Business

Bank of India has hiked the MCLR by 0.10% each for various tenors.

New Delhi: Joining peers, three state-owned lenders today announced raising interest rate in the range of 0.05-0.15 per cent, to be effective next week. Bank of India has hiked the marginal cost based lending rate (MCLR) by 0.10 per cent each for various tenors; the Oriental Bank of
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On Thursday, the rupee had ended lower by 20 paise at 67.12 against the US dollar

Mumbai: The rupee declined by 42 paise to hit a fresh 1-month low of 67.54 per dollar in early trade on Friday due to appreciation of the American currency overseas and outflows of foreign fund.

Besides, weakness in the domestic stock market weighed on the rupee at the

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SBI or State Bank of India suggests use of verified web browsers while making digital transactions

Be alert and cautious when conducting any electronic financial and banking transaction. That was said by SBI or State Bank of India - the country's
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As new entrant, the brands of small finance banks are not yet established.

Small finance banks generally offer higher interest rates as compared to many leading banks in India. Small finance banks are niche banks which provide financial inclusion to small businesses, micro and small industries, and marginal

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The IMF said the authorities have made progress in addressing the stock of non-performing assets

Washington: The International Monetary Fund (IMF) on Friday said addressing the ongoing crisis in the banking sector was important for India to support investment and inclusive growth agenda.

"Addressing the banking sector balance sheet issues and

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In step with gold, silver ready shot up by Rs 250 to Rs 41,000 per kg.

New Delhi: Rising for the second straight day, gold prices advanced by Rs 10 to Rs 31,870 per 10 grams at the bullion market today on persistent buying by local jewellers amid a firm trend overseas. Silver, too, reclaimed the Rs 41,000-mark by surging Rs 250 per kg backed by
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Users must keep their Aadhaar data updated in order to avail all facilities provided by UIDAI.

Subscriber can update address fed into the Aadhaar card system online through UIDAI's (Unique Identification Authority of India) official website-
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MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.5%.

Tracking weak global cues, the S-P BSE Sensex, on Friday, opened at 35,406.47, with a loss of 56.61 points or 0.16 per cent while the broader Nifty50 was at 10,736.40 level, down
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FDI to India decreased from $44 billion in 2016 to $40 billion in 2017.

United Nations: Foreign Direct Investment to India decreased to $40 billion last year from $44 billion in 2016 while outflows from India, the main source of investment in South Asia, more than doubled, according to a new trade report by the UN. According to the World Investment
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Piyush Goyal said that all vacant positions of PSB heads will be filled in the next 30 days

Mumbai: Finance Minister Piyush Goyal today announced setting up of a committee to give recommendations in two weeks on formation of an Asset Reconstruction Company for faster resolution of stressed accounts. After meeting the heads of state-owned banks,
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Petrol, diesel today: Domestic petrol and diesel prices are effected at fuel stations at 6 am every day

Petrol prices today were lowered by 21-22 paise per litre in Delhi, Kolkata, Mumbai and Chennai, compared with the previous day's rates. Diesel
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Anil Ambani-owned Reliance Big TV is offering effectively free channels.

Anil Ambani-owned direct-to-home service provider Reliance Big TV is offering an initial booking of 'effectively free' HD HEVC set-top-boxes by making a payment of Rs 500 through post offices, a press release issued by the company said.

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The research insisted that the process for filing reimbursement claims needs to be simplified.

Companies often offer the option of filing medical, conveyance and telephone bills to their employees, to claim income tax deduction. However, a significant
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Airtel's Rs 149 pack offers 1GB per day data for a period of 28 days.

The introduction of Reliance Jio in the telecom market has given refuge to a data war. Other telecom operators are also regularly coming up with new recharge plans in order to
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Monsoon Sale: Vistara's Early Monsoon Sale offer on flight tickets was earlier supposed to end Wednesday.

