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Petrol in Mumbai costs Rs 82.28 and diesel Rs 76.88.

New Delhi: Petrol price has been cut by over Rs 4 per litre and diesel by Rs 2.33 in the last 18 days on softer international rates, a pace faster than the spike in prices witnessed in the two-month period beginning mid-August. Petrol price Sunday was cut by 21 paise a litre and diesel by 17

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Recurring deposit interest rates, once determined, do not change during the tenure.

Recurring Deposit or RD is a kind of term deposit under which one needs to deposit a fixed amount at fixed interval, which generates interest income. On maturity, the depositor is paid a lump-sum amount which includes his/her periodic investments and the interest

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Flipkart's Diwali Sale: The e-commerce is offering new deals every eight hours.

E-commerce marketplace Flipkart is offering discounts on smartphones, laptops, electronic items, fashion products, among others in a special 'Big Diwali Sale' offer. This festival sale offer will continue till November 5, stated the e-tailer on its official website-

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GoAir is flying overseas nearly 13 years after it started domestic operations.

GoAir is all set to introduce direct flights to Phuket and Male from Bengaluru, said the airline on microblogging website, Twitter. Under a special scheme, the airline is offering return fares starting from Rs 15,199. The offer is valid till November 15, 2018, it further

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Sovereign gold, however, remained flat at Rs 24,900 per piece of eight grams.

Gold prices recovered by Rs 20 to Rs 32,650 per 10 grams at the bullion market Saturday on festive season demand even as the precious metal weakened overseas, reported news agency Press Trust of India. Tracking gold, silver too rose by Rs 30 to Rs 39,530 per kg. Traders

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The rupee is down over 13% against the dollar so far this year

The rupee registered its strongest single-day gain in five years on Friday, amid a plunge in crude oil prices and a spike in equity markets. The rupee strengthened by 101 paise against the greenback to settle at 72.44 for the day, marking its

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The special trains will be operated up to November 15, said Northern Railways.

Ahead of Diwali, Indian Railways operated Northern Railway has introduced 78 special trains for the convenience of rail passengers and to clear extra rush. These special trains will run in coordination with other zonal railways, said Norther Railway on it's official

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SBI offers a range of zero balance savings accounts.

State Bank of India (SBI) offers certain zero balance savings accounts, 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 bank accounts. SBI's zero balance savings accounts

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Until now, the central bank did not allow commercial banks to provide credit enhancement to NBFCs

Mumbai: 

The Reserve Bank of India (RBI) sought on Friday to ease a massive credit crunch affecting non-banking finance companies (NBFCs) by allowing banks to act as partial guarantors for some of their existing debt which should make it easier to

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Trading at stock exchanges, however, won't take place on November 7-8 on account of Diwali.

With the impending US sanctions on Iran, as also the ongoing quarterly earnings season and the upcoming festival of Diwali, the Indian equity market is likely to witness a short but eventful trading week ahead. Among the global factors, the US reimposing

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E-ticket cannot be cancelled after chart preparation for normal passenger, said IRCTC.

IRCTC (Indian Railway Catering and Tourism Corporation), which handles the catering, tourism and online ticketing operations of the Indian Railways, also offers the option of ticket cancellation, through its official website- irctc.co.in or mobile app. However,

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Shares in Apple Inc fell 6 per cent on Friday, cutting the tech major's market value back to less than $1 trillion after it forecast softer-than-expected sales for the holiday quarter and fueled nerves over iPhone sales by saying it would no longer release the figures.

The dip in Apple's shares to $208.50 knocked around $67 billion off its value,

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Post office savings account interest rate is 4 per cent per annum.

Diwali, the festival of lights, is considered an auspicious occasion to invest. For people looking to invest, there are multiple investment avenues like Post office fixed deposit (FD), Post office Public Provident Fund (PPF), Post office recurring deposit (RD), among others, that

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Under its Rs. 159 prepaid recharge plan, Idea is offering unlimited local, STD and roaming calls

Idea Cellular has come up with a new prepaid recharge pack priced at Rs 159, said the telecom operator on its official website, ideacellular.com. Under this recharge pack, Idea offers unlimited calling, 1 GB data per day among other benefits for a

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In partnership with various mobile wallets, Reliance Jio is offering a cashback of up to Rs 300.

Reliance Jio, the telecom arm of billionaire Mukesh Ambani-led Reliance Industries is going all out to attract customers in the run-up to Diwali. Reliance Jio is offering special plans for Diwali and 100 per cent cashback coupons, according to the

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Govt Vs RBI: One of the vexed issues between the two is related to RBI's February 12 circular.

