Defying the massive fake news scandal that hit the social networking giant during the US presidential election as well as analysts, Facebook has registered strong growth in its mobile advertising business, with total revenue reaching $8.8 billion from $5.84 billion last year. ....

Indian industry stakeholders have hailed the Union Budget 2017-18, especially the measures announced by Finance Minister Arun Jaitley for infrastructure push, affordable housing and expansion of the BharatNet project. ....

Finance Minister Arun Jaitley on Wednesday said the government was ready for implementation of the Goods and Services Tax (GST) and will begin reaching out to the industry from April 1 to make them aware of the new tax regime. ....

Caution ahead of the Union Budget's presentation, coupled with negative global cues and outflow of foreign funds, subdued the Indian equities markets on Tuesday. ....

Grappling with the likely fallout of the US government's proposed H-1B visa reform bill in the US House of Representatives, C.P. Gurnani, MD & CEO, Tech Mahindra, hopes that things will become better once Prime Minister Narendra Modi meets US President Donald Trump, most likely in June. ....

Around 10 lakh bankers will now go on strike on February 28 to demand recovery of bank loans that have since turned bad and action against wilful loan defaulters as well as solution to cash crunch post-demonetisation, a top union leader said on Tuesday. ....

Commencing the process of crackdown on large deposits made after November 8, the Income Tax Department has identified 18 lakh taxpayers who will be served notices seeking explanation within 10 days. ....

The Economic Survey 2016-17 tabled in Parliament on Tuesday by Finance Minister Arun Jaitley has mooted the formation of a centralised public sector asset rehabilitation agency (PARA). ....

The RBI on Monday ended all curbs on withdrawals from Current Accounts, Cash Credit Accounts and Overdraft Accounts with immediate effect. ....

Housing finance major HDFC on Monday said it will raise Rs 35,000 crore through secured redeemable non-convertible debentures (NCDs). ....