Business

MUMBAI: Extending its rising streak for the second day, the rupee appreciated 24 paise against the US dollar to 69.58 in early trade on Tuesday amid weakness in the greenback against other currencies overseas.

The American currency witnessed selling by exporters and banks

Most Asian currencies started the week on a high note after news of impending lower-level trade talks between the United States and China returned risk appetite to regional markets. China's yuan and the rupee led gains against a broadly weaker dollar. The greenback was flat on

Southern Railway, one of the divisions of Indian railways, informed about the list of trains which are terminated, rescheduled or cancelled today due to heavy rains in Kerala on microblogging website Twitter. Due to heavy rains, land slips, flash floods and closure of section between

The domestic equity benchmarks traded on negative-to-flat notes after hitting fresh highs on Tuesday. The S-P BSE Sensex and the NSE Nifty50 hit fresh record highs of 38,402.96 and 11,581.75 in intra-day trade. At 10:34 am, the 30-share Sensex traded at 38,311.78, up

ATHENS: Greece has successfully exited its final, three-year bailout programme, agreed in August 2015 to help it cope with the continued fallout from a debt crisis, the euro zone's ESM rescue fund said on Monday.

"Today we can safely conclude the ESM programme with no more

Oil Marketing Companies (OMCs) hiked the prices of petrol and diesel in four metro cities on Sunday. Petrol can be purchased at a price of Rs. 77.40 per litre in Delhi, Rs. 84.82 per litre in Mumbai, Rs. 80.34 per litre in Kolkata and Rs. 80.40 per litre in Chennai. Petrol prices were

Chennai: Even as different estimates of losses suffered by Kerala in the monsoon floods are doing the rounds, general insurance experts on Monday said that there will certainly be an increase in the premium charged by reinsurers for covering

AirAsia India is offering flight tickets between Bengaluru and Trivandrum amid the devastating Kerala floods. Customers can book flights from today till August 26. The travel period to avail AirAsia's flight tickets between Bengaluru and Trivandrum is

Walmart Inc on Saturday announced that it has completed the $16-billion deal with Flipkart to become the largest shareholder in the Indian e-commerce firm. In a statement, Walmart also announced an investment of $2 billion to help accelerate the growth

Have you filed your ITR or income tax return this year The last date for filing of income tax return for assessment year 2018-19 (financial year 2017-18) is August 31, 2018. Can you file your income tax return after the August 31 deadline Yes, but doing so will attract a penalty amount ranging from Rs 5,000 to Rs 10,000 depending upon the degree

MUMBAI: The rupee on Monday recovered from its all-time low by rising 38 paise to 69.77 against the US dollar in early trade at the Interbank Foreign Exchange market on fresh selling of the greenback by exporters and banks ahead of US-China trade talks this week.

B

Fixed deposits (FDs) are secure financial instruments, which offer guaranteed returns. FD interest rates vary according to the tenure of the fixed deposit and across banks. In a fixed deposit account, money is deposited for a specific time, which

The rupee on Monday gained 33 paise from its life-time closing low of 79.15 to close at 69.82 against the US dollar. The rupee traded in the range of 69.86-69.60 against the greenback, before finishing the session 33 paise higher. The gains for the rupee came amid

The domestic stock market traded on firm footing as both the key equity benchmarks hit fresh highs on Monday. After opening above the crucial 11,500 mark for the first time ever, the Nifty hit a record high of 11,545.30. The S-P BSE Sensex also reached a fresh

Indian Railways operated Southern Railway has mentioned a list of trains, on it's twitter handle, which are terminated, rescheduled, cancelled or partially cancelled today i.e. on August 18 on account of Kerala floods. Due to heavy rains, land slips, flash floods and closure

Domestic gold prices declined on Monday while silver prices gained moderately. In the international markets, however, gold prices recovered from the 19-month low levels hit last week. "Although it has been a tough time for countries due to trade war related

Telecom operators are offering a number of prepaid recharge plans for their subscribers. Mukesh Ambani-owned Reliance Jio offers 1.5 GB data per day to 5 GB data per day, under it various prepaid recharge plans. Vodafone India and Bharti Airtel also offer

Kolkata: The rupee, which has taken a severe battering of late, is expected to stabilise at 68-69 per US dollar level riding on positive capital inflows this month, Economic Affairs Secretary Subhash Chandra Garg today said. The rupee is already Asia's worst performing

Fixed deposits or FDs offer assured rates of return. FD interest rates are fixed over a specific period of time. Thus, even in times of market volatility, FD investors can be sure of earning fixed returns on their investment. FDs are also popular among customers because of the ease with which they can be created. Most banks these days allow the

Budget carrier IndiGo has come up with an offer for senior citizens and is offering a six per cent discount on booking of domestic flight tickets. The discount would be applicable on base fare, said the country's largest airline on its website -- goindigo.in.

Airlines have come up with various discount offers on domestic and international flight tickets and also on seat selections. AirAsia India is offering up to 45 per cent discount on domestic flight tickets under its special Independence Day sale. It is also offering up to 45 per cent discount on international flight tickets. State-run carrier Air

Stock markets scaled fresh record closing highs on Monday. BSE benchmark index Sensex gained 330 points to close at a record 38,278, and the NSE Nifty settled 81 points higher at 11,551. Advances in metal, infrastructure and auto stocks pushed the markets higher while gains in other Asian markets also supported the sentiment. Top gainers on the

State Bank of India (SBI) offers Flexi Deposit Scheme for customers. This product is similar to recurring deposit (RD) but instead of a single fixed instalment every month, user can decide to vary his/her instalment amount and even the number of monthly within the annual sum defined,

Budget passenger carrier IndiGo has announced operation of additional flights on account of Cochin airport remaining closed in view of the unprecedented floods in Kerala, a press release issued by the carrier said. IndiGo's additional flights will be

Private equity firm TPG Capital is considering investing in Jet Airways Ltd but is not close to finalising a deal, two sources with knowledge of the matter said, a plan that could raise money for the beleaguered airline.

The investment could be more than $100 million but discussions are at an early stage and the size of the stake and the investment

Mumbai: Fears over a rise in global protectionist measures, along with rupee movement and direction of foreign funds, are likely to chart the course of major domestic equity indices during the week starting on August 20. "Global risk will

The launch of India Post Payments Bank (IPPB) is being rescheduled in the wake of the seven-day national mourning to pay homage to former Prime Minister Atal Bihari Vajpayee, said media reports. Prime Minister Narendra Modi was supposed to launch IPPB on August 21.

Ride-hailing company Ola began operating in south Wales on Monday ahead of a planned expansion across Britain by the end of the year, intensifying its battle with US rival Uber.

Britain is Ola's second venture into a foreign market after it started

Jet Airways will be operating additional domestic flights to Thiruvananthapuram from Mumbai, Bangalore, Dubai and Dammam from August 19 for the convenience of its guests, said the country's second largest airline in a statement. Operations at Cochin International Airport have been

Indian Railways offers the facility of preponing and postponing the date of a journey of a ticket booked at a station counter, as mentioned on railway portal- indianrailways.gov.in. The date of journey on confirmed/RAC (Reservation Against Cancellation)/waitlisted tickets can be