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The corpus stays locked-in till the age of 60 years in SBI's NPS account.

State Bank of India (SBI) offers National Pension System (NPS) with an objective to provide social security to all citizens of India. According to SBI, NPS is a defined contribution pension system introduced by the Government of India as a part of pension sector reforms. It

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Sovereign, however, remained flat at Rs 24,800 per piece of 8 grams in scattered deals.

A weak global trend and fading demand from local jewellers dragged down gold prices by Rs 90 to Rs 31,950 per 10 grams at the bullion market on Friday, reported news agency Press Trust of India (PTI). Silver too declined by Rs 200 to Rs 37,800 per kg due to

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Trading in all three markets will resume on Monday, November 26.

MUMBAI: Foreign exchange, debt and stock markets are closed on Friday for a public holiday on account of Gurpurab.

Trading in all three markets will resume on Monday, November 26.

The rupee ended at 70.65 to the dollar on Thursday, while the 10-year benchmark bond yield closed at 7.71

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SpiceJet has deployed a new 189 seater Boeing 737 MAX aircraft.

Budget passenger carrier SpiceJet on Friday launched daily non-stop flight services on the Delhi-Hong Kong-Delhi route.

Acccording to SpiceJet, Hong Kong earmarks the airline's eighth international destination after Bangkok, Colombo, Dubai, Dhaka, Kabul, Male and Muscat.

"Hong Kong is

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Bank fixed deposits are for people who are averse to taking risks on their investments.

Just letting your savings stay idle in a bank account cannot grow your money. Investing your money in the right savings schemes boosts your savings, say financial planners. Bank fixed deposits (FDs) are one of the most popular fixed income instruments. Investing

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New Delhi: 

Domestic air passenger traffic grew by 13.34 per cent in October, data from aviation regulator DGCA or Directorate General of Civil Aviation showed on Thursday. According to the monthly report, 1.18 crore passengers were ferried by domestic airlines in October, up from 1.045 crore reported during the corresponding month of 2017.

According

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The booking period of Jet Airways' offer ends on November 29, 2018.

Jet Airways has announced additional frequencies across airline's international network at a starting all-inclusive price of Rs 11,501. The discounted fares are applicable on return journey in economy class on select international flight tickets, said Jet Airways. The booking

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Globally, oil prices plunged to their lowest since late 2017 on Friday in choppy trading.

Oil marketing companies slashed the prices of petrol and diesel across the four metro cities on Friday on falling crude prices. Petrol price was cut by 40 paise per litre in Delhi, Kolkata and Mumbai, and by 42 paise per litre in Chennai. Similarly, diesel

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PM Modi said pricing and marketing freedom is protecting investments made in the natural gas sector

New Delhi: 

Unveiling his vision for transforming the country into a gas-based economy, Prime Minister Narendra Modi said on Thursday that the government would more than double city gas networks to 400 districts, quadruple piped cooking gas

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The Reserve Bank of India board is to meet next on December 14

Seven hours out of nine spent on the Reserve Bank of India (RBI) board meeting on Monday were taken up by presentation only, news agency ANI has quoted a board member as saying. "We attended the Monday meeting with complete preparation and were

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Train 18 is regarded as a successor to the prestigious 30-year-old Shatabdi Express.

Train 18 -- the country's first engine-less semi-high speed train -- is likely to start operations by December 15, a senior railway ministry official was quoted as saying in a Press Trust of India (PTI) report. The train is currently undergoing trials in Moradabad.

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Mumbai/Bengaluru: 

Demand for physical gold was robust in India this week as consumers stepped up purchases during the wedding season after domestic rates slipped to a near six-week trough, while gains in global prices weighed on bullion's appeal in other Asian hubs. Demand in India, the second biggest gold consumer after China, usually picks up

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India is among the biggest importers of gold with imports of over $33.65 billion in the last fiscal.

The government would soon bring out an integrated gold policy and set up a domestic gold council to promote growth in the sector, Commerce Minister Suresh Prabhu said on Friday. Prabhu said the government is also looking at the industry's demand for

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The current fiscal's current account deficit is expected to reach 2.8 per cent.

MUMBAI: Lower global crude oil prices are expected to contain the rise in current account deficit (CAD) to 2.6 per cent of the gross domestic product (GDP) in 2018-19, an SBI Ecowrap report said on Thursday. Current account is the net difference between inflows and

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SBI ATM card: A new debit card can be used only after activation, according to the bank

Have you just received a new ATM card from State Bank of India (SBI) SBI enables its internet banking customers to activate their new ATM card online. This means that SBI internet banking subscribers - SBI customers who have opted for the bank's internet

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To avail Jio's scheme, customers need to activate the device until June 2019.

