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Sovereign also weakened by Rs 100 to Rs 24,700 per piece of eight grams on Friday.
Gold prices on Friday fell by another Rs 150 to Rs 32,250 per 10 grams at the bullion market due to muted demand, the third straight session loss for the precious metal, reported Press Trust of India (PTI). Silver too followed suit and fell by Rs 600 to Rs 38,400 per
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Read more: Gold Prices Fall For Third Straight Day: 5 Things To Know
Write comment (91 Comments)In July 2018, Fortis' board had accepted an offer from IHH Healthcare Berhad to invest Rs 4,000 crore.
Fortis Healthcare Ltd on Thursday said its Chief Executive Officer (CEO) Bhavdeep Singh has resigned from the position. The board of directors at Fortis has considered and accepted his resignation, the country's second-largest hospital
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Read more: Fortis Healthcare CEO Bhavdeep Singh Resigns
Write comment (98 Comments)"Brent oil may slide further into a range of $68.59-$69.69 per barrel," said Reuters analyst Wang Tao.
SINGAPORE: Oil markets on Friday remained weak as rising supply and concerns of an economic slowdown pressured prices, with US crude now down by 20 per cent since early October. US West Texas Intermediate (WTI) crude oil futures were at $61.63 per
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Read more: Crude Oil Prices Slump 20% From October Highs, Enter Bear Market
Write comment (94 Comments)Total reserves had declined by $1.444 billion to $392.078 billion for the previous reporting week
After multiple weeks of decline, the country's foreign exchange reserves swelled by $1.054 billion to $393.132 billion in the week to November 2, driven by a jump in foreign currency assets and gold holdings, data from the Reserve Bank of India
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Read more: Forex Reserves Jump By Over $1 Billion To $393 Billion In A Week
Write comment (100 Comments)US President Donald Trump has been backing reforms in H-1B visas, popular among Indian IT professionals.
The US administration wants to use H-1B visa to woo workers for highly-skilled, rather than merely for "outsourcing roles", the White House said, even as a coalition of American employers alleged that there has been a "dramatic increase" in the
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Read more: H-1B Visa Petition: US Backs "Merit Immigration"; IT Firms Allege Delay
Write comment (100 Comments)Meanwhile, crude oil prices plunged into a bear market and the US central bank kept key rates unchanged.
The domestic stock markets started Friday's session on a negative note. The S-P BSE Sensex opened at 35,258.13 and the Nifty at 10,614.70. In the first few minutes of trade, the Sensex was at 35,046.44, down 191.24 points or 0.54 per cent
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Read more: Sensex Sheds Over 200 Points, Nifty Below 10,600
Write comment (96 Comments)Fuel prices: In Delhi, petrol was sold at Rs 77.89 per litre on Saturday.
The oil marketing companies (OMCs) slashed fuel rates by up to 18 paise per litre on Saturday across the four metro cities. In Delhi, petrol was sold at Rs 77.89 per litre on Saturday, according to Indian Oil Corporation (IOC). Petrol rates in Mumbai, Kolkata and Chennai were
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Read more: Petrol, Diesel Prices Cut By Up To 18 Paise Per Litre: 10 Things To Know
Write comment (90 Comments)Masked Aadhaar can be used for e-KYC at places where sharing of Aadhaar number is not necessary.
Masked Aadhaar can be used for e-KYC at places where sharing of Aadhaar number is not necessary, the UIDAI or Unique Identification Authority of India said on microblogging website Twitter. "Masked Aadhaar" helps users to take up e-KYC (Know Your
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Read more: This Aadhaar Card Does Not Reveal Your Full Identity Number. Details Here
Write comment (100 Comments)Earlier this week, private sector lender HDFC Bank revised its fixed deposit interest rates.
