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Friday, August 30, 2019

FM Nirmala Sitharaman unveils a mega bank merger plan

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Fri, Aug 30, 2019 | 06:00 PM IST

Daily Newsletter

FM Nirmala Sitharaman unveils a mega bank merger plan

Finance Minister announced amalgamation of ten public sector banks into four big banks.

Slowdown gets real as India's GDP growth slows to over 6-year low

The biggest laggard was Manufacturing' sector, which saw a tepid growth of 0.6 percent....

Modi's $5 trillion GDP goal hits a hurdle: Debt at road builder

Road construction costs are shooting up. Road infrastructure has become financially unviable....

7 changes in income tax laws from Sept 1

Here is the list of the seven main changes in tax laws that will come into effect from September 1.

India's race for facial recognition
India is in a rush to use facial recognition, but the data-protection bill is pending.
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Can packaging become a full-scale data carrier & digital tool? Tetra Pak thinks so
The future is now and it is digital!
FEATURED STORIES
India's new banking math after mega mergers India's new banking math after mega mergers
Finance Minister Nirmala Sitharaman today announced four mega-mergers, comprising of 10 PSB banks. ...read more
How Sitharaman's GenNext PSBs affect you » 
An army of women could be behind your next iPhone » 
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Phone bank scams you should avoid falling for

The Internet can be a dangerous place. This is mostly due to scammers, who try to steal your money by getting hold of your personal data.

Confidence and sentiment have clearly improved in the last couple of weeks in economy Confidence and sentiment have clearly improved in the last couple of weeks in economy ...
Rashesh Shah, Chairman & CEO, Edelweiss Group
Market Watch 30 Aug | 06:00PM|
SENSEX NIFTY USD/INR GOLD
37332.79
263.86
11023.25
74.95
71.41
-0.37
38797.00
-6.00
MARKET NEWS
A Rs 7.5 lakh bet in this stock made many crorepatis in 5 years

The company has delivered strong operational performance during challenging times....

How a polarised market turned Ulips, equity funds out and out laggards

The broader market and several sectors have significantly underperformed. ...

Gainers Losers 30 Aug, 2019, 06:00PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Vodafone Idea 5.37 10.04 11088976 5.45 4.9
United Bank of India 10.42 10.03 60730 10.49 9.47
Essel Propack 107.15 9.95 16614 107.15 99.0
METROPOLIS 1162.20 8.90 7175 1175.0 1069.5
Oriental Bank of Commerce 73.50 8.25 246292 74.2 66.95
MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
FEATURED SLIDESHOW
Will global investors come to economy's rescue?
Will global investors come to economy's rescue?
Micromax founder's new offering: Electric bikes
Micromax founder's new offering: Electric bikes
Italy's Stromboli volcano erupts, sparking huge ash cloud
Italy's Stromboli volcano erupts, sparking huge ash cloud
Amazon to offer help for customers who search about suicide
Amazon to offer help for customers who search about suicide
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FROM THE NEWSPAPER
For retail chains, a fraught festive season arrives

The end-of-season sales have flopped. Cos are in a mad dash to revive footfalls and festive spending....

Lenders set in motion the great DHFL reset

DHFL's lenders will transfer Rs 30,000-32,000 cr of its Rs 42,000 cr wholesale loans outstanding to SPVs....

Study without paying a fee, pay back when you get a job

Income share agreement is an innovative education financing model that has huge potential in India....

Carmakers brace for a race against time

Such drives by carmakers have been used in the past as well, but the intensity has never been this fervent....

TV, print ad volumes picking up as festive season nears

The ad volumes for both television and print media were up by 10% and 8%, respectively, as per the latest data....

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How to ace festive dressing the Tarun Tahiliani way: Choose pastels, pair your lehenga with a Tee
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