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Fixed deposits (FDs) are secure financial instruments, which offer guaranteed returns. FD interest rates vary according to the tenure of the fixed deposit and across banks. In a fixed deposit account, money is deposited for a specific time, which can vary from 7 days to ten

SBI or State Bank of India, the country's largest lender, requires customers to maintain an average monthly balance (AMB) in their savings bank accounts. Average Monthly Balance (AMB) is the minimum average of deposits required by the bank customers in

The government mandates that individuals who earn a specified amount of annual income must file income tax return (ITR) within a pre-determined due date. For the assessment year 2018-19 (financial year 2017-18), August 31, 2018 is the deadline for individuals to file income tax

Punjab National Bank (PNB), which was recently hit by a multi billion dollar fraud by manipulation of its financial messaging -- Swift -- system, has been ranked as the best PSU bank in the overall digital transactions category in India. The bank said in a statement

Petrol and diesel prices were kept unchanged on Saturday by the Oil Marketing Companies (OMCs). Petrol is retailing at a price of Rs. 77.67 per litre in Delhi today. Petrol can be bought at Rs. 85.09 per litre in Mumbai, Rs. 80.61 per litre in Kolkata and Rs. 80.69 per litre

Gold prices firmed up by Rs 30 to Rs 30,650 per 10 gram at the bullion market on Friday on the back of firm overseas cues amid buying by local jewellers, reported news agency Press Trust of India. Silver also staged a recovery and traded higher by Rs 50 to Rs 37,850 per kg due to

Air carriers have come up with a number of discount offers on domestic and international flight tickets. IndiGo, country's largest airline by market share, is offering up to 15 per cent discount on domestic and international flight tickets. Jet Airways

Lost your train ticket  Well, you don't need to worry as Indian Railways' passengers can now get a duplicate train ticket on paying some amount of charges. According to Indian Railways portal- indianrail.gov.in, if the loss of confirmed/RAC ticket is

GoAir has launched special daily flights between Mumbai and Trivandrum in view of the unprecedented floods in Kerala, said the carrier on its official website- goair.in. GoAir's new flight services will be available till September 1, 2018. "To express solidarity and support

Wondering what to gift your sister this Raksha Bandhan Well, instead of gifting a chocolate box or an expensive gift, why don't you go for a financial gift You can secure the future of your sister in the best probable way by choosing from a host of financial

The Income Tax Department has set certain penalty charges for a delayed income tax return. An ITR or income tax return for assessment year 2018-19 filed by the deadline of August 31 will save the assessee from any fine. The taxman has stipulated

New Delhi: In a partial relief to Cyrus Mistry, the National Company Law Appellate Tribunal (NCLAT) on Friday stated that Tata Sons cannot force him to sell his shares. However, the two-judge bench headed by Justice S.J. Mukhopadhyaya, declined Mistry's

BSNL or Bharat Sanchar Nigam Limited has come up with a new prepaid recharge on the occasion of Rakshabandhan, said the state-run telecom operator on micro blogging website- Twitter. Customers can avail the benefits of BSNL's Rakshabandhan

IndiGo on Friday announced addition of Kuwait and Abu Dhabi to its network. As part of the international expansion, Kuwait will be the 57th and Abu Dhabi will be the 58th destination on IndiGo's network, said the airline in a press release. Its new international services

Domestic stock markets concluded Friday's choppy trading session on a lower note, breaking their rising spree in the past four sessions. BSE benchmark index Sensex shed 84 points to close at 38,251, while the NSE Nifty settled 25 points lower at 11,557. Banking stocks dragged the markets lower while weakness in global markets affected trading

Gold prices on Saturday rose by Rs 250 to Rs 30,900 per 10 grams at the bullion market on brisk buying by local jewellers and firm trend overseas, reported news agency Press Trust of India. Silver followed suit and advanced by Rs 400 to Rs 38,250 per kg due to increased

Mumbai/Bengaluru: Demand for physical gold was modest in India this week as the top bullion consuming state of Kerala coped with floods, while interest for the metal remained lacklustre elsewhere in Asia as buyers awaited a dip in prices. Gold demand usually

Group economic advisor of the State Bank of India (SBI), Soumya Kanti Ghosh said that any sudden appreciation or depreciation of the rupee was not good as it adds volatility in the market. Speaking to reporters on the sidelines of an ICC seminar here today, Ghosh said that the rupee had experienced an orderly depreciation as it moved from Rs 64 to

The maximum balance amount that can be maintained in SBI's small account is Rs 50,000.

Are you looking for ways to lower your home loan EMIs or equated monthly instalment If yes, then you can transfer your home loan to a different lender. Transfer of home loans generally is done when a change in the rate of interest, tenure of the

Vistara on Friday announced cancellation of select flights due to closure of the Cochin International Airport in Kochi, Kerala. The airline said that due to flooding, the airport will remain closed till at least Wednesday, August 29, 2018. Giving

Indian Railways has recently launched a 'New All India Railway Time Table (Trains at a Glance)' for the year 2018-19. The recent time table of Indian Railways also includes the ticket prices and fare structure. Railway ticket reservation fee varies for

Oil Marketing Companies (OMCs) hiked the prices of petrol and diesel in four metro cities on Friday. Petrol can be purchased at a price of Rs. 77.67 per litre in Delhi, Rs. 85.09 per litre in Mumbai, Rs. 80.61 per litre in Kolkata and Rs. 80.69 per litre in Chennai. Petrol and diesel prices were kept

Budget passenger carrier IndiGo is offering up to 15 per cent discount on domestic and international flight tickets, said the carrier on its official Twitter handle- @IndiGo6E. In order to avail the offer, customer can do the booking till August 30, 2018. The travel

AirAsia India is offering up to 20 per cent discount on domestic flight tickets under a limited period sale scheme, said the carrier on its official website- airasia.com. AirAsia India's discount offer is valid only on bookings done via HDFC bank debit and credit cards

The rupee recovered by 20 paise against the US dollar to close at 69.91 on Friday. With that, the rupee concluded the week with a total gain of 24 paise. Weakness in the dollar, set for its biggest weekly decline since March, came ahead of a speech by Federal Reserve Chairman Jerome Powell on Friday at the Jackson Hole, Wyoming, conference of c

The Indian rupee lowered by 13 paise to 70.24 against the US dollar in early trade today, reported news agency Press Trust of India (PTI). The weakening of rupee is due to the increased demand for the American currency from importers and banks, said PTI. According to forex dealers, a firm dollar in overseas markets, ahead of Federal Reserve

The railways is all set to come up with a revised flexi-fare scheme next month to bring in some relief for passengers, who, in some sectors pay as much as airfares for the premium trains, sources said. They said the ministry is planning to suspend the scheme temporarily as an

New Delhi: The Centre has approved construction of nearly 1.12 lakh more affordable houses for urban poor in eight states under the Pradhan Mantri Awas Yojana, with Andhra Pradesh bagging the largest share of over 37,000 housing units, an

The domestic stock markets swung between gains and losses after opening lower on Friday. The S-P BSE Sensex started the session at 38,284.41 and the Nifty50 opened below the 11,560 level. However, volatility kicked in leading to a deeper fall