Business

David Wells said he's leaving Netflix to focus on philanthropy.

Netflix Chief Financial Officer David Wells will step down after eight years on the job, during which the streaming service grew into an entertainment giant that spends more on movies and TV shows than the biggest Hollywood studios. Wells, 47, will help choose a successor and stay on

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Mumbai: Gold imports rose for the first time in seven months in July after a fall in prices ahead of a jewellery exhibition prompted jewellers to replenish stocks, provisional data from metals consultancy GFMS showed.

The 44.2 per cent year-on-year jump in gold purchases to 75 tonnes last month by the world's second-biggest consumer could support

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AirAsia Independence Day sale on flight tickets can be used for travel from February 19 onwards.

AirAsia India is offering up to 45 per cent discount on domestic flight tickets under its special Independence Day sale. AirAsia flight tickets under the Independence Day sale are available for Bengaluru, Kolkata, Amritsar, New Delhi, Ranchi and

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Stock Market on Tuesday: Tata Steel surged after its June quarter net profit more than doubled.

The domestic equity market had a decent start on Tuesday. The S-P BSE Sensex opened at 37,749.59 and the Nifty50 at 11,381.70. At 9:32 am, the Sensex traded at 37,795.67, with a gain of 150.77 points or 0.40 per cent and the Nifty50 at 11,400.50, up

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Domestic stock markets started the week on a lower note, with the BSE Sensex closing 224 points down amid weakness in banking and financial services equities. The 30-scrip BSE benchmark index settled at 37,644 while the NSE Nifty ended 73 points lower at 11,355, ahead of release of consumer inflation data due later in the day. Gains in IT and

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The revision in interest rates have come after the RBI hiked the repo rate to 6.5%.

Recurring Deposit or RD is a kind of term deposit under which one needs to deposit a fixed amount at fixed interval, which generates interest income. Recurring deposit interest rates, once determined, do not change during the tenure. On maturity, the depositor is

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Users will be able to access Facebook, YouTube and WhatsApp apps on JioPhone devices from August 15

Reliance Jio is set to launch JioPhone 2, a new model of Reliance Jio's 4G-enabled feature phone JioPhone, on August 15. A day marked with Independence Day 2018, August 15 will bring some changes for Reliance Jio customers. From addition of new

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To invest in NPS, you will be required to open an NPS account .

NPS is a low-cost, tax-efficient, flexible and portable retirement savings account. Under the NPS, the individual contributes to his retirement account. His employer too can also co-contribute for the social security/welfare of the individual. NPS is designed on Defined contribution

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DGCA has already evaluated the financial health of the national carrier Air India recently.

Mumbai: Aviation regulator DGCA is set to conduct a financial audit of the Naresh Goyal-promoted Jet Airways, amid its fiscal conditions under pressure due to the surging jet fuel prices and low fares, a source said. The Directorate General of Civil Aviation

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July was the ninth straight month in which inflation was higher than the RBI's medium-term target

New Delhi: Retail inflation eased in July, strengthening views that the Reserve Bank of India (RBI) will keep interest rates on hold at its review in October after raising them for a second straight meeting on August 1. In July, consumer prices rose

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Gold, silver prices today: Globally, gold prices extended declines into a third session.

Gold prices lowered by Rs 40 to Rs 30,660 per 10 grams at the bullion market today, reported news agency Press Trust of India (PTI). Weak trend overseas amid easing demand from the local jewelers led to the fall in gold

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Under SBI's R-GDS, customers can deposit gold which will offer them interest earnings.

SBI (State Bank of India), country's largest lender, offers Revamped Gold Deposit Scheme (R-GDS), a fixed deposit scheme in gold. A fixed deposit is a financial instrument provided by banks, which provides investors a higher rate of interest than a regular

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Interest rate on SBI's multi option fixed deposit account is same as on fixed deposits.

State Bank of India (SBI) offers a type of fixed deposit scheme, called Multi Option Deposit Scheme (MODS), under its personal banking portfolio. This SBI scheme is a type of fixed deposit (FD) account linked to the savings or current account. Unlike in normal

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HDFC Bank collected the 2nd highest amount of charges for not maintaining minimum balance during 2017-18.

Top banks have collected as much as Rs 5,000 crore in fiscal 2017-18 as charges for non-maintenance of minimum balance requirements. According to banking data, as many as 21 public sector banks and three

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Airtel's cashback offer is valid till August 15, 2018.

