MUMBAI, August 2 (Reuters): The Reserve Bank of India (RBI) is likely to cut rates next week for a fourth time in 2019 as benign inflation gives it room to help an economy that is growing at its slowest in near

BENGALURU, August 2 (Reuters): The State Bank of India (SBI) on Friday reported a smaller-than-expected profit of 23.12 billion rupees ($332.15 million) for the first quarter, hit by a tax expense even as bad l

NEW DELHI/MUMBAI, August 2 (Reuters): It may not be quite a bottomless pit but the Indian government’s repeated injections of funds into the nation’s state-owned banks can appear to be going into one. &n

New Delhi, August 2 (IANS): The government may be inclined for an out-of-court settlement in its dispute with banks over unpaid service tax dues to the tune of Rs 38,000 crore with officials indicating a more f

Mumbai, August 1 (IANS): Automobile major Tata Motors on Thursday reduced prices of its electric vehicle (EV) -- Tigor EV -- by up to Rs 80,000 on the back of the recent cut in GST rates of all electric-po

New Delhi, August 1 (IANS): OYO Hotels and Homes on Thursday announced the launch of a "Partner Privilege Program" for its over 10,000 asset owners across more than 300 cities in the country. The in

New Delhi, August 1 (IANS): Japanese consumer electronics brand Aiwa has made a comeback in India with a slew of new products in India. The latest range includes premium smart TVs, speakers and wireless he

New Delhi, August 1 (IANS): With average time taken to reach unicorn status in India coming down of late, the country is likely to have 54 tech unicorns by 2024, according to a report. Of this

New Delhi, August 1 (IANS): The Enforcement Directorate on Thursday said it has attached assets worth over Rs 480 crore of REI Agro Ltd, which claims to be the world's largest basmati rice processing firm,

New Delhi, July 31 (IANS): Compared to their global counterparts, Indian entrepreneurs and small business owners are more inclined towards building an online presence, says a survey by Internet names and r

  New Delhi, July 30 (IANS): Global rating agency Fitch on Monday said that a high price tag of $70 million per Mhz is a big deterrent for telcos like Airtel and Vodafone Idea to bid for 5G spectru

New Delhi, July 30 (IANS): Banning cryptocurrencies in India is not the solution as this would inhibit new applications and solutions from being deployed and would discourage tech startups, the IT industry

New Delhi, July 29 (AUTOCAR): After unveiling the Seltos on June 20, 2019 and subsequently commencing pre-bookings for the SUV on July 16, Kia Motors is set to take another major step towards its debut in the I

MUMBAI, July 29 (Reuters): Indian bond yields dropped sharply on Monday after the finance minister said the government won’t change its plan to issue sovereign bonds and that she hopes the Reserve Bank of Ind

New Delhi, July 29 (IANS): In a move to cut costs further amid financial difficulties, state-run telecom major BSNL has asked all its officers to fly by economy class on both domestic and international air trav

San Francisco, July 29 (IANS): Apple analyst Ming-Chi Kuo has told investors that all three iPhone models slated for release next year would support 5G technology.   Kuo said earlier that the next

New Delhi, July 29 (Reuters): India’s renewable energy cost is the lowest in the Asia Pacific, consultancy Wood Mackenzie said on Monday.   India’s levelised cost of electricity (LCOE) using so

Mumbai, July 29 (IANS): Vodafone Idea shares on Monday fell to its all-time low level over sudden revenue deterioration reported in its quarterly results, reflecting the stress in the Indian telecom sector.

San Francisco, July 26 (IANS): Google is working towards making privacy controls more easily accessible, expanding its incognito mode to maps and adding new auto delete controls, the company’s CEO Sundar Pich

MUMBAI, July 26 (Reuters): The credit flow to India’s non-banking finance companies (NBFCs) should gather pace soon, Reserve Bank of India Governor Shaktikanta Das told the Business Standard daily in an inter