Income tax refund: Tax department allows individuals who have deposited excess tax to claim refund.

The Income Tax Department allows individuals who have deposited excess tax to claim refund. The income tax refunds can be claimed online using the Income Tax Department's e-filing portal, www.incometaxindiaefiling.gov.in. Filing income tax is

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DGCA announced it de-registered seven Boeing 737-800 aircraft of Jet Airways.

Aviation regulator DGCA announced it de-registered seven Boeing 737-800 aircraft of Jet Airways on Wednesday, allowing its lessors to take the planes out of the country so that it can be leased to any other airline.

In the last few weeks Jet Airways has been grounding its

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Thirteen of 19 sector gauges compiled by BSE were trading lower.

The domestic equity benchmarks extended declines led by losses in HDFC, HDFC Bank, Tata Consultancy Services, ITC and ICICI Bank. The S-P BSE Sensex fell over 300 points to intraday low of 38,624.52 and the Nifty 50 Index dropped below psychologically important level of 11,600. On

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The S-P BSE Sensex and NSE Nifty 50 Indexes ended on a flat note. Gains in Reliance Industries, ITC, HDFC Bank, Hindustan Unilever and State Bank of India were offset by losses in Tata Consultancy Services and Infosys which came under selling pressure a day ahead of March quarter earnings. Selling pressure in ICICI Bank, Axis Bank, Vedanta and

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Post Office Monthly Income Scheme (MIS) offers interest rate of 7.3% per annum.

India Post, under the Ministry of Communications, offers a wide range of financial products such as recurring deposits, savings accounts, time deposit, Kisan Vikas Patra, Senior Citizen Savings Scheme and National Savings Certificates, among other small savings schemes.

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Praj share price surged nearly 8 per cent in intraday trade on Wednesday. On the BSE, the Praj Industries stock surged as much as 10.63 per cent to touch Rs 152.50 during the session, compared to its previous close of Rs 137.85. Pune-based Praj Industries informed the stock exchanges post-market hours on Tuesday that it had signed a construction ag

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Private sector lender HDFC Bank provides a range of fixed deposit maturities from seven days to 10 years. HDFC Bank offers interest rates to the tune of 3.50-7.40 per cent to the general public on fixed deposit (FD) up to Rs 2 crore, according to its website, hdfcbank.com. The bank pays slightly higher returns to senior citizen customers. In the

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LIC Policy: LIC's Jeevan Shanti plan can be purchased by paying minimum lump sum premium of Rs 1.5 lakh.

Life Insurance Corporation (LIC) of India, the country's largest life insurer, offers pension plans besides offering insurance products like term insurance, endowment plans and money back plans. LIC Jeevan Shanti, Pradhan Mantri Vaya Vandana

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A PIL has claimed that GPay has no valid authorisation from the RBI to carry out such functions

New Delhi: 

The Delhi High Court on Wednesday asked the Reserve Bank of India (RBI) how Google's mobile payments app GPay was facilitating financial transactions without the requisite authorisation from it.

A bench of Chief Justice Rajendra Menon and

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Only one type of concession is admissible at a time at the choice of passenger, according to railway.

Indian Railways offers concessions on ticket prices for 53 different categories, the quantum of concession ranges from 10 per cent to 100 per cent. The reduction in ticket fares are available for senior citizens, students, youth, medical

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The rupee had strengthened by 37 paise on Tuesday to close at 69.30 against thedollar.

New Delhi: 

Rising for the second straight session, the rupee advanced by 19 paise on Wednesday to close at 69.11 against the dollar on strong foreign fund inflows amid the greenback's weakness against key rivals overseas.  At the forex market, the domestic unit

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Vodafone idea rights issue: The telecom company will issue 2,000 crore shares at Rs 12.50 apiece

Vodafone Idea shares rose about 1.5 per cent on Wednesday, after the opening of a rights issue by the private sector telecom company. Vodafone Idea's board had last month approved the rights issue to raise up to Rs 25,000 crore. The Vodafone Idea rights

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SBI offers several types of ATM-cum-debit cards for customer's needs.

State Bank of India (SBI) offers several types of ATM-cum-debit cards. These ATM cards include the Classic Debit card, the Global International Debit card, the Gold International Debit card and the Platinum International Debit card. These SBI ATM cards enable customers to make

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Besides banks, post offices and companies also offer fixed deposits.

Fixed Deposits (FDs) are fixed-income instruments, the returns on which are determined at the time of initiating the deposit. The annual returns on fixed deposit investments are fixed even if there are market fluctuations or geopolitical uncertainties, say financial experts. FDs

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IndiGo's new flights: IndiGo's announcementcomes amid rising competition among the airlines.