Telecom operator Bharti Airtel is offering Rs 250 cashback on recharges and bill payments done via Airtel Payments bank, said the operator in a tweet posted on it's official handle- @airtelIndia. Airtel's all-new cashback scheme is a part of 'Independence week special' offer. Up to 300 users

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Infosys said the first phase of the project will be completed within 15 months after receiving clearances

Information technology company Infosys Ltd will open a software development centre in the West Bengal, with an investment of about Rs 100 crore, said a press release issued by the company. The first phase of construction on the 525,000-square

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Petrol and diesel prices were reduced on Monday by the Oil Marketing Companies (OMCs). Petrol is retailing at a price of Rs. 77.14 per litre in Delhi, Rs. 84.58 per litre in Mumbai, Rs. 80.10 per litre in Kolkata and Rs. 80.14 per litre in Chennai. Fuel rates were slashed today after OMCs kept the petrol prices unchanged and hiked diesel prices on

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Ramayana Yatra Tour Package: The tour will commence on August 31, 2018.

IRCTC (Indian Railway Catering and Tourism Corporation) Tourism is offering a tour package of 11 nights and 12 days to Chitrakoot, Shringverpur, Tulsi Manas Mandir, Darbhanga, Sitamarhi, Ayodhya, Panchavati and Rameshwaram. The name of the package is Ramayana Yatra. The price

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Food inflation in July stood at a provisional 1.37 per cent.

India's retail inflation rate eased to 4.17 percent in July after touching a five-month high of 5.0 percent in the previous month, government data showed on Monday, helped by smaller increases in food prices.

Analysts polled by Reuters had forecast July's annual increase in the consumer

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Under SBI's annuity FD account, the minimum amount of deposit is Rs 25,000.

State of India (SBI) offers various deposit scheme accounts under it's personal finance portfolio. SBI's deposit scheme ranges from fixed deposit (FD) scheme to recurring deposit (RD) scheme, from tax savings scheme to multi option deposit scheme, among others. The lender

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Apart from corporate earnings, traders will also keep an eye on macroeconomic data.

Key macro-economic data, trend in global markets, investment by foreign portfolio investors (FPIs) and domestic institutional investors (DIIs), Indian rupee movement against US dollar, crude oil prices movement and last leg of corporate earnings may set the trend of

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Consumer inflation was at 4.17 per cent in July, government data showed on Monday. Economists in a poll by news agency Reuters had estimated July consumer inflation at 4.51 per cent. At 4.17 per cent, consumer inflation remains above the Reserve Bank of India's medium-term target of 4 per cent for the ninth straight month. Determined by Consumer Pr

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Rupee Hits All Time Low: The rupee has lost over 7% this year.

It was a hard day for the rupee on Monday. The INR touched its life-time low of 69.62 against the US dollar (USD) as it tracked week emerging market currencies. However, the rupee retreated from its record lows after the central bank intervened

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The Railway Board has also directed other zonal railways to adopt the SWR dynamic fare fixing.

Indian Railways operated South Western Railway (SWR) has slashed fares of 5 express trains originating from Bengaluru, Gadag and Mysuru in Karnataka to encourage more passengers to travel in air-conditioned (AC) coaches or chair cars of trains, reported

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The rupee registered a sharp decline of 109 paise to close at 69.93 against the US dollar on Monday. That marked the Indian currency's all-time closing low against the greenback. Other emerging market currencies plunged as investors preferred safe-havens such as the US dollar and the yen after a plunge in the Turkish Lira. The rupee traded in the r

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Traders will watch out for the consumer inflation data due after market hours for further cues.

MUMBAI: The rupee on Monday touched an all-time low of 69.62 per dollar in early trade, tracking broader weakness in other emerging market currencies on concerns of a spill-over from a crisis-hit Turkey. The Reserve Bank of India was seen intervening to

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All cancellation charges are levied on per passenger basis, said IRCTC.

IRCTC (Indian Railway Catering and Tourism Corporation) offers the facility of online cancellation of confirmed ticket via it's official website- irctc.co.in or through it's mobile app. Once the cancellation process is initiated by the user, IRCTC forwards the claim to

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Smitha V Crishna owns one fifth of the Godrej Group alongside her brothers.

Godrej Group's Smitha V Crishna, with a fortune of Rs 37,570 crore, is the wealthiest woman in India, a list released by Kotak Wealth Management and Hurun report India said. Crishna  is followed by Roshni Nadar (net worth Rs 30,200 crore) of HCL, Indu Jain (net worth of Rs

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Stock Market on Monday: Eleven out of 12 stocks in the Nifty PSU Bank index traded with losses.

The domestic equity market started the week on Monday on a negative note on weak global cues. The S-P BSE Sensex opened at 37,693.19 and the Nifty50 at 11,474.95. In the first few minutes of the trade, the Sensex traded at 37,588.54, down 280.69

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Petrol, diesel prices: Petrol price had touched an all-time high of Rs 78.43 a litre on May 29.

Oil Marketing Companies (OMCs) kept the prices of petrol unchanged on Sunday across four metros of the country. However, prices of diesel are raised today by 6 paise per litre. According to daily price

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