Success Is Yours: December 2018

Monday, December 31, 2018

LPG Cylinder Becomes Cheaper, Details Here

Subsidised LPG rates were lowered by Rs 5.91-6.03 per cylinder in Delhi, Kolkata, Mumbai and Chennai with effect from January 1, 2019.

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LPG Cylinder Becomes Cheaper, Details Here

Subsidised LPG rates were lowered by Rs 5.91-6.03 per cylinder in Delhi, Kolkata, Mumbai and Chennai with effect from January 1, 2019.

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Nifty, Sensex Start 2019 On A Cautious Note

The central bank said on Monday the proportion of commercial lenders' non-performing assets may fall slightly to 10.3 per cent by March.

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Rupee Gains By 15 Paise To 69.62 Against Dollar

At the interbank forex market, the rupee opened higher at 69.63 and rose further to quote at 69.62, showing a rise of 15 paise over its previous close.

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Nifty, Sensex Start 2019 On A Cautious Note

The central bank said on Monday the proportion of commercial lenders' non-performing assets may fall slightly to 10.3 per cent by March.

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Rupee Gains By 15 Paise To 69.62 Against Dollar

Sensex Falls 90 Points, Nifty Below 10,850

At 9:31 am, the Sensex traded 46 points, or 0.1 per cent, lower at 36,021 while the Nifty was at 10,850, down 12 points from the previous close.

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Sensex Falls 90 Points, Nifty Below 10,850

At 9:31 am, the Sensex traded 46 points, or 0.1 per cent, lower at 36,021 while the Nifty was at 10,850, down 12 points from the previous close.

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Centre Infuses Rs 3,076 Crore Capital Into State-Run UCO Bank

UCO Bank posted Rs 1,136.44 crore net loss for second quarter of FY19 against a net loss of Rs 622.56 crore for the same period of previous fiscal.

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Centre Infuses Rs 3,076 Crore Capital Into State-Run UCO Bank

Banks' Gross Bad Loans Improved To 10.8% In September: RBI

The net NPAs ratio also witnessed a fall at 5.3 per cent in September 2018 as against 6.2 per cent in March 2018, RBI said in its Financial Stability Report.

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Banks' Gross Bad Loans Improved To 10.8% In September: RBI

Rupee Falls Over 9% In 2018

On year-over-year basis, the rupee depreciated by a whopping 509 paise, or 9.23 per cent, as compared to 2017-end level of 63.87.

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Rupee Falls Over 9% In 2018

On year-over-year basis, the rupee depreciated by a whopping 509 paise, or 9.23 per cent, as compared to 2017-end level of 63.87.

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Cooking Gas Price Cut By Rs. 5.91 Per Cylinder

This is the second straight monthly reduction in LPG rate. On December 1, subsidised LPG price was cut by Rs 6.52 per bottle.

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Cooking Gas Price Cut By Rs. 5.91 Per Cylinder

This is the second straight monthly reduction in LPG rate. On December 1, subsidised LPG price was cut by Rs 6.52 per bottle.

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Banking Sector On "Course To Recovery" As Bad Loans Sink: Shaktikanta Das

According to RBI's report, gross NPAs ratio declined to 10.8 per cent in September 2018 from 11.5 per cent in March 2018.

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Banking Sector On "Course To Recovery" As Bad Loans Sink: Shaktikanta Das

According to RBI's report, gross NPAs ratio declined to 10.8 per cent in September 2018 from 11.5 per cent in March 2018.

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Growth In Core Industry Production Hits 16-Month Low

The lowest expansion in output growth of these key industries was last recorded in July 2017 at 2.9 per cent.

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Growth In Core Industry Production Hits 16-Month Low

The lowest expansion in output growth of these key industries was last recorded in July 2017 at 2.9 per cent.

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Government Says It Does Not Need RBI Reserves To Manage Fiscal Deficit

Finance Minister Arun Jaitley said that central banks of most of the countries keep a reserve of 8 per cent, while some conservative central banks maintain 14 per cent reserves.

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Gold Prices Rise Over 6% In 2018

For the year, the gold prices jumped by Rs 1,870, or 6.15 per cent, as compared with the price of Rs 30,400 per 10 grams on December 30, 2017.

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Government Says It Does Not Need RBI Reserves To Manage Fiscal Deficit

Gold Prices Rise Over 6% In 2018

For the year, the gold prices jumped by Rs 1,870, or 6.15 per cent, as compared with the price of Rs 30,400 per 10 grams on December 30, 2017.

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IRCTC Tourism Offers 7-Day Tour To Tirupati, Rameshwaram, Madurai

IRCTC Tourism package: The tour, which will be via economy class of IndiGo airlines, will commence on March 1, 2019.

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IRCTC Tourism Offers 7-Day Tour To Tirupati, Rameshwaram, Madurai

IRCTC Tourism package: The tour, which will be via economy class of IndiGo airlines, will commence on March 1, 2019.

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Fuel Rates Touch New Low For 2018, Petrol Below Rs 69-Mark In Delhi

Oil prices, however, are likely to gain in the days ahead as the production cut by OPEC and non-OPEC countries comes into effect on January 1.

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Fuel Rates Touch New Low For 2018, Petrol Below Rs 69-Mark In Delhi

Oil prices, however, are likely to gain in the days ahead as the production cut by OPEC and non-OPEC countries comes into effect on January 1.

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Markets End Choppy Session On Flat Note, Sensex Settles At 36,068

Top gainers on the 30-scrip index were Tata Steel, Vedanta,Sun Pharma, Tata Motors and IndusInd Bank, closing between 1 per cent and 1.6 per cent higher.

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Markets End Choppy Session On Flat Note, Sensex Settles At 36,068

Last Day To Apply For Free Replacement Of SBI Magnetic Strip Card Today

State Bank of India (SBI) customers were required to apply for a replacement of the ATM-cum-debit card by December 31, according to the bank. The move by State Bank of India is in line with theReserve...

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Last Day To Apply For Free Replacement Of SBI Magnetic Strip Card Today

Sunday, December 30, 2018

Gold Prices Set For First Annual Decline In 3 Years

Gold prices jumped about 5 per cent in December. The metal declined nearly 2 per cent for the year.

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Gold Prices Set For First Annual Decline In 3 Years

Gold prices jumped about 5 per cent in December. The metal declined nearly 2 per cent for the year.

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Rupee Gains By 20 Paise To 69.75 Against Dollar

At the Interbank Foreign Exchange, the rupee opened on a strong note at 69.76 against the US dollar, then appreciated further to 69.76 showing a rise of 20 paise over its previous closing.

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Rupee Gains By 20 Paise To 69.75 Against Dollar

Sensex Rises Over 200 Points, Nifty Crosses 10,900

Analysts expect global cues to dictate the movement in domestic markets until next week, with Infosys due to kick off the corporate earnings season on January 11.

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Sensex Rises Over 200 Points, Nifty Crosses 10,900

Crude Oil Rates Set For First Annual Decline Since 2015

Hints of progress on a possible US-China trade deal helped bolster sentiment, which has been battered by concerns over a weaker global economic outlook.

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Crude Oil Rates Set For First Annual Decline Since 2015

Five Investment Options That Guarantee Safe Returns

For people looking to make money in 2019, there are several investment avenues available in the market.

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Five Investment Options That Guarantee Safe Returns

For people looking to make money in 2019, there are several investment avenues available in the market.

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Non-Maintenance Of Minimum Balance: Charges Levied By Banks Compared

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

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Non-Maintenance Of Minimum Balance: Charges Levied By Banks Compared

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

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2018: A Year Of Reckoning For Real Estate Sector

The liquidity crisis precipitated by NBFCs adversely impacted the completion of projects. Similarly, under GST, home buyers were deprived of the benefits of Input Tax Credit.

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2018: A Year Of Reckoning For Real Estate Sector

Petrol Prices Fall To Lowest Level In 2018, Diesel Rates At 9-Month Low

Petrol prices on Sunday were reduced by 22 paise per litre to its lowest level in 2018 across the four metros. Diesel rates were cut by 23 paise to a nine-month low. Diesel rates are at their lowest...

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Petrol Prices Fall To Lowest Level In 2018, Diesel Rates At 9-Month Low

2018: A Year In Which Fluctuating Fuel Prices Defined Oil And Gas Sector

Petrol and diesel have declined by nearly 15 per cent each from the record high levels they had reached in October.

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2018: A Year In Which Fluctuating Fuel Prices Defined Oil And Gas Sector

Petrol and diesel have declined by nearly 15 per cent each from the record high levels they had reached in October.

