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Stock markets retreated from record highs on Wednesday, with the BSE Sensex falling 146 points. The Sensex closed at 36,373, down 0.4 per cent, while the NSE Nifty settled 27 points, or 0.25 per cent, lower at 10,980. The markets fell after a no-confidence motion was moved against Prime Minister Narendra Modi's government in Parliament. Metal and

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IDBI Bank's gross non-performing assets amounted to Rs 55,600 crore at the end of Q4

Mumbai: State-run IDBI Bank on Tuesday said it will seek the central government's nod on Life Insurance Corporation's proposal to acquire a 51 per cent stake in the debt-ridden lender. According to a filing to the BSE, the lender received LIC's proposal to acquire

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Post office recurring deposits and monthly income scheme guarantee returns as interest rates are fixed.

India Post, which also deals with banking services, offers to its customers the option of recurring deposit (RD) accounts and monthly income scheme (MIS) accounts. With deposits in either of these schemes, you can not only increase your savings

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BookMyShow had raised about Rs 830 crores from previous rounds of funding.

Bigtree Entertainment Pvt Ltd, owner of online movie and events ticketing portal BookMyShow, on Wednesday said it has raised $100 million in its latest round of funding from a group of investors. The Series D funding was led by new player TPG Growth, while existing investors

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Bank repaired deposits (FDs) are best fit for investors with low risk appetite, say monetary plannersMany individuals choose investing their cash in fixed deposits (FDs). From a point of view of increasing the return on one's surplus cash, this may not be an impressive move. Investment in a bank FD or repaired deposit requires repaired, pre-determined
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NEFT, IMPS and RTGS charges levied from the customers vary from one bank to another

Most banks today offer three wire money transfer or electronic money transfer services. These are National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS). The charges levied from the customers vary from one

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Sovereign gold, however, remained unaltered at Rs 24,700 per piece of eight grams

Gold prices on Wednesday tumbled by Rs 250 to trade at over five-month low of Rs 30,800 per 10 grams at the bullion market amid weakening global trend and considerable fall in demand from local jewellers, reported news agency Press Trust of India (PTI). Silver

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Budget carrier IndiGo has introduced new flights connecting Surat.

On robust growth of air traffic in recent times, airlines in the country have come up with new routes to attract customers and to increase their market share. IndiGo, Jet Airways and AirAsia have come introduced new routes joining regional areas. Government's UDAN scheme, which aims

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Airtel offers endless calling and 20 GB 3G/4G data monthly under Rs. 399 postpaid plan.In the competitive Indian telecom sector, operators are developing brand-new offers on both, postpaid and prepaid services nearly every day. Customers have a wide range to pick when it comes to prepaid strategies however in recent times, operators have also
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TCNS IPO: Shareholders of TCNS Clothing are selling up to 1,57,14,038 equity shares.

TCNS Clothing Co Ltd (TCCL), which owns women's wear brands W, Aurelia and Wishful, launched an initial public offer (IPO) on Wednesday. the TCCL IPO, estimated at Rs 1,125.12 crore, will close on July 20. TCNS Clothing designs, manufactures, markets and retails a

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Last October, the Union Cabinet approved a Rs 2.11 lakh crore recapitalisation plan for PSBs.

New Delhi: The government is likely to recapitalise some state-run banks in urgent need by up to Rs 10,000 crore within a few days to help them meet regulatory capital requirements, official sources said on Tuesday. According to the Finance Ministry

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Jet Airways is offering up to 25% discount on domestic flight tickets on base fare.

Jet Airways has come up with a discount offer on domestic and international flight tickets, said the country's second largest airline on its official website -- jetairways.com. Jet Airways is offering up to 30 per cent discount, which is applicable on base fare in

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Punjab National Bank (PNB) will get a capital infusion of Rs 2,816 crore.

New Delhi: Government will inject a total Rs 11,336 crore ($1.65 billion) in five state-run banks, including fraud-hit Punjab National Bank, in a week or so, a senior government official told Reuters on Wednesday. Punjab National Bank will get Rs 2,816 crore, while

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Gold rate: Experts point at a strong negative correlation between gold price and the US dollar

Domestic gold prices have declined about 1 per cent in the past two weeks. During this period, the prices for 24-carat gold - or gold of 99.9 per cent purity - stayed in the range of Rs 31,090-31,210 per 10 grams on a closing basis. Strength in the dollar

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On NSE, HUL's share price hit a 52-week low of Rs 1,130 on July 17, 2017.

Hindustan Unilever (HUL) share price fell by Rs 60 or 3.41 per cent on the S-P BSE Sensex in early morning trade on Tuesday. The FMCG major's shares were trading at Rs 1,694 on the BSE. On the broader NSE Nifty50, HUL's share price was down by Rs 54 or 3 per cent at Rs

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Punjab National Bank (PNB) share price was lower by 3.24% or Rs 2.55 to Rs 76.15.

