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Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

Finance Ministry writes to heads of PSU banks on consolidation

The government has exempted mergers of nationalised banks from seeking fair trade watchdog CCI's approval.

3 Sept 2017 1:38 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Lending rate cuts key to economic revival: BofAML

The rate cut was the first in 10 months and brought policy rates to a near 7-year low.

3 Sept 2017 11:33 AM IST

Rupee is currently trading at 63.63 against 66.93 to a dollar in August, 2016.

Rupee ends on a slightly higher note

The local unit reclaimed fresh three-week high of 63.85 on sustained dollar unwinding.

2 Sept 2017 6:34 PM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Markets post 3rd weekly gain, brave geopolitical tensions

Sensex closed by rising 296.17 points to close at 31,892.23, while Nifty settled above the key 9,900-level.

2 Sept 2017 2:13 PM IST

Dr Reddys is recalling 5,904 bottles of Olanzapine 30-count bottles from the market. Aurobindo is recalling Pantoprazole Sodium for Injection, 40mg per vial, single-dose of 29,800 vials under Class-III classification.

Shares of Dr Reddy's zoom 10 per cent; mcap expands by Rs 3,256 crore

The stock surged 9.75 per cent to settle at Rs 2,217.35 on BSE.

1 Sept 2017 5:32 PM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Sensex firms up 162 points on F&O, RBI rate cut hope

Dr Reddy's topped the gainers list by climbing 9.75 per cent to Rs 2,217.35.

1 Sept 2017 4:21 PM IST

Bullion traders said at overseas market gold rallied to highest level this year. (Photo: Representational/AFP)

Gold rallies on global cues, silver tops Rs 41,000-mark

Gold of 99.9 per cent and 99.5 per cent purity climbed by Rs 150 each to Rs 30,200 and Rs 30,050 per ten gram.

1 Sept 2017 2:39 PM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

Rupee weakens 4 paise against US dollar to 63.94

On Thursday, the rupee had closed at 63.90 against the American currency.

1 Sept 2017 10:43 AM IST

Sound monitoring app measures noise levels at different surroundings.

Let your smartphone help curb sound pollution

Some mobile apps let you measure and block sound pollution.

24 Oct 2016 8:58 AM IST

Bonds, ETFs or MF give you value of gold without security issue.

Alternative to gold buy

This Diwali, buying physical gold may not be the only option as paper gold is a better alternative.

18 Oct 2016 6:37 AM IST

25% of market value of benami property will be levied as fine apart from jail term and seizure.

Benami law helps property buyers

Benami law lets realtors, banks, and buyers can do real estate deals without any doubt about legality.

27 Sept 2016 6:01 AM IST

Twitter an awkward child as it turns 10

As Twitter marks its 10th birthday on Monday, it is somewhat of an awkward child — having become a powerful...

19 March 2016 6:41 AM IST