Business

DAINIK NATION BUREAU All those account holders of the erstwhile banks which were merged with State Bank of India (SBI) have to get cheque books bearing the new IFSC code by December 31, 2017. The earlier deadline set by SBI was September 30, 2017. New cheque books The account holders of banks such as Bharatiya Mahila Bank, State Bank of ...

Shrugging off the temporary setbacks from demonetisation and the introduction of the Goods and Services Tax (GST), India’s economy has still caught up with that of France and the UK and will have overtaken them both to become the world’s fifth largest economy in dollar terms in 2018, a new report said today. According to statistics produced by Centre for ...

State-owned Bharat Sanchar Nigam Ltd (BSNL) is set to launch its 4G services from Kerala next month, followed by Odisha, a top company official said. The telecom corporation hopes that the ensuing 4G launch on Long Term Evolution route (a standard for high-speed wireless communication) will enable its mobile customers to enjoy faster data speeds and improve its user experience. ...

DAINIK NATION BUREAU Reliance Jio has added two new plans to its portfolio. The new Jio 199 and Jio 299 plans – being dubbed Happy New Year 2018 plans by the telco – aim to offer daily data benefits to those with limited budgets. Apart from daily data benefits, the two new plans come with free voice calling, national roaming, ...

Buoyed by the BJP’s electoral success in Gujarat and Himachal Pradesh, the Sensex on Tuesday rallied 143 points as it moved closer to an all-time high. Firm Asian stocks on bets that US tax reforms Bill will go through supported the uptrend. The NSE Nifty wrested control of the crucial 10,400-mark. In the sectoral space, all indices were up, driven ...

Government of India, in consultation with the Reserve Bank of India, had floated Series III of Sovereign Gold Bonds 2017-18, for a period from October 09, 2017 to December 27, 2017 (with subscription period Monday to Wednesday every week). The Bonds will be issued on the succeeding Monday after each subscription period. For the next subscription period i.e. December 18-20, ...

After its merger with its five associate banks, India’s largest public sector lender State Bank of India (SBI) has now changed the names and Indian Financial System Codes (IFSC) of its branches across major cities. The cities are Mumbai, New Delhi, Bengaluru, Chennai, Hyderabad, Kolkata and Lucknow and others. How to find SBI branch IFSC code According to the SBI ...

Disinvestment-bound Air India is seeking loan worth over Rs 1,100 crore for modification of two Boeing aircraft scheduled to be acquired next month for ferrying VVIPs, according to an official document. The two Boeing 777-300 ER aircraft are to be delivered in January 2018 and the cost for “modification in its (planes) interior configuration” is estimated to be USD 180 ...

DAINIK NATION BUREAU The Reserve Bank of India (RBI)  kept repo or key lending rate unchanged at 6 per cent amid inflation concerns. This was announced by RBI while disclosing the monetary policy committee report public today. The central bank reiterated that it is maintaining a “neutral” stance in monetary policy. Five members of the monetary policy committee voted to ...

Benchmark Nifty trimmed losses during fag-end trade to close marginally lower today following selling in metal, realty, IT, auto and infra stocks. Investors maintained their cautious stance ahead of RBI policy decision tomorrow. Negative global cues and weak Nikkei India services PMI data also weighed on sentiment. However, buying in media, energy, banking and financials sectors capped the losses. Overseas, ...