Vistara Offers Flight Tickets From Rs. 999 In 24-Hour Sale

Vistara Offers Flight Tickets From Rs 999 In 24-Hour Sale

Vistara Offers Flight Tickets From Rs 999 In 24-Hour Sale

Vistara 24-hour festive sale: Lowest fare of Rs. 999 is one-way economy fare from Bagdogra to Guwahati.

Vistara has announced flight tickets from Rs. 999 in a limited-period sale. The festive sale is open for a period of 24 hours and applicable to one-way fares across all three booking classes, according to the airline’s website, Vistara is offering flight tickets at a discount of up to 80 per cent relative to standard last-minute fares across the economy, premium economy and business booking classes, according to its website. Under the scheme, flight tickets start from Rs. 999 in economy class, 2,199 in premium economy and Rs. 5,499 in business, according to Vistara.

Vistara 24-hour festive sale on flight tickets: booking details

Bookings for Vistara flight tickets under the 24-hour sale opened from 00:01 hours on Wednesday. Flight tickets under the scheme can be booked for travel between December 27, 2018 and April 10, 2019, both dates included, according to the carrier’s website.

(Also read: GoAir adds 24th domestic destination, offers flight tickets from Rs. 1,415)

A minimum of fifteen days of advance purchase is required for economy and premium economy class bookings under the scheme, and a minimum of three days for the business class, according to Vistara.

Seats are limited and are available on a first-come-first-served basis, Vistara said. These fares are all-inclusive, with no surprise fuel surcharges or taxes in addition to the stated fares.

Customers can make the bookings under the sale on the airline’s website –, mobile app (available on iOS and Android platforms), its airport ticket offices and call centre, and through online travel agencies and agents.


Goldman Sachs: As long as consumers keep shopping, there’s hope for the economy

Shoppers carrying bags walk up Fifth Avenue in New York City. 

David Goldman | Getty Images
Shoppers carrying bags walk up Fifth Avenue in New York City.

For a market that’s become increasingly jittery over the U.S. economy, Goldman Sachs has a message: All is not lost.

Wall Street’s head-spinning volatility, which last week shaved more than 1,000 points off the Dow Jones Industrial Average, has pushed stocks into correction territory and raised fears for 2019. Although falling stocks and rising interest rates will continue to weigh on sentiment, those negatives are likely to be offset by higher wages and oil prices in retreat, Goldman said in a research note to clients Saturday.

“Three of the key drivers of consumer spending send a positive message for the near-term outlook,” the bank’s analysts wrote.

“First, real disposable income is likely to continue its strong growth due to accelerating wage growth, and recent declines in the oil price are likely to be a significant tailwind to spending in 2019,” Goldman said. November’s jobs data released on Friday showed lower-than-expected payrolls growth but wages growing at the fastest rate in nearly a decade.

“Second, the saving rate looks elevated relative to the high level of household wealth, even after the recent sell-off,” the analysts wrote. And with consumer spending — which comprises 2/3rd of the vast U.S. economy — still strong, “consumer sentiment is likely to stay elevated, reflecting strong underlying economic fundamentals as well as optimism about the labor market and income growth,” the firm said.

Jobs numbers show economy slowing to a more gentle growth, says economist

Jobs numbers show economy slowing to a more gentle growth, says economist   12:13 PM ET Fri, 7 Dec 2018 | 03:32

Goldman’s relatively upbeat assessment came against a backdrop of a market buffeted by internal and external risks — most notably the U.S.’ ongoing trade war with China. The Dow has erased its gains for the year, while the S&P 500 pulled back 2.3 percent to 2,633.08 and turned negative for the year.

The bank acknowledged that those sharp losses will translate into “some near-term restraint on spending,” as well as consumer lending. Rising interest rates will also dampen the outlook, the bank said, adding that growth will gradually decelerate from 2.8 percent in the first quarter to an average of 2.4-to 2.5 percent over 2019.

In a somber assessment of its own on Friday, Morgan Stanley forecast the market would remain “range bound” in 2019, citing “the elevated risk of an earnings recession. We expect topline growth to decelerate (due to decelerating GDP) and margins to come under pressure.”

