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Domestic equity benchmarks (Sensex and Nifty) edged higher led by gains in Larsen - Toubro, HDFC, ITC, NTPC and HDFC Bank. The S-P BSE Sensex rose as much as 137 points or 0.36 per cent to 38,524.09 and the NSE Nifty 50 Index rose above

Oil prices reached their highest so far for 2019 on Thursday as global markets tightened amid supply cuts led by producer club OPEC and US government sanctions against Iran and Venezuela.

International Brent crude oil futures hit a November 2018 high of $68.64 per barrel in intraday trade on Thursday, up 14 cents, or 0.2 per cent from

Fixed deposits (FDs) are secure investment instruments offered by banks, non-banking financial companies (NBFCs) and post offices. In a bank fixed deposit (FD), investor can park lump sum amount and avail features like assured returns and choice of interest payout. Leading

Gold extended losses on Friday, moving further away from a three-week peak hit in the previous session, as appetite for riskier assets improved on upbeat US economic data, while the metal was still on path for a third straight weekly gain.

• Spot gold was down 0.1 per cent at $1,308.26 per ounce

Reliance Industries, operator of the world's biggest refining complex, has turned to selling fuels to Venezuela from India and Europe to circumvent sanctions that bar US-based companies from dealing with state-run PDVSA,

Lenders led by the SBI are trying to revive debt-laden Jet Airways by change in management as they feel collapse of the airline will not be good for consumers and competition, a source said after the SBI chief met Finance Minister Arun Jaitley on Wednesday. With Jet flying

Asian shares advanced on Friday after upbeat data and optimism in the tech sector lifted Wall Street stocks, helping calm some of the jitters sparked by the Federal Reserve's cautious outlook on the world's biggest economy.

MSCI's broadest index of

The US Federal Reserve on Wednesday brought its three-year drive to tighten monetary policy to an abrupt end, abandoning projections for any interest rate hikes this year amid signs of an economic slowdown, and saying it would halt the steady decline of its balance sheet in September.

The measures, announced following the end of a

Private sector lender Axis Bank provides a range of fixed deposit maturities from seven days to 10 years. Axis Bank offers interest rates to the tune of 3.50-7.25 per cent to the general public on fixed deposit (FD) up to Rs. 2 crore, according to its website, axisbank.com. These

LPG or liquefied petroleum gas prices were hiked earlier this month, marking the first increase in prices so far this calendar year. With effect from March 1, subsidised and non-subsidised LPG prices in Delhi were

Financially troubled Jet Airways seems to be headed towards more turbulence as around 260 of its pilots have applied to join SpiceJet, even as investors like public sector banks struggle to stitch a rescue plan for the airline.

The development took place on Wednesday when pilots of the

Many banks today offer income tax benefits under a special type of fixed deposit (FD) or term deposit account. This income tax benefit can be availed by the eligible assessees against their investment - up to Rs 1.5 lakh in a financial year - in the form

IL-FS Transportation Networks said in a filing on Thursday that it missed some Rs 20.9 crore ($3 million) in principal and interest payments due on March 18 because of "insufficient funds".

IL-FS Transportation Networks is a subsidiary of debt-laden Infrastructure Leasing and Financial Services Ltd (IL-FS), which the government

Asia's worst-performing currency took five weeks to become its best.

The turnaround has been fueled by the improved chances of Prime Minister Narendra Modi winning a second term amid recent tensions between India and Pakistan. The optimism has led to local

State Bank of India's head told reporters on Wednesday that putting Jet Airways into bankruptcy is the "last option" for lenders and that they are making every effort to keep the airline flying.

"We believe that it is in everybody's interest that Jet Airways continues to

Tata Steel is likely to offer to sell parts of its European packaging activities to secure regulatory approval for a planned joint venture with Thyssenkrupp, three people familiar with the matter told news agency Reuters.

The two steelmakers

The government plans to provide unused airport slots of Jet Airways to other domestic airlines on an interim basis, a senior official said Wednesday, amid efforts to minimise flight disruptions. Cash-strapped Jet Airways, which is looking to

Shares of state-run Punjab National Bank (PNB) rose on Wednesday after the arrest of fugitive jeweller Nirav Modi in London. The stock of the Delhi-based Punjab National Bank rose as much as 4 per cent on the BSE during the session, before closing with a gain of 3.37 per cent for the day at Rs. 93.55. The spike in the PNB shares came after the UK

GoAir is offering flight tickets from Rs 2,765 in a limited-period scheme. Under the GoAir scheme, domestic flight tickets are available from an all-inclusive Rs 2,765, international bookings are priced from Rs. 7,000, according to the airline's website - goair.in. Bookings under the offer can be made till March 26, 2019, according to the GoAir web

The rupee on Wednesday recovered by 13 paise to close at 68.83 against the US dollar amid sustained buying by foreign investors in domestic equity markets and lower crude prices. However, the local currency remained cautious ahead of the US Federal Reserve

E-commerce platform Amazon India is offering discounts on select products under its 'Holi Store' scheme.  This offer is valid for purchases done till March 21, 2019, according to Amazon India's website - amazon.in. Under the limited-period

EPF or Employees' Provident Fund is a government-run pension scheme aimed at the salaried individual. For the current financial year, which ends on March 31, 2019, investment in EPF fetches interest at the rate of 8.65 per cent, as against a five-year low of

Blackstone-backed Embassy Office Parks REIT's Rs 4,750 crore ($689.85 million) initial public offering, the first by a real estate investment trust in India, was subscribed more than two times by 4 pm on the last day of sale on Wednesday.

Investors bid for about 175.8 million shares, or 2.47 times the 71.3 million on offer, stock exchange data

SpiceJet could benefit from cash-strapped Jet Airways being forced to ground planes, and the low-cost carrier is in talks with lessors to lease some of those aircraft, a person with direct knowledge of the matter told news agency Reuters.

Shares

On the occasion of Holi, Reliance Jio has come up with a special exchange offer on its 4G-enabled device, JioPhone. Under the scheme, called "Happy Holi", if a customer buys JioPhone in exchange for a "working phone", he/she is required to pay a sum of Rs 1,095 instead of Rs

National Pension System (NPS) is a government-sponsored retirement planning instrument. Regulated by the Pension Fund Regulatory and Development Authority (PFRDA), NPS enables the subscriber to set his or her own choice for fund allocation to different

Shares of the Mumbai-based airline operator - Jet Airways Ltd dropped nearly 7 per cent to Rs 213.35 on the National Stock Exchange as the company's distress aggravated after the government called for an emergency meeting to discuss the cash-strapped carrier's woes. On the

A group of state-run banks want Jet Airways' embattled founder and chairman Naresh Goyal to reduce his stake in the carrier to 10 per cent, news channel CNBC-TV18 reported on Thursday, quoting sources.

"Banks want Goyal to bring his stake down to 10 per

E-commerce firm MSTC's initial public offering (IPO) to raise as much as Rs 226 crore ($32.86 million) was subscribed 1.5 times, after the company extended the share sale until Wednesday and cut the lower end of the price band.

Investors bid for 2.58 crore

Domestic equity benchmarks (Sensex and Nifty) were little changed as buying interest in Infosys, HDFC, Larsen - Toubro, HDFC Bank and ITC was offset by selling pressure in ICICI Bank, Reliance Industries, Kotak Mahindra Bank and Bajaj Auto. As of 9:20 am, the S-P BSE Sensex traded 13