Business

This is a comparison among fixed deposit (FD) interest rates of SBI, ICICI Bank, HDFC Bank and Axis Bank.

Axis Bank has revised its fixed deposit (FD) interest rates with effect from June 1, 2018, following in the foot steps of State Bank of India (SBI)
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Wage revision in the banks was due from November 1, 2017.

Chennai: The unions in the banking sector are squarely blaming the Indian Banks' Association (IBA) for forcing them to resort to a strike that entered the second and last day on Thursday. "It is the IBA which has put the banking public to trouble and not the unions. The unions had given
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The 2017/18 loss is the highest ever in the history of state-run banks.

State-run banks posted a combined loss of Rs 85,370 crore ($12.65 billion) in the fiscal year ended this March, according to data compiled by Reuters, as their provisions for bad
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IRCTC (Indian Railway Catering and Tourism Corporation) offers booking and cancellation of railway tickets online, along with many other services. The online e-ticketing arm of Railways recently introduced a beta version of the website with new user
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"The culture of the company has changed," said an expert.

Microsoft surpassed Google's parent company Alphabet in market value Tuesday, becoming the third most valuable company in the world. At the end of trading Wednesday, Microsoft's market value was
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Separate advance payments for your vacation from the on-spot expenditures.

Summers are fading and monsoons are almost here, making travel destinations abroad attractive. Whether you plan a holiday during the monsoons or later, towards the festive
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Sovereign Gold Bonds offer interest at rate of 2.50% (fixed rate) p.a on amount of initial investment.

Sovereign Gold Bonds (SGBs) are government securities denominated in grams of gold. They are substitutes for physical gold. Investors have to pay
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Rajesh Gopinathan argues the industry's opportunities today are bigger than they've ever been

These are challenging times for India's technology-services industry. Growth has slowed. Profits are pinched. Layoffs, once unheard of, are commonplace. Many of the businesses's own leaders think its best days are in the
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Mumbai: An appeals tribunal (National Company Law Appellate Tribunal) on Wednesday put on hold insolvency proceedings against Reliance Communications (RCom), after the debt-laden telecom carrier reached a settlement with Swedish telecom gearmaker Ericsson. The National Company Law Appellate Tribunal (NCLAT) in New Delhi has asked RCom to pay
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India retained its position as the world's fastest growing major economy in the January-March quarter, well ahead of China. India's GDP or gross domestic product growth accelerated to 7.7 per cent in the March quarter - the fastest pace of growth in seven quarters. Strong growth in agriculture (4.5 per cent),
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Many banks had earlier warned that the operations could get impacted due to the strike

Banking services were set to get impacted for the second day today. Ten lakh bank employees, mostly of public sector banks, went on a two-day strike starting Wednesday. The bank employees went on the strike to press for higher
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All TDS deductors must download the TDS certificate from the TRACES portal.

The tax deducted at source (TDS) deductors who have deducted and have not deposited the same by the due date must do so immediately, warned the income tax (I-T) department on
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In the current fiscal, the government estimates to trim the deficit to 3.3 percent of GDP

India's fiscal deficit in the year ended March 2018 came in at 3.53 percent of gross domestic product (GDP), in line with the revised estimates, government data showed on Thursday. India revised its fiscal deficit target in February to 3.5 percent of GDP from
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The stock markets started today's session on a positive note, with the BSE Sensex rising as much as 246 points to trade above the key 35,000 mark. Domestic equities took support from other Asian markets where investors appeared to overcome the recent
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Moody's kept growth expectation for 2019 remains unchanged at 7.5%.

NEW DELHI: Moody's Investors Service report on Wednesday has cut India's GDP growth forecast to 7.3 per cent in 2018, from previous forecast of 7.5 per cent due to higher oil prices and tighter financial conditions.

"The Indian economy is in cyclical

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When it comes to a mutual fund, everyone wants to know which is the best performing mutual fund now. Do we need to invest only in the best performing mutual fund No.

