Large lenders have smartly cut their base rates to slow down the borrowers from switching to marginal cost of fund based lending rate (MCLR) and in the process protect their margins, said investment banking firm Jefferies. ....

The Enforcement Directorate has attached properties worth over Rs 150 crore of Chennai-based Gold Quest International Pvt Ltd in connection with a case of money circulation business and cheating public, an official said on Wednesday. ....

Quoting of Aadhaar has been made mandatory for filing income tax returns with effect from July 1, as introduced by the Finance Act, 2017, an official statement said on Wednesday. ....

India is a key market for YouTube and this is why the company has introduced several features to enhance the visual experience for the Indian users in the recent past, a top company executive has said. ....

With 72 million subscribers enrolling for prime membership till March 31, Reliance Jio will remain disruptive given its aspirations, investment banking firm Jefferies said here on Wednesday. ....

Lok Sabha Speaker Sumitra Mahajan on Wednesday congratulated the House members, Ministers and the government for completing the process of passing the Union Budget before April 1. ....

The central government on Tuesday reported a total tax collection of Rs 17.10 lakh crore during 2016-17 -- an increase of 18 per cent over 2015-16. ....

Hundreds thronged the RBI here with old demonetised notes to grab new ones on the last day of official exchange on Friday but most people returned home disappointed. ....

In a yet another blow for the struggling micro-blogging website Twitter, its head of Asia-Pacific business Aliza Knox has decided to move on after a near-five year stint. ....

The ongoing strike by the truck owners is set to further intensify, resulting in rise in prices of essential items, following failure of the talks with the insurance regulator at Hyderabad on Monday, a motor transport union official. ....