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The stock markets opened on a lower note on Tuesday. The S-P BSE Sensex opened at 33,935.88 as compared to its previous close of 34,134.38 and the Nifty50 index of the National Stock Exchange (NSE) started at 10,152.60 against its last close of 10,245.25. In the first few minutes of trade, the

The number of taxpayers earning above Rs 1 crore per annum has risen to over 1.40 lakh in the country in the last four years, depicting a growth of about 60 per cent, the Central Board of Direct Taxes (CBDT) said Monday. 

Releasing key statistics of income tax and direct taxes for a period of about four years, the policy-making body of the IT

GoAir is offering flight tickets at a starting all-inclusive price of Rs. 1,499, said the airline on microblogging website, Twitter. The fares under GoAir's scheme are applicable on travel from November 5, 2018 to January 31, 2019. The booking period of the offer ends on October

Reliance Jio has announced another instalment of flash sale for JioPhone 2, its 4G-enabled feature phone device. The flash sale of JioPhone 2 - which is an upgraded version of its existing feature phone called JioPhone - will begin at 12:00 pm on Thu

The Sensex and Nifty took their total losses to around 3% in three consecutive sessions

State Bank of India (SBI), country's largest lender, offers Pehla Kadam and Pehli Udaan savings accounts for minors. Pehla Kadam and Pehli Udaan are meant for children under the age of 18. While the Pehla Kadam account can be opened in the name of an

Net direct tax collections in the country grew by 15.7 per cent on a year-on-year basis to Rs 4.89 lakh crore in the current fiscal year till the third week of October, said a senior official on Monday quoting from the latest data. That meant over 42 per cent of the full-year direct tax collection target of Rs 11.5 lakh crore for the

Gold prices slipped by Rs 50 per 10 grams to Rs 32,220 per 10 grams at the bullion market in Delhi on Monday amid a weak global trend and slackened demand from local jewelers, reported news agency Press Trust of India. Silver rates also declined by Rs 100 per kilogram to Rs

Fixed deposits (FDs) are secure financial instruments, which offer guaranteed returns. In a fixed deposit account, money is deposited for a specific time, which varies from seven days to 10 years. Besides, fixed deposit offer higher interest rates than savings accounts. Normal savings accounts offer interest rates between 3-4 per cent usually.

The new board of debt-laden Infrastructure Leasing and Financial Services (IL-FS) will come up with a revival plan for the lender that could include selling stakes in some of its businesses, a government official said.

The official,

When is a currency manipulator not a currency manipulator When it's your friend.

That's the best conclusion to draw from the U.S. Treasury Department's latest report on the macroeconomic and foreign-exchange policies of major trading partners, handed up to Congress Wednesday.

Donald J. Trump @realDonaldTrump Russia and China are playing the

Key lenders in the country offer the service of ATMs but have certain charges for their customers for making transactions at ATMs. From State Bank of India (SBI) to private sector banks like HDFC Bank, ICICI Bank offer limited number of ATM

Asian Paints on Monday posted a 14.4 per cent fall in second-quarter profit, which missed analysts' estimates, hurt by higher expenses.

Net profit fell to Rs 493 crore ($67.02 million) in the September quarter from Rs 576 crore a year earlier, the company said in a statement.

Analysts, on an average, had expected the Mumbai-based company to post a

iPhone and Tesla touchscreens once made her China's richest woman. The U.S.-China trade war has made her the biggest loser in 2018 among Chinese billionaires.

Zhou Qunfei, the chairman of consumer electronics supplier Lens Technology Co., has lost 66 percent of her fortune, or $6.6 billion,

Recurring Deposit or RD is a kind of term deposit under which one needs to deposit a fixed amount at fixed interval, which generates interest income. On maturity, the depositor is paid a lump-sum amount which includes his/her periodic investments and the

On Friday, the rupee had settled 29 paise higher at 73.32 against the dollar

The rupee strengthened by 8 paise to 73.24 against the dollar in early trade Monday on increased selling of the US currency by exporters and banks amid easing crude prices. Forex dealers said weakness in the dollar against a few currencies overseas and early gains in domestic equities gave some support to the rupee.    

At the Interbank Foreign

Rising for the second straight session, gold prices spurted by Rs 45 to Rs 32,270 per 10 grams at the bullion market Saturday on increased buying by local jewellers and positive cues from overseas markets, reported news agency Press Trust of India. Silver too climbed by

The board at Infrastructure Leasing and Financial Services (IL-FS) said on Monday it has appointed two advisers for assisting them in its debt resolution exercise.

The newly-appointed board has chosen advisory firms, Arpwood Capital and

The domestic stock markets opened Monday's session on a positive note on fresh buying by investors. At 11:46 am, the (Bombay Stock Exchange) BSE benchmark index Sensex traded at 34,448.79, up 133.16 points or 0.39 per cent. The wider Nifty50 index of the National St

Bengaluru/New Delhi: HDFC Bank Ltd has reported record profit for the three months ending September 30 broadly in line with expectations, helped by higher interest and fee income. Net profit rose to Rs 5,005 crore ($682.16 million) for the quarter ended Sept 30, from Rs

Fixed deposits (FDs) are secure investment instruments offered by banks and non-banking financial companies, 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 money

All petrol pumps along with linked Compressed Natural Gas (CNG) dispensing units in the national capital are shut on Monday in protest against Delhi government's refusal to reduce Value Added Tax (VAT) on fuels. The protest started from 6 am on Monday and will remain till 5 am on

IRCTC (Indian Railway Catering and Tourism Corporation), which handles the catering, tourism and online ticketing operations of the Indian Railways, grants no refund on cancellation of confirmed Tatkal tickets/duplicate Tatkal tickets except in case of certain

The number of salaried and non-salaried taxpayers in the country, and their average income declarations have increased over the past three years, the Central Board of Direct Taxes said on Monday. The CBDT or Central Board of Direct Taxes is the apex p

Oil-marketing companies slashed the prices of petrol and diesel across the four metro cities for the fourth straight day on Sunday. Petrol is priced at Rs. 81.74 per litre in New Delhi, Rs. 83.58 per litre in Kolkata, Rs. 87.21 per litre in Mumbai and Rs. 84.96 per litre in

A basic savings bank deposit (BSBD) account does not require any minimum balance. A BSBD account is a type of zero balance savings account and does not require customers to maintain any particular minimum average balance. Key banks like State Bank of India

Hindustan Zinc Ltd reported a 29.8 per cent fall in second-quarter profit on Monday, dented by higher expenses.

Net profit dropped to Rs 1,815 crore ($247.43 million) in the quarter ended September 30, from Rs 2,584 crore a year earlier, the zinc miner said.

Revenue from operations fell 10 per cent to Rs 4,777 crore. However, mined metal production

New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) on Sunday extended till October 25 the deadline for filing the GSTR-3B summary return of sales for September. A Finance Ministry release also said that the last date for claiming Input Tax

Oil-marketing companies slashed the prices of petrol and diesel across the four metro cities for the third straight day on Saturday. Petrol was priced at Rs. 81.99 per litre in New Delhi, Rs. 83.83 per litre in Kolkata, Rs. 87.46 per litre in Mumbai and Rs. 85.22 per litre in