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Domestic stock markets started Wednesday's session on a strong note, tracking advances in Asian peers. The Sensex rose as much as 327.27 points to touch  36,300.98 in morning trade, while the Nifty rose to 10,921.60, up 86.3 points from the previous close. Buying in banking, auto and metal stocks stocks pushed the markets higher. However, weakness

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Fiscal deficit in the first ten months of the current fiscal year stood at Rs 7.7 lakh crore

New Delhi: 

India's fiscal deficit touched Rs 7.7 lakh crore ($108.36 billion) in April-January, government data showed on Tuesday. That meant the deficit stood at 121.5 per cent of the budgeted target for the current fiscal year.

Earlier this month, while

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The government has said the real estate GST move will give a boost to housing for all

Mumbai: 

A tax cut by the government to help the country's troubled housing sector should boost home sales, but by itself will not be enough to put cash-short developers on more solid ground, say industry executives.

On Sunday, the GST Council said the sales-tax on

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Petrol prices in Delhi and Mumbai have been increased by Rs 2.82 a litre each so far in 2019, data shows

Petrol and diesel prices took a pause on Wednesday, after six consecutive days of hikes. Data from Indian Oil Corporation - the country's largest fuel retailer - showed that fuel prices in Delhi and Mumbai, among other metros, were kept

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Four of the 9 saving schemes offered by India Post fetch interest rates of at least 8 per cent or more.

India Post or Department of Posts, which runs postal services in the country, also offers banking facilities. Besides allowing customers to open a savings account like banking peers, post offices also offer a number of saving schemes. Interest

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The stock had lost 45 per cent of its value this year as of last close, according to Reuters.

Shares of Dewan Housing Finance Corporation plunged as much as 8.2 per cent on Tuesday, a day after ratings agency ICRA cut its rating on the company's commercial papers. DHFL shares opened lower at Rs 130.50 apiece on the National Stock Exchange (NSE) and

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The court also indicated that it may lift the corporate veil to ascertain the truth.

The Supreme Court on Tuesday asked businessmen Malvinder Singh and Shivinder Singh to be present in court on March 14 in connection with a plea by Japanese drug maker Daiichi Sankyo seeking Rs 3,500 crore from them.

"The Court would like to have the personal

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E-filing of ITR: The taxman enables assessees to check the status of their e-filed return online

Did you know you can check the status of your filed income tax return online The Income Tax Department enables income tax assessees to check the status of their ITR (income tax return) online through its e-filing portal, incometaxindiaefiling.gov.in.

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Mumbai: 

The rupee depreciated by 30 paise to 71.30 against the US dollar in early trade on Tuesday at the forex market on fresh demand for the US currency from importers. Strength in dollar against some currencies overseas and a lower opening in domestic equities kept pressure on the domestic unit, dealers said.

On Monday, the rupee firmed up by 17

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Children aged 5 and below 12 years are allowed half of the free allowance subject to maximum of 50 kgs

Indian Railways has certain luggage carrying rules under which each passenger is allowed a free allowance up to which he/she can carry luggage in the compartment. The free allowance varies for different classes of travel, said Indian Railways on

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As per the extant guidelines, the variable pay is capped at 70% of fixed pay but did not include ESOPs.

Mumbai: 

The RBI on Monday proposed that at least 50 per cent of compensation of senior officials of private and foreign banks, including whole time directors and chief executive officers, "should be variable". A discussion paper on proposed

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Top laggards on the Nifty were Hero MotoCorp, Yes Bank, Titan, Vedanta and Tata Steel

Domestic stock markets started Tuesday's session with sharp losses, with the Sensex falling more than 450 points, amid geopolitical tensions between India and Pakistan. Bombay Stock Exchange benchmark index Sensex declined

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The new tariff structure was to come into force from March 2.

Government has once again delayed implementation of higher tariffs on some goods imported from the United States to April 1, according to a government order issued on Tuesday.

The new tariff structure was to come into force from March 2.

Angered by Washington's refusal to exempt it from

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Thirteen of 19 sector gauges compiled by BSE ended lower.

Domestic equity benchmarks declined on Tuesday amid rising geo-political concerns. The S-P BSE Sensex fell as much as 499 points and NSE Nifty index dropped below 10,750 before Sensex closing 240 points lower at 35,974 and Nifty falling 45 points to shut shop at 10,835. India carried out

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Gross value added growth (GVA) is expected to be 6.7% in the October-December quarter

Bengaluru: 

India's economy likely grew at its slowest pace in over a year in the October-December quarter as weaker rural incomes and softer urban demand weighed on consumption, a poll by news agency Reuters showed.

