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  Business   Economy  08 Aug 2018

Business, Economy, 08 Aug 2018

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

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

08 Aug 2018 7:32 PM

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.

08 Aug 2018 5:38 PM

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.

08 Aug 2018 5:29 PM

SBI plans to increase Yono user base to 250 million in 2 years

At present 2.5 million users are registered under Yono.

08 Aug 2018 4:56 PM

Strong Indian economy continues to lead global growth: IMF

IMF Executive Board has forecast India's growth to rise to 7.3 per cent in FY2018-19 and 7.5 per cent in FY2019-20.

08 Aug 2018 9:28 AM


IMF asks India to consider simpler GST rate structure

GST as presently designed has an effective tax rate rising with household consumption.

08 Aug 2018 9:21 AM

Tougher emission norms to hit diesel cars

Tata Motors to increase focus on petrol run vehicles, expand dealer network.

08 Aug 2018 12:41 AM

Rupee may dip to 70 per US dollar

Credit Suisse says oil price remains key factor; RBI may hike rates.

08 Aug 2018 12:27 AM

Import levy on textiles doubled

A notification to this effect was tabled by minister of state for finance Pon Radhakrishnan in the Lok Sabha.

08 Aug 2018 12:27 AM