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Sensex Crashes 1,500 Points From Day's High; DHFL Shares Crash

an hour ago

Business / GoodReturns/ News All

Benchmark indices crashed in trade today, with the Sensex dipping 1,495 points from the day's high. The Nifty lost as much as 330 points at one stage, only to recover later and was down 171 points at 2.40 pm. The crash..

NBFC Stocks Bleed in Trade Today; DHFL Shares Lead Fall

an hour ago

Business / GoodReturns/ Stocks News

The stocks of most non-banking finance companies (NBFC) fell they dragged BSE's Sensex over 1,000 points in the trading session on Friday. Shares of Dewan Housing Finance Corporation (DHFL) more than halved at from a 57.42 percent drop. Other firms..

Sensex Crashes 1,500 Points From Day's High; Recovers Later

2 hours ago

Business / GoodReturns/ News All

Benchmark indices crashed in trade today, with the Sensex dipping almost 1,500 points from the day's high. The sharp fall without any major reason was unprecedented. The Nifty lost as much as 338 points, only to recover later and was down..

How to Read Salary Slip Format in India?

3 hours ago

Business / GoodReturns/ Classroom

Salary day is the most awaited day of the month to all of us. Along with the receipt of payment, we get a salary slip or payslip from our HR departments explaining the breakup of the what we receive in our..

What Is Credit Rating? What IL&FS Rating Downgrades Mean For Its Investors?

3 hours ago

Business / GoodReturns/ Personal Finance

Credit rating is an analysis done in respect of different financial instruments, companies and even countries at large. Various agencies for the purpose referred as credit rating agencies conduct an assessment of the financial position of the firm or better associated..

Yes Bank Nosedives 30% After RBI Limits Rana Kapoor's Term

5 hours ago

Business / GoodReturns/ News All

Yes Bank, the promoter-run private sector lender, in Friday's early morning trade today has reached a day's low of Rs. 210.10, declining huge 30% from Wednesday's close of Rs. 318.50. On Thursday, stock markets were closed on account of Muharram. {image-yesbank-1537503732.jpg..

Hawkins Offers Fixed Deposit Scheme With Close to 11% Returns

23 hours ago

Business / GoodReturns/ Personal Finance

Hawkins Cookers Ltd, one of India's leading pressure-cooker makers is currently offering a limited period unsecured but high-interest rate fixed deposit scheme. It has invited applicants for cumulative as well as non-cumulative interest schemes with tenures of one (12 months), two..

Small Saving Scheme Rates Hiked; PPF, NSC To Fetch 8% And SCSS 8.7%

yesterday

Business / GoodReturns/ Personal Finance

The rates on small-saving schemes in correspondence with the benchmark 10-year bond yield have been increased for the quarter October to December. According to a circular issued by the Finance Ministry on September 19, the interest rates on various..

Amazon And PE Fund Samara Capital Acquire Birla's More

yesterday

Business / GoodReturns/ News All

As per the leading business daily report, Amazon and private equity fund Samara Capital have acquired Aditya Birla's grocery and food chain More at a financial consideration of Rs. 4200 crore. Under the More brand, ABRL operates as many as 575..

Govt Mulls To Increase Import Duty On Steel Products To Support Rupee

yesterday

Business / GoodReturns/ News All

In the wake of rupee's continuous devaluation, government in the past week has worked out some 5 measures to support the rupee and rein in the underlying CAD. And in this direction, steel ministry of India as per sources is considering..

Share Buyback by Coal India, KIOCL Next Month Part Of Centre's Disinvestment Plan

2 days ago

Business / GoodReturns/ News All

The disinvestment programme of the Centre will get a push as state-run Coal India Limited and KIOCL or formerly Kudremukh Iron Ore Company are set to buyback their own shares. Mahanadi Coalfields (MCL), wholly-owned subsidiary unit of CIL, will..

PSU Banking Stocks: Will The Glory Days Be Back?

2 days ago

Business / GoodReturns/ News All

Last year when the government announced the recapitalization of government banks, shares of government banks scaled dizzy heights. In fact, PNB shares surged to a high of Rs 231 (current market price Rs 79), Bank of Baroda scaled to Rs 206..

