Business

Before you parked money into a mutual fund, some sceptic(s) probably told you to refrain from the "risky" investment, and instead play safe by embracing reliable as well as time-tested financial instrument of bank fixed deposits (FDs). There is no denying the fact that market-led financial instruments are relatively illiquid and riskier than the

Fixed deposits help people save money and also earn an attractive interest rate on the same. In a fixed deposit, customers can keep a certain amount of money with the bank for a specific tenure. In return for the fixed deposit, banks pay interest. Interest income is

Hyderabad: As state carrier Air India found no takers in government's bid to sell its 76 percent stake, the Centre is now contemplating infusing fresh capital into it, a top official said on Thursday. Civil Aviation Secretary R. N. Choubey said a decision on infusing fresh capital would be taken very soon.

He also clarified that the government has

Indian Railways will roll out a special train starting Rewa in Madhya Pradesh on July 17. The Western Railway's train will leave Rewa at 6.30 pm to reach Rajkot in Gujarat at 10.50 pm the next day (July 18). The train will have second class sleeper class coaches.

If you are travelling by an Indian Railways train, you are now permitted to use your aadhaar card and driving licence saved in Digital Locker as a proof of identity. DigiLocker is a cloud-based platform for issuance and verification of documents and

For the second straight day in a row, petrol prices were raised in the range of 14-15 paise per litre. After the latest price revision, petrol on Friday is priced at Rs 75.71 per litre in Delhi. In other metro cities of Mumbai, Kolkata and Chennai, petrol is

New Delhi: Fitch Ratings on Friday said that rising fuel prices could strain India's commercial vehicle operators and lead to a rise in auto-loan delinquencies. "That said, the upbeat economic outlook suggests operators may find it easier to pass increased costs

Indian Railways allows passengers with single journey tickets for distance of more than 500 Kilometers to break their journey once for two days at any station en-route, according to Indian Railways portal- indianrail.gov.in. However, this facility

Like reservation and cancellation rules, Indian Railways also have certain luggage carrying rules which must be known by every passenger. Each passenger is allowed a free allowance up to which he can carry luggage with him in the compartment of Indian Railways,

IRCTC (Indian Railway Catering and Tourism Corporation) offers quota of 'Tatkal' as well as 'Premium Tatkal' for online ticket bookings. These ticket booking are meant for immediate plans, according to IRCTC's official website- irctc.co.in. The major difference between these two ticket booking types lies in the ticket prices. The Tatkal ticket

New Delhi: In order to recover maximum out of Vijay Mallya's assets, Banks are working very closely with the UK authorities, State Bank of India's (SBI) Managing Director Arijit Basu said on Friday. Mr Basu's statement came in wake of a British court permitting the Br

July 31 is the last day to file income tax returns (ITR). In order to avoid last minute rush, ideally you should file your income tax returns well before July 31. The income tax department has been running advertisements to spread awareness about it. When you file your income tax

Oil marketing companies (IOC, HPCL and BPCL) on Saturday raised the prices of petrol, diesel again for the third day in a row. After the price hike, petrol prices now stand at Rs 75.98 in Delhi. In other three metro cities of Mumbai, Kolkata and Chennai, petrol prices

With the onset of monsoon season, airlines have come up with hefty discounts on flight tickets. Airlines like IndiGo, SpiceJet, GoAir and AirAsia India are offering lucrative deals on domestic flight tickets to woo flyers. IndiGo, GoAir and SpiceJet are offering

Budget passenger carrier IndiGo is offering domestic flight tickets at a starting all-inclusive price of Rs 999, said the airline on its official Twitter handle. Under this offer, customers can book flight tickets till July 8, 2018. The travel period of the offer ends on September 27, 2018. The carrier is also offering an additional 10 per cent

An income tax return, as the name suggests, is a return or form of 'income' which also incorporates pertinent tax information for the relevant year. If your total income exceeds the basic exemption limits (e.g. Rs. 5 lakh for very senior citizen, Rs. 3 lakh for

Varroc Engineering issue opened over 6 percent higher on the market debut on BSE. The Varroc Engineering shares was issued at Rs 967 while the shares opened at Rs 1,032 on Friday, 6.7 percent higher against the issue price on BSE. In the intraday trading, the

Reliance Industries Ltd. plans to take on the likes of Amazon.com Inc. and Walmart Inc.'s Flipkart Online Services Pvt. in retail by creating a platform that combines online and conventional shopping.

