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    Monday, September 2, 2019

    Why bank mergers cannot serve as silver bullets for India

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    THE ECONOMIC TIMES
    Mon, Sep 02, 2019 | 04:35 PM IST

    Daily Newsletter

    India manufacturing growth at 15-month low: PMI

    The survey comes after official figures showed India's economy grew at an annual rate of 5.0% last quarter.

    Fitch Solutions says GDP rebound will be slow

    India's real GDP growth slumped further in Q1 of FY2019/20 (April–March) to 5 per cent year-on-year....

    Why bank mergers cannot serve as silver bullets for India

    The announcement Friday of 5% GDP growth in the June quarter showed the economy growing at its weakest pace in six ye...

    Auto industry seeks urgent measures to arrest sales dip

    There is also an urgent need to come out with an integrated incentive-based scrappage policy, SIAM president said.

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    But companies don't have the capital to revive unused plants, and banks are not lending.
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    It may hurt India's bad loan clean-up and slow the lending approvals needed to reverse its economic slump....read more
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    Market Watch 2 Sep | 04:35PM|
    SENSEX NIFTY USD/INR GOLD
    37332.79
    263.86
    11023.25
    74.95
    71.41
    -0.37
    38655.0
    -148
    MARKET NEWS
    MFs raise exposure to 10 merged lenders in 2019

    The investments in the 10 banks stood at ₹7,664 crore at the end of the June quarter....

    26 stocks that outperformed Sensex for 3 years

    Investors seeking growth stocks to beat the current bear market can look into these....

    Gainers Losers 2 Sep, 2019, 04:35PM 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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    Unsolved riddles from IL&FS & the important lessons they hold

    IL&FS was deemed 'too big to fail' by many experts but eventually succumbed to greed and ambition....

    Flipkart, Amazon may face a repackaging challenge

    The government is thinking of ways to make ecommerce companies recycle the waste that they generate....

    India & Inc find new hit in PM's Swachh Bharat mission

    Nearly 5 years into Swachh Bharat initiative, 22.5% households now use toilet cleaners, compared with 10.4% in 2014, ...

    India's best equity MF managers of 2019

    Keeping a steady head in tough situations is a tough ask, but some fund managers have proved their mettle....

    RCom's lenders may be in for a rude shock

    53 lenders have raised claims of Rs 57,382 cr, of which Rs 49,223 cr had been verified by Deloitte....

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