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Mumbai: 

The rupee weakened by 26 paise to 71.45 against dollar in early trade on Monday, on increased demand for greenback from importers amid rising crude prices and foreign fund outflows.

At interbank forex exchange, rupee opened lower at 71.38 and weakened further to quote 26 paise lower at 71.45 against dollar.

Forex dealers said dollar's gains

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Under SBI's PPF account, interest income is totally exempt from Income Tax.

State Bank of India (SBI), country's largest lender, offers a host of services to its customers. PPF (Public Provident Fund) account, one such product offered by lender, is a retirement planning-focused instrument. Public Provident

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GoAir recently introduced direct daily connectivity to Phuket from Mumbai, Delhi and Bengaluru.

Budget airline GoAir announced new international flight connections at a starting all-inclusive price of Rs 4,999. The direct weekly flights introduced by carrier, will operate between Kannur in Kerala and Muscat, starting from February 28, 2019, noted

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Advances were led by energy and pharma stocks

Stock markets started Monday's session on a positive note amid cautious trade. The Sensex gained as much as 249 points to touch 36,636 at strongest point in early trade, while Nifty moved up 60 points to hit 10,967. Advances were led by energy and pharma stocks.

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Mr Prabhu said India can increase exports to Africa and Latin American countries.

Gandhinagar: 

Union Commerce and Civil Aviation Minister Suresh Prabhu Saturday said India has potential to be a $5 trillion economy in next 7-8 years. Addressing a seminar on exports at Vibrant Gujarat Global Summit here, Prabhu said his department had prepared a road

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In FY14, disinvestment proceeds were merely 53% of budgeted target, report said.

New Delhi: 

The Centre is unlikely to meet its disinvestment target of Rs 80,000 crore this year, resulting in overshooting fiscal deficit target, Care Ratings said on Friday.

A report by domestic rating agency said that owing to a shortfall in disinvestment realisations

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Finance Minister Arun Jaitley had earlier this month gone to US for treatment

Finance Minister Arun Jaitley will return from United States to present interim budget, top government sources told TheIndianSubcontinent. The finance minister had earlier this month gone to US for treatment, leading to speculation

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Credit is a critical input in achieving higher farm output.

New Delhi: 

The farm credit target is likely to be raised by about 10 per cent to a record Rs 12 lakh crore in 2019-20 Budget to be presented on February 1, according to sources. For current fiscal, government has set a credit target of Rs 11 lakh crore.

"The government has been increasing

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The country's growth story is backed by its strong domestic fundamentals, said Shaktikanta Das.

New Delhi: 

The head of Reserve Bank of India (RBI) said on Friday he would take steps necessary to maintain financial stability in country and help create favourable conditions for growth. The country's economy has grown because of measures such as

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The report also said that global trade conflicts will deepen.

New Delhi: 

India and France are likely to surpass UK in 2019 rankings of world's largest economies, according to latest projections by British consultancy multinational PwC.

PwC's annual Global Economy Watch projects real GDP growth in 2019 of 7.6 per cent for India 1.6 per cent for UK,

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Nifty has been able to eke out gains based on a select few bluechip stocks.

Mumbai: 

The ongoing third quarter earning results, budget expectations, developments in US-China trade relations and Brexit issue will chart course of markets in weeks to come.

Also any volatility in crude oil prices will continue to affect rupee, which has weakened for two

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Fixed deposit interest rates are subject to change from time to time.

Fixed deposits or FDs are secure financial instruments offered by public, private sector banks, small finance banks, non-banking financial companies (NBFCs) and post offices, which fetch guaranteed returns. In a fixed deposit account, money can be invested for a higher rate of

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Under Project Utkrisht, railways has granted Rs 60 lakh per rake to upgrade its interiors and exteriors.

New Delhi: 

After success of Project Utkrisht (best) and Operation Swarn (gold) to provide more premium feeling to passengers travelling in national transport, railways has decided to facelift first-class air-conditioned coaches of seven mail and

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The total number of mobile phone subscribers in country by November end was 117.18 crore.

New Delhi: 

Reliance Jio led subscription race in November 2018 adding around 88.01 lakh subscribers across country, highest among all telecom service providers.

Data released by Telecom Regulatory Authority of India (TRAI) on Friday evening showed that

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Kumar Mangalam Birla said investments in Grasim's chemical business will be around Rs 1,000 crore.

Gandhinagar: 

Aditya Birla Group plans to invest Rs 15,000 crore in Gujarat over next three years on capacity expansion and setting up of new units, its Chairman Kumar Mangalam Birla said on Friday. The group will be making these investments in various

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With petroleum products being outside GST regime, prices vary as a result of local taxes.

