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Dhanteras: Both gold and silver are being purchased, says Mr Khandelwal.

NEW DELHI: Gold and jewellery sales in the morning trade remained subdued this Dhanteras Monday owing to sluggish demand from consumers amid high prices, according to industry players. However, organised players like P C Jewellers are expecting better sales later during the

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Diwali 2018: The investment strategy varies from one person to another.

Diwali, the festival of lights, is considered an auspicious occasion for making money. It is generally believed that any investment made during the Diwali period can provide better returns. From equities and gold to fixed income instruments like fixed deposits (FDs) and

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Trading at stock exchanges, however, won't take place on November 7-8 on account of Diwali.

With the impending US sanctions on Iran, as also the ongoing quarterly earnings season and the upcoming festival of Diwali, the Indian equity market is likely to witness a short but eventful trading week ahead. Among the global factors, the US reimposing

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Share markets on Monday: Seventeen out of 30 Sensex stocks closed the session in the red.

Domestic stock markets ended Monday's session on a negative note amid weakness in the rupee and unabated foreign fund outflows. Bombay Stock Exchange (BSE) benchmark index Sensex closed 60.73 points or 0.17 per cent lower at 34,950.92. The Nifty50 index of the

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Dhanteras: Experts recommend buying gold this dhanteras as it provides support against inflation.

Gold prices traded in the green on the occasion of Dhanteras 2018. At 12:14 pm, gold price was at Rs 31,809 per 10 gram, up 0.19 per cent on the Multi Commodity Exchange (MCX). Silver prices followed suit after earlier trading in the red. Silver price

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Post office savings account interest rate is 4 per cent per annum.

Diwali, the festival of lights, is considered an auspicious occasion to invest. For people looking to invest, there are multiple investment avenues like Post office fixed deposit (FD), Post office Public Provident Fund (PPF), Post office recurring deposit (RD), among others, that

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Recovery in written-off accounts grew 14.6% to Rs. 1,327 crore in Q2, State Bank of India said

State Bank of India (SBI), the country's largest lender, on Monday reported a net profit of Rs 944.87 crore for the July-September period, registering a 40.3 per cent fall from Rs 1,581.55 crore in the corresponding period a year ago. The net profit was

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A savings bank account is a basic account that safeguards customer's money, said SBI.

State Bank of India (SBI), country's largest lender, offers a wide range of services under its personal banking portfolio. From savings bank account to small account, the lender provides a variety of options for customer's requirements. "Whatever your needs be- an

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Govt Vs RBI: One of the vexed issues between the two is related to RBI's February 12 circular.

Amid speculation that the government may have invoked a hitherto unused section to overrule the Reserve Bank of India (RBI) on the pretext of "public interest", the central bank has shot back with its own definition of "public interest".

Reserve Bank

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Dhanteras: Sovereign gold, however, held flat at Rs 24,900 per piece of 8 gram.

Gold prices rose by Rs 40 to Rs 32,690 per 10 gram as retailers and jewellers made token buying on the occasion of Dhanteras, reported news agency Press Trust of India (PTI). Buying gold, silver and other metals is considered to

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Rcom's revenue from operations fell 41.7 per cent to Rs 334 crore.

NEW DELHI: Reliance Communications Ltd posted a sharp rise in its quarterly profit on Saturday, as it recorded a one-time gain.

Net profit for the July-September quarter came in at Rs 6,798 crore ($939 million), compared to a profit of Rs 42 crore a year earlier.

Revenue from

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Amazon India's festival sale offer will continue till November 5.

E-commerce marketplace Amazon India is offering discounts on smartphones, TVs, electronic items, appliances, fashion products among others in it's 'Diwali Special Great Indian Festival sale'. This festival sale offer will continue till November 5, stated the e-tailer on its official

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Dhanteras: Snapdeal offer on Dhanteras is valid on gold jewellery pieces like mangalsutra, pendants etc.

E-commerce retailer Snapdeal is offering up to 60 per cent discount on gold jewellery on the occasion of Dhanteras, the company said. The Snapdeal offer on Dhanteras is valid on gold jewellery pieces like mangalsutra, pendants, earrings, chains,

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The domestic stock markets edged lower in opening trade on Monday. The S-P BSE Sensex started at 35,118.62 as compared to its previous close of 35,011.65. The Nifty50 index of the National Stock Exchange (NSE) opened at 10,558.75 against its last close of 10,553. At 9:25 am, the 30-share Sensex traded at 34,884.43, down 127.22 points or 0.36

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Opening an Atal Pension Yojana account requires one to hold a savings account in a bank or a post office.

