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Business
Mr Goyal said even the parts of Tain 18 were manufactured in India.
Railway Minister Piyush Goyal on Sunday said that the indigenously built Train 18 will be called Vande Bharat Express and will run between New Delhi and Varanasi, the parliamentary constituency of Prime Minister Narendra Modi.
Speaking to reporters on the sidelines of an event here,
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Read more: Train 18 Named 'Vande Bharat Express': Piyush Goyal
Write comment (99 Comments)GoAir Flight Ticket Offer: Bookings under GoAir's sale offer can be made till January 26, 2019.
Budget carrier GoAir is offering domestic flight tickets at a starting all-inclusive price of Rs 999 under a special 'Republic Day' sale. GoAir's sale offer is applicable across airline's select 26 destinations, said the airline on its official website-
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Read more: GoAir Offers Flight Tickets From 999 Rupees In 'Republic Day' Sale
Write comment (99 Comments)Mr Goyal was earlier this week given the additional charge of Finance Ministry.
Finance Minister Piyush Goyal on Friday asked tax officers to refrain from being overzealous in tax administration, while appealing the industry to conduct business ethically. Addressing the Central Board of Indirect Taxes (CBIC) officers on the occasion of
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Read more: Piyush Goyal Asks Tax Officers To Refrain From Being Overzealous
Write comment (95 Comments)PPF vs NPS Comparison: NPS, PPF account offer financial security to subscribers at a later stage of life.
PPF (Public Provident Fund) account and National Pension System (NPS) account offer financial security to subscribers at a later stage of life. According to SBI's corporate website- sbi.co.in, PPF account provides an investment avenue with
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Read more: PPF Vs NPS: Interest Rates, Features, Benefits Compared Here
Write comment (93 Comments)The government is due to present the interim budget in Parliament on February 1. That will mark the last budget before the general election due by May this year. An interim budget, an annual financial statement of a government's
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Read more: Budget 2019: Key Things To Know Before February 1
Write comment (91 Comments)IndiGo's new flight offer comes amid high competition in the country's civil aviation sector.
IndiGo on Friday announced Istanbul as its 16th international destination. The airline will operate daily non-stop flights between Delhi-Istanbul at a starting price of Rs 23,999, with effect from March 20, 2019, stated the airline in a press release.
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Read more: IndiGo Announces New International Flights, Offers Tickets From Rs 23,999
Write comment (95 Comments)India Post permits cash withdrawals up to Rs 25,000 per day through its ATM card.
India Post or Department of Post offers several types of accounts such as saving account, fixed deposit account, senior citizen savings scheme (SCSS) account and recurring deposit account. The saving account of India Post, which has a network of more than 1.5 lakh
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Read more: Post Office ATM Rules: Cash Withdrawal Charges, Transaction Limits
Write comment (99 Comments)The interest rates on FDs vary according to separate maturity baskets across different banks.
Fixed deposit (FD) is a financial instrument provided by banks, non-banking financial companies (NBFCs) and post offices. In case of a bank fixed deposit, the annual returns on FDs do not change according to geopolitical and macroeconomic uncertainties.
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Read more: FD Interest Rates Paid By Major Banks On Deposits Below 1 Crores
Write comment (100 Comments)Thirty two out of 50 Nifty stocks closed in the negative zone.
Domestic stock markets finished Friday's session on a negative note. The S-P BSE Sensex ended 169.56 points lower, or 0.47 per cent, at 36,025.54 while, NSE's benchmark index Nifty closed at 10,780.55, down 69.25 points or 0.64 per cent from
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Read more: Sensex Closes 169 Points Lower, Nifty Ends At 10,780: 10 Things To Know
Write comment (97 Comments)Jet Airways is offering up to 50 per cent discount on domestic and international flight tickets.
Amid high competition in the country's civil aviation sector, airlines have come up with a host of offers on flight tickets to attract passengers and increase their customer base. National carrier Air India is currently offering domestic and
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Read more: Air India, Jet Airways Offer Discount On Flight Tickets, Details Here
Write comment (93 Comments)The Central government will infuse a fresh equity of Rs 1,500 crore into national passenger carrier Air India early next week, a senior official said on Friday.
