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Business
Domestic stock markets finished Wednesday's session on a positive note as crude prices softened and the Reserve Bank of India (RBI) announced higher bond purchases going forward. Bombay Stock Exchange (BSE)
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Read more: Sensex, Nifty Extend Rally To Seventh Straight Day: 10 Things To Know
Write comment (94 Comments)A total of 3,196 cases of Goods and Services Tax (GST) evasion amounting to Rs 12,766 crore have come to light in the first eight months of the current financial year, the Ministry of Finance said on Tuesday. Also, more than Rs 7,900 crore has been recovered during April-November 2018.
"During the current financial year 2018-19 (between April 2018
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Read more: GST Evasion Of Rs 12,766 Crore Detected In April-November
Write comment (94 Comments)SBI net banking: The customer can use the ATM card issued by the bank to register for net banking
State Bank of India (SBI) provides a variety of services online through its internet banking portal, onlinesbi.com. From activating a newly-received ATM card from the bank to online registration using the ATM card, State Bank of India (SBI)'s internet b
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Read more: How To Activate New State Bank Of India ATM Card Online
Write comment (90 Comments)Gold prices slipped by Rs 210 to Rs 31,850 per 10 gram on Wednesday.
Bucking strong global cues, gold prices slipped by Rs 210 to Rs 31,850 per 10 grams on Wednesday amid poor local demand, reported news agency Press Trust of India. The slide in gold prices came due to easing demand from local jewellers and retailers in the domestic spot market,
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Read more: Gold Prices Lose Over Rs 200, Silver Rates Follow Suit: 5 Things To Know
Write comment (96 Comments)The rupee jumped by 112 paise against the dollar on Tuesday, marking its strongest single-day gain against the greenback in more than five years. The rupee also logged its highest closing level since November 30. A sharp fall in oil prices,
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Read more: Rupee Logs Strongest Single-Day Jump In Over 5 Years: 10 Points
Write comment (100 Comments)The Reserve Bank of India (RBI) may be PM Modi's best hope of swaying voters.
Facing cash flow problems just months before a national election, Prime Minister Narendra Modi could have a savior in the country's new central bank chief. The economy's spending is exceeding its revenue, leaving the government looking for funds to help an ailing banking
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Read more: Government's Cash Problem Just Got More Bearable, Thanks to RBI Switch
Write comment (99 Comments)The company had said earlier this month that it would raise prices across various car models in January
Carmaker Maruti Suzuki India Ltd said on Wednesday it would struggle to meet its target of double-digit sales growth for the year. Indian automakers are grappling with high commodity prices and foreign exchange rates, amid weak monthly sales and
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Read more: Difficult To Meet Double-Digit Sales Growth Target: Maruti Suzuki
Write comment (90 Comments)The train, which starts from Delhi, covers all the important destinations associated with Buddha's life.
IRCTC (Indian Railway Catering and Tourism Corporation) if offering a 50 per cent discount on fare on Buddhist Circuit Tourist Train. "Now avail 50 per cent off on your companion's fare while you book your journey on Buddhist Circuit Tourist
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Read more: IRCTC Offers Up To 50% Discount On Buddhist Circuit Tour Bookings
Write comment (96 Comments)Forty one out of 50 Nifty stocks were in the red.
Domestic stock markets halted their five-day rally on Tuesday amid weak global cues. The S-P BSE Sensex opened at 36,226.38 and the Nifty50 barometer of the National Stock Exchange (NSE) at 10,850.90. In the first few minutes of trade, the 30-share Sensex traded at 36,084.23, down 185.84 points
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Read more: Sensex Loses 185 Points, Nifty Below 10,850
Write comment (100 Comments)GSK plans to have two businesses, one for prescription drugs and the other for over-the-counter products
GlaxoSmithKline plans to split into two businesses -- one for prescription drugs and vaccines, the other for over-the-counter products -- after forming a new joint venture with Pfizer's consumer health division.
The revamp is the boldest
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Read more: GlaxoSmithKline To Split After Joint Venture Deal With Pfizer
Write comment (93 Comments)BSNL-Amazon Prime offer is not applicable for existing Amazon Prime members.
