Business

Fixed deposits are investment instruments offered by banks and companies, where you can deposit money for a higher interest rate than savings accounts. You can deposit a lump sum of money in fixed deposits for a specific period, ranging from seven days to 10 years. Once you deposit

The domestic equity benchmarks swung between gains and losses after opening at fresh highs on Thursday. The S-P BSE Sensex started the session at 38,416.65 and the Nifty50 at 11,620.70. But the session soon turned volatile. At 11:54 am, the the Sensex traded at

Bharti Airtel on Wednesday launched international roaming voice packs for its prepaid customers. Called 'Foreign Pass', the roaming packs will be priced from Rs 196, the telecom company said in a press release. The Airtel Foreign Pass packs will

Domestic stock markets on Thursday closed on record highs after touching all-time highs in the intraday trade. S-P BSE Sensex closed at 38,336.76, 0.13 per cent or 51.01 points higher while broader NSE Nifty settled at 11,582.75, 0.10 per cent or 11.85 points after it crossed the 11,600-mark earlie

NEW YORK: Wall Street has graduated to the longest-ever "bull market", a run that began amid extraordinary crisis-era monetary policy and which experts think could persist at least a while longer. US President Donald Trump cheered the news after

SHANGHAI: Asian stocks eked out gains on Wednesday, with sentiment boosted by Wall Street's rise and a record intraday high for the S-P 500 index on Tuesday, but fragile Chinese markets retreated after two days in the black. Shares in much of the region were

Mahanagar Gas (MGL) shares fell as much as 8 per cent on Thursday amid heavy volumes. The decline in the stock came after reports suggested BG Asia Pacific Holding, the foreign promoter of the company, is likely to pare its stake in the company through a block

Apple's Tim Cook is set to collect stock worth about $120 million this week thanks to a run-up in shares of the iPhone maker.

On Friday, Cook stands to receive 280,000 shares tied to his continued service as chief executive officer. He'll get as

NEW YORK: The benchmark S-P 500 touched a record high on Tuesday and equalled its longest-ever bull-market run, buoyed by strong earnings reports in the consumer sector and relative calm in the trade dispute between the United States and China.

The S-P 500 rose

London/Riyadh: Saudi Arabia has called off both the domestic and international stock listing of state oil giant Aramco, billed as the biggest such deal in history, four senior industry sources said on Wednesday. The financial advisors working

SpiceJet on Wednesday announced the launch of six new daily direct flights on domestic and international routes. The airline will start operations on the new flights from October 10, 2018, it said in a press release. SpiceJet will commence daily direct flights on the Hyderabad-Guwahati and Guwahati-Patna route. SpiceJet claimed that it is the

UK pharmaceutical giant GlaxoSmithKline Plc has requested bids by mid-September for its $4.3 billion Indian consumer-health unit, which owns the popular malted milk brand Horlicks, people with knowledge of the matter said.

Glaxo has sent out an

Mukesh Ambani-led Reliance Industries surpassed the market capitalization of Rs 8 lakh crore in intra-day trade on Thursday. At 2:17 pm, one share of RIL traded at Rs 1270.95, with a gain of Rs 24.45 or 1.96 per cent. At this level, the company's market cap was Rs 8,05,990.62 crore, data from the Bombay Stock Exchange (BSE) showed. Reliance

With the rupee still not far from its all-time low, IT investors have all the more reason to cheer. The rupee on August 16 closed at a record low of 70.15 against the greenback, in line with emerging market currencies that followed a plunge in Turkish lira on US trade-related concerns. While currency markets have had few bouts of support with

NEW DELHI: Repayment of funds, which were raised from overseas market in 2013, has been the main reason for rupee depreciation in the past few months, a senior Finance Ministry official said on Tuesday. However, the official maintained that there has been a

Infrastructure major Larsen - Toubro on Thursday said its board approved a share buyback worth Rs 9,000 crore. The board of directors, in a meeting held on Thursday, approved a proposal to buy back up to six crore shares, amounting to 4.29 per cent of the total paid-up equity share capital, at a maximum price of Rs 1,500, L-T said in a

Jet Airways has announced a sale offer on tickets for international flights to destinations such as Amsterdam, Paris, London, Manchester, Toronto and Dubai, among others. The sale offer is applicable to premiere and economy class bookings, according to the airline's website

Gold prices edged up by Rs 180 to Rs 30,600 per 10 gram at the bullion market on Tuesday, reported news agency Press Trust of India (PTI). More buying by local jewellers amid festive cheer coupled with firm global cues rose gold prices today. On the other hand, silver prices

Reliance Communications Ltd said on Thursday it completed the sale of its media convergence nodes (MCNs) and related infrastructure assets worth Rs 2,000 crore ($285.4 million) to Reliance Jio Infocomm.

The company said 248 MCNs covering about 5 million sq.ft. of area used for hosting the telecom

Cash-strapped carrier Jet Airways will discuss ways to cut costs and turn its business around when its board of directors meets on Monday, the airline said on Wednesday.

Jet had told staff this month it was running out of money, a source had told Reuters, but the

Indian Railways offers the facility of transferring a confirmed ticket to somebody else by submitting a request at least 24 hours in advance of the scheduled departure of the train. According to railway's website- indianrailways.gov.in, a person holding a confirmed

From Mercedes-Benz AG to Unilever, companies in India are finding power to pass on higher costs to consumers, a sign that demand in the world's fastest-growing major economy is well-entrenched.After the twin shocks of a cash ban in 2016 and the chaotic introduction of a consumption tax last year, India's economic recovery is gaining momentum.

Income tax laws, defined in the Income Tax Act, enable provisions for assessees to minimise their liability. August 31 is the last date for assessees to file their income tax return for assessment year 2018-19 (financial year 2017-18). According to income tax laws, the concerned year is the period starting from April 1 and ending on March 31 of

If you haven't filed your income tax year yet, you have less than two weeks to do so. The Income Tax Department has provided online facilities - through its e-filing portal incometaxindiaefiling.gov.in - for individuals to file their ITR or income tax return fo

NEW DELHI: Arun Jaitley will resume charge of the finance and corporate affairs ministry on Thursday after a gap of more than three months following a kidney transplant surgery, a government statement said.

Jaitely, 65, had stopped attending office in early April to

If you are looking to avoid paying any penalty charges on the income tax you are liable to pay, you must file your income tax return by the end of this month. August 31, 2018 is the deadline, or last date, for individuals to file their income tax return

The rupee (INR) closed nearly unchanged at 69.81 against the US dollar (USD) on Tuesday. That marked only a marginal recovery against the greenback, a day after the rupee posted its biggest single-day gain in seven weeks. The rupee has bounced back a

MUMBAI: The rupee on Thursday fell 27 paise against the dollar to trade near 70.08 again amid strong demand for the US currency after the US Fed released minutes of its policy meet yesterday.

At the Interbank Foreign Exchange, the local currency opened at a

Bharti Airtel on Wednesday launched international roaming voice packs for prepaid customers travelling abroad. Airtel's latest voice packs, known as the Foreign Pass, are exclusively for prepaid customers. The Airtel Foreign Pass packs start from

Budget passenger carrier IndiGo is operating three daily additional relief flights to and from Kochi naval base in view of the current flood situation in Kerala, said the carrier in a press release issued on Monday. IndiGo's additional relief flights will be operated