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FILE PHOTO: Pound Sterling notes and change are seen inside a cash resgister in a coffee shop in Manchester, Britain, Septem,ber 21, 2018. REUTERS/Phil NobleLONDON (Reuters) - UBS Wealth Management said on Friday it still expects the UK…

On the basis of demand notices issued by Axis Bank and HDFC Bank, GuarantCo paid an amount of ,842,267.16 and ,221,084.9 to the two banks, respectively.Mauritius-based GuarantCo, part of the Private Infrastructure Development Group…

The RBI, which has cut interest rates by a cumulative 1.35 percent to a decadal low of 5.15 percent in five straight moves since February, to push growth amid continued subdued inflation, is peeved at banks for not passing on the full…

In the wake of the slowdown in the industry, even reputed developers such as Sobha have slowed down new launches, which impacted their sales growth.Sobha reported flat pre-sales in terms of area of 1.06 msf in Q2FY20, but pre-sales in…

SurveyMonkey's stock rose sharply in its stock market debut Wednesday, and that's good news for Sheryl Sandberg's charitable organization. Sandberg, the chief operating officer of Facebook, pledged earlier this year to…

When President Franklin D. Roosevelt signed America’s first federal minimum wage into law in 1938, it was 25 cents per hour. Adjusted for inflation, that would be worth about $4.45 today.Scroll over the chart to see the US federal…

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MILAN (Reuters) - Mediobanca’s third-biggest investor Leonardo Del Vecchio called for it to get bigger through acquisition on Friday, stepping up his questioning of the Italian merchant bank’s strategy. FILE PHOTO: Milan's business…

Citing the example of PMC scam, Goyal said some “bad apples” ruin the reputation of such an important sector.Leaders of cooperative sector should think of a self regulatory mechanism to strengthen it and prevent recurrence of scams like…

PNB, UBI, OBC merger: Outside expert may be roped in to decide logo of new entityWith three state-run lenders — Punjab National Bank (PNB), United Bank of India (UBI) and Oriental Bank of Commerce (OBC) — heading for an amalgamation, an…