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The decline in fuel prices come amid downward movement in global crude oil prices.

New Delhi: 

Domestic fuel prices declined for the second consecutive day with petrol prices falling around 20 paise in the four metropolitan cities.

In the national capital, petrol was sold at Rs 70.07, down from Rs 70.27 per litre on Saturday, according to data on the

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Gold is accepted in the form of raw gold such as gold bars, coins and jewellery, said SBI.

SBI or State Bank of India, the country's largest lender, offers Revamped Gold Deposit Scheme (R-GDS), which is a fixed deposit scheme in gold. A fixed deposit is a financial instrument provided by banks, which provides investors a higher rate of interest

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AirAsia's new route: The airline is offering flight tickets starting from Rs 1,599.

AirAsia India has come up with new daily direct flights between Mumbai and Bengaluru, said the low-cost carrier on microblogging website, Twitter. The airline is offering flight tickets starting from Rs 1,599, further said the tweet. AirAsia's flights on

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All the banks also charge an annual maintenance fee on possession of an ATM.

All major public and private banks in the country levy charges on customers for various uses of an ATM-cum-debit card. The customers are charged for transactions at ATMs over and above the mandated numbers of free transactions, as directed by Reserve Bank of India (RBI).

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Markets elsewhere were mixed, with European bourses flat or rising slightly, while Tokyo slid.

New York: 

Wall Street ended its worst week in a decade with more bruising losses Friday, and with the tech-rich Nasdaq entering a bear market amid worries about trade wars and a possible US government shutdown.

The Nasdaq and Dow suffered their worst weeks

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Bank strike today: Private sector banks were not affected by the strike.

State-owned bank officers' union calls strike over wages, mergers

Workers at state-owned banks called a nationwide strike on Friday in protest at proposed mergers that could cause job losses and demanded immediate wage rises.

The strike, by the All India Bank Officers'

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The daily direct flights introduced by the airline, will operate with effect from January 6, 2019.

Budget carrier SpiceJet announced the addition of Bhopal (Madhya Pradesh) to its network as its 50th domestic destination with introduction of new flights from the city. The daily direct flights introduced by the airline, will operate on

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The investment under Post Office FD qualifies for the benefit of Section 80C of the Income Tax Act.

India Post or Department of Posts, which runs the postal network of the country, offers a number of saving schemes with income tax benefits. Using these saving schemes, investor can claim a deduction up to Rs 1.5 lakh in a financial year from taxable

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LIC told the court that the amount it was investing in the bank was just one per cent of its entire funds

The Delhi High Court Friday dismissed an appeal against its single judge order rejecting a plea challenging Life Insurance Corporation (LIC)'s move to acquire a 51 per cent stake in Industrial Development Bank of India (IDBI).

A bench of Chief

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The November series F-O expiry will take place on December 27.

Mumbai: 

The equity market is expected to be influenced by global cues such as the US government shutdown, the rupee's volatility and derivatives expiry during the upcoming week.

Additionally, investor sentiments will be swayed by developments in the ongoing winter session of

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After sending two pesky central bank governors packing in a little over two years, bureaucrats have turned their attention to unwinding the monetary authority's autonomy.

Their first move, unveiled Thursday, is an innocuous - even laudable - infusion of Rs 41,000 crore ($5.9 billion) into troubled state-run lenders, bumping up this fiscal year's

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Decision is based on the report prepared by the new Board of IL-FS.

MUMBAI: Debt-laden Infrastructure Leasing - Financial Services (IL-FS) on Thursday said it has initiated two separate processes to sell the group's interests in education and the 'Alternative Investment Management' businesses. According to the firm, the decision is

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Donald Trump is taking a political risk by gambling on a shutdown.

A partial U.S. government shutdown was almost certain to drag through the Christmas holiday after the Senate adjourned on Saturday without breaking an impasse over President Donald Trump's demand for more funds for a border wall.

With no deal in sight on a bill to fund the

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The economy grew at a 4.2 per cent pace in the April-June quarter.

Washington: 

The US economy slowed in the third quarter a bit more than previously estimated, but the pace was likely strong enough to keep growth on track to hit the Trump administration's 3 per cent target this year, even as momentum appears to have moderated further early in the

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INR VS USD: Rupee opened lower at 69.93 against the dollar and dropped further to quote at 70.07.

MUMBAI: The rupee fell by 37 paise to 70.07 against the US dollar in early trade Friday amid strengthening of the US dollar against some currencies overseas and foreign fund outflows. Forex traders said besides increased demand of the US currency from

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Sovereign gold remained unchanged at Rs 25,000 per piece of 8 grams on little doing.

