Maruti Suzuki Sales Fall Nearly 27% In September

Maruti Suzuki said its total passenger vehicle sales in the domestic market fell 27.10 per cent to 1,10,454 units. Maruti Suzuki shares rose...

Lakshmi Vilas Bank Locked In 5% Lower Circuit For Third Day In A Row

Shares of the Chennai-based private sector lender - Lakshmi Vilas Bank - were locked in a 5 per cent lower circuit for third day in a row. ...

IRCTC Initial Public Offer Fully Subscribed

By 10:30 am, bids for 2,17 crore shares were received out of the total 2.02 crore shares on offer under the IRCTC IPO, data from the Nationa...

Latest Interest Rates Offered By Post Office Small Saving Schemes

Investment in post office small savings schemes fetch returns to the tune of 4-8.6 per cent, according to the website of India Post - indiap...

Your Kirana Store Can Fight Amazon and Walmart: Top Tech Investor

From the poshest neighborhoods to teeming slums, typical Indian kiranas are cramped spaces that can just about fit a king-size bed but are c...

Sensex, Nifty Likely To Open Higher Today

On Monday, the Sensex and Nifty had ended 0.40 per cent and0.33 per cent lower respectively. from NDTV Profit - Latest https://ift.tt/2njo...

Infrastructure Output Contracts In August For First Time Since 2015

The data signals the economic growth recovery in Asia's third largest economy may be slow despite a cut in the corporate tax rate and ot...

Current Account Deficit Narrows To $14.3 Billion In April-June

The foreign currency earned via services, income from financial assets, labour and property and current transfers are accounted under the ...

Government Sticks To Budget Numbers, Says No Sovereign Borrowings

The 10-year bond yield had surged 15 basis points to 6.79 per cent on September 19 - the day the tax cuts were announced. The benchmark yiel...

Petition in Bombay High Court Opposes RBI Curbs On PMC Bank

On September 23, the RBI had imposed regulatory restrictions on the PMC Bank for six months over alleged financial irregularities. from ND...

Fiscal Deficit Reaches Over 78% At Rs 5.54 Lakh Crore Till August-End

The deficit was at 86.5 per cent of the 2018-19 Budget Estimate (BE) in corresponding month a year ago. from NDTV Profit - Latest https://...

PNB Ties Up With Shadow Banks For Co-Orginating Rs 4,000 Crore Loans

The stress on NBFCs and HFCs is seen as a key reason for slowdown in the economy, as it has caused reduced credit flow to small businesses. ...

Rupee Falls By 31 Paise To End At 70.87: 10 Things To Know

The rupee settled 31 paise lower against the dollar on Monday. The local currency opened on a strong note at 70.37, then lost ground and fel...

Yes Bank Shares Slumps 14% To Lowest Level In 10 Years

Yes Bank informed the stock exchanges that it has received acknowledgment from the Reserve Bank of India to go ahead with capital raising pl...

Why FD Is The Best Investment Option For You Today

To benefit from competitive interest rates and enjoy high safety and stability of your investment, open a fixed deposi twith a credible issu...

Core Sector Output Declines By 0.5% In August

During April-August, growth in the eight core industries grew by 2.4 per cent from 5.7 per cent in the year-ago period. from NDTV Profit -...

PMC Bank Case Raises Question On Role Of RBI, Auditors: Anurag Thakur

Currently the Reserve Bank of India is looking into the PMC Bank case. Recently Finance Minister Nirmala Sitharaman had said the government ...

Amazon, Flipkart Make Record First-Day Festive Sales: Report

Both, the "Big Billion Days" sale and Amazon's "Great Indian Festival", will finish on October 4, according to their...

Sensex, Nifty Extend Losses To Second Session Weighed Down By Banks

Nine of 11 sector gauges compiled by National Stock Exchange ended lower led by the Nifty PSU Bank index's 3.47 per cent fall. from ND...

Torrent Of Rate Cuts To Yank Down Asian Bond Yields: Poll

Most major Asian central banks are predicted to ease further to boost growth, including the Reserve Bank of India (RBI) which has been one o...

Anil Ambani Says Group Will Pay Another $2.1 Billion Debt By March

Anil Ambani, 60, is struggling to save the remnants of his telecommunications-to-infrastructure empire from collapse. In June, Reliance Grou...

How Much You Pay For Petrol, Diesel Today

State-run oil marketing companies increased petrol and diesel prices on Monday, after keeping it flat for three consecutive days. With effec...

Indiabulls Housing Finance Slumps To Lowest Level In 5 Years. Here's Why

Indiabulls Housing Finance shares slumped as much as 38.34 per cent to Rs 240.15 on the BSE, also its lowest level since April 2014. from ...

IRCTC Initial Public Offer Subscribed 30%

IRCTC IPO news: By 12:45 pm, bids for 60.84 lakh shares were received out of the total 2.02 crore shares on offer under the IRCTC IPO. That ...

US-Based Fashion Retailer Forever 21 Files For Bankruptcy

Since the start of 2017, more than 20 US retailers, including Sears Holdings Corp and Toys 'R' Us, have filed for bankruptcy, succum...

Reliance Capital Repays Debt Of Rs 72.65 Crore; Shares Hit New Record Low

Reliance Capital shares have so far this year nosedived 89 per cent compared with nearly 7 per cent gain in the Sensex. from NDTV Profit -...

IRCTC IPO Opens Today: Should You Invest?

IRCTC is selling equity shares of face value of Rs 10 each in the price band of Rs 315-320 in lot sizes of 40 shares per lot and in multiple...

Tips On Stocks To Buy Or Sell As Consumer Gloom Dims Festival Cheer

Market researcher Nielsen has lowered its 2019 growth estimate for fast-moving goods to 9-10 per cent from 11-12 per cent. from NDTV Profi...

IRCTC Public Offer To Open Today. Should You Subscribe?

IRCTC IPO today: After the IPO, Government of India's holding in IRCTC will come down to 87.40 per cent. The IPO will close for subscrip...

Sensex, Nifty Likely To Open Flat Today

LIVE share market updates (Sensex, Nifty today): The Sensex index had ended 167.17 points - or 0.43 per cent - lower at 38,822.57 on Friday,...

Air India Offers Discount On Domestic Flight Tickets, Details Here

Air India has launched the new product in order to promote heritage sites and prominent tourist destination in India, where families travell...

DHFL Proposes Converting Debt To Equity Under Draft Resolution Plan

The company held a meeting on Friday to present the Draft Resolution Plan to its lenders and to inform them of the steps required to impleme...

PMC Bank Didn't Disclose Exposure For Over 6 Years: Suspended MD

On Monday, the central bank had restricted activities of PMC Bank for six months citing major financial irregularities, failure of internal ...

SBI To Link Floating Rate Loans With Repo Rate: 10 Things To Know

State Bank of India (SBI), the country's largest bank, recently said that it would adopt the repo rate as external benchmark for all its...

AirAsia India To Expand Fleet; Awaits Nod To Fly Abroad

On September 20, the airline introduced additional flights from New Delhi to Kolkata. from NDTV Profit - Latest https://ift.tt/2ojOw0b

Government Bans Export Of Onion To Contain Rising Prices

The DGFT on September 13 had imposed a minimum export price (MEP) of $850 per tonne to curb its shipments and help bring down rising domesti...

RBI May Go For Another Rate Cut On October 4, Say Experts

The RBI Governor Shaktikanta Das headed Monetary Policy Committee (MPC) will announce the fourth bi-monthly monetary policy for 2019-20 on F...

Petrol, Diesel Prices: Everything You Need To Know About Fuel Rates

The oil marketing companies (OMCs) kept the fuel rates unchanged for a second consecutive day on Sunday across the four metro cities. Petrol...

Markets To Rise Further As RBI Expected To Cut Rates, Say Experts

According to market observers, the monetary policy committee of the RBI is expected to go ahead and further reduce the key lending rate, to ...

How To Link PAN With Aadhaar Online

Linking PAN card with Aadhaar card: According to current income tax laws, an Aadhaar number - also known as Unique Identity Number (UID) - c...

Last Date For Linking PAN Card With Aadhaar Card Extended To December 31

The government on Saturday extended the due date for linking PAN or Permanent Account Number with the Aadhaar number - also known as the Uni...

All You Need To Know About Aadhaar-PAN Rules

PAN Aadhaar news: The Income Tax Department said last month that a PAN will be generated automatically if a person files the ITR is filed us...

Documents You Can Submit At Aadhaar Centres For Updating Basic Details

Aadhaar PAN linking news: The government on Saturday extended the due date for linking PAN or Permanent Account Number with Aadhaar by three...

Government extends due date for linking PAN with Aadhaar by three months to December 31

from NDTV Profit - Latest https://ift.tt/2lOEZx8

Nifty Expected To Touch 12,150-12,500 Levels By Diwali: Analysts

Sensex, Nifty week ahead: Twenty five stocks on the 50-scrip index rose for the week, and an equal number of shares moved lower. IDBI Capita...

State-Run Firms Asked To Clear Vendor, Contractor Dues By October 15

Finance Minister Nirmala Sitharaman said PSUs been asked to detail the lifespan of arbitrations that lock payments after disputes with vendo...

RBI Action Not To Impact Normal Operations: Lakshmi Vilas Bank

Lakshmi Vilas Bank-RBI News: The Reserve Bank of India (RBI) has advised Lakshmi Vilas Bank on the restrictions put in place and the actions...

Find Out How Much You Pay For Petrol And Diesel In Your City Today

Petrol price, diesel price today: On Saturday, the price of petrol remained at Rs 74.34 per litre in Delhi and Rs 80 per litre in Mumbai - t...

RBI Initiates Prompt Corrective Action For Lakshmi Vilas Bank

RFL has accused LVB of misappropriating Rs 790 crore it kept with the bank as a fixed deposit. from NDTV Profit - Latest https://ift.tt/2o...

Antitrust Body Clears Saudi Aramco's Acquisition Of SABIC

In March, Saudi Aramco had agreed to buy the stake for $69.1 billion, in one of the biggest deals in the global chemical industry. from ND...

Twitter Co-Founder Biz Stone To Invest In Kerala Start-Up

Twitter co-founder and Angel investor Biz Stone on Friday said he would be investing in a Kochi-based start-up, Sieve. from NDTV Profit - ...

Government Retires 15 More Senior Tax Officials On Graft Charges: Report

The government has compulsorily retired 15 more tax officers in the fourth tranche of its crackdown on errant officials accused of corruptio...

Monsoon Set For Delayed Retreat, Says Weather Office

The country relies heavily on the monsoon for irrigation, though crop damage and delayed harvests can result if the rainfall persists. fro...

Ministries Asked To Share Capex Plans Of 4 Quarters: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman said that since August 23, 90 per cent of overdue GST refunds have been cleared. from NDTV Profit - La...

Sensex Ends Over 150 Points Lower Weighed Down By Metal, Pharma Shares

All the 11 sector gauges compiled by National Stock Exchange ended lower led by the Nifty Metal index's 2.64 per cent fall. from NDTV ...

Deadline For Filing Income Tax Return Extended By 1 Month For Audit Cases

The new deadline of October 31 is applicable to special cases requiring audits. The Income Tax Department also said that a formal notificati...

Delhi Police Probes Lakshmi Vilas Bank Directors For Alleged Fraud

Religare Finvest (RFL) has accused Lakshmi Vilas of misappropriating Rs 790 crore it kept with the bank as a fixed deposit. from NDTV Prof...

