Business

Fixed deposit interest rates: Fixed deposits (FDs) are offered by both banks and corporate houses.

Fixed deposits or FDs are offered by banks as well as corporate houses. However, fixed deposit (FD) interest rates of non-banking finance companies are more attractive than their banking peers. This is because the risks associated with corporate fixed

Details
Category: Business

Write comment (99 Comments)


The rupee is down more than 8 percent versus the dollar up until now this year Marking its single biggest fall against the United States dollar in nearly 2 months, the rupee registered its lowest closing level at 69.05. Ongoing strength in the dollar, after bullish remarks from Federal Reserve Chairman Powell, dragged
Details
Category: Business

Write comment (97 Comments)

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.53 per cent.

Domestic equity benchmarks, the S-P BSE Sensex and Nifty50 opened in the green on Thursday. In the first few minutes of the trade, the Sensex was trading at 36,475.65, up 102.21 points or 0.28 per cent while the broader Nifty was at 10,999.50, with a gain of 19.05

Details
Category: Business

Write comment (97 Comments)

Wipro shares finished with a loss of 1.5% on the NSE and 0.8% on the BSE.

Country's third-largest software services exporter Wipro Ltd reported a two per cent rise in first-quarter net profit on Friday, beating estimates, helped by higher revenue from its Banking, Financial Services and Insurance business (BFSI). Net profit for the three months to

Details
Category: Business

Write comment (95 Comments)

This is the biggest single-day fall since May 29 and goes hand in hand with a stronger US dollar

Mumbai: The rupee weakened by 43 paise to close at a historic low of 69.05 against the US currency on Thursday. That marked the first time the rupee ended below the 69 level against the greenback. The US dollar strengthened as upbeat comments on the US

Details
Category: Business

Write comment (95 Comments)

RCom's revenue from operations fell about 26% to Rs 1,006 crore in the first quarter.

Debt-laden telecoms company Reliance Communications Ltd (RCom) said its losses narrowed in the first quarter and it is confident of closing its debt resolution process by the end of September.

It reported a loss of Rs 342 crore ($34 million) for April to June on

Details
Category: Business

Write comment (98 Comments)

Sensex, Nifty on Friday: Twenty nine stocks on the 50-scrip Nifty index finished in the positive zone

Domestic stock markets moved higher on Friday, driven by IT stocks which got a boost owing to the latest bout of weakness in the rupee against the US dollar. BSE benchmark index Sensex advanced 145 points, or 0.4 per cent, to close at 36,496 while t

Details
Category: Business

Write comment (96 Comments)

Domestic gold prices edged higher on Thursday, recovering from five-month lows registered the previous day. Despite prevailing weakness in the global market, mild advances in gold prices back home came amid lacklustre buying by jewellers, according to traders. Globally, the dollar strengthened, further pressurizing the demand for the yellow metal

Details
Category: Business

Write comment (94 Comments)

Amazon's stock has surged more than 57% in 2018.

SAN FRANCISCO: Amazon.com's stock market value reached $900 billion on Wednesday for the first time, marking a major milestone in its 21-year trajectory as a publicly listed company and threatening to dislodge Apple as Wall Street's most valuable jewel.

After Jeff Bezos founded the online book-selling

Details
Category: Business

Write comment (94 Comments)

Reliance Jio 'Monsoon Hungama' Offer: Jio is also offering a special recharge plan under the offer.

Reliance Jio has come up with 'Monsoon Hungama' exchange offer under which, JioPhone will be available for Rs 501. Customers can exchange any old feature phone (of any brand) for a brand new JioPhone (existing model) at an effective entry cost of Rs.

Details
Category: Business

Write comment (95 Comments)

Asian Development Bank retained India's growth rate projection for the current and the next fiscal year

New Delhi: India will continue to be the fastest growing major economy, ahead of China, with a growth rate of 7.3 per cent in 2018-19 and 7.6 per cent in 2019-20, Asian Development Bank (ADB) said on Thursday.

The growth in India will be driven by

Details
Category: Business

Write comment (96 Comments)

However, in other metro cities, petrol and diesel prices were left unchanged.

Petrol and diesel prices were slashed on Thursday only in the national capital, New Delhi. According to data from the website of the largest fuel retailer of the country, Indian Oil Coporation (IOC), petrol prices in Delhi were cut by 6 paise while diesel prices in Delhi

Details
Category: Business

Write comment (93 Comments)

SBI money transfer: Customers can send money up to Rs 25,000 a day through Quick Transfer

State Bank of India (SBI) offers a money transfer service in which the customer is not required to add a beneficiary in order to send money. This was said by SBI, the country's largest bank, on microblogging site Twitter. This service, called "quick transfer",

Details
Category: Business

Write comment (91 Comments)

Domestic stock markets finished Thursday's session on a sluggish note, with the BSE Sensex closing 22 points lower. National Stock Exchange (NSE) benchmark index Nifty settled at 10,957, down 23 points. The key indices were dragged lower by a selloff witnessed in IT and pharma stocks. Losses in heavyweights such as TCS offset gains in consumer

Details
Category: Business

Write comment (99 Comments)

Banks permit their customers to make a specific number of ATM transactions free of cost every month

Major banks today permit their customers to make a certain number of transactions free of cost at ATMs every month. SBI or State Bank of India for example, currently allows its customers maintaining a monthly average balance above Rs 25,000 in the

Details
Category: Business

Write comment (95 Comments)

SpiceJet's discount offer is valid only on Fridays till September 28, 2018.

