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Business
Warren Buffett's Berkshire Hathaway Inc on Saturday swung to a big quarterly profit
Warren Buffett's Berkshire Hathaway Inc on Saturday said gains in its stock investments fueled a big first-quarter profit, while improved results from its Geico auto insurer and BNSF railroad units boosted operating results.
Berkshire also said it repurchased
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Read more: Berkshire Hathaway Reports $21.6 Billion Profit In First Quarter
Write comment (94 Comments)Brent crude futures, the global oil benchmark, fell 0.27 per cent to $70.56 per barrel
Rising for the fourth straight session, the rupee strengthened by 15 paise to close at 69.22 against the US dollar on Friday, bolstered by easing crude oil prices. However, fresh foreign fund outflows and subdued sentiment at the domestic equity markets
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Read more: Rupee Gains For Fourth Straight Day, Ends At 69.22 Against Dollar
Write comment (91 Comments)IRCTC Tickets: A maximum of eight breaks in journeys will be admissible on these tickets.
Indian Railways (IRCTC) offers a special service for travellers who wish to go for a trip connecting many destinations. The service is known as Circular Journey and Circular Journey Ticket is issued for all journeys (other than regular routes) which begin and
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Read more: Railways Circular Journey Rules, Tickets, How It Works, Details Here
Write comment (93 Comments)In one of the orders Sebi directed the NSE to disgorge Rs 624.89 crore in the co-location case
National Stock Exchange's (NSE) senior officials have filed an appeal with the Securities Appellate Tribunal (SAT) against their reprimand by market regulator Sebi (Securities and Exchange Board of India) in the bourse's co-location case.
The three
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Read more: NSE Officials Move Tribunal Against Sebi Order In Co-Location Case
Write comment (93 Comments)HUL Q4: Hindustan Unilever's revenue from operation came in at Rs 9,809 crore.
Hindustan Unilever's net profit rose 13.84 per cent year-on-year (Y-o-Y) to Rs 1,538 crore in January-March quarter compared with Rs 1,351 crore during the same period last year, the country's largest consumer goods maker said in an exchange filing. Commenting on
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Read more: Hindustan Unilever's Net Profit Rises 14%, Volume Growth Contracts In Q4
Write comment (98 Comments)FD Rates: Fixed deposit interest rates are subject to change from time to time.
Punjab National Bank (PNB) has revised its fixed deposit interest rates on select maturities with effect from May 1, 2019. PNB has lowered the interest rate applicable to the maturity period of 333 days, and increased in that of one year, according to the bank's
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Read more: Punjab National Bank Revises Fixed Deposit Interest Rates From May 1
Write comment (100 Comments)IRCTC Tourism package: The journey from Delhi to Leh will be via economy class of GoAir
IRCTC (Indian Railway Catering and Tourism Corporation) Tourism is offering a tour package of six nights and seven days to Ladakh, Sham Valley and Nubra Valley, the tourism arm of the Indian Railways, said on microblogging website, Twitter. The tour, which will
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Read more: IRCTC Tourism Offers 7-Day Tour To Ladakh, Fares And Other Details
Write comment (94 Comments)Valuations of Asian equities reached a 14-month high at the end of April as regional shares rallied on optimism about Chinese economic data and the prospects for a US-China trade deal.
MSCI's broadest index of Asia-Pacific shares gained 1.6 per cent in April. According to Refinitiv, the region's forward price-to-earnings ratio (P/E) was 13.2 times
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Read more: Asian Stock Valuations Surge To 14-Month High In April
Write comment (91 Comments)S-P BSE Information Technology Index was top loser, down 1.4 per cent.
Domestic equity benchmarks (share markets) came off intraday high levels as selling pressure in information technology stocks deepened with Tata Consultancy Services, Infosys and HCL Technologies being the top drags on the S-P BSE Sensex. However, buying in HDFC,
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Read more: Sensex Off Day's High, Nifty Holds 11,700; IT Stocks Fall
Write comment (93 Comments)The audit report revealed that around Rs 3,500 crore of home buyers' money was diverted
Promoters and top officials of realty firm Amrapali Group diverted home buyers' money for personal benefits and building their own empire, said the forensic report submitted to the Supreme Court.
