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New Delhi: 

With an aim to deepen the commodity derivatives market, regulator Sebi or Securities and Exchange Board of India on Tuesday allowed trading in the segment by foreign entities with exposure to the country's physical commodity market. Currently, foreign entities are not permitted to directly participate in the commodity derivatives

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INR Vs USD: The rupee breached its previous all-time low of 74.23 Tuesday's session.

The rupee reversed all of its gains against the US dollar to hit a lifetime low of 74.27 in afternoon trade on Tuesday. A surge in crude oil prices and strength in the American currency overseas pulled the rupee lower. The

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The taxman announced a new due date of October 31 filing of ITR and audit reports

The government on Monday extended the due date for filing of income tax return (ITR) and audit report. The Central Board of Direct Taxes, the apex policymaking body of the Income Tax Department, said the due date for filing of income tax returns and audit reports for

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Flipkart The Big billion Days sale will start from Wednesday and run til October 14.

Ahead of Diwali, if you want to buy new appliances, phones, and watches, among other things, you can choose from a wide array of online shopping platforms. E-commerce giants are back with their festive season sales this year. As the competition heats up, archrivals

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The bonus is likely to work out to be around Rs 18,000 per employee.

Ahead of the festive season, railway employees are likely to get 78-day wages as bonus this year, the same as in the last six years. The Railway Board has proposed 78-day wages as productivity-linked bonus (PLB) for its employees for 2017-18 after detailed discussions with rail

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SBI, ICICI Bank and HDFC Bank pay an interest rate of 3.5-4% on savings deposits.

Small finance banks offer higher interest rates than their larger peers. Small finance banks such as ESAF Small Finance Bank, Equitas Small finance Bank and Suryoday Bank offer higher interest rates on savings, fixed deposit (FD), and recurring deposit (RD) accounts,

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Gold, silver prices today: The precious metal had fallen by Rs 30 on Monday.

Gold prices slipped by Rs 220 to Rs 31,650 per 10 gram amid weakening global trend and easing demand from local jewellers at the bullion market on Tuesday, reported news agency Press Trust of India (PTI). Silver, too, remained weak and declined by Rs 50 per kg to Rs 39,250

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INR Vs USD: The rupee is this year's worst-performing Asian currency.

Backed by fresh selling of the American currency by banks and exporters, the rupee strengthened by 18 paise to 73.88 in early trade on Tuesday, reported news agency Press Trust of India (PTI). Easing global crude prices and a positive

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The booking period of GoAir's offer ends on October 9, 2018.

GoAir is offering flight tickets at a starting all-inclusive price of Rs 999 in a special promotional offer. The booking period of GoAir's offer ends on October 9, 2018. The travel period of the offer starts on October 10, 2018 and ends on October 31, 2018, the airline noted on its

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The bank had initially planned for growth of Rs 15,000 crore through portfolio purchases.

State Bank of India said on Tuesday it is stepping up its target to buy "good quality" asset portfolios from non-banking financial companies (NBFC).

The NBFC sector has been in the spotlight after IL-FS, a major infrastructure financing and construction

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INR VS USD: Rupee finished at fresh lifetime low of 74.06 against the dollar on Monday.

MUMBAI: The rupee made a cautious recovery of 18 paise to 73.88 against the US dollar Tuesday on fresh selling of the American currency by banks and exporters.

Besides, the dollar's overseas weakness, easing global crude oil price and higher opening in the

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INR Vs USD Currency Exchange Rate: Analysts say that RBI's surprise move spooked the forex markets

Extending its weakness against the dollar to a fifth consecutive session, the rupee declined 30 paise to close at a record low of 74.06 against the greenback on Monday. The rupee had closed at 73.76 a dollar

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The rupee had on Monday closed below the 74 mark against the US dollar for the first time

The rupee shed 33 paise to close at a life-time low of 74.39 against the dollar on Tuesday. A surge in crude oil prices and strength in the dollar overseas pulled the rupee lower amid weakness in emerging market

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Thirty out of 50 Nifty stocks declined in trade.

After a higher opening in early trade on Tuesday, the stock markets turned negative led by losses in FMCG, auto, banks and realty stocks. At 11:04 am, the S-P BSE Sensex traded at 34,397, down 77.38 points or 0.22 per cent, and the Nifty50 index of the National Stock Exchange (NSE) at 10,318.20,

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Sovereign gold remained flat at Rs 24,600 per piece of 8 gram.

Tracking a weak trend overseas amid subdued demand from local jewelers, gold prices fell by Rs 30 to Rs 31,870 per 10 gram at the bullion market on Monday, reported Press Trust of India (PTI). In the national capital, gold of 99.9 per cent and 99.5 per cent purity declined by Rs 30 each

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Moody's upgraded country's credit rating to Baa2 from Baa3 last November.

