Activist-turned-politician Arvind Kejriwal on Friday took on the issue of hawala money stashed in Swiss bank accounts.
The new orders sub-index, which includes domestic demand as well as orders from abroad, rose to 53.2 in May
Indians want to have a little more clarity and certainty before they invest, says Naina Lal Kidwai, Executive Director, HSBC Limited and Country Head, HSBC India.
RBI has held its short-term lending (repo) rates unchanged at eight per cent since April 2012.
A million games to choose from here are a few which should certainly not be missed, chosen over others for brilliant interface, graphics and addiction of gamelplay.
Useful tips to protect users of credit and debit cards from being target of frauds.
There's need to address growth, but weak rupee putting pressure on prices.
The government on Tuesday said it cannot disclose the identity of persons involved in black money cases before initiating prosecution proceedings.
Before joining IndusInd Bank, he was the regional head of RBS' corporate solutions business in Asia Pacific region and was based in Singapore.
According to the latest data released by the Reserve Bank of India (RBI), the number of credit cards in the country increased by 128,000 in May. HDFC Bank added the most number of cards in May (69,974). State Bank of India (SBI) was next with 34,183 cards. SBI sells credit cards through SBI Cards, its joint venture with GE Capital. However, ICICI Bank and HSBC have reduced their credit card portfolios by 11,029 and 11,024, respectively.
While markets are watching the rupee touch record lows, Paul Mackel, Head of Asia Currency Research-Global Research at HSBC, says the currency is not yet in a free fall.
The widely tracked HSBC Purchasing Managers' Index (PMI) rose to 54.2 points in December, the fastest in a month since April 2009.
The Reserve Bank may cut key interest rates as early as this week.
Get Ahead reader Arun Iyer lists out three quick facts smartphone buyers must know before choosing the mobile they desire.
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.
HSBC and Tata group were among the top companies who hired the first batch of IIM-Rohtak graduates.
The UPA government has been facing a lot of flak for not doing enough to unearth the black money kept by Indians in banks abroad. Sheela Bhatt reports.
Adam Scott's caddy Steve Williams has escaped official punishment for his racist remark about former employer Tiger Woods after a high-level meeting of golf officials in China on Sunday.
The index went below the crucial 50 mark.
EPFO's advisory body FIC on Thursday shortlisted five entities --ICICI Securities, Reliance Capital, HSBC Asset Management Company, SBI and ICICI Prudential -- for managing its corpus of Rs 3.5 lakh crore (Rs 3.5 trillion).
The question is which tool it should use to shift gear.
The slowdown fear, as substantiated by various parameters like the HSBC Purchasing Managers' Index as well as the Index of Industrial Production, has gripped large companies but the smaller entities still seem hopeful of excellent growth. At least, tax collection figures show this trend.
Market meltdown and volatility pushed many traders to the sidelines.
Decision to hinge on Q3 GDP, Feb inflation data and supply-side reforms in the Budget
The loss before tax shot up 262 per cent to Rs 492 crore for the financial year ended March 2016.
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
Infosys' first non-founder CEO had been granted 232,329 RSUs at Rs 5 a unit.
Dogged by brokers' interference, exits at the top and clash of opinions, regional stock exchanges still struggle to launch their trading platform.
The Centre on Wednesday placed a list of names of 627 Indian account holders in HSBC bank, Geneva in the black money case before the Supreme Court which asked a Special Investigation Team to go through the list and take appropriate action in accordance with law.
Most sought-after market of the past few years doesn't feature among top bets in Asia, emerging markets
.jpg)
Analysts see FY16 CAD at 0.5-0.6% of GDP.
Jet and Etihad have already agreed upon a Rs 4,000-crore interim financing plan according to which Etihad will put in Rs 750 crore either on its own or from an offshore or onshore lender, and a matching amount will be provided by the Jet lenders.
Arab Gulf economies are set to benefit from large government spending programmes and high oil prices in the second half of the year, despite concerns over political turmoil in the Middle East and Europe's sovereign debt crisis, a senior bank official has said.
Last week, Essar had decided to prepay $900 million of this debt to foreign lenders.
World number one Novak Djokovic eased past Greek Stefanos Tsitsipas 6-3, 6-4 to lift his fifth Dubai Tennis Championships title on Saturday, extending his unbeaten start to the 2020 season. Djokovic has now won 21 straight matches, including 18 this season, having already lifted the inaugural ATP Cup with Serbia and a record-extending eighth Australian Open title last month.
Economic recovery in US, euro zone help; new orders sub-index at 52.4
According to bankers and economists, there is room for further rate cut by the RBI as retail and wholesale inflation rates have remained benign.
Currently investment in saving instruments, like risk cover, pension products, PF contributions, National Savings Certificates and others, are eligible for aggregate deduction of Rs 100,000.
Struggling Indian golfer SSP Chowrasia (72) sank a birdie on his closing hole of the second round to make the midway cut at the Abu Dhabi HSBC Championships.
As the shadow of governance deficit and corruption back home threatened to lengthen behind the glorious Davos sun, India's image managers launched a spirited damage control exercise on the penultimate day of the World Economic Forum (WEF).
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances