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Reliance Jio's Happy New Year Offer: This offer is valid only till January 31, 2019.

Reliance Jio on Friday announced a special 'Happy New Year' offer in partnership with AJio. Under the new scheme, Reliance Jio is offering 100 per cent cashback on prepaid recharge plan of Rs 399, the operator said on its official website- jio.com. This is a l

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Heavyweights HDFC, HDFC Bank, Reliance and ICICI Bank contributed the most to the gains on the Sensex.

Domestic stock markets rose for a third straight day on Friday, tracking firm global cues, heavy foreign fund inflow and strengthening rupee. The S-P BSE Sensex surged as much as 363.28 points to touch

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Air India has also realised a rental income of Rs 314 crore approximately, the minister said.

New Delhi: 

The government has prepared a revival plan for Air India that provides for a comprehensive financial package, differentiated strategies for each of the airline's core businesses and robust organisational reforms, Union Minister Jayant Sinha said

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Steel Authority of India Ltd (SAIL) wants to sign JV agreement with ArcelorMittal next month, SAIL's chairman said on Friday.

Higher input costs mean no scope for a cut in local steel prices, SAIL Chairman Anil Kumar Chaudhary said.

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IndiGo has not responded despite many complaints, said Derek O' Brien.

Private airline IndiGo is the "worst performing" carrier for consumers, while national carrier Air India has the best luggage policy, said parliamentary panel on civil aviation chairman Derek O' Brien. TMC MP Derek O'Brien, who heads the Parliamentary Standing Committee on

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E-commerce companies can make bulk purchases through their wholesale units.

New Delhi/Mumbai: 

Government will ban e-commerce companies such as Amazon.com and Walmart-owned Flipkart Group from selling products from companies in which they have an equity interest.

In a statement, the government also said that the companies will be prevented from

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Union Minister Ravi Shankar Prasad said six PSU companies will be listed on stock exchanges

The government on Friday said that the Cabinet Committee on Economic Affairs (CCEA) has cleared share sale plans of seven public sector companies. Giving details of the PSU (public sector undertaking) companies, Union Minister Ravi Shankar Prasad said the

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The domestic unit moved in a range of 70.39 to 70.18 during the day, before closing at 70.35.

Mumbai: 

The rupee tumbled by 29 paise to 70.35 against US dollar Thursday amid strengthening of the greenback even as crude oil prices eased. Brokers said the US dollar firmed up against major global currencies following easing of tensions between the

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Rupee vs Dollar: Rupee moved in a tight range of 70.31 to 70.22 in the morning trade.

The rupee weakened by 19 paise to 70.25 against the US dollar in early trade on Thursday due to fresh buying of the American currency by importers and banks, news agency Press Trust of India (PTI) reported. A higher opening of domestic equity market, however,

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Share markets on Friday: The Nifty PSU Bank Index ended 1.02 per cent higher.

Domestic stock markets extended their rising spree to a third straight day, with the Sensex regaining the 36,000 mark after a week tracking positive cues from Asian peers. The 30-scrip Bombay Stock Exchange (BSE) benchmark index

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Post Office 15-year PPF Account: Nomination facility is available at the time of opening the account.

India Post or Department of Posts, which runs the postal network of the country, offers a number of saving schemes with different interest rates. 15-year Public Provident Fund Account (PPF) is one among nine small savings schemes offered by India

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Heavyweights Reliance, Yes Bank, Vedanta and Sun Pharmacontributed the most to the gains on the Sensex.

Domestic stock markets started Thursday's session on a positive note, taking cues from Wall Street as US stocks recovered from heavy losses after the White House assured that US President Trump had no

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Jet Airways is offering 30 per cent discount on domestic and international flight tickets.

Airlines have announced a host of discount offers on domestic and international flight tickets. Jet Airways has announced a discount of up to 30 per cent in a limited-period scheme. GoAir is offering domestic flight tickets at a starting price of Rs. 1,399 in

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The booking period of GoAir's flight ticket offer ends on December 30, 2018.

GoAir is offering domestic flight tickets at a starting all-inclusive price of Rs 1,399 in a special promotional sale offer, said the carrier on microblogging site-Twitter. The booking period of GoAir's flight ticket offer ends on December 30, 2018. This special sale is

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SpiceJet will deploy its Bombardier Q400s on all new routes.

New Delhi: 

SpiceJet announced Wednesday a daily direct flight on the Kolkata-Lilabari route under the regional connectivity scheme, UDAN. Reiterating its focus on regional connectivity agenda, the airline also announced a new direct flight connecting Kolkata with Jabalpur and an

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NEW DELHI: 

Secretary in the Ministry of Steel Binoy Kumar said on Friday that the government is in talks with the United States over exemptions on steel tariffs.

The government will also seek relief from Canada over quotas and tariffs next month, Binoy Kumar, the top most bureaucrat in the steel ministry, told reporters, as Indian steel companies

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E-Commerce Policy: The government on Wednesday introduced changes to foreign direct investment rules.

The government will announce a new draft policy for e-commerce in a few weeks, a source in the government said on Thursday, a day after the country tweaked foreign investment rules for the burgeoning sector.

The new e-commerce policy could entail

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The board of RBI in its meeting on November 19 had decided to constitute the panel.

MUMBAI: 

The RBI Wednesday named former governor Bimal Jalan as the head of the expert panel that will decide on the appropriate size of reserves that the central bank should maintain and the dividend it should give to the government. Former economic affairs

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In Rajdhani, Duronto and other AC trains, the number of seats earmarked for this category will be nine.

Indian Railways has enhanced the combined reservation quota of lower berths for senior citizens, female passengers of 45 years and above and pregnant women in mail, express trains and Rajdhani, Duronto trains, Ministry of Railways said in a

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Net tax receipts in the 8 eight months of the fiscal year that ends in March 2019 were Rs 7.32 lakh crore

NEW DELHI: 

The government risks missing its budget deficit target for the current fiscal year, data released on Thursday suggested, and economists said the government had already started to cut capital spending in an attempt to narrow the gap.

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Stock markets reversed their early losses to close the day with gains.

The rupee trimmed its early sharp gains to settle 8 paise higher at 70.06 against the US currency mainly due to dollar buying by importers in the last hour of trade. The dollar strengthened against major global currencies in a restricted trade which also weighed on the domestic

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Train 18 is set to replace the Shatabdi series.

New Delhi: 

Train 18, India's fastest train, will begin operations in January 2019 at a curtailed speed of 130 kmph, sources said on Thursday. Train 18, which is set to replace the Shatabdi series, has the potential to run between 160 kmph to 200 kmph. At trials, it breached the 180-kmph mark.

"Train 18

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Railway Minister Piyush Goyal described 2018 as "a year of many firsts" for the transporter

New Delhi: 

For the Indian Railways, calendar year 2018 saw the national transporter manufacturing the country's fastest train, rolling out its first air-conditioned local train, commissioning its longest bridge and converting a diesel locomotive into

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These changes will come into effect from February 1 next year.

Tightening norms for e-commerce firms having foreign investment, the government on Wednesday barred online marketplaces like Flipkart and Amazon from selling products of companies where they hold stakes and banned exclusive marketing arrangements that could influence product price. The

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Foreign portfolio investors (FPIs) bought shares worth Rs 1,731.91 crore on Thursday on a net basis.

The rupee rose by 30 paise to 70.05 against the US currency in opening trade Friday aided by foreign fund inflows amid a weak dollar globally and sharp fall in crude oil prices. Domestic stock markets opened with gains of up to 1 per cent which also

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Sovereign gold rose by Rs 100 to Rs 25,100 per piece of eight grams.

After rising for three straight sessions, gold prices on Thursday declined slightly by Rs 50 to Rs 32,450 per 10 grams at the bullion market in the national capital, due to weak trend overseas, reported news agency Press Trust of India (PTI). Silver, however, witnessed a jump of

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Sovereign, however, traded flat at Rs 25,000 per piece of eight grams.

Gold prices on Wednesday rose by Rs 100 to Rs 32,500 per 10 grams at the bullion market, owing to increased buying by local jewellers amid positive trend overseas, reported news agency Press Trust of India. Following the movement of gold, silver also jumped by Rs 125 to Rs

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Panel recommended instituting a "proper monitoring system" to check the behaviour of airlines' staff.

New Delhi: 

A parliamentary panel has recommended to the government not to allow airlines to charge high fares during the festive and holiday seasons in the name of deregulation.

" The committee has taken a very strong view and the committee notes

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Top gainers on the Nifty included Adani Ports, Tech Mahindra, Infratel and Infosys

Domestic stock markets extended gains to a second straight session amid positive global cues. Bombay Stock Exchange benchmark index Sensex ended 157 points higher at 35,807 on Thursday, and the Nifty finished at 10,779, up 49

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Beleaguered Infrastructure Leasing - Financial Services Ltd said on Wednesday it appointed retired Indian Administrative Service official Bijay Kumar as its deputy managing director.

The debt-laden company also appointed N Srinivasan as a non-executive director.

 

(Except for the headline, this story has not been edited by TheIndianSubcontinent

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