Business

The rupee fell by 24 paise to 69.78 against the dollar in opening trade on Thursday on increased demand for the greenback from importers and banks and rising crude oil prices. Forex dealers said, strengthening of the American currency in overseas market

Domestic equity benchmarks rose for third day in a row on the back of buying in banking heavyweights like HDFC Bank, ICICI Bank, IndusInd Bank and Yes Bank. The S-P BSE Sensex rose 216.51 points or 0.58 per cent to end at 37,752 and the NSE Nifty 50 Index advanced 40 points or 0.36 per cent to settle at 11,342. At day's highest level Sensex

Consumer prices rose at a faster pace than anticipated in February, and remained below the Reserve Bank of India's target for a seventh straight month, lending weight to expectations that the bank could again cut the key interest rate in April.

Annual retail inflation picked up in February to 2.57 per cent, after easing to a downwardly revised

Top advancers on Nifty were Yes Bank, Indiabulls Housing Finance, Indian Oil, ZEEL and IndusInd Bank.

Jet Airways is offering domestic flight tickets at a starting all-inclusive price of Rs 1,165, according to the official website of the airline - jetairways.com. Passengers can book flight tickets to 37 domestic destinations, according to the airline's website.

Jet Airways said on Tuesday it grounded four more aircraft, taking the number to 32 which is more than a fourth of its fleet, as the carrier failed to make payments to its lessors.

With debts of more than $1 billion, the carrier has defaulted on loans and has not paid pilots, leasing firms and suppliers for months.

India Post or Department of Posts, the postal system of the country, provides a range of services. The Department of Posts 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 savings schemes, which are revised on a quarterly basis. One

Domestic equity benchmarks are set for third day of gains on the back of buying interest in banking heavyweights like HDFC Bank, IndusInd Bank and Yes Bank. The S-P BSE Sensex rose as much as 239 points to 37,775 and the NSE Nifty 50 Index climbed as much as 43

The rupee on Tuesday gained 18 paise to close at more than two-month high of 69.71 against the US dollar propelled by foreign capital inflows and a weaker greenback in overseas markets. Dollar selling by exporters and banks also supported the domestic

The Adani Group will pay over Rs 3 lakh crore to the Airport Authority of India (AAI) for operating six airports in the country under the public private partnership (PPP) model.

The company emerged as the highest bidder for all the six airports -- Ahmedabad, Jaipur, Lucknow, Thiruvananthapuram, Guwahati and Mangaluru -- as per financial

India Post, under the Department of Posts (DOP), offers internet banking services for post office savings bank (POSB) account holders, according to its official website- indiapost.gov.in. Under this facility, customers can transfer funds from one post office

Core consumer inflation was seen at 5.3-5.4 per cent in February, slightly higher than a downwardly revised 5.2-5.3 per cent in January, according to three analysts who estimated from inflation figures released on Tuesday.

Annual retail inflation picked up in February to 2.57 per cent, after easing to a downwardly revised 19-month low of 1.97 per

Vistara, a joint venture of Tata Sons and Singapore Airlines, can now fly to international destinations, the secretary of the Ministry of Civil Aviation told reporters on Wednesday.

In June, the airline met the requirement of owning a fleet of more than 20 jets, needed to fly

To boost the start-up ecosystem in India, social media giant Facebook on Tuesday launched training and mentoring facilities for entrepreneurs across nine cities.

Called "Facebook Hubs", these centres will help foster innovation and support for the community, by hosting mentor hours and training, workshops, roundtable discussions across

Consumer inflation stood at a provisional 2.57 per cent in February, government data showed on Tuesday. Consumer inflation for January was revised downwards to 1.97 per cent, also its lowest level in 19 months, from 2.05 per cent, according to the official statement. Economists had predicted consumer price index at 2.43 per cent for February, ac

The rupee on Wednesday clocked its third straight session gains, rising 17 paise to close at a fresh two-month high of 69.54 against the US dollar on sustained foreign fund flows. Besides, the dollar's weakness against its key rival overseas strengthened forex market sentiment

Reliance Jio Infocomm which offers wireless telecom services under the brand name 'Jio', among its various recharge options, offers 2GB of high speed data packs per day. The Reliance Jio recharge plans being offered for 2GB of high speed data are priced between Rs 198-Rs

State Bank of India or SBI, country's largest lender, offers a number of products under its personal banking portfolio. From fixed deposit (FD) account to Public Provident Fund (PPF), the banking major provides a variety of options for customer's requirements, according to its website - sbi.co.in. SBI provides interest rates in a range of

On the occasion of Holi, Northern Railway, an arm of Indian Railways, has announced special trains. "In order to clear the extra rush of passengers, during Holi festival-2019, railways have decided to run the Holi special trains," said Northern Railw

Bank fixed deposits (FDs) are secure fixed-income instruments which offer guaranteed returns. Unlike stocks and mutual funds, fixed deposits offer assured returns because they are unaffected by market volatility, say experts. Top lenders such as State Bank of

Indian firms are returning to equity markets to raise funds with two companies opening subscriptions for initial public offerings (IPOs) this month, but sentiment is expected to remain cautious ahead of national election starting in April.

While investor sentiment for Indian equities has

IT (information technology) czar and Wipro Chairman Azim Premji has earmarked 34 per cent of Wipro shares worth Rs 52,750 crore ($7.5 billion) for his philanthropic activities, a statement said on Wednesday.

"Azim Premji has increased his commitment to

Top gainers on the 50-scrip index were HCL Tech, IndusInd Bank, HDFC Bank, Infosys and Hindustan Unilever

Gold prices fell by Rs 100 to Rs 33,150 per 10 grams at the bullion market on Tuesday reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association. The fall came on subdued demand from local jewellers and diversion of funds to rising equity market

State Bank of India or SBI, country's largest bank on basis of its assets, offers loan against fixed deposit (FD) account at lower interest rates than those charged on normal loans, according to lender's official website- sbi.co.in. Under this facility, SBI allows

Banking tycoon Uday Kotak's wealth has increased three-times in the last five years even as he has been locked in a legal case with the Reserve bank of India (RBI) over reduction in promoter shares in Kotak Mahindra Bank.

The founder of Mumbai-based Kotak Mahindra Bank has seen his wealth nearly triple since March 2014, when the RBI said he

Domestic stock markets surged for second day in a row along with the rupee buoyed by strong inflows by foreign institutional investors in equity markets. The S-P BSE Sensex rose 1.30 per cent or 481.56 points to close at 37,535.66, and the NSE Nifty 50

Gold prices on Wednesday rallied by Rs 235 to Rs 33,385 per 10 gram on increased buying by local jewellers amid a firm trend overseas, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association. Silver too advanced by Rs 130 to Rs 39,710 per kg on

Annual retail inflation picked up in February to 2.57 per cent, after easing to a downwardly revised 19-month low of 1.97 per cent in January, government data showed on Tuesday.

Analysts polled by Reuters had forecast February's annual

GoAir is offering domestic and international flight tickets at a starting all-inclusive price of Rs 1,199 and Rs. 4,999 respectively in a limited-period sale. Bookings under the sale offer can be made till March 15, 2019, according to airline's website - goair.in. The sale