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Sovereign gold, too, fell by Rs 100 to Rs 26,500 per piece of 8 gram.

Gold prices fell by Rs 120 to Rs 34,080 per 10 gram at the bullion market on Friday, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association. Sentiments remained downbeat largely in tandem with a weak trend overseas where gold retreated to a

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Domestic stock markets started Friday's session on a strong note tracking gains in Asian peers, a day after official data showed India's GDP grew at the slowest pace in over a year. The Sensex jumped as much as 273.23 points to 36,140.67 during the session, while the Nifty moved to 10,871.60, up 79.1 points from the previous close. All sectors

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Growth rate of coal and cement sectors slowed to 1.7 per cent and 11 per cent in January

New Delhi: 

Growth of eight core sectors slowed down to 1.8 per cent in January due to fall in output of crude oil, refinery products and electricity, official data showed Thursday. Eight infrastructure sectors -- coal, crude oil, natural gas, refinery products,

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SIP allows one to decide how much he/she wishes to invest.

Systematic Investment Plan, commonly referred to as an SIP, allows investors to park a certain sum of money periodically in a mutual fund (MF) for a specific period. Mutual funds are operated by professional fund managers, who allocate the fund's

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As a beginner, the most valuable input is appropriate advice and investment guidance.

Money lying idle in a bank account earns a nominal interest. Financial experts advise investors to park their wealth in schemes that offer higher returns. However, too many investment options available in the market may confuse many. One of the basic rules of

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The report also found PNB to follow the best practices in terms of stressed asset management.

One year after being hit by a $2 billion scam, Punjab National Bank (PNB) has topped the list of public sector banks which have shown the best performance based on the government's EASE (Enhanced Access and Service Excellence) reform index. EASE index,

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Amazon Super Value Day sale is valid up to March 7.

E-commerce major Amazon India is offering cashbacks and discounts on sales of monthly groceries under a limited-period sale. Called Super Value Day, the sale by Amazon started on Friday and will remain open till March 7, according to Amazon India, which operates the amazon.in website. Under the

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LPG cylinder price: Currently, consumers purchase cooking gas at market price

LPG prices were increased on Friday, marking the first upwards revision after three straight monthly cuts. In Delhi, while the subsidised LPG will cost Rs 2.08 per cylinder more in March, non-subsidised LPG rate prices have been

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Mumbai/Bengaluru: 

India's economy grew a lower-than-expected 6.6 per cent in the October-December period, the lowest in five quarters, dragged by lower farm and manufacturing growth, government data showed on Thursday. A poll of economists by news agency Reuters had forecast a growth of 6.9 per cent for the December quarter, compared with a

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For the next fiscal 2019-20, the GST collection target has been budgeted at Rs 13.71 lakh crore.

New Delhi: 

GST collections in February dropped to Rs 97,247 crore in February from Rs 1.02 lakh crore in the previous month, the Finance Ministry said on Friday. The number of sales return or GSTR-3B filed for the month of January up to February 28,

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If you look at credit offtake figures of RBI, the industry has been growing around 15-16%, said SBI chief

New Delhi: 

The country's largest lender State Bank of India (SBI) on Thursday said credit growth in the banking sector will continue, allaying fears of certain dip in loan expansion activity in the sector.

"If you look at credit offtake figures

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The RBI has projected a GDP growth of 7.2-7.4% for the first half of the next financial year

India's GDP or gross domestic product growth stood at 6.6 per cent in the quarter ended December 31, 2018, government data showed on Thursday. That marked the slowest rate of GDP expansion recorded since the quarter ended September 2017, and lower than

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Domestic equity benchmarks snapped their three-day decline led by rally in banking, media and metal shares. The S-P BSE Sensex rose 0.55 per cent or 196 points to settle at 36,064 and the NSE Nifty 50 Index climbed 71 points or 0.66 per cent to end at 10,863. Rally in today's session was broad-based as the mid- and small-cap shares

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Naresh Goyal, who founded Jet Airways 25 years ago, has also agreed to reduce his 51%, one source said

Jet Airways' founder Naresh Goyal has agreed to step down as chairman of the airline's board, two sources with direct knowledge of the matter told Reuters on Thursday, as the cash-strapped carrier inches closer to securing a rescue deal.

Mr Goyal,

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Thyssenkrupp is confident it can complete the Tata steel joint venture deal in early 2019

Frankfurt: 

Thyssenkrupp will continue with its break-up plans even if the steel-to-submarines conglomerate fails to win regulatory approval for a separate joint venture with Tata Steel, Chief Executive Guido Kerkhoff said on Thursday.

"The feasibility of the

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SBI accounts are divided on the basis of locations into four categories of branches.

