Business

State-run carrier Air India on Sunday received praise from film star Shah Rukh Khan who said that he had "a hospitable, warm, beautiful journey" onboard the airline. Declaring himself "unofficially and unabashedly", the "ambassador of Air India", Mr Khan, 53, said, " Thank u to the ground staff and the wonderful pilots for a hospitable warm and

Details
Category: Business

Write comment (98 Comments)

According to eMarketer, Walmart is poised to capture 4 per cent retail e-commerce sale this year.

Arkansas, United States: 

This year seems to be a tad slow for Apple as e-commerce giant Walmart has overtaken the iPhone maker to become number 3 online retailer in the US. According to a report from eMarketer, Walmart is poised to capture 4 per cent

Details
Category: Business

Write comment (96 Comments)

India Post Payments Bank or IPPB, a state-owned payments bank, currently offers four types of bank accounts to customers. Of these, three are savings accounts - regular, digital and basic - and one current account. The four kinds of bank accounts at IPPB come with different features, such as limits on withdrawals, balance requirements and charges

Details
Category: Business

Write comment (92 Comments)

Government wants RBI to ease lending curbs on 11 state-run banks which had debt, capital adequacy issues.

As Prime Minister Narendra Modi's government turns up the heat on the Reserve Bank of India (RBI) governor to do its bidding ahead of next year's general election it is getting the central bank's board to take on a much more powerful role,

Details
Category: Business

Write comment (96 Comments)

Airtel's Rs 419 pack also offers 100 free SMSes per day till the validity period.

Bharti Airtel has launched a new prepaid recharge plan priced at Rs 419. Under this recharge pack, the telecom major is offering 1.4 GBs of per day data, unlimited calling, among other benefits, for a total validity period of 75 days, according to Bharti Airtel's

Details
Category: Business

Write comment (98 Comments)

The IL-FS board has decided to sell off its assets as part of a restructuring plan

New Delhi: 

Gas utility GAIL (India) might be interested in buying some of the wind assets of debt-laden Infrastructure Leasing and Financial Services (IL-FS) but has yet to have any discussion on the matter, two sources from GAIL said on Friday.

The new board

Details
Category: Business

Write comment (99 Comments)

Brent crude fell 4.6 per cent in the week, the sixth consecutive decline.

Oil-marketing companies slashed the prices of petrol and diesel across the four metro cities on Sunday. Petrol is priced at Rs. 76.71 per litre in New Delhi, Rs. 78.65 per litre in Kolkata, Rs. 82.23 per litre in Mumbai and Rs. 79.66 per litre in Chennai, according to Indian

Details
Category: Business

Write comment (95 Comments)

In Mumbai, petrol and diesel prices were Rs 82.43 per litre and Rs 75.16 per litre respectively.

Petrol and diesel prices were reduced by 19-20 paise per litre across major metro cities on Sunday. In Delhi, petrol was sold at Rs 76.91 per litre and diesel rate stood at Rs 71.74 per litre with effect from 6:00 am on Sunday, according to state-run

Details
Category: Business

Write comment (93 Comments)

Other than providing a free intra-bank fund transfer service to its customers, India Post Payments Bank also provides instant money transfer services. IPPB or India Post Payments Bank charges a fee ranging from Rs 2.5 to Rs 50 per transaction from its customers for instant money transfer through NEFT, RTGS and IMPS payments platforms, according to

Details
Category: Business

Write comment (90 Comments)

The railways earned about Rs 800 crore from flexi-fares in the last fiscal.

The revised flexi-fares for premier trains will be applicable from March 15, 2019 -- and advance bookings have commenced as the changes required in the software have been executed.

Aimed at giving relief to passengers and also offering convenience and competitive fares to

Details
Category: Business

Write comment (99 Comments)

AirAsia is offering one-way tickets at Rs. 399 on domestic and Rs. 1,999 on international routes

Airlines have announced a host of discount offers on domestic and international flight tickets. GoAir is offering flight ticket starting from Rs. 1,313, according to the airline. AirAsia is offering one-way tickets at Rs. 399 on domestic and Rs. 1,999

Details
Category: Business

Write comment (100 Comments)

SBI reinvestment plan: There is no maximum limit for deposits, according to the bank.

State Bank of India (SBI), the largest lender of the country, offers a variety of products ranging from savings accounts to fixed deposits (FDs). One such product offered by SBI is the reinvestment plan, which works like a fixed deposit (FD). The only difference

Details
Category: Business

Write comment (98 Comments)

Jeevan Pramaan was launched by government on November 10, 2014.

Pensioners should submit their life certificate by November 30, 2018 in order to continue receiving their pension, said State Bank of India (SBI), country's largest lender, on its official Twitter handle- @TheOfficialSBI. The life certificate can be submitted either by visiting the

Details
Category: Business

Write comment (96 Comments)

India Post or Department of Posts, which runs the postal network of the country, has a network of more than 1.55 lakh post offices. It offers a number of saving schemes ranging from Post Office savings account to Sukanya Samriddhi accounts, as mentioned on its official website- indiapost.gov.in. Interest rates on post office saving schemes move in

Details
Category: Business

Write comment (91 Comments)

Payments processor Visa Inc said on Friday it is taking a minority stake in Mumbai-based payment gateway BillDesk, as it seeks to grab a bigger slice of one of the fastest growing digital payments markets in the world.

