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Authors: Jordan

Duration for which money is deposited in fixed deposits (FD) enables customers to earn an interest rate.

Bank fixed deposit or bank FD is an investment instrument characterised with a higher interest rate compared with savings bank
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Authors: Jordan

The 27th GST (Goods and Services Tax) Council on Friday proposed a concession of 2% in GST rate (where the GST rate is 3% or more, 1% each from applicable Central GST and State GST rates) on B2C supplies, for which payment is made through cheque or digital mode. However, this is subject to a ceiling
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Authors: Jordan

Gold imports declined by 50 per cent in the March quarter of this year to 153 tonne

Mumbai: The gold demand in India fell by 12 per cent in the first quarter of this year to 115.6 tonne compared to the same period last year due to high local gold price, the World Gold Council (WGC) said in a report. The total demand stood at 131.2
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Authors: Jordan

Country's foreign exchange (Forex) reserves plunged by $3.21 billion as on April 27, official data showed on Friday.

According to the Reserve Bank of India's (RBI) weekly statistical supplement, the overall forex reserves declined to

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Authors: Jordan

A $20 billion valuation for Flipkart would be substantially higher than the $12 billion mark hit in 2017

The board of Flipkart Online Services Pvt has approved an agreement to sell about 75 percent of the company to a Walmart Inc.-led group for approximately $15 billion, according to people familiar
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Indian stock markets edged lower today amid weak Asian markets. The Sensex was down 60 points at 35,041 while Nifty slipped 18 points to 10,661. IT, banking and oil - gas stocks were under some degree of pressure. Infosys, Tech
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Some cryptocurrency traders have challenged the central bank's order in court.

New Delhi/Mumbai: A month after the Reserve Bank of India (RBI) barred regulated lenders from facilitating cryptocurrency transactions, trading volumes have surged dramatically alongside a sharp rally in prices.

Exchange operators, investors and analysts

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Authors: Jordan

Gold Prices Fall Today, Slips Below Rs 32,000: 5 Things To Know

Sovereign gold, however, remained unaltered at Rs 24,700 per piece of eight grams.

New Delhi: Gold prices fell marginally today in the national capital today, extending its fall for the third straight day. Gold rates today slipped by Rs 20 to Rs 31,980 per 10 grams at the bullion market. Gold

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Authors: Jordan

All listed Indian firms are required to provide specified data on foreign investment to the depositories.

In order to enable listed Indian companies to ensure compliance with the various foreign investment limits, Reserve Bank Of India
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To get started, users need to upgrade to the latest version of Airtel TV app.

Bharti Airtel has rolled out ‘Airtel TV Free Hit’, an in-app quiz based game on mobile app Airtel TV. Users have to answer a set of questions related to the ong
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The UIDAI portal lets users find information on Aadhaar card enrolment centres through an online search

Do you need to visit an 'Aadhaar Kendra' (Aadhaar Centre) An Aadhaar centre can be visited for a number of tasks. These Aadhaar card-related tasks can range from enrolment to tracking the status of
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Mumbai: Country's largest online marketplace Flipkart has bought back $350 million worth of shares from its investors as it seeks to convert its Singapore-incorporated company to a private limited firm, in a move that could ease the way in for a new strategic investor. US retail giant Walmart Inc is in advanced talks with Flipkart
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BSNL termed the free Amazon Prime Subscription offer as "the best part" of the new broadband plan

BSNL or Bharat Sanchar Nigam Limited has announced a new broadband plan. Among other benefits, BSNL is offering free subscription of Amazon Prime under the new broadband plan. This was revealed by BSNL Chennai, a regional arm of BSNL, on
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Prices of prepaid recharge plans of Airtel, Reliance Jio and Vodafone, vary.

Bharti Airtel offers many prepaid recharge plans ranging from 1 hour-validity to that of a year. However, some prepaid recharge plans are among its best-selling
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Authors: Jordan

The amount for which a single money order may be issued must not exceed Rs 5,000.

