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    Friday, August 30, 2019

    FM Nirmala Sitharaman unveils a mega bank merger plan

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    THE ECONOMIC TIMES
    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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    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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    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
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    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
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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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