensex, Nifty Fall For Third Straight Day As Banks, Financials Drag

Sensex and NSE Nifty Indexes fell for third straight day as financial and banking sector shares like HDFC and HDFC Bank came under selling pressure.

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Xiaomi Becomes Youngest Company On Fortune Global 500 List

The Beijing-based global technology firm said the company has, for the first time, made to the Fortune Global 500 list, nine years after its iteration

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HDFC Bank Revises Fixed Deposit Interest Rates

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

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Supreme Court Stays Essar Steel Sale To ArcelorMittal

Essar Steel is under a debt of Rs 30,030 crore to financial creditors and Rs 11,969 crore to operational creditors

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Sensex Slumps 450 Points, Nifty Near 11,300; HDFC Bank Leads Decline

HDFC Bank dropped 3.7% after its non-performing assets as a percentage of total advances rose to 1.4 per cent from 1.36% in the previous quarter.

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LIC Money Back Plan-20 Years: Premiums, Money Backs, Other Details Here

LIC's New Money Back Plan-20 Years can be purchased by any individual between the age of 13 and 50 years with minimum sum assured of Rs 1 lakh.

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Kotak Bank Shares Fall Over 3% Ahead Of Earnings

Kotak Mahindra Bank shares, Kotak Mahindra Bank earnings: On the BSE, the Kotak Mahindra Bank stock opened at Rs 1,500 apiece - nearly unchanged from its previous close - and declined to as much as...

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Reliance Industries Shares Gain After Earnings Beat Street Estimates

Reliance Industries news, Reliance Industries share price: Reliance Industries average gross refining margin came in at $8.1 per barrel for the June quarter, the lowest in 18 quarters. Reliance...

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Rupee, Other Emerging Market Currencies Fall As Oil Prices Surge

Underpinning the dollar, investors on Friday tempered expectations for deep US interest rate cuts later this month, though a quarter-point cut is still widely expected.

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Government Wants Fair Trade Regulator To Review Big Four Auditors: Report

The Big Four do auditing work for almost 60 per cent of the top 500 companies that trade on the National Stock Exchange (NSE), according to corporate data tracker NSE Infobase.

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IndiGo To Expand Board To 10 Members

The Ministry of Corporate Affairs has sought "information or explanation" from the airline. Market regulator Sebi is also looking in the alleged governance lapses.

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Circuit Breakers Trip As China's Nasdaq-Style Bourse Debuts

Trading in Anji Microelectronics Technology (Shanghai) Co Ltd, a semiconductor firm, was halted twice as the company's shares hit two circuit breakers.

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Australia Grounds Mahindra Aerospace GA8 Planes After Swedish Crash

Nine Swedes were killed when a GA8, dubbed the Airvan 8, crashed during a skydiving trip near Umea in northern Sweden on July 14.

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HDFC Bank Shares Fall Over 3% After Earnings Announcement

HDFC Bank stock price: HDFC Bank share price: At 10:00 am, the HDFC Bank stock traded 2.82% lower at Rs 2,308.85 apiece on the BSE, underperforming the Sensex.

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Reliance Jio To Focus On Subscriber Numbers Not Tariffs

Its strategy is aimed at prolonging the pressure on rivals such as Bharti Airtel and Vodafone Idea, whose revenue and profits have plunged since the launch of Jio

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Sensex Drops 350 Points; HDFC Bank Falls As Asset Quality Deteriorates

Sensex Today: The S&P BSE Sensex and NSE Nifty 50 Indexes extended declines to third day in opening trades led by declines in HDFC Bank after its asset quality deteriorated in June quarter.

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RBI Governor Das Sees Positives for India Economy: Read His Words

RBI Governor Shaktikanta Das said that effectively, the rate cuts has been 100 basis points if you take into account the change in stance.

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Sensex, Nifty Set For Weak Start; HDFC Bank, Reliance Industries In Focus

Sensex, Nifty today: In Friday's session, the S&P BSE Sensex and NSE Nifty 50 Indexes witnessed a sharp selloff and fell close to their worst levels since mid-May

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RBI Closely Monitoring 50 Shadow Banks For Signs Of Contagion

In its latest Financial Stability Report, the Reserve Bank of India warned that any failure among the largest of the non-bank finance companies or housing finance firms could cause losses comparable...

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Amid Stake Sale Preparations, Air India Freezes Promotions, Appointments

On July 3, Civil Aviation Minister Hardeep Singh Puri told the Rajya Sabha that the government is committed to the disinvestment of Air India

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Minimum Balance Rules, Charges Of Top Banks Explained Here

Banks also offer savings accounts which do not require customers to maintain any particular minimum balance

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IndiGo Approaches Former Pepsico CEO Indra Nooyi To Join Board: Report

IndiGo posted its highest ever quarterly net profit of Rs 1,203 crore for the first quarter of FY 2019-20

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IRCTC Tourism Offers 6-Day Trip To Delhi, Agra, Jaipur: Details Here

IRCTC Tourism's package includes air tickets, breakfast and dinner, accommodation in hotels, and transfers and sightseeing

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GoAir Plans To Start New International Flights: Report

Till recently, GoAir flew to just four international destinations -- Phuket, Mali, Muscat and Abu Dhabi

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IndiGo Launches New Domestic Flights, Check Routes Here

Last week, IndiGo introduced new international flights on Mumbai-Singapore and Mumbai-Bangkok routes

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Derivatives Expiry, Quarterly Results To Guide Market Trend: Experts

Companies such as Larsen & Toubro, TVS Motor Company, Hindustan Unilever, Zee Entertainment Enterprises, IDFC First Bank, Ambuja Cements, Bank of Baroda, Biocon, Mphasis, Tata Motors, ABB India, Bajaj...

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HDFC Bank Reports Profit Of Rs. 5,568 Crore In June Quarter

HDFC Bank's results were in line with market expectations as analysts had expected the bank to clock a net profit of Rs 5,600 crore for the quarter

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5 Things To Know Before Applying For PAN (Permanent Account Number) Card

According to the Income Tax Department, online applications for PAN card can be made through either of the websites of NSDL (National Securities Depository Limited) and UTITSL.

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Not More Than 5,000 People In Super-Rich Category: Nirmala Sitharaman

Ms Sitharaman said not more than 5,000 people are there in the super rich category in the country and the Union Budget 2019-20 has several measures to help start-ups.

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All You Need To Know About SBI Senior Citizen Savings Scheme (SCSS)

Senior Citizen Savings Scheme (SCSS), meant for people above the age of 60, offers an interest rate of 8.6 per cent per annum. An individual can open senior citizen savings account with post offices...

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Rating Agencies Knew Of Stress At IL&FS, But Gave Good Ratings: Audit

Dewan Housing Finance, another top firm in the sector, last week warned its financial situation was dire, raising more worries about the sector's health and signalling the crisis was far from over.

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Government Seeks To Tap Foreign Lenders For Loans To Small Firms: Report

The official said the government plans to source up to Rs 1 lakh crore of loans from foreign institutions becausebanks were not in a position to provide enough capital for the small business sector,...

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Airlines Announce New Routes, Discounts On Flight Tickets

Ever since the debt-laden Jet Airways halted operations on April 17, airlines have been looking to start new flight services.

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10 Things To Know About Updating Details In Aadhaar Card

The UIDAI or Unique Identification Authority of India, the issuer of 12-digit personal identification numbers under the Aadhaar scheme, offers a variety of services online. Through its "self-service...

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Steps To Check Status Of E-Filed Income Tax Return (ITR) Online

For filing of income tax return, individuals are required to register on the Income Tax Department's e-filing portal - incometaxindiaefiling.gov.in - using their Permanent Account Number (PAN).

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Government Seeks To Tap Foreign Lenders For Loans To Small Firms: Report

Last month, a study by a RBI panel said the overall deficit in credit for the MSME sector is estimated at about Rs 20 lakh crore to 25 lakh crore

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Reliance Jio Net Profit At Rs 891 Crore In June Quarter

The revenue of the telecom operator came in at Rs. 11,679 crore in the June quarter.

