Business

GDP forecasts ranged from 6.9 to 7.7 per cent.

India's economy probably gained a little momentum in the first three months of 2018 which should ensure that it remains the world's fastest growing major economy, a Reuters poll found.

Gross domestic

Details
Category: Business

Write comment (96 Comments)

BSE benchmark index Sensex shed 216 points to close at 34,949 on Tuesday, breaking its three-day winning streak. ICICI Bank, which ended more than 3 per cent lower, led the declines in banking stocks. Besides, losses in pharmaceutical stocks also
Details
Category: Business

Write comment (99 Comments)

UltraTech Cement's bid received 100% consent at the CoC meeting.

Kolkata: The Committee of Creditors (CoC) of Binani Cement today voted in favour of UltraTech Cement's Rs 7,960-crore offer. UltraTech Cement's bid received 100 per cent consent at the CoC meeting, sources close to the company said. The meeting had to be pushed back several rounds due
Details
Category: Business

Write comment (95 Comments)

CBSE (Central Board of Secondary Education) students can get digital versions of their 10th and 12th mark sheets from DigiLocker, a cloud-based platform for issuance and verification of documents and certificates that allows users to store and access
Details
Category: Business

Write comment (98 Comments)

Credit Cards are merely not just plastic money any more, but offer you an array of credit facilities that make your life easier. One of these is the balance transfer facility which allows a card holder to clear his credit dues on one card by
Details
Category: Business

Write comment (96 Comments)

For autos, the increase would be 4 paise per km and for taxi it would be 7 paise per km.

New Delhi: CNG price in the national capital was today hiked by Rs 1.36 per kg as input raw material got costlier because of rupee depreciation and rise in natural gas price. CNG will cost Rs 41.97 per kg in Delhi with effect from midnight tonight following the
Details
Category: Business

Write comment (100 Comments)

The entry of WhatsApp into India's payments space has been likened to WeChat.

Facebook Inc. is set to offer its WhatsApp payment services to the whole of India as early as next week in an attempt to win market share, even though its partners aren't all ready, said people familiar with the matter.

The messaging app

Details
Category: Business

Write comment (93 Comments)

This package includes to and fro train tickets in 3A class.

IRCTC (Indian Railway Catering and Tourism Operation) Tourism offers 6-day tour package to Kalimpong and Darjeeling at a starting all-inclusive price of Rs 15,635 under a special 'Enchanting
Details
Category: Business

Write comment (93 Comments)

AirAsia flight ticket from Kochi to Sydney via Kuala Lumpur costs Rs 11,999.

AirAsia India has come up with a discount scheme and is offering international flight tickets starting at Rs. 3,999, it said on its official website -- airasia.com. Under its 'End of Summer Sale', AirAsia is offering flights from a host of local cities such as Amritsar,
Details
Category: Business

Write comment (90 Comments)

AirAsia's offer require flyers to make advance bookings.

AirAsia is currently offering a host of offers on flight tickets on select routes under its 'End of Summer sale'. AirAsia India is offering domestic flight tickets at a starting all-inclusive
Details
Category: Business

Write comment (95 Comments)

Bank employee unions have been opposing the 2% wage hike proposed by the Indian Banks' Association (IBA)

Banking operations could be hit as employees of state run banks are set to go on a two-day strike starting Wednesday, May 30. Bank employee unions have been opposing a 2 per cent wage hike proposed by the IBA or
Details
Category: Business

Write comment (94 Comments)

Reliance Jio's Rs 449 recharge pack offers 1.5 GB of 4G data per day.

Sunil Mittal-owned Bharti Airtel has recently launched a prepaid plan priced at Rs 449 to take on Reliance Jio's plan of the same amount. Since the launch of Mukesh Ambani-owned
Details
Category: Business

Write comment (90 Comments)

SpiceJet will be operating the flight via a Bombardier Q-400 aircraft from Delhi airport.

SpiceJet is launching Delhi-Kanpur-Delhi flight services, fares for which start from an all-inclusive one-way price of Rs 2,313, the airline said on Tuesday.
Details
Category: Business

Write comment (94 Comments)

Mumbai: Bharat Sanchar Nigam (BSNL) feels a merger with MTNL will be positive for both the companies,but there are a few impediments like the later's huge debt and the difference between pay scales which need to be sorted out, a top official has said. However, there is no specific plan on the merger in the works at present, beyond the appointment
Details
Category: Business

Write comment (98 Comments)

SEBI on May 25 had sought responses from ICICI Bank's Chanda Kochhar.

New Delhi: The Enforcement Directorate in Mumbai had levied a penalty of Rs 14 crore on Videocon, along with six group companies and Venugopal Dhoot in May 2017, according to a leading economic daily on Monday. It said the penalty was imposed following a reference from the
Details
Category: Business

Write comment (100 Comments)

The rupee fell to 67.99 against the US dollar at day's low.

