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Fixed deposits (FDs) are secure financial instruments, which offer guaranteed returns. In a fixed deposit account, money is deposited for a specific time, which varies from seven days to 10 years. Besides, fixed deposit offer higher interest rates than savings accounts. Normal savings accounts offer interest rates between 3-4 per cent usually.

Budget passenger carrier IndiGo has partnered with Andhra Pradesh government to provide air connectivity between Vijayawada and Singapore, a press release issued by the airline said. The carrier will operate two weekly non-stop services between Vijayawada and

Ahead of Diwali, airlines have recently announced a host of discounts on domestic and international flight tickets. SpiceJet is offering domestic flight tickets at a starting all-inclusive price of Rs 888 under a limited-period 'Festive Season Sale', according to the a

Ahead of Diwali, airlines have recently announced a host of discounts on domestic and international flight tickets. SpiceJet is offering domestic flight tickets at a starting all-inclusive price of Rs. 888 under a limited-period 'Festive Season Sale'. IndiGo,

A basic savings bank deposit (BSBD) account is a type of zero balance savings account and does not require customers to maintain any particular minimum average balance. Key banks like State Bank of India (SBI), HDFC Bank offer the facility of zero balance

ICICI Bank on Friday reported a net profit of Rs 908.88 crore for the July-September period. That marked a nearly 56 per cent fall from a net profit of Rs 2,058.19 crore posted for the corresponding period a year ago. The net profit fell short of Street estimates. Analysts on an average had expected a net profit of Rs 998 crore in Q2, news agency

The Reserve Bank of India (RBI) has instructed top lenders in the country to offer a certain number of free ATM transactions (including both financial and non-financial) in a month, irrespective of the location of ATMs. However, customers are charged for

Top banks, both public and private, in the country offer the service of ATMs but have certain charges for their customers for making transactions at ATMs. From State Bank of India (SBI) to private sector banks like HDFC Bank, ICICI Bank, Axis Bank offer limited

The Reserve Bank of India (RBI) on Friday said it would buy Rs 40,000 crore ($5.45 billion) worth of government bonds via open market operations (OMO) in November to inject liquidity into the market. The move comes amid worries of a liquidity crunch after defaults at one of the country's largest infrastructure financing companies.

Regular savings accounts in banks require account holders to maintain a certain minimum average balance (MAB) every month. Leading banks such as State Bank of India (SBI), Punjab National Bank (PNB), HDFC Bank and ICICI Bank have fixed their

Oil-marketing companies slashed the prices of petrol across the four metro cities for the tenth straight day on Saturday. Petrol is priced at Rs. 80.85 per litre in New Delhi, Rs. 82.71 per litre in Kolkata, Rs. 86.33 per litre in Mumbai and Rs. 84.02 per litre in

Dr.Reddy's Laboratories posted a better-than-expected rise in second-quarter profit as higher sales in some emerging countries offset a marginal decline in business in North America, a key market for the Indian generic drugmaker. Dr.Reddy's net profit soared 69.7 per cent to Rs 518

Indian Railways operated Northern Railway has introduced 78 special trains in order to handle the rush during Diwali and Chhath festivals, reported Press Trust of India (PTI). This year, the festival of Diwali falls on November 7, while the Chhath Puja is on November 13.

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 November 12, 2018 to January 31, 2019. The booking period of the offer ends on October

Share markets on Friday: Twenty three out of 30 Sensex stocks closed the session in the red.

IndiGo has extended its "Diwali special sale" offer till October 28, 2018, said the carrier on its official website - goindigo.in. The sale - applicable for travel between and November 8 this year and April 15 next year - comes amid high competition

IRCTC (Indian Railway Catering and Tourism Corporation), which handles the catering and tourism operations of the Indian Railways, offers the facility of online booking of train tickets. The advance booking for train ticket opens 120 days before the date of

ITC Ltd, the country's biggest cigarette maker, posted a near 12 per cent rise in September-quarter profit on Friday, boosted by higher cigarette revenue. Profit was Rs 2,955 crore ($403.03 million) in the quarter ended September 30, compared with Rs 2,640 crore a year earlier, the maker

Fuel prices witnessed a further cut on Sunday across the four metro cities. The oil marketing companies (OMCs) slashed rates of petrol and diesel by 40 paise per litre and 33 paise per litre, respectively, in Delhi. In the national capital, petrol was sold at Rs. 80.05 per

A top Reserve Bank of India official said on Friday that undermining a central bank's independence could be "potentially catastrophic", in comments appearing to push back against government pressure ahead of a general election next year. Government officials have recently called for the RBI to relax its lending restrictions on some banks,

Fixed deposit (FD), a secure investment instrument, offers higher interest rates than the deposits in savings accounts. Fixed deposits can be started for specific period, which can be as short as 7 days. The FD accounts which have a lock-in period of five or 10 years also

Fixed deposits (FDs) are secure financial instruments, which offer guaranteed returns. In a fixed deposit account, money is deposited for a specific time, which varies from seven days to 10 years. Besides, fixed deposit offer higher interest rates than savings accounts. Normal savings accounts offer interest rates between 3-4 per cent usually.

The Supreme Court on Friday directed the Amrapali group of companies to furnish details of all the bank accounts of its 46 companies, including 23 others mentioned by the forensic auditors in their interim report.

Allowing time till October

Billionaires made more money in 2017 than in any year in recorded history and the richest people on Earth increased their wealth by a fifth to $8.9 trillion, according to a report by Swiss bank UBS. "The past 30 years have seen far greater wealth creation than the Gilded Age" the UBS

Angriya cruise, which started its first-ever voyage on October 20, is the country's first luxury cruise liner. Angriya Cruise runs between Mumbai and Goa and can accommodate 399 passengers at a time, noted Angriya cruise on its official website -

The Hyderabad High Court has directed the Telangana government and Telangana State Industrial and Infrastructure Corporation to pay over Rs 660 crore to the debt-laden Unitech towards principle and interest in a case related to a land development project in 2008.

Justice MS Ramachandra Rao gave the direction on October 23, on the

The country's largest domestic airline, IndiGo, will add 30 per cent capacity this financial year to maintain dominance of the world's fastest growing aviation market, although its parent company has just recorded its first quarterly loss

Quarterly results, along with manufacturing PMI and fiscal deficit data, are likely to drive the equity market in the coming week.

Market participants and analysts expect value buying in the indices as the market has been largely bearish in the last couple of weeks.

In

Small finance banks - which are banks aimed primarily at financial inclusion - pay interest rates in a range of 3.5-9.5 per cent on FDs or fixed deposits of up to Rs 1 crore. These lenders, such as Equitas Small Finance Bank, AU Small Finance Bank,

The committee of creditors of debt-laden Essar Steel India Ltd has chosen ArcelorMittal SA and Japan's Nippon Steel - Sumitomo Metal Corp as the winning bidders for the asset, Nippon Steel said in a statement on Friday. The two companies would pay a total of