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Gains in banking, financial services and infra stocks pushed the indices higher

Domestic stock markets reversed early losses to break a three-day losing spree on Wednesday, shrugging off weakness in Asian peers on global growth concerns. National Stock Exchange (NSE) benchmark index Nifty rose 66 points to

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Domestic stock, forex markets remained closed on Tuesday on account of Christmas.

Domestic financial markets remained closed on Tuesday on account of Christmas. On Monday (Christmas Eve), the domestic equity markets registered a two-week closing low while the rupee edged higher against the dollar, to settle at 70.14. Concerns related to global

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Max India shares closed 3.95 per cent lower at Rs 80.30.

Healthcare firm Max India said on Monday it would sell a majority stake in its hospital-operating joint venture to KKR-backed Radiant Life Care Pvt Ltd, resulting in a listed company worth Rs 7,242 crore ($1.03 billion). In a so-called reverse merger, Radiant will buy out the other JV

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Bank strike today: This is the second bank strike in less than a week.

Branches of state-owned banks are shut on Wednesday on account of a nation-wide strike called by the United Forum of Bank Unions (UFBU) against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda. However, private

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According to GoAir, it expanded the services effective December 22.

Budget passenger carrier GoAir on Monday said that it has enhanced its operations to Phuket with the launch of daily directly flights from Mumbai, New Delhi and Bengaluru, reported news agency Indo Asian News Service (IANS). "At the beginning GoAir started two direct flights per

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Bank employees have called a strike on Wednesday, December 26, a day after the December 25 holiday for Christmas. With the failure of conciliation talks, about 10 lakh employees in private and government banks would go on strike on December 26 protesting against the merger of Bank of Baroda, Dena Bank and

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Maruti Suzuki India, the country's top-selling carmaker, said on Wednesday it would recall 5,900 mini pickup trucks to inspect a defect in the fuel filter of some units.

The auto maker will inspect the likely defect in its Super Carry vehicles manufactured between April 26 and August 1 this year, it said in a statement.

At 10:32 am, shares in Maruti

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India witnessed a dramatic rise of eight unicorns in 2018 from among the start-ups across verticals.

Bengaluru: 

India witnessed a dramatic rise of eight unicorns in 2018 from among the start-ups across verticals as against a mere nine in six years from 2011 till 2017, according to IT industry apex body Nasscom.

The start-ups joining the select club

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Twenty-four of the 30 Sensex stocks finished in the red.

Declining for a third consecutive session, domestic stock markets closed in the red on Monday as political uncertainties in the US and slow global economic growth dampened investor risk appetite. S-P BSE Sensex dropped 271.92 points, or 0.76 per

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INR Vs USD: Financial markets were closed on Tuesday on account of Christmas.

Mumbai: 

The rupee gained 19 paise against the US dollar on Wednesday to trade at 69.95 after increased selling of the US currency by exporters and banks. However, a lower opening of the domestic equity markets capped the rise, dealers said.  

At the Interbank Foreign

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There were 492 crore pieces of the Rs 20 note in circulation as on March 31, 2016, according to RBI data

Soon, a new currency note of Rs 20 denomination will be introduced in the market. The Reserve Bank of India (RBI) would soon introduce the new 20-rupee bank note, news agency Press Trust of India reported

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Arun Jaitley said the government will look at transferring cement into a lower GST slab

Mumbai: 

The government is working towards a single national sales tax rate which could be a mid-point between 12 and 18 per cent, Finance Minister Arun Jaitley said on Monday, in an effort to simplify the tax structure.

The government set the range for the Goods

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Except IT and pharma, all sectoral indices traded in the green.

Domestic stock markets rebounded after falling over 1 per cent on Wednesday supported by gains in shares of private bank and auto companies. The S-P BSE Sensex rose as much as 233.65 points to touch 35,703.80, while the Nifty50 barometer of

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Petrol and diesel prices are reviewed by state-run oil marketing companies every day

Petrol prices were at the year 2018's lowest levels in Delhi, Kolkata, Mumbai and Chennai, while diesel prices were at their lowest since March. Petrol prices were reduced by seven paise per litre in the four metros on Tuesday, while diesel prices were kept

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Jim Pattison roars through rural Saskatchewan in his silver pickup truck, barreling down the prairie road that runs arrow-straight to the horizon. Tossed into the back seat is a sleeping bag and crimson pillow-the unlikely berth for Canada's self-made billionaire when he can't find a motel.