SEBI Board Meeting Results: FPI Rules Revised

2 days ago

Business / GoodReturns/ News All

In its board meeting on Tuesday, the Securities and Exchange Board of India (SEBI) took some major decisions including easing foreign fund and ownership rules. No decision was taken on extending trading hours as the Indian exchanges are yet to confirm..

LIC's New Single-Premium Pension Plan- Jeevan Shanti: Should You Invest?

3 days ago

Business / GoodReturns/ Personal Finance

The largest and most trusted insurance company LIC came up with a new pension plan by the name Jeevan Shanti recently. Here's a breakdown on the policy considering different aspects such as eligibility, features and benefits. As per the..

What Will Happen to Your Bank Account After BoB, Dena and Vijaya Bank Merger?

3 days ago

Business / GoodReturns/ Classroom

The Union government on Monday cleared the long-pending proposal to merge PSU (public sector units) banks- Dena Bank, Bank of Baroda and Vijaya Bank. The move was made to handle the mounting non-performing assets (NPAs) with these financial institutions. Finance Minister..

HDFC Dual Advantage Fund: 7 Things To Know About Latest NFO

3 days ago

Business / GoodReturns/ Mutual Funds

HDFC Mutual Fund has launched a new close ended hybrid debt scheme named ''HDFC DAF - III - 1267D October 2016''. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO is opened for subscription..

SBI Mutual Fund Launches SBI Dual Advantage Fund - Series XVI

3 days ago

Business / GoodReturns/ Mutual Funds

SBI Mutual Fund has launched a new close ended hybrid scheme named ''SBI DUAL ADVANTAGE FUND - SERIES XVI'' with a maturity period of 1100 Days from the date of allotment. SBI Mutual Fund NAV & Scheme Details The New Fund..

How to Use HDFC Bank UPI App to Make and Receive Payments?

3 days ago

Business / GoodReturns/ Classroom

UPI or Unified Payments Interface is the go-to option to transfer money these days; be it account transfer or payments of bills or shopping. What puts UPI payments ahead of other modes of online money transfer is the ease of use..

4 Important Mutual Fund Determinants: How To Make the Right Choice?

4 days ago

Business / GoodReturns/ Personal Finance

Over the years mutual funds have made investing a lot easier. Nonetheless, due to their possible classification based on 4 different determinants as well as a broad array of such schemes available in the market, investors need to know the basics..

Rupee Plunges Again; Drags Equity Markets Lower

4 days ago

Business / GoodReturns/ News All

The forex markets, which were expecting a slew of measures to tame the rupee over the weekend, were left disappointed once again, which dragged the rupee lower. The rupee was down a staggering 70 paise at 72.50 to the dollar. All..

Withdrawing Cash On Your Credit Card: Know the Different Expenses

5 days ago

Business / GoodReturns/ Personal Finance

At several of the instances you may be hit with a cash-crunch situation and to tide it credit card come as an easy option providing instant loan with no documentation or approval. While at an initial stage, the financial crisis at..

Petrol Prices Climb To New Record High Of Above Rs. 89 In Mumbai

6 days ago

Business / GoodReturns/ News All

Fuel prices are seeing no respite anytime soon and in quick succession has climbed to new record high levels. On Saturday, petrol has breached Rs. 89 levels in the financial capital Mumbai surging by 34 paise to Rs. 89.01 from Rs...

FM Arun Jaitley Announces 5 Measures to Curb Rupee Fall

6 days ago

Business / GoodReturns/ News All

Against the backdrop of a widening current account deficit, the finance ministry announced a series of measures to boost capital inflows and to curb the depreciation in the rupee. Late on Friday night, Arun Jaitley after a long meeting with..

Train Tickets To Get Cheaper After Railways Set To Rejig Flexi-fare Scheme

7 days ago

Business / GoodReturns/ News All

Indian Railways in a bid to make train ticket prices more competitive and increase revenue is planning a massive rejig of its flexi-fare scheme, introduced in September 2016. Under the plan, the behemoth looks to dilute flexi-fare scheme by..

August Wholesale Inflation Drops to 4.53% Vs 5.09% In July

7 days ago

Business / GoodReturns/ News All

India's wholesale inflation measured by wholesale price index dropped to 4.53% for the month of August as against 5.09% in July. The drop is primarily attributed to decline in food and non-food prices. Wholesale inflation in food dropped to..

What Happens to Your PPF and NSC Investments When You Become an NRI?

