Business

India meets more than 80% of its oil requirement through imports.

New Delhi: Petrol and diesel prices were revised marginally lower for the fourth consecutive day, on Saturday. The prices fell around nine paise in the four metro cities. In Delhi-NCR (national capital region), petrol was sold at Rs 78.20 per litre, down from Rs 78.29 on Friday,
Details
Category: Business

Write comment (95 Comments)

Sebi alsoimposed a one-year ban on two former company officials -- Ashok Capoor and P A Murali.

New Delhi: Sebi (Securities and Exchange Board of India) on Friday barred fugitive businessman Vijay Mallya from the securities market for another three years as also from holding directorship in listed companies for five years in the case of illegal
Details
Category: Business

Write comment (95 Comments)

Fortis board previously agreed to an investment offer of Rs 1,800 crore from Hero-Burman group

The Fortis Healthcare said on Friday its board had decided to consider offers from four parties in a fresh round of bidding for the hospitals operator,
Details
Category: Business

Write comment (99 Comments)

This tour package will start from October 12, 2018.

IRCTC (Indian Railway Catering and Tourism Operation) Tourism offers 6-day tour package to Gangtok and Namchi at a starting all-inclusive price of Rs 14,560 under a special 'Green Sikkim-Chardham'
Details
Category: Business

Write comment (100 Comments)

Fixed deposits offered by post offices fetch interest rates between 6.60 and 7.40%.

State Bank of India (SBI), the largest lender of the country, has recently revised its fixed deposit (FD) interest rates. The revision of up to 25 basis points, which
Details
Category: Business

Write comment (98 Comments)

The stock markets ended Friday's choppy session on a lower note, with BSE benchmark index Sensex declining 95 points. The NSE Nifty shed 39 points to settle at 10,696. Losses in the indices were led by weakness in banking stocks however gains in auto
Details
Category: Business

Write comment (99 Comments)

Ujjivan small finance bank offers FD interest rate of 8 per cent on its one-year fixed deposits

Even after increasing the fixed deposit (FD) interest rates on May 28, the State Bank of India still offers the rate of just 6.65 per cent on its one-year
Details
Category: Business

Write comment (92 Comments)

The last date to avail Reliance Jio's offer is September 30, 2018.

Reliance Jio has come up with an exclusive offer with Samsung Galaxy J2 (2018) and Samsung Galaxy J7 Duo. Under the offer, the Mukesh Ambani-owned telecom operator is offering a
Details
Category: Business

Write comment (97 Comments)

Gold prices had dipped Rs 90 on Thursday.

New Delhi: Gold prices slipped today below Rs 32,000 level, weighed down by sluggish demand and weak global clues. Silver prices also fell sharply today to plunge below the Rs 41,000 mark. Muted demand from
Details
Category: Business

Write comment (92 Comments)

Jet Airways is also offering 10% discount in premiere and economy sections on domestic flight tickets.

Jet Airways last month announced the launch of operations under the ‘Ude Desh ka Aam Naagrik’ (UDAN) scheme. Country's second-largest private carrier had bagged four routes in the second round of bidding in January, in which a total of 325 routes w
Details
Category: Business

Write comment (94 Comments)

State Bank of India (SBI), PNB, ICICI Bank raised their lending rates from June 1

With effect from June 1, country's largest lender State Bank of India (SBI) raised its marginal cost of funds based lending rates (MCLR) by 10 basis points across the
Details
Category: Business

Write comment (98 Comments)

Mumbai: In an apparent volte-face, the Central Board of Direct Taxes has said that figures of 'write-offs' of Income Tax arrears furnished under right to information (RTI) action were sent out in error. Responding to a media report With Rs. 50,000 Crore As Arrears, Income Tax Department Writes Off Massive Corporate Dues, the CBDT's official
Details
Category: Business

Write comment (95 Comments)

The maximum discount per SpiceMax seat is Rs 500 under this offer.

SpiceJet is offering up to 50 per cent discount on SpiceMax with HDFC Bank credit cards on every Friday, Saturday and Sunday under its 'Happy Weekends' scheme, as mentioned on the official website of the airline- spicejet.com. Under SpiceMax,

Details
Category: Business

Write comment (90 Comments)

Capital buffers at six state-run banks slid below the minimum prescribed by regulators, Fitch said.

MUMBAI: Losses by state-run banks have almost entirely wiped out the $13-billion capital infusion by the government, and the situation is unlikely to
Details
Category: Business

Write comment (94 Comments)

The ED action comes after the Central Bureau of Investigation's (CBI) FIR.

NEW DELHI: The Enforcement Directorate on Friday said it has attached properties worth Rs 4,700 crore in a Rs 5,000-crore bank fraud case involving Gujarat-based pharmaceutical
Details
Category: Business

Write comment (96 Comments)

Last year, the government had announced a recapitalistion plan of Rs 2.11 lakh crore for PSBs.