With the Federal Reserve and the European Central Bank pulling back on loose money policies, “the good news is that tightening may be coming to a pause/end early next year which could bring relief to global asset prices particularly if China growth stabilizes,” Morgan Stanley’s analysts wrote.

Still, economists point to the sharp drop in crude prices, which recently fell below $50 per barrel, as a boost for consumers.

“The recent declines in the oil price, the high savings rate, and strong consumer sentiment, largely offset the drag from recent stock price declines, tightening lending standards, and higher rates,” according to Goldman.

“The bottom line is that even after recent declines in the equity market, we continue to expect strong but decelerating consumption growth over the next few quarters,” the bank said.


Bridge to nowhere? Some doubts on U.S. economy justified, doom and gloom is not

Getty Images
Wall Street scurrying for the exits? More and more investors apparently see the economy becoming a bridge to nowhere.

Just a few months ago, investors drove the U.S. stock market SPX, -2.33%  to an all-time high. Now they’re scurrying for the off-ramp and showing fresh doubts about economy. Have things really gone south that fast?

Not really.

The economy is forecast to grow at an above-average speed of 2.6% in the fourth quarter, for one thing. Consumer confidence is at a two-decade high. The unemployment rate remains at a 49-year low. And the holiday shopping season is shaping up to be a big one.

Still, some warning signs have emerged.

Home sales have softened after a rise in mortgage rates. Corporate investment has tapered off. Job creation slowed in November. And a festering trade dispute with China and resulting tariffs have raised costs for businesses and consumers.

“It’s becoming clearer by the day that the best days for this economic cycle are behind us,” asserted Scott Anderson, chief economist of Bank of the West.

The sudden shift in perception is forcing the Federal Reserve to reconsider how many times it will raises interest rates in the next year.

Not only does the economy seem a touch more vulnerable than it did a few months ago, a recent upturn in inflation also appears to have crested. The Fed has been gradually raising rates to head off an unwelcome increase in rates, but now the problem seems less urgent.

One sign came last week in a weaker-than-expected November employment report. The economy added just 155,000 new jobs — well below the 190,000 forecast — and the yearly increase in hourly wage growth stood pat at 3.1%.

More evidence might emerge this week. The consumer price index, which tracks the cost of living, could show a flat or even negative reading for the first time in eight months. The annual rate of inflation as measured by the CPI could drop to a nine-month low of 2.2% from 2.5%

Similarly weak readings are likely in other inflation barometers for wholesale U.S. goods and imported products.

What’s a common thread?

Falling oil prices . A surge in petroleum helped fuel an upturn in inflation earlier this year that spurred the Fed to raise U.S. interest rates three times. Now lower oil prices are acting as a brake on inflation.

Lower oil prices CLF9, +1.24%  will probably deliver seemingly disappointing retail sales in November.

Americans spent a lot less filling up at gas stations, making it look like retailers had a bad month. Economists polled by MarketWatch predict a lackluster 0.2% increase.

“Here’s a word of advice on anyone planning to use the November retail sales report as a guide to how the holiday shopping season is going: don’t,” said chief economist Richard Moody of Regions Financial.


Cramer’s lightning round: I’m not a fan of Netflix’s stock as an end-of-year buy

Netflix Inc.: “Candidly, I’m not a fan of Netflix. I’m not a fan of Netflix because I think that a lot of it depends on the content and I just don’t find the content as compelling as it once was. I think it’s a good story, but not a great story, because it’s up so much for the year and that’s been a real big determinant about how stocks are doing right now.”

Cytokinetics Inc.: “Very speculative, but I’ll endorse it as long as you understand that that thing is literally one of the most speculative stocks out there.”

Yeti Holdings Inc.: “Yeah, I think [its post-earnings dip is a buying opportunity]. I actually liked the quarter. I mean, far be it from me to disagree with the market’s view, but I liked the quarter. I think it’s OK. The market liked the PepsiCos and the Gileads this week, and the Celgenes.”

The Kraft Heinz Co.: “[What’s not to love?] Well, the fact that it has no growth whatsoever. But I’ll do this for you: I’ll say that if you want to hope that they somehow manage to get some growth, then you can buy it. But if I want no growth, I want safety and I want a bond.”

Chico’s FAS Inc.: “No. Don’t ask me about Chico’s. That was a horrible quarter, frankly. I mean, that may have been the worst of the mall-based stores. No, well, obviously there’s Sears and J.C. Penney, but it was a bad call. I don’t want you in that, OK?”