IndiGo announced three new international and 20 domestic flight connections. IndiGo will operate daily non-stop flights between Mumbai and Jeddah, and between Mumbai and Abu Dhabi with effect from June 5, 2019, the airline said in a press release. From July

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Rail Vikas Nigam shares opened on a flat note in stock market debut.

Rail Vikas Nigam shares made a tepid market debut on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The stock opened flat on the National Stock Exchange and rose as much as 4.21 per cent to Rs 19.80 from its issue price of Rs 19. On the BSE, Rail Vikas Nigam

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Last week, the board of Lakshmi Vilas Bank approved a scheme of amalgamation with the IHFL.

New Delhi: 

The Reserve Bank of India (RBI) may take more time to examine the Lakshmi Vilas Bank (LVB) and India Bulls Housing Finance Ltd (IHFL) merger deal, an official source said on Wednesday.

"It (LVB-IHFL merger) may take time for examination," a source

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FD rates: State Bank of India and India Post pay interest rates to the tune of 5.75-7.8% on term deposits

Most lenders today provide two types of term-deposit accounts: fixed deposit (FD) and recurring deposit (RD). A term deposit offers a fixed return against deposit for a particular lock-in period. A recurring deposit, also a type of term

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GoAir is offering domestic flight tickets at a starting price of Rs. 1,375

Airlines such as IndiGo and GoAir have recently announced discounts on bookings and introduced new routes. These announcements come amid rising competition in the country's civil aviation market, boosted by robust growth in passenger traffic registered over past few months.

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New Delhi: 

Refiner Indian Oil Corp (IOCL) has halted the supply of fuel to struggling carrier Jet Airways since Wednesday afternoon over non-payment of dues, a source with direct knowledge of the matter told Reuters.

This is the second time the refiner has halted fuel supplies to crisis-stricken Jet, which is saddled with over $1.2 billion in debt

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Domestic stock markets started Wednesday's session on a lacklustre note tracking weakness in Asian peers. The S-P BSE Sensex lost as much as 87.45 points, or 0.22 per cent, to 38,851.77, while the NSE Nifty moved to 11,638.65, down 33.3 points from the previous close. Selling in financial services and auto stocks dragged the markets lower.

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Domestic stock markets toggled between gains and losses on Thursday amid cautious trade, tracking  weakness in Asian peers on concerns about global economic growth among investors. The S-P BSE Sensex moved in a range of 120.23 points, between 38,649.42 on the upside and 38,529.19 on the downside. The NSE Nifty touched 11,604.20 at the day's s

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Indian Railways offers concessions on ticket prices to select categories of passengers.

Indian Railways offers concessions on ticket prices to select categories of passengers. These include senior citizens, journalists, students and patients. IRCTC or Indian Railway Catering and Tourism Corporation, the online ticketing arm of the Indian Railways,

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Income tax return: The Income Tax Department notified seven ITR forms earlier this month

Income tax assessees are set to come across certain changes in the income tax return (ITR) forms. The Income Tax Department has brought about certain changes in select ITR forms meant to be used for assessment year 2019-20. Individuals and businesses are

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New Delhi/Singapore: 

Jet Airways is fighting for survival as its fleet shrinks and some refiners tighten fuel supply terms despite efforts by the airline's lenders to find a new investor to bail out the cash-strapped carrier.

Saddled with more than $1.2 billion of bank debt, the airline has been teetering for weeks and has yet to receive a loan of

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On Tuesday, gold prices had declined by Rs 235.

Gold prices increased by Rs 90 to Rs 33,070 per 10 gram in the national capital on Wednesday, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association. The increased buying from jewellers amid firm trend overseas led to the rally in gold prices, analysts were quoted as

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SBI's Green Remit Card offers a limit of Rs. 25,000 per transaction

SBI or State Bank of India, the country's largest bank, offers a magnetic stripe-based card which enables its customers to remit money to a designated beneficiary's account on the lender's network. Called "Green Remit Card", the card facilitates non-home cash deposit transactions

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Bengaluru observed that 21 per cent people expect appraisals in the range of up to 10 per cent.

Professionals working in Mumbai, Pune and Chennai are looking for higher pay hikes in the bracket of 20 per cent and above, compared to Delhi-NCR and Bengaluru where employees expect hikes between 0-10 per cent, a survey by leading job portal Shine.com

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Domestic equity benchmarks declined sharply in today's session after the International Monetary Fund downgraded India's growth forecast to 7.3 per cent for 2019. The S-P BSE Sensex fell as much as 397 points to touch intraday low of 38,542.28 and the NSE Nifty 50 index dropped as much as 100 points to intraday low of 11,571.75. IMF's cut in

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New Delhi: 

The National Aviator's Guild (NAG), a trade union of Jet Airways pilots, has served a legal notice to the management of the airline over delays in the payment of salary.

In the notice addressed to CEO Vinay Dube, the National Aviator's Guild has threatened to initiate legal action unless the salaries of the pilots due from January to

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