Such has been the sentiment in the Indian market that even the HSBC in its report ‘acknowledged’ the overwhelming role of Modi wave in this turnaround. The headline HSBC Services Business Activity Index was at a 17-month peak of 54.4 in ... Jagran Post, 1 month ago
Modi wave: Services sector growth surges in June - Rediff.com, 1 month ago
3 images for "hsbc rsquo"
The HSBC India Manufacturing Purchasing Managers’ Index (PMI), a measure of factory production, rose marginally from 51.4 in May to 51.5 in June as operating conditions improved for the eighth month in succession. A ...Jagran Post, 1 month ago
Tata Motors’ scrip has gained eight per cent over the past fortnight, on expectations of a revival in the domestic business and strong volumes by Jaguar Land Rover. Aided by a strong showing in China and key developed markets, JLR’s 17 per cent year-on-year (y-o-y) volume growth in June helped it to outperform its European luxury car peers. The Street, however, is keeping a keen eye on domestic market, where the company has been struggling to sell its commercial and passenger ...Rediff.com, 1 month ago
HSBC has written to one of London's biggest mosques at Finsbury Park and other organisations, including an Islamic think tank, saying that to continue providing services would be outside the bank's ‘risk appetite’. It said decisions to close ...Jagran Post, 3 weeks ago
Markets ended marginally higher on Thursday led by gains in bank shares after Finance Minister Arun Jaitley said that the government was working towards bringing in more professionalism in the functioning of banks and improving risk management, amid the backdrop of the recent scams in some public sector banks. Further, steel shares came under pressure after the government hiked royalty on iron and bauxite. The 30-share Sensex ended higher by 46 points at 26,360 and the ...Rediff.com, 1 day ago
Benchmark share indices ended higher amid short covering in late trades with auto and realty shares leading the gains as the SLR cut by the RBI would facilitate funding of credit to both these sectors. The 30-share Sensex surged 185 points to end at 25,908 and the 50-share Nifty ended up 63 points at 7,747. Meanwhile, the Reserve Bank of India at its Monetary Policy Review today kept key policy rates unchanged, but cut the SLR by 50 bps to 22%. The repo rate stands unchanged at 8% and CRR at ...Rediff.com, 2 weeks ago
The markets slumped in late trades, amid weak global cues, on aggressive selling by institutional investors on concerns that robust US jobs data due later on Friday may give the US Federal Reserve much needed comfort to taper its bond buying program and end its easy money policy stance by raising rates sooner-than-expected. Further, investors also turned cautious ahead of RBI monetary policy meet next week. The 30-share Sensex ended down 414 points at 25,481 and the 50-share Nifty slipped 119 ...Rediff.com, 3 weeks ago
HONG KONG: Citigroup plans to hire as many as 100 bankers in a renewed push into Asia-Pacific commercial banking, following in rival HSBC’s footsteps with a strategy that focuses on selling smaller corporate clients a wider range of products. Global ...Himalayan times, 3 weeks ago
Markets maintained winning streak for the eight straight session to end at record closing highs with metal shares rallying the most on the back of upbeat economic data from China. Further, the Cabinet approval for 49% foreign investment in insurance companies through the FIPB route also aided sentiment. The 30-share Sensex ended at 26,272 up 125 points and the 50-share Nifty ended at 7,831 up by 35 points. Bse Midcap index lost 0.2%, whereas BSE Smallcap index inched up 0.2%. Both Sensex and ...Rediff.com, 4 weeks ago
Banks becoming insurance brokers to sell policies was one of the most talked proposals of P Chidambaram, finance minister in the previous United Progressive Alliance-led government. However, insurance sector sources said the finance ministry is now not too keen to push this model to the banks. “In the recent meeting between private insurers and Finance Minister Arun Jaitley, the issue of banks becoming insurance brokers was also discussed. Since there has been strong opposition from the ...Rediff.com, 1 month ago
on your WebpageAdd Widget >Get your members hooked!