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The rupee on Monday slumped to new record low of 72.67 a dollar in intra-day trade.

MUMBAI: The rupee on Tuesday opened on a positive note by inching 15 paise higher at 72.30 against the US dollar amid increased selling by banks and exporters.

Besides, dollar's weakness against some currencies overseas including the euro also supported the rupee,

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India Post offers a rebate on advance deposit of at least six installments in recurring deposit accounts.

Post offices not only offer postal services but also allow you to make and grow your savings. India Post or the Department of Posts, which has a network of 1, 55,015 post offices, provides small savings schemes, insurance services, and old age

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A litre of petrol is vending at Rs. 88.12 in Mumbai.

Fuel prices hit fresh record highs on Monday after oil marketing companies (OMCs) raised petrol and diesel rates across the four metros cities. Petrol prices crossed Rs 88 per litre in Mumbai today. According to a notification of state-owned fuel retailers, petrol was being sold at a price of Rs

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Stock Market on Tuesday: The S-P BSE Sensex started at 38,017.49 and the NSE's Nifty50 at 11,570.25.

The domestic stock markets erased gains after opening in the green on Tuesday. At 9:17 am, the S-P BSE Sensex traded at 38,024.17, up 102 points or 0.27 per cent and the NSE's Nifty50 was at 11,468.40, with a gain of 30.30 points or 0.26 per

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IRCTC Tourism package: The package is priced at Rs 7,560, which is inclusive of GST

IRCTC (Indian Railway Catering and Tourism Corporation) Tourism is offering a tour package of 7 nights and 8 days to Vaishno Devi and Amritsar from Guwahati, said IRCTC on microblogging website -- Twitter. The package is priced at Rs 7,560, which is inclusive of GST

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Inflation data is due to be published on September 12 at 5:30 pm IST.

BENGALURU: Inflation likely eased below the Reserve Bank of India's medium-term target in August on softer food prices, a Reuters poll showed, raising the probability the central bank will keep interest rates on hold at its next rate review. The poll of nearly 40 economists

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The "realization is setting in that India is too strategic a market to be underweight," says an expert.

The technology industry will see more billion-dollar acquisitions as the next big battleground for foreign Internet companies, according to boutique advisory firm Raine Group LLC.

The e-commerce, financial technology and emerging media sectors

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AirAsia India's discounted tickets are available only for online bookings at airasia.com.

AirAsia India has announced 48-hour extension to its 'Big Sale' offer. After the extension, the flight offer is available till September 11, 2018. Under this scheme, flight tickets are available at a starting all-inclusive price of Rs 999. The travel period of

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The Indian rupee has been sliding against the U.S. dollar in recent days as emerging markets come under pressure. That's made the currency one of Asia's worst performers, losing 12 percent this year. The rupee's latest moves have sparked a debate in India. The Reserve Bank's stated policy is to reduce volatility, rather than target a specific

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The rupee has sunk 11.6% so far this year versus the US dollar.

The government has asked the central bank to bolster efforts to support the rupee, Asia's worst-performing currency of the past month, people familiar with the matter said.

Government officials communicated last week with the Reserve Bank of India on the need to intervene more

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The rupee has depreciated 13 per cent so far this year against the dollar.

Mumbai: The ongoing free fall of the rupee against the US dollar is credit negative for Indian companies, especially for those that generate revenue in rupees but rely on dollar debt to fund their operations and have substantial dollar-based expenses, Moody's Investors

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Share market on Monday: Widening current account deficit, rupee's fresh low hurt the market sentiment.

Benchmark equity indices started the week in the red on Monday. Widening current account deficit, the rupee's fresh fall  and negative global cues hurt the market sentiment. At 11:57 am, the S-P BSE Sensex dropped 329.08 points or 0.86 per ce

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Petrol, diesel rates today: A litre of petrol was being sold in Mumbai for Rs 88.26.

Petrol and diesel prices set fresh highs as fuel rates were increased further on Tuesday. A litre of petrol was being sold in New Delhi for Rs 80.87, in Kolkata for Rs 83.75, in Mumbai for Rs 88.26, and in Chennai for Rs 84.07, according to the largest fuel

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Jio's 'Celebrations Pack' automatically gets credited to the Jio account.

Mukesh Ambani-owned Reliance Jio is offering daily 2GBs or gigabytes of free additional data till September 11, a company source said in a statement. Jio's all-new free additional data offer is called as 'Celebrations Pack'.  However, the offer validity may differ from user

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INR vs USD: On Friday, the rupee rose 26 points to close at 71.76 against the dollar.

The rupee collapsed to hit a new low of 72.48 against the US dollar, falling 75 paise in late morning deals on Monday, reported news agency Press Trust of India (PTI). The fall in the rupee is due to strong demand for the

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ArcelorMittal's bid will be considered if it pays dues by September 11.

