Business

Gold, silver prices today: Globally, gold prices extended declines into a third session.

Gold prices lowered by Rs 40 to Rs 30,660 per 10 grams at the bullion market today, reported news agency Press Trust of India (PTI). Weak trend overseas amid easing demand from the local jewelers led to the fall in gold

Details
Category: Business

Write comment (90 Comments)

Under SBI's R-GDS, customers can deposit gold which will offer them interest earnings.

SBI (State Bank of India), country's largest lender, offers Revamped Gold Deposit Scheme (R-GDS), a fixed deposit scheme in gold. A fixed deposit is a financial instrument provided by banks, which provides investors a higher rate of interest than a regular

Details
Category: Business

Write comment (93 Comments)

The company has denied suggestions it told staff earlier this month it was running out of money.

Mumbai:  Jet Airways Ltd sought to reassure investors on Saturday, saying it is meeting its payment obligations to lenders and other dues, such as staff commitments. India's biggest-full service airline issued the statement a day after its shares fell to

Details
Category: Business

Write comment (95 Comments)

HDFC Bank collected the 2nd highest amount of charges for not maintaining minimum balance during 2017-18.

Top banks have collected as much as Rs 5,000 crore in fiscal 2017-18 as charges for non-maintenance of minimum balance requirements. According to banking data, as many as 21 public sector banks and three

Details
Category: Business

Write comment (97 Comments)

Airtel's cashback offer is valid till August 15, 2018.

Telecom operator Bharti Airtel is offering Rs 250 cashback on recharges and bill payments done via Airtel Payments bank, said the operator in a tweet posted on it's official handle- @airtelIndia. Airtel's all-new cashback scheme is a part of 'Independence week special' offer. Up to 300 users

Details
Category: Business

Write comment (91 Comments)

Sovereign, however, remained steady at Rs 24,600 per piece of eight grams in scattered deals.

Gold prices rebounded by Rs 180 to Rs 30,700 per 10 grams at the bullion market on Saturday on emergence of brisk buying by local jewellers even as the metal weakened overseas, reported news agency Press Trust of India (PTI). Silver also recaptured the Rs

Details
Category: Business

Write comment (90 Comments)

Petrol and diesel prices were reduced on Monday by the Oil Marketing Companies (OMCs). Petrol is retailing at a price of Rs. 77.14 per litre in Delhi, Rs. 84.58 per litre in Mumbai, Rs. 80.10 per litre in Kolkata and Rs. 80.14 per litre in Chennai. Fuel rates were slashed today after OMCs kept the petrol prices unchanged and hiked diesel prices on

Details
Category: Business

Write comment (94 Comments)

Ramayana Yatra Tour Package: The tour will commence on August 31, 2018.

IRCTC (Indian Railway Catering and Tourism Corporation) Tourism is offering a tour package of 11 nights and 12 days to Chitrakoot, Shringverpur, Tulsi Manas Mandir, Darbhanga, Sitamarhi, Ayodhya, Panchavati and Rameshwaram. The name of the package is Ramayana Yatra. The price

Details
Category: Business

Write comment (98 Comments)

To ensure that nobody is left out there will be no cap on family size in 'Ayushman Bharat' scheme.

Ayushman Bharat, often referred to as 'Modicare', is expected to be launched by the Union government on August 15. According to a release issued by Press Information Bureau (PIB), this scheme has a benefit

Details
Category: Business

Write comment (95 Comments)

Under SBI's annuity FD account, the minimum amount of deposit is Rs 25,000.

State of India (SBI) offers various deposit scheme accounts under it's personal finance portfolio. SBI's deposit scheme ranges from fixed deposit (FD) scheme to recurring deposit (RD) scheme, from tax savings scheme to multi option deposit scheme, among others. The lender

Details
Category: Business

Write comment (98 Comments)

Apart from corporate earnings, traders will also keep an eye on macroeconomic data.

Key macro-economic data, trend in global markets, investment by foreign portfolio investors (FPIs) and domestic institutional investors (DIIs), Indian rupee movement against US dollar, crude oil prices movement and last leg of corporate earnings may set the trend of

Details
Category: Business

Write comment (98 Comments)

Microsoft shares have soared 53 per cent in the past year, closing the week at $109.

Washington: Microsoft's Indian-origin CEO Satya Nadella has netted over $35 million after selling almost one-third of his common shares in the software giant. Nadella sold 328,000 shares in multiple trades at prices ranging from $109.08 to $109.68 as the stock

Details
Category: Business

Write comment (95 Comments)

Rupee Hits All Time Low: The rupee has lost over 7% this year.

It was a hard day for the rupee on Monday. The INR touched its life-time low of 69.62 against the US dollar (USD) as it tracked week emerging market currencies. However, the rupee retreated from its record lows after the central bank intervened

Details
Category: Business

Write comment (90 Comments)

The Railway Board has also directed other zonal railways to adopt the SWR dynamic fare fixing.

Indian Railways operated South Western Railway (SWR) has slashed fares of 5 express trains originating from Bengaluru, Gadag and Mysuru in Karnataka to encourage more passengers to travel in air-conditioned (AC) coaches or chair cars of trains, reported

Details
Category: Business

Write comment (98 Comments)

BNSL's offer is valid till August 25, 2018.

On the occasion of India's 72nd Independence Day, BSNL or Bharat Sanchar Nigam Limited has come up with new prepaid recharge offers for its subscribers, said the state-run telecom operator on microblogging website - Twitter. BSNL's new offer, called 'Freedom Pack', is a limited period offer, it further

Details
Category: Business

Write comment (95 Comments)

Traders will watch out for the consumer inflation data due after market hours for further cues.

