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The Income Tax Department has said that its board will soon start giving e-PAN within four hours

New Delhi: 

Filing of income tax return for assessment year 2018-19 has so far risen 50 per cent since last year, a top finance ministry official said on Tuesday. "This is the effect of demonetisation," Central Board of Direct Taxes (CBDT) Chairman

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Train 18 has features to enhance passengers' comfort, including inter-connected fully-sealed gangways.

Train 18, the country's first locomotive-less train, sped up to 180 kmph between Kota junction and Kurlasi station during a trial, reported news agency Indo-Asian News Service (IANS). With this trial which was conducted on Sunday, efforts are on

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The jet fuel rate reached a five-year high in November.

Indian Oil Corp., the country's biggest fuel retailer, cut jet fuel prices for domestic and international carriers.

The price in Delhi for domestic airlines was cut to Rs 68,050.97 a kiloliter on December 1, an 11 per cent reduction from a month earlier, according to a statement by the

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INR Vs USD: The dollar index softened 0.3 per cent to 96.718.

The rupee fell by 9 paise to 70.55 against the US dollar in early trade on Tuesday, reported news agency Press Trust of India (PTI). Losses in the domestic currency came amid rising crude oil prices and strengthening of the US dollar. Trading in

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Crude oil prices surged over 3.85 per cent to $61.75 per barrel in global markets.

Snapping its four-day rising streak, the rupee Monday dropped by 88 paise, its biggest single-day loss in more than three months, to close at 70.46 against the US currency as oil prices rebounded and the US currency gained strength. Forex dealers said increased

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Forty three out of 50 Nifty stocks traded with gains.

The domestic stock markets opened in the green on Monday on positive global cues. The S-P BSE Sensex started at 36,396.69 and the Nifty50 barometer of the National Stock Exchange (NSE) opened at 10,930.70. In the first few minutes of trade, the 30-share Sensex traded at 36,387.74, up 193.44

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Share Market Today: Twenty one out of 50 Nifty stocks lost in trade.

The domestic equity benchmarks extended their weakness in early trade after opening in the green. The S-P BSE Sensex opened at 36,290.48 against its last close of 36,241. The Nifty50 barometer of the National Stock Exchange (NSE) started at 10,930.70, as compared to its

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Stock Market Today: The market breadth favoured the upmove.

The domestic stock markets finished a choppy session on Monday with mild gains, tracking advances in Asian peers as investors cheered easing of worries on the US-China trade front. BSE benchmark index Sensex ended 46 points higher at 36,241, while

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PNB revised their FD interest rates on select maturities with effect from November 1.

Bank fixed deposits (FDs) are one of the most popular fixed income instruments. Investing in a fixed deposit is secure because the returns on FD are fixed across predetermined, specific periods of time. Fixed deposit interest rates vary according to the tenor of a

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One can deposit a lump sum of money in FDs for a specific period, ranging from seven days to 10 years.

Last week, Union Bank of India revised its fixed deposit interest rates, according to the bank's website - unionbankofindia.co.in. A fixed deposit (FDs) is a secure financial instrument offered by banks, which fetch guaranteed returns. In a fixed

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Sovereign gold, however, held steady at Rs 24,700 per piece of 8 grams.

Offsetting four days of losses, gold prices Monday recovered Rs 390 to close at Rs 31,850 per 10 grams at the bullion market in the national capital on rise in demand from local jewellers amid firm trend overseas, reported news agency Press Trust of India (PTI). Silver followed

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SBI revised its FD interest rates with effect from November 28, 2018.

State Bank of India (SBI) offers a wide range of facilities under its personal banking portfolio. From fixed deposit (FD) account to PPF (Public Provident Fund) account, the lender provides a variety of options for customer's requirements.

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Mumbai: 

Reliance Communications (RCom) on Monday said its subsidiary Reliance Realty has submitted a corporate guarantee of Rs 1,400 crore to the Department of Telecommunications (DoT) as per the Supreme Court's order on November 30.

The apex court in its order directed the telecom department to approve RCom's spectrum trading deal within seven

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London: 

Unilever is to buy GlaxoSmithKline's Indian Horlicks nutrition business for around $3.8 billion, boosting the consumer goods group's position in a key emerging market. The deal, announced on Monday, marks a further step by drug maker GSK to streamline its business and follows a competitive auction in which Unilever saw off rival Nestle, as

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Post Office Fixed Deposit (FD): Joint FD account can be opened by two adults.

