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. ....

The ICICI Group on Tuesday said it has made 100 villages digitally-enabled in 2017 and plans to transform 500 more by the year-end. ....

A joint team of the ED and CBI is in London to seek extradition of liquor baron Vijay Mallya, sources said on Tuesday. ....

The Khadi and Village Industries Commission (KVIC) on Monday reported nearly 33 per cent growth in sale of khadi products to Rs 2,005 crore in the fiscal year 2016-17 from Rs 1,510 crore during 2015-16. ....

The full impact of bank accounts getting blocked due to non-compliance with the Foreign Account Tax Compliance Act (FATCA) will be known on Tuesday or Wednesday, said a banker in a government-owned bank. ....

With cash flow almost normalising after demonetisation, customers on Friday thronged jewellery shops across the country to celebrate Akshaya Tritiya. ....