7 days ago

Business / GoodReturns/ Personal Finance

Public Provident Funds (PPF) are one of the most attractive small savings schemes among Indian residents due to the safety of investment factor accompanied by the EEE (exempt-exempt-exempt) tax benefits that it comes with. The National Savings Scheme is also another..

IIP Growth Slowed Down to 6.6% From 7% in June

8 days ago

Business / GoodReturns/ News All

The country's IIP (Index of Industrial Production) slowed down to 6.6 percent for the month of July from 7 percent in June. The cumulative growth for the period April-July 2018 over the corresponding period of the previous year stands at 5.4 percent...

What is Employee Deposit Linked Insurance Amendment Scheme (EDLI)?

8 days ago

Business / GoodReturns/ Personal Finance

As a salaried employee of a company, you may be aware of some benefits like provident fund (EPF), health insurance, transport and entertainment allowances etc that you receive from your employer but many do not know that they are covered for..

OMC Stocks Hit 52-Week Low On Crude Oil And Rupee Woes

9 days ago

Business / GoodReturns/ News All

Shares of three state-run oil marketing companies (OMCs) including HPCL, BPCL and IOCL hit their 52-week low prices in intra-day trade on Wednesday. All of these listed PSU OMCs have dropped in intra-trade by 3-4% on the BSE...

Markets End With Decent Gains On Firm Global Cues

9 days ago

Business / GoodReturns/ Commentary

The key domestic benchmark indices ended the Monday"s trading session in positive territory with decent gains on account of buying in frontline blue chip counters. The market sentiments were on upbeat note amid a firm rupee, progress of monsoons and strong..

Markets Trade Higher: Bharti Airtel, HUL Shares Advance

9 days ago

Business / GoodReturns/ Commentary

The key domestic benchmark indices were trading marginally higher in the morning trading session. A bearish trend across Asia and a sell-off at Wall Street overnight continued to unnerve traders, curbing risk taking appetite and gains on the bourses...

Markets Open Lower In Early Trade

9 days ago

Business / GoodReturns/ Commentary

The key domestic benchmark indices opened in negative territory as the Brexit overhang continued to dampen trading sentiment at Dalal Street. UK"s shock exit from the European Union has aggravated uncertainty surrounding the global economic outlook, curbing risk taking appetite. {image-stockmarketsfalling4-27-1467002029.jpg..

Sensex Down 148 Points; Nifty Slips Below 8200

9 days ago

Business / GoodReturns/ Commentary

The key domestic benchmark indices extended losses during the late noon trading session on profit booking amid mixed global cues. At 14:18 hours, the 30-share benchmark index was trading at 26664.04 down by 148.74 points or by 0.55 per cent, while..

How to Open an NRE Account?

9 days ago

Business / GoodReturns/ Classroom

If you are an Indian employed overseas or has a business abroad, you still have the option to invest in India through safe instruments like fixed/term deposits. Most Indian banks including small finance banks and multinational banks with branches in India..

Google All Set To Comply With RBI Rules For Payment Services

10 days ago

Business / GoodReturns/ News All

Internet giant Google has agreed to adhere to the local data storage rules of the RBI for its payment services and has asked for some time until December month for compliance.The RBI has asked all companies into the payment services business..

Sensex Ends 467 Points Lower As Rupee Plunges; Petrol Rises

11 days ago

Business / GoodReturns/ News All

Benchmark indices plunged in trade today, led by a plummeting rupee, which hit a new low of 72.67 against the US dollar. Sustained losses in the currency, and comments by rating agency Moody's that the fall in the rupee was credit..

Reasons to Avoid Using Credit Cards Abroad

11 days ago

Business / GoodReturns/ Personal Finance

If you are planning a trip abroad, you may have saved up for it and wish to do all the things tourists usually do like splurge on fine dining experiences, shopping and local commutes. On the holiday you may not give..

Rupee Hits Lifetime Low Of 72.46 To the Dollar: 7 Things To Know

11 days ago

Business / GoodReturns/ News All

The rupee today hit a new record of 72.46 against the dollar, dropping by a whopping 72 paise against the American currency. Even as the rupee hit a lifetime low of 72.46, on sustained dollar buying, here are a few things..

