Business

DAINIK NATION BUREAU Reliance Jio has added two new plans to its portfolio. The new Jio 199 and Jio 299 plans – being dubbed Happy New Year 2018 plans by the telco – aim to offer daily data benefits to those with limited budgets. Apart from daily data benefits, the two new plans come with free voice calling, national roaming, ...

Buoyed by the BJP’s electoral success in Gujarat and Himachal Pradesh, the Sensex on Tuesday rallied 143 points as it moved closer to an all-time high. Firm Asian stocks on bets that US tax reforms Bill will go through supported the uptrend. The NSE Nifty wrested control of the crucial 10,400-mark. In the sectoral space, all indices were up, driven ...

Government of India, in consultation with the Reserve Bank of India, had floated Series III of Sovereign Gold Bonds 2017-18, for a period from October 09, 2017 to December 27, 2017 (with subscription period Monday to Wednesday every week). The Bonds will be issued on the succeeding Monday after each subscription period. For the next subscription period i.e. December 18-20, ...

After its merger with its five associate banks, India’s largest public sector lender State Bank of India (SBI) has now changed the names and Indian Financial System Codes (IFSC) of its branches across major cities. The cities are Mumbai, New Delhi, Bengaluru, Chennai, Hyderabad, Kolkata and Lucknow and others. How to find SBI branch IFSC code According to the SBI ...

Disinvestment-bound Air India is seeking loan worth over Rs 1,100 crore for modification of two Boeing aircraft scheduled to be acquired next month for ferrying VVIPs, according to an official document. The two Boeing 777-300 ER aircraft are to be delivered in January 2018 and the cost for “modification in its (planes) interior configuration” is estimated to be USD 180 ...

DAINIK NATION BUREAU The Reserve Bank of India (RBI)  kept repo or key lending rate unchanged at 6 per cent amid inflation concerns. This was announced by RBI while disclosing the monetary policy committee report public today. The central bank reiterated that it is maintaining a “neutral” stance in monetary policy. Five members of the monetary policy committee voted to ...

Benchmark Nifty trimmed losses during fag-end trade to close marginally lower today following selling in metal, realty, IT, auto and infra stocks. Investors maintained their cautious stance ahead of RBI policy decision tomorrow. Negative global cues and weak Nikkei India services PMI data also weighed on sentiment. However, buying in media, energy, banking and financials sectors capped the losses. Overseas, ...

GST collections slipped almost 10 per cent to Rs 83,346 crore in October as tax rates on several product were cut and teething troubles with the new regime pushed back implementation of key provisions. As many as 50.1 lakh Goods and Services Tax (GST) returns filed for October resulted in a revenue of Rs 83,346 crore, down from over Rs ...

DAINIK NATION BUREAU ASSOCHAM has urged Uttarakhand government to urgently set up a special ‘investment monitoring task force,’ to ensure timely and effective implementation of live investment projects worth over Rs two lakh crore attracted by the state from global and domestic private and public sources as of FY-17 to create around 30,000 direct jobs in next five years. “Speeding ...

To provide a major boost to air connectivity in the Northeast, 92 new routes will be opened in the region in the second round of the government’s ‘Udaan’ scheme, Union Minister of State for Civil Aviation Jayant Sinha said in Imphal. Sinha also announced a direct bi-weekly Air India flight from Delhi to Imphal from January next year, which he ...