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LPG price: A 14.2-kg cylinder of subsidised cooking gas costs Rs 500.90, according to Indian Oil

LPG or cooking gas prices have been lowered this month, reversing a rising trend in the past six months. While the reduction in subsidised LPG is to the tune of Rs 6.51-6.58 per cylinder (14.2 kilograms), the cut in non-subsidised rates stands at

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LIC's open offer to purchase 26 per cent shares of IDBI Bank opened on December 3

New Delhi: 

IDBI Bank on Tuesday said the government would not participate in Life Insurance Corporation (LIC)'s open offer to acquire a 51 per cent stake in the bank.

LIC's open offer to purchase 26 per cent shares of IDBI Bank opened on December 3, and will close on

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NEFT operates in hourly batches; RTGS transactions are processed continuously throughout business hours.

Wire transfer or electronic money transfer can be carried out instantaneously today, without the involvement of bank officials. This transfer of funds - also known as online transfer - occurs either between two accounts held in the same bank, or

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Bilateral trade between the two countries stood at around $52 billion in 2017.

ABU DHABI: 

India and the United Arab Emirates on Tuesday signed a currency swap agreement to boost investment and enable direct trade without using dollars or other international currencies.

The swap is for 200 crore dirhams or Rs 3,500 crore ($496 million), depending on

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State Bank of India (SBI) raised its FD interest rates between 0.05-0.10% on deposits below Rs 1 crore.

State Bank of India (SBI) has a deposit base of Rs. 28.07 lakh crore (as on September 2018). SBI, the largest commercial bank of the country in terms of assets, deposits, profits, branches, customers and employees, offers a range of services,

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Jet Airways has five categories of economy fares with different levels of benefits.

Jet Airways will stop providing free meals to most domestic economy class passengers from January, in the debt-laden airline's latest move to cut costs and boost revenues. Passengers will, instead, have the option to buy meals on board, the airline said in a

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Sebi has sought comments on the report by December 24.

An expert committee set up by the Securities and Exchange Board of India (Sebi) on Tuesday recommended that the market regulator allow listing of Indian companies on foreign exchanges even without getting listed in India. Such a framework would help Indian companies to access foreign capital at

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In October, inflation eased to 3.31 per cent.

MUMBAI: 

Analysts expect the Reserve Bank of India (RBI) to support an economy that is losing momentum by leaving interest rates unchanged at a policy meeting on Wednesday, when just over a month ago most of them had predicted a hike. Having resisted any temptation to jack up rates in October when the

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Rupee vs dollar: The rupee registered a weekly gain of 25 paise against the greenback

The rupee moved lower by 88 paise to end at 70.46 against the dollar on Monday, marking the first lower closing in past four days. Monday's fall of 1.3 per cent against the greenback also marked the rupee's sharpest loss

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Jet Airways on Tuesday has introduced 65 new weekly services to its flight operations. The additional flights - spread across its international and domestic routes - would take effect from December, the airline said in a statement. The additional frequencies, Jet Airways noted, would strengthen the domestic and international connectivity via its

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The Income Tax Department has said that its board will soon start giving e-PAN within four hours

New Delhi: 

Filing of income tax return for assessment year 2018-19 has so far risen 50 per cent since last year, a top finance ministry official said on Tuesday. "This is the effect of demonetisation," Central Board of Direct Taxes (CBDT) Chairman

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Train 18 has features to enhance passengers' comfort, including inter-connected fully-sealed gangways.

Train 18, the country's first locomotive-less train, sped up to 180 kmph between Kota junction and Kurlasi station during a trial, reported news agency Indo-Asian News Service (IANS). With this trial which was conducted on Sunday, efforts are on

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S-P Global Ratings on Tuesday lowered the credit rating of Indian automaker Tata Motors Ltd and its luxury car unit Jaguar Land Rover Automotive Plc (JLR), citing weaker-than-expected profitability at JLR. JLR has been hit hard due to trade tensions between China and the United States, low demand for diesel cars in Europe and worries over

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INR Vs USD: The dollar index softened 0.3 per cent to 96.718.

The rupee fell by 9 paise to 70.55 against the US dollar in early trade on Tuesday, reported news agency Press Trust of India (PTI). Losses in the domestic currency came amid rising crude oil prices and strengthening of the US dollar. Trading in

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Crude oil prices surged over 3.85 per cent to $61.75 per barrel in global markets.

Snapping its four-day rising streak, the rupee Monday dropped by 88 paise, its biggest single-day loss in more than three months, to close at 70.46 against the US currency as oil prices rebounded and the US currency gained strength. Forex dealers said increased

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Interest rates on fixed deposits vary according to separate maturity baskets across different banks.