Maruti Suzuki Cuts Price Of Baleno RS By Rs 1 Lakh

The company on Wednesday cut prices on 10 different models by Rs 5,000 each just ahead of the festive season. from NDTV Profit - Latest ht...

Sensex Erases Gains As Volatility Sets In; Auto, Metal Stocks Drag

Domestic stock markets swung between gains in losses on Friday morning amid weakness in Asian peers. The S&P BSE Sensex index recovered ...

Sensex, Nifty Likely To Open Lower Today

LIVE market updates (Sensex, Nifty today): On Thursday, the Sensex and Nifty had ended1.03 per cent and 1.15 per cent higher respectively, a...

Tribunal Dismisses ITC's Plea Against Hotel Leela's Assets Sale

The securities market regulator had allowed JM Financial Asset Reconstruction Company, which owns 26 per cent in Leela, to vote on the deal....

Liquidity Not A Crisis, Says Nirmala Sitharaman After Meeting Banks

Issues like liquidity, rate cut, credit disbursal were to be on the agenda between the Finance Minister and the lenders and financiers. fr...

Rupee Rises By 16 Paise To End At 70.88: 10 Things To Know

The rupee settled 16 paise higher against the dollar on Thursday. The local currency opened on a strong note at 70.99 and shuttled between a...

Make RBI Accountable For PMC Bank Problems: Unions To Finance Minister

According to the unions, RBI and the government should take criminal action on the top management of the PMC Bank for not classifying the hu...

SpiceJet Announces 46 New Domestic Flights, Details Here

Additionally, the carrieralso announced the on-boarding of Rajkot as its 54th destination on the domestic network with the introduction of a...

Axis Bank Raises Rs 12,500 Crore Via Qualified Institutions Placement

The QIP issuance was done at a price of Rs 629 per equity share at a tight discount of 1.44 per cent over the closing price of the issue ope...

RBI Raises Withdrawal Limit To Rs 10,000 From PMC Bank Account Holders

India has more than 1,500 small urban co-operative banks that typically service small local communities in certain districts or states. fr...

Sensex, Nifty Rebound Strongly On Possible US-China Trade Deal

All sector gauges except the Nifty IT index ended higher led by the Nifty Metal index's over 4 per cent jump. from NDTV Profit - Lates...

Reliance Jio Long Term Packs: Prices, Validity, Other Benefits Here

The country's telecom sector has witnessed high competition since the launch of billionaire Mukesh Ambani-owned Reliance Jio in Septembe...

Petrol, Diesel Prices Hiked Marginally After A Day's Pause

Petrol price, diesel price today: Currently, domestic prices of petrol and diesel are reviewed by oil marketing companies on a daily basis.A...

All You Need To Know About IRCTC Initial Public Offer

IRCTC IPO: IRCTC will sell its shares in the price band of Rs 315- Rs 320 between September 30 and October 3. The company is planning to rai...

Animal Spirits "Dull" As Consumer Demand Stays Subdued In India: Report

India's economic growth showed little signs of a recovery from a six-year-low and strengthens the case for more measures to bolster grow...

Rupee Carry Trade Gets A Boost From Government's Corporate Tax Cut

Carry trades work by investors borrowing in a lower-yielding currency, such as the yen or the euro, and putting the money into one with high...

Sensex Jumps 550 Points Amid Buying Across Sectors: 10 Things To Know

Domestic stock markets moved sharply higher on Thursday amid mild gains in Asian peers. The S&P BSE Sensex index added as much as 564.55...

Sensex, Nifty Likely To Open Higher Today

LIVE market updates (Sensex, Nifty today): The SGX Nifty futures were last seen trading 22.50 points - or 0.20 per cent - higher at 11,497.5...

Up To Rs 5 Lakh Insurance Free For Uber Riders In India

Uber has partnered with Bharti AXA and Tata AIG for the insurance scheme which will cover all riders in cars, autos and two-wheelers. from...

Sachin Bansal Pumps Rs 740 Crore In A Non-Banking Financial Company

The former CEO and co-founder of Flipkart will take charge as CEO of the micro-finance company CRID. from NDTV Profit - Latest https://ift...

IRCTC IPO To Open on September 30, Here's All You Need To Know

An IPO is a financial instrument through which an unlisted company offers shares to the public first time. from NDTV Profit - Latest https...

Depositors Protest As Curbs Put On PMC Bank

Depositors of the PMC Bank were informed on Tuesday they can withdraw only a sum of Rs 1,000 from their bank account over the next six month...

"Mischievous Rumours": No Question of Closing Any Bank, Tweets RBI

This is the second time in less than two years that policy makers have had to publicly come out in support of banks. from NDTV Profit - La...

Rupee Moves Lower To 71.04 Against Dollar: 10 Things To Know

The rupee settled 3 paise lower against the dollar on Wednesday. The local currency opened lower at 71.10, then lost further and fell to an ...

Social Media Rumours Of Banks Shutting Down False, Clarifies RBI

Messages are circulating in various social media platforms that nine banks will be closed down permanently by the RBI and appeals being made...

Ford Motor, Mahindra Likely To Sign Deal To Form Joint Venture: Report

The two companies have for months been structuring the deal to create a new entity in which Ford will hold a 49 per cent stake, while rival ...

Mukesh Ambani Tops 'Hurun India Rich List 2019'. Check Full List Here

London-based SP Hinduja and family, worth Rs 1,86,500 crore, retains the second rank in the list. from NDTV Profit - Latest https://ift.tt...

Sensex Plunges Over 500 Points, Nifty Settles Below 11,450

Banking and financial services shares were among the worst hit in today's session with the country's largest lender - State Bank of ...

SBI Plunges Over 7%, Posts Biggest One-Day Fall In 3 Years

At 3:05 pm, SBI shares traded 6.98 per cent lower at Rs 281.35 apiece on the BSE, outperforming the benchmark Sensex index which was down 1....

Fuel Prices Kept Unchanged: How Much You Pay For Petrol, Diesel Today

The domestic prices of petrol and diesel vary from city to city, depending on local taxes and transportation cost. from NDTV Profit - Late...

WeWork's Adam Neumann Steps Down As CEO

Two senior WeWork executives, Sebastian Gunningham and Artie Minson, were appointed as co-CEOs. from NDTV Profit - Latest https://ift.tt/2...

SpiceJet Eyes $10 Billion-Plus Airbus Deal, Chairman Ajay Singh Reveals

The discussions with Airbus threaten Boeing with a high-profile defection at a time when the U.S. planemaker is enmeshed in one of the bigge...

World's Wealthiest Families Are Stockpiling Cash As Recession Fears Grow

Jeffrey Gundlach, chief investment officer of DoubleLine Capital, said this month he thinks there's a 75 per cent chance of a U.S recess...

Maruti Suzuki Cuts Prices On Select Cars By Rs 5,000

Maruti Suzuki has cut ex-showroom price of Alto 800, Alto K10, Swift Diesel, Celerio, Baleno Diesel, Ignis, Dzire Diesel, Tour S Diesel, Vit...

Live: Sensex, Nifty Set To Open Lower; JSW Steel, Kaveri Seed In Focus

The Nifty Futures on Singapore Exchange also known as the SGX Nifty was down 0.17 per cent or 20 points at 10,612. from NDTV Profit - Late...

India Turns To United Arab Emirates For Extra LPG Imports: Official

The September 14 attacks on the Abqaiq and Khurais plants, some of the kingdom's biggest, halved the crude output of the world's top...

Reliance Communications Chief Executive Officer Bill Barney To Step Down

Anil Ambani-led RCom filed for bankruptcy earlier this year as lack of regulatory approval for asset sales hampered the company's effort...

Infosys Ranked Third In Forbes 'Best Regarded' Companies List

Infosys marked a huge improvement in the ranking as it jumped to the third position this year, from 31st position in 2018. from NDTV Profi...

Rupee Depreciates 7 Paise To Close At 71.01 Against Dollar: 10 Points

The Indian rupee on Tuesday depreciated by 7 paise to close at 71.01 against the US dollar as foreign fund outflows and a pause in equity ma...

Employees' Provident Fund Interest Rate Raised To 8.65% For 2018-19

In an EPF account, the employee contributes 12 per cent of the salary whereas an equal amount is contributed by the employer, according to t...

Corporate Tax Cut Bold Move, Will Attract Investors: Shaktikanta Das

Mr Das last week had said the government had limited fiscal space to support growth but low inflation can help the monetary authority to eas...

Onion Price Hike: Government To Consider Stock Limit On Traders

Prices have also picked up on a likely fall in Kharif production owing to the lower planted area under onion after excess rains, according t...

Petrol, Diesel Prices Rise For Eighth Day In A Row

The rate of diesel was at Rs 67.07 per litre in Delhi, Rs 69.49 per litre in Kolkata, Rs 70.37 per litre in Mumbai and Rs. 67per litre in Ch...

Sensex, Nifty Pause After Two Days Of Stellar Rally

Seven of 11 sector gauges compiled by National Stock Exchange ended higher led by the Nifty PSU Bank index's over 2 per cent decline. ...

Depositors Panic As RBI Imposes Rs 1,000 Withdrawal Limit On PMC Bank

The RBI's decision to put withdrawal limits for accountholders of PMC Bank led to protest by depositors outside bank's main branch i...

RBI Bars Punjab & Maharashtra Cooperative Bank From Business Transactions

The PMC Bank has been barred from granting, renewing and loans and advances, make any investments, accept fresh deposits, etc, without the p...

JioPhone 2 Recharge Plans: Prices, Validity, Data Benefits

The monthly packs of Rs 49, Rs 99 and Rs153 come with a validity period of 28 days each, whereas the long-term packs of Rs 297 and Rs 594 ha...

Countdown For Subhash Chandra, Anil Ambani Firms As Debts Threaten Stocks

Essel Group's Subhash Chandra is seeking to sell assets ranging from a stake in the nation's most valuable publicly traded TV networ...

State-Run Banks To Remain Shut For Two Days This Week As Strike Deferred

Trade unions of state-run bank staff on Monday called off a two-day strike scheduled this week. Four unions of PSU bank employees had called...

Sebi Slaps Rs 23 Crore Penalty On Aurobindo Pharma Promoters; Shares Fall

Sebi's penalty is for alleged insider trading violations done by Aurobindo Pharma's promoters between 2008 and 2009 when it entered ...

Bank Employee Unions Defer Two-Day Strike

In view of the consideration of the positive and workable solution by the Finance Secretary, the 48-hour strike stands deferred, a joint sta...

Sensex, Nifty Likely To Open Higher Today

Live market updates (Sensex, Nifty today): On Monday, the Sensex had ended 2.83 per cent higher at 39,090.03 - its highest closing level rec...

NRIs Can Now Apply For Aadhaar On Arrival Without 182-Day Wait

UIDAI circular said valid Indian passport will be accepted as proof of identity, proof of address (PoA) and date of birth document. from N...

Rupee Ends Flat At 70.94 Against Dollar

According to provisional data, foreign investors pumped in Rs 2,684 crore on a net basis in capital markets on Monday. from NDTV Profit - ...

Maruti Suzuki Sees Higher Sales In September

August domestic sales at Maruti Suzuki fell 34.3 per cent, one of the biggest monthly drops in sales in recent times. from NDTV Profit - L...