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Macro Data, Q3 Results To Guide Markets Next Week: Experts

Last week, global relief rally following the resolution of a standoff between US President Donald Trump and Federal Reserve Chairman Jerome Powell lifted the equity markets.

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Macro Data, Q3 Results To Guide Markets Next Week: Experts

Saturday, December 29, 2018

SBI Zero Balance Account Rule, Interest Rates, Other Details

SBI Zero Balance account: SBI's BSBD account can be opened singly, jointly, or with either or survivor, former or survivor, anyone or survivor etc. facility.

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SBI Zero Balance Account Rule, Interest Rates, Other Details

Rangarajan Raises Five Major Economic Concerns Of The Year

Rangarajan said reforms were not an end in themselves and that even growth was not an end in itself.

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Rangarajan Raises Five Major Economic Concerns Of The Year

Rangarajan said reforms were not an end in themselves and that even growth was not an end in itself.

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Government To Infuse 10,086 Crore Rupees Into Bank Of India

The bank informed the BSE in a regulatory filing on Saturday that the capital infusion in its equity will be done by way of preferential allotment.

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Government To Infuse 10,086 Crore Rupees Into Bank Of India

Instant Money Transfer: Charges Levied By Banks For IMPS

The maximum amount that can be transferred via IMPS is Rs 2 lakh. This facility is available only via internet banking.

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Instant Money Transfer: Charges Levied By Banks For IMPS

The maximum amount that can be transferred via IMPS is Rs 2 lakh. This facility is available only via internet banking.

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Gold Prices Edge Higher On Firm Global Trend

Globally, gold edged higher to $1280.68 an ounce and silver stood at $15.34 an ounce in New York.

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Gold Prices Edge Higher On Firm Global Trend

Globally, gold edged higher to $1280.68 an ounce and silver stood at $15.34 an ounce in New York.

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Bank FD Interest Rates For Regular, Senior Citizens Compared

Fixed Deposit interest rates: Interest rates on fixed deposits vary according to separate maturity baskets across different banks.

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Bank FD Interest Rates For Regular, Senior Citizens Compared

Fixed Deposit interest rates: Interest rates on fixed deposits vary according to separate maturity baskets across different banks.

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Petrol Prices Touch New Low In 2018: 5 Things To Know

Currently, petrol and diesel prices are reviewed by state-run oil marketing companies every day, based on the international fuel prices and the value of the rupee.

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Petrol Prices Touch New Low In 2018: 5 Things To Know

New Section Of Delhi Metro's Pink Line To Open On Monday: 5 Points

The DMRC started its first ever operations in 2002 and currently its network span 317 km with 231 stations.

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New Section Of Delhi Metro's Pink Line To Open On Monday: 5 Points

The DMRC started its first ever operations in 2002 and currently its network span 317 km with 231 stations.

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Friday, December 28, 2018

Bad Loans Hit Bank's Profitability In 2018: RBI

The consolidated balance sheet of NBFCs expanded in 2017-18 and during the first-half of 2018-19, the RBI said.

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Bad Loans Hit Bank's Profitability In 2018: RBI

The consolidated balance sheet of NBFCs expanded in 2017-18 and during the first-half of 2018-19, the RBI said.

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SBI Flexi Deposit Scheme: How It Works, Tenure And Other Details

SBI or State Bank of India, the country's largest lender, offers Flexi Deposit Scheme for customers. This product is similar to a recurring deposit but instead of a single fixed instalment every...

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SBI Flexi Deposit Scheme: How It Works, Tenure And Other Details

Centre Takes Action On More Than 6,000 Bank Officials Over Bad Loans

The 19 nationalised banks, including PNB and Canara Bank, reported a net loss of Rs 21,388 crore in the first half of the fiscal. This compares with a combined loss Rs 6,861 crore in the similar...

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Centre Takes Action On More Than 6,000 Bank Officials Over Bad Loans

IDBI Bank Allots Shares Worth Rs 14,500 Crore To LIC

The move was part of the ongoing acquisition of a controlling stake in the bank by the insurance company.

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Rupee Moves Above 70-Mark Against Dollar

Analysts said a weak dollar overseas and oil supply glut concerns propped up the domestic currency.

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IDBI Bank Allots Shares Worth Rs 14,500 Crore To LIC

The move was part of the ongoing acquisition of a controlling stake in the bank by the insurance company.

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Rupee Moves Above 70-Mark Against Dollar

Analysts said a weak dollar overseas and oil supply glut concerns propped up the domestic currency.

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Government Doubles Export Incentives For Onion Farmers

The export incentive programme allows farmers to get a credit from the government, which can be used to pay various taxes.

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Government Doubles Export Incentives For Onion Farmers

The export incentive programme allows farmers to get a credit from the government, which can be used to pay various taxes.

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Gold Prices Rise By 170 Rupees On Firm Global Cues

In Delhi, gold of 99.9 per cent and 99.5 per cent purities rose by Rs 170 each to Rs 32,620 and Rs 32,470 per 10 grams, respectively.

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Gold Prices Rise By 170 Rupees On Firm Global Cues

In Delhi, gold of 99.9 per cent and 99.5 per cent purities rose by Rs 170 each to Rs 32,620 and Rs 32,470 per 10 grams, respectively.

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Bond Yields Spike After Report Of Farm Loan Waiver Package

The benchmark 10-year bond yield ended at 7.39 per cent, up 11 basis points on the day and 1 basis point below the day's high which was reached after the farm loan package news.

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Bond Yields Spike After Report Of Farm Loan Waiver Package

Flipkart Says New E-Commerce Rules To "Have Long-Term Implications"

The renewed policy also prevents the e-tail portals from directly and indirectly influencing the price of goods and services.

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Flipkart Says New E-Commerce Rules To "Have Long-Term Implications"

The renewed policy also prevents the e-tail portals from directly and indirectly influencing the price of goods and services.

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Jio's 'Happy New Year Offer': 100% Cashback Available On This Plan

The offer is available on recharges done via every channel- jio retailers and online.

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Jio's 'Happy New Year Offer': 100% Cashback Available On This Plan

The offer is available on recharges done via every channel- jio retailers and online.

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SAIL Wants To Sign ArcelorMittal Joint Venture Next Month

Higher input costs mean no scope for a cut in local steel prices, SAIL Chairman Anil Kumar Chaudhary said.

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SAIL Wants To Sign ArcelorMittal Joint Venture Next Month

Higher input costs mean no scope for a cut in local steel prices, SAIL Chairman Anil Kumar Chaudhary said.

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Cabinet Allows 7 State-Run Companies To Launch Public Offers

Giving details of the 7 PSU companies, Law Minister Ravi Shankar Prasad said the companies will raise funds via initial public offer (IPO) or follow-on public offer (FPO) routes.

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Cabinet Allows 7 State-Run Companies To Launch Public Offers

Sensex Closes 269 Points Higher, Nifty Settles At 10,859

Share markets on Friday: Sun Pharma, Bajaj Finance, Vedanta, Yes Bank, HDFC and ICICI Bankled the gains on Sensex.

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Sensex Closes 269 Points Higher, Nifty Settles At 10,859

Share markets on Friday: Sun Pharma, Bajaj Finance, Vedanta, Yes Bank, HDFC and ICICI Bankled the gains on Sensex.

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

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

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

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

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Government In Talks With US Over Steel Tariff Exemption

The government will also seek relief from Canada over quotas and tariffs next month, Binoy Kumar, secretary in the steel ministry, told reporters.

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Government In Talks With US Over Steel Tariff Exemption

The government will also seek relief from Canada over quotas and tariffs next month, Binoy Kumar, secretary in the steel ministry, told reporters.

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Railway Hikes Lower Berth Quota For Senior Citizens, Women Passengers

Ministry of Railways said that it has revised the quota to 13 seats for normal mail or express trains having single coach of the designated class.

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Railway Hikes Lower Berth Quota For Senior Citizens, Women Passengers

Ministry of Railways said that it has revised the quota to 13 seats for normal mail or express trains having single coach of the designated class.

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Thursday, December 27, 2018

Train 18 To Begin Operations In January 2019: Report

Train 18, which is set to replace the Shatabdi series, has the potential to at a speed between 160 kmph and 200 kmph. At trials, it breached the 180-kmph mark.

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Train 18 To Begin Operations In January 2019: Report

Rupee Gains By 30 Paise To 70.05 Against Dollar

The dollar index, which gauges the American currencies strength against a basket of six currencies, was down 0.23 per cent at 96.35.