The audit report revealed that around Rs 3,500 crore of
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Read more: Amrapali Promoters Siphoned Home Buyers' Money For Personal Use: Report
Write comment (97 Comments)Aadhaar card: The UIDAI portal enables users to request a change in address online
The UIDAI or Unique Identification Authority of India - the issuer of personal identification cards under the Aadhaar programme - provides a range of services online. Aadhaar or UID (Unique Identity Number) holders and applicants can access these services through the
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Read more: Aadhaar Card: How To Apply For Change/Correction In Address Online
Write comment (96 Comments)A slowdown in consumption amid a cash crunch in the banking system has led to a pile of unsold vehicles
India's car stocks have lost $42 billion in value in the last 16 months, and some analysts say the rout may not be over.
A gauge of automobile companies has fallen 30 percent since reaching a record in December 2017, and is the worst-performer
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Read more: $42 Billion Slump For India's Auto Sector - And It May Not Be Over
Write comment (97 Comments)SpiceJet on Friday announced the launch of 12 new domestic flights connecting Mumbai and Delhi with other cities on its network, said the private sector airline in a press release. Of the new flights, six are to and from Mumbai while six connect Delhi, noted the statement. All the new flights will be effective from May 11, 2019, according to the
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Read more: SpiceJet Announces New Domestic Flights, Check Routes Here
Write comment (100 Comments)Amid faint possibility of grounded Jet Airway's revival anytime soon, the Civil Aviation Ministry is now considering re-allocating the airline's foreign traffic rights to rival carriers such as Air India, SpiceJet and IndiGo.
A meeting was held on Friday to discuss the issue. Civil aviation secretary Pradeep Singh Kharola chaired the
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Read more: Air India, SpiceJet, IndiGo May Get Jet's Foreign Traffic Rights: Report
Write comment (92 Comments)Anil Ambani's financial services business, Reliance Capital has almost doubled its profit in five years
The last stronghold in embattled tycoon Anil Ambani's phone carrier-to-power empire is also developing fault lines.
Reliance Capital Ltd., his financial services business that almost doubled its profit in five years, had largely remained insulated
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Read more: Anil Ambani Needs $2 Billion In Asset Sales To Save Last Stronghold
Write comment (96 Comments)Oil-marketing companies increased the prices of petrol and diesel across the four metro cities on Saturday. Petrol is priced at Rs. 73.13 per litre in New Delhi, Rs. 75.15 per litre in Kolkata, Rs. 78.71 per litre in Mumbai and Rs. 75.92 per litre in Chennai, according to state-run Indian Oil Corporation's (IOC) website, iocl.com. Petrol prices
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Read more: Petrol, Diesel Prices Hiked Today, Check Fuel Rates Here
Write comment (92 Comments)Extending its downward trend for a fourth consecutive day, the price of gold on Friday fell by Rs 150 per 10 grams in Delhi to Rs 32,470 per 10 grams, reported news agency Press Trust of India quoting the All India Sarafa Association. Tepid demand from jewellers amid a subdued trend overseas led to the decline in gold prices. Silver prices,
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Read more: Gold Prices Extend Losses To Fourth Day In A Row: Five Things To Know
Write comment (90 Comments)Jet Airways shares dropped as much as 8 per cent on Friday, extending their fall to a fifth consecutive session. On the Bombay Stock Exchange (BSE), Jet Airways share price fell to as much as Rs 124.25 apiece in morning deals, marking a fall of 7.86 per cent from its previous close of Rs 134.85. On the National Stock Exchange (NSE), the Jet A
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Read more: Jet Airways Stock Extends Losses To Fifth Day In A Row
Write comment (93 Comments)The post office also offers certificate investment schemes such as Kisan Vikas Patra and NSC
Did you know you can access a variety of banking services at a post office Other than mailing services, India Post - which operates a network of more than 1.5 lakh post offices across the country, provides a variety of banking services. One can carry out a
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Read more: Know All About Your Investment Options At The Post Office
Write comment (97 Comments)The resolution of 94 stressed assets achieved around 43 per cent debt recovery.
The resolution of 94 stressed assets achieved around 43 per cent debt recovery as of March 31, 2019, amounting to Rs 75,000 crore since the inception of the Insolvency and Bankruptcy Code (IBC) in 2016, a report said.
