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Finance Minister Nirmala Sitharaman on Saturday announced a slew of measures aimed at boosting exports, including a new scheme to incentivise exporters and a higher insurance cover to banks lending for exports. Announcing easier rules for lending to priority sectors, Nirmala Sitharaman said the measures could lead to export credit rising by Rs 36,000 crore to Rs 68,000 crore. "The measures have been periodically formulated based on the inputs that we obtained during nationwide consultations that we are doing," said the Finance Minister. The steps to promote exports come at a time the government intends to more than triple the country's annual exports to $1 trillion in the next five years.

Finance Minister Nirmala Sitharaman said the industrial production growth has clearly improved till the end of July compared to the last quarter of financial year 2018-19.

SBI branches: State Bank of India (SBI) said the new branch is located in Diskit, Nubra Valley (District Leh). SBI said the branch is about 100 kilometres from Leh. SBI is the country's the largest commercial bank in terms of assets deposits and branches.

Bank strike 2019: Bank strike to lead to four-day bank holiday: The two-day strike will begin on the midnight of September 25. The unions have also mentioned an indefinite stir from the second week of November - to protest against the merger plan involving 10 nationalised banks.

Reliance Home Finance has been directed by lenders led by the lead bank to keep servicing only the interest obligation across all lenders.

CAIT also demanded a "blanket ban" on such sales and asked the government to probe the potential violation of FDI norms.

LSE shares rose on the news of the offer rejection and were trading up 3.3 per cent at at 7,486 pence at 1405 GMT.

Outstanding loans rose Rs 9 lakh crore to Rs 96.81 lakh crore in the two weeks ended August. 30.

Export sectors that recorded positive growth in the last month include iron ore, electronic goods, spices, and marine products.

The rupee surged for a seventh straight session on Friday to close at 70.92 per US dollar, up 22 paise, as softening crude oil prices and easing US-China trade tensions bolstered investor sentiment, news agency Press Trust of India reported. The gain in rupee was in-line with other Asian currencies which rose following signs of rapprochement between US and China over their trade dispute. US Treasury Secretary Steven Mnuchin on Thursday said that Washington wants to make ''meaningful progress'' in China trade talks.

The GST Council, headed by Union Finance Minister Nirmala Sitharaman and comprising representatives of all states and Union Territories (UTs), is scheduled to meet on September 20 in Goa amidst a clamour for a cut in tax rates from various industries to beat the slowdown in the economy.

Wholesale prices in India's largest onion trading hub, Lasalgaon in Maharashtra, have nearly doubled in a month to Rs 29,500 per tonne.

Local authorities barred AB InBev, the world's largest brewer, in July from selling its beer in the high profile New Delhi market for evading taxes.

A regulatory filing disclosed the Altico had defaulted on the gross principal amount of Rs 340 crore. The interest payment comes to Rs 19.97 crore.

The relief will be applicable to 35 pairs of Humsafar trains, which currently have only AC 3-tier classes, the official said.