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Rupee Gains By 30 Paise To 70.05 Against Dollar

The dollar index, which gauges the American currencies strength against a basket of six currencies, was down 0.23 per cent at 96.35.

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Sensex Surges Over 300 Points, Nifty Moves Above 10,850

Share markets on Friday: Top gainers on the 50-scrip index were United Phosphorus Ltd, Yes Bank, HDFC, Sun Pharma and Titan.

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Can't Allow High Air Fares During Festival Season: Parliamentary Panel

According to the Parliamentary panel's other recommendations, airline's cancellation charges should not be allowed to exceed 50 per cent of the basic fare.

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Sensex Surges Over 300 Points, Nifty Moves Above 10,850

Share markets on Friday: Top gainers on the 50-scrip index were United Phosphorus Ltd, Yes Bank, HDFC, Sun Pharma and Titan.

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Can't Allow High Air Fares During Festival Season: Parliamentary Panel

IndiGo Worst Performing Airline For Consumers: Parliamentary Panel

Air India has the best luggage policy and the other private airlines should also enhance the baggage limit, said TMC MP Derek O'Brien.

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IndiGo Worst Performing Airline For Consumers: Parliamentary Panel

Air India has the best luggage policy and the other private airlines should also enhance the baggage limit, said TMC MP Derek O'Brien.

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Post Office 15 Year Public Provident Fund Account: 10 Things To Know

Post Office 15-year Public Provident Fund Account: One can open an account with Rs 100 but needs to deposit a minimum of Rs 500 in a financial year.

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Post Office 15 Year Public Provident Fund Account: 10 Things To Know

Rupee Falls By 29 Paise To Close At 70.35 Against Dollar

At the Interbank Foreign Exchange, the rupee opened sharply lower at 70.27 a dollar against its previous close of 70.06.

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Rupee Falls By 29 Paise To Close At 70.35 Against Dollar

At the Interbank Foreign Exchange, the rupee opened sharply lower at 70.27 a dollar against its previous close of 70.06.

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Centre To Issue Draft E-Commerce Policy Soon: Report

The new e-commerce policy could entail provisions for a regulator in the sector dominated by US tech giant Amazon.com and homegrown Flipkart.

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Centre To Issue Draft E-Commerce Policy Soon: Report

The new e-commerce policy could entail provisions for a regulator in the sector dominated by US tech giant Amazon.com and homegrown Flipkart.

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GoAir Offers Flight Tickets From Rs 1,399 In New Flash Sale

GoAir's offer on international flight tickets come amid high competition in the country's civil aviation sector.

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GoAir Offers Flight Tickets From Rs 1,399 In New Flash Sale

GoAir's offer on international flight tickets come amid high competition in the country's civil aviation sector.

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April-November Fiscal Deficit Hits 115% Of Full-Year Target

The government is widely expected to miss its fiscal deficit target of 3.3 per cent of GDP (gross domestic product) in the current fiscal year, or announce spending cuts in the last quarter.

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Railways 2018: A Year In Which The Country Got Its First Local AC Train

The railways, in another first, is set to come up with an elliptical 40-km track between Jaipur and Phulera at an investment of around Rs 400 crore to conduct trials of its semi-high speed and high...

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April-November Fiscal Deficit Hits 115% Of Full-Year Target

Railways 2018: A Year In Which The Country Got Its First Local AC Train

Gold Prices Fall, Break 3-Day Rising Streak

In Delhi, gold of 99.9 per cent and 99.5 per cent purities lost Rs 50 each to Rs 32,450 and Rs 32,300 per 10 grams, respectively.

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Gold Prices Fall, Break 3-Day Rising Streak

In Delhi, gold of 99.9 per cent and 99.5 per cent purities lost Rs 50 each to Rs 32,450 and Rs 32,300 per 10 grams, respectively.

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Sensex, Nifty Close Higher For Second Straight Day

The Nifty IT index - comprising information technology stocks - ended 1.4 per cent higher on Thursday, after having shed 4.8 per cent over the past six consecutive sessions on appreciation in the...

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Sensex, Nifty Close Higher For Second Straight Day

Government Has Revival Plan For Air India, Says Jayant Sinha

Jayant Sinha told the Lok Sabha that government has prepared a revival plan for Air India which focuses on building a competitive and profitable airline group.

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Government Has Revival Plan For Air India, Says Jayant Sinha

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

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, 1961.

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

Wednesday, December 26, 2018

Tighter E-Commerce Rules From February 1 Likely To Hit Amazon, Flipkart

In a statement, the government said that the companies will be prevented from entering into exclusive agreements with sellers.

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Tighter E-Commerce Rules From February 1 Likely To Hit Amazon, Flipkart

In a statement, the government said that the companies will be prevented from entering into exclusive agreements with sellers.

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Rupee Slips 19 Paise To 70.25 Against Dollar

A higher opening of domestic equity market, however, capped the loss, traders were quoted as saying in a PTI report.

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Rupee Slips 19 Paise To 70.25 Against Dollar

A higher opening of domestic equity market, however, capped the loss, traders were quoted as saying in a PTI report.

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Sensex Rises Over 300 Points, Nifty Above 10,800

Share markets on Thursday: Top gainers on the 50-scrip index were Vedanta, IndiaBulls Housing Finance, Hindalco, Bajaj Finance and Sun Pharma.

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Sensex Rises Over 300 Points, Nifty Above 10,800

Share markets on Thursday: Top gainers on the 50-scrip index were Vedanta, IndiaBulls Housing Finance, Hindalco, Bajaj Finance and Sun Pharma.

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SpiceJet To Launch New Flights On These Routes

After the addition of the new flight, SpiceJet will operate 25 flights under the UDAN scheme.

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SpiceJet To Launch New Flights On These Routes

After the addition of the new flight, SpiceJet will operate 25 flights under the UDAN scheme.

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Bimal Jalan To Head RBI Panel On Economic Capital Framework

The panel will include Economic Affairs Secretary Subhash Chandra Garg and RBI deputy governor N S Vishwanathan.

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Bimal Jalan To Head RBI Panel On Economic Capital Framework

The panel will include Economic Affairs Secretary Subhash Chandra Garg and RBI deputy governor N S Vishwanathan.

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Rupee Closes Higher At 70.06 Against Dollar

The dollar strengthened against major global currencies in a restricted trade which also weighed on the domestic currency.

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Rupee Closes Higher At 70.06 Against Dollar

The dollar strengthened against major global currencies in a restricted trade which also weighed on the domestic currency.

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Government Announces Stricter Rules For E-Tailers From February 1

Cash back provided by the group companies of marketplace entity to buyers shall be fair and non-discriminatory, the ministry's notification said.

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Government Announces Stricter Rules For E-Tailers From February 1

Cash back provided by the group companies of marketplace entity to buyers shall be fair and non-discriminatory, the ministry's notification said.

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Gold Prices Move 400 Rupees Higher In Three Sessions

In the national capital, gold of 99.9 per cent and 99.5 per cent purities gained Rs 100 each to Rs 32,500 and Rs 32,350 per 10 grams, respectively.

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Gold Prices Move 400 Rupees Higher In Three Sessions

Sensex Closes 234 Points Higher As Markets Reverse Losses

Top advancers on the 50-scrip index included Adani Ports, Bharti Airtel, Bajaj Finserv, HDFC Bank and UltraTech Cement.

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Sensex Closes 234 Points Higher As Markets Reverse Losses

Top advancers on the 50-scrip index included Adani Ports, Bharti Airtel, Bajaj Finserv, HDFC Bank and UltraTech Cement.

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Tuesday, December 25, 2018

IL&FS Appoints Bijay Kumar As Deputy Managing Director

Infrastructure Leasing & Financial Services Ltd also appointed N Srinivasan as a non-executive director.

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IL&FS Appoints Bijay Kumar As Deputy Managing Director

Infrastructure Leasing & Financial Services Ltd also appointed N Srinivasan as a non-executive director.

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State-Owned Banks To Remain Closed Today: 10 Things To Know

Most branches of state-owned banks are shut on Wednesday on account of a nation-wide strike called by United Forum of Bank Unions (UFBU) against the proposed amalgamation of Vijaya Bank and Dena Bank...

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State-Owned Banks To Remain Closed Today: 10 Things To Know

Maruti Suzuki To Recall 5,900 Super Carry Vehicles

Maruti Suzuki India said it would inspect the likely defect in its Super Carry vehicles manufactured between April 26 and August 1.

