Oil prices to ease if global tensions do not rise: Pradhan

NEW DELHI: Petroleum Minister Dharmendra Pradhan on Monday said here that oil prices would ease if the ongoing global tensions do not increase.

Petrol, diesel prices surge for 7th straight day

NEW DELHI:  Petrol and diesel prices in the country continued to surge for the seventh day on Monday on the back of the ongoing tensions in the Middle East and the US-China trade war.

Airtel-Bharti AXA Life tie up for insurance with prepaid plan

NEW DELHI:  As part of its strategy to leverage the deep penetration of mobile services to build a financially secure India, domestic telecom major Bharti Airtel has partnered with Bharti AXA Life Insurance to offer prepaid plan with insurance protection cover to all its customers across the country.

SBI to adopt RBI's repo rate as external benchmark

MUMBAI: State Bank of India, the countrys largest lender, has decided to adopt RBIs repo rate as the external benchmark for all floating rate loans for MSME, home and retail loans from October 1.

Booster shots: Corporate tax rate cut, more measures for cap flow in markets

NEW DELHI:  Hit hard by a slowing economy and a brewing global oil crisis, the government on Friday announced a series of tax incentives to boost the industry and restart investment.

What is the role of AMC in the Mutual Fund?

Asset Management Company or better abbreviated as AMC is the group of people who manage the investments of the funds of a mutual fund. These are the people who are responsible for financial asset selection and also for the most important parameters for a mutual fund for investors, “the return”.

Rising onion prices bring tears to eyes

NEW DELHI: Rising onion prices are once again bringing tears to the eyes of the people. In the last one week, the price of this vegetable has increased by 40-50 per cent.

No MSME loans as NPA in FY20 fiscal, PSBs to hold loan melas: FM

NEW DELHI:  In a public outreach exercise, Finance Minister Nirmala Sitharaman on Thursday said public sector banks will organise credit "shamiana meetings" in 400 districts beginning October 3 to provide loans to NBFCs and retail borrowers, including homebuyers and farmers and banks won't declare any stressed loan account of MSMEs as NPA till March 2020 and will work on recasting their debt.

US stocks close mixed as Fed cuts interest rates

NEW YORK:US equities ended mixed after the Federal Reserve cut interest rates for the second time this year.

US Fed cuts interest rates for second time this year

WASHINGTON:The US Federal Reserve on Wednesday lowered interest rates by 25 basis points amid growing risks and uncertainties stemming from trade tensions and a global economic slowdown, following a rate cut in July that was its first in more than a decade.

Here’s why you must avail Bajaj Finserv LifeCare Finance

PUNE, Maharashtra:Having a life insurance policy, health insurance cover, mutual funds portfolio and equity investments are considered to be priorities by individuals while planning their finances. But with evolving lifestyles, equal importance is being given to finances dedicated towards refining one’s overall wellness and wellbeing. Finances planned for lifecare services enable you to take care of concerns that are lifestyle wellness or cosmetic treatment-oriented;as well as address the medical concerns and procedures that are not incorporated in your regular health insurance cover.

PMLA tribunal releases 63 moons' assets attached by ED

MUMBAI: In a major relief to fintech firm 63 moons, the Prevention of Money Laundering Act (PMLA) Appellate Tribunal on Tuesday ordered the release of the company's assets which were attached by the Enforcement Directorate (ED), 63 moons said in a statement.

Banks' 2018-19 savings deposits up at Rs 39.72 lakh cr: RBI

MUMBAI:  Indian private and public sector banks (PSBs) had aggregate savings deposits of Rs 39.72 lakh crore as on March 31, 2019, while foreign banks had a share of Rs 58,630 crore, according to RBI data published in the Handbook of Statistics on Indian Economy 2018-19.

'India-US continuously working towards resolving trade issues'

NEW DELHI: Union Commerce Minister Piyush Goyal on Monday said that India and the US were continuously working towards resolving their trade differences.

5G spectrum auction quantum inadequate, costly: BIF

NEW DELHI: The quantum of 5G spectrum on auction in the country is inadequate and pegged at a very high reserve price which is approximately 5 to 6 times higher than in other countries and needs urgent revision, a broadband industry association said on Monday.

India spent nearly Rs 4Kcr on Swachh Bharat info, education: Study

NEW DELHI:  To make the Swachh Bharat Mission a success, India mobilised huge resources for information, education and communication (IEC) activities, with a new report estimating that the cash expenditure by the government, private sector, and the development community to be between Rs 3,500-4,000 crore in five years since the programme's launch.

August WPI rate remains unchanged, eases on YoY basis

NEW DELHI:  The rise in India's August wholesale price inflation (WPI) rate remained flat sequentially, but eased on a year-on-year basis, official data showed on Monday.

Top 10 Most Popular Travel Websites in India

We have been going out since the days of yore. Travelling has become a part of our life and kind of a daily agenda. Travel extends our perspective and enables us to improve ourselves in so many ways. It makes us meet with people, learn new things and understand multiple points of view. Regardless of whether experience is what you're pursuing, or adventure or basically something new, travel appears to be the best way to go forth.

Social Media and Its Effects on Mental Health

The advent of social media has been instrumental in connecting us as a global population to a big extent. We are more aware of things happening around us and to people we care about than ever before.

India to host Dubai-like mega shopping fests to boost exports

NEW DELHI: As part of the steps taken to boost exports, India will organise annual mega shopping festivals, similar to the ones held in Dubai, to facilitate exchange between global producers and consumers, Finance Minister Nirmala Sitharaman said on Saturday.


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