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Reliance Industries Reports Net Profit Of Rs 10,104 Crore In June Quarter

Reliance Industries earnings, Reliance Industries share price: Reliance Industries results: RIL shares finished 1.01 per cent lower at Rs 1,249 apiece on the BSE ahead of the earnings announcement by...

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Banks' Loans Rise 12% In Fortnight To July 5: RBI

Bank deposits rose Rs 1.82 lakh crore to 126.75 lakh crore in the two weeks ended July 5

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Gold Prices Gain By 450 Rupees In 2 Sessions

In Delhi, gold of 99.9 per cent and 99.5 per cent purity gained Rs 280 to Rs 35,950 and Rs 35,780 per 10 grams, respectively.

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Income Tax Return (ITR) Filing: Tax Slabs, Exemption Limits, Other Rules

For the assessment year 2019-20 (financial year 2018-19), July 31, 2019 is the deadline for individuals to file income tax return.

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IndiGo Owner Interglobe Aviation Posts Rs 1,200 Crore Quarterly Profit

IndiGo, now the largest airline in the country by market share, reported a 12.8 per cent rise in its yield during the quarter

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Gold Bond Scheme To Open Next In August And September. How To Invest

Gold bond scheme: Sovereign Gold Bond is a certificate scheme in which the Reserve Bank of India issues bonds on behalf of Government of India, through scheduled commercial banks, Stock Holding...

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Sensex, Nifty Stage Worst Day In Two Weeks As Tax On Super Rich Stays

The Sensex fell 560 points or 1.44 per cent to close at 38,337 and the NSE Nifty 50 Index dropped 1.53 per cent or 178 points to settle at 11,419.

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GoAir Announces New International Flights, Check Routes, Fares Here

Earlier this month, GoAir had announced new flights on Delhi-Abu Dhabi-Delhi, Mumbai-Muscat-Mumbai and Kannur-Muscat-Kannur routes

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RBL Reports 41% Jump In Profit To Rs 267 Crore In June Quarter

RBL Bank earnings, RBL Bank share price: RBL Bank said its net interest margin (NIM) improved to 4.31% in the quarter ended June 30, from 4.04% a year ago.

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Latest Interest Rate Offered By General Provident Fund, Other Details

As per GPF rules, all temporary government servants after a continuous service of one year, all re-employed pensioners (other than those eligible for admission to the contributory provident fund) and...

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SBI ATM Rules: Free Transactions, Withdrawal Limit, Other Details Here

SBI ATM Rules: SBI customers can generate request for a cheque book, make bill payments, register for mobile banking and IMPS service using SBI ATM.

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Oyo Founder Ritesh Agarwal To Buyback Stake Worth $2 Billion

As part of these transactions, current investors Lightspeed Venture Partners and Sequoia India are selling portions of their holdings in Oyo

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Provident Fund (PF) Accounts: Eligibility, Interest Rates And More

While EPF and GPF are compulsory retirement saving options, Public Provident Fund (PPF) account is an investment avenue with income tax benefits.

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Reliance Jio Becomes India's No. 2 Telecom Company, Bharti Airtel Third

Jio has disrupted the telecom industry in the country since it was launched in 2016, offering cheap bundles and prompting shutdowns

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Sensex, Nifty Extend Declines; Reliance Falls Ahead Of Q1 Earnings

Seventeen of 19 sector gauges compiled by BSE were trading lower led by the S&P BSE Auto Index's 1.87 per cent decline.

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You Can Submit These Documents With Form 49A To Get A PAN Card

The applicant is also required to provide certain documents along with the completed PAN card form as proof of identity, proof of address and proof of date of birth (DoB).

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Buy Canfin Homes; Sell Sun Pharma, Cholamandalam: Choice Broking

Share Market News: Choice Broking recommends selling Sun Pharma shares in the range of Rs 429 and up to Rs 432 for downside target of Rs 412 with stop loss at Rs 438.

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How To Change Address In Your Aadhaar Card Online

For other updates in the Aadhaar card, users are required to visit the nearest Aadhaar center, said UIDAI on its official website- uidai.gov.in.

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Sensex Falls Over 350 Points From Day's High As Markets Reverse Direction

Sensex LIVE updates, Nifty LIVE updates: Selling in automobile and financial stocks dragged the markets lower. Analysts awaited more large cap companies to report their earnings for the April-June...

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Sensex Gains Over 150 Points, Nifty Moves Above 11,600

Sensex LIVE updates, Nifty LIVE updates: Advances in financials, IT, metal and pharma stocks supported the markets. Analysts awaited more large cap companies to report their earnings for the...

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Nifty Futures Indicate Positive Start For Markets Today

On Thursday, the Sensex and Nifty ended 0.81 per cent and 0.78 per cent lower, snapping a three-day winning streak.

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IRCTC Tourism's Russia Tour: Package Cost, Itinerary, Other Details Here

IRCTC Tourism: Cost of Majestic Russia tour package is Rs 1,12,990 per person on single occupancy basis and Rs 1,08,990 on double occupancy basis.

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Market Regulator Proposes Tighter Disclosure For Auditors

The regulator said an auditor that has audited three quarters of a financial year should not resign before completing final quarter's audit report.

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For Tax Relief Foreign Investors Can Register As Firms: Finance Minister

While presenting the Union Budget for Financial Year 2019-20, Ms Sitharaman proposed to raise surcharge on the super-rich. Those with an annual income between Rs 2 crore and Rs 5 crore would be levied...

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Rupee Falls For Third Straight Day, Ends At 68.97 Against Dollar

At the interbank foreign exchange (forex) market, the domestic currency opened at 68.76 per dollar, but lost ground during the day and finally settled at 68.97, down 15 paise over its previous close.

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IndiGo Announces New International Flights, Check Routes Here

The newly introduced non-stop flights will be operational on Mumbai-Singapore and Mumbai-Bangkok routes, starting from August 22, 2019, the airline said in a press release. These new flights are...

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India's Consumer Goods Growth Slows As Rural Demand Cools: Nielsen

Volume growth in India's fast-moving consumer goods (FMCG) sector slowed to 6.2 per cent in the three months to June from 9.9 per cent in the previous quarter.

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Reliance Brands Acquires 100% Stake In British Toy Retailer Hamleys

Reliance Industries' subsidiary, Reliance Brands, has acquired 100 per cent stake in the iconic British toy retailer Hamleys.

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A Step-By-Step Guide On How To Apply For Permanent Account Number (PAN)

According to the Income Tax Department, online applications for PAN card can be made through either of the websites of NSDL (National Securities Depository Limited) and UTITSL(UTI Infrastructure...

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Gold Prices Increase On Jewellers' Buying

Despite gold losing steam overseas, the precious metal saw upward trend due to rise in domestic demand, traders said.

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Indirect Tax Laws Being Amended To Ensure Simplicity: Nirmala Sitharaman

The changes would ensure that indirect taxation-related matters would have greater simplicity, Finance Minister Nirmala Sitharaman said.

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Sensex, Nifty Snap Three-Day Winning Streak; Yes Bank Slumps 13%

All the 19 sector gauges compiled by BSE ended lower led by the S&P BSE Auto and Metal indexes over 2 per cent declines.

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Colgate-Palmolive Net Profit Declines 11% In June Quarter

Colgate-Palmolive on Thursday said that its net profit in the April-June period declined 10.76 per cent to Rs 169.11.

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Rupee Edges Higher To 68.81 Against Dollar

The dollar index was down 0.2 per cent against a basket of major currencies on Thursday. It climbed to a one-week peak in the previous session on robust US retail sales, but nudged lower as Treasury...

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Netflix To Roll Out Cheaper Mobile-Only Plan For India

Netflix lost US streaming customers for the first time in eight years on Wednesday, when it posted quarterly results.

