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Jet Airways' pilots appealed to the State Bank of India to release funds to the tune of Rs 1,500 crore for the airline, trade union National Aviator's Guild said on Monday, according to news agency Press

Regular savings bank accounts require customers to maintain a certain average monthly balance (AMB). Leading banks such as State Bank of India (SBI), Canara Bank, HDFC Bank and ICICI Bank have fixed their monthly average balance requirements according to the location of

The Reserve Bank of India (RBI) will remain vigilant and strive to revive growth in Asia's third-largest economy, as well as pushing to maintain macroeconomic, financial and price stability, its governor said in a speech on Friday.

India lost momentum

Tata Consultancy Services (TCS) shares jumped as much as 4 per cent on Monday, after the company beat analysts' estimates of its quarterly profit. On the National Stock Exchange (NSE), TCS share price rose as much as 3.65 per cent to hit an

Domestic equity market is expected to face a volatile week ahead as the ongoing general election season progresses and India Inc comes out with fourth quarter (Q4) earning numbers.

"India VIX (volatility index) has climbed above 20 levels anticipating

GoAir is offering domestic flight tickets at a starting all-inclusive ticket price of Rs 1,375 in a limited-period sale, according to airline's official website - goair.in. Bookings under this sale can be made till April 17, 2019. The travel

Domestic stock markets started the week on a higher note tracking advances in Asian peers. The S-P BSE Sensex rose as much as 111.79 points to 38,878.90, and the NSE Nifty moved to 11,677.40, up 33.95 points from the previous close. Gains in

The 2019 summer holiday travel season is expected to be marred by high air fares as debt-ridden Jet Airways gradually truncates flight operations, experts said. Even though the airline, lenders and the government are still hopeful of a revival,

Cash-strapped Jet Airways will fly six to seven aircraft on both days this weekend on domestic routes, Aviation Secretary P S Kharola said Friday.

He also said the airline has been told to ensure that passenger issues are taken into consideration while it deals with the situation.

It has

Petrol prices were revised while diesel rates were kept unchanged on Monday. With effect from 6 am, petrol prices were at Rs 72.98 per litre in Delhi and Rs 78.55 per litre in Mumbai, according to Indian Oil Corporation. Diesel rates stood at Rs 66.26 per li

Low-cost carrier and top rival SpiceJet appears to be making the most of the crisis at Jet Airways. Spicejet is now hiring engineers and pilots at much lower pay than their current salaries at the financially-troubled Jet. Industry sources told IANS that pilots from Jet Airways are being asked to take salary cuts of 25-30 per cent while

LPG or liquefied petroleum gas prices have been increased twice so far this calendar year. In Delhi, the price of non-subsidised LPG has been hiked by Rs 5 per cylinder from April 1 compared with the previous month, while that of subsidised LPG by 25

Oil-marketing companies increased the prices of petrol and diesel across the four metro cities on Sunday. Petrol is priced at Rs. 72.92 per litre in New Delhi, Rs. 74.94 per litre in Kolkata, Rs.78.49 per litre in Mumbai and Rs. 75.68 per litre in Chennai, according to state-run Indian Oil Corporation's (IOC) website, iocl.com. Petrol prices were

Infosys' board of directors today approved performance-based restricted stock units (RSUs) worth Rs 13 crore for the company's managing director and CEO, Salil Parekh. The grant of stock units to Mr Parekh is for financial year 2020, the IT major said.

India Post or Department of Posts, the postal system of the country, provides a range 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

Mukesh Ambani-owned Reliance Jio offers a host of prepaid recharge plans, ranging up to Rs 9,999. These recharge plan offers 1.5 GB per day data to 5 GB per day high-speed data, according to Jio's official website- jio.com. The data offered by Jio on these recharge packs is unlimited

Halting its three-day winning run, the rupee on Friday closed 25 paise lower at 69.17 to the US dollar as forex traders weighed rising crude oil prices. Besides, as forex dealers said, there was concern in the market after reports surfaced that the Supreme Court on Friday restrained Arcelor Mittal from acquiring Essar Steel, which in turn

Rajshree Pathy, an independent director of the crisis-hit Jet Airways' has resigned from the post, the company said on Sunday.

Ms Pathy resigned with effect from April 13, according to a regulatory filing by the airline.

"This is to inform that Rajshree

Indian Railway Catering and Tourism Corporation (IRCTC), the e-ticketing arm of the Indian Railways, offers passengers the facility of filing a TDR (Ticket Deposit Receipt) for cancellation of e-tickets. TDR is meant for people who do not undertake a train

Industrial output growth slowed to a 20-month low of 0.1 per cent in February, mainly due to contraction in the manufacturing sector, official data showed Friday. Factory output, as measured in terms of the Index of Industrial

As telecom major Vodafone Idea (VIL) opened its rights issue on Wednesday for the next two weeks with an aim to raise Rs 25,000 crore, sector experts say the fund would not be enough for the company given its high debt and the highly-competitive market.

In the

State Bank of India or SBI offers the facility of opening a salary package account, which is a special savings account offered to salaried customers. According to SBI's website- sbi.co.in, a salary package account

Annual retail inflation in the country picked up in March to 2.86 per cent compared with 2.57 per cent in February, government data showed on Friday. Analysts polled by news agency Reuters had forecast that retail inflation will accelerate in March on slightly higher food prices but remain under the Reserve Bank of India's medium-term target of 4

Recurring Deposit (RD) is a kind of term deposit under which one needs to deposit a fixed amount at fixed interval, which generates interest income. Unlike a fixed deposit (FD) account, in which a lump-sum amount is locked in for a defined period against a fixed

Fixed Deposits (FD), also known as term deposit (TD), is an interest-bearing account that has a specified date of maturity. The funds in these accounts are held for a fixed term, and guarantee a return of principal. Customers can avail fixed deposits from a minimum of

The Director General of Civil Aviation (DGCA) and the Civil Aviation Secretary called for an urgent meeting on Jet Airways with Nripendra Mishra, principal secretary to the Prime Minister Narendra Modi on Friday, according to sources. Government

Trade tension between the US and China, uncertainty around Brexit and slowdown concerns have prompted investors globally to look for safe investments, one of which has traditionally been gold.

In this backdrop, experts say that gold

Former IL-FS Financial Services CEO Ramesh Bawa was arrested by the Serious Fraud Investigation Office (SFIO), the investigating arm of Ministry of Corporate Affairs, on Friday, after the Supreme Court refused to grant him protection from apprehension.  The matter relates to a

Consumer inflation stood at 2.86 per cent in March, government data showed on Friday. That marked picking up of consumer inflation to the previous month, in which retail inflation had come in at 2.57 per cent, according to the Ministry of Statistics statement.