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LPG Gas Rates: The amount of subsidy provided by the government varies from month to month
Non-subsidised LPG or cooking gas prices were increased with effect from December 1, 2019. That marked a fourth straight monthly hike in the prices. In Delhi and Mumbai, the hike was to the tune of Rs 13.5 and Rs 14 per cylinder respectively, according to Indi
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Read more: LPG Becomes More Expensive, Price Up Rs 120.5/Cylinder Since August
Write comment (99 Comments)Slump in vehicle sales affected the financial performance of auto component makers
The slump in vehicle sales adversely impacted the financial performance of India's auto component manufacturing industry during the period between April and September 2019, industry data showed on Friday.
According to data furnished by the Automotive
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Read more: Auto Component Industry's Turnover Falls Over 10% In April-September
Write comment (90 Comments)Yes Bank tumbled 9% after Moody's downgraded its long term foreign currency issuer rating.
The S-P BSE Sensex and NSE Nifty 50 indices suffered sharp losses on Friday led by losses in HDFC, State Bank of India, ITC, ICICI Bank, Axis Bank and IndusInd Bank. The benchmarks extended declines in afternoon deals deals as a selloff across sectors
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Read more: Sensex Drops Over 500 Points From Day's High Amid Broad-Based Selloff
Write comment (93 Comments)Axis Bank FD Rate: Axis Bank pays a 7.05% interest to senior citizens on a fixed deposit of one year
Axis Bank pays interest rates to the tune of 3.50-7.35 per cent to customers on fixed deposits up to Rs 2 crore. These fixed deposits, also known as retail term deposits, are available in a total 29 maturity options ranging from seven days to 10
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Read more: Axis Bank Pays 7.05% Interest To Senior Citizens On 1-Year FD. Read More
Write comment (99 Comments)India's forex reserves comprise FCAs, gold reserves, SDRs and reserve position with IMF
The country's foreign exchange reserves rose by $2.48 billion during the week ended November 29, official data showed on Friday.
According to the Reserve Bank of India's weekly statistical supplement, the overall forex reserves increased to $451.08
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Read more: India's Forex Reserves Rise To Over $451 Billion
Write comment (93 Comments)IRCTC Tatkal booking: Under Tatkal ticket booking only 4 passengers can be booked on one PNR.
IRCTC Tatkal Booking: Indian Railways, which operates one of the world's largest railway networks in the country, also offers train tickets for travel on an urgent basis on its network by charging a premium to normal fares. IRCTC Tatkal train tickets can
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Read more: Tatkal Ticket Booking Rules, Timings, Charges And Other Details Here
Write comment (97 Comments)SBI FD Rate: SBI pays a 6.75% interest to senior citizens on a fixed deposit of one year
State Bank of India (SBI) pays interest rates to the tune of 4.5-6.75 per cent to customers on fixed deposits up to Rs 2 crore. These fixed deposits, also known as retail term deposits, are available in eight maturity options ranging from seven days to 10 years
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Read more: SBI Pays 6.75% Interest To Senior Citizens On 1-Year FD, Details Here
Write comment (93 Comments)"The system will be available on all days of the year, including holidays," RBI said
The Reserve Bank of India announced on Friday that it has decided to make the National Electronic Funds Transfer (NEFT) system available on a round-the-clock basis from December 16.
The facility is used to electronically transfer funds of banks which are
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Read more: RBI To Make NEFT System Available 24x7 From December 16
Write comment (97 Comments)Kumar Mangalam Birla said Vodafone Idea will have to opt for insolvency route in the absence of relief.
Vodafone Idea, India's third largest mobile service provider, will shut down if the government does not provide relief on the liability it faces in past statutory dues following a Supreme Court order, its billionaire chairman Kumar Mangalam Birla
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Read more: Vodafone Idea To Close If No Relief From Government: Kumar Mangalam Birla
Write comment (96 Comments)Kotak Bank FD Rate: Kotak Bank pays a 6.8% interest to senior citizens on a fixed deposit of one year
Kotak Mahindra Bank pays interest rates to the tune of 3.50-6.80 per cent to customers on fixed deposits up to Rs 2 crore. These fixed deposits, also known as retail term deposits, are available in 20 maturity options ranging from seven days to 10
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Read more: Kotak Bank Pays 6.8% Interest To Senior Citizens On 1-Year FD. Read More
Write comment (98 Comments)The Indian rupee appreciated 9 paise to close at 71.20 against the US dollar on Friday, a day after the RBI kept key policy rate unchanged and decided to continue with its accommodative stance to support the economy.
