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Business
Last month, IndiGo also announced new flights between Mumbai and Abu Dhabi.
IndiGo announced new domestic flight connections at a starting all-inclusive price of Rs 2,499, according to airline's official website- goindigo.in. The new flights introduced by the carrier, will be operated on Shillong-Kolkata route, starting from July 20, 2019. Bookings
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Read more: IndiGo Announces New Flights, Offers Tickets From Rs 2,499
Write comment (92 Comments)Domestic carrier Vistara, a joint venture between country's Tata Group and Singapore Airlines, said on Friday it has leased six additional aircraft from BOC Aviation to drive its expansion in the domestic market.
Vistara said it plans to lease four Boeing Co 737-800 aircraft which will be delivered in May and two Airbus A320neo planes
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Read more: Vistara Leases Six Planes From BOC Aviation For Local Expansion
Write comment (99 Comments)Domestic stock markets gave up most of early gains on Friday, as losses in IT, energy and fast-moving consumer goods stocks offset advances in financials. The S-P BSE Sensex retreated as much as 399.59 points from the day's high of
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Read more: Sensex, Nifty Off Day's Highs As IT, Energy Stocks Sag
Write comment (90 Comments)There is no limit on minimum balance amount in case of a SBI small account.
State Bank of India's small accounts are primarily meant for economically weaker section of society to encourage them to start saving without any burden of charges or fees. These accounts can be opened by any individual who is above 18 years and do not have officially valid
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Read more: SBI Small Account: Eligibility, Interest Rates, Other Features
Write comment (90 Comments)IRCTC FTR Service: To book a train or a coach, an individual needs to log in to www.ftr.irctc.co.in.
Indian Railway Catering and Tourism Corporation (IRCTC), which offers passenger ticketing and catering services to Indian Railways passengers online and from its mobile application also offers a service where in an individual can book an entire
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Read more: Here Is How You Can Book An Entire Train, Coach From IRCTC Website
Write comment (93 Comments)As the Narendra Modi-led National Democratic Alliance (NDA) looks set for a second term with leads in 340 seats so far, India Inc rushed in with congratulatory messages for the Prime Minister and also listed the challenges the new government will face along with necessary steps to be taken.
Sandip Somany, president of FICCI said
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Read more: India Inc Congratulates PM Modi, Warns Of Economic Challenges
Write comment (91 Comments)Passenger details including name in both PNRs should be same for connecting journey bookings.
Indian Railways allows linking of two PNRs (Passenger Name Records) for connecting journey for both online and offline tickets. The one having first journey lap is considered the 'main journey PNR' and the later one is considered 'connected journey PNR',
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Read more: Railway Ticket Reservation: 10 Points About 'Connecting Journey Booking'
Write comment (94 Comments)Sensex share markets: ICICI Bank, HDFC Bank and Larsen - Toubro were the top Nifty gainers.
The S-P BSE Sensex and NSE Nifty 50 Index staged a sharp upmove a day after Prime Minister Narendra Modi-led National Democratic Aliance (NDA) won an overwhelming majority in the recently concluded general
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Read more: Sensex Surges Over 600 Points After BJP's Landslide Victory In 2019 Polls
Write comment (91 Comments)The rupee had settled at 69.66 against the dollar on Wednesday.
The rupee surrendered all its early gains and closed 36 paise lower at 70.02 against the dollar on Thursday after investors looked past the euphoria over Bharatiya Janata Party's election victory and shifted focus to macro-economic developments that will set the tone for the
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Read more: Rupee Settles 36 Paise Down At 70.02 Against Dollar
Write comment (98 Comments)Mallya is also liable to pay interest incurred at a commercial rate.
In another setback to Vijay Mallya, the UK High Court on Friday directed the embattled liquor tycoon to pay British beverage giant Diageo over $135 million in relation to a collateral arrangement.
Diageo is seeking a total of $175 million from the 63-year-old businessman
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Read more: Diageo Wins $135 Million Claim Against Vijay Mallya in UK Court
Write comment (97 Comments)The futures market still indicates oil prices to remain relatively stable for the rest of the year.