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Maruti Suzuki To Recall 5,900 Super Carry Vehicles

Maruti Suzuki India said it would inspect the likely defect in its Super Carry vehicles manufactured between April 26 and August 1.

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Rupee Rises By 19 Paise Against US Dollar

INR Vs USD: On Monday, the rupee had recovered 4 paise to close at 70.14 against the American currency.

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Rupee Rises By 19 Paise Against US Dollar

INR Vs USD: On Monday, the rupee had recovered 4 paise to close at 70.14 against the American currency.

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Sensex Sheds Over 250 points, Nifty Below 10,600

Share markets on Wednesday: Heavyweights Infosys, TCS and Hindustan Unilever contributed the most to the losses on the Sensex.

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Sensex Sheds Over 250 points, Nifty Below 10,600

Share markets on Wednesday: Heavyweights Infosys, TCS and Hindustan Unilever contributed the most to the losses on the Sensex.

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Recurring Deposit Interest Rates Offered By Top Banks Compared Here

On maturity, the depositor is paid a lump-sum amount which includes the periodic investments and the interest income earned on them. Recurring deposit interest rates, once determined, do not change...

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Recurring Deposit Interest Rates Offered By Top Banks Compared Here

Vedanta To Set Up 4.5-Million Tonne Steel Plant In Jharkhand

Vedanta would initially invest about $300 million to augment capacity of Electrosteel Steels Ltd to 2.5 MT from the existing 1.5 MT.

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Vedanta To Set Up 4.5-Million Tonne Steel Plant In Jharkhand

Vedanta would initially invest about $300 million to augment capacity of Electrosteel Steels Ltd to 2.5 MT from the existing 1.5 MT.

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Banking services to be affected On Wednesday As PSU lenders To Strike

The bank strike is against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda.

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Banking services to be affected On Wednesday As PSU lenders To Strike

The bank strike is against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda.

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Inheritance Tax Led To Huge Endowments To Hospitals In West: Arun Jaitley

Inheritance tax is levied on the wealth inherited by the legal heirs of a dead person. Also known as estate tax, it is levied by governments of most western countries, including the US and the UK.

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Inheritance Tax Led To Huge Endowments To Hospitals In West: Arun Jaitley

Gold Prices Rise For Second Straight Session

In Delhi, gold of 99.9 per cent and 99.5 per cent purity added Rs 125 each at Rs 32,400 and Rs 32,250 per 10 gram, respectively.

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Gold Prices Rise For Second Straight Session

In Delhi, gold of 99.9 per cent and 99.5 per cent purity added Rs 125 each at Rs 32,400 and Rs 32,250 per 10 gram, respectively.

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GoAir Launches Additional Flights To Phuket

Last week, GoAir has announced return flight tickets starting at Rs. 13,899 on select international routes in a limited-period offer.

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GoAir Launches Additional Flights To Phuket

Last week, GoAir has announced return flight tickets starting at Rs. 13,899 on select international routes in a limited-period offer.

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Stock, Forex Markets Remain Shut On Tuesday

Monday's session was marked with high volatility wherein the benchmark indices reversed direction on multiple occasions.

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Stock, Forex Markets Remain Shut On Tuesday

Monday's session was marked with high volatility wherein the benchmark indices reversed direction on multiple occasions.

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These Start-Ups Made It To Unicorn List In 2018

The investment in the native start-ups rose by a phenomenal 108 per cent annually to $4.2 billion in nine months (January-September) from $2 billion in the same period of 2017.

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These Start-Ups Made It To Unicorn List In 2018

Monday, December 24, 2018

RBI To Issue New 20 Rupee Note Soon

The RBI has already issued new currency notes in denominations of Rs 10, Rs 50, Rs 100 and Rs 500, besides introducing Rs 200 and Rs 2,000 bank notes.

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RBI To Issue New 20 Rupee Note Soon

Petrol Prices Hit 2018 Lows, Diesel Rates At Lowest Since March

Petrol prices were reduced by seven paise per litre in the four metros on Tuesday, while diesel prices were kept unchanged compared to the fuel rates on Monday. The new petrol and diesel prices are...

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Petrol Prices Hit 2018 Lows, Diesel Rates At Lowest Since March

Crude Oil Price Plunges 6% As Economic Slowdown Fears Grip Market

Brent crude futures settled down $3.35, or 6.2 per cent, at $50.47 a barrel. The market settled early ahead of the Christmas holiday. Prices extended losses in post-settlement trade.

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Crude Oil Price Plunges 6% As Economic Slowdown Fears Grip Market

Fixed Deposit Interest Rates Offered By Top Lenders

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

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Fixed Deposit Interest Rates Offered By Top Lenders

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

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via

Petrol Prices Fall Below Rs 70 In Delhi, Lowest In 2018

The previous low of petrol price in the national capital for 2018 was Rs 69.97 recorded on January 4.

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Petrol Prices Fall Below Rs 70 In Delhi, Lowest In 2018

The previous low of petrol price in the national capital for 2018 was Rs 69.97 recorded on January 4.

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Rupee Closes At 70.14 Against Dollar

The rupee opened strong by 8 paise against the US dollar at 70.10 in early trade on dollar selling by exporters and banks.

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Rupee Closes At 70.14 Against Dollar

The rupee opened strong by 8 paise against the US dollar at 70.10 in early trade on dollar selling by exporters and banks.

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Petrol, Diesel Prices Cut For Fourth Straight Day. Check Rates Here

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

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Petrol, Diesel Prices Cut For Fourth Straight Day. Check Rates Here

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

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Banks To Remain Closed On Tuesday, Wednesday

Bank employees have called a strike on Wednesday, December 26, a day after the December 25 holiday for Christmas. With the failure of conciliation talks, about 10 lakh bankers in private and...

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Banks To Remain Closed On Tuesday, Wednesday

Gold Prices Rise By 175 Rupees On Global Cues

In the national capital, gold of 99.9 per cent and 99.5 per cent purities added Rs 175 each at Rs 32,275 and Rs 32,125 per 10 grams, respectively.

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Gold Prices Rise By 175 Rupees On Global Cues

In the national capital, gold of 99.9 per cent and 99.5 per cent purities added Rs 175 each at Rs 32,275 and Rs 32,125 per 10 grams, respectively.

from NDTV Profit - Latest http://bit.ly/2Q04LaW
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Max India To Sell Stake In Subsidiary To Radiant, KKR

The deal includes Radiant Life's purchase of a 49.7 per cent stake in Max Healthcare.

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Max India To Sell Stake In Subsidiary To Radiant, KKR

The deal includes Radiant Life's purchase of a 49.7 per cent stake in Max Healthcare.

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Sensex Closes 271 Points Lower, Nifty Gives Up 10,700

Top laggards on the Nifty50 were JSW Steel, Hero MotoCorp, Indian Oil Corporation and Bajaj Auto, closing with losses between 5.16% and 2.86%.

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Sensex Closes 271 Points Lower, Nifty Gives Up 10,700

Top laggards on the Nifty50 were JSW Steel, Hero MotoCorp, Indian Oil Corporation and Bajaj Auto, closing with losses between 5.16% and 2.86%.

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"Canada's Warren Buffett" Drives His Own Pickup Truck

Jim Pattison is often dubbed Canada's Warren Buffett-a trope that underscores how relatively unknown he remains outside Canada despite a conglomerate that operates in 85 countries across a dizzying...

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"Canada's Warren Buffett" Drives His Own Pickup Truck

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

Jet Airways discount offer: For travel in premiere section on flights within the country, one needs to purchase the tickets a minimum of 8 days prior to departure for travel on or after January 1,...

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

GST Roadmap To Be To Work Towards A Single Rate For 12-18%: Arun Jaitley

Finance Minister Arun Jaitley said the country should look towards having slabs of zero, five per cent and a standard rate for luxury and sin goods (alcohol, drugs, cigarettes, etc.).

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GST Roadmap To Be To Work Towards A Single Rate For 12-18%: Arun Jaitley

Sunday, December 23, 2018

"More Than Just A Building": Kalpataru On Upcoming Project Vista

Kalpataru launches a first of its kind living experience in the heart of Noida, with tastefully crafted residences, for a life of luxury.

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"More Than Just A Building": Kalpataru On Upcoming Project Vista

Kalpataru launches a first of its kind living experience in the heart of Noida, with tastefully crafted residences, for a life of luxury.

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Rupee Edges Higher Against Dollar

On Friday, the rupee snapped its four-day rising streak by falling 48 paise to close at 70.18 against the US currency due to month-end dollar demand and sharp losses in domestic equities.

