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Scheme will provide an assured pension based on a guaranteed rate of return of 8 per cent per annum for ten years.

India ranked second last in pension benefits: study

India has been taking slow but steady steps towards strengthening its retirement income system.

22 Oct 2018 6:30 PM IST

Moodys has downgraded Chinas long-term rating by one notch from Aa3 to A1 as the Chinese government grapples with the challenges of rising financial risks stemming from years of credit-fueled stimulus.

Indian banks' profitability weaker than BRICS peers: Moody's

Indian banks with a tangible common equity ratio of 8.7 per cent at the end of 2017.

22 Oct 2018 6:23 PM IST

The rupee finally settled at 69.89 on Tuesday, showing a modest gain of 4 paise over the previous close. (Representational image)

Rupee skids 24 paise to close at 73.56 against US dollar

Rupee opened on a higher note at 73.36 and gained further ground to hit an intra-day high of 73.19 against the US...

22 Oct 2018 6:11 PM IST

The aircraft is being inspected by the Jet Airways Engineering team and ground personnel. (Representational Image)

Jet Airways' plans to wet lease ATRs to TruJet hit air pocket

The plan to wet lease up to seven ATRs from Jet Airways is on hold as of now.

22 Oct 2018 6:05 PM IST

FMCG major Nestle India yesterday reported a decline of 8.66 per cent in its standalone net profit to Rs 167.31 crore for the quarter

DGAP finds Nestle profiteered Rs 100 cr, company deposits money in...

Nestle India, in an e-mailed response, said it as a responsible corporate citizen has passed on the benefits of GST to...

22 Oct 2018 5:24 PM IST

Maruti Suzuki India Dzire

Maruti leads PV segment in September; seven models in top ten list

MSI's premium hatchback Swift stood at the first position with sale of 22,228 units in September.

22 Oct 2018 5:17 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI plans to raise up to Rs 25,000 crore in FY19

Central board of the bank gave its approval to two proposals of the bank, SBI said in a regulatory filing.

22 Oct 2018 5:09 PM IST

If you are under the age of 60, heres a check list to help you plan your money decisions to create wealth, insure adequately, and save tax in 2018-19.

Average income of salaried, non-salaried & corporate taxpayers rises:...

The number of salaried taxpayers has increased from 1.70 crore (assessment year 2014-15) to 2.33 crore (AY 2017-18).

22 Oct 2018 5:03 PM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex ends in red as late sell-off reverses early gains

Sensex slipped into the negative zone to hit a low of 34,082.76 before ending at 34,134.38.

22 Oct 2018 4:56 PM IST

File image of a man counting cash at a petrol pump.

Fuel prices slashed for fifth day, petrol now cost Rs 81.34 in Delhi

Price of petrol has been reduced by 30 paise to retail at Rs 86.91 per litre in Mumbai.

22 Oct 2018 11:46 AM IST

1,500 points swing was recorded in Sensex before it settled the day at 279.62 points, or 0.75 per cent lower at 36,841.60.

Sensex bounces 321 points in early trade on positive Asian cues

The NSE Nifty was quoting 49.60 points, or 0.48 per cent,higher at 10,353.15.

22 Oct 2018 10:12 AM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Rupee gains 8 paise to 73.24 against US dollar in early trade

Weakness in the dollar against a few currencies overseas and early gains in domestic equities gave some support to the...

22 Oct 2018 9:43 AM IST