PSU banking stocks fell in Wednesday's trading session after a strong start. On the National Stock Exchange (NSE) at 11:30 am, State Bank of India (SBI)'s share price was down 0.33 per cent or Rs 0.85 to Rs 258.20. Punjab National Bank (PNB) share price was lower by

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State Bank of India (SBI)'s basic savings bank deposit account does not require any minimum balance.

State Bank of India (SBI), the largest lender of the country, requires customers to maintain a certain minimum balance in its savings accounts, except for some like the basic savings bank deposit account. Minimum balance requirements of SBI vary

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Petrol, diesel prices are applicable from 6 am on July 17, 2018.

Petrol and diesel prices were not slashed on Tuesday, despite global crude oil prices plunging by 4 per cent. A litre of petrol was being sold in Delhi for Rs 76.84; in Kolkata for Rs 79.51; in Mumbai for Rs 84.22; and in Chennai for Rs 79.76. A litre of diesel was being sold in Delhi

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Vistara's fares on flight tickets under the sale are also available for premium economy - business class.

In a bid to woo more passengers, Vistara airline on Wednesday, announced a 'Monsoon Flash Sale' across all three of its cabin classes, with all-inclusive one-way fares starting from Rs 1,299, said the airline in a press release. Vistara's

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HDFC Asset Management will just be the second shared fund supervisor to be noted on the Indian bourses.Mumbai: HDFC Asset Management Co Ltd's initial public offering of shares next week looks for to raise as much as Rs 2,800 crore ($409.1 million) in among the greatest IPOs this year. The mutual fund supervisor's 2 most significant investors - home mortgage loan provider
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Stock Market Update: Sensex, Nifty recovered in trade but continued to swing between gains and losses.

After a flat start, the domestic equity benchmarks recovered in trade but continued to swing between gains and losses amid mixed global cues. At 10:35 am, the S-P BSE Sensex traded at 36,331.42, up 7.65 points or 0.02 per cent while the

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Spending increased 89% from a year earlier during the first 12 hours of Amazon Prime Day.

Amazon.com Inc.'s fourth annual Prime Day event lured shoppers from around the world, highlighting the promotion's evolution from a rummage sale of obscure products to 36 hours of discounts on major brands such as Samsonite luggage, Callaway golf clubs and

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Sensex, Nifty on Tuesday: Thirty nine stocks on the Nifty finished in the positive zone

Domestic stock markets rose on Tuesday, supported by gains witnessed across banking and energy stocks. BSE benchmark index Sensex moved up 196 points, or 0.5 per cent, to close at 36,519 while the NSE Nifty settled at 11,008, up 71 points. Thirty nine stocks on

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Bank FDs guarantee a fixed interest rate irrespective of market uncertainties, say financial experts

Bank fixed deposits or FDs are the preferred choice of investment for a rather traditional investor. In other words, individuals with low risk-appetite often find bank fixed deposits to be an attractive instrument for their surplus savings. Reason

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Petrol, diesel prices are decided on the basis of crude prices and the rate of rupee.

For the second day in a row on Wednesday, petrol and diesel prices were left unchanged despite a fall in global crude oil prices, according to Indian Oil Corporation (IOC). One litre of petrol was being sold in national capital New Delhi for Rs 76.84, in Kolkata

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Netflix added 5.2 million customers from April through June, 1 million fewer than forecasts.

Netflix Inc's subscriber growth fell short of Wall Street expectations on Monday, sending shares of the normally high-flying stock down 14 per cent on fears that the company's rapid expansion is slowing. The streaming video pioneer added 5.2 million

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Airline IndiGo has introduced new flights connecting Surat. The new non-stop flights will connect Surat with cities such as Delhi, Bengaluru and Mumbai, among others. This was said by the airline on its website - goindigo.in. With an apparent view to promoting its new flights, IndiGo has opened bookings for flight tickets on the routes at a

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Sensex, Nifty on Wednesday: A strong closing of Wall Street added to the gains.

The domestic equity benchmark, the S-P BSE Sensex opened at a fresh record high on Wednesday at 36,722.41 as it rallied over 200 points. However, at 10:37 am, it traded at 36,639.80 level with a gain of 119.84 points or 0.33 per cent. The broader Nifty50 opened

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Sovereign gold, however, remained unaltered at Rs 24,700 per piece of eight grams

Gold prices fell by Rs 100 to Rs 31,050 per 10 grams at the bullion market on Tuesday owing to a slackened demand from local jewellers even as the metal strengthened overseas, reported news agency Press Trust of India (PTI). Silver followed suit and slipped by Rs 130

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Prevailing weakness in the rupee coupled with crude oil around $73.50 per barrel does not leave enough room for oil marketing companies to pass on any major benefit to consumers, say analysts.

Domestic petrol and diesel prices were reduced in the range of 10-11 paise per litre across Delhi, Kolkata, Mumbai and Chennai on Monday, marking the first

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