Infosys founder N.R. Narayana Murthy on Sunday termed the board-approved compensation hike for Chief Operating Officer U.B. Pravin Rao as "not proper" and said it will "erode the trust and faith of the employees in the management and the board". ....

With the recent dip in global crude oil prices to around $50 a barrel levels, the price of aviation turbine fuel (ATF), or jet fuel, has been cut by over 5 per cent -- reversing a trend of hikes over the last two months. ....

Alliance Air, the wholly owned subsidiary of Air India, announced new flight operations from Saturday connecting the three important cities in Andhra Pradesh - Vizag, Vijayawada and Tirupati. ....

The Indian economy is expected to grow at 7.2 per cent in 2017 and by 7.7 per cent in 2018, Finance Minister Arun Jaitley said on Saturday. ....

State-run Indian Oil Corp (IOC) substantially reduced prices of transport fuels effective from Saturday, of petrol by Rs 3.77 a litre and of diesel by Rs 2.91, both at Delhi, with corresponding cuts in other states following the recent decline in global crude rates. ....

Hundreds thronged the RBI here with old demonetised notes to grab new ones on the last day of official exchange on Friday but most people returned home disappointed. ....

The government on Friday lowered the interest rate on small saving schemes, including Public Provident Fund (PPF), by 0.1 per cent for the period between April 1 and June 30. ....

There has been an increase of 584 per cent in digital transactions done through the Unified Payments Interface (UPI) since demonetisation in November last year, said an official release on Thursday. ....

The CISF has decided to do away with stamping of hand baggage tags at seven major airports in the country from April 1. ....

Giving flight to its 'Udan' policy for regional connectivity, the government on Thursday awarded contracts to five companies to operate flight services on 128 routes that will connect 70 airports, most of them either used partially or unused. ....