Banks will need more funds, as they have to provide more capital.

The RBI has lowered the policy rate by 0.75 percentage points.

Banking and real estate stocks rise up to 5% on further rate-cut hope.

Currently, there's a shortfall of 23 million houses in India.

The problems stem from a hardware failure in a State Department.

Bombay High Court upholds rejection of Shagun Gogia as board member, terms two director appointments invalid.

India jumps to fourth from thirteen in the list of countries having households with more than $100 mn private wealth.

HDFC Bank, the country's second-largest private sector bank, has cut its base rate by 15 basis points (bps) to 9.70 per cent.

ITC has stated its products have been found to be in compliance with all food safety regulations.

Database to contain taxable financial transactions and history of any tax-paying individual.

The transaction will lead to an open offer for minority holders.

The ED started probing Modi in 2009.

No legal proceedings have been initiated against Nestl till now.

Sikka ranks 35th in the list.

The finance ministry on Tuesday clarified that service tax would be levied only on air-conditioned or air-heated restaurants.

Registration of vehicles carrying vegetables, fruits mandatory from July 15.

The move, amid a rise in slippages from restructured assets, is aimed at resolving stress in the banking system.

Some also demanded empowering of local bodies.

Celerio's 793-cc diesel engine is the smallest in the market.

The government will announce minimum support prices for kharif.