The total recovery as of March-end stood at Rs 75,000
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Read more: Rs 75,000 Crore Recovered Under Bankruptcy Code Till March 2019: Report
Write comment (100 Comments)Domestic stock markets started Friday's session on a higher note, after two days of losses. The S-P BSE Sensex index rose as much as 142.42 points to 39,123.85 in early trade, and the broader NSE Nifty moved to 11,759.95, up 35.2 points from the previous close. Gains in banking, financial services and energy stocks supported the markets,
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Read more: Sensex Jumps Over 100 Points, Nifty Moves Above 11,750 Mark
Write comment (99 Comments)The forex kitty had touched a life-time high of $426.028 billion in the week to April 13, 2018.
The country's foreign exchange reserves soared by $4.368 billion to $418.515 billion in the week to April 26, helped by the second dollar-rupee swap auction, RBI data showed Friday. In the swap auction conducted on April 23, the Reserve Bank had
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Read more: Foreign Exchange Reserves Rise By $4.3 Billion
Write comment (98 Comments)Today Sensex and Nifty gave up gains in last 30 minutes of trade after IT stocks extended decline.
The S-P BSE Sensex and NSE Nifty 50 Indexes fell for a third straight session as information technology heavyweights like Tata Consultancy Services, Infosys and HCL Technologies came under selling pressure. For most part of the day, the Sensex and
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Read more: Sensex, Nifty Fall For Third Session In A Row As IT Shares Drag
Write comment (100 Comments)Domestic petrol and diesel prices remained steady on Friday. With effect from 6 am, the price of petrol stood at Rs 73.07 per litre in Delhi and Rs 78.64 per litre in Mumbai, according to a notification from Indian Oil Corporation. Diesel prices remained at Rs 66.66 per litre and Rs 69.77 per litre in the metros respectively, according to s
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Read more: Here's How Much You Pay For Petrol And Diesel Today
Write comment (97 Comments)Mumbai-based Suraksha Realty has failed to make the cut as the Committee of Creditors (CoC) of Jaypee Infratech Ltd (JIL) rejected its bid to acquire the insolvent company.
The e-voting procedure, which started on April 30, lasted till 12 noon on Friday.
The next procedural step would be the company going for liquidation and the
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Read more: Lenders Reject Suraksha Realty's Bid For Jaypee Infratech
Write comment (93 Comments)Bitcoin jumped to a new six-month high on Friday in a move that traders said was the result of technical forces, with no immediate news catalysts sending the cryptocurrency higher.
Bitcoin climbed more than 6 per cent to briefly break $5,700, its highest since November 14. It was last at $5,680 on the Bitstamp exchange, taking gains this year for
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Read more: Bitcoin Jumps As Much As 6% To New 6-Month High
Write comment (94 Comments)Gold price in Delhi declined by about 0.8 per cent in Delhi on Thursday. Weak demand from jewellers amid weak global cues led to a fall of Rs 250 per 10 grams in the gold price, the All India Sarafa Association said. Tracking gold price, the rate of silver also declined by Rs 825 to Rs 37,700 per kg due to reduced offtake by industrial
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Read more: Gold Rate Declines By Rs 250 Amid Weak Demand
Write comment (93 Comments)GoAir is offering domestic and international flight tickets at a starting all-inclusive price of Rs. 2,765 and Rs. 7,000 respectively in a limited-period sale. Bookings under the offer can be made till May 8, 2019, according to the airline's official website, goair.in. Under the offer, the cheapest flight ticket is available on the
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Read more: GoAir Offers Flight Tickets From 2,765 Rupees
Write comment (99 Comments)Sugar production in the country stood at 32.5 million tonnes in marketing year 2017/18
Sugar production in India could rise 1.5 per cent in 2018/19 to a record 33 million tonnes, increasing inventories in the world's second-biggest producer and putting pressure on local prices, a producers' body said on Friday.
The record production could
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Read more: India's Sugar Production Seen Hitting Record Levels
Write comment (98 Comments)SEBI ordered the country's largest stock exchange to pay about $100 million.
Some foreign investors in National Stock Exchange (NSE), which the market regulator has slapped with a steep fine and a six-month ban from public fundraising, are urging the bourse not to challenge the penalty and focus instead on a long-awaited initial public offering.
The
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Read more: Foreign Investors In NSE Urge Bourse Not To Challenge Fine
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