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#Gold Slips To Lowest In Nearly 8 Weeks, Hit By US Rate Hike Outlook

Bengaluru: Gold dipped to its lowest in almost eight weeks on Friday and was heading for its biggest weekly decline in nine, with positive economic data boosting expectations that U.S. interest rates will rise in the next two months. The safe-haven asset was also weighed down by Asian stocks that drifted upwards on Friday and as the dollar…
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SBI Associate banks propose merger with parent SBI

After over five years of hiatus, associate banks of SBI including State Bank of Bikaner and Jaipur have proposed to merger with the parent lender. The respective boards have proposed merger with the State Bank of India (SBI) in a meeting ,…