India Post, the postal network of the country, offers several savings schemes for small investors. One popular savings scheme offered by India Post is the Time Deposit (TD) or Fixed Deposit (FD) account. In a post office fixed deposit (FD), one can deposit a lump sum of

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Glaxo rose 1.4% in early trading in London. Unilever rose 0.6% in Amsterdam.

Unilever agreed to acquire GlaxoSmithKline Plc's Indian consumer business, including malted milk drink Horlicks, for 3.3 billion euros ($3.8 billion) to boost its footprint in one of the world's fastest-growing major economies.

It's one of the Anglo-Dutch company's largest

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Capitalisation of state banks will remain weak but centre's support will provide relief, Moody's said.

NEW DELHI: The country's real gross domestic product (GDP) for the current financial year and the next fiscal is estimated to grow at 7.2 per cent and 7.4 per cent, respectively, Moody's Investors Service said on Monday. In its annual Banking

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The new Tejas Express will be operated between Chennai and Madurai.

Indian Railways operated Integral Coach Factory (ICF) on Friday rolled out modern and feature filled coaches for Tejas Express. This comes within a month of its rolling out country's first semi-high speed train set Train 18. The second version of Tejas superfast express train was

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This week, WhatsApp unveiled its first ever, pan India TV campaign, "Share Joy, Not Rumors"

One recent afternoon in the Indian city of Pune, a 35-year-old mason named Om Prakash Gaekwad gets a crash course in technology. He watches a street-corner skit explaining the virtues of WhatsApp's messaging service and Reliance Jio's wireless network. He

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The fares under GoAir's offer are applicable on travel from December 19, 2018 to January 4, 2019.

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 December 19, 2018 to January 4, 2019. The booking period of

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RBI would then deploy its surplus capital to recapitalise state-run banks, says Mr Subramanian.

New Delhi: State-run banks need to be fundamentally reformed by allowing majority private sector participation in them as a way forward in resolving the crisis of massive non-performing assets (NPAs), or bad loans, former Chief Economic Advisor Arvind

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NEFT operates in hourly batches; RTGS transactions are processed continuously throughout business hours.

Wire transfer or electronic money transfer can be carried out instantaneously today, without the involvement of bank officials. This transfer of funds - also known as online transfer - occurs either between two accounts held in the same bank, or

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Edelweiss is setting up 20-member team to buy, recover soured consumer credit, Mr Bansal said.

A massive pile of bad business debt has kept asset-reconstruction companies busy in recent years. But as signs emerge that the supply of such assets may be levelling off, the nation's largest buyer of bad loans is considering a rare move to start

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The new PAN card rules will come into effect from December 5, 2018.

The Income Tax Department recently changed the PAN (permanent account number) card rules in order to prevent tax evasion. The new rules will come into effect from December 5, 2018. PAN, an unique 10-digit alphanumeric identity allotted to every taxpayer by the income tax (I-T)

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Jet Airways has five categories of economy fares with different levels of benefits.

Jet Airways will stop providing free meals to most domestic economy class passengers from January, in the debt-laden airline's latest move to cut costs and boost revenues. Passengers will, instead, have the option to buy meals on board, the airline said in a

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Foreign demand expanded at its quickest pace in nearly four years, shows Nikkei survey.

Factory activity in November expanded at the fastest pace this year, buoyed by a rise in domestic and foreign demand that allowed firms to raise prices, a private survey showed. Monday's survey bolsters views that business activity in Asia's third-largest

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The cess collected in October was Rs 8,000 crore.

New Delhi: 

After breaching the Rs 1-lakh crore-mark in October, revenue collection under the Goods and Services Tax (GST) slided to Rs 97,637 crore in November. The revenue collected in November relates to transactions made in October. The total GST revenue collected in October (for September) was

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Rupee vs dollar: The rupee registered a weekly gain of 25 paise against the greenback

The rupee moved lower by 88 paise to end at 70.46 against the dollar on Monday, marking the first lower closing in past four days. Monday's fall of 1.3 per cent against the greenback also marked the rupee's sharpest loss

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Abhishek Gupta, Bloomberg Economics, expects RBI to revert to neutral stance from calibrated tightening.

The economy grew at a much slower pace than economists expected last quarter, giving the central bank more reason to keep interest rates unchanged this week. After breaking through the 8 per cent mark in the quarter through June, growth eased to

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Banks charge an amount for the issuance and annual maintenance of ATM cards.

Top banks in the country offer ATM-cum-debit cards but levy certain usage charges. From State Bank of India (SBI), the country's largest lender, to private sector peers like HDFC Bank, ICICI Bank and Axis Bank - lenders offer a fixed number of ATM transactions free of cost

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