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Business
Sovereign gold, however, remained unaltered at Rs 24,500 per piece of eight gram.
Gold prices bounced back by Rs 175 at Rs 31,625 per 10 gram at the bullion market Wednesday on buying by local jewellers, shrugging-off a weak trend overseas, reported news agency Press Trust of India. However, silver slipped by Rs 40 to Rs 37,910 per kg owing to
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Read more: Gold Prices Rise Today, Return To Rs 31,600 Mark: Key Things To Know
Write comment (97 Comments)Samsung opened the world's biggest smartphone plant outside Indian capital New Delhi just two months ago
Mumbai: Samsung Electronics Co Ltd opened its biggest mobile store in the world in India on Tuesday as it tries to take pole position in the world's second-biggest smartphone market amid fierce competition from Chinese brands. The South Korean
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Read more: Bengaluru Gets Samsung's Largest Store Worldwide
Write comment (99 Comments)Transfer of shares has to be done only in the demat or electronic form, the government has said
New Delhi: Unlisted public companies have to compulsorily issue new shares in demat form beginning October 2, the government said on Tuesday.
Besides, transfer of shares has to be done only in the demat or electronic form.
This step has been taken for
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Read more: Unlisted Public Firms To Issue New Shares In Demat Form From October 2
Write comment (99 Comments)Reliance Jio offering free voice and unlimited data (42 GB) per month for 3 months at Rs 100 per month.
On the occasion of its second anniversary, Reliance Jio has been offering discount and cashback offers. It has again come up with a new offer under which it is offering the Rs 399 plan at Rs 299. Under the discount scheme, Reliance Jio offering
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Read more: Reliance Jio Offers 126 GB Data For 3 Months At Rs 299. Details Here
Write comment (90 Comments)Age limit for availing overdraft facility on Jan Dhan accounts has been revised to 18-65 years.
A bank account under financial inclusion scheme Pradhan Mantri Jan Dhan Yojana (PMJDY) can be opened in any bank branch or business correspondent outlet. PMJDY is a government-run financial inclusion scheme aimed at ensuring access to services such as
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Read more: Jan Dhan Account Overdraft Limit Doubled; Here's What It Means
Write comment (93 Comments)Reliance Jio in July 2018 launched JioPhone 2, an upgraded model in the JioPhone series of 4G devices
WhatsApp will now be available on Reliance Jio's JioPhone across the country, said Reliance Retail, a subsidiary of Reliance Industries Limited (RIL). WhatsApp built a new version of its private messaging app for JioPhone - the Jio-KaiOS - on the
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Read more: WhatsApp Now Available On JioPhone, Here's How To Use The App
Write comment (100 Comments)Stock markets registered strong gains on Wednesday, ahead of release of key macroeconomic data. BSE benchmark index Sensex advanced 304 points to close at 37,717, while the NSE Nifty settled 82 points higher at 11,369. That marked some recovery from the losses logged by the indices in the past two sessions amid a selloff across the board. Gains in
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Read more: Sensex Jumps 304 Points As Markets Break Two-Day Fall
Write comment (91 Comments)Stock markets plunged for the second straight day, with the BSE Sensex falling 509 points to close at 37,413 on Tuesday. The losses in the domestic markets came amid weakness in Asian peers amid concerns on the US-China trade front. NSE benchmark index Nifty declined 150 points to settle at 11,287. A selloff across sectors along with the rupee's p
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Read more: Sensex Slumps 509 Points, Nifty Gives Up 11,300 As Selloff Deepens
Write comment (97 Comments)Bank fixed deposits which allow premature withdrawal require depositors to pay a penalty.
Fixed deposits or FDs can be broadly categorised into two types: 1) with premature withdrawal facility 2) without a premature withdrawal facility with a compulsory lock-in period. Premature withdrawal from a fixed deposit basically means that the depositor is
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Read more: Premature Withdrawal Rules Of Fixed Deposits (FDs): SBI Vs HDFC Bank
Write comment (100 Comments)If you want to open a new bank account within minutes, you may consider opening an instant digital account. Today, many banks and institutions offer the facility of instant digital accounts. Usually, these digital accounts do not have any minimum balance requirements. So, the customer is free to operate the account with zero balance. Some of these
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Read more: Want To Open A Digital Savings Account Here Are Your Options
Write comment (97 Comments)Sovereign, however, remained unchanged at Rs 24,500 per piece of eight gram in limited deals.
