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The CSO is slated to release macro-economic data points of IIP and CPI on January 11.

Mumbai: 

The upcoming quarterly results season, along with release of macro-economic industrial production data and global developments on trade protectionist measures, are expected to determine trajectory of key equity indices next week.

Market observers opined

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New Delhi: 

State-owned Air India will commence new flight services to Allahabad from Delhi, Ahmedabad and Kolkata during "Kumbh Mela".

According to airline, flights will be operated from January 13 to March 30, 2019.

 

(Except for headline, this story has not been edited by TheIndianSubcontinent staff and is published from a syndicated feed.)

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A Financial Data Protection bill has been drafted that aims to address all these issue, he said.

New Delhi: 

The government is working with Reserve Bank (RBI) to look into cases of financial frauds involving amounts which are below Rs 1 lakh, IT (information technology) Minister Ravi Shankar Prasad said in Rajya Sabha on Friday. A Financial Data

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This is third bank strike in less than a month.

Banking services are likely to be hit across country on January 8-9 as a section of state-run bank employees have decided to go on a two-day strike in support of nation-wide strike call given by 10 central trade unions against government's alleged anti-worker

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Under Rs 499 plan, Airtel offers unlimited calling, 75 GB 3G/4G data per month with a rollover facility.

Telecom operators are offering a host of benefits with postpaid plans these days. Companies such as Bharti Airtel and Vodafone Idea are offering additional benefits such as subscription to Amazon Prime Video and Netflix along with regular

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Thirty three out of 50 stocks on Nifty finished session higher.

Breaking two-day fall, domestic stock markets ended Friday's volatile session on a positive note. The 30-scrip Bombay Stock Exchange (BSE) benchmark index closed at 35,695.10, up 181.39 points or 0.51 per cent, from previous close, and Nifty50

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As per a data of RBI, there were 2,21,492 ATMs in country as at September-end 2018.

A parliamentary panel has asked Reserve Bank of India (RBI) to address problem of perpetually dysfunctional ATMs so as to avoid any situation of forced cash crunch. The Standing Committee on Finance has also asked banks to install adequate number of ATMs.

The panel

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Jet Airways has a total of 124 aircraft, vast majority of which are leased.

Debt-laden Jet Airways is close to reaching a deal with State Bank of India for a fresh loan of Rs 1,500 crore ($215 million) to meet its working capital needs, two sources aware of matter told Reuters. The airline has scheduled a meeting on January 8 with its vendors and

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The Sensex and Nifty were on course to break a two-day fall

Domestic stock markets regained strength in afternoon on Friday, after see-sawing between gains and losses amid cautious trade earlier in session. The Sensex gained as much as 230 points to hit 35,744 at day's strongest point by afternoon, while

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India Post allows subscribers to open new NPS account and make subsequent contributions.

India Post or Department of posts, which runs postal network of country, also offers facility of opening accounts under National Pension System (NPS). NPS or National Pension System is defined as a contribution pension system that provides social security to

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Investment in five-year fixed deposits or tax-saving FDs - is locked in for a period of five years

Money invested in a five-year fixed deposit (FD) account offers income tax benefit - in form of deduction of taxable income - under Section 80C of Income Tax Act. Using this special type of fixed deposit or FD, investor can obtain a deduction up to

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Arun Jaitley said merger would create a bigger entity like SBI.

New Delhi: 

Finance Minister Arun Jaitley on Friday said in Lok Sabha that there would be no loss of jobs due to merger of public sector banks. Earlier this week, Cabinet approved merger of Vijaya Bank and Dena Bank with Bank of Baroda. Mr Jaitley said that there would be no job losses

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Bengaluru: 

The Karnataka coalition government increased state tax on petrol and diesel by 2 per cent with effect from January 1, said an official statement on Saturday.

"As fuel prices declined after fall in crude oil rates in overseas market since November, state tax has been revised 2 per cent to 32 per cent on petrol and to 21 per cent on diesel

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The government revises interest rates on small savings schemes every quarter.

The government offers nine small savings schemes and offers an interest rate of seven per cent and above on eight of them. The schemes -- Five-Year Recurring Deposit, Time Deposit (TD), Monthly Income Scheme, Senior Citizen Savings Scheme (SCSS), Public Provident Fund

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A sub-index tracking overall demand in sector declined to 52.7 last month from 53.3 in November.

Bengaluru: 

Growth in country's services sector slowed slightly in December, but firms hired at a faster clip on continuing optimism as new business and employment remained buoyant, a private survey showed on Friday. The Nikkei/IHS Markit Services Purchas

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The customers are charged for transactions at ATMs over and above mandated numbers of free transactions.

