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USTR Report Intensifies Trade Tensions With India

The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy. Kindly note the image has been posted only for......

HSBC shuts Muslim accounts in UK

In a controversial move, global private banking major HSBC has closed a number of "risky" accounts belonging to Muslim groups and individuals in the United Kingdom. HSBC has written to one of......

ED arrests cryptocurrency trader in Chinese online betting scam case

The Enforcement Directorate has arrested a cryptocurrency trader in connection with its money laundering probe linked to an online Chinese betting scam case that is estimated to be over Rs 1,100......

Who is this 'Yashpal Kapoor' on the Swiss bank accounts list?

Is this 'Yashpal Kapoor' the late Congress leader, one of Indira Gandhi's closest aides in the 1970s? Sheela Bhatt/ Rediff.com reports. Rediff.com had reported on Sunday, October 26, 2014, that the......

Who are 'Preneet Kaur' and 'Rane' on 'Swiss accounts' list?

A trove of secret documents from HSBC’s Swiss private banking arm has revealed names of 1,195 Indian account holders, roughly double the 628 names that French authorities gave to the......

HSBC to shut down India private banking business

Global banking major HSBC on Friday announced shutting down of its private banking business in India that offers wealth management services. "After a strategic review of our global private banking......

RBI considers fresh guidelines to curb mis-selling

Concerned over the rise in mis-selling of products by banks and non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) is examining whether to come up with norms to curb such......

Sensex, Nifty end lower on global trade concerns

Benchmark equity indices Sensex and Nifty on Monday ended marginally lower, following sluggish trends in global markets amid renewed global trade concerns. Photograph: Francis Mascarenhas/Reuters......

HDFC Bank Q3 a 'strong' quarter despite just 2% profit growth: Analysts

Analysts have largely maintained their positive outlook on HDFC Bank, as the private lender reported in-line results for the October-December quarter (Q3) of the current financial year......

Tech startups worth $100 bn set to pursue IPOs by 2027: Rainmaker Group

More than 30 technology startups, collectively valued at $100 billion, are poised to go public by 2027, signalling a potential rebound in India’s stock market activity, according to a report......

Uruguay's star footballer Forlan among HSBC's Swiss account holders

Uruguayan soccer player Diego Forlan on Monday denied evading taxes by hiding money in Swiss accounts with the British bank HSBC Holdings PLC. Forlan was among a list of rock stars, Hollywood......

Real, Barca and Bilbao sue La Liga over CVC deal

IMAGE: The deal was "an illegal transaction that causes irreparable damage to the entire Spanish football sector and flagrantly violates the most elementary principles of Spanish sports law and......