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Rupee Edges Higher Against Dollar

Sensex, Nifty Start Monday's Session On A Choppy Note

Domestic stock markets started the holiday-shortened week on a lacklustre note, amid a subdued trend in Asian peers on global growth concerns. Benchmark indices Sensex and Nifty opened higher but...

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Sensex, Nifty Start Monday's Session On A Choppy Note

After London Entry, Oyo Rooms Eyes Other European Markets

Formed in 2013, Oyo Rooms is already worth an estimated $5 billion after receiving funding from international venture capitalists. The app-based company, Oyo Rooms, has quickly become India's largest...

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After London Entry, Oyo Rooms Eyes Other European Markets

Gradual Reduction In GST Rates To Strengthen Tax Regime: Industry Body

With the latest rate cut announcement, only 28 items including cement, luxury and 'sin' goods remain in the highest tax bracket of 28 per cent.

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Gradual Reduction In GST Rates To Strengthen Tax Regime: Industry Body

With the latest rate cut announcement, only 28 items including cement, luxury and 'sin' goods remain in the highest tax bracket of 28 per cent.

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SBI Fund Transfer Service: Charge Levied For IMPS, NEFT, RTGS Transactions

Wire transfer or instant money transfer refers to a service provided by a bank wherein the user can transfer funds, or money, from one account to another through computer-based systems.

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SBI Fund Transfer Service: Charge Levied For IMPS, NEFT, RTGS Transactions

Petrol Prices Drop By 20 Paise Across Metros

As per the country's dynamic pricing mechanism, domestic fuel prices depend upon international fuel prices on a 15-day average and value of the rupee.

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Petrol Prices Drop By 20 Paise Across Metros

ATM Rules: Charges Levied By Banks For Transactions And Other Services

The customers are charged for transactions at ATMs over and above the mandated numbers of free transactions, as directed by Reserve Bank of India (RBI).

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ATM Rules: Charges Levied By Banks For Transactions And Other Services

SpiceJet Announces New Flights: Routes, Schedule, Other Details

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

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SpiceJet Announces New Flights: Routes, Schedule, Other Details

Saturday, December 22, 2018

Global Cues, Derivatives Expiry To Guide Market Next Week: Experts

On technical charts, the short term trend of the National Stock Exchange's (NSE) Nifty50 has turned negative after the sharp correction that was witnessed last Friday.

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Global Cues, Derivatives Expiry To Guide Market Next Week: Experts

Partial US Government Shutdown Likely To Drag On Past Christmas

The political turmoil added to fears about the economy that are plaguing investor sentiment, helping fuel continued heavy losses in the stock market on Friday.

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Partial US Government Shutdown Likely To Drag On Past Christmas

Gold Prices Drop By 130 Rupees On Tepid Demand

Globally, gold traded lower by 0.33 per cent at $1,256.20 an ounce and silver slipped 1.02 per cent to $14.69 an ounce in New York.

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Gold Prices Drop By 130 Rupees On Tepid Demand

Globally, gold traded lower by 0.33 per cent at $1,256.20 an ounce and silver slipped 1.02 per cent to $14.69 an ounce in New York.

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Government To Meet 2018-19 Fiscal Deficit Target: Arun Jaitley

The GST Council, headed by the finance minister, in its 31st meeting on Saturday decided to cut rates on 23 commonly used goods and services, which will lead to an annual revenue loss of Rs 5,500...

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Government To Meet 2018-19 Fiscal Deficit Target: Arun Jaitley

These Items Likely To Get Cheaper On Reduced GST Rates: A List

The GST council, headed by finance minister Arun Jaitley, agreed to lower the tax on some goods including televisions, batteries and movie tickets.

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These Items Likely To Get Cheaper On Reduced GST Rates: A List

33 Items Moved From 18% GST Slab To 12%, 5%

GST, the government's biggest tax reform, sets rates from 28 per cent to 5 per cent on most items, replacing an array of central and state duties.

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33 Items Moved From 18% GST Slab To 12%, 5%

GST, the government's biggest tax reform, sets rates from 28 per cent to 5 per cent on most items, replacing an array of central and state duties.

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Fixed Deposit (FD) Interest Rates Of SBI, ICICI Bank, HDFC Bank, Yes Bank

Fixed deposit interest rates are subject to change from time to time. The interest income earned on bank fixed deposits is fully taxable.

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Fixed Deposit (FD) Interest Rates Of SBI, ICICI Bank, HDFC Bank, Yes Bank

Fixed deposit interest rates are subject to change from time to time. The interest income earned on bank fixed deposits is fully taxable.

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Friday, December 21, 2018

SBI's Gold Deposit Scheme: How It Works, Interest Rates, Other Details

Customers need to deposit a minimum of 30 grams (gross) of gold to avail the scheme. However, there is no upper limit for deposit, said SBI.

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SBI's Gold Deposit Scheme: How It Works, Interest Rates, Other Details

Customers need to deposit a minimum of 30 grams (gross) of gold to avail the scheme. However, there is no upper limit for deposit, said SBI.

from NDTV Profit - Latest http://bit.ly/2rQUHap
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Third Straight Rout End Worst Weak For Dow, Nasdaq Since 2008 Crisis

The Dow Jones Industrial Average finished the week with a loss of nearly 7%, after losing 1.8% or more than 400 points Friday, to close at 22,445.37.

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Dow, Nasdaq End Worst Week Since 2008 Financial Crisis

Post Office Saving Schemes That Offer Income Tax Benefits

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

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Post Office Saving Schemes That Offer Income Tax Benefits

Opinion: After Big Exit, The Assault On RBI's Autonomy Is Just Starting

Their first move, unveiled Thursday, is an innocuous - even laudable - infusion of 410 billion rupees ($5.9 billion) into troubled state-run lenders, bumping up this fiscal year's outlay for bank...

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Opinion: After Big Exit, The Assault On RBI's Autonomy Is Just Starting

US Economic Growth Revised Down To 3.4% In July-September

The slowdown in growth is expected to spill over into 2019 as the fiscal stimulus fades and a bitter trade war with China and strong dollar undercut manufacturing.

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US Economic Growth Revised Down To 3.4% In July-September

Petrol Costs Rs 34 Per Litre Before Tax, Dealer Commission In Delhi

The government had cut the excise duty on fuel prices in October in order to tackle increasing prices of petrol and diesel.

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Petrol Costs Rs 34 Per Litre Before Tax, Dealer Commission In Delhi

The government had cut the excise duty on fuel prices in October in order to tackle increasing prices of petrol and diesel.

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Rupee Logs Weekly Gain Of 2.4% Against Dollar

Despite losses on Friday, the rupee gained 172 paise or 2.4 per cent on weekly basis amid a slide in crude oil prices which touched $53.26 per barrel.

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Rupee Logs Weekly Gain Of 2.4% Against Dollar

Gold Prices Rise For Second Straight Day

In Delhi, gold of 99.9 per cent and 99.5 per cent purities rose Rs 230 each to Rs 32,230 and Rs 32,080 per 10 grams, respectively.

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Gold Prices Rise For Second Straight Day

In Delhi, gold of 99.9 per cent and 99.5 per cent purities rose Rs 230 each to Rs 32,230 and Rs 32,080 per 10 grams, respectively.

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Sensex Sheds 689 Points To Close At 35,742, Nifty Settles At 10,754

Share markets on Friday: Prominent losers on the 50-scrip index were Indian Oil, UPL, Adani Ports, Maruti and India Bulls Housing Finance.

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Sensex Sheds 689 Points To Close At 35,742, Nifty Settles At 10,754

Share markets on Friday: Prominent losers on the 50-scrip index were Indian Oil, UPL, Adani Ports, Maruti and India Bulls Housing Finance.

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Centre Likely To Renew Demand For Extra Dividend From RBI: Report

RBI officials have in the past said that reserves are an important measure of the central bank's ability to withstand any major market volatility.

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AirAsia India Announces New Route, Tickets From 1,599 Rupees

AirAsia's flights on Mumbai-Bengaluru route will commence from January 15, 2019 and one needs to book flight tickets till January 6, 2019 to avail the discount offer.

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Centre Likely To Renew Demand For Extra Dividend From RBI: Report

RBI officials have in the past said that reserves are an important measure of the central bank's ability to withstand any major market volatility.