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Sensex Falls Over 100 Points, Nifty Slides Below 11,650

Sensex today, LIVE market updates: Weakness across sectors - led by information technology, pharma, metal and auto sectors - dragged the markets lower.

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Yes Bank Shares Fall Nearly 20%, Here's What Analysts Say

Yes Bank shares nosedived as much as 19.56 per cent on Thursday, after the private sector bank reported a 91 per cent fall in its quarterly profit. Yes Bank, which reported its earnings after market...

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Opinion: Government's Plan To Change Bankruptcy Law Bold And Necessary

On Wednesday, the government said it would amend the 2016 insolvency law, a signature reform of Prime Minister Narendra Modi's first term. Investors will cheer.

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Wipro Shares Rise Over 3% After Earnings Announcement

On the Bombay Stock Exchange (BSE), Wipro shares rose 3.52 per cent to touch an intraday high of Rs 268.85.

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Yes Bank Shares Slump Over 19%

On the Bombay Stock Exchange (BSE), Yes Bank shares fell 10.50 per cent to touch an intraday low of Rs 83.70.

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India Gets Rainfall 20% Below Average In Latest Week: Weather Office

Soybean- and cotton-growing central regions received 68 per cent less rainfall in the week.

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Sensex, Nifty Fall In Early Trade; Wipro, Yes Bank Shares In Focus

On Wednesday, the domestic stock market benchmarks Sensex and Nifty had finished 0.22 per cent and 0.21 per cent higher respectively,rising for a third session in a row.

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Who Can Use Forms 49A, 49AA For A PAN Card Application

PAN card news: A PAN holder need not file an income tax return (ITR) unless he or she is liable to file one under Section 139 of the Income Tax Act.

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Nifty Futures Indicate Weak Start For Markets Today

On Wednesday, the domestic stock market benchmarks Sensex and Nifty had finished0.22 per cent and 0.21 per cent higher respectively,rising for a third session in a row.

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Allahabad Bank Reports Rs 689-Crore Fraud

Earlier this month, Allahabad Bank had flagged a $259 million fraud by bankrupt steelmaker Bhushan Power & Steel Ltd

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Bill Gates Drops To World's Third Richest, Bernard Arnault Moves To No. 2

LVMH, Bernard Arnault's luxury-goods maker, advanced to a record Tuesday and pushed his net worth to $107.6 billion

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Punjab & Sind Bank Reports Rs 238-Crore Fraud

Earlier this month, Punjab National Bank (PNB) said it had reported a borrowing fraud of Rs 3,805 crore in Bhushan Power's account

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Who Must Obtain A PAN? Income Tax Department Explains

PAN card rules: PAN or Permanent Account Number is a 10-digit alphanumeric identification number is issued by the Income Tax Department to assessees including individuals and charitable trusts. The...

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Budget Ensures Vigilance, Liquidity For Shadow Banks: India Ratings

According to India Ratings, the proposed framework will help in tackling the contagion risk by the regulator especially for extreme cases.

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Gold Price Edges Lower To Rs 35,500 Per 10 Grams Amid Low Demand

Gold prices in Delhi fell by Rs 70 per 10 grams to Rs 35,500 per 10 grams on Wednesday, amid low demand from jewellers and weakness in the global markets. The mild gain in the price of gold on...

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Centre Amends Insolvency Law, Increases Resolution Timeframe

The government increased the Insolvency and Bankruptcy Code (IBC) resolution timeframe to 330 days.

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Rupee Moves Lower To 68.84 Against Dollar

The rupee had opened on a cautious note and fell by 9 paise to 68.80 against the dollar in early trade

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Yes Bank June Quarter Net Profit Slumps 91% On Higher Provisioning

Yes Bank profit slumped to Rs 113.76 crore in June quarter from profit of Rs 1,260.36 crore in the same period last year.

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Wipro Reports Profit Of Rs 2,388 Crore In June Quarter

Wipro had in April this year reported a net profit of Rs 2,483.5 crore for the last quarter of financial year 2018-19.

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Sensex, Nifty Rise For Third Straight Day Led By Gains In Banking Shares

Nine of 11 sector gauges compiled by National Stock Exchange ended higher led by the Nifty PSU Bank Index's 1.12 per cent gain.

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Azim Premji-Backed Software Startup Latest Indian Tech Unicorn

Icertis, which competes with SAP SE and Oracle Corp. to help businesses manage contracts in the cloud, has raised $115 million, propelling it to unicorn status as investors flock to enterprise...

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JioPhone 2 Latest Flash Sale: Timings, Prices And Other Details Here

Reliance Jio offers special prepaid recharge plans for JioPhone users. The packs are priced at Rs. 49, Rs. 99, Rs. 153, Rs. 297 and Rs. 594.

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Report On Transfer Of RBI Funds To Be Submitted "Very Soon": Report

The reserve panel has suggested transfer of funds from RBI in tranches over 3-5 years, according to the report

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IRCTC Tourism Vaishno Devi Tour: Package Cost, Inclusion, Itinerary Here

Vaishno Devi tour package: Cost of Vaishno Devi Rail Tour Package for Deluxe class is Rs 10,950 on single occupancy basis, Rs 7,850 per person on double occupancy basis and Rs 7,050 per person on...

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Wipro Shares Flat Ahead Of Earnings Announcement

Wipro stock price: Wipro shares moved in a range of Rs 258.10-Rs 262.80 on the NSE, as against their previous close of Rs 260. On the BSE, Wipro shares opened 1.04 per cent higher at Rs 262.75, and...

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Government Plans To Auction 41 Coal Blocks "Very Shortly": Prahlad Joshi

Union Minister Prahlad Joshi said a number of important steps have been taken to augment and monitor coal dispatches to power plants.

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Buy Sterlite Tech Shares, Axis Bank Shares, Havells: Choice Broking

Stock market trading ideas (Buy/Sell calls): Brokerage Choice Broking has a "buy" call on Sterlite Technologies.

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Sensex, Nifty Edge Higher Led By Banking Shares

Eight of 11 sector gauges compiled by National Stock Exchange were trading higher led by the Nifty Media Index's 1.2 per cent gain.

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Strides Pharma Science Shares Drop On US Drug Regulator's Warning Letter

US FDA had inspected Strides Pharma's drug manufacturing facility in Puducherry from January 28 to February 5, 2019 and said that the company was caught trying to dispose quality-control records.

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Yes Bank Shares Extend Gains To Third Straight Day

Yes Bank stock price, Yes Bank earnings news: At Wednesday's intraday high, Yes Bank shares clocked a recovery of 26.49% from a fresh 52-week low of Rs 85.70 last week. Yes Bank will report its...

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Sensex, Nifty Open On Flat Note; Yes Bank, Wipro Gain Ahead Of Earnings

Fourteen of 19 sector gauges compiled by BSE were trading higher led by the S&P BSE Basic Materials Index's 0.6 per cent gain.

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Nifty Futures Indicate Weak Start For Indian Markets; Yes Bank In Focus

Indian equity benchmarks are set to open marginally lower as indicated by the Nifty Futures traded on Singapore Exchange.

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Centre Seeks Over $1 Billion Investment With New Oil Block Auction

The government awarded 32 blocks in the latest two exploration licensing rounds called the open acreage licensing policy

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Rupee Falls Against Dollar As Exports Decline In June

Foreign institutional investors (FIIs) remained net sellers in the equity markets. FIIs sold shares worth Rs 444.99 crore on Tuesday

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Vedanta To Invest Rs 20,000 Crore In New Oil Blocks

Vedanta had won a total of 53 oil and gas blocks under the government's open acreage licensing policy (OALP) and Discovered Small Field (DSF) rounds.

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Opinion: India's Hedge Funds Threatened by Higher Taxes

The Securities and Exchange Board of India, or SEBI, has always been suspicious of the source of capital for hedge funds investing in India from Singapore or Hong Kong.