As the country's 21 public sector banks (PSBs) announced their results for the fourth quarter of financial year 2017-18, only two of the state-run banks --
Details
Category: Business

Write comment (93 Comments)

With Vodafone's Rs 9 prepaid recharge plan, customers can make any number of phone calls during the day. Vodafone's Rs 9 prepaid recharge plan also enables the subscribers to send over 100 SMSes, along with 100 MB mobile data for one day until
Details
Category: Business

Write comment (93 Comments)

The total GST (Goods and Services Tax) collection for May 2018 is Rs 94,016 crores, which is higher compared to average monthly collection of Rs 89,885 crores of 2017-18, Union Finance Secretary Hasmukh Adhia said in a tweet on Friday. Adhia further
Details
Category: Business

Write comment (95 Comments)

Recently, Airtel also launched prepaid plans priced at Rs 499, Rs 558 and Rs 149.

Bharti Airtel's Rs 299 prepaid recharge plan offers truly unlimited local, STD and roaming calls for a validity of 45 days. 100 free SMSes per day are also bundled with
Details
Category: Business

Write comment (95 Comments)

New Delhi: The government on Friday launched three new reward schemes under which a person can get up to Rs 5 crore for information on tax evasion and 'benami' (proxy) transactions and properties. While a person can get maximum Rs 5 crore for giving specific information about substantial tax evasion on income and assets outside India, the maximum
Details
Category: Business

Write comment (93 Comments)

The booking period for flight tickets under the Great Australian Airfare Sale 4.0 begins from June 1.

Summer holidays are going on and leading domestic and international airlines are raining discounts to woo passengers to fly to various domestic and
Details
Category: Business

Write comment (99 Comments)

State Bank of India (SBI) offers various deposit schemes under its personal banking portfolio.

State Bank of India (SBI) offers various deposit schemes under its personal banking portfolio. SBI's Recurring Deposit (RD) scheme offers an opportunity to
Details
Category: Business

Write comment (99 Comments)

Approximately 25,000 active organisations are registered under the FCRA, Home Ministry figures show

New Delhi: The Centre on Friday launched a web-based analytical tool to closely monitor the flow and utilisation of foreign contributions received by different organisations registered or permitted under the Foreign Contribution Regulation Act (FCRA).

Details
Category: Business

Write comment (100 Comments)

Try opting for global travel companies of airlines and hotel aggregators who are registered in India.

Credit cards can be a boon when travelling abroad, as they enable you to travel with minimal cash. However, transacting in India and abroad though
Details
Category: Business

Write comment (96 Comments)

However, the value of the country's gold reserves remained stagnant at $21.70 billion.

Mumbai: India's foreign exchange (Forex) reserves plunged by $2.23 billion as on May 25, official data showed on Friday. According to the Reserve Bank of India's (RBI) weekly statistical supplement, the overall forex reserves declined to $412.82 billion from
Details
Category: Business

Write comment (91 Comments)

Reliance Jio's Holiday Hungama offer will run from June 1 to June 15.

Reliance Jio, under its Holiday Hungama offer, is offering Rs 100 as instant discount and cashback to users who recharge their phones with the prepaid recharge plan of Rs 399. This
Details
Category: Business

Write comment (96 Comments)

LPG prices were hiked today. While non-subsidised LPG or cooking gas prices were raised nearly Rs 50 per cylinder (14.2 kilograms), subsidised LPG was made more expensive by at least Rs 2 per cylinder. With effect from Friday, June 1, non-subsidised
Details
Category: Business

Write comment (92 Comments)

Nokia 8 Sirocco, Nokia 7 Plus, and Nokia 6.1 are available on Airtel's online store.

Airtel’s has launched Nokia smartphones -- Nokia 8 Sirocco, Nokia 7 Plus, and Nokia 6.1, on its virtual platform. Launched in October 2017, Airtel’s online store off
Details
Category: Business

Write comment (94 Comments)

IRCTC's 11-day travel package include Tirupati, Rameshwaram, Madurai, Kanyakumari and Trivandrum.

IRCTC (Indian Railway Catering and Tourism Corporation) Tourism is offering ten nights and eleven days travel package to Tirupati, Rameshwaram, Madurai, Kanyakumari, Trivandrum. The package which is under the Bharat Darshan Special Tourist Train, is
Details
Category: Business

Write comment (100 Comments)

This is another sign that an interest rate hike by RBI is around the corner.

BENGALURU: Activity in the manufacturing sector grew at a weaker pace in May from the previous month, a business survey showed on Friday, while inflationary pressures picked
Details
Category: Business

Write comment (91 Comments)