LyondellBasell Industries NV: “People feel that we’re going into a big slowdown and you don’t want to own a chemical company into a slowdown, but I agree with you. I think it represents good value with a 4 percent yield, but I do prefer DowDuPont.”


Climate change will cost economy hundreds of billions of dollars, government says in sweeping report

Bob Richling carries Iris Darden as water from the Little River starts to seep into her home on September 17, 2018 in Spring Lake, North Carolina. 

Bob Richling carries Iris Darden as water from the Little River starts to seep into her home on September 17, 2018 in Spring Lake, North Carolina.

Climate change will cost the U.S. economy hundreds of billions of dollars by the end of the century, damaging everything from human health to infrastructure and agricultural production, according to a government report issued on Friday.

The White House dismissed the congressionally mandated reported as inaccurate.

The report, written with the help of more than a dozen U.S. government agencies and departments, outlined the projected impact of global warming in every corner of American society, in a dire warning that is at odds with the Trump administration’s pro-fossil-fuels agenda.

“With continued growth in emissions at historic rates, annual losses in some economic sectors are projected to reach hundreds of billions of dollars by the end of the century – more than the current gross domestic product (GDP) of many U.S. states,” the report, the Fourth National Climate Assessment Volume II, said.

Global warming would disproportionately hurt the poor, broadly undermine human health, damage infrastructure, limit the availability of water, alter coastlines, and boost costs in industries from farming, to fisheries and energy production, the report said.


The New Sony Xperia XZ2 Has Tools for Small Business Content Marketers

  • The New Sony Xperia XZ2 Made for Creators
  • Sony (NYSE: SNE) announced the Xperia XZ2 at Mobile World Congress 2018, where the prevailing theme amongst smartphone manufacturers this year has been cameras and entertainment.
  • Hideyuki Furumi, Executive Vice President of Global Sales and Marketing for Sony Mobile Communications, explained in a press release, “If entertainment is your priority, then our new Xperia XZ2 and XZ2 Compact are your smartphones. We have pushed Sony’s boundaries even further with our new products for movie recording, viewing, and music listening.”
  • However, for content creators, particularly small business marketers, the XZ2 also has some noteworthy features which may persuade them to consider it as their daily driver, especially if the price is right.
  • The Xperia, Sony’s flagship phone, comes in two different versions. The XZ2 and the XZ2 Compact have been designed with quality cameras, display and audio technology content creators involved in small business marketers can take advantage of.
  • For small businesses operating in a creative field, the XZ2 is a smartphone packed with powerful features for creating and consuming content.
  • Sony Xperia XZ2 Specs
  • The specs both phones share include: a Qualcomm Snapdragon 845 processor, 4GB RAM, 64GB storage expandable up to 400GB with MicroSD card, 18:9 Full HD+ (1080×2160) HDR display, TRILUMINOS Display for mobile, 19MP rear camera and 5MP front camera, fingerprint scanner on the back, and Android 8.0 Oreo.
  • The XZ2 has a 5.7-inch display, Dynamic Vibration system, QI Wireless charging, 3180mAh battery, and is covered in a 3D Gorilla Glass surface.
  • The compact version has a 5-inch display, polycarbonate finish and a 2870mAh battery.
  • The standout features of both phones are fast connection speeds (up to 1.2Gbps) with second-generation Gigabit LTE, 4K HDR Movie recording, 960 fps Super slow motion video (FHD/HD), Predictive Capture (motion/smile), 3D Creator, Movie Creator and AR effect.
  • Price and Availability
  • The Xperia line is not the first brand customers think of when they are in the market for a smartphone. But if Sony prices this phone right — meaning much lower than the $1,000 price tag of other flagship phones — it has a great chance of getting more recognition.
  • Sony hasn’t announced how much these phones will cost when they become available globally in March, so a decision on whether small businesses can fit this device in their budget must wait. However, when the XZ1 launched it was $699 and the XZ1 Compact came in at $599. So if the latest Sony phones come in anywhere near this, they will definitely get the attention of many businesses and consumers alike.
  • [“Source-smallbiztrends”]

Don’t trust family members with your credit card

Retiree credit card

Alexandra Iakovleva | Getty Images

Here’s a test of trust: Let your best friend borrow your credit card.