The median forecast from more than 55 economists

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Using EPFO's online facility, investors can apply for EPF withdrawal.

Retirement fund body Employees' Provident Fund Organisation (EPFO) allows subscribers to withdraw money from Employees' Provident Fund (EPF) for certain special purposes. EPF is a mandatory contribution that every company, which has more than 20 employees, has to deduct from the

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Kotak Mahindra Bank on Tuesday raised the limit on total shareholding of foreign institutional investors and foreign portfolio investors in the company to 45 per cent from 43 per cent.

The hike in the shareholding limit comes as the private-sector lender grapples with a central bank directive on reducing its Chief Executive Uday Kotak's stake in

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The order comes after the NCLAT said subsidiaries of IL-FS would be divided into three categories

New Delhi: 

In a path-breaking order, the NCLAT on Monday ruled that no bank or financial institution (FI) shall declare the accounts of cash-strapped Infrastructure Leasing and Financial Services (IL-FS) and its group companies as

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Mumbai: 

The rupee on Tuesday snapped its gains of previous two sessions and closed 10 paise lower at 71.07 to the US dollar amid fears of escalation in geo-political tensions following Indian fighter jets' air strikes on Pakistan-based terror camps. Besides, weakening investor sentiments in domestic equity market and rising global crude oil prices

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All NRIs, PIOs and OCIs are allowed to access the bank's NRI services.

State Bank of India (SBI), the country's largest bank, offers various banking services to non-resident Indians (NRI), Persons of Indian Origin (PIO) and Overseas Citizen of India (OCI). State Bank of India offers three types of accounts to NRIs: Non Resident Ordinary (NRO)

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The top source for FDI was Singapore with $13 billion.

New Delhi: 

The flow of foreign direct investment into India is dropping and may suffer its first full-year decline since Prime Minister Narendra Modi came to power in 2014. The reversal from strong numbers in PM Modi's initial years in charge may indicate that investors are being deterred by

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The government said last week, it would inject Rs 48,239 crore into 12 state lenders

The Reserve Bank of India (RBI) lifted regulatory constraints on three banks on Tuesday after they received a capital injection from the government. The RBI had imposed lending curbs on 11 state banks over the past few years after their capital ratios fell below

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Sovereign gold, however, remained unaltered at Rs 26,600 per piece of eight grams in limited deals.

Gold prices fell by Rs 60 to Rs 34,530 per 10 grams at the bullion market on Tuesday reported news agency Press Trust of India (PTI). The prices fell on weak trend overseas amid easing demand from local jewellers at prevailing levels, said the report

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The different loan products of SBI are home loan, car loan, personal loan and education loan.

State Bank of India (SBI), the country's largest lender, offers a variety of loans to meet financial needs of its customer under its personal finance portfolio. The different loan products of SBI are home loan, car loan, personal loan and education loan.

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Jio may surpass Vodafone Idea service revenues in FY 19-20, according to the report.

New Delhi: 

Over the next 12 months, Reliance Jio is expected to reach the top position on both subscriber and service revenue metrics and it expects to surpass Vodafone Idea service revenues in FY 19-20, according to a report by Bernstein.

But the report also warns

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Warren Buffett spoke after Kraft Heinz took a $15.4 billion writedown for Kraft and Oscar Mayer brands

Warren Buffett said on Monday his Berkshire Hathaway Inc overpaid in the 2015 merger that created Kraft Heinz Co, but he had no plans to flee the struggling packaged foods company.

Mr Buffett spoke four days after Kraft Heinz took a $15.4 billion

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Rupee rose by 17 paise to close at 70.97 against the US dollar.

The Indian rupee on Monday rose by 17 paise to close at 70.97 against the US dollar in line with most Asian currencies amid hopes that the US and China will soon reach an agreement to settle their trade tariff issues.

Besides, the American currency''s weakness against its major rivals

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Airtel's Rs. 399 postpaid plan offers unlimited calling, 40 GB 3G/4G data per month

Leading telecom operators such as Bharti Airtel, Vodafone Idea and Reliance Jio are offering a number of postpaid plans with multiple benefits to attract customers. Besides the regular unlimited calling and data benefits, telecom companies are also offering

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Most banks offer fixed deposits starting from seven days up to a tenor of 10 years.

A fixed deposit (FD) account, also called as term deposit account, 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. This means, the interest rate remains

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Fortis Healthcare Ltd petitioned market regulator to arrest its founders after the Singh brothers failed to repay Rs 400 crore ($56 million) that the watchdog had found they had fraudulently taken out.

The company earlier this month had requested the Securities and Exchange Board of India to use its legal authority to recover the money from

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