Reliance Industries, HDFC, HDFC Bank and ICICI Bank contributed the most to the advances in SensexDomestic stock markets started Monday's session on a higher note amid gains in Asian peers. The S&P BSE Sensex index rose as much as 246.23 points to touch 37,596.56 in early trade, and...
Indian equity benchmarks are set to open on a flat note as indicated by the Nifty futures traded on the Singapore Exchange. The Singapore Nifty futures contract, also known as the SGX Nifty, was last seen trading 9 points higher at 11,063. Meanwhile, Asian stocks rose on Monday...
US President Donald Trump said on Sunday that he had spoken with Apple Inc's chief executive, Tim Cook, about the impact of US tariffs on Chinese imports as well as competition from South Korean company Samsung Electronics. Mr Trump said Mr Cook "made a good case" that tariffs could...
Customers can also avail money transfer services such as RTGS, IMPS and NEFT.India Post Payments Bank or IPPB offers two types of savings accounts at present - regular and basic. Deposits in these accounts fetch an interest at the rate of 4 per cent per annum, which is...
Kolkata: State Bank of India (SBI) Chairman Rajnish Kumar on Sunday said credit demand remains subdued and there is a need for stimulus in the economy. Though lack of credit demand exists in the economy, there is no supply-side constraint as the public sector banks are more or less...
India imports over 80 per cent of its oil requirements.Mumbai: Despite the lack of demand in the global markets owing to worldwide slowdown in economic activity, natural resource research firm Goehring & Rozencwajg (G&R) says that it expects oil prices to rise.Typically, oil prices fall if there is a...
The rupee, on a weekly basis, weakened by 35 paise to close at 71.16 against the dollar.Mumbai: An expected stimulus package, along with attractive valuations are likely to swing the domestic equity indices' upwards during this week.However, any rise in the US-China trade tensions, coupled with a slowing global...
A BSBD or basic savings bank deposit account is a type of zero balance savings account which does not require customers to maintain any particular minimum balance. In other words, such an account can be operated with zero balance. State-owned lender State Bank of India (SBI) and its...
As per SIAM figures, domestic passenger car sales in July plunged by 35.95 per cent to 122,956 units.New Delhi/Mumbai: Faced with a massive sales downturn, India's automobile industry is betting big on a scrappage policy to revive demand for the already dented sector.Accordingly, automobile industry's representatives have sought an...
New Delhi: The Finance Ministry is holding back-to-back discussions with the Prime Minister's office and the Reserve Bank of India to come out with a sectoral policy package at the earliest but sources rule out any fiscal stimulus having direct revenue implications.There will be relief to the sectors in...