Rupee Slides To Fresh New Low Of 72.18 Vs Dollar; Sensex, Nifty Opens Lower

11 days ago

Business / GoodReturns/ News All

The Indian rupee in Monday morning trade opened at a new record low of 72.18 against the dollar, depreciating further by 45 paise in comparison to previous day's closing of 71.73. Check currency rates here. The rupee on Friday..

HDFC Bank Raises MCLR Across Tenures, 1-year MCLR at 8.6%

13 days ago

Business / GoodReturns/ News All

Following other leading lenders in the country including State Bank of India (SBI), ICICI Bank and Bank of Baroda, HDFC increased its marginal cost of funds based lending rate or MCLR by 20 basis points across tenures. One basis point (1bps)..

Daily Use Items To Cost More By 5-8% Beginning Next Quarter

13 days ago

Business / GoodReturns/ News All

As per the report in leading business daily, in the wake of several inflationary concerns such as the record high fuel prices, increase in the minimum support price (MSP) for farmers as well as upward price trajectory seen in respect of..

India's Current Account Deficit Widens for the April-June Period

13 days ago

Business / GoodReturns/ News All

For the quarter ended June 2018, India's current account deficit (CAD) widened to a four-quarter high of 2.4 percent of the GDP (gross domestic product) at $15.8 billion, an RBI statement on Friday said. It is higher than January-March 2018 quarter's..

Tata Capital’s NCD Opens On September 10: Should You Invest?

13 days ago

Business / GoodReturns/ Personal Finance

Tata Capital's lending arm Tata Capital Financial services is set to launch NCD issue for the first time to raise a total of Rs. 7,500 crore. The base issue size is of Rs. 2,000 crore with an option to retain over-subscription..

Fuel Prices Raised to New All-Time Highs, Petrol in Delhi Close to Rs 80/Litre

14 days ago

Business / GoodReturns/ News All

Fuel prices across the country were raised once again to fresh record highs amid pressure from the rupee's fall and increase in global crude oil rates. Petrol per litre on Friday was at Rs 79.99 in Delhi, Rs 82.88 in Kolkata,..

Gold Gains In Price For Third Straight Session After Dollar Weakens Against Yen

14 days ago

Business / GoodReturns/ Business

The yellow metal gold in Friday's session increased in price on reports that the US President Trump will now take on trade issues with Japan and this resulted in weakening of the dollar currency against Japan's yen. Spot gold..

GST Refund Claim Process Simplified

15 days ago

Business / GoodReturns/ Business

GST refund claim process has now been simplified as it became a big issue for businesses amid liquidity problems. As per the finance ministry now submission of print out of form GSTR-2A will be sufficient to claim GST refunds as against..

Cabinet Doubles Jan Dhan Yojana Overdraft Limit; Makes it an Open Ended Scheme

15 days ago

Business / GoodReturns/ Business

In an attempt to encourage more people to open bank accounts, the government on Wednesday decided to make the Pradhan Mantri Jan Dhan Yojana (PMJDY) an open-ended scheme and has added more incentives to the scheme. Following a crucial cabinet meeting,..

Atal Pension Yojana Extended Indefinitely, To Offer Double Accidental Cover

15 days ago

Business / GoodReturns/ Business

The flagship social security scheme of Narendra Modi government launched in the year 2015, lapsed in August this year, but on Wednesday the Union government has decided to extend the scheme indefinitely and at the same time offer double accidental..

Sensex Reports its Sixth Consecutive Session of Decline on Rupee Woes

15 days ago

Business / GoodReturns/ Business

BSE's (Bombay Stock Exchange) Sensex posted its longest losing streak in nearly six months as rupee dipped to a new all-time low of 71.96 per dollar, erasing all gains from morning trade. The index fell 0.37 percent or 140 points to..

Rupee Slides Past 71.95 Against The US Dollar

16 days ago

Business / GoodReturns/ News All

The slide in the rupee is seeing no respite and it has hit a fresh low after breaching 71.95. The Indian rupee had appreciated at the opening by 18 paise at 71.40 against the dollar after closing at the previous record..

Petrol, Diesel Prices Remain Stable After 10 Days Of Continuous Rally

16 days ago

Business / GoodReturns/ News All

The fuel prices on Wednesday have remained unchanged after 10 days of continuous price rise. The relentless surge in price of both diesel and petrol which have scaled new highs was mainly on account of the rising crude oil price and..