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Government To Launch Rules To End Gas Distributors' Monopoly In 34 cities

The move could affect the business of GAIL (India) Ltd, formerly known as Gas Authority of India Ltd, the biggest gas distributor in the country.

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Rakesh Gangwal Won't Sell IndiGo Stake In Feud With Rahul Bhatia

"I am here for the long haul," Mr Gangwal, who has accused Mr Bhatia of corporate governance lapses told Bloomberg.

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Oyo Buys Shared Office Startup Innov8 For $30 Million

Oyo will buy Innov8 for $30 million in an all-stock deal, a person with knowledge of the development said.

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Bad Loans Down At Rs 9.34 Lakh Crore In 2018-19: Nirmala Sitharaman

The NPAs of scheduled commercial banks (SCBs), reached a peak of Rs 10,36,187 crore as on March 31, 2018

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DHFL Lenders To Take Haircuts As Part Of Restructuring Plan: Report

DHFL, however, said it was working with stakeholders and creditors to ensure a resolution plan without its lenders having to take a haircut

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Changes In Aadhaar, PAN Rules: Here Are Some Key Announcements To Know

Aadhaar-PAN inter-linking: While the government has allowed quoting of Aadhaar in place of PAN under the Income Tax Act, it has also announced grant of Aadhaar to NRIs on arrival without a waiting...

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Sensex, Nifty Gain For Second Session; Yes Bank Surges Ahead Of Earnings

Nine of 11 sector gauges compiled by National stock Exchange ended higher led by the Nifty Realty Index's nearly 2 per cent gain.

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Air India Plans To Start New Domestic, International Flights

Air India is also offering 10 per cent discount on international flight tickets under its "Monsoon Bonanza Offer"

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Want To Set Up A SBI Savings Plus Account? Here's All You Need To Know

Customers are also required to maintain a monthly average balance (MAB) for State Bank of India's (SBI) savings plus account

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Roadshows Next Month to Sell Air India: Report

Air India, which is surviving on Rs 30,000 croretaxpayer-funded bailout, has failed to maintain its market dominance as a slew of carriers including InterGlobe Aviation and SpiceJet started to offer...

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Yes Bank Shares Jump 11% Ahead Of June Quarter Earnings Announcement

Yes Bank stock price news: Yes Bank share price today: Yes Bank shares jumped 10.89% jump from their previous close of Rs 93.20 apiece on the BSE. On the National Stock Exchange (NSE), Yes Bank...

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Filing Your Income Tax Return (ITR)? Find Out Which Form Is For You

ITR-2 is available for Individuals and HUFs (Hindu Undivided Families) not having income from profits and gains of business or profession.

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IRCTC Amarnath Yatra: Package Cost, Itinerary, Other Details Here

Amarnath yatra: The cost includes flight tickets, hotel and tent accommodation, breakfast and dinner meals, helicopter tickets and registration pass.

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BSNL Launches Abhinandan-151 Plan At Rs 151, Details Here

BSNL plan news: Bharat Sanchar Nigam's -Abhinandan-151- plan comes with a validity period of 24 days and offers benefits such as unlimited calls. BSNL recharge: Bharat Sanchar Nigam's -Abhinandan-151-...

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Buy Balkrishna Industries, Mahindra & Mahindra, JK Tyre: Choice Broking

Stock Market Update: The Sensex moved in a band of 215 points and the NSE Nifty 50 Index hit an intraday high of 11,637.20 and a low of 11,573.95.

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How To Make SBI Credit Card Payments Through SBI ATMs

The bill payment through an SBI ATM enables customer to pay their credit card dues from over 26,000 ATMs without any extra charges, according to lender's website- sbi.co.in. ATMs are available 24x7,...

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DHFL Shares Bounce Back From 52-Week Low

Dewan Housing Finance (DHFL) news: Dewan Housing Finance shares opened 5% lower at Rs 46.10 apiece on the BSE on July 16, as against their previous close of Rs 48.50. DHFL shares have fallen 80.55 per...

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Air India Announces New International Flights, Check Routes Here

In a separate offer, Air India is offering 10 per cent discount on international flight tickets under its "Monsoon Bonanza Offer". Bookings under the sale can be made till August 10. The discounted...

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Sensex Gains Over 50 Points, Nifty Near 11,600

Domestic stock markets were stuck in a narrow range in early trade after opening higher on Tuesday, amid mild gains in Asian peers. The S&P BSE Sensex benchmark index moved in a range of 116.59...

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RBI Imposes Rs 7 Crore Penalty On State Bank Of India For Violating Rules

The penalty has been imposed on the bank for non-compliance of income recognition and asset classification (IRAC) norms

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Trade Deficit Narrows To $15.28 Billion In June

Merchandise exports fell 9.71 per cent to $25.01 billion in June compared with a year earlier

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China Second Quarter GDP Growth Slows To 27-Year Low

China has already slashed RRR six times since early 2018 to free up more funds for lending, and analysts polled by Reuters forecast two more cuts by the end of this year

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Rupee Ends Higher At 68.54 Against Dollar

Foreign institutional investors remained net sellers in the capital markets, pulling out Rs 216.44 crore on Monday, provisional exchange data showed

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IndiGo Announces New International Flights, Offers Tickets From Rs 7,548

The additional flights between Delhi and Jeddah will start fromJuly 25, while the flights between Mumbai and Kuwait will become operational from August 5.

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

Gold of 99.9 per cent and 99.5 per cent purity fell Rs 100 each to Rs 35,470 and Rs 35,300 per 10 grams, respectively in Delhi.

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Budget 2019: Will Tax On The Rich Hit Foreign Investment Inflows?

In her budget, Finance Minister Nirmala Sitharaman proposed a tax increase for individuals with an annual income over Rs 2 crore

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Sensex Rises 160 points, Nifty settles At 11,588 Led By Infosys

Eight of 11 sector gauges compiled by National Stock Exchange ended lower led by the Nifty PSU Bank Index's 2.6 per cent decline.

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June Business Sentiment Lowest Since 2016: Report

Country is staring at a deficit monsoon this year, raising concerns over output of summer-sown crops in a nation where 55%of arable land is rain-fed.

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How To File Income Tax Return (ITR) Online

Non-filing of return of income may result in penalty and prosecution, according to the Income Tax department.

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DHFL Plunges 30% As It Says "Undergoing Substantial Financial Stress"

DHFL posted a net loss of Rs. 2,223 crore during January-March compared with a profit of Rs. 134 crore in the same period a year earlier

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Tatkal Ticket Booking Rules, Charges, Timings, 0ther Details Here

IRCTC Tatkal ticket rules: Tatkal booking opens at 10 am every day for AC classes and 11 am for non-AC classes a day in advance of actual date of journey.

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Wholesale Inflation Eases To Near 2-Year Low At 2.02% In June

Build up inflation rate in the financial year so far was 1.33 per cent compared to a buildup rate of 2.41 per cent in the corresponding period of the previous year.

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Allahabad Bank Falls On Detecting Fraud In Bhushan Power Loan Account

Allahabad Bank share price: Allahabad Bank share price fell as much as 14.53 per cent on the BSE to Rs 40.30 after it informed exchanges on Saturday that it had detected a fraud of Rs 1,774.82 crore...

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Sensex, Nifty Hold Gains; Infosys, Yes Bank Top Gainers

Eight of 11 sector gauges compiled by National Stock Exchange were trading lower led by the Nifty PSU Bank Index's 2.5 per cent decline.

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Infosys Surges 6% On Beating Estimates In June Quarter

Infosys, the country's second largest software services company on Friday reported net profit of Rs. 3,802 crore for the quarter ended June 30.

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Rupee Moves Higher To 68.53 Against Dollar

Foreign institutional investors (FIIs) remained net sellers in the capital markets, pulling out Rs 850.11 crore on Friday, as per provisional data.

