This cashback offer will be applicable on first prepaid recharge of Rs 299, said Reliance Jio.

Reliance Jio has announced an instant cashback of Rs 5,400 on the upcoming flagship device, OnePlus 6T, the operator said in a press release issued on Monday. This cashback offer will be applicable on first prepaid recharge of Rs 299. Customers availing

Write comment (95 Comments)

Stock market on Monday: A sharply positive breadth of the markets favoured the upside

Stock markets registered a strong comeback on Monday, with the BSE benchmark, Sensex, closing 718 points or 2.2 per cent higher at 34,067. The 50-scrip NSE benchmark index, Nifty, climbed 220 points to settle at 10,250.

Write comment (90 Comments)

Customers who fail to maintain the monthly average balance, have to pay a penalty to the bank.

Regular savings accounts in banks require account holders to maintain a certain minimum average balance (MAB) every month. Leading banks such as State Bank of India (SBI), Punjab National Bank (PNB), HDFC Bank and ICICI Bank have fixed their

Write comment (92 Comments)

Foreign investors also pulled out Rs 2,230.79 crore from capital markets on Monday.

The rupee ended almost flat at 73.45 against the US dollar Monday after its initial gains were erased by a late dollar demand from importers despite strong equity markets and the RBI's move to ease liquidity crunch. Despite the initial bounce, the home unit appeared

Write comment (98 Comments)

"As of now we are now on top of the situation on the NPA problem," SBI Chairman Rajnish Kumar said.

NEW YORK: Domestic banks are now "on top of the situation" on the problem of non-performing assets (NPA), State Bank of India (SBI) Chairman Rajnish Kumar said. Kumar said that going by the initial results that have started coming in September, it

Write comment (100 Comments)

No platform tickets will be available between November 2 to November 13.

Indian Railways operated Northern Railway has introduced 78 special trains in order to handle the rush during Diwali and Chhath festivals, reported Press Trust of India (PTI). This year, the festival of Diwali falls on November 7, while the Chhath Puja is on November 13.

Write comment (97 Comments)

From Wednesday, SBI Classic debit card users will be able to take out a maximum of Rs 20,000/day from ATM

The new ATM cash withdrawal limits of State Bank of India (SBI) will come into effect on Wednesday, October 31. Halving the cash withdrawal limit to Rs 20,000 per day, from the existing Rs 40,000, the country's largest bank had said earlier

Write comment (93 Comments)

Stock Market on Monday: Forty two out of 50 Nifty stocks traded with gains.

The domestic stock markets traded firmly in the green in the afternoon session on Monday, on announcement of liquidity plans by the central bank. At 1:34 pm, the S-P BSE Sensex traded at 33,857.08, up 507.77 points or 1.52 per cent, while the Nifty50 barometer of the

Write comment (92 Comments)

IndiGo's sale is applicable for travel between and November 8 this year and April 15 next year.

IndiGo has extended its "Diwali special sale" offer till October 28, 2018, said the carrier on its official website - goindigo.in. The sale - applicable for travel between and November 8 this year and April 15 next year - comes amid high competition

Write comment (95 Comments)
Kolkata: 

All India Reserve Bank Employees Association (AIRBEA) Monday expressed concern over the recent statements made by central bank deputy governor Viral Acharya and sought autonomy of the central bank.

The association said in a statement on Monday that "undermining the country's central bank was a recipe for disaster which the government must

Write comment (95 Comments)

ICICI Bank was the top gainer on both the benchmarks.

ICICI Bank was the top gainer on both the key indices on Monday after the lender's bad loan ratio improved in the quarter that ended in September 2018. At 11:05 am, ICICI Bank shares traded at Rs 340.75, up Rs 25.70 or 8.16 per cent on the Bombay Stock Exchange (BSE). On the National Stock

Write comment (93 Comments)

In the national capital, petrol was sold at Rs. 80.05 per litre on Sunday.

Fuel prices witnessed a further cut on Sunday across the four metro cities. The oil marketing companies (OMCs) slashed rates of petrol and diesel by 40 paise per litre and 33 paise per litre, respectively, in Delhi. In the national capital, petrol was sold at Rs. 80.05 per

Write comment (97 Comments)

Long-simmering discord between the central bank and the government is turning into a very public brawl. The timing couldn't be more awful for markets.

In a hard-hitting speech Friday on central-bank independence, Reserve Bank of India Deputy Governor Viral Acharya startled his audience by invoking Argentina of 2010.

Back then, the Argentinian

Write comment (98 Comments)

After a firm start, the domestic stock markets turned negative in early trade on Monday.

After a firm start, the domestic stock markets turned negative in early trade on Monday. The S-P BSE Sensex opened at 33,549.88 as compared to its last close of 33,349.31. The Nifty50 barometer of the National Stock Exchange (NSE) started at 10,078.10

Write comment (93 Comments)

Fixed deposits (FDs) are secure financial instruments, which offer guaranteed returns. In a fixed deposit account, money is deposited for a specific time, which varies from seven days to 10 years. Besides, fixed deposit offer higher interest rates than savings accounts. Normal savings accounts offer interest rates between 3-4 per cent usually.