Gold fell on Tuesday by Rs 100 to Rs 31,450 per 10 gram on sluggish demand from jewellers even as the metal firmed up overseas, reported Press Trust of India. Silver held steady at Rs 37,950 per kg on scattered demand from industrial units and coin makers,
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Read more: Gold Prices Edge Lower Today: 5 Things To Know
Write comment (93 Comments)The rupee on Monday slumped to new record low of 72.67 a dollar in intra-day trade.
MUMBAI: The rupee on Tuesday opened on a positive note by inching 15 paise higher at 72.30 against the US dollar amid increased selling by banks and exporters.
Besides, dollar's weakness against some currencies overseas including the euro also supported the rupee,
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Read more: Rupee Opens 15 Paise Higher Against US Dollar
Write comment (97 Comments)Stock Market on Wednesday: The Sensex opened at 37,546.42 and the Nifty50 at 11,340.10.
The domestic stock markets swung between gains and losses after a positive opening on Wednesday. The S-P BSE Sensex opened at 37,546.42 and the broader Nifty50 index of the NSE at 11,340.10. However, soon after the benchmarks turned negative but were later
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Read more: Sensex Surges Over 100 Points, Nifty Above 11,300
Write comment (100 Comments)INR Vs USD: Rupee dropped 28 paise against the US dollar.
The rupee hit a new record low of 72.73 in late afternoon trade on Tuesday, as it dropped 28 paise against the US dollar, reported news agency Press Trust of India (PTI). However, in early trade the rupee rose as much as 15 paise against the US dollar. Crude oil prices went past the USD 78 a
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Read more: Rupee Hits New Lifetime Low Of 72.73 Against US Dollar
Write comment (93 Comments)Stock Market on Tuesday: The S-P BSE Sensex started at 38,017.49 and the NSE's Nifty50 at 11,570.25.
The domestic stock markets erased gains after opening in the green on Tuesday. At 9:17 am, the S-P BSE Sensex traded at 38,024.17, up 102 points or 0.27 per cent and the NSE's Nifty50 was at 11,468.40, with a gain of 30.30 points or 0.26 per
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Read more: Sensex Trades Flat, Nifty Below 11,450; ITC Top Loser
Write comment (90 Comments)INR Vs USD: On Tuesday, the rupee touched a fresh lifetime low of 72.75 in intraday trade.
The domestic currency traded in a wide range on Wednesday. The rupee rose as much as 84 paise against the dollar in intraday trade, after sinking to a fresh all-time low of 72.91. Suspected intervention by the Reserve
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Read more: Rupee Recovers To 71.86 After Hitting New Lifetime Low Against Dollar
Write comment (95 Comments)EMV debit card can be identified by locating a chip on its face, according to SBI.
SBI or State Bank of India provides free-of-cost upgrade of debit card to its customers. The upgrade of existing debit card to an EMV chip-and-PIN debit card offers enhanced security, the country's largest bank SBI said on microblogging site Twitter. The move is in
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Read more: How To Apply For State Bank Of India EMV Chip Debit Card
Write comment (97 Comments)The "realization is setting in that India is too strategic a market to be underweight," says an expert.
The technology industry will see more billion-dollar acquisitions as the next big battleground for foreign Internet companies, according to boutique advisory firm Raine Group LLC.
The e-commerce, financial technology and emerging media sectors
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Read more: India To See Record Spurt In Billion Dollar Tech Deals: Top Advisory Firm
Write comment (94 Comments)The six-member monetary policy committee of RBI will make its next rate decision on October 5.
India has a currency problem and it's not going away anytime soon.
A current-account deficit at a five-year high, elevated oil prices and an emerging-market sell-off conspired to push the rupee to below 72 per dollar last week, taking its decline since the
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Read more: As Rupee Dives To Record Low, How RBI May Tackle Crisis
Write comment (96 Comments)NCLAT had asked ArcelorMittal to clear Rs 7,000 crore dues to qualify for the acquisition.
New Delhi: The Supreme Court Tuesday agreed to hear tomorrow a plea of Arcelor Mittal seeking extension of time for payment of Rs 7,000 crore as ordered by NCLAT last week for its bid to become eligible for Essar Steel. The apex court refused urgent hearing
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Read more: Essar Steel Auction: Supreme Court to Hear ArcelorMittal's Plea Tomorrow
Write comment (94 Comments)The rupee has sunk 11.6% so far this year versus the US dollar.