New Delhi: ArcelorMittal on Monday moved the Supreme Court challenging the NCLAT order which held that Numetal's Rs 37,000 crore in second-round bid for Essar Steel was valid. The National Company Law Appellate Tribunal (NCLAT) had also asked the rival bidder ArcelorMittal to

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Share market on Monday: Overall breadth of the market was negative

The stock markets traded on a sharply lower note on the first day of the week, with the Sensex plunging 467 points to close below the 38,000 mark for the first time since August 17. The BSE benchmark index closed at 37,922, while the NSE

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Jack Ma Ma co-founded Alibaba in 1999.

Jack Ma, the charismatic co-founder of China's largest e-commerce firm Alibaba Group Holding Ltd, will step down as chairman in exactly one year on Sept. 10, 2019, the company said.

Current Alibaba Chief Executive Daniel Zhang will replace him as chairman, while Ma will complete his current term on Alibaba's

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SBI or State Bank of India requires its savings account holders to meet its monthly average balance requirements. SBI, the country's largest bank, also provides certain types of bank accounts that do not require the customers to maintain any particular average of daily balances in a month. In other words, these bank accounts can be operated with

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Sovereign however ruled flat at Rs 24,500 per piece of eight gram.

Gold overcame a sluggish global trend by surging Rs 200 to trade at Rs 31,550 per 10 gram on Monday on increased buying by local jewellers, reported news agency Press Trust of India. Furthermore, a depreciating rupee which plunged to a fresh record low of 72.67 against the dollar,

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Jack Ma is China's biggest success story whose rags-to-riches tale is an inspiration for many.

Alibaba co-founder and Executive Chairman Jack Ma is not retiring for now and will unveil a succession strategy on Monday when he turns 54, the South China Morning Post reported on Sunday. The Hong Kong based-daily, which is owned by Ma, denied a New York

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A one-time waiver of late fees has also been announced.

The government on Monday extended the due date for furnishing form GSTR-1 (Goods and Services Tax Return) for the period from July 2017 to September 2018 till October 31, 2018. "It has been observed that the number of taxpayers who have filed form GSTR-3B is substantially higher than the

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Senior citizens get FD interest rate of 7.20% on deposits below Rs 1 crore for 1 year from SBI.

Fixed deposit (FD) interest rates paid by SBI or State Bank of India range from 5.75 per cent to 6.85 per cent. However, small finance banks such as Jana Small Finance Bank, Equitas Small Finance Bank and AU Small Finance Bank provide interest rates up

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

Recurring deposit (RD) is a kind of term deposit under which one needs to deposit a fixed amount at fixed interval, which generates interest income. Recurring deposit interest rates, once determined, do not change during the tenure. In fact, the Reserve Bank of

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UBS expects the Reserve Bank of India to hike its key rates by 0.50 per cent.

Mumbai: India is the only major emerging market having a negative balance of payments (BoP) and the pressure is expected to sustain, a Swiss brokerage said Monday, expecting the rupee to depreciate to 73 by March 2019. Shortfalls in GST collection and divestments, coupled

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iPhone has made Apple the world's most valuable company worth more than $1 trillion

Apple is set to unveil new iPhones, aiming to gain fresh momentum in the premium segment of a global smartphone market showing signs of fatigue. In its usual secretive style, Apple has remained mum about revelations planned for Wednesday's event at its spaceship

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Chaudhry, 54, has been associated with HDFC Life since January 2010.

New Delhi: The country's third largest private sector lender Axis Bank Saturday appointed Amitabh Chaudhry as Managing Director - CEO from January 1, after incumbent Shikha Sharma steps down at the end of this year. Chaudhry, currently the MD - CEO of HDFC Standard Life

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The rupee fell 72 paise against the US dollar to close at 72.45 on Monday. That marked an all-time closing low for the rupee against the greenback. The plunge in the rupee to record levels came amid a fall in emerging market currencies fuelled by rising concerns on a trade war between the US and China, the world's two largest economies. Continued

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GoAir Sale offer: However, tickets during the sale period are available on first come first basis.

GoAir has come up with a scheme under which it is offering domestic flight tickets starting from Rs 1,099, said the airline on microblogging website, Twitter. The booking period on the sale offer starts from today and is valid till September 12, 2018,

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Reliance Jio Rs. 149 prepaid recharge pack offers 42 GB of data with a daily limit of 1.5 GB.

Telecom companies are offering data packs at attractive prices as they are highly popular among customers. In the last few months, state-run BSNL, Bharti Airtel and Mukesh Ambani-owned Reliance Jio have introduced a host of prepaid recharge packs. Since

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