Or maybe not.

About half of all current or former cardholders allowed someone else to use their plastic. Of these, nearly a third of those individuals said that they had a bad experience, according to new data from

The personal finance site polled 2,253 adults online in February.

“Ultimately, you’re better off just saying no. It may make for an awkward conversation, but it’s better than finding yourself in a financial mess.”-Matt Schulz, Senior industry analyst at

Six out of 10 people said that they would allow an immediate family member borrow their credit card. Nine percent said they have let friends use their cards.

“When it comes down to it, if you lend someone your card, you have a 1 in 3 chance of getting burned,” said Matt Schulz, senior industry analyst at

The site estimated that 36 million individuals have had negative results when allowing a third party to use their credit card. The most common problem reported was overspending, followed by not getting paid back and not having the card returned.

Here’s why your friends and family have the best opportunity to misuse your plastic.

The devil you know


Hero Images | Getty Images

In 2014, about 550,000 fraud and identity theft victims said that someone they knew had compromised their information, according to Javelin Strategy & Research data pulled for CNBC.

Federal law limits your liability on unauthorized charges if your credit or debit card is stolen and if you act quickly.

Which law applies depends on the kind of card in question. For instance, your liability for fraudulent charges on your debit card is limited to $50 if you report the card stolen or lost within two business days of finding out about the theft.

But these protections don’t apply if you gave your card to another person and he or she misuses it. In that case, the friend or family member is considered an authorized user — and you’re on the hook for the charges.

Nearly half of the individuals polled by said that they were comfortable with an immediate family member charging more than $100 on a borrowed card.

“Ultimately, you’re better off just saying no,” said Schulz. “It may make for an awkward conversation, but it’s better than finding yourself in a financial mess.”

Be suspicious

It’s one thing to let your spouse borrow your credit card, but an entirely different matter to give it to your child or anyone else.

Here are some suggestions from Javelin and Experian on how to safeguard your information from people closest to home.

  • Lock up your paper: Stash your bank and credit card statements, tax returns, checkbooks and other sensitive information in a locked filing cabinet or safe.
  • Don’t tell your kids everything: Keep your teenagers away from sensitive information, including your Social Security number and credit card account numbers.
  • Maintain good web hygiene: Turn off your computer when you aren’t using it, and avoid maintaining sensitive information on your hard drive. Steer clear of public Wi-Fi, and be sure to encrypt any data that you store on your devices.
  • Use account alerts: Your bank may give you the option of receiving a heads up if there’s suspicious activity on your accounts, like a new bill payee or a large transaction. Sign up for this service if it’s available.
  • Strengthen your credentials: Avoid obvious passwords that people close to you can easily guess. Use two-factor authentication where you can. This will require you to take an extra step beyond providing a login and password in order to sign into an account.
In the wakes of Equifax breach, here is how to protect yourself from identity theft

This credit card mistake can cost you a lot of money

I see it all the time.

People want to help a partner, adult child or friend in financial trouble. Or they want to assist someone in building a good credit history so he or she can rent an apartment or buy a home. So they lend someone their credit card.

Nearly half of current or former credit cardholders say they have let someone else use their credit card, according to a new survey by

And it doesn’t end well for a lot of these folks. In fact, 35 percent of survey participants suffered negative consequences. People overspent on their card (19 percent), they weren’t repaid (14 percent) or their card was lost, stolen or never returned (10 percent).

“You really are playing with fire when you let someone else use your credit card, so proceed with caution,” said senior industry analyst Matt Schulz for “Whether they spend more than you anticipated, don’t pay you back or you never see the card again, ultimately, you are the one who is responsible.”

Why would people hand over their credit cards?

Brad Klontz, founder of the Financial Psychology Institute told “My guess is that a large segment of those individuals are financial enablers. “In an attempt to help somebody, they either loan them money or support them in some way that ends up hurting themselves. And it’s probably feeding some financial dependence or money disorder on the other side.”

Ever hear about credit card “piggybacking?”

This is a credit building strategy that involves letting someone become an authorized user on your credit card. People with no credit or bad credit are sometimes advised that one way to rebuild their credit is to get somebody — their mama, daddy, grandparent or friend — to add them on a credit card as an authorized user.