Rupee Drops To A New Record Low Of 71.43 To The Dollar

17 days ago

Business / GoodReturns/ News All

The rupee today plunged to a new record of 71.43 againt the dollar, a fall of 22 paise over Monday's close. The sharp drop in the rupee continued, as the dollar gained against a basket of currencies. The Indian rupee this..

Petrol, Diesel Prices Rise Relentlessly Marking New All-Time Highs

17 days ago

Business / GoodReturns/ News All

After the tenth consecutive price hike by the state-owned retailers today, fuel prices have reached new all-time highs across all metro cities. They have not seen a day of decline since 16 August. Petrol price per litre was at Rs 79.31 in..

IndiGo Offers 10 Lakh Flight Tickets Starting at Rs 999

17 days ago

Business / GoodReturns/ News All

In a limited period offer, IndiGo on Monday has put 10 lakh (one million) promotional seats on sale at all-inclusive fares starting Rs 999 for a one-way journey across its flight network. The budget carrier is also offering "SuperCash" of 20..

Rupee Hits a New All-Time Low of 71.20 Against the Dollar at Closing

17 days ago

Business / GoodReturns/ News All

The Indian rupee plummeted to a new low of 71.20 against the US dollar at closing today (around 5:10 pm), reflecting a weakening trend in emerging market currencies. A surge in global oil prices, concerns over US-China trade war and contagion..

India Post Payments Bank Features and Types of Accounts

18 days ago

Business / GoodReturns/ Classroom

The India Post Payments Bank (IPPB) was launched on 1 September 2018 with an aim to provide access to all-Indians to the banking system. The public sector entity takes advantage of its wide reach of post offices in India that will..

Wipro Shares Surge Close to 9% on Bagging its Biggest Ever Deal

18 days ago

Business / GoodReturns/ News All

Wipro Limited in a statement on Sunday said that it has won its biggest ever contract valued over 1.5 billion from US-based Alight Solutions LLC for digital services in health, human resources and finance. The Bengaluru-based software service exporter said that..

India Post Payments Bank Launched by PM Modi Today

19 days ago

Business / GoodReturns/ News All

Prime Minister Narendra Modi launched the India Post Payments Bank (IPPB) at Talkatora Stadium in New Delhi on Saturday, 1 September 2018. In a press release, the government said, "IPPB has been envisioned as an accessible, affordable and trusted bank..

SBI Loans To Become Expensive; MCLR Increases By 0.2%

20 days ago

Business / GoodReturns/ News All

The leading state-run lender, State Bank of India (SBI) has hiked the benchmark lending rate or MCLR by 0.2%. The new rates will be effective from today. The lender has increase lending rates across tenures up to three years..

Over 60% Increase in The Number of Income Tax Returns Filing as Deadline Ends

20 days ago

Business / GoodReturns/ News All

More than 5.29 crore income tax returns (ITR) have been filed by taxpayers for the financial year 2017-18, within the deadline of 31 August 2018, according to a PTI report. This means that there has been an increase of more than..

Why HPCL Is A Good Stock To Bet On?

20 days ago

Business / GoodReturns/ Personal Finance

It's never a good idea to recommend an oil marketing stock, when crude prices are climbing. However, diesel and petrol prices are now aligned to market rates, which does not impact stocks like HPCL too much. Of course, if the government..

Savings Strategies to Educate Your Child Abroad

21 days ago

Business / GoodReturns/ Personal Finance

Many Indians today aspire to educate themselves or their children abroad. There is no requirement to be exceptionally intelligent or rich to get one's child a college admission in a foreign university. A recent study suggests that the number of Indian..

Petrol, Diesel Prices at All-Time High

21 days ago

Business / GoodReturns/ News All

Fuel prices in three metro cities of India have breached their previous records of all-time highs from May. Petrol per litre in Delhi today was priced at Rs 78.52, 9 paise higher than its previous record high of 78.43 on 29..

IRDAI Asks Life Insurers To Increase Grace Period For Premium Payment

21 days ago

Business / GoodReturns/ News All

IRDAI, the insurance regulator on Thursday instructed life insurance companies to extend the grace period for renewal premium payment to 60 days for insured people in flood affected state of Karnataka and Kerala. The premium payment may be due..

