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Today electronic or wire money transfers can be made in multiple ways. Electronic or e-transfer of funds refers to transfer of money from one bank account to another carried out online over a network of computers, that is, without dealing with bank staff. The money

India's largest lender State Bank of India (SBI) offers education loan for an amount that can range upto Rs10 lakh for studies in India and Rs 20 lakh for studies in abroad. The loan along with interest can be repaid in a maximum time span of 15 years after the completion of programme. The state lender also offers 12 months of repayment holiday.

Local jewellers lifted gold prices on Friday, despite weak global cues. Gold prices rose to Rs 31,690 per ten grams by Rs 110 for the third straight day. Silver prices, however, could not match up to gold rates as they fell by Rs 100 to Rs 40,500 per kg. In international trade, gold prices were negative but narrowed their losses as US tariffs on

Petrol and diesel prices were increased on Sunday, marking the fourth straight day of marginal hikes. While the magnitude of hikes was in the range of 14-16 paise per litre in case of petrol in Delhi, Kolkata, Mumbai and Chennai, diesel prices were lifted by 10-11 paise per litre, according to data from Indian Oil Corporation. Petrol and diesel

Did you know that you can earn Rs 5 crore worth of money in reward under a government scheme To win the prize money under this scheme, you have to act as an informant for the government to report an instance of income tax evasion. This scheme,

Tata Motors shares rose 3 per cent on Friday, making some recovery from recent losses but finishing the week on a flat note. Tata Motors shares ended at Rs 269.50 apiece on the National Stock Exchange (NSE). On the BSE, Tata Motors settled at Rs 271.15. Concerns relating to the automaker's business in the UK have hurt Tata Motors' shares in the pa

If you are in the taxable bracket, you must file income tax returns. The Income Tax Department has been reminding taxpayers to file income tax returns for assessment year 2017-18. In order to avoid last minute rush, it is best if you file income tax

London: The UK has launched new visas that will be open to overseas scientists and researchers, including Indians, to encourage the growth of the country's research sector. The new UKRI Science, Research and Academia scheme, which is being added to the already

The domestic stock market indices ended Friday's session on a positive note, posting a weekly gain. The S-P BSE Sensex surged 83.31 points, or 0.23 per cent, to close at 35,657.86. The NSE's Nifty50 index rose 22.50 points or 0.17 per cent and settled at 10,772.25. Stock markets ended in

Did you know India Post Payments Bank, under the Department of Posts, offers three types of bank accounts State-run India Post Payments Bank, which was launched in January 2017, currently permits a bank balance up to Rs 1 lakh in its savings accounts. It also

Before you parked money into a mutual fund, some sceptic(s) probably told you to refrain from the "risky" investment, and instead play safe by embracing reliable as well as time-tested financial instrument of bank fixed deposits (FDs). There is no denying the fact that market-led financial instruments are relatively illiquid and riskier than the

Fixed deposits help people save money and also earn an attractive interest rate on the same. In a fixed deposit, customers can keep a certain amount of money with the bank for a specific tenure. In return for the fixed deposit, banks pay interest. Interest income is

Reliance Jio, the telecom arm of billionaire Mukesh Ambani-led Reliance Industries, made some announcements relating to JioPhone at the conglomerate's 41st annual general meeting. Among these was Reliance Jio's goal to enable 100 million (10 crore) users on the JioPhone platform "in the shortest possible time". Reliance Jio, which offers telecom

Indian Railways will roll out a special train starting Rewa in Madhya Pradesh on July 17. The Western Railway's train will leave Rewa at 6.30 pm to reach Rajkot in Gujarat at 10.50 pm the next day (July 18). The train will have second class sleeper class coaches.