Investor sentiments strengthened after the Reserve Bank of India signalled to continue with accommodative stance, while
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Read more: Rupee Settles 9 Paise Up At 71.20 Against US Dollar
Write comment (94 Comments)Jio New Recharge Plan: In the "affordable" category, Jio now offers three plans priced from Rs 129
Reliance Jio is set to roll out its new "all-in-one" plans from today. In a statement this week, Reliance Jio said it will provide up to 300 per cent additional benefits in eleven plans priced from Rs 129 to Rs 2,199. These Jio plans will go live on
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Read more: Jio Launches New "All-In-One- Plans", Offers 300% More Benefits
Write comment (99 Comments)ICICI Bank FD Rate: ICICI Bank pays a 6.85% interest to senior citizens on a fixed deposit of one year
ICICI Bank pays interest rates to the tune of 4-7.10 per cent to customers on fixed deposits up to Rs 2 crore. These fixed deposits, also known as retail term deposits, are available in a total 16 maturity options ranging from seven days to 10
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Read more: ICICI Bank Pays 6.85% Interest To Senior Citizens On 1-Year FD. Read More
Write comment (91 Comments)A minimum of Rs 500 can be deposited in a PPF account, according to SBI.
Public Provident Fund or PPF account, a retirement planning-focused instrument, is offered by various institutions such as commercial lenders State Bank of India (SBI). The PPF scheme, which was introduced by the National Savings Organization in 1968 to mobilize small savings,
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Read more: Key Things To Know About SBI Public Provident Fund (PPF) Scheme
Write comment (94 Comments)BSE Sensex today: HDFC, SBI and ITC were the top drags on Sensex.
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Read more: Sensex Slumps Over 350 Points From Day's High: 10 Things To Know
Write comment (100 Comments)HDFC Bank FD Rate: Axis Bank pays a 6.8% interest to senior citizens on a fixed deposit of one year
HDFC Bank pays interest rates to the tune of 3.50-6.90 per cent to customers on fixed deposits up to Rs 2 crore. These fixed deposits, also known as retail term deposits, are available in 13 maturity options ranging from seven days to 10 years at the
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Read more: HDFC Bank Pays 6.8% Interest To Senior Citizens On 1-Year FD. Read More
Write comment (99 Comments)Jio new plans: Jio's 1.5 GB per day internet data packs start from Rs 199.
New Jio recharge plans: Reliance Jio Infocomm, which offers telecom services under the brand name Jio, has increased tariffs of its mobile offerings with effect from Friday. The new tariffs announced by Jio are 40 per cent higher than the previous prepaid recharge plans but
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Read more: Jio's New 1.5 GB/Day Data Plans: Prices, Validity, Other Benefits Here
Write comment (95 Comments)Gains in financial, metal and pharmaceutical shares pushed the markets higher
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Read more: Sensex Rises Over 100 Points, Nifty Touches 12,050 In Early Trade
Write comment (90 Comments)Centre has taken many measures in August and September to boost the economy, she said
Finance Minister Nirmala Sitharaman said on Saturday that the government is working on more steps, including rationalisation of personal income tax rates, to revive the sagging economy.
The GDP growth slowed down to more than six-year low of 4.5 per cent
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Read more: Government Mulls More Measures To Boost Economy: FM
Write comment (98 Comments)Fixed Deposit Rates: SBI and other major lenders offer a range of FD maturity options up to 10 years
State Bank of India (SBI), HDFC Bank, ICICI Bank, Kotak Mahindra Bank and Axis Bank today provide a range of maturity options for retail fixed deposits. Five of the country's largest banks by market value provide interest rates to the tune of
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Read more: India's Top Five Banks Offer These Interest Rates On Fixed Deposit (FD)
Write comment (97 Comments)Saudi Aramco pledged to pay $75 billion in dividends in 2020
Saudi Arabia's state oil company Aramco launched its initial stock offering (IPO) on Thursday, pricing at the high end of the target range and raising $25.6 billion, two sources told news agency AFP.
