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The stock markets will be steered by RBI policy, macroeconomic data points and global trends this week, say experts.

Reserve Bank to pay Rs 50,000 crore dividend to govt for FY18

The RBI made a dividend payout of Rs 30,659 crore for the financial year ended June 2017.

9 Aug 2018 8:51 AM IST

Traders body CAIT demanded scrutiny of the proposed $12-billion Flipkart-Walmart deal.

CCI clears Walmart's USD 16 billion acquisition of Flipkart

Walmart-Flipkart combination would create unfair competition and drive local convenience stores out of business.

9 Aug 2018 8:30 AM IST

Swedish home furnishings major IKEA will also have an online channel for its customers. (Photo: AFP)

Ikea bets India to be one of top sourcing nations

Despite the long history, India, which supplies almost a fifth of Ikea's global goods, lags behind China, Poland and...

9 Aug 2018 6:35 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

IMF suggests RBI to tighten policy further

IMF underlined that high foreign reserve buffers and strong FDI inflows have helped contain external vulnerabilities.

9 Aug 2018 6:28 AM IST

Punjab National Bank today said money of customers is safe and asserted that there would be zero tolerance towards unethical practices.

PNB in talks with I-T, excise departments to sell erstwhile...

The lender expects to raise nearly Rs 700-800 crore from the sale of its earlier head office in the national capital.

8 Aug 2018 7:32 PM IST

As per estimates, only 5 per cent Indians use digital payment modes.

Digital payment transactions rose to over 2,070 cr in 2017-18:...

Digital Payment transaction targets have been allocated to public and private sector banks for 2018-19.

8 Aug 2018 6:46 PM IST

Union Minister Manoj Sinha (Photo: PTI)

Direction to block over 11,000 websites issued since Jan 2016: Sinha

Internet service providers implement blocking or filtering of websites.

8 Aug 2018 6:40 PM IST

The government on Monday said it will still want to see if IndiGo bids for Air India.

IndiGo announces 24 new flights from September

The announcement was made even as the airline has grounded six of its A320 neo aircraft since July due to Pratt &...

8 Aug 2018 6:18 PM IST

Indian Oil Corp Ltd reported a nearly 18 per cent rise in second-quarter profit.

Indian Oil Corp signs up US crude in first ever term-tender deal

The sanctions, which would come into force from November 4, are likely to block current payment routes used to pay for...

8 Aug 2018 6:06 PM IST

The government is considering a proposal of the parliamentary panel on information technology to call postman as postperson for the sake of gender neutrality. (Photo courtesy: ippbonline)

Proposal under consideration to call 'postman' as 'postperson'

The committee agreed that word 'dakia' is gender neutral but said it is a Hindi vocabulary.

8 Aug 2018 5:57 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI Bank gets govt nod for acquisition by LIC

Post the transaction, IDBI Bank would become a subsidiary of LIC, which will have 51 per cent stake in it.

8 Aug 2018 5:38 PM IST

Stock of Axis Bank closed 2.56 per cent down at Rs 444.60 on BSE.

Axis Bank likely to add 350-400 branches in current fiscal

In Telangana, the country's third largest private sector bank, currently has 123 branches and 731 ATMs.

8 Aug 2018 5:29 PM IST