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Business
Jet Airways' offer on flight tickets is applicable on select booking classes only.
Jet Airways' "Diwali Sale" has been extended till November 11, 2018, stated the carrier on it's official website- jetairways.com. Under the offer, the airline is offering up to 30 per cent discount on domestic and international flight tickets. Passengers can book
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Read more: Jet Airways' "Diwali Sale" Extended, Flight Tickets From Rs 1,998
Write comment (97 Comments)US Secretary of State Mike Pompeo Mike Pompeo said that over 20 countries have cut oil imports from Iran
The United States has granted exemptions to eight countries allowing them to temporarily continue buying Iranian oil, Secretary of State Mike Pompeo said on Monday, as Washington reimposed sanctions on Iran's banking, energy and
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Read more: US Grants Temporary Iran Oil Waivers To India, Seven Other Countries
Write comment (90 Comments)Finance companies need to review their funding model, says Corporate Affairs Secretary Injeti Srinivas.
NEW DELHI: Non-banking housing finance companies are facing liquidity stress, Corporate Affairs Secretary Injeti Srinivas said on Monday.
Srinivas said the finance companies need to review their funding model so that they can aim for sustainable
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Read more: Non-Banking Housing Finance Lenders Under Liquidity Stress: Top Official
Write comment (95 Comments)Jet Airways' offer is applicable on select booking class only.
Jet Airways' 'Diwali Sale' offer has been extended till November 11, 2018, stated the carrier on it's official website- jetairways.com. Under the offer, the airline offering up to 30 per cent discount on domestic and international flight tickets. The offer is applicable on base fare in
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Read more: Jet Airways' 'Diwali Sale' Offer Extended Till November 11: 5 Points
Write comment (99 Comments)Sales in the country were flat, while those in South Africa fell about 3 percent, Cipla said.
Cipla Ltd, country's second-largest drugmaker by market capitalisation, warned on Monday of "multiple headwinds" in the second half of the financial year after its quarterly profit fell short of analysts' estimates. Shares of the company declined as much
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Read more: Cipla Q2 Net Profit Falls 11%, Misses Street Estimates
Write comment (96 Comments)INR Vs USD: The rupee on Friday clocked its biggest single-day gain in over five years.
MUMBAI: The rupee depreciated 34 paise to 72.79 against the US dollar in early trade at the interbank forex market Monday on foreign fund outflows.
The rupee opened lower at 72.76 per dollar against previous close of 72.45 and dropped further to quote 34 paise
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Read more: Rupee Loses 34 Paise Against Dollar In Early Trade
Write comment (90 Comments)Sensex Today India: Twenty six out of 50 Nifty stocks advanced in trade.
The domestic stock markets opened in the green on Tuesday, a day ahead of Diwali. The S-P BSE Sensex started at 35,076.24 as compared to Monday's close of 34,950.92. The Nifty50 index of the National Stock Exchange (NSE) opened at 10,552, against its previous close of
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Read more: Sensex Surges Over 150 Points, Nifty Above 10,550
Write comment (97 Comments)Jet Airways will also commence non-stop flights between Pune and Singapore this winter.
Jet Airways commenced its new non-stop service between Mumbai and Manchester on Monday, the carrier said in a press release. This new service is the first non-stop service connecting India, via Mumbai, with Manchester and the fifth direct service between India
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Read more: Jet Airways Commences Non-Stop Mumbai-Manchester Flights, Details Here
Write comment (92 Comments)The central bank surprised markets and kept interest rates on hold last month.
Activity in country's dominant services sector increased at its fastest pace in three months in October, driven by a strong pick-up in new business, a private survey showed on Monday. The Nikkei/IHS Markit Services Purchasing Managers' Index rose to 52.2 last month from
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Read more: 'Services Activity In October Expands At Fastest Pace In Three Months'
Write comment (92 Comments)INR Vs USD: On Monday, the rupee tumbled 67 paise to close at 73.12 against the US dollar.
MUMBAI: The rupee recovered 21 paise to 72.91 against the US dollar early Tuesday on increased selling by exporters.
The dollar's weakness against some currencies overseas and a better opening of the domestic equity market also supported the rupee, dealers
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Read more: Rupee Up 21 Paise Against Dollar In Early Trade
Write comment (91 Comments)Dhanteras: Both gold and silver are being purchased, says Mr Khandelwal.
