Indian banks are the 2nd-fastest-growing ones.
Equity strategists are basing their expectation on strong corporate earnings recovery, supportive global economic growth, and gradual improvement in business sentiment.
Deutsche Bank could be the next to trim its retail operations.
In an open letter, BWF secretary general Thomas Lund said the decision to go ahead with the All England Championships was made based on the best advice at that time. "It has been very disappointing to see some members of the badminton community speculate on the sincerity and motives of the BWF in this time of crisis," Lund wrote.
This is the lowest amount of funds held by Indians in the Swiss banks ever since the Alpine nation began making the data public in 1997.
ED and Directorate of Revenue Intelligence have detected a significant increase in the outflow of Indian money, specifically into four countries --Thailand, Dubai, Singapore and Hong Kong.
SAS, global leaders in business intelligence solutions, on Friday announced setting up of its largest research and development centre in Pune, as it expects the Indian market to grow by 27 per cent and generate $87.4 billion worth business by 2009.
The total money of Indians fell by 45 per cent during 2016 to CHF 675.75 million, marking the biggest ever yearly decline in such funds.
'The corporate tax cuts will obviously result in lower tax payments by companies,' says Central Board of Direct Taxes member Akhilesh Ranjan who retires after 37 years in government service.
Flipkart has not been able to process with its plans of getting into the grocery vertical and is stuck on running pilots in select cities.
The Reserve Bank may cut key interest rates as early as this week.
Spot gold fell as far as $1,142.10 an ounce on Thursday, its lowest since November 2014.
Jaitley said, "I welcome this investigation. I think it is a healthy step that these kind of exposes are being made. I have been repeatedly saying that the world is now going to increasingly become more transparent, countries are cooperating with each other and slowly all this information is going to come out as a result of various global initiatives which have been launched."
Economic recovery in US, euro zone help; new orders sub-index at 52.4
The race to get a New Umbrella Entity (NUE) licence for digital payments may get crowded. As many as six consortiums are said to be in the fray to apply for an NUE licence, which would create a for-profit National Payments Corporation of India (NPCI)-like body for retail payments. A consortium led by Financial Software and Systems (FSS), a leading provider of payment products and payment processor, is in talks and may file an application to the RBI for an NUE license, said sources aware of the development. The other constituents of this group include Indian Bank, Central Bank of India, India Post Payments Bank, National Bank for Agriculture and Rural Development (Nabard), and a few small finance banks.
ED team managed to get several bank statements from Barbados, Dubai, Hong Kong etc. which prove vital overseas link and money trail relating to Nirav Modi and his aides.
Morgan Stanley says favourable factors will push Sensex to 32,500 level by December.
There are still bumps in the road ahead for Swiss banks.
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Analysts see FY16 CAD at 0.5-0.6% of GDP.
According to bankers and economists, there is room for further rate cut by the RBI as retail and wholesale inflation rates have remained benign.
Economists caution that the underlying cause could be an alarming drop in demand -- something that's not good for economic growth.
Foreign exchange reserves jumped $1.17 billion to touch a new record high of $355.46 billion.
IIM-A saw 36 per cent jump in maximum domestic salary in 2018 placements this year.
At issue size of Rs 10,355 cr, the offering will be Asia's biggest this year and fifth-largest domestically.
The list includes 1,195 Indians with funds totalling $4.1 billion.
List of international sports events affected by the coronavirus that has killed over 900 people and infected more than 40,000 in China
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
India on Monday got the backing of Switzerland in its bid to become a member of the Nuclear Suppliers Group.
Like their international peers, Indian CEOs too have a significant portion of their incomes coming from stock options and performance-linked bonuses
A major criticism of the new law is that it can become an instrument of abuse as it confers the tax enforcement authorities with strong discretionary powers, says Paranjoy Guha Thakurta.
Raising the issue during Zero Hour, he said SBI has signed an MoU pledging one of the single largest loans to a corporate house despite five international banks refusing to lend to the Adani project.
Vistara has poor load factors currently, it needs to bring down fares a bit to improve flight occupancy.
Reliance is in the market with a benchmark issue to sell 30-year US dollar-denominated Reg S fixed rate senior unsecured notes.
India has made a fresh request to Switzerland seeking bank details and names of Indians having unaccounted money in Swiss banks, as the government expands its efforts to combat the menace of black money.
Investors can sell their entire equity and move to debt when stocks get expensive
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
'When the rupee was at 65 a dollar, we wanted to go to Thailand for a holiday.' 'Now at 72, we may find Goa much more attractive.' 'That's how correction happens.' 'If you don't let that correction happen, then it's a pressure cooker that bursts one day.'
The wide-based NSE sensitive index is currently hovering around 7,900.