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AirAsia India Announces New Route, Tickets From 1,599 Rupees

Jio 1.5-5 GB Per Day Recharge Packs: Compare Plans Here

Jio recharge: Reliance Jio has 12 recharge packs in its prepaid portfolio under which it offers high-speed data ranging from 1.5 GBs to 5 GBs per day, among other benefits. Reliance Jio offers a total...

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Jio 1.5-5 GB Per Day Recharge Packs: Compare Plans Here

State-Owned Bank Officers' Union On Strike Today Over Wages, Mergers

Bank strike today: The strike, by the All India Bank Officers' Confederation (AIBOC), impacted trading volumes in foreign exchange and debt markets, said traders.

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State-Owned Bank Officers' Union On Strike Today Over Wages, Mergers

Thursday, December 20, 2018

Court Dismisses Appeal Against LIC Move To Acquire 51% Stake In IDBI

The association, in its appeal, told the bench that LIC's move to acquire a 51 per cent stake in he IDBI violated provisions of the Insurance Act.

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Court Dismisses Appeal Against LIC Move To Acquire 51% Stake In IDBI

The association, in its appeal, told the bench that LIC's move to acquire a 51 per cent stake in he IDBI violated provisions of the Insurance Act.

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IL&FS Initiates Process To Sell Two Units

IL&FS has invited Expression of Interest proposals for sale of stakes in IL&FS Education & Technology Services Limited, along with other subsidiaries.

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IL&FS Initiates Process To Sell Two Units

Rupee Loses 37 Paise Against Dollar Amid Foreign Fund Outflows

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

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Rupee Loses 37 Paise Against Dollar Amid Foreign Fund Outflows

Sensex Edges Lower, Nifty Below 10,950

Trading between 0.70 per cent and 4.02 per cent, Indian Oil Corporation, Infosys, Coal India, HDFC and Dr Reddy's Laboratories were the top Nifty50 losers.

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Sensex Edges Lower, Nifty Below 10,950

J&J Told To Stop Using Raw Material To Make Baby Powder In India: Report

The company said on Wednesday that drug authorities visited some of its facilities and took "tests and samples" of its talcum powder.

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J&J Told To Stop Using Raw Material To Make Baby Powder In India: Report

The company said on Wednesday that drug authorities visited some of its facilities and took "tests and samples" of its talcum powder.

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IRCTC Maharajas' Express Offers Up To 50% Discount On Tickets

Maharajas' Express has 23 carriages and runs on five circuits, covering destinations like Delhi, Agra, Jodhpur, Udaipur, Varanasi, Mysore among others

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IRCTC Maharajas' Express Offers Up To 50% Discount On Tickets

Government Seeks To Infuse Additional Rs 41,000 Crore In State-Run Banks

The funds will enhance the government's existing bank recapitalisation outlay from Rs 65,000 crore to Rs 1.06 lakh crore in the current financial year.

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RBI Governor Shaktikanta Das To Meet Private Sector Bankers Next Week

Shaktikanta Das, who had earlier served in the government as Economic Affairs Secretary, took charge at the Reserve Bank of India (RBI) last week.

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Government Seeks To Infuse Additional Rs 41,000 Crore In State-Run Banks

RBI Governor Shaktikanta Das To Meet Private Sector Bankers Next Week

Asia's Central Banks Seen Avoiding Rate Hikes In 2019

The Federal Reserve on Wednesday raised rates for the fourth time this year, as expected, but signalled a slower pace of hikes in 2019 than it previously projected.

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Asia's Central Banks Seen Avoiding Rate Hikes In 2019

Rupee Advances For Fourth Straight Day To Rise Above 70 Against Dollar

The rupee advanced by as much as 74 paise against the US currency during the session, but gave some of those gains to settle at 69.70 for the day. The rupee has appreciated by 220 paise, or 3.1 per...

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Rupee Advances For Fourth Straight Day To Rise Above 70 Against Dollar

Infosys Appoints Nilanjan Roy As Chief Financial Officer

Nilanjan Roy will take over charge from Jayesh Sanghrajka, who was appointed as interim finance head in November.

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Infosys Appoints Nilanjan Roy As Chief Financial Officer

Nilanjan Roy will take over charge from Jayesh Sanghrajka, who was appointed as interim finance head in November.

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Volatility In Indian Markets Lowest Among Major Peers: Sebi Chairman

The volatility in Indian equity market at 12 per cent is among the lowest compared to major developed and emerging markets..," the chairman said.

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Volatility In Indian Markets Lowest Among Major Peers: Sebi Chairman

The volatility in Indian equity market at 12 per cent is among the lowest compared to major developed and emerging markets..," the chairman said.

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Additional Rs 41,000 Crore To Be Infused In State-Run Banks: Arun Jaitley

Currently, 11 banks with high bad debts are under the PCA framework that prohibits them from further lending.

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Additional Rs 41,000 Crore To Be Infused In State-Run Banks: Arun Jaitley

Currently, 11 banks with high bad debts are under the PCA framework that prohibits them from further lending.

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Bad Loans Worth Rs 60,730 Crore Recovered In 6 Months

Financial Services Secretary said the government would give funds to four to five banks under a PCA plan after considering their financial results.

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Bad Loans Worth Rs 60,730 Crore Recovered In 6 Months

10 lakh Bankers To Strike On December 26 Against State-Run Bank Mergers

The bankers are protesting against the merger of Bank of Baroda, Dena Bank and Vijaya Bank.

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10 lakh Bankers To Strike On December 26 Against State-Run Bank Mergers

The bankers are protesting against the merger of Bank of Baroda, Dena Bank and Vijaya Bank.

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Markets End 7-Day Rally: Sensex Closes 52 Points Lower

Top laggards on the 50-scrip index were Grasim Industries, State Bank of India (SBI), Bharti Airtel, Wipro and Vedanta.

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Crude Oil Prices Near One-Year Low On Fears Of Oversupply, Falling Demand

Both major oil futures contracts rallied sharply on Wednesday but are now at or close to their lowest levels for over 14 months, more than 30 per cent below multi-year highs reached at the beginning...

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Markets End 7-Day Rally: Sensex Closes 52 Points Lower

Top laggards on the 50-scrip index were Grasim Industries, State Bank of India (SBI), Bharti Airtel, Wipro and Vedanta.

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Crude Oil Prices Near One-Year Low On Fears Of Oversupply, Falling Demand

Bengaluru-Based Swiggy Raises $1 Billion From Existing Investors

Swiggy said it will use the funds to bring more quality food brands closer to consumers and address gaps in supply through delivery-only kitchens.

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Bengaluru-Based Swiggy Raises $1 Billion From Existing Investors

Modi Government To Now Pump $330 Million Into Air India

Air India, which was offered along with $5 billion of its debt, is surviving on taxpayer bailouts after losing money for years.

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Gold Prices Return To 32,000 Rupees Level

Silver ready, however, traded lower by Rs 130 to Rs 37,750 per kg, while weekly-based delivery was down by Rs 175 to Rs 37,258 per kg.

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Modi Government To Now Pump $330 Million Into Air India

Air India, which was offered along with $5 billion of its debt, is surviving on taxpayer bailouts after losing money for years.

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Gold Prices Return To 32,000 Rupees Level

Silver ready, however, traded lower by Rs 130 to Rs 37,750 per kg, while weekly-based delivery was down by Rs 175 to Rs 37,258 per kg.

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Capital Infusion In PSU Banks To Be Raised To Over 1 Lakh Crores: Report

In 2017, the government had announced a plan for an infusion of Rs 2.11 lakh crore ($30.06 billion) in 20 state banks by March 2019 to meet global regulatory requirements.

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Capital Infusion In PSU Banks To Be Raised To Over 1 Lakh Crores: Report

LinkedIn Appoints Mahesh Narayanan As Country Manager For India

Mahesh Narayanan will assume his new responsibilities from January 7, 2019, said LinkedIn which has over 59 crore members globally and more than 5.3 crore members in India.

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LinkedIn Appoints Mahesh Narayanan As Country Manager For India

Wednesday, December 19, 2018

Government Seeks Parliament Nod For Extra 85,948 Crores Gross Spending

The extra spending is on top of the budgeted Rs 24.42 lakh crore ($347.20 billion) spending announced for the 2018-19 fiscal year in February.

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Government Seeks Parliament Nod For Extra 85,948 Crores Gross Spending

The extra spending is on top of the budgeted Rs 24.42 lakh crore ($347.20 billion) spending announced for the 2018-19 fiscal year in February.

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Brace For 5-Day Bank Holiday Ahead

Besides Sundays, banks at present observe public holidays on the second and fourth Saturdays each month since September, 2015.