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Sensex Rises Over 250 Points, Nifty Above 11,600

Top advancers on the 50-scrip index were Infosys, Yes Bank, Sun Pharma, Dr Reddy's and Tata Motors, trading between 1.44 and 4.52 per cent higher.

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Stock Markets Likely To Open In Green

Asian shares advanced on Monday as investors breathed a sigh of relief after encouraging Chinese data suggested the world's second-biggest economy may be starting to stabilise thanks to ramped-up...

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IRCTC Tourism Offers 5-Day Tour To Kerala: Fares And Other Details

IRCTC Tourism's package includes air tickets, breakfast, lunch and dinner, GST, accommodation in deluxe hotels and one night stay in a house boat.

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Deloitte Misreading Law In Challenging 5-Year Ban, Centre Tells Court

The government has said it detected several violations of auditing standards by Deloitte while investigating fraud at IFIN, a unit of IL&FS

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Expect RBI To Cut Key Lending Rates In August Policy: Kotak Report

The third consecutive rate cut announced in June was the first time since 2013 amid a widespread slowdown in the economy

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Minimum Balance Rules Of SBI, HDFC Bank Explained Here

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

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

The announcements from Air India, Vistara and GoAir come at a time when the suspension of flights by Jet Airways has led to additional demand in market

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Bimal Jalan Panel May Recommend Rs 50,000 Crore Transfer: Report

While the Centre is keen on the entire contingency fund -- Rs 2.32 lakh crore, the Jalan panel is not inclined to transfer the entire fund reserve

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Corporate Earnings, Macro Data To Impact Equity Indices: Experts

Firms like Reliance Industries, Wipro, Yes Bank, ACC and HDFC Bank are expected to announce their Q1 earnings in the week starting July 15

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Reliance Jio 3-5 GB/Day Data Plans: Prices, Validity Explained Here

Jio prepaid plans: Under Reliance Jio's 3 GB per day plan, Jio subscribers get 84 GBs of high-speed internet data for a period of 28 days

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IndiGo Co-Promoter May Not Agree On Change In Control Structure: Report

The feud between the two airline co-founders, Rakesh Gangwal and Rahul Bhatia, came to light on July 8 after the former wrote a letter to Sebi

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Allahabad Bank Alleges Rs. 1,775 Crore Fraud By Bhushan Power & Steel

On July 6, state-run Punjab National Bank (PNB) said it had reported an alleged fraud of $554.6 million in the steelmaker's accounts

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May Not Survive As A Going Concern: Dewan Housing Finance

DHFL posted a net loss of Rs 2,223 crore during the January-March period compared with a profit of Rs 134 crore in the same period a year earlier.

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How To Claim Rs 3.5 Lakh Income Tax Deduction Against Home Loans

The government has now proposed to introduce Section 80EEA to allow for an additional interest deduction of up to Rs 1.5 lakh on repayment of home loans.

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Here Are 5 Types Of Gold Investments You May Choose From

Gold investment: The traditional gold investment mode is purchasing of physical gold. However, analysts suggest going for electronic gold.

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IL&FS Case: Tribunal Says Pension Money To Get Priority In Repayment

IL&FS has to file the status report on the 10 companies on or before the next hearing on August 8.

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SBI's Anshula Kant Appointed As Managing Director Of World Bank Group

Ms Kant is a graduate in Economic Honours from Lady Shri Ram College and a post-graduate in Economics from Delhi School of Economics.

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IRCTC Ticket Booking: Reservation Rules, Tatkal Timings And More

Indian Railway Catering and Tourism Corporation or IRCTC, the e-ticketing arm of Indian Railways, allows individual user to book a maximum of six tickets in a calendar month under certain...

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National Pension System (NPS) Withdrawal Rules Explained Here

NPS account: Originally launched for the government employees in 2004 and extended to the general public in 2009, it allows premature withdrawal and exit from an account under certain conditions.

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Air India Offers Discount On International Flight Tickets

Air India's offer is applicable for travel to London, Birmingham, Copenhagen, Frankfurt, Madrid, Paris, Rome, Milan, Stockholm, Vienna and Tel Aviv. Bookings under the sale, which is valid for travel...

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SBI To Remove Immediate Payment Service Charges From August 1: 10 Points

State Bank of India or SBI, the largest commercial bank in the country, has decided to do away with IMPS (Immediate Payment Service) charges for its internet banking, mobile banking and YONO (You Only...

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Foreign Investors Sell Shares Worth Rs 3,000 Crore Since Budget

Most FPIs earn more than Rs 5 crore in a year and hence would come under the highest income tax bracket.

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Foreign Investors' Lobby Group Asks Government To Reconsider High Taxes

About 40 per cent of roughly 9,400 FPIs investing in India are registered as trusts, according to tax experts, while the rest are registered as corporates.

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InterGlobe Enterprises Term Rakesh Gangwal's Allegations As Baseless

InterGlobe Enterprises (IGE), one of the promoters of parent of India's largest airline IndiGo, on Friday termed charges made by InterGlobe Aviation's co-founder Rakesh Gangwal as baseless and fact...

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Mining, Manufacturing Pull Down IIP Growth To 3.1% In May

The Index of Industrial Production (IIP) had expanded by 3.8 per cent in May 2018. The index grew at 4.3 per cent in April and 0.4 per cent in March this year.

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Consumer Inflation Picks Up To 8-Month High Of 3.18% In June

Consumer inflation picked up to 3.18 per cent in June, from 3.05 per cent in the previous month, government data showed on Friday. That marked the highest level of consumer inflation recorded since...

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Gold Prices Drop On Lacklustre Demand

Globally, spot gold was trading higher at $1,409.40 an ounce in New York and silver was up at $15.21 an ounce.

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Government Aims To Raise Rs 3.25 Lakh Crore From Disinvestment: Report

The government has set a divestment target of Rs 1.05 lakh crore for the current fiscal year ending March 31, 2020.

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Housing Becomes More Expensive, Mumbai Least Affordable, Says RBI

Among the four metro cities, Chennai and Delhi stood at the second and third positions in terms of least affordable cities - with HPTI ratios of 58.6 and 58.5 respectively - while Kolkata emerged the...

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Infosys Q1 Net Profit At Rs 3,802 Crore; Raises Revenue Growth Guidance

Infosys raised its revenue growth guidance for the current financial year to 8.5-10 per cent from 7.5-9.5 per cent.

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Sensex, Nifty End Lower Led By Declines In HDFC Bank, IndusInd Bank

Seven of 11 sector gauges compiled by National Stock Exchange ended higher led by the Nifty Metal index's 0.75 per cent gain.

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State Bank of India Waives Off Immediate Payment Service (IMPS) Charges

Earlier, SBI waived off RTGS and NEFT charges for its customers, with effect from July 1.

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IndiGo Shares Gain Over 2% To Break Three-Day Fall

IndiGo shares opened flat at Rs 1354.90 and rose to as much as Rs 1,388.95, marking an increase of 2.52 per cent from their previous close.

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Higher Yields Draw Carry Trades To Asian Bonds: Report

Indian 10-year government bond's yield is 4.5 per cent over comparable US Treasuries, just behind Indonesia's spread of 5.2 per cent.

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Sensex Rises Over 150 Points, Nifty Reclaims 11,600

Wipro, Larsen & Toubro, Bharti Airtel, BPCL, Bajaj Finance, Power Grid and ONGC were among the laggards.

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Crucial To Manage Inflation, Exchange Rate, Says Nirmala Sitharaman

The Finance Minister was speaking on the proposals made by the government last week in the Union Budget for 2019-20.

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Quess Corp Shares Surge As Amazon Invests Rs 50 Crore In Qdigi Services

Quess Corp Share: Quess Corp has allocated 7,54,437 equity shares of the company to Amazon.com NV Investment Holdings LLC at Rs 676 per share.