The rupee came under pressure today, sliding close to 68 levels against the US dollar at day's low. The rupee traded in the range of 67.99 to 67.61 against the US dollar on Tuesday, before
Details
Category: Business

Write comment (92 Comments)

Petrol and diesel prices: The government has indicated short-term and long-term solutions to rising

Petrol and diesel prices today were hiked for the sixteenth straight day across the country. On Tuesday, petrol prices in Delhi, Mumbai and Chennai were
Details
Category: Business

Write comment (99 Comments)

The decision came after an accepted offer got tepid response from investors.

Bengaluru: India's Fortis Healthcare Ltd said on Monday it had not decided whether to re-open bidding for itself, after an offer of funding that its board had accepted got a tepid response from investors, prolonging a fierce takeover battle. The Hero Enterprise Investment
Details
Category: Business

Write comment (98 Comments)

Bidders in the new round should submit their offers by June 14.

India's cash-strapped Fortis Healthcare Ltd laid out plans on Tuesday for a fresh bidding process, after it became the subject of a bidding war by suitors seeking to cash in on an expected
Details
Category: Business

Write comment (98 Comments)

Nearly 13 lakh tickets are booked every day through the IRCTC.

When you book a railway ticket next time through IRCTC's website and get a waitlisted ticket, you will know the chances of the ticket getting confirmed. This new facility has been launched
Details
Category: Business

Write comment (96 Comments)

Fixed deposits (FDs) offer income tax benefits while recurring deposits (RDs) do not.

Post offices across the country offer nine saving schemes, which also include fixed deposits (FDs) and recurring deposits (RDs). Both FDs and RDs offer attractive
Details
Category: Business

Write comment (98 Comments)

Analysts on average expected a quarterly profit of Rs 1,045 crore.

Mahindra - Mahindra Ltd on Tuesday said fourth-quarter profit surged over 70 per cent, slightly above estimates.

Standalone profit after tax, which does not include share of profit

Details
Category: Business

Write comment (95 Comments)

The stock markets started Tuesday's session on a weak note, with the BSE benchmark index Sensex shedding 63 points. Losses in banking, metal and pharma stocks dragged the markets lower. The downward movement in metal stocks was led by Vedanta, which
Details
Category: Business

Write comment (94 Comments)

India expected to grow at 6.7% in fiscal 2018, says Economic Affairs Secretary Subhash Chandra Garg.

NEW DELHI: The economy is expected to grow between 7.3 to 7.5 per cent in the March quarter, Economic Affairs Secretary Subhash Chandra Garg told a news channel on Monday. The government will release GDP data on Thursday around 5: 30 pm.

Mr Garg said

Details
Category: Business

Write comment (95 Comments)

IMD last month forecast that monsoon rains were expected to be 97-per cent of a long-term average.

Monsoon rains hit the southern state of Kerala a few days earlier than normal on Tuesday, the country's weather office said, potentially brightening the
Details
Category: Business

Write comment (95 Comments)

AirAsia is offering domestic and international flight tickets from Rs 1,599 and Rs 3,999 respectively.

During the ongoing summer holidays, domestic airlines are raining discounts to garner maximum customers. GoAir is offering flight tickets from Rs
Details
Category: Business

Write comment (98 Comments)

Entrance fees and guide charges at monuments are not included in the package cost.

IRCTC (Indian Railway Catering and Tourism Operation) Tourism offers 10-day tour package to Mathura, Haridwar, Amritsar and Vaishno devi under a special 'Bharat Darshan' tour package. This special package is priced at Rs

Details
Category: Business

Write comment (100 Comments)

Gold prices today weakened further in Delhi, coming down for the third straight day. Gold prices fell by Rs 105 per 10 grams to Rs 31,860 per 10 grams at the bullion market, news agency Press Trust of India reported. Weak cues from international
Details
Category: Business

Write comment (95 Comments)

The money from Bharti Group Chairman Sunil Mittal would fund acquisitions by Sharan Pasricha's Ennismore

The family of billionaire Sunil Mittal, who controls India's biggest mobile-phone operator, is looking to pump more than $1 billion into a hotel chain founded by his son-in-law in London, people with knowledge of
Details
Category: Business

Write comment (90 Comments)

Bank of India's shares ended 4.5% higher in a Mumbai market.

Bank of India Ltd reported a net loss of Rs 3,969 crore ($588.87 million) for the fourth quarter, as the state-owned lender set aside more funds for bad loans.

That compared with a loss of Rs

Details
Category: Business

Write comment (98 Comments)