Reliance Jio has come up with a new cashback scheme under which it is offering benefits worth Rs 2,400, said the telecom company in a press release. However, the scheme is only valid with purchase of smartphone Redmi Note 6 Pro. Jio is offering 24 vouchers worth Rs 100

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Oil prices slumped to 2018 lows on Friday in choppy trading, pulled down an emerging crude supply overhang amid a bleak economic outlook.

The fall came even as markets expect the Organization of the Petroleum Exporting Countries (OPEC) to start withholding supply after a meeting planned for December 6.

International benchmark Brent crude oil futures

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At Thursday's closing level, the rupee is down 10.7% against the dollar so far this year

The rupee appreciated by 77 paise to close at 70.69 against dollar on Thursday, reported news agency Press Trust of India. Declining crude oil prices amid concerns of a global glut along with weakness in the dollar

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Gold reserves rose by $73 million to $20.961 billion, the data showed.

Mumbai: 

The country's foreign exchange reserves rose by $568.9 million to $393.580 billion in the week to November 16, mainly due to a spurt in foreign currency assets, according to RBI data. In the previous week, reserves had declined by $121.2 million to $393.01 billion. In

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Jet Airways introduced these new routes at the beginning of winter schedule.

Jet Airways has announced new connections across airline's domestic network at a starting all-inclusive price of Rs 2,398. The special fares are applicable on one way journey in economy class on select flight tickets, noted the carrier on it's official website-

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State Bank of India (SBI) has been insisting upon users to migrate to safe EMV chip cards.

Magstripe debit cards need to be replaced with secure EMV (Europay, Mastercard and Visa) chip cards by end of this year in keeping with the directives of the Reserve Bank of India. In fact, if your cards are old, you might already be receiving reminders from

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India Post interest: Investment in time deposit or recurring deposit accounts fetches a 6.9-7.8% return

India Post pays interest rates up to 7.8 per cent per annum on five types of term deposits. Term deposit - or fixed income deposit - is a fixed-income instrument in which the investment amount is held in a financial institute for a fixed,

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Your chances of getting approved for a home loan of shorter duration is higher.

Are you feeling the pinch of your home loan EMIs or equated monthly instalments If yes, then you can lower the rate of interest of your home loan by transferring it to another institution. Balance transfer or simply transfer means shifting an existing loan to another

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INR Vs USD: "Traders are unwinding long dollar positions," said a foreign bank dealer.

The rupee strengthened past the psychological 71-to-the-dollar mark, climbing to as much as 70.9175, the highest since September 3 and compared to its previous close of 71.46 on Tuesday. It was trading at 70.93 to the dollar at 1033 GMT or or 4:03 pm. The foreign

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BSBD accounts do not require customers to maintain any particular minimum average balance.

Basic savings bank deposit (BSBD) account is a type of zero balance savings account where average monthly balance (AMB) rule is not applicable. Average monthly balance (AMB) is the minimum average of deposits required by the bank customers in their savings

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The unions are scheduled to meet the Railway Board on December 5.

Railway workers will do no more than the minimum required by the rules of their contract from December 11 and refuse all overtime in a call for 'work-to-rule' to protest the Railway Ministry's refusal to meet their demands, a statement from the All India Railway Men's Federation said

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Gold had lost Rs 200 in the previous three days.

Gold went past the Rs 32,000-mark by gaining Rs 90 to trade at Rs 32,040 per 10 grams at the bullion market on Thursday on fresh buying by local jewellers amid a firm trend overseas, reported Press Trust of India. Silver too firmed up by Rs 200 to Rs 38,000 per kg on the back of increased offtake by

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The economic impact of the crypto collapse has so far been limited.

The great cryptocurrency crash of 2018 is heading for its worst week yet.

Bitcoin sank toward $4,000 and most of its peers tumbled on Friday, extending the Bloomberg Galaxy Crypto Index's decline since November 16 to 23 per cent. That's the worst weekly slump since crypto-mania

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Jet Airways' independent director Ranjan Mathai resigned, citing rising pressure from other commitments.

Debt-laden carrier Jet Airways (India) Ltd's independent director Ranjan Mathai resigned late on Thursday, citing rising pressure from other commitments.

The departure comes as the airline struggles to keep itself afloat, with rising debt levels

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IRCTC E-Ticket name change: However, such request can be granted only once.

IRCTC or Indian Railway Catering and Tourism Corporation, which handles the catering, tourism and online ticketing operations of the Indian Railways, offers the facility of changing the name on a passenger's e-ticket. In order to avail this facility, customers need to

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