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New StanChart CEO Winters says needs to strengthen finances

Last Updated: Wednesday, June 10, 2015, 14:38

Standard Chartered`s new chief executive Bill Winters said the Asia-focused bank needs to strengthen its financial position, simplify and restructure to achieve better returns, in a letter to staff on his first day in charge.

British bank Lloyds posts falling Q1 net profit

Last Updated: Friday, May 1, 2015, 14:07

Earnings after taxation slid to £913 million ($1.40 billion, 1.25 billion euros) in the three months to the end of March, compared with £1.148 billion a year earlier, Lloyds said in a results statement.

Reform implementation to determine rating upgrade: Moody's

Last Updated: Thursday, April 30, 2015, 13:28

Moody's, which has given the lowest investment grade rating to India, named regulatory complexity and weak social and physical infrastructure as challenges before the country.

Moody's outlook upgrade significant; need to do more: FM Jaitley

Last Updated: Thursday, April 9, 2015, 13:34

The Moody's upgrade of India's rating outlook to 'positive' from 'stable' is significant, but the government will have to do more, Finance Minister Arun Jaitley said on Thursday.

Moody's upgrades India's outlook to positive, sovereign rating still a notch above junk

Last Updated: Thursday, April 9, 2015, 10:36

India's sovereign rating currently stands at 'Baa3', the lowest investment grade -- just a notch above 'junk' status.

Moody's upgrades India's outlook to positive, affirms Baa3 rating

Last Updated: Thursday, April 9, 2015, 08:34

Ahead of Prime Minister Narendra Modi's Europe visit, Moody's has raised India's credit rating outlook to stable, validating government's reform thrust and fiscal discipline.

Gold set for best week in 10 months; traders cautious ahead of data

Last Updated: Friday, December 5, 2014, 15:08

Gold was heading for its biggest weekly gain in 10 months on Friday as a modest bounce in oil prices boosted demand for the metal as an inflation-hedge, but investors were nervous ahead of a key US jobs report that could trigger sharp moves.

Newly developed bionic bicep gives you Hercules` strength

Last Updated: Sunday, October 27, 2013, 13:00

A group of engineering students at the University of Pennsylvania have created a bionic arm that can be just strapped on an external bicep and will give you enormous strength.

New graphene-copper composite 500 times stronger than original metal

Last Updated: Wednesday, August 28, 2013, 14:34

Researchers have put graphene`s tensile strength to test by using it in a composite that consists of copper and nickel.

World Osteoporosis Day: Save yourself!

Last Updated: Saturday, October 20, 2012, 20:04

Just maintaining a healthy lifestyle and consuming a rich balanced diet is enough to ward off this disease.

US refutes showing off military strength in Oz

Last Updated: Thursday, August 9, 2012, 23:45

The head of the United States Marines has tried to play down apprehensions that American troop build-up in Australia is an act of showing off their military strength.

Govt to infuse about Rs 1,500 cr in the PSU banks in 2012-13

Last Updated: Friday, April 13, 2012, 18:15

The government on Friday said it will infuse about Rs 1,500 crore in the public sector banks during the current fiscal to enhance their financial strength.