Best Bank FDs For Retired Individuals

22 days ago

Business / GoodReturns/ Personal Finance

Whether you are young or old, investments and returns on investment is the pinning question in everyones mind. More so if you are retired or about to retire. We hear a lot of private and government firms coming up with a..

6 Pension Payment Related Bank Norms That Government Employees Should Know

24 days ago

Business / GoodReturns/ Classroom

For the convenience of senior citizen pensioners who have worked or are working for the government, the Reserve Bank of India (RBI) has issued various instructions to banks disbursing pensions that will help them sort common pension-related issues. The directives were..

ITR Filing: Claiming Excess Tax Paid As Refund-Note These Points

25 days ago

Business / GoodReturns/ Personal Finance

There can be cases when you forget to claim for one or the other deductions that you can benefit from or say fail to produce some other investment proofs to your employers and hence were required to pay higher taxes then...

5 Reasons to Store Your Insurance and Other Important Documents Using DigiLocker

27 days ago

Business / GoodReturns/ Classroom

The recent floods in various states of India have taught us the importance of saving important documents like that of an insurance policy in digital forms. Apart from natural calamities, you can be a victim of theft or you can misplace..

Should Investors Buy And Tender Shares In L&T Buyback?

27 days ago

Business / GoodReturns/ Personal Finance

Coming out with a buyback offer has a multitude of rationale for the company and among all such objectives, L&T primarily to boost its earnings per share as well as the return on equity. Also, as against the expected offer size..

Business Opportunity: Portable Petrol Pumps to Come to India Soon

28 days ago

Business / GoodReturns/ Personal Finance

Portable petrol pumps are new to India and Alinz has received approval from the Ministry of Petroleum and Natural Gas to manufacture them. Alinz told PTI reporters this week that it has tied up with Czech firm Petrocard to set up..

How Demat Account Helps You Save Tax?

28 days ago

Business / GoodReturns/ Classroom

Though with the new provisions it is now mandatory to have a demat account in place for the day-to-day trading in shares or just to have the physical delivery in shares in demat form or electronic format. It is to be..

How to Protect Your Money From Digital Thefts?

29 days ago

Business / GoodReturns/ Personal Finance

From paying for groceries to cars, today, we are highly exposed to digital transactions. Using multiple devices and exposing important data especially related to your finances can leave you vulnerable to misuse of information. While we debit/credit cards for almost everything,..

Here's How To Claim Insurance If Your Documents Or IDs Go Missing

one month ago

Business / GoodReturns/ Personal Finance

The recent flood of a massive scale in the beautiful state of Kerala has sent once again an alarm to well be prepared as nature's fury is truly left unknown to mankind. And during such times, when it becomes very difficult..

Why FDs Are Looking More Attractive Than Stocks?

5 hours ago

Business / GoodReturns/ Personal Finance

Interest rates have climbed in the last few months and have climbed really fast. Recently, Hawkins Cookers, began offering interest rates of 10.75 per cent on its three-year deposit. The yield was close to 12 per cent. Now, this is from..

Will Shares Of Yes Bank Plunge On Kapoor's Term Announcement Until Jan-end?

yesterday

Business / GoodReturns/ Personal Finance

On Wednesday, RBI announced that incumbent Rana Kapoor will have to step down from his position as Yes Bank's CEO and MD from February 1, 2019. In a stock exchange filing, the private-sector lender late Wednesday said, "RBI has intimated that..

What Is Withholding Tax?

yesterday

Business / GoodReturns/ Classroom

Withholding tax also referred as retention tax is generally found in all tax systems and is an income tax obligation that is charged to income at source and herein the payer of the income is liable to pay this tax to..

MobiKwik Offers 50% Off on Petrol Price Only for Today; Check Details Here

yesterday

Business / GoodReturns/ News All

Just for today between 6 and 9 pm, e-wallet services company, MobiKwik is offering its users a SuperCash offer to get a 50 percent discount on petrol price. "Users will be able to use SuperCash to get a 50 percent off..

Sugar Stocks Decline As Govt Defers Sugar Export Subsidy Decision

2 days ago

Business / GoodReturns/ News All

Sugar stocks pared their early morning gains to trade lower after the Union Cabinet food minister Ram Vilas Paswan as per the Reuters report said on Wednesday that various proposals for supporting the sugar industry that includes decision on export subsidy..