According to the senior official from the Ministry of Civil Aviation, the amount is a part of second supplementary demands for grants for 2018-19 for gross additional expenditure.
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Read more: Government To Infuse 1,500 Crore Rupees Into Air India Next Week: Report
Write comment (91 Comments)Maruti Suzuki India Ltd posted a 17.2 per cent drop in third-quarter profit on Friday, missing consensus estimate, as rising commodity prices weighed on demand.
Profit for the automaker, majority-owned by Japan's Suzuki Motor Corp, fell to 1,489 crore rupees ($209.65 million) for the three months ended December 31, from 1,799 crore rupees a year e
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Read more: Maruti Suzuki's December Quarter Profit Dips 17%, Misses Street Estimates
Write comment (96 Comments)Cancellation of e-tickets through internet is permitted only before chart preparation of the train.
The railway administration reserves seats, berths and compartments in accordance with the rules and conditions published in the coaching tariff, said IRCTC (Indian Railway Catering and Tourism Corporation) on
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Read more: IRCTC Ticket Booking: 10 Things To Know About Online Reservation
Write comment (90 Comments)Counsel for NBCC said that total cost of the project would come around Rs 8 crore.
The Supreme Court on Friday gave National Building Construction Corporation (NBCC) a go-ahead to complete two stalled projects of embattled real estate firm Amrapali Group. The NBCC told the court that it has floated tenders for completion of two projects
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Read more: Supreme Court Directs NBCC To Complete 2 Stalled Projects Of Amrapali
Write comment (93 Comments)The top court's verdict caused a setback to operational creditors including and contractors
The Supreme Court on Friday upheld the Insolvency and Bankruptcy Code 2016 (IBC) in its entirety and constitutional validity, causing a setback to operational creditors including suppliers, customers and contractors.
A bench headed by Justice
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Read more: Supreme Court Upholds Insolvency Code, Setback For Operational Creditors
Write comment (93 Comments)The first train is slated to run between New Delhi and Varanasi, according to the report.
With all the safety clearances, trials and tests in place, the railways is all set to launch the indigenously-built Train-18 with fares that are likely to be around 40-50 per cent higher than the Shatabdi Express, officials said.
Officials said they
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Read more: Train 18 Fares Likely To Be 40-50% Higher Than Shatabdi Express: Report
Write comment (96 Comments)Zee Group on Friday suffered a loss in market capitalisation to the tune of Rs. 14,000 crore
Zee Group on Friday suffered a loss in market capitalisation to the tune of Rs. 14,000 crore after the shares of its entertainment arm tanked over 30 per cent in the wake of a media report that said its promoter company Essel Group was allegedly
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Read more: Zee Group Shares Crash On Report Of Money Laundering Post Notes Ban
Write comment (100 Comments)Interim Finance Minister Piyush Goyal said on Friday that Union minister Arun Jaitley, who is in the United States for medical treatment, was in good health and recovering rapidly.
Mr Jaitley, who ran the finance ministry, would not be presenting the interim budget on February 1, sources familiar with the matter told news agency Reuters
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Read more: Arun Jaitley In Good Health, Recovering Rapidly: Piyush Goyal
Write comment (97 Comments)The maximum balance amount that can be maintained in small account is Rs.50,000.
State Bank of India (SBI) offers certain accounts which are primarily meant for poorer sections of society to encourage them to start saving without any burden of charges or fees. Small account, one such product offered by SBI,
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Read more: SBI's Small Account: How It Works, Interest Rates, Other Details
Write comment (96 Comments)Moody's warned that while the government could accelerate stake sales in public sector banks
Pre-election measures and promises made by the Narendra Modi government to support farmers, small enterprises and low-income households will derail the country's fiscal consolidation roadmap, a global rating agency said on Friday.
Moody's Investors Service,
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Read more: Pre-Election Policies Raise Risk Of Fiscal Deficit Target Breach: Moody's
Write comment (99 Comments)Yes Bank posted nearly 7 per cent fall in its net profit for the quarter ended December 31, 2018.
