Business

Benchmark equity indices opened on a positive note on Monday on fresh buying in IT, tech and capital goods counters following robust GDP (Gross Domestic Product) growth rate for the April-June quarter of fiscal and recovery in rupee. At 9:43 am, the S-P

Mumbai: Malaysian budget carrier AirAsia Berhad, which runs AirAsia India (AAI) along with Tata group, today announced discounted fares starting as low as Rs 1,399 for international flights and Rs 999 for domestic travel under a limited period offer. The sale

New Delhi: Enthused by 8.2 per cent GDP growth in the first quarter of 2018-19, the Finance Ministry today expressed the hope that economy may exceed 7.5 per cent in the current fiscal. The country's economy is on steady growth path, Economic Affairs Secretary S C Garg said while commenting

SpiceJet announced the launch of new daily direct flights on domestic and international routes. SpiceJet will start operations on the new flights from October 8, 2018, said the airline on its official website - spicejet.com. The airline will

New Delhi: Prime Minister Narendra Modi on Saturday launched the payments bank of Indian postal department that will take banking to doorstep of every citizen through an unmatched network of post offices and almost 3 lakh postmen and 'Grameen

Mumbai/Bengaluru: Annual economic growth surged to a more than two-year high of 8.2 per cent in the three months ended June, powered by a strong performance of manufacturing and consumer spending. The latest period's annual pace beat a Reuters poll forecast of

The state-run Union Bank recently revised its fixed deposit interest rates. 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.

Earlier this week, Wadia group-owned GoAir announced its international services with the first flight to Phuket in Thailand starting from October 11. The airline, which is all set to start direct flights from New Delhi and Mumbai to Phuket, would become

The rupee registered a fresh all-time closing low of 71 against the US dollar. That also marked the life-time low touched at the lowest point during the session. Continued demand for the US currency amid rising crude oil prices dragged the rupee to fresh record lows. The rupee has depreciated more than 10 per cent so far this year. Concerns about

Prime Minister Narendra Modi on Saturday launched the payments bank of Indian postal department - IPPB. The India Post Payments Bank (IPPB) is like any other bank but its operations will be on a smaller scale without involving any credit risk. IPPB offers a range of services such as

New Delhi: Gold prices edged up by Rs 10 to Rs 31,350 per 10 grams at the bullion market on Saturday, extending its rising streak for the third straight day, tracking a firm trend overseas amid continued buying by local jewellers, reported news agency Press Trust of

New Delhi: Eight core sectors grew by 6.6 per cent in July pushed by healthy output in coal, refinery products, cement and fertiliser. The eight core sector -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and

Mumbai: Escalating geo-political tensions following further trade protectionist measures, coupled with high crude oil prices and the rupee's movement against the US dollar will determine the trajectory of the Indian equity markets in the coming week,

Prime Minister Narendra Modi launched the India Post Payments Bank (IPPB) on Saturday. The event was held at Talkatora Stadium in New Delhi, along with simultaneous launch events at 650 branches and 3,250 access points, according an official statement. Payments

GDP or gross domestic product grew 8.2 per cent in the April-June period, government data showed on Friday. That marked the highest level of economic growth recorded since the January-March period in 2016, and cemented India's position as the fastest growing major economy ahead of China's

Bengaluru: Software major Wipro on Sunday said it had won a $1.5 billion (Rs 10,500 crore) 10-year deal from the US-based technology firm, Alight Solutions LLC. "We have won a 10-year engagement to provide a suite of solutions and services to the

Jet Airways has come up with a offer on domestic flight tickets. Under the scheme, Jet Airways is offering flight tickets starting from Rs 1,313, according to airline's official website - jetairways.com. The fares are applicable on one-way journeys in the economy class

India Post Payments Bank (IPPB) will be launched on September 1 by Prime Minister Narendra Modi, reported PTI (Press Trust of India). The payments bank will leverage the network of the Department of Posts (DoP). All the 1.55 lakh post offices in the country will be

Airlines are offering a host of discount offers on domestic and international flight tickets. Jet Airways is offering domestic flight tickets starting from Rs. 1,313. It has also announced a sale on tickets for international flights to destinations such as Abu Dhabi, Bahrain,

New Delhi: Home, auto and other loans would become costlier as the country's largest lender SBI Saturday increased its benchmark lending rates or MCLR by 0.2 per cent, a development followed by other lenders. The new rates are effective from today. State Bank of India

The government on Friday said banks in the country will remain open in the first week of September. The statement from the Ministry of Finance came in the backdrop of reports suggesting circulation of warning messages on social media. Terming such warnings as a

New Delhi: The number of income tax return (ITR) filings surged 71 per cent to 5.42 crore till August 31 - the last date for submission for financial year 2017-18. This was led by a massive eight-fold jump in returns filed by entities under the presumptive tax scheme and 54 per cent

Petrol and diesel prices hit a new record high in four metros across the country on Saturday. The prices of both petrol and diesel were raised by the Oil Marketing Companies (OMCs) today. Petrol is selling at a price of Rs. 78.68 per litre in Delhi

Gold prices rose by Rs 140 to Rs 31,340 per 10 grams at the bullion market on Friday on persistent buying by local jewellers and a firm global trend, according to Press Trust of India. Besides, a depreciating rupee which slumped to a historic low of 71 against the dollar, making

Petrol and diesel prices continued their upward trend and hit a new record high in four metros across the country on Sunday. The prices of both petrol and diesel were raised by the Oil Marketing Companies (OMCs) today. Petrol is selling at a price of Rs. 78.84 per litre in

Diesel rates in Delhi were hiked by 28 paise a litre, the steepest increase in over a year. Friday's hike in the price of diesel in the national capital marked the highest hike since mid-June last year, according to news agency Press Trust of India. A litre of diesel now costs Rs

New Delhi: India reported on Friday a fiscal deficit of Rs 5.4 lakh crore ($76.12 billion) for April-July, or 86.5 percent of the budgeted target for the current fiscal year compared with 92.4 percent a year earlier. Net tax receipts in the first four months of 2018/19

New Delhi: GST collections dropped to Rs 93,960 crore in August from Rs 96,483 crore in the previous month, the Finance Ministry said Saturday. The total number of GSTR (goods and services tax returns) 3B filed for the month of July up to August 31, 2018, is

New Delhi: India's annual economic growth surged to a more than two-year high of 8.2 per cent in the three months through June, powered by a strong performance of manufacturing and consumer spending.

Should the economy keep up this momentum it will stand

The stock markets ended Friday's session on a mixed note, ahead of release of GDP data for the April-June period. The S-P BSE Sensex dropped 0.12 per cent or 45.03 points to close at 38,645.07. The broader Nifty50 finished marginally higher at 11,680.50. Gains in