NEW DELHI: Gold and jewellery sales in the morning trade remained subdued this Dhanteras Monday owing to sluggish demand from consumers amid high prices, according to industry players. However, organised players like P C Jewellers are expecting better sales later during the
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Read more: Dhanteras 2018: Gold Sales Subdued Amid High Prices
Write comment (97 Comments)Diwali 2018: The investment strategy varies from one person to another.
Diwali, the festival of lights, is considered an auspicious occasion for making money. It is generally believed that any investment made during the Diwali period can provide better returns. From equities and gold to fixed income instruments like fixed deposits (FDs) and
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Read more: 10 Investment Options That Can Make You Money This Diwali
Write comment (93 Comments)DHFL said it has successfully conducted securitisation assignment of over Rs 6,600 crore.
MUMBAI: Housing finance company DHFL on Monday said that it has repaid a commercial paper (CP) worth Rs 1,775 crore.
According to the housing finance firm, since September 21, 2018 it has repaid commercial paper holders Rs 9,465 crore including buyback of CP
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Read more: DHFL Clears Outstanding Commercial Paper Of 1,775 Crore Rupees
Write comment (94 Comments)Share markets on Monday: Seventeen out of 30 Sensex stocks closed the session in the red.
Domestic stock markets ended Monday's session on a negative note amid weakness in the rupee and unabated foreign fund outflows. Bombay Stock Exchange (BSE) benchmark index Sensex closed 60.73 points or 0.17 per cent lower at 34,950.92. The Nifty50 index of the
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Read more: Sensex Closes 60 Points Lower, Nifty Settles At 10,528
Write comment (97 Comments)Dhanteras: Experts recommend buying gold this dhanteras as it provides support against inflation.
Gold prices traded in the green on the occasion of Dhanteras 2018. At 12:14 pm, gold price was at Rs 31,809 per 10 gram, up 0.19 per cent on the Multi Commodity Exchange (MCX). Silver prices followed suit after earlier trading in the red. Silver price
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Read more: Dhanteras 2018: Gold Price Above 31,800; Silver Rates Follow Suit
Write comment (96 Comments)Reliance Jio had in September announced introduction of mobile app WhatsApp on the JioPhone platform
Two days before Diwali, Reliance Jio launched a limited-period sale of JioPhone 2, the private sector telecom company's 4G-enabled device. The festive sale of JioPhone 2, an upgraded version of JioPhone, commenced at 12 pm on Monday, November 5,
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Read more: Reliance Jio Launches 8-Day Festive Sale Of JioPhone 2, Details Here
Write comment (95 Comments)Recovery in written-off accounts grew 14.6% to Rs. 1,327 crore in Q2, State Bank of India said
State Bank of India (SBI), the country's largest lender, on Monday reported a net profit of Rs 944.87 crore for the July-September period, registering a 40.3 per cent fall from Rs 1,581.55 crore in the corresponding period a year ago. The net profit was
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Read more: SBI Profit At Rs 945 Crore In September Quarter, Beats Street Estimates
Write comment (94 Comments)A savings bank account is a basic account that safeguards customer's money, said SBI.
State Bank of India (SBI), country's largest lender, offers a wide range of services under its personal banking portfolio. From savings bank account to small account, the lender provides a variety of options for customer's requirements. "Whatever your needs be- an
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Read more: Five Types Of Accounts That You Can Open With State Bank Of India (SBI)
Write comment (98 Comments)Apple shares extend losses of last week, when the company's market value slipped below $1 trillion
Apple's market capitalisation (M-Cap) or market value slipped below the $950-billion mark as shares of the iPhone maker fell, news agency Reuters reported. With that, Apple shares extended losses to a second consecutive day. Monday's fall came after
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Read more: Apple Shares Fall Over 4%, Market Value Dips Below $950 Billion: Report
Write comment (90 Comments)Dhanteras: Sovereign gold, however, held flat at Rs 24,900 per piece of 8 gram.
Gold prices rose by Rs 40 to Rs 32,690 per 10 gram as retailers and jewellers made token buying on the occasion of Dhanteras, reported news agency Press Trust of India (PTI). Buying gold, silver and other metals is considered to
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Read more: Dhanteras 2018: Gold Prices Rise On Token Buying: 10 Things To Know
Write comment (97 Comments)Rcom's revenue from operations fell 41.7 per cent to Rs 334 crore.
