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Business
The survey also revealed that 65 per cent Indians don't take risk to get great hotel deals.
Mumbai: Almost 42 per cent Indians spend an average six to 10 hours researching online for deals on hotels, airlines or combo offers before booking a week-long holiday, according to a survey. Around 23 per cent spend 11-30 hours and 20 per cent spend more
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Read more: 42% Indians Spend 6-10 Hours On Online Research For Holiday Booking Deals
Write comment (94 Comments)The rupee made a spirited recovery from a two-week low to end higher by 20 paise at 68.68 against the US currency on fresh bouts of dollar selling by exporters and banks. Forex market largely withstood the initial discomfort and a broad based dollar weakness predominantly helped the rupee to reverse its bearish undertone.
Increased greenback sales
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Read more: Rupee Recovers From 2-Week Low To Close At 68.68 Per Dollar
Write comment (97 Comments)However, there is a difference between an SBI fixed deposit and reinvestment plan.
State Bank of India or SBI, the largest lender of the country, offers a variety of products ranging from savings and fixed deposit accounts to tax-saving and gold monetisation schemes. One of these products offered by SBI is the SBI Reinvestment Plan, which works
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Read more: This SBI Fixed Deposit Variant Pays Interest At Maturity Only
Write comment (94 Comments)State Bank of India (SBI) has advised its customers to use unique numbers as ATM PIN
In case your personal banking details have been compromised with because of a fraudulent SMS, please report it to the bank immediately. That was the message State Bank of India (SBI) shared on microblogging site Twitter, cautioning the public against circulation of
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Read more: SBI Shares Tips On How To Deal With Fraudulent SMS Seeking Bank Details
Write comment (99 Comments)Twenty four banks collected close to Rs 5,000 crore as penalties in 2017-18 from customers for non-maintenance of Average Monthly Balance (AMB) balance in their accounts, reported news agency Press Trust of India (PTI) on Sunday. Average Monthly Balance (AMB) is the minimum average of deposits required by the bank customers in their savings
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Read more: This Is How Much Top Banks Collected As Penalty For Insufficient Balance
Write comment (90 Comments)Mahindra - Mahindra's revenue from operations grew over 9% to Rs 13,520 crore in Q1
Mahindra - Mahindra reported a better-than-expected 63 per cent surge in first-quarter profit on Tuesday, underpinned by robust sales.
Standalone profit after tax, which does not include share of profit from its unit Mahindra Vehicle Manufacturers, stood at
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Read more: Mahindra Mahindra April-June Profit Jumps 63%, Beats Street Estimates
Write comment (97 Comments)Last month, the Sunil Mittal-led Airtel had revised majority of its postpaid plans.
Bharti Airtel has revised its postpaid plan priced at Rs 399 to offer additional data. Airtel is offering additional 20 GB data for a year, according to the telecom operator's official website, airtel.in. The Rs 399 postpaid plan by Airtel also offers free local,
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Read more: Airtel Revises Rs 399 Postpaid Plan. Details Here
Write comment (98 Comments)Reliance Jio recharge: Prepaid subscribers can choose from nine options to get the full talktime benefit
Reliance Jio currently offers 12 top up recharge packs. Priced between Rs 10 and Rs 5,000, these top up recharge vouchers come with unlimited validity period, according to the telecom company's website - jio.com. That means the "talktime" or ta
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Read more: Benefits Jio Prepaid Subscribers Get In 12 Top-Up Plans
Write comment (98 Comments)IRCTC Auto Upgradation Scheme: Upgradation of passengers are done in one class above.
IRCTC (Indian Railway Catering and Tourism Corporation) offers the option of auto 'class upgradation' on online ticket booking. Under this offering, Indian Railways upgrades full fare paying 'waiting list passengers' to the next higher class against the available
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Read more: IRCTC Ticket Booking: 10 Things To Know About Auto Upgradation Scheme
Write comment (94 Comments)AirAsia flight ticket price: AirAsia is offering domestic flight tickets starting from Rs. 1,499.
