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INR Vs USD: Rupee caved in to a fresh intra-day low of 68.68 against the dollar in afternoon deals.
The embattled rupee on Wednesday plunged by 37 paise or 0.54 per cent to close at a 19-month low of 68.61 against the US dollar. Growing crude oil prices led to the fear of a widening current account gap and an increase in inflation, reported news
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Read more: Rupee Nosedives To 19-Month Low Against US Dollar: 5 Things To Know
Write comment (94 Comments)Gorakhpur Express, with a scheduled departure at 5.50 pm, was rescheduled at 9 pm
As rains continue in various parts of country, the weather department cautioned that certain areas are more vulnerable to weather's extremes, especially heavy rains, than others. In some regions, public transport including train schedules went haywire. For instance, L
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Read more: Weather Update: Some Trains Rescheduled As Heavy Rains Continue
Write comment (91 Comments)Jet Airways is also offering up to 25 per cent discount on domestic flight tickets.
Jet Airways has announced an additional flight between Delhi and Dhaka with effect from Tuesday, said the country's second-largest airline in a press release. This planned expansion - includes a four-day-week operation. Bookings for the new service are open and
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Read more: Jet Airways Announces Additional Flights At Discounted Fares
Write comment (90 Comments)IRCTC's Dubai tour: The package starts from Rs. 48,990 in the triple and double occupancy segment.
IRCTC (Indian Railway Catering and Tourism Corporation) Tourism is offering a tour package of four nights and five days to Dubai and Abu Dhabi. The tour will be via Air Arabia, said the tourism arm of the Indian Railways on its official website -
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Read more: IRCTC Tourism Offers 5-Day Tour To Dubai, Abu Dhabi From Rs. 48,990
Write comment (91 Comments)The Indian rupee leaped by 30 paise on Wednesday to hit a 19-month low of 68.54 against the US dollar in early trade, new agency PTI reported. The major plunge in Indian rupee was due to strong month-end dollar demand from importers and banks amid sustained foreign capital outflows. This is the rupee's lowest level against the greenback since
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Read more: Rupee Plunges To 19-Month Low On Strong Month-End US Dollar Demand
Write comment (100 Comments)atkal booking opens at 10 AM for AC classes and 11 AM for non-AC classes.
IRCTC (Indian Railway Catering And Tourism Corporation) offers booking of Tatkal tickets online via its website/app. Tatkal tickets booking are meant for immediate plans. According to IRCTC, Tatkal ticket bookings are allowed in all classes except first AC and executive
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Read more: Railway Tatkal Tickets: From Booking To Cancellation, All FAQs Answered
Write comment (99 Comments)IRCTC (Indian Railway Catering and Tourism Corporation) offers a quota of 'Premium Tatkal' for online ticket bookings on its official website- irctc.co.in and app. Premium Tatkal tickets were introduced with dynamic fare pricing by Indian
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Read more: IRCTC Premium Tatkal Tickets: Booking Rules, Charges And All Details
Write comment (97 Comments)JSW Steel produced 15.8 million tons of crude steel in the year to March 31.
India’s top steelmaker JSW Steel Ltd. says it’s scouting for more deals in the U.S. and Europe to expand its global footprint, betting that vibrant growth will underpin demand in overseas markets and complement a boom at home that’s seen the mill ramp up local output.
“What
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Read more: Indian Steel Giant JSW Has $1 Billion Investment Plans In US, Wants More
Write comment (96 Comments)Rescuing a dying bank with taxpayers' money is often the only way to prevent a costlier contagion. But nursing a deposit-taking institution by tapping life-insurance premiums of policyholders That's like allowing a localized infection to spread all over, hoping the natural immunity of an otherwise healthy body will help beat back the germs.
India's
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Read more: Opinion: IDBI Deal Is Money Down The Drain For Life Insurance Corporation
Write comment (96 Comments)The EPFO (Employees' Provident Fund Organisation) recently allowed its members to withdraw upto 75 percent of their EPF (Employees' Provident Fund) account balance in case of unemployment of members for over one month. However, there are several other reasons for which one can exercise the option of partial/full withdrawal of the PF account
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Read more: EPF Withdrawal: Five Things To Know Before You Unlock PF Account Balance
Write comment (93 Comments)Net loss for the year-ago quarter was 638 million rupees.