That sum raised by the oil giant surpasses the $25 billion raised by the Chinese
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Read more: Saudi Aramco Surpasses Alibaba To Raise $25.6 Billion In IPO: Report
Write comment (91 Comments)There is no structured system of engagement with the venture capitalists at present
Department for Promotion of Industry and Internal Trade (DPIIT) will set up two high powered panels to look into the issues raised by the startup industry and venture capitalists for their quick redressal, Guru Prasad Mohapatra, secretary of DPIIT, said on
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Read more: Centre To Set Up Panels To Sort Out Startups Issues: DPIIT Secretary
Write comment (91 Comments)Yes Bank tumbled 10.5% after Moody's downgraded its long term foreign currency issuer rating.
The S-P BSE Sensex and NSE Nifty 50 indexes fell for second straight session on the back of a broad-based selloff. In the first half of the session, benchmarks traded in a choppy manner and extended declines in noon deals after selling in banking and
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Read more: Sensex Ends Over 300 Points Lower As Markets Fall For Second Straight Day
Write comment (96 Comments)Apart from the Rs 15,000 crore to FD holders, the DHFL owes another Rs 38,000 crore to various banks.
In a major development, the RBI-appointed Administrator for the beleaguered Dewan Housing Finance Ltd (DHFL) on Thursday asked all its fixed deposit and non-convertible debenture holders to file their claims before December 17.
The move
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Read more: Dewan Housing Insolvency Process Starts, Investors' Claims Sought
Write comment (98 Comments)Foreign pensions funds do not attract enough interest rates in their respective countries
The Government will start inter-ministerial discussions to explore if small parts of pension and insurance funds could be allowed to invest in startups in India, Guru Prasad Mohapatra, secretary, Department for Promotion of Industry and Internal Trade
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Read more: Government to Examine Pension Fund Investment In Startups:DPIIT Secretary
Write comment (91 Comments)Earlier in the week, Maruti announced to increase the prices of its vehicles from January 2020
Maruti Suzuki on Friday announced to recall 63,493 units of 'petrol smart hybrid' variants of Ciaz, Ertiga and XL6 models due to a likely issue with their motor generator units (MGU).
In a regulatory filing, the company said: "A possible defect
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Read more: Maruti Suzuki Recalls 63,493 Units Of Ciaz, Ertiga, XL6
Write comment (96 Comments)State Bank of India (SBI), the country's largest lender, on Thursday said it is witnessing a lack of demand for corporate loans, a category where growth is also "muted". Retail lending, however, is growing at a decent rate,the bank said.
"Corporate lending growth is at 2-3 per cent. Clearly, there is a lack of demand for corporate loans.
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Read more: Corporate Lending Witnessing Lack Of Demand: SBI
Write comment (97 Comments)People with suggestions can approach GST offices across the country and give their suggestions
Finance Minister Nirmala Sitharaman has invited suggestions on simplifying of return filing process under the Goods and Services Tax (GST) regime as the central and state GST authorities have organised a nationwide 'GST Stakeholder Feedback
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Read more: Nirmala Sitharaman Invites Suggestions On 'GST Feedback Diwas'
Write comment (97 Comments)Saudi Arabia had been pulling out all the stops to ensure the IPO is a success.
Saudi Aramco raised $25.6 billion from the world's biggest initial public offering, closing a deal that became synonymous with the kingdom's controversial crown prince and his plans to reshape the nation.
The state-owned oil giant set the final price of its shares at 32
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Read more: Saudi Aramco Raises $25.6 Billion In World's Biggest IPO
Write comment (94 Comments)On Wednesday, the rupee had closed higher at 71.53 against dollar.
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Read more: Rupee Ends Higher At 71.29 Against Dollar After RBI Policy Announcement
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