Business

Indian equity benchmarks fell for a fifth day in a row, posting their longest stretch of losses since February 19. The S-P BSE Sensex fell as much as 599 points from day's high and the NSE Nifty 50 Index fell below its important psychological level of 11,500. Analysts say

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

Piramal Enterprises said on Tuesday it had signed a memorandum of understanding (MoU) with Canada's biggest public pension fund to co-sponsor a $600 million infrastructure trust focused on renewable energy.

The Canada Pension Plan Investment Board

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

S-P BSE Sensex and NSE Nifty 50 indexes erased intraday gains and were on track to extend losses to fifth day in a row led by declines in heavyweights like Reliance Industries, ICICI Bank, ITC, Asian Paints and Tata Motors. Earlier in the day, Sensex and Nifty opened higher on

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

A group of nine professionals have proposed to make the now-grounded Jet Airways an employee- and passenger-owned airline, sources told TheIndianSubcontinent. The group of professionals represents the minority shareholders of the cash-starved

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

Domestic stock markets started Tuesday's session on a higher note, shrugging off continued weakness in Asian peers on renewed concerns about the US-China trade conflict. The S-P BSE Sensex jumped as much as 235.2 points to 38,835.54 in early trade while the NSE Nifty moved to 11,657.05, up 58.8 points from the previous close. Advances in

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

Bharti Airtel on Monday reported a net profit of Rs 107.2 crore for the quarter ended March 31. That marked an increase of 29.31 per cent in net profit compared to Rs 82.9 crore for the corresponding period a year ago. Monday's earnings report marked first increase in profit after 11

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

The rupee on Monday fell by 18 paise to close at 69.40 against the US dollar as renewed trade war worries following US President Donald Trump's threat to raise tariffs on Chinese imports sent markets into a tailspin and triggered flight of capital to safe

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

Banks today charge a penalty from their customers failing to meet the minimum balance requirements applicable to savings accounts. Public sector lender State Bank of India (SBI) and its private sector peers ICICI Bank and HDFC Bank levy a penalty

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

Reliance Jio Infocomm, which offers telecom services under the brand Jio, offers a range of recharge plans with 1.5 GBs of high speed internet per day. Reliance Jio currently offers five different recharge plans priced from Rs 149 to Rs 1,699 under which

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,

In a major relief for state-run construction major NBCC, the Allahabad bench of the National Company Law Tribunal (NCLT) on Monday asked the Committee of Creditors (CoC) of Jaypee Infratech (JIL) to consider NBCC's revised bid to acquire the insolvent

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