Air carriers are offering discounts on both domestic and international flight offers. Jet Airways, country's second largest airline, has announced up to 30 per cent discount on international flight tickets. It is also offering 10 per cent discount on
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Read more: Jet Airways Vs AirAsia: Latest Offers On Flight Tickets Compared
Write comment (94 Comments)Bank FDs guarantee a fixed interest rate irrespective of market uncertainties, say financial experts
Many banks have recently revised interest rates paid by them on retail fixed deposits. While HDFC Bank is the latest major lender to make changes to its FD interest rates in select maturities, Punjab National Bank (PNB) and Canara Bank announced new
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Read more: Interest You Can Earn On 5-Year Fixed Deposit From Top Banks
Write comment (98 Comments)Punjab National Bank (PNB) reported its second consecutive quarter of loss as the country's second-biggest state-run lender set aside more funds for a massive fraud it disclosed earlier this year.
Net loss was Rs 940 crore ($136.72 million) for the three months to June 30, compared with a profit of Rs 343 crore a year earlier, the bank said in a
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Read more: Punjab National Bank Posts Second Quarterly Loss In A Row, Shares Fall
Write comment (92 Comments)Ikea Store Hyderabad: The restaurant will be open from 9:30 am to 10:30 pm every day.
Only a day is left for the much-awaited launch of Ikea, the Swedish furniture retailer in India. Ikea's lndia debut has been much delayed because of local sourcing norms. The company, which has flagged import duties in
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Read more: Ikea To Launch Tomorrow In India: Products, Prices, Details
Write comment (95 Comments)Gold, silver prices today: The precious metal had gained Rs 150 in the previous three days.
Gold prices ruled flat at Rs 30,585 per 10 gram in limited deals at the bullion market today, reported Press Trust of India (PTI). Gold remained steady today despite a better trend overseas. However, silver prices fell by Rs 200 to Rs 39,000 per kg at the
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Read more: Gold Prices Remain Flat, Silver Slips Today. Key Things To Know
Write comment (93 Comments)Huawei has built up its business in more price-conscious markets.
Ren Zhengfei, the founder of Chinese telecoms behemoth Huawei, likens the company to a ruthless "wolf" tirelessly running down its prey, an ethos that could soon make it the apex predator of the smartphone world.
Despite being essentially barred from the critical US market, Huawei
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Read more: Chinese Tech 'Wolf' Huawei Stalks Apple And Samsung
Write comment (90 Comments)IKEA is also partnering with UrbanClap.
HYDERABAD: IKEA will do things differently in India after it opens its first store in the nation on Thursday, as it deals with higher taxes on imported goods and looks to woo cost-conscious shoppers unaccustomed to the company's DIY furniture assembly style.
The Swedish furniture retailer is pushing into new
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Read more: From Cutlery To Hangers, Ikea's First Local Store To Offer 1,000 Products
Write comment (93 Comments)CreditAccess Grameen's IPO or initial public offer opened for subscription on Wednesday. At 10:30 am, bids received were 67,935 against a total issue size of 1,88,29,684. The public offer of Bengaluru-based microfinance institution - CreditAccess Grameen - is a mix of fresh issue and an offer for sale of a total of 2,69,48,255 shares. That
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Read more: Rs. 1,100-Crore CreditAccess Grameen IPO Opens: Should You Subscribe
Write comment (96 Comments)The travel period to avail AirAsia's offer on flight tickets is till January 31, 2019.
AirAsia is offering flight tickets for Asia and Australia from Rs 3,999. AirAsia's offer on flight tickets is valid till August 12. Passengers can fly to Australia and countries in Asia from domestic cities like New Delhi, Bhubaneswar, Jaipur, Amritsar, Chennai a
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Read more: AirAsia Offers International Flight Tickets From Rs 3,999
Write comment (94 Comments)IMF forecasts Indian economy to grow at 7.3% in the current fiscal year.
NEW DELHI: The Reserve Bank of India (RBI) will need to gradually tighten monetary policy further due to rising inflation, driven mainly by higher oil prices and a falling rupee, the International Monetary Fund said on Wednesday. The central bank raised the repo rate for the
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Read more: RBI Will Have To Tighten Monetary Policy To Control Inflation, Says IMF
Write comment (100 Comments)Pre-wedding financial planning: It is significant to discuss about finances before getting married.
Getting married soon Well, you should start preparing yourself to tackle the new financial situation. Marriage not only means sharing of goals, desires and ambitions but also partaking assets and financial liabilities. From personal finance needs to
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Read more: Here are 5 Key Financial Moves To Make Before Getting Married
Write comment (98 Comments)Ola's UK launch comes months after it expanded operations in Australia.
