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Business and Finance

Tata Motors announces Ziptron technology to power its future electric vehicles

Ziptron has been designed specifically for Indian traffic and climatic conditions.

Yes Bank assures investors of financial position amid Morgan Credits stake sale

The board of directors of Yes bank said that the financial position of the bank is sound and stable, and its growth plans stay firmly on track.

'Bold move, tax bonanza': India Inc cheers government's taxation reforms

SBI Chairman Rajnish Kumar said that the large reduction in corporate taxes across the spectrum of all companies is perhaps the boldest reform in the last 28 years.

Stock markets see biggest ever single day gains after govt slashes corporate tax

The Sensex rose by over 2,200 points, while the Nifty gained as much as 668 points during market hours.

No MSME loans as NPA in FY20 fiscal, public sector banks to hold loan melas: FM

"PSBs will focus on giving loans to the 'RAM' category -- retail, agriculture and MSMEs," Sitharaman said at a press conference after meeting PSU bank heads.

Volatile crude prices could increase country's current account deficit: RBI Governor

RBI Governor Shaktikanta Das said that global slowdown, escalation of trade and geopolitical tensions could pose major risks for the Indian economy.

Finance Min Nirmala Sitharaman announces corporate tax relief for domestic companies

Here’s a lowdown of everything announced by the Finance Minister.

RBI looking at how NBFCs, housing finance cos fix their lending rates

The system of linking loans to external benchmark rates for banks is set to come into force beginning this October 1.

RBI orders banks, NBFCs not to share credit data of consumers with unregulated firms

The RBI has asked all lenders to let RBI know within 15 days the measures they are taking to curb this practice.

FM to meet PSU banks’ heads, review merger preparedness

Some of the key issues which relate to passing of low cost of borrowing and NPA settlement, doorstep banking and also the merger execution strategies will be taken up.