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Government's Net Tax Revenue Grows 11.13% To Rs 16.49 Lakh Crore

Earlier in her first Budget speech, Ms Sitharaman Direct said that tax revenue has increased significantly over the past couple of years due to the efforts taken by the government.

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Sensex, Nifty Turn Flat Amid Jittery Trade

Domestic stock markets gave up early gains to move in a tight range on Friday afternoon amid a mixed trend in Asian peers. The S&P BSE Sensex declined as much as 193.3 points from an intraday high of...

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Flipkart, Axis Bank To Launch Credit Card This Month: 10 Things To Know

Enabled by Mastercard, the new card comes with a slew of benefits, including 5 per cent unlimited cashback on Flipkart, Myntra and 2GUD, 1.5 per cent unlimited cashback on all merchants, up to 20 per...

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Flipkart, Axis Bank To Launch Co-Branded Credit Card

The Flipkart-Axis Bank co-branded credit card will be available for select users in July.

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Sovereign Gold Bond 2019-20-Series-II Open For Subscription Till Today

The sovereign gold bond scheme was launched in November 2015 with an objective to reduce the demand for physical gold and shift a part of the domestic savings, used for purchase of gold, into...

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Sensex Rises Over 100 Points, Nifty Hits 11,600

The Sensex and Nifty indexes had ended 0.69 per cent and 0.73 per cent higher respectively on Thursday, with the 50-scrip benchmark index breaking a three-day losing spree.

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Stock Markets Likely To Open Flat

Analysts will closely watch corporate earnings by large cap companies and macroeconomic data due later in the day.

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Jet Airways' Revival Possible Only Under Insolvency Law: Minister

The minister said that the State Bank of India has filed an application under the Insolvency and Bankruptcy Code, which has been admitted by NCLT

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Jet Airways Crisis Led To Marginal Hike In Airfare, Says Government

Civil Aviation Minister Hardeep Singh Puri said that as per the prevailing regulations, airfares are neither established nor regulated by the government.

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Gold Prices Jump By 930 Rupees On Strong Global Cues

In Delhi, gold of 99.9 per cent and 99.5 per cent purity surged Rs 930 each to Rs 35,800 per 10 gram and Rs 35,630 per 10 grams, respectively.

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BSNL Begins Land Monetisation, Fair Valuation At Rs 20,000 Crore

BSNL's revenue is pegged at around Rs 19,308 crore for 2018-19, compared with Rs 25,071 crore in 2017-18 and Rs 31,533 crore in 2016-17

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Nifty Snaps Three-Day Losing Streak Led By Banks

All the 11 sector gauges compiled by National stock Exchange ended higher led by the Nifty Media Index's 3.87 per cent gain.

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India To Receive Below-Average Monsoon Rains In Next Two Weeks

India is likely to get below-average rainfall in the next two weeks with a large deficit in the soybean and cotton growing central and western regions.

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Tax On Super-Rich Decoded: Here's Your Guide To Understanding New Rules

"In view of rising income levels, those in the highest income brackets, need to contribute more to the nation's development," Finance Minister Nirmala Sitharaman said while presenting her first Budget...

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IndiGo Shares Fall 9%, Set To Finish Lower For Third Straight Day

The IndiGo shares were set to finish lower for a third session in a row. In the past two sessions, IndiGo shares had declined 10.99 per cent on the Bombay Stock Exchange.

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Five Things To Know About New SBI Loan Interest Rates

SBI had previous cut the lending rate by the same magnitude each in April and May.

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As Federal Reserve Cut Looms, HSBC Favours China Shares Over India

Shanghai shares have gained 17 per cent so far this year. But they slid about 7.6 per cent between early May and early June as the US-China trade war re-escalated

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Airlines Announce New International Flights, Check Routes, Fares Here

The announcements from Vistara, GoAir and SpiceJet come at a time when the suspension of flights by Jet Airways has led to additional demand in market

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

Jio Recharge Plans: Reliance Jio Infocomm, which offers telecom services under the brand name Jio, is offering recharge plans for usage of 1.5 GB of high speed internet data per day starting at Rs...

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Would Ensure Air India Is Purchased By Indian Entity: Aviation Minister

To a question on the decline of the domestic civil aviation market, the minister said that it is only a ''narrative'' that the market is declining

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Rupee Moves Higher To 68.32 Against Dollar

Rupee strengthened in tandem with other emerging market currencies after Federal Reserve chief Jerome Powell bolstered expectations of a rate cut later this month, forex traders were cited as saying...

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LIC Money Back Plan-20 Years: Sum Assured, Premiums, Other Benefits Here

LIC Insurance: Life Insurance Corporation of India (LIC), the country's largest life insurer, which offers term insurance plans, endowment insurance policies, pension plans among other insurance...

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Nifty Faces Resistance Around 11,600, Support At 11,450: Choice Broking

Share Market Tips: Nifty has halted its correction at 11,485 level which is 61.80 per cent Fibonacci Retracement level of its previous up move from 11,108 to 12,103, Choice Broking said in a research...

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How To Avail Income Tax Benefits Under National Pension System (NPS)

Union Finance Minister Nirmala Sitharaman increased the income tax exemption limit on withdrawal from NPS and also announced some additional income tax benefits for employees who contribute towards...

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Vistara Announces International Operations

Tata Sons holds a 51 per cent stake and Singapore Airlines owns the remaining 49 per cent in Vistara.

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Anil Ambani Plans Rs 21,700-Crore Asset Sales To Cut Massive Debt: Report

Reliance Infrastructureis seeking Rs 9,000 crorefrom the sale of nine road projects

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"Welcome To The Party": Winklevoss Twins To Zuckerberg On Crypto Plan

The Winklevoss twins, one of the earliest proponents of crypto -- and bitcoin, in particular -- are speaking out for the first time since Zuckerberg's Facebook announced plans to launch a digital...

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Sensex Rises Over 200 Points, Nifty Crosses 11,550 Mark

The Sensex had shed 1,351.02 points - or 3.39 per cent - and the Nifty declined 447.85 points - or 3.75 per cent - in the past four days.

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Tiger Global Fuels India's Startup Boom, Examining "A Dozen Deals"

The ultra-secretive New York-based hedge fund has closed investments in at least half of these startups -- nearly all of them in fintech or enterprise software segments.

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Stock Markets Likely To Open Higher

The Sensex and Nifty indexes ended 0.45 per cent and 0.49 per cent respectively on Wednesday.

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IndiGo Co-Founder Rahul Bhatia's Firm Denies Unfair Transactions Charges

Amid the spat between the promoters, shares of InterGlobe Aviation plunged over 11% on Wednesday wiping out Rs 6,423 crore from its market valuation

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GoAir Announces New International Flights, Check Routes Here

The country's civil aviation market has witnessed high competition over the past few months

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Education Start-Up Byju's Raises $150 Million In Funding

Launched in 2015 in Bengaluru, Byju's has so far raised roughly $970 million from investors

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Rupee Closes Lower At 68.58 Against Dollar

At the interbank foreign exchange, rupee opened weak at 68.61 and slipped to hit the day's low of 68.67.

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Investors Lose Rs 2.9 Lakh Crore In Market Value Since Budget

A higher surcharge on wealthy Indians in the budget has spooked non-resident and overseas funds enough to erase Rs 2.9 lakh crore in market value.

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Money Debited But Train Tickets Not Booked? Here's What You Should Know

The online payment at IRCTC involves complex system of technical and telecommunication networking integration between customer's Internet bandwidth, IT system of banks and payment gateways and is...

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Sensex Falls 174 Points, Nifty Settles Below 11,500

All the 19 sector gauges compiled by BSE ended lower led by the S&P BSE Industrials Index's 1.5 per cent decline.

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Government Committed To Path Of Fiscal Consolidation: Nirmala Sitharaman

The Finance Minister she speaking in the Lok Sabha on the Union Budget Budget 2019 presented last week.