Corporate Tax Cut To Boost Smartphone Manufacturing: Executives

India slashed its headline corporate tax rate to 22 per centfrom 30 per centon Friday in a surprise gambit aimed at wooing manufacturers and...

Banks To Remain Closed For 4 Days In September: 10 Things To Know

Four unions of public sector bank (PSB) officers are set to go on 2-day strike on September 26-27, opposing the consolidation of 10 state-ru...

August Crude Imports Highest In 4-Months, Fuel Imports Peak

Fuel oil imports rose to 306,000 tonnes in August, a peak since PPAC data going back to at least 2011. from NDTV Profit - Latest https://i...

Traders Complain Of Glitch At National Stock Exchange Towards Session End

The Nifty index soared on Friday after Finance Minister Nirmala Sitharaman cut the effective corporate tax rate to around 25 per cent from 3...

Oil Prices Will Ease If Global Tensions Do Not Rise: Dharmendra Pradhan

Rising global oil prices are a major concern for India, the world's third biggest oil importer, which meets almost 84 per cemtof its oil...

ICICI Bank To Set Up 450 New Branches This Fiscal

ICICI Bank currently has a network of over 5,190 branches, extension counters and ATMs across the country. from NDTV Profit - Latest https...

Government Aims To Sell Air India, Other Firms By March 2020: Official

The government planned to sell Bharat Petroleum Corp, logistics firm Container Corp of India and debt-laden Air India before the end of the ...

Sensex Surges 1,075 Points; Markets Extend Its Biggest Rally In A Decade

Rally in banking and fast moving consumer goods shares supported the upmove in today's session. HDFC twins, ICICI Bank, Larsen & Tou...

Britannia Shares Hit 10-Month High Amid Large Volumes

Britannia share price today: After opening higher at Rs 2,919.00 apiece, Britannia shares were locked in the upper circuit at 20 per cent in...

Petrol, Diesel Prices Up For Seventh Straight Day: 10 Things To Know

State-run oil marketing companies rose petrol and diesel prices on Monday, marking a seventh straight day of hike in the fuel rates. With ef...

Petronet LNG Signs Agreement With US-Based Tellurian; Shares Erase Gains

Shares of Petronet LNG surged as much as 13.17 per cent to Rs 302 but erased gains and fell as much as 7.40 per cent to Rs 247.10 on the BSE...

Thomas Cook India Says Have No Correlation With Thomas Cook UK

Thomas Cook India's Chairman and Managing Director Madhavan Menon in an exchange filing on Saturday said that it is a completely separat...

SBI To Use Repo Rate As Benchmark For Floating Rate Loans From October 1

SBI said the change will impact floating rate loans for small businesses, home and retail loans. from NDTV Profit - Latest https://ift.tt/...

Sensex Surges 1,300 Points, Nifty Crosses 11,650; ITC Shares Jump 9%

Domestic stock markets registered sharp gains on Monday despite weakness in Asian peers, a session after clocking the biggest single day gai...

Sensex, Nifty Likely To Open Higher Today

Last Friday, the S&P BSE Sensex index had surged 1,921.15 points - or 5.32 per cent - to end at 38,014.62, in its best single-day gain i...

State-Run Bank Employees To Go On Strike On September 26, 27

On August 30, Finance Minister Nirmala Sitharaman announced four mergers of banks, a move she said would result in 12 public sector banks in...

No Erosion In Asset Quality Post United Bank, Oriental Bank Merger: PNB

Under the consolidation, the three banks will be merged into one entity to make the second-largest PSB with a business of Rs 17.95 lakh cror...

SBI Withdraws Repo-Linked Home Loan Scheme, Details Here

RLLR or repo-linked lending rate means that any changes in the key interest rate by the central bank are passed on directly to the customers...

Hoteliers Expect Rise In Occupancy Post GST Rate Cut

Sanjeev K Nayar, General Manager, ITC WelcomHeritage said that the Council's decision to lower GST on room tariffs 'will certainly i...

Onion Prices Surge To Rs 70-80 Per Kg

As per the data maintained by the consumer affairs ministry, retail onion prices rose to Rs 57/kg in Delhi, Rs 56/kg in Mumbai, Rs 48/kg in ...

ICICI Bank Revises Fixed Deposit Interest Rates, Details Here

ICICI Bank has slashed the FD interest rates applicable on the maturity periods of 46 days to 60days, 61 days to 90 days and 91 days to 120d...

Petrol Price Rises By Rs 1.59 Per Litre In Last Six Days

Petrol price was on Sunday hiked by 27 paise to Rs 73.62 a litre in the Delhi market -- the benchmark for national rates, according to a pri...

Petronet Signs Liquefied Natural Gas Deal With Tellurian

Sources told Reuters on Friday that Petronet would sign a memorandum of understanding with Tellurian to invest $2.5 billion for rights of up...

Corporate Tax Cut Credit Positive, But Raises Fiscal Risks: Moody's

The move is credit positive for companies because it will enable them to generate higher post-tax incomes. from NDTV Profit - Latest https...

US Corporate Sector Hails India's Move To Slash Tax Rate For Companies

Finance Minister Nirmala Sitharaman said the reduction in tax rates was done by promulgating an ordinance to an amendment to the Income Tax ...

Supply Shortage Sends Onion Prices Soaring To 4-Year High

Onion was quoted 25 per cent higher on Friday at Delhi's Azadpur Mandi, a major market of the Agriculture Produce Marketing Committee (A...

Restaurant Body Slams Zomato For Extending 'Gold' Programme To Delivery

NRAI also said that it continues to remain firm in its belief that Zomato Gold in its current form is an unacceptable proposition. from ND...

Lenders of IL&FS ''Amber'' Companies Refuse Green Light

In the case of another 'amber' entity, ITNL Road Infrastructure Development Company (IRIDCL), the settlement agreement contemplates ...

Here's Everything You Need To Know About JioFiber Monthly Plans

Each of the six JioFiber packs comes with features including free voice calls across the country, TV video calling and gaming services, acco...

Banks' Credit Must Grow 12% To Meet $5 Trillion Economy Target: SBI

PSBs are under pressure to meet the capital adequacy requirements under Basel III and looking at the government support for capital, SBI Dep...

Gold Demand In India Seen Muted Ahead Of Festivals

Gold futures were trading around 37,500 rupees per 10 grams on Friday after falling to their lowest level since August 13 earlier in the ses...

GDP Growth Expected To Be Better In September Quarter: Shaktikanta Das

He said for the first quarter, the RBI analysis showed growth to be at 5.8 per cent and all the surveys it did also projected growth to be i...

Rupee Rises By 40 Paise To Settle At 70.94 Against Dollar

Finance Minister Nirmala Sitharaman slashed corporate tax by almost 10 percentage points as the government looked to pull the economic growt...

Fuel Rates Hiked Across Metros, Check Petrol, Diesel Rates Here

State-run oil marketing companies review the domestic fuel prices on a daily basis and any revisions are implemented at the fuel stations wi...

Investors Become Richer By Nearly Rs 7 Lakh Crore In A Day

The bull market led the market capitalisation of the BSE-listed companies to soar Rs 6,82,938.6 crore to Rs 1,45,37,378.01 crore in single d...

India Inc Welcomes Government's Tax Relief Announcements

The government will bear a massive Rs 1.45 lakh crore per year to support its move to reduce corporate tax. The new tax structure is effecti...

Rating Firm S&P Global Says Corporate Tax Cuts 'Credit Negative'

The government slashed corporate taxes on Friday, giving a surprise $20.5 billion break aimed at reviving private investment and lifting gro...

Sensex Ends 1921 Points Higher, Nifty Settles At 11,274

Domestic stock markets skyrocketed on Friday with the Sensex index soaring 2,284.55 points in its biggest intraday gain in more than a decad...

Government Slashes Corporate Tax Rate, What It Means For You

Ms Sitharaman said that the effective corporate tax rate will be lowered to 25.2 per cent from 30 per cent, which she said would be at par w...

Wrong To Say India On 5% Growth Trajectory: Bibek Debroy

Bibek Debroy said GST collection has been revenue negative so far instead of being revenue neutral. from NDTV Profit - Latest https://ift....

India Stocks Poised For Biggest Jump in a Decade on Tax Cuts

The move follows announcements over the past month to boost consumer demand, bolster imports and attract investments into the country. fro...

Rupee Surges By 65 Paise Against Dollar After Corporate Tax Cut

At 1:20 pm, the rupee traded 34 paise - or 0.48 per cent - higher at 70.98 against the US currency. from NDTV Profit - Latest https://ift....

Government's Big Move On Corporate Tax: What It Means - 5 Points

The centre's move today to reduce corporate tax on domestic companies had an immediate effect on the markets, with the S&P BSE Sense...

How Experts See Corporate Tax Rate Cut - Early Reactions

Finance Minister Nirmala Sitharaman told a news conference that the effective corporate tax rate will be lowered to around 25 per cent from ...

In Corporate Tax Rate Cut, A 1.4 Lakh Crore Boost To Promote Growth

India cut tax on local businesses to one of the lowest rates in Asia, while providing a more than $20 billion boost to revive economic growt...

Sensex Up Over 1,300 Points, Nifty Hits 11,000 After Corporate Tax Bonanza

The broader NSE Nifty benchmark index climbed to as much as 10,970.75 after the announcement, up 265.95 points from the previous close. fr...

1.45 Lakh Crore A Year Estimated Revenue Foregone After Corporate Tax Slashed

These set of amendments are being brought about in taxation laws through an Ordinance to amend the Income-tax Act, 1961, the Finance Ministe...

India Still A Good Investment Story, Says Asset Management Giant Aberdeen

International money managers have sold $4.7 billion of the nation's shares since June, with quarterly outflows on course for the biggest...

Sensex, Nifty Likely To Open Higher Today

On Thursday,the Nifty had fallen 1.25 per cent to end at its lowest closing level recorded since February 19, and the Sensex shed 1.29 per c...

Government Committed To Supporting Small Businesses: Nirmala Sitharaman

Each public sector bank will conduct an outreach programme aimed at taking advantage of the festive season, the Finance Minister said. fro...

Government Likely To Unveil Measures To Boost Growth: Report

"We are waiting for the approval from the prime minister's office, and the measures could be announced on Friday," a governmen...

Banks To Hold Public Meets With Shadow Banks To Give Credit: Minister

During the public meetings, credit will be provided for retail, agriculture, MSME and housing sector, among others. from NDTV Profit - Lat...

No Stressed MSMEs To Be Declared Bad Loan: Finance Minister

At a press conference after meeting PSU bank heads, Finance Minister Nirmala Sitharaman said there already exists a circular from the Reserv...

Amazon Opens Largest Fulfilment Centre In West Bengal

It will double the storage capacity and also lead to creation of substantial job opportunities in the state. from NDTV Profit - Latest htt...

Little Space For Any Fiscal Expansion By Government: Shaktikanta Das

Shaktikanta Das expects US Fed's latest rate cut to boost fundinflows into the country, but need to be vigilant about the nature of such...

Government Tells Tech Firms To Protect User Privacy, Prevent Abuse

Technology firms have been concerned that the government's drive to step up measures to boost local data storage will increase investmen...

Rupee Moves Lower To 71.34 Against Dollar: 5 Things To Know

The rupee settled 10 paise lower against the dollar on Thursday. The local currency opened on a strong note at 71.36 and shuttled between a ...

