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But were convinced by bank officials to invest in insurance, mutual funds or equity-linked savings scheme promising attractive returns. (Representational Image)

Mutual Funds' asset base reaches all-time high of Rs 25 lakh crore

The asset base had increased more than two folds and crossed Rs 20 lakh crore in August 2017.

7 Sept 2018 4:33 PM IST

Gadkari asks auto industry to change 'mindset', be future-oriented

The government was clear with its policy to reduce import of oil and end pollution.

7 Sept 2018 4:14 PM IST

The UP Shia Waqf Board Chief also said that decriminalising homosexuality would lead to an increase in crime rates. (Photo: ANI)

SC decriminalising gay sex will tarnish Indian culture: UP Shia Waqf...

'This judgement is absolutely wrong. I think those who are celebrating this judgement are shameless,' he added.

7 Sept 2018 4:10 PM IST

The 2 terrorists were associated with ISJK, the terror outfit influenced by Islamic State ideology, police official said. (Photo: Twitter | ANI)

2 suspected ISIS terrorists arrested near Red Fort, say Delhi cops

The duo, hailing from Kashmir, was arrested near the Red Fort area on intervening night of Thursday and Friday.

7 Sept 2018 4:06 PM IST

The Indian Railways initiative Plan Bee to prevent trains from hitting elephants crossing tracks has turned out to be successful. (Photo: ANI)

'Plan Bee' a success for Indian Railways

A number of cases have been reported from several parts of the country, where elephants have collided with trains at...

7 Sept 2018 3:47 PM IST

Harish Kumar, member of Indian Sepak Takraw team that won a bronze medal at the Asian Games 2018, has resumed his job of selling tea at his fathers shop to support his family. (Photo: ANI)

Harish Kumar, Asian Games bronze medallist, sells tea at stall in...

'I have many family members and our income is meagre. I help my father at the tea shop to support my family,' Harish...

7 Sept 2018 3:43 PM IST

Nirav Modi and Mehul Choksi are accused in the fraudulent issuance of LoUs and Letters of Credit (LCs) worth USD 2 billion by the PNB. (Photo: File)

RCN may not help extradite Choksi due to Antigua's reluctance:...

Pending Red Corner Notice request against Mehul Choksi will be taken up by Interpol in October.

7 Sept 2018 3:16 PM IST

Union Bank of India Ltd reported on Thursday a 25.83 billion-rupee net loss for its fourth quarter.

RBI fines Union Bank Rs 1 crore for delay in fraud detection,...

However, the bank said that the amount of the penalty is not material considering the size of the bank.

7 Sept 2018 3:16 PM IST

According to sources, the revenue department will write to Flipkart seeking the share purchase agreement that the company had entered into with Walmart to calculate the tax liability.

Flipkart aims over 30 per cent phone sales this festive season

Mobile phones are one of the most popular items sold through e-commerce sites in the country.

7 Sept 2018 3:13 PM IST

Fortis board on Wednesday saying it may be willing to pay as much as Rs 160 per share to acquire control of the company.

Fortis arm sells 15 lakh shares in RHT to FHIL

RHT has a portfolio of 12 clinical establishments, and operating hospitals across India.

7 Sept 2018 2:51 PM IST

Disinvestment-bound Air India has approached aviation regulator DGCA for renewal of its flying permit, expiring in June.

Govt working on strategic sale of Air India subsidiary AIATSL

Air India is reeling under a debt burden of Rs 48,000 crore.

7 Sept 2018 2:38 PM IST

The quantity of gold smuggled was higher earlier, but the gants were playing safe and bringing gold in lesser quantities. (Representational image)

Gold softens on slack demand, global cues

Gold is trading at Rs 31,450 per 10 gram at the bullion market on muted demand from local jewellers.

7 Sept 2018 2:29 PM IST