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INR Vs USD Currency Exchange Rate: Analysts say that RBI's surprise move spooked the forex markets

Extending its weakness against the dollar to a fifth consecutive session, the rupee declined 30 paise to close at a record low of 74.06 against the greenback on Monday. The rupee had closed at 73.76 a dollar

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INR Vs USD: Rupee breached the 74 mark for the first time ever on Friday.

The rupee lost 14 paise to trade at 73.90 against the US dollar in early trade Monday, reported news agency Press Trust of India (PTI). On Friday, the rupee breached the 74 mark for the first time ever, before registering a fresh all-time closing low of 73.76 against the

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Gold Rates Today: Demand for physical gold has been hit on account of higher domestic prices.

Gold prices recovered by Rs 50 to reach Rs 31,900 per 10 grams at the bullion market on Saturday, driven by a firm trend overseas amid fresh buying by local jewellers, reported news agency Press Trust of India. Silver too rebounded by Rs 550 to Rs 39,800

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Sovereign gold remained flat at Rs 24,600 per piece of 8 gram.

Tracking a weak trend overseas amid subdued demand from local jewelers, gold prices fell by Rs 30 to Rs 31,870 per 10 gram at the bullion market on Monday, reported Press Trust of India (PTI). In the national capital, gold of 99.9 per cent and 99.5 per cent purity declined by Rs 30 each

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stock Market on Monday: Sensex heavyweights Reliance Industries, HDFC, and ITC led the declines.

The domestic stock market started the week on Monday on a negative note. The S-P BSE Sensex opened at 34,412.36, and the Nifty50 index of the National Stock Exchange (NSE) at 10,310.15. In the first few minutes of the session, the 30-share Sensex

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Annual returns on post office savings schemes vary between 4-8.7% with effect from October 1.

The Department of Posts or India Post offers a variety of services besides delivering mails. It offers nine saving schemes, provides life insurance covers and retail services like bill connection and sale of forms. The nine saving scheme accounts of India

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In the national capital, petrol was sold at Rs 82.03 per litre on Monday.

Petrol and diesel prices continue their upward trend, despite the government's move last week to cut excise duty applicable to the fuels. Petrol prices have been increased by more than 50 paise per litre across Delhi, Mumbai, Kolkata and Chennai in past three days, and diesel

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Under its Rs. 159 prepaid recharge plan, Airtel is offering unlimited local, STD and roaming calls.

Bharti Airtel has introduced a new prepaid recharge plan priced at Rs. 159, said the telecom operator on its website - airtel.in. Under this recharge pack, Bharti Airtel offers unlimited calling, 1 GB data among other benefits for a validity period

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Petrol, Diesel Prices: On Wednesday, Brent hit its highest price since late 2014, at $86.74.

Oil-marketing companies increased the prices of petrol and diesel across the four metro cities on Saturday, despite the Centre and states announcing cuts in the rates.  Petrol was priced at Rs. 81.68 per litre in New Delhi, Rs. 83.52 per litre in Kolkata,

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Share Market on Monday: The Nifty Energy finished 4.1 per cent higher

The stock markets started the week on Monday logging mild gains amid a volatile trading session. The BSE benchmark index Sensex ended 97 points higher at 34,474 while the Nifty index of National Stock Exchange (NSE) settled at 10,348, up

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IndiGo is offering flight tickets at a starting all-inclusive price of Rs. 1,199.

Airlines are offering a host of discount offers on domestic and international flight tickets. The offers come amid high competition in the country's civil aviation market. Budget passenger carrier IndiGo is offering flight tickets at a starting all-inclusive price of

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HDFC Bank released its latest fixed deposit or FD interest rates which are effective from Saturday.

Private sector major HDFC Bank released its latest fixed deposit or FD interest rates which are effective from Saturday. The new FD interest rates are applicable for deposits below Rs 1 crore as well as for those below Rs 5 crore, according to the

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HDFC Bank and Axis Bank have released their new fixed deposit or FD interest rates this month.

Fixed deposit or FDs are usually for risk-averse investors. If you need an assured return on your investment, you should invest your money in bank fixed deposits. FD interest rates vary across banks and tenures. FD interest rates are subject to change

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Nifty50 on Friday closed at 10,316.45 points, down 614 points or 5.61% from the previous week's close.

Mumbai: The continued weakness of the Indian rupee, along with cues on any further rise in US lending rates and the direction of foreign fund flows are likely to determine the trajectory of the Indian equity markets in the coming week. According

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The fiscal deficit target for 2018-19 is Rs 6.24 lakh crore.

Reserve Bank Governor Urjit Patel on Friday said it was crucial that the fiscal deficit target is maintained as any slippage would impact inflation and crowd out private sector investment apart from increasing market volatility.