Government Approves 8.65% Interest Rate On Provident Fund For 2018-19

The government has approved 8.65 per cent interest rate on employees' provident fund (EPF) for 2018-19, reported news agency Press Trust...

HDFC Bank Shares Rise After Going Ex-Stock Split

After the ex-split HDFC Bank shareholders will now have two shares of face value of Re 1 instead of one share of face value of Rs 2 each. ...

How To Transfer PF Balance With Previous Employer To New Employer

Employees' Provident Fund Organization or EPFO, the nodal agency that monitors Employees' Provident Fund contributions, allows the s...

Sensex Slumps Over 550 Points Breaks Below 37,000, Nifty Below 10,700

Reliance Industries, ICICI Bank, Infosys, Tata Consultancy Services and IndusInd Bank were among the top drags on the Sensex. from NDTV Pr...

SBI Now Pays These Interest Rates On Fixed Deposits Up To Rs 2 Crore

State Bank of India (SBI) interest rates: The country's largest bank currently pays interest at the rates of 4.50-6.50 per cent on fixed...

Jio Offers 1.5-5 GB Per Day Data Plans Starting From Rs 149, Details Here

Jio recharge news: Recharge plans for usage of 1.5 GB of data per day starts at Rs. 149 and for 5 GB data per day, the recharge plan is for ...

Mukesh Ambani Bolsters Hold Over Reliance Industries With Stake Hike

Reliance Services and Holdings, Mr Ambani's firm, acquired 17.18 crore equity shares or 2.71 per cent stake on September 13. from NDTV...

Why India's Equity Mutual Fund Fees Rank Among Worlds Most Expensive

The country's asset-weighted median expense ratio for equity mutual funds is 1.93%, according to a study of by Morningstar Inc. from N...

Petrol, Diesel Prices Hiked For Third Straight Day. Check Rates Here

Petrol, diesel prices today: Oil marketing companies such as state-run Indian Oil Corporation currently review the fuel prices on a daily ba...

US Central Bank Cuts Interest Rates, Signals Holding Pattern For Now

Federal Reserve Chairman Jerome Powell said the rate cut was designed "to provide insurance against ongoing risks" including weak ...

Sensex, Nifty Likely To Open Lower Today

At 8:24 am, the SGX Nifty futures trading on the Singapore Exchange were down 11.00 points - or 0.10 per cent - at 10,845.00. The Singapore ...

Finance Minister To Review State-Run Banks' Merger Preparedness: Report

Finance Minister Nirmala Sitharaman will meet the heads of PSU banks on Thursday to discuss merger-related issues and review their preparedn...

Reliance Jio Tops Subscription Race In July; Airtel, Vodafone Idea Lose

Jio added 85.39 lakh customers in July to take its total subscriber base to 33.97 crore, data released by the Telecom Regulatory Authority o...

Government Open To Selling Part Of Air India To Foreign Airline: Report

Government is open to selling a partial stake in debt-laden state-run carrier Air India to a foreign airline, people familiar with the matte...

Rupee Snaps 2-Day Losing Streak, Rises 54 Paise Against Dollar: 10 Points

The Indian rupee snapped its two-day falling streak against the US dollar on Wednesday on the back of falling crude oil prices. However, out...

Centre To Move GST Council Over "Hefty" Tax On Hotel Rooms

Currently GST at the rate of 28% is charged on hotel rooms with tariffs over Rs 7,500 and 18% on rooms which are priced between Rs 2,500-7,5...

Monsoon Rains Above-Average For Third Straight Week: Weather Department

Monsoon rains are crucial to farm output and economic growth because the agricultural sector accounts for about 15 per cent of India's $...

RBI's Risk Weightage Cut On Consumer Loan Is Credit Negative: Moody's

On September 12, the Reserve Bank of India reduced risk weightage on consumer loans such as personal loans to 100 per cent from 125 per cent...

Sensex, Nifty Snap Two-Day Losing Streak As Metal Shares Advance

Seven of 11 sector gauges compiled by National Stock Exchange ended higher led by the Nifty Realty index's 1.5 per cent gain. from NDT...

11 Lakh Railway Staff To Get 78 Days Wage As Bonus

The bonus will cost the government Rs 2,024 crore, Union Minister Prakash Javadekar said. from NDTV Profit - Latest https://ift.tt/2At7Omx...

Five Ways US Central Bank's Expected Rate Cut Could Affect Consumers

The US central bank is expected to cut its benchmark rate by one quarter of a percentage point to a range of 1.75-2 per cent, the second rat...

LED/LCD Televisions To Get Cheaper As Government Scraps Import Duty

In June 2017, the government had imposed a custom duty of 5 per cent on import of such panels. from NDTV Profit - Latest https://ift.tt/2L...

Government To Invite Bids From Global Coal Miners Before 2019-End: Report

The coal block auctions are intended to attract global miners such as Glencore PLC, BHP Group, Anglo American PLC and Peabody Energy Corp. ...

How To Find Out Today's Petrol, Diesel Prices Through SMS

Indian Oil Corporation, the country's largest fuel retailer, provides an SMS-based service to the consumers, which enables them to recei...

Reliance Jio To Be Among Top 100 Global Brands In 3 Years: Report

The report titled -BrandZ Top 100 Most Valuable Global Brand for 2019-, which stated that Indian consumers see Reliance Jio as -meaningfully...

Petrol, Diesel Prices Hiked For Second Straight Day. Check Latest Rates

Petrol, diesel price today: Currently, domestic prices of petrol and diesel are reviewed by oil marketing companies such as Indian Oil on a ...

Sensex, Nifty Likely To Open Higher Today

Overnight in the US, shares ticked up a tad on Tuesday with the S&P 500 gaining 0.26 per cent. from NDTV Profit - Latest https://ift.t...

Nirmala Sitharaman May Announce More Fiscal Measures: Report

Before that she had announced rollback of the enhanced surcharge imposed on foreign portfolio and domestic investors in Budget 2019-20. fr...

Sebi Bars Former CG Power Chairman Gautam Thapar From Stock Markets

Along with Gautam Thapar, Executive Director Madhav Acharya, VRVenkatesh, and non-excutive Director B Hariharan were also named in the order...

Airtel Payments Bank Launches Bharosa Savings Account, Details Here

Airtel Payments Bank said it aims to create formal banking behaviours of usage and transactions through a bank account, all accessed through...

Shadow Lender DHFL's Resolution Plan Hits Roadblock

The process has been further complicated as certain bondholders have also initiated a process to take DHFL to bankruptcy court, the custodia...

Rupee Settles Lower At 71.78 Against Dollar: 10 Things To Know

The rupee settled 18 paise lower at 71.78 against the US dollar on Tuesday. The local currency opened lower at 71.83 and declined to an intr...

Blackstone Group, Salapuria Sattva To Buy Coffee Day's Tech Park

The shares of Coffee Day Enterprises on the BSE settled at Rs 72.75 on Tuesday, lower by Rs 1.55, or 2.09 per cent, than its previous close....

Over 6 Crore Provident Fund Accounts To Be Credited With 8.65% Interest

Over 6 crore Employees' Provident Fund Organization (EPFO) accounts will be credited with interest amount at 8.65 per cent rate for 2018...

Petrol, Diesel Prices Increase Today

Brent crude, the international benchmark, fell 0.96 per centto $68.39 per barrel on Tuesday. from NDTV Profit - Latest https://ift.tt/2Qfg...

Sensex Slumps 700 Points, Nifty Turns Negative For 2019: 10 Points

Indian equity markets suffered sharp losses on Tuesday amid heavy selling pressure as fears of rising crude oil prices and weakness in the r...

Over 6 Crore Provident Fund Subscribers To Get 8.65% Interest For 2018-19

The Central Board of Trustees -- the apex decision-making body of the Employees'' Provident Fund Organisation (EPFO) -- had approved...

Kaveri Seeds Shares Rise 3%, Board To Consider Buyback On September 24

Kaveri Seeds share price today: By noon, 9,184 Kaveri Seed shares had changed hands on the BSE, as against an average of 23,000 in the past ...

Saudi Arabia Shockwaves Rattle Indian Markets

Saudi Arabia is the second largest country India imports oil from. If the oil prices continue to rise, it could widen India's current ac...

Sensex, Nifty Likely To Open Lower Today

The Sensex and Nifty had ended 0.70 per cent and 0.65 per cent lower respectively on Monday, suffering their worst single-day fall in two we...

RBI Allows Payment Of All Recurring Bills Via Bharat Bill Payment System

As per BBPS website, the facility would be expanded to include other types of repetitive payments like insurance premium, mutual funds, scho...

Allahabad Bank Board Approves Merger With Indian Bank

Finance Minister Nirmala Sitharaman had on August 30 announced the consolidation of 10 state-run banks into four large-scale lenders. from...

Air India Assets Holdings' Rs 7,000 Crore Bonds Oversubscribed

Air India has a total debt of about Rs 60,000 crore and nearly half of it is to be repaid by the proceeds from issue of bonds by AIAHL. fr...

Rupee Plunges By 68 Paise To End At 71.60 Against Dollar: 10 Points

The rupee on Monday settled 68 paise lower at 71.60 against the US dollar. That marked first fall for the domestic currency in eight session...

Saving Deposits Of Banks Rose To Rs 39.72 Lakh Crore In 2018-19: RBI

The aggregate saving deposits of public and private sector banks (PSBs) stood at Rs 39.72 lakh crore as on March 31, 2019, according to Rese...

5% Growth A Surprise, Analysing Why It Happened, Says RBI Governor

Mr Das said the monetary policy committee would continue to focus on growth with inflation expected to stay within the medium term target. ...

Bank Officer's Union Threaten To Go On Strike: 10 Things To Know

Four officers' organizations of public sector banks (PSBs) have threatened to go on strike opposing the consolidation of 10 state-run le...

Sensex Falls 262 Points, Stages Biggest Fall In Two Weeks

Thirteen of 19 sector gauges compiled by BSE ended lower led by the S&P BSE Oil & Gas index's 1.6 per cent decline. from NDTV ...

Rupee Falls Over 1% Against Dollar As Crude Oil Rates Soar: 10 Points

The rupee depreciated by as much as 75 paise - or 1.06 per cent - against the US dollar hurt by soaring crude oil prices. After opening at 7...

Fuel Rates To Rise If Crude Price Stays High: Hindustan Petroleum

Fuel marketing companies fix the price of petrol and diesel at retail outlets based on an average of last 15 days of benchmark price of petr...

Oil Refiners Slump As Global Crude Prices Surge Nearly 20%

The S&P BSE Energy and Oil & Gas sectoral indices fell 2.55 per cent and 2.02 per cent respectively. from NDTV Profit - Latest htt...

Wholesale Inflation At 1.08% In August

In the previous month, wholesale inflation - determined by the Wholesale Price Index (WPI) - had eased to a 25-month low of 1.08 per cent.Wh...

Unit Of Anil Ambani's Reliance Communications Files For Bankruptcy

Anil Ambani has been waging a war on debt, and Reliance Group has said that it planned to raise about Rs 21,700 crore by selling assets from...

Crude Oil Soars After Attack On Saudi Plants Shuts In 5% Of Global Supply

Brent crude futures, the international benchmark for crude oil, rose by as much as 19.5 per cent to $71.95 per barrel, the biggest intraday ...

