Business

India is one of the fastest growing markets in Asia.

Brokerage firm HSBC upgraded Indian equities to "neutral" from "underweight" on Tuesday, saying valuations were more reasonable, investors' holdings were very low and strong earnings growth would continue next year. India is one of the fastest growing markets in Asia, with MSCI India EPS growth

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

Fixed deposits (FDs) are secure investment instruments offered by commercial banks, small finance banks, non-banking financial companies (NBFCs) and post offices. The funds in FD accounts are held for a fixed term and offer choice of interest payout and assured returns.

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Jet Airways has a market capitalisation of 35.03 billion rupees as of last close.

Jet Airways Ltd, the biggest full-service carrier in India, has been under dark clouds for the past few months. While intense pricing competition, weak rupee and rising fuel costs have hurt Indian airlines like IndiGo owned by InterGlobe Aviation Ltd and SpiceJet Ltd,

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Foreign institutional investors made fresh purchases worth Rs 62.74 crore Monday, as per provisional data

The rupee depreciated by 15 paise to 71.02 against the US dollar in early trade on Tuesday at the interbank foreign exchange, after US President Donald Trump suggested a tariff hike on Chinese goods,

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Gold prices today: Sovereign gold a rose by Rs 100 to Rs 24,800 per piece of 8 gram.

Gold prices rose by Rs 100 to Rs 31,850 per 10 gram on Monday amid buying by local jewellers and positive global sentiment, reported news agency Press Trust of India (PTI). The demand from local jewellers at the domestic spot market mainly kept gold prices higher

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"We should not shy away from discussions or have a fresh look," Mr Garg said.

The government wants to discuss changes to the Reserve Bank of India's governance structure at a board meeting next month, including setting up some oversight panels, Economic Secretary Subhash Chandra Garg told ET Now. Garg, who is a government nominee for the RBI board,

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In April-June, the gross domestic product (GDP) had grown by 8.2%.

MUMBAI: Ahead of the official release of the second-quarter GDP figures, State Bank of India (SBI) has  estimated the country's economy to expand by 7.5-7.6 per cent, slower than the prior quarter, mainly on account of a slowdown in rural demand. The largest lender also said in its

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The rupee is down about 11% against the dollar so far this year

Breaking a winning streak of seven consecutive sessions, the rupee weakened by 18 paise to close at 70.87 against the dollar on Monday. Monday's move in the rupee marked the first time the rupee closed weaker against the dollar since November

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India's finance industry is letting a good crisis go to waste by not learning from it.

The sudden $12.8 billion bankruptcy of infrastructure lender IL-FS Group, currently sequestered under a government-blessed, out-of-court process, underscores India's lack of preparedness to handle a big shift in lending in recent years - away from banks.

Before

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Twenty out of 50 Nifty stocks advanced in trade.

The domestic stock markets started Tuesday's session on a flat note, with a negative bias. The S-P BSE Sensex started at 35,394.77 against its last close of 35,354.08 and the Nifty50 barometer of the National Stock Exchange (NSE) opened at 10,621.45 against its previous close of 10,628.60.

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Government expected to miss disinvestment target of Rs 80,000 crore in 2019, India Ratings said.

MUMBAI: The fiscal deficit target for the year ending March 2019 is set to be missed due to a shortfall in revenues and lower-than-targeted disinvestment proceeds, India Ratings and Research said on Monday. The country's 2019 fiscal deficit target has

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BNP Paribas, Goldman Sachs International and Standard Bank Group are also appointed.

Airtel Africa, a unit of telecom operator Bharti Airtel Ltd, said on Monday it had appointed eight banks for an intended initial public offering (IPO) on an international stock exchange.

The company has appointed JP Morgan, Citigroup Inc, BofA Merrill Lynch, Absa

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Thirty-three analysts recommend buying Microsoft's stock, according to Refinitiv data.

SAN FRANCISCO: Just four months after Apple Inc breached the $1 trillion mark, the iPhone maker has lost its lead as Wall Street's most valuable company and is on the verge of being replaced by Microsoft Corp. Apple shares fell 1.77 per cent in extended trade

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IRCTC saloon has a kitchenette for cooking fresh food while on travel.

Indian Railways in association with Indian Railway Catering and Tourism Corporation (IRCTC) offers exclusive travel experience in saloon coaches to destinations of choice. Saloons, also known as 'Home on wheels', provide the comforts of home with a spacious living room, two

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INR Vs USD: On Thursday, rupee had closed at 70.69 after gaining 77 paise against the dollar.

The rupee gained 39 paise to 70.30 paise against the US dollar in early trade on Monday amid plunging crude oil prices, reported news agency Press Trust of India (PTI).

