Lending to medium and small enterprises as a percentage of the adjusted net bank credit dropped to 14.6% in the year ended March 2016 from 15.5% in the previous year. Read more »

The cover is aimed at protecting depositors at least a minimum sum upto Rs 1 lakh if the bank goes burst. Read more »

The new model comes with various new features including seven-speed transmission and an advanced infotainment system. Read more »

Reserve Bank employees all over the country will participate in September 2 industrial strike in support of the demands of the country's working class. Read more »

"The current run rate of aluminium production is around 1 MTPA and the overall 2016-17 volume guidance remains unchanged at 1.2 MTPA," the company said. Read more »

During Q1 FY2017, cement production stood at 75.64 mn MT, a moderate growth of 5.7% over Q1 FY2016. This is higher when compared to 4.6% of production growth reported in FY2016. Read more »

Facing shortfall in freight loading, railways had last week rationalised coal tariff by reducing the rate for long-distance transportation and increasing it for short distance. Read more »

SBI Management has announced that close to 7,000 branches of SBI would be shut or relocated with merger. Read more »

"The third 660 mw unit of Talwandi Sabo power plant in Punjab has put commercial production on August 24, 2016, and will be capitalised in September 2016," Vedanta has informed BSE. Read more »