The government on Friday said the number of Atal Pension Yojana (APY) subscribers, targeted at the unorganised sector, has crossed 1.24 crore mark with 27 lakh new subscribers joining in the current financial year, reported news agency IANS.

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During Diwali and Dhanteras, buying of gold is considered to be auspicious.

On the occasion of Dhanteras, jewellery firms such as PC Jeweller, Kalyan Jeweller and Tanishq are offering discounts and cashbacks on select gold and diamond purchases. During Diwali and Dhanteras, buying of gold is considered to be auspicious. However, this Dhanteras

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Banks keep on revising their FD interest rates from time to time.

Fixed deposits (FDs) are secure investment instruments offered by banks, non-banking financial companies, post office, which offer 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

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Globally, gold after moving both ways, ended the week a shade lower at $1,233.20 an ounce.

Gold strengthened for the sixth straight week and gathered further grounds to hit almost six-year high of Rs 32,780 and ended at Rs 32,650 per 10 gram at the bullion market amid pick-up in buying activity ahead of Diwali. Silver, however, lacked necessary

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Dhanteras: Gold demand has remained muted in the run up to the festive season.

Gold demand has remained muted in the run up to the festive season. While rupee depreciation - with the currency down around 13 per cent against the dollar year-to-date - has made imports costlier, domestic prices quoting at multi-year highs have kept the demand in

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Banks charge a penalty from the customers who fail to maintain an average monthly balance.

Regular savings bank accounts require customers to maintain a certain average monthly balance (AMB) every month. Leading banks such as State Bank of India (SBI), HDFC Bank and ICICI Bank have fixed their monthly average balance requirements according to the

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Analysts on average had expected a profit of Rs 6,861 crore, according to Refinitiv data.

NEW DELHI: 

Oil and Natural Gas Corporation posted a 61 per cent jump in second-quarter profit on Saturday, with higher crude oil prices helping it to beat forecasts. ONGC's net profit stood at Rs 8,265 crore ($1.14 billion) in the quarter ended September 30,

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Finance companies need to review their funding model, says Corporate Affairs Secretary Injeti Srinivas.

NEW DELHI: Non-banking housing finance companies are facing liquidity stress, Corporate Affairs Secretary Injeti Srinivas said on Monday.

Srinivas said the finance companies need to review their funding model so that they can aim for sustainable

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Petrol in Mumbai costs Rs 82.28 and diesel Rs 76.88.

New Delhi: Petrol price has been cut by over Rs 4 per litre and diesel by Rs 2.33 in the last 18 days on softer international rates, a pace faster than the spike in prices witnessed in the two-month period beginning mid-August. Petrol price Sunday was cut by 21 paise a litre and diesel by 17

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Recurring deposit interest rates, once determined, do not change during the tenure.

Recurring Deposit or 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 his/her periodic investments and the interest

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INR Vs USD: The rupee on Friday clocked its biggest single-day gain in over five years.

MUMBAI: The rupee depreciated 34 paise to 72.79 against the US dollar in early trade at the interbank forex market Monday on foreign fund outflows.

The rupee opened lower at 72.76 per dollar against previous close of 72.45 and dropped further to quote 34 paise

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GoAir is flying overseas nearly 13 years after it started domestic operations.

GoAir is all set to introduce direct flights to Phuket and Male from Bengaluru, said the airline on microblogging website, Twitter. Under a special scheme, the airline is offering return fares starting from Rs 15,199. The offer is valid till November 15, 2018, it further

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Sovereign gold, however, remained flat at Rs 24,900 per piece of eight grams.

Gold prices recovered by Rs 20 to Rs 32,650 per 10 grams at the bullion market Saturday on festive season demand even as the precious metal weakened overseas, reported news agency Press Trust of India. Tracking gold, silver too rose by Rs 30 to Rs 39,530 per kg. Traders

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The central bank surprised markets and kept interest rates on hold last month.

Activity in country's dominant services sector increased at its fastest pace in three months in October, driven by a strong pick-up in new business, a private survey showed on Monday. The Nikkei/IHS Markit Services Purchasing Managers' Index rose to 52.2 last month from

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The special trains will be operated up to November 15, said Northern Railways.

Ahead of Diwali, Indian Railways operated Northern Railway has introduced 78 special trains for the convenience of rail passengers and to clear extra rush. These special trains will run in coordination with other zonal railways, said Norther Railway on it's official

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SBI offers a range of zero balance savings accounts.

State Bank of India (SBI) offers certain zero balance savings accounts, 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 bank accounts. SBI's zero balance savings accounts

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