Business

Oil Marketing Companies (OMCs) hiked the prices of petrol and diesel in four metro cities on Friday. Petrol can be purchased at a price of Rs. 77.67 per litre in Delhi, Rs. 85.09 per litre in Mumbai, Rs. 80.61 per litre in Kolkata and Rs. 80.69 per litre in Chennai. Petrol and diesel prices were kept

Budget passenger carrier IndiGo is offering up to 15 per cent discount on domestic and international flight tickets, said the carrier on its official Twitter handle- @IndiGo6E. In order to avail the offer, customer can do the booking till August 30, 2018. The travel

Fixed deposits are investment instruments offered by banks and companies, where you can deposit money for a higher interest rate than savings accounts. You can deposit a lump sum of money in fixed deposits for a specific period, ranging from seven days to 10 years. Once you deposit

The rupee recovered by 20 paise against the US dollar to close at 69.91 on Friday. With that, the rupee concluded the week with a total gain of 24 paise. Weakness in the dollar, set for its biggest weekly decline since March, came ahead of a speech by Federal Reserve Chairman Jerome Powell on Friday at the Jackson Hole, Wyoming, conference of c

The Indian rupee lowered by 13 paise to 70.24 against the US dollar in early trade today, reported news agency Press Trust of India (PTI). The weakening of rupee is due to the increased demand for the American currency from importers and banks, said PTI. According to forex dealers, a firm dollar in overseas markets, ahead of Federal Reserve

Domestic stock markets on Thursday closed on record highs after touching all-time highs in the intraday trade. S-P BSE Sensex closed at 38,336.76, 0.13 per cent or 51.01 points higher while broader NSE Nifty settled at 11,582.75, 0.10 per cent or 11.85 points after it crossed the 11,600-mark earlie

New Delhi: The Centre has approved construction of nearly 1.12 lakh more affordable houses for urban poor in eight states under the Pradhan Mantri Awas Yojana, with Andhra Pradesh bagging the largest share of over 37,000 housing units, an

The domestic stock markets swung between gains and losses after opening lower on Friday. The S-P BSE Sensex started the session at 38,284.41 and the Nifty50 opened below the 11,560 level. However, volatility kicked in leading to a deeper fall

Mahanagar Gas (MGL) shares fell as much as 8 per cent on Thursday amid heavy volumes. The decline in the stock came after reports suggested BG Asia Pacific Holding, the foreign promoter of the company, is likely to pare its stake in the company through a block

The government mandates that individuals who earn a specified amount of annual income must file income tax return (ITR) within a pre-determined due date. For the assessment year 2018-19 (financial year 2017-18), August 31, 2018 is the deadline for individuals to file income tax

Customers have a wide range to choose when it comes to prepaid packs but now, telecom operators have also come up with a host of postpaid plans. Telecom companies are coming up with new offers on both, postpaid and prepaid services almost on a

London/Riyadh: Saudi Arabia has called off both the domestic and international stock listing of state oil giant Aramco, billed as the biggest such deal in history, four senior industry sources said on Wednesday. The financial advisors working

Gold prices firmed up by Rs 30 to Rs 30,650 per 10 gram at the bullion market on Friday on the back of firm overseas cues amid buying by local jewellers, reported news agency Press Trust of India. Silver also staged a recovery and traded higher by Rs 50 to Rs 37,850 per kg due to

The rupee gave up recent gains against the US dollar to close at 70.11 on Thursday. That marked the rupee's return to below 70 levels against the greenback after a gap of two sessions. Renewed weakness in the rupee came as dollar surged against a group of

Mukesh Ambani-led Reliance Industries surpassed the market capitalization of Rs 8 lakh crore in intra-day trade on Thursday. At 2:17 pm, one share of RIL traded at Rs 1270.95, with a gain of Rs 24.45 or 1.96 per cent. At this level, the company's market cap was Rs 8,05,990.62 crore, data from the Bombay Stock Exchange (BSE) showed. Reliance

