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Government expected to miss disinvestment target of Rs 80,000 crore in 2019, India Ratings said.

MUMBAI: The fiscal deficit target for the year ending March 2019 is set to be missed due to a shortfall in revenues and lower-than-targeted disinvestment proceeds, India Ratings and Research said on Monday. The country's 2019 fiscal deficit target has

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BNP Paribas, Goldman Sachs International and Standard Bank Group are also appointed.

Airtel Africa, a unit of telecom operator Bharti Airtel Ltd, said on Monday it had appointed eight banks for an intended initial public offering (IPO) on an international stock exchange.

The company has appointed JP Morgan, Citigroup Inc, BofA Merrill Lynch, Absa

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The minimum amount that one requires to open a fixed deposit with SBI is Rs 1,000.

For investors looking to make safe returns, State Bank of India (SBI) offers the option of opening a fixed deposit (FD) and recurring deposit (RD) account under it's personal finance portfolio. In a SBI FD account, one can deposit a lump sum of money for a specific

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IRCTC saloon has a kitchenette for cooking fresh food while on travel.

Indian Railways in association with Indian Railway Catering and Tourism Corporation (IRCTC) offers exclusive travel experience in saloon coaches to destinations of choice. Saloons, also known as 'Home on wheels', provide the comforts of home with a spacious living room, two

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INR Vs USD: On Thursday, rupee had closed at 70.69 after gaining 77 paise against the dollar.

The rupee gained 39 paise to 70.30 paise against the US dollar in early trade on Monday amid plunging crude oil prices, reported news agency Press Trust of India (PTI).

On Thursday, the rupee had closed at 70.69 after gaining 77 paise against the dollar .

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On the technical charts, the NSE Nifty50's short-term trend has turned bearish.

Upcoming key macro-economic data points, coupled with the trends in global stock markets and the direction of foreign fund flows will influence the trajectory of key equity indices in the week ahead, analysts opined.

Additionally, the ongoing state elections, derivatives

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Share markets on Monday: Twenty one out of 30 Sensex stocks closed in the green.

Domestic stock markets rose about 1 per cent on Monday, taking positive cues from Asian peers. Bombay Stock Exchange (BSE) benchmark index Sensex ended at 35,354.08, up 373.06 points or 1.07 per cent from the previous close, and

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The new rules will become applicable from December 5, said the CBDT notification.

The Income Tax Department has released a new set of rules for PAN (permanent account number) card applicants. The new PAN card rules, to come into effect from December 5, 2018, require financial entities which make transactions worth Rs 2.5 lakh or more in a financial

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IL-FS group had a debt of more than Rs 91,000 crore at the end of March 2018.

New Delhi: 

Following an "overwhelming response" to buy units of debt-ridden Infrastructure Leasing and Financial Services Ltd (IL-FS), its state-appointed board will soon put on sale another 8 to 10 subsidiaries, an official said on Saturday. "I understand that

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"IndiGo customers will NOT compulsorily have to pay for the seats," said the airline.

IndiGo said on Monday that it has not changed its web check-in policy under which customers can choose their seats online. The statement from the low-cost carrier came a day after it said that all seats under its web check-in policy would be chargeable. "Keeping i

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Reliance Jio Rs. 149 prepaid recharge pack offers 42 GB of data with a daily limit of 1.5 GB.

Telecom companies are offering data packs at attractive prices as they are highly popular among customers. Recently, Vodafone, Bharti Airtel, Idea and Mukesh Ambani-owned Reliance Jio have rolled out a host of new prepaid plans to attract customers.

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Rupee Rs 1.24 from its previous week's close of Rs 71.92.

Political uncertainty as well as capital outflows from the financial markets are likely to restrict the Indian rupee in a range of 70-71 per US dollar next week, experts said on Saturday.

However, low crude oil price is expected to limit any weakness in the local currency.

According to

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Struggling carrier Jet Airways said on Monday it has appointed Robin Kamark as nominee director of stakeholder Etihad Airways PJSC with effect from December 1.

Mr Kamark, who has spent 17 years at Scandinavian Airlines System, will replace Harsh Mohan as nominee director, Jet said in a statement. Jet is 24 per cent owned by Etihad Airways.

Earlier

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Lenders also pay slightly higher interest rates on fixed deposits to senior citizens.

A fixed deposit (FDs) is a secure financial instrument offered by banks, which fetch guaranteed returns. In a fixed deposit account, money can be invested for a higher rate of interest than savings accounts. One can deposit a lump sum of money in fixed deposits for

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IndiGo is offering domestic and international flight tickets from Rs. 899 and Rs. 3,199, respectively.

