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The belief is this would force departments to show efficiency and necessity for funds.

Q1 fund raising via debt placement up 28 per cent at Rs 1.72 lakh...

Individually, firms raised Rs 63,819 crore in April, Rs 33,389 crore in May and another Rs 75,337 crore in June.

7 July 2017 1:47 PM IST

All your credit card use reflects in your credit history which is shared by card and loan companies with credit rating agencies such as Cibil and Experian.

RBI's bid to protect consumers: here's your way to safe e-banking

Here is what you should know when you notice unauthorised transactions from your account.

7 July 2017 1:27 PM IST

The police seized the Mercedes, they are taking the help of the Regional Transport Office (RTO) to track down its owner and the driver. (Representational Image)

Mercedes Benz India reports record sales in June quarter

Company sold record 7,171 units, a growth of 8.7 per cent over 6,597 units sold in the same period of last year.

7 July 2017 1:15 PM IST

The hacked data was from people who had sought work with McDonalds Canada since March 2014, and the company said it has launched an investigation into the hack (Photo: AFP)

'43 McDonald's outlets ran without valid licence since April'

Closed outlets are unlikely to open any time soon as Bakshi has refused to sign the licensing documents.

7 July 2017 12:25 PM IST

Nissan said it plans to bring the device to other countries eventually and install it in 30 per cent of the 40 million Nissan vehicles that are on the roads at present.

Nissan slashes car prices by 3 per cent to pass on GST benefit

GST, is expected to benefit all the stakeholders as it will lower the cost of goods and services.

7 July 2017 11:50 AM IST

The decline in January is 43 per cent from the gold imported in the corresponding month in 2016.

Gold prices slump by Rs 98 amid weak global trends

Gold prices in global market retreated as much as 0.39 per cent to USD 1,220.20 an ounce in Singapore.

7 July 2017 11:17 AM IST

Prime Minister Narendra Modi with Israeli PM Benjamin Netanyahu at Olga Beach in Haifa, Israel, on Thursday. Mr Netanyahu gifted Mr Modi a signed picture of them strolling barefoot together at the beach with a message hailing their friendship. (Photo: PTI)

India, Israel launch Rs 260-crore innovation fund

Each country will allocate Rs 26 crore a year over a five-year period for fund's activities.

7 July 2017 10:53 AM IST

Another option is that the Centre allows Air India to remain a national carrier by controlling at least 51 per cent stake.

IndiGo interested in Air India's international arm

Last month, Union Cabinet gave an in-principle nod to disinvestment of Air India and IndiGo expressed interest in buying...

7 July 2017 10:51 AM IST

Stocks of IT companies saw selling as the rupee continued to strengthen, which dragged down the Sensex.

Sensex slips from record; FMCG, banking weigh

The 30-share index, which had closed at a record high of 31,369.34 yesterday.

7 July 2017 10:50 AM IST

Rupee climbs up 5 paise against US dollar

Yesterday, rupee ended steady at 64.78 in a range-bound trade amid concerns over a possible interest rate hike.

7 July 2017 10:24 AM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Report bank fraud in 3 days, suffer no losses: RBI

RBI said revised directions are being issued amidst recent surge in customer grievances due to fraudulent transactions,

7 July 2017 10:06 AM IST

Tata Motors loss after tax widened to Rs 1,046 crore in the third quarter of 2016-17, from Rs 137 crore a year ago.

Tata Motors slashes prices of CV

The company announced that it has decided to pass on the entire benefit to customers in the ex-showroom prices ,...

7 July 2017 1:18 AM IST