Let's take a look at biggest money-laundering settlements with US authorities.
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.
The report comes on the heels of surprisingly poor export data that showed exports slumping by six per cent in February.
HSBC Group Service Centres are recruiting Customer Service Executives.
The country is biding time to assess the mood of the next Indian government.
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.
India country funds saw an outflow of $700 million
The improvement, coupled with the positive findings of Monday's survey on Indian manufacturing, augurs well for Asia's third-largest economy, which grew at a higher-than-expected 4.8 per cent annual rate in the three months through September.
India's booming outsourcing sector has been hit by a fraud again.
Factory growth picked up in May.
The Indian Met Department has predicted a below normal monsoon.
HSBC Electronic Data Processing India Private Limited is recruiting Customer Service Executives.
Some of Modi's biggest reforms have met with fierce political opposition.
RBI recently hiked LRS limit to $125,000 or Rs 7500,000 as on Aug 19 with $/rupee rate of 60
Although the country's manufacturing growth rate fell to its lowest in over four years last month, the export orders picked up and both input and output inflation eased, as per a monthly Purchasing Manager survey conducted by HSBC India and financial information provider Markit.
The bank remains on high alert to intervene if markets freeze.
IIM-A saw 36 per cent jump in maximum domestic salary in 2018 placements this year.
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.
At issue size of Rs 10,355 cr, the offering will be Asia's biggest this year and fifth-largest domestically.
Industrial output fell 3.2 per cent in November.
The 30- Share BSE Sensex ended 19924 up 22 points or 0.11 per cent, while the broader 50-share NSE Nifty closed down by 2 points or 0.01 pct at 5907.
Broader markets outperformed the benchmark indices marginally; BSE Small-cap ended 0.5% higher while mid-caps were up 0.2%.
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.
IIT Kharagpur gets more than 1,000 job offers in a record five days, with 144 companies visiting the campus till Dec 5
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Although the survey pointed to the softness in demand leveling off, a complete recovery is still some way off.
'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.
Finance Minister Arun Jaitley on Friday said Switzerland has agreed to share information on Indians having illicit money in Swiss banks on independent evidence provided in each case to the Alpine nation.
Weakness seen in software shares, auto stocks gain on good sales growth.
List of international sports events affected by the coronavirus that has killed over 900 people and infected more than 40,000 in China
The Wimbledon Championship runner-up is expected to be a top draw at the ATP 250 event to be played at the Mhalunge Balewadi Stadium in Pune.
India has pipped China to drive the volume growth of smartphones in the world on the back of falling prices of high-end devices.
It indicates that the economy has remained frail at the start of the new fiscal year.
Global equity and bond markets, especially in Japan, were spooked on Thursday post the US Federal Reserve's comments on the third round of bond buying programme, commonly known as quantitative easing (QE3).
Days after RBI tightened liquidity to check rupee fall, HSBC country head and Ficci president Naina Lal Kidwai said the move was bad for industry as it would eventually lead to hike in interest rate.
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