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Apple could also be exploring satellites for more precise location tracking for its devices, enabling improved maps and new features.Apple Inc. has a secret team working on satellite technology that the iPhone maker could use to beam…

The RBI issued the prudential framework for the resolution of stressed assets for large accounts amounting loans of over Rs 2,000 crore through the June 7 circular this year.By Ankur MishraThe Reserve Bank of India (RBI) is not going to…

The foreign brokerage said one should start reducing concentration risk. If the government takes measures to revive growth, the markets would react well in time.With markets getting highly polarised over the last two years, both in terms…

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Another evolving consumer trend in e-commerce is consumers withholding their purchases till the discount season.While night time may not see much traction for offline stores or shopping malls, e-commerce companies such as Amazon, …

SBI Chairman Rajnish KumarSBIChairman Rajnish Kumar on Saturday said banks cannot go beyond a threshold to bring down interest rates on deposits as India lacks social security schemes and likewise cannot lend at lower rates to…

MSCI’s gauge of stocks across the globe gained 0.40% to a record high, while Wall Street’s three key equity indices also marked new highs.A year-end rally in global equity markets extended gains on Friday, helped by data showing…

MARKETWATCH FRONT PAGE There’s a tendency for one year’s stock-market dogs to recover the following year. See full story.I’ll have $10,000 a month to spend and prefer a city with beautiful…

The Jaypee group had sub-leased plots to 11 builders on the allocated land and separately had taken around Rs 2,000 crore from homebuyers in 10 projects but not delivered it.The Yamuna Expressway Authority on Saturday cancelled the…

The clarification comes after a news report suggested that Indian banks may ask depositors and customers to list their religion.Finance Secretary Rajiv Kumar on Saturday denied the “baseless rumours” that Indian citizens need to declare…