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INR Vs USD: Lower opening in domestic equity markets also weighed on rupee.

MUMBAI: Continuing its slide, the rupee weakened by 3 paise to 73.64 against the US dollar Friday due to increased demand for the American currency from importers. At the Interbank Foreign Exchange, the rupee opened lower at 73.62 and slipped further to 73.64 against the

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H-1B visa: IT firms depend on H-1B to hire employees each year from countries like India and China.

The US is planning a major overhaul in the definition of employment and specialty occupations under H-1B visas, the Department of Homeland Security (DHS) said. The move will have an adverse impact on Indian IT

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Mukesh Ambani-owned Reliance Industries (RIL) reported a consolidated net profit of Rs 9,516 crore for three months between July-September 2018 as compared to Rs 9,459 crore between April-July. The net profit rose 0.6 per cent on a quarterly basis and 17.4 per cent over the corresponding quarter last year, according to a filing by the company to

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In opening trade, Sensex lost as much as 491.33 points and the Nifty 35.1 points.

The domestic stock markets started Friday's session on a negative note. The S-P BSE Sensex started at 34,563.29 as compared to its previous close of 34,779.58. The Nifty50 index of the National Stock Exchange (NSE) opened at 10,339.70 against its last close of

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Hello there.  This is Saritha Rai from India.

It was a high-octane, multiday, multicity blowout of the kind that India has never seen - and I wasn't invited. Here's a limited chronicle of the things I missed: flash mobs rocking to India's new dance-floor favorite, a remix of Tu Jab Lagawe Lu Lipistik. Endless all-night supply of beloved street

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For transactions made through digital wallet Paytm, IRCTC charges 1.80% plus tax.

IRCTC (Indian Railway Catering and Tourism Corporation) offers the facility of booking rail tickets online via its website -- irctc.co.in --  and app. IRCTC, which handles catering, tourism and online ticketing operations of the Indian Railways, offers various

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The limit has been raised from 10 per cent and is effective up to December 31, RBI said.

The central bank on Friday increased lenders' single borrower exposure limit for non-banking financial companies (NBFCs) which do not finance infrastructure, to 15 per cent of capital funds.

The limit has been raised from 10 per cent and is effective up to

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Stock markets will now resume trading on Friday.

Domestic stock markets are closed on Thursday on account of 'Dussehra', reported news agency Press Trust of India (PTI). On Wednesday, the equity indices closed in the red, dragged by financial stocks. The S-P BSE Sensex plunged 382.90 points or 1.09 per cent to end at 34,779.58. The Nifty50

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The Indian rupee also came under pressure following a heaving selling in domestic equities.

The rupee surrendered all the gains made during the day and settled 13 paise lower at 73.61 against the US dollar Wednesday amid steady capital outflows and strengthening of the American currency.  The US dollar strengthened against its rivals ahead of the

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Post office saving scheme: Saving schemes in post offices offer attractive interest rates.

India Post, which runs postal services in the country, also offers banking facilities. Besides allowing customers to open a savings account like banking peers, saving schemes in post offices offer attractive interest rates on investments. With the government

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Fuel prices were cut despite a surge in global crude oil prices and a fall in rupee rate against dollar.

Fuel prices were cut on Thursday, a day ahead of Dussehra, despite a surge in global crude oil prices and a fall in the value of the rupee against the US dollar. A litre of petrol was sold for Rs 82.62 in New Delhi, Rs 84.44 in Kolkata, Rs 88.08

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AirAsia's offer on flight tickets is valid till October 28, 2018.

AirAsia India, a joint venture between Tata Sons and Malaysia's AirAsia Berhad, is offering up to 70 per cent discount on all destinations, the carrier said. AirAsia's offer on flight tickets is valid till October 28, 2018, stated airasia.com. The travel period to avail AirAsia's

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Under its new Rs 78 plan, BSNL is offering unlimited voice and video calls.

BSNL or Bharat Sanchar Nigam Limited has come up with a new prepaid recharge on the occasion of Dussehra and Diwali, said the state-run telecom operator on micro blogging website- Twitter. Customers can avail the benefits of BSNL's new pack, called STV 78, starting October

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Jet Airways has been facing a financial crunch amid rising oil prices and a depreciating rupee.

Business conglomerate Tata Group has held preliminary discussions to buy a large stake in debt-laden Jet Airways (India) Ltd, the Times of India reported on Thursday. Tata has sought management control of Jet, seeking at least 26 per cent initially and

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RBI trimmed Rana Kapoor's term despite shareholders giving a nod to extend it for three more years.

