Business

Losses in IT, energy and metal stocks pulled the markets lower

Domestic stock markets finished the last session of the holiday-shortened week on Friday on a negative note amid weakness in Asian peers. The S-P BSE Sensex declined 79 points - or 0.2 per cent - to end at 35,158, while the Nifty index of the

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The discount offer on Ola rides is available in select cities including Mumbai, according to SBI

SBI or State Bank of India has announced a discount of up to Rs 250 on booking of an Ola cab ride in a limited-period scheme. The offer, SBI said on microblogging website Twitter, is valid till December 15, 2018. In order to avail the discount, the user

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Happy Bhaiya Dooj 2018: Gift your younger sister a Sukanya Samriddhi account.

Amid the ongoing fervor of Diwali and Bhai Dooj, if you're planning a gift for your daughter or younger sister, a Sukanya Samriddhi account could be one of the best options, say experts. The Sukanya Samriddhi Yojana, launched in January 2015, is a deposit scheme for the

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The latest inflation data is due on November 12.

Retail inflation likely slowed to its slowest pace in 12-months in October after food and fuel costs fell, keeping the official consumer prices gauge below the central bank's medium-term target for a third consecutive month, a Reuters poll found. With the battered rupee gaining slightly against the

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Even during the extended period, partial withdrawals are allowed from PPF accounts.

Public Provident Fund (PPF) is possibly one of the best among small savings schemes because the entire income that you earn on it is tax-free. However, PPF accounts offer tax benefits. While the maturity period of a PPF account is five years, it can be extended for

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The Samvat 2075 began with the Sensex closing 245 points higher.

Mumbai: 

Stocks and forex markets will remain closed on Thursday for 'Diwali Balipratipada'. Markets registered gains of 0.7 per cent on Wednesday in a special one-hour trading session to mark the Diwali festival. The Samvat 2075 - the year from Diwali 2018 to Diwali 2019 - began with

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Both Brent and WTI have declined by around 20% from the four-year highs they reached in early October.

Oil-marketing companies slashed the prices of petrol across the four metro cities on Friday. Petrol was priced at Rs. 78.06 per litre in New Delhi, Rs. 79.98 per litre in Kolkata, Rs. 83.57 per litre in Mumbai and Rs. 81.08 per litre in Chennai,

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GoAir, Jet Airways offer: Offers from airlines come amid high competition in country's aviation market.

Airlines have announced a host of discounts on domestic and international flight tickets. GoAir is offering a 13-day special sale across all sectors, offering up to 13 lakh seats with flight ticket prices starting from Rs. 1,313, according to the

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Senior Citizen Savings Scheme (SCSS) offers an interest of 8.7% per annum with effect from September 1.

This festive season, if you are looking for a gift for your parents, you might want to make them more self-reliant. For this purpose, investing in a financial plan or savings scheme that offers them security might be a good idea. The government

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Northern Railway has announced new special trains to cater to excess demand.

Amid festive season, Northern Railway, an arm of the Indian Railways, has announced new special trains to cater to excess demand. "In order to clear extra rush of passengers during festival season, Northern Railway in coordination with other Zonal Railways has planned to

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Every employee must keep checking the balance deposited every month in his EPF account.

Employees' Provident Fund (EPF) requires mandatory contribution from every employee towards his or her retirement savings. Companies employing more than 20 people have to compulsorily make contributions towards the EPF. So basically, both the employee and the

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Infosys' shares are up almost 30% this year, compared with a 3.1% gain in 2017.

Infosys Ltd. has returned to stability, almost a year after the appointment of a new chief executive ended a tumultuous period at the software and services company. Chairman Nandan Nilekani, speaking on the sidelines of Bloomberg's New Economy Forum in Singapore, said

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The indexes were set to finish the trading week about half a per cent higher.

The domestic stock markets recouped early losses amid strong global cues by the afternoon session on Friday. At 12:11 pm, the S-P BSE Sensex traded at 35,241.22 , up 3.54 points or 0.01 per cent, and the Nifty50 index of the National Stock Exchange (NSE) was at

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IRCTC SBI card: Customers can get up to 10% value back on base fare as reward points.

IRCTC or Indian Railway Catering and Tourism Corporation, which handles catering, tourism and online ticketing operations of the Indian Railways, offers SBI Railway Card, a one-of-its-kind credit card that offers you free railway tickets and a host of

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The Sensex rose 7.4% in Samvat 2074 - the year from Diwali 2017 to Diwali 2018

Stock markets registered gains of 0.7 per cent on Wednesday in a special one-hour trading session to mark the Diwali festival. The Samvat 2075 - the year from Diwali 2018 to Diwali 2019 - began with the Sensex closing 245 points

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The discount offer on Ola rides is available in select cities including Mumbai, according to SBI

SBI or State Bank of India has announced a discount of up to Rs 250 on booking of an Ola cab ride in a limited-period scheme. The offer, SBI said on microblogging website Twitter, is valid till December 15, 2018. In order to avail the discount, the user

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SBI small savings account allows a maximum balance of Rs. 50,000 at any point of time.