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Tata Motors Shares Fall As Jaguar Land Rover Sales Decline In June

Jaguar Land Rover retail sales in June 2019 were 47,060 vehicles, down 9.6 per cent compared to June 2018, Jaguar Land Rover said

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Car Sales Down 17% In June, 8th Straight Month Of Declines: Industry Body

For the quarter ended June 30, vehicle sales across all categories declined by 12.35 per cent to 60,85,406 units

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Issues Between Promoters Have Nothing To Do With IndiGo: CEO To Employees

IndiGo CEO Ronojoy Dutta said the issues between the promoters will eventually get sorted and have nothing to do with the airline's functioning.

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TCS Shares Fall After First Quarter Revenue Misses Estimates

Tata Consultancy Services (TCS) shares fell nearly per cent on Wednesday, a day after the country's largest IT services exporter kicked off the earnings season by reporting a profit of 8,131 crore in...

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Rupee Trades Lower At 68.55 Against Dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, inched up 0.02 per cent to 97.51.

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How To Claim Rs 3.5 Lakh Income Tax Deduction Against Home Loans

The government has now proposed to introduce Section 80EEA to allow for an additional interest deduction of up to Rs 1.5 lakh on repayment of home loans.

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IndiGo Shares Hit 3-Month Low Amid Tensions Between Co-Founders

Shares in InterGlobe Aviation - the owner of the airline IndiGo - fell as much as 19 per cent on Wednesday, after its co-founder Rakesh Gangwal sought regulatory intervention in alleged misgovernance...

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Walmart Got a $10 Billion (Happy) Surprise After Buying Flipkart

Walmart debated for months whether to keep funding the payments business internally or whether to separate the operation so it could raise outside funds.

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Billionaire Founders Of IndiGo Intensify Feud, Stock Drops 19%

IndiGo plunged as much as 19.24 per cent to Rs 1,264.85 in Mumbai trading Wednesday to its lowest level in almost three months.

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Sensex, Nifty Erase Gains, TCS Drops After Earnings Announcement

Market breadth was neutral as 905 shares were advancing while 823 were declining on the BSE.

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Late Payment Charges For Post Office Recurring Deposit, Other Rules Here

For opening a five-year recurring deposit account, a minimum investment of Rs10 per month is required, according to the India Post's website.Monthly deposits can be made in multiples of Rs 5. A...

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IndiGo Hits Lowest Since March As Co-Founder Alleges Misgovernance

InterGlobe shares hit their lowest since March and were on course for their worst day since January 2016.

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Sensex Edges Lower, Nifty Holds 11,500 In Choppy Trade

The Sensex had ended up 10.25 points at 38,730.82 on Tuesday, after shedding 1,187.49 points, or 2.98 per cent - in the past two sessions.

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SBI Home Loans Get Cheaper From Today: 10 Things To Know

SBI or State Bank of India has reduced its benchmark lending rates by five basis points or 0.05 per cent across all tenors. The new rate, effective from today, is the third reduction by SBI in this...

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Stock Markets Likely To Open On A Flat Note

Sensex, Nifty pre-market updates: The SGX Nifty futures were last seen trading 0.50 point higher ahead of the opening of capital markets in India.

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IndiGo Promoter Rakesh Gangwal Flags Serious Governance Issues

Rakesh Gangwal along with his affiliates holds around 37 per cent stake in InterGlobe Aviation, the parent of the country's largest airline IndiGo

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SBI Reduces Key Lending Rates, Home Loans To Get Cheaper

The marginal cost of fund-based lending rate, or the MCLR, will now stand at 8.40 per cent for the one-year tenor, down from 8.45 per cent, with effect from July 10, 2019, SBI said in a statement.

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India To Face Fiscal Challenges Despite Lower Deficit Target: Moody's

The Budget presented on July 5 targeted a slightly lower deficit of 3.3% of the GDP for 2019-20 than what the authorities had predicted in February

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Not Targeting Foreign Portfolio Investors: Report

The government had in the Budget proposed to increase the surcharge, charged on top of the applicable income tax rate

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Sebi Seeks Details From IndiGo On Promoter Complaints By July 19

One of the promoters Rakesh Gangwal has Sebi''s intervention in addressing his grievances, InterGlobe Aviation said in a regulatory filing on Tuesday.

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Bajaj Finance Shares Bounce Back On Strong Loan Book

Bajaj Finance shares closed 5.52 per cent higher at Rs 3603.35 on the BSE outperforming the Sensex

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$30 Billion Wiped Off India Stocks As Tax Clarity Eludes Market

Finance Minister Nirmala Sitharaman in her budget speech Friday proposed to increase the surcharge from 15 per cent to 25 per cent for those with taxable incomes of between Rs 2 crore and Rs 5 crore,...

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Budget 2019 Raises Interest Deduction On Home Loan. What It Means For You

After introduction of the new Section 80EEA, the maximum deduction an individual taxpayer can claim will stand at Rs 3.5 lakh.

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TCS June Quarter Net Profit At Rs 8,131 Crore; Declares Dividend Of Rs 5

Tata Consultancy Services' (TCS) net profit rose 0.06 per cent to Rs 8,131 crore compared with net profit of Rs 8,126 crore during the previous quarter.

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Jaypee Infra Case: Centre Asked To Make Uniform Proposal For Homebuyers

Supreme Court said the issue concerns lakhs of flat buyers and the centre should give a proposal to resolve it

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Budget 2019: Major Changes Announced On Filing Of Income Tax Return

Income tax return changes announced in Budget 2019: The government announced "interchangeability of PAN and Aadhaar", meaning those who do not have PAN will be able to file income tax returns by...

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Gold Prices Plunge By 600 Rupees On Weak Global Cues

Gold of 99.9 per cent and 99.5 per cent purity plummeted Rs 600 each to Rs 34,870 per 10 grams and Rs 34,700 per 10 grams, respectively, in Delhi

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Sensex, Nifty End Flat; Titan, UPL Fall, Indian Oil Bajaj Finance Gain

The S&P BSE Sensex and NSE Nifty 50 Index ended on a flat note as gains in Bajaj Finance and Sun Pharma were offset by losses in Titan and TCS.

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Rupee Falls To 68.67 Against Dollar

On Monday, rupee had declined by 24 paise to close at 68.66 to dollar, cutting short its three-day winning run.

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Sensex, Nifty Move In A Range Amid Cautious Trade

Top laggards on the 30-scrip index were Tata Consultancy Services, Asian Paints, HDFC, HCL Tech, ITC and HDFC Bank, trading between 1.13 and 1.95 per cent lower.

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Consumer Inflation Likely Rose In June, But Below RBI Target: Poll

Another reading below the inflation target will likely support the RBI's decision last month to cut interest rates to boost economic growth that slowed to more than a four-year low in the...

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Opinion: If It Moves, Tax It. That's Desperate, India

Tax collections last year were a full 1 percentage point of GDP lower than the 7.9 per cent the government had hoped to obtain.

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Billionaire Adani Defends Oz Mine Which Will Feed Indian Power Plants

Mr Adani bought the resource in Australia's Galilee Basin in 2010 as companies rushed for overseas energy supplies amid forecasts of booming demand.

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The Mystery of the 'Missing' Rs 1.7 lakh Crore in India's Budget

Three days after the Union Budget was presented, questions have surfaced over a nearly Rs 2 lakh crore 'fiscal hole' in India's financial accounts.

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Court Seeks Centre's Response On Naresh Goyal's Plea On Look Out Circular

Jet Airways founder Naresh Goyal said he came to know of the LOC on May 25 when he and his wife, Anita, were de-boarded from a flight to Dubai with an onward connection to London.

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Titan Shares Slump 14% As Consumption Takes Hit In April-June Quarter

Titan Company in a stock exchange filing said April-June quarter witnessed a tough macro-economic environment with consumption being hit.

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Right Time To Raise Funds Through Sovereign Bonds: Chief Economic Adviser

The government will study "risks and returns" to raise funds through sovereign bonds, possibly in the second half of the current financial year, said Mr Subramanian at an event in Delhi.