Piggybacking can be a good deal for the person trying to establish credit or get a boost to a badly bruised credit history. The authorized user benefits from the positive credit history of the primary cardholder.

But here’s the problem: The person piggybacking on your good name isn’t liable for paying any of the charges he or she makes on the card. You may have an agreement, but that’s just between you and the person who has the card. If he doesn’t pay, the creditor comes after you. I’ve seen plenty of parents and grandparents, who allowed an adult child to become an authorized user, get stuck with the debt. It’s ruin relationships.

In one case, a reader emailed that she added a friend to her credit card as an authorized user. The friend transferred $3,500 in debt from a credit card she owned to take advantage of a zero percent interest offer for a year. The year went by and the woman only managed to pay down $700. And then the piggybacking friend filed for bankruptcy.

The primary cardholder ended up having to pay off the balance of $2,800.

There is a negative side to this strategy. The primary cardholder could fall into financial trouble and start making late payments and that negative information can end up on the credit record of the person piggybacking.

I’m not a fan of piggybacking. People mean well but things happen. Don’t lend your credit card to someone because it may end up ruining your good name.

From read: The good and the bad of credit account ‘piggybacking’

Color of Money question of the week
Have you been burned after lending your credit card to someone? Send your comments to Considering that I’m asking you to out yourself, this week you can respond by using just your first name and I still would like to know your city and state. In the subject line put “Credit Card”

Live chat today
What’s on your mind about your money? Please join me today at noon (ET). I’ll be available to answer your personal finance questions.

Here’s the link to join the conversation.

When is it okay to lie to save money?

Last week for the Color of Money Question I asked: Have you lied to save money?

Lois from Boston wrote, “I share my Amazon video and music accounts with my son and his family. They share their Netflix account with me. Though we’re close relatives, we don’t live in the same household. Frankly, I don’t consider this lying. Providers of streaming services price their products, and limit the number of devices that can use them simultaneously, with this type of “unauthorized” sharing in mind. Given that practice, I feel justified in declining to subsidize a very disingenuous business model.”

“I did I used my cousin’s military discount to buy an oven,” Na in Clinton, Md., wrote.

“When I was 20, I listened to a graduation keynote speaker whose main message was to convey to the graduates the benefits of living a life of honesty and playing by the rules,” wrote Tom Wingfield of Las Cruces, N.M. “Life is so much simpler and more fulfilling if you don’t have to worry about getting caught or have to try to remember what you said to whom, wrote on an application, etc. You can always fall back on the truth. Before you realize it, you’ve lived a life where you’ve inadvertently become a good example for your children and grandchildren. Don’t worry about what some other people may think they are getting away with because, over a lifetime, honesty is the best policy economically.”

Color of Money columns this week
Knowledge isn’t power. The right knowledge is power.

Stay informed about your money.

In addition to this newsletter, read and share my weekly personal finance columns.

— When a $4,000 dress is a symbol of frugality

— It’s not fun to do a ‘paycheck checkup’ – but do it anyway

Newsletter comments policy
Please note it is my personal policy to identify readers who respond to questions I ask in my newsletters. I find it encourages thoughtful and civil conversation. I want my newsletters to be a safe place to express your opinion. On sensitive matters or upon request, I’m happy to include just your first name and/or last initial. But I prefer not to post anonymous comments (I do make exceptions when I’m asking questions that might reveal sensitive information or cause conflict.)

Have a question about your finances? Michelle Singletary has a weekly live chat every Thursday at noon where she discusses financial dilemmas with readers. You can also write to Michelle directly by sending an email to Personal responses may not be possible, and comments or questions may be used in a future column, with the writer’s name, unless otherwise requested. To read more Color of Money columns, go here.


Credit card vs. Debit card – Which one should you use

Credit card vs. Debit card - Which one should you use

On the surface, credit cards and debit cards may appear to be the same thing – they are just plastic that you use to purchase something. However, nothing could be further from the truth. Before filling a credit card application, you should understand the primary difference between the two and their importance.

Simply put, a debit card is what you use when you want to spend your own money, whereas, in case of a credit card, you borrow money from a lender to pay for your expenses. Since you are borrowing money in the latter case, the lender will charge you interest if you fail to clear your debt in specified time.

