Business

With different investment options available in the market, it has become easy for an investor to choose the plans that suit their requirements. However, one should pick an option as per his/her risk appetite, investment horizon, age and financial goals, say experts.

The government has approved a legislation that will simplify the sale of the government's stakes in state-run companies, Finance Minister Arun Jaitley said on Friday.

The Centre has been working to privatise often loss-making public companies, but was forced to shelf plans to sell national airline Air India last year after failing to

India needs to ramp up exports if workers are to enjoy higher wages, according to a new report from the World Bank and the International Labor Organization.

While the link between exports and economic growth is widely accepted, the authors show how trade can help

UK-based automobile and aerospace major Rolls-Royce has selected Infosys as a strategic long-term partner to deliver engineering and digital services, said the global software services major on Thursday.

"As part of the engagement, we will offer Rolls-Royce engineering and digital solutions to meet its customers' needs for sustainable energy," said

The cabinet approved incentives worth Rs 3,300 crore rupees ($471.21 million) to help sugar mills boost ethanol production capacity, Finance Minister Arun Jaitley said on Thursday.

The diversion of sugarcane for ethanol production will help cut sugar output, which in turn, will improve financial health of sugar mills that have been

State Bank of India (SBI) offers National Pension System (NPS) with an objective to provide social security to all citizens of India. NPS is a defined contribution pension system introduced by the Government of India as a part of pension sector reforms.

Volkswagen will challenge a ruling by the National Green Tribunal (NGT) that imposed a fine of Rs 500 crore rupees ($71 million) on the German carmaker for emission violations.

An investigation by government in 2015 found that Volkswagen had flouted local pollution

Losses in information technology, pharma and metal stocks dragged the markets lower

Ultra-high-net-worth individuals or some of the richest people in India are buying properties abroad, according to the Attitudes Survey conducted by global real estate consulting firm Knight Frank. The United Kingdom and United States are among the

Business organisations using Aadhaar services will now have to pay Rs 20 for each customer verification and 50 paise for authentication of each transaction carried out by the entities, the Unique Identification Authority of India (UIDAI) said on Thursday.

"Aadhaar authentication services shall be charged at the rate of Rs 20 (including taxes) for

State Bank of India or SBI, the country's largest lender, offers a wide range of services under its personal banking segment. From deposit schemes to ATM services, from net banking facility to money transfer services, the lender provides a variety of options for customer's requirements.

The rupee rallied by 21 paise to close at 70.28 against the US dollar on Wednesday on easing crude oil prices even as the greenback strengthened vis-a-vis other major currencies. Forex traders said heavy buying in domestic equities and robust foreign

The rupee darted up 28 paise to close at 70 against the dollar on Thursday amid robust foreign inflows and strong buying in domestic equities. This is the third straight session of gain for the domestic currency, during which it has strengthened by 92

Bharti Airtel said on Thursday its promoters would take part in the $4.57 billion capital-infusion plan by subscribing to its rights issue.

Promoter Singapore Telecommunications Ltd (Singtel) will subscribe to 17 crore shares in the Airtel's rights issue for a total consideration of Rs 3,750 crore ($535.89 million), the Singapore-based company said

Gold prices edged lower by Rs 20 to Rs 33,430 per 10 grams on Wednesday, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association. That marked the fifth straight session of losses. Gold prices fell due to weak demand from

The S-P BSE Sensex has come off the all-time high level of 38,989.65 registered on August 29, 2018, and has since declined nearly 6 per cent. Global brokerage Morgan Stanley expects the Sensex to hit 42,000 by December this year. The stock markets witnessed a selloff from

The rupee is down about 0.73% against the dollar so far this year

Tata Group should treat the speed bump at Jaguar Land Rover as a timely memo: The $102 billion salt-to-software conglomerate can no longer put off listing its closely held parent.

UK-based Jaguar Land Rover Automotive Plc is burning cash on electric-vehicle technology just as the double whammy of a Chinese auto slowdown and Brexit threatens margins

Domestic equity benchmarks rose for a fourth day in a row led by ITC, HDFC Bank, Larsen - Toubro and Axis Bank. However, the gains were capped as Infosys, Coal India, Sun Pharma and Bajaj Finance came under selling pressure. The S-P BSE Sensex rose 0.24 per cent or 89 points to close at 36,725 and the NSE Nifty 50 Index edged 0.05 per cent

Domestic stock markets started Thursday's session on a positive note, with the Sensex gaining more than 100 points, amid mild advances in Asian peers. The S-P BSE Sensex added as much as 113.2 points to touch 36,749.30 in early trade, while the NSE Nifty moved to 11,077.95, up 24.95 points from the previous close. Buying in fast-moving

Domestic equity benchmarks rose for third session in a row mirroring gains in other Asian markets thanks to a rally in Chinese stocks on expectations of more economic stimulus. Gains in today's session were led by Reliance Industries, ICICI Bank, HDFC, ITC and Bajaj Finance.

India wants to keep buying Iranian oil at its current level of about 300,000 barrels per day (bpd), as it negotiates with Washington about extending a sanctions waiver past early May, two sources with knowledge of the matter said.

India has reduced its purchases of Iranian oil

There are three major provident fund accounts available in the country namely Employees' Provident Fund or EPF, General Provident Fund or GPF and Public Provident Fund or PPF account. EPF is a compulsory retirement saving option that is deducted from the

Amid high competition in the civil aviation sector, airlines have come up with a slew of offers on domestic and international flight tickets. Passenger carriers IndiGo and GoAir are currently offering flight tickets at a starting price of Rs 899  and Rs 1,199 r

The Cabinet on Thursday approved a plan to revive some of the some stressed thermal power plants and set up new coal-fired power plants to curb power deficit, Finance Minister Arun Jaitley said.

Power projects of 1,320-megawatts of capacity would

The US trade deficit surged to a 10-year high in 2018, with the politically sensitive shortfall with China hitting a record peak, despite the Trump administration slapping tariffs on a range of imported goods in an effort to shrink the gap.

The

Fixed deposits or FDs are secure financial instruments offered by banks and non-banking financial companies (NBFCs), which fetch guaranteed returns. The interest rates offered on company fixed deposits are higher than those on bank fixed

Telecom companies Reliance Jio, Vodafone Idea and Bharti Airtel are offering 4G internet recharge packs priced from Rs 149 to their prepaid customers. Aggressive pricing of mobile data by billionaire Mukesh Ambani-led Reliance Jio Infocomm, which forayed into the

The phenomenal growth of Reliance Jio, backed by its ultra-cheap data plans that has transformed the telecom scenario in India, has helped Reliance Industries Chairman Mukesh Ambani move six places up to 13th rank in US magazine Forbes' "World's Billionaire

Shares of the Mumbai-based mortgage lender-Dewan Housing Finance Corporation Ltd. surged as much as 20 per cent to Rs 160.80 on the BSE after an independent chartered accountant firm T. P. Ostwal - Associates LLP gave clean chit to DHFL promoters on the allegations made by Cobrapost. DHFL said in an