Transport fuel rates were hiked sharply on Sunday as global crude oil rates continued to climb handsomely following implementation of output cuts by global oil producers from January 1.

State-run oil marketing companies increased petrol rates by 23 paise per

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India Post or Department of Posts, offers nine types of small saving schemes raging from fixed deposit (FD) account to Senior Citizen Savings Scheme (SCSS), as mentioned on its official website- indiapost.gov.in. Interest rates on post office saving schemes move in line with government's interest rates on small saving schemes, which are revised on

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Group's investments in Gujarat in past five years exceed Rs 50,000 crores, said Gautam Adani.

Gandhinagar: 

Billionaire Gautam Adani on Friday announced over Rs 55,000 crore investment in next five years in a clutch of projects in Gujarat including world's largest solar park, a copper plant, a cement unit, and a lithium battery manufacturing

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Till 2016, Union Budget was presented on last working day of February.

Union Budget, most comprehensive report of government's finances, consolidates revenues from all sources and outlays for all activities. It is prepared by budget division in Ministry of Finance after consulting with other ministries. The

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Net interest income climbed 21.9 per cent, while net interest margin was at 4.3 per cent for quarter.

New Delhi: 

HDFC Bank, country's biggest lender by market value, reported a 20.31 per cent rise in third-quarter net profit on Saturday, lifted by higher interest and fee income.

Net profit rose to a record 5,586 crore rupees for three months to

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Sovereign gold held steady at Rs 25,500 per piece of eight grams.

Snapping four-day rally, gold prices on Friday witnessed a fall of Rs 80 to Rs 33,220 per 10 grams at bullion market in national capital on sluggish demand from jewellers, reported news agency Press Trust of India (PTI) quoting All India Sarafa Association. Silver, however, advanced

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IRCTC Refund Rules: The amount deducted in case of ticket cancellation is based on status of ticket.

Indian Railway Catering and Tourism Corporation (IRCTC) offers facility of online ticket cancellation via its official website- irctc.co.in and mobile app.  On confirmation of cancellation, IRCTC refunds entire amount to account from which booking

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The recurring deposit account is subject to tax deducted at source, said SBI.

State Bank of India (SBI), largest lender of country, offers option of opening a recurring deposit (RD) account that allows customers to save a fixed sum every month and earn an interest income on same. Interest rates offered on

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On Thursday, rupee had settled 21 paise higher at 71.03 against dollar.

The rupee on Friday weakened by 16 paise to close at 71.19 against US dollar amid rise in demand for greenback from exporters and unabated increase in global crude oil prices. This is second successive week of loss for Indian currency. During week domestic unit registered a

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Etihad holds 24 per cent stake in Jet Airways.

The State Bank of India (SBI)-led consortium of lenders is waiting for Securities and Exchange Board of India (SEBI) to decide on a bailout offer by Etihad Airways for financially stressed Jet Airways, SBI Chairman Rajnish Kumar said, Business Standard reported on Saturday.

The UAE-based carrier, which

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On Friday, gold prices witnessed a fall of Rs 80 per 10 grams at bullion market in Delhi.

Gold prices on Saturday fell by Rs 60 to Rs 33,160 per 10 gram at local market in national capital owing to weak demand from jewellers, reported Press Trust of India (PTI) quoting All India Sarafa Association. A weak trend in overseas market also dampened

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Arun Jaitley became first Finance Minister to present a combined Union budget in 2017.

The government will unveil Interim Budget 2019 on February 1. In September 2016, government scrapped 92-year-old practice of presenting rail budgets and general budgets separately. And in 2017, Arun Jaitley became first finance minister to present a combined

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The 124-year-old bank has in recent months reinstated most of 21 employees.

New Delhi: 

The government has sacked two executives of state-run Punjab National Bank (PNB) for allegedly failing to prevent a $2 billion fraud, two sources said on Sunday, nearly a year after country's biggest bank scam came to light and also dragged government into

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The trains are designed to run at a maximum speed of 80 kmph, clocking an average speed of 37.5 kmph.

The Noida-Greater Noida Metro Rail line also called 'Aqua line' is likely to be inaugurated on January 25 by Uttar Pradesh Chief Minister Yogi Adityanath, reported news agency Press Trust of India (PTI) citing Noida Metro Rail Corporation (NMRC) off

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Reliance Industries Ltd. will roll out its online shopping platform to 1.2 million retailers and store-owners in India, sketching out an ambitious plan to take on Amazon.com Inc. and Walmart Inc.'s Flipkart on its home turf.

Mukesh Ambani, Asia's richest man, intends to take on world's largest retailers by combining his Jio telecom service, mobile

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