On Thursday, the rupee had closed at 70.69 after gaining 77 paise against the dollar .

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INR Vs USD: However, fresh foreign inflows restricted the decline in the local unit, traders said.

MUMBAI: The rupee depreciated by 15 paise to 71.02 against the US dollar in early trade Tuesday at the interbank foreign exchange, after US President Donald Trump suggested a tariff hike on Chinese goods. The domestic unit opened weak in line with

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Share markets on Monday: Twenty one out of 30 Sensex stocks closed in the green.

Domestic stock markets rose about 1 per cent on Monday, taking positive cues from Asian peers. Bombay Stock Exchange (BSE) benchmark index Sensex ended at 35,354.08, up 373.06 points or 1.07 per cent from the previous close, and

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The new rules will become applicable from December 5, said the CBDT notification.

The Income Tax Department has released a new set of rules for PAN (permanent account number) card applicants. The new PAN card rules, to come into effect from December 5, 2018, require financial entities which make transactions worth Rs 2.5 lakh or more in a financial

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Facebook crises this year have put immense pressure on Chief Operating Officer Sheryl Sandberg, undermining her authority and tainting an image that was burnished by the social-media company's meteoric rise.

Some of her staff, who saw the executive as larger than life, now blame her for Facebook's woes. At times, she prioritized her own brand over

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"IndiGo customers will NOT compulsorily have to pay for the seats," said the airline.

IndiGo said on Monday that it has not changed its web check-in policy under which customers can choose their seats online. The statement from the low-cost carrier came a day after it said that all seats under its web check-in policy would be chargeable. "Keeping i

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Reliance Jio Rs. 149 prepaid recharge pack offers 42 GB of data with a daily limit of 1.5 GB.

Telecom companies are offering data packs at attractive prices as they are highly popular among customers. Recently, Vodafone, Bharti Airtel, Idea and Mukesh Ambani-owned Reliance Jio have rolled out a host of new prepaid plans to attract customers.

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Large banks, however, are less likely to get any additional infusion this fiscal year to March.

NEW DELHI: The government will pump Rs 42,000 crore into debt-laden public sector banks in the remainder of the current financial year to March to improve their financial health, a senior Finance Ministry official said on Monday. "We will infuse the next

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Struggling carrier Jet Airways said on Monday it has appointed Robin Kamark as nominee director of stakeholder Etihad Airways PJSC with effect from December 1.

Mr Kamark, who has spent 17 years at Scandinavian Airlines System, will replace Harsh Mohan as nominee director, Jet said in a statement. Jet is 24 per cent owned by Etihad Airways.

Earlier

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Lenders also pay slightly higher interest rates on fixed deposits to senior citizens.

A fixed deposit (FDs) is a secure financial instrument offered by banks, which fetch guaranteed returns. In a fixed deposit account, money can be invested for a higher rate of interest than savings accounts. One can deposit a lump sum of money in fixed deposits for

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Sebi said the effective date will be January 1, 2020 for companies following a January-December cycle

Mumbai: 

Companies with outstanding long-term borrowing of Rs 100 crore ($14.11 million) or more will have to raise a fourth of their fresh financing needs in bonds as early as April 1, 2019, the Securities and Exchange Board of India (Sebi) said on

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Jet Airways sale: Flight tickets are valid for 12 months from the date of commencement of journey.

Jet Airways is offering domestic flight tickets at a starting all-inclusive price of Rs 1,313. The special fares are applicable on one way journey in economy class on select flight tickets, noted the carrier on its official website- jetairways.com.

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Major cause for increase in fraud incidents "appears to not having been adequately addressed, said report

Mumbai: 

Rounding off the year of India's biggest banking fraud on state-run Punjab National Bank (PNB), British professional services multinational Deloitte on Sunday said such frauds will continue to rise with banks continuing to "lack a

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SBI online: The bank provides several facilities to its customers through its internet banking portal

State Bank of India (SBI) enables its customers to customise its SMS alerts service through internet banking. In other words, subscribers of SBI's internet banking service can turn on/off and choose among different types of alerts through the

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Airlines have been looking at ways to increase their revenues from ancillary services.

NEW DELHI: The government said on Monday that it was reviewing airlines' decision to charge passengers for any of the seats selected at the time of web check-in to ascertain whether the move is in compliance with existing rules. No-frills airline IndiGo, which

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Charges towards a cheque bounce vary from one bank to another.

Cheque Bounce or dishonour of cheque occurs when a cheque that is presented in the bank cannot be processed for one reason or another. It happens when the account holder has non-sufficient funds (NSF) in the bank account or if the signatures on the cheque do not match with the original

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