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Reliance Jio's high end model of the JioPhone, the JioPhone 2 will be available for online purchase from August 16, 2018, said the company in a statement released on Tuesday. The flash sale will begin from 12 pm on August 16. JioPhone 2, which is an upgraded version of existing

Private sector lender ICICI Bank hiked its fixed deposit or FD interest rates across select maturities and amounts with effect from today. ICICI Bank revised FD interest rates for both general and senior citizens. ICICI Bank joined peers State Bank of India, HDFC Bank,

New Delhi: Retail inflation eased in July, strengthening views that the Reserve Bank of India (RBI) will keep interest rates on hold at its review in October after raising them for a second straight meeting on August 1. In July, consumer prices rose

JioGigaFiber official registration opened today, August 15 on Independence Day. JioGigaFiber is Reliance Jio's fiber-to-the-home (FTTH) broadband internet service. Users can register themselves for JioGigaFiber by visiting Jio's official website -

PUNE: Hackers managed to transfer over Rs 94 crore through a malware attack on the server of Pune-based Cosmos Bank and cloning thousands of the bank's debit cards over a period of two days, a senior bank official said. The fraudulent transactions were carried out

State Bank of India (SBI) offers a type of fixed deposit scheme, called Multi Option Deposit Scheme (MODS), under its personal banking portfolio. This SBI scheme is a type of fixed deposit (FD) account linked to the savings or current account. Unlike in normal

Today on August 15, which is also Independence Day, Reliance Jio has officially started registrations for its JioGigaFiber, which is company's fiber-to-the-home (FTTH) broadband internet service. Users can register themselves by visiting MyJio app or Jio's official website -

Stock markets closed higher on Tuesday, after two consecutive sessions of losses. The BSE benchmark index Sensex rose 207 points to end at 37,852 and the NSE Nifty settled at 11,435, up 79 points from the previous day's close. While banking and

Information technology company Infosys Ltd will open a software development centre in the West Bengal, with an investment of about Rs 100 crore, said a press release issued by the company. The first phase of construction on the 525,000-square

Ayushman Bharat scheme, often referred to as 'Modicare' was officially announced by Prime Minister Narendra Modi today in his Independence Day speech. This flagship project will be launched on September 25. The ambitious Ayushman Bharat-National Health

New Delhi: Beleaguered carrier Jet Airways has not yet approached State Bank of India (SBI) for any funds, the chairman of the country's top bank said on Tuesday, according to television channel CNBC-TV18.

Jet, India's biggest full-service carrier, told staff earlier this month it was running out of money, a source had told Reuters, but it has

India's retail inflation rate eased to 4.17 percent in July after touching a five-month high of 5.0 percent in the previous month, government data showed on Monday, helped by smaller increases in food prices.

Analysts polled by Reuters had forecast July's annual increase in the consumer

APY or Atal Pension Yojana is a pension scheme focused on the unorganised sector in the country. Introduced in 2015, the Atal pension scheme allows individuals aged from 18 to 40 years of age to make pre-defined monthly investments in the scheme,

The annual rate of wholesale inflation for July eased to 5.09 per cent against 5.77 per cent in June - which was an over four-year high, showed official data. Wholesale inflation in primary articles rose to 1.73 per cent as compared to 0.61 per cent in the corresponding

Consumer inflation was at 4.17 per cent in July, government data showed on Monday. Economists in a poll by news agency Reuters had estimated July consumer inflation at 4.51 per cent. At 4.17 per cent, consumer inflation remains above the Reserve Bank of India's medium-term target of 4 per cent for the ninth straight month. Determined by Consumer Pr

Airline Vistara on Tuesday announced a discount of up to 50 per cent on flight tickets in a limited-period sale. Aimed at Independence Day 2018, the special sale from Vistara opened for bookings at 12:01 am on August 14, 2018 for a 48-hour period. Vistara is

INR Vs USD: Concerns about Turkey's economic woes pushed the rupee down.

The rupee registered a sharp decline of 109 paise to close at 69.93 against the US dollar on Monday. That marked the Indian currency's all-time closing low against the greenback. Other emerging market currencies plunged as investors preferred safe-havens such as the US dollar and the yen after a plunge in the Turkish Lira. The rupee traded in the r

Trade deficit widened to a more than five year high of $18.02 billion in July, the trade ministry said on Tuesday, driven largely by a surge in oil imports.

Though merchandise exports rose 14.32 per cent year-on-year in July, the trade deficit widened as oil imports surged 57.41 per cent to $12.35 billion.

In June, the trade deficit stood at $16.6

MUMBAI: The rupee recovered from all-time low of 69.91 and strengthened by 23 paise to 69.68 against the US dollar in opening trade at the interbank foreign exchange market on Tuesday on some macroeconomic boost.

On Monday, the rupee had plunged by Rs 1.08, or 1.57 per

Godrej Group's Smitha V Crishna, with a fortune of Rs 37,570 crore, is the wealthiest woman in India, a list released by Kotak Wealth Management and Hurun report India said. Crishna  is followed by Roshni Nadar (net worth Rs 30,200 crore) of HCL, Indu Jain (net worth of Rs

There's not a moment of respite for the inflation-targeting Reserve Bank of India.

Just when gains in consumer prices eased, the Turkish lira-led sell-off in emerging-market currencies has renewed an onslaught on the rupee, pushing it to a record low and possibly demanding more rate action from the Reserve

Netflix Chief Financial Officer David Wells will step down after eight years on the job, during which the streaming service grew into an entertainment giant that spends more on movies and TV shows than the biggest Hollywood studios. Wells, 47, will help choose a successor and stay on

Mumbai: Gold imports rose for the first time in seven months in July after a fall in prices ahead of a jewellery exhibition prompted jewellers to replenish stocks, provisional data from metals consultancy GFMS showed.

The 44.2 per cent year-on-year jump in gold purchases to 75 tonnes last month by the world's second-biggest consumer could support

Reliance Jio said on Tuesday that a "high-end" model of its feature phone JioPhone will be available for online purchase on August 16. Reliance Jio said the JioPhone 2 will debut at Rs 2,999 in a flash sale from 12 pm on August 16. "JioPhone aims to

The domestic equity market had a decent start on Tuesday. The S-P BSE Sensex opened at 37,749.59 and the Nifty50 at 11,381.70. At 9:32 am, the Sensex traded at 37,795.67, with a gain of 150.77 points or 0.40 per cent and the Nifty50 at 11,400.50, up

Domestic stock markets started the week on a lower note, with the BSE Sensex closing 224 points down amid weakness in banking and financial services equities. The 30-scrip BSE benchmark index settled at 37,644 while the NSE Nifty ended 73 points lower at 11,355, ahead of release of consumer inflation data due later in the day. Gains in IT and

INR Vs USD: The rupee recovered three paise from the previous day's close of 69.93.

Reliance Jio is set to launch JioPhone 2, a new model of Reliance Jio's 4G-enabled feature phone JioPhone, on August 15. A day marked with Independence Day 2018, August 15 will bring some changes for Reliance Jio customers. From addition of new

NPS is a low-cost, tax-efficient, flexible and portable retirement savings account. Under the NPS, the individual contributes to his retirement account. His employer too can also co-contribute for the social security/welfare of the individual. NPS is designed on Defined contribution