"It is important that the fiscal deficit target is maintained

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A couple of things happened last week in India that deserve a bit of attention -- mostly because they reveal how deep the country's structural problems go and how few good options the government has left. The first was the Reserve Bank of India's decision to hold interest rates steady even though the rupee had hit record lows against the U.S.

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Delhi has the cheapest fuel rates among all metros and most state capitals because of lower taxes.

Oil-marketing companies increased the prices of petrol and diesel across the four metro cities on Sunday.  Petrol was priced at Rs. 81.82 per litre in New Delhi, Rs. 83.66 per litre in Kolkata, Rs. 87.29 per litre in Mumbai and Rs. 85.04 per litre in

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The collapse of IL-FS could have also sparked a liquidity crunch, the government warned.

The government said it was forced to take control of ailing shadow banking firm Infrastructure Leasing - Financial Services (IL-FS) as it feared its collapse would cause "catastrophic" damage to the financial markets and the economy, a court filing

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Dewan Housing Finance Corporation Ltd's stock fell as much as 12.3 per cent.

Shares of a few non-banking financial companies (NBFCs) took a hit on Monday after the Reserve Bank of India (RBI) said on Friday it was looking at strengthening guidelines for such entities to avoid rollover risks.

Dewan Housing Finance Corporation Ltd's stock fell as much

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Zero balance savings account: A BSBD account does not require a minimum or maximum limit.

If you want to open a bank account without maintaining a minimum balance, a basic savings bank deposit (BSBD) account is your answer. A BSBD account is a type of zero balance savings account and does not require customers to maintain any particular minimum

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The payment for CIL employees will be made on or before October 12, 2018.

Coal India has to shell out Rs 1,500-1,600 crore towards performance linked bonuses for its 2.9 lakh employees, a top company official said Friday. "The outgo will be between Rs 1,500-1,600 crore for us on account of performance bonus for non executive employees,"Coal India

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Bookings for the newly announced destinations offer one-way IndiGo flight tickets from Rs 5,799.

Announcing the addition of Male and Phuket as its latest international destinations, IndiGo said that flight tickets are starting from as low as Rs 5,799. Male will be the thirteenth and Phuket will be the fourteenth destination on the airline's

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Indian Railways Tatkal Scheme: Tatkal booking for AC classes opens at 10:00 am.

IRCTC (Indian Railway Catering and Tourism Corporation) offers the facility of booking Tatkal tickets online through its official website and app. The Tatkal facility is also available at the railways reservation counters. Tatkal ticket booking provides reservation to

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IndiGo's new offer is applicable till October 7, 2018.

Budget passenger carrier IndiGo is offering flight tickets at a starting all-inclusive price of Rs 1,199 on select destinations. IndiGo's new offer is applicable till October 7, 2018. The travel period of the scheme ends on March 31, 2019. However, the offer is not applicable on blackout dates

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Government was discussing its options to buy Iranian oil with all authorities, said Mr Pradhan.

NEW DELHI: Two domestic companies have placed orders to buy Iranian oil in November, oil minister Dharmendra Pradhan said on Monday, adding that the government does not yet know if it will be granted a waiver from US sanctions on Iran.

India, the world's

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"There is no going back on deregulation of oil prices," Finance Minister Arun Jaitley said

NEW DELHI: The government on Saturday sought to assure investors that it would not go back to regulating fuel prices, a day after oil company shares tumbled on concerns about a return to a regime that has hurt their profits in the past. The government said on

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The rupee logged a weekly loss of 1.8%

The rupee registered a new all-time closing low of 73.76 against the dollar on Friday, gaining some ground after breaching the 74 mark for the first time ever during the session. The fourth consecutive lower closing for the rupee came on a day the Reserve Bank of India

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Shares of Aavas Financiers Ltd dropped as much as 13.5 percent in early trade on their market debut after the mortgage lender raised 17.34 billion rupees ($235 million) from its initial public offering in late September.

The stock was trading at 722.00 rupees, down 12.06 percent, at 0434 GMT.

The IPO was subscribed 0.9 times at close amid fears of

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On a fixed deposit of one-year tenure, SBI offers an interest of 6.7%.

Bank fixed deposits or FDs are safe instruments of fixed income. When you invest money in a fixed deposit, banks guarantee the rate of annual return on your investment. This is why fixed deposits are considered a secure form of investment. Fixed deposit returns are not linked to

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The reverse repo rate stayed at 6.25 per cent.

The Reserve Bank of India held its policy rate unchanged, surprising most analysts who had expected a rate increase to combat inflationary pressures arising from high oil prices and a weakening rupee.

The monetary policy committee kept the repo rate unchanged at 6.50 percent on Friday, in sharp contrast

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