Business

Current Gold Rates: Gold Price Comes Down Marginally Today, Silver Falls

Gold is often preferred for safety in times of elevated geopolitical risks

Gold prices in Delhi declined marginally on Thursday. With that, gold prices in Delhi declined back to Rs. 32,400 levels. Domestic gold prices came down
Details
Category: Business

Write comment (95 Comments)

So Far This Year, Petrol Prices Up Over Rs 4.5/Litre, Diesel Rs 6/Litre

On Thursday, petrol retailed at Rs 74.63 per litre in Delhi while diesel was sold at Rs 65.93 per litre

Petrol and diesel prices today were kept unchanged for a second straight day. In Delhi, petrol still costs the most since September 2013 while diesel is at its highest level ever. In September 2013, petrol

Details
Category: Business

Write comment (95 Comments)

7th Pay Commission: How Revised HRA Structure Has Impacted Inflation

HRA stood revised by 105.6%, that is, by more than double the pre-CPC level.

Mumbai: The increase in house rent allowance (HRA) for central government employees under the 7th central pay commission (CPC), has impacted the CPI inflation by nearly 35 basis points at its peak, according to a research paper by RBI's monetary policy department.

The

Details
Category: Business

Write comment (97 Comments)

Former Aircel Promoter's Companies Booked In Rs 600-Crore Loan Fraud

C Sivasankaran allegedly took a loan of Rs 530 crore in February 2014

New Delhi: The CBI has registered a case against former Aircel promoter C Sivasankaran's companies, Axcel Sunshine Ltd and Finland-based Win Wind Oy, for allegedly defaulting on loans worth Rs 600 crore taken from IDBI Bank, officials said on Thursday.

They said the agency is

Details
Category: Business

Write comment (90 Comments)

The Sensex was up 31 points at 34,532 while Nifty edged higher to 10,580. Shares of IT services major Wipro fell nearly 4 per cent today. On Wednesday, the Sense and Nifty had closed lower, snapping a two-day winning run. The
Details
Category: Business

Write comment (96 Comments)

Rupee Closes At 14-Month Low Against Dollar. Can It Fall Beyond 67

The rupee moved in a range of 66.90-66.50 against the US dollar during Wednesday's session

The rupee (INR) shed 52 points against the US dollar (USD) on Wednesday to close near its day's low. The rupee settled at 66.90 against
Details
Category: Business

Write comment (98 Comments)

Gold To Stay Stubbornly Solid Through 2018 As Silver Outperforms: Poll

The average gold price prediction stood at $1,334 an ounce

London: Banks and brokerages expect a largely flat gold market over the rest of 2018 after a stubbornly uneventful few months, a Reuters poll showed on Thursday, returning a forecast for the full year just a couple of dollars from its average price.

A better performance is forecast for

Details
Category: Business

Write comment (99 Comments)

Jet Airways Latest Offer: Passengers Can Bid For An Upgrade

Passengers can bid for upgrade under JetUpgrade from Jet Airways' website, jetairways.com.

Full service carrier Jet Airways, on Wednesday, launched the JetUpgrade offer, under which it is allowing customers from economy and
Details
Category: Business

Write comment (100 Comments)

How To Apply For SBI PPF Account: Documents Required, Eligibility

State Bank of India (SBI) offers the option of opening public provident fund (PPF) accounts.

State Bank of India (SBI), the largest lender of the country, offers the option of opening a public provident fund (PPF) account to its customers. PPF accounts come under the small savings scheme of the government. Interest rates of small savings schemes lik
Details
Category: Business

Write comment (95 Comments)

Sensex, Nifty Rise To Over 2-Month Highs, Yes Bank Surges 8%

FMCG heavyweights HUL and ITC rose 2 per cent and 1.5 per cent respectively.

Sensex and Nifty rose amid a volatile session today, ending at over two-month highs. The Sensex ended 212 points higher at 34,713 while Nifty settled at 10,617, up 47 points. Gains in banking, FMCG and IT stocks supported the upmove today. Shares of Yes Bank surged 8 per
Details
Category: Business

Write comment (95 Comments)

What Is SBI Multi-Option Deposit Interest Rates, Loan Facility And More

TDS is also applicable on State Bank of India's (SBI) multi option deposit scheme.