Billionaire Chairman Mukesh Ambani outlined the plan Thursday

Money transfer services such as NEFT, RTGS and IMPS are offered by most banks across the country today. Wire transfer or instant money transfer service refers to a service offered by a bank wherein the user can transfer funds, or money, from one

The Indian rupee on Friday skidded by 8 paise to trade at 69.03 against the US dollar in opening trade, reported Press Trust of India (PTI). The fresh fall in Indian currency is due to appreciation of the American currency overseas and sustained foreign capital outflows. According to forex dealers, this is the rupee's third straight slide which is

Bharti Airtel, the largest telecom company of the country, has revamped two of its postpaid plans. Airtel postpaid plans of Rs 799 and Rs 1,199 will now offer more 3G/4G data, according to Airtel's website, airtel.in. Both plans offer unlimited calling

Local jewellers lifted gold prices on Friday, despite weak global cues. Gold prices rose to Rs 31,690 per ten grams by Rs 110 for the third straight day. Silver prices, however, could not match up to gold rates as they fell by Rs 100 to Rs 40,500 per kg. In international trade, gold prices were negative but narrowed their losses as US tariffs on

Indian domestic market indices opened lower on Friday before they quickly pared gains and traded in green. At 11.13 am, Sensex rose over 202 points to trade at 35,777. NSE's Nifty rose 62 points to trade at 10,811. The top Sensex gainers in the late morning trade are Tata Motors (3.8 percent), Hero MotoCorp (2.9 percent), Bajaj Auto (2.87

Budget carrier GoAir is offering domestic flight tickets starting from Rs 999 under the 'Monsoon Sale', said the airline on microblogging website - Twitter. GoAir's offer comes at a time when other airlines in the country -- AirAsia, Jet Airways and Vi

Tata Motors shares rose 3 per cent on Friday, making some recovery from recent losses but finishing the week on a flat note. Tata Motors shares ended at Rs 269.50 apiece on the National Stock Exchange (NSE). On the BSE, Tata Motors settled at Rs 271.15. Concerns relating to the automaker's business in the UK have hurt Tata Motors' shares in the pa

Owing to bad weather, track repairs and several other technical, logistics and/or unforeseen circumstances, Indian Railway's regional wings such as Western Railway, Northern Railway, Central Railway, among others, tend to reschedule (or delay) some of the trains, while they also cancel them, at times, at the eleventh hour. This, undoubtedly,

In a major announcement today, Mukesh Ambani launched the latest version of Reliance Jio's feature phone JioPhone, called as JioPhone 2. JioPhone 2 will be available at an introductory price of Rs 2,999 from August 15. The company has also announced a new scheme called as JioPhon

The domestic stock market indices ended Friday's session on a positive note, posting a weekly gain. The S-P BSE Sensex surged 83.31 points, or 0.23 per cent, to close at 35,657.86. The NSE's Nifty50 index rose 22.50 points or 0.17 per cent and settled at 10,772.25. Stock markets ended in

London: German industrial giant Thyssenkrupp's CEO announced his resignation, just days after he hailed the "historic" merger of the company's steelmaking business with Tata Steel. In a move that came as a surprise, the company announced that Heinrich Hiesinger has

Reserve Bank of India's (RBI) deadline given to banks to snap the ties with entities that deal with cryptocurrencies finally ends today. Exactly three months ago, India's central bank had instructed the banks to end the relations (if any) with cryptocurrency-driven companies.  The RBI released the circular on April 6 that was challenged in the