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Brace For 5-Day Bank Holiday Ahead

Besides Sundays, banks at present observe public holidays on the second and fourth Saturdays each month since September, 2015.

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JioPhone 2 Flash Sale Opens Today, Details Here

JioPhone 2 will be available at Rs. 2,999 under the flash sale, said Reliance Jio. JioPhone 2 is an upgraded version of Reliance Jio's existing feature phone called JioPhone. Reliance Jio has launched...

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JioPhone 2 Flash Sale Opens Today, Details Here

Rupee Slips 24 Paise After US Federal Reserve Raises Interest Rates

The 10-year benchmark bond yield eased to 7.24 per cent from previous close of 7.22 per cent.

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Rupee Slips 24 Paise After US Federal Reserve Raises Interest Rates

The 10-year benchmark bond yield eased to 7.24 per cent from previous close of 7.22 per cent.

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Sensex Drops Over 150 Points, Nifty Below 10,900

Share markets on Thursday: Trading between 1.44per cent and 2.27 per cent lower, Hindalco, Vedanta, Infratel, Bharti Airtel and GAILwere the top five Nifty laggards.

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Sensex Drops Over 150 Points, Nifty Below 10,900

After Largely Painful 2018, Rupee May Be Top Performer In 2019: Experts

The rupee jumped 2.1 per cent over Monday and Tuesday, its biggest two-day gain since September 2013, before ending little changed on Wednesday.

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After Largely Painful 2018, Rupee May Be Top Performer In 2019: Experts

The rupee jumped 2.1 per cent over Monday and Tuesday, its biggest two-day gain since September 2013, before ending little changed on Wednesday.

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US Federal Reserve Hikes Interest Rates For Fourth Time This Year

Wednesday's rate increase, the fourth of the year, pushed the central bank's key overnight lending rate to a range of 2.25 per cent to 2.50 per cent.

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US Federal Reserve Hikes Interest Rates For Fourth Time This Year

SBI Annuity Deposit Scheme: Rate Of Interest And Other Details

A term of 36 months, 60 months, 84 months or 120 months (3 years, 5 years, 7 years or 10 years) is available for SBI's annuity deposit account scheme.

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SBI Annuity Deposit Scheme: Rate Of Interest And Other Details

Minimum Balance Rules: Here's How Much Banks Charge For Non-Compliance

Leading lenders of the country have fixed their monthly average balance (MAB) requirements according to the location of a customer's account.

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Minimum Balance Rules: Here's How Much Banks Charge For Non-Compliance

Leading lenders of the country have fixed their monthly average balance (MAB) requirements according to the location of a customer's account.

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Air Conditioners, Refrigerators, Video Games Likely To Get Cheaper

GST, the government's biggest tax reform, sets rates from 28 per cent to 5 per cent on most items, replacing an array of central and state duties. With an aim to simplify the indirect tax regime, the...

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Air Conditioners, Refrigerators, Video Games Likely To Get Cheaper

Finance Ministry Likely To Seek Capital For State-Run Banks

The proposal will be part of the overall supplementary demand for grants to be laid before parliament, Economic Affairs Secretary Subhash Chandra Garg said.

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Finance Ministry Likely To Seek Capital For State-Run Banks

Rupee Moves Higher Against Dollar For Third Straight Session

The rupee on Tuesday had rallied by a whopping 112 paise, its best single-day gains in over five years, to settle at 70.44 against the US dollar.

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Fixed Deposit Interest Rates: Returns Offered By Small Finance Banks

Small finance banks (SFBs) offer higher interest rates on FDs as compared to the mainstream peers.

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Rupee Moves Higher Against Dollar For Third Straight Session

The rupee on Tuesday had rallied by a whopping 112 paise, its best single-day gains in over five years, to settle at 70.44 against the US dollar.

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Fixed Deposit Interest Rates: Returns Offered By Small Finance Banks

Small finance banks (SFBs) offer higher interest rates on FDs as compared to the mainstream peers.

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One Policymaker Called For Change In Stance In RBI's December Review

November headline inflation fell to its lowest in 17 months, to 2.33 per cent, well below the RBI's medium-term target of 4 per cent.

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One Policymaker Called For Change In Stance In RBI's December Review

November headline inflation fell to its lowest in 17 months, to 2.33 per cent, well below the RBI's medium-term target of 4 per cent.

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GoAir Offers Return International Flights From 13,899 Rupees

The booking period for GoAir's offer is valid till Decembe 31, 2018 and passengers need to travel between December 22, 2018 and March 31, 2019.

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GoAir Offers Return International Flights From 13,899 Rupees

The booking period for GoAir's offer is valid till Decembe 31, 2018 and passengers need to travel between December 22, 2018 and March 31, 2019.

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ONGC Board To Consider Listing Overseas Unit On Domestic Bourses: Report

The move to float the unit is part of a government push to sell state assets to raise funds.

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Johnson & Johnson Says It Provided Powder Samples To Regulators

Johnson & Johnson added that the safety of its cosmetic talc was based on a long history of safe use and decades of research and clinical evidence.

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PM Modi Says 99% Goods To Be Taxed At Below 18% GST

GST, the government's biggest tax reform, sets rates from 28 per cent to 5 per cent on most items, replacing an array of central and state duties.

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ONGC Board To Consider Listing Overseas Unit On Domestic Bourses: Report

The move to float the unit is part of a government push to sell state assets to raise funds.

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Johnson & Johnson Says It Provided Powder Samples To Regulators

PM Modi Says 99% Goods To Be Taxed At Below 18% GST

Sensex, Nifty Close Positive For Seventh Day In A Row

Domestic stock markets surged as crude prices softened and the Reserve Bank of India (RBI) announced a hefty open market bond purchase for January.

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Sensex, Nifty Close Positive For Seventh Day In A Row

Gold Prices Lose Rs 210, Silver Rates Follow Suit: 5 Things To Know

Gold, Silver Prices: Slide in gold prices came due to easing demand from local jewellers and retailers in the domestic spot market, said marketmen.

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Gold Prices Lose Rs 210, Silver Rates Follow Suit: 5 Things To Know

Difficult To Meet Double-Digit Sales Growth Target: Maruti Suzuki

Maruti Suzuki's sales in November fell 0.7 per cent, while exports plunged over 19 per cent in the month.

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Difficult To Meet Double-Digit Sales Growth Target: Maruti Suzuki

Maruti Suzuki's sales in November fell 0.7 per cent, while exports plunged over 19 per cent in the month.

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GlaxoSmithKline To Split After Folding In Pfizer Consumer Unit

GSK and Pfizer would combine their consumer health businesses in a joint venture with sales of 9.8 billion pounds ($12.7 billion), 68 per cent-owned by the British company, in an all-equity...

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GlaxoSmithKline To Split After Folding In Pfizer Consumer Unit

US-Based Boeing Raises Forecast On Orders From Indian Airlines By 9.5%

Boeing expects India to become the third-largest commercial aviation market by the early 2020s. High oil prices, hefty fuel taxes and a weak rupee have hurt airlines' profitability this year, although...

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US-Based Boeing Raises Forecast On Orders From Indian Airlines By 9.5%

Tuesday, December 18, 2018

IndiGo Offers Flight Tickets From Rs 1,799 On These New Routes

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

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Drug Inspectors Seize Johnson & Johnson Baby Powder Samples: Report

J&J India did not have any immediate comment on the reports of sample seizures by the authorities. On Tuesday, the company said in a statement that the Reuters article, which was published on Friday,...

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IndiGo Offers Flight Tickets From Rs 1,799 On These New Routes

Drug Inspectors Seize Johnson & Johnson Baby Powder Samples: Report

Reliance Jio Prepaid Plans For JioPhone Compared Here

Reliance Jio - the provider of telecom services under brand Jio - offers a validity period of 28 days each to its prepaid subscribers in the three JioPhone prepaid plans (Rs 49, Rs 99 and Rs 153).

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Reliance Jio Prepaid Plans For JioPhone Compared Here

J&J Baby Powder To Be Tested For Use Of Cancer-Causing Substance: Reports

A team of 100 drug inspectors has been assigned to examine different manufacturing facilities, wholesalers and distributors, says report.

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J&J Baby Powder To Be Tested For Use Of Cancer-Causing Substance: Reports

A team of 100 drug inspectors has been assigned to examine different manufacturing facilities, wholesalers and distributors, says report.

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RBI To Infuse Rs 50,000 Crore Worth Of Liquidity In December

Additionally, the RBI said it will inject Rs 50,000 crore into the market by purchasing government securities in January 2019.