Observing the speed limit appears optional, using the turn

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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. On maturity, the depositor is paid a lump-sum amount which includes the periodic investments and the interest income

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Fixed deposit interest rates are subject to change from time to time.

Fixed deposits (FDs) are secure financial instruments offered by commercial banks, small finance banks, non-banking financial companies (NBFCs) and post offices, which fetch guaranteed returns. In a fixed deposit account, money can be invested for a higher rate of interest than

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Kalpataru, with a 49-year legacy, has found its way to Noida, where they have envisioned a first-of-its-kind living experience. Splendidly created, tastefully crafted and magnificently placed, Kalpataru Vista is more than just a building with four walls; it is about a life beyond them. A life that feels like a vacation, away from daily stress and

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In March, Vedanta was declared as the successful resolution applicant for ESL under insolvency process.

Kolkata: 

Vedanta on Tuesday said it will set up a new steel plant in Jharkhand with a capacity of 4.5 million tonne (MT) per annum at an investment of $3-4 billion. The plant will be part of the company's newly-acquired Electrosteel Steels Ltd

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New York: 

Crude oil prices plunged more than 6 per cent to the lowest level in more than a year on Monday, pulling back sharply late in the session as fears of an economic slowdown rattled the market.

US crude futures and global benchmark Brent hit their lowest levels since 2017 during the session, putting both benchmarks on track for losses of

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Losses in auto and metal stocks offset advances inIT and pharma counters

Domestic stock markets started the holiday-shortened week on a lacklustre note, amid a subdued trend in Asian peers on global growth concerns. Benchmark indices Sensex and Nifty opened higher but moved in a narrow range see-sawing

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The finance minister said charities in India depend on social endowments.

Hospitals, universities and other institutions in developed countries receive large endowments due to factors like inheritance tax, which is not the case in India, Finance Minister Arun Jaitley said on Tuesday. Analysing the means of funding for India's healthcare and

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Rupee gained 30 paise to touch a day's high of 69.88 per dollar in late morning trade.

The rupee on Monday recovered by 4 paise to close at 70.14 against the US currency, aided by weak crude oil prices and the dollar's losses in global markets due to political uncertainty in the US. Crude oil prices remained below the $55 per barrel mark,

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The new GST rates will come into effect from January 1, 2019.

New Delhi: 

Lauding the GST Council's decision to reduce the tax rates on several items and services, Ficci's President Sandip Somany on Sunday said a gradual reduction in GST rates would further stabilise and strengthen the tax regime.

The Goods and Services Tax (GST) Council in its 31st

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However, private sector banks will continue to function as usual.

New Delhi: 

Services of state-owned banks are expected to be impacted on Wednesday due to a nation-wide strike call given by unions to protest against the proposed amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda. This will be the second bank strike in less than a week.

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The decline in domestic fuel prices comes amid the recent fall in global crude oil prices.

New Delhi: 

Petrol price in Delhi fell below the Rs 70-per-litre mark on Monday for the first time after January and recorded the lowest level in 2018 at Rs 69.86 per litre.

On Sunday, petrol was sold at Rs 70.07 a litre in the national capital, data on the

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Mumbai: 

An Indian start-up is turning its attention towards usurping the West's largest hotel chains after establishing itself as India's biggest player and shaking up the Chinese market.

Oyo Rooms, which specialises in no-frills accommodation, was only formed in 2013 but is already worth an estimated $5 billion after receiving funding from

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Sovereign, however, traded flat at Rs 25,000 per piece of 8 grams.

Gaining for second straight day, gold prices Tuesday rose by Rs 125 to Rs 32,400 per 10 grams at the bullion market in the Delhi, reported news agency Press Trust of India. The prices climbed on higher demand from local jewellers even though international markets were closed due to

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Sovereign gold, however, traded flat at Rs 25,000 per piece of eight grams.

Gold prices rose by Rs 175 to Rs 32,275 per 10 grams at the bullion market on Monday, reported news agency Press Trust of India. The jump came on the back of positive global cues and fresh buying by local jewellers. Silver followed suit and advanced by Rs 200 to Rs 38,000

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SBI charges certain fee per transaction for these money transfer services, the bank said.

State Bank of India (SBI) offers the facility of Immediate Payment Service (IMPS), National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) service for transfer of funds, or money, from one account to another through computer-based

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