Amid speculation that the government may have invoked a hitherto unused section to overrule the Reserve Bank of India (RBI) on the pretext of "public interest", the central bank has shot back with its own definition of "public interest".

Reserve Bank

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It may be noted that banks offer a slightly higher interest rate on FDs to senior citizens.

Public sector lender Canara Bank has revised its fixed deposit (FD) rates with effect from November 1, 2018. Fixed deposits (FDs), also known as term deposits, are secure financial instruments, which offer guaranteed returns. Canara Bank has increased fixed

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SBI has issued over 39.5 crore debit cards with around 26 crore actively-used debit cards

SBI or State Bank of India customers can now withdraw up to Rs 20,000 in a day using select cards issued by the lender. In a statement at the end of last month, the country's largest bank SBI announced a reduction in daily ATM withdrawal limits applicable to

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Amazon India's festival sale offer will continue till November 5.

E-commerce marketplace Amazon India is offering discounts on smartphones, TVs, electronic items, appliances, fashion products among others in it's 'Diwali Special Great Indian Festival sale'. This festival sale offer will continue till November 5, stated the e-tailer on its official

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The company's turnover during the period under review rose 23 per cent to Rs 16,541 crore.

The Steel Authority of India Ltd (SAIL) on Friday reported a standalone profit after tax of Rs 553.69 crore for the second quarter of 2018-19.

The company had posted a net loss of Rs 539.06 crore in the July-September period of the previous financial year. 

"The

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The rupee is expected to touch 72 to the dollar next week as sentiment remains upbeat, say dealers

The rupee was the second-best performer in Asia, rising the most in over five years on Friday, on lower global oil prices and as China and the United States expressed optimism about resolving their bruising trade war.

A decline in oil prices and the

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Opening an Atal Pension Yojana account requires one to hold a savings account in a bank or a post office.

The government on Friday said the number of Atal Pension Yojana (APY) subscribers, targeted at the unorganised sector, has crossed 1.24 crore mark with 27 lakh new subscribers joining in the current financial year, reported news agency IANS.

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PM Modi termed the 12 new measures as "historic" that will make Diwali brighter for the sector

Prime Minister Narendra Modi Friday announced sanction of loans of up to Rs 1 crore in 59 minutes, relaxation in labour laws, easier compliance with environmental rules and changes in company laws for small and medium enterprises as a 'Diwali gift' to

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Indian Oil has a deal to buy up to 9 million tonnes of Iranian oil in financial year 2018-19

New Delhi: 

Major refiner Indian Oil said on Friday the US might allow the country to keep buying oil from sanctions-hit Iran as removing Iranian supplies from the market would impact global crude prices.

"I can't say there will be a waiver or no waiver, but

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Globally, gold after moving both ways, ended the week a shade lower at $1,233.20 an ounce.

Gold strengthened for the sixth straight week and gathered further grounds to hit almost six-year high of Rs 32,780 and ended at Rs 32,650 per 10 gram at the bullion market amid pick-up in buying activity ahead of Diwali. Silver, however, lacked necessary

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The flexi-fares will be reduced from 1.5 to 1.4 times the base ticket fare in 101 trains.

As a gift to passengers this festive season, Indian Railways has decided to scrap flexi-fares in 15 premium trains, while the scheme will no longer be applicable in 32 trains during lean periods. The reduction of flexi-fares is going to benefit both the p

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Gold demand in the county in 2018 is expected to fall from the previous year.

MUMBAI/BENGALURU: 

Physical gold demand was lacklustre this week, with dealers offering discounts for the metal ahead of a traditionally busy festival week for the first time in at least three years, as high prices kept consumers away. Prices in India, the second biggest

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Analysts on average had expected a profit of Rs 6,861 crore, according to Refinitiv data.

NEW DELHI: 

Oil and Natural Gas Corporation posted a 61 per cent jump in second-quarter profit on Saturday, with higher crude oil prices helping it to beat forecasts. ONGC's net profit stood at Rs 8,265 crore ($1.14 billion) in the quarter ended September 30,

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Sebi has directed the entities to deposit the amount within 45 days.

New Delhi: 

Passing a fresh order in the nearly a decade-old Satyam scam, capital markets regulator Sebi or Securities and Exchange Board of India on Friday barred B Ramalinga Raju and three other entities from the securities markets for 14 years and directed them to return Rs 813

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Analysts say signs of improvement in the economy boosted investor confidence

Stock markets registered strong gains on Friday in line with Asian peers. The Sensex ended 579 points, or 1.7 per cent, higher at 35,011 while the Nifty settled at 10,553, up 172 points from the previous close. That marked the

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