Business

Virtual ID (VID) is an alternative to Aadhaar number to verify an individual's identity. UIDAI (Unique Identification Authority of India), the agency responsible for issuing Aadhaar card, earlier this year had announced the introduction of a 16-digit

IRCTC (Indian Railway Catering and Tourism Operation), e-ticketing website of Indian Railways, offers the facility of changing boarding station online. E-ticket commuters can also change the name of the passenger by approaching the nearest railway

Reliance Jio recently announced a new scheme called 'JioPhone Monsoon Hungama'. As part of this scheme, Reliance Jio is offering users of 2G and 3G mobile phones to exchange their existing device - which needs to be in working condition - to get a

Fixed deposits or 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 varies from 7 days to ten years. Some fixed deposits come with a premature withdrawal facility while

Oil marketing companies (OMCs) slashed the prices of petrol and diesel on Saturday. According to the rate chart of IOC (Indian Oil Corporation), petrol is being sold at Rs. 76.16 per litre in Delhi and Rs. 83.61 per litre in Mumbai. Petrol prices in Kolkata and

HCL Technologies Ltd beat analysts' estimates for quarterly profit on Friday as it added more high-net worth clients and clocked strong growth at its software services business.Net profit attributable to shareholders rose to Rs 2,431 crore ($353.73 million) in the quarter ended June 30, from Rs 2,211 crore, India's fourth largest IT company said.

Airlines are offering lucrative discount offers on domestic and international flight tickets to attract customers. Jet Airways is offering a discount on domestic and international flight tickets under its scheme called 'Your Next Vacation Awaits', said the country's second largest private

A zero balance savings account does not require customers to maintain any particular minimum average balance. Most leading banks offer the option of zero balance account. State Bank of India (SBI) offers the facility of opening a zero balance account in the form of a Basic

Gold prices went down by Rs 190 to Rs 30,740 per 10 grams at the bullion market on Friday, tracking a weak trend overseas amid fall in demand from the local jewellers, reported news agency Press Trust of India. Silver followed suit and slipped by Rs 230 to Rs 39,200 per

Mumbai: The upcoming monetary policy review coupled with the ongoing financial results season and key macro-economic data points will influence the trajectory of key equity indices in the week ahead, analysts opined. According to market observers,

Reliance Jio Infocomm, which offers telecom services under brand Jio, on Friday posted a standalone profit of Rs 612 crore for the April-June period. That marked a 20 per cent month-on-month increase in net profit and the third straight profitable quarter

Stock markets continued their gains to a sixth straight day, with BSE benchmark index Sensex closing 352 points higher at 37,336 on Friday. That marked the first ever closing above the 37,000 level by the 30-scrip BSE index. The NSE Nifty jumped 111 points, or 1 per cent, to settle at 11,278. With that, both key indices registered fresh record

State Bank Of India (SBI) offers an instant money transfer (IMT) facility which enables its customers to transfer funds to anybody, anywhere, anytime. Only the beneficiary's, or receiver's, mobile number, name and address are required to be known to the

Reliance Industries Ltd's telecom unit Jio reported a third straight quarterly net profit, as its cut-price plans continued to bring in more customers. The results vindicate the long-term vision of Reliance Chairman Mukesh Ambani, Asia's richest man, to make the Indian

Telecom companies are offering a host of prepaid recharge packs to attract customers and increase their customer base. Mukesh Ambani-owned Reliance Jio offers 1.5 GB data per day to 5 GB data per day, under it various prepaid recharge packs. Similarly Vodafon

Recurring Deposit (RD) is a kind of term deposit, which helps people to deposit a fixed amount into their RD account. Small finance banks generally offer higher interest rates as compared to many leading banks. Small finance banks are banks, which

Reliance Industries on Friday reported a record net profit of Rs 9,459 crore for the April-June period. The energy conglomerate had registered a net profit of Rs 9,108 crore for the quarter ended June 2017, which included exceptional items worth Rs 1,087 crore representing profit from divestment of stake in Gulf Africa Petroleum Corporation.

ITC shares surged as much as 7 per cent on Friday, a day after the company surprised the Street with its earnings for the April-June period. ITC share price opened higher at Rs 300 apiece on stock exchange NSE and surged to an intraday high of Rs 307.15 during the session. That meant a nearly 7 per cent jump in ITC share price, from the previous

Gold prices recovered by Rs 40 to Rs 30,780 per 10 grams at the bullion market on Saturday, taking positive leads from global market amid fresh buying by local jewellers, reported news agency Press Trust of India. Silver also recovered by Rs 25 to Rs

ICICI Bank Ltd, India's third-largest lender by assets, reported a surprise first-quarter net loss on Friday on higher provisions for bad loans and treasury losses. The bank made a net loss of Rs 120 crore ($17.47 million) in the three months to June 30, compared

New GST rates announced last week kicked in today. Items of common use such as sanitary napkins, footwear and refrigerators may get cheaper with the GST (Goods and Services Tax) rates cut on about 88 items coming into effect today. Refrigerators,

If you are planning to make an investment for your daughter or parents, post office schemes can be a good option. Post offices offer a host of saving schemes with different rates of interest. Two of the various savings schemes, post office offers is 'Sukanya Samriddhi' and

If you are looking to invest your money in safe savings instruments, fixed deposits are always the best choice, say experts. Fixed deposits or FDs are secure fixed income instruments, which offer guaranteed returns. FD interest rates vary according

More and more companies are making broad pay adjustments after taking deep dives into worker pay data. They are auditing their payrolls for gaps between men's and women's pay, tweaking salaries that aren't competitive with other companies and

EPF or Employees' Provident Fund is a mandatory contribution from the salary of an individual that every organisation with more than 20 employees has to deduct. EPFO (Employees' Provident Fund Organisation) is the nodal agency to monitor EPF

New Delhi: Union Minister Arun Jaitley today exuded confidence that GST rates on cement, ACs and televisions will be cut as tax revenues increase, and only luxury and sin goods will attract the highest slab of 28 per cent. In a Facebook post, Jaitley termed

Jet Airways is offering a discount on domestic and international flight tickets under its scheme called 'Your Next Vacation Awaits'. Jet Airways is offering 25 per cent discount on base fare in premiere and up to 15 per cent on base fare in

AirAsia has started operating flights from Bengaluru to Amritsar from fares starting at Rs 3,599, said the airline on its website, airasia.com. AirAsia flights on Bengaluru-Amritsar route will fly on a daily basis. However, one needs to make bookings in

The ongoing strike by truckers in India has disrupted production and sales of vehicles in the country, as well as exports, resulting in losses for carmakers, an industry body said on Friday. The Society of Indian Automobile Manufacturers (SIAM) said

After several weeks of continued sluggishness in gold prices, investors eye the second half of the year with hopes for higher returns. In the domestic market, festive season demand usually boosts demand for gold jewellery after July, say experts. While the current trend in domestic gold prices is broadly determined by the international gold