A fixed deposit (FDs) is a secure investment instrument offered by banks, non-banking financial companies and the post office. Investment in a fixed deposit account fetches guaranteed returns. In a fixed deposit account, money can be invested for a higher
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Read more: Interest Rates Offered By Banks On Fixed Deposits Below Rs 1 Crore
Write comment (91 Comments)The rupee had rebounded by 12 paise to end at 73 per US dollar on Tuesday
The rupee appreciated by 50 paise against the dollar to close at 72.50 on Friday. Selling of dollars by exporters supported the rupee, say analysts. The dollar, which had weakened following the US midterm election results, staged a
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Read more: Rupee Jumps By 50 Paise To Close At 72.50 Against Dollar: 10 Points
Write comment (97 Comments)Losses in IT, energy and metal stocks pulled the markets lower
Domestic stock markets finished the last session of the holiday-shortened week on Friday on a negative note amid weakness in Asian peers. The S-P BSE Sensex declined 79 points - or 0.2 per cent - to end at 35,158, while the Nifty index of the
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Read more: Sensex Closes 79 Points Lower, Nifty Ends At 10,585: 10 Things To Know
Write comment (90 Comments)The discount offer on Ola rides is available in select cities including Mumbai, according to SBI
SBI or State Bank of India has announced a discount of up to Rs 250 on booking of an Ola cab ride in a limited-period scheme. The offer, SBI said on microblogging website Twitter, is valid till December 15, 2018. In order to avail the discount, the user
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Read more: How To Avail 250 Rupee Discount On Ola Ride Through BHIM SBI Pay
Write comment (93 Comments)Small finance banks offer high interest rates on recurring deposits and fixed deposits as well.
Small finance banks may be niche banks, catering to a small section of customers, but the interest rates that they offer on savings bank accounts are much higher than larger peers. Consider this: large banks like State Bank of India (SBI), HDFC Bank and
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Read more: These Banks Offer Up To 7% Interest On Savings Bank Accounts
Write comment (91 Comments)The latest inflation data is due on November 12.
Retail inflation likely slowed to its slowest pace in 12-months in October after food and fuel costs fell, keeping the official consumer prices gauge below the central bank's medium-term target for a third consecutive month, a Reuters poll found. With the battered rupee gaining slightly against the
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Read more: October Inflation May Hit 12-Month Low, Below Reserve Bank Target: Poll
Write comment (98 Comments)Even during the extended period, partial withdrawals are allowed from PPF accounts.
Public Provident Fund (PPF) is possibly one of the best among small savings schemes because the entire income that you earn on it is tax-free. However, PPF accounts offer tax benefits. While the maturity period of a PPF account is five years, it can be extended for
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Read more: When Public Provident Fund (PPF) Works Like Fixed Deposit (FD)
Write comment (93 Comments)Earlier this year, IRCTC revised its website adding a new User Interface (UI).
Indian Railways passengers would be unable to book and cancel train tickets through IRCTC's website, irctc.co.in, on November 10, 2018 said IRCTC, which handles the catering, tourism and online ticketing operations of the Indian railways. "Booking and cancellation for
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Read more: Why You Won't Be Able To Book A Train Ticket Via IRCTC At This Hour
Write comment (91 Comments)Both Brent and WTI have declined by around 20% from the four-year highs they reached in early October.
Oil-marketing companies slashed the prices of petrol across the four metro cities on Friday. Petrol was priced at Rs. 78.06 per litre in New Delhi, Rs. 79.98 per litre in Kolkata, Rs. 83.57 per litre in Mumbai and Rs. 81.08 per litre in Chennai,
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Read more: Petrol Prices Below Rs 80-Mark In New Delhi, Kolkata. Check Rates Here
Write comment (99 Comments)GoAir, Jet Airways offer: Offers from airlines come amid high competition in country's aviation market.
Airlines have announced a host of discounts on domestic and international flight tickets. GoAir is offering a 13-day special sale across all sectors, offering up to 13 lakh seats with flight ticket prices starting from Rs. 1,313, according to the
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Read more: GoAir, Jet Airways Announce Discounts On Flight Tickets. Details Here
Write comment (94 Comments)Bank deposits fell Rs 15,050 crore to Rs 117.71 lakh crore in the two weeks to October 26.
Bank loans rose 14.6 per cent in the two weeks to October 26 from a year earlier, while deposits rose 9 per cent, the Reserve Bank of India's weekly statistical supplement showed on Friday. Outstanding loans rose Rs 40,740 crore ($5.62 billion) to Rs 90.34
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Read more: Bank Loans Rose 14.6% In Two Weeks To October 26: RBI
Write comment (93 Comments)Northern Railway has announced new special trains to cater to excess demand.