Mumbai: 

The government is likely to overshoot its fiscal deficit target for 2018/19 by a small margin following its decision to cut fuel excise duties, Moody's Investors Service said on Tuesday, describing the move as "credit negative".

The government announced cuts in excise

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However, IMF cuts India's growth projection for 2018 and 2019.

UNITED NATIONS: The International Monetary Fund (IMF) on Tuesday acknowledged the economic reforms carried out under Prime Minister Narendra Modi and projected India to be the world's fastest growing major economy this year and next. The World Economic Outlook (WEO) released ahead of

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In the national capital, petrol was sold at Rs 82.03 per litre on Monday.

Petrol and diesel prices continue their upward trend, despite the government's move last week to cut excise duty applicable to the fuels. Petrol prices have been increased by more than 50 paise per litre across Delhi, Mumbai, Kolkata and Chennai in past three days, and diesel

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Amrapali Group has failed to hand over possession of flats to around 42,000 homebuyers.

Three directors of real estate company Amrapali were sent to three-day police custody on Tuesday by the Supreme Court for not submitting documents for audit. The officers have been directed to hand over documents of the 46 companies of the group to forensic

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Bengaluru/Mumbai: 

Amazon India has denied accusations that it favours select merchants and brands, responding to a complaint lodged by a lobby group.

The All India Online Vendors Association (AIOVA) on Friday filed a petition with the Competition Commission of India (CCI) alleging that the online retailer favours merchants that it partly owns, such

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Share Market on Monday: The Nifty Energy finished 4.1 per cent higher

The stock markets started the week on Monday logging mild gains amid a volatile trading session. The BSE benchmark index Sensex ended 97 points higher at 34,474 while the Nifty index of National Stock Exchange (NSE) settled at 10,348, up

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Sensex, Nifty today: Fourteen out of 30 Sensex stocks finished the session in the red.

Stock markets closed on a lower note on Tuesday, amid heavy selling in auto, consumer durables and FMCG sectors. The S-P BSE Sensex declined 174.91 points or 0.51 per cent to end at 34,299.47. The Nifty50 index of the

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Sovereign gold bond (SGB): The gold bond scheme has a maturity period of eight years

The government would issue gold bonds every month from October 2019 to February 2019, it said on Monday. The issuance of gold bonds will be under the SGB or Sovereign Gold Bonds scheme 2018-19, the Ministry of Finance said in a statement. SGBs are government

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HDFC Bank and Axis Bank have released their new fixed deposit or FD interest rates this month.

Fixed deposit or FDs are usually for risk-averse investors. If you need an assured return on your investment, you should invest your money in bank fixed deposits. FD interest rates vary across banks and tenures. FD interest rates are subject to change

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Regular savings zero balance account of IPPB allows for unlimited cash deposits and withdrawals.

October 9 is celebrated as the World Post Day. The day also marks the beginning of the National Postal Week, which will be celebrated until October 15. India Post, which runs postal services in the country, wished its followers on the occasion. The

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Gati shares fell as much as 12.9% in the session before closing just off its lows

Shares in Gati Ltd closed down 10 per cent on Monday after ratings agency CARE downgraded the credit rating for the logistics company, citing a drop in profitability and decline in revenue from operations.

CARE cut its rating on Gati's long-term bank facilities to

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A couple of things happened last week in India that deserve a bit of attention -- mostly because they reveal how deep the country's structural problems go and how few good options the government has left. The first was the Reserve Bank of India's decision to hold interest rates steady even though the rupee had hit record lows against the U.S.

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Amazon's 'Great Indian Festival sale' will be available till October 15.

Amazon India on Tuesday announced up to 90 per cent discount on select categories of products in a six-day sale. Amazon India, the Indian arm of US-based e-commerce major Amazon, said the sale - called Great Indian Festival - will be available to regular customers from 12 am

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National Housing Bank had initially set a limit of Rs 24,000 crore (Representational image)

National Housing Bank will raise its refinance limit to Rs 30,000 crore ($4.05 billion) for the year to June, 2019 in an effort to make funds available to housing finance companies, the finance ministry said on Monday.

The financial institution, which

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Dewan Housing Finance Corporation Ltd's stock fell as much as 12.3 per cent.

Shares of a few non-banking financial companies (NBFCs) took a hit on Monday after the Reserve Bank of India (RBI) said on Friday it was looking at strengthening guidelines for such entities to avoid rollover risks.

Dewan Housing Finance Corporation Ltd's stock fell as much

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