Fortis Healthcare Ltd, which is embroiled in a takeover battle that has drawn international bidders, on Wednesday said loss for the March quarter ballooned to 9.32 billion rupees ($136.3 million) hurt by impairment charges.
Fortis, which delayed reporting results for the quarter as it
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Read more: Fortis Healthcare Q4 Net Loss Widens To Rs 932 Crore
Write comment (90 Comments)The number of frauds reported by banks increased from 4,693 in 2015-16 to 5,904 in 2017-18.
New Delhi: Eleven public sector banks that are under the RBI's watchlist for mounting bad loans today expressed confidence before a parliamentary committee that they would emerge out of the central bank's Prompt Corrective Action (PCA) framework by 2020,
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Read more: 11 PSU Bank Chiefs Chalk Out Roadmap To Deal With Bad Loans: Report
Write comment (99 Comments)Tech Mahindra Ltd was the top percentage gainer on the NSE index Nifty.
The domestic stock markets closed Wednesday's session on a lower note. The S-P BSE Sensex plummeted 272.93 points, or 0.77 per cent, to close at 35,217.11. The NSE's Nifty50 index slipped 97.75 points or 0.91 per cent and settled at 10,671.40. Domestic equity indices fell
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Read more: Sensex Tanks 273 Points, Nifty Settles Below 10,700 On Global Sell-Off
Write comment (92 Comments)Market benchmark indices Sensex and Nifty fell on Wednesday as shares of oil marketing companies slipped on higher crude prices, and the rupee hit a more than one-and-a-half year low, while traders turned cautious a day before the expiry of derivatives contracts. At 12.17 pm, Sensex fell 95 points to trade at 35,395, while NSE's Nifty fell 36
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Read more: Sensex Sheds 100 Points, Nifty At 10,734; ICICI Bank Falls Nearly 4%
Write comment (90 Comments)India's stock market indices closed Tuesday's session marginally higher. The S-P BSE Sensex rose 19.69 points, or 0.06 per cent, to close at 35,490.04. The NSE's Nifty50 index rose 6.70 points or 0.06 per cent and settled at 10,769.15. However, in the early trade today, domestic equity indices opened on lower note but pared losses in late mor
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Read more: Sensex Closes Marginally Higher, Nifty At 10,769; Tata Motors Falls 4%
Write comment (90 Comments)Sovereign gold, however, remained steady at Rs 24,800 per piece of eight gram.
New Delhi: Gold remained weak for the second straight day and drifted lower by Rs 25 to Rs 31,570 per 10 gram amid weakening global trend and easing demand from the local jewellers at the bullion market on Wednesday, reported news agency Press Trust of India (PTI).
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Read more: Gold Prices Dip For Second Straight Day: Key Things To Know
Write comment (95 Comments)The retirement body Employees' Provident Fund Organisation (EPFO) on Tuesday decided to allow its members to withdraw upto 75 percent of outstanding balance from their PF accounts if they have been unemployed for more than a month.
As per the existing rules, the EPFO members are entitled to withdraw their entire balance after two months of
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Read more: Jobless For A Month You Can Now Withdraw 75 Percent From EPF Account
Write comment (90 Comments)Idea Cellular is holding an EGM to approve the modalities of merger with Vodafone India
Idea Cellular shares closed over 3 per cent higher on on Tuesday, a day marked with its extraordinary general meeting (EGM) that is being held to deliberate over the modalities of its merger with Vodafone India. The Aditya Birla Group's telecom company will
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Read more: Idea Cellular Rises Over 3% Ahead Of Name Change To Vodafone Idea
Write comment (91 Comments)In another offer, AirAsia is offering 20% discount on international flight tickets.
