Economy

Country's largest lender State Bank of India has announced the reduction in its marginal cost of fund based lending rate (MCLR) by 10 basis points across all one-year products. It will be…

Soma Roy Burman today took charge as the new Controller General of Accounts, CGA. She is the 24th CGA and the seventh woman to hold this coveted position. She took over from J P S…

Reliance Communications Chairman Anil Ambani along with four directors have resigned from the company, which is going through the insolvency process. According to a regulatory filing,…

Wholesale prices based inflation eased further to 0.16 per cent in October, as against 0.33 per cent in September. Government data showed subdued prices of non-food articles and fall…

State Bank of India has lowered its lending rates by ten basis points across all tenors. It has also revised their savings rate by 25 basis points for term deposits under one lakh. In…

Union Minister for Commerce and Industry Piyush Goyal will attend the meeting of 7th India-UAE high-level task force on Investment in Abu Dhabi today. The meeting will be co-chaired by…

Maharashtra Chief Minister Devendra Fadnavis has hailed the slashing of corporate tax rates as a historic step. Fadnavis said in a tweet that Mumbai, the Financial Capital of India &…

Finance Minister Nirmala Sithraman today said, a new provision has been ed in the Income-tax Act which allows any domestic company an option to pay income-tax at the rate of 22% if they…

Jammu and Kashmir Chief Secretary B V R Subrahmanyam has asked Divisional Commissioners of Kashmir, Jammu and Ladakh to review the availability of state land in each district. The…

Ministry of Mines has allowed Steel Authority of India Limited, SAIL to offload in a year up to a quantity equivalent to maximum 25 per cent of total iron ore production in the previous…