Third-largest bank in the making

The move to merge Bank of Baroda, Vijaya Bank and Dena Bank will create the third largest lender in the country behind the State Bank of India and ICICI Bank.
Our Special Correspondent Sep 18, 2018 00:00 IST

Pep pill fails to enthuse rupee

The rupee floundered yet again on Monday after a two-day break, plunging 66 paise to 72.51 against the dollar as the government's confidence building measures announced over the weekend to curb the currency volatility fell short of expectations.
Our Special Correspondent Sep 18, 2018 00:00 IST

Stocks take a deep plunge

The BSE benchmark Sensex on Monday crashed over 500 points to slip below 38000, snapping its two sessions of gains as the measures to stem the rupee's decline failed to boost investor sentiment.
Our Special Correspondent Sep 18, 2018 00:00 IST

Non-essential import list in the works

The government is likely to announce a list of non-essential items for higher import curbs later this week as part of the measures to check the widening current account deficit and stem the fall in the rupee.
Our Special Correspondent Sep 18, 2018 00:00 IST

VW recalls three models

German car maker Volkswagen is recalling an unspecified number of the Polo GT, Vento and the Jetta models in India manufactured between April 1, 2015 and March 31, 2017.
Sep 18, 2018 00:00 IST

IPO price band leeway

Market regulator Sebi has relaxed the initial public offer (IPO) norms to allow companies to announce the price band two days before an offering.
Sep 18, 2018 00:00 IST

City gas list

Oil regulator PNGRB on Monday declared the winners of city gas retailing licences, with the Gautam Adani group, state-owned Indian Oil Corp (IOC) and Bharat Petroleum Corp Ltd (BPCL) topping the list.
Our Special Correspondent Sep 18, 2018 00:00 IST

Clarity call on digital privacy

Niti Aayog member Bibek Debroy on Monday called for clarity on issues ranging from individual privacy to legal frameworks.
A Staff Reporter Sep 18, 2018 00:00 IST

Suspense stays over rupee course

Analysts are sceptical of the measures announced by the Narendra Modi-government on Friday to check the slide in the rupee and rein in the current account deficit (CAD) and they fear the currency could again find itself exposed to the vagaries of the world markets after a two-day rally that saw the rupee gain 85 paise against the dollar.
Our Special Correspondent Sep 17, 2018 00:00 IST

Fuel in GST a long shot

The flare-up in the prices of petrol and diesel has raised the demand for bringing the fuels under the goods and services tax to provide relief to consumers. However, analysts said the prices are unlikely to come down as a result of this measure.
R. Suryamurthy Sep 17, 2018 00:00 IST

Honda feels currency heat

Honda Cars India Ltd (HCIL) may raise the prices of its vehicles for the second time this quarter if the rupee does not stabilise.
Anasuya Basu Sep 17, 2018 00:00 IST


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