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Max India shares closed 3.95 per cent lower at Rs 80.30.

Healthcare firm Max India said on Monday it would sell a majority stake in its hospital-operating joint venture to KKR-backed Radiant Life Care Pvt Ltd, resulting in a listed company worth Rs 7,242 crore ($1.03 billion). In a so-called reverse merger, Radiant will buy out the other JV

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The decline in fuel prices come amid downward movement in global crude oil prices.

New Delhi: 

Domestic fuel prices declined for the second consecutive day with petrol prices falling around 20 paise in the four metropolitan cities.

In the national capital, petrol was sold at Rs 70.07, down from Rs 70.27 per litre on Saturday, according to data on the

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Gold is accepted in the form of raw gold such as gold bars, coins and jewellery, said SBI.

SBI or State Bank of India, the country's largest lender, offers Revamped Gold Deposit Scheme (R-GDS), which is a fixed deposit scheme in gold. A fixed deposit is a financial instrument provided by banks, which provides investors a higher rate of interest

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Bank employees have called a strike on Wednesday, December 26, a day after the December 25 holiday for Christmas. With the failure of conciliation talks, about 10 lakh employees in private and government banks would go on strike on December 26 protesting against the merger of Bank of Baroda, Dena Bank and

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All the banks also charge an annual maintenance fee on possession of an ATM.

All major public and private banks in the country levy charges on customers for various uses of an ATM-cum-debit card. The customers are charged for transactions at ATMs over and above the mandated numbers of free transactions, as directed by Reserve Bank of India (RBI).

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Markets elsewhere were mixed, with European bourses flat or rising slightly, while Tokyo slid.

New York: 

Wall Street ended its worst week in a decade with more bruising losses Friday, and with the tech-rich Nasdaq entering a bear market amid worries about trade wars and a possible US government shutdown.

The Nasdaq and Dow suffered their worst weeks

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Twenty-four of the 30 Sensex stocks finished in the red.

Declining for a third consecutive session, domestic stock markets closed in the red on Monday as political uncertainties in the US and slow global economic growth dampened investor risk appetite. S-P BSE Sensex dropped 271.92 points, or 0.76 per

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The daily direct flights introduced by the airline, will operate with effect from January 6, 2019.

Budget carrier SpiceJet announced the addition of Bhopal (Madhya Pradesh) to its network as its 50th domestic destination with introduction of new flights from the city. The daily direct flights introduced by the airline, will operate on

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The investment under Post Office FD qualifies for the benefit of Section 80C of the Income Tax Act.

India Post or Department of Posts, which runs the postal network of the country, offers a number of saving schemes with income tax benefits. Using these saving schemes, investor can claim a deduction up to Rs 1.5 lakh in a financial year from taxable

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Arun Jaitley said the government will look at transferring cement into a lower GST slab

Mumbai: 

The government is working towards a single national sales tax rate which could be a mid-point between 12 and 18 per cent, Finance Minister Arun Jaitley said on Monday, in an effort to simplify the tax structure.

The government set the range for the Goods

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The November series F-O expiry will take place on December 27.

Mumbai: 

The equity market is expected to be influenced by global cues such as the US government shutdown, the rupee's volatility and derivatives expiry during the upcoming week.

Additionally, investor sentiments will be swayed by developments in the ongoing winter session of

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After sending two pesky central bank governors packing in a little over two years, bureaucrats have turned their attention to unwinding the monetary authority's autonomy.

Their first move, unveiled Thursday, is an innocuous - even laudable - infusion of Rs 41,000 crore ($5.9 billion) into troubled state-run lenders, bumping up this fiscal year's

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Jim Pattison roars through rural Saskatchewan in his silver pickup truck, barreling down the prairie road that runs arrow-straight to the horizon. Tossed into the back seat is a sleeping bag and crimson pillow-the unlikely berth for Canada's self-made billionaire when he can't find a motel.

Observing the speed limit appears optional, using the turn

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Donald Trump is taking a political risk by gambling on a shutdown.

A partial U.S. government shutdown was almost certain to drag through the Christmas holiday after the Senate adjourned on Saturday without breaking an impasse over President Donald Trump's demand for more funds for a border wall.

With no deal in sight on a bill to fund the

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The economy grew at a 4.2 per cent pace in the April-June quarter.

