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SBI launches $1 billion stressed assets fund with Brookfield AMC

Brookfield will commit around Rs 7,000 crore and State Bank of India up to 5 per cent of the total investments into...

20 July 2016 2:58 PM IST

M&M launches new mild hybrid Scorpio priced upto Rs 14 lakh

The new version is equipped with 'Intelli-Hybrid' technology that helps reduce fuel consumption by up to 7 per cent.

20 July 2016 2:50 PM IST

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Centre asks states to lower stamp duty for affordable housing

The stamp duty was originally collected to maintain the registers, now it has become a source of revenue.

20 July 2016 12:59 PM IST

The GST should help to create One India by eliminating geographical fragmentation.

'GST positive for long term growth, implementation from April'

GST is a game changing indirect tax reform and its implementation would have a positive for growth in the long term.

20 July 2016 12:29 PM IST

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Gold futures decline by 0.20 per cent on global cues

Gold is trading at Rs 31,446 per 10 grams.

20 July 2016 11:49 AM IST

FICCI calls for Free Trade Agreements with EU and UK

India today is a very strong and important economy that other countries want to associate with.

20 July 2016 11:45 AM IST

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Gold holds firm as equity rally loses steam

Spot gold was up 0.1 per cent at $1,332.81 an ounce at 0334 GMT. It closed at $1,331.73 on Tuesday.

20 July 2016 11:08 AM IST

Cloud business boosts Microsoft's quarterly revenue, shares rise

Overall, Microsoft posted revenue for its fiscal fourth quarter ended June 30, adjusted for some one-time items, of...

20 July 2016 8:04 AM IST

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Asia sags after Wall Street loses steam, dollar clings to gains

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 0.2 per cent.

20 July 2016 7:55 AM IST

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Crude oil futures rise after U.S stockpiles fall

Brent crude LCOc1 was up 13 cents at $46.79 a barrel at 0017 GMT. On Tuesday, the contract settled down 30 cents, or 0.6...

20 July 2016 7:47 AM IST

State Bank of India (Representational image)

Banks get Rs 22,915-crore lifeline from centre

Funds will boost the badly needed capital of PSU banks.

20 July 2016 2:55 AM IST

ICRA has revised downwards its 2016 gold demand growth estimate to 3%.

Jewellery demand likely to remain subdued

Price volatility has kept away investors from gold; rural demand may rise in medium term.

20 July 2016 2:55 AM IST