Post offices enable customers to send money orders. A money order is an order issued by the post office for the payment of a sum of money to the person in
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Authors: Jordan

SBI's Global Ed-Vantage loan amount can be repaid up to maximum of 15 years.

State Bank of India (SBI) offers various kinds of education loans. SBI offers an early approval facility for its Global Ed-Vantage scheme. This was said by the country's largest bank on microblogging website, Twitter. SBI's Global Ed-Vantage loan is an
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Mumbai: E-commerce firm Flipkart's board has approved a deal to sell an equity stake of about 75 per cent in the company to a group led by Walmart Inc for about $15 billion, Bloomberg reported on Friday, citing unnamed sources.

SoftBank will sell its 20-plus per cent stake as part of the deal, Bloomberg said, adding Google's parent

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The stations are decorated with paintings, murals, sculptures of tigers, local jungles and other wildlife

Mumbai: Decorated with paintings, murals and sculptures of tigers, local jungles and other wildlife, Chandrapur and Ballarshah stations in the Nagpur Division of Central Railway have been adjudged "Most Beautiful Station" on India
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GST Council deliberated over the imposition of cess on sugar over and above 5% GST

The GST Council on Friday, in its 27th meet, approved the principles for filing of new return design based on the recommendations of the GoM (group of ministers) on IT simplification. The GST return filing will now
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Partial withdrawals are allowed from PPF accounts even during the extended period.

PPF or public provident fund account is one of the most popular small savings scheme. PPF account holders can invest up to Rs 1.5 lakh in a financial year while the minimum deposit required is Rs 500. Deposits can be made in lump-sum or in 12
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IndiGo, country's largest airline, has come up with an offer of 20 per cent discount on food and beverages for passengers if they pay using their Mastercard credit cards. IndiGo's discount offer is valid on purchases made on-board only.
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Download Umang app from Google Play, App Store and Windows Store to know your provident fund (PF) claim.

Umang app, the mega app that lets citizens access all government services, lets people check their Employees Provident Fund (EPF) cla
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Authors: Jordan

The service sector plays a crucial role in India's economy.

Activity in India's dominant service sector accelerated in April thanks to a pick-up in new business that encouraged firms to hire at the fastest pace in seven years, a private
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Authors: Jordan

State Bank of India (SBI), the largest lender of the country, offers many types of credit cards.

Credit cards are a convenient way to pay for things, but convenience can come at a cost. People often spend more when they use a credit card than they would if they were using cash. Thus it is important to ask yourself questions like: is
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Currently, trading on the equity derivatives segment takes place from from 9.15 a.m. till 3.30 p.m.

Mumbai: The Securities and Exchange Board of India (SEBI) on Friday said that it has permitted stock exchanges to extend trading hours for the equity derivatives segment from October 1, 2018.

According to a SEBI cicular issued on

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Bank FDs: Senior citizens are entitled to higher income deductions on interest income from this fiscal.

For investors looking for a guaranteed or regular income, bank fixed deposits or bank FDs remain very popular investment options. Many banks offer the options of opening fixed deposits online. Maturity period of up to 10 years are
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The move will help improve India's ranking in the ease of doing business index.

New Delhi: An executive order aimed at amending a law to allow speedy disposal of commercial disputes came into force today. The government says the move will help improve India's ranking in the ease of doing business index. According to the executive o
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The Sensex and Nifty dropped on Friday tracking weak global equity markets. IT and pharma stocks pulled down the indexes. "Domestically, there is a scenario that markets have been overvalued, as well as political developments ahead of
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The zero minimum balance requirement of SBI's Insta Savings Account is a limited period offer, SBI said.

State Bank of India (SBI) is offering the facility of opening an account which does not require any minimum balance til August 2018.
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Pension fund regulator PFRDA on Thursday said the National Pension System (NPS) subscribers will now have the option to partially withdraw funds from their accounts for pursuing higher education or setting up new business. The decision
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