Do we need to change our portfolio every now and then to invest only in the currently

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New Delhi: Tata Trusts' R Venkataramanan said he has been wrongly named as an accused in the CBI case against AirAsia India as he had "little or no role to play" as a non-executive director at the airline, even as he blamed "revenge legal action" by former Tata Group chief Cyrus Mistry for the accusations. The budget carrier is majority-owned by
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Gold prices rose above the key Rs 32,000 per 10 grams in Delhi today, breaking a three-day losing streak. Gold prices rebounded by Rs 230 to reach Rs 32,090 per 10 grams in the national capital, news agency Press Trust of India reported. Domestic gold
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The Q4 FY18 EBITDA at Rs 2,624 Crore is highest in the last twenty-seven quarters

Steel Authority of India Ltd (SAIL) announced its financial results for the March quarter of the financial year 2017-18 (Q4 FY18), and for FY18. After returning to
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Petrol and diesel price: Weakness in the rupee against the US dollar puts pressure on fuel rates

Petrol and diesel prices were cut marginally for the second straight day, after 16 consecutive hikes. While petrol prices in Delhi, Kolkata, Mumbai and Chennai were lowered by 7 paise per litre, diesel prices were
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IndiGo's flight tickets turned expensive from Wednesday by upto Rs 400.

In view of the rise in aviation turbine fuel (ATF) prices, Interglobe Aviation-run IndiGo announced the reintroduction of fuel surcharge on Tuesday. With the latest move, IndiGo's
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Domestic gold prices were affected thanks to weak demand from jewellers, according to traders

New Delhi: Gold prices fell declined back to Rs 32,000 per 10 grams in Delhi on Thursday. Gold prices came down by Rs 90 to Rs 32,000 per 10 grams at the bullion market, news agency Press Trust of India reported. Domestic gold prices, which had risen by Rs
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GDP expanded an annual 7.3 percent in the March quarter, against 7.2 per cent in the December quarter

India's economy probably grew marginally in the March quarter of fiscal 2018, which would ensure that the nation remains the world's fastest growing major economy, a Reuters poll found. Gross domestic

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Bombay Stock Exchange (BSE) benchmark index Sensex closed 43 points lower at 34,906 on Wednesday, extending its losses to the second straight session. The NSE Nifty settled at 10,614, down 18 points. Domestic equities were under pressure tracking a
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Boosted by a late-session surge, the BSE Sensex on Thursday soared 416 points to close at 35,322. GDP data for the January-March quarter will be released later today. National Stock Exchange (NSE) benchmark index Nifty settled at 10,736, up 121
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The move follows a settlement with Ericsson for partial payment of dues owed by RCom

New Delhi: Reliance Communications (RCom) said on Wednesday it expects to complete its asset sale to Reliance Jio Infocomm and Canada's Brookfield in coming weeks, after the bankruptcy appeals court halted insolvency proceedings against the debt-laden company. The
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In the new system, user can perform multiple activities through booked history with improved interface.

IRCTC (Indian Railway Catering and Tourism Corporation) has revised its e-ticketing website on Tuesday adding a new User Interface (UI), a press release issued by PIB (Press Information Bureau) said. New

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About 40% of the economists polled expected a hike next week.

BENGALURU: The Reserve Bank of India (RBI) will hike rates in August on concerns that already above-target inflation will climb further, according to economists in a Reuters poll, in
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New Delhi: Reliance Industries Ltd (RIL), owner of the world's biggest refining complex, is planning to halt oil imports from Iran, two sources familiar with the matter said, in a first sign that new U.S. sanctions are forcing buyers to shun oil purchases from Tehran.

Reliance's call to quit buying oil from Iran followed Washington's decision to

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SBI's 1 year to less than 2 year FD will now fetch 6.65 per cent.

Here is some good news for savers. India's biggest lender State Bank of India (SBI) has revised its interest higher on retail fixed deposits or FDs below Rs 1 crore. The revised rate on
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