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
No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.
While Gupta, 60, can rightfully bask in the glory he has achieved for his bank in the subcontinent, his peers in foreign banks will have to revisit their India play, especially the local incorporation model, says Raghu Mohan.
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.
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
Government on Monday said Rs 4,147 crore or Rs 41.47 billion has been disclosed under the black money compliance window.
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.
This is Chidambaram's third letter to Swiss Finance Minister Eveline Widmer Schlumpf within four months on this matter.
Six firms have qualified for managing EPFO funds.
HSBC Group Service Centres are recruiting Customer Service Executives.
The government should focus on growth, inflation management, fiscal policy and relationship with the Reserve Bank of India, according to RBS.
The HSBC Services Purchasing Managers' Index , compiled by Markit, fell to 50.6 in August from 52.2 in July.
Here are 15 companies that research houses believe could see significant impact due to the Budget proposals.
HSBC Group Service Centres are recruiting Customer Service Executives.
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 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.
Star Indian shuttlers P V Sindhu and Kidambi Srikanth fought their hearts out before suffering close defeats in their respective group 'B' openers at the US$ 1.5 million HSBC BWF World Tour Finals, in Bangkok, on Wednesday.
HSBC Group Service Centres are recruiting Customer Service Executives.
India's GDP growth quickened to 7.4 per cent in the September.
For stolen data, India had sought information about its taxpayers who had secret bank accounts in HSBC Geneva.
Chandra, who will turn 69 years old on Saturday, becomes non-executive director with immediate effect.
The survey showed firms' confidence regarding future business grew at the slowest pace in a year last month.
Kashyap, a Commonwealth Games champion, was trailing 8-14 in the third game when he chose to retire after pulling his calf muscle.
The HSBC Manufacturing Purchasing Managers' Index fell to 51.3 in April from March's 52.1
Let's take a look at biggest money-laundering settlements with US authorities.
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.
The report comes on the heels of surprisingly poor export data that showed exports slumping by six per cent in February.
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."
If the nominations are not in place, the heirs need to go through a lengthy process to get access to the money cautions Bindisha Sarang.
India country funds saw an outflow of $700 million
The country is biding time to assess the mood of the next Indian government.
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.
India's booming outsourcing sector has been hit by a fraud again.
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.