State Bank of India (SBI) levies certain charges on customers failing to meet its monthly average balance (MAB) rules applicable to savings accounts. Monthly average balance of an SBI savings bank account is the average of daily balances in the account in a month,

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IRCTC handles the catering, tourism, and online ticketing operations of the Indian Railways.

In a bid to promote digital transactions, IRTCTC or Indian Rail Catering and Tourism Corporation on Thursday launched its much-awaited payment aggregator system 'IRCTC iPay', reported news agency Indo-Asian News Service (IANS). The exclusive digital payment

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The Supreme Court on Thursday allowed Delhi Police to arrest Amrapali Group chairman and managing director Anil Sharma in relation to a criminal complaint filed against him. The top court said that the Economic Offence Wing (EOW) of Delhi Police can also arrest Amrapali directors Shiv Priya and Ajay Kumar in the case. The three, currently in the

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Sensex and Nifty were underperforming the mid and small cap indexes.

Domestic equity benchmarks came off intraday high levels owing to weakness in Reliance Industries and Bharti Airtel. Meanwhile, gains in banking stocks such as ICICI Bank, Kotak Mahindra Bank and IndusInd Bank continue to support the Sensex and Nifty stay in positive territory.

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New Delhi: 

Johnson - Johnson has resumed production of its baby powder at plants in India after government tests found no asbestos in the product, the company said on Thursday.

"Johnson - Johnson has resumed production of its Johnson's Baby Powder at plants in Baddi and Mulund, after government sanctioned testing reaffirmed that the product

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S-P BSE Information Technology Index was top loser, down 1 per cent.

Domestic equity benchmarks clocked their third day of losses in a row dragged by selling pressure in information technology and automobile heavyweights. Meanwhile, the losses were capped as capital goods, consumer durables, metal and oil - gas shares witnessed buying

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Aadhaar is a 12-digit personal identification number issued by Unique Identification Authority of India

The Income Tax Department has announced March 31 as the due date for income tax assessees to link their PAN (Permanent Account Number) with Aadhaar card number. This means that you have about a month to link your PAN card with Aadhaar card if you

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Merger of Vijaya Bank and Dena Bank with Bank of Baroda is underway to create third biggest PSU bank.

The government is studying various models of PSU banks consolidation though a concrete decision will be taken only after the success of three-way merger of Bank of Baroda (BoB), Dena Bank and Vijaya Bank, official sources said on Thursday.

"There

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Arun Jaitley addressing the board meeting of NABARD in the national capital.

New Delhi: 

Union Finance Minister Arun Jaitley said on Thursday that industry leaders must give up the tendency of not paying back loans to banks as the ''new normal'' is already in place.

"The message has gone home loud and clear that people -- and particularly those in

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Finance Minister Arun Jaitley approved the extension in the term of the task force

New Delhi: 

A task force set up under the Central Board of Direct Taxes (CBDT) to draft a new direct tax law and replace the existing Income Tax Act has been given a three-month extension till May, an official order said. The current term of the task force expired on

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The shares of Bharti Airtel on the BSE settled at Rs 317.95 per share on Thursday

Mumbai: 

Telecom major Bharti Airtel on Thursday said its board of directors has approved fund raising up to Rs 32,000 crore, through rights issue and perpetual bonds.

The board, in its meeting during the day, approved a proposal to raise Rs 25,000 crore through rights

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EPFO Online Nomination: EPF is a mandatory contribution from every employee toward retirement savings

Retirement fund body Employees' Provident Fund Organisation (EPFO) allows subscribers to submit their Provident Fund (PF) account's nomination details online via its official portal- unifiedportal-mem.epfindia.gov.in. Employees' Provident Fund (EPF)

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On Thursday, the rupee rebounded by 52 paise to close at 70.72 against the dollar.

Mumbai: 

The rupee depreciated by 14 paise to 70.86 against the dollar in early trade on Friday on increased demand for the US currency from importers and foreign fund outflows. Besides, strength in dollar against major rival currencies on stronger US economic data

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The domestic currency had tumbled 17 paise to 71.24 against the dollar on Wednesday.

The rupee recovered by 52 paise to close at 70.72 against the dollar on Thursday as investors wagered on de-escalation of tensions between India and Pakistan, reported news agency Press Trust of India (PTI). A weaker dollar

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JioPhone2 is an upgraded version of Reliance Jio's existing feature phone called JioPhone.

Reliance Jio's flash sale of its JioPhone2 began today with handsets starting at Rs 2,999. The 4G-enabled JioPhone allows users a horizontal viewing experience with a QWERTY keyboard for ease of messaging, Reliance Jio said on its website www.jio.com.

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