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ixed deposit interest rates are also higher than those offered by savings accounts.

A fixed deposit (FD) is a financial instrument which offers guaranteed returns. In a fixed deposit account, money is deposited for a specific time, which varies from 7 days to ten years. Fixed deposit interest rates are also higher than those offered by savings

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New Delhi: Reliance Retail's JioPhone emerged as a clear leader in the country's mobile handset market with a 27 per cent share in the second quarter of 2018 in the 'Fusion' segment, according to report. JioPhone has given birth to a new segment in India - the "Fusion" phones segment. "Fusion" handsets have a feature phone form factor with 4G c

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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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Tesla ended June with about $2.2 billion in cash, the least it's carried since the first quarter of 2016.

Elon Musk may have been on to something when he said Tesla was becoming a real car company. Just as importantly for investors, he's acting more like a real CEO.

Tesla burned through less cash than Wall Street feared in the second quarter,

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However, Air India received no response till May 31, the closing day.

New Delhi: The government has no plans to sell-off its entire stake in Air India, Parliament was told on Wednesday. Minister of State for Civil Aviation Jayant Sinha informed the Rajya Sabha in a written reply to a question on whether the government is considering to exit from

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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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SBI ATMs' Fast Cash service enables customers to withdraw their preferred amounts with just a touch.

State Bank of India or SBI, which has 59,541 ATMs as on March 31, 2018, offers many ATM services, including cash withdrawal. Customers can transact free of cost at the ATMs of State Bank of India group using any SBI ATM-cum-debit card, even at the

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The world's 500 largest companies generated $30 trillion in revenues and $1.9 trillion in profits in 2017

Mumbai: Seven Indian companies feature in the US magazine Fortune 500 list of the world's largest firms, with state-run Indian Oil Corp (IOC) remaining the top-ranked Indian company in the 2018 rankings and Reliance Industries Ltd (RIL)

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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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Cognizants clients in the healthcare and financial industries spent more for its services in the quarter

Cognizant Technology Solutions Corp topped analysts' estimates for quarterly profit on Thursday, as clients in the healthcare and financial industries spent more for its services.

The company has been investing heavily in its digital services

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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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Domestic stock markets declined for a second straight session, with the BSE Sensex closing 356 points lower. The 30-scrip BSE benchmark index settled at 37,165, while the NSE Nifty settled 101 points lower at 11,244. The indices were dragged lower by a selloff witnessed across banking, financial and auto stocks. The fall came a day after the

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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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The deadline for submitting entries to the challenge is August 12, Accenture said.

BENGALURU: Global professional services company Accenture is inviting college students to participate in this year''s "innovation challenge" and win prize worth up to Rs 1,50,000, besides getting into a fast-track recruitment process to be set up for all eligible

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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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ICICI Bank had in June this year appointed Sandeep Bakhshi as chief operating officer

Mumbai: ICICI Bank on Wednesday said that the Reserve Bank of India (RBI) has approved the appointment of Sandeep Bakhshi as its chief operating officer (COO). Mr Bakhshi's appointment will take effect from July 31, the private sector banking major said in a

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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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Sovereign gold, however, held steady at Rs 24,600 per piece of eight gram.

Gold tumbled by Rs 365 to Rs 30,435 per 10 gram today on the back of subdued global cues amid slump in demand from local jewellers, reported news agency Press Trust of India. Silver followed suit and declined by Rs 50 to Rs 39,000 per kg owing to reduced offtake by

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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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Alex Stamos' last day at Facebook will be August 17.

SAN FRANCISCO: Facebook''s Chief Security Officer Alex Stamos on Thursday made it official to leave the social media platform and join Stanford University as a full-time teacher and researcher.

The announcement came as Facebook under Stamos investigation revealed on Tuesday that it discovered and

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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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After the announcement of hike in repo rate in the RBI Policy, home loan interest rates are seen rising

State Bank of India or SBI, the largest lender of the country, is offering home loans at interest rates starting from 8.45 per cent per annum. After a hike in the repo rate to 6.5 per cent in the latest RBI policy, home loan interest rates are

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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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