RBI's Subbarao: Indian Government May Have to Change Public Sector Banking Structure
India's government may have a tough decision to make and likely give up majority ownership in state-run banks if it is unable to help them increase capital requirements, the country's central bank governor cautioned Saturday.
U.S. Federal Judge Sanctions TD Bank Over Rothstein-Related Trial Documents
A U.S. District Court judge in Miami late Friday sanctioned Toronto-Dominion Bank's (TD) U.S. subsidiary, TD Bank, for engaging in a "willful" pattern of negligence during a trial earlier this year over its role in aiding a $1.2 billion Ponzi scheme by disbarred and imprisoned attorney Scott
Godrej Consumer Products April-June Net Profit Drops
India's Godrej Consumer Products Ltd. (532424.BY) Saturday said its April-June net profit fell 45.6%, from a year earlier when it had made an exceptional gain on account of termination of a joint venture.
4 places your credit card is a better choice than debit
If you're like many Americans, you might find you're saying "debit" instead of "credit" more often at the cash register.
Japan thumps 10-man Egypt to reach men's soccer semis
Japan cruised to a 3-0 victory over 10- man Egypt at Old Trafford on Saturday to reach the semifinals of the men's Olympic soccer tournament.
Reigning 400 champ Merritt doesn't finish heat
American runner LaShawn Merritt's quest to defend his 400-meter Olympic title ended Saturday after he failed to finish his first race in qualifying.
France tops Tunisia for third straight Olympic win
Tony Parker scored 22 points and Nicolas Batum added 19 with seven rebounds, leading France to a 73-69 victory over winless Tunisia in men's basketball.The French have won three straight games since losing their opener against the United States to earn a spot in the quarterfinals and will face
U.S. boxer Spence awarded win after appeal
American welterweight boxer Errol Spence is back in the Olympic tournament, after his appeal of Friday night's loss was accepted.Spence dropped a 13-11 decision to India's Krishan Vikas in the round of 16, but the United States team submitted a protest
Great Britain wins twice on final day of rowing
British rowers medaled three times Saturday, including golds in the men's four and lightweight women's double sculls, to cap a successful Olympic run at Eton Dorney.Great Britain led all countries with nine rowing medals overall and four gold after a good final day of competition
U.S. men escape with narrow win over Lithuania
Lithuania figured to be a tougher matchup for the U.S. men's basketball team than Nigeria, but not this difficult.