Governments 70,000-Crore Stimulus No "Game Changer", Say Some Economists

On Saturday, Finance Minister Nirmala Sitharaman said the tax refund program for exporters from January 1 will cost the government Rs 50,000...

Sensex, Nifty Likely To Open Sharply Lower Today

LIVE market updates: On Friday, the Sensex and Nifty had ended 0.76 per cent and 0.85 per cent higher, clocking a gain of 1.09 per cent and ...

Government Steps For Housing, Exports To Support Economy: FICCI

The industry body welcomed the government's move a day after Finance Minister Nirmala Sitharaman announced steps to help the nearly stal...

10 Things To Know About SBI Minimum Balance Requirements

State Bank of India or SBI, country's largest lender, has set certain rules to ensure sufficient balance in the regular bank accounts of...

Saudi Shares Slump After Oil Facility Attacks

The key energy sector plunged 4.7 per cent, while the telecom and banking sectors each slid three per cent. from NDTV Profit - Latest http...

HDFC Bank Revises Fixed Deposit Interest Rates, Details Here

According to the latest HDFC Bank FD rates, the bank is offering 6.60 per cent interest rate on maturity period of one year to the general p...

Aadhaar Compulsory For New Dealers From January 2020

The GST Network has also decided to complete online refunding from September 24 from the central GST or the state GST. from NDTV Profit - ...

Vistara Announces New Flights, Details Here

The announcement from Vistaracomes amid high competition in the country's civil aviation market. from NDTV Profit - Latest https://ift...

Stimulus Measures To Push Share Markets Higher, Say Experts

On Saturday, Finance Minister Nirmala Sitharaman announced a fresh set of measures to boost exports and the housing sector. from NDTV Prof...

Punjab National Bank Merged Entity To Become Operational From April 1

The lenders said that there will no retrenchment of staff in the merged entity. from NDTV Profit - Latest https://ift.tt/31oAvwK

Dubai-Like Annual Shopping Fest In 4 Cities From 2020: Finance Minister

The shopping festivals will be in four different themes: Gold and jewellery, handicrafts/yoga/tourism, textiles and leather, an official rel...

Rs 10,000 Crore Funding To Boost Affordable Housing: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman said the government would relax external commercial borrowing guidelines for projects in the country...

Government To Provide Rs 10,000 Crore To Boost Affordable Housing

Finance Minister Nirmala Sitharaman said the government would also relax external commercial borrowing guidelines for projects in the countr...

Finance Minister Nirmala Sitharaman Announces Steps To Promote Exports

The Remission of Duties or Taxes on Export Product scheme will in effect -more than adequately incentivise exporters than the existing schem...

Clear Sign Of Revival In Industrial Production: Nirmala Sitharaman

the Finance Minister said the industrial production growth has clearly improved till the end of July compared to the last quarter of financi...

SBI Opens 14th Branch In Ladakh. Guess Where Is It Located?

SBI branches: State Bank of India (SBI) said the new branch is located in Diskit, Nubra Valley (District Leh). SBI said the branch is about ...

Bank Employee Unions Warn Of Strike. Heres All You Need To Know

Bank strike to lead to four-day bank holiday: The two-day strike will begin on the midnight of September 25. The unions have also mentioned ...

Anil Ambani-Led Reliance Home Finance Debt Instruments Downgraded By CARE

Reliance Home Finance has been directed by lenders led by the lead bank to keep servicing only the interest obligation across all lenders. ...

Traders' Body Seeks Ban On Amazon, Flipkart's Festive Season Sale

CAIT also demanded a "blanket ban" on such sales and asked the government to probe the potential violation of FDI norms. from ND...

London Stock Exchange Rejects Hong Kong's $39 Billion Takeover Offer

LSE shares rose on the news of the offer rejection and were trading up 3.3 per cent at at 7,486 pence at 1405 GMT. from NDTV Profit - Late...

Banks' Loans Rise 10.2% In Two Weeks To August 30: Reserve Bank Of India

Outstanding loans rose Rs 9 lakh crore to Rs 96.81 lakh crore in the two weeks ended August. 30. from NDTV Profit - Latest https://ift.tt/...

Exports Decline 6% To $26.13 Billion; Trade Deficit Narrows

Export sectors that recorded positive growth in the last month include iron ore, electronic goods, spices, and marine products. from NDTV ...

Rupee Surges For Seventh Day In A Row, Ends 22 Paise Higher

The rupee surged for a seventh straight session on Friday to close at 70.92 per US dollar, up 22 paise, as softening crude oil prices and ea...

GST Council Meets Next Week; Tax Cut To Hinge On Revenue Position: Report

The GST Council, headed by Union Finance Minister Nirmala Sitharaman and comprising representatives of all states and Union Territories (UTs...

Government Curbs Onion Shipments By Imposing Minimum Export Price

Wholesale prices in India's largest onion trading hub, Lasalgaon in Maharashtra, have nearly doubled in a month to Rs 29,500 per tonne. ...

Police Probing Budweiser Beer Maker In Tax Evasion Case: Report

Local authorities barred AB InBev, the world's largest brewer, in July from selling its beer in the high profile New Delhi market for ev...

Lenders Meet On Altico's Potential Restructuring Deal Next Week: Report

A regulatory filing disclosed the Altico had defaulted on the gross principal amount of Rs 340 crore. The interest payment comes to Rs 19.97...

Flexi-Fare Scheme Removed For Humsafar Express Trains

The relief will be applicable to 35 pairs of Humsafar trains, which currently have only AC 3-tier classes, the official said. from NDTV Pr...

Nifty Resumes Upmove After A Day's Breather Led By IT, Banking Shares

All sector gauges barring the Nifty Pharma index ended higher led by the Nifty Realty index's 1.5 per cent gain. from NDTV Profit - La...

No Document Required For Updating Aadhaar Photo, Mobile, Email: UIDAI

Aadhaar mobile number update: In order to obtain an Aadhaar number, individuals are required to provide certain demographic and biometric in...

Rupee Extends Gain To 7th Day, Edges Past 71 Mark Against Dollar

Rupee vs dollar (INR vs dollar) currency exchange rate today: The rupee moved in a range of 70.88-71.03 against the greenback in the first h...

Daunting Odds As India Targets $1 Trillion In Exports In 5 Years

Achieving that export goal is key to making India a $5 trillion economy, Commerce Minister Piyush Goyal said. from NDTV Profit - Latest ht...

Sensex, Nifty Set To Open On A Flat Note Today

LIVE stock market updates: On Thursday, ahead of the release of macroeconomic data, the S&P BSE Sensex had ended 166.54 points - or 0.45...

Indian Exporters Must Capitalise On US-China Trade Dispute: Piyush Goyal

The government will soon come up with a credit scheme for exporters with enhanced insurance cover up to 90%, said Piyush Goyal. from NDTV ...

Air India Assets Holdings To Raise Rs 22,000 Crore Through Bonds

Air India Assets Holdings Ltd (AIAHL) bonds: The first tranche worth Rs 7,000 crore is set to hit the market on September 16. from NDTV Pr...

Zomato Layoffs Erase Rs 2,600 Crore From India's Info Edge

Info Edge shares, which rose 1% on September 9, have since fallen 10% as investors saw the layoffs as a sign the slowdown in consumption is ...

Retail Inflation Rises To 3.21% In August, Here's What Expert Says

Annual retail inflation in August was slightly higher compared with 3.15 per cent in the previous month, and in line with analysts' fore...

Consumer Inflation Hits 10-Month High Of 3.21% In August: 10 Points

Consumer inflation came in at 3.21 per cent in August, government data showed on Thursday. That marked the highest level recorded since Octo...

Bank Officers' Union Threatens To Go On 2-Day Strike Against Mergers

A union leader also said that the nationalised banks will further observe indefinite strike from the second week of November to press for th...

Consumer Inflation At 3.21% In August

Thursday's data also meant consumer inflation came in below the Reserve Bank of India's medium-term target of 4 per cent for the thi...

Rupee Advances By 53 Paise To Settle At 71.13 Against Dollar

The local currency opened higher at 71.43 and advanced to an intraday high of 71.09 against the American currency before ending at 71.13. ...

India Must Get Back To 19-20% Export Growth: Piyush Goyal

Trade deficit during the month shrank significantly to $13.43 billion from $18.63 billion in July 2018 as imports contracted 10.43 per cent ...

Sensex Closes 167 Points Lower, Nifty Gives Up 11,000

Top laggards on the Sensex index were Yes Bank, Tata Motors, Maruti Suzuki and Axis Bank, which settled between 4.68and 2.74 per cent lower....

Tata Motors Share Fall 5%

Sales of its commercial vehicles and the Tata Daewoo range declined 45 per cent to 25,366 units during the month, it said. from NDTV Profi...

Top Court Sets Aside Bail Granted To Bhushan Steel's Former CFO

Nittin Johari was arrested by the SFIO on May 2 for alleged fraudulent activities, including filing false documents with various banks. fr...

Walchandnagar Industries Wins Rs 77-Crore Deal From ISRO, Shares Surge

Walchandnagar Industries said it has been a strategic partner to the Indian Space Research (ISRO) since the 1970s. from NDTV Profit - Late...

US Briefly Overtakes Saudi Arabia As Top Oil Exporter

The Paris-based agency maintained its estimate for growth in global oil demand during 2019 at 1.1 million bpd and 1.3 million bpd for next y...

Five Simple Tips To Improve Your Eligibility For A Personal Loan

If you are not adequately prepared, the emergency can burn a hole in your pocket, or worse, cause irreparable damage to your financial healt...

Failure To Furnish Tax Return Not To Be Prosecuted In Court: Tax Body

The directive is being seen as a major move to cut down tax litigation and will save a number of assessees from legal proceedings. from ND...

Rupee Moves Higher To 71.40 Against Dollar

INR vs USD: After opening higher at 71.43 against the greenback, the rupee climbed to as much as 71.40 at one point by early morning deals. ...

United States, China Grant Trade Concessions As Fresh Talks Loom

China's decision to exempt some US goods was a "big move" by Beijing and a positive gesture before trade negotiators from both...

Sensex, Nifty Likely To Open Higher Today

BSE Sensex today: On Wednesday, the S&P BSE Sensex index had ended 86.48 points - or 0.23 per cent - higher at 37,231.93 and the broader...

Saudi Aramco Gives 9 Banks Top Roles On World's Biggest IPO: Report

Aramco raised $12 billion this year in its first international bond, gaining more than $100 billion in demand. from NDTV Profit - Latest h...

Supreme Court Warns Amrapali Homebuyers On Payment Dues

The top court cleared the modalities by which the homebuyers can be put to notice for clearing outstanding amounts. from NDTV Profit - Lat...

ICRA Cuts Rating Of Coffee Day's Long-Term Loans

The rating action follows the delay in debt servicing by CDEL's flagship subsidiary Coffee Day Global Limited and Sical group of compani...

Centre Proposes To Lower Majority Stake In Some State-Run Firms: Report

In 2018-19, the government raised Rs 84,972 crore from CPSE disinvestment, while in 2017-18, the figure was Rs 1,00,056 crore. from NDTV P...

India Wants Industry Protected In China-Backed Trade Deal: Piyush Goyal

Talks are ongoing to negotiate the China-initiated Regional Comprehensive Economic Partnership (RCEP), Piyush Goyal said. from NDTV Profit...

Rupee Ends Higher For Fifth Straight Day Against Dollar

The rupee on Monday had closed at 71.71 against the US dollar. Forex market was closed on Tuesday on account of Muharram. from NDTV Profit...

