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India Post, which also provides banking services besides postal services, offers several savings schemes for small savers. One such product offered by India Post is monthly income scheme (MIS). The post office MIS account offers an interest rate of 7.3 per cent per annum. The interest on post office monthly income scheme (MIS) account is payable

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For the week, Brent was on track for a 11 per cent loss and WTI a 9.4 per cent decline.

Tracking a fall in global crude prices, petrol and diesel rates were slashed across the four metro cities on Saturday. Petrol was priced at Rs. 75.25 per litre in Delhi, Rs. 77.22 per litre in Kolkata, Rs. 80.79 per litre in Mumbai and Rs. 78.12 per litre in

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India Post interest: Investment in time deposit or recurring deposit accounts fetches a 6.9-7.8% return

India Post pays interest rates up to 7.8 per cent per annum on five types of term deposits. Term deposit - or fixed income deposit - is a fixed-income instrument in which the investment amount is held in a financial institute for a fixed,

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Globally, oil prices slumped more than 6 per cent to the lowest in more than a year on Friday

Fuel rates were further slashed by up to 50 paise per litre across the four metro cities on Sunday by OMCs (oil marketing companies). Petrol was priced at Rs. 74.84 per litre in Delhi, Rs. 76.82 per litre in Kolkata, Rs. 80.38 per litre in Mumbai and Rs.

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Microsoft has become the most valuable US company with $753.3 billion in market capitalisation.

San Francisco: 

Microsoft has become the most valuable US company with $753.3 billion in market capitalisation, riding past Apple for the first time since 2010 when it came close to the Cupertino-based tech giant. Apple, which became the first $1-trillion

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BSBD accounts do not require customers to maintain any particular minimum average balance.

Basic savings bank deposit (BSBD) account is a type of zero balance savings account where average monthly balance (AMB) rule is not applicable. Average monthly balance (AMB) is the minimum average of deposits required by the bank customers in their savings

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Maximum amount permitted in user's IRCTC e-wallet account is Rs 10,000.

Indian Railway Catering and Tourism (IRCTC), the e-ticketing arm of Indian Railways, offers secure online payment via it's e-wallet service. According to Indian Railways, IRCTC e-wallet is a scheme under which user can deposit money in advance with IRCTC and later use it for

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Fixed deposit is an interest-bearing bank deposit account that has a specified date of maturity.

Fixed deposits (FDs), also known as term deposits, are secure investment instruments offered by private and public sector banks, small finance banks, non-banking financial companies (NBFCs) and post offices. FD is an interest-bearing bank deposit

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The economic impact of the crypto collapse has so far been limited.

The great cryptocurrency crash of 2018 is heading for its worst week yet.

Bitcoin sank toward $4,000 and most of its peers tumbled on Friday, extending the Bloomberg Galaxy Crypto Index's decline since November 16 to 23 per cent. That's the worst weekly slump since crypto-mania

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The minimum amount that one requires to open a fixed deposit with SBI is Rs 1,000.

For investors looking to make safe returns, State Bank of India (SBI) offers the option of opening a fixed deposit (FD) and recurring deposit (RD) account under it's personal finance portfolio. In a SBI FD account, one can deposit a lump sum of money for a specific

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The corpus stays locked-in till the age of 60 years in SBI's NPS account.

State Bank of India (SBI) offers National Pension System (NPS) with an objective to provide social security to all citizens of India. According to SBI, NPS is a defined contribution pension system introduced by the Government of India as a part of pension sector reforms. It

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Sovereign, however, remained flat at Rs 24,800 per piece of 8 grams in scattered deals.

A weak global trend and fading demand from local jewellers dragged down gold prices by Rs 90 to Rs 31,950 per 10 grams at the bullion market on Friday, reported news agency Press Trust of India (PTI). Silver too declined by Rs 200 to Rs 37,800 per kg due to

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On the technical charts, the NSE Nifty50's short-term trend has turned bearish.

Upcoming key macro-economic data points, coupled with the trends in global stock markets and the direction of foreign fund flows will influence the trajectory of key equity indices in the week ahead, analysts opined.

Additionally, the ongoing state elections, derivatives

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SpiceJet has deployed a new 189 seater Boeing 737 MAX aircraft.

Budget passenger carrier SpiceJet on Friday launched daily non-stop flight services on the Delhi-Hong Kong-Delhi route.

Acccording to SpiceJet, Hong Kong earmarks the airline's eighth international destination after Bangkok, Colombo, Dubai, Dhaka, Kabul, Male and Muscat.

"Hong Kong is

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Bank fixed deposits are for people who are averse to taking risks on their investments.

