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The entity will be Europe's second-largest steelmaker after ArcelorMittal.

FRANKFURT: 

Germany's Thyssenkrupp and India's Tata Steel on Monday named the top management of their planned European joint venture, ending months of uncertainty over who will join the entity's leadership. Andreas Goss, the head of Thyssenkrupp's steel division, will become

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The maturity period of Post Office MIS account is 5 years.

India Post, the postal system of the country offers several saving schemes with different rates of interest besides postal services. One such savings scheme offered by India Post is monthly income scheme (MIS). The post office MIS account offers an interest rate of 7.3 per cent per annum,

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GoAir is offering flight tickets at a starting all-inclusive price of Rs. 999.

Amid high competition in the country's civil aviation sector, airlines have come up with new routes and also announced a host of discount offers on domestic and international flight tickets. GoAir is offering flight tickets at a starting all-inclusive price of Rs. 999

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ESAF Small Finance Bank offers 8.75% interest on a fixed deposit of 365-727 days.

Small finance banks (SFBs) are focused on financial inclusion by provision of savings vehicles and supply of credit to small business units, small farmers, micro and small industries, and other unorganised sector entities. Small finance banks aim to run

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Developments surrounding the winter session of Parliament will have a bearing on the market.

MUMBAI: Global cues like the US interest-rate decision as well as developments surrounding international trade tensions are expected to determine the trajectory of major domestic equity indices, experts said. "It is expected that the market would continue

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A POSB customer can access the internet banking facility at ebanking.indiapost.gov.in.

India Post, under the Department of Posts (DOP), on Friday launched internet banking services for all the post office savings bank (POSB) account holders, mentioned state-run postal system on its official Twitter handle. Under this new facility, customers will be

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Google said the new campus would be the primary location for its global business organisation

Alphabet Inc's Google is investing over $1 billion to establish a new campus in New York, becoming the second major technology company after Amazon to pick America's financial capital to expand and create thousands of jobs. The 1.7 million square-foot

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Allahabad Kumbh Mela 2019: Indian Railways to operate trains to ferry 5,000 Pravasi Bhartiyas.

The Indian Railways has proposed to run 800 special trains from various stations of Prayagraj district in order to facilitate the arrival of tourists for Prayagraj Kumbh Mela 2019, a religious fair that will be held from January 15, 2019 to March 4, 2019,

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The booking period of GoAir's offer on select flight tickets end on December 16, 2018.

GoAir is offering flight tickets at a starting all-inclusive price of Rs 999 under a special promotional sale scheme, stated the airline in a tweet on its official handle- @goairlinesindia. The booking period of GoAir's offer on select flight tickets end on

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All leading commercial and small finance banks offer the option of opening a fixed deposit account.

Money lying idle in a bank account earns nominal interest. Financial experts advise investors to part their wealth in schemes that offer better returns. People looking for higher returns than a savings bank account can invest in stock and debt

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Normalisation of Brent Crude oil to around $60 was another key theme of the week.

MUMBAI: Expectation of lower interest rates with further liquidity infusion by the Reserve Bank of India (RBI) under its new chief, along with healthy macro-economic data points, drove the key equity indices forward. The domestic equity market opened on a dismal note,

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Arun Jaitley said oil prices have a direct impact on India, since the country is a major importer.

New Delhi: The government will stick to the 3.3 per cent fiscal deficit target in the current financial year, Finance Minister Arun Jaitley said Friday. He also said India will clock a growth rate of 7-8 per cent despite global uncertainties and will

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Thirty-four out of 50 Nifty stocks finished higher.

Domestic stock markets finished on a firm footing on Monday, extending their gains to the fifth consecutive session. The S-P BSE Sensex closed 307.14 points or 0.85 per cent higher at 36,270.07, while the broader NSE Nifty settled at 10,888.35, up 82.90 points or 0.77 per cent. Advances were

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AMB is the minimum average of deposits required by the bank customers in their savings bank accounts

State Bank of India (SBI) offers the option of opening a zero balance savings account in order to encourage people to make investments. Zero balance accounts are saving accounts where average monthly balance (AMB) rule is not applicable. Average

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SpiceJet will deploy its Boeing 737-800 aircraft on all these routes.

Budget carrier SpiceJet said it will operate six new direct flights connecting Chennai with pilgrim centres like Varanasi and Shirdi besides tourist spots including Port Blair and Bagdogra.

"All the flights are scheduled to commence from January 10, 2019, except the one on

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S-P views as credit negative the circumstances leading to resignation of Urjit Patel, analysts said.

