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For one, three and six months as well as one, three and five years, the new MCLRs have been revised down by 0.10 per cent each.

PNB revises down MCLR by 0.10-0.15 pc from today

The new MCLR for one-year tenure is 8.35 per cent and for three years, 8.50 per cent.

1 May 2017 4:24 PM IST

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Cairn Energy accuses senior finance ministry official

The company said official advised Anil Agarwal to withhold its dividend income .

1 May 2017 4:20 PM IST

Board members and trustees are also aware that in the case of AirAsia, ethical concerns have been raised with respect to certain transactions as well as overall prevailing culture within the organisation.

AirAsia India's passenger traffic up by 57 pc in Jan-March

AirAsia India flew 8.4 lakh passengers in the January-March quarter.

1 May 2017 4:01 PM IST

Finance Minister Arun Jaitley

Govt to meet 3.5 pc fiscal deficit target for FY17: CGA

Finance Minister Arun Jaitley in Budget had set fiscal deficit target at 3.5 per cent for FY17.

1 May 2017 3:59 PM IST

At the Multi Commodity Exchange, gold for delivery in far-month June rose by Rs 145, or 0.49 per cent, to Rs 29,626 per 10 gram

Gold gives up Rs 100, but silver covers up

Globally, gold fell by 0.41 per cent to USD 1,262.50 an ounce in Singapore.

1 May 2017 3:05 PM IST

Telecom Regulatory Authority of India

Trai starts process for framing rules for network testing

The incumbent telecom operators have expressed concerns that enrolment of subscribers and provision of service free of...

1 May 2017 2:58 PM IST

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Hyundai India reports increase in car sales

Domestic sales were up 5.68 per cent at 44,758 units during the month, as against 42,351 units in the year-ago period.

1 May 2017 2:16 PM IST

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How new Real Estate Act makes home buyer a king

Govt has described implementation of consumer-centric act as beginning of an era where consumer is king.

1 May 2017 1:33 PM IST

GM was the top-selling automaker for more than seven decades until Toyota surpassed it in 2008.

Toyota Kirloskar sales surge 48 per cent to 14,057 units in Apr

Domestic sales grew 51.81 per cent to 12,948 units as against 8,529 units in April last year.

1 May 2017 1:22 PM IST

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RERA to boost housing demand, protect buyers, say realty cos

Developers expect housing demand to recover with the implementation of the real estate law from today

1 May 2017 12:54 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI reduces term deposit rates by up to 50 bps

SBI will offer a rate of 6.25 per cent as compared to 6.75 per cent earlier

1 May 2017 12:27 PM IST

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Maruti Suzuki India post jump in car sales

The company said sales in the compact segment increased 39.1 per cent to 6,35,84 units in April.

1 May 2017 12:25 PM IST