BSNL or Bharat Sanchar Nigam Limited is offering one-year of Amazon Prime subscription free of cost to its customers under select postpaid plans. State-run telecom service provider BSNL's offer is available on postpaid mobile plans of Rs 399 and above, and landline plans
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Read more: How To Avail Free Amazon Prime Subscription With BSNL Plans
Write comment (95 Comments)Airtel, Vodafone Rs 199 prepaid plan: The change marks an increase of 100 MB data per day.
Bharti Airtel and Vodafone have revised their prepaid plans priced at Rs 199 by adding more data benefits for the prepaid subscriber. Under the Rs 199 prepaid plan, both the telecom companies are now offering 42 GBs of data for a period of 28 days, according
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Read more: Airtel, Vodafone Revise 199-Rupee Plans To Offer Additional Data
Write comment (98 Comments)Boeing expects India to become the third-largest commercial aviation market by the early 2020s
Boeing Co raised its projection for aircraft orders from Indian carriers to a record high on Wednesday, predicting the nation's airlines would order up to 2,300 new planes worth $320 billion from global planemakers over the next 20 years.
The US
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Read more: US-Based Boeing Raises Forecast On Orders From Indian Airlines By 9.5%
Write comment (100 Comments)Sovereign, however, continued to be traded at previous level of Rs 25,000 per piece of eight grams.
After falling for two straight sessions, gold prices rose by Rs 60 to Rs 32,060 per 10 grams at the bullion market on Tuesday reported news agency Press Trust of India (PTI). The metal tracked a firm trend overseas amid fresh buying by local
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Read more: Gold Prices Rise After 2-Day Fall: 5 Things To Know
Write comment (95 Comments)During second quarter of the fiscal, Central government issued dated securities worth Rs 1.44 lakh crore
Total liabilities of the government increased to Rs 82 lakh crore at end-September from Rs 79.8 lakh crore at end-June this year, latest data on public debt showed on Monday.
Public debt accounted for 89.3 per cent of total outstanding
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Read more: Government Liabilities Rise By Rs 2.2 Lakh Crore In July-September
Write comment (100 Comments)Shares in SoftBank mobile unit fell by as much as 10% to a low of 1,344 yen.
Shares in Japanese telecoms giant SoftBank's mobile unit traded well below its IPO price on Wednesday in a disappointing debut on the Tokyo stock market despite raising a record amount. A spokesman for the firm confirmed it had raised around 2.65 trillion yen via the
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Read more: After Blockbuster IPO, SoftBank's Mobile Unit Falls 10% On Market Debut
Write comment (91 Comments)The rupee advanced by as much as 71 paise against the dollar on Tuesday. Weakness in the dollar overseas, ahead of the outcome of the US central bank's policy review, along with falling crude oil prices boosted the rupee, say
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Read more: Rupee Jumps Above 71-Mark Against Dollar: 10 Things To Know
Write comment (96 Comments)The sale comprises of seven operating road projects.
Infrastructure Leasing and Financial Services Ltd (IL-FS) said on Monday it had begun the sale of its domestic road assets within its IL-FS Transportation Networks Ltd (ITNL) subsidiary. IL-FS, which is looking to sell assets to pay off debts, plans to sell its stake in the
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Read more: IL FS To Sell Road Assets Held By Subsidiary
Write comment (91 Comments)All 12 PSU bank stocks gained over 1 per cent in trade.
Domestic stock markets extended their gains to a seventh straight session on Wednesday. The S-P BSE Sensex opened at 36,441.46 and the Nifty50 barometer of the National Stock Exchange (NSE) at 10,930.55. At 9:18 am, the 30-share Sensex traded at 36,481.41, up 134.33 points or 0.37 per
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Read more: Sensex Gains Over 100 Points, Nifty Nears 10,950
Write comment (99 Comments)Fund raising by small-and-medium-sized companies have doubled as against last year, Ajay Tyagi said.
