Centre likely to probe allegations against HSBC

The government is likely to conduct a through inquiry into allegations that multinational organisation HSBC Bank was involved in money laundering operations that may have helped terror groups......

Goyal has no account in HSBC's Geneva branch: Jet Airways

Rejecting allegations of stashing away unaccounted money in Swiss accounts, Jet Airways on Friday said there is no account in the name of its Chairman Naresh Goyal in HSBC Bank, Geneva, though he......

HSBC shuts Muslim accounts in UK

In a controversial move, global private banking major HSBC has closed a number of "risky" accounts belonging to Muslim groups and individuals in the United Kingdom. HSBC has written to one of......

HSBC bank under US taxman's scanner

The US Internal Revenue Service (IRS) has asked HSBC Bank to provide information on incomes of US residents who may be using accounts in India to evade income taxes. The move has raised several......

RBI considers fresh guidelines to curb mis-selling

Concerned over the rise in mis-selling of products by banks and non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) is examining whether to come up with norms to curb such......

Debt funds now look to accruals as interest rate cut cycle peaks

With the interest rate cut cycle nearing its end, several debt fund managers are shifting their focus towards interest income rather than betting on duration in anticipation of capital gains.......

Black money: I-T mulling prosecution of HSBC bank

The Income Tax department is said to be mulling prosecution against the HSBC bank for allegedly being the conduit for Indians in stashing money abroad. The department, which had received more than......

Messi's India return set to break records

Football fans in India will have another glimpse of Lionel Messi and his Argentine team in an exhibition match in Kerala in October, 14 years after the World Cup-winning captain first visited the......

Global Chess: Nakamura surprises Anand in key contest

IMAGE: Arjun Erigais in action. Photograph: Global Chess League The American Gambits scored a crucial victory against the Ganges Grandmasters in the opening round of day four of the Tech Mahindra......