Vistara airline's Early Monsoon Sale offer, in which it is offering flight tickets from Rs 1,599, was extended on Thursday. The offer from Vistara
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At present, the interest rate on one-year bank FDs - generally ranges from 7.75 per cent to 8.75% pa.

After State Bank of India (SBI) revised its fixed deposit interest rates, private peers like ICICI Bank, HDFC Bank, Axis Bank and YES Bank have also
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Idea's new offer is available till August,15, 2018.

Idea Cellular has launched a campaign for its prepaid customers providing a slew of offerings including unlimited calls with abundant data, assured cashback and exciting prizes such as car, bikes,
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Mutual fund investment: Financial planners advise considering a few things before making a decision

Many investors looking to enter mutual funds are quick to take the ELSS or ELSS via SIP route. Reason: ease of use and, most importantly, tax benefit. In
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TIN offers the facility of processing changes in communication address in PAN card.

Subscribers can make a request for change in PAN (Permanent Account Number) card online via NSDL's (National Securities Depository Limited) e-Government website- tin.nsdl.com. PAN is a ten-digit alphanumeric identifier,

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Just a day after the Reserve Bank of India (RBI) announced its first hike in repo rate in as many as four-and-a-half years, two banks announced hikes in lending rates for their customers. While Indian Bank and Karur Vysya announced up to 10 basis
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Petrol and diesel prices are deregulated in the country.

Petrol and diesel prices were lowered marginally on Thursday. With effect from 6 am, petrol prices were at Rs 77.63 per litre in Delhi, Rs 80.28 per litre in Kolkata, Rs 85.45 per litre in Mumbai
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Stock markets edged lower today after two straight sessions of gains.

The S-P BSE Sensex on Friday were 19.41 points down and closed at 35,443.67. The National Stock Exchange (NSE) benchmark index Nifty50 settled at 10,767.65. Stock markets edged lower today after two straight sessions of gains. Markets

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Recently, IRCTC has come up with a number of facilities for passengers' convenience.

Indian Railway Catering and Tourism Corporation (IRCTC) offers the benefit of zero transaction charges on train tickets booked through debit cards on its website/app.
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Four of the country's 21 state banks have yet to appoint replacements for departed CEO

India's government-owned banks are becoming increasingly rudderless, just when they most need a firm hand at the top.

Four of the country's 21 state banks have yet to

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Reliance Jio offers four plans offering 1.5 GB of daily data for Rs 149, Rs 349, Rs 399 and Rs 449

Reliance Jio offers a variety of prepaid recharge plans ranging from Rs. 19 to Rs. 9,999 valid for a period of one day to a year. It also offers four prepaid plans offering 1.5 GB of daily data for Rs 149, Rs 349, Rs 399 and Rs 449 according to the
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This move is a big positive for low-income home buyers and real estate players, said experts.

The Reserve Bank of India (RBI) on Wednesday announced a hike in repo rate, the key rate at which it lends to commercial banks, for the first time in
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GDP growth is projected in the range of 7.5-7.6 per cent in H1 and 7.3-7.4 per cent in H2

The Reserve Bank of India's (RBI) six member monetary policy committee (MPC) raised the key interest rate (repo rate), by 25 basis points to 6.25 per cent, which
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Higher oil prices significantly impact household budgets, says Mr Rawat.

LUCKNOW: Reducing taxes is the best solution to check the spurt in fuel prices which would also tremendously help India on the exports front, industry body Assocham said today.
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The Nifty private bank index rose as much as 1.5 per cent.

The S-P BSE Sensex on Thursday rose 284.20 points to close at 35,463.08. The National Stock Exchange (NSE) benchmark index Nifty50 settled at 10,768.35. Stock markets closed at their highest in more than three weeks today, with market

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The S-P BSE Sensex surged over 300 points on Thursday and was racing towards the 35,500 level. At 11 am, the Sensex was up 312.98 points or 0.89 per cent higher at 35,491.86 level while the broader Nifty50 was at 10,779.75, up 95.10 points or 0.89
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