Needless to mention, opting for a debit card seems like the smarter thing to do. You don’t have to worry about paying your dues and falling into an endless abyss of debts. However, if things were that simple, credit card companies wouldn’t be thriving. There are a plethora of reasons why you should get a credit card and if used responsibly, it can be an asset instead of a liability.

Building Your Credit

When you go to apply for a personal loan or home loan, the first thing that a lender will look at is your credit history and credit score. If you are fairly new to the world of credit, then it is quite likely that you will not have a credit history. As a result, lenders will be reluctant to sanction your loan because they do not know how apt you are at dealing with credit.

That’s why, credit cards serve as an efficient method of building a good credit history. A credit card is a boon if you use it to make purchases that you can afford to pay for in time. Not only does this boost your credit score, but it also teaches you how to handle credit responsibly.

As long as you clear your dues in a timely manner, lenders will no problem in increasing your credit limit and even approving big loans. This is why more and more millennials are choosing to apply for a credit card.

However, this is not possible with a debit card simply because there is no credit involved there.

Exciting Cashback and Reward Points

Credit card companies thrive on people who borrow from them. In order to attract new customers, these companies regularly come up with cashback and reward offers, pertaining to shopping, lifestyle, fine dining, travel, et cetera. In fact, many customers are not even aware that their credit card comes with these features!

Even though debit card companies are not far behind when it comes to such offers, the options here are not as comprehensive as those found with credit cards. For instance, if you are a frequent traveler, then you can opt for a miles card offered by almost all the major credit card companies.

These cards, if used wisely, can help you save a great deal of money in the long run.

Useful, When on a Vacation

Credit cards can make your traveling experience a whole lot better owing to their worldwide acceptance. Many car rental services and hotel chains prefer that their customers pay with a credit card. Similarly, when in a foreign land, it will be easier for you to use your credit card than your debit card. However, keep in mind that certain international transaction fees may be levied every time you make a purchase.

If you are planning a foreign trip and you don’t have a credit card, it is imperative that you apply for a card soon.

Speaking of Fees…

Credit card providers often charge a bevy of fees like annual fee, cash advance fee, balance transfer fee, finance charge, foreign transaction fee, et cetera. Therefore, it is advisable to read the fine print and understand these charges carefully before signing the credit card application.

This is one area where debit card comes out on top. Debit cards have a very little fee (in many cases, it’s zero!) which is why thrifty customers prefer to use a debit card. Although, debit cards lack the perks which are often found on credit cards.

Self-restraint is Important with Credit Cards

With debit cards, consumers tend to be quite frugal since the cards are linked directly to their savings account. With every deduction, they are losing money from their account – which, in turn, keeps them highly disciplined with their expenditures.

However, with credit cards, it is very easy to lose track of expenses and find yourself in a web of debts. The temptation of credit has proven to be a financial nightmare for many, which is why, it is important to be careful when using a credit card. This is the primary reason why many people prefer debit cards over credit cards – controlled spending.

The bottom line is, credit cards are useful when it comes to building a good credit history and boosting your credit score. This is important if you are looking to avail a loan at some point in your life. On the other hand, debit cards come in handy when you need to control your expenses. Depending on your lifestyle, you can choose between the two variants and decide which one is suitable for you.


Japan GDP: Natural disasters hit economic growth

Pedestrians crowd in the main shopping street in the Dotonbori district of Osaka on March 28, 2015 in Osaka, Japan. (Photo by Frédéric Soltan/Corbis via Getty Images)

The economy contracted by an annualised 1.2% between July and September, preliminary figures showed.

A devastating earthquake and typhoon were among the disasters to hit Japan this year, and prompted the bigger than expected contraction.

The slowdown also comes as the US and China fight a trade war which risks hurting global trade and growth.

Economists polled by Reuters had forecast a 1% contraction for the three months to September.

Exports fell 1.8% from the previous quarter, the fastest decline in more than three years, Reuters said.

Japan was hit by several natural disasters over its summer, including one of the country’s worst flooding disasters in decades, an earthquake and a deadly typhoon.

The disasters disrupted factories and hit domestic spending.

Rising trade tensions and protectionism could be a drag on future growth.

The US-China trade war could hit Japan particularly hard because of its important role in the global supply chain.