Business

Sebi has passed this new order when a long-running legal dispute is going on in the SC.

In a fresh crackdown on Saharas, regulator Sebi has found another group firm to have raised over Rs 14,000 crore in violation of rules and has ordered the company and its then directors including Subrata Roy to refund the money with 15 per cent annual interest. 

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Revenue collections under the Goods and Services Tax (GST) crossed the Rs 1 lakh crore mark in October, Finance Minister Arun Jaitley said on Thursday. This was a marked improvement over the September GST collection (for August) which stood at Rs 94,442 crore.

Jaitley attributed the rise in the tax mop-up to lower tax rates and higher compliance.

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INR Vs USD: On Wednesday, rupee had plunged to close at nearly three-week low of 73.95.

MUMBAI: The rupee rebounded 11 paise to 73.84 against the dollar in early trade Thursday on increased selling of the American currency by exporters.

At the interbank foreign exchange, after opening higher at 73.88 rupee strengthened further to quote at 73.84

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Days ahead of Diwali, Reliance Jio has announced a limited-period sale of its 4G-enabled device JioPhone 2. The festive sale of JioPhone 2 - which is an upgraded version of JioPhone - will open from 12:00 pm on November 5 to November 12, 2018, according to the telecom company's website - jio.com. The festive sale of JioPhone 2 comes after several

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Top Court asked Amrapali Group to disclose the details of luxury cars owned by it.

A top executive of the beleaguered Amrapali group has to furnish by Thursday details of the benefits he received from the firm, after the Supreme Court was told that he got a luxury car worth Rs 43 lakh. A total of Rs 2 crore

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Amrapali CFO Chander Wadhwa got luxury car, had a liability of Rs 2 crore as income tax.

NEW DELHI: The Chief Financial Officer of the embattled Amrapali Group gets a monthly salary of Rs 50,000 a month but a sister company of the realty firm has paid Rs 2 crore as his income tax, the forensic auditors told the Supreme Court Wednesday. The top

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Sensex closed 10 points lower at 34,431 while Nifty settled at 10,380, down 6 points from previous close.

Domestic stock markets finished a choppy session on Thursday largely unchanged, despite easing of concerns about the central bank's autonomy and strong global cues. The Sensex closed 10 points lower at 34,431 while the Nifty settled at 10,380,

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INR Vs USD: The recent life-time low for the rupee was 74.485 per dollar on October 11.

The rupee rose marginally by 11 paise to 73.84 against the dollar in early trade on Thursday, reported news agency Press Trust of India (PTI). The dollar's weakness against some currencies overseas supported the rupee's

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On the 30-share Sensex, gains were led by HDFC, IndusInd Bank, Infosys, Axis Bank.

Domestic stock markets ended sharply higher on Wednesday led by financial services, IT and pharma shares. S-P BSE Sensex closed at 34,442.05, 1.63 per cent or 550.92 points higher, while the broader NSE Nifty settled at

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Fixed income instruments are ideal for risk-averse investors, say experts.

Diwali is considered to be the most auspicious time for making money. People invest, buy properties, trade in equities and engage in financial transactions around Diwali. For people who are aggressive investors, investment in equities is a top bet. However, for risk-averse

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Share Market Today: Thirty one out of 50 Nifty stocks advanced in trade.

Domestic stock markets started the month on a lacklustre note, despite easing of concerns about the central bank's autonomy and strong global cues. The markets swung between gains and losses amid cautious trade as losses in IT stocks offset gains in banking, metal and in

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The basic rules for online Tatkal quota booking are applicable to Premium Tatkal quota also.

IRCTC (Indian Railway Catering and Tourism Corporation), the online ticketing arm of Indian Railways, offers the quota of 'Tatkal' as well as 'Premium Tatkal' for passengers requiring to travel on a short notice. These options allow a person to book the

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Banks keep on revising their FD interest rates from time to time.

Fixed deposits (FDs) are secure financial instruments that offer guaranteed returns. In a fixed deposit account, money is deposited for a specific time. Most banks today offer a maturity period ranging from seven days to 10 years for fixed deposits. Money deposited in a savings

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INR Vs USD: On Wednesday, rupee had plunged to close at nearly three-week low of 73.95.

MUMBAI: The rupee rebounded 11 paise to 73.84 against the dollar in early trade Thursday on increased selling of the American currency by exporters.

At the interbank foreign exchange, after opening higher at 73.88 rupee strengthened further to quote at 73.84

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SBI levies a penalty from its customers failing to comply with its monthly average balance rules

SBI or State Bank of India has set certain rules applicable to its savings account customers. Individuals holding regular savings accounts with SBI are required to maintain a monthly average balance (MAB) to the tune of Rs 1,000-3,000, according to the

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Bajaj Firserv have many options which allow you to buy consumer products on loans.

