Investment banking giant Goldman Sachs has named housing loan major HDFC among world's seven best companies from the financial services space to sustain a competitive advantage in the long term, alongside global giants like Standard Chartered, HSBC and Morgan Stanley.
According to a reliable source, the names of 'Preneet Kaur' and a name similar to one of Narayan Rane's sons allegedly feature on the HSBC list of Indians with Swiss bank accounts, says Sheela Bhatt/Rediff.com
India Inc reacted cautiously to allegations on Swiss a/cs.
Total amount in these accounts is estimated to be around Rs 1,500-1,600 cr
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Former India badminton coach Vimal Kumar on Tuesday blamed the withdrawals by Asian nations for the postponement of the Thomas and Uber Cup Final, calling it a "big setback" for the sport.
The HSBC Manufacturing Purchasing Managers' Index, compiled by Markit, fell to 52.4 in August from 53.0 in July but chalked up its tenth month above the 50 mark that divides growth from contraction.
Government on Monday said Rs 4,147 crore or Rs 41.47 billion has been disclosed under the black money compliance window.
As the government submitted a list of 627 foreign account holders to the Supreme Court on Wednesday, the spotlight is on family of former Maharashtra chief minister, former minister in the UPA government, a Mumbai-based corporate among others. Vrishti Beniwal reports
Apart from SBI, UPI 2.0 partner banks are HDFC Bank, Axis Bank, ICICI Bank, IDBI Bank, RBL Bank, YES Bank, Kotak Mahindra Bank, IndusInd Bank, Federal Bank and HSBC.
This is Chidambaram's third letter to Swiss Finance Minister Eveline Widmer Schlumpf within four months on this matter.
Economists caution that the underlying cause could be an alarming drop in demand -- something that's not good for economic growth.
The Badminton World Federation (BWF) on Wednesday said it might freeze the world rankings for a while as it works on a "fair solution" to the Olympic qualification process after the coronavirus pandemic forced a postponement of the Tokyo Games to 2021. There have been growing calls to freeze the world rankings after cancellations and postponements wrecked the sport's calendar. Indian shuttlers Saina Nehwal, B Sai Praneeth, Parupalli Kashyap and H S Prannoy have been leading the way in expressing concerns.
Six firms have qualified for managing EPFO funds.
The government should focus on growth, inflation management, fiscal policy and relationship with the Reserve Bank of India, according to RBS.
Here are 15 companies that research houses believe could see significant impact due to the Budget proposals.
The government has stuck to its ambitious fiscal deficit targets and has given the right messages on manufacturing which should keep sentiment in the equity market buoyant, it said.
Such schemes need 3-5 yrs to take advantage of dollar and market risk.
The HSBC Services Purchasing Managers' Index , compiled by Markit, fell to 50.6 in August from 52.2 in July.
India's GDP growth quickened to 7.4 per cent in the September.
The 30-share BSE Sensex closed 42 points lower at 22,509 levels and NSE Nifty slipped over 16 points at 6,736 levels.
A recovery from lower levels in the last hour of trade led by buying in banking, metals and realty stocks, capped losses.
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.
Forecast of normal monsoon and a good harvest will boost the purchasing power of gold among farmers in India, said a report from the leading Asian investment bank, HSBC.
For stolen data, India had sought information about its taxpayers who had secret bank accounts in HSBC Geneva.
The HSBC Manufacturing Purchasing Managers' Index fell to 51.3 in April from March's 52.1
HSBC Group Service Centres are recruiting Customer Service Executives.
The survey showed firms' confidence regarding future business grew at the slowest pace in a year last month.
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."
Foreign brokerage HSBC said emergence of pleasing data and the likelihood of RBI holding its key rate on April 1, should not lead to believing that the rate tightening cycle is over.
HSBC Group Service Centres are recruiting Customer Service Executives.
Let's take a look at biggest money-laundering settlements with US authorities.
The report comes on the heels of surprisingly poor export data that showed exports slumping by six per cent in February.
The country is biding time to assess the mood of the next Indian government.
HSBC Group Service Centres are recruiting Customer Service Executives.
According to the report, 1,195 Indians, nearly double the old list of 628 shared by the French government with India, figure in the HSBC list with a total balance of Rs 25,420 crore.
In its third quarter review of monetary policy, the RBI in January raised the key repo rate by 0.25 per cent to 8 per cent in a bid to curb inflation.
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