Budget carrier IndiGo has joined the fare war by offering fares from an all-inclusive Rs. 1,887, which the airline says is its all-time low ever. This offer is open on bookings today and travel period between September 25, 2014, and January 15, 2015. It is applicable on the airline's domestic rou

Much to consumers’ relief, petrol prices will be reduced by more than Rs 2 from Thursday midnight. The news, however, came from Petroleum Minister Dharmendra Pradhan on Wednesday instead of oil marketing companies (OMCs), indicating that the government still has a firm handle on the OMCs’ decisio

MUMBAI: The number of free withdrawals from third-party ATMs is soon set to come down from five a month to two for account holders in cities. The Reserve Bank of India (RBI) has asked banks to continue with the existing facility for rural ATMs and provide them details of the number of machines that

Petrol prices have been reduced by Rs. 1.09, while diesel prices have been hiked by 50 paise. The new rates are effective midnight. "During the past fortnight, petrol prices have shown a downward trend while the INR-USD exchange rate has slightly depreciated. The combined impact of the two factor

NEW DELHI: Apprehending further increase in onion prices from next month due to short supply, the government appears set to import the key kitchen ingredient to cool down domestic prices. While a formal decision is expected next week, sources said public sector companies have been asked to look at t

NEW DELHI: Here are the highlights of Union Budget 2014 tabled by finance minister Arun Jaitley on Thursday: * Tax proposals on indirect tax front would yield Rs 7,525 crore. * ​Indian Custom Single Window Project to be taken up for facilitating trade. * Clean energy cess increased from Rs

NEW DELHI: Finance minister Arun Jaitley on Thursday spared the common man from price hike by keeping duties on commonly used day-to-day items unchanged but made it costlier for smokers and tobacco consumers with a steep increase in excise rate in tax proposals in Budget 2014-15. Following is a l

Here are the highlights of Rail Budget 2014: * Indian railways to become the largest freight carrier in the world. * Social obligation of Railways in 2013-14 was Rs 20,000 crore. * Gross traffic receipts in 2013-14 was Rs 12,35,558 crore; operating ratio was 94 per cent. * Focus in past

Dubai: Looking for a place to rent in Dubai that doesn’t break the bank? Stay away from Shaikh Zayed Road or the commercial centre. The cheapest studio apartment in Dubai can be found in International City, about 17 kilometres away from Dubai Mall, according to data compiled by property consult

NEW DELHI: For railway minister D V Sadanand Gowda, it will be a tightrope walk between populism and tough reform measures as it presents the Modi government's first railway budget on Tuesday at a time when the cash-strapped transporter is gasping for survival. Prime Minister Narendra Modi, who m

NEW DELHI: The slew of measures announced by the Modi government to fight rising prices have raised the question: Since all this has been done before, will it work? During UPA 2, minister for consumer affairs K V Thomas told the Lok Sabha 11 different times that state governments had been told to se

New Delhi:  As the Centre patted itself on the back for what it called timely action to contain prices for essential food items such as pulses, onions and potatoes, Opposition-ruled states who attended a meeting in the capital were clearly not impressed. They accused the BJP-led NDA government of no

If you are planning to buy a car and fuel efficiency is what you are looking for, consider Honda. Honda Car's newest generation City is the least thirsty among the cars manufactured and sold in India, followed by Amaze, another sedan from the Japanese auto maker. Local market leaderMaruti Suzuki

MUMBAI: Dubai-based Emirates Airline will commence daily A380 flights to Mumbai from July 21. The airline, the largest A380 operator in the world will be the second carrier to fly the superjumbo to Mumbai. Singapore Airlines is scheduled to launch A380 flights to Mumbai and Delhi from Friday onwa

In India's biggest ever e-commerce deal, the country's largest online retailer, Flipkart, has acquired the biggest fashion retailer online - Myntra - in a deal estimated at around Rs. 2,000 crore. Homegrown Flipkart is the clear leader in India, but international giant, Amazon, is snapping at its

The Reserve Bank of India (RBI) on Tuesday asked banks not to levy penalty on customers who don't maintain minimum balance in basic savings bank accounts. As part of a consumer protection initiative, RBI Governor Raghuram Rajan said: "Banks should not take undue advantage of customer difficulty o

The car is likely to intensify competition in the popular small car category and will compete with cars such as Maruti Suzuki's Alto 800 and Hyundai's Eon. Japanese auto maker Nissan, on Wednesday, launched the Datsun brand in India with the first offering 'GO' priced between Rs.3.12 lakh and Rs.

MUMBAI: Low-cost carriers SpiceJet and IndiGo on Tuesday kicked off yet another round of price war in the aviation sector, the fourth in two-and-a-half months, offering massive discounts on advance booking under 'super Holi sale' scheme. While SpiceJet confirmed the offer, wherein it is selling t