Yes Bank shares continued their surge on Friday, a day after the private sector lender named a new CEO. Yes Bank shares surged as much as 13.74 per cent to Rs 245.00 on the National Stock Exchange (NSE) on
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Read more: Yes Bank Shares Surge After Lender Names New CEO: 10 Things To Know
Write comment (99 Comments)The Economic Survey usually provides policy perspective for the Union Budget.
The Economic Survey, which is released ahead of Budget, summarises the annual economic development in the country. It facilitates a better appreciation of the mobilisation of resources and their allocation in the Budget. The government is due to present the interim budget
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Read more: Budget 2019: What Is Economic Survey Here Are 5 Things To Know
Write comment (96 Comments)On Thursday, the rupee had gained 26 paise to end at 71.07 against the US dollar.
The rupee on Friday weakened by 10 paise to close at 71.17 against the US dollar amid increasing demand for the greenback from exporters and heavy selling in domestic equities. On a weekly-basis, however, the domestic currency registered a marginal gain of 2
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Read more: Rupee Closes Lower At 71.17 Against Dollar
Write comment (92 Comments)Railways' ambitious project, Train 18, has got "provisional" clearance from the Electrical Inspector to the Government (EIG), but it has laid down nine conditions for it to be made commercially operational, sources in the know told news agency Press Trust of India. The train, which sections of the railway ministry said could be flagged
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Read more: Train 18 Likely To Be Launched In A Week: Report
Write comment (92 Comments)The sale is valid for travel up to September 30, 2019, according to the airline's website- airindia.in.
National carrier Air India is offering domestic and international flight tickets at a starting all-inclusive price of Rs 979 and Rs 6,000 respectively under a special 'Republic Day' sale, said the airline on microblogging website Twitter-
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Read more: Air India Offers Flight Tickets From Rs 979 In New Flash Sale
Write comment (92 Comments)The Abu Dhabi-based carrier plans to raise its stake in Jet Airways from the current 24 per cent
Etihad Airways has appointed turnaround specialist Alvarez - Marsal to conduct due diligence on Jet Airways as it weighs bailing out the cash-strapped carrier, three sources familiar with the matter told Reuters. Executives from Alvarez - Marsal
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Read more: Etihad Hires Turnaround Expert As It Weighs Jet Airways Bailout: Report
Write comment (90 Comments)Gains were led by buying in IT, FMCG, banking and metal stocks.
Domestic stock markets started Friday's session on a higher note tracking positive global cues. The S-P BSE Sensex rose as much as 279.38 points to touch 36,474.48, while the Nifty50 barometer of the National Stock Exchange surged by 81.9
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Read more: Sensex Rises Over 250 Points, Nifty Above 10,900: 10 Things To Know
Write comment (95 Comments)Mumbai ranked second in the consumer choice index while Gurugram was at the fourth position.
Country's IT hub Bengaluru is the top investment choice among home buyers, followed by Mumbai, a report by Track2Media Research said.
According to the "Best Practices Report 2019", the cosmopolitan character of the city, job opportunities in the
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Read more: Bengaluru Top Investment Choice Among Home Buyers, Mumbai Second: Report
Write comment (92 Comments)Net profit was Rs 2,042 crore ($286.84 million) in the three months to December 31, 2018.
Industrial conglomerate Larsen - Toubro Ltd posted a 37 per cent surge in third-quarter profit on Friday, beating analysts' expectations, due to strong execution in project and service businesses.
Net profit was Rs 2,042 crore ($286.84 million) in the three
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Read more: Larsen Toubro Profit Jumps 37% To Rs 2,042 Crore In December Quarter
Write comment (99 Comments)Post office Senior Citizen Savings Scheme can be opened by an individual of 60 years or above.
India Post or Department of Posts, which runs the postal network of the country, offers a number of saving schemes with different interest rates. Senior Citizen Savings Scheme (SCSS) is one among the nine small savings schemes offered by post office. The
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Read more: Post Office Offers Senior Citizen Savings Scheme: 10 Things To Know
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