Business

Domestic carriers GoAir and SpiceJet are offering low fares and discounts on flight tickets. GoAir is offering flight tickets from an all-inclusive fare of Rs. 1,050, the airline said on its website goair.in. GoAir's discount offer on flight tickets is valid

Top banks today require their customers to maintain a certain minimum average balance in their savings accounts. Customers failing to maintain this minimum balance average, also known as monthly average balance or MAB, are charged a penalty

The minimum amount of annual deposit in Sukanya Samriddhi Yojana accounts has been slashed to 1/4th of the original amount that was required. Earlier, rules required customers to pay a minimum of Rs 1,000 annually to maintain this account for girl child. However, according

The IPO or initial public offer of HDFC Asset Management Company (AMC) opened for subscription on Wednesday. It is the most profitable AMC and the second largest in terms of assets under management (AUM) with a 14 per cent market share. By 2:08 pm, the 1.88 crore issue had received 92.16 lakh bids.

The government has said that it is aware of reports suggesting unavailability of cash in "several ATMs" across the country. Cash availability and ATM functionality is being monitored regularly to ensure sufficient availability of cash in ATMs,

MUMBAI: The rupee weakened by 15 paise to 69.01 against the US dollar on Tuesday, hurt by fresh demand for the American currency from importers.

Traders said besides fresh demand of the US currency from importers, dollar's firmness against some currencies overseas weighed on

Domestic stock markets concluded a choppy session on Wednesday on a mixed note, with the BSE Sensex registering a third record closing high in a row. National Stock Exchange (NSE) benchmark index Nifty, however, closed on a flat note. BSE benchmark index Sensex closed 33 points higher at 36,858 - a fresh record closing high - while the 50-scrip

Asian Paints Ltd, India's biggest paint maker by market capitalisation, on Tuesday reported first-quarter profit above analysts' expectations, helped by double-digit volume growth in its decorative paint business.

Net profit rose about 31 per cent to Rs 558 crore ($81.02 million) in the three months ended June 30 from Rs 427 crore a year earlier,

The S-P BSE Sensex and NSE Nifty50 made solid gains in early morning trade on Tuesday. After opening at 36,859.39, the Sensex surged hit a fresh all-time intra-day high of 36,902.06. The Nifty was firmly above 11,100 as it hit a high of 11,141.45 level. At 10:19 am, the

IRCTC (Indian Railway Catering and Tourism Corporation) Tourism is offering a tour package of 11 nights and 12 days to Rameshwaram, Madurai, Kovalam, Trivandrum, Kanyakumari,  Tiruchirapalli and Tirupati. The name of the package is Dakshin Bharat Yatra. The 'Bharat

Shares of Idea Cellular Ltd surged 16.6 per cent to their highest in over a month on Tuesday, after the operator paid the department of telecommunications (DoT) money it had demanded relating to its merger with Vodafone's India unit.

The DoT, under conditional approval for the

As global oil prices extended their fall, domestic petrol and diesel prices were slashed yet again by fuel retailers on Tuesday. According to Indian Oil Corporation (IOC), petrol prices across New Delhi, Kolkata, Mumbai and Chennai ranged between Rs 76.23 and Rs 83.68. Across the top four

Fixed deposits or FDs, the fixed income instruments which are highly popular among customers, are of two types: regular FDs with the facility of premature withdrawal and tax-saving FDs which do not have the facility of premature withdrawal. Fixed deposits with premature withdrawal

Gold prices softened for the second straight day on Tuesday amid a weak global trend but silver rates rose on scattered enquiries from industrial units and coin makers. Experts hoped that gold prices would recover due to manufacturing PMI data of the US,

Mumbai: Nearly two dozen lenders, led mostly by state-run banks, on Monday signed the inter-creditor agreement (ICA) framework to speed up the resolution of stressed assets which are under Rs 500 crore bracket. The faremwork is part of Project

AirAsia is offering international flight tickets from fares starting as low as Rs. 2,510. AirAsia's offer on flight tickets is valid till July 29, 2018. The travel period for AirAsia's sale is from November 1, 2018 to August 13, 2019, according to its

London: Bitcoin, the world's best-known cryptocurrency, shot past $8,000 on Tuesday for the first time in two months on signs of growing institutional interest in virtual coins.

Recent reports about impending approval in the United States for a

Mumbai: The rupee retreated from early high levels to close down with a modest loss of 2 paise at 68.86 against the US currency on stray dollar demand from importers.

The rupee initially reacted positively to the GST Council's decision to cut rates on several items and also tracking broad weakness in the dollar. It touched a high of 68.65 in early

Bengaluru: India will remain the fastest-growing major economy this year supported by increased government spending ahead of next year's general election, but rising oil prices pose the biggest downside risk, a Reuters poll of economists showed. The over $2 trillion

Share Market Update: Thirty two stocks on the 50-scrip Nifty index finished in the positive zone

Investment of surplus money can be restricted to fixed income instruments when the goal is to avoid risk. That is a common view shared by many financial planners. Fixed income instruments, such as bank fixed deposit or bank FD and recurring deposit or RD,

Amid a rise in global crude oil prices and a falling rupee - both of which happened for a second day in a row - petrol and diesel prices were on Wednesday kept unchanged across the four metro cities, according to Indian Oil Corporation (IOC), the largest fuel retailer of the

EPF or Employees' Provident Fund Scheme seeks to provide retirement benefits to employees. EPF is a compulsory contribution by employees and employers. Every company that has more than 20 employees has to mandatorily deduct EPF from the salary of its

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

The S-P BSE Sensex opened on Wednesday at a fresh record high of 36,928.06 while the Nifty50 started the session at 11,148.40. In the first few minutes of the trade, the Sensex traded at 36,871.94, up 46.84 points or 0.13 per cent. The Nifty50

Have Rs 2 lakh-Rs 2.5 lakh to invest in a business Gujarat Cooperative Milk Marketing Federation (GCMMF), the food product marketing company that owns milk brand Amul, offers a franchise business opportunity at a starting investment of Rs 2 lakh.

Have you filed your income tax return (ITR) If not, there's about a week left for you to do so without having to pay any fine for submitting a delayed income tax return. July 31 is the last date for individuals to file their income tax return (ITR) for assessment year 2018-19 without any penalty. The Income Tax Department has in the recent past

Singapore/New Delhi: Reliance Industries is looking to sell more naphtha, bringing its total naphtha exports through tenders for August lifting at 185,000 tonnes, traders said, the highest monthly spot volumes offered by the company since February.

However, some 60 per cent of the August volumes were considered off-specification as the grade does

In 2010, the government declared July 24 as the National Income Tax Day. This is just six days before July 31, which is the last date for filing an income tax return (ITR). It is mandatory for anybody earning an annual income of more than Rs 2,50,000 to file an ITR.

Domestic gold prices declined marginally on Monday, after rising for past three sessions in a row. Gold prices in Delhi fell by Rs 80 per 10 grams amid lackluster demand from jewellers and weakness in the international market, where the prices hit their lowest level in a