State Bank of India (SBI)'s minimum balance rules, or monthly average balance (MAB) rules, mandate the balance that the account holder is required to maintain in a month and the penalty charges for non-compliance. SBI or State Bank of India last updated its a

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New Delhi: 

Gold prices dropped by Rs 210 to Rs 32,400 per 10 grams in a special trading session in the bullion market on Wednesday. Tracking gold, silver too fell by Rs 300 to Rs 39,000 per kg.

Bullion traders said the slide in gold prices was mostly due to absence of worthwhile activity as jewellers and retailers made token purchases to mark the

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INR Vs USD: Softening crude prices, results of US-mid-term polls lifted the rupee, traders said.

The rupee extended its gains by 35 paise to trade at 72.65 against the US dollar in early trade on Friday, reported news agency Press Trust of India (PTI). Softening crude oil prices and the results of

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Arun Jaitley spoke about surging growth of RuPay and UPI, on the second anniversary of notes ban.

Finance minister Arun Jaitley said on Thursday that Mastercard and Visa were losing market share to domestic payments networks, months after Mastercard complained to the US government that Prime Minister Narendra Modi was using nationalism to promote a

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Small finance banks offer annual FD returns of 3.5-9.5 per cent on term deposits of up to Rs 1 crore

Many banks currently pay interest rates up to 9.5 per cent on fixed deposits (FDs) - or term deposits of up to Rs 1 crore. While major commercial banks pay interest rates in the range of 3.5-7.9 per cent to customers holding FD accounts with them,

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"Brent oil may slide further into a range of $68.59-$69.69 per barrel," said Reuters analyst Wang Tao.

SINGAPORE: Oil markets on Friday remained weak as rising supply and concerns of an economic slowdown pressured prices, with US crude now down by 20 per cent since early October. US West Texas Intermediate (WTI) crude oil futures were at $61.63 per

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Robyn Denholm has been an independent director on Tesla's nine-member board since 2014.

Tesla Inc said board member Robyn Denholm will replace Elon Musk as its chair, more than a month after the billionaire had to step down as the electric-car maker's chairman as part of a settlement with US regulators. Tesla had until November 13 to name an

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Diwali 2018: SBI allows you to receive simple interest annually or cumulative interest on maturity.

This Diwali you might be thinking of buying physical gold. Financial planners advise that gold investments should form at least 10-15 per cent of your portfolio. But physical gold investments sitting idle

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Meanwhile, crude oil prices plunged into a bear market and the US central bank kept key rates unchanged.

The domestic stock markets started Friday's session on a negative note. The S-P BSE Sensex opened at 35,258.13 and the Nifty at 10,614.70. In the first few minutes of trade, the Sensex was at 35,046.44, down 191.24 points or 0.54 per cent

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Arun Jaitley said demonetisation compelled holders of cash to deposit the same in the banks

Finance Minister Arun Jaitley on Thursday said demonetisation resulted in formalisation of economy and increased tax base, prompting the government to earmark more resources for the poor and infrastructure development. In a Facebook post on the second

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CCI has rejected the argument that Flipkart was using its dominant position to favour select sellers

New Delhi: 

The Competition Commission of India (CCI) said Amazon and its rival in the country, the Walmart-owned Flipkart, did not break regulations through their selection of merchants and brands. The decision is a defeat for a lobby group r

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Earlier this week, private sector lender HDFC Bank revised its fixed deposit interest rates.

A fixed deposit (FDs) is a secure investment instrument offered by banks, non-banking financial companies and the post office. Investment in a fixed deposit account fetches guaranteed returns. In a fixed deposit account, money can be invested for a higher

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Ruling came in response to charges that algorithmic pricing model of Uber, Ola amounted to price fixing.

NEW DELHI: Ride-sharing firms Uber and Ola did not break price-fixing rules, the Competition Commission of India (CCI) said in a ruling in response to a complaint about their technological pricing strategy. A case brought by a private individual

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The Sensex rose 7.4% in Samvat 2074 - the year from Diwali 2017 to Diwali 2018

Stock markets jumped as much as 0.9 per cent on Wednesday, in a special trading session to mark the occasion of Diwali 2018. The Samvat 2075 - the year from Diwali 2018 to Diwali 2019 - began with the Sensex rising 310 points to

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