Bloomberg India’s top court will hear a group of farmers seeking to halt land acquisition for the South Asian nation’s maiden high-speed rail project, funded by Japan. A two-judge bench headed by Justice Deepak Gupta issued a notice to the government seeking its view on the farmers’ petitions. The nation’s apex court will hear the case on March 20. The ...

Bloomberg The Federal Reserve is shifting its focus from writing and revising rules aimed at limiting risk in the banking system to a concentration on how lenders interpret the restrictions, the agency’s supervision chief said. Having finished the bulk of its work on major rules, the Fed can now devote more attention to behind-the-scenes interactions between bankers and their government ...

Bloomberg Deutsche Bank AG is cutting the bonus pool at its investment bank by about 30%, deepening pay reductions after a tumultuous year that saw the lender embark on a huge restructuring. While the figure is an average at the division housing fixed income trading, there’ll be some adjustments for individual performance and units, people with knowledge of the matter ...