Asian shares tread water as Fed meeting looms

Last Updated: Tuesday, September 15, 2015, 08:32

MSCI`s broadest index of Asia-Pacific shares outside Japan was up 0.1 percent, after Wall Street logged losses, with U.S. trading volume at its lowest in a month as markets awaited the Fed outcome.

Deutsche Bank to cut about 23,000 jobs: Sources

Last Updated: Tuesday, September 15, 2015, 00:19

Deutsche Bank aims to cut roughly 23,000 jobs, or about one quarter of total staff, through layoffs mainly in technology activities and by spinning off its PostBank division, financial sources said on Monday.

RBI cancels Sahara India Financial Corp's NBFC registration

Last Updated: Monday, September 14, 2015, 21:49

In a fresh jolt to Saharas, Reserve Bank has cancelled Sahara India Financial Corporation's certificate of registration as NBFC.

Gujarat easiest place to do business in India: World Bank

Last Updated: Monday, September 14, 2015, 21:32

The move would also help in improving India's overall ranking in the global Doing Business Study. India has been placed at 142nd position among 182 nations.

Deutsche slashes December Sensex target to 28,000

Last Updated: Monday, September 14, 2015, 21:30

Global banking and financial services major Deutsche Bank Monday slashed its year-end Sensex target to 28,000 from 31,000 on concerns over global growth.

RBI to cut rates irrespective of Fed moves: Ind Ra

Last Updated: Monday, September 14, 2015, 19:17

RBI will consider slashing repo rate by 0.25 percent in its upcoming policy meet, irrespective of a rate hike by US Federal Reserve, Ind-Ra said Monday.

Gujarat is best Indian state for business: World Bank

Last Updated: Monday, September 14, 2015, 18:01

Gujarat was ranked on the top Monday, among states, on the ease of doing business index prepared by the World Bank, while Andhra Pradesh and Jharkhand were placed at the second and third positions, respectively.

Chanda Kochhar, Arundhati Bhattacharya top Fortune's most powerful women list

Last Updated: Monday, September 14, 2015, 17:11

Bankers Chanda Kochhar and Arundhati Bhattacharya have been ranked as top two in a list of most powerful women in Asia Pacific prepared by the global magazine Fortune.

Asian shares edge up, brush off soft China data

Last Updated: Monday, September 14, 2015, 09:34

US stock futures rose 0.4 percent from late US levels in early Asian trade while Japan`s Nikkei rose 0.4 percent. MSCI`s broadest index of Asia-Pacific shares outside Japan gained 0.3 percent.

Atlas Group probe: Govt transfers BoB executive director

Last Updated: Sunday, September 13, 2015, 13:33

In an unprecedented move, Moorthy has been shifted to a smaller state-run lender United Bank of India (UBI). He assumed his new job on August 29 as executive director.

Oil prices retreat as Goldman Sachs cuts forecasts

Last Updated: Saturday, September 12, 2015, 07:36

Oil prices dropped Friday as the Wall Street bank Goldman Sachs slashed its forecasts for crude prices.

RBI consultant Gangadhar Darbha passes away in office

Last Updated: Friday, September 11, 2015, 23:12

Algorithmic trade specialist Gangadhar Darbha, who joined RBI as a consultant only last week, passed away Friday following cardiac arrest while at work at the central bank's headquarters here.