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ECONOMY
Diesel up by 17-18 paise, no change in petrol price
New Delhi: Diesel prices rose by 17-18 paise across all major cities, while petrol prices remained unchanged on Saturday, the oil marketing website said.
After the hike, diesel prices rose to Rs 67.41 a litre in Delhi, Rs 69.83 a litre…
RBI suggests Fin Min to align small savings rate
New Delhi: Ahead of the announcement of interest rates on small savings schemes for the January-March quarter by December 31, the RBI has asked the Finance ministry to align their interest rates with market rates that govern the banks also…
Pass FRDI Bill to strengthen financial sector: IMF
New Delhi: The International Monetary Fund (IMF) has suggested India to bring in Financial Resolution and Deposit Insurance Bill to strengthen the financial sector of the country.
"While the application of the Insolvency and Bankruptcy…
Centre seeks stakeholders’ inputs on boosting exports
New Delhi: Commerce & Industry Minister Piyush Goyal has held a mega meet on Friday with all Export Promotion Councils, Federation of Indian Export Organisation (FIEO) and Commodity Boards to discuss ways to boost exports, an official…
TRAI paper on floor prices could lead to tariff hikes
New Delhi: Reacting to the Telecom Regulatory Authority of India (TRAI) floating a consultation paper on fixation of floor prices, analysts say it opens up room for more tariff hikes.
Citigroup said in a research note that the…
PPF Scheme 2019: Account will not be liable to attachment
New Delhi: The Union government has notified new Public Provident Fund (PPF) rules under which the amount in the PPF account will not be liable for attachment.
The new rules called, Public Provident Fund Scheme 2019, have replaced all…
Zomato in advanced talks to buy UberEats: Report
New Delhi: The online food delivery industry in India is set for a big churn as Uber has reportedly entered advanced stages of talks to sell UberEat's India business to rival Zomato by the end of this year.
According to a TechCrunch…
Sensex up 173 pts ahead of IIP, CPI
Mumbai: Sensex and Nifty opened higher on Thursday ahead of the release of key macro figures -- CPI and IIP -- later in the day.
Analysts have said that the upcoming macro indicators like CPI inflation and the IIP data were unlikely to…
Airtel launches Wi-Fi calling services, Jio may follow
New Delhi: Airtel has launched Wi-Fi calling after testing it for months, but for now it will work only on Airtel Xstream Fiber and on select smartphones.
The Wi-Fi calling is being rolled out for prepaid and postpaid subscribers across…
SBI cuts lending rate by 10 bps to 7.90%
New Delhi: The State Bank of India (SBI) on Monday announced a 10 basis points cut in one-year marginal cost of funds-based lending rate (MCLR), effective from December 10. It will bring SBI's one-year MCLR down to 7.90 per cent from 8 per…