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Banks would also be USD 10 billion short of the capital required to meet the regulatory minimum of 8 per cent that is set to apply from end-March 2020Banks would face a capital shortfall of about USD 50 billion (about Rs 3.5 lakh crore)…

Futures for Japan’s Nikkei were trading flat at 22,700, compared to Monday’s index close at 22,548.Asian share markets edged ahead on Tuesday amid cheery chatter about the chance of a Sino-U.S. trade deal, while investors were sanguine…

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FILE PHOTO: Kenneth Fisher, the founder, chairman, and Chief Executive Officer of Fisher Investments, speaks at the Reuters Investment Outlook Summit in New York, December 5, 2011. REUTERS/Brendan McDermidBOSTON (Reuters) - Fidelity…

Mondelez’s Oreo range of biscuits getting packed in a facility. (Image: Bloomberg)Cadbury’s parent company Mondelez India Foods Private Limited mopped in net profit of Rs 462 crore, a whopping 42% jump in its last year profit numbers,…

For a bank to make a profit, there should be a significant difference between its lending and deposit rate.RBIhas cut down repo rates five times in a row since February 2019 but there is hardly any visible change in the lending rates of…

Hong Kong shares erased early losses to rise 0.26%.Asian stocks edged higher on Monday as Chinese shares reversed early losses due to hopes for progress in resolving the U.S.-China trade war and expectations for greater investment…

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(Reuters) - A $34 billion Iowa pension plan on Friday said it will terminate an investment contract with Kenneth Fisher, whose alleged insensitive remarks about women has cost his firm more than $1 billion in assets under management. The…

The company had reported a consolidated net profit of Rs 213.83 crore in the year-ago period, Oberoi Realty Ltd said in a filing to the BSE.Oberoi Realty Ltd on Sunday posted a 35.4 per cent decline in consolidated net profit at Rs…