Washington: 

The US economy slowed in the third quarter a bit more than previously estimated, but the pace was likely strong enough to keep growth on track to hit the Trump administration's 3 per cent target this year, even as momentum appears to have moderated further early in the

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Kalpataru, with a 49-year legacy, has found its way to Noida, where they have envisioned a first-of-its-kind living experience. Splendidly created, tastefully crafted and magnificently placed, Kalpataru Vista is more than just a building with four walls; it is about a life beyond them. A life that feels like a vacation, away from daily stress and

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Sovereign gold remained unchanged at Rs 25,000 per piece of 8 grams on little doing.

Breaking two-day rising streak, gold prices dropped by Rs 130 on Saturday to close at Rs 32,100 per 10 gm at the bullion market in the national capital, reported news agency Press Trust of India (PTI). Low demand from local jewellers coupled with weak global cues

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Petrol will cost only Rs 34.04 per litre and diesel Rs 38.67 per litre without taxes and dealer's commission in the national capital. Giving details of the prices of petroleum products as on December 19 in a written reply to the Lok Sabha, Minister of State for Finance Shiv Pratap Shukla said the incidence of taxes and dealers commissions work out

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Losses in auto and metal stocks offset advances inIT and pharma counters

Domestic stock markets started the holiday-shortened week on a lacklustre note, amid a subdued trend in Asian peers on global growth concerns. Benchmark indices Sensex and Nifty opened higher but moved in a narrow range see-sawing

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Finance Minister Arun Jaitley said the GST rate cut will lead to a revenue loss of Rs 5,500 crore

New Delhi: 

Finance Minister Arun Jaitley on Saturday expressed confidence that the government will meet the fiscal deficit target of 3.3 per cent of GDP for the current fiscal year, despite a revenue loss due to reduction in GST (Goods and Services

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The rupee gained 172 paise or 2.4 per cent on weekly basis

Mumbai:  Breaking four-day rising streak, the rupee slipped by 48 paise against the dollar to close at 70.18 on Friday, on month-end dollar demand and sharp losses in domestic equities, reported Press Trust of India (PTI). Increased dollar demand from importers mainly oil

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The new GST rates will come into effect from January 1, 2019.

New Delhi: 

Lauding the GST Council's decision to reduce the tax rates on several items and services, Ficci's President Sandip Somany on Sunday said a gradual reduction in GST rates would further stabilise and strengthen the tax regime.

The Goods and Services Tax (GST) Council in its 31st

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GST Council Meeting: The new GST rates will come into effect from January 1, 2019.

The Goods and Services Tax (GST) Council, headed by Finance Minister Arun Jaitley, on Saturday cut rates on 23 commonly used items such as TV screens, movie tickets and power banks. The council rationalised the 28 per cent slab by shifting seven items to lower tax

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Sovereign gold held steady at Rs 25,000 per piece of 8 grams on restricted activity.

Rising for the second straight session, gold prices on Friday jumped Rs 230 to close at Rs 32,230 per 10 grams at the bullion market in the national capital reported news agency Press Trust of India (PTI). The prices rose on the back of increased demand from local

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Mumbai: 

An Indian start-up is turning its attention towards usurping the West's largest hotel chains after establishing itself as India's biggest player and shaking up the Chinese market.

Oyo Rooms, which specialises in no-frills accommodation, was only formed in 2013 but is already worth an estimated $5 billion after receiving funding from

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GST meeting: The new GST rates will take effect from January 1, 2019, Finance Ministry Arun Jaitley said.

The Goods and Services Tax (GST) Council on Saturday removed seven items from the 28 per cent tax bracket. While six items, such as monitors and TVs up to 32 inches, digital cameras and video game

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Major laggards on the BSE were Wipro, Adani Ports, Maruti, Infosys, TCS and Bharti Airtel.

Domestic stock markets fell nearly 2 per cent on Friday tracking weakness across Asian markets, as investors remained jittery amid uncertain global cues. Bombay Stock Exchange (BSE) benchmark index Sensex closed at

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SBI charges certain fee per transaction for these money transfer services, the bank said.

State Bank of India (SBI) offers the facility of Immediate Payment Service (IMPS), National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) service for transfer of funds, or money, from one account to another through computer-based

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Fixed deposit interest rates vary across banks according to the tenor of a fixed deposit.

Fixed deposits or FDs are fixed-income instruments which guarantee a fixed rate of return on investments. The funds in these accounts have a specified date of maturity. Under this scheme, investor deposits his or her funds for a specified period of time and

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RBI announced the transfer of Rs 50,000 crore in dividend to government for this fiscal year in August

The government will likely renew its demand for Rs 13,140 crore ($1.9 billion) in additional dividend from the central bank helmed by newly-appointed governor Shaktikanta Das, two sources in the government told Reuters. The government believes the

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