The government has asked the central bank to bolster efforts to support the rupee, Asia's worst-performing currency of the past month, people familiar with the matter said.
Government officials communicated last week with the Reserve Bank of India on the need to intervene more
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Read more: Intervene Aggressively To Check Rupee Fall, Government Told RBI: Report
Write comment (99 Comments)Airtel's new prepaid recharge plan is valid for 48 days.
Bharti Airtel has come up with a new prepaid recharge plan and is offering unlimited calling and data benefits. Airtel's new plan is priced at Rs 289. Telecom operators are coming up with new offers almost on a daily basis. The telecom sector in the country has witnessed high competition
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Read more: Bharti Airtel Announces Rs 289 Prepaid Recharge Plan. Details Here
Write comment (99 Comments)Seats are limited and may not be available on all flights, said AirAsia.
AirAsia has extended its 'Big Sale' offer on international flight tickets till September 11, 2019, said the airline on its official website -- airasia.com. Earlier, the offer was valid till September 9. The travel period of the offer starts on February 18, 2019 and ends on
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Read more: AirAsia Extends 'Big Sale' Offer On International Flights, Details Here
Write comment (99 Comments)Petrol, diesel rates today: A litre of petrol was being sold in Mumbai for Rs 88.26.
Petrol and diesel prices set fresh highs as fuel rates were increased further on Tuesday. A litre of petrol was being sold in New Delhi for Rs 80.87, in Kolkata for Rs 83.75, in Mumbai for Rs 88.26, and in Chennai for Rs 84.07, according to the largest fuel
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Read more: Petrol Prices Near Rs 90 In Mumbai, Above Rs 80 In Other Metros
Write comment (93 Comments)The cost of construction in Mumbai is Rs 3,125 per sq ft.
Mumbai: Cost of construction for a residential apartment in a mid-rise building in the city is the highest among the top urban centres in the country at Rs 3,125 per sq ft, according to a report. Delhi and Pune came a close second in average cost of construction at Rs 2,750 per sq ft,
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Read more: Construction Of House Costliest In Mumbai Among Indian Cities: Report
Write comment (98 Comments)Reliance Jio had in July announced addition of mobile apps such as WhatsApp on JioPhone
Reliance Jio has introduced mobile app WhatsApp on its 4G feature phone device, JioPhone. The telecom company, which is part of billionaire Mukesh Ambani-led conglomerate Reliance Industries, had in July this year announced addition of mobile apps such as
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Read more: Reliance Jio Rolls Out Mobile App WhatsApp On JioPhone: 10 Things To Know
Write comment (98 Comments)ArcelorMittal's bid will be considered if it pays dues by September 11.
New Delhi: ArcelorMittal on Monday moved the Supreme Court challenging the NCLAT order which held that Numetal's Rs 37,000 crore in second-round bid for Essar Steel was valid. The National Company Law Appellate Tribunal (NCLAT) had also asked the rival bidder ArcelorMittal to
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Read more: Essar Steel Bid: ArcelorMittal Moves Supreme court Against Tribunal Order
Write comment (100 Comments)Mark Carney had agreed to extend his term until the end of January 2020.
London: Bank of England Governor Mark Carney will stay at the central bank an extra seven months until the end of January 2020 to help smooth Britain's departure from the European Union next year, finance minister Philip Hammond told parliament on Tuesday.
Carney had been due
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Read more: Bank Of England Governor Mark Carney's Term Extended
Write comment (94 Comments)INR Vs USD on Tuesday: Rupee touched 72.30 against US dollar at its peak in first half of session.
The rupee (INR) rose as much as 15 paise against the US dollar in early trade on Tuesday. The rupee touched 72.30 against the greenback at its peak in the first half of the session, as against Monday's close of
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Read more: Rupee Edges Higher Against Dollar, But Still Below 72 Mark
Write comment (92 Comments)SBI or State Bank of India requires its savings account holders to meet its monthly average balance requirements. SBI, the country's largest bank, also provides certain types of bank accounts that do not require the customers to maintain any particular average of daily balances in a month. In other words, these bank accounts can be operated with
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Read more: Need An SBI Account With Zero Balance Facility Here Are Your Options
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