NEW DELHI - Housing Development Finance Corp (HDFC), India's top mortgage lender, posted an 11.5 percent gain in quarterly net profit, in line with estimates, aided by higher loan growth.
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LONDON - Stocks fell in Europe and Asia and the dollar strengthened on Thursday after the Federal Reserve took an upbeat view of the world's largest economy and signalled it was on track to raise interest rates this year.
WASHINGTON - The IMF set a June deadline for making progress on reforms that would give emerging countries more say in how the world lender is run, an attempt to break a standoff created by U.S. failure to ratify the changes.
FRANKFURT - Deutsche Bank posted a surprise pre-tax profit of 253 million euros ($285 million) in the last quarter of 2014, helped by an unexpected drop in litigation costs and an upswing in trading revenues at its investment bank.
MUMBAI - The Indian government has asked its tax officials to apply the principle behind a tax ruling involving Vodafone Group Plc to all similar transfer pricing cases, an official letter seen by Reuters showed.
MUMBAI - The BSE Sensex and Nifty edged lower on Thursday, retreating from record highs hit in the previous session, as state-run Coal India slumped after the government decided to sell a part of its stake, while recent outperformers were hit by profit-taking.
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