The services sector suffering due to slowing orders, says HSBC.
The pace of activity in China's vast manufacturing sector quickened for the first time in 13 months in November, a survey of private factory managers found, adding to evidence that the economy is reviving after seven quarters of slowing growth.
However, some experts also feel that there is a case for front-loading of interest rate cut to give a push to the economy
PMI contracts as power outages hit productivity, demand for exports slips.
Swiss brokerage UBS joins European banking peer HSBC in shutting down its offshore derivative business
HSBC PMI falls to 50.7, slow domestic demand offsets pick up from abroad.
A shocking revelation that banking giants HSBC and Standard Chartered are suspected to have laundered money for drug cartels has prompted an in-depth inquiry by Indian investigation agencies.
Scores of activists of Arvind Kejriwal's India Against Corruption were on Saturday briefly detained by the police while staging a protest outside the family home of the Ambani brothers in Mumbai to demand a probe into alleged parking of black money by them in a Swiss bank.
The brothers say that the accounts were opened when they were NRIs and were legally allowed to do so.
Anglo-Dutch FMCG giant Unilever Plc's $ 5.4 billion open offer to increase stake in its Indian arm Hindustan Unilever Limited (HUL) to up to 75 per cent commenced on Friday.
India on Monday got the backing of Switzerland in its bid to become a member of the Nuclear Suppliers Group.
Special Investigation Team on black money will hold a meeting.
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.
Activist-turned-politician Arvind Kejriwal on Friday took on the issue of hawala money stashed in Swiss bank accounts.
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.
The new orders sub-index, which includes domestic demand as well as orders from abroad, rose to 53.2 in May
RBI has held its short-term lending (repo) rates unchanged at eight per cent since April 2012.
Reliance has no illegal Swiss Bank accounts.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
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There's need to address growth, but weak rupee putting pressure on prices.
Useful tips to protect users of credit and debit cards from being target of frauds.
IIT Kharagpur gets more than 1,000 job offers in a record five days, with 144 companies visiting the campus till Dec 5
The government on Tuesday said it cannot disclose the identity of persons involved in black money cases before initiating prosecution proceedings.
At issue size of Rs 10,355 cr, the offering will be Asia's biggest this year and fifth-largest domestically.
'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.
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.
Get Ahead reader Arun Iyer lists out three quick facts smartphone buyers must know before choosing the mobile they desire.
HSBC and Tata group were among the top companies who hired the first batch of IIM-Rohtak graduates.
List of international sports events affected by the coronavirus that has killed over 900 people and infected more than 40,000 in China
The Reserve Bank may cut key interest rates as early as this week.
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.
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 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.
The question is which tool it should use to shift gear.
The index went below the crucial 50 mark.
