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Falling FD rates Invest in these financial instruments to get attractive returns

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New Delhi: In the present scenario, where interest rates are following a downward slope, investors dependent on income from traditional financial instruments such as fixed deposits (FDs) don't have much to cheer about. Banks are offering interest rates in the six to seven percent range for different time periods. Even the latest 25 basis point cut by the Reserve Bank has

Flexi fare Railways earns additional Rs 540 crore in less than a year

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New Delhi: The Railways has earned an additional revenue of Rs 540 crore in less than a year through the flexi fare scheme and there is no plan to discontinue it, a senior ministry official said.

The scheme, launched on September 9 last year, is applicable in Rajdhani, Shatabdi and Duronto trains, allowing 10 per cent of the seats to be sold at normal fare and thereaft

Air India made flyers to sit without AC in snag-hit flight for three hours

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Mumbai: Following a technical glitch in flight number AI 809,  passengers of Delhi-bound Air India flight on Saturday were forced to sit inside the aircraft for over three hours without the air conditioning working.  

The flight, AI 809, which was scheduled to depart from the Chhtatrapati Shivaji International Airport, Mumbai at 11.15 am for New Delhi, took o

ITR 2017 Know why you should file income tax returns within due date

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New Delhi: Income Tax Returns (ITR) for 2016-17 (assessment year 2017-18) were originally to be filed by 31 July, however the deadline was extended to 5 August.

But now that Income tax department has extended the deadline for filing ITRs, you must not take a laid-back approach as procrastinating your tax return can create several problems for you.

Chetan Chandak,

India home to 50 of the worlds 2000 powerful companies no Indian firm in top 100 Forbes

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New Delhi: India is home to 50 of the world’s 2000 largest and most powerful public companies, according to the Forbes’s annual list.

Mukesh Ambani-led Reliance Industries leads the pack of 50 Indian companies in the 2017 Forbes ‘Global 2000’ list.

The list gives a snapshot of the world’s largest companies, and shows the dominance of

Benami land deals Lalu Yadavs daughter Misa Bharti quizzed by Income Tax sleuths for 5 hours

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New Delhi: Rashtriya Janata Dal (RJD) chief Lalu Prasad Yadav`s daughter Misa Bharti on Wednesday appeared before the Income Tax Department officials here in connection with over Rs 1,000-crore benami (proxy) land deals case, an official said.

According to the IT official, Misa Bharti, who is also a Rajya Sabha member, was quizzed for over five hours. He, however, refu

RBI Monetary Policy to be announced today Urjit Patel may opt for status quo on rates

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New Delhi: With the Reserve Bank of India (RBI) announcing its second bi-monthly monetary policy review on Wednesday, economists expect that there would be no change to interest rates.

RBI Governor Urjit Patel- led Monetary Policy Committee (MPC) yesterday began its bi-monthly interest rate review amid the government pitching for a reduction in borrowing cost to help p

GST rates for services finalised Check out the complete list of services

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New Delhi: In a move expected to bring prices down from the current levels, the Goods and Services Tax (GST) Council has decided on a four-slab tax rate for services along with the novel concept of input credit for goods used.

The Council concluded its two-day meeting with the decision to apply the same four tax rate slabs for services as for goods, but exempted health

GST rates for services finalised Check out the complete list of services

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New Delhi: In a move expected to bring prices down from the current levels, the Goods and Services Tax (GST) Council has decided on a four-slab tax rate for services along with the novel concept of input credit for goods used.

The Council concluded its two-day meeting with the decision to apply the same four tax rate slabs for services as for goods, but exempted health

Real Estate Act comes into effect How it will protect interests of home buyers

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New Delhi: The much-awaited Real Estate Act comes into force from Monday (May 01) with a promise of protecting the right of consumers and ushering in transparency.

The government has described the implementation of the consumer-centric Act as the beginning of an era where the consumer in king. Real estate players have also welcomed the implementation of the Act, saying

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