Jet fuel prices have reached nearly 85 dollars per barrel -- the highest level since November 2018 -- mainly due to the US decision to end sanction waivers on Iran oil imports, according to the International Air Transport
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Read more: Jet Fuel Prices Hit Highest Level Since November: Industry Body
Write comment (90 Comments)If Narendra Modi's 2014 popular mandate was India's biggest in three decades, his 2019 re-election is an even bigger feat.
Votes are still being counted, but on current trends the prime minister's Bharatiya Janata Party will win a more impressive single-party majority in parliament than last time around.
It's a remarkable demonstration of voters'
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Read more: Opinion: Modi Reigns Supreme. Now India's Economy Awaits
Write comment (93 Comments)The collapse of IL-FS last year triggered a series a defaults across the shadow banking sector
The Reserve Bank of India (RBI) on Friday proposed introducing a liquidity coverage ratio (LCR) for large non-banking finance companies (NBFC) to help tackle liquidity problems in the sector.
The central bank said it planned to implement
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Read more: RBI Proposes To Introduce Liquidity Coverage Ratio For Shadow Banks
Write comment (100 Comments)With the ruling National Democratic Alliance (NDA) returning to power at the centre, mid-cap and small-cap companies are likely to be the more attractive options for investors in terms of value, a market analyst report said on Friday.
Mid-cap is the term given to firms with medium-sized market capitalisation.
"With NDA coming back into power we can
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Read more: Mid-Cap, Small-Cap Firms More Valuable Right Now: Report
Write comment (90 Comments)India Post or Department of Posts, the postal system of the country, provides a number of services. India Post, which has a network of over 1.5 lakh post offices across the country, offers several savings schemes with different interest rates. Interest rates on post office saving schemes move in line with the government's interest rates on small
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Read more: Post Office Offers Public Provident Fund Account: 10 Things To Know
Write comment (96 Comments)After rising for the past few weeks, the country's foreign exchange reserves declined $2.057 billion to $417.998 billion in the week to May 17 on account of a fall in foreign currency assets, RBI data showed Friday. In the previous week, the reserves had risen by $1.368 billion to reach $420.055 billion. In the reporting week, foreign
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Read more: Forex Reserves Decline By $2 Billion To $418 Billion
Write comment (95 Comments)Bookings under GoAir's sale can be made till May 30.
GoAir is offering domestic flight tickets at a starting price of Rs 1,375 in a limited-period offer. Bookings under the sale, which is valid for travel till December 15, 2019, can be made till May 30, according to the airline's official website, goair.in. However, the travel dates vary from
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Read more: GoAir Offers Flight Tickets From 1,375 Rupees, Check Routes Here
Write comment (100 Comments)Earlier, the limit for seeking Tax Deducted at Source (TDS) exemption was Rs 2.5 lakh
Senior citizens with a taxable income of up to Rs 5 lakh can now submit in banks and post offices Form 15H to claim exemption from TDS on interest income on deposits, according to a CBDT notification. Earlier, the limit for seeking Tax Deducted at
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Read more: Senior Citizens Can Use Form 15H To Claim TDS Relief On Interest Income
Write comment (93 Comments)HDFC, ICICI Bank SBI Minimum Balance Rules: Penalty varies on various factors such as branch locatio
Regular savings bank accounts require customers to maintain a certain average monthly balance (AMB). Top banks such as State Bank of India (SBI) and HDFC Bank have fixed their average monthly balance requirements according to the location of a
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Read more: Minimum Balance Rules, Charges Of Key Banks Explained Here
Write comment (93 Comments)Zero balance account in SBI: BSBD account can be opened by any individual by taking up KYC verification.
State Bank of India (SBI) offers a special type of savings bank account, known as the basic savings bank deposit or BSBD account. A zero balance savings account, the BSBD account does not require the customer to ensure any particular balance.
