In a release, RBI said the penalty has been imposed on Citibank NA for contravention of certain sections of the Banking Regulation Act and for non-compliance with directions. Read More

In March, the output of the core sector that includes eight infrastructure sectors ? coal, crude oil, natural gas, refinery products, fertiliser, steel, cement, and electricity ? had contracted 9%. Read More

Following the footsteps of the last-generation model, the Mercedes-Benz GLS 2020 will set foot on the Indian shores as a CKD (completely knocked down) product. It will be assembled at the Mercedes’ Pune based facility..It will rival the likes of BMW?s XL-siz? Read More

India’s economic growth falls for a third successive year, fiscal deficit widens to 4.6%; agriculture and govt spending prevent further decline Read More

The BS6 Suzuki Gixxer 250 is Rs 3,600 more expensive than its BS4 iteration, while the BS6 Gixxer SF 250 gets a Rs 3,345 price hike over the outgoing version Read More