Gold Prices Fall Due To Delay In Festive Demand

In the global market, gold prices were trading higher at $1,490 an ounce in New York and silver was also up at $18.10 per ounce. from NDTV...

Shadow Banks Pulling Back On Loans To Small Businesses: Moody's

Moody's does not expect LAP lending by NBFCs and HFCs to pick-up significantly in the next few months. from NDTV Profit - Latest https...

Government In Talks With States On Auto Sector GST: Nitin Gadkari

the country's automobile industry, which has been heavily dented by the consumption slowdown, has been demanding a reduction in GST from...

India's Fuel Demand Rises 2.8% In August, At 9-Month Low

Diesel sales fell 1.1 per cent to 6.12 million tonnes, its first year-on-year percentage decline in nine months. from NDTV Profit - Latest...

How To Upload Driving Licence In Your DigiLocker Account

DigiLocker, a cloud-based government platform, has partnered with the Ministry of Road Transport and Highways for making available digital d...

Nifty Gains For Fifth Straight Day; Auto, Realty Shares Surge

Eight of 11 sector gauges compiled by BSE ended higher led by the Nifty Realty index's 4.14 per cent gain. from NDTV Profit - Latest h...

Hong Kong Exchanges Propose $39 Billion London Stock Exchange Takeover

"The board of HKEX believes a proposed combination with LSEG represents a highly compelling strategic opportunity to create a global ma...

Lending Rates Likely To Come Down Going Forward: Kotak Equities

The report said wholesale deposit cost has declined sharply by 70 bps in August 2019 taking the total decline in the current fiscal year to ...

Workers Hit Hard By Ashok Leyland's Shutdown

Ashok Leyland's combined sale declined by 50 per cent in August with a total sale of 8,296 vehicles against 16,628 vehicles sold in Augu...

Indian AI Content Start-Up Gets $ 45 Million From Peter Thiel's Mithril

Mithril Capital, co-founded by Silicon Valley investors Thiel and Ajay Royan, is putting in the money as part of a larger financing round, a...

India, China Feud Delays Huge Regional Free Trade Deal

Covering nearly half of the globe's population, the Regional Comprehensive Economic Partnership was proclaimed "the world's big...

Yes Bank Shares Jump 8% After CEO Says Lender Near Deal To Sell Stake

Yes Bank share price: On the NSE, Yes Bank shares opened higher at Rs 66 apiece and rose to as much as Rs 68 apiece, marking an increase of ...

Nifty Set To Open Higher Today; Yes Bank Shares In Focus

Sensex, Nifty today: On Monday, the Sensex had risen 163.68 points - or 0.44 per cent - to end at 37,145.45, while the Nifty settled at 11,0...

Auto, Manufacturing Firms Lose One-Third In Market Value In A Year

During the period in consideration, the Nifty metal index has lost the most among the 11 sectors constituting the benchmark index. from ND...

IL&FS Receives Bids Of Rs 13,000 Crore For 10 Road Assets

The bids for the road assets were opened on September 9 and the IL&FS Board is evaluating these offers. from NDTV Profit - Latest http...

Amit Shah-Led Panel To Take Call On Air India Reserve Price: Report

In the financial year ending March 31, 2019 Air India is estimated to have reported a loss of Rs 7,600 crore. from NDTV Profit - Latest ht...

Cost Of Refinery Project With Aramco To Rise, Says Dharmendra Pradhan

The project is expected to cost $60 billion, sources told Reuters at the time, but is still expected to be commissioned in 2025. from NDTV...

Post Office Offers Public Provident Fund Account, Details Here

The post office public provident fund account offers an interest of 7.9 per cent per annum, which is compounded yearly. from NDTV Profit -...

Infrastructure Funding Will Start After Panel Report: Nirmala Sitharaman

A task force is in the process of identifying the infrastructure projects to be funded, said Finance Minister Nirmala Sitharaman. from NDT...

IndiGo Announces New International Flights, Details Here

The new flights are designed to cater to business and leisure travellers, who are constantly on the lookout for new and affordable flying op...

Goldman Sachs Cuts 2019 Oil Demand Growth Forecast

Crude oil prices have shed nearly 20 per cent from 2019 highs hit in April, partly because of an escalating trade war between the US and Chi...

Jack Ma Steps Down as Alibaba's Chairman

Jack Ma, who turned 55 on Tuesday, announced last year that he would retire within a year, with the company CEO Daniel Zhang taking over as ...

RBI External Benchmark For Bank Loans Credit Negative: Moody's

The new external reference rate could either be the central bank's key lending, repo rate, or the three-month or six-month treasury bill...

Yes Bank Nears Deal To Sell Stake To Tech Firm: Ravneet Gill

Shares in Yes Bank closed on Monday at Rs 63, 77 per centbelow trading levels at the start of the financial year on April 1. from NDTV Pro...

SBI Revises Fixed Deposit (FD) Interest Rates From Today

In a separate announcement,SBI has reduced its benchmark lending rate by ten basis points or 0.10 percentage points across all tenors. fro...

Rs 12.5 Lakh Crore of Investors' Wealth Gone In 100 Days Of Government

The Sensex has slumped 5.96 per cent or 2,357 points and the NSE Nifty 50 index has dropped 7.23 per cent or 858 points since May 30. from...

SBI Home Loans Get Cheaper From Today, Details Here

State Bank of India's MCLR, the rate to which all of its loans are linked, now stands at 8.15 per cent for the one-year tenor, from 8.25...

Financial Markets To Remain Closed On Tuesday For Muharram

The rupee, on the other hand, settled flat at 71.71 against the US dollar. from NDTV Profit - Latest https://ift.tt/31ceAJ9

IL&FS To Run Gurgaon Metro Till September 17: High Court

The IL&FS is now facing bankruptcy proceedings in the National Company Law Appellate Tribunal, putting the rail service at risk of closu...

Jewellery Industry Hit By "Recession", Job Losses Likely: Industry Body

In the Union Budget for 2019-20, customs duty on imported gold was raised from 10 per cent to 12.5 per cent. from NDTV Profit - Latest htt...

Inflation Seen At 10-Month High In August But Rate Cut Hopes Alive: Poll

Food prices, which account for nearly half of the inflation basket, have been rising largely due to the impact of inconsistent rainfall on c...

Rupee Closes Higher For Fourth Straight Day Against Dollar: 5 Points

The rupee witnessed volatility during today's session and hovered between 71.50 and 71.73 against the dollar. from NDTV Profit - Lates...

IDBI Bank Repo-Linked Retail Loans Effective From October 1

IDBI Bank had earlier said that it would introduce repo rate-linked home and auto loans with effect from September 10. from NDTV Profit - ...

Asian Equity Valuations Fall To Lowest In 3 Months In August

China, Hong Kong and South Korea were the lowest-cost shares in the region, with P/E multiples of about 11 or less. from NDTV Profit - Lat...

Gold Prices Fall By Rs 300 On Weak Demand

In the international market, gold was trading flat at $1,506 per ounce in New York, while silver traded lower at $18.05 an ounce. from NDT...

India Post Payments Bank Rolls Out Aadhaar Enabled Payment Services

With AePS services, a person with a bank account linked to Aadhaar can perform banking services irrespective of the bank they hold their acc...

Nifty Ends Above 11,000 For First Time In Over A Week Led By Banks

All but one sector gauges compiled by National Stock Exchange ended higher led by the Nifty PSU Bank index's 1.61 per cent gain. from ...

Tribunal Quashes 2-Year Sebi Ban On PwC In Satyam Scam

SAT said, only the auditors watchdog ICAI can take any action against its members and fraud cannot be proved on the basis of negligence in a...

Shadow Banks To Face Growth, Funding Headwinds: India Ratings

India Ratings and Research (Ind-Ra) has revised its sector outlook on NBFCs to "negative" from "stable". from NDTV Pro...

Monthly Passenger Vehicle Sales Log Worst-Ever Drop In August

Passenger vehicle sales plunged 31.57 per cent year-on-year to 196,524 units in August, falling for the 10th straight month. from NDTV Pro...

Ashok Leyland Declares "Non-Working Days" Citing Weak Demand

Ashok Leyland shared details of a total 59 "non-working days" at its plants located in Ennore, Hosur, Alwar, Bhandara and Pantnaga...

Baba Ramdev's Company Makes New Acquisition For $600 Million

Patanjali Consortium Adhigrahan Pvt. -- a venture by Patanjali Ayurved Ltd. and three other companies -- will merge with Ruchi Soya. from ...

India's Big Problems In Dealing With World's Worst Bad-Loan Mess

Of the nation's 12 largest delinquent borrowers which the Reserve Bank of India asked lenders to push to bankruptcy in 2017, only six ha...

SBI Cuts Interest Rates On Home Loans, Fixed Deposits

SBI interest rate: The move marked the fifth consecutive reduction in MCLR by the country's largest bank so far this financial year. f...

Opinion: Investors' Biggest Worry Should Be Vanishing New Roads In India

Highways can act as a powerful stimulus by creating new construction jobs, spawning fresh orders for excavators, graders and rollers, and pu...

LIVE Market Updates: Sensex, Nifty Set To Open Higher Today

The Sensex and Nifty had ended 337.35 points - or 0.92 per cent - and 98.30 points - or 0.91 per cent - higher respectively on Friday. The S...

18 PSU Banks Hit By Frauds Worth Rs 32,000 Crore In June Quarter: Report

As many as 1,197 cases of cheating involving Rs 12,012.77 crore were detected in SBI in the first quarter, according to the report. from N...

SBI Flexi Deposit Scheme: Interest Rates And Other Details

For SBI's flexi deposit account, the minimum instalment amount is Rs. 500, and in a financial year, a person has to deposit a minimum of...

Oil Companies Flag Issues In Rationalising Taxes On Jet Fuel

According to government estimates, if a direct-billing mechanism is implemented, airlines would be able to save around Rs 400 crore per year...

SBI Sought Issuance Of 147 Look Out Circulars In Last Five Months: Report

In FY19, the banking sector reported 6,801 frauds involving Rs 71,542.93 crore, the Reserve Bank of India has said in its latest report. f...

Fuel Supplies Restored To Air India At 6 Airports

Fuel supplies were suspended on August 22 amid reports that the national flag carrier owed three state-run oil firms more than Rs 4,500 cror...

Post Office Offers Senior Citizen Savings Scheme, Details Here

Investments under the post office senior citizen savings scheme (SCSS) also qualify for the benefit of Section 80C of the Income Tax Act. ...

Centre Likely To Infuse Capital In BSNL, MTNL: Report

The funds infusion in both BSNL and MTNL will be through bonds as has been the case of PSU bank recapitalisation, according to the report. ...

Petrol Rates Cut Across Metros, Check Prices Here

Petrol prices were cut by 6 paise per litre in the four metros compared to the previous day's rates, data from Indian Oil showed. from...

Expected Economic Growth Measures, Macro Data To Guide Markets: Experts

The government is expected to announce some more growth inducing measures especially for the real estate sector during the week. from NDTV...

"Painful Decision": Zomato Sacks 541 Employees As Automation Improves

The reason behind the move is an improved Zomato platform with Artificial Intelligence (AI)-driven bots and automation in resolving customer...

Atal Pension Yojana: Eligibility, Contribution And Other Details

Opening an APY account requires the applicant to hold a savings account either with a bank or a post office, according to NSDL. from NDTV ...

