Facebook is making a debut in premium television and developing around 24 shows that will be premiered in mid-June, media reports said. ....

The Supreme Court on Tuesday held beleaguered liquor baron Vijay Mallya guilty of contempt in a case filed by a consortium of 13 banks he owes money to. ....

State-owned Canara Bank's net profit returned to black in the fourth quarter and fiscal 2016-17 after going into red in the same period a year ago, said a top official on Monday. ....

The country's largest home loan provider State Bank of India (SBI) has announced reduction in the home loan rates by 25 basis points (bps) from 8.60 per cent to 8.35 per cent per annum, which will come into effect from Tuesday. ....

Finance Minister Arun Jaitley on Saturday urged the Asian Development Bank (ADB) to set up a regional hub for South Asia in New Delhi so that the majority of proposals could be processed speedily. ....

The Banking Regulation (Amendment) Ordinance, notified on Friday, is expected to facilitate bankers to adopt resolutions for NPA (non performing assets) accounts, a banker said on Friday. ....

Pakistan International Airlines (PIA) announced on Friday that it was "likely", on "purely economical" grounds, to suspend its Karachi-Mumbai operations, while flights to New Delhi will continue. ....

Industry body Confederation of Indian Industry (CII) on Thursday predicted that India's economic growth rate for 2017-18 will range between 7.5 and eight per cent. ....

In an attempt recover Rs 6 lakh crore worth of non-performing assets (NPAs) in the banking system Union Cabinet, led by Prime Minister Narendra Modi approved a Ordinance on Wednesday. ....

India's manufacturing conditions improved for the fourth straight month in April due to healthy domestic demand conditions and growth in new export orders, a key macro-economic data showed on Tuesday. ....