If you are travelling by an Indian Railways train, you are now permitted to use your aadhaar card and driving licence saved in Digital Locker as a proof of identity. DigiLocker is a cloud-based platform for issuance and verification of documents and

Kolkata: New India should have an economy driven by entrepreneurship and innovation, Union Commerce and Industries Minister Suresh Prabhu said here on Saturday, cautioning that the debate between public and private sectors should be judged solely by

New Delhi: Fitch Ratings on Friday said that rising fuel prices could strain India's commercial vehicle operators and lead to a rise in auto-loan delinquencies. "That said, the upbeat economic outlook suggests operators may find it easier to pass increased costs

Indian Railways allows passengers with single journey tickets for distance of more than 500 Kilometers to break their journey once for two days at any station en-route, according to Indian Railways portal- indianrail.gov.in. However, this facility

Mumbai: Shareholders of Reliance Industries (RIL) have reappointed Mukesh D Ambani as the company's managing director for a period of five years commencing from April 19, 2019. Mr Ambani also holds the post of chairman at the conglomerate.

(Also read: What Reliance Jio's Latest Announcements On JioPhone Mean For You)

According to a regulatory filing

IRCTC (Indian Railway Catering and Tourism Corporation) offers quota of 'Tatkal' as well as 'Premium Tatkal' for online ticket bookings. These ticket booking are meant for immediate plans, according to IRCTC's official website- irctc.co.in. The major difference between these two ticket booking types lies in the ticket prices. The Tatkal ticket

New Delhi: In order to recover maximum out of Vijay Mallya's assets, Banks are working very closely with the UK authorities, State Bank of India's (SBI) Managing Director Arijit Basu said on Friday. Mr Basu's statement came in wake of a British court permitting the Br

New Delhi: To avoid the time-consuming railway recruitment board route, Indian Railways has opened the doors for contractual engagement in certain categories against existing vacancies to tide over shortage of staff in some key areas.

Besides, it has also decided to engage retired staff for preserving and reviving railway heritage properties such

Oil marketing companies (IOC, HPCL and BPCL) on Saturday raised the prices of petrol, diesel again for the third day in a row. After the price hike, petrol prices now stand at Rs 75.98 in Delhi. In other three metro cities of Mumbai, Kolkata and Chennai, petrol prices

With the onset of monsoon season, airlines have come up with hefty discounts on flight tickets. Airlines like IndiGo, SpiceJet, GoAir and AirAsia India are offering lucrative deals on domestic flight tickets to woo flyers. IndiGo, GoAir and SpiceJet are offering

If you haven't filed your ITR or income tax return so far this year, you should do it this month. With July 31 being the last day to file ITR by individuals for assessment year 2018-19, if you haven't already, you have few weeks to learn about the ITR filing procedure. However, filing an ITR is not all. The Income Tax Department has mandated the

An income tax return, as the name suggests, is a return or form of 'income' which also incorporates pertinent tax information for the relevant year. If your total income exceeds the basic exemption limits (e.g. Rs. 5 lakh for very senior citizen, Rs. 3 lakh for

Varroc Engineering issue opened over 6 percent higher on the market debut on BSE. The Varroc Engineering shares was issued at Rs 967 while the shares opened at Rs 1,032 on Friday, 6.7 percent higher against the issue price on BSE. In the intraday trading, the

New Delhi: Gold prices went down by Rs 40 to Rs 31,650 per 10 grams at the bullion market on Saturday, driven by a weak trend overseas amid easing demand from local jewellers. However, silver held steady at Rs 40,500 per kg on scattered deals from industrial units and coin makers.

Marketmen said that besides weak global cues, a fall in demand from

Money transfer services such as NEFT, RTGS and IMPS are offered by most banks across the country today. Wire transfer or instant money transfer service refers to a service offered by a bank wherein the user can transfer funds, or money, from one

The Indian rupee on Friday skidded by 8 paise to trade at 69.03 against the US dollar in opening trade, reported Press Trust of India (PTI). The fresh fall in Indian currency is due to appreciation of the American currency overseas and sustained foreign capital outflows. According to forex dealers, this is the rupee's third straight slide which is