Breaking two-day rising streak, gold prices dropped by Rs 130 on Saturday to close at Rs 32,100 per 10 gm at the bullion market in the national capital, reported news agency Press Trust of India (PTI). Low demand from local jewellers coupled with weak global cues

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Petrol will cost only Rs 34.04 per litre and diesel Rs 38.67 per litre without taxes and dealer's commission in the national capital. Giving details of the prices of petroleum products as on December 19 in a written reply to the Lok Sabha, Minister of State for Finance Shiv Pratap Shukla said the incidence of taxes and dealers commissions work out

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Eighteen out of 50 Nifty stocks were in the red.

Domestic stock markets started Friday's session on negative notes amid weak global cues. The S-P BSE Sensex opened at 36,449.27 and the Nifty50 barometer of the National Stock Exchange (NSE) started at 10,944.25. In the first few minutes of trade, the 30-share Sensex traded at 36,389.19, down

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Finance Minister Arun Jaitley said the GST rate cut will lead to a revenue loss of Rs 5,500 crore

New Delhi: 

Finance Minister Arun Jaitley on Saturday expressed confidence that the government will meet the fiscal deficit target of 3.3 per cent of GDP for the current fiscal year, despite a revenue loss due to reduction in GST (Goods and Services

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The rupee gained 172 paise or 2.4 per cent on weekly basis

Mumbai:  Breaking four-day rising streak, the rupee slipped by 48 paise against the dollar to close at 70.18 on Friday, on month-end dollar demand and sharp losses in domestic equities, reported Press Trust of India (PTI). Increased dollar demand from importers mainly oil

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J-J said that the safety of its cosmetic talc was based on a long history of safe use.

Drugs regulator has ordered Johnson - Johnson to stop manufacturing its baby powder using raw materials in two of its Indian factories until test results prove they are free of asbestos, a senior official said on Thursday. The official at the Central

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

The Goods and Services Tax (GST) Council, headed by Finance Minister Arun Jaitley, on Saturday cut rates on 23 commonly used items such as TV screens, movie tickets and power banks. The council rationalised the 28 per cent slab by shifting seven items to lower tax

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Sovereign gold held steady at Rs 25,000 per piece of 8 grams on restricted activity.

Rising for the second straight session, gold prices on Friday jumped Rs 230 to close at Rs 32,230 per 10 grams at the bullion market in the national capital reported news agency Press Trust of India (PTI). The prices rose on the back of increased demand from local

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The discount offer on Maharajas' express is applicable for all nationalities.

IRCTC or Indian Railway Catering and Tourism Corporation is offering a 50 per cent discount on fares on Maharajas' Express. "Now when you make direct bookings on the website, you pay for one and get flat 50% discount on your companion's bookings!," said IRCTC, which

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GST meeting: The new GST rates will take effect from January 1, 2019, Finance Ministry Arun Jaitley said.

The Goods and Services Tax (GST) Council on Saturday removed seven items from the 28 per cent tax bracket. While six items, such as monitors and TVs up to 32 inches, digital cameras and video game

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Major laggards on the BSE were Wipro, Adani Ports, Maruti, Infosys, TCS and Bharti Airtel.

Domestic stock markets fell nearly 2 per cent on Friday tracking weakness across Asian markets, as investors remained jittery amid uncertain global cues. Bombay Stock Exchange (BSE) benchmark index Sensex closed at

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Finance Minister Arun Jaitley said a fall in bad loans will lead to a rise in banks' lending capacity

The government today moved a proposal in Parliament seeking sanction for additional recapitalisation bonds worth Rs 41,000 crore, Finance Minister Arun Jaitley told reporters on Thursday.

The funds will enhance the government's existing bank

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Fixed deposit interest rates vary across banks according to the tenor of a fixed deposit.

Fixed deposits or FDs are fixed-income instruments which guarantee a fixed rate of return on investments. The funds in these accounts have a specified date of maturity. Under this scheme, investor deposits his or her funds for a specified period of time and

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RBI announced the transfer of Rs 50,000 crore in dividend to government for this fiscal year in August

The government will likely renew its demand for Rs 13,140 crore ($1.9 billion) in additional dividend from the central bank helmed by newly-appointed governor Shaktikanta Das, two sources in the government told Reuters. The government believes the

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Shaktikanta Das completed consultations with heads of state-run banks on Wednesday.

New RBI Governor Shaktikanta Das has completed his consultations with heads of state-run banks, he said on Wednesday.

Das, who had earlier served in the government as Economic Affairs Secretary, took charge at the Reserve Bank of India (RBI) last week almost

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