Newsmakers: PM Modi meets Angela Merkel, Jet Airways fare cut and more

Bharti Airtel may cut data prices by 25% next fiscal: Goldman Sachs
Bharti Airtel may cut data prices by 25 per cent in the next financial year as a result of Reliance Jio launching services, a report by Goldman Sachs said. The report by global financial firm though said Bharti Airtel remains well placed even following Jio's launch as it can offer 4G data services on similar spectrum as Jio while having a better 2G/3G fall back.

PM Narendra Modi agrees to fast-track German business deals
India and Germany signed a deal on Monday to fast-track business approvals, an arrangement to make it easier for German companies to operate in India that was announced as Chancellor Angela Merkel visited New Delhi. The fast-track approvals process will ensure that German firms will have a single point of contact in the Indian administration, helping them to navigate a web of red tape that often thwarts business initiative

HDFC cuts base rate by 25 bps
Housing finance firm HDFC cut its base rate by 25 bps on Monday. The firm's new base rate stands at 9.65 per cent effective October 6. The rate cut is applicable on both new and existing customers.

Jet Airways offers 30% discount on overseas routes
Jet Airways is offering up to 30 per cent discount on base fare in premiere and economy class from India to international destinations. Under the 'Super Sale', tickets must be purchased between October 5, 2015 and October 10, 2015.

SBI to charge up to 10 per cent for home loans
SBI may have cut its base lending rate by 40 basis points to 9.3 per cent following RBI 's latest policy rate cut, but home loan customers of the top lender will have to pay up to 0.7 per cent above the base rate, and interest of as much as 10 per cent for their loans.