India and the United States settled a dispute on Thursday that had paralysed the World Trade Organization and risked derailing a $1 trillion package of reforms.
Swiss brokerage UBS joins European banking peer HSBC in shutting down its offshore derivative business
The question is which tool it should use to shift gear.
According to bankers and economists, there is room for further rate cut by the RBI as retail and wholesale inflation rates have remained benign.
Deutsche Bank could be the next to trim its retail operations.
Govt is likely to find it hard to meet deficit target next year.
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
Prime Minister Narendra Modi is set to meet top Australian business leaders, including BHP Billiton CEO Andrew Mackenzie and HSBC Bank Australia CEO Tony Cripps, at a roundtable in Melbourne next week.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
HSBC PMI falls to 50.7, slow domestic demand offsets pick up from abroad.
The real benefits can be seen when prices stabilise, preferably at levels acceptable to both consumers and producers.
While some companies, such as HSBC, have closed retail operations, big players such as India Infoline is scaling down.
The optimism in global markets could help India as the rebound in GDP is expected to continue and get more broad-based.
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.
Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day. What it needs is more onsite supervision. Merely checking high-frequency data with the help of technology is insufficient, notes Tamal Bandyopadhyay.
A slew of Indian firms, including Flipkart, Byju's and Zomato, is building a path to profitability and diversifying into newer business segments ahead of mega-IPO plans.
IIT Kharagpur gets more than 1,000 job offers in a record five days, with 144 companies visiting the campus till Dec 5
Shree Rama Multi Tech Ltd said Company Law Board dismissed a petition filed against the company by HSBC Private Equity India Ltd, a foreign equity investor.
The index, based on a survey of 500 companies, rose to 57.2 in October from 55.1 in the previous month and 57.2 in August. October was the 19th consecutive month in which the index has risen.
"Any lingering concern that India's manufacturing recovery was tailing off should be put off. A second consecutive rise in PMI has taken the series to a new cycle high consistent on double digit rise in industrial production," said Robert Prior Wandesforde, senior asian economist, HSBC.
The Reserve Bank may cut key interest rates as early as this week.
Credit Suisse said $5.6 may work for Reliance Industries' R-Series gas field in the KG-D6 block but the economics for its satellite fields and NEC-25 block are uncertain.
About one-fourth of the Indian population is without pension coverage and only 13 per cent of the country's paid employees are under formal pension arrangement, a survey has found.
Whether India can create labour-intensive factory jobs instead that it needs to put millions to work in the next few years looks very unlikely.
Squeezing growth prospects in IT services firms and higher compensation in technology centres run by global companies are the two factors driving this trend.
Infosys' first non-founder CEO had been granted 232,329 RSUs at Rs 5 a unit.
The churn in investment banks, though less muted than in the heydays of 2007, is gathering speed. "The pent-up desire to move is very high at the moment," says R Suresh, managing director at head hunting firm Stanton Chase.
Second seed Ritwik Bhattacharya of India shocked top seed and world No 11 Mohd. Azlan Iskandar of Malaysia 12-10, 11-9, 11-1 to clinch the men's Open title in the 33rd Bombay Gymkhana-HSBC Maharashtra State Open Squash Championships, at the Bombay Gymkhana on Friday. Women's top seed and India No 1 Joshna Chinappa overcame second seed Dipika Pallikal 12-10, 11-9, 11-9 to snatch the women's crown.
Through the book 'Make in India' authors Ranjini Manian and Joanne Grady Husky bring you the wisdom of twelve CEOS who walked the trail before them.
Of the total 53,334 cases of frauds reported during 2008-09 and 2018-19 fiscal years, involving a whopping Rs 2.05 lakh crore, a highest of 6,811 cases were reported by the ICICI Bank.
Terming the RBI action on Wednesday as a "pleasant surprise", analysts today cautioned that possibility of a rate hike in the future cannot be ruled out. Urijit Patel committee's report on monetary policy would clear the air on RBI's future stand, they added.
Forbes magazine has compiled a list of the best 2000 global companies. 48 Indian companies figured on this list. Top amongst the Indian companies are Reliance Industries and PSU major ONGC at 193rd and 198th ranks. HSBC topped the list. Other Indian companies on the list are SBI, Indian Oil, ICICI Bank, NTPC, SAIL, Tata Steel, Bharti Airtel, RComm, HDFC, L&T, BPCL, RPower, RCap, BHEL, Infosys, Tata Motors, Wipro, ITC,Canara Bank, Central Bank of India, Union Bank of India,DLF
Women are opting out of high-flying career due to family responsibilities, says a study.
'Experts are not ruling out further pain as global factors cannot insulate India from the aftermath.'
The loss before tax shot up 262 per cent to Rs 492 crore for the financial year ended March 2016.
The slowdown in the US economy along with domestic factors like service tax on leased and rented premises and imposition of minimum alternate tax may impact revenues and earning growth rates of all major IT companies of India.
Police are yet to contact banks whose credit cards are said to have been found from terrorists who carried out brazen attacks on Mumbai.
Captive centres set up by multinational corporations in India are posing a serious threat to the domestic outsourcing companies.
Under the resolution plan, the lenders would end up having a sizable portion of shares in the airline, if their boards of directors agree to convert part of their debt into equity.
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