Business

India's services sector expanded at its slowest pace in seven months in April as some businesses postponed decisions and expansion plans until seeing results of the general election currently underway, a private survey showed on Monday.

The Nikkei/IHS Markit

Yes Bank shares fell as much as 5 per cent on Monday, after credit ratings agency ICRA lowered its ratings on the private sector lender's long-term bonds. On the National Stock Exchange (NSE), the Yes Bank share price declined 5.03 per cent to Rs

The general election along with fourth quarter results season is set to flare up near-term volatility in the domestic equity market, analysts say.

Other factors such as ongoing quarterly results season along with crude oil price fluctuations as well as the direction of foreign fund flows and the rupee's movement against the US dollar are also

A fixed deposit (FDs) is a financial instrument which offers guaranteed return. Financial institutions such as banks, post office, small finance banks and non-banking financial companies offer fixed deposit accounts. Customers can deposit money in fixed deposits for a specific period, ranging from seven days to 10 years. Banks usually pay a higher

LPG (liquefied petroleum gas) cylinder prices have been hiked with effect from May 1 compared to the previous month. While the subsidised LPG price has been raised by 28 paise per cylinder (14.2 kilograms) and 29 paise per cylinder in in Delhi and

To meet high demand and raise its market, national carrier Air India has earmarked Rs 500 crore to get 19 of its grounded passenger jets back into operations.

Currently, the national passenger carrier has 19 aircraft grounded due to various reasons

Gold prices on Monday rose by Rs 75 to Rs 32,720 per 10 grams at the bullion market, reported news agency Press Trust of India quoting the All India Sarafa Association. The prices advanced on fresh buying from jewellers amid firm trend overseas. Silver, however, declined Rs 70 to Rs 38,130 per kg due to reduced offtake by industrial units and coin

SBI or State Bank of India's term home loans start from an interest rate of 8.6 per cent. The interest rate for State Bank of India (SBI)'s home loan products ranges from 8.6 per cent to 9 per cent, based on factors such as the LTV or

Warren Buffett's Berkshire Hathaway Inc on Saturday said gains in its stock investments fueled a big first-quarter profit, while improved results from its Geico auto insurer and BNSF railroad units boosted operating results.

Berkshire also said it repurchased

ICICI Bank on Monday reported a 5 per cent decline in net profit to Rs 969 crore for the quarter ended March 31. Its net profit had stood at Rs 1,020 crore for the corresponding period last year, according to a regulatory filing by the private sector lender after market

US President Donald Trump said on Sunday he would raise tariffs to 25 per cent from 10 per cent on $200 billion of Chinese imports by the end of the week. 

Mr Trump has rattled the world trade order by imposing unilateral tariffs to combat what he

National Stock Exchange's (NSE) senior officials have filed an appeal with the Securities Appellate Tribunal (SAT) against their reprimand by market regulator Sebi (Securities and Exchange Board of India) in the bourse's co-location case.

The three

Indian Railways offer a ticket booking facility known as Tatkal Scheme for benefit of passengers who want to travel on an urgent basis, according to Indian Railways. IRCTC Tatkal booking is available on payment of premium charges on a

Domestic stock markets started Monday's session over 1 per cent lower tracking weakness in global peers on US-China trade concerns. The S-P BSE Sensex fell as much as 453.47 points - or 1.16 per cent - to 38,509.79 in early trade, and the NSE Nifty moved to 11,585.10, down 127.15 points from the previous close. A selloff in financial, metal

IRCTC (Indian Railway Catering and Tourism Corporation) Tourism is offering a tour package of six nights and seven days to Ladakh, Sham Valley and Nubra Valley, the tourism arm of the Indian Railways, said on microblogging website, Twitter. The tour, which will

Indian equity benchmarks registered their worst day in two weeks on the back of sell off in other Asian markets as US-China trade concerns resurfaced. The US President Donald Trump threatened to raise tariffs on China, triggering a global rout

Domestic airlines such SpiceJet and GoAir have announced flights on new routes and discounts on bookings. Private carrier SpiceJet has announced the launch of new domestic flights connecting Mumbai and Delhi with other cities. GoAir is offering domestic and

Promoters and top officials of realty firm Amrapali Group diverted home buyers' money for personal benefits and building their own empire, said the forensic report submitted to the Supreme Court.

The audit report revealed that around Rs 3,500 crore of

A group of investors including South Korea-based Mirae-Naver and China's Alibaba Group has led a fresh $150 million funding round in online grocery company Bigbasket, the startup said on Monday.

Bigbasket, which sells everything from

The government sees little hope of a bidder emerging for debt-laden Jet Airways, two senior finance ministry officials said, even as thousands of employees plead with the government for a rescue. Parties that had initially expressed interest in Jet, which is saddled with roughly $1.2 billion of debt, have so far failed to make firm bids to bail it

SpiceJet on Friday announced the launch of 12 new domestic flights connecting Mumbai and Delhi with other cities on its network, said the private sector airline in a press release. Of the new flights, six are to and from Mumbai while six connect Delhi, noted the statement. All the new flights will be effective from May 11, 2019, according to the

Chinese investors, caught off guard by US President Donald Trump's tariff threats, dumped stocks and sold the yuan currency on Monday as a fresh deterioration in Sino-US trade tensions roiled Asian financial markets.

The country's major

In a first in recent history of tax filings, income tax e-filings in FY 2019 have dropped by more than 6.6 lakh, a trend that analysts said was surprising as tax base was expected to increase post demonetisation. According to statistics put out on Income Tax Department's e-filing website, income tax e-filings in FY 2018-19 was 6.68

Oil-marketing companies increased the prices of petrol and diesel across the four metro cities on Saturday. Petrol is priced at Rs. 73.13 per litre in New Delhi, Rs. 75.15 per litre in Kolkata, Rs. 78.71 per litre in Mumbai and Rs. 75.92 per litre in Chennai, according to state-run Indian Oil Corporation's (IOC) website, iocl.com. Petrol prices

Bharti Airtel shares rose about 1.5 per cent in intraday trade on Monday amid large volumes, ahead of the earnings announcement by the private sector telecom major. On the National Stock Exchange (NSE), Airtel shares rose to as much as Rs 336.40 apiece,

GoAir is offering domestic flight tickets at a starting all-inclusive price of Rs. 1,375 in a limited-period sale, according to the private airline's website, goair.in. Bookings under the sale, valid for travel till October 6, 2019, can be made till May 9,

Did you know you can access a variety of banking services at a post office Other than mailing services, India Post - which operates a network of more than 1.5 lakh post offices across the country, provides a variety of banking services. One can carry out a

ICICI Bank shares were swinging between gains and losses ahead of January-March quarter and financial year 2018-19 earnings. ICICI Bank share price fell as much as 0.98 per cent on the BSE and on the National Stock Exchange, ICICI Bank share price fell as much as 1.77 per cent

Prices of petrol and diesel were slashed across the four metro cities on Sunday by oil-marketing companies. Petrol is priced at Rs. 73.07 per litre in New Delhi, Rs. 75.11 per litre in Kolkata, Rs. 78.66 per litre in Mumbai and Rs. 75.87 per litre in Chennai, according to state-run Indian Oil

The country's foreign exchange reserves soared by $4.368 billion to $418.515 billion in the week to April 26, helped by the second dollar-rupee swap auction, RBI data showed Friday. In the swap auction conducted on April 23, the Reserve Bank had