GoAir has launched special daily flights between Mumbai and Trivandrum in view of the unprecedented floods in Kerala, said the carrier on its official website- goair.in. GoAir's new flight services will be available till September 1, 2018. "To express solidarity and support

The Income Tax Department has prescribed eight different forms for assessees to file and verify their income tax return. According to income tax laws, different classes of taxpayers can file their income tax return (ITR) using these forms. For

Infrastructure major Larsen - Toubro on Thursday said its board approved a share buyback worth Rs 9,000 crore. The board of directors, in a meeting held on Thursday, approved a proposal to buy back up to six crore shares, amounting to 4.29 per cent of the total paid-up equity share capital, at a maximum price of Rs 1,500, L-T said in a

New Delhi: In a partial relief to Cyrus Mistry, the National Company Law Appellate Tribunal (NCLAT) on Friday stated that Tata Sons cannot force him to sell his shares. However, the two-judge bench headed by Justice S.J. Mukhopadhyaya, declined Mistry's

Global credit ratings, research, and risk analysis firm Moody's Investors Service expects the Indian economy to grow by around 7.5 per cent in 2018 and 2019. However, the company expects the country's economy to grow at a higher rate of 7.7 per cent

Reliance Communications Ltd said on Thursday it completed the sale of its media convergence nodes (MCNs) and related infrastructure assets worth Rs 2,000 crore ($285.4 million) to Reliance Jio Infocomm.

The company said 248 MCNs covering about 5 million sq.ft. of area used for hosting the telecom

Domestic stock markets concluded Friday's choppy trading session on a lower note, breaking their rising spree in the past four sessions. BSE benchmark index Sensex shed 84 points to close at 38,251, while the NSE Nifty settled 25 points lower at 11,557. Banking stocks dragged the markets lower while weakness in global markets affected trading

Shipments of West African crude to Asia are set to reach a record high in August, driven by a surge in demand from Indian refiners, who will take more oil from the region than at any time since mid-2015. According to a Reuters survey of shipping fixtures and traders, some 890,000

From Mercedes-Benz AG to Unilever, companies in India are finding power to pass on higher costs to consumers, a sign that demand in the world's fastest-growing major economy is well-entrenched.After the twin shocks of a cash ban in 2016 and the chaotic introduction of a consumption tax last year, India's economic recovery is gaining momentum.

Group economic advisor of the State Bank of India (SBI), Soumya Kanti Ghosh said that any sudden appreciation or depreciation of the rupee was not good as it adds volatility in the market. Speaking to reporters on the sidelines of an ICC seminar here today, Ghosh said that the rupee had experienced an orderly depreciation as it moved from Rs 64 to

August 31 is the last day to file income tax return or ITR. However, if you do not have a PAN card, you will not be able to file it. PAN or permanent account number is mandatory for filing of income tax return. It is mandatory to quote PAN during all correspondence with any income tax

NEW DELHI: Arun Jaitley will resume charge of the finance and corporate affairs ministry on Thursday after a gap of more than three months following a kidney transplant surgery, a government statement said.

Jaitely, 65, had stopped attending office in early April to

Vistara on Friday announced cancellation of select flights due to closure of the Cochin International Airport in Kochi, Kerala. The airline said that due to flooding, the airport will remain closed till at least Wednesday, August 29, 2018. Giving

Gold slipped by Rs 30 to Rs 30,620 per 10 gram at the bullion market on Thursday on easing demand from local jewellers amid weak trend overseas, reported Press Trust of India (PTI). Silver also slumped by Rs 300 to Rs 37,800 per kg on reduced offtake by industrial units and coin

MUMBAI: The rupee on Thursday fell 27 paise against the dollar to trade near 70.08 again amid strong demand for the US currency after the US Fed released minutes of its policy meet yesterday.

At the Interbank Foreign Exchange, the local currency opened at a