Amid festive season, Northern Railway, an arm of the Indian Railways, has announced new special trains to cater to excess demand. "In order to clear extra rush of passengers during festival season, Northern Railway in coordination with other Zonal Railways has planned to
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Read more: Indian Railways Introduces New Special Trains. Check Routes, Timings Here
Write comment (94 Comments)Every employee must keep checking the balance deposited every month in his EPF account.
Employees' Provident Fund (EPF) requires mandatory contribution from every employee towards his or her retirement savings. Companies employing more than 20 people have to compulsorily make contributions towards the EPF. So basically, both the employee and the
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Read more: How To Check Your Employees' Provident Fund (EPF) Balance
Write comment (100 Comments)Since June rates have gone up every month because of the GST paid on higher base price.
NEW DELHI: Domestic cooking gas LPG prices have been hiked by over Rs 2 per cylinder after the government increased the commission paid to LPG dealers. A 14.2-kg subsidised LPG cylinder in Delhi will now cost Rs 507.42 as against Rs 505.34 previously, according
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Read more: Cooking Gas Price Hiked For Second Time This Month
Write comment (91 Comments)The indexes were set to finish the trading week about half a per cent higher.
The domestic stock markets recouped early losses amid strong global cues by the afternoon session on Friday. At 12:11 pm, the S-P BSE Sensex traded at 35,241.22 , up 3.54 points or 0.01 per cent, and the Nifty50 index of the National Stock Exchange (NSE) was at
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Read more: Sensex Recoups Early Losses, Nifty Hits 10,600
Write comment (92 Comments)IRCTC SBI card: Customers can get up to 10% value back on base fare as reward points.
IRCTC or Indian Railway Catering and Tourism Corporation, which handles catering, tourism and online ticketing operations of the Indian Railways, offers SBI Railway Card, a one-of-its-kind credit card that offers you free railway tickets and a host of
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Read more: How To Get Free Train Tickets Using IRCTC SBI Platinum Card
Write comment (95 Comments)Oil peaked in October on concerns that U.S. sanctions on Iran that came into force this week
Oil prices fell to multi-month lows on Friday as global supply increased and investors worried about the impact on fuel demand of lower economic growth and trade disputes. Benchmark Brent crude fell below $70 a barrel for the first time since early
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Read more: Crude Oil Dips Below $70 Per Barrel Mark For First Time Since April
Write comment (94 Comments)The discount offer on Ola rides is available in select cities including Mumbai, according to SBI
SBI or State Bank of India has announced a discount of up to Rs 250 on booking of an Ola cab ride in a limited-period scheme. The offer, SBI said on microblogging website Twitter, is valid till December 15, 2018. In order to avail the discount, the user
- Details
- Category: Business
Read more: How To Avail 250-Rupees Discount On Ola Ride Through BHIM SBI Pay
Write comment (97 Comments)SBI small savings account allows a maximum balance of Rs. 50,000 at any point of time.
State Bank of India (SBI)'s minimum balance rules, or monthly average balance (MAB) rules, mandate the balance that the account holder is required to maintain in a month and the penalty charges for non-compliance. SBI or State Bank of India last updated its a
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Read more: State Bank Of India Accounts That You Can Operate With Nil Balance
Write comment (95 Comments)The government and the RBI have been clashing on several issues including the reserves question.
MUMBAI: There is no proposal from the government to ask the central bank to transfer its surplus reserves, said Subhash Chandra Garg, economic affairs secretary in the finance ministry, in a tweet on Friday.
He said the government's fiscal math "is
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Read more: No Proposal From Government Seeking RBI's Surplus Reserves: Top Official
Write comment (93 Comments)INR Vs USD: Softening crude prices, results of US-mid-term polls lifted the rupee, traders said.
The rupee extended its gains by 35 paise to trade at 72.65 against the US dollar in early trade on Friday, reported news agency Press Trust of India (PTI). Softening crude oil prices and the results of
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Read more: Rupee At 72-Levels Amid Easing Crude Oil Prices: 10 Points
Write comment (92 Comments)Arun Jaitley spoke about surging growth of RuPay and UPI, on the second anniversary of notes ban.
Finance minister Arun Jaitley said on Thursday that Mastercard and Visa were losing market share to domestic payments networks, months after Mastercard complained to the US government that Prime Minister Narendra Modi was using nationalism to promote a
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Read more: Mastercard, Visa Losing Out To RuPay, UPI In India: Arun Jaitley
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