Bank fixed deposits (FDs) are fixed-income instruments with a guaranteed rate of return on investments. They are popular among investors mainly because of the fixed rate of return that they offer, unlike say, stocks or bonds, the returns on which

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Share Market Today: Twenty one out of 50 Nifty stocks lost in trade.

The domestic equity benchmarks extended their weakness in early trade after opening in the green. The S-P BSE Sensex opened at 36,290.48 against its last close of 36,241. The Nifty50 barometer of the National Stock Exchange (NSE) started at 10,930.70, as compared to its

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Stock Market Today: The market breadth favoured the upmove.

The domestic stock markets finished a choppy session on Monday with mild gains, tracking advances in Asian peers as investors cheered easing of worries on the US-China trade front. BSE benchmark index Sensex ended 46 points higher at 36,241, while

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Post office small savings schemes: India Post pays interest to the tune of 4-8.7% on the nine schemes

India Post offers nine types of small savings schemes. In these small savings schemes, from National Savings Certificates (NSC) to Kisan Vikas Patra (KVP) to Senior Citizen Savings Scheme (SCSS), India Post pays interest rates to the tune of 4-8.7

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One can deposit a lump sum of money in FDs for a specific period, ranging from seven days to 10 years.

Last week, Union Bank of India revised its fixed deposit interest rates, according to the bank's website - unionbankofindia.co.in. A fixed deposit (FDs) is a secure financial instrument offered by banks, which fetch guaranteed returns. In a fixed

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Sovereign gold, however, held steady at Rs 24,700 per piece of 8 grams.

Offsetting four days of losses, gold prices Monday recovered Rs 390 to close at Rs 31,850 per 10 grams at the bullion market in the national capital on rise in demand from local jewellers amid firm trend overseas, reported news agency Press Trust of India (PTI). Silver followed

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Sovereign gold, however, moved up by Rs 100 to Rs 24,800 per piece of 8 grams.

Gold rates on Tuesday were steady at Rs 31,850 per 10 grams while silver prices jumped by Rs 380 per kg on strong industrial demand reported news agency Press Trust of India (PTI). Rising for the second day, silver jumped by Rs 380 to close at 37,740 per kg on strong

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Mumbai: 

Reliance Communications (RCom) on Monday said its subsidiary Reliance Realty has submitted a corporate guarantee of Rs 1,400 crore to the Department of Telecommunications (DoT) as per the Supreme Court's order on November 30.

The apex court in its order directed the telecom department to approve RCom's spectrum trading deal within seven

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London: 

Unilever is to buy GlaxoSmithKline's Indian Horlicks nutrition business for around $3.8 billion, boosting the consumer goods group's position in a key emerging market. The deal, announced on Monday, marks a further step by drug maker GSK to streamline its business and follows a competitive auction in which Unilever saw off rival Nestle, as

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Airtel, Reliance Jio, Vodafone, and Idea's postpaid plans come with unlimited calling and data benefits.

Leading telecom players such as Reliance Jio, Bharti Airtel and Vodafone Idea offer a host of postpaid plans in varied price ranges with more benefits to attract customers. Besides the regular offers of unlimited calling and data, various postpai

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Glaxo rose 1.4% in early trading in London. Unilever rose 0.6% in Amsterdam.

Unilever agreed to acquire GlaxoSmithKline Plc's Indian consumer business, including malted milk drink Horlicks, for 3.3 billion euros ($3.8 billion) to boost its footprint in one of the world's fastest-growing major economies.

It's one of the Anglo-Dutch company's largest

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Capitalisation of state banks will remain weak but centre's support will provide relief, Moody's said.

NEW DELHI: The country's real gross domestic product (GDP) for the current financial year and the next fiscal is estimated to grow at 7.2 per cent and 7.4 per cent, respectively, Moody's Investors Service said on Monday. In its annual Banking

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Twenty six stocks on the 50-scrip index, Nifty, finished in the negative zone

Domestic stock markets closed lower on Tuesday tracking weakness in Asian peers, amid concerns whether China and the US will be able to resolve trade differences. BSE benchmark index Sensex shed 106 points to end at 36,134 and the

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This week, WhatsApp unveiled its first ever, pan India TV campaign, "Share Joy, Not Rumors"

One recent afternoon in the Indian city of Pune, a 35-year-old mason named Om Prakash Gaekwad gets a crash course in technology. He watches a street-corner skit explaining the virtues of WhatsApp's messaging service and Reliance Jio's wireless network. He

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The fares under GoAir's offer are applicable on travel from December 19, 2018 to January 4, 2019.

GoAir is offering flight tickets at a starting all-inclusive price of Rs. 999, said the airline on microblogging website, Twitter. The fares under GoAir's offer are applicable on travel from December 19, 2018 to January 4, 2019. The booking period of

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