LONDON: 

The increasing involvement of the government in the affairs of the country's central bank is a negative for the ratings of giant Asian economy's banking system, S-P Global said on Monday. "S-P Global Ratings views as credit

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Currently, India's debt-to-GDP ratio is around 70 per cent.

New Delhi: 

The government will focus more on debt management compared to its current focus on fiscal deficit for the next few years, as there is a "huge overhang of public debt", Economic Affairs Secretary Subhash Chandra Garg said on Saturday. Speaking at the Annual General Meeting of the

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Jaitley had on Thursday defended government's demands that include further liquidity for NBFCs.

New Delhi: Finance Minister Arun Jaitley on Friday said sovereign government flagging issues of credit and liquidity does not infringe on the Reserve Bank's autonomy and hoped things will work out with the central bank in future. On a day when the board

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INR Vs USD: Rupee opened higher at 71.84 and rose further to quote at 71.74.

MUMBAI: The rupee appreciated by 16 paise to 71.74 against the US dollar in early trade Monday at the interbank foreign exchange, amid weakness in the greenback against some currencies overseas and a higher opening of domestic equities. Forex traders said, increased

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However, sovereign gold stood steady at Rs 25,000 per 8 grams.

Gold prices on Saturday declined by Rs 30 to Rs 32,190 per 10 grams at the bullion market in the national capital on weak demand from local jewellers, reported news agency Press Trust of India (PTI). However, sovereign gold stood steady at Rs 25,000 per 8 grams. Similarly, silver rates

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Around 17 crore post office savings accounts will be intra-operable, the statement said.

New Delhi: Communications Minister Manoj Sinha on Friday launched the internet banking facility for Post Office Savings Bank (POSB) customers who are under Core Banking Solution. The Minister also launched e-commerce portal of the Department of Posts providing

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The Sensex opened 166.2 points higher at 36,129.13 on Monday, and the Nifty at 10,853.20

Domestic stock markets started the week on a firm note on Monday despite weak global cues. The S-P BSE Sensex opened at 36,129.13, up 166.2 points from the previous close - and the Nifty50 barometer of the National Stock Exchange up 47.75 points at

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Recurring deposit (RD) interest rates, once determined, do not change during the tenure.

Recurring Deposit (RD) is one of the secure investment instrument offered by banks, small finance banks and post offices. Unlike a fixed deposit (FD) account, in which a lump-sum amount is locked in for a defined period against a fixed return, a recurring

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Jio provides 60-750 GBs of high speed data in four long-term prepaid recharge plans priced from Rs 999

Reliance Jio offers four recharge plans in the long-term category to its prepaid subscribers. Reliance Jio - the provider of telecom services under brand Jio - provides high speed data to the tune of 60-750 GBs, among other benefits, over a

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Institutions such as small finance banks and post offices also offer the facility of recurring deposit.

Recurring Deposit or RD is a kind of term deposit under which one needs to deposit a fixed amount at fixed interval, which generates interest income. On maturity, the depositor is paid a lump-sum amount which includes the periodic investments and

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One can deposit a lump sum amount of money in fixed deposits from seven days to 10 years.

A fixed deposit (FDs) is a secure financial instrument offered by banks, which fetch guaranteed returns. In a fixed deposit account, money can be invested for a higher rate of interest than savings accounts. One can deposit a lump sum of money in fixed deposits

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Sovereign gold stood steady at Rs 25,000 per 8 gram.

Gold prices on Friday ended steady at Rs 32,220 per 10 gram at the bullion market in the national capital amid weak global cues, reported Press Trust of India (PTI). Silver rates, however, dropped by Rs 200 to Rs 38,600 on weak demand from industrial units and coin makers. Globally, gold eased

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AMB is the minimum average of deposits required by the bank customers in their regular savings account.

Regular savings bank accounts require customers to maintain a certain average monthly balance (AMB) every month. AMB is the minimum average of deposits required by the bank customers in their regular savings bank accounts. Leading banks such as St

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For online bookings, IRCTC offers several payment options which can be used as per user's convenience.

IRCTC (Indian Railway Catering and Tourism Corporation), the e-ticketing arm of Indian Railways, offers the facility of booking tickets from the comfort of home. Advance bookings can be generally done up to 120 days in advance for all classes and

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The rupee finished the week with a loss of 109 paise, or 1.5 per cent, against the dollar

The rupee fell by 22 paise to close at 71.90 against the dollar on Friday, reported news agency Press Trust of India. Strength in the dollar against major peers overseas coupled with choppy trade in domestic equity

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