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The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

SBI cuts interest rates on fixed deposits up to 0.5 per cent

The bank has slashed the interest rate for the fixed deposits with maturity of 7-45 days to 4.5 per cent from existing 5...

23 Aug 2019 3:08 PM IST

The stance of countrys first family in not listening to SCs order on Rafale deal case petition can be termed as, with due respect, amazing audacity, Defence Minister Nirmala Sitharaman said. (Photo: ANI)

Prepare for new challenges, protect Indian cos from abuse by global...

FM Nirmala Sitharaman flagged the issue of competition sans frontiers and at times, its adverse impact on Indian...

23 Aug 2019 3:04 PM IST

WagonR is the companys third model to achieve the feat after Maruti 800 and Alto.

Maruti recalls 40,618 units of WagonR to rectify fuel hose system

Recall campaigns are undertaken globally to rectify faults that may be potential safety defects.

23 Aug 2019 1:47 PM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

Stocks recover from early sharp losses; Yes Bank, IT shares lead...

The Sensex was trading higher by 20.06 points or 0.05 per cent at 36,492.99 points in the afternoon session.

23 Aug 2019 1:40 PM IST

Godrej Group chairman Adi Godrej

India Inc grows impatient as economy dips and Modi is distracted

FPIs seeking a tax cut and automakers demanding easier access to finance for dealers and buyers flocked to lobby FM...

23 Aug 2019 1:25 PM IST

On the domestic front, Air India is introducing new flights on BhopalPuneBhopal route and Varanasi-Chennai-Varanasi from June 5, 2019.

Air India owes Rs 4,500 cr in fuel dues; hasn't paid in 200 days: Oil...

Air India offered to pay Rs 60 crore which is a drop in the ocean of what oil marketing companies owe.

23 Aug 2019 1:24 PM IST

Russian Prime Minister Dmitry Medvedev (FIle Photo)

Russian PM inaugurates global skill competition in Kazan

More than 1,300 competitors from over 60 countries and regions, including a 48-member Indian team, are participating.

23 Aug 2019 12:50 PM IST

Amazon declined to put a price tag on the program, called Amazon Future Engineer, but said it will take up a big chunk of the USD 50 million that it committed to spend on computer science education last year.(AP Photo/Richard Vogel, File)

Amazon to buy 49 per cent stake in Future Retail promoter firm

Amazon will make an equity investment in a promoter group firm Future Coupons for a 49 per cent stake.

23 Aug 2019 12:42 PM IST

Infosys co-founder Narayana Murthy (Photo: PTI)

India's fiscal scene has never been better in 300 years: Narayana...

According to the Forbes magazine, the number of billionaires in India is increasing.

23 Aug 2019 11:36 AM IST

Niti Aayogs new Vice-Chairman Rajiv Kumar.(Photo: PTI)

'Unprecedented' situation in financial sector: NITI Aayog Vice...

GDP growth is set to slow further in April-June quarter of this year to 5.7 pc amid contraction in consumption, weak...

23 Aug 2019 10:45 AM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

Sensex, Nifty decline on fading hopes of stimulus package

The 30-share index dropped 345.55 points or 0.95 per cent to 36,127.38 in early session with 19 of its constituents...

23 Aug 2019 10:04 AM IST

The rupee fell against the dollar as the greenback strengthened post Fridays upbeat US non-farm payroll data.

Rupee falls below 72 mark against US dollar on fund outflows

The rupee fell by 22 paise to trade at a nine-month low of 72.03 against the US dollar in early session.

23 Aug 2019 9:47 AM IST