Working With Regulators For Securities Lending Product: RBI Deputy Governor

RBI deputy governor said in the next five years the demand for bonds will significantly outstrip the supply. from NDTV Profit - Latest htt...

Here's All You Need To Know About Filing A Belated Income Tax Return

When income tax return is not filed within the due date, interest under section 234A of Income Tax Act is levied. The taxpayer is liable to ...

Bank Of India Revises Fixed Deposit Interest Rates

According to the latest Bank of India FD rates, the bank is offering 4.25 per cent interest rate on maturity period of 7-14 days to the gene...

IndiGo Announces New International Flights, Details Here

Customers willing to avail the services can book flight tickets via IndiGo's official website- goindigo.in, the carrier said. The announ...

Inflation Completely Under Control: Nirmala Sitharaman

Annual retail inflation in July was 3.15 per cent, down from an eight-month high of 3.18 per centin June. from NDTV Profit - Latest https:...

Tax Notice To Be Issued With Document ID Number Starting October

From October 1, any notice issued by the Income Tax department for tax claim will have to be issued with a Document Identification Number (D...

Six JioFiber Monthly Tariff Plans Offer 150-5,000 GB Of High Speed Data

JioFiber monthly plan price: The top three JioFiber plans priced from Rs 2,499 to Rs 8,499 per month include "platform access to first ...

India's Gold Demand Ticks Up Ahead Of Festivals, Subdued Elsewhere

Gold futures in India, the biggest bullion consumer after China, were trading around Rs 38,504 per 10 grams on Friday. from NDTV Profit - ...

Rupee Rises For Third Straight Day, Ends At 71.72 A Dollar: 10 Points

The Indian rupee rose for third straight day against the US dollar on Friday as signs of easing trade tensions between US and China lifted i...

Government Open To Take Auto Industry Proposal To GST Council: Minister

At present, the entire auto sector suffers from a sales downturn due to several factors like high GST rates, farm distress, stagnant wages a...

Here Are The Service Charges Levied By IRCTC For Ticket Bookings

A maximum of 6 tickets can be booked by an individual user in a month via IRCTC's website/app. However, the ceiling limit has been raise...

Sensex Surges 337 Points, Nifty Settles Above 10,900

Maruti Suzuki, Tech Mahindra, Tata Steel, NTPC and Axis Bank led gains on the NSE index. from NDTV Profit - Latest https://ift.tt/2LsRkjC ...

Centre To Infuse Rs 12,000 Crore In State General Insurance Firms: Report

The Budget had provisioned Rs 70,000 crore for PSB recapitalisation and last week a Rs 55,250-crore infusion was announced in several PSBs. ...

Unified Payments Interface (UPI) Transactions Jump Six Times In 2019-18

Out of these, the number of UPI transactions increased to 535.34 crore in 2018-19, from 91.52 crore the previous year. from NDTV Profit - ...

Oriental Bank Reveals Loan Exposure To Nirav Modi, Mehul Choksi

The Oriental Bank has now issued notices declaring the duo and their companies as 'Willful Defaulters' for varying loan amounts, tot...

Prabhat Dairy Hits 20% Upper Circuit On Delisting Proposal

Prabhat Dairy will hold meeting of its board of directors on September 10 to consider the delisting proposal. from NDTV Profit - Latest ht...

Sun Pharma Says Sebi Ordered Forensic Audit Of Its Accounts, Shares Fall 4%

On the Bombay Stock Exchange (BSE), Sun Pharma declined as much as 4.01 per cent to an intraday low of Rs 414.60 apiece. from NDTV Profit ...

Tech Mahindra Signs Multi-Year Deal With US-Based AT&T, Shares Jump

In a regulatory filing after market hours on Thursday, Mumbai-based Tech Mahindra said it will expand its strategic collaboration to acceler...

Mother Dairy Hikes Cow Milk Prices From Today: 5 Things To Know

Mother Dairy supplies around 30 lakh litre milk, of which 8 lakh litre constitutes cow milk, in the Delhi-NCR region. from NDTV Profit - L...

Rupee Moves Higher To 71.67 Against Dollar

The rupee has witnessed a significant decline since the start of this year amid sustained foreign fund outflows and weak macroeconomic envir...

Ashok Leyland Announces 5 Non-Working Days At Chennai Plant From Today

The development comes as the country's auto sector is struggling against a slump in sales and lakhs of estimated job cuts. from NDTV P...

Sensex, Nifty Set To Open Higher Today

On Thursday, the Sensex had ended 80.32 points lower at 36,644.42 and the NSE Nifty nearly unchanged at 10,847.90. from NDTV Profit - Late...

Banks Unlikely To Reduce Lending Rates Despite New Rules: Analysts

The RBI late on Wednesday ordered all banks to link certain loans to the external benchmark based interest rate from October 1. from NDTV ...

Tribunal Approves JSW Steel's Takeover Of Bhushan Power & Steel

The ruling means JSW Steel can make its first major steel company acquisition under the new bankruptcy regime. from NDTV Profit - Latest h...

Reliance Industries Targets More Retail Acquisitions Abroad

Under Mukesh Ambani, Reliance Industries is pivoting from an oil-led conglomerate into a more consumer-facing company. from NDTV Profit - ...

Rupee Closes Higher At 71.84 Against Dollar

During the day, the domestic unit shuttled between a high of 71.79 and low of 71.98. The rupee had settled at 72.12 against the dollar on We...

JioFiber's "Fiber To Home" Service Launched. Here Is How To Get It

JioFiber's monthly rental plans start from Rs 699 and go up top Rs 8,499 offering minimum internet speed of 100 Mbps and speeds can go u...

"Fiber-To-The-Home" Service JioFiber's Tariff Plans Explained Here

Reliance Jio is offering JioFiber monthly pre-paid plans in six different price categories which vary from Rs 699 to Rs 8,499. from NDTV P...

Jio Starts Broadband Internet Service JioFiber, Plans Start At Rs 699

JioFiber plan rentals start at Rs 699 and go up to Rs 8,499 and even the lowest tariff starts with 100 Mbps speed. from NDTV Profit - Late...

PNB Board Approves Merger With Oriental Bank, United Bank Of India

PNB's board also approved the Rs 18,000 crore capital infusion, as announced by the government last week. from NDTV Profit - Latest ht...

JioFiber Launch Today: All You Need To Know About The Preview Offer

Under its "JioFiber preview" offer, Reliance Jio Infocomm, the telecom arm of billionaire Mukesh Ambani-led Reliance Industries, o...

Infrastructure Spending To Increase To Help Auto Industry: Nitin Gadkari

Nitin Gadkari said new construction projects would generate a demand for automobile construction equipment such as trucks. from NDTV Profi...

Sensex, Nifty End On Subdued Note As Banking Shares Drag

The benchmark indices ended on a subdued note on Thursday owing to selling pressure in banking and financial services shares. from NDTV Pr...

IndiGo Offers Discount On Domestic, International Flights. Details Here

The travel period under IndiGo's offer is valid from September 11 to September 25. Passengers can avail the discount by using the promo ...

Foreign Investment Inflows To Remain Under Pressure: India Ratings

Ind-Ra believes the shift in global monetary policy conditions to a relatively "accommodative" stance is unlikely to revive capita...

JioFiber To Launch Today: Here Are The Prices, Plans, Other Details

Reliance Jio Infocomm, the telecom arm of billionaire Mukesh Ambani-led Reliance Industries, will commercially launch JioFiber today. JioFib...

Reliance Jio Set To Launch Broadband Service JioFiber Today

Reliance Industries chairman and managing director Mukesh Ambani had last month said JioFiber will be launched on a commercial basis on Sept...

India's BPCL Buys American Oil Headed To China, Diverted After Tariffs

Beijing announced it would impose the 5 per cent levies -- the first ever Chinese tariffs on US oil -- on August 23 and they took effect Sep...

PNB Shares Rise Over 3% After Moody's Upgrade

On August 30, Finance Minister Nirmala Sitharaman announced that PNB will be merged with Oriental Bank of Commerce (OBC) United Bank. from...

Rupee Moves Above 72 Mark Against Dollar

The rupee opened higher at 71.85 against the greenback, and climbed to as high as 71.84 at one point by morning deals. from NDTV Profit - ...

Mukesh Ambanis Reliance JioFiber Broadband Service Comes With Free TVs

Country's video-on-demand market could grow to $5 billion by 2023 from $500 million last year, according to researcher Boston Consulting...

Government's Dependence On RBI Payout Leaves Budget Funding At Risk

Slower economic growth has made it harder for the government to improve tax collections and the boost from the central bank and assets sale ...

Rupee Unlikely To Regain Lost Ground Against Dollar In Coming Year: Poll

Slowing growth concerns pushed central banks across a group of 37 developing economies to deliver a net fourteen interest rate cuts last mon...

Nifty Set To Open Higher Today; Reliance Industries Shares In Focus

On Wednesday, the S&P BSE Sensex index and the broader NSE Nifty benchmark had ended 162 points (0.4 per cent) and 47 points (0.4 per ce...

Banks Asked To Link Floating Rate Loans With External Benchmark Rates

The central bank has allowed the banks to choose one of the several benchmarks such as the RBI's policy repo rate. from NDTV Profit - ...

Maruti Suzuki To Shut Down Gurugram, Manesar Plants For 2 Days

Maruti Suzuki India Limited announced that it will stop production for two days on September 7 and 9 at its Gurugram and Manesar plants. f...

RBI Asks Banks To Link Some Loans To External Benchmark

The RBI said lenders would now have to link all new floating rate personal or retail loans and floating rate loans to MSMEs to an external b...

Rupee Closes Higher At 72.12 Against Dollar

The rupee opened at 72.20 and touched an intraday high of 71.96 against the American currency before settling at 72.12. from NDTV Profit -...

Jet Creditors To Recover $300-$400 Million In Case Of Liquidation: Report

Jet Airways stopped flying in April after running out of cash, leaving thousands without jobs and pushing up air fares across the country. ...

LinkedIn Ranks OYO As The Top Indian Startup To Work For

LinkedIn measured the start-ups based on four parameters which are employment growth, engagement, job interest and attraction of top talent....

Steps To Check Income Tax Return (ITR) Status Online

The taxman said that the total number of ITRs filed from April 1 to August 31 this year rose to 5.65 crore, compared to the corresponding pe...

India May Miss Deficit Target Amid Pressure For More Stimulus: Report

Tax collections could fall by as much as Rs 1 lakh crore ($14 billion), or 4 per cent of $344 billion annual target, according to the report...

Sensex, Nifty Rebound A Day After Falling The Most In Nearly 2 Months

Six of 11 sector gauges compiled by National stock Exchange ended higher led by the Nifty Metal index's 1.7 per cent gain. from NDTV P...

Mumbai Rains: List Of Trains Rescheduled, Terminated Today

The Meteorological Department has issued a 'red alert' for various places, including Mumbai city and suburbs, Thane and Palghardistr...

US-China Trade War May Escalate Further, Says Moody's

Trade relations between the US and China soured further on August 23 after China announced new retaliatory tariffs on imports from the US. ...

Amazon India Plans To Scrap Single-Use Plastic Packaging By June 2020

Amazon India will roll out paper packing material across the country by the end of 2019, its vice president of customer fulfilment, Akhil Sa...

