Business

The S-P BSE Sensex and NSE Nifty 50 indexes edged higher in trade today led by buying interest in information technology, telecom and power stocks. However, the gains were capped as banking, metal, energy and oil - gas stocks came under selling pressure. Selling pressure in heavyweights like Reliance Industries, ICICI Bank, Kotak Mahindra

Shares in Embassy Office Parks, India's first-ever real estate investment trust (REIT), rose more than 8 per cent on their market debut on Monday, renewing expectations for more such issues in the coming months. The unit closed at Rs 314, marking a gain of 4.67 per cent, after touching a high of Rs 324.80, 8.3 per cent above its initial public

Indian Railway Catering and Tourism Corporation or IRCTC offers the option of 'auto class upgradation' on online ticket booking. Under this offering, Indian Railways upgrades full fare paying 'waiting list passengers' to the next higher class against the available vacant accommodation, according to IRCTC's

Asia shares extended their rally on Tuesday as factory activity surveys from China and the United States boosted investor confidence, triggering the largest one-day sell-off in the US Treasury market in nearly three months.

MSCI's broadest index of

India's infrastructure output - or production in eight core sectors - grew at 2.1 per cent in February from a year earlier, government data showed on Monday.

During April-February, the output growth rate came in at 4.3 per cent from the year-ago

Amid high competition in the country's civil aviation sector, airlines have announced discounts on flight tickets and introduced new routes. Currently, GoAir is offering domestic flight tickets at a starting all-inclusive price of Rs 1,415 in a

State Bank of India (SBI) requires its customers holding regulator savings bank accounts to maintain certain balance every month in order to avoid penalty charges. The country's largest bank has put in place a set of rules, which determine the a

The Reserve Bank of India (RBI) said on Monday banks should disclose bad loan divergences if the additional provisioning has exceeded 10 per cent of the company's profit before provision and contingencies.

The central bank altered the additional provisioning requirements, which previously stated that banks should disclose divergences if the

The finance ministry on Friday said the government will borrow Rs 4.42 lakh crore in the first half of the fiscal 2019-20. As per the Union Budget, the gross borrowing was pegged at Rs 7.1 lakh crore for 2019-20, higher than Rs 5.71 lakh crore

A fixed deposit (FDs) is a secure financial instrument offered by banks, post offices, small finance banks, non-banking financial companies which fetch guaranteed returns. In a fixed deposit account, money can be invested for a higher rate of

Gold prices on Monday advanced by Rs 85 to Rs 32,820 per 10 grams reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association. The prices increased on buying by jewellers. Silver, however, declined marginally by Rs 20 to Rs 38,580 per kg. Gold

India Post or Department of Posts, which has a network of 1.5 lakh post offices, offers small savings schemes and insurance services, besides the usual postal services. Among the nine savings schemes that India Post provides, recurring deposit or RD

Government-run Atal Pension Yojana (APY), an unorganised sector-focused pension scheme, offers a fixed, guaranteed minimum monthly pension to subscribers. The subscriber can opt for one of the five monthly pension options: Rs 1,000, Rs 2,000, Rs

The Delhi High Court has rejected former Ranbaxy CEO Malvinder Singh's plea seeking exemption of the quarterly 'pension' received by him from the ambit of an attachment order.

Justice Rajiv Shakdher dismissed the plea seeking permission to operate the bank account and use the Rs 41,05,498 he received as quarterly pension.

Mr Singh was

The current account deficit widened to $16.9 billion in October-December, as the country's key external parameters weakened on higher imports and dollar outflows, Reserve Bank of India data showed on Friday. The current account deficit stood at

At its first bi-monthly monetary policy review of the fiscal year slated for Thursday, the RBI is expected to cut its key lending rate by another 25 basis points (bps) in view of both low inflation and slowing industrial production.

At its

Domestic equity benchmarks rose for third day in a row with the S-P BSE Sensex hitting a fresh record high of 39,115.57 and the broader NSE Nifty 50 Index advancing above its psychologically important level of 11,700 in intraday deals. Buying interest

To stave off any haircut in Jet Airways, the lenders of the company have already started approaching prospective investors, informed sources said on Friday.

Accordingly, the lenders led by the State Bank of India (SBI) have approached various prospective

Aviation watchdog DGCA or Directorate General of Civil Aviation has approved the summer schedule of flights of Jet Airways from March 31 to April 25 only, according to an official document. The summer schedule of flights of all other domestic airlines such as Vistara,

State Bank of India or SBI, country's largest lender, provides a variety of loans under its personal finance portfolio. Housing loan, car loan, personal loan, loans against property and education loans are some of the products offered by SBI. The interest rates applicable on these

The Ministry of Commerce and Industry has proposed to delay by a month the imposition of retaliatory tariffs on some US goods that were due to go into effect from April 1, a spokeswoman told news agency Reuters on Friday. Trade

The EPFO or Employees' Provident Fund Organisation provides several online facilities to its subscribers. One such facility enables EPF (Employees' Provident Fund) subscribers to access the statement of contributions in their account. A subscriber can access

Have you linked your PAN (Permanent Account Number) with Aadhaar card If not, you just have two days left to do so. The Income Tax (IT) Department has made it mandatory for taxpayers to link their PAN with Aadhaar card in order to file Income Tax returns

The rupee recovered some ground on Friday, a day after it declined about 0.6 per cent amid concerns about a slowing global economy. Rising by 16 paise against the greenback, the rupee settled at 69.14 for the day after a choppy session. For the week, the rupee declined by 19 paise against the dollar,

The Reserve Bank of India (RBI) said on Monday it would conduct another round of dollar-rupee buy-sell swap of $5 billion for a tenure of three years on April 23, its second such auction within a month.

The new swap auction tool is meant to

Even as it tries to stave-off a proposed mass leave by a section of pilots, Jet Airways on Saturday said it has the requisite number of aviators to man its fleet currently under operation.

"Operations on Monday are unlikely to be impacted," an official said.

"We have taken a note of the advisory sent by a section of the pilots. We are

Gold prices on Friday dropped by Rs 395 to Rs 32,700 per 10 grams at the bullion market in the national capital, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association. The fall in gold prices was mainly due to low domestic demand amid subdued global trends,

Apart from banks, which offer a a host of financial instruments, the post office also offers several savings schemes with different interest rates. The Sukanya Samriddhi Account, one of the savings scheme offered by India Post - which has a network of more than

The government has kept interest rates of small savings schemes unchanged for the first quarter of the financial year 2019-20, starting from April 1, 2019 and ending on June 30, 2019 , tweeted Ministry of Finance on its official handle- @FinMinIndia. The

April-February fiscal deficit touched 8.51 lakh crore rupees ($123.07 billion), or 134.2 per cent of the budgeted target for the current fiscal year, government data showed on Friday.

Earlier in February, while presenting the annual budget for 2019/20, the government had revised upward its fiscal deficit target to 3.4 per cent of GDP for