Write comment (100 Comments)

GoAir recently became the sixth domestic airline to start international operations.

GoAir is offering domestic flight tickets at a starting all-inclusive price of Rs 1,499 on select routes in a special promotional sale offer, noted the carrier on its official website- goair.in. The booking period of GoAir's offer ends on October 30, 2018. The

Write comment (90 Comments)

India's grasp of the second largest global growth share will become more clearly defined.

According to forecasts released earlier this month, the global economy is expected to achieve an annual GDP growth rate, as measured in constant dollars, of 3.7 per cent between 2018-2020 before dipping to 3.6 per cent between 2021-2023 and, in turn, pass the

Write comment (91 Comments)

Mumbai-Goa luxury cruise: Angriya cruise is a 7-deck, 131-meter long passenger ship built in Japan.

Angriya cruise, which started its first-ever voyage on October 20, is the country's first luxury cruise liner. Angriya Cruise runs between Mumbai and Goa and can accommodate 399 passengers at a time, noted Angriya cruise on its official website -

Write comment (98 Comments)

The deal will make IBM the top hybrid cloud provider in an emerging $1 trillion growth market

San Francisco: 

Sending a strong signal towards dominating the emerging $1-trillion hybrid cloud market, tech major IBM has announced to acquire open source solutions leader Red Hat for a massive $34 billion.

The acquisition, IBM's biggest so far, will

Write comment (96 Comments)

INR Vs USD: The rupee opened at 73.33 to quote 14 paise higher over its previous closing.

The rupee recovered against the US dollar in early trade on Monday, reported news agency Press Trust of India (PTI). The rupee gained 14 paise against the US dollar on increased selling of the greenback from exporters

Write comment (98 Comments)

On the technical front, the Nifty50 is seen receiving support at 9,951 points.

Quarterly results, along with manufacturing PMI and fiscal deficit data, are likely to drive the equity market in the coming week.

Market participants and analysts expect value buying in the indices as the market has been largely bearish in the last couple of weeks.

In

Write comment (91 Comments)

Reliance's shares are down about 20% since their record close on August28.

Reliance Industries, currently country's second most valuable listed company, got rich by trading fuel across Asia, Africa and Europe while effectively ignoring its home market.

Reliance's refineries processed crude from the nearby Middle East and sold fuel to fast-growing

Write comment (97 Comments)

Fixed deposits (FDs) are secure financial instruments, which offer guaranteed returns. In a fixed deposit account, money is deposited for a specific time, which varies from seven days to 10 years. Besides, fixed deposit offer higher interest rates than savings accounts. Normal savings accounts offer interest rates between 3-4 per cent usually.

Write comment (92 Comments)

IndiGo currently has a fleet of 190 aircraft including Airbus A320s and 12 ATR aircraft.

Budget passenger carrier IndiGo has partnered with Andhra Pradesh government to provide air connectivity between Vijayawada and Singapore, a press release issued by the airline said. The carrier will operate two weekly non-stop services between Vijayawada and

Write comment (93 Comments)

Train 18, India's fastest train, is a self-propelled train and is fitted with CCTV cameras.

Train 18, the country's first engine-less train which is being regarded as a successor to the 30-year-old Shatabdi Express, is set to hit the tracks for trials on Monday, reported news agency Press Trust of India (PTI). Train 18 will undergo short runs near

Write comment (96 Comments)

SpiceJet is offering domestic flight tickets at a starting all-inclusive price of Rs. 888.

Ahead of Diwali, airlines have recently announced a host of discounts on domestic and international flight tickets. SpiceJet is offering domestic flight tickets at a starting all-inclusive price of Rs. 888 under a limited-period 'Festive Season Sale'. IndiGo,

Write comment (99 Comments)

An individual is eligible to have only one 'Basic Savings Bank Deposit Account' in one bank

A basic savings bank deposit (BSBD) account is a type of zero balance savings account and does not require customers to maintain any particular minimum average balance. Key banks like State Bank of India (SBI), HDFC Bank offer the facility of zero balance

Write comment (96 Comments)

Petrol and diesel prices are decided daily and come into effect from 6 am.

Fuel prices were slashed for the 12th straight day on Monday across the four metro cities. With effect from 6 am on Monday, petrol prices were slashed to Rs 79.75 per litre in New Delhi and Rs. 85.24 per litre in Mumbai. Diesel rates were cut to Rs. 73.85 per litre in New

Write comment (100 Comments)

Major banks have certain rules applicable to their customers for making transactions at ATMs.

The Reserve Bank of India (RBI) has instructed top lenders in the country to offer a certain number of free ATM transactions (including both financial and non-financial) in a month, irrespective of the location of ATMs. However, customers are charged for

Write comment (100 Comments)

However, banks also charge an amount for the issuance and annual maintenance of ATMs.

Top banks, both public and private, in the country offer the service of ATMs but have certain charges for their customers for making transactions at ATMs. From State Bank of India (SBI) to private sector banks like HDFC Bank, ICICI Bank, Axis Bank offer limited

Write comment (96 Comments)