Government clears proposal on bank consolidation, sets up ministerial panel

The consolidation process will lead to formation of bigger banks aimed at reviving credit growth and overcome capital constraints

Sensex edges up, trades dull on lack of triggers
Russia's Rosneft closes deal to buy 49 per cent stake in India's Essar Oil
After Vishal Sikka quits, Sensex ends lower but BSE, NSE post weekly gain
Sensex falls as Infosys CEO resigns
Wall Street tumbles on Spain terror, Trump policy worries
Japan's exports rise in July, underpin strengthening economy
Gold edges up after gaining on softer dollar
Sensex posts biggest single-day gain in over one month