Just letting your savings stay idle in a bank account cannot grow your money. Investing your money in the right savings schemes boosts your savings, say financial planners. Bank fixed deposits (FDs) are one of the most popular fixed income instruments. Investing

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IL-FS group had a debt of more than Rs 91,000 crore at the end of March 2018.

New Delhi: 

Following an "overwhelming response" to buy units of debt-ridden Infrastructure Leasing and Financial Services Ltd (IL-FS), its state-appointed board will soon put on sale another 8 to 10 subsidiaries, an official said on Saturday. "I understand that

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The booking period of Jet Airways' offer ends on November 29, 2018.

Jet Airways has announced additional frequencies across airline's international network at a starting all-inclusive price of Rs 11,501. The discounted fares are applicable on return journey in economy class on select international flight tickets, said Jet Airways. The booking

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Globally, oil prices plunged to their lowest since late 2017 on Friday in choppy trading.

Oil marketing companies slashed the prices of petrol and diesel across the four metro cities on Friday on falling crude prices. Petrol price was cut by 40 paise per litre in Delhi, Kolkata and Mumbai, and by 42 paise per litre in Chennai. Similarly, diesel

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Rupee Rs 1.24 from its previous week's close of Rs 71.92.

Political uncertainty as well as capital outflows from the financial markets are likely to restrict the Indian rupee in a range of 70-71 per US dollar next week, experts said on Saturday.

However, low crude oil price is expected to limit any weakness in the local currency.

According to

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The Reserve Bank of India board is to meet next on December 14

Seven hours out of nine spent on the Reserve Bank of India (RBI) board meeting on Monday were taken up by presentation only, news agency ANI has quoted a board member as saying. "We attended the Monday meeting with complete preparation and were

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Train 18 is regarded as a successor to the prestigious 30-year-old Shatabdi Express.

Train 18 -- the country's first engine-less semi-high speed train -- is likely to start operations by December 15, a senior railway ministry official was quoted as saying in a Press Trust of India (PTI) report. The train is currently undergoing trials in Moradabad.

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IndiGo is offering domestic and international flight tickets from Rs. 899 and Rs. 3,199, respectively.

Airlines have announced a host of discount offers on domestic and international flight tickets. Jet Airways has announced additional frequencies across its international network at a starting all-inclusive price of Rs. 11,501. The country's

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India is among the biggest importers of gold with imports of over $33.65 billion in the last fiscal.

The government would soon bring out an integrated gold policy and set up a domestic gold council to promote growth in the sector, Commerce Minister Suresh Prabhu said on Friday. Prabhu said the government is also looking at the industry's demand for

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The current fiscal's current account deficit is expected to reach 2.8 per cent.

MUMBAI: Lower global crude oil prices are expected to contain the rise in current account deficit (CAD) to 2.6 per cent of the gross domestic product (GDP) in 2018-19, an SBI Ecowrap report said on Thursday. Current account is the net difference between inflows and

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Upgradation of passengers are done in one class above only, said Indian Railways.

Indian Railways' auto upgradation scheme promotes full-fare paying passengers to higher class without any extra charge against the available vacant accommodation. This not only benefits the waitlisted passengers but also help

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To avail Jio's scheme, customers need to activate the device until June 2019.

Reliance Jio has come up with a new cashback scheme under which it is offering benefits worth Rs 2,400, said the telecom company in a press release. However, the scheme is only valid with purchase of smartphone Redmi Note 6 Pro. Jio is offering 24 vouchers worth Rs 100

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Oil prices slumped to 2018 lows on Friday in choppy trading, pulled down an emerging crude supply overhang amid a bleak economic outlook.

The fall came even as markets expect the Organization of the Petroleum Exporting Countries (OPEC) to start withholding supply after a meeting planned for December 6.

International benchmark Brent crude oil futures

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The maturity period of post office senior citizen savings account is 5 years.

India Post, the postal system of the country offers several saving schemes with different rates of interest. Senior Citizen Savings Scheme (SCSS), one such scheme offered by India Post, serves as an investment avenue and helps in generating wealth for a successful

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Gold reserves rose by $73 million to $20.961 billion, the data showed.

Mumbai: 

The country's foreign exchange reserves rose by $568.9 million to $393.580 billion in the week to November 16, mainly due to a spurt in foreign currency assets, according to RBI data. In the previous week, reserves had declined by $121.2 million to $393.01 billion. In

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Jet Airways introduced these new routes at the beginning of winter schedule.

Jet Airways has announced new connections across airline's domestic network at a starting all-inclusive price of Rs 2,398. The special fares are applicable on one way journey in economy class on select flight tickets, noted the carrier on it's official website-

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