Cabinet OKs PSU bank merger; PNB, Bank of India, SBI shares surge as consolidation inches ahead

Cabinet OKs PSU bank merger; PNB, Bank of India, SBI shares surge as consolidation inches ahead

The Union Cabinet has reportedly given an in-principle approval for merger of PSU banks, paving the way for the government’s ambitious plan for consolidation among state-run lenders to help them gain efficiency and scale.

RBI to introduce Rs 200 currency note in less than two weeks for first time in history
RBI to introduce Rs 200 currency note in less than two weeks for first time in history

Reserve Bank of India (RBI) is set to introduce Rs 200 currency notes for the first time in history. These notes can be introduced within next two weeks.

Use your voice to shop online! How Walmart, Google are taking on Amazon and making it possible
Use your voice to shop online! How Walmart, Google are taking on Amazon and making it possible

Walmart has decided to take on its online rival Amazon with help from Google. When it comes to shopping, Walmart has been battling it out with Amazon for a long time now.

AIADMK merger LIVE updates: Protests outside Windflower resort in Puducherry where MLAs supporting TTV Dhinakaran are lodged
AIADMK merger LIVE updates: Protests outside Windflower resort in Puducherry where MLAs supporting TTV Dhinakaran are lodged

AIADMK merger LIVE updates: Just when it looked like that political crisis in Tamil Nadu might finally be over after the merger of the two warring factions of the All India Anna Dravida Munnetra Kazhagam (AIADMK), a new problem arose when 19 legislators, owing allegiance to former deputy general secretary T.T.V. Dhinakaran, met Governor Vidyasagar Rao and withdrew support to the Chief Minister.

Infosys Co-Founder Narayana Murthy is 'extremely anguished'; while the board takes 'great umbrage'
Infosys Co-Founder Narayana Murthy is 'extremely anguished'; while the board takes 'great umbrage'

A lot has transpired between the baord and the veteran Co-Founder of Infosys. Murthy had termed the board's response as "baseless insinuations".

Sadhvi rape case: Dera followers collecting petrol, stones, weapons ahead of verdict on Gurmeet Ram Rahim?
Sadhvi rape case: Dera followers collecting petrol, stones, weapons ahead of verdict on Gurmeet Ram Rahim?

This is a big warning as a special CBI court in Panchkula will pronounce its verdict in a sexual exploitation case against Dera Sacha Sauda chief Gurmeet Ram Rahim Singh on August 25.

Horoscope: By Peter Vidal

Today ( 23 Aug )This Week ( 20 Aug - 26 Aug )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more

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