Business

New Delhi: The government is likely to recapitalise some state-run banks in urgent need by up to Rs 10,000 crore within a few days to help them meet regulatory capital requirements, official sources said on Tuesday. According to the Finance Ministry

Jet Airways has come up with a discount offer on domestic and international flight tickets, said the country's second largest airline on its official website -- jetairways.com. Jet Airways is offering up to 30 per cent discount, which is applicable on base fare in

Gold prices in Delhi registered slight recovery, reversing the declining trend witnessed in the past five sessions. Recovering by Rs 60 per 10 grams, gold prices in the national capital were at Rs 31,150 per 10 grams at the bullion market on Monday. A a pick-up in buying by local jewellers supported gold prices, according to traders. Domestic gold

Domestic gold prices have declined about 1 per cent in the past two weeks. During this period, the prices for 24-carat gold - or gold of 99.9 per cent purity - stayed in the range of Rs 31,090-31,210 per 10 grams on a closing basis. Strength in the dollar

Hindustan Unilever (HUL) share price fell by Rs 60 or 3.41 per cent on the S-P BSE Sensex in early morning trade on Tuesday. The FMCG major's shares were trading at Rs 1,694 on the BSE. On the broader NSE Nifty50, HUL's share price was down by Rs 54 or 3 per cent at Rs

Domestic stock markets started the week on a weak note, with the BSE Sensex falling 217 points. That marked a further retreat from record highs registered recently. While the 30-scrip BSE benchmark index settled 0.6 per cent lower at 36,323, the NSE Nifty

State Bank of India (SBI), the largest lender of the country, requires customers to maintain a certain minimum balance in its savings accounts, except for some like the basic savings bank deposit account. Minimum balance requirements of SBI vary

Petrol and diesel prices were not slashed on Tuesday, despite global crude oil prices plunging by 4 per cent. A litre of petrol was being sold in Delhi for Rs 76.84; in Kolkata for Rs 79.51; in Mumbai for Rs 84.22; and in Chennai for Rs 79.76. A litre of diesel was being sold in Delhi

These days leading banks offer the facility of opening savings accounts instantly via internet on mobile or desktops. The largest lender of the country, State Bank of India, has been offering two such savings accounts, which can be opened via its

After a flat start, the domestic equity benchmarks recovered in trade but continued to swing between gains and losses amid mixed global cues. At 10:35 am, the S-P BSE Sensex traded at 36,331.42, up 7.65 points or 0.02 per cent while the

New Delhi: Life Insurance Corporation's board board approved acquisition of up to 51 per cent stake in IDBI Bank by the insurance major, Economic Affairs Secretary SC Garg said on Monday.

Now the state-owned Life Insurance Corporation of India (LIC)

Domestic stock markets rose on Tuesday, supported by gains witnessed across banking and energy stocks. BSE benchmark index Sensex moved up 196 points, or 0.5 per cent, to close at 36,519 while the NSE Nifty settled at 11,008, up 71 points. Thirty nine stocks on

Bank fixed deposits or FDs are the preferred choice of investment for a rather traditional investor. In other words, individuals with low risk-appetite often find bank fixed deposits to be an attractive instrument for their surplus savings. Reason

Wholesale inflation for the month of June stood at 5.77 per cent against 4.43 per cent of May and 0.90 per cent during the corresponding month of the previous year, according to official data released on Monday. 

The index for 'Food Articles' group rose by 1.1 per cent to 141.7 (provisional) from 140.1 (provisional) for the month of June due to

Netflix Inc's subscriber growth fell short of Wall Street expectations on Monday, sending shares of the normally high-flying stock down 14 per cent on fears that the company's rapid expansion is slowing. The streaming video pioneer added 5.2 million

Airline IndiGo has introduced new flights connecting Surat. The new non-stop flights will connect Surat with cities such as Delhi, Bengaluru and Mumbai, among others. This was said by the airline on its website - goindigo.in. With an apparent view to promoting its new flights, IndiGo has opened bookings for flight tickets on the routes at a

The domestic stock markets opened the first day of the week on Monday on a slightly negative note following weak global cues. The S-P BSE Sensex opened at 36,658.71 while the Nifty 50 started at 11,018.95, before extending their losses. At 9:43

Gold prices fell by Rs 100 to Rs 31,050 per 10 grams at the bullion market on Tuesday owing to a slackened demand from local jewellers even as the metal strengthened overseas, reported news agency Press Trust of India (PTI). Silver followed suit and slipped by Rs 130

Prevailing weakness in the rupee coupled with crude oil around $73.50 per barrel does not leave enough room for oil marketing companies to pass on any major benefit to consumers, say analysts.

Domestic petrol and diesel prices were reduced in the range of 10-11 paise per litre across Delhi, Kolkata, Mumbai and Chennai on Monday, marking the first

Petrol and diesel prices were slashed with effect from 6 am on Monday, according to the website of Indian Oil Corporation (IOC), the largest fuel retailer in the country. One litre of petrol was being sold in New Delhi for Rs 76.84, in Kolkata for Rs 79.51, in

India Post, which also deals with banking services, offers to its customers the option of recurring deposit (RD) accounts and monthly income scheme (MIS) accounts. With deposits in either of these schemes, you can not only increase your savings

Farnborough, England: Airline SpiceJet is in talks with aircraft makers over planes that would help its ambitions to fly long-haul, the carrier's chairman said on Monday.

"We would dearly like to take passengers to Europe and the United States," Ajay Singh, chairman and managing director of SpiceJet, said at an airline panel during the Farnborough

Google will be hit with a record European Union (EU) fine for using its Android smartphone system to fortify its search empire. The fine -- likely to be handed down on Tuesday or Wednesday -- is expected to eclipse the 2.1 billion pound monopoly abuse penalty Google paid

Most banks today offer three wire money transfer or electronic money transfer services. These are National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS). The charges levied from the customers vary from one

AirAsia India is offering up to 30 per cent discount on flight tickets on select flights. The offer, according to AirAsia India, is applicable to flights between Bengaluru and Amritsar. AirAsia India's up to 30 per cent discount on flight tickets offer

With the onset of monsoon, air carriers have come up with lucrative fares on domestic and international flight tickets to woo customers. Jet Airways is offering a discount of 20 per cent on base fare on international flight tickets. Budget-carrier IndiGo is

Wondering about the charges you have to pay the bank for making an instant money transfer NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement) and IMPS (Immediate Payment Service) are three popular money transfer services

Mumbai: The green-shoots of demand growth seen in some rural pockets is driven by farm loan waivers and not likely due to real increases in rural incomes and wages, indicative that the economy is still some time away from a full-blown rural revival, says a report. Noting that