Business

The last date to avail the Jet Airways' discount offer is August 6, 2018.

Jet Airways is offering 15 per cent off on international flight tickets on select routes. The offer is valid on both, premiere and economy sections, said country's second largest air-carrier on its official website -- jetairways.com. The last date to avail the discount offer

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Apple Inc shares hit a record high on Wednesday and the company neared a $1 trillion valuation, after the company forecast blowout current-quarter sales and analysts said a September launch of new iPhones set the stage for sustained growth.

The company's shares rose 4.7 per cent to a high of $199.26 in early trading - within striking distance of

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Five of the six members on the rate panel voted for a rate increase.

Bengaluru: The Reserve Bank of India on Wednesday raised interest rates for the second straight meeting, but retained its "neutral" stance as it aimed to contain inflation while not choking growth. The RBI's monetary policy committee raised the repo rate by 25 basis points to 6.50

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INR Vs USD rate: The dollar, however, strengthened against some currencies overseas.

MUMBAI: Maintaining its uptrend for the second straight day, the rupee strengthened by 17 paise to a fresh one-month high of 68.26 against the US dollar today after the Reserve Bank of India (RBI) maintained its growth outlook for the economy. The RBI projected a

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Happy Loans projects disbursing more than 7 lakh loans to micro enterprises.

New Delhi: Happy, an innovation-driven working capital fulfilment platform for Indian MSMEs (micro, small and medium enterprises) has unveiled its growth projection and road map for the next two years. The platform projects disbursing more than 7 lakh loans to micro

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Indian Railways cancel, terminate or reschedule trains on a daily basis owing to a host of factors. Central Railway, one of the divisions of railways, informed about the list of rescheduled trains on microblogging website Twitter. Lately, the services of the railways have been hit by heavy monsoon rains. In cases of a cancellation of a train, IRCTC

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All equity strategists seem to agree that the big focus for investors now is next year's election.

The morning after the day before and equity strategists remain split on whether the world-beating rally in domestic stocks will continue or pause for breath after Wednesday's rate hike.

All seem to agree that the big focus for investors now is next

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Top court ordered attachment of all bank accounts, movable properties of 40 Amrapali Group firms.

NEW DELHI: The Supreme Court today pulled up the Amrapali Group for "defrauding investors" and playing "dirty games" with the court and ordered attachment of all bank accounts and movable properties of 40 firms belonging to the real estate major. A

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The reverse repo rate was also raised by 25 basis points, to 6.25 per cent.

The Reserve Bank of India on Wednesday raised interest rates for the second straight meeting, but retained its "neutral" stance as it aimed to contain inflation while not choking growth. The RBI's Monetary Policy Committee (MPC) raised the repo rate by 25 basis points to

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WhatsApp has some 1.5 billion users around the world.

Facebook on Wednesday set out to make money from WhatsApp with a scheme to connect businesses with customers via the smartphone messaging service. 

Facebook said it has been testing a "WhatsApp Business" tool for months with more than 90 companies including Uber and Singapore Airlines. 

"We're

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Sovereign gold, however, remained flat at Rs 24,600 per piece of eight grams.

Gold bounced back by Rs 150 to Rs 30,800 per ten grams at the bullion market today due to pick up in buying by local jewellers even as the precious metal weakened overseas, reported news agency Press Trust of India. However, silver drifted lower by Rs 150 to Rs 39,050 per

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This the 1st time since October 2013 that repo rate has been hiked at 2 consecutive RBI policy meetings.

The Reserve Bank of India (RBI) on Wednesday announced a second straight 25 basis points hike in repo rate to 6.5 per cent. This the first time since October 2013 that the central bank has hiked borrowing costs at two consecutive policy

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The Fed's decision left its benchmark overnight lending rate in a range of 1.75-2%.

WASHINGTON: The US Federal Reserve kept interest rates unchanged on Wednesday but characterized the economy as strong, keeping the central bank on track to increase borrowing costs in September. The Fed said economic growth has been rising strongly and the job

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For 2016 auction, government had fixed base price of 700 Mhz band at Rs 11,485 crore per Mhz.

New Delhi: Telecom regulator Trai today recommended rules and prices for the next round of spectrum auction which will include radiowaves for 5G mobile services. The regulator has recommended that base price for bidding should be higher of the two figures

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Small finanace banks offer zero balance accounts like larger peers with better interest rates.

If you are looking to open a savings account, this might interest you. Large banks like SBI (State Bank of India) offer modest interest rates on savings accounts, including on zero balance savings accounts. However, small finance banks like ESAF Small

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Share Market on Thursday: Vedanta, Tata Steel, Tata Motors were top Sensex losers.

