Sensex and Nifty came off intraday high levels as banking shares witnessed selling pressure.

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

Write comment (90 Comments)

It is expected that Jet's share sale to new investors will be completed in the June quarter.

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

Write comment (97 Comments)

Increase in natural gas prices means higher prices for gas for fertilizers, automobiles and households.

Government has raised the price of its locally produced gas by about 10 per cent to $3.69 per million metric British thermal units (mmBtu) for the April-September period, compared with the previous six months, a source aware of the development

Write comment (100 Comments)

SBI offers car loan scheme with a repayment tenure of up to 7 years.

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

Write comment (100 Comments)

The government had announced last year that it would increase import duties varying on a slew of US goods

New Delhi: 

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

Write comment (98 Comments)

SBI levies a fine of Rs 5-15 from savings account holders failing to maintain the required balance

SBI or State Bank of India levies certain penalty charges from savings account holders failing to comply with its minimum balance requirements. The country's largest bank, SBI charges a penalty ranging from Rs 5 to Rs 15 (excluding GST) from customers

Write comment (95 Comments)

PAN is a 10-digit alphanumeric identification number issued by the Income Tax Department.

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

Write comment (94 Comments)

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,

Write comment (92 Comments)

The Brexit deal was defeated first by a record 230 votes on Jan. 15.

Britain's parliament will hold a special sitting on Friday to discuss and vote on Brexit, potentially unlocking a delay to May 22 to the country's exit from the European Union but falling short of the criteria needed to formally ratify the deal.

The government hopes to avoid

Write comment (97 Comments)
Mumbai: 

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

Write comment (93 Comments)

On Thursday, gold prices had gained Rs 35 to Rs 33,095.

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,

Write comment (96 Comments)

NPS: NPS-Swavalamban can be started with minimum investment of Rs 100.

NPS, the Pension Fund Regulatory and Development Authority (PFRDA)'s National Pension System-Swavalamban - also known as National Pension System-Lite (NPS-Lite) - is a pension scheme focused on the economically disadvantaged individual. Individuals in the age group of 18-60

Write comment (97 Comments)

Investment in the nine small savings schemes earns interest at the rate of 4-8.7 per cent.

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

Write comment (93 Comments)
New Delhi: 

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

Write comment (96 Comments)

The income tax offices have been asked to complete this task in a "time-bound" manner

New Delhi: 

The Central Board of Direct Taxes (CBDT) has issued directions to income tax offices across the country to probe financial transactions of about three lakh firms for tax evasion and money laundering, especially during demonetisation. These firms had

Write comment (95 Comments)

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

Write comment (92 Comments)

As the financial year 2018-19 comes to an end, state-run banks have been directed to remain open on the last day of the month. The Reserve Bank of India (RBI) has advised that "all Pay and Account Offices will remain open on March 31, 2019 (Sunday) to facilitate government receipt and payment transactions",

Write comment (95 Comments)

Today Sensex moved over 200 points higher but turned flat later on.

The Sensex and Nifty turned flat but continue to trade at 6-month highs. The markets came off intraday highs as gains in metal, telecom and information technology shares was offset by losses in banking and financial stocks. In intraday

Write comment (90 Comments)

Jet Airways is offering domestic flight tickets at a starting all-inclusive price of Rs 1,165.

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

Write comment (93 Comments)

Sensex and Nifty logged in smart gains in financial year 2018-19.

The S-P BSE Sensex and NSE Nifty 50 indexes logged in smart gains in financial year 2018-19, which concluded on Friday. The Sensex jumped 5,704 points or 17 per cent and the NSE Nifty 50 Index added 1,510 points to clock a return of 15 per cent in FY18-19. However, the year-long

Write comment (90 Comments)

Ayushman Bharat - Pradhan Mantri Jan Arogya Yojana (PM-JAY) provides hospital cover of up to Rs 5 lakh.

Ayushman Bharat - Pradhan Mantri Jan Arogya Yojana (PM-JAY) provides a cover of up to Rs 5 lakh per family per year, for hospitalisation for over 10.74 crore vulnerable families in cashless and paperless manner, at public and empanelled private

Write comment (98 Comments)

In the Budget, the fiscal deficit target for 2019-20 was retained at 3.4 per cent of the GDP.

New Delhi: 

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

Write comment (91 Comments)

The Sensex moved in a range of 38,546.68-38,748.54 during the session.

Rising for second straight day, domestic stock markets finished Friday's session on higher note on heavy buying in auto and metal stocks amid positive global cues. The BSE benchmark Sensex ended 127 points higher at 38,673 while the NSE

Write comment (93 Comments)

The I-T department has urged the public to link the two to "enjoy seamless income tax services online"

Last date to link your PAN card with Aadhar card is just two days away. The Income Tax Department has urged Income tax assessees to link their Permanent Account Number (PAN) with Aadhaar (UID) by March 31. "Link your Aadhaar with PAN today to enjoy

Write comment (92 Comments)

Both post office recurring deposit (RD) and monthly income scheme (MIS) offer guaranteed returns.

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

Write comment (99 Comments)

Jet has assured authorities that no more planes will be grounded.

New Delhi: 

Jet Airways' investors are cheering this week's government-led rescue deal, but the cash-strapped airline's future looks mired in uncertainty as convincing a new investor to come on board may not be easy.

The airline, which was on the brink of bankruptcy, was bailed out on

Write comment (100 Comments)

Rail Vikas Nigam IPO: RVNL shares have been priced between Rs 17-19.

Rail Vikas Nigam Limited's initial public offering (Rail Vikas Nigam IPO) began today and will last up to April 3. Rail Vikas Nigam Limited (RVNL), the wholly owned government company is a 'Miniratna' (Category - I) company incorporated by the ministry of Railways in 2003 as a

Write comment (90 Comments)

Stable oil prices are expected to ease the current account deficit in future and boost the rupee

Mumbai: 

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

Write comment (96 Comments)

SBI FD interest rates: The countrys largest bank pays a 0.5% higher return to senior citizen depositors

SBI or State Bank of India, the country's largest lender, currently offers eight maturity options of fixed deposits (also known as term deposits). State Bank of India (SBI) provides eight terms for domestic fixed deposit (FD) - or term deposit -

Write comment (92 Comments)

Did you know you can still file your ITR or income tax return for assessment year 2018-19 The Income Tax Department has set a due date of March 31 for income tax assessees to file their income tax return for assessment year 2018-19 (AY2018-19) - which is financial year 2017-18 - with a late fee of Rs 10,000, according to a post by the taxman on

Write comment (99 Comments)