Trade War Intensifies as China Retaliates With Tariffs on US Goods Worth $60 Billion

2 days ago

Business / GoodReturns/ News All

The trade spat between the two biggest economies of the world has intensified. After the US president Donald Trump imposed a new round of tariffs on Chinese imports on Monday, China was provoked to retaliate. On Monday, the US administration..

India Defers Retaliatory Tariffs On US Imports To Nov 2

2 days ago

Business / GoodReturns/ News All

Even as the Sino-US trade war tensions have again taken a new worrisome path with the US President Trump planning to levy 10% tariff on Chinese goods worth $200 billion next week and the Chinese government in reciprocation announcing to retaliate..

IRCON International IPO’s Retail Portion Subscribed Fully

2 days ago

Business / GoodReturns/ News All

The IPO issue of IRCON International that opened for subscription on Monday has been subscribed 49% so far on the second day of subscription. As per the NSE website data, Rs. 470 crore offer has received bids for 48.15 lakh equity..

Why Dena And Vijaya Bank Rallied Whilst BoB Fell After Merger News?

3 days ago

Business / GoodReturns/ Classroom

The Finance minister in order to provide some sigh of relief to the banking industry on Monday notified the merger of 3 public-run banks namely Bank of Baroda, Vijaya Bank and Dena Bank that are saddled with NPAs heavily. While..

CNG, PNG To Become Expensive From October

3 days ago

Business / GoodReturns/ News All

The price of CNG and PNG will increase from October as the government in accordance with the new domestic gas policy will revise prices of natural gas for the October-March period. As per the calculations of Care Ratings, the hike..

ICICI Prudential Mutual Fund Launches New Close Ended Scheme

3 days ago

Business / GoodReturns/ Mutual Funds

ICICI Prudential Mutual Fund has launched a new close ended debt fund scheme named "ICICI Prudential Fixed Maturity Plan- Series 79 - 1106 Days Plan M" with maturity period of 1106 days from the date of allotment. The New Fund..

ICICI Prudential Mutual Fund launches New Close Ended Scheme

3 days ago

Business / GoodReturns/ Mutual Funds

ICICI Prudential Mutual Fund has launched a new close ended equity scheme named "ICICI Prudential India Recovery Fund - Series 6" with maturity period of 1100 days from the date of allotment.The New Fund Offer (NFO) price for the scheme..

What Are Masala Bonds? How Rupee's Fall Can Be Curbed Using These?

3 days ago

Business / GoodReturns/ Classroom

Masala bonds are rupee-denominated bonds or debt instruments issued by Indian corporates to raise money from foreign investors for different projects. Earlier, corporates relied heavily on platforms such as external commercial borrowings or ECBs for overseas credit but faced acute currency..

Karnataka Govt to Cut Petrol, Diesel Prices by Rs 2/Litre

4 days ago

Business / GoodReturns/ News All

As fuel prices continue to rise across cities in India, Karnataka state government steps up to reduce the burden on its consumers. Chief Minister HD Kumaraswamy on Monday announced a cut in taxes on petrol as well as diesel by a..

Time To Move Money Partially From Equity To Debt

4 days ago

Business / GoodReturns/ Personal Finance

There are two things that are right now happening that can alter your investment strategy a little. The first is that equity markets are near peak levels and the second is that interest rates are rising in India and the global..

Committee Gets Insurance Cover Worth Rs 265 Crore for a Ganesh Idol in Mumbai

5 days ago

Business / GoodReturns/ News All

Known as the wealthiest Ganesh Mandal in Mumbai, GSB Seva Mandal in King's Circle area has opted for an insurance cover worth close to Rs 264.8 crore for this year, as per a Times of India report. The idol has been..

Is Pension Taxable in India? - All You Need to Know

6 days ago

Business / GoodReturns/ Personal Finance

Pension is the payment received by an individual or his/her spouse on attaining the official age of retirement from a fund that is generated with regular payments towards it (PF) during the employment years. Just as employees can be categorised as..

How Can You Partner With Cafe Coffee Day (CCD) For Regular Income?

6 days ago

Business / GoodReturns/ Personal Finance

It is more likely that you have visited a Cafe Coffee Day outlet and enjoyed one of their popular beverages. The cafe chain had over 1530 outlets across all the Indian states as on March 2015. It has a presence in..

Sugar Stocks Surge Close to 20% in Trade; Here's Why

7 days ago