SpiceJet is offering up to Rs. 1,000 discount on flight tickets in a special 'Fantastic Friday' offer, the airline said. Along with the discount offer, SpiceJet is also offering free seat selections. However, the offer is valid only on Fridays and customers need to pay via

Details
Category: Business

Write comment (91 Comments)

The Reserve Bank of India (RBI) on Thursday said it would issue new Rs 100 banknotes "shortly". The new banknote of Rs 100 denomination will be of the Mahatma Gandhi (New) Series, the central bank said. The new banknote of Rs 100 will be in the base colour of lavender and will have a motif of Rani Ki Vav - a heritage site located in Gujarat - on

Details
Category: Business

Write comment (100 Comments)


New Delhi: Rajan Anandan, vice president, South East Asia and India, Google, on Wednesday took an extra responsibility of the Delhi-NCR Chapter of The Indus Entrepreneurs (TiE Delhi-NCR) as its president to support the Indian start-up ecosystem.In his present function, Mr Anandan would spearhead TiE Delhi-NCR's initiatives through mentoring,
Details
Category: Business

Write comment (93 Comments)

Microsoft stock jumped over 4% in after-hours trading as it beat Wall Street expectations.

San Francisco: Riding on its growing Intelligent Cloud portfolio and early investments in Intelligent Edge, Microsoft has surpassed $100 billion in revenue for the first time in fiscal year 2018. For the fourth quarter that ended on June 30, the tech giant

Details
Category: Business

Write comment (92 Comments)

Under JioPhone Monsoon Hungama offer, customers can replace their old JioPhones for Rs 501.

Reliance Jio, Mukesh Ambani-led telecom company, is offering 100 per cent cashback on select prepaid recharge plans. In a separate scheme, JioPhone Monsoon Hungama offer, which will come into effect on Friday, Reliance Jio is allowing users to exchange old

Details
Category: Business

Write comment (91 Comments)

The UIDAI has permitted its registrars to charge a fee of up to Rs 25 (plus 18% GST) for biometric update

The UIDAI or Unique Identification Authority of India provides an online facility that enables Aadhaar holders to disable biometrics-based authentication. This was said by the UIDAI, the issuer of the 12-digit identity Aadhaar number as well as

Details
Category: Business

Write comment (99 Comments)

US Dollar, Indian Rupee: The rupee's last life low of 69.0950 was touched on June 28.

The rupee extended Thursday's losses as it hit a record low of 69.13 per dollar in early trade on Friday, tracking weakness in the yuan, reported news agency Reuters. The rupee was trading at 69.11/12 per dollar as of 9:20

Details
Category: Business

Write comment (100 Comments)

New Delhi: At nearly $940 billion, Apple is certainly well on the way to becoming the world''s first trillion dollar company -- and the feat could be achieved as early as the end of this year with upcoming iPhone launches.

The tech giant crossed the $900 billion market capitalisation mark in November last year following the launch of its "super

Details
Category: Business

Write comment (90 Comments)

The Humsafar Express is a fully AC 3-tier service sporting a GPS-based passenger information system.

The timings of Tirunelveli - Gandhidham Humsafar Express plying over Indian Railways in division of Western Railway, have been revised due to monsoon, said Western railway on micro blogging website -- Twitter. However, there is no change in timings

Details
Category: Business

Write comment (93 Comments)

Stock market on Friday: Experts said that the real issue for markets was the battered rupee.

Even as the rupee plunged to a fresh record low and the Chinese currency weakened further, the domestic equity markets were upbeat ahead of a no-confidence vote against Prime Minister Narendra Modi's government on Friday. At 12:20 am, the S-P BSE Sensex

Details
Category: Business

Write comment (94 Comments)

Bandhan Bank has a network of 937 branches and 475 ATMs

Bandhan Bank shares jumped more than 5 per cent on Thursday, extending recent gains to a third straight session. Advances in Bandhan Bank share price were amid high volumes. Bandhan Bank had during market hours on Wednesday reported earnings for the

Details
Category: Business

Write comment (100 Comments)

If you want to avail loan on PPF accounts, you can do so after the third financial year.

Interest rates on PPF accounts have yet again been left unchanged at 7.6 per cent for the July-September quarter. PPF or Public Provident Fund is a government-backed instrument that offers fixed yields. There is no risk involved. A PPF account matures in 15

Details
Category: Business

Write comment (95 Comments)

Petrol and diesel prices were slashed across the four metro cities with effect from 6 am on Friday

Petrol and diesel prices were slashed across the four metro cities with effect from 6 am on Friday, according to the website of Indian Oil Corporation (IOC). Petrol and diesel prices, which are revised by fuel retailers every day based upon global

Details
Category: Business

Write comment (95 Comments)

Along with the discount offer on flight tickets, SpiceJet is also offering a priority check-in.

SpiceJet is offering up to Rs 1,000 discount on flight tickets in a special 'Thrilling Thursday' offer, the airline said. Along with the discount offer, SpiceJet is also offering a priority check-in to its customers. The offer is valid all through

Details
Category: Business

Write comment (99 Comments)

Experts advise entering Atal Pension Yojana (APY) as early as possible to reap the maximum benefit

Atal Pension Yojana (APY), a pension scheme aimed at the unorganised sector, has 1.08 crore subscribers. Atal Pension Yojana, since its launch in May 2015, has so far collected more than Rs 4,500 crore in contribution, according to an official release

Details
Category: Business

Write comment (94 Comments)