The domestic stock markets started Thursday's trading session on a negative note after the US Federal Reserve maintained status quo on key rates and the Reserve Bank of India hiked the repo rate to 6.5 per cent. The 30-share Sensex opened at 37,529.69 while the

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GST revenue collection till July 31 was significantly higher than the FY18 average monthly collection

New Delhi: Revenue collection under the Goods and Services Tax (GST) stood at Rs 96,483 crore in July, the government said on Wednesday. That marked a second consecutive month in which the GST revenue collection crossed the Rs 95,000 crore mark.

The

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Vistara's new offering will be effective from August, 2, 2018.

Full-service carrier Vistara on Tuesday announced the launch of its bundled scheme -- Vistara Freedom Fares -- which will allow customers to choose the fare and services, said the carrier in a tweet posted on it's official handle- @airvistara. Vistara's new offering will be effective

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Petrol, diesel rates: Petrol is being sold in Delhi at Rs 76.43/ litre, diesel at Rs 67.93/ litre.

Petrol and diesel prices were raised on Thursday after remaining unchanged for two days, according to Indian Oil Corporation (IOC). One litre of petrol was being sold in New Delhi for Rs 76.43, in Kolkata for Rs 79.33, in Mumbai for Rs 83.87, and in

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LIC already has 7-7.5% stake in IDBI Bank and will acquire the remaining for majority holding.

NEW DELHI: The Cabinet on Wednesday cleared the purchase of 51 per cent controlling stake in IDBI Bank by state-run insurer Life Insurance Corporation (LIC), sources said. As per the proposal, the debt-laden bank will issue preferential shares to Life

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RBI monetary policy: Repo rate is the rate at which the RBI lends short-term funds to commercial banks

RBI Governor Urjit Patel-led Monetary Policy Committee announced a hike of 25 basis points in repo rate in its monetary policy statement on Wednesday. This is the third bi-monthly statement by the central bank for financial year 2018-19. Repo rate

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Bank fixed deposit: SBI recently revised its interest rates on fixed deposits across select maturities

A fixed deposit (FD) is a financial instruments that offers a fixed income on deposit of money. This cash deposit is for a specific maturity period - ranging from few days to few years - also known as term of the fixed deposit. Major banks today,

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The reverse repo rate was also raised by 25 basis points, to 6.25 per cent.

The Reserve Bank of India on Wednesday raised interest rates for the second straight meeting, but retained its "neutral" stance as it aimed to contain inflation while not choking growth. Here are some of the comments made by RBI Governor Urjit Patel and Deputy Governor

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The voting results are surprising, Indian proxy advisory firm IiAS Founder Amit Tandon said.

MUMBAI: Deepak Parekh was re-appointed as a non-executive director on the board of the country's largest mortgage lender HDFC but nearly 23 per cent of the shareholders voted against his continuation. Results of the voting at the company's annual general

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Rupee-dollar (INR-USD) rate today: The rupee traded in the range of 68.62-68.42 against the US dollar

The rupee (INR) gained some more ground against the US dollar on Wednesday, a day marked with announcement of a hike in repo rate by the Reserve Bank of India (RBI). The rupee advanced 11 paise to close at a fresh two-week high of 68.43 per US

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In 2017, Apple sold nearly 3.2 million iPhones in India.

New Delhi: Aware of Apple's poor run in the Indian premium smartphone market this year, its CEO Tim Cook on Wednesday avoided mentioning India and the company's "bullish approach" towards the country -- probably for the first time -- at the company's Q3 earnings call. The only mention India

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Apple currently has a market cap of $935 billion.

SAN FRANCISCO: Despite slow iPhone sales, Apple is racing ahead to become the world's first trillion-dollar company as it posted revenue of $53.3 billion in its fiscal third quarter -- an increase of 17 per cent from the year-ago quarter. International sales accounted for 60 per cent of the

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Nissan builds and sells the Micra hatchback, Sunny sedan and Terrano sport-utility vehicle in the country

New Delhi: Nissan Motor Co and authorities in Tamil Nadu are close to settling a dispute over which the Japanese carmaker initiated international arbitration seeking more than $729 million in unpaid dues and damages, sources told Reuters. Under

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Shares of Housing Development Finance Corp were the biggest drag on the NSE index.

The domestic stock market indices closed Wednesday's session on a negative note after Reserve Bank of India (RBI) raised interest rates for the second straight meeting today. The S-P BSE Sensex slipped 84.96 points, or 0.23 per cent, to close at 37,521.62. The

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On Tuesday, the rupee gained 13 paise to close at 68.54 against the US dollar.

The Indian rupee slipped by 5 paise to trade at 68.59 against the US dollar in early trade on Wednesday ahead of the Reserve Bank of India (RBI)'s monetary policy outcome, scheduled later in the day, reported news agency Press

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