Major banks in country offer a fixed number of ATM-cum-debit card transactions free of cost ever month and charge customers for transactions at ATMs over and above these permitted numbers. The ATM card charges apply depending on type - whether

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At Interbank Foreign Exchange (forex), rupee opened on a firm note at 69.95.

Mumbai:  The rupee appreciated by 48 paise against dollar on Friday, marking its strongest single-session gain in two weeks. The rupee ended at 69.72 against greenback. Strength across Asian peers on easing of worries about global growth and US-China

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Of 11 major sectors in S-P 500, all but defensive real estate and utilities stocks closed in red.

New York: 

Wall Street plunged on Thursday after slowing US factory activity on heels of a dire revenue warning from Apple Inc fueled fears of a global economic slowdown.

The magnitude of Apple's holiday quarter revenue shortfall sent shockwaves

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A section of PSU bank employees would go on a two-day strike on January 8 and 9 in support of nation-wide strike call given by 10 central trade unions against government's alleged anti-worker policy. The All India Bank Employees Association (AIBEA) and Bank Employees Federation of India has informed Indian Banks' Association (IBA) of two-day

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The country's previous licensing rounds have been dominated by local firms.

New Delhi: 

The government will start auctioning for 14 oil and gas blocks in its second exploration licensing round on Monday, giving freedom to companies to carve out areas they want to drill. The blocks together hold undiscovered reserves of about 14,995 million tonnes of

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There has been no recent decision regarding 2,000 rupee note production, Subhash Chandra Garg said.

New Delhi: 

Government has not yet decided on further printing of 2,000 rupee notes as there are more than adequate notes of this denomination in system, Economic Affairs Secretary Subhash Chandra Garg said.

Printing of notes is planned as per

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IRCTC also offers secure online payment via it's e-wallet service.

 Indian Railway Catering And Tourism Corporation  (IRCTC), e-ticketing arm of Indian Railways, offers facility of booking tickets from comfort of home. For such bookings, IRCTC offers several payment options such as net banking, debit/credit cards and mobile wallets, which can be

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The train services across northern railways were affected due to low visibility.

The Northern Railway, a unit of Indian Railways, cancelled 55 trains while 25 trains remained partially cancelled and at least 11 trains were delayed on Friday as dense fog enveloped several parts of national capital, reported Press Trust of India (PTI). The situation,

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Interest-rate cuts could give a boost to lending and growth before general election

India's economy grew at a faster pace than most major nations in 2018, and this year, it's poised to overtake UK to become world's fifth-biggest.

But that journey won't be smooth. The outcome of a general election due by May is a potential pitfall for a nation

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Customers can add more to their savings with SBI's savings plus account.

State Bank of India (SBI), country's largest lender, provides different types of accounts where customers can save and grow their hard-earned money. SBI's savings plus account, one such product offered by bank, is a type of savings bank account linked to multi option deposit

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SBI offers maturity period ranging from seven days to 10 years for fixed deposits.

Fixed deposits (FDs) are secure investment avenue offered by commercial banks, non-banking financial companies, small saving banks and post offices. Also known as term deposits, these accounts offer higher rate of interest than savings accounts. The interest rates on

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On Thursday, rupee fell 2 paise to 70.20 against dollar.

The rupee appreciated 34 paise to 69.86 against US dollar in opening trade Friday amid weakening American currency and positive opening of domestic equity market. Forex traders said, American currency lost some ground against major currencies overseas, while on domestic front, equity market

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Jet Airways' discount offer is applicable on both one way and return journey.

Jet Airways on Saturday announced a discount of up to 50 per cent on domestic and international flight tickets under a special 'Global Sale' offer. Jet Airways' discount offer -- applicable on base fares in premiere and economy booking classes on select domestic and

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In previous three days, gold prices had surged by a total of Rs 565.

Snapping its three-day gains, gold on Friday declined by Rs 145 to Rs 32,690 per 10 grams at bullion market in national capital, reported news agency Press Trust of India (PTI). The fall came amid weaker dollar against rupee, said agency citing All India Sarafa Association.

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All Jet Airways India Ltd. ever needed was 1 rupee, or just 1.4 US cents, for providing hot meals and cold towels.

Since even that modest goal has proven elusive, India's longest-surviving private airline now needs bankers with spine to keep flying.

It's been clear for some time that Jet, falling behind even on pilots' wages, was going to skip a

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