Yes Bank Ltd on Wednesday said the Reserve Bank of India had reaffirmed that the retail bank should appoint a successor to Chief Executive Rana Kapoor by February 1, 2019. Last month, the central bank said Kapoor could only stay in his job until

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Banks also provide savings accounts which do not require any particular minimum balance every month.

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

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WASHINGTON: The US could remove India from its currency monitoring list of major trading partners, the Treasury Department has said, citing certain developments and steps being taken by New Delhi which address some of its major concerns. India for the first time was placed by the US in its currency monitoring list of countries with potentially

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Sovereign gold, however, continued at Rs 24,700 per piece of eight gram in limited deals.

Gold prices declined by Rs 150 to Rs 32,030 per 10 grams on Wednesday, registering a dip for the second consecutive day, reflecting sluggish global trend and considerable fall in domestic demand, reported news agency Press Trust of India. Silver followed suit

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The scheme, called Jio Diwali 100 per cent cashback offer, is applicable for new and existing users.

Ahead of Diwali, Reliance Jio has announced a 100 per cent cashback offer which is applicable on prepaid recharge plans of Rs 149 and above and a new all unlimited Rs 1699 annual plan, said the telecom operator in a press release on Thursday.  The

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Malvinder Mohan Singh, above, and Shivinder Mohan Singh have also had differences recently.

MUMBAI: The capital markets regulator has asked Fortis Healthcare to recover Rs 403 crore ($55 million) from its founder brothers and firms related to them, pending an investigation into loans made by the company. Tycoon brothers Shivinder Singh and

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Share market on Wednesday: Twenty three out of 30 Sensex stocks finished the session in the red.

Snapping three sessions of gains, the domestic stock markets closed in the red on Wednesday, dragged by financial stocks such as Indiabulls Housing Finance Ltd and Yes Bank Ltd amid liquidity concerns. The S-P BSE Sensex rose as much as 442.95

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Instead of taking short-term views, experts advise investors to take into account the broader picture.

Diwali is possibly the most auspicious time for making money. Even as the economy is catching up on to the festive fervour - in terms of softening inflation and robust growth - liquidity concerns have dampened sentiments, leading to high

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Jio had recorded a net profit of Rs 612 crore in the first quarter of this fiscal year.

Reliance Jio, a subsidiary of Reliance Industries Limited, on Wednesday said it posted a standalone net profit of Rs 681 crore in the quarter through September on the back of (as yet) highest quarterly subscriber addition of 37 million.

It had posted a net loss

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Diesel Locomotive Works, owned by the Indian Railways, has announced 374 apprenticeship openings.

Diesel Locomotive Works (DLW), Varanasi, has announced massive hiring for a range of professionals, who are eligible for the jobs with a minimum qualification of high school or class ten. Diesel Locomotive Works, a production unit owned by the Indian

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Sovereign gold, continued to be traded at previous level of Rs 24,700 per piece of eight grams.

Gold prices rose by Rs 195 to Rs 32,225 per 10 grams on Thursday on increased buying by local jewellers to meet festive season demand, reported news agency Press Trust of India. Silver followed suit and recovered by Rs 20 to Rs 39,500 per kg due to

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Customers willing to avail the services can book flight tickets via IndiGo's official website.

Budget passenger carrier IndiGo has announced Hong Kong as its fifteenth international destination, a press release issued by the airline said. The carrier will operate its daily non-stop flight between Hong Kong and Bangalore, effective from December 11,

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Post offices and companies also offer fixed deposits.

A fixed deposit (FD) account, also called as a term deposit account, is a secure financial instrument. An investor can park a lump sum amount in a fixed deposit (FD) account and avail features like guaranteed returns and choice of interest payout. FDs are the best option for people looking for

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On September 26, SC struck down the provision which allowed telecom companies to avail Aadhaar details.

Quashing reports that 50 crore Aadhaar-verified mobile numbers are at the risk of disconnection if they are not backed up by a fresh identification, the government and the Aadhaar-issuing body said on

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Nirav Modi and his uncle Mehul Choksi are under probe by both CBI and ED.

The Enforcement Directorate on Wednesday said it has attached assets in India and abroad worth Rs 218 crore belonging to fugitive diamond merchants Nirav Modi and his maternal uncle Mehul Choksi.

The duo, who have fled the country, are accused of defrauding state-run Punjab

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"Ratan, the PM and Greg met about three weeks ago," a British government source said.

British Prime Minister Theresa May and business minister Greg Clark met Ratan Tata, patriarch of the Tata family, a few weeks ago as its car brand Jaguar Land Rover warns about the effect of Brexit and diesel policy, a government source said.

The sprawling Tata

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