Diwali fervor is in full swing and companies are leaving no stone unturned to garner maximum number of customers. Zero per cent interest, discount, and cashback offers are galore.  Diwali offers are available on a range of consumer products like electrical

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PM Narendra Modi has targeted a spot in the top 50 in World Bank's ease of doing business list.

China is closing the gap with its chief economic rival the US as a hassle-free place to do business.

In the World Bank's annual ranking of bureaucracy-busting economies, New Zealand again claimed the top spot after making it cheaper to set up a company.

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Every household in the country is entitled to 12 LPG cylinders at subsidised rates in a year

LPG or cooking gas prices were increased on Wednesday, marking the sixth monthly increase in a row since June. While the hike in subsidised LPG was to the tune of Rs 2.94 per cylinder in Delhi, the increase in non-subsidised cooking gas was Rs 60 per

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Sovereign gold, however, held unchanged at Rs 24,900 per piece of 8 grams.

Gold prices jumped by Rs 130 to Rs 32,780 per 10 grams at the bullion market on Thursday on persistent buying by local jewellers to meet festive season demand amid a firm trend overseas, reported news agency Press Trust of India. Silver, however, remained subdued and lost

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The survey also showed both output and input prices rose at a slower pace.

Manufacturers defied expectations for a slowdown and expanded activity at the fastest pace in four months in October, boosted by increasing new orders, a private survey showed on Thursday. The Nikkei/IHS Markit Services Purchasing Managers' Index rose to 53.1 last month from

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Mumbai: 

The new board of Infrastructure Leasing and Financial Services (IL-FS) submitted a plan to revive the debt-laden firm to a company law tribunal on Wednesday, paving the way to a potential resolution of the group's future.

The government this month took control of IL-FS, a major infrastructure financing and development company, after

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Currently, Jio and Bharti Airtel have a slew of prepaid recharge plans.

Amid high competition, telecom companies have time and again announced new offers and packs in order to increase their customer base. Competition in the telecom industry has picked up since the launch of billionaire Mukesh Ambani-owned Reliance Jio in September 2016. Currently,

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Jet Airways' Diwali sale: The travel period of Jet Airways' offer is different for diverse routes.

Jet Airways has announced up to 30 per cent discount on economy and premiere flight tickets under a special 'Diwali Sale' offer. The discount offer is applicable across the airline's network as well as on flights operated by carrier's codeshare

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New Delhi: 

Long known for its bureaucracy, India has made major strides in improving prospects for businesses in the country, the World Bank said in a report on Wednesday.

India rose 23 places to 77th in the World Bank's Ease of Doing Business Index for 2019, up from 100th in 2018 and 130th in 2017, when it was ranked lower than Iran and Uganda.

The

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Under the new offer, BSNL is providing extra talk time value on select recharge packs.

BSNL or Bharat Sanchar Nigam Limited has announced up to 8.8 per cent of additional talk-time on four recharge packs priced at Rs 80, Rs 180, Rs 410 and Rs 510. The announcement of additional talk-time from BSNL comes days ahead of the Diwali festival. Among the f

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INR Vs USD: In a month, nearly one-fifth of respondents expect rupee to hit new record low, shows survey.

BENGALURU: There will be little respite for the bruised rupee over the coming year, depressed by an escalating US-China trade war and rising domestic political risks ahead of a general election, a Reuters poll showed. Investors have generally

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Major telecom companies in the country today offer several prepaid plans with multiple GBs or gigabytes of data per day. From Bharti Airtel to Reliance Jio, telecom operators today offer recharge packs priced in the range of Rs 198-569 to provide to their prepaid subscribers 2-3 GBs of data per day, among other benefits such as free voice calls,

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Government is likely to announce new steps to support small and medium-sized businesses, such as increased access to credit and financial markets, at an industry event on November 2, the finance ministry said in a tweet.

Prime Minister Narendra Modi will launch a programme to support the businesses in New Delhi on Friday, the finance ministry said.

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Share Market Today: Thirty one out of 50 Nifty stocks advanced in trade.

The domestic stock markets opened in the green amid easing of tensions between the government and the central bank and strong global cues. The S-P BSE Sensex opened at 34,650.63 as compared to its last close of 34,442.05. The Nifty50 of the National Stock Exchange (NSE)

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The rupee finished the month with a total loss of 2% against the dollar

The rupee closed at 73.95 against the dollar on Wednesday, the lowest level in nearly three weeks. Demand for the greenback from importers and sustained foreign fund outflows, along with strength in the US currency overseas, dragged the

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