Business

The rise in petrol and diesel prices has burnt a hole in the pocket of the common citizen. In the month of May, due to global oil prices touching $80 a barrel, domestic petrol and diesel prices skyrocketed to all-time highs in some cities. Because of this, retail

New Delhi: Gold prices fell by Rs 170 to Rs 31,480 per 10 grams at the bullion market Friday on global weakness and easing local demand. Besides, the rupee recovering from its record low of 69.10 (intra-day) to 68.36 today against the dollar also put pressure on

After a series of fuel rate cuts over past one month, petrol prices have come down by Rs 2.88 a litre in Delhi from its peak of Rs 78.43 on May 29. Similarly, diesel prices have fallen by Rs 1.93 a litre since May 29 when the fuel hit a high of Rs 69.31. In

Goods and Services Tax (GST), which was rolled out on July 1 last year, will complete a year on Sunday. The uniform indirect tax regime, which was in the offing for several years, was eventually rolled out last year at midnight hour in the intervening night of

NEW DELHI Finance Minister Piyush Goyal today said there is no need for "knee jerk reactions" on the rupee front, amid the currency touching lifetime lows.

The rupee had on Thursday breached the 69-mark against the US dollar for the first time due to multiple

Mukesh Ambani-led Reliance Jio is offering benefits worth Rs 4,900 and up to 3.2 TB 4G data on Oppo devices under its Jio Oppo Monsoon Offer, the telecom company said on Thursday. The offer is valid on Reliance Jio prepaid recharge plans of Rs 198 and Rs

New Delhi: Insurance regulator IRDAI (Insurance Regulatory and Development Authority of India) on Friday permitted Life Insurance Corporation (LIC) to pick up to 51 per cent stake in the debt ridden IDBI Bank, sources said.

The decision, they said, was taken at a the meeting of the Board of Directors of IRDAI at Hyderabad on Friday afternoon.

LIC

Banks are the biggest issuers of fixed deposits in India. Fixed deposits (FD) of leading banks not only help you save money but also grow your wealth. Money in fixed deposit accounts offer attractive interest rates until fixed tenures. The interest payout

The Indian rupee ended at 68.79 per dollar on Thursday, after reaching an all time low earlier in the day, reported news agency IANS. Earlier in the day, it touched an all-time low and breached the 69 per dollar mark, due to high crude oil prices and weak

Touted as the biggest economic reform since independence, the Goods and Services Tax (GST) completes one year of its implementation on July 1. In a major initiative to ease the tax system of the country, the government launched GST on July 1, 2017. Under the GST regime, a

Budget passenger carrier IndiGo is introducing additional daily, non-stop flights from Guwahati to cities like Delhi and Kolkata at a starting all-inclusive price of Rs 1,840, informed the airline on it's official twitter handle- @IndiGo6E. The carrier is also

Delhi Metro services may trouble you from Saturday as select staff may go on strike. The non-executive staff of the Delhi Metro Rail Corporation (DMRC) has threatened to go on strike from Saturday if their demands, including revisions in pay

The Indian rupee closed higher at Rs 68.46/47 against US dollar on Friday. The Indian currency pared some of the losses it incurred on Thursday, and rose from its record closing low in opening trade today and ended on sharply higher note. Rupee hit an all-time closing low of 68.79 on Thursday against the earlier closing low of 68.73 on November

When the famous novelist Chetan Bhagat recently took Mumbai-bound Shatabdi Train from Ahmedabad in ultra luxury Anubhuti coaches, he was awestruck by what he described as super clean cabins, great food, and service, which he called excellent. While narrating the experience on his official twitter handle, Mr Bhagat said that he took Shatabdi (train

In its latest offer, leading airline IndiGo is offering domestic flight tickets starting from Rs 1,200. In a separate offer, IndiGo will also be introducing direct flights on select routes, on which it is offering flight tickets from Rs 1,840. IndiGo’s sale, in which

Union Finance Minister Arun Jaitley on Friday, attributed Goods and Services Tax (GST) for a significant jump in the tax collection and in the number of tax payers. Mr Jaitley said in a Facebook post that the total number of income tax returns filed stood at 6.86 crore in fiscal

ICICI Bank Ltd said on Friday it appointed Girish Chandra Chaturvedi as part-time, non-executive chairman, effective July 1. Chaturvedi, a former Indian Administrative Services officer, most recently served as chairman of the Warehousing Development

Reliance Jio is offering Rs. 100 discount on all recharges of Rs 300 and above and 20 per cent discount on recharges below Rs 300 price point on recharges done through MyJio app. For availing Jio's offer, customer must make the payment using PhonePe wallet on MyJio

Budget carrier IndiGo has announced Surat as its 56th destination, informed the airline in a press release issued today. IndiGo will now operate new flights connecting Surat with Delhi, Mumbai, Bangalore, Hyderabad, and Jaipur at a starting all-inclusive fare of

Fortis Healthcare on Thursday extended the date to submit binding bids for the cash-strapped hospital chain to July 3, the second time since it said it would start a fresh round of bidding. Fortis Healthcare Ltd's board on Tuesday approved demerger of the company's hospitals business into Manipal Hospital Enterprises Pvt Ltd, creating the largest

Gold prices regained Rs 80 to Rs 31,650 per 10 grams at the bullion market on Thursday on fresh buying by local jewellers amid rupee hitting a lifetime low, reported news agency Press Trust of India (PTI). Apart from buying by jewellers, weakness in the

State Bank of India (SBI), HDFC Bank and ICICI Bank hiked their MCLR or marginal cost of funding-based rates this month, among many other banks. MCLR is generally referred to as the minimum lending rate below which a bank cannot lend. With that move, EMIs

Washington: To sustain the high growth rate India has achieved, the country should carry out banking sector reforms; continue with fiscal consolidation, simplify and streamline GST; and renew impetus on reforms, the International Monetary Fund (IMF) said today.

Mumbai: Retail loan book of non-banking financial companies (NBFCs) is likely to grow at 19-21 percent in the current fiscal year, driven by the high demand for commercial vehicle (CV) loans, said a report. NBFCs being the key financiers to the CV segment would benefit from the

The government on Friday released the expenditure and revenue data for the first two months of fiscal 2019. The Union Finance Ministry released the break-up of income and expenditure for the months of April and May on its official twitter handle. The data reveals that

The Indian rupee on Friday pared some of the losses it incurred on Thursday, and rose from its record closing low of 68.79 by rising 18 paise to 68.61 against the US dollar in opening trade. The recovery of Indian rupee today is due to fresh

Domestic stock market indices closed Thursday's session on lower notes. The S-P BSE Sensex tanked 179.47 points, or 0.51 per cent, to close at 35,037.64. The NSE's Nifty50 index skidded 82.30 points or 0.77 per cent and settled at 10,589.10, below the crucial 10,600 mark.

Snapping two-day losing streak, domestic stock markets closed Friday's session on a positive note. The S-P BSE Sensex surged 385.84 points, or 1.10 per cent, to close at 35,423.48. The NSE's Nifty50 index rose 125.20 points or 1.18 per cent and settled at 10,714.30.

Indian stock markets opened on a positive note on the week's last session on fresh buying by investors as the July derivatives contracts started on a strong note amid recovery in the rupee, reported Press Trust of India. At 10.27 am, BSE Sensex was higher by 208 points, or 0.59 percent, to trade at 35,246. NSE's Nifty rose 64 points to trade at

Your travel goals are now not impossible! Tours and travel operator Thomas Cook has tied up with leading banks like State Bank of India (SBI) to offer a holiday savings account which enables you to save for planned trips both in India and abroad. This