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India's Stocks Hostage to US Fed Rate Cycle, Says Mutual Fund Giant

While the U.S. central bank's influence on emerging assets is hardly an unknown phenomenon, India's $2 trillion stock market has also been whipsawed in recent months by homegrown narratives.

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RBI To Infuse Rs 50,000 Crore Worth Of Liquidity In December

Additionally, the RBI said it will inject Rs 50,000 crore into the market by purchasing government securities in January 2019.

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India's Stocks Hostage to US Fed Rate Cycle, Says Mutual Fund Giant

Rupee Surges By 50 Paise To Breach 70/Dollar Mark

Rupee Vs Dollar: Rupee continues its rising spree on persistent drop in crude prices amid fresh foreign fund inflows and sustained selling of American currency.

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Rupee Surges By 50 Paise To Breach 70/Dollar Mark

Sensex Gains Over 100 Points, Nifty Nears 10,950

Trading between 1.56-3.43 per cent higher, Indiabulls Housing Finance, Hindustan Petroleum, Asian Paints, Bharti Infratel and Bharat Petroleum were the top five Nifty gainers.

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Sensex Gains Over 100 Points, Nifty Nears 10,950

Softbank Mobile Unit Shares Fall 10% On Market Debut

Shares in Japanese telecoms giant SoftBank's mobile unit traded well below its IPO price on Wednesday in a disappointing debut on the Tokyo stock market despite raising a record amount.

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Softbank Mobile Unit Shares Fall 10% On Market Debut

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

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

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

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

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Changes In Insolvency Code May Be Needed: Arun Jaitley

Section 29A of the IBC bars wilful corporate defaulters and "connected person" from bidding for stressed assets (including own), which is under CIRP.

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Changes In Insolvency Code May Be Needed: Arun Jaitley

Post Office Saving Schemes: Fixed Deposit (FD) Vs Recurring Deposit (RD)

The rates of return on post office time deposit, also known as fixed deposit, vary according to the tenure of the account while the interest rate on recurring deposits is fixed at 7.3 per cent per...

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GST Evasion Of Rs 12,766 Crore Detected In April-November

The measures taken by the government to check GST evasion are intelligence-based enforcement, eWay bill squads, among others.

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Post Office Saving Schemes: Fixed Deposit (FD) Vs Recurring Deposit (RD)

GST Evasion Of Rs 12,766 Crore Detected In April-November

The measures taken by the government to check GST evasion are intelligence-based enforcement, eWay bill squads, among others.

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Rupee Logs Biggest Single-Day Jump In Over 5 Years To Rise Above 71 Mark

Sustained selling of the American currency by exporters and banks as well as the greenback's weakness against its key rivals globally ahead of the Federal Reserve's policy decision Wednesday also...

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Rupee Logs Biggest Single-Day Jump In Over 5 Years To Rise Above 71 Mark

How To Avail Free Amazon Prime Subscription With BSNL Plans

BSNL's offer is available on postpaid mobile plans of Rs 399 and above, and landline plans of Rs 745 and above, according to the telecom company's website - bsnl.co.in. US-based e-commerce major...

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IRCTC Offers Up To 50% Discount On Buddhist Circuit Tour Bookings

Buddhist Circuit Tourist Train travels through Bodh Gaya, Rajgir (Nalanda), Varanasi (Sarnath), Lumbini, Kushinagar, Sravasti and Agra.

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How To Avail Free Amazon Prime Subscription With BSNL Plans

IRCTC Offers Up To 50% Discount On Buddhist Circuit Tour Bookings

Buddhist Circuit Tourist Train travels through Bodh Gaya, Rajgir (Nalanda), Varanasi (Sarnath), Lumbini, Kushinagar, Sravasti and Agra.

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Sensex, Nifty Close Higher For Sixth Session In A Row: 5 Things To Know

Top advancers on the 50-scrip index were Sun Pharma, Bajaj Finance, JSW Steel, Vedanta and Mahindra & Mahindra.

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Sensex, Nifty Close Higher For Sixth Session In A Row: 5 Things To Know

Top advancers on the 50-scrip index were Sun Pharma, Bajaj Finance, JSW Steel, Vedanta and Mahindra & Mahindra.

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Gold Prices Rise After 2-Day Fall: 5 Things To Know

In Delhi, gold of 99.9 per cent 99.5 per cent purities traded higher by Rs 60 each at Rs 32,060 and Rs 31,910 per 10 gram, respectively.

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Gold Prices Rise After 2-Day Fall: 5 Things To Know

In Delhi, gold of 99.9 per cent 99.5 per cent purities traded higher by Rs 60 each at Rs 32,060 and Rs 31,910 per 10 gram, respectively.

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Rupee Jumps Above 71 Mark Against Dollar: 10 Things To Know

The rupee advanced by as much as 71 paise against the dollar on Tuesday. Weakness in the dollar overseas, ahead of the outcome of the US central bank's policy review, along with falling crude oil...

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IPO Pricing Should Be Done Carefully In Volatile Times: Sebi's Ajay Tyagi

Driven primarily by domestic investors, the broader NSE Nifty has gained 3.4%, while the benchmark BSE Sensex is up 6.5% so far this year.

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Rupee Jumps Above 71 Mark Against Dollar: 10 Things To Know

IPO Pricing Should Be Done Carefully In Volatile Times: Sebi's Ajay Tyagi

Driven primarily by domestic investors, the broader NSE Nifty has gained 3.4%, while the benchmark BSE Sensex is up 6.5% so far this year.

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Ola To Invest $100 Million In Scooter Sharing Start-Up Vogo

Vogo, which provides services in Bengaluru and Hyderabad, will use the money to expand its fleet by 1,00,000 scooters.

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Ola To Invest $100 Million In Scooter Sharing Start-Up Vogo

Vogo, which provides services in Bengaluru and Hyderabad, will use the money to expand its fleet by 1,00,000 scooters.

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Monday, December 17, 2018

One-Cent Gold Lures Customers As Sellers Seek To Boost Demand

Demand for gold is falling, partly as a result of government measures, higher local prices and the metal's fading appeal among more youthful customers. That's forcing jewelers to adapt online...

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One-Cent Gold Lures Customers As Sellers Seek To Boost Demand

How To Activate New State Bank Of India ATM Card Online

State Bank of India (SBI)'s internet banking subscribers can make use of a number of tools available online through the internet banking portal. In order to activate a new ATM card online, the SBI...

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How To Activate New State Bank Of India ATM Card Online

Rupee Gains 37 Paise As Crude Oil Prices Hit 14-Month Low

Rupee Vs Dollar: Rise in the rupee was also supported by dollar-selling by exporters and banks and the US unit's weakness against some currencies overseas ahead of US Federal Reserve Monetary policy...

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Rupee Gains 37 Paise As Crude Oil Prices Hit 14-Month Low

Government's Cash Problem Just Got More Bearable, Thanks to RBI Switch

Shaktikanta Das, a former bureaucrat picked by PM Modi to steer the RBI after Urjit Patel's exit, is open to hearing the government out on its concerns about the economy

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Government's Cash Problem Just Got More Bearable, Thanks to RBI Switch

Sensex Loses 185 Points, Nifty Below 10,850

Infosys, Zee Entertainment, Wipro, Indiabulls Housing Finance and Yes Bank were the top five Nifty50 losers.

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Sensex Loses 185 Points, Nifty Below 10,850

Infosys, Zee Entertainment, Wipro, Indiabulls Housing Finance and Yes Bank were the top five Nifty50 losers.

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Government Liabilities Rise By Rs 2.2 Lakh Crore In July-September

Public debt accounted for 89.3 per cent of total outstanding liabilities at end-September 2018 with the share of internal debt being 82.9 per cent.

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Government Liabilities Rise By Rs 2.2 Lakh Crore In July-September

Airtel, Vodafone Revise 199-Rupee Plans To Offer Additional Data

Under the Rs 199 prepaid plan, both the telecom companies, Bharti Airtel and Vodafone, are now offering 42 GBs of data for a period of 28 days.

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India Post Now Has An E-Commerce Portal: 5 Things To Know

India Post - which operates a network of more than 1.5 lakh post office in the country - will ship the products purchased through its e-commerce portal, ecom.indiapost.gov.in, through its Speed Post...

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Airtel, Vodafone Revise 199-Rupee Plans To Offer Additional Data

Under the Rs 199 prepaid plan, both the telecom companies, Bharti Airtel and Vodafone, are now offering 42 GBs of data for a period of 28 days.

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