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Top Stories Of The Day: Investment in Public Sector Banks, Placement In IITs, DigiLocker And More

A look at the top business news headlines of July 18, 2018. (1) The government will inject ?11,300 crore into five public sector banks to provide them capital support. (2) New IITs are seeing their best placement season ever. IITs in Gandhinagar, Mandi, Hyderabad, Bhubaneswar and Ropar have already placed 90-99% students this year. (3) Fewer aircraft came on collision course in Indian skies last year. (4) A rising number of Indians are migrating to industrialised economies other than the US and the UK.

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