State Bank of India on Wednesday said that the SBI app is now updated with new feature of opening an MOD (Multi Option Deposit) account. The country's largest lender informed about the development on Twitter. According to sbi.co.in, multi option deposit scheme (MODS)
Details
Category: Business

Write comment (96 Comments)

H-1B Visa Approvals For Indian IT Companies Drop Sharply: Report

H-1B visa is a non-immigrant visa that allows US firms to employ foreign workers

Washington: Top seven Indian IT companies experienced a whopping 43 per cent drop in their H-1B visa approvals between 2015 and 2017, a US think-tank has said. The National Foundation for American Policy has said in a report that the 8,468 new H-1B visas for
Details
Category: Business

Write comment (90 Comments)

It's Jio Vs Airtel For Apple Watch Series 3 Customers

Apple Watch Series 3 is the third-generation of Apple Watch

Apple Watch Series 3, the third generation of Apple Watch by US-based Apple Inc, will be sold online by Indian companies Bharti Airtel and Reliance Jio from May 11. Both
Details
Category: Business

Write comment (97 Comments)

IRCTC Offers 4 Nights/ 5 Days Package Tour To Thenmala, Courtallam

IRCTC is offering a 4 nights/ 5 day rail tour package to Thenmala and Courtallam.

IRCTC or Indian Railway Catering and Tourism Corporation, a subsidiary of the Indian Railways, is offering a rail tour package from Chennai to Thenmala and Courtallam. Thenmala is an eco-tourism retreat while Courtallam is the 'Spa of South India', IRCTC said on its
Details
Category: Business

Write comment (97 Comments)

Bharti Airtel approved the merger of Indus Towers Ltd with its mobile masts operator unit Bharti Infratel Ltd, creating the largest tower company outside China by number of towers, the carrier said on Wednesday. Shareholders of Indus Towers will get 1,565 shares of Bharti Infratel for every share held, valuing Indus Towers at an enterprise value
Details
Category: Business

Write comment (98 Comments)

This Company's Rent Bill Is $18 Billion. Take A Look At The Empire

WeWork's general and administrative costs rose almost threefold in 2017

WeWork Cos. is tapping the bond market for the first time and in doing so, has provided a rare glimpse into the startling numbers behind its breakneck expansion. The co-working company, which is seeking $500 million to finance yet more growth,
Details
Category: Business

Write comment (90 Comments)

PNB To Hire Detective Agencies To Locate Untraceable Borrowers

Interested parties have been asked to file applications by May 5.

New Delhi: Fraud-hit Punjab National Bank (PNB) has invited applications for empanelment of detective agencies to locate its untraceable borrowers as it looks to "significantly" supplement efforts to recover bad loans which surged to Rs 57,519 crore at December end.

In its efforts to

Details
Category: Business

Write comment (95 Comments)

GoAir Offers Flight Tickets From Rs 1,697 On Select Routes. Details Here

GoAir's offer is applicable on flights to destinations including Delhi, Goa, Mumbai and Pune

GoAir has announced discounts on flight tickets on select routes under a new promotional offer. Called 'Low Fare Wednesday', GoAir's
Details
Category: Business

Write comment (99 Comments)

New York: Wall Street limped into positive territory on Wednesday on optimism over a spate of upbeat earnings that was nearly offset by jitters over rising U.S. bond yields and corporate costs.

The S-P 500 and the Dow Jones Industrial Average ended up after a choppy session, with the Dow ending a five-day losing streak, but the Nasdaq posted

Details
Category: Business

Write comment (99 Comments)

Where Is The Money, RBI Indians Are Still Hoarding Cash

Alarm bells only rang this month when ATMs began running dry in several states.