Airlines have announced a host of discount offers on domestic and international flight tickets. Jet Airways has announced additional frequencies across its international network at a starting all-inclusive price of Rs. 11,501. The country's

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Jet Airways sale: Flight tickets are valid for 12 months from the date of commencement of journey.

Jet Airways is offering domestic flight tickets at a starting all-inclusive price of Rs 1,313. The special fares are applicable on one way journey in economy class on select flight tickets, noted the carrier on its official website- jetairways.com.

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Major cause for increase in fraud incidents "appears to not having been adequately addressed, said report

Mumbai: 

Rounding off the year of India's biggest banking fraud on state-run Punjab National Bank (PNB), British professional services multinational Deloitte on Sunday said such frauds will continue to rise with banks continuing to "lack a

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Upgradation of passengers are done in one class above only, said Indian Railways.

Indian Railways' auto upgradation scheme promotes full-fare paying passengers to higher class without any extra charge against the available vacant accommodation. This not only benefits the waitlisted passengers but also help

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Airlines have been looking at ways to increase their revenues from ancillary services.

NEW DELHI: The government said on Monday that it was reviewing airlines' decision to charge passengers for any of the seats selected at the time of web check-in to ascertain whether the move is in compliance with existing rules. No-frills airline IndiGo, which

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Charges towards a cheque bounce vary from one bank to another.

Cheque Bounce or dishonour of cheque occurs when a cheque that is presented in the bank cannot be processed for one reason or another. It happens when the account holder has non-sufficient funds (NSF) in the bank account or if the signatures on the cheque do not match with the original

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The maturity period of post office senior citizen savings account is 5 years.

India Post, the postal system of the country offers several saving schemes with different rates of interest. Senior Citizen Savings Scheme (SCSS), one such scheme offered by India Post, serves as an investment avenue and helps in generating wealth for a successful

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Jet Airways has a market capitalisation of 35.03 billion rupees as of last close.

Jet Airways Ltd, the biggest full-service carrier in India, has been under dark clouds for the past few months. While intense pricing competition, weak rupee and rising fuel costs have hurt Indian airlines like IndiGo owned by InterGlobe Aviation Ltd and SpiceJet Ltd,

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India Post, which also provides banking services besides postal services, offers several savings schemes for small savers. One such product offered by India Post is monthly income scheme (MIS). The post office MIS account offers an interest rate of 7.3 per cent per annum. The interest on post office monthly income scheme (MIS) account is payable

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For the week, Brent was on track for a 11 per cent loss and WTI a 9.4 per cent decline.

Tracking a fall in global crude prices, petrol and diesel rates were slashed across the four metro cities on Saturday. Petrol was priced at Rs. 75.25 per litre in Delhi, Rs. 77.22 per litre in Kolkata, Rs. 80.79 per litre in Mumbai and Rs. 78.12 per litre in

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"We should not shy away from discussions or have a fresh look," Mr Garg said.

The government wants to discuss changes to the Reserve Bank of India's governance structure at a board meeting next month, including setting up some oversight panels, Economic Secretary Subhash Chandra Garg told ET Now. Garg, who is a government nominee for the RBI board,

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Globally, oil prices slumped more than 6 per cent to the lowest in more than a year on Friday

Fuel rates were further slashed by up to 50 paise per litre across the four metro cities on Sunday by OMCs (oil marketing companies). Petrol was priced at Rs. 74.84 per litre in Delhi, Rs. 76.82 per litre in Kolkata, Rs. 80.38 per litre in Mumbai and Rs.

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Microsoft has become the most valuable US company with $753.3 billion in market capitalisation.

San Francisco: 

Microsoft has become the most valuable US company with $753.3 billion in market capitalisation, riding past Apple for the first time since 2010 when it came close to the Cupertino-based tech giant. Apple, which became the first $1-trillion

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India's finance industry is letting a good crisis go to waste by not learning from it.

The sudden $12.8 billion bankruptcy of infrastructure lender IL-FS Group, currently sequestered under a government-blessed, out-of-court process, underscores India's lack of preparedness to handle a big shift in lending in recent years - away from banks.

Before

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Maximum amount permitted in user's IRCTC e-wallet account is Rs 10,000.

Indian Railway Catering and Tourism (IRCTC), the e-ticketing arm of Indian Railways, offers secure online payment via it's e-wallet service. According to Indian Railways, IRCTC e-wallet is a scheme under which user can deposit money in advance with IRCTC and later use it for

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Fixed deposit is an interest-bearing bank deposit account that has a specified date of maturity.

Fixed deposits (FDs), also known as term deposits, are secure investment instruments offered by private and public sector banks, small finance banks, non-banking financial companies (NBFCs) and post offices. FD is an interest-bearing bank deposit

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