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......

Mahindra sells entire stake in RBL Bank for Rs 678 cr

Mahindra & Mahindra (M&M) on Thursday said it has sold 3.53 per cent stake in RBL Bank for Rs 678 crore, representing a 62.5 per cent gain on the investment. Photograph: Danish Siddiqui/Reuters On......

India least favoured among emerging-market investors

Just over a year ago, India was investors' top pick among EMs. Its slide down the rankings follows $30 billion (over 2.5 trillion) of foreign selling over the past 12–13 months. Illustration:......

Factors that will guide the markets this week

Quarterly earnings, macroeconomic data announcements and global trends will drive the Indian stock markets in a holiday-shortened week, analysts said. Illustration: Uttam Ghosh Stock markets would......

Rupee breaches 90/dollar for first time; closes at all-time low of 90.15

The rupee breached the 90-a-dollar level for the first time to settle at a fresh all-time low of 90.15 on Wednesday, down 19 paise from its previous close, amid sustained foreign fund outflows and......

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......