Business News – Markets stories and financial news from Sky Sky News. Once again, I wish to be part of my fellow Indians in congratulating our Prime Minister for this historic determination that implements his vision of Digital India and lays a powerful foundation for the Indian economic system,” Ambani added. LONDON:Oil prices jumped more than 8 per cent on Wednesday to a five-week high as a number of the world’s largest oil producers agreed to curb output for the first time since 2008 in a last-ditch bid to assist prices.\n\nNew Delhi: Solar tariff has fallen to an all-time low of Rs 3 per unit, which was quoted by Amplus Vitality Solutions in an auction for rooftop solar power performed by the Solar Vitality Corporation of India (SECI). New Delhi: The Competition Commission of India (CCI) has permitted the merger of Bharatiya Mahila Bank with the country’s largest lender State Bank of India.\n\nIn August, the SBI board cleared the merger of Bharatiya Mahila Bank Ltd (BMBL) and that of five associate lenders with itself. NEW DELHI: The Indian economic system grew at 7.3 per cent in the September quarter of current fiscal, up from 7.1 per cent in the previous three months, mainly on improved performance of manufacturing, companies and trade sectors.\n\nBIG APPLE: Four India-born CEOs, including Satya Nadella and Ajay Banga, who delivered massive in taking their firms ahead, have featured in Fortune’s Businessperson of the 12 months record. SEOUL:Samsung Electronics at present mentioned it was considering splitting the company into two as it faces growing stress to overhaul its governance during a vital power transfer in high management.\n\nNEW DELHI:Public sector banks have seen an increase of practically Rs 80,000 crore in gross non-performing property (NPAs) in the three months ended September 2016. LONDON: – The pact allows it to begin exclusive talks for potential sale of its Speciality Steels business for an enterprise value of a hundred million pounds.