Having speeded up printing presses to refill banks' empty ATMs in some parts of the country, the Reserve Bank of India released data on Wednesday showing that people were still hoarding cash as withdrawals outpaced spending. Typically,
Details
Category: Business

Write comment (96 Comments)

Crude Oil Price Falls Away From Late-2014 Highs

Rising US fuel inventories and production weighed on an otherwise bullish market

Singapore: Oil prices on Wednesday fell back from more than three-year highs reached the previous session as rising US fuel inventories and production weighed on an otherwise bullish market.

Brent crude oil futures were at $73.74 per barrel at 0238 GMT (8:08 am in

Details
Category: Business

Write comment (98 Comments)

Key Factors That Cause Gold Prices To Fluctuate: 7 Points

India is the second largest consumer of gold globally

Gold is often seen as a bet characterised with safety in times of elevated geopolitical or financial risks. Besides, gold also provides a good hedge against inflation. Financial experts advise a small allocation towards gold as a hedge towards volatility and uncertainty. Global gold prices,
Details
Category: Business

Write comment (98 Comments)

Savings Account Interest Rates: SBI, ICICI Bank Vs Small Finance Banks

Small finance banks may be ignored by people but even these banks have attractive interest rates.

Small finance banks like ESAF Small Finance Bank, AU Small Finance Bank, Fincare Small Finance Bank, and Ujjivan Small Finance Bank
Details
Category: Business

Write comment (93 Comments)

Today Diesel Costs More Than What Petrol Did Just 8 Months Ago: 10 Points

At present, petrol costs Rs 74.63 per litre in Delhi while diesel retails at Rs 65.93 per litre

Petrol and diesel prices today were kept steady at yesterday's levels. With that, petrol still costs the most since September 2013 in Delhi, while diesel is retailed at its highest level ever in the national

Details
Category: Business

Write comment (93 Comments)

2019 Elections Could Be The Best Thing For Investors. Here's A Guide

Investors might hope for a repeat of the 2004 election when it comes to the impact on equities

Indian stocks have been roughed up along with most markets in recent months, but there could soon be reason to cheer. National elections are due by 2019, and modern history shows that tends to be a good thing for investors.

While Prime Minister Narendra

Details
Category: Business

Write comment (94 Comments)

Over 30 Lakh Join Employees Provident Fund In Six Months

This has been due to a pick up in the economy and federal support.

New Delhi: India added 472,075 employees to the state-run social security fund in February, after adding 604,557 in January, new data on payrolls released on Wednesday showed, giving a guide to how many new jobs are being created in the non-farm sector.

The Employees Provident Fund

Details
Category: Business

Write comment (93 Comments)

Today Diesel Costs More Than What Petrol Did Just 8 Months Ago: 10 Points

At present, petrol costs Rs 74.63 per litre in Delhi while diesel retails at Rs 65.93 per litre

Petrol and diesel prices today were kept steady at yesterday's levels. With that, petrol still costs the most since September 2013 in Delhi, while diesel is retailed at its highest level ever in the national

Details
Category: Business

Write comment (95 Comments)

2019 Elections Could Be The Best Thing For Investors. Here's A Guide

Investors might hope for a repeat of the 2004 election when it comes to the impact on equities

Indian stocks have been roughed up along with most markets in recent months, but there could soon be reason to cheer. National elections are due by 2019, and modern history shows that tends to be a good thing for investors.

While Prime Minister Narendra

Details
Category: Business

Write comment (98 Comments)

Rs 20,000 Penalty For Flight Cancellation Proposal May Be Under Review

As per draft citizen charter, in case of denial of boarding, compensation could be Rs 5,000

New Delhi: The Civil Aviation Ministry could have a relook into the draft citizen charter that has proposed to increase compensation to Rs 20,000 for passengers who miss connecting flights due to cancellation or delays, in the wake of stiff opposition from
Details
Category: Business

Write comment (94 Comments)

Today Diesel Costs More Than What Petrol Did Just 8 Months Ago: 10 Points

At present, petrol costs Rs 74.63 per litre in Delhi while diesel retails at Rs 65.93 per litre

Petrol and diesel prices today were kept steady at yesterday's levels. With that, petrol still costs the most since September 2013 in Delhi, while diesel is retailed at its highest level ever in the national

Details
Category: Business

Write comment (97 Comments)