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Read more: Key Things To Know About SBI's Basic Savings Bank Deposit Account
Write comment (95 Comments)Employees' Provident Fund or EPF, a government-run pension scheme, fetches an interest at the rate of 8.65 per cent. It is a mandatory contribution from the salary of an individual that every organisation with more than
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Read more: Employees' Provident Fund: Interest Rate, Withdrawal Rules, Key Details
Write comment (99 Comments)Foreign institutional investors (FIIs) remained net buyers in the capital markets on Friday.
The rupee on Friday rallied 49 paise to close at 69.53 against the dollar in line with a massive surge in domestic equities following a decisive mandate for PM Narendra Modi's BJP in the general elections. On weekly basis, the domestic currency
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Read more: Rupee Rises 49 Paise To Settle at 69.53 Against Dollar
Write comment (100 Comments)The rupee gained as much as 0.4 per centto touch a session high of 69.74 against the dollar.
The rupee strengthened on Friday and is set for its first weekly gain in three after Prime Minister Narendra Modi's ruling coalition scored a massive election win and supported by a decline in the crude oil price.
The weaker oil prices helped currencies of
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Read more: Rupee Set For Weekly Gain After PM Modi's Landslide Election Win: Report
Write comment (99 Comments)Sovereign gold, however, held steady at Rs 26,500 per eight grams.
Silver prices rallied by Rs 200 to Rs 37,400 per kg in Delhi on Thursday, while gold held steady, according to the All India Sarafa Association. Traders said silver prices rose on pick-up in offtake by industrial units and coin makers at the local spot market. Globally,
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Read more: Gold Price Moves Lower To 32,670 Rupees Per 10 Grams
Write comment (100 Comments)Mother Dairy's decision comes days after Amul hiked milk prices by Rs 2 per litre.
Mother Dairy, the leading milk supplier in the national capital region, on Friday hiked milk prices by up to Rs 2 per litre, effective Saturday, citing higher procurement cost from farmers.
The company has increased the prices of only poly pack milk and
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Read more: Mother Dairy Hikes Milk Prices By Up To Rs 2 Per Litre
Write comment (97 Comments)It's always wise to be prepared for the hottest months of the year with the right air conditioner. Whether you're buying your first air conditioner or simply upgrading from a very old machine, it's highly recommended that you spend some time doing a bit of research before heading out to buy your new air conditioner.
Before you decide, you need to
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Read more: How To Decide On The Perfect Air Conditioner For Your Home This Summer
Write comment (92 Comments)GoAir had the best on-time performance followed by Air Asia, Vistara, IndiGo, and Air India
The number of passengers flying domestic airlines dropped by 4.5 per cent to 109.95 lakh in April as compared to 115.13 lakh in the same month of the previous year, according to data released by the Directorate General of Civil Aviation (DGCA). The key
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Read more: Domestic Air Passenger Growth Falls In April Due To Jet Airways Grounding
Write comment (95 Comments)Gold prices rose by Rs 200 to Rs 32,870 per 10 grams on Friday, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association. Tracking gold, silver also gained by Rs 150 to Rs 37,550 per kg on increased offtake by industrial units and coin makers. The rise in gold prices came due to a pick-up in demand from local
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Read more: Gold Prices Gain On Jewellers' Buying: 5 Things To Know
Write comment (96 Comments)Adani group entered Australia in 2010 with the purchase of the greenfield Carmichael coal mine.
The process to obtain final approvals for energy giant Adani's Carmichael coal mine in Australia will be settled within three weeks, the leader of the country's Queensland state said on Friday as she sought to expedite the controversy-hit
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Read more: Decision On Final Approval For Adani Australia Coal Mine Within 3 Weeks
Write comment (95 Comments)The S-P BSE Sensex crossed the 40,000 mark for the first time on Thursday as leads showed Prime Minister Narendra Modi's Bharatiya Janata Party-led National Democratic Alliance (NDA) securing a clear majority. The 30-scrip benchmark index, Sensex, opened at a record 39,591.77, and gained 1,014.75 points
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Read more: Sensex Tops 40,000 Mark For First Time Ever: 10 Things To Know
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