The chief of capital market regulator on Tuesday expressed concerns about the slow pace of initial public offerings (IPOs) hitting the market despite approval for filings worth around Rs 60,000 crore ($8.43 billion). However, Ajay Tyagi, the
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Read more: IPO Pricing Should Be Done Carefully In Volatile Times: Sebi's Ajay Tyagi
Write comment (97 Comments)Centre has held off until end-January 2019 raising tariffs on select goods from the United States, deferring for the fourth time retaliatory action against higher import tariffs imposed by the US on steel and aluminium, the government said on Monday.
Angered by Washington's refusal to exempt it from higher steel and aluminium tariffs,
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Read more: Centre Holds Off Raising Import Tariffs On US Goods
Write comment (100 Comments)In a fixed deposit account, money can be invested for a higher rate of interest than savings accounts.
Fixed deposits (FDs) are secure financial instruments offered by commercial 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
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Read more: Fixed Deposit Interest Rates: Here's What Top Banks Offer
Write comment (91 Comments)Vogo's fleet of two-wheelers will be added to the Ola app to broaden the range of vehicles Ola offers.
NEW DELHI: Ride-hailing firm Ola will invest $100 million in Vogo, a domestic scooter sharing start-up, and add the company's fleet of two-wheelers to the Ola app to broaden the range of vehicles it offers, the companies said in a joint statement
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Read more: Ola To Invest $100 Million In Scooter Sharing Start-Up Vogo
Write comment (97 Comments)India Post, under the Department of Posts, has a network of more than 1.5 post offices across the country
India Post has launched an e-commerce portal with an aim to provide an online marketplace to small artisans. India Post - which operates a network of more than 1.5 lakh post office in the country - will ship the products purchased through its
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Read more: India Post Now Has An E-Commerce Portal: 5 Things To Know
Write comment (90 Comments)Section 29A of the IBC was introduced via an ordinance in November 2017.
New Delhi: Finance Minister Arun Jaitley on Tuesday said changes in Section 29A of the Insolvency and Bankruptcy Code (IBC) may be required as the earlier amendment may have been "too wide" in relation to the definition of related parties. "Some people have represented to me
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Read more: Changes In Insolvency Code May Be Needed: Arun Jaitley
Write comment (95 Comments)Indians are buying gold for as little as one rupee (1 cent) as retailers offer online sales in bite-sized portions to prop up shrinking demand in the world's second-biggest consumer.
Demand for gold is falling, partly as a result of government measures, higher local prices and the metal's fading appeal among more youthful customers. That's forcing
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Read more: You Can Buy Gold Online For 1 Rupee, But Here's A Catch
Write comment (98 Comments)Founded in 2011 in Bengaluru, Byju's has been running its 'Byju's Learning App' since 2015
Online tutoring platform Byju's has raised $540 million (Rs 3,865.5-crore) venture funds from Naspers and Canada Pension Plan Investment Board (CPPIB), the company said on Monday. "The new round of funding will drive Byju's to further innovate,
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Read more: Bengaluru-Based Byju's Raises $540 Million From Venture Funds
Write comment (99 Comments)Investment under five years fixed deposit qualifies for benefit under Section 80C of the Income-Tax Act
The Department of Posts, run by the government, offers nine saving schemes with interest rates ranging from 4 per cent to 8.4 per cent. Post office time deposit and post office recurring deposit are two of the saving schemes that offer between
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Read more: Post Office Saving Schemes: Fixed Deposit (FD) Vs Recurring Deposit (RD)
Write comment (96 Comments)INR Vs USD: Rupee opened at 71.34 and appreciated further to quote 37 paise higher at 71.19.
MUMBAI: The rupee appreciated by 37 paise to 71.19 against the US dollar in early trade at the interbank foreign exchange Tuesday after crude prices fell to a 14-month low level in international market. The rise in the rupee was also supported by
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Read more: Rupee Gains 37 Paise As Crude Oil Prices Hit 14-Month Low
Write comment (100 Comments)The rupee appreciated by 34 paise to close at 71.56 against the dollar on Monday. The gain of around 0.5 per cent in the currency came amid strong gains in domestic equity markets, after release of positive trade data by the goverment. Weakness in the dollar against major peers overseas also boosted the currency, say analysts. The rupee opened at 7
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Read more: Rupee Moves Higher To End At 71.56 Against Dollar
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