NEW DELHI: Reliance Communications Ltd posted a sharp rise in its quarterly profit on Saturday, as it recorded a one-time gain.
Net profit for the July-September quarter came in at Rs 6,798 crore ($939 million), compared to a profit of Rs 42 crore a year earlier.
Revenue from
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Read more: Reliance Communications Second Quarter Net Profit Jumps To Rs 6,798 Crore
Write comment (95 Comments)GoAir flight tickets under the scheme are available for travel from November 5, 2018 to November 4, 2019.
GoAir has announced a 13-day special sale across all sectors, offering up to 13 lakh seats with flight ticket prices starting as low as Rs 1,313, the carrier said. The fare of Rs 1,313 is all-inclusive. The booking period for GoAir's offer on
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Read more: GoAir Offers Flight Tickets From Rs 1,313 In 13-Day Special Sale
Write comment (95 Comments)Dhanteras: Snapdeal offer on Dhanteras is valid on gold jewellery pieces like mangalsutra, pendants etc.
E-commerce retailer Snapdeal is offering up to 60 per cent discount on gold jewellery on the occasion of Dhanteras, the company said. The Snapdeal offer on Dhanteras is valid on gold jewellery pieces like mangalsutra, pendants, earrings, chains,
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Read more: Dhanteras 2018: Snapdeal Offers Up To 60% Off On Gold Jewellery
Write comment (96 Comments)The domestic stock markets edged lower in opening trade on Monday. The S-P BSE Sensex started at 35,118.62 as compared to its previous close of 35,011.65. The Nifty50 index of the National Stock Exchange (NSE) opened at 10,558.75 against its last close of 10,553. At 9:25 am, the 30-share Sensex traded at 34,884.43, down 127.22 points or 0.36
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Read more: Sensex Down Over 50 Points, Nifty Below 10,550
Write comment (90 Comments)At the current level, the rupee is down 14.5% against the dollar so far this year
The rupee declined by 67 paise against the dollar to end at 73.12 on Monday. The sharp fall in the rupee came after two consecutive days of higher closing for the currency, in which the rupee moved 2 per cent higher against the
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Read more: Rupee Plunges By 67 Paise To Slip Below 73 Mark Against Dollar: 10 Points
Write comment (98 Comments)During Diwali and Dhanteras, buying of gold is considered to be auspicious.
On the occasion of Dhanteras, jewellery firms such as PC Jeweller, Kalyan Jeweller and Tanishq are offering discounts and cashbacks on select gold and diamond purchases. During Diwali and Dhanteras, buying of gold is considered to be auspicious. However, this Dhanteras
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Read more: Dhanteras 2018: Jewellers Announce Discounts, Cashbacks On Gold Purchase
Write comment (92 Comments)Banks keep on revising their FD interest rates from time to time.
Fixed deposits (FDs) are secure investment instruments offered by banks, non-banking financial companies, post office, which offer 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
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Read more: Here Are FD Rates Offered By Banks On Deposits Below Rs 1 Crore
Write comment (96 Comments)High prices and overall negative market sentiments led to fall in gold sales.
Keeping in tune with expectations, gold sales have notched a sharp fall of 40 per cent this year compared to 2017 Diwali owing to high prices and overall negative market sentiments, a leading retailers' body said on Monday.
"Though there are crowds, people are not
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Read more: Gold Sales Down 40% This Dhanteras, Says Retailers' Body
Write comment (90 Comments)Dhanteras: Gold demand has remained muted in the run up to the festive season.
Gold demand has remained muted in the run up to the festive season. While rupee depreciation - with the currency down around 13 per cent against the dollar year-to-date - has made imports costlier, domestic prices quoting at multi-year highs have kept the demand in
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Read more: Should You Buy Gold This Festive Season Here's What Wealth Planners Say
Write comment (93 Comments)Banks charge a penalty from the customers who fail to maintain an average monthly balance.
Regular savings bank accounts require customers to maintain a certain average monthly balance (AMB) every month. Leading banks such as State Bank of India (SBI), HDFC Bank and ICICI Bank have fixed their monthly average balance requirements according to the
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Read more: Minimum Balance Rules, Penalty For Insufficient Balance Of Key Banks
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