Business

State-run Indian Oil Corporation (IndianOil) on Saturday posted a consolidated net profit of Rs 7,175.59 crore, up 51 per cent year-on-year, for the quarter ended June 30, 2018.

The consolidated net profit for the corresponding quarter of the previous fiscal stood at Rs 4,736.15 crore, the company said in a BSE filing.

The country's largest oil

State Bank of India (SBI) offers various deposit schemes under its personal banking portfolio. SBI's Tax Savings Scheme, 2006 offers tax benefits for up to Rs. 1.5 lakh under Section 80C of Income Tax Act, as mentioned on country's largest lender's

The State Bank of India (SBI) reported a bigger-than-expected quarterly loss on Friday, as country's biggest lender by assets made higher provisions for treasury losses although its improved bad loan ratio sent its shares higher. SBI's third consecutive quarterly net loss came in at Rs

Fixed deposits (FDs) are secure financial instruments, which offer guaranteed returns. In a fixed deposit account, money is deposited for a specific time, which varies from seven days to 10 years. Fixed deposits offer much higher interest rates

Air India is offering attractive discount on flight tickets across airline's network on the occasion of Independence Day, said the carrier on it's official Twitter handle- @airindian. Air India's all-new offer is available only for online bookings done at carrier's booking website- airindia.in.

Government has asked states to accept digital version of Driving Licence (DL), vehicle registration certificate and other documents presented via DigiLocker or or mParivahan platforms. According to tweets posted by the official handle of DigiLocker-

On the occasion of India's 72nd Independence Day, airlines have come up with discount offers on domestic and international flight tickets. Jet Airways has announced up to 30 per cent discount on international flight tickets and 10 per cent discount on domestic

Oil Marketing Companies (OMCs) hiked the prices of petrol and diesel on Saturday across four metros of the country for second straight day. According to the rate chart of IOC (Indian Oil Corporation), petrol is being sold today at Rs 77.23 per litre in Delhi

State Bank of India (SBI) on Friday reported a standalone net loss of Rs 4,876 crore for the April-June period. That marked the third quarter of net loss for SBI. The loss was much larger than analysts' estimates of Rs 171 crore, according to Thomson Reuters. The country's largest bank had registered a net profit of Rs 2,006 crore for the cor

Mumbai:  Jet Airways Ltd sought to reassure investors on Saturday, saying it is meeting its payment obligations to lenders and other dues, such as staff commitments. India's biggest-full service airline issued the statement a day after its shares fell to

IRCTC (Indian Railway Catering and Tourism Corporation) offers an online facility for booking Tatkal tickets. A Tatkal ticket is meant for passengers without a reserved accommodation and looking to travel at a short notice. A Tatkal ticket booking is

Bharti Airtel offers a host of postpaid plans for its subscribers. Customers have a wide range to choose when it comes to prepaid plans but in recent times, operators have also come up with a number of postpaid plans. Airtel offers plans in a range of Rs. 399 to

Gold prices rebounded by Rs 180 to Rs 30,700 per 10 grams at the bullion market on Saturday on emergence of brisk buying by local jewellers even as the metal weakened overseas, reported news agency Press Trust of India (PTI). Silver also recaptured the Rs

Big Bazaar has announced a limited-period sale to offer discounts across products. Called Big Bazaar 'Mahabachat', the five-day sale will open on Saturday, August 11, the retailer said in a statement. Hypermarket retail chain Big Bazaar, operated by Future Group's flagship company Future Retail, has presence in over 100 cities across the country.

Budget passenger carrier IndiGo has announced the launch of 24 new flights and 4 new routes on it's network, a press release issued by the company said. The country's largest low-cost carrier will now operate its first flight between Ahmedabad and Bhubaneshwar, Ahmedabad and Varanasi,

To ensure that nobody is left out there will be no cap on family size in 'Ayushman Bharat' scheme.

New Delhi/Bengaluru: Jet Airways shares hit a three-year low on Friday after it deferred its earnings, prompting analysts to say it urgently needed to recapitalise and restructure. The airline was due to report quarterly earnings on Thursday but instead

Jet Airways India Ltd. was once at the forefront of India’s rapidly growing market for air travel, but a challenge from budget carriers and surging fuel prices are backing the airline into a corner.

Shares of the carrier, part-owned by Etihad Airways PJSC, plunged as much as 15 percent Friday in

Washington: Microsoft's Indian-origin CEO Satya Nadella has netted over $35 million after selling almost one-third of his common shares in the software giant. Nadella sold 328,000 shares in multiple trades at prices ranging from $109.08 to $109.68 as the stock

Industrial production growth picked up to 7 per cent in June, government data showed on Friday. The cumulative growth for the fiscal first quarter of 2018-19 stood at 5.2 per cent, the Ministry of Statistics said in a statement. Economists surveyed by news agency Reuters had forecast a 5.4 per cent growth in industrial production compared with a

Bengaluru: India's battered rupee will trade in a tight range in the coming year but not far from its historic low, hampered by higher oil prices and as trade tensions hurt emerging markets, a Reuters poll found. The Indian currency has lost

On the occasion of India's 72nd Independence Day, BSNL or Bharat Sanchar Nigam Limited has come up with new prepaid recharge offers for its subscribers, said the state-run telecom operator on microblogging website - Twitter. BSNL's new offer, called 'Freedom Pack', is a limited period offer, it further

Gold prices eased further by Rs 40 to Rs 30,520 per 10 grams on Friday amid weakening global trend and a sluggish demand from local jewellers at the bullion market, reported news agency Press Trust of India (PTI). Silver also slipped by Rs 75 to Rs 38,895 per kg due to

New Delhi: GoAir is set to launch its international operations in October, making it the fifth Indian carrier to fly overseas, the Centre said. At present, the Air India group, IndiGo, Jet Airways and SpiceJet fly abroad. The Air India group comprises Air India and its low-cost subsidiary Air

E-commerce giant Flipkart is offering discount on various items under it's limited-period 'The Big Freedom Sale' scheme. Flipkart's offer is available on smartphones, latest gadgets, smart TVs, sleek home appliances, laptops, fashion items, among others, according to e-retailer's official website-

GoAir has extended its 'Go Gr8 Festival Sale' offer till August 15, 2018, said the carrier on micro-blogging website, Twitter. Under the offer, GoAir is offering domestic flight tickets at a starting all-inclusive price of Rs. 1,099 on up to 1 million seats.

Shares of full-service carrier Jet Airways Ltd fell as much as 14.5 per cent in early trade on Friday after the company deferred its first-quarter results, reported news agency Reuters. At 11:10 am, shares in the company, valued at about $500 million were

 The central government launched the 'Sukanya Samriddhi Account' programme in January 2015 with an objective to promote the welfare of girl child. According to india.gov.in, 'Sukanya Samriddhi Yojna' is a small deposit scheme for girl child. Recently, the min

Domestic stock markets closed Friday's session on a negative note. The S-P BSE Sensex plunged 155.14 points, or 0.41 per cent, to end at 37,869.23, as investors booked profits amid lacklustre global cues. The NSE's Nifty50 index skidded 41.20 points or 0.36 per cent to s

The Indian rupee tanked by 17 paise to trade at 68.85 per US dollar in early trade on Friday, reported news agency Press Trust of India (PTI). The Indian currency slipped today due to appreciation of the American currency overseas.  According to forex