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The rupee rose to its highest in two-and-a-half months on Tuesday, buoyed by strong foreign inflows into shares, dealers said. The absence of the Reserve Bank of India's intervention in the forex market added to the rise, they added.

The rupee rose as high as 69.56 per dollar, its strongest since

The rupee on Monday advanced by 25 paise to close at 69.89 against the dollar in line with a strong rally in domestic equities, reflecting positive investor sentiments amid hopes that the NDA government will get the second term. Besides, sustained foreign fund inflows also helped the

Reliance Jio Infocomm which offers wireless telecom services under the brand name Jio, apart from its regular offerings, also gives its users long term recharge packs starting from Rs 999 to Rs 9,999 which include high speed 4G internet, free voice calls and unlimited SMSes,

Petrol and diesel prices were cut marginally across four metros of the country on Tuesday. While the petrol rates were decreased by 5 paise per litre in Delhi, Mumbai, Kolkata and Chennai, the diesel prices were lowered by 7 paise per litre, data from

State Bank of India or SBI, the country's largest lender, offers several home loan products under its personal finance portfolio. Home loan is a product, where customers take loan to buy or renovate house against the same property as collateral. The

India is seeking investment from Saudi Arabia to build emergency crude reserves that will act as a buffer against volatility in oil prices and supply disruptions for the third-largest oil consumer.

Saudi's participation in the Indian Strategic Petroleum Reserve program was discussed at

Bharti Infratel Ltd said on Tuesday mobile carrier and its majority shareholder Bharti Airtel Ltd will lower its direct stake in the telecom tower company by more than a half.

Airtel's unit Nettle Infrastructure Investments Ltd will buy an up to 32 per cent stake in Bharti Infratel by

Jeans maker Levi Strauss - Co said on Monday it expects to raise as much as $587 million through its initial public offering, which marks its return to public markets after more than three decades.

The company expects to offer 3.67 crore shares priced

Indian equity benchmarks moved sharply higher pace by gains in ONGC, Reliance Industries, Coal India, State Bank of India and Hero MotoCorp. The S-P BSE Sensex rose as much as 259 points or 0.70 per cent to 36,930.51 and the NSE Nifty 50 Index crossed over its psychologically important level of 11,100, the index rose as much as 0.75 per cent

The rupee strengthened by 25 paise to 69.64 against the dollar in early trade on Tuesday, driven by sustained foreign fund inflows and weaker greenback against key rival currencies overseas. Besides, selling of dollar by exporters and banks also propelled rupee

A strong inflow of foreign funds and benign oil prices have strengthened the Indian currency but what has worked best for the rupee is the fading impact of war hysteria. Experts now see a chance for the RBI to recoup the reserves it spent in 2018

Domestic equity benchmarks are set to open lower as indicated by the Nifty futures traded on the Singapore Exchange also known as the SGX Nifty. As of 8:31 am, the SGX Nifty traded 0.14 per cent or 15 points lower at 11,042. In Friday's trading session, the Sensex and

Domestic stock markets started Tuesday's session on a higher note amid unabated buying by foreign investors and strong global cues.The S-P BSE Sensex rose as much as 464.98 points to touch 37,519.08, while the Nifty50

Domestic cigarette manufacturer Godfrey Phillips on Monday said it was in compliance with the country's foreign direct investment (FDI) rules, following a Reuters article that alleged it circumvented the laws.

Philip Morris has for years paid manufacturing costs to Godfrey

Asian shares pulled back on Monday after US employment data raised doubts about the strength of the global economy while investor jitters ahead of crucial Brexit votes in the UK parliament this week weighed on the pound.

MSCI's broadest index of

Most banks in the country charge their customers a penalty fee for non-maintenance of monthly average balance (MAB) in their savings accounts. Monthly Average Balance (MAB) is the sum of all the end of day (EOD) closing balance divided by the number of days in that month. These penalty charges levied by lenders for keeping insufficient bank

Gold prices gained Rs 80 to Rs 33,250 per 10 grams at the bullion market on Monday reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association. Gold gained due to fresh buying by local jewellers, even as the metal lost steam overseas, said the report.

Making suggestions for drawing up election manifestoes for the upcoming polls, industry chamber CII on Sunday said the next government should lower the corporate tax to 18 per cent and increase the public expenditure on healthcare and education.

A statement by the Confederation of Indian Industry (CII) said their "suggested election

Cash-strapped Jet Airways' outgoing Chairman Naresh Goyal has sought an immediate funding of Rs 750 crore from the equity partner Etihad Airways.

In a letter on March 8, written to Tony Douglas the Group CEO, Etihad Aviation Group, Mr Goyal has sought the funding by early next week.

"As you are no doubt aware, Jet Airways is in a very

Domestic equity benchmarks (Sensex and Nifty) rose to their highest levels since the third week of September as foreign portfolio investors continue to buy shares in Indian equity markets. Rally in today's session was led by blue-chip shares like Reliance

A BSBD or basic savings bank deposit account is a type of zero balance savings account and does not require customers to maintain any particular minimum balance. Major public sector lenders like State Bank of India (SBI) and Punjab National Bank (PNB) offer the facility of opening a zero balance account. Private sector lenders like HDFC Bank and

Essar Steel promoters and the Standard Chartered Bank on Monday moved the National Company Law Appellate Tribunal (NCLAT) challenging the ArcelorMittal's resolution plan for bankrupt Essar Steel, which was approved on Friday.

Three directors of the erstwhile Essar Steel board approached the NCLAT and mentioned the matter before a

Domestic equity benchmarks extended gains led by buying in blue-chip stocks like Reliance Industries, ICICI Bank, NTPC, State Bank of India, Bharti Airtel and Power Grid. The S-P BSE Sensex rose as much as 415 points or 1.13 per cent to hit intraday high of 37,086 and the NSE Nifty 50 Index climbed 1.2 p

The Insolvency and Bankruptcy Board of India (IBBI) has said that it did not find any contradiction in approvals of resolution for Essar Steel and Binani Cement in the context of "value maximisation". The Ahmedabad bench of National Company Law Tribunal (NLCT)

IRCTC (Indian Railway Catering and Tourism Corporation), which handles the catering, tourism and online ticketing operations of the Indian Railways, also offers the option of ticket cancellation. Once the cancellation is confirmed, the refund is

Petrol prices edged higher by up to 6 paise per litre while diesel rates were cut by up to 11 paise per litre across the four metro cities on Monday, according to state-run Indian Oil Corporation's website - iocl.com. Currently, state-run oil marketing

A fixed deposit (FDs) is a secure financial instrument offered by banks, post offices which fetch guaranteed returns. In a fixed deposit account, money can be invested for a higher rate of interest than savings accounts. One can deposit a lump sum of money in fixed deposits for a

Emerging equities markets have soared this year as investor sentiment towards them rebounds, but for some the enthusiasm is being tempered by worries about surging bad loans at many banks.

Non-performing loans have shot up to a global high of close to 10 per cent of gross credit exposures in India, and they are expected to edge up this year

The rupee appreciated 15 paise to 69.99 against the dollar on Monday on weakening greenback, fresh foreign inflows and higher opening of domestic equities. In its previous session Friday, the rupee edged 14 paise lower to close at 70.14. On a weekly basis, however, the domestic

The Reserve Bank of India may disallow credit rating agencies from the dual role of being advisor-cum-rating agencies for companies.

The move aims to prevent such entities from making biased assessments about the financial condition of their clients and restrict conflict of interest that may seep in.

Official sources said that the banking