Maruti Suzuki To Shut Gurugram, Manesar Manufacturing For 2 Days

Maruti Suzuki shares fell as much as 3.72 per cent to Rs 5,824.50 apiece on the BSE. from NDTV Profit - Latest https://ift.tt/2NNp7Xj

Services Growth Slows In August On Weaker Demand: Survey

Country's economy grew at an annual rate of 5.0 per cent last quarter, its slowest in more than six years and significantly lower than 5...

August Gold Imports Hit Three-Year Low As Prices Jump To Record: Report

Lower imports by the world's second biggest consumer could cap gains in global prices that are trading near their highest level in over ...

Auto Stocks Extend Losses On Weak Sales Numbers, Tata Motors Dips Over 5%

The S&P BSE Auto index on the Bombay Stock Exchange fell 1.33 per cent at one point of time. from NDTV Profit - Latest https://ift.tt/...

Rupee Rises By 21 Paise To 72.18 Against Dollar

The dollar index against a basket of six major currencies stood at 98.938 after rising overnight to 99.37, its highest level since May 2017....

Amid Growth Plunge, Why There's An Almost 7% Rise In Power Demand

The states of Haryana and Gujarat, also manufacturing hubs, saw electricity requirement growing at a weaker 2.9 per centand 5.3 per cent com...

Sensex, Nifty Set To Open Higher As Indicated By SGX Nifty

The plunge in the markets wiped off Rs.2.56 lakh crore worth of investors' wealth from NDTV Profit - Latest https://ift.tt/30V5Hnc

Crisis Among Shadow Banks Pushes Up Funding Costs Overseas: Report

India's slowest economic growth in six years has prompted predictions for deeper interest-rate cuts, but that's yet to translate int...

India May Have Entered 'Quasi-Recession' As Growth Slumps: Economists

While the standard macroeconomic definition of a recession is two consecutive quarters of shrinking GDP, a significant decline in economic a...

Centre Hikes Ethanol Price To Cut Oil Import Bill

The price of ethanol from 'C-heavy molasses' has been raised by 29 paise per litre to Rs 43.75. from NDTV Profit - Latest https://...

RBI-Appointed Task Force Recommends Moves To Ease Credit Markets

It also proposed setting up a self-regulatory body to standardize loan documents and promote transparency in the secondary market. from ND...

Budweiser Beer Maker AB InBev's Plea To Put Delhi Ban On Hold Rejected

AB InBev is the second biggest player in Indias $7 billion beer market, accounting for a 17.5 per cent market share. from NDTV Profit - La...

Centre Likely To Announce Measures For Real Estate Sector Soon: Report

The government is likely to increase the ambit of affordable houses from Rs 45 lakh to Rs 70 lakh, according to the report. from NDTV Prof...

Rupee Closes At 9-Month Low Against Dollar

The slump marked rupee's worst single-day fall since August 5 and the lowest closing level since November 13, 2018. from NDTV Profit -...

Bad Loans May Come Down To Rs 9.1 Lakh Crore By March 2020: Study

There is significant potential opportunity for stressed-assets investors, given around Rs 9.4 lakh crore NPAs in the banking system as on Ma...

Gold Prices Jump Over Rs 500 On Global Cues

In the international market, gold prices ruled at $1,530 an ounce in New York while silver was quoted at $18.50 an ounce. from NDTV Profit...

Missed Income Tax Return (ITR) Filing Deadline? Here Are Your Options

There are three categories of individual taxpayers- individuals (below the age of 60 years) which includes residents as well as non-resident...

Payment Wallets PhonePe, Paytm Get 6 More Months To Comply With KYC Norms

Becoming full KYC complinat would mean that the mobile wallet service providers would have to do a physical verification of their customers....

Sensex, Nifty Fall Most In Nearly 2 Months On Growth Concerns: 10 Points

The S&P BSE Sensex and NSE Nifty 50 indexes witnessed sharp declines today after the government data on Friday showed that the country...

Cabinet approves one-time capital infusion of over Rs 9,000 crore in IDBI Bank by government, LIC; shares jump 11%

Cabinet approves one-time capital infusion of over Rs 9,000 crore in IDBI Bank by government, LIC; shares jump 11% from NDTV Profit - Late...

Why The Fate Of Samsung's Billionaire Heir Turns On Horses

Jay Y Lee took a more active and urgent interest in the matter after a second meeting where Park told him again to "buy a good horse,...

As GDP Slows, RBI May Cut Repo Rate By 40 Basis Points: Report

The report also reduced India's estimated GDP growth rate to 5.8 per cent for the current fiscal year, from its earlier estimate of 6.3 ...

Top Court Seeks NBCC Response On Completing Stalled Jaypee Group Projects

The bench said it will first look what NBCC has to offer and only then it may look into Jaypee group''s fresh proposal. from NDTV ...

Auto Stocks Fall As Sales Drop; Two-Wheeler Makers Buck Trend

The Nifty Auto index fell as much as 1.73 per cent, dragged by Tata Motors, Mahindra & Mahindra and Eicher Motors shares. The S&P BS...

Sensex Plunges Over 500 Points As GDP Growth Hits 6 Year Low: 10 Facts

The S&P BSE Sensex and NSE Nifty 50 indexes slumped on Tuesday after the government data on Friday showed that the country's economi...

Anil Ambani's Shipyard Risks Insolvency As Banks Spurn Debt Plan

Any court ruling favoring the banks would deal another blow to the tycoon's stressed empire after his wireless carrier slipped into inso...

Most Asian Units Slip As Trade Tensions Weigh; Rupee Falls Most

The Indian rupee and the Malaysian ringgit were the worst performers in the region, playing catch up with peers as both markets re-opened fo...

State-Run Banking Shares Slump After Mega Merger Announcement

The Nifty PSU Bank Index was down 3.2 per cent underperforming the benchmark Nifty which was down 1 per cent. from NDTV Profit - Latest ht...

ONGC Shares Fall Over 3% After Fire Breaks Out At Its Plant

On the Bombay Stock Exchange (BSE), ONGC shares fell as much as 3.05 per cent to an intraday low of Rs 117.50 apiece. from NDTV Profit - L...

Rupee Falls By 67 Paise To 72.09 Against Dollar

The rupee had appreciated by 38 paise to close at a two-week high of 71.42 against the US dollar on Friday led by a rally in domestic equiti...

Netflix's Indian Rival ALT Balaji Eyes Profits With 60 New Shows

Digital subscribers in India are expected to increase to about 110 crorein 2030 from 52.8 crore in 2018, according to KPMG India. from NDT...

Sensex Plunges Over 350 Points, Nifty Near 10,900

Domestic stock markets started Tuesday's session on a sharply weak note, after government data showed economic growth slowed to a six-ye...

Punjab National Bank To Consider Infusion Of Rs 18,000 Crore

PNB had earlier said that its board would consider capital infusion of Rs 16,500 crore by the government in its September board meet. from...

Tata Steel To Shut Some Operations In United Kingdom

Tata put up five of its non-core businesses in Europe on sale in May 2018 as it looked to focus on its strip products business. from NDTV ...

Foreign Investors Continue To Sell Shares Despite Surcharge Rollback

Following the FPI tax surcharge announcement on July 5, the key indices fell sharply from their lifetime highs owing due to outflow of forei...

GDP Growth To Rebound At Slower Pace: Fitch Solutions

Fitch Solutions also trimmed GDP forecast for the current fiscal year to 6.4 per cent from 6.8 per cent previously. from NDTV Profit - Lat...

Opinion: Bank Mergers No Silver Bullet, Gains May Take Years To Show

The new round of consolidation will bring down the number of state-run banks to 12 from 27 just a few years ago. from NDTV Profit - Latest...

Automakers Demand Tax Cuts, Analysts Slash Forecasts As Sales Plummet

Data from Tata Motors and Mahindra & Mahindra, which together account for about two-thirds of the commercial vehicles market, show that ...

Here's How Much You Pay For Petrol And Diesel Today

State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revise fuel prices with effect from 6 am on a daily b...

Growth, Rate-Cut Revisions By Economists After Shock GDP Slump: Report

The slump will put the onus on the RBI to continue cutting interest rates after 110 basis points of easing already this year, the economists...

Seizures Of Smuggled Gold Jumps In June Quarter: Report

The World Gold Council has said up to 95 tonnes of gold was smuggled into India in 2018. from NDTV Profit - Latest https://ift.tt/2Lh0G2U ...

Core Sector Growth Slows Down To 2.1% In July

Core sector comprises of eight sectors such as coal, crude oil and electricity, accounts for nearly 40 per cent of India's industrial ou...

Taxman Verifies 3.61 Crore Out Of 5.65 Crore Income Tax Returns Filed

According to current income tax laws, the amount of late filing fee in case of a belated income tax return cannot exceed Rs. 1,000 if the as...

Gold Prices Fall For Third Straight Day: 5 Things To Know

In Delhi, gold of 99.9 per cent and 99.5 per cent purity fell by Rs 40 each to Rs 39,600 and Rs 39,430 per 10 grams, respectively. from ND...

Global Stocks Fall As New US-China Tariffs Sour Global Outlook

MSCI's All-Country World Index, which tracks shares across 47 countries, was down 0.1 per cent on the day. from NDTV Profit - Latest h...

PAN To Be Created Automatically If Tax Return Using Aadhaar: 10 Facts

The Permanent Account Number or PAN will be generated automatically if an individual files income tax return using Aadhaar number, according...

US-Based Tiger Fund Increases Equity Holding In Flipkart: Report

The $514-billion Walmart acquired a majority stake (77 per cent) in Bengaluru-based Flipkart on May 9, 2018 for a whopping $16 billion (Rs 1...

Hero MotoCorp Two-Wheeler Sales Down Nearly 21% In August

Hero MotoCorp shares climbed 9.15 per cent in August. The financial markets remained closed on Monday on account of Ganesh Chaturthi. Tradin...

Manufacturing Growth At 15-Month Low In August: Survey

A sub-index tracking overall demand hit its weakest in more than a year and foreign orders increased at their slowest pace in 16 months. f...

Tata Motors Sales Decline 48% In August

Tata Motors said it sold a total of 21,824 commercial vehicles in the domestic market last month. That marked a fall of 45.25 per cent compa...

Non-Subsidised LPG Rate Hiked, Here's How Much You Pay This Month

LPG cylinder rate: In July and August, the non-subsidised prices of LPG were lowered by a total Rs 163 per cylinder (14.2 kilograms) each in...

Financial Markets To Remain Closed On Monday For Ganesh Chaturthi

The stock and forex markets will resume trading on Tuesday, September 3. from NDTV Profit - Latest https://ift.tt/2MOR4yp

Highest Ever E-Returns Filed In A Single Day On August 31: Taxman

The Information Security team of I-T Department thwarted over 2,205 malicious attacks on the website aimed at disrupting services in the pea...

Mahindra & Mahindra Domestic Vehicle Sales Drop 26% In August

The company sold a total 33,564 units of vehicles during the month in the country, against 45,373 units during the corresponding period last...

SpiceJet Extends Sale, Offers Flight Tickets From Rs 1,299

On bookings made through its portal, SpiceJet is offering a 25 per cent off on meals, seats and premium service SpiceMax. from NDTV Profit...

GST Collections At Rs 98,202 Crore In August

The gross revenue collections from the Goods and Services Tax (GST) in July stood at Rs 1.02 lakh crore. from NDTV Profit - Latest https:/...