AirAsia India is offering 20 per cent discount on flight tickets between Bengaluru and Amritsar, said the airline on its official website -- airasia.com. The booking period to avail AirAsia's discounted offer is valid till July 1, 2018. Travel period for the
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Read more: AirAsia Offers 20% Discount On Flight Tickets For Select Routes
Write comment (92 Comments)After cutting petrol, diesel prices for six days in a row, the persistent fuel price cut was given a skip on Wednesday. Petrol prices on June 27 (Wednesday) stand at Rs 75.55 in Delhi. The petrol prices in Kolkata, Mumbai and Chennai stand at Rs 78.23, Rs 83.12 and Rs 78.40. Similarly, diesel prices were also left unchanged. Now, the diesel prices
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Read more: Petrol, Diesel Prices: Check Latest Fuel Rates In Your City Today
Write comment (96 Comments)Analysts view a further decline of 5 per cent in Tata Motors shares as a good buying opportunity
Tata Motors shares declined further on Tuesday, extending losses to the second straight day. Tata Motors shares closed 4.4 per cent lower at Rs 276.55 apiece on the Bombay Stock Exchange (BSE). Tata Motors shares had opened at Rs 289.70 and hit an
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Read more: Tata Motors Shares Fall Over 10% In Two Days. Should You Buy
Write comment (95 Comments)GoAir's new offer is valid till July 27, 2018.
GoAir airline is offering domestic flight tickets at a starting all-inclusive price of Rs. 1,880 under its '#LowFareWednesday' promotional sale offer. GoAir's new offer is valid till July 27, 2018. Customers can book flight tickets under this promotional sale offer till July 27, 2018, as mentioned on
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Read more: GoAir Offers Flight Tickets From Rs 1,880 In '#LowFareWednesday' Sale
Write comment (93 Comments)The merger of Idea Cellular with Vodafone India comes amid high competition in the telecom sector
Idea Cellular shareholders on Tuesday approved the resolution to change the name of the company to Vodafone Idea Ltd. Idea Cellular conducted an extraordinary general meeting in Gujarat. Aditya Birla Group company Idea Cellular said in a regulatory
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Read more: Idea Cellular Shareholders Give Nod To Change In Company Name
Write comment (91 Comments)Fugitive business person Vijay Mallya, who is wanted in India over loan default, Tuesday broke his silence by launching the letters he wrote to the PM Modi and finance minister Arun Jailtey where he implies that he has actually been unfairly treated by the companies including CBI, ED and earnings tax department. In the letter, he prompted the PM Modi to select an
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Read more: Vijay Mallya Breaks His Silence, Disputes Wilful Defaulter Tag; 10 Things To Know
Write comment (100 Comments)mPassport Seva app will enable applicants to apply for passport.
Applicants can now apply for passport from anywhere in India, said a press release issued by Ministry of External Affairs (MEA). On Tuesday, Minister of External Affairs, Sushma Swaraj said that an individual can apply for a passport from anywhere in India irrespective of his/her
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Read more: How To Apply For Passport From Anywhere In India 5 Key Points
Write comment (91 Comments)Non-performing assets are likely to rise from 11.6% in March 2018 to 12.2% by end of FY19, said RBI.
Mumbai: Gross non-performing assets (GNPAs), or bad loans, ratio in the Indian banking system is likely to rise from 11.6 per cent in March 2018 to 12.2 per cent by the end of March next year, the Reserve Bank of India said on Tuesday. Referring to
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Read more: RBI Sees Banks' Bad Loans Crossing 12% By End Of Fiscal Year
Write comment (99 Comments)Sovereign, however, traded flat at Rs 24,800 per piece of eight grams in scattered retailer enquiries.
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Read more: Gold Prices Break 3-Day Rising Streak: 5 Things To Know
Write comment (90 Comments)IndusInd Bank share price jumped to a 52-week high of Rs 1,995 on Wednesday after the company announced the decision of acquiring a 100 per cent stake in IL-FS Securities Services Limited. The latest development was made in a stock market filing on Tuesday after the market hours. The IndusInd Bank's share opened at Rs 1,985 on BSE, and soared
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Read more: IndusInd Bank Shares Hit A Record High On Acquisition Of IL FS Securities
Write comment (96 Comments)INR Vs USD: Steady capital outflows and a marginal rise in crude prices also added pressure on rupee
Continued its downward movement against the US dollar today, the rupee weakened by 11 paise to close at 68.24 against the greenback. Increased demand for the American currency put pressure on the rupee, according to market observers. At 68.24, the
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Read more: Rupee Falls To 1-Week Low Against US Dollar: 5 Things To Know
Write comment (93 Comments)Reliance Jio's recharge plan priced at Rs. 449 deals 273 GB data for a duration of 91 days. Telecom business are providing data packs at attractive prices which are highly popular amongst customers. All the telecom operators are coming up with brand-new packs
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Read more: Jio Vs Airtel Vs Vodafone: Prepaid Plans With 3 GB Per Day Data Compared
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