NEW DELHI: Ride-hailing firm Ola said on Tuesday it plans to launch services in Britain this year, months after expanding operations in Australia, intensifying its rivalry with US peer Uber Technologies Inc. Ola has obtained licences to begin operations in South Wales in
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Read more: Ride-hailing Firm Ola To Launch In The UK
Write comment (100 Comments)Streamlining exemptions would further reduce compliance and administrative costs, the IMF recommended.
WASHINGTON: The IMF today described the Goods and Services Tax (GST) as a "milestone reform" in India's tax policy, but pushed for a simplified structure, saying the multiple rate structure and other features could give rise to high compliance and
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Read more: "Milestone" GST Reform Should Be Further Simplifed, Says IMF
Write comment (99 Comments)There have been concerns over the proposed 'bail-in' clause to resolve a failing bank.
NEW DELHI: Nearly a year after introducing it in the Lok Sabha, the government on Tuesday withdrew the Financial Resolution and Deposit Insurance (FRDI) Bill following widespread concerns over certain provisions in the proposed legislation. There have been
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Read more: Financial Resolution Bill Withdrawn From Lok Sabha
Write comment (97 Comments)Jet Airways' new offer on domestic flight tickets is applicable on return journey only.
Jet Airways is offering 10 per cent discount on domestic flight tickets under it's 'Freedom Sale' offer. The offer is applicable on base fare in premiere and economy class flight tickets on airline's domestic network, said the carrier on it's official website-
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Read more: Jet Airways Offers Discount On Domestic Flight Tickets. 5 Things To Know
Write comment (92 Comments)Tesla shares closed up 11 per cent at $379.57, slightly below their all-time high.
SAN FRANCISCO: Chief Executive Elon Musk said on Tuesday he is considering taking Tesla Inc private in what would be the largest deal of its type, moving the electric car maker out of the glare of Wall Street as it goes through a period of rapid growth under tight
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Read more: Elon Musk Considering Taking Tesla Private In $72 Billion Deal
Write comment (99 Comments)Sensex, Nifty today: Market heavyweight Reliance Industries Ltd fell as much 1.3%.
Domestic stock markets closed on a flat note on Tuesday as gains in material stocks were offset by losses in energy and industrials. The S-P BSE Sensex dropped 26.09 points, or 0.07 per cent, to close at 37,665.80, thus retreating from record highs hit earlier in
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Read more: Markets End Flat After Two Days Of Gains
Write comment (90 Comments)Stock Market on Tuesday: Twenty-two out of 50 Nifty stocks declined in trade.
The domestic equity benchmarks halted their marathon run after hitting fresh highs in early trade on Tuesday. At 11:33 am, the S-P BSE Sensex traded at 37,642.45, down 49.44 points or 0.13 per cent while the Nifty50 lost the
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Read more: Sensex Gives Up Gains, Nifty Loses 11,400 Level: 10 Points
Write comment (90 Comments)Stock Market on Wednesday: Experts said that after a record spree, markets were likely to cool off.
After a flat opening, the domestic equity market turned negative on Wednesday and started trading in a range. The Sensex opened at 37,756.24 and the Nifty50 at 11,412.50. But soon after, Nifty lost the crucial 11,400 mark and traded at 11,390.15, up
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Read more: Markets Trade In A Range: Sensex Flat, Nifty Loses 11,400
Write comment (98 Comments)The government has increased duty on fabric-related commodities for the second time in a month.
NEW DELHI: Import tax on some textile products has been doubled to 20 per cent, the government said in a statement on Tuesday, increasing duty on fabric-related commodities for the second time in a month.
The move is expected to provide relief to the
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Read more: Import Tax On Some Textile Products Doubled To 20%
Write comment (93 Comments)These petrol and diesel prices came into effect from 6 am on Tuesday.
Fuel retailers raised petrol and diesel rates for the sixth straight day on Tuesday across metros. In Kolkata, Mumbai and Chennai, petrol costs Rs 80 or more while it is the cheapest in national capital New Delhi among the four metro cities of the country. Diesel prices too are
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Read more: Petrol Costs Rs 80 Or More In Three Metros; Cheapest In Delhi
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