Business

Government-run consultancy company RITES on Monday made its stock market debut as it listed at Rs 190 per share, which was at a premium of 2.70 per cent over its issue price of Rs 185. At 10:46 am, RITES shares traded at Rs 201.25, with a gain of 5.92

Indian Railway's Northern wing (Northern Railway) is set to increase the frequency of train number 12583/12584 Lucknow-Anand Vihar-Lucknow Double Decker Express to four from two currently in a bid to cater to the growing number of passengers. Because of this, there are

Those who have failed to link PAN cards to aadhaar cards need not fret since the deadline of PAN-Aadhaar linking was extended one more time on June 30. The latest move is the outcome of an order of tax department's policy making body: Central Board of Direct Taxes, on

The domestic stock markets started off the first day of the week on Monday on a negative note. The S-P BSE Sensex skidded 43.02 points or 0.12 per cent to trade at 35,545.22 in early morning trade. The Nifty50 index tripped 7.25 points or 0.07 per cent to

Mumbai: Movement in the rupee against the US dollar and fluctuations in global crude oil prices are expected to drive investor sentiments on the key domestic equity indices in the week starting July 2. Besides, equity market participants will monitor the monthly

Mutual funds or bank FD (fixed deposits) Financial planners usually recommend mutual fund investment to investors who have at least a moderate degree of risk appetite. Bank FDs, on the other hand, are more suitable for rather conservative

AirAsia India is offering domestic flight tickets from Rs 1,299 under its 'Hot Deals this Monsoon' sale. The destinations on offer in this sale are Bengaluru, New Delhi, Jaipur, Kolkata, Hyderabad, Chennai and more. This offer of AirAsia on flight

Mumbai: After at least four aborted attempts since March 2016, the service tax authorities managed to get a buyer for the confiscated luxury jet of the runway businessman Vijay Mallya, with a Florida-based Aviation Management Sales emerging as

SBI or State Bank of India currently offers a type of savings bank account that can be opened through mobile app YONO. This account does not require users to maintain any minimum balance till March 31, 2019. SBI's Digital Savings Account requires

SBI or State Bank of India currently charges a fee ranging from Rs 1 to Rs 50 plus GST per transaction for money transfer services NEFT and RTGS. The charges depend on factors such as the type, amount and timing of transaction, according to the bank's

On the first anniversary of Goods and Services Tax (GST), Union minister Arun Jaitley hailed the legislation as a 'historic' and 'game changer' reform. He praised GST for additional tax revenue collection, which rose to Rs 8.2 lakh crore in the first nine months. Mr Jaitley also praised it for a 14 percent rise in the tax base of states. While

Major banks State Bank of India (SBI), HDFC Bank and ICICI Bank offer many personal banking products such as savings accounts, recurring deposit (RD) accounts and fixed deposit (FD) accounts. Savings accounts help customers save and park their money safely with the

Oil marketing companies (OMCs) kept petrol and diesel prices constant across most of the cities today. According to the rate chart, petrol price in Delhi today is at Rs 75.55 per litre. In Chennai and Kolkata, petrol prices are Rs. 78.40 per litre and Rs.

Reliance Industries (RIL) is set to acquire Radisys Corporation, a US-based telecom solutions provider. According to sources, RIL picked up a 100 per cent stake in Radisys for $74 million, reported news agency IANS. Radisys and RIL have entered into an agreement under

Small finance banks offer higher interest rates than their larger peers. Interest rates on savings accounts, recurring deposits (RDs) and fixed deposits (FDs) of small finance banks are as high as 9 per cent for regular citizens and 9.5 per

Global trade war and crude oil prices are going to influence the Indian rupee's movement against the US dollar in the coming week, experts said. Rupee touched an all-time low on Thursday by breaching the 69-mark vis-a-vis US dollar. On Friday, rupee closed at Rs.

Indian Railways offers reservation of tickets via it's online ticketing arm-IRCTC (Indian Railway Catering and Tourism Corporation) and offline bookings from railway reservation offices and authorised travel agency. The Indian Railway administration

As the last date to file income tax returns (ITR) looms closer, the income tax payers are often urged by their chartered accountants and acquaintances to file their income tax returns (ITR) way before July 31 and not to wait till the eleventh hour. In case you have the form number 16 in your possession already, and have already paid your tax

Have you lost your debit card/ATM card Banks provide assistance in case of loss of a debit, credit or ATM card. The card holder should immediately contact the bank's helpline/customer care to report the loss of a debit/ATM/credit and prevent any misuse, say experts. State Bank of India (SBI), for example, issues a debit card, called 'Quick Photo

Soon after the much-awaited indirect tax reform legislation Goods And Services Tax (GST) was rolled out on July 1 last year, several stakeholders, from tax payers to common citizens, raised their eyebrows, and even expressed outrage for prohibitively high rates

B Sriram, a former managing director of State Bank of India (SBI), on Saturday took charge as the managing director and CEO of IDBI Bank. Earlier in the day, SBI said in a regulatory filing that the government has permitted him to take voluntary retirement

Looking to open an SBI account from home SBI or State Bank of India provides a mobile app, called YONO, through which it enables individuals to open two types of account from home. SBI Insta Savings Account and SBI Digital Savings Account are the two

As GST or Goods and Services Tax completes one year today, several Union ministers including Prime Minister Narendra Modi took to microblogging site Twitter to hail the achievements under the current indirect tax regime. PM Modi described GST as a tool

The government will on July 1, 2018 celebrate GST Day, to mark the first anniversary of the launch of the new indirect taxation regime. Terming GST as a "fitting tribute to spirit of cooperative federalism", the Ministry of Finance said: "The first year

Mumbai: The city bench of the National Company Law Tribunal (NCLT) will deliver its judgement on July 4 that may bring the curtains down on the two-year-old bitter feud between Tata Sons and its dismissed chairman Cyrus Mistry. The key allegation by Mistry camp is that his removal as chairman and

The price of subsidised cooking gas was raised by Rs 2.71 per cylinder as a result of tax impact of base price rising due to spurt in international rates and fall in rupee. Subsidised LPG cylinder (with effect from July 1) will now cost Rs 496.26 in Delhi, according

As Goods and Services Tax (GST) completes one full year of implementation, there are many major events that stakeholders have brought about in the year gone by. From the movement of items from one slab to another to the launch of platforms and helplines to

Bharti Airtel has made a revision in its postpaid plan priced at Rs 649. The telecom operator has increased the data benefit to 90 GB data per month, according to its official website -- airtel.in. Previously, Airtel offered 50 GB data per month under this plan. The Rs 649 plan is

For the fifth day in a row, petrol and diesel prices remained constant across cities.In Delhi, petrol is now being sold (same as yesterday's price) for Rs 75.55 a litre, Rs 78.23 a litre in Kolkata, Rs 82.99 a liter in Mumbai and Rs 78.40 in Chennai. Similarly,

NEW DELHI: S Ramesh has taken over as Chairman, Central Board of Indirect Taxes and Customs (CBIC), on superannuation of Vanaja N. Sarna on Saturday, June 30, an official statement said here.

Prior to his elevation, he was Member (Administration) in the Board.

S. Ramesh began his career in Mumbai as Assistant Commissioner, Central Excise and