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Sensex Falls Over 250 Points, Nifty Drops Below 11,500

The Sensex and Nifty had on Monday registered their worst single-day fall of 2019, ending 2.01 per cent and 2.14 per cent lower respectively. According to analysts, the Budget proposals on higher tax...

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Mutual Funds Outflow At 1.60 Lakh Crore In June: Industry Body

In recent months, the mutual fund industry has been grappling with redemption pressure in the wake of debt crises at various groups, including IL&FS, Essel and DHFL

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Clarification On Surcharge For Foreign Investors Soon, Says Official

Markets continued to tumbled for the second straight session on Monday with the Sensex plummeting 793 points

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IRCTC Tourism Offers 5-Day Tour To Andaman And Nicobar Islands

The four-night and five-day tour will cover destinations such as Port Blair and Havelock Islands, according to IRCTC Tourism

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Punjab National Bank Shares Fall On Detecting Fraud Worth Rs 3,805 Crore

Shares of the government-owned lender Punjab National Bank fell as much as 11.31 per cent, from its previous close, to intraday low of Rs 72.50.

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Rupee Closes Lower At 68.66 Against Dollar

Foreign institutional investors pulled out Rs 401.99 crore on Monday, hitting the rupee sentiment.

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Expect Quicker Transmission Of Rate Cut By Banks, Says RBI Governor

During this year, the RBI reduced the key policy rate thrice with an aggregate reduction of 0.75 percentage point in the repo rate.

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Aadhaar For Filing Tax Returns Among New Aadhaar Rules. Details Here

Aadhaar is a 12-digit identification number, which is issued by the Unique Identification Authority of India (UIDAI) to an Indian resident

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Government Sees No Reason To Clarify Higher Tax On Foreign Investors

Domestic markets crashed due to a selloff led by foreign portfolio investors, who now may have to pay higher tax on their income due to the new rules

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All You Need To Know About "Interchangeability Of PAN And Aadhaar"

In Budget 2019, the government has proposed to provide "interchangeability of PAN (Permanent Account Number) and Aadhaar" to enable individual assessees to file income tax returns (ITR). The Unique...

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Gold Prices Remain Unchanged After Gaining By 1,260 Rupees In 2 Sessions

In Delhi, gold of 99.9 per cent and 99.5 per cent purity traded flat at Rs 35,470 per 10 grams and Rs 35,300 per 10 grams, respectively

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Sensex Slumps 793 Points On Higher Tax For Foreign Investors

The S&P BSE Sensex and NSE Nifty 50 Indexes posted their worst single-day fall of 2019 as investor sentiment was spooked by the Budget proposals.

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Want To Invest In Atal Pension Scheme? Five Things To Know

The minimum age to start an investment in Atal Pension Yojana is 18 years and the maximum age is 40 years

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Maruti Suzuki Shares Slide Below Rs 6,000 For First Time In Over 2 Years

Total production - including passenger vehicles and light commercial vehicles - stood at 111,917 vehicles in June 2019, down 15.61 per cent on a year-on-year basis.

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Budget 2019: How Cash Withdrawal From Bank Accounts Can Attract 2% Tax

In the Union Budget for 2019-20, the government has proposed to impose a TDS or tax deduction at source of 2 per cent if an individual or an entity withdraws Rs 1 crore or more from a bank account in...

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Government Aims To Cut Stake In State-Run Firms To Minimum: Report

The government need funds to meet its fiscal deficit target of 3.3 per cent set for this fiscal year to March 2020.

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Steve Jobs Was Master At ''Casting Spells'' On Workers: Bill Gates

Apple chief design officer Jony Ive who worked at the iPhone maker for almost 30 years decided to move on last month and form an independent design firm called LoveFrom.

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Sensex Slumps 600 Points On Higher Tax Incidence For Foreign Investors

The S&P BSE Sensex and NSE Nifty 50 indexes plunged for a second straight session after Finance Minister Nirmala Sithraman, while presenting Budget for financial year 2019-20 on Friday, proposed to...

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Opinion: Will India Become Superpower? Not With This Budget

Investors can take solace in the fact that India will almost certainly recover from its cyclical slowdown.

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Sensex Plunges Over 400 Points, Nifty Slides Below 11,700

Domestic stock markets started Monday's session on a lower note, extending their losses to a second straight day, amid weakness in global peers. The S&P BSE Sensex index fell as much as 435.23 points...

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Stock Markets Likely To Open Lower

The S&P BSE Sensex had shed 394.67 points - or 0.99 per cent - last Friday, and the NSE Nifty declined 1.14 per cent,after the presentation of Union Budget for 2019-20 in Parliament by the government.

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Germany's Deutsche Bank To Cut 18,000 Jobs In Major Overhaul

The overhaul, one of several over the past few years, signals that Deutsche is coming to terms with its failure to keep pace with Wall Street's big hitters such as JP Morgan Chase & Co and Goldman...

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Airlines Announce New Routes, Offer Discount On Flight Tickets, Details Here

SpiceJet and GoAir have announced flights on new routes and discounts on bookings. The announcements from the airlines come at a time when the suspension of flights by Jet Airways has led to...

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Centre May Let State-Run Firms With Lesser Government Stake To Retain Tag

Finance Secretary said the government may amend laws that will allow an entity to retain the PSE tag even in case the government holding below 51%

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Budget 2019: New Aadhaar, PAN Card Rules, Here's All You Need To Know

Aadhaar is issued by the UIDAI to an Indian resident, PAN is a 10-digit alphanumeric number allotted by the tax department to a person, firm or entity

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Taxman To "Suo Motu" Allot PAN To Those Only Furnishing Aadhaar: Official

While Aadhaar is issued by the UIDAI to a resident, PAN is a 10-digit alphanumeric number allotted by the tax department to a person, firm or entity

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Sustained Effort Required To Accelerate Electric Vehicles Growth: Experts

Finance Minister Nirmala Sitharaman proposed various tax benefits for EV manufacturing and purchases in the Union Budget 2019-20

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Aadhaar Can Be Used For Cash Transactions Above Rs. 50,000: Top Official

In order to curb black money, quoting of PAN is mandatory for cash transactions, such as hotel or foreign travel bills, exceeding Rs 50,000.

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Fuel Price Hike To Have "Very Marginal Impact" On Inflation: Official

Finance Minister Nirmala Sitharaman announced a hike in excise duty and road and infrastructure cess on both the fuels in her Budget speech

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SpiceJet Extends "Monsoon Sale", Offers Flight Tickets From 888 Rupees

SpiceJet Monsoon Sale: The discount is applicable on one-way fares only and cannot be combined with any other offers

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State-Run Firms May Get More Time To Comply With 35% Listing Norm: Official

The Budget 2019-20 proposed raising the current threshold of 25 per cent minimum public shareholding in the listed companies to 35 per cent

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Corporate Earnings, Macro Data To Guide Market Trend: Experts

The Central Statistics Office (CSO) is slated to release the Index of Industrial Production (IIP), Consumer Price Index (CPI) on July 12

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PNB Detects Rs 3,805 Crore Fraud By Bhushan Power & Steel

Bhushan Power and Steel, was among the first 12 companies referred by the RBI to a bankruptcy court for a debt resolution process under new insolvency law

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Budget Lays Roadmap For Nearly Doubling Indian Economy: PM Modi

Citing international examples, PM said countries have leapfrogged from developing to developed status on the back of a jump in per capita income.

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GoAir Announces New International Flights, Offers Tickets From Rs 8,299

The announcement from GoAir comes at a time when full-service carrier Jet Airways has suspended its operations temporarily, leading to additional demand for flights in the country's civil aviation...

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Government To Closely Monitor Shadow Lending Sector: Nirmala Sitharaman

India has over 10,000 registered NBFCs lending to millions of households who may not have credit worthiness to borrow directly from a commercial bank.

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