MUMBAI: The rupee on Monday touched an all-time low of 69.62 per dollar in early trade, tracking broader weakness in other emerging market currencies on concerns of a spill-over from a crisis-hit Turkey. The Reserve Bank of India was seen intervening to

Details
Category: Business

Write comment (94 Comments)

All cancellation charges are levied on per passenger basis, said IRCTC.

IRCTC (Indian Railway Catering and Tourism Corporation) offers the facility of online cancellation of confirmed ticket via it's official website- irctc.co.in or through it's mobile app. Once the cancellation process is initiated by the user, IRCTC forwards the claim to

Details
Category: Business

Write comment (90 Comments)

Flipkart's offer is available till August 12, 2018.

E-commerce giant Flipkart is offering discount on various items under it's limited-period 'The Big Freedom Sale' scheme. Flipkart's offer is available on smartphones, latest gadgets, smart TVs, sleek home appliances, laptops, fashion items, among others, according to e-retailer's official website-

Details
Category: Business

Write comment (91 Comments)

Stock Market on Monday: Eleven out of 12 stocks in the Nifty PSU Bank index traded with losses.

The domestic equity market started the week on Monday on a negative note on weak global cues. The S-P BSE Sensex opened at 37,693.19 and the Nifty50 at 11,474.95. In the first few minutes of the trade, the Sensex traded at 37,588.54, down 280.69

Details
Category: Business

Write comment (92 Comments)

Petrol, diesel prices: Petrol price had touched an all-time high of Rs 78.43 a litre on May 29.

Oil Marketing Companies (OMCs) kept the prices of petrol unchanged on Sunday across four metros of the country. However, prices of diesel are raised today by 6 paise per litre. According to daily price

Details
Category: Business

Write comment (95 Comments)

Sukanya Yojana Details: The account can be prematurely closed only under two circumstances.

 The central government launched the 'Sukanya Samriddhi Account' programme in January 2015 with an objective to promote the welfare of girl child. According to india.gov.in, 'Sukanya Samriddhi Yojna' is a small deposit scheme for girl child. Recently, the min

Details
Category: Business

Write comment (90 Comments)

AirAsia Independence Day sale on flight tickets can be used for travel from February 19 onwards.

AirAsia India is offering up to 45 per cent discount on domestic flight tickets under its special Independence Day sale. AirAsia flight tickets under the Independence Day sale are available for Bengaluru, Kolkata, Amritsar, New Delhi, Ranchi and

Details
Category: Business

Write comment (99 Comments)

State-run Indian Oil Corporation (IndianOil) on Saturday posted a consolidated net profit of Rs 7,175.59 crore, up 51 per cent year-on-year, for the quarter ended June 30, 2018.

The consolidated net profit for the corresponding quarter of the previous fiscal stood at Rs 4,736.15 crore, the company said in a BSE filing.

The country's largest oil

Details
Category: Business

Write comment (95 Comments)

For a financial year, the minimum deposit amount is Rs. 5,000 under SBI's Flexi Deposit Scheme.

State Bank of India (SBI) offers various deposit schemes under its personal banking portfolio. SBI's Tax Savings Scheme, 2006 offers tax benefits for up to Rs. 1.5 lakh under Section 80C of Income Tax Act, as mentioned on country's largest lender's

Details
Category: Business

Write comment (97 Comments)

The revision in interest rates have come after the RBI hiked the repo rate to 6.5%.

Recurring Deposit or RD is a kind of term deposit under which one needs to deposit a fixed amount at fixed interval, which generates interest income. Recurring deposit interest rates, once determined, do not change during the tenure. On maturity, the depositor is

Details
Category: Business

Write comment (100 Comments)

Recently, big banks such as State Bank of India (SBI), HDFC Bank have revised their fixed deposit rates.

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. Fixed deposits offer much higher interest rates

Details
Category: Business

Write comment (91 Comments)

Air India's sale offer is valid till August 15, 2018.

Air India is offering attractive discount on flight tickets across airline's network on the occasion of Independence Day, said the carrier on it's official Twitter handle- @airindian. Air India's all-new offer is available only for online bookings done at carrier's booking website- airindia.in.

Details
Category: Business

Write comment (99 Comments)

DGCA has already evaluated the financial health of the national carrier Air India recently.

Mumbai: Aviation regulator DGCA is set to conduct a financial audit of the Naresh Goyal-promoted Jet Airways, amid its fiscal conditions under pressure due to the surging jet fuel prices and low fares, a source said. The Directorate General of Civil Aviation

Details
Category: Business

Write comment (98 Comments)

On the domestic front, Jet Airways is offering 10 per cent discount on flight tickets.

On the occasion of India's 72nd Independence Day, airlines have come up with discount offers on domestic and international flight tickets. Jet Airways has announced up to 30 per cent discount on international flight tickets and 10 per cent discount on domestic

Details
Category: Business

Write comment (94 Comments)

Petrol, Diesel prices today: Petrol prices in Delhi are the lowest among all metro cities.

Oil Marketing Companies (OMCs) hiked the prices of petrol and diesel on Saturday across four metros of the country for second straight day. According to the rate chart of IOC (Indian Oil Corporation), petrol is being sold today at Rs 77.23 per litre in Delhi

Details
Category: Business

Write comment (100 Comments)