Business

Indian Railway Catering and Tourism Corporation's (IRCTC) tourism arm, IRCTC Tourism, is offering a six nights and seven days tour package to Chandigarh, Shimla, Dharamshala and Amritsar starting from Hyderabad. Named as 'Happy Himachal - Powerful Punjab' tour package

The Bimal Jalan panel will meet again to finalise the report on the transfer of RBI's surplus and profits to the government in wake of the earlier Finance Ministry nominee and former finance secretary Subhash Chandra Garg's transfer to another ministry leading to the slot falling vacant.

"Since

Two years ago, Satish P, a bakery owner in the small village of Harohalli near Bengaluru, had his doubts about stocking Mondelez's Cadbury Silk bars.

Priced between Rs 70 and Rs 170, they seemed out of reach for customers used to paying only Rs 5 for the tiny chocolates he has sold for years. But he took a chance and now rings up

Stock markets started Tuesday's session on a strong note, a day after credit ratings major Moody's said that the operating environment for Indian banks will be stable but economic slowdown poses challenges to

Bigbasket, valued at about $1 billion, will receive $14.5 million in debt from local venture capital firm Trifecta Capital, the online grocery start-up said on Monday.

The deal comes months after Bigbasket closed $150 million in funding from a group of investors, including South Korea-based Mirae-Naver and Chinese e-commerce giant Alibaba Group.

Bigb

Domestic stock markets started Monday's session on a choppy note amid weakness in Asian peers. The S-P BSE Sensex index gave up early gains to fall as much as 123.64 points to 37,759.15 in first few minutes of trade, and the broader NSE Nifty

Microsoft has acquired BlueTalon for an undisclosed sum. BlueTalon is a data privacy and governance service that helps enterprises set policies for how their employees can access their data.

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

The company

Pharmaceuticals major Dr Reddy's Laboratories on Monday reported a net profit of Rs 662.8 crore for the April-June period. That marked an increase of 45.32 per cent compared to its net profit of Rs 456.1 crore reported for the corresponding three-month period a

India Post, which has a network of over 1.5 lakh post offices across the country, provides a range of financial services, other than its mailing operations. The Department of Posts offers nine savings schemes with different interest rates.

A number of changes in the interest and tax rates have been announced recently which will take effect on August 1. In its last meeting, the GST or Goods and Services Tax Council decided to revise the tax rates applicable to electric vehicles and their chargers, among other changes. State Bank of India (SBI) has made certain changes to the charges

The government has so far garnered Rs 12,357.49 crore from disinvestment, official data stated. "During the current financial year 2019-20 so far Rs 12,357.49 crore has been obtained through disinvestment transactions," according to the Department of Investment and Public Asset Management (DIPAM).

Last fiscal year, the government had

Domestic equity markets fell on four out of five sessions in the week to July 26, with the benchmark indexes closing over 1 per cent lower. The S-P BSE Sensex shed 454.22 points and the broader Nifty50 gave up 134.95 points to register

The State Bank of India (SBI) has tightened lending terms dramatically for auto dealerships, according to a source and an internal memo seen by Reuters, seeking to reduce its exposure to risk from a sector in the midst of a sharp downturn.

The S-P BSE Sensex and NSE Nifty 50 Indexes declined after a day's breather in the previous session led by declines in HDFC, HDFC Bank, Maruti Suzuki, Larsen - Toubro, ITC, Bajaj Auto and Tata Motors. The Sensex and Nifty opened lower tracking selling pressure which was visible across the sectors and the Sensex declined as much as 363

Adani Group will invest Rs 5,500 crore over the next five years in power transmission and food processing sectors in Uttar Pradesh, its chairman Gautam Adani said on Sunday. Speaking on the occasion of the second ground breaking ceremony that will see the

Shares of Coffee Day Enterprises and SICAL Logistics plunged 20 per cent each on Tuesday, a day after their promoter VG Siddhartha went missing. Coffee Day Enterprises said in an exchange filing on Tuesday

SpiceJet has announced a discount on select flights in a limited-period offer. In its "Surprise Sale", the airline is offering a 12 per cent discount on select flights, the private sector airline said on microblogging website Twitter. Under the offer, which is valid for travel till September 25, 2019, flight tickets can be booked till August 10,

The Swadeshi Jagran Manch, an influential economic affiliate of the ruling Bharatiya Janata Party (BJP), has said government is the sole owner of the Reserve Bank of India (RBI) profits and surpluses and has hit out at the earlier central bank management for

State Bank of India (SBI) on Monday said it will reduce interest rate on fixed deposits across all maturities with effect from August 1. "For time deposits with longer tenors, there is a reduction up to 20 bps (basis points) or 0.2 per cent in the Retail segment and 35 bps or

Vodafone Idea shares slumped as much as 28.64 per cent to their lowest level recorded since 2007 on Monday. Shares of Vodafone Idea, the country's largest wireless telecom services provider by subscriber base, declined to as much as Rs 6.60 on the B

Food and beverages major PepsiCo India on Sunday said it plans to invest Rs 514 crore over the next three years to set up a greenfield snacks manufacturing plant in Uttar Pradesh. The new investment plan is in line with PepsiCo's goal to double its snacks business in the country by 2022 and is expected to help create over 1,500 jobs,

A former Reserve Bank of India (RBI) governor, Bimal Jalan, has warned that the higher income taxes the government introduced in its budget could lead to a flight of funds from the country.

"In theory if tax rates are very high, obviously

SBI or State Bank of India, the country largest lender, will reduce interest rate on fixed deposits across all maturities starting August 1. In view of the falling interest rate scenario and surplus liquidity, SBI will cut interest rate on retail term

Finance Minister Nirmala Sitharaman has ruled out reconsidering a plan to issue foreign currency overseas sovereign bonds, she was quoted as saying in an interview published on Sunday, despite warnings of long-term risk for the economy.

On Thursday,

Amazon.com Inc is planning a foray into the burgeoning online food delivery business in India this year, two sources aware of the development said, in a move that could raise competition in an increasingly crowded market.

The Seattle-based

Finance Minister Nirmala Sitharaman called for a "significant" reduction in the central bank's policy rates and said the government did not intend to review the budget proposal for overseas sovereign borrowings, the Economic Times (ET) reported on

IRCTC Tourism is offering a tour package to Andaman and Nicobar Islands starting from Rs 30,433. The five-night and six-day tour will cover destinations such as Port Blair, Havelock Island and Ross - North Bay Island, according to IRCTC Tourism's official website,

The operating environment for Indian banks will be stable but economic slowdown poses challenges to the sector, a Moody's Investors Service report said on Monday.

According to the report - the India banking system outlook - the country's economic growth will

Domestic shares lost steam and moved lower on Monday clouded by weak corporate results, while bond yields fell after the Finance Minister's comments in a media interview that the government did not intend to review its overseas borrowing plan.

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

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