Business

New Delhi: Eight core sectors grew by 6.6 per cent in July pushed by healthy output in coal, refinery products, cement and fertiliser. The eight core sector -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and

The merger of Idea Cellular and Vodafone India has been completed, creating India's biggest telecom service provider with over 408 million subscribers, the two companies said today. 

A new board has been constituted for the merged entity "Vodafone Idea Ltd' with 12

Bengaluru: A dip in rice export prices as the rupee plunged failed to stoke fresh demand for the Indian variety this week, but potential orders from the Philippines and elsewhere could provide fresh impetus to markets in Thailand and Vietnam. In top exporter

GDP or gross domestic product grew 8.2 per cent in the April-June period, government data showed on Friday. That marked the highest level of economic growth recorded since the January-March period in 2016, and cemented India's position as the fastest growing major economy ahead of China's

Shares of private sector lender Yes Bank fell as much as 7 per cent in early trade on Friday. At 12:06 pm, shares in the company were trading at 342.40 with a loss of 19.50 points or 5.39 per cent. Shares of Yes Bank declined today after Reserve Bank of India

August 31, 2018 is the due date for assessees to file their income tax return (ITR) for financial year 2017-18. Missing this due date, set by the Income Tax Department, will attract penalty charges up to Rs 10,000. The Income Tax Department has

India Post Payments Bank (IPPB) will be launched on September 1 by Prime Minister Narendra Modi, reported PTI (Press Trust of India). The payments bank will leverage the network of the Department of Posts (DoP). All the 1.55 lakh post offices in the country will be

For the past year, select Google advertisers have had access to a potent new tool to track whether the ads they ran online led to a sale at a physical store in the U.S. That insight came thanks in part to a stockpile of Mastercard transactions that Google paid for.

But most of the 2 billion Mastercard holders aren't aware of this behind-the-scenes

New Delhi: The National Company Law Tribunal (NCLT) has approved the merger of Vodafone India and Idea Cellular, sources told IANS on Thursday. The clearance comes after the Department of Telecommunications (DoT) approved the merger last month. Vodafone

The government on Friday said banks in the country will remain open in the first week of September. The statement from the Ministry of Finance came in the backdrop of reports suggesting circulation of warning messages on social media. Terming such warnings as a

The Oracle of Omaha is adding to his already large stake in Apple Inc.

Warren Buffett, 88, likes the technology giant because of its devoted customers, and has built up his stake in the company by "just a little" since his last regulatory filing, he said Thursday in an interview

New Delhi: Banks will largely remain open in the first week of September and there will be no impact on the functioning of ATMs, contrary to social media buzz that claimed banks across India will be closed for six days during the week. "The message going around in the social media

Gold prices rose by Rs 140 to Rs 31,340 per 10 grams at the bullion market on Friday on persistent buying by local jewellers and a firm global trend, according to Press Trust of India. Besides, a depreciating rupee which slumped to a historic low of 71 against the dollar, making

Petrol and diesel prices hit a record new high in four metros across the country on Friday. The prices of both petrol and diesel were raised by the Oil Marketing Companies (OMCs) today. The fuel prices were also increased on Thursday. The hike in fuel

The last date for filing the income tax returns (ITR) for  the assessment year 2018-19 (financial year 2017-18) is August 31. The only exception for this is Kerala, where the due date has been extended to September 15 in wake of the devastating floods. It is mandatory for

New Delhi: India reported on Friday a fiscal deficit of Rs 5.4 lakh crore ($76.12 billion) for April-July, or 86.5 percent of the budgeted target for the current fiscal year compared with 92.4 percent a year earlier. Net tax receipts in the first four months of 2018/19

The Indian rupee collapsed to a fresh record low of 71 against the US dollar for the first time ever by falling 26 paise on persistent demand for the US currency amid rising crude prices, reported news agency PTI (Press Trust of India). Weakness in almost all

Vodafone India has introduced a new prepaid recharge plan priced at Rs 597, which offers unlimited calling and data benefits. Vodafone's new plan is seen as to counter Mukesh Ambani-owned Reliance Jio's packs and Bharti Airtel's offers. The telecom sector in the

The stock markets ended Friday's session on a mixed note, ahead of release of GDP data for the April-June period. The S-P BSE Sensex dropped 0.12 per cent or 45.03 points to close at 38,645.07. The broader Nifty50 finished marginally higher at 11,680.50. Gains in

Domestic market indices opened at a cautious note on Friday, ahead of the release of key GDP (Gross Domestic Product) data scheduled later in the day. At 10:37 am, the S-P BSE Sensex slipped 48.37 points or 0.13 per cent to trade at 38,641.73. The broader Nifty50 tripped 7.35 p

India Post, the postal system of the country offers nine saving schemes with different rates of interest. These savings schemes includes- savings account, recurring deposit account, time deposit account, monthly income scheme account, senior citizen savings

Bengaluru: Indian shares will hit a new record high by year-end despite being rated as expensive, strategists polled by Reuters said, citing high oil prices and election uncertainty as the biggest downside risks to the BSE Sensex. While the

Buying a car or two-wheeler is set to become expensive from Saturday as long-term third party insurance policy has been made mandatory by the Irdai following a Supreme Court order.

 The three-year third-party insurance will cost Rs 5,286 for cars with engine

Gold shot up by Rs 120 to Rs 31,200 per 10 gram at the bullion market on Thursday due to increased buying by local jewellers amid a firm global trend, reported news agency Press Trust of India. However, silver held steady at Rs 38,300 per kg on scattered enquiries from

New Delhi: State-owned Steel Authority of India Ltd (SAIL) has declined a government call for a dividend this year, saying it did not have "any cash and bank balance" and that its debt-to-income ratio was much higher than agreed with some lenders, showed an

Reliance Jio on Thursday announced a flash sale of JioPhone 2 on September 6. The upcoming flash sale will begin at 12:00 pm on Thursday, September 6, according to the telecom company's website - jio.com. The upcoming sale will mark the third flash sale of JioPhone 2. Mukesh Ambani-run

Jet Airways has announced a sale offer on tickets for international flights to destinations such as Abu Dhabi, Bahrain, Dammam, Doha, Dubai, Jeddah, Kuwait, Muscat and Riyadh and for travel from Kochi to Sharjah. Jet Airways sale offer is

Coca-Cola Co has agreed to buy the world's second largest coffee chain Costa from Britain's Whitbread Plc for $5.1 billion including debt, opening a new front in its push into healthier markets. The two companies said on Friday that Coke, one of the biggest soft

Mumbai: Nearly 13 years after commencing domestic operations, Wadia group-owned GoAir today announced international services with the first flight to Phuket in Thailand starting from October 11. The airline, which is all set to start direct flights

Stock markets ended marginally lower on Thursday, as caution prevailed ahead of expiry of derivatives contracts. BSE benchmark index Sensex fell 32 points to end at 38,690 while the NSE Nifty settled at 11,676, down 15 points from the previous close. The markets were dragged lower by a selloff witnessed across banking, financial, auto and energy