Both companies did not disclose the terms of the deal, but the local media had reported a few months ago that Visa was looking to

Details
Category: Business

Write comment (95 Comments)

Recently, ICICI Bank also hiked FD interest rates on select maturities.

Private sector lender Kotak Mahindra Bank revised its fixed deposit (FD) rates with effect from November 15, 2018. The latest rates are applicable across various tenors for domestic term deposits or fixed deposits (FDs), the lender noted on it's official website- kotak.com.

Details
Category: Business

Write comment (93 Comments)

Several trains will be temporarily affected on Sunday, said Northern Railway.

Indian Railways operated Northern Railway has mentioned a list of trains (on its official twitter handle- @RailwayNorthern) that will be cancelled, partially cancelled and rescheduled on Sunday. Ambala division of Northern Railway will undertake an upgradation work

Details
Category: Business

Write comment (96 Comments)

Cyclone Gaja crossed Tamil Nadu's coast early Friday, bringing with it heavy rain.

Indian Railways operated Southern Railway has mentioned a list of trains (on its official twitter handle- @GMSRailway) that are cancelled, terminated and partially cancelled on Friday due to Cyclone Gaja. Severe cyclonic storm 'Gaja', crossed Tamil Nadu's coast early

Details
Category: Business

Write comment (95 Comments)

On technical charts, NSE Nifty50's northward trajectory will face resistance at 10,755 points level.

Fluctuation in crude oil prices coupled with the direction of foreign fund flows are likely to chart the course of major domestic equity indices next week.

According to market observers, other factors such as rupee's movement against the US dollar

Details
Category: Business

Write comment (96 Comments)

Sovereign, however, remained steady at Rs 24,800 per piece of 8 grams.

Gold prices spurted by Rs 135 to Rs 32,150 per 10 grams at the bullion market Saturday on wedding season demand amid a firm trend overseas, reported news agency Press Trust of India (PTI). Silver also traded higher by Rs 250 to Rs 38,150 per kg on the back of increased offtake

Details
Category: Business

Write comment (97 Comments)

Mumbai: 

The rupee strengthened by 4 paise to close at a fresh two-month high of 71.93 against the dollar on Friday, its gaining streak for the fourth day, despite a rebound in oil prices and a stronger dollar. Crude oil prices falling below the $70 per barrel mark and forex inflows have boosted the rupee sentiment as the domestic currency posted

Details
Category: Business

Write comment (94 Comments)

Break of journey en-route is not allowed on a concession ticket for a journey for a specific purpose.

Indian Railways offers concessions on ticket prices to 53 different categories, the quantum of which ranges from 10 per cent to 100 per cent. These reductions in fares are available for senior citizens,

Details
Category: Business

Write comment (91 Comments)

The firm invests in a diversified portfolio of quoted and unquoted securities of companies.

Tata Investment Corporation on Friday said that its Board of Directors has approved a proposal to buyback 8.17 per cent of the total paid-up equity share capital of the company.

According to a regulatory filing, the buyback will be for an aggregate amount not

Details
Category: Business

Write comment (97 Comments)

The State Bank of India internet banking facility can be accessed through the bank's OnlineSBI portal

State Bank of India (SBI), the country's largest lender, has asked its internet banking users to get their mobile phone numbers registered by November 30. Failing to do so by the due date may lead to deactivation or blockage of the internet banking

Details
Category: Business

Write comment (98 Comments)

Lenders also pay slightly higher interest rates on fixed deposits to senior citizens.

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

Details
Category: Business

Write comment (93 Comments)

SBI offers a host of debit cards, ranging from classic debit cards to rupay debit cards.

State Bank Of India (SBI), country's largest lender, offers a wide range of services in the personal banking segment. These products are designed with flexibility to suit customer's personal requirements and are

Details
Category: Business

Write comment (99 Comments)

Sovereign gold, however, remained flat at Rs 24,800 per piece of 8 gram.

Gold prices in Delhi fell by Rs 235 per 10 gram while silver rates held steady at Rs 37,900 per kg on Friday, reported news agency Press Trust of India (PTI). Fall in domestic demand dragged gold prices but strong international cues capped the losses, traders were quoted as

Details
Category: Business

Write comment (95 Comments)

SBI Annuity Fixed Deposit: A nomination facility is also available with the scheme.

State Bank of India (SBI), the largest lender of the country, offers annuity deposit account, a variant of fixed deposit or term deposit. The account enables the depositor to pay a one-time lump sum amount and receive the same in equated monthly instalments (EMIs),

Details
Category: Business

Write comment (100 Comments)

UUnder this Jet Airways' offer, tickets are valid for 1 month from the date of commencement of journey

Jet Airways is offering return flight tickets at a starting all-inclusive price of Rs 23,293, noted the carrier on it's official website- jetairways.com. The discounted fares are applicable on return journey in economy class for travel from

Details
Category: Business

Write comment (91 Comments)

Share markets on Friday: Eighteen out of 30 Sensex stocks closed in the green.

Continuing their rising streak for the second straight day, domestic stock markets rose to six-week closing highs on Friday. Bombay Stock Exchange (BSE) benchmark index Sensex ended at 35,457.16, up 196.62 points or 0.56 per cent

Details
Category: Business

Write comment (94 Comments)