Foreign Banks In A Tight Spot Over EU Trading Norms

The latest sting operation by the online magazine exposes how some employees in two foreign banks in India have also been involved in accepting black money and agreeing to launder it.

Our market is sure to focus on the outlook painted by Federal Reserve after today's meeting, on when the process of tapering will start and that we are likely to see some tapering in bond purchasing going forward, said Jitendra Sriram of HSBC India.

Move comes after bank's failure to close deal with HSBC email this article Subject line: Your Email: Send me a copy: Recipients Id: Type address separated by commas Enter the characters shown in the image. Send Royal Bank of Scotland ( RBS) today said it had ...

NEW DELHI: Economic growth in emerging market economies remained sluggish in May, but India expanded at a better rate than the three BRIC peers China, Russia and Brazil, an HSBC survey said today. During May, the HSBC composite index for India, ...

Growth has been in line with its expectations in 2013, but slower reform progress will delay the recovery, says HSBC email this article Subject line: Your Email: Send me a copy: Recipients Id: Type address separated by commas Enter the characters shown in the ...

The Reserve Bank of India will meet on June 17 to review its mid-quarter policy and is likely to lower interest rates by 25 bps, say brokerages. MUMBAI: The Reserve Bank of India will meet on June 17 to review its mid-quarter policy and is likely to lower ...

The Reserve Bank of India is likely to cut policy rates by 0.25 per cent and keep the cash reserve ratio unchanged at its policy review next week, on the back of slower-than-expected growth and more encouraging inflation readings, says a report by HSBC. "From the RBI's perspective, the slower-than-expected growth and recently more encouraging inflation readings should pave the way for another 25 bps rate cut on June 17, but we do not expect a cut in the CRR with the liquidity deficit (as on ...

In an interview to CNBC-TV18, Pradeep Khanna, managing director and head- FX Trading, HSBC India says the currency is likely to be hammered more on the back of more FIIs removing their money from the market.

Also Read: As Japan seeks revival, hedge funds bet on